LandPrime(Land-FX): Thorough explanation of dormant accounts, withdrawal method (cancellation), and re-registration opening

Land-FX

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-FX dormant accounts and their handling

First of all, a dormant account refers to an account that has been abandoned for a long time. Please note that if your balance is less than 1,000 yen and there are no transactions for more than a month, your account will be temporarily disabled. Once the account is invalidated, you will no longer be able to make deposits or withdrawals, as well as trading. However, a deactivated account can be reused by contacting the support center. Dormant does not charge account maintenance fees.

About Land-FX account cancellation and its conditions

To begin with, Land-FX’s user interface does not have a cancellation procedure screen. Therefore, users cannot cancel their membership on their own. Therefore, you must contact the support center to cancel your membership. There are no maintenance fees for the account, so although some people may leave it alone, it is better to cancel your account. Please check the following points before canceling your account. Cancellation can be completed in a few days. The quality of the service is high, so customers can withdraw the company’s profits for free, regardless of the reason.

account balance

Please make sure your account balance is zero. If you have a balance in the first place, you will not be able to cancel your contract, so you will be notified by the management. Even if you log in, do not add anything from the funds page, and withdraw all of your investment funds from the target account without leaving any behind. Currently, you can transfer funds to a domestic account by clicking on the management screen. Check the contents of the contract. To avoid large amounts of trouble, stop trading on the platform.

Position settlement

When you have a position in foreign exchange or index, be sure to settle using MT. Please settle this later, whether it is a loss cut or a profit. After that, please make sure to complete the withdrawal. From my experience, there is a possibility of forgetting to make a payment when using automatic trading, so be sure to prepare for withdrawals in advance.

For demo account

Demo accounts will be automatically deleted if left unused for one month. Therefore, there is no need to cancel your membership. Even if multiple options are provided, it is OK to leave them as is. If you wish to use it, you can apply again. If you forget your password, you can set it up again.

Is it possible to re-register an account on Land-FX?

The operating company also accepts re-registration. However, all history will be deleted and everything will be re-registered, so investors will have the same information, but they will need to enter new information and submit new identification documents. Please also check the terms of use in advance. Tools such as MT can be used in the same way on the official website. We also have a financial license, so there are no issues with safety or reliability.

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