Land Prime Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.land-fx.com/open_account/live_account#utm_source=google&utm_medium=button&utm_campaign=open+account_wikifx, the company's legitimate regulatory information United KingdomFCAInstitution Forex License (STP), to enhance the security of the company's address Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines.
Land Prime Forex Broker
Basic information
United Kingdom
5-10 years Regulated in United Kingdom Institution Forex License (STP) MT4 Full License MT5 Full License High potential riskCompany profile
Land Prime Information
Land Prime is a FCA-licensed forex broker specializing in helping investors build investment portfolios. Land Prime provides investors with multiple markets including Forex and CFDs. Traders can access the popular MT4 and MT5 platforms through Land Prime. The broker also provides up to 2000x leverage, demo accounts, and 24/5 customer support.
Pros and Cons
| Pros | Cons |
| Leverage up to 1:2000 | No 24-hour support |
| Demo account available | Some negative voices: unable to withdrawal |
| Regulated(FCA) | No swap information |
| MT4/MT5 available | Email contact only |
| Spreads from 0 pips | |
| 24/5 customer support |
Is Land Prime Legit?
FCA regulates Land Primeunder license No.709866 and license Type Institution Forex License (STP), making it safer than unregulated brokers.
What Can I Trade on Land Prime?
Traders can choose different investment directions because the broker provides traders with access to Forex, CFDs on Metals(Gold and Silver), Oil(Brent and Crude), and Indices(German30, Stoxx50, CAC40, FTSE100, WallStreet30, US Tech 100 and SPX500), as well as Stock CFDs.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Stock CFDs | ✔ |
Account Type
Land Prime offers a standard account for normal traders and an ECN account for professional traders. Traders who prefer low spread can choose an ECN account, while those with a small budget can open a Standard account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.
| Account Type | Standard | ECN | Copy Trading |
| Minimum Deposit | $10 | $1000 | $10 |
| Product | Forex, CFDs, Metals (Gold, Silver), Oil, Futures | Forex, Metals (Gold, Silver) | Forex, CFDs, Metals (Gold, Silver), Oil, Futures |
| Trading Platform | MetaTrader4(Available for Window,Mac,Android,iPhone,Tablet,iPad) | ||
| Spread | 0.9 pips | 0 pip | 0.9 pips |
| Maximum leverage | 1:2000 | 1:1000 | 500:1 |
| Commission | 0 | 0.3pip/lot | 0 |
| Auto Stop-out | 30% (Margin Call level:50%) | ||
Land Prime Fees
The spread is from 0 pipsand the commission starts from 0. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:2000 meaning that profits and losses are magnified as well as gains.
Trading Platform
Traders can choose PC, Web, Mobile, or Table devices to access MT4 and MT5 trading platforms through Land Prime, while MT4 is more suitable for junior traders, and experienced traders can choose MT5 to trade.
Copy trading is also available, a way for inexperienced traders or followers who dont have the time to do extensive research or want to diversify their portfolio to copy the trades of experienced traders (also known as money managers or copy trading gurus).
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | PC, Web, Mobile, Tablet | Junior traders |
| MT5 | ✔ | PC, Web, Mobile, Tablet | Experienced traders |
Deposit and Withdrawal
The minimum amount to open an account is $300 and the minimum deposit for a standard account is $10. Land Prime accepts credit/debit cards(VISA、MasterCard), Neteller, Skrill, and more options for deposits and withdrawals. Any deposit fees will be waived for deposits over $100.
Credit Card (Visa & Mastercard) withdrawals, which are processed within 4 to 7 working days differ from Bank Wire withdrawals that usually take 2 to 5 working days to reach client accounts.
| Methods | Deposit Fees | Withdrawal Fees |
| WIRE BANK | No Fees | No fee(Beneficiary bank fee applies) |
| VISA | No Fees | No fee |
| STICPAY | No Fees | 0.3USD +2.5% per transaction applies |
| NETELLER | No Fees | 2% (min1usd, max 30usd) per transaction applies |
| Skrill | No Fees | 1% per transaction applies |
| Fasapay | No Fees | No fee |
Rating Index
Swap Free
Standard
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Latest Reviews
Arjun G
Italy
Finally, I found a broker with transparent fees. No hidden charges or surprises, a major plus! Sure, there might be cheaper brokers out there, but you get what you pay for. With them, I know my money is safe and my trades are smooth.
Positive
2024-07-11
dhwqj
United States
What makes the difference is their flawless execution. All the orders are executed in milliseconds. Moreover, the cost of trading is pretty low. The commission of $3.5 per lot per side for a raw spread account type is one of the lowest I have found out there.
Positive
2024-06-14
Badder dex
Pakistan
Access to funds is instant, which is great, but the payment methods are limited. Wish they accepted more cryptocurrencies.
Neutral
2024-08-01