LonghornFX broker review
On this page, we review the longhornfx broker, the LonghornFX broker offers users the only Islamic account and MT4 ECN account that traders can use. To get more information about the Longhorn FX broker, stay with us. Be.
| Broker name | LonghornFX |
| Established year | 2020 |
| Spread rate | average |
| Central office | Saint Vincent and the Grenadines |
| Regulation | - |
| Minimum deposit | 10 $ |
| The easiest way to deposit and withdraw | Bitcoin |
- LonghornFX Broker Review Summary Table
Cent Account
Copy Trading
Spread Reduction Trick
Islamic Account
Permission To Trade Scalping
What you will read on the LonghornFX broker page:
- longhornfx broker review video
- What is longhornfx?
- longhornfx broker credit
- Where is the head office of longhornfx Broker?
- longhornfx broker history
- Table of introduction and comparison of account types in longhornfx broker
- The amount of spread in the longhornfx broker
- Islamic account in longhornfx broker
- Deposit and withdrawal in longhornfx broker
- longhornfx broker bonuses
- Necessary documents for identity verification
- longhornfx broker trading platforms
- longhornfx copy trading broker
- Advantages and disadvantages of longhornfx broker
What is LonghornFX?
Long horn fx is the name of one of the active brokers in the forex market, which is considered a good option for people who want to open an account anonymously in a broker without verifying their identity because authentication in this broker does not require providing particular documents. Also, among other excellent features of this broker, we can mention strong and active support 24 hours a day.
longhornfx broker credit
When you, as a trader, intend to check a broker in terms of credibility, you should check that the broker you are considering is under the supervision of which regulatory organization or organizations, whether the broker in question has a high history or is a newly established broker. If your chosen broker is regulated and has a high history, Miran has more credibility than others; longhorn fx broker is unregulated and started its activity in 2020.
longhornfx broker rules
Unfortunately, longhornfx broker is not under the supervision of any regulatory organization.
Where is the head office of longhornfx broker?
Long Horn FX broker headquarters is located in Saint Vincent and the Grenadines.
How many years of experience does longhornfx broker have?
The long horn fx broker started its activity in 2020 and did not have much history.
Table of introduction and comparison of account types in longhornfx broker
| Profile / account name | MT4 ECN |
|---|---|
| Minimum deposit for opening | 10 $ |
| Spreads | Starting from 0.6 |
| Commission | $6 per lot trade |
| Maximum leverage | 1:500 |
| Ability to trade currency pairs | Yes |
| Ability to trade stocks and indices | Yes |
| Possibility of digital currency trading | Yes |
| Scalp permission | Yes |
| Permission to use Expert | Yes |
As you can see in the table above, the Long Horn FX broker offers users only one trading account, which we will examine in detail below.
Opening an MT4 ECN account in long horn fx broker
If you use Bitcoin to open an account and deposit in the long horn fx broker, the minimum deposit is $10, and if you use instacoins, the minimum deposit is $50. You can use this account with a maximum leverage of 1:500, as well as a variety of strategies such as using scalp and expert, the spread of this account starts from 0.6 pips and has 6 dollars per lot trade.
longhornfx broker spread
Although the amount of spread in the long horn fx broker is floating and changes, in general, the spread in this broker can start from 0.6 pips.
longhornfx broker Islamic account
By providing an Islamic account to its users, long hornfx broker allows Muslims to trade in the market while being loyal to their faith and religion. There is no need to pay interest or overnight interest in this account, and traders Muslims can work with this broker without any worries.
How much deposit can you open a real account in longhornfx broker?
The amount of the minimum deposit to open an account in the long horn fx broker depends on the method of depositing money in this broker; in fact, the minimum deposit to open an account using bitcoin is 10 dollars, but if you want to deposit with instacoin You must deposit at least $50 to your account.
Deposit and withdrawal in longhornfx broker
The longhorn fx broker offers users only two methods of using bitcoin and instacoin and does not support any other method for depositing. Also, the only withdrawal method in this broker is using bitcoin.
longhornfx broker bonus
At the moment, no bonus or incentive plan is offered to users in the long horn fx broker.
What documents are required to verify identity in longhornfx broker?
One of the excellent advantages of longhorn fx broker is that you do not need to provide particular documents for authentication to support this broker. This is an excellent feature and option for traders who, for whatever reason, want to spend time completing the authentication process. They do not have an identity.
Tradable assets and trading in longhornfx broker
Many tradable symbols exist in Long Horn FX broker, including digital currencies, currency pairs, indices and stocks, etc. You can view all these symbols by entering the main website of this broker.
longhornfx broker trading platforms
The only trading platform that can be used in longhornfx broker is the Metatrader 4 trading platform, which you can download and use using the links below.
MetaTrader 5
MetaTrader 4
longhornfx broker Copy trading
The longhorn fx broker currently does not support the very attractive copy trading system. In fact, the possibility of copying transactions and taking advantage of other traders’ transactions is not active in this broker. This issue can be considered one of the disadvantages of the long horn fx broker. Because in recent years, the copy trading system has created many earning opportunities for traders and even people unfamiliar with the financial market, but due to the lack of provision of this system in the long horn fx broker, users cannot use it.
longhornfx broker scam
So far, users have not provided us with any reports of fraud or abuse of the long horn fx broker by traders. Still, upon receiving any report of violations by this broker or other brokers, we will inform the audience of our website.
Advantages of longhornfx broker
- Having very strong support 24 hours a day, seven days a week
- The possibility of trading without the need for authentication
Disadvantages of longhornfx broker
- Not having a rule
- Little history
- Not having a copy trade system
- Lack of diversification of trading accounts
- Limited deposit and withdrawal methods
