Wikilix
LHFX logo

LHFX

No Regulation
Mauritius
,
Since 2016
Last Updated:
34/100
Overall Score

Trading Conditions

Min Deposit:
USD10
Max Leverage:
500
Account Types
STP

User Reviews

—
Total Reviews
—
This Month
—
Avg Rating

Funding Methods

3 methods

Bitcoin (BTC) direct blockchain transfer

crypto
6 hours
Fee:
Free
Fee:
Free

Instacoin/Instacoins (third-party fiat to BTC purchase)

crypto
6 hours
Fee:
Free
Fee:
Free

Credit/Debit Cards via third-party processors

credit card
hours
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 0%, 2: License 0%, 3: Software 50%, 4: Spread 0%, 5: Account Type 18%, 6: Symbol 0%
Regulation
0%Poor
License
0%Poor
Software
50%Fair
Spread
0%Poor
Account Type
18%Poor
Symbol
0%Poor
No regulation
Your deposit is not protected by any financial authority.
What this means

Company Information

Full Name:Longhorn Ltd
Founded:2016
Headquarters:Mauritius
Enterprise Offices:N/A

Customer Support

Phone:
—
Live Chat:
business_hours
Response Time:
—
Languages:
English
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What LHFX legally published, but does not want you to read

Wikilix contract reading ·

High contract risk

LHFX takes card and local bank deposits, and pays withdrawals in crypto only. Your account is with LHFX International Ltd in Anjouan, not the Mauritius or South Africa company its verify page names. The contract lets LHFX refuse any withdrawal at its sole discretion, and confiscate any balance it ties to trading it calls abusive. You get <strong>30 days</strong> to complain, and LHFX makes the final decision.

7Critical clauses
24Clauses flagged
13Documents read
7.8/10Contract risk
Read the full terms report20 more clauses, each with its wording, clause number and source
Editorial review
Updated

Broker Summary

What Wikilix has recorded about LHFX: its history, the licences it holds, its trading conditions and its fees.

Overview of a LHFX Broker: Features, Trading Conditions and Regulations

In the ever increasing arena of online trading, a good broker is essential to ensure you are able to achieve your maximum potential when trading. LHFX sets itself apart from the many other brokers with its offering of advanced technology to facilitate online trading, combined with a range of trading instruments that can be chosen by each trader. With an ECN (Electronic Communication Network) STP (Straight Through Processing) model, LHFX is positioned to offer its clients an opportunity for fast, transparent and cost-effective trades and therefore serves the needs of both novice and experienced traders equally.

This article will provide a background on LHFX as well as details about the regulatory environment, types of trading conditions offered, fees, trading platforms and the user's experience with LHFX.

About LHFX

Longhorn Ltd (the company that owns LHFX) is based in Mauritius and has received a licence from the Financial Services Commission of Mauritius, under the Investment Dealer's Act, licence number GB23202204, and code SEC-2.1B. The registered address is: Suite 102, 1/F, Sterling Tower, 14 Poudriere Street, Port-Louis, Mauritius.

Although there are no publicly available details about when Longhorn Ltd was founded or who the founders are, they focus on being transparent about their operations while providing high-quality services.

Main Features and Services

Trading Model and Instruments

As an ECN STP broker, LHFX gives trader direct access to liquidity pools, for improved trade execution and reduction of potential conflict of interests.

Types of Available Assets for Trading:

Asset Type Total Number of Instruments

CFD's on Cryptocurrency 35 Pairs

Foreign Exchange (Forex) 55 Pairs

Equity Shares 64

Commodity and Foreign Indexes 11 instruments (oil and metal)

Trading Platform

LHFX offers its users the MetaTrader 4 (MT4) platform, which offers a user-friendly interface and advanced charting capabilities and the option for automated trading.The way brokers execute trades using the ECN and STP execution models is completely compatible with the requirements of the trading platform, MetaTrader 4 (MT4), for all clients of the broker to have an efficient and reliable way of processing the orders they wish to place.

Regulatory Compliance

LHFX is regulated by the Financial Services Commission (Mauritius). LHFX SA (PTY) Ltd is authorised in South Africa.

Regulatory Compliance: Regulatory Body & License No. / Regulator Status; Registered Entity; From Which Country.

FSC (Financial Services Commission of Mauritius) - GB23202204 (SEC-2.1B) - 100% Regulated; Longhorn Ltd

FSC (Financial Services Commission of Mauritius) - GB23202204 (SEC-2.1B) - Regulated - Longhorn Ltd.- Mauritius.

FSCA (Financial Sector Conduct Authority of South Africa) - License No. not published. - Fully Regulated - LHFX SA (PTY) Ltd. - South Africa.

Trading Conditions and Platform Technology: Leverage, Instruments, Execution, etc.

LHFXprovides leverage as high as 1:500 to its customers through direct access to ECN and STP liquidity providers. LHFX offers more than 150 different types of tradable instruments.

