Land Prime Ltd.
Founded in 2013
Online since 2013
Financial Conduct Authority (UK), New Zealand Financial Markets Authority
Welcome to another all-encompassing broker review from DayFunded, your most reliable source for expert market insights. Today, we delve into the nitty-gritty of Land-FX, a brokerage that's been making grand strides in the forex trading scene since its debut in 2013.
Land-FX has continued to command attention with an admirable average broker rating of 9.2. This is largely credited to its vast array of trader-friendly features, from offering a designated personal manager to its serious commitment to regulation. But does it live up to its reputation? Let's find out.
Land Prime Ltd., the parent company of Land-FX, was founded in 2013 and has been consistently operational online since then. This seven-year run signals consistent reliability, a point confirmed by their unwavering dedication to serious regulation.
Please note that, unfortunately, US traders are not allowed to partake in the Land-FX trading platform.
Land-FX has a rather accessible minimum account size standing at $300. This is approachable for both beginners eager to venture into forex trading and seasoned professionals.
The minimum position size is 0.1 - a range that gives traders the flexibility they need for effective risk management, and to implement more complex trading strategies.
Land-FX holds a shiny array of services catering to traders of all levels. One of the standout features is the opportunity for trading by phone. This service has become increasingly rare among modern brokers but is essential for traders who prefer a more personal touch or are not always in front of a computer.
The platform also provides free education resources; a critical tool for novice traders and a means for professionals to stay updated. The importance of continuing education in the ever-changing world of forex trading can't be overemphasized, and Land-FX has recognised this.
More so, Land-FX customers enjoy the security of segregated accounts. Your funds are separated from the company's funds, offering an extra layer of protection against financial threats.
Competitive traders will be pleased by trading contests hosted by Land-FX, providing opportunities to test strategies against other traders and win prizes. Add to this a designated personal manager and PAMM (Percentage Allocation Money Management), and it's easy to see why Land-FX maintains its high rating.
Please note we couldn't determine the maximum leverage due to an error.
Price-conscious traders will love the low spread that Land-FX offers. Remember, lower spreads mean lower trading costs for you.
Lastly, Land-FX rewards its client base with bonuses, making trading more lucrative and exciting.
Land-FX is an excellent FX broker, as evidenced by its high ratings and positive trader feedback. Its glaring commitment to regulation, coupled with its myriad of user-friendly features such as phone trading, free education, and trading contests, makes it a platform deserving of consideration.
While its restriction of US traders may narrow its reach, it's a powerhouse of a forex trading platform in the numerous regions it serves.
Interested in more brokerage reviews? Keep an eye out on DayFunded for a fountain of expert insights and reviews.