Established in 2020, LHFX (formerly LonghornFX) is a forex broker headquartered in Mauritius and operates under the regulation of the Financial Services Commission (FSC) of Mauritius and the Financial Sector Conduct Authority (FSCA) of South Africa. With a focus on providing a streamlined trading experience, LHFX offers access to a range of trading instruments including forex, commodities, and cryptocurrencies. The broker operates using an ECN model, ensuring direct access to market liquidity and transparent pricing. While it is regulated, prospective traders should exercise caution due to the varying levels of oversight and lack of negative balance protection available in some jurisdictions.
LHFX specializes in CFD trading through the widely-used MetaTrader 4 platform, which offers essential tools for traders. The broker’s services include competitive spreads starting from 0.3 pips and customizable leverage up to 500:1. Customer support is available 24/7, offering assistance primarily in English through live chat, email, and a helpdesk system. Although LHFX provides a straightforward trading environment, its limitations in educational resources and available payment methods (primarily Bitcoin) may deter some traders. Overall, LHFX is suitable for those seeking a simple forex trading experience with fast execution and responsive customer service.