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Future Land

Hong Kong|2-5 years|
Suspicious Scope of Business|Hong Kong Dealing in futures contracts Revoked|High potential risk|

http://new-web.flrcgl.com/

Website

Rating Index

Influence

Influence

D

Influence index NO.1

Hong Kong 2.34

Surpassed 100.00% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

3912-6666
info@flrcgl.com
http://new-web.flrcgl.com/

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

3912-6666

Other ways of contact

Broker Information

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Company Name

Future Land Resources Capital Group Limited

Abbreviation

Future Land

Platform registered country and region

Hong Kong

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-07-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • China Hong Kong SFC (license number: BBG423) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

Future Land · WikiFX Survey
Danger A Visit to Future Land in Hong Kong -- No Office Found
Hong Kong

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Future Land · Company Summary

Aspect Information
Company Name Future Land
Registered Country/Area Hong Kong
Founded Year 2018
Regulation Revoked (Previously regulated by SFC Hong Kong)
Market Instruments Stocks, Bonds, ETFs, Securities Brokerage
Account Types Standard
Minimum Deposit $100
Maximum Leverage Up to 1:100
Spreads From 0.05%
Trading Platforms Proprietary Trading App
Customer Support Email at info@seazenhk.com or by phone at +852 3912-6666 and +852 3520-3299
Deposit & Withdrawal Credit/Debit Cards, Bank Transfers
Educational Resources Learning Center, Webinars, Trading Academy

Overview of Future Land

Founded in 2018 in Hong Kong, Future Land positions itself as a trading platform offering a diverse array of financial instruments.

With a user-friendly interface, it caters to traders interested in securities brokerage and capital markets. The platform's competitive fee structure is a notable advantage, attracting users seeking cost-effective trading solutions. However, the company has faced setbacks with the revocation of its regulatory license by the Securities and Futures Commission of Hong Kong, introducing regulatory uncertainties.

On the positive side, Future Land users can benefit from a comprehensive range of educational resources and 24/5 customer support. Yet, it falls short in terms of payment methods, lacking support for popular e-wallets. Traders should carefully weigh these advantages and disadvantages, considering their specific needs and risk tolerance before engaging with Future Land.

Overview of Future Land

Is Future Land legit or a scam?

The regulatory status of Future Land, as indicated by the Securities and Futures Commission (SFC) of Hong Kong, is currently revoked. Future Land's license type involves dealing in futures contracts, and it was previously regulated by the SFC in Hong Kong under License No. BBG423. However, the revocation of its regulatory status raises significant concerns for traders on the platform.

The revocation by the SFC implies that Future Land may no longer adhere to the regulatory standards and compliance required for dealing in futures contracts. Traders should approach this situation with caution as the absence of regulatory oversight poses potential risks. The regulatory status is crucial for ensuring fair and transparent practices, protecting user funds, and maintaining overall market integrity. Traders considering engagement with Future Land should carefully assess the implications of the revoked status, exercise due diligence, and be aware of the potential challenges and uncertainties associated with trading on a platform lacking regulatory supervision.

Is Future Land legit or a scam?

Pros and Cons

Pros Cons
Diverse Market Instruments including Stocks, Bonds, ETFs, Securities Brokerage Revocation of Its Regulatory Status
Access to Securities Brokerage and Capital Markets Lack ewallets Payment Methods
Competitive Spread Starting from 0.05%
User-Friendly Trading Platform with Security Features
Comprehensive Educational Resources
24/5 Customer Support

Pros:

  1. Diverse Market Instruments including Stocks, Bonds, ETFs, Securities Brokerage: Future Land provides access to a variety of market instruments, allowing traders to diversify their portfolios across different asset classes. This diversity can be advantageous for implementing various trading strategies.

  2. Access to Securities Brokerage and Capital Markets: Users on Future Land can access securities brokerage services and capital markets, offering a comprehensive platform for various financial activities beyond standard trading.

  3. Competitive Spread Starting from 0.05%: Future Land boasts competitive fees, providing traders with a cost-effective environment for executing trades and managing their investments.

  4. User-Friendly Trading Platform with Security Features: The platform is designed to be user-friendly, offering a seamless trading experience. Additionally, it incorporates security features to safeguard user data and funds.

  5. Comprehensive Educational Resources: Future Land provides a wealth of educational resources, offering valuable information, tutorials, webinars, and guides. This can empower traders with knowledge to make informed decisions.

  6. 24/5 Customer Support: Users benefit from round-the-clock customer support, ensuring assistance is available during critical trading periods.

