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LHFX

6.0 / 10 Overall Score

Website: https://lhfx.com
Jurisdiction: Mauritius
Operating Since: 1-2 years
Regulatory Status: N/A

Score Breakdown

Business
Software

Company & Contact

Legal Name: Longhorn Ltd
Phone: —
Email: help@lhfx.com
Address: Suite 102, 1st Floor, Sterling Tower, 14 Poudriere Street, Port-Louis, Mauritius

License Info: [{"监管状态": "FSCA Exceeded", "牌照信息": "South Africa Financial Service Corporate"}]

In-Depth Broker Review

What’s inside: Company overview, account types, and deposit & withdrawal guidance.

Company Profile
Account Types
Deposit & Withdrawal

Broker Details

# LHFX Company Overview

## Company Overview

LHFX company operates as a forex broker, providing trading services in the forex and CFD markets to a global clientele. Founded in 2021, LHFX utilizes both Straight-Through Processing (STP) and Electronic Communication Network (ECN) models to facilitate trading. This structure allows them to offer access to over 150 financial instruments, including major, minor, and exotic currency pairs, as well as commodities and indices.

The company is headquartered in Port Louis, Mauritius, and is regulated by the Financial Services Commission (FSC) of Mauritius and the Financial Sector Conduct Authority (FSCA). LHFX aims to cater to both novice and experienced traders by providing a range of trading options and strategies.

## Corporate Development

Since its establishment in 2021, LHFX has focused on developing its trading infrastructure and expanding its market offerings. The company has positioned itself to allow traders to utilize various strategies, including scalping and hedging. A notable aspect of LHFX's development is its commitment to leveraging technology, particularly through the use of the popular MetaTrader 4 (MT4) platform, which is available in multiple versions for different devices.

## Corporate Structure and Subsidiaries

LHFX operates as a single entity without publicly disclosed subsidiaries or branches. The company's internal organization includes various operational divisions that manage trading, customer support, compliance, and technology development. While specific leadership details were not provided, the company emphasizes a commitment to transparency and efficiency in its operations.

## Regulation and Compliance

LHFX is regulated by the Financial Services Commission (FSC) in Mauritius, which is classified as a tier-3 regulatory authority. The company holds licenses under the FSC, with registration numbers GB 23202204 and 52816. Although it is not considered a tier-1 regulated broker, LHFX does offer negative balance protection to its clients, ensuring that they cannot lose more than their account balance.

Client funds are reportedly held in segregated accounts, though specific details regarding additional protections, such as insurance, were not provided. The company adheres to compliance frameworks that align with the regulations set forth by the FSC.

## Global Presence and Market Coverage

LHFX primarily serves clients in the forex and CFD markets globally, with no specific regional restrictions mentioned in the available data. The company’s operations are not confined to a particular geographic area, allowing it to cater to a diverse range of traders from various countries. There are no details available regarding local branches or representative offices.

## Financial and Operational Data

While specific financial data concerning LHFX's operations, such as employee count or transaction volumes, was not disclosed, the company positions itself as a moderate-risk broker. The minimum deposit requirement to open an account is set at $10, which is attractive for new traders.

## Reputation and Industry Standing

The reputation of LHFX within the forex and financial community appears mixed. The company has received a moderate overall score of 6.97 out of 10, indicating a level of trustworthiness, but also highlights the need for potential clients to review both pros and cons before engaging in trading activities. Reports suggest that some users have experienced issues related to withdrawals and customer support, which may affect its credibility.

## Summary

In summary, LHFX company is a regulated forex broker based in Mauritius, offering a range of trading services and instruments to a global market. While it benefits from regulatory oversight, its tier-3 status may raise concerns among potential clients regarding the safety of their funds. The company’s commitment to providing a user-friendly trading experience through the MT4 platform and its focus on accommodating various trading strategies are notable aspects of its operational model. Overall, prospective traders should carefully consider LHFX's regulatory background and operational integrity before engaging with the broker.

