Land FX is a London-based international broker with many offices that provide trade services to residents of the United Kingdom and the European Economic Community. Saint Vincent and the Grenadines is where the corporation is registered. Land FX offers a diverse range of trading options, featuring 67 forex pairings and twenty CFDs on commodities, gas, and stock indexes. Cryptocurrencies and commodities are the only significant items absent from their list.
Clients have access to a variety of trading platforms offered by the firm. MT4 is a data-rich software with an intuitive interface and intelligent systems designed specifically for Forex trading. MT5 is a more sophisticated platform designed and optimized for trading CFDs, stocks, and Forex. MT5 offers 21 different timeframes, two different types of current requests, eight extra technical signals, 44 chart analysis techniques, and more industry depth. MT5 also refers to a multi-method development mechanism and more sophisticated electronic trading features. Both MT4 and MT5 are mobile-friendly and may be downloaded on Android and iOS. All profile functions offered on windows operating systems are fully integrated into mobile devices.
For global customers, Land FX offers three account types, and for UK and EU clients, three. Each is given two options: one that follows the dealing broker model and one that follows the ECN model, both with distinct conditions.
The company also offers a fully functional demo account that includes a comprehensive variety of tradable assets, quick execution, and a variety of leverage rates. Customers all around the world are able to practice both on MT4 and MT5 platforms, but UK and EU customers can only use the MT5 platform. Simulated cash worth up to $100,000 could be used to experiment with trading techniques, graphic formats, and analytical tools.
The broker makes the majority of its money from the spread, with ECN customers charging 3.5 pips per transaction for global clients and 3 pips for UK and EU traders. ECN accounts have the most competitive spreads, with standard prices of 0.8, 0.3, and 0.9 pips for EUR/GBP, EUR/USD, and GBP/USD, respectively.
For holding a trade open overnight, Land FX imposes a swap fee, which varies depending on the product and liquidity.
For investing and discharging funds, Land-FX offers a variety of payment alternatives. Payments are completely free and can be made using a Visa or Mastercard, money transfers, or Neteller. STICPAY is another option for international traders, whereas Skrill is available for UK and EU consumers. Clients in the United Kingdom and the European Union can deposit as little as $1,000 with Neteller and Skrill. Most payment options take 1-2 hours to execute, except bank transfers that can take up to 2 days. Payouts should be done in the same way as deposits, however, they will run slower.
On its homepage, the firm gives a financial calendar that displays dates, prior achievements, and volatility ratings. In the “Marketing Research” area of the worldwide broker’s website, frequently updated industry analysis and statistical reports are released.
The FIX API connects traders straight with liquidity providers, reducing latency and processing time and eliminating maximum slippage. Clients in the United Kingdom and the European Union can apply for the FIX API to gain more visibility, speed, and flexibility.
For its global clientele, the business has also created a Percent Assignment Management Module (PAMM) system, which allows traders to construct or deposit in federal money. The website provides simple analysis and visualization tools, marketplace data, and earnings reports without the need to register or install anything.