TradelandFX Forex Broker

Tradeland FXReview SummaryFounded2007Registered Country/RegionSouth AfricaRegulationFSCA (Exceeded)Market InstrumentsForex, CFD Shares, CFD Indices, Spot Energies, Spot Metals, and CryptocurrenciesDemo Account✅Islamic Account✅LeverageUp to 1:1000SpreadFrom 1.6 pips (Standard account)Trading PlatformMT4Copy Trading✅Min Deposit$10Customer Support24/7 live chatTel: +173283526Email: support@tradelandfx.comSocial media: Facebook, Instagram, Twitter, TikTok, LinkedinAddress: 107 NOMBHELA DR EXT 5 PONONG VOSLOORUS ZA 1475 Tradeland FX was registered in 2007 in South Africa, specializing in the forex, CFD, share, indice, energy, metal, and crypto markets. It uses MT4 as its trading platform, with a minimum deposit of $10 and a maximum leverage of 1:1000. However, its license is currently exceeded, and potential risks may exist.Pros and ConsPros Cons Long operation timeExceeded FSCA licenseDiverse tradable assetsNo physical officeIslamic accounts and demo accountsCent accounts offeredMultiple account typesFlexible leverage ratiosCommission-free accounts offeredMT4 providedCopy trading providedLow minimum depositPopular payment optionsNo deposit and withdrawal commission24/7 live chat supportIs Tradeland FX Legit? Tradeland FX was regulated by the Financial Sector Conduct Authority (FSCA) in South Africa, but the license was exceeded. Moreover, its current status shows that activities such as client transferring and updating are prohibited. Therefore, please note the potential risks and consider carefully before investing.Regulated AuthorityCurrent StatusRegulated CountryLicense TypeLicense No.Financial Sector Conduct Authority (FSCA)ExceededSouth AfricaFinancial Service Corporate51303WikiFX Field Survey WikiFX field survey team visited Tradeland FX's regulatory address in South Africa, but we didn't find its physical office.What Can I Trade on Tradeland FX? Tradeland FX offers a variety of products, including forex, CFD shares, CFD indices, spot energies, spot metals, and cryptocurrencies.Tradable Instruments Supported Forex✔CFD Shares✔Cryptocurrencies✔CFD Indices✔Spot Energies✔Spot Metals✔Bonds❌Options❌ETFs❌Account Type/Fees Tradeland FX provides 6 types of accounts, including Cent (Nano), Standard, ECN, ECN Pro, ECN VIP, and Pro VIP. Besides, Islamic accounts and demo accounts are also available.Account TypeMin DepositMax LeverageSpreadCommissionCent (Nano)$101:1000From 1.6 pips/Standard $1001:500ECN$500From 1.2 pipsECN Pro$1,0001:200/From $4 to $6ECN VIP$5,000From 0.2 pips$4Pro VIP$20,000❌IslamicLeverage For the 6 types of accounts mentioned above, the maximum leverage can be 1:1000. For different types of products, the leverage is flexible, ranging from 1:1 to 1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.Trading Platform Tradeland FX uses MT4 as its trading platform, a versatile and widely recognized trading solution introduced by MetaQuotes in 2005. While primarily associated with forex trading, MT4 also extends its capabilities to various markets, including cryptocurrencies, indices, and commodities, through Contracts for Difference (CFDs). This platform's popularity stems from its exceptional customization options, allowing traders to tailor it to their unique trading preferences.Trading PlatformSupported Available Devices Suitable forMT4✔PC, web, mobileBeginnersMT5❌/Experienced tradersCopy Trading Tradeland FX provides copy trading services. On its platform, customers can find some insights from top traders' experiences and their trading activities.Deposit and Withdrawal Tradeland FX supports different types of payment options, and it does not charge any deposit/withdrawal fees.Payment Options Accepted Currencies Fees Processing Time MastercardUSD, IDR❌InstantVISAPaytrust88Perfect MoneySkrillNeteller