I live in Thailand since 2016. I trade using the accounts of several Forex Brokers. I try to provide simple information based on my actual experience. For others, see [Profile].
LAND-FX

LAND-FX | Forex Broker Review

Founded in 2013, LAND-FX is a popular broker because of its overwhelmingly low commissions, which keeps other companies away.

Not only that, but due to the speed of executions and a lot of minor currencies handled, the number of traders using TITAN-FX are increasing especially who prefer scalping trading.

Official Site

Overview

CompanyLandFX UK Limited
Established2013
Regulated byFCA (United Kingdom), FSCS (United Kingdom), 
FSA (Saint Vincent and the Grenadines)
Max Leverage1:500
Spreads *STP/Avg.0.8pips/EURUSD, 0.8pips/USDJPY
Commission *ECN$7/lot
ProductsForex:67, Index:11, Metal:8, Energy:3
Account Types2 Types (Live, ECN)
Bonuses2 Types (Deposit, Recovery)
Negative Balance
Protection
Yes
Stop Out30%
Deposit & Withdrawal FeesDeposit:None, Withdraw:Yes
SupportPhone, E-Mail, Chat
PlatformMT4, MT5

Is LAND-FX a Reliable Broker? Or Scam?

In conclusion, LAND-FX is reliable broker.

LAND-FX Licenses

LAND-FX has the following licenses.

  • FCA (United Kingdom)
  • FSCS (United Kingdom)
  • FSA (Saint Vincent and the Grenadines)

LAND-FX has multiple licenses depending on the region where the service is provided.

In particular, the FCA in the UK seems to be famous for the particularly strict examination of acquisition and renewal, and HotForex who has acquired this seems to be quite reliable even if you look at only this.

LAND-FX Asset Conservation

Is there any measure to protect customer assets?

What happens to our assets (margin and profits deposited) if the forex broker goes bankrupt?

It should be decided that the forex broker who can guarantee customer assets as much as possible is more reliable.

It is the asset conservation system to evaluate it.

There are two main types of asset conservation systems.

  • Conservation Trust
  • Segregation of Funds

Conservation Trust is more reliable.

Conservation Trust means depositing all the customer assets to a third institution such as a bank. Forex brokers cannot withdraw funds without permission unless the customer instructs them to withdraw. Even if the forex broker goes bankrupt, the customer’s assets (balance at that time) are protected and guaranteed.

Segregation of Funds is to manage the operating costs of the forex broker and the assets under custody from the customer in separate accounts. Unlike Conservation Trust, the management is done by the forex broker itself, so even if the forex broker goes bankrupt, the customer’s assets are may not fully guaranteed.

How does LAND-FX manage customer assets?

LAND-FX manages customer assets by Segregation of Funds.

Since it is not a Conservation Trust, its reliability will decrease.
It can be said that this also meets the minimum requirements.

LAND-FX has been in business since its establishment, and it can be said that it is not a scammer, but if you are worried, please choose another broker.

LAND-FX Advantage and Disadvantage

  • Very narrow spreads!!
  • Many products, especially minor pairs
  • High leverage up to 1:500
  • Customer assets are segregated
  • Negative balance protection system
  • Withdrawal fee is applicable
  • Need to apply for negative balance protection

LAND-FX is Recommended for Such Traders!

Recommended for Such Traders!
  • Want narrow spreads anyway!
  • Want to start with small capital
  • Need negative balance protection

LAND-FX Products

LAND-FX offers 89 products.

The number of products handled by LAND-FX is rather small.

Although the number of currency pairs is relatively large, LAND-FX does not handle commodity futures or cryptos. It is a very average level of products.

LAND-FX has very low commissions, so I think it is a good broker that can be used for a long time for those who mainly trade major currency pairs.

  • Currency : 67
  • Index : 11
  • Energy : 3
  • Metal : 8
  • Total : 89

Please refer to another article for a detailed explanation of the products handled by LAND-FX and the terms and conditions of the transaction.

LAND-FX All Products and Trading Conditions | Forex and CFDsLAND-FX All Products and Trading Conditions for Beginners. Forex, Index, Energy, metal, Commodity, Stocks, Crypto, Bond, ETF....

Can Cryptocurrencies be Traded in LAND-FX?

Recently, trading of cryptocurrencies such as Bitcoin, Ripple, Ethereum and other Altcoin has become popular again.

It is very popular with short-term traders due to its large price fluctuations.

Bitcoin has also risen steadily, finally surpassing $ 20,000 in late 2020. There are also long-term traders.

Can cryptocurrencies be traded in LAND-FX?

Unfortunately, LAND-FX does not allow you to trade cryptocurrencies.

LAND-FX offers quite good trading conditions, so I hope LAND-FX will offer cryptos in the near future.


The forex brokers that allow to trade cryptos are summarized in a separate article, “Best Forex Broker for Crypto Trading“.

