If you want to buy and sell assets online, you will need to find a reliable trading platform that meets your investing goals. You’ll need to ensure the platform offers low fees, heaps of tradable assets, and a top-notch customer support team.
LongHornFX – an online forex and CFD trading platform, claims to meet the aforementioned requirements.
You’ll be able to buy and sell a full range of financial instruments – including but not limited to stock CFDs, indices, hard metals, cryptocurrencies, and of course – forex pairs. Best of all, you will have access to leverage facilities of up to 1:500, which is huge.
But, is the broker right for your trading needs?
In this LonghornFX review, we cover the platform from top to bottom. This includes key metrics surrounding fees, commissions, payments, support, and more.
What is LonghornFX?
LonghornFX is an online trading platform that offers a variety of financial instruments. This covers forex, cryptocurrencies, commodities, stocks, and indices. Each asset class is traded via a CFD instrument, meaning that you will have the capacity to place both buy and sell positions.
You will also have access to leverage, which stands at a whopping 1:500. LonghornFX allows you to trade via the hugely popular third-party platform MetaTrader4 (MT4).
This will be of interest to those of you that want access to heaps of technical indicators, chart drawing tools, and the ability to deploy automated trading robots. The MT4 platform can be accessed online, via desktop software, or through a mobile application.
In terms of fees, LonghornFX claims to offer ultra-competitive spreads and commissions. Regarding the latter, this stands at a flat rate of $6 per traded lot.
When it comes to funding, you can deposit and withdraw funds with a debit or credit card, which is facilitated by an external payment processor. This will, however, be converted to Bitcoin and then sent to…