Forex Trading Forexland Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.4

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.6

Business 0.9

Risk Control 1.2

Software 1.9

Regulatory 1.4

Terminal Snapshot

Forexland Trading Conditions

Registered Region Marshall Islands

Operating Period 2-5 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@forexland-fx.com

Contact Number +18558371913

Website www.forexland-fx.com

Balanced Review

Pros & Cons

Pros

High leverage up to 500:1
Spreads starting from 0.8 pips for major pairs
Rebates on trading activity
24/5 customer support available
Trading platform: MetaTrader 4 with mobile access

Cons

Not regulated by any recognized financial authority
High minimum deposit requirement of $500
No demo account available for practice
Lack of comprehensive educational resources
Limited trading instruments, primarily focused on forex and metals

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	Forexland	Xtreme Markets	GLOBAL LIQUIDITY	AvaTrade
Operating Period	2-5 years	See review	See review	See review
Region	Marshall Islands	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.4/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does Forexland Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
STP Standard Account	Traders looking for direct market access	Spreads starting from 0.8 pips, maximum leverage of 500:1, trading rebates	Minimum deposit of $500 required

Account Opening Process

Opening an account with Forexland involves several key steps. First, traders must complete registration by providing personal information such as name, email address, and phone number. Next, they will need to verify their identity by submitting the required documents, including a proof of identity (like a passport or ID card) and proof of address (such as a utility bill or bank statement). After verification, traders can fund their accounts, keeping in mind the minimum deposit requirement of $500. Additionally, traders may have the flexibility to upgrade their accounts in the future, depending on their trading needs.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	0.8	$0	Tight spreads for major currency pairs
CFDs (Stocks, Indices, Commodities)	Varies	Varies	Dependent on specific instruments
Cryptocurrencies	Varies	Varies	Dependent on market conditions

Other Fees

Forexland may charge various fees associated with trading activities. These can include deposit and withdrawal fees, although the broker claims no deposit fees are charged. Traders should be aware of potential inactivity fees if accounts are not used for extended periods. Additionally, overnight interest (swap rates) may apply to positions held overnight, and currency conversion fees could be incurred for transactions involving different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

Forexland User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

John Smith

New York, USA

★ ★ ★ ★ ★

I attempted to withdraw my funds last week, but I haven’t received any response from customer support. It’s frustrating that I can’t move my money, and I’m starting to worry about the safety of my investment.

Emily Johnson

London, UK

★ ★ ★ ★ ★

Overall, my experience with Forexland has been quite positive. The MetaTrader 4 platform is user-friendly, and I appreciate the fast execution of trades. However, I wish there were more educational resources available for beginners.

Michael Brown

Tokyo, Japan

★ ★ ★ ★ ★

I’m very disappointed with Forexland. The lack of regulation makes me uneasy, and I’ve had issues with their support team not responding to my inquiries. I wouldn’t recommend this broker to anyone.

Sara Lee

Sydney, Australia

★ ★ ★ ★ ★

I have been trading with Forexland for a few months now, and I am very satisfied. The high leverage allows me to maximize my trades, and I find the spreads to be competitive. The customer support has also been responsive when I needed assistance.

Marshall Islands Market