I also introduce trading conditions and recommended brokers, so please take a look.

Best Forex Brokers for Crypto TradingIt has been more than 10 years since the birth of cryptocurrencies, but the value of cryptocurrencies will not increase tens to hundreds of times as it used to. On the other hand, cryptocurrencies are very attractive for short-term trading like Forex....

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.
Because ECN account type allows you only to trade currency pairs and metals.
With Standard account type, you can trade all of instruments.

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!“.

StandardECN
MethodSTPECN
PlatformMT4, MT5MT4, MT5
Base currencyUSD,EUR,JPYUSD, JPY
Contract size1 lot = 100,0001 lot = 100,000
Min trade volume0.01 lot0.1 lot
Max leverage1:5001:200
Margin call50%50%
Stop out30%30%
NBP
Min spread0.7pips~0.0pips~
Commission feeXRound $7/lot
Lot restriction per ticket50 lots50 lots
Max orders100 lots100 lots
Non-deposit bonus
Deposit bonusX
Min deposit$300$2000
EA
Scalping
Stop level1.2pips(EURUSD)1.2pips(EURUSD)
ProductsStandardECN
Currency pairs
Metal
EnergyX
Stoc indexX

Regarding opening an account, please refer to the separate article “How to open LAND-FX account“, which explains the procedure for opening an account using images.

LAND-FX All Account Types | Standard account is recommended!LAND-FX offers 2 account types. With comparing all account types, I will recommend the best account for you....
LAND-FX | How to Open an AccountPerfect explanation of how to open an trading account. What is the steps? What kind of document is needed for PLE and POA? You can know all and open an account within 3 minutes!...

\Just 3 minutes!!/
Open an Account

>>Read More About LAND-FX Account Types

LAND-FX offers very narrow spreads!

The spread of LAND-FX is very narrow.
You can trade at a very low cost.

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.

Standard Account

SymbolSpreads (pips)
AUD/CAD3.1
AUD/CHF2
AUD/JPY1.8
AUD/NZD2.1
AUD/USD1.3
CAD/CHF2.4
CAD/JPY1.8
CHF/JPY2.6
EUR/AUD1.9
EUR/CAD3.1
EUR/CHF1
EUR/CZK1446.4
EUR/DKK16.8
EUR/GBP1.8
EUR/HKD15.2
EUR/HUF20169.4
EUR/JPY1.3
EUR/MXN97.4
EUR/NOK58.4
EUR/NZD2.3
EUR/PLN28.4
EUR/RUB746.4
EUR/SEK42.4
EUR/SGD5.1
EUR/TRY266.1
EUR/USD0.8
EUR/ZAR361.6
GBP/AUD2.3
GBP/CAD3.4
GBP/CHF2.8
GBP/CZK-0.6
GBP/DKK52.6
GBP/HKD27.7
GBP/HUF-0.6
GBP/JPY1.5
GBP/MXN113.8
GBP/NOK57.9
GBP/NZD3.4
GBP/PLN269.1
GBP/SEK51.6
GBP/SGD5.9
GBP/TRY313.8
GBP/USD1.4
GBP/ZAR443.3
NOK/SEK84.4
NZD/CAD6.2
NZD/CHF2.1
NZD/JPY2.1
NZD/SGD9
NZD/USD1.8
USD/CAD1.6
USD/CHF1
USD/CNH18.4
USD/CZK1140.4
USD/DKK23
USD/HKD3.9
USD/HUF16659.4
USD/ILS-0.6
USD/JPY1
USD/MXN74
USD/NOK117.7
USD/PLN176.1
USD/RUB483.4
USD/SEK95.4
USD/SGD2.7
USD/TRY46.6
USD/ZAR130.8

ECN Account

SymbolSpreads (pips)
AUD/CAD1.2
AUD/CHF0.5
AUD/JPY0.3
AUD/NZD0.5
AUD/USD0.3
CAD/CHF1.1
CAD/JPY0.7
CHF/JPY0.8
EUR/AUD0.6
EUR/CAD2.2
EUR/CHF0.6
EUR/GBP0.2
EUR/JPY0.3
EUR/NZD0.9
EUR/USD0.3
GBP/AUD0.9
GBP/CAD4
GBP/CHF1.1
GBP/JPY0.7
GBP/USD0.5
NZD/JPY0.7
NZD/USD0.3
USD/CAD0.7
USD/CHF0.5
USD/JPY0.2

Metal Spreads

Standard Account

SymbolSpreads (pips)
XAGUSD3.5
XAUUSD8

Energy Spreads

Standard Account

SymbolSpreads (pips)
BRENT4
CRUDE4
NGAS14

LAND-FX Allows up to 5 Multiple Accounts

You can open multiple accounts up to 5 in LAND-FX.

Creating an additional account enables more risk-reduced and efficient operation.

