Land FX Review (2023)

What is Land FX?

Land FX was established by the industry experts with many years of broad experience in the financial markets, while until the moment the broker serves worldwide branches in New Zealand, China, Philippines, Russia, Singapore, Malaysia, Indonesia, Egypt and headquarters in the UK. Also, its operation was established in Cyprus and through an offshore entity as well.

The broker follows a mission to provide the best services and creative solutions to their clients and help them grow together in this fast-paced global financial market.

This aim was achieved by providing the highest standards of customer service and ensuring that the clients are treated fairly not only by the regulatory requirements but also by the enabled STP and ECN trading process.

Land FX Pros and Cons

Land FX is a Regulated broker with a good record, good instrument range and platforms suitable for beginning and Professional options via Standard and ECN accounts, also Social trading.

For Cons, there are No comprehensive education sources and 24/7 support.

10 Points Summary

🏢 Headquarters	UK
🗺️ Regulation	FCA, EEA crossborder, FSA
🖥 Platforms	MT4, MT5, Land FX Platform, ZuluTrade
📉 Instruments	Forex, Precious Metal, Commodities, Futures
💰 EUR/USD Spread	1.4 pips
🎮 Demo Account	Offered
💳 Minimum deposit	300$
💰 Base currencies	Several currencies
📚 Education	Analysis and Research tool with Social trading
☎ Customer Support	24/7

Awards

Is Land FX safe or a scam

Land FX is a safe broker since is regulated by top-tier FCA authority. It is considered low-risk trading Forex and CFD broker, however international proposal is done via the offshore entity.

Is Land FX legit?

As the UK established a financial service company, Land FX is authorized and regulated by the Financial Conduct Authority (FCA), which also holds an authorization to hold Client Money under the FCA CASS rules. Read more Why Trade with FCA Brokers.

The safety of clients’ funds is performed in multiple ways by adhering to a set of Client Money obligations, while all funds are kept in Barclays PLC, a tier 1 bank as a custodial account. The client also participates in the UK’s Financial Services Compensation Scheme (FSCS) and Financial Ombudsman Service (FOS) for the top-level financial confidence and investment protection.

Regulations

In addition to the FCA regulation, the Land FX is permitted to provide investment services in the European Economic Area (EEA) with passports received from the local EU authorities.

Moreover, the international service has been registered with the Financial Services Authority located in offshore SVG allowing to offer trading service globally. Even though, we do not recommend trading with offshore brokers, due to Land FX regulatory obligation to FCA it is considered a safe trading environment.

Leverage

As for the leverage levels offered by Land FX, as usual, these are depending on some specifications including the account type you use, the level of your proficiency, as well as by your residence.

• While the maximum level Land FX offers is set to 1:500 for Forex instruments, the ECN Account maximum is only 1:200 and that is available for the global traders.
• In case you are a resident of the UK or Europe automatically your account will fall under ESMA restriction, which permits a maximum of 1:30 for major currency pairs and even 1:10 for commodities.

Account types

The account offering of Land FX is a choice between two accounts with a tailored solution to specified trading needs. The Standard account features a full range of trading products and features the STP execution model with the lowest tight spreads only as a trading cost.

Secondly, Land FX offers the best pricing under the conditions of ECN environment with Interbank quotes starting from 0 pips and the commission charge, which will be included on a fixed basis into the raw spread, which is 0.3 pips per Lot.

How to open your account

Trading Instruments

The market range covers 60 tradable foreign exchange markets on CFDs that include Spot Metals, Oils, Indices and Commodities, which cate large and small market participants across the globe.

Fees

Land FX Spread is defined by the account type as mentioned before, so you can select either spread basis or ECN environment with commission charge. Besides, consider other fees like inactivity or funding fees.

Spreads

While trading with a Standard account you may enjoy tight spreads and an ECN account will bring you spreads from 0 but with commission charges applied.

