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.

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.

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.

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.

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:

• Forex: Over 55 currency pairs, including EURUSD, AUDUSD, GBPJPY, etc.
• Cryptocurrencies: 10+ digital asset pairs
• Indices: More than 10 stock indices for diversification
• Commodities: Gold, Silver, Platinum, and CFDs on Crude Oil
• Stocks: 73+ stocks of large companies from around the world

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%.

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: 3.0 out of 5 with only 4 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.