Cons:

  1. Revocation of Its Regulatory Status: The revocation of Future Land's regulatory status raises concerns about the platform's adherence to regulatory standards. This lack of oversight may pose risks to traders, including potential issues related to transparency and fund security.

  2. Lack of eWallet Payment Methods: Future Land may not support eWallet payment methods, limiting the flexibility of users to fund their accounts through widely-used electronic payment systems.

Market Instruments

Future Land offers a wide range of trading assets, including:

  • Securities brokerage: Future Land provides brokerage services for a variety of securities, including stocks, bonds, and ETFs. Customers can trade these securities on a variety of exchanges, including the Taiwan Stock Exchange (TWSE), the Hong Kong Stock Exchange (HKEX), and the New York Stock Exchange (NYSE).

  • Equity and debt capital markets and underwriting services: Future Land provides a range of capital markets and underwriting services, including initial public offerings (IPOs), follow-on offerings, and debt issuances. These services help companies raise capital and access the public markets.

  • Asset management: Future Land offers a variety of asset management services, including mutual funds, exchange-traded funds (ETFs), and private equity. These services help investors manage their wealth and achieve their financial goals.

  • Loan services: Future Land offers a range of loan services, including mortgages, personal loans, and business loans. These services help individuals and businesses finance their needs.

Future Land's trading assets offer a variety of opportunities for investors to build their wealth and achieve their financial goals. The company's broad range of services and products gives investors the flexibility to choose the right investment for their needs.

Account Types

The Standard account of Future Land is designed for traders seeking a balanced approach to online trading. With leverage of up to 1:100, users can amplify their positions. Starting from a competitive 0.05%, spreads are favorable, complemented by commissions as low as 0.02% per trade.

A reasonable minimum deposit of $100 opens the gateway to this account type. Traders can practice and refine their strategies using the free demo account. The Standard account also offers access to a suite of trading tools, including a trading app, advanced charting, technical indicators, and a comprehensive news feed. Clients enjoy 24/5 multilingual customer support via phone, live chat, and email, enhancing their overall trading experience.

Feature Standard account
Leverage Up to 1:100
Spreads Starting from 0.05%
Commissions Starting from 0.02% per trade
Minimum Deposit $100
Demo Account Yes, free demo account available
Trading Tools Trading app, Advanced charting, technical indicators, news feed
Customer Support 24/5 multilingual customer support via phone, live chat, and email

How to Open an Account?

Opening an account with Future Land involves a straightforward process. Follow these five steps to get started:

  1. Visit the Future Land Website:

  1. Go to the official Future Land website. Look for the “Register” button, often found in the top navigation menu or on the homepage.

2. Complete the Online Application Form:

Fill out the online application form with accurate and up-to-date information. You'll likely need to provide personal details, financial information, and agree to the terms and conditions. Ensure all the required fields are completed before proceeding.

3. Verification Process:

After submitting the application, you may need to undergo a verification process. This often involves providing identification documents such as a passport or driver's license, as well as proof of address. Follow the instructions provided by Future Land to complete this step promptly.

4. Fund Your Account:

Once your account is approved, you can fund it. Future Land typically offers various deposit methods, such as bank transfers or credit/debit cards. Follow the instructions on the platform to deposit the required initial amount, which may vary based on the chosen account type.

Remember to review all terms and conditions carefully throughout the process. If you encounter any difficulties or have questions, reach out to Future Land's customer support for assistance.

How to Open an Account?

Leverage

The maximum leverage for the Future Land Standard account is Up to 1:100. This means that traders using the Standard account can control positions in the market up to 100 times the amount of their invested capital.

Leverage allows for the potential amplification of both profits and losses, so traders should exercise caution and be aware of the risks associated with leveraged trading. This feature provides flexibility for traders looking to manage their positions with a relatively smaller amount of capital, enhancing their ability to participate in various market opportunities.

Spreads & Commissions

The Standard account at Future Land offers competitive trading conditions with spreads starting from 0.05%.

In addition to spreads, the Standard account incurs commissions starting from 0.02% per trade. This commission structure is relatively cost-effective, adding a fixed percentage to the trade's value.

The Standard account's fee structure makes it suitable for a broad range of users, including those who are cost-conscious and prefer a straightforward fee model. It provides a good compromise between cost-effectiveness and access to essential trading features. As always, users should carefully consider their trading preferences and goals when selecting an account type.

Trading Platform

Future Land offers a self-developed trading app that is user-friendly. The platform is available on both desktop and mobile devices, making it convenient for traders to access their accounts and trade from anywhere.

Future Land places a strong emphasis on security with the following features:

  • Two-factor authentication (2FA): Adds an extra layer of security to your account by requiring a code from your phone in addition to your password.

