Rating Index
Pros
Reliable trading platforms (MT4 and MT5) suitable for both beginners and experienced traders.
Wide range of trading instruments, including over 60 forex pairs and various CFDs.
Regulated by the FCA, providing a level of trust and security for clients.
Cons
Numerous complaints from clients regarding withdrawal issues and potential mismanagement of funds.
Lack of comprehensive educational resources and 24/7 support for traders.
Allegations of operating with a non-existent regulatory body and claims of being a scam.
LAND-FX broker Accounts
Land-FX Account Types
Land-FX offers three primary account types to cater to different trading needs:
- Standard Account
- Minimum Deposit: $10
- Maximum Leverage: 1:500
- Minimum Trade Volume: 0.01 lot
- Commission: $0
- Spreads: Starting from 0.7 pips
- Products: Forex, CFDs, commodities, metals (gold, silver), oil, futures
- Platform: MT4, MT5
- ECN Account
- Minimum Deposit: $2,000
- Maximum Leverage: 1:200
- Minimum Trade Volume: 0.1 lot
- Commission: $7 per lot (round trip)
- Spreads: Starting from 0 pips
- Products: Forex and spot metals only
- Platform: MT4 only
- Zulutrade Account
- Minimum Deposit: $300
- Maximum Leverage: Unlimited
- Minimum Trade Volume: 0.01 lot
- Commission: $0
- Spreads: Starting from 0.5 pips
- Products: Forex, CFDs, and commodities
- Platform: MT4 only
Visit the Land-FX Website: Navigate to the official Land-FX site and click on the "Open Account" button.
Select Account Type: Choose your preferred account type (Standard, ECN, or Zulutrade) and the trading platform (MT4 or MT5).
Fill in Personal Information: Enter required details including your name, address, phone number, and select your base currency (USD or JPY).
Mobile Verification: Provide your mobile number and complete SMS verification.
Financial Information: Indicate your financial status, including assets, estimated annual income, and employment status.
Document Submission: Upload identity verification documents such as a passport or driver's license and proof of address (like a utility bill).
Agree to Terms: Review and agree to the terms and conditions of the broker.
Account Activation: After document verification, which typically takes 1-2 business days, you will receive an email confirming your account activation.
Make a Deposit: Fund your account using various methods such as bank transfer, credit card, or e-wallets to start trading.
Land-FX Broker Account Opening Process
Opening an account with Land-FX is straightforward and can be completed in a few simple steps:
By following these steps, you can successfully open an account with Land-FX and begin your trading journey.
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