Account Types

# LHFX Account Types

LHFX offers a single account type with customizable features for traders. Below are the details regarding this account type:

| Feature | Details |
|--------------------------|--------------------------------------------|
| **Account Type** | MT4 ECN |
| **Minimum Deposit** | $10 |
| **Spreads** | Tight spreads starting from 0.1 pips |
| **Commission Model** | Fees per lot on ECN accounts |
| **Leverage Limits** | Up to 1:500 for forex and metals; varies for other instruments |
| **Trading Instruments** | Over 150 instruments including forex, CFDs, commodities, indices, and cryptocurrencies |
| **Base Currencies** | USD, EUR, GBP, BTC |
| **Execution Model** | ECN (Electronic Communication Network) |
| **Unique Features** | - Automated trading allowed<br>- Unlimited number of accounts per trader<br>- Partnership program available |

# LHFX Broker Account Opening Process

To open an account with LHFX, follow these steps:

1. **Visit the Registration Page**: Go to the LHFX official website and locate the account registration form on the main page.
2. **Fill Out the Registration Form**: Provide your first and last names, email address, date of birth, gender, and create a password.
3. **Email Confirmation**: After submitting the form, confirm your email address by clicking on the link sent to your email.
4. **Access Your Account**: Log in to your user account using your email and password.
5. **KYC Verification**: Complete the KYC (Know Your Customer) process by providing necessary identification documents as required by the broker.
6. **Make a Deposit**: Fund your account with a minimum deposit of $10 through available methods, primarily cryptocurrencies.
7. **Start Trading**: Once your account is approved and funded, you can start trading using the MT4 platform or web trader.

This process allows you to set up your trading environment quickly and efficiently.

Deposit & Withdrawal

# LHFX Deposit & Withdrawal Guide 2025: Methods, Limits, and Processing Times Explained

## LHFX Minimum Deposit Requirements

### LHFX Minimum Deposit Explained
The minimum deposit required to open an account with LHFX is **$10**. This low entry barrier makes it accessible for many traders looking to start trading in the forex market.

### Account-Type Comparison
LHFX operates primarily with a single account type, known as the **MT4 ECN account**. This account type is designed to provide competitive spreads and low commissions.

### Regional Differences
While the minimum deposit is generally consistent at $10, regional regulations and payment method availability may affect the deposit process. For instance, clients from different regions may have different options for funding their accounts, but the minimum remains the same.

### Advantages
1. **Low Minimum Deposit**: Only $10 required to start trading.
2. **Access to ECN Trading**: Competitive spreads and direct market access.
3. **Single Account Type**: Simplifies the decision-making process for traders.
4. **High Leverage Options**: Up to 1:500, allowing for potentially higher returns.

### Disadvantages
1. **Limited Deposit Methods**: Currently, only Bitcoin is accepted for deposits.
2. **No Cent Accounts**: May not suit traders looking for lower risk options.
3. **Lack of Bonuses**: LHFX does not offer deposit bonuses or promotions.
4. **Regulatory Concerns**: Operates under tier-3 regulation, which may not provide the same level of security as tier-1 brokers.

### Competitor Comparison
Compared to other brokers, LHFX’s minimum deposit is quite low. For example, competitors like **Tickmill** require a minimum deposit of **$100**, while **Oanda** offers accounts starting at **$0**, but with additional fees that may apply.

## LHFX Deposit Methods

### LHFX Deposit Methods Comprehensive Guide
LHFX currently supports **Bitcoin** as the sole method for depositing funds into trading accounts.

#### Method: Bitcoin
- **Processing Time**: Deposits are typically credited within a few minutes, but may take up to **6 hours** depending on network conditions.
- **Fees**: LHFX does not charge any fees for Bitcoin deposits; however, network fees may apply.
- **Availability**: Available globally, as long as the user has access to Bitcoin.
- **Limits**: Minimum deposit amount is **$10** with no stated maximum limit, although practical limits may apply based on the user's wallet.
- **Pros**: 
- Fast processing times.
- No deposit fees from LHFX.
- Increasing acceptance of Bitcoin in trading.
- **Cons**: 
- Limited to a single deposit method.
- Requires knowledge of cryptocurrency transactions.
- Potential volatility of Bitcoin may affect deposit values.

