FXLand is a British forex broker founded in 2012, mainly providing investors with foreign exchange, metal trading services, the company's official website supports simplified Chinese, English, Japanese, Korean as the use of languages. In addition, FXLand's account registration page is also available in simplified Chinese, English, Japanese, and Korean.
Company background:
FXLand's official website shows that it is registered in the Marshallese, but this registration information cannot be verified and confirmed through the Marshallese government website. In addition, according to the domain name registration information of the website queried by Whois, the company's official website domain name was registered on October 20, 2021, and the domain name registration time has been more than 2 years ago.
Account Registration:
FXLand official website information shows that the company provides investors with real account, demo account registration links. The way to register a real account is: Click "Register" in the upper right corner of FXLand official website, or "Start Copy Trading or Start Now" on the left side of FXLand official homepage to enter the registration page. Select or fill in the name, Email, password, country, phone number, account currency and other information as required to complete the real account registration. FXLand's account registration page is available in simplified Chinese, English, Japanese and Korean. However, the FXLand website does not provide a link to sign up for a demo account.
Account Type:
FXLand does not provide information on the types of trading accounts.
Trading Products:
FXLand official website information shows that the company provides investors with foreign exchange, metal trading services. In addition, the FXLand website also provides specific trading products covered by Forex and metals, as well as spreads and overnight interest information for specific trading products. However, FXLand's official website does not provide information on the commission of specific trading products covered by foreign exchange and metals, the minimum trading unit, the maximum trading unit, etc.
Margin ratio:
FXLand only shows on the homepage of its official website that it provides investors with a maximum margin (leverage) ratio of 1:500, but FXLand does not provide the margin (leverage) ratio of specific trading products covered by foreign exchange and metals.
Trading Hours:
FXLand provides trading hours for Forex and metals in the "Frequently Asked Questions" section on the homepage of FXLAND's official website.
Deposits and Withdrawals:
Although FXLand answers some deposit and withdrawal questions in the "Frequently Asked Questions" on the homepage of the FXLand website, the FXland website does not provide information about the channels and methods of deposit and withdrawal, deposit and withdrawal times, currencies, and fees supported by FXLAND.
Trading Software:
According to FXLand's website, the company offers investors MetaTrader4 (MT4) trading software. The MT4 software provided by FXLand supports PC (Winodws/MacOS), Web and mobile (IOS/Android) versions. However, the Android version of MT4 software in some countries or regions, there are problems that can not be downloaded or downloaded installation speed is slow.
Other services:
According to FXLand's website, the company provides investors with a documentary trading service, which allows investors to copy the trading strategies or trading methods of others.
Regulatory information:
FXLand's website does not provide regulatory or licensing information obtained by FXLAND. FXLand's official website shows that the Marshallese financial regulator, where the company is registered, is also unable to confirm and verify FXLand's regulatory or authorization information.
Summary:
FXLand is suspected of fraud. On the one hand, FXLand's official website shows that it is registered in the Marshallese, but this registration information cannot be verified and confirmed through the Marshallese government website. On the other hand, the FXLand website does not provide any regulatory or licensing information it has obtained. FXLand's official website shows that the Marshallese financial regulator, where the company is registered, is also unable to confirm and verify FXLand's regulatory or authorization information. According to this judgment, FXLand is suspected of fraud, and investors should be careful to choose the services provided by the company. TraderKnows reminds you, please pay attention to your property safety, to avoid falling into the fraud trap.
