Land-FX is a Forex and CFD Broker that features on its trading platform CFDs on Forex, indices, commodities. LandFX UK Limited is regulated and overseen by the Financial Conduct Authority (FCA) in the United Kingdom. The charged spread is for EUR/USD 1.4 pips*, real trading is possible with a minimum deposit of $300. The Land-FX website is available in 30 languages including English, German, Spanish and Italian.
What do we cover in our Land-FX Review?
|General Risk Warning: 74–89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.|
Basic information about the broker
- Website address: www.land-fx.co.uk
- Leverage: up to 1:200
- Instruments: CFDs – Forex, indices, commodities
- Minimum deposit: $300 (accounts held in GBP, USD, EUR)
- Demo account: Yes, free of charge
- Methods of deposit and withdrawal: Wire Transfer, Skrill, Neteller, Credit and debit cards (Visa/MasterCard)
Land-FX Trading Platform
For FX and CFD trading, Land-FX offers MT4. A popular platform used not only for executing trades but also for analyzing financial markets and automated trading. MT4 can be downloaded to any computer or can be accessed via just a web browser or a mobile application.
As any other CFD broker, Land-FX charges a spread fee. For the most current spread charges, please visit the land-fx.co.uk website. Here is a spread comparison table that contrasts Land-FX spreads with popular industry competitors.
*Spreads recorded on 18.09.2019 at 16:00 GMT for the trader account, spread charges were taken from the website of the broker. **Spreads recorded on 26.09.2019 at 11:26 GMT from the trading platform of the broker.
LandFX UK Limited is authorized and regulated under the Financial Conduct Authority with reference number 709866.
Advantages and disadvantages
Every Broker has its pros and cons, let’s have a look at the ones that elevate & denounce Land-FX.
- Superior execution time
- Decent spreads
- No retail clients accepted
- No CFDs on stock nor cryptocurrencies
To sum up the Land-FX Review
Land-FX adheres to strict regulatory guidelines of the FCA. The broker charges decent spreads on most assets and features a free demo account for practise trading. What is really exciting about Land-FX is their superior trade time execution, which is according to the website of the broker only 0.035 seconds. Unfortunately, the broker does not accept retail clients and when you want to open an account as such trader, you get instantly rejected. That is also the reason why the company can offer high leverage (up to 1:200) while meeting the FCA laws.
Your review can make a difference to other traders, please leave a comment if you have any personal experience with Land-FX.
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