Do you want to know which is the better broker between LAND-FX and instaforex ?
In the table below, you can compare the features of LAND-FX , instaforex side by side to determine the best fit for your needs.
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of land-fx, instaforex lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
General Information & Regulation
Land-FX was founded in 2013, is an online broker offer forex and CFD trading services. Land-FX claims that it holds a straight-through license from the FCA in the UK, however, this FCA is suspected to be a clone one. Land-FX does not offer its services to residents of certain jurisdictions such as USA, Cuba, Sudan, Syria and North Korea and listed
Land-FX offers investors a range of financial trading instruments, including Forex currency pairs, commodities, indices, oil & gas.
Land-FX offers traders three different trading accounts: the trader account, the ECN account, and the VIP account. The minimum initial deposit for a trader account is ￡300, the minimum lot size 0.01 lots, and the maximum leverage up to 1:500. The minimum initial deposit for an ECN account is ￡5,000, the minimum lot size is 0.1.
The maximum leverage offered by Land-FX is up to 1:200, when it comes to trading leverage. Since trading leverage can amplify profit as well as losses, inexperienced traders are not advised to use too high trading leverage in case of heavy fund losses.
Spreads & Commissions
The spreads on the Land-FX platform are 1.5 pips for EURUSD and 2.7 pips for EURGBP, 4.3 pips for GBPAUD, as low as 0.1 pips for EURUSD, and 2 pips for spot gold with a commission of 0.3 pips per lot for ECN accounts. The EURUSD spread on the VIP account is 0.9 pips and EURGBP 2.2 pips.
Land-FX provides traders with the most popular trading platform, MT4 (compatible with PC, mobile, and tablet), FIX API, and social trading platforms. MT4 is a market-leading forex trading platform with a user-friendly trading interface, powerful charting tools, a wide range of technical indicators and backtesting environment options, and support for automated trading via EA. It helps traders to create their own trading strategies.
Deposit & Withdrawal
Land-FX supports traders to deposit and withdraw funds from their investment accounts via VISA/MasterCard credit/debit cards, wire transfer, Skrill, Neteller.
Land-FX Pros & Cons
Land-FX Advantages Include:
1. Three trading accounts to choose from
2. Popular deposit and withdrawal methods
Land-FX Disadvantages Include:
1. Spreads not competitive
2. Trading assets not that rich
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive land-fx and instaforex are, we first considered common fees for standard accounts. On land-fx, the average spread for the EUR/USD currency pair is -- pips, while on instaforex the spread is Fixed 2-7.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
land-fx is regulated by FCA. instaforex is regulated by CYSEC.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
land-fx provides trading platform including -- and trading variety including --. instaforex provides trading platform including Standard Trading Accounts,Eurica Trading Accounts,ECN Trading Account,ECN Pro Trading Account,Scalping trading account and trading variety including --.