Land-FX: Land Prime Account Type Features and Stock Spread Comparison Thorough Explanation

Land-FX

Land-FX (Land Prime) has three trading types when you open an account, so we will compare and explain the bonus and spread information. Each account type has its own characteristics, so please refer to them. The strategy also changes depending on the account type. Which account with a narrow spread is suitable for short-term traders? explain.

What are the account types of Land-FX?

There are three account types. Standard accounts are the most popular account type, but ECN accounts are also available for professionals. We also have swap-free accounts that do not have swap points. Please note that standard accounts have bonuses, but other accounts do not. On the other hand, ECN accounts have extremely narrow spreads, so they are recommended for short-term traders.

StandardSwap FreeECN
Trade StyleNDD STPNDD STPNDD ECN
Max LeverageUnlimitedUnlimited1,000
Trade
Instrument
Forex
Metal
Energy
Indice
Forex
Metal
Forex
Metal
CommissionFreeFree0.3pips
Spread1.1pips-1.1pips-0.5pips-
Lots100,000 currency100,000 currency100,000 currency
Min Lots0.010.010.01
Max Lots303030
Max Position100100100
Scalping
Auto Trade
Hedge
Margin Call30%30%50%
Loss Cut0%0%30%
Zero Cut
Trade ToolMT4
MT5
MT4
MT5
MT4
MT5
Base CurrencyJPY
USD
JPY
USD
JPY
USD
Min Deposit10$10$500$
Campaign××

You can freely choose the account you need. You can select USD or JPY as the base currency, but you cannot select EUR. The platform is compatible with MT4 and MT5 and is provided free of charge by the operator by logging into the official website. For those with investment experience, a professional ECN account is recommended. You can start with a maximum of 100 positions and a maximum of 30 lots. There are many servers and they are relatively stable. Losses can be tolerated up to 0%. ECN has a loss cut of 30%.

standard account

Standard account is the most orthodox account type. The standard account requires a minimum initial deposit of $10 and allows you to use up to unlimited leverage, making it possible to trade with very high leverage. It is also the account type that handles the most products, so it is the most recommended account type for Land-FX beginners. This account type allows you to trade currency pairs, precious metals, energy, and stock indices. Virtual currencies are not handled in all accounts.

swap free account

As the name suggests, a swap-free account has no swap points. This is the account type with the widest spread, but on the other hand, it does not earn swap points, so it is the most recommended account type for those who are good at long trades. Since the conditions are the same as standard accounts except for swaps, it is recommended to open a swap-free account rather than a standard account.

ECN account

The biggest strength of ECN accounts is that they have the narrowest spreads. This account type is most suitable for short-term traders and scalping trades. Extremely narrow spreads with a minimum of 0 pips and trading fees of $3 each way. Please note that leverage is limited to 1000x. This account has high execution power because it uses the excellent NDD ECN method.

Thorough comparison of Land-FX average spreads

Spreads are definitely narrower on ECN. ECN accounts are for short-term traders, while standard accounts and swap-free accounts are for medium to long-term traders. Overall, the spreads of ECN accounts are narrower than other companies such as XM, axiory, bigboss, exness, easy markets, titanfx, etc. Economic indicators are dangerous because the spreads are different from normal and can become wild. Be careful of margin calls to protect your assets. Please check with support for details.

Forex

We investigated the environment and listed the average spreads of foreign exchange. Some may be a little wider. ECN accounts have lower overall spreads and tend to be narrower, making them suitable for short-term investment users, but transaction costs are high. You can start a new trade even with a small amount. There are quite a large number of currency pairs, so it is also recommended for those who want to play minor currencies.

StandardECN
USD/JPY1.2pips0.4pips
EUR/JPY1.6pips0.8pips
GBP/JPY1.8pips1.0pips
AUD/JPY1.6pips1.0pips
CAD/JPY2.5pips2.1pips
CHF/JPY2.6pips1.8pips
USD/CAD1.3pips0.8pips
USD/CHF1.2pips0.2pips
EUR/USD1.0pips0.1pips
EUR/GBP1.6pips1.0pips
EUR/AUD2.0pips1.2pips
EUR/CAD2.4pips1.8pips
EUR/CHF1.8pips1.0pips
GBP/USD1.2pips0.8pips
GBP/AUD2.5pips1.6pips
GBP/CAD3.8pips2.8pips
GBP/CHF3.2pips2.4pips
AUD/USD1.3pips0.6pips
AUD/CAD2.6pips1.7pips
AUD/CHF2.6pips1.7pips
AUD/NZD2.0pips1.2pips

Metal

Precious metals are for trend followers because the market is very volatile. There have been significant market movements in the past. Trade carefully to avoid losing your money.

StandardECN
XAU/USD3.52.2
XAU/USD_m4.95.3
XAG/USD3.73.7

Energy

L’énergie est similaire aux métaux précieux et évolue généralement bien. Assurez-vous de vous contrôler.

StandardECN
CRUDE0.7
BRENT0.7
NGAS3.3

Indice

There are many stocks in the index. There were 67 types of foreign exchange, but although it is not that many, the target stocks are substantial. You can trade on Metatrader using indicators etc.

StandardECN
JP2251.7
US301.4
US1002.5
S&P5001.7
EU502.1
UK1001.8
FR409.2
AU2002.9
SPAIN3513.9
DE302.9
HK5018.1

Land-FX main leverage limits and rules

Standard and swap-free accounts have unlimited leverage. 1000x for ECN accounts. However, common to all account types, there is a leverage limit based on the margin balance. For a standard account, it will look like this:

Max Leverage
-999$Unlimited
1000-4999$2000
5000-29999$1000
30000-199999$500
200000$-200

For ECN accounts, it looks like this:

Max Leverage
-29999$1000
30000-199999$500
200000$-200

In Land-FX, in addition to leverage limits on margin and trade size, there are also limits on economic news announcements. When there are large fluctuations, we do not know how the market will move, so there are restrictions on trading.

You can open an account for free

Currently, you can open an account with Land-FX for free. All customer personal information (name, date of birth, gender, address, phone number) must be entered, along with identification documents (My Number Card, passport, driver’s license) and address proof documents (residence card, utility bill, statement) ) is required. Certification will of course take place on weekday business days. Once verified, investors can deposit and trade immediately.

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