This is an article about LAND-FX spreads.
In conclusion, LAND-FX generally has narrow spreads.
Due to its good trading conditions, LAND-FX is a very popular broker for traders all over the world.
In this article, I will explain the following:
- All spread list of LAND-FX
- The reason why traders choose LAND-FX
- How to narrow the spread as much as possible
What is Spread?
The difference between the selling price (Bid) and the buying price (Ask) is called a spread, and this is the actual commission of the Forex broker.
For details on why spreads widen, why spreads change depending on the broker, symbol, and time of day, etc., please refer to the separate article “Low Spread Forex Brokers“.
LAND-FX Account Types
LANF-FX offers two types of accounts.
STP method Standard account and ECN method ECN account.
I recommend Standard account type.
The transaction fee for ECN accounts is $3.5 per lot ($7 for round trip), which is the cheapest among Forex brokers, but the maximum leverage is as low as 1:200 and there are less products than Standard account that can be traded, so ECN accounts are not so recommended.
Also ECN accounts are not eligible for deposit bonuses.
For more information on LAND-FX account types, please see the separate article “LAND-FX All Account Types | Standard account is recommended!“.
|Platform||MT4, MT5||MT4, MT5|
|Base currency||USD,EUR,JPY||USD, JPY|
|Contract size||1 lot = 100,000||1 lot = 100,000|
|Min trade volume||0.01 lot||0.1 lot|
|Commission fee||X||Round $7/lot|
|Lot restriction per ticket||50 lots||50 lots|
|Max orders||100 lots||100 lots|
All Spread List in LAND-FX
I have compiled a list of spreads for all products posted on the official website in an easy-to-understand manner.
LAND-FX discloses real-time spreads on its official website.
Please note that the list below is based on the timing I got, and may differ depending on the time of day.
Currency Pair Spreads
Currency pair spreads depend on account type.
The reason why traders choose LAND-FX
As mentioned above, LAND-FX has a very narrow spread, but the reason why LAND-FX is selected is not only the narrow spread.
This is because it has the following advantages over other forex brokers.
- Max 1:500 high leverage
- Max $3,000 deposit bonus
- Negative protection system, you never be in debt
- Offers many minor currency pairs
- Both of MT4 and MT5 allowed
- No requote
- Good support, 24/7 chat service
Regards to financial benefits, LAND-FX offers bonus and cashback programs.
By taking full advantage of bonus programs, you can think of the actual spread as narrower.
In the Forex brokers, it is common sense that offers bonus program means spreads are wide, so LAND-FX can be said to be a super-excellent broker that overturns that common sense.
There are many other merits, so I am fully convinced that LAND-FX is very popular in the world.
To trade with the narrowest spread as possible
Spreads should be as narrow as possible.
You can trade with a narrower spread by taking the following measures and precautions.
Do not trade during times when spreads widen
Spreads tend to be narrower when there are many trading participants in the market, that is when liquidity is high.
Also when the important economics news and indicators are accnounced, and when if there are big news in the world, spreads tend to widen as well.
You can prevent spreads from widening strangely by trading at the most normal time of day when trading is active.
Take advantage of bonuses
With LAND-FX, you can get a deposit bonus of up to $3,000 depending on the deposit amount.
The LAND-FX deposit bonus is given 10% of the deposit amount, which means that the spread is also effectively narrowed by 10%.
Even though the spread is already narrow, it will be even narrower.
Please note that the bonus is only given to Standard accounts. Please be careful.
How did you think?
LAND-FX originally has a narrow spread, but since it offers a deposit bonus, the actual spread will be even narrower.
Not only that, there are many other benefits, LAND-FX is very famous overseas, and it can be said that LAND-FX is a very good broker.
If you are still hesitant to use LAND-FX, why not open a real account and get deposit bonus, and trade for the time being, or try a demo account.
＼Just 3 minutes!!／