LHFX Broker Review 2025

LHFX is a forex broker with a low minimum deposit of $10 and 2 accounts [Standard ECN, Demo]. It provides decent features and benefits, such as leverage up to 1:500 and 24/7 support. Also, it enables clients to use MT4 copy trading.

The LHFX broker operates under two regulatory authorities: the FSC of Mauritius and the FSCA of South Africa. It is worth noting that the broker does not have any branches providing services to residents of European countries.

Company Information & Regulation Status

Founded in 2021 and formerly known as "LonghornFX",LHFX operates based on two entities. One of them is registered under the legal name "Longhorn Ltd", a company regulated by the Financial Services Commission (FSC) of Mauritius, holding Investment Dealer license number GB23202204, Code SEC-2.1B.

The Mauritius office is located at Suite 102, 1st Floor, Sterling Tower, 14 Poudriere Street, Port Louis, Mauritius.

The other entity is a "Financial Service Provider" (FSP) company regulated by the Financial Sector Conduct Authority (FSCA) of South Africa, with the license number 52816.

The South Africa office address is 73 Richard’s Park, Fife Street, Sandton, Johannesburg, Gauteng, 2090.

Here are all important details you need to know:

LHFX Summary of Important Features

There are common parameters with different values shared among Forex brokers. Key Features in LHFX:

Trading Account Specifics

LHFX keeps things simple with only one live account type, which is introduced as a Standard ECN account. This means that the broker provides quotes directly from its liquidity providers, and its source of income is the trading commission.

The minimum required amount for deposits is $10. Leverage goes up to 1:500, with details as follows:

• Forex and Metals: 1:500
• Indices: 1:200
• Crypto: 1:100
• Energies: 1:50
• Stocks: 1:20

Furthermore, trading techniques such as scalping, hedging, and EA trading are allowed.

Besides, there is a demo and an Islamic account available with the broker. The latter comes with no swap fees, but an administrative fee is charged instead.

The lack of various trading accounts is a drawback that's not found in most other brokers.

Key Benefits and Critical Drawbacks

Every Forex broker has its strengths and weaknesses, and there is no perfect one. Let's weigh the pros and cons of LHFX:

How to Sign Up and Verify on LHFX

Getting started with this broker might be a bit more complex than you would expect. Here's a quick rundown of the LHFX registration process.

#1 Start with Personal Information

Visit the LHFX homepage and locate the registration form. Provide the following details:

• First and last name
• Email address
• Date of birth
• Gender
• Secure password

Then, agree to the terms and conditions and click Sign Up to continue.

#2 Verify Your Email Address

Check your inbox for an email from LHFX. Click the verification link included to activate your trading account.

#3 Access Your Trading Dashboard

After email confirmation, return to the LHFX site and go to the Sign In page. Use your registered email and password to log in. You’ll now be able to explore your personal dashboard and begin trading.

#4 Verify Your Identity

For identity verification after opening your account with the broker, upload the necessary documents and complete your personal details in the profile.

Trading Platforms and Applications

LHFX keeps it classic with the industry-standard MetaTrader 4 (MT4) platform. Here's what you can expect:

• User-Friendly Interface: MT4's intuitive design suits both novices and pros.
• Automated Trading: Support for Expert Advisors (EAs) and custom indicators
• Accessible: Available through the web, Windows, Android, and iOS

Download the platform for your mobile phones through these links:

While some traders might miss the option of more modern platforms, MT4's reliability and widespread use make it a solid choice. Nevertheless, the absence of various choices is a drawback. You can access a list of MetaTrader 4 indicators by clicking on the provided link.

Spreads And Commissions Investigation

When it comes to trading costs, LHFX performs well. The broker is mostly better than its competition in commissions:

• Floating market spreads depending on the liquidity providers
• $6 per lot for trading commission
• No costs for deposits and withdrawals

For accounts open for at least 180 days with no trades in the past 30 days and no deposits in the past 90 days, a monthly inactivity fee of $10 will be deducted.

It's worth noting that the spreads can widen during periods of high volatility. The absence of fixed spreads might be a drawback for traders who prefer more predictable costs.

Fee at LHFX

Trading overnight at LHFX incurs roll-over charges that are automatically applied at 00:00 UTC, reflecting the interest rate differential of the underlying assets plus the broker’s markup.

Below are key swap-related points you should know, drawn from their official agreement and disclosures:

• Standard swap/roll-over is charged when holding positions overnight; clients pay or receive depending on direction and currency pair;
• The broker explicitly states that swap-free / Islamic accounts are available, meaning no swap will be charged for eligible clients under that account type;
• Swap rates are instrument-specific and may vary daily according to underlying markets and funding costs.

Non-Trading Fees at LHFX

LHFX clearly outlines its non-trading fees within its official Terms and Conditions. The broker applies a specific inactivity fee while maintaining a zero-fee policy for both deposits and withdrawals.
These charges are transparent and structured to encourage account activity without hidden costs.

Here are the main non-trading fee details:

• A $10 inactivity fee applies if the account has been open for at least 180 days, with no deposits in the last 90 days and no trades in the last 30 days;
• The inactivity fee is deducted sequentially; first from the client’s USD vault, then other currency vaults, and finally from trading account balances if required;
• LHFX reserves the right to revise its non-trading fee structure and deduction methods at its discretion.

