We will explain the procedures for Land-FX account cancellation (withdrawal), re-registration (opening), and dormant accounts. I will explain the procedure, but there are some things to keep in mind, so it is better to check them before canceling. It is also possible to re-register.
Land Prime Company Information
Land Prime is an overseas-based FX and CFD (contract for difference) brokerage, providing individual traders with a trading environment for foreign exchange, stock indexes, commodities, cryptocurrencies, and more. In 2023, the company changed its name from its former brand “LandFX” to Land Prime (brand renewal).
🏢 Company Overview
Operating Company Name: Land Prime Ltd.
Established: 2013 (Established as LandFX, subsequently rebranded)
Headquarters (Registered Address):
Suite 305, Griffith Corporate Centre, Beachmont, Kingstown,
St. Vincent and the Grenadines
📜 Financial Licenses and Regulations
Operated as an international business company registered with the Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) (Registration Number: 23627 IBC 2016 or equivalent).
This license represents a business registration as an overseas FX broker, but is different in nature from licenses issued by strict regulatory authorities such as the Japanese Financial Services Agency or the UK FCA.
Some sources suggest that there is a group company holding a UK FCA license, but SVG FSA is the primary provider of services for Japan.
⚠️ Not registered with the Japanese Financial Services Agency (and may be subject to warnings as an unregistered broker). This is common among overseas FX brokers, who are not registered under Japan’s Financial Instruments and Exchange Act.
📈 Trading Service Overview
Main Services Offered:
FX Currency Pair Trading (Over 60-70 Types)
Provides a platform for trading a wide range of financial products, including stock indices, commodities, cryptocurrencies, and stock CFDs.
Trading Platform: Compatible with MetaTrader 4 (MT4) and MetaTrader 5 (MT5)
Leverage: Available for high leverage trading, including up to 2,000x.
Zero-cut protection (no margin calls) and segregated customer fund protection may be employed (but no trust protection).
💼 Features and Management Policy
Long-established overseas FX broker: Established in 2013, this broker has a track record of over 10 years and is often recognized for its long history of providing services.
Global Awards: Official information lists multiple international awards and a track record of global acclaim.
Support: Japanese support (email, chat, etc.) is available, and it has been reported that it also caters to Japanese traders.
⚠️ Cautions/Risks
Regulations: SVG FSA registration is relatively loosely regulated, so it is not subject to strong oversight by major regulatory authorities. It does not have a capital protection system or trust protection system.
Reviews: While there are positive reviews, there are also complaints about withdrawal delays and customer support, so it is important to fully understand the terms and conditions before using the service.
Warning from the Japanese Financial Services Agency: There have been cases where overseas FX brokers have received warnings from the Japanese Financial Services Agency for providing services to Japan without registration. This is due to the lack of a business registration in Japan.
About LandPrime’s Dormant Accounts
Here is an overview and key points regarding LandPrime’s “dormant accounts.”
💤 What is a dormant account?
A dormant account is an account that has had no transactions or activity for a certain period of time. LandPrime treats it as follows:
📌 No transactions or deposits/withdrawals for 180 days (approximately 6 months)
(This applies to all “activity” such as transactions, deposits, withdrawals, internal transfers, and logins.)
→ After this period, the account is considered dormant.
💸 What happens when an account becomes dormant?
① A monthly dormancy fee is charged.
A monthly fee of $10 (approximately ¥1,300) is charged.
If your account balance is less than $10, you will be charged up to your balance.
If your balance is zero, there is no fee.
※ This dormancy fee is automatically charged after your account is deemed inactive (dormant).
② Bonuses and promotions will be lost.
Once an account is deemed dormant, any remaining bonuses or promotional credits will be automatically deleted.
③ Archiving with a small balance
If an account remains dormant for a further 90 days with a balance of less than $10,
it may be archived (effectively closed for record-keeping purposes).
📌 How to avoid/revive dormancy?
● How to avoid dormancy
To maintain your account without incurring dormancy fees, you must regularly engage in some activity:
Trade even a small amount
Deposit/withdrawal
Internal transfers
Logging in to MT4/MT5 and accessing your deposit/withdrawal history may also be counted.
Activity will cause your account to become dormant.
How to Avoid Dormant Accounts at LandPrime
This is how to avoid dormant accounts at LandPrime (LandPrime FX). With overseas FX, dormant accounts carry the risk of fees and bonus losses, so regular management is important.
🛡️ Basics of Avoiding Dormant Accounts
At LandPrime, an account is classified as dormant if it remains inactive for 180 days (approximately six months). Dormant accounts carry the risk of monthly dormancy fees of approximately $10 and bonus losses.
The basic strategy for avoidance: Generate “activity” in your account.
✅ Examples of behaviors that qualify as activity
Trading even small amounts
Simply placing small orders or settling accounts will mark your account as active.
This applies to real accounts, not demo accounts.
Depositing and Withdrawing
Adding funds and withdrawing funds also count as activity.
Even a few yen or dollars can prevent dormancy.