### Supported Currencies
The only currency currently accepted for deposits is **Bitcoin (BTC)**. This means that traders must convert any fiat currency into Bitcoin before making a deposit.

## LHFX Deposit Process

### LHFX Deposit Steps Explained
1. **Log into Your Account**: Access your LHFX trading account using your credentials.
2. **Navigate to the Deposit Section**: Locate and click on the 'Deposit' button within the client area.
3. **Select Bitcoin as Your Deposit Method**: Choose Bitcoin from the available options.
4. **Enter Deposit Amount**: Specify the amount you wish to deposit (minimum $10).
5. **Complete the Transaction**: Follow the prompts to send Bitcoin to the provided wallet address.

### Mobile vs Web Differences
The deposit process is similar on both mobile and web platforms. However, the mobile interface may have a slightly different layout, which could affect ease of use.

### KYC Notes and Common Issues with Solutions
- **KYC Verification**: Traders may need to verify their identity through KYC (Know Your Customer) processes, which may involve providing identification documents.
- **Common Issues**: 
- **Transaction Delays**: If deposits are not credited, ensure that the Bitcoin transaction has been confirmed on the blockchain.
- **Incorrect Wallet Address**: Double-check the wallet address before sending funds to avoid loss.

### Typical Fund Crediting Times
Most deposits via Bitcoin are credited within **minutes**, but users should allow up to **6 hours** for the transaction to be fully processed and confirmed.

## LHFX Withdrawal Methods

### LHFX Withdrawal Methods Overview
LHFX only offers **Bitcoin** as the method for withdrawals.

#### Method: Bitcoin
- **Processing Time**: Withdrawals are reviewed the same day and can take up to **6 hours** for confirmation.
- **Fees**: No withdrawal fees from LHFX; however, network fees may apply.
- **Currencies**: Only Bitcoin is accepted for withdrawals.
- **Limits**: Minimum withdrawal amount is **$10**.
- **Pros**: 
- Quick processing times.
- No fees from the broker.
- Simple and straightforward withdrawal process.
- **Cons**: 
- Limited to one withdrawal method.
- Requires familiarity with cryptocurrency wallets.
- Potential for network delays during high traffic periods.

## LHFX Withdrawal Process

### LHFX Withdrawal Steps Explained
1. **Log into Your Account**: Access your LHFX trading account.
2. **Navigate to the Withdrawal Section**: Click the 'Withdraw' button in the client area.
3. **Select Bitcoin as Your Withdrawal Method**: Choose Bitcoin for the withdrawal.
4. **Enter Withdrawal Amount**: Specify the amount you wish to withdraw (minimum $10).
5. **Provide Wallet Address**: Enter the Bitcoin wallet address where you want the funds sent and confirm the transaction.

### ID Verification Requirements
Traders may need to verify their identity before making a withdrawal, especially if it is their first time withdrawing funds.

### Expected Fund Arrival Time
Typically, funds are transferred within **90 minutes**, but users should allow up to **6 hours** for the withdrawal to be confirmed on the blockchain.

### Typical Delay Reasons and Fixes
- **Network Congestion**: High traffic on the Bitcoin network can delay transactions. 
- **Incorrect Wallet Address**: Always double-check the wallet address to avoid mistakes that could lead to loss of funds.

## FAQs – LHFX Deposits & Withdrawals

### What is the minimum deposit for LHFX?
The minimum deposit for LHFX is **$10**.

### How long do withdrawals take?
Withdrawals typically take up to **6 hours** for processing, but funds may arrive sooner depending on network conditions.

### Are there fees for deposits or withdrawals?
LHFX does not charge fees for deposits or withdrawals; however, network fees may apply for Bitcoin transactions.

### Can the same method be used for both?
Yes, both deposits and withdrawals at LHFX must be made using **Bitcoin**.

### Are crypto or local methods supported?
Currently, LHFX only supports **Bitcoin** for both deposits and withdrawals. Local payment methods are not available.

Disclaimer: This card is for informational purposes only and does not constitute investment advice. Always verify details with official disclosures and regulators.

LHFX

LHFX

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