LonghornFX Review: Regulation, Spreads & Leverage
STP/ECN broker based in Saint Vincent and Grenadines with MetaTrader 4, a $10 minimum deposit and leverage up to 1:500.
- STP/ECN
- 1:500 Leverage
Your money is at risk
In this LonghornFX review
LonghornFX overview: what kind of broker is it?
LonghornFX is an STP/ECN forex and CFD broker based in Saint Vincent and Grenadines, founded in 2020. Yes.
Traders get MetaTrader 4, spreads from 0.0 pips, leverage up to 1:500 and a low $10 minimum deposit. New clients can also check the current Free Trading e-Book.
Tradable markets include Trade Forex, Cryptos, Indices and Stocks.
LonghornFX broker specifications
Company and regulation
| Broker | LonghornFX |
|---|---|
| Regulated by | Yes |
| Type of broker | STP/ECN |
| Country | Saint Vincent and Grenadines |
| Foundation year | 2020 |
| Website | Visit LonghornFX website |
| Website languages | English |
Trading conditions
| Minimum deposit | $10 |
|---|---|
| Maximum leverage | 1:500 |
| Minimum spreads | 0.0 pips |
| Base currencies | USD, EURO, GBP, Bitcoin |
| Tradable instruments | Trade Forex, Cryptos, Indices and Stocks |
| Hedging / scalping | Allowed |
| News trading | Allowed |
| Trading in public | Yes |
Bonus and promotions
| Current promotion | Free Trading e-Book |
|---|---|
| Welcome bonus | No |
| Standard no deposit bonus | No |
Contact details
| Telephone | Yes (Request a Callback) |
|---|---|
| help@longhornfx.com | |
| Fax | Not available |
| Head office | First Floor, First St Vincent Bank Building, James Street, Kingstown, St. Vincent and the Grenadines |
LonghornFX bonus
LonghornFX promotes a Free Trading e-Book for new traders. It is a simple way to test the broker's MT4 execution, spreads and withdrawal process before you add more of your own money.
How to claim the LonghornFX bonus
- Open a live account through the Visit Broker button.
- Verify your email, phone number and identity (KYC).
- Request the bonus from your client area or from support.
- Trade the required volume, then withdraw your eligible profit.
Bonus terms (required lots, time limit and withdrawal rules) can change at any time. Always read the latest conditions on the LonghornFX website before you claim.
LonghornFX pros and cons
Pros
- Regulated: Yes
- Free Trading e-Book for new traders
- Low $10 minimum deposit
- Spreads from 0.0 pips, STP/ECN execution
- MetaTrader 4 on every device
- Islamic accounts
- 5 deposit and withdrawal methods incl. crypto
Cons
- Bonus comes with trading-volume rules
LonghornFX account types
LonghornFX offers several account options so beginners and experienced traders can both find a fit. All live accounts start from a $10 deposit.
| Free demo account | Yes – practise with virtual money |
|---|---|
| Mini account | No |
| VIP account | No |
| Islamic (swap-free) | Yes – no overnight swap charges |
| Managed account | No |
| Segregated client funds | No |
LonghornFX trading platforms
LonghornFX runs on MetaTrader 4, which gives you advanced charts, more timeframes, an economic calendar and support for expert advisors. Web trading and mobile trading are both available.
LonghornFX deposit and withdrawal methods
The same 5 methods work for both funding and withdrawals, which makes cash-outs simpler because you can usually withdraw the way you deposited.
Banks and cards
Crypto
Is LonghornFX safe and legit?
LonghornFX is a regulated broker. Yes.
Our verdict on safety
LonghornFX is a legitimate licensed broker. Start small, test a withdrawal early and use sensible leverage.
About LonghornFX
LonghornFX: Forex and Crypto Trading for Everyone
LonghornFX has taken the online trading community by storm ever since its launch in 2020. Built on principles of transparency and reliability, this innovative online broker is dedicated to providing new and experienced traders with the best trading conditions available in the marketplace.
