Founded In 2007 And Headquartered In South Africa, Tradeland FX Focuses On The Forex, CFDs, Stocks, Indices, Energy, Metals And Cryptocurrency Markets. It Uses MT4 As A Trading Platform With A Minimum Deposit Of 10 Dollars And A Maximum Leverage Of 1:1000. However, Its License Is Currently Exceeded And There May Be Latent Risk.
Pros And Cons
Pros: Long Operating Hours, Diverse Tradable Assets, Islamic Accounts And Demo Accounts, Sub-account Available, Multiple Account Types, Flexible Leverage, Commission-free Account Available, MT4 Available, Copy Trading Available, Low Minimum Deposit Amount, Popular Payment Options, No Deposit And Withdrawal Fees, 24/7 Live Chat Support
Cons: Beyond FSCA License, No Physical Office
Is Tradeland FX Legal?
Tradeland FX Is Regulated In South Africa By The Financial Industry Conduct Authority (FSCA), But Its License Has Expired. In Addition, Its Current Status Shows That Activities Such As Customer Transfers And Renewals Are Prohibited. Therefore, Be Aware Of Latent Risks And Think Carefully Before Investing.
What Can Tradeland FX Trade?
Tradeland FX Offers A Wide Range Of Products Including Forex, CFD Stocks, CFD Indices, Spot Energy, Spot Metals And Cryptocurrencies.
Account Types/Fees Tradeland FX Offers 6 Accounts Including Cent (Nano), Standard, ECN, ECN Pro, ECN VIP And Pro VIP. In Addition, Islamic Accounts And Demo Accounts Are Also Available.
Leverage For The Above 6 Accounts, The Maximum Leverage Can Be Up To 1:1000. Leverage Is Flexible For Different Types Of Products, Ranging From 1:1 To 1:500. Keep In Mind That The Greater The Leverage, The Greater The Risk Of Losing Your Deposited Capital. The Use Of Leverage May Work In Your Favor Or Against You.
Trading Platform Tradeland FX Uses MT4 As Its Trading Platform, A Versatile And Widely Recognized Trading Solution Introduced By MetaQuotes In 2005. While Primarily Related To Forex Trading, MT4 Also Extends Its Functionality To A Wide Range Of Markets Including Cryptocurrencies, Indices And Commodities Through Contracts For Difference (CFDs). The Popularity Of The Platform Stems From Its Excellent Customization Options, Allowing Traders To Customize To Their Own Unique Trading Preferences.
Deposits And Withdrawals Tradeland FX Supports Different Types Of Payment Options And Does Not Charge Any Deposit/withdrawal Fees.