LHFX Deposit & Withdrawal Methods

This broker takes a strict approach to payments for its clients. The only option you have here is Bitcoin [BTC], which is done through these ways:

• Blockchain Network transactions to/from your digital wallet
• Instacoin

The latter actually lets you buy BTC with a fiat currency, then transfers the bought assets to your account in the broker. The lack of other payment options that exist in its competitors is disappointing.

Deposit Methods at LHFX

LHFX currently supports cryptocurrency-based deposits only, offering two secure Bitcoin funding options. Both methods allow clients to deposit quickly and with zero internal fees.

Funds are automatically credited once the required blockchain confirmations are completed, ensuring transparency and efficiency.

Below are the supported deposit methods and their key details:

Withdrawal Methods at LHFX

LHFX offers cryptocurrency-based withdrawal methods, specifically Bitcoin. The broker emphasizes rapid processing times and transparent policies to ensure a seamless experience for clients.

It's important to note that LHFX does not support traditional fiat withdrawal methods such as credit/debit cards or bank transfers.

Below is a detailed overview of the available withdrawal method and its key parameters:

Does The Broker Offer Any Investment Options?

Although LHFX does not directly offer any investment programs for earning passive income, its trading platform does. Clients can choose from a variety of signal providers and duplicate their strategies and trades.

This way, they earn passive income via the broker. Also, customizations and performance monitoring are available.

Which Markets are Available on LHFX?

This broker offers a relatively low number of tradable assets, but in various categories. In total, five asset classes are available:

Overall, you will find more than 140 symbols to trade on the mentioned brokerage.

Bonuses and Promotions

Based on our investigations on the website and official sources, and as of the latest information available, LHFX does not currently offer any bonuses or promotions to its clients.

However, it provides access to an affiliate program, which serves as a type of promotional offer. Users can earn up to $5 per lot commission based on a 5-tier structure, with access to a dedicated 24/7 support team. The broker states that it has over 14,000 registered partners with an average conversion rate of 27%.

LHFX Awards

LHFX is an award-winning broker that has been recognized for its excellence in various aspects of online trading. The company has received accolades for its trading platform, customer service, and overall performance in the financial industry.

These LHFX Awards highlight LHFX's commitment to providing top-notch services to its clients.

Some of the notable awards are:

• Best Forex Trading Platform 2024
• Best CFD Broker 2023
• Best Affiliate Program 2023
• Best Newcomer 2020
• Best Forex Broker 2020

Support Contact Methods And Opening Hours

Customer support is a crucial aspect of any broker's service. LHFX tries to provide comprehensive assistance, but is it successful in this attempt? Contact Channels:

• Live Chat: A quick and convenient way to get answers, available on the website
• Email: For more detailed inquiries or documentation needs, via help@lhfx.com
• Call Back: Fill out a form on the website and wait for the support team to call you

The company states on its website that it provides customer service 24/7. The availability of support around the clock is a plus, especially for a broker catering to a global clientele across different time zones.

We attempted to get in touch with LHFX's support department; the agent was actually helpful and responded pretty quickly.

However, the absence of a contact phone number might be a drawback for some traders who prefer calling rather than waiting for a call.

LHFX Broker Availability: Which Countries Are Restricted?

This company, like many online brokers, has restrictions on providing services to residents of certain countries. However, based on the information provided and our chats with the support team, no explicit list of restricted countries is provided.

The company states that it is the client's responsibility to ensure that his/her activities comply with the local regulations. Nevertheless, we reckon that traders from these countries are not welcome at LHFX:

• Cuba
• Iran
• Iraq
• Myanmar
• North Korea
• Pakistan
• Afghanistan
• Yemen

Trust Scores & User Evaluations

Trust scores and user reviews provide valuable insights into a broker's reputation. These ratings are found on specific websites, including Trustpilot, REVIEWS.io, etc. For LHFX:

• Trustpilot: 4.1 out of 5 with 18 reviews

• LHFX ForexPeaceArmy: 3.8 out of 5, based on 60+ user ratings

• ScamAdviser: 78/100 Trustscore

Overall, the brokerage does not have many reviews across the web; however, the ratings on FPA indicate a general satisfaction among LHFX's users and clients.

Available Education Content and Guides

LHFX offers an "Academy" page on its official website aimed at enhancing traders' knowledge and skills.

Based on our investigations, this page consists of three sections:

• Trading Analysis: More than 2250 articles with detailed daily analysis of markets
• Guides: 3 videos on payment methods
• Education: 10 articles on topics such as Forex market trading, crypto, MetaTrader 4, etc.

LHFX Compared to Other Brokers

Here's a comprehensive comparison between LHFX and its peers:

Conclusion And Final Words

LHFX is a Forex broker with attractive benefits such as leverage up to 1:500 and a $6 commission. Moreover, a low minimum deposit of $10 is affordable for everyone.

However, FSCA, its regulating authority, is not a top-tier one, and the number of tradable assets is relatively lower than some other brokers.