Internal Fund Transfers (Inter-Account Transfers)
If you have multiple accounts, transferring funds between them will cause your account to be treated as active.
Logging in and operating on the MT4/MT5 platform
Simply logging in may cause your account to be treated as active under certain circumstances.
Entering orders is more reliable.
📅 Regular Checks Recommended
Dormancy is determined after 180 days of inactivity, so it’s a good idea to check your account every three months and perform small transactions.
Even if you don’t need to withdraw or trade, you can avoid dormancy fees by logging in once and performing an internal transfer or small transaction.
⚠️ Important Note
Demo accounts do not incur dormancy fees.
Demo accounts are for virtual funds only, so it’s fine to leave them unused for a certain period of time.
Inactivity fees are automatically deducted from your account balance.
If your balance is $10 or more, $10 will be deducted monthly.
If your balance is less than $10, only the remaining balance will be deducted.
Bonuses and promotions will be lost.
Bonuses will be removed when your account goes into inactivity, so be careful if you want to take advantage of promotions.
How to Revoke and Reactivate a Dormant Account
This is an explanation of the LandPrime (LandPrime FX) dormant account reactivation procedure. Even if your dormant account has been reactivated, you can reactivate it by following the correct procedure.
💤 Basics of Releasing a Dormant Account
Target: Real accounts that have been inactive for 180 days or more
Purpose: Releasing a dormant account and making it available for trading again
Prerequisites: The account has a balance and you intend to resume trading.
Dormant accounts generally accrue fees, but the balance remains. However, bonuses and promotional credits may be removed.
🔁 How to Undormant/Reactivate a Dormant Account
① Log in to My Page
Access the LandPrime official website
Log in to My Page with your registered email address and password
② Check the status of your dormant account
Check your dormant account in the “Account List” section of My Page
The status will be displayed as “Dormant” or “Inactive”
③ Reactivate your account
To undormant your account, generate activity using one of the following methods:
Trade even a small amount
Even one order or payment will return your account to active status.
Perform a deposit or withdrawal
Transferring funds, even a small amount, will activate your account.
Transfer funds between accounts
If you have multiple accounts, you can reactivate them using an internal transfer.
⚠️ Note: Dormancy fees incurred during the dormant period will not be refunded.
④ Contact Support (if necessary)
If your account does not become active after activating dormant, contact support.
Example inquiry: Subject: Request to reactivate dormant account
Account number: 123456
Name: ○○ ○○
Content: I would like to reactivate my dormant account. Please guide me through the process.
Support email: help@landprime.com or japan.support@landprime.com
⑤ Re-login with MT4/MT5
Once your account is activated, log in with your MT4/MT5 account.
You can log in with your old password (if you haven’t changed it).
Check your balance and positions.
Land Prime Dormant Account FAQ
❓ 1. What is a dormant account?
A dormant account is one that has had no activity (transactions, deposits, withdrawals, internal transfers, or other operations) for a certain period of time.
At LandPrime, an account is considered dormant if there has been no activity for 180 days (approximately 6 months) or more.
❓ 2. What are the criteria for being considered dormant?
An account is considered dormant if the following activities have been inactive for more than 180 days:
Transactions (orders and payments)
Deposits and withdrawals
Internal account transfers
General account operations within My Page
*Please note that simply logging in may not be counted.
❓ 3. What happens when an account becomes dormant?
The following will occur automatically:
🔹 A monthly dormant fee will be charged.
→ A monthly dormant fee of $10 (approximately ¥1,400*) or the entire balance (if the balance is less than $10) will be deducted.
🔹 Loss of bonus and promotional credits.
→ Any remaining bonuses will be automatically deleted when your account is marked as dormant.
🔹 Possibility of archiving.
→ If your balance is less than $10 and your account remains dormant for another 90 days, your account may be archived (effectively closed).
- If your balance is $0, no dormant fee will be charged.
❓ 4. Is there a way to prevent your account from becoming dormant?
Yes, you can prevent this by periodically performing actions to activate your account:
✔ Performing small transactions
✔ Performing deposit/withdrawal transactions
✔ Performing internal transfers between accounts
Any of these actions will remove your account from the dormant status.
*Simply logging in may not be enough to prevent dormancy.
❓ 5. Can I deactivate (reactivate) my dormant account?
Yes. Even if your account has become dormant, you can return it to an active account by doing the following:
🔹 Make a new trade, even if it’s a small amount
🔹 Make a deposit or withdrawal
🔹 Move funds via internal transfer
Performing these operations will reactivate your account.
However, any dormancy fees incurred during the dormant period or lost bonuses will not be refunded.
❓ 6. When are dormancy fees incurred?
A monthly deduction of 10 USD will be automatically deducted from your dormant account, or the remaining balance if it is small.
No fees will be charged if your balance is zero.
❓ 7. Can demo accounts also become dormant?
Demo accounts are not subject to dormancy determination or dormancy fees.
Only real accounts (actual trading accounts with funds) are eligible for dormancy.
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