LonghornFX
Longhorn FX
Longhorn FX is a platform for trading in the foreign exchange market, offering the opportunity to trade on price differentials. The broker provides a wide range of financial instruments, including currency pairs, CFDs on stocks, cryptocurrencies, metals, indices, commodities, and more.
Among the advantages of the broker are low commissions, round-the-clock support from professionals, a demo account with virtual funds for beginners and experienced traders, tight spreads, transparent pricing, secure trading, and a modern platform.
The broker has been awarded as the best forex broker and for its affiliate program. LonghornFX aims to provide traders with an independent trading experience regardless of their level of expertise.
The website offers an affiliate program, as well as an educational program with over 1000 articles and videos.
Unfortunately, the website does not specify licenses and official documents of the organization.
Website: longhornfx.com
Email: help@longhornfx.com
Also, an online chat is available on the site to contact support.
Websites owned by the broker: longhornfx.com, app.longhornfx.com.
This list is updated as new domains appear.
Trading Conditions of LonghornFX
The broker does not offer traditional account types for beginners or experienced traders. There are no minimum commissions, but the broker notes that it may charge a commission of $5. A minimum deposit of $10 is required to start trading.
Trading is available on the MT4 platforms for all types of operating systems and WebTrader.
LonghornFX offers:
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Leverage: 1:500
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Crypto pairs: over 36
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Stocks: over 73
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Currency pairs: over 55
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Indices: over 10
LonghornFX charges a $6 commission for each traded lot on all transactions.
Deposits and Withdrawals with LonghornFX
LonghornFX offers the following fund transfer systems:
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Bank cards,
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Bank transfers,
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Electronic payment systems,
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Crypto wallets.
For fund withdrawals, the company uses cryptocurrencies, processes the request, and executes the transaction on the same day, no later than 6 hours.
Minimum withdrawal amount in BTC = $10
Maximum BTC withdrawal amount = unlimited
No fees are charged for deposits and withdrawals.
Conclusion
LonghornFX, despite its claims of leadership, offers a wide range of advantages, including tight spreads, diverse assets and markets, competitive commissions and fees. Trading is available without restrictions using leverage of 1:500.
The absence of a minimum deposit for trading and a minimum withdrawal of $10 makes the platform even more attractive to traders. However, the lack of official documents, company history, information about owners, and licenses on the site raises certain doubts.