I will explain how to deposit into LAND-FX account.
If you haven’t opened a LAND-FX account yet, please open an account by referring to my article.
＼Just 3 minutes!!／
LAND-FX Deposit Methods
The following deposit methods are available on LAND-FX.
Available deposit methods vary depending on your country of residence.
The explanations from here on are based on the ones available in Thailand where I live, but please visit the official website to know which deposit methods are available in your country.
| Method | Fees | Processing Time |
|---|---|---|
| Local Bank | No Fees | Instantly |
| Credit Card (VISA, Master) | No Fees | Within 1 hour |
| STICKPAY | No Fees | Instantly |
| NETELLER | No Fees | 1 – 2 hours |
| Skrill | No Fees | 1 – 2 hours |
| Bank Wire | No Fees | 1 – 2 business days |
| bitcoin | No Fees | 1 – 2 hours |
Restrictions on withdrawal by deposit method
There are the following restrictions.
From a money laundering perspective, this is almost same for any forex broker.
- If you deposit with a credit card, you can withdraw up to the deposit amount.
- For credit cards, there may be further restrictions depending on the card company.
If you deposit with a credit card, the maximum withdrawal amount is the deposit amount.
In other words, if you make a profit, you can only withdraw the profit by bank transfer.
Although it is a restriction by the credit card company, for example, you may not be able to withdraw money after a certain period of time (several months).
This is because in the case of credit card withdrawal, it will be refunded (withdrawn) by canceling the deposit.
For the same reason, credit card withdrawals may take long time.
How to Deposit into LAND-FX Account
From here, I will explain the specific deposit method using my account.
Only the main ones will be explained.
Skrill, NETELLER and STICKPAY have almost the same flow.
As mentioned above, the available deposit methods vary depending on the country or region where you live, but here I will explain the following major deposit methods.
- Local Bank
- VISA
- STICKPAY
- NETELLER
- Bank Wire
- bitcoin
Log in to LAND-FX Mypge
First, log in from LAND-FX top page to mypage.
Click “Deposit”
Deposit by Local Bank Transfer
Select “MOBILE BANKING”
I will show you Thai case for your information.
Here in Thailand, domestic transfer is very convenience.
Confirm Account Number and the Deposit Amount
Scan QR Code and Do Payment
Deposit by Credit Card
Select “Credit Card”
Confirm Account Number and the Deposit Amount
Enter Credit Card Information
Enter your credit card number, expiration date and CVC number (three-digit number in the signature field on the back) and click “Money In”.
The card information will be verified and the deposit will be made.
In addition, there is no input of the card holder name, but this means that you can only deposit with the same card name as the LAND-FX account name.
Deposit by STICKPAY
Select “STICKPAY”
Confirm Account Number and the Deposit Amount
Select a LAND-FX account and enter the deposit currency and deposit amount.
After entering, click “Deposit”.
Send Money from STICKPAY to LAND-FX
You will be automatically redirected to the STICKPAY homepage.
You can send money from your STICKPAY account to LAND-FX.
Deposit by NETELLER
Select “NETELLER”
Confirm Account Number and the Deposit Amount
Select a LAND-FX account and enter the deposit currency and deposit amount.
After entering, click “Deposit”.
Send Money from NETELLER to LAND-FX
You will be automatically redirected to the NETELLER homepage.
You can send money from your NETELLER account to LAND-FX.
Deposit by Bank Wire
Select “Bank Wire”
入金先情報の確認と、送金
The bank information of the remittance destination will be displayed, then remit.
Deposit by bitcoin
Select “bitcoin”
Confirm Destination Address and Send Bitcoin
Please select the LAND-FX account you want to deposit.
The Bitcoin remittance address will be displayed.
The Bitcoin address is different for each account, so be careful not to make a mistake in the deposit account.
Please use this address or QR code to send bitcoin from your bitcoin wallet.
Unlike other forex broker, you don’t need to specicy deposit bitcoin amount here.
From the reference conversion rate of Bitcoin displayed on the screen below (here 1BTC = $ 18,286.40) and the amount you want to deposit, you need to calculate yourself how many BTC you should transfer.
Of course, the market price of Bitcoin is moving, so depending on the timing of the remittance process, it may not be perfect for calculation, and you may lose or gain.
Summary
I explained how to deposit LAND-FX.
A general notes with forex brokers is that deposit methods are changed sometimes.
Also, as mentioned above, the available deposit methods differ depending on the country or region where you live, so please check the official website to confirm it.
＼Just 3 minutes!!／
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