LHFX Review 2025:
All you need to know

Account types

• MT4 ECN: Through the only type of account offered by LHFX, traders operate under an ECN model, with access to Forex pairs, cryptocurrencies, commodities, indices, and stocks. It offers customizable leverage levels of up to 500:1. Traders have the option to choose the currency of their account denomination among USD, EUR, and GBP. Trading can be done in lot sizes starting from 0.01 lots. They face a model that includes spreads and a commission. The commission is $6 per lot per round turn. Swaps are charged.

• Demo Account: LHFX offers demo accounts.
• Islamic (Swap-Free) Account: LHFX offers Islamic (Swap-Free) accounts that can be opened through the client portal. This account has the particular feature of not charging swap fees. Instead, an administration fee is applied.

Depositing ease

LHFX accepts only one method for making a deposit: Bitcoin. This cryptocurrency is globally recognized and increasingly used. However, the fact that this is the only available option is an important limitation, especially compared to other brokers that not only offer Bitcoin but also a greater diversity of methods, including various fiat and cryptocurrencies.

• Minimum deposit: The MT4 ECN account requires a minimum deposit of $10.
• Currencies accepted for deposits (and withdrawals):
  • Cryptocurrency: Bitcoin.
• Processing times:
  • Deposits at LHFX take a few minutes to be credited. During our review, from the moment the order to withdraw the funds from the wallet was placed until it was credited in LHFX, less than two hours passed.
• User Experience:
  The deposit process is straightforward and quick. It's important to be somewhat familiar with transferring cryptocurrencies and to know the basic questions to avoid any issues.
  The fact that deposits can only be made with Bitcoin is not just a limitation regarding methods; it also means having to convert from any other cryptocurrency to BTC. This conversion can come with associated transfer costs and requires moving to a currency with higher volatility than a stablecoin.
  Once the conversion to BTC is completed, the process can begin: from the client portal, the trader initiates the deposit process. They then enter the information in their wallet and approve the transfer. During our review, it took less than two hours for the funds to be credited to the account. It was a quick and simple process, with no issues arising.

Withdrawal ease

Bonuses and promotions

LHFX states that it does not offer bonuses at the moment. However, during our review, we received a “Welcome Bonus” of up to $100, released as we trade, rewarding $1 for every 1 lot traded.

LHFX also has an affiliate program that provides the opportunity to earn commissions by referring traders to the broker. Clients can earn $4 per lot traded by any referred client, with no cap on volume or referrals.

LHFX operates under the ECN model, which means that orders are routed directly to top-tier liquidity providers, ensuring faster transactions and reliable execution. This process is carried out through the popular MT4 platform, available for desktop, mobile, and WebTrader. There are more than 150 instruments to trade, with a high level of leverage and excellent execution quality. The trading experience is one of the most notable qualities of the broker.

Assets and instruments

LHFX offers a range of tradable CFDs instruments across multiple asset classes, including:

• Forex: 55
• Commodities: Metals 4 and Energies 2
• Indices: 10
• Cryptocurrencies: 25
• Stocks: 77
• Futures: 1

Lot sizes

The minimum lot size is 0.01 lots, which allows for better margin control and flexibility in risk management.

Leverage

LHFX offers a single type of account, where you can choose the currency (EUR, GBP, or USD) and the level of leverage, ranging from 25:1 to 500:1. This way, you can have multiple trading accounts with different settings.

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

Execution quality

LHFX uses an Electronic Communication Network (ECN) model, which means that traders interact with a transparent entity without an intermediary, and the broker is not the counterparty. Under this model, brokers generate revenue by adding points to the spread and by charging a commission. Liquidity is provided by top-tier providers. Traders can use different types of orders, such as market, limit, and stop orders. For more advanced capabilities, traders need to use Expert Advisors, as the only platform available is MetaTrader 4.

User Experience: During our review, all orders were executed properly at the requested price, experiencing minor slippage in both directions. The spreads in Forex, commodities, and indices were seamless and within the expected parameters. Execution speed was fast, with no requotes or rejections. The connection with MT4 remained stable. Spreads proved to be stable, widening only during volatile events like the Federal Reserve's interest-rate decision.

