FX

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Advantages:

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Disadvantages:

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About company:

Land-FX is based in New Zealand and has offices around the world.

About company. Fund security

The broker is owned by Land Prime Ltd, which is licensed by FMA (New Zealand) and FCA (UK).

To obtain a license from a British financial controller, brokers need to prove their financial stability: their account must have at least € 730,000.

In addition, both the FCA and the FMA require customer funds to be held in accounts separate from the company's operating funds. This separation ensures that in the event of a broker's bankruptcy, the clients' money cannot be seized by creditors.

FCA regulation also provides an additional assurance of the safety of clients' funds as brokers must participate in the financial services compensation program. If the broker becomes insolvent, the trader can receive up to £ 50,000.

In addition, Land-FX is a member of NZ FSCL (Financial Services Complaints Limited), a financial dispute resolution service.

In 2014, the company was awarded the "Best Forex Broker in China" at the Forex Expo.

Trading conditions

A wide range of instruments is available in Land-FX: major and minor pairs, CFDs, commodities such as Brent Crude, spot metals such as gold, silver, platinum and palladium, as well as stock indices such as US30, DE30, SP500, etc. etc.

Land-FX offers two different types of trading accounts: the Standard FX account and the ECN account. The Standard Account offers 1.8 pips average spreads on major currency pairs as well as a minimum initial trading capital of $ 300.

An ECN account starts with a minimum deposit of $ 2,000. Average spreads for major currency pairs start at 0.4 pips, but each trade is charged a commission of $ 35 per lot.

The maximum Land-FX leverage offered on both account types is 1: 500, which is an average offer provided by most brokers in Europe and Asia Pacific.

Trading platform

MT4 is the main Land-FX platform available for both standard and ECN accounts. The broker offers different versions of MT4 for different devices, including mobile applications. Land-FX apps for different platforms are available through the official Land-FX website, as well as through the official app store for iOS and Android.

The MT4 platform contains a large number of technical indicators such as MACD, Relative Strength Index (RSI), Moving Averages, Stochastic, Bollinger Bands.

Bonuses

Land FX offers a 10% welcome bonus on your first deposit. The bonus cannot exceed the amount of $ 3,000.

Customer support

Works 24/7. The trader can get support via email, phone and live chat. The company also provides an online form on its website for questions and an FAQ section, which usually contains all the information you need to get started in the market.

Ways of payment

Land-FX clients have the ability to deposit and withdraw money in just one hour, which not only guarantees fast and secure payments, but also ensures trust on the part of traders.

Various payment options for Land-FX are available: credit cards, bank transfers, Skrill, Neteller and PerfectMoney. The broker waived all deposit fees.

Pros:

demo account; scalping allowed; segregated accounts.

Minuses:

does not accept traders from certain jurisdictions.

FAQ - BROKER QUESTIONS FX

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Can the broker FX be considered honest?
Before any trading and choosing a broker, you should always read reviews on our portal, as well as on other resources. Brokers that are honest have a rating above 3.8. There is also always a risk of losing investments when trading CFDs. Be careful and read the risk warning on the broker's website. FX received a rating of 1 out of 5 on our resource.