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Landfxs foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://landfxs.com/index, about the company's legal and temporary regulatory information, the company's address Victoria, Australia 22nd floor, 600 Burke street, Melbourne.

Landfxs Forex Broker

Basic Information

Registered Region
Australia
Operating Period
--
Company Name
Land Global Investing Limited
Abbreviation
Landfxs
Company employee
--
Company address
Victoria, Australia 22nd floor, 600 Burke street, Melbourne
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Note: Landfxss official site - https://landfxs.com/index is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Landfxs Review Summary in 4 Points Founded 2-5 years Registered Country/Region Australia Regulation NFA unauthorized Customer Support Address What is Landfxs? Landfxs, with full name Land Global Investing Limited, is an online trading platform based in Australia that offers trading services to individuals interested in the financial markets. However, it is important to note Landfxs currently has an NFA (National Futures Association) unauthorized regulatory status with license no. number 0546422 which raises concerns when trading. In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance. Pros & Cons Pros Cons • None • NFA unauthorized • Website dysfunctional • Limited channels Landfxs doesn't present any noticeable advantages, whereas its disadvantages include unauthorized status by the NFA, a dysfunctional website, and limited customer support channels. Is Landfxs Safe or Scam? When considering the safety of a brokerage like Landfxs or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage: Regulatory sight: It has an NFA (National Futures Association) unauthorized regulatory status with license no. number 0546422, whichindicates that there is no guarantee that it is a safe platform to trade with. Besides, the official website of the broker is inaccessible, indicating that the trading platform may have absconded. These make investing with them risky. User feedback: Read reviews and feedback from other clients to get an understanding of their experiences with the brokerage. Look for reviews on reputable websites and forums. Security measures: So far we cannot find any security measures info on Internet for this broker. Ultimately, the decision of whether or not to trade with Landfxs is a personal one. You should weigh the risks and benefits carefully before making a decision. Customer Service Landfxs's customer support appears to be quite limited, with only a physical address disclosed for client assistance and query handling. Address: Victoria, Australia 22nd floor, 600 Burke Street, Melbourne, 107Cheapside, London ec2v 6dn. This lack of multiple communication avenues, such as an email, phone line, or live chat service, might hinder prompt and effective customer service. The absence of immediate interaction could lead to slower response times, potentially leaving clients' concerns unresolved for prolonged periods. Conclusion Landfxs, a trading platform based in Australia and catering to a client base that spans across the globe, present a number of disconcerting factors that become apparent upon meticulous evaluation. The foremost distressing aspect is the unauthorized status of Landfxs with the National Futures Association (NFA). The absence of such critical financial regulation certification raises a significant amount of uncertainty, as clients may not have the protective hedge that typically comes with regulatory compliance. Moreover, the manifestation of operational concerns like a non-functional website and the noted absence of an extensive customer service network exposes a seeming disregard for professionalism and an attention to detail. Therefore, due to these issues, potential clients pondering over the idea of choosing Landfxs as their trading platform must adhere to an attitude of extraordinary caution. A strong recommendation would be to explore and consider other broker alternatives, preferably those maintaining clear regulatory statuses and demonstrating a commitment to the principles of security and accountability. Frequently Asked Questions (FAQs) Q 1: Is Landfxs regulated? A 1: No. It has been verified that this broker is currently under NFA unauthorized condition. Q 2: Is Landfxs a good broker for beginners? A 2: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of the lack of transparency and limited customer support channels. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Rating Index

  

Landfxs Forex Broker - Complete Information Guide

  

1. Broker Overview

  Landfxs, officially known as Land Global Investing Limited, was established between 2 to 5 years ago. The company is headquartered in Australia, with additional offices in various regions including London. As a private entity, Landfxs provides trading services primarily to retail clients interested in the forex and CFD markets.

  Since its inception, Landfxs has aimed to offer a trading platform that caters to both novice and experienced traders. The broker has made significant strides in the industry, focusing on creating a user-friendly trading environment and providing a diverse range of trading instruments. The company's business model is centered around retail forex trading, with aspirations to expand its offerings to institutional clients in the future.

  Landfxs broker has positioned itself as a competitive player in the forex market, emphasizing technological innovation and customer-centric services. However, the lack of clear regulatory oversight raises concerns among potential clients, making it crucial for traders to conduct thorough research before engaging with the broker.

  

2. Regulation and Compliance Information

  Landfxs operates under the regulatory framework of the National Futures Association (NFA), but currently holds an unauthorized status with license number 0546422. This regulatory ambiguity raises significant concerns regarding the safety and security of client funds. The broker's operations are primarily based in Australia, and it provides services to clients worldwide.

  The absence of robust regulatory oversight means that Landfxs does not participate in investor compensation schemes, which typically protect clients in the event of broker insolvency. Furthermore, the broker implements Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures to ensure the legitimacy of its clients and prevent fraudulent activities.

  Client funds are reportedly kept in segregated accounts, a standard practice that aims to protect traders' investments. However, the lack of a reputable regulatory body overseeing Landfxs can lead to potential risks for traders, as they may not have the same level of protection as with more established brokers.

