LAND-FX accounts comparison and the guidelines of account opening selection

Delve into LAND-FX accounts

Account Types

STANDARD Account

Description

  • Minimum deposit: 300 USD
  • Maximum leverage: 500:1
  • Minimum lot: 0.01
  • Auto Stop out: 30% (Margin Call Level=50%)
  • No Commission
  • Maximum number of open positions: 100 lots
  • Trading products: Forex, CFDs, Commodities, Metals (Gold, Silver), Oil, Futures

Advantages

  • Fast server (No-delay). TP and SL can be set up quickly. 
  • Opening and closing orders are quite fast. It can close 5 orders at the same time without delay. 
  • Spread of major currency pairs: 8-18 on the average of 12

Recommended account

Standard account of Land-Fx is the 5th ranking Forex broker account. With the Lowest Trading cost (Spread+ Commission+ Swap) among 17 brokers and all 43 accounts. (Click)

ECN account

Description

  • Minimum deposit: 2000 USD
  • Maximum leverage: 200:1
  • Minimum Lot: 0.01
  • Auto Stop-out: 30% (Margin Call Level=50%)
  • Commission (depends on the currency pair)
  • Maximum number of open positions: 100 lots
  • Trading products: Forex, Metals (Gold, Silver)

Advantage

  • Fast server (No-delay). TP and SL can be set up quickly. 

Disadvantages

  • High minimum deposit
  • Spread is similar to a Standard account.
  • There are a few of products to trade. 
  • Standard account is better.

ECN account of Land-Fx is the 5th ranking Forex broker account. With the Lowest Trading cost (Spread+ Commission+ Swap) among 17 brokers and all 43 accounts. (Click)

Summary of LAND-FX

Standard account is recommended because the Spread is close to that of an ECN account, yet LAND-FX has a lower minimum deposit compared to that of a Standard account and has more products to trade.

Reference

Writer : Yoda Yoshida

  • Position : Editor
  • Biography : Former waiter to professional traders
  • Experience : 20 years in the Forex industry
  • Goal : To select the best broker for traders.
  • Short greetings : Some things take time to grow.
  • Full biography of the writer, Click >

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