Company summary
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OctaFX , LAND-FX Broker Comparison
Do you want to know which is the better broker between OctaFX and LAND-FX ?
In the table below, you can compare the features of OctaFX , LAND-FX side by side to determine the best fit for your needs.
- WikiFX rating
- Basic Information
- Benchmark
- Account
- Relevant information
- Relevant exposure
- WikiFX rating
- Basic Information
- Benchmark
- Account
- Relevant information
- Relevant exposure
2 / 3 brokers in total
WikiFX rating
Score
Regulatory Status
WikiBit Guarantee
WikiFX Survey
Risk Evaluation
WikiFX exposure
Basic Information
Established
Regulatory license
MT4
MT5
Cryptocurrency
Deposit and withdrawal method
Benchmark
Transaction environment rating
Transaction Speed
Transaction speed rating
Average transaction speed
The highest transaction speed
The highest speed of opening positions
The highest speed of closing position
Slowest transaction speed
The lowest speed of opening positions
The lowest speed of closing position
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
- Average transaction cost
- (EURUSD)
- Average transaction cost
- (XAUUSD)
Rollover Cost
Rollover cost rating
- Average transaction cost
- (EURUSD)
- Average transaction cost
- (XAUUSD)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time
Account
Accounts
Account name
Products
Funding Requirement
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum position
Cryptocurrency
Lock postition
Scalping
EA trading
5.89
Regulated
Under guarantee
--
2-5 years
CYSEC
Skrill,MASTER,VISA
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4.73
Exceeded
Under guarantee
5-10 years
FCA
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OctaFX 、 LAND-FX BrokersRelevant information
OctaFX 、 LAND-FX BrokersRelevant exposure
Which broker is more reliable?
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 octafx, land-fx 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:
Forex broker introduction
octafx
Basic Information & Regulators of OctaFX
OctaFX is regulated under Octa Markets limited in St. Vincent and the Grenadines (SVG) and Octa Markets Cyprus Limited in Cyprus.
European clients will choose the broker’s EU entity, whereas international clients are served from OctaFX’s entity in Saint Vincent and The Grenadines (SVG). In Cyprus, it is duly recognized and licensed by the Cyprus Securities and Exchange Commission (CySEC) with license number 372/18 and registration number HE359992.
Offering of Investments
The amount of instruments has increased:
Tradeable Symbols (Total). WAS—80. NOW—230 including:
CFDs on stocks: 150 (NEW) Reference
Forex Pairs (Total): 35
Gold and silver
3 energies
10 indices
30 cryptocurrencies
Here is a list of important financial assets available at OctaFX.
Forex: EURUSD, GBPUSD, GBPJPY, USDJPY, USDCHF, AUD/USD.
Stock Indices: AUS200, UK100, FRA40, JPN 225,GER30, ESP35, EUSTX50, US30,NAS100,SPX500
Cryptocurrencies: Bitcoin, Bitcoin Cash, Binance, Ethereum, Ethereum Classic, Polkadot, Litecoin, Solana, Dogecoin.
Metals/Commodities: Gold XAGUSD, Silver XAUUSD
CFDs on stocks: Apple, Google, Amazon, Tesla, Wallmart, Nvidia etc.
Energy: XBRUSD, XTIUSD, XNGUSD
Commissions and Fees
We now offer OctaFX MT4 and OctaFX MT5 (which used to be MT4 Micro и MT5 Pro).
We no longer offer cTrader.
Spreads are now equal on OctaFX MT4 and OctaFX MT5.Typical spread on EUR/USD is 0.7 pips on both types.
OctaFX MT5 has 230 instruments. OctaFX MT4 has 74 instruments.
Average Spread EUR/USD - 0.7 pips
All accounts on OctaFX are swap-free—we don’t charge an overnight fee from traders.
land-fx
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
Market Instruments
Land-FX offers investors a range of financial trading instruments, including Forex currency pairs, commodities, indices, oil & gas.
Minimum Deposit
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.
Land-FX Leverage
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.
Trading Platforms
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
Are the transaction costs and expenses of octafx, land-fx lower?
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 octafx and land-fx are, we first considered common fees for standard accounts. On octafx, the average spread for the EUR/USD currency pair is -- pips, while on land-fx the spread is --.
Which broker between octafx, land-fx is safer?
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.
octafx is regulated by CYSEC. land-fx is regulated by FCA.
Which broker between octafx, land-fx provides better trading platform?
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.
octafx provides trading platform including -- and trading variety including --. land-fx provides trading platform including -- and trading variety including --.