Question 1

Is Land Prime regulated and safe to trade with?

FXScope Intelligence Lab · Accepted Answer

Land Prime is regulated by the Financial Services Commission of Mauritius (License No. GB24203734) and incorporated in St. Vincent & the Grenadines (registration number 23627 IBC 2016). The broker mentions additional regulation by FSA (UK) and FCA (UK), though details of these regulatory relationships aren't fully disclosed. While the Mauritius regulation provides some oversight, investors should note that Land Prime is prohibited from serving clients in several jurisdictions including the USA, Cuba, Sudan, Syria, and North Korea. As with any broker, it's recommended to conduct thorough due diligence and understand the regulatory protections available in your jurisdiction before trading.

Question 2

What are the minimum deposit requirements at Land Prime?

FXScope Intelligence Lab · Accepted Answer

Land Prime offers three account types with different minimum deposits: Standard Account requires $10 minimum, Prime Account requires $10 minimum, and ECN Account requires $1,000 minimum. The low $10 minimum for Standard and Prime accounts makes it accessible for traders with smaller capital. ECN accounts, which offer tighter spreads starting from 0.0 pips on EUR/USD, require the higher $1,000 minimum deposit but provide more competitive trading conditions suitable for active traders.

Question 3

Is this broker beginner-friendly?

FXScope Intelligence Lab · Accepted Answer

Land Prime demonstrates several features that appeal to beginners: extremely low minimum deposits ($10), user-friendly MetaTrader 4 and 5 platforms, comprehensive educational resources including courses from beginner to advanced levels, 24/7 customer support through multiple channels (email, web form, phone, callback, live chat, office, Teams), and availability in multiple languages. The broker also offers demo accounts, allowing new traders to practice with virtual funds. However, the high leverage options (up to 1:2000) could be risky for inexperienced traders, so proper risk management education is essential.

Question 4

What trading platforms and instruments does Land Prime offer?

FXScope Intelligence Lab · Accepted Answer

Land Prime provides access to MetaTrader 4 and MetaTrader 5 on multiple devices including PC, web terminals, mobile apps for Android/iOS, and tablet applications. They also offer MultiTerminal and copy trading functionality. The broker supports trading in 61 currency pairs including major pairs like EUR/USD, GBP/USD, USD/JPY, as well as exotic pairs. Additionally, they offer CFD trading on metals (XAG/USD, XAU/USD, XPD/USD, XPT/USD), which provides diversification beyond forex trading. The platforms support automated trading, one-click trading, pending orders, and trailing stops.

Question 5

What leverage and spread options are available at Land Prime?

FXScope Intelligence Lab · Accepted Answer

Land Prime offers high leverage options: up to 1:2000 for Standard and Prime accounts on forex pairs, up to 1:1000 for ECN accounts, and 1:200 for metals, CFD, oil, and indexes. Spreads vary by account type: Prime accounts offer 0.9 pip fixed spreads on EUR/USD, ECN accounts provide variable spreads starting from 0.0 pips on EUR/USD, and Standard accounts have 0.9 pip fixed spreads. ECN accounts charge 0.3 pip per lot commission, while Standard and Prime accounts have no commission. The high leverage options can amplify both profits and losses, requiring careful risk management.

Question 6

How can I deposit and withdraw funds at Land Prime?

FXScope Intelligence Lab · Accepted Answer

Land Prime supports multiple payment methods including Skrill, wire transfer, credit/debit cards, Neteller, UnionPay, FasaPay, Bitcoin, and Tether (USDT). The broker claims to offer $0 deposit and withdrawal fees, though this should be verified as payment processors may have their own charges. Deposits are processed as instant, and the broker emphasizes convenience and variety in payment options. Multiple support channels are available for any deposit/withdrawal concerns, including live chat and help center.

Land Prime

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