  

3. Trading Products and Services

  Landfxs offers a variety of trading products, focusing primarily on forex trading. The broker provides access to over 60 currency pairs, including major, minor, and some exotic pairs. In addition to forex, Landfxs also offers Contracts for Difference (CFDs) on commodities, indices, and precious metals, catering to a diverse range of trading preferences.

  While the broker does not currently offer cryptocurrency trading, it is essential for potential clients to stay informed about any updates regarding new product offerings. The introduction of new trading instruments and products is crucial for maintaining competitiveness in the rapidly evolving forex market.

  Landfxs broker primarily focuses on retail trading services, but there are indications that it may expand its offerings to include institutional services in the future. The absence of white-label solutions and asset management services at this time suggests a more retail-focused approach.

  

4. Trading Platforms and Technology

  Landfxs supports the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are renowned for their user-friendly interfaces and robust trading features. These platforms provide traders with advanced charting tools, technical analysis options, and the ability to implement automated trading strategies through Expert Advisors (EAs).

  In addition to MT4 and MT5, Landfxs offers a proprietary web-based trading platform, though details regarding its features and functionalities remain limited. The broker also provides mobile trading applications for both iOS and Android devices, allowing traders to manage their accounts and execute trades on the go.

  The execution model employed by Landfxs is primarily STP (Straight Through Processing), which enhances order execution speed and transparency. The broker claims to utilize advanced technology and infrastructure to ensure that trades are processed efficiently, with minimal latency.

  API access and support for automated trading are available, enabling traders to implement algorithmic trading strategies. However, the lack of detailed information regarding server locations and technical infrastructure may raise concerns for some traders regarding the reliability of the trading environment.

  

5. Account Types and Trading Conditions

  Landfxs offers several account types to cater to different trading needs, including a standard account and an ECN account. The standard account requires a minimum deposit of $300, while the ECN account demands a higher initial deposit of $2,000.

  The trading conditions for the standard account include competitive spreads starting from 1.4 pips, with no commissions charged. In contrast, the ECN account offers tighter spreads starting from 0 pips, but commissions of 0.3 pips per lot apply. Both account types allow for leverage of up to 1:500, providing traders with the ability to control larger positions with less capital.

  Landfxs broker also provides a demo account for traders to practice their strategies without risking real money. This feature is particularly beneficial for novice traders looking to familiarize themselves with the trading platform and market dynamics.

  The broker imposes overnight swap fees for positions held beyond a single trading day, which traders should consider when planning their trading strategies.

  

6. Fund Management

  Landfxs supports various deposit methods, including bank wire transfers, credit cards, and electronic wallets such as Neteller and Skrill. The minimum deposit requirement varies depending on the account type, with the standard account requiring $300 and the ECN account requiring $2,000.

  Deposits are generally processed quickly, with many transactions being completed within a few hours. Importantly, Landfxs does not charge deposit fees, making it more accessible for traders to fund their accounts.

  Withdrawal options include bank wire transfers, credit cards, and electronic wallets. The processing time for withdrawals can take between 1 to 3 business days, depending on the chosen method. While Landfxs does not charge withdrawal fees, third-party payment providers may impose their own fees, which traders should be aware of.

  

7. Customer Support and Educational Resources

  Customer support at Landfxs is available through various channels, including email and phone support. However, the absence of live chat options may limit the immediacy of assistance for traders facing urgent issues. The support team operates during standard business hours, which may not accommodate all time zones.

  Landfxs offers limited educational resources, primarily consisting of market news and analysis tools. While the broker provides some basic information to help traders, the lack of structured educational courses may hinder new traders from fully grasping the complexities of trading.

  Traders seeking in-depth market analysis and research reports may find the offerings at Landfxs lacking compared to other brokers. However, the availability of trading tools such as economic calendars and market news can still aid traders in making informed decisions.

  

8. Regional Coverage and Restrictions

  Landfxs primarily serves clients in Australia and various international markets, with a significant presence in Asia. However, the broker does not accept clients from certain jurisdictions, including the United States, Cuba, Sudan, and North Korea.

  The absence of services in these regions may limit the broker's overall market reach, but it allows Landfxs to focus on providing tailored services to its existing client base. The broker's operational offices in multiple countries enhance its ability to cater to a diverse clientele while ensuring compliance with local regulations.

  In conclusion, while Landfxs broker presents a range of trading products and services, potential clients should carefully consider the regulatory status, customer support options, and educational resources available before deciding to engage with the broker. As the trading landscape continues to evolve, staying informed about the broker's offerings and market positioning will be essential for traders seeking to make the most of their trading experience.

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Latest Reviews

laterage

laterage

Pakistan

As a user of Landfxs, I appreciate the platform's user-friendly interface and the variety of trading instruments it offers. The registration process was straightforward, allowing me to quickly set up my account and start exploring the financial markets. The platform's educational resources and market analysis tools have been helpful for making informed trading decisions. Additionally, the availability of a mobile trading app ensures that I can manage my trades on the go.

37130

2023-12-08

Landfxs Forex Broker has an overall rating of 1.44, Regulatory Index 0.00, License Index 0.00, Business Index 6.48, Software Index 4.00 Risk Control Index 0.00.