LandFX Review

  • Broker Type: STP

  • Leverage: 1:500

  • Regulation: FCA, FSA

  • Min. Deposit: 300 US$

  • HQ: UK

  • Platforms: MT4, Land FX MultiTerminal

  • Found in: 2006

Broker Licenses:

  • Land-FX UK Ltd. - authorized by FCA (UK) registration no.  709866
  • Land-FX Ltd. - authorized by FSA (St. Vincent and the Grenadines) registration no. 23627

 

Top 3 Regulated Forex Brokers

Company Brief:

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. The company 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 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 trading process.

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

Land-FX promises to provide an optimal trading environment with a stable system for every trade and to provide the clients with the best possible assistance with the available market news and important updated, that was also recognized timely by the respected organizations.

Winner of FCM 2013 | CIOT GLOBAL EXPO 2013

Best Retail Forex Provider | China Forex Expo 2014

Best Retail FX Broker | Forex Investment & Innovation Summit 2015

Best Forex Broker in Asia | CGIIF 2016

The Most TRUSTWORTHY Forex Broker | Investment and Financing Expo 2017Land FX Review

Licenses, Regulations & Security of funds:

As the UK established financial service company, the 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. The safety of clients’ funds 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.

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 regulates and supervises the international financial services sector and the non bank financial institutions in accordance with the various governing legislation and best international practices to ensure that these sectors are reputable and contribute to the economic and social development of St. Vincent and the Grenadines.

Trading Platforms & Tools:

The platform software 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 or to use the proprietary Land FX platform along with the possibility to engage in a social trading environment with ZuluTrade.

MetaTrader4 does not require an introduction since it established itself as an 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.

The Land FX 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 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 a real-time trades to be executed in a very own trading account.

Account Types and Trading Costs:

The account offers to deliver choice between two accounts that brings a tailored solution to every trader. The Standard account features leverage up to 1:500 with a full range of trading products available and requires only 300$ as a first deposit, the account features STP execution with the lowest tight spreads as a trading cost.

Moreover, Land FX offers to their customers the best pricing under the conditions of ECN environment with Interbank quotes from 0 pips. The minimum deposit requirement is 2,000$ while the commission will be included into the spread of 0.35 pips per Lot.

As well there are some Bonuses that are specifically designed to suit the traders demand and reward their strives in trading. At the moment of review it was available First Deposit Bonus with 10% reward up to 3,000$ and for the amounts above 300$; and other Special Promotion which allows a trader to write a public review about his own experience with Land FX with an ability to win a 1,000$ bonus on a trading account as a reward. (However, the client should check the current availability at the official company website).

Payment Methods:

Land FX offers a variety of methods to fund the trading account with ease, security and convenience. The most common options include Card transactions as well as e-wallets Neteller, Skrill, STICPAY and Bank wire transfer. Nevertheless, the company covers the transaction fees while the deposit amount exceeds the minimum requirement, which is set in each method individually (e/g. Skrill, Neteller minimum is 5$).

The withdrawals are processed quickly while might take up to a couple of days in order to let the money appear on the account. For the withdrawal fees, there are some payment options that cover the transaction charge, while another will add on above some extra fee, e.g. Skrill will add 1% per transaction, fasapay processes with no fees, and WebMoney charge 0.8%. Yet, the transaction fee can be applied based on the trading volume.

Conclusion:

Overall, Land FX Review concludes the company with a strong, reliable set of operations established globally among the range of international countries. The company delivers powerful trading capabilities to the traders of any level of expertise, while the trading instruments and technological software deliver STP execution model. Furthermore, the company rewards their clients with some bonuses and programs which is definitely a plus.

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