• LHFX allows for hedging, scalping and also algorithmic trading.

One of the main weaknesses of LHFX lies in its limited trading tools and resources. The broker offers only one platform (MT4), which, although functional across mobile, desktop, and WebTrader versions, still represents a single option for its clients. In addition, the broker’s market analysis and news are outdated, and its educational materials are limited. There is no economic calendar, nor are there supplementary trading tools beyond those already included in the MT4 platform. Furthermore, LHFX does not provide copy trading, MAM, or PAMM account options. Overall, the broker’s services are heavily focused on basic trading, with little emphasis on additional features or value-added resources.

Trading platforms

MetaTrader 4 (MT4) is a widely recognized and reliable trading platform , valued for its speed, low resource usage, and ease of use. However, it is more limited than MetaTrader 5 (MT5) and considered outdated compared to newer platforms. A key drawback with LHFX is that traders must manually configure both the desktop and mobile versions, which can be time-consuming, especially when setting it up on multiple devices.

Education

• LHFX’s website includes an “Academy” section, divided into Trading Analysis, Guides, and Education. The Trading Analysis segment contains in-depth articles, but it has not been updated for several months, giving the impression that it is inactive. The Guides section offers only basic instructions regarding deposits, yet these materials are outdated, as some articles are more than five years old. Finally, the Education section features around 10 articles covering introductory topics, from leverage to the cryptocurrency market. However, these articles are brief and somewhat outdated.
• In general, LHFX shows significant limitations in terms of educational content, making it one of the weakest aspects of the broker.

Other tools

• Economic Calendar: LHFX does not offer an economic calendar.
• News & Analysis: Occasional market news and technical analysis updates are provided, but they are infrequent. The section seems to have been discontinued.
• Sentiment Indicators: Limited to those provided within MT4 only; no proprietary sentiment tools.

LHFX operates under two regulatory bodies . On one hand, LHFX is a Mauritius-based company authorized and regulated by the Financial Services Commission of Mauritius, a Tier-3 jurisdiction generally considered high risk. Under this license, the broker regulates contracts with its global clients. On the other hand, LHFX SA (PTY) Ltd is an authorized Financial Service Provider regulated by the Financial Sector Conduct Authority (FSCA) of South Africa, which is regarded as a Tier-2 regulatory body . Overall, regulation is not a strong point for LHFX. Traders should exercise caution, particularly with accounts falling under the Mauritius license.

Regulation tiers and alerts

Mid-Tier Regulation:

• LHFX SA (PTY) Ltd is an authorised Financial Service Provider registered and regulated by the Financial Sector Conduct Authority (FSCA) of South Africa under license number 52816.

Low-Tier Regulation:

• LHFX is a trading name of Longhorn Ltd, a Mauritius company authorized and regulated by the Financial Services Commission of Mauritius under the Investment Dealer license number GB23202204, Code SEC-2.1B.

Other protection

• LHFX does not provide negative balance protection. Instead, it relies on a stop-out mechanism to help prevent accounts from falling below zero. However, in periods of high market volatility or during market closures, a negative balance may still occur, leaving the client liable to repay the broker.
• According to regulatory requirements, client funds should be held in segregated accounts.
• LHFX does not offer deposit insurance or compensation schemes, nor is it a member of the Financial Commission.

Reputation

LHFX has a generally acceptable reputation based on feedback from various sources, though it falls behind many of its competitors. There are no widespread complaints, only isolated cases. However, the overall volume of reviews remains relatively low. On Trustpilot, LHFX maintains an active presence and responds to client feedback, which demonstrates a degree of commitment to customer service and provides some reassurance that client concerns are taken seriously. That said, some responses to negative reviews appear overly defensive and, at times, verge on unprofessional.