With additional accounts, you are free to choose not only the account type, but also the account currency, leverage, trading platform, etc., just as you would when you first created an account.

By changing the account type or the conditions such as leverage, you can separate the currency pairs and products to be traded for each account, trade with different leverage, separate the discretionary trading and EA (automatic trading) trading accounts, it will be easier to manage.

If you cannot decide account type for the first account, let’ select Standard account.

If you want to try another account type, you can add an account and select it.

Also you can easily transfer funds to additional accounts from the website.

Please also refer to the separate article “How to Open LAND-FX Additional Account“, such as how to open an additional account and how to operate using multiple accounts to reduce risk.

How to Open LAND-FX Additional Account | How to Reduce RisksYou can create up to 5 accounts in LAND-FX. By utilizing multiple accounts, you can trade with less risk. Opening an account is completed in 1 minute. I will explain not only the procedure for opening an account, but also the procedure for transferring funds....

\Just 1 minutes!!/
Open an Additional Account

LAND-FX Bonus Programs

Two types of bonuses are always offered.

LAND-FX Deposit Bonus

Applies only to Live account.

Over $300 deposit can get 10% bonus.

Please be noted, need to apply by email to get bonus .

This is a one-time application.

Bonus is up to $3,000. If you get maximum bonus, you need to deposit $30,000 in one time.

Also, it requires a certain amount of trading, and up to $ 3000 bonus requires 600 lots of trading. This is pretty hard.

The bonus rate is 10%, which is lower than that of other brokers, and it is not very convenient to use because it requires application, only once, and the conditions for transaction volume must be cleared.


For more information, please refer to separated article, “LAND-FX Bonus Program Review“.

landfx-deposit-bonus
LAND-FX Bonus Program Review | How to get bonus?This is an explanation of the LAND-FX bonus program. You can learn how to utilize these bonus programs to reduce trading risks and costs....

LAND-FX Recovery Bonus

Applies only to Live account.

When a stop out occurs, 5% of the initial deposit amount will be cashed back. Not of loss.
This also requires certain conditions and an application is required.

For more information, please refer to separated article, “LAND-FX Bonus Program Review“.

landfx-recovery-bonus
LAND-FX Bonus Program Review | How to get bonus?This is an explanation of the LAND-FX bonus program. You can learn how to utilize these bonus programs to reduce trading risks and costs....

LAND-FX Deposit / Withdrawal Methods

Credit cards, STICKPAY, NETELLER, Skrill, and bank transfers.
It depends on your location. Please check it out on official website.

Deposit

landfx-deposit
landfx-deposit

Withdrawal

landfx-withdrawal
landfx-withdrawal

LAND-FX Deposit & Withdrawal Fees

All deposits are free.
Withdrawals have different conditions.
Conditions may vary depending on your location. Please check the official website for details.

landfx-deposit-withdrawal-fee

>>Check Deposit/Withdrawal Methods and Conditions


Please refer to the separate article “LAND-FX Deposit Methods | Fees and Conditions” for details on how to deposit LAND-FX.

LAND-FX Deposit Methods | Fees and ConditionsHow to deposit into LAND-FX account?  Funding methods, fees and conditions....

LAND-FX Customer Support

LAND-FX has support systems around the world and can communicate in any language.

LAND-FX also offers real-time communication via live chat.

Customer SupportSupported or not
Live Chat
e-Mail
Inquiry Form

For more information about LAND-FX support, please refer to the separate article “LAND-FX Customer Support | Any Language as You Like!“.

Please refer to it.

LAND-FX Customer Support | Any Language as You Like!This is an article about LAND-FX support. LAND-FX is popular for its narrow spreads. The support system is excellent and very reliable. I will also explain in detail how to contact the various contact points....

Try LAND-FX Demo Account for Free

In order to know the trading environment and usability in LAND-FX, it is effective to open a demo account and do actual trading.

LAND-FX makes it easy to open a demo account.

For details on how to make use of LAND-FX demo account and how to open it, see the separated article “How to utilize LAND-FX demo account“.

If you have not decided to trade with LAND-FX yet, why not try trading with a demo account?

\Open for Free!/
Try Demo Account

How to Utilize LAND-FX Free Demo AccountLAND-FX allows to open demo accounts. Anyone can use it for free. By using the demo account, you can practice trading and check the actual trading conditions....

Summary

LAND-FX is popular because of its overwhelmingly low fees.

But I don’t think it’s worth about bonuses, withdrawal fees.

You can fully utilize it if you pay attention these things.

\Just 3 minutes!!/
Open an Account

Official Site

LAND-FX | How to Open an AccountPerfect explanation of how to open an trading account. What is the steps? What kind of document is needed for PLE and POA? You can know all and open an account within 3 minutes!...

ABOUT ME
KandA
KandA
I live in Thailand since 2016. I trade using the accounts of several Forex Brokers. I try to provide simple information based on my actual experience. For others, see [Profile].