Longhorn LLC
Founded in 2020
Online since 2020
No regulation (St. Vincent and the Grenadines)
If you are on the lookout for a newer but top-rated trading broker, the LonghornFX might just be the right fit for you. In this blog, we explore some of its key features, alongside its credibility to help you make an informed decision. LonghornFX is a contemporary entrant to the trading industry founded by Longhorn LLC in 2020, but don't let its newness deter you; its online presence and performance since 2020 have been exceptional.
With LonghornFX, starting out is pretty convenient, considering its minimum account size is merely $10. This incredibly low barrier to entry makes it perfect for beginners who are hesitant to risk larger sums. From a usability perspective, this accessibility sets LonghornFX apart from many brokers in the trading market.
In terms of the smallest position size, traders can start off with as low as 0.01. This figure indicates the broker's commitment to cater to the needs of everyday retail traders. Furthermore, LonghornFX has an undisclosed maximum leverage, so we recommend reaching out directly for this information.
Many traders often fear getting into operations with newer platforms due to credibility issues. However, with LonghornFX, you don't have to worry as it falls under the "Serious Regulation" category. It is part of Longhorn LLC which adds an extra layer of trustworthiness on this platform.
Utilizing low spreads is crucial in keeping your trading costs down. This is an area where LonghornFX excels, offering low spreads, another reason to look forward to trading on this platform.
Unlike many brokers, LonghornFX opens its door to US traders. This inclusiveness makes the platform a go-to broker for traders looking to enter the lucrative US market.
One of the standout features of LonghornFX is its commitment to educating traders. Their offer of free education means that even novices can make informed trading decisions right from the word go. This initiative goes hand in hand with their low minimum deposit and position size, making it highly beginner-friendly.
While the broker was only launched in 2020, it has managed to win the hearts of many traders, reflected in its impressive average rating of 10.
Overall, LonghornFX presents an attractive package with its excellent trading conditions, low entry barriers, high rating, serious regulation, and US trader acceptance. Whether you are a seasoned trader or a newcomer, it's definitely worth considering as your new trading partner.