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June 11, 2016

Question:Is Land-FX a SCAM broker? How are the reviews to their service?

Answer:

Land-FX is a fully regulated online Forex & CFD broker in New Zealand and United Kingdom.

The broker used to be regulated only by the FMA(New Zealand Official Financial Authority), but has recently acquired the UK’s FMA License in June, 2,016.

The FCA License is known as the hardest Financial License to earn in terms of Compliance and Fund Management Aspect.

Not so many online Forex and CFD brokers have been listed by FCA in UK.

Also, Land-FX is not just an online registered company in FSPR of New Zealand, like many other brokers introducing the “FSPR online registration” as their “official financial license”.

In New Zealand, FMA is the Financial Regulatory Authority and Land-FX is officially & fully regulated and authorized by the FMA.

Only handful of online Forex & CFD brokers has acquired these two major financial license together.

So, we believe that these licenses already proves that Land-FX is working on a good faith and running its brokerage business.

Land-FX Official Website

The support quality is very fine

We are all getting tired of some useless quality of online broker support, through livechat or emails and phones.

Sometimes you just get the same questions again and again, and they never come back to you with direct answers.

But Land-FX is different, because their Customer Support is actually doing their job finely.

Out of hundreds of online brokers, maybe only handful brokers have got very educated support teams though, Land-FX is one of them.

It should be one great reason to choose Land-FX, because “High Quality Support” simply means “Less troubles in the future”.

No Restrictions on the Trading Platform

Land-FX is providing financial services with concept of STP/ECN environment, where there is no interference nor manipulations to your orders and prices.

Many brokers do offer such trading environment and it is often hard to confirm if the trading environment is real or not, but Land-FX makes sure that there is no “Trading method restrictions” as a STP/ECN broker.

*STP – Straight Through Processing

*ECN – Electronics Communication Network

You are allowed to do “Scalping Trades”, “Using EAs/Algorithms”, “API” and “News Time Trading” etc.

Only trading method you are not allowed to do is “Arbitrage” to abuse bonus promotions or Swap points, or the difference of latency especially on CFDs.

Land-FX offers several Deposit Bonuses though, you may want to make sure that you are not aiming for fast money by abusing them.

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