Land-FX, also known as Landa Prime Ltd, is a forex and CFD broker established in the United Kingdom. They primarily offer trading services in forex, metals, crude oil, indices, and other financial instruments. The broker does not provide services to residents of specific jurisdictions such as the United States, Cuba, Sudan, Syria, North Korea, and individuals listed on the United Nations Security Council comprehensive sanctions list.
Company Background:
Land-FX的公司实体是Land Prime Ltd。Land-FX的具体办公地址位于1405, Pearl Centre, Valero St., Salcedo Viliage, Makati City, Philippines。
Land-FX's corporate entity is Land Prime Ltd, and their specific office address is located at 1405, Pearl Centre, Valero St., Salcedo Village, Makati City, Philippines.
The domain name for Land-FX is land-fx.com, with a registration date of October 17, 2012.
Additionally, they have a website at https://www.land-fx.co.uk/ with a domain registration date of July 29, 2015.
Regulatory Authorities:
Land-FX currently lacks effective regulation. While they hold an FCA (Financial Conduct Authority) license in the UK (registration number: 709866), it is a non-retail STP (Straight Through Processing) regulatory license, which falls into an "overseas jurisdiction." Please be aware of the associated risks.
Market Instruments:
Land-FX offers trading in various instruments, including:
- Forex CFDs: Involving the buying and selling of different national currencies, allowing investors to access the forex market through Land-FX.
- Metal CFDs: These are derivatives based on the future price fluctuations of metals like gold and silver, without the need to physically possess the metals.
- Crude Oil CFDs: Crude oil and other commodities are essential drivers of global markets, and they are highly volatile assets. Traders can use these to diversify their portfolios.
- Index CFDs: Indices are used to measure the performance of specific industries or collections of well-known and widely recognized company stocks.
Account Types:
Land-FX offers different types of trading accounts, including Pro, Asian Standard, ECN, and Swap-Free accounts. Swap-Free accounts are suitable for those who need to adhere to Islamic finance principles. ECN accounts offer the lowest spreads, starting from 0.0 pips, but require a relatively high minimum deposit of $1,000. Other account types, except ECN, have no trading commissions.
The Role of Leverage:
Land-FX offers high leverage on its accounts. The maximum leverage is 2000:1, which is a very high leverage ratio, often less common in the forex market. High leverage offers the potential for significant profits, as traders can control positions much larger than their initial capital. However, it also carries a high degree of risk, as potential losses can be magnified. High leverage is not suitable for all traders, especially beginners. It is crucial to choose a leverage ratio that matches your risk tolerance and trading strategy.
How to Register a Land-FX Account?
Users need to register for an account to use Land-FX. Registration involves providing basic information such as name, date of birth, email, and country, followed by receiving a verification code via SMS.
Trading Platforms:
Land-FX's primary trading platform is MT4/MT5. Investors should exercise caution when trading with MT4, understand market risks, and implement appropriate risk management measures to ensure investment safety.
Land-FX primarily uses the MT4 and MT5 trading platforms. These platforms are widely used in the forex market and other financial markets. They are available for Windows, Mac, and mobile devices (iOS and Android).
Deposit and Withdrawal Methods:
The deposit methods for Land-FX accounts offer a diversity of options.
Land-FX provides payment options such as VISA, MasterCard, Neteller, and Skrill, offering fee exemptions for users depositing amounts exceeding the minimum requirement.
Withdrawal methods for Land-FX accounts support bank cards/credit cards, wire transfers, and third-party payments, with a certain processing time required. Land-FX accounts may have withdrawal fees.
Customer Support:
Online:live chat
Contact:+63 7767086
Email:help@land-fx.com,partners@land-fx.com,account@land-fx.com
Land-FX provides customer support through online chat and offers contact via phone at +63 7767086. They also have different email addresses for inquiries, partnerships, and account-related matters. Response times are typically within 24 hours.
Summary
It is crucial to choose a regulated broker that suits your needs when trading forex. Land-FX currently lacks effective regulation. It is essential to exercise caution when using platforms lacking proper regulation to protect your financial security. The broker is currently marked as "Unregulated" on TraderKnows.