Land-FX is a Forex broker established in 2013 and supervised by the Seychelles Financial Services Authority (FSA). It is the official sponsor of the German football club FSV Mainz 05.
Land-FX offers four account types: Standard, ECN, Swap Free, and Asian Standard accounts. Standard and Swap Free accounts offer unlimited leverage with no conditions when the account balance is less than $ 1,000 (USD), and the stop-out level is set at 0%, allowing you to make the most of the funds in your account.
On both Standard and Swap Free accounts, the minimum deposit is $ 10 (USD) and the spread is as small as 0.9pips.
Asian Standard account offers a minimum deposit of $ 50 (USD) and zero trading commission, but the spread is on the large side instead, such as EUR/USD 1.7pips. This account is popular among traders with a maximum leverage of 1:1,000 and a minimum order size of 0.01 lots.
ECN account offers an initial deposit of $ 1,000 (USD) with the 0.3pips trading commission (one way). However, spreads are among the smallest (e.g., EUR/USD 0.0pips) and leverage is also high enough at 1:1,000, though not unlimited.
Swap Free account has the same trading conditions as the Standard's, but you can't trade some forex currency pairs, silver, energy, and indices. Although all trades are swap-free, please note that positions open for one week will be moved to the account with swaps.
It also offers Express account, which allows you to start trading without ID verification. You can start trading immediately with the same trading conditions as the Standard account, although it is only for one month and the maximum deposit is $ 3,000 (USD). If you submit identification documents within one month, you can keep using the account as a Standard account.
* Prime account is discontinued in June 2023. Existing Prime accounts will be switched to Standard accounts.
On the downside, Land-FX does not offer any bonus programs. Also, stop levels are still in place at Land-FX, while many brokers have removed them, so scalpers should beware.
Instead of bonus programs, Land-FX focuses on trading conditions to improve its services. It is gradually attracting the attention of traders as an international Forex broker that offers flexible services tailored to the needs of its clients.
[Asia] Thai, Vietnamese, Korean, Japanese, Hindi, Malaysian, Tagalog, Indonesian, Bengali, Laotian, Cambodian
[Europe and America] German, Greek, Spanish, Italian, Dutch, Finnish, French, Ukrainian, Russian, Norwegian, Danish, Swedish, Romanian
[Middle East・Africa] Jamaican, Turkish, UAE-English
(*1)Matched orders between multiple accounts are prohibited.
[Standard, Swap Free] Unlimited
[ECN, Asian Standard] 1:1,000
[Standard, Swap Free] $ 10 (USD)
[ECN] $ 1,000 (USD)
[Asian Standard] $ 50(USD)
[FX/Currency Pair]: 59
[CFD/Metals]: 2
[CFD/Indices]: 11(*1)
[CFD/Energy]: 3(*2)
[Daylight saving time]: Sunday 9:05 pm - Friday 9:00 pm (Server time)
[Winter time]: Sunday 10:05 pm - Friday 10:00 pm (Server time)
(*1)CFD/Energy cannot be traded with Swap Free and ECN accounts.
(*2)CFD/Indices cannot be traded with Swap Free and ECN accounts.
(*3)The fee is per order (One way).
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