Our Land Prime Review
Land Prime is an established online broker based in Kingstown, St. Vincent and the Grenadines. The broker has branches globally including New Zealand, China, Russia, Egypt, and Malaysia. Land Prime aims to be a leading broker that offers access to ECN and STP trading.
Land Prime Account Types
Land Prime offers traders access to two account types. These are the Standard Account and the ECN Account.
- Standard
The minimum deposit amount for the Standard Account is $10. With the Standard Account, the lowest spreads with this account are 0.8 pips and maximum leverage is set at 1:2000. Traders using the Standard account enjoy 0 commissions.
- ECN
The ECN account comes with a minimum deposit amount of $10. With the ECN account, spreads start at 0 pips, and leverage is set at a maximum of 1:2000. The account comes with a commission set at one-way 0.9 pips.
Trading Platforms
The Land Prime broker supports three trading platforms. These are the MT4 platform, the MT5 platform, and the proprietary Land Prime platform.
- MT4
The MT4 platform is offered for both mobile and PC devices.
Land Prime also features an MT4 MultiTerminal platform that is designed for traders who wish to open multiple MT4 accounts from a single terminal using one master login and password.
- MT5
The MT5 platform is offered for both mobile and PC devices.
- Land Prime Platform
The Land Prime platform features the Land Prime PAMM system, which links investors with fund managers. This system allows fund managers to set up a PAMM account to see the investorsโ status. Investors can check the fundโs performance in real-time.
There is also a Demo Competition platform supported via the Land Prime Platform. It is designed to help beginner and experienced traders improve their trading skills.
Deposits and Withdrawals
Depositing funds into Land Prime can be done using a variety of methods that include Visa, MasterCard, Skrill, STICPAY, Neteller, and Bank Wire. The minimum deposit amount for Visa and MasterCard is $50. All other methods, except Bank Wire, come with a minimum deposit amount of $5. For Bank Wire, the minimum deposit amount is $300.
The platform will cover the deposit fee when clients deposit more than the minimum amount. Withdrawals can be made using the same methods used to deposit funds. The broker does not charge a fee for deposits and withdrawals. However, traders will still incur any fee charged by their payment service. Withdrawals typically take a maximum of 48 hours to process.
Customer Support
Customer support on Land Prime is offered via email, phone, and live chat. The support team is highly knowledgeable and they will handle any issues customers have efficiently. Support is offered 24/7.
Summary
Land Prime is a reliable online broker with a huge global presence. The company has a great reputation. It offers traders access to numerous trading instruments. Besides that, traders get access to powerful trading capabilities to help them maximize their trading opportunities.