  • Secure Socket Layer (SSL) encryption: Protects your data when it is transmitted between your computer and the Future Land servers.

  • Cold storage: Stores most of its digital assets in offline wallets, which are not connected to the internet and are therefore less vulnerable to cyberattacks.

Future Land's trading platform offers a comprehensive suite of features:

  • Real-time market data furnishes live prices, charts, and order book details for all available assets.

  • Advanced charting tools provide technical analysis capabilities with various indicators and drawing tools.

  • Multiple order types, including market, limit, stop, and trailing stop orders, cater to diverse trading strategies.

  • Margin trading options allow users to leverage their capital for increased profit potential.

  • A news feed keeps traders informed about the latest developments and events influencing the financial markets.

Trading Platform

Deposit & Withdrawal

Future Land facilitates convenient transactions by accepting major credit and debit cards, including Visa, Mastercard, and other widely recognized cards. This payment method offers users a familiar and accessible way to fund their trading accounts. By supporting credit and debit card payments, Future Land provides a swift and user-friendly option for traders looking to initiate transactions promptly.

The minimum deposit requirement at Future Land is set at $100. This provides flexibility for traders with varying capital sizes, making the platform accessible to a wide range of users. The relatively low minimum deposit ensures that individuals, including those new to trading, can engage in the financial markets without a substantial initial investment, fostering inclusivity in the trading community.

For users opting for bank transfers, both local and international options are available at Future Land. Bank transfers are well-suited for larger deposits or those looking to transfer funds directly from existing bank accounts. The processing time for bank transfers may vary, as it often depends on the banks involved and their respective policies.

Customer Support

Future Land's customer support, located at Room 4503-07, 45th Floor, Central Centre, 99 Queen's Road Central, Hong Kong, is reachable via email at info@seazenhk.com or by phone at +852 3912-6666 and +852 3520-3299 during office hours from Monday to Friday, 09:00 to 18:00 (Hong Kong time).

The team is committed to assisting customers with inquiries and concerns. Please note that customer support is closed on Saturdays, Sundays, and Hong Kong public holidays, ensuring dedicated service during the specified business hours.

Customer Support

Educational Resources

Future Land provides a comprehensive and diverse range of educational resources designed to empower traders of all levels, from beginners to experienced professionals. Here's a breakdown of the educational resources offered by Future Land:

  • Learning Center: An extensive library of articles, tutorials, and videos covering a wide range of topics, including trading basics, technical analysis, fundamental analysis, risk management, and more.

  • Webinars: Regular live and on-demand webinars hosted by industry experts, covering current market trends, trading strategies, and insights into specific asset classes.

  • Trading Academy: A structured learning program for beginners, offering a step-by-step guide to the fundamentals of trading. The academy includes interactive modules, quizzes, and practical exercises to help users build their trading knowledge and skills.

  • Glossaries and FAQs: Comprehensive glossaries explaining key trading terms and concepts alongside detailed FAQs addressing common user inquiries.

  • Market News and Analysis: Stay informed with daily market news updates, expert analysis, and insights from leading financial institutions.

Educational Resources

Conclusion

In conclusion, Future Land presents traders with a mixed bag of opportunities and challenges. On the positive side, the platform offers a diverse range of market instruments, including stocks, bonds, ETFs, and securities brokerage, providing users with ample options for portfolio diversification. The competitive fees, user-friendly trading platform, and comprehensive educational resources further enhance its appeal, catering to both novice and experienced traders.

However, the revocation of Future Land's regulatory status by the SFC of Hong Kong introduces significant drawbacks. The absence of regulatory oversight raises concerns about the platform's adherence to industry standards, potentially impacting transparency, security, and user protection. Additionally, the lack of support for popular e-wallet payment methods limits the flexibility for users in funding their accounts.

FAQs

Q: Is Future Land regulated?

A: No, Future Land's regulatory status has been revoked by the Securities and Futures Commission (SFC) of Hong Kong.

Q: What market instruments are available on Future Land?

A: Future Land provides access to a diverse range of financial instruments, including stocks, bonds, ETFs, and securities brokerage services.

Q: How can I contact Future Land's customer support?

A: You can reach Future Land's customer support via email at info@seazenhk.com or by phone at +852 3912-6666 and +852 3520-3299 during office hours.

Q: What is the minimum deposit requirement at Future Land?

A: The minimum deposit requirement at Future Land is $100.

Q: Does Future Land support e-wallet payment methods?

A: No, Future Land does not support popular e-wallet payment methods.

Q: Is there a demo account available on Future Land?

A: Yes, Future Land offers a free demo account for users to practice and refine their trading strategies.

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