LonghornFX Review


LonghornFX is a well-established broker since 2020. LonghornFX has a headquarter in Saint Vincent and Grenadines. It is are generally well-suited for LonghornFX to provide their Forex/CFD trading services to global clients.


Simple yet detailed information upon this broker can be seen below.


Company Information

Website
longhornfx.com

Established
2020

Country
Saint Vincent and Grenadines

Regulation

Features

Free education

Affiliate program

US traders are welcome



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

If you want to look for further information about this broker's offered account(s), please take a look at the list below.


Minimum Deposit

$10

Maximum Leverage

1:500

Spread

Fixed

Commission

$6


Minimum Deposit $10

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

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 Cryptocurrencies 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.


Forex
1:500

Gold & silver
1:500

Indexes
1:200

Metals
1:500

Energies
1:200

Cryptocurrencies
1:100

Payment Methods

Bitcoin : As a payment method, Bitcoin is reliable for its low cost and quick process. Brokers have been integrating Bitcoin as one of their funding methods especially after the cryptocurrency's rise in popularity. Now, traders who have digital wallets can easily transfer their funds to and from their trading accounts.

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.

LonghornFX also provides payment with 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

English

Office
Support

Email
Support

Call
Support

Chat
Support



FAQ About LonghornFX

Is LonghornFX a good broker?

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 Cryptocurrencies . As for the payment methods, you can choose between Bitcoin, Credit/debit cards and Wire transfer. The customer support is available via Callback, Email, Live chat and Web form.


What is the minimum deposit for LonghornFX?

The starting capital in LonghornFX is $10.


Is LonghornFX regulated?

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.


Is LonghornFX legit?

LonghornFX is a brokerage company offering trading services for clients since 2020 with offices in Saint Vincent and Grenadines.


Give Your Review and Rate This Broker



4 Reviews


John Martin

Apr 3 2021

Been using these guys the past several months. 

Good selection of assets and they have 24/7 Crypto trading a must for me as I'm big on trading Crypto. Fast withdrawals another plus .

Can recommend them .

Peter Lanceley

Mar 25 2021

All round solid broker. Lots of markets to trade, fast withdrawals and you can trade Crypto on a weekend.

Leon Delgaudio

Jan 28 2021

Been with LonghornFX for about 7 months now and I'm impressed. Only $10 minimum deposit which I like as you get to test the broker out to see how they are. LonghornFX has everything to trade from Forex all the way to Crypto. I would highly recommend LonghornFX for anybody looking for a new broker.

Clive Owen

Jan 6 2021

Have been live with this broker for about 6 months and had been pretty solid so far. 

The ability to deposit and withdraw in BTC has allowed me to profit nicely through the BTC boom this year. BTC wthdrawals usually arrive in my account in under 2 hours which is much faster than the usual 5 day bank transfer. 

Spreads are average but are also fixed so you know how entry is going to go. 

I've been using them through mt4 and have never had any problems executing trades. 

All in all moved to this broker for the crypto trading but has become my main trading account for fiat too. Haven't dealt with customer support but broker has been solid so far.