Longhorn FX reviews

Longhorn FX_logo Longhorn FX 5/10 (votes 2372)

On-line since: 2020
Country of origin: Saint Vincent and the Grenadines
Regulation: -
Payment options: Bitcoin, Instacoin, bank card
Minimum account size: $10
Minimum lot size: 0.01 lot
Leverage: 1:500
Spreads: 1.2

About company

The investment company LongHorn FX was established in 2020 in Saint Vincent and the Grenadines. At the time of writing, there are no regulatory bodies.

The main advantages of the broker: Straight Through Processing, which significantly speeds up and automates the trading process, guaranteed safe and reliable ECN broker trading platforms, low spreads on all traded assets, services based on transparency, innovation and efficiency that provide valuable trading experience, lightning-fast withdrawals, wide selection of over 150 tradable assets, 24/7 real-time support, transparent pricing, fast access to funds with same-day withdrawals and institutional grade liquidity providers. The broker is the winner of the following competitions: Forex Brokers Awards 2020 and Forex Awards 2020.

Trading conditions

The broker provides access to a single type of trading account - Live Account. A free demo account is also available for beginner traders to explore the world of online trading in real-life conditions. The following assets are available for trading with the broker: Cryptocurrency, Forex, Indices, Commodities, Stocks. To become a client of the broker, you must first download the MetaTrader 4 trading platform, register a trading account in the platform itself and replenish it with $10. The broker's clients can trade with leverage up to 1:500. Among other things, the company's website contains a knowledge base: technical analysis, video tutorials, educational course, and frequently asked questions. Those clients who do not want to trade directly can become members of the affiliate program. Marketing materials, analytics and other tools are provided free of charge. For each transaction of the attracted client, the partner receives $3.

Trading platforms

The broker provides its clients with free access to the popular MetaTrader 4 trading platform. A web terminal for trading through a browser and a mobile application are also available free of charge.

Technical support

The customer support service is available 24/7. Support handles all requests via email help@longhornfx.com or via the live chat window on the company website. You can also request a call back by providing your contact details.

Deposit/Withdrawal

Clients can deposit their trading account or withdraw profits in the following ways: Bitcoin, Instacoin, bank card.

Trader reviews

We managed to find quite a lot of reviews about this company. English-language reviews are similar to custom ones, because from site to site they are like two peas in a pod. Russian-language reviews are almost all negative. The main complaints: slow withdrawal of funds, lack of a regulatory body, one type of trading account and unprofessional technical support.

Broker Advantages

  • Educational materials
  • Low initial deposit
  • Affiliate program
  • MetaTrader 4

Broker Disadvantages

  • Lack of regulator
  • No bonuses
  • No contests for traders
  • One type of trading account

Conclusion

When choosing a broker for cooperation, each trader must independently check important indicators: the presence of a reliable regulatory body, the history of the company, trading experience, technical support qualifications, the behavior of company representatives in social networks, real trading conditions and truthful feedback from traders. This review is not advice or a call to action.

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