What is LonghornFX?
LonghornFX is a forex and CFD broker based in Saint Vincent and Grenadines, listed with a foundation year of 2020. It offers leverage up to 1:500, spreads from 0.0 pips and a minimum deposit of $10. Clients trade on Download MT4 for Windows, Web Trader, Download MT4 Android, Download MT4 iOS and on mobile.
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!
Is LonghornFX safe and regulated?
LonghornFX is regulated by Yes. This is an offshore regulator. It sets capital and reporting rules, but its investor protection is lighter than tier-1 regulators such as the FCA (UK), CySEC (Cyprus) or ASIC (Australia), and there is usually no investor compensation scheme.
Offshore regulation is also the reason the broker can offer leverage up to 1:500 and trading promotions, which tier-1 regulators restrict for retail clients.
Safety checklist before you deposit
- Find the licence number on the broker's website and check it on the regulator's official register.
- Check that client funds are held in segregated bank accounts.
- Make a small first deposit and test a withdrawal before you add more.
- Confirm negative balance protection applies to your account type.
LonghornFX account types
The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $10 minimum deposit.
| Account | Best for | Available |
|---|---|---|
| Mini account | Beginners trading small lot sizes | No |
| VIP account | High-volume traders wanting raw spreads | No |
| Islamic (swap-free) | Traders who need no overnight interest | Yes |
| Managed account | Investors who prefer a money manager | No |
Trading platform and conditions
LonghornFX provides Download MT4 for Windows, Web Trader, Download MT4 Android, Download MT4 iOS, so you can trade from any browser without installing software. Mobile trading is supported as well.
- Scalping and hedging are permitted, which suits short-term and EA-style strategies.
- News trading is allowed during high-impact economic releases.
- Spreads from 0.0 pips are available on raw pricing, with a commission per lot.
- Leverage up to 1:500 gives large position sizes from a small deposit, which also raises the risk of fast losses.
Deposits and withdrawals
LonghornFX supports 5 funding methods, including Wire Transfer, Credit Card, Debit Card, MasterCard, Bitcoin. Accounts can be held in 4 base currencies (USD, EURO, GBP, Bitcoin), which helps you avoid conversion fees.
LonghornFX bonus: No
How the promotion works
The current LonghornFX promotion is No. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the LonghornFX website before you trade for it.
Check the promotionLooking for free trading credit instead? Compare the latest forex no deposit bonus offers and forex deposit bonuses.
LonghornFX pros and cons
Pros
- High leverage up to 1:500
- Raw spreads from 0.0 pips
- Scalping and hedging allowed
- News trading allowed
- 5 deposit methods including crypto
- Low minimum deposit of $10
Cons
- Only offshore regulation
- No investor compensation scheme
How to open a LonghornFX account
- RegisterVisit the LonghornFX website and sign up with your name, email and phone number.
- Verify your identityUpload a passport or national ID and a recent proof of address (KYC).
- Choose an accountPick Islamic or a standard account, and your base currency.
- Fund the accountDeposit at least $10 with Wire Transfer, Credit Card, Debit Card or another method.
- Start tradingLog in to Download MT4 for Windows, Web Trader, Download MT4 Android, Download MT4 iOS or the mobile app and set your risk per trade.
Is LonghornFX a good broker? Our verdict
LonghornFX suits active traders who want high leverage, raw spreads, freedom to scalp or trade the news, plus a wide choice of payment methods. The main trade-off is regulation: an offshore licence gives less protection than a tier-1 regulator. Start small, test a withdrawal, and only trade money you can afford to lose.