For you to compare the difference between CFD brokers, see some spreads of Standard account below, while typical EUR/USD Standard spread is 1.4, and the ECN spread is 0.1 pip. Also, you may compare Land FX Spread and Fees to another company BlackBull Markets.

Land FX Rollover

The rollover or swap which is charged on the position held longer than a day is also considered as a trading cost. Yet, a rollover may act either on your favor as a refund or as a charge that is depending on the instrument and the direction of your order. See samples of overnight charges above.

Deposits and Withdrawals

Land FX offers a variety of methods to fund the trading account with ease, security and convenience, while all transactions are done via online account area.

Deposit Options

The most common options include

• Card transactions
• e-wallets Neteller, Skrill, STICPAY, fasapay, Perfect Money
• Bank wire transfer.

Moreover, there is a great possibility to request Land-FX MasterCard which will give you a great opportunity to fund and withdraw money from your trading account directly to the card.

What is the minimum deposit for Land FX?

Land FX you may access Standard Account with only 300$ as the minimum deposit which will allow you to trade almost all instruments instantly since there are two account types offered The ECN Account requires 2000$ respectively, so the choice is yours.

Land FX minimum deposit vs other brokers

	Land FX	Most Other Brokers
Minimum Deposit	$300	$500

Withdrawals

Land FX covers the transaction fees when the deposit amount exceeds the minimum requirement set by each method individually (e/g. Skrill, Neteller, STICPAY and Cards minimum is 5$). Land FX withdrawal options are popular Bank Wire and e-wallets.

How long does it take to withdraw money from Land FX

As for the withdrawals, typically Land FX process request quickly, yet it might take up to a couple of days to let the money appear on the money account.

Also, some methods add on the withdrawal fees and there are some payment options that are free of transaction charge. e.g. Skrill will add 1% per transaction, fasapay and Cards processes withdrawal with no fees, and WebMoney charges 0.8%. Yet, the transaction fee can be also applied and decreased based on the trading volume you operate.

Platforms

The platform software offering of Land FX adheres to cover the needs of the most demanding and also novice traders while there is an option to choose either the market leader MetaTrader4, its newer version MetaTrader5 or to use the proprietary Land FX platform along with the possibility to engage in a social trading environment with ZuluTrade.

Web Platform

MetaTrader4 does not require an introduction since its an established industry standard with the combination of the user-friendly interface and powerful features within the trading functions. The MT4 platform featured in multi-asset availability to trade from the PC, Mobile or the Tablet, while MetaTrader5 brings even more developed capabilities with numerous other impressive trading features.

Desktop Platform

As for the Land FX platform is a MultiTerminal which is an ideal tool for traders willing to handle multiple accounts of MT4 from a single interface. Land FX clients will find a useful, yet simple to manage an environment with all the powers and capabilities of the MT4 along with the execution of multiple order types and PAMM management.

And the last option, which is the AutoTrade platform with the social trading community allows to create and manage own investment portfolio by selecting from a talented pool of signal providers across the globe, that allows real-time trades to be executed in a very own trading account.

Customer Support

Besides to international phone lines available in various regions you can contact Land FX customer support in numerous ways including Live chat and emails. We found in our Land FX Review service quite responsive and professional with good and relevant answers, also traders remain satisfied with its quality which is also another plus.

Education

In addition, to all what we discover in our Land FX Review, the broker provides an optimal trading environment with a stable system for every trade and always stands beside you to deliver the best possible assistance through the market news and important updates.

There are no education courses, but organized videos and analysis tools that can help you with recent developments and get you around Land FX proposal. Also, numerous trading ideas and social trading might be a good option for newbies. So for the very beginners, we would advise seek better quality information and better sign in for an extensive trading course and be sure you understand trading deep enough, as it is crucial for success.

Conclusion

Land FX Review concludes the company with a strong, reliable set of operations established globally among a range of international countries and vast of trading possibilities. The broker delivers powerful trading capabilities to the traders of any level of expertise, while the instruments and technological software deliver the STP execution model. Yet, be sure to verify specified conditions as international entities may offer slightly different conditions for trading.