Land-FX is an FX company established in 2013. It is a global company with sales offices in the United Kingdom, China, the Philippines, Russia, Singapore, Indonesia, Malaysia, Egypt, etc. We have obtained a financial license from the FCA (Financial Conduct Authority), which has become a model for the Financial Services Agency of Japan, and are operated under strict regulations. You can trade with leverage up to 500 times, and you can also make big trades. It is a recommended Forex trader whose registered users are increasing in recent years.
Land-FX is an FX brand operated by Land Prime Ltd. The FX trading service will be available in 2013 and is an emerging Forex company.
|Company Name||Land Prime Ltd|
|Headquarters location||Plaza Level,4 1 Shortland Street, Auckland,1010 New Zealand|
|Business start date||2013|
|number of employees||Unpublished|
A financial license is issued by the financial authorities of the country and is a permit for conducting a financial business. Without this, you cannot carry out business activities. The countries with strict examination standards in the world are said to be the United Kingdom and Cyprus. The UK Financial Conduct Authority (FCA) has very strict not only license acquisition but also maintenance standards, such as having to compensate up to £ 85,000 per person in the event of a Forex trader’s bankruptcy. The Cyprus Securities and Exchange Commission (CySec) is said to be the second highest screening country after the United Kingdom. So is Land-FX licensed? In other words, the UK corporation has acquired the UK Financial Conduct Monitoring Organization (FCA).
|Company Name||Acquisition license|
|Land Prime Ltd||St. Vincent and the Granadeen Financial Services Agency (FSA)|
|LandFX UK Ltd||UK Financial Conduct Authority (FCA)|
Land-FX can support you by phone, email and chat. Since it supports everything, users can get support very comfortably. As a result of inquiries, the staff can handle various languages such as English, Japanese, Indonesia, Bangladesh, Spain, Italy, India and the Philippines.
|phone||Japanese and Chinese are available from 10:00 to 18:00 Japan time. 24 hours a weekday for English|
|Japanese and Chinese are available from 10:00 to 18:00 Japan time. 24 hours a weekday for English|
|chat||Japanese and Chinese are available from 10:00 to 18:00 Japan time. 24 hours a weekday for English|
It supports the following languages and is more fulfilling than other companies such as Gem Forex. You can trade with confidence no matter where you are in the world.
Land-FX makes the following compensation. If you are interested, please contact them.
|Compensation for transaction loss||If the transaction fails due to a server down during the transaction and a loss occurs, it will be compensated.|
|Transfer loss compensation||You can move to an overseas Forex trader with better conditions without any unrealized loss when switching to a Forex trader.|
|Stop-loss loss compensation||The zero cut system is adopted.|
There are the following methods for withdrawing Land-FX.
|Withdrawal method||Commission||Minimum withdrawal amount||Account reflection days|
|Credit card||Free||Free||Process in 1-2 business days|
|Bank remittance||45USD||Free||Process in 1-2 business days|
|STICPAY||0.3USD+2.5％||Free||Process in 1-2 business days|
There are the following methods for depositing Land-FX.
|type||Commission||Minimum deposit||Deposit speed|
|Credit / debit card||Free||10000JPY/100USD||Within one hour|
|Bank remittance||Free||50000/500USD||Domestic: Within 1 hour|
Cross-country: 1-2 business days
|Bitcoin||Free||10000JPY/100USD||Within one hour|
Land-FX is divided into several accounts according to each trader’s preference. You can choose your favorite type. The differences are summarized in a table.
|item||LP account||LIVE account||ECN account|
|Spread||0.7 pips〜||0.7 pips〜||0.0 pips〜|
|Minimum transaction unit||0.01||0.01||0.1|
Land-FX supports the following currency pairs. I also listed the average spread.
|Currency pair||Average spread|
Scalping trading is also possible with LAND-FX. If you want to do scalping trades, it is a good rule to use an ECN account. The reason is that the spread is narrow. If the timing is right, you may be able to trade at 0.0 pips.
Automatic trading is at your own risk
LAND-FX can also be bought and sold automatically. You can use it, but if there is a one-sided trend, the unrealized loss will be large and all the principal will often fly away. Although it is your responsibility to invest in general, please be aware that EA trades can fail in one trend even if the winning percentage exceeds 90%.
Low risk, low return for beginners
Beginners should not be familiar with Forex yet, so start trading with a small number of lots. If you have one position and one lot, you will not suddenly go bankrupt. Let’s start low risk and low return.
Whether or not withdrawal is refused
It will be the most worrisome place for traders who actually trade. There is no Forex company that refuses to deposit, but I am wondering if I can really withdraw when I can make a profit. Some companies run away at worst, so what about Land-FX? The patterns of withdrawal refusals from past cases are summarized below.
|Double-decker||Both buildings with other companies are prohibited by the agreement. Your account may be frozen.|
|Acts that damage the server||Scalping is not prohibited, but intentional strain on the server may result in account freezes.|
|Bonus withdrawal||The bonus is the amount given to the deposit amount and cannot be withdrawn.|
|Arbitrage||Arbitrage is prohibited. There is a possibility that the account will be frozen.|
|Operates multiple accounts||If the same person operates multiple accounts, fraud is suspected and there is a possibility that the account will be frozen.|
|Scalping with HFT||HFT is a high-frequency trading using a computer. Doing so violates the terms and may freeze your account.|
|Unknown withdrawal account||If the withdrawal account does not exist, the withdrawal process will not be possible.|
Land-FX has the advantage of having good user support such as email and phone. If you are interested, open an account.