What is LonghornFX?
Broker overviewLonghornFX is an STP / ECN forex broker founded in 2020 and based in Saint Vincent and Grenadines. It offers trade forex, cryptos, indices and stocks on Download MT4 for Windows, Web Trader, Download MT4 Android, Download MT4 iOS.
LonghornFX is regulated by Yes. Its listed office is First Floor, First St Vincent Bank Building, James Street, Kingstown, St. Vincent and the Grenadines.
This review explains what you actually get: how safe the broker is, what trading costs look like, how deposits and withdrawals work, what the LonghornFX bonus offers, and who the broker suits best.
- ✓Regulated since 2020 by Yes.
- $Cost to start: $10 minimum deposit and spreads from 0.0 pips.
- ⚡Flexible trading: leverage up to 1:500, hedging, scalping and news trading allowed.
- %Bonus: no welcome bonus listed, no no-deposit bonus.
Our short verdict
LonghornFX stands out for its Yes licence, a very low $10 minimum deposit and tight spreads from 0.0 pips. The main thing to watch: no no-deposit bonus.
More 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!
Is LonghornFX safe and regulated?
LonghornFX is supervised by 1 authority. Our listing shows these licences:
| Regulator | Region | What it means for you |
|---|---|---|
| Yes | — | Licence listed for this broker. |
Before you sign up, check which LonghornFX company will hold your account, because protection levels can differ between regions.
LonghornFX account types and trading conditions
These are the main trading conditions listed for LonghornFX. It offers Islamic accounts.
| Feature | LonghornFX |
|---|---|
| Minimum deposit | $10 |
| Minimum spreads | 0.0 pips |
| Max leverage | 1:500 |
| Execution | STP / ECN |
| VIP accounts | No |
| Mini accounts | No |
| Swap-free (Islamic) | Yes |
| Managed accounts | No |
| Free demo account | Yes |
| Strategies allowed | Hedging, scalping, news trading |
LonghornFX trading platforms
LonghornFX supports Download MT4 for Windows, Web Trader, Download MT4 Android, Download MT4 iOS. MetaTrader 4 remains the favourite for forex and Expert Advisors.
Web and mobile trading
Web trading: Yes. Mobile trading: Yes. Markets available: Trade Forex, Cryptos, Indices and Stocks. The website is available in English.
LonghornFX deposit and withdrawal methods
LonghornFX accepts these deposit methods:
- Wire Transfer
- Credit Card
- Debit Card
- MasterCard
- Bitcoin
Withdrawals use the same methods as deposits.
Accounts can be held in USD, EURO, GBP, Bitcoin. Choosing the currency you deposit in avoids conversion fees. Your account must be verified (ID and proof of address) before the first withdrawal.
LonghornFX bonus and promotions
These are the promotions listed for LonghornFX:
Promotion offered by LonghornFX. Check the broker's terms for trading volume and withdrawal conditions.
LonghornFX no deposit bonus: LonghornFX does not offer a no deposit bonus. See our up-to-date list of forex no deposit bonus offers. Every offer has volume and time conditions, so read the terms first.
LonghornFX pros and cons
Pros
- Regulated by Yes (since 2020)
- Very low $10 minimum deposit
- Spreads from 0.0 pips
- MT4, Web trading
- Hedging and scalping allowed
- News trading allowed
- Islamic accounts
Cons
- No no-deposit bonus
- Very high 1:500 leverage greatly increases the risk of loss
- Trading terms can differ by region and group entity
How to open an LonghornFX account
- RegisterClick "Visit Broker" and fill in your name, email, country and password.
- Verify your profileUpload a passport or ID card and a recent utility bill or bank statement.
- Choose an accountPick the account type, base currency and leverage that suit you.
- Fund and claim the bonusDeposit from $10 and opt in to the promotion if your region qualifies.
- Start tradingLog in to MT4, Web. Practise first on a free demo account.
LonghornFX customer support and contact
These are the contact details we have on file for LonghornFX:
LonghornFX review FAQ
Is LonghornFX a regulated broker?
What is the LonghornFX minimum deposit?
Does LonghornFX offer a no deposit bonus?
What is the maximum leverage at LonghornFX?
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Is LonghornFX good for beginners?
Final verdict: should you trade with LonghornFX?
LonghornFX scores 4.0 out of 5 in our review. Its strongest points are its Yes licence, a very low $10 minimum deposit and tight spreads from 0.0 pips. Keep in mind: no no-deposit bonus; very high 1:500 leverage greatly increases the risk of loss.
If your main goal is a free no-deposit bonus, LonghornFX is not the right fit. Compare it with other options on our best forex brokers page before deciding.