LHFX provides customer support exclusively in English, and its website is also available only in English. The MT4 trading platform, however, can be configured in nearly 40 languages. The broker does not offer a direct phone line, but clients may request a callback, which is available alongside other support channels such as email, live chat, and a helpdesk ticketing system. No support is provided through social media.

In our experience, LHFX’s customer support was generally satisfactory, with fast responses from live agents, including during weekends, which confirms that the service is available 24/7. Phone verification could not be completed due to technical issues on the broker’s side; however, this did not result in any restrictions on account usage.

Support availability

LHFX provides customer support on a true 24/7 basis. Assistance is offered exclusively in English, which may be a limitation for clients who do not speak the language.

Clients can access support through several channels, including a helpdesk ticketing system, email, or by requesting a callback. Live chat initially begins with a chatbot, but users can quickly escalate to a live agent , who typically responds promptly – even on weekends. However, LHFX does not provide support via social media.

Compared to many other brokers, LHFX stands out for offering genuine 24/7 availability and for the speed of its customer service responses.

Usefulness

The responses provided by LHFX customer support during our tests were prompt and helpful. We were able to connect with a live agent in less than one minute, receiving professional, friendly, and accurate assistance – even during the weekend. Email responses were received within one to two hours.

The only service we could not access was the callback feature, due to technical issues with the phone number configuration. Nonetheless, customer service showed a willingness to resolve the issue and attempted multiple times to make it work.

Overall, the responses were clear and satisfactory, demonstrating that LHFX customer support is both useful and efficient. The only inconvenience was the inability to complete phone verification. Still, this did not impose any limitations, as deposits, withdrawals, and transfers were processed without issues.

The overall experience of using LHFX was generally smooth and without major complications . Account opening, deposits, and withdrawals were fast and straightforward – though partly because only one payment method is available, which requires users to be familiar with Bitcoin. The lack of detailed instructions and tools means that clients should already have at least a basic understanding of MT4 and related processes. In general, LHFX provides the essentials needed to trade on MT4.

Web design and navigation

The design of the LHFX website and dashboard is simple, intuitive, and user-friendly . Its simplicity is mainly due to the straightforward structure and the limited number of tools and resources available. There are no complex menus to navigate when logging in or opening an account, and overall navigation is smooth.

During our review, we did not encounter any broken pages or loading issues. However, the website lacked some details and features that could improve the clarity and accessibility of information. The main website displayed certain features, such as multiple deposit methods, that are ultimately not available, which may create confusion for users. Additionally, the information displayed on spreads was sometimes inaccurate.

Mobile App friendliness

Regarding mobile capabilities, LHFX enables trading through the MetaTrader 4 (MT4) mobile application , which delivers most of the platform’s core functionalities. Traders can access live prices and charts, open and modify positions, and use advanced charting tools with custom indicators – although the experience is not as comprehensive as on the desktop version.

LHFX does not offer a proprietary mobile app for account management or funding. While deposits and other actions can be completed via the broker’s mobile website, the process may be less convenient and more time-consuming compared to brokers that provide dedicated mobile solutions.

Account opening process

The process of opening an account and making the first deposit with LHFX is simple and fast. It is intuitive, requires minimal information, and is in line with what many other brokers offer, placing LHFX on par in terms of ease and speed. It should also be noted that a trading account can only be opened after making a deposit.

During our review, the account opening procedure was very quick and straightforward, taking only a few minutes with just basic personal information and a short regional form.

The client agreement is accepted as soon as the account is created in the initial step. Data verification is minimal, requiring only email confirmation and no phone number verification. The account was activated quickly in a separate environment. However, for no apparent reason, we were logged out and had to continue the process directly from the dashboard, which felt somewhat disorganized but showed no complications.

While we were unable to verify the phone number despite requesting assistance, this did not prevent deposits or withdrawals. We were able to open the trading account about one hour after making the initial deposit.

Overall, the process gives the impression of a somewhat informal broker. It combines advanced forms for KYC compliance with other steps where no documentary proof is required. Furthermore, the contract presentation and acceptance is lax, as it is presented on a webpage rather than as a formal, downloadable document.