LonghornFX Review
LonghornFX is a well-established broker since 2020. LonghornFX has a headquarter in . LonghornFX to provide their Forex/CFD trading services to over 4 million clients.
Major Information
💲 Min Deposit $10
⚖ Max Leverage 1:500
💡 Min Position 0.01 lot
🌐 Website longhornfx.com
⌛ Year Established 2020
4.85/5
Company Information
🌐 Website
longhornfx.com
⌛ Year Established
2020
Features
Accepts US traders
📖 Free education
Account Information
Apart from the forex demo account, this broker offers Regular. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by LonghornFX is up to 1: 500. Meanwhile, you can open an account with a starting capital of $10.
Min Deposit
$10
Max Leverage
1:500
Spread
Fixed
Commission
$6
If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:
💲 Min Deposit $10
💡 Min Position 0.01 lot
🔢 Spread Fixed
📉 Scalping
🤖 Expert Advisors
💱 Hedging
🕛 Overnight interest rates (swaps)
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission $6
Instruments Traded
Besides lots of currency pair, LonghornFX also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil, Stocks, Indexes, Metals, Energies and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for Regular account, LonghornFX specifically provides it with the following instruments and leverage:
Forex
1:500
Gold & silver
1:500
Indexes
1:200
Metals
1:500
Energies
1:200
Crypto
1:100
Payment Methods
Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.
Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.
Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.
LonghornFX also provides payment with Crypto and Credit/debit cards
Trading Platforms
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
Hereby, LonghornFX offers you MetaTrader 4.
Customer Support
Do you have any question or find any trouble related to LonghornFX? If you do, you should reach LonghornFX's support to get the information that you need. Here is the detail of the broker's customer support:
Website Languages
Office Support
Email Support
Call Support
Chat Support
FAQ About LonghornFX
A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if LonghornFX is a good broker for you or not by reviewing the criteria. In general, LonghornFX provides trading service in Forex , Gold & silver , CFD , Oil , Stocks , Indexes , Metals , Energies and Crypto . As for the payment methods, you can choose between Wire transfer, Credit/debit cards, Crypto, Skrill and Neteller. The customer support is available via Email, Web form, Callback and Live chat.
The starting capital in LonghornFX is $10.
LonghornFX is regulated by None. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.
LonghornFX is a brokerage company offering trading services for clients since 2020 with offices in .
Aug 12 2022
Account Number: (4753xxx)
Jul 5 2022
Feb 1 2022
Jan 12 2022
Dec 16 2021
Nov 22 2021