Combining aesthetically-pleasing website design with competitive spreads and low-commissions, LonghornFX is making trading more accessible than ever before. Clients can open long and short positions from the comfort of their own home via the Web Trader or Desktop App, or while they’re on-the-go through their mobile device, ensuring that they never miss out on those time-sensitive market movements!
Signing up to LonghornFX is easy; all you need to do is head over to and fill in the details required to register an account. Within a few minutes, new clients will be able to open their free trading account and start trading!
So what does LonghornFX bring to the table? Read on to find out:
Trade a Wide Variety of Assets
For traders who like a good deal of variety, LonghornFX ticks all the boxes. Traders gain access to an impressive range of financial markets through the MetaTrader 4 platform. Whether you prefer to trade Forex, Stocks, Cryptocurrencies, Indices or Commodities, LonghornFX provides the possibility to open positions on your preferred instruments through a single platform.
LonghornFX offers:
- Over 35 Cryptocurrency Pairs including BTC/USD, ETH/USD and more
- Over 55 Forex Currency Pairs including Majors, Minors and Exotics
- Over 60 Stocks including Apple, Ford, Tesla and Visa Inc.
- Over 10 Indices including NAS100, SPX500 and more
- A range of Commodities including Oil, Gas and Metals
24/7 Crypto Trading
Night owls will be delighted to hear that LonghornFX doesn’t just offer 24/5 trading on all Forex Pairs, but they also make weekend trading possible. Shake away those Sunday blues and start trading on all Cryptocurrency pairs - markets are open 24/7 with LonghornFX!
High-Leverage Trading
High-Leverage is the Holy Grail of trading, and with LonghornFX, traders get access to higher-than-average leverage settings. This allows traders to open larger positions that the funds in their account would traditionally enable, thereby creating the opportunity to generate more profits than ever before.
LonghornFX offers the following leverage settings for different instruments:
- Forex: 1:500
- Metals - 1:500
- Indices - 1:200
- Energy - 1:200
- Crypto - 1:100
- Stocks - 1:20
Speedy Crypto Deposits
Recognising the fact that every second counts in trading, LonghornFX has made the depositing process as efficient as can be. They offer various methods to fund your account, including via Bitcoin or Credit/Debit Card. Bitcoin deposits are by far the quickest way to fund your account, giving you fast access to the market so you can catch those pivotal chart movements.
Withdrawals Processed within 24 Hours
With LonghornFX, traders can withdraw funds from their trading account any time they choose. All requests will be processed by the team within 24 hours!
24/7 Support Available
For your ease of mind, the LonghornFX Customer Support Team is active 24/7. Trade with confidence knowing that a knowledgeable Support Agent is ready to help you with any issues you may encounter, using whichever communication method you prefer: Live Chat, Phone or Email!
With a minimum deposit of $10 and a wide variety of tradable assets to choose from, LonghornFX is the go-to broker for Forex and Crypto Trading. Sign up to today and create your free account!
Who should choose LonghornFX?
Good fit for
- Traders who want MT4 and raw spreads
- Bonus hunters testing a new broker
- Muslim traders needing swap-free accounts
- Scalpers, hedgers and news traders
Think twice if
LonghornFX FAQ
Is LonghornFX regulated?
Yes. Yes.
What is the LonghornFX minimum deposit?
The minimum deposit to open a live LonghornFX account is $10.
Does LonghornFX offer a bonus?
LonghornFX currently promotes a Free Trading e-Book for new traders. Bonus credit normally has trading-volume and withdrawal conditions, so read the latest terms on the broker's website before claiming.
What is the maximum leverage at LonghornFX?
Leverage goes up to 1:500. High leverage increases both potential profit and potential loss, so most traders use far less.
Which trading platform does LonghornFX use?
LonghornFX uses Download MT4 for Windows, Web Trader, Download MT4 Android, Download MT4 iOS.
Does LonghornFX offer Islamic swap-free accounts?
Yes. Islamic swap-free accounts are available, along with accounts.
How can I deposit and withdraw at LonghornFX?
You can use Wire Transfer, Credit Card, Debit Card, MasterCard and Bitcoin.