Trade Interface Features

| Feature | Description |

| --- | --- |

| Leverage | Up to 1:500 |

| Tradable Instruments | 35 Crypto CFDs, 55 Forex, 64 Stocks, 11 Indices & Commodities |

| Trading Platform | MetaTrader 4 (MT4) |

| Execution Model | ECN / STP |

| Spreads/Commissions | Very tight spreads and competitive commissions (Exact amounts have yet to be published).

Fee Structure

While LHFX states that it provides low commission rates and ultra-tight spreads, the actual amount (or amount) of commissions charged, the amount to deposit/withdraw funds, and the amount for inactivity are not currently available to the public.

| Fee Type | Description |

| --- | --- |

| Commissions | Low (Exact amounts have not been published.) |

| Spreads | Ultra-Tight (Exact amounts have not been published.) |

| Deposit Fees | Not Published |

| Withdrawal Fees | Not Published |

| Inactivity Fees | Not Published |

User Experience/Market Reputation

While LHFX advertises that it has thousands of satisfied clients, independent reviews of its client experiences or third-party ratings are absent. Support for LHFX is provided via the website and account portal, with no specific email or individual telephone support numbers available for contacting LHFX.

Recent Developments

Currently, there are no news posts or press releases on lhfx.com from LHFX. This could mean that either LHFX has stable operations, or they prefer to provide communication to their clients via private channels rather than publicly.

Conclusion

As an ECN STP Broker based out of Mauritius, LHFX provides a great opportunity for anyone interested in utilizing an efficient execution environment or anyone seeking to expand their portfolio through various asset classes. With over 150 different types of tradable instruments available through LHFX and the ability to use the MT4 platform while leveraging high levels of leverage, LHFX is a strong option for any trader wanting direct access to the financial markets and excellent overall trading conditions. The combination of ultra-tight spreads, low commissions, and the lack of specific information regarding fees, company history, or trader experiences requires prospective traders to conduct a considerable amount of due diligence on LHFX prior to opening an accounts.

Overall, LHFX is an excellent choice for any trader looking for a well-regulated ECN STP broker, with a wide range of available products and services.

Regulation check

Regulatory Licenses

We have not confirmed any regulation for LHFX. Money deposited with an unregulated broker is protected only by the company itself.

No regulation

Trading with an unregulated broker puts your deposit at risk.

No regulation

We have not confirmed any regulation for LHFX. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.

What this means for you

  • No compensation scheme covers your funds.
  • No regulator to escalate a complaint to.
  • No audit of how client money is held.
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Trading accounts
Updated

Account Types

One account type on record. Minimum deposit from USD 10. Leverage up to 1:500.

1 account type
AccountMin DepositLeverageCommission
STPECNUSD 101:500Not recorded
Account names and conditions as published by LHFX, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

3 ways to fund an account.

3 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Bitcoin (BTC) direct blockchain transferCryptocurrency
No internal deposit or withdrawal fees charged by LHFX; third-party blockchain miner fees apply. Deposit and withdrawal processing times typically range from minutes up to 6 hours depending on blockchain confirmations and third-party services. Minimum amounts expressed as USD equivalent in BTC. No published maximum deposit or withdrawal limits.
Not recordedNot recordedUSD 10USD 10Not recorded6 hours
Instacoin/Instacoins (third-party fiat to BTC purchase)Cryptocurrency
Third-party network and processor fees apply and are borne by client. Processing times depend on third-party service and blockchain confirmations, typically minutes to several hours. Instacoin minimums implied around $50 but not officially published by LHFX. KYC and fees subject to Instacoin policies.
Not recordedNot recordedNot recordedNot recordedNot recorded6 hours
Credit/Debit Cards via third-party processorsCredit Card
No official LHFX documentation confirms card funding as standard; if available, fees and limits depend on third-party processors. Processing times vary from instant to a few days depending on processor. KYC and fees subject to third-party policies.
Not recordedNot recordedNot recordedNot recordedNot recordedhour
Fees, limits and processing times as published by LHFX, recorded by Wikilix.
Trading software

Trading Platforms

One trading platform on record: MetaTrader 5.

1 platform
  • MetaTrader 5 logo

    MetaTrader 5

    by MetaQuotes Software Corpsince 2010Developer site

    MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.

    Runs on

    • Windows
    • Mac
    • Linux
    • Web
    • Android
    • iOS
    • API
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Websites

Global Domains

One domain on record. All active and served over HTTPS.

1 domain
  • lhfx.comMain siteActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Social channels

Social Presence

3 official channels on record.

3 channels
Channels as published by the broker, recorded by Wikilix.
Frequently Asked Questions

Frequently Asked Questions

Common questions about LHFX

Most Popular Questions
Yes, LHFX requires standard KYC and AML verification for withdrawals, including proof of wallet ownership for cryptocurrency transactions. This process is part of their compliance with regulatory standards.
According to WIKILIX data, LHFX offers a maximum leverage of up to 500:1. This leverage level applies to their trading accounts but specific leverage conditions may vary depending on the instrument and regulation.
LHFX primarily supports deposits via Bitcoin direct blockchain transfers and third-party services like Instacoin. There are no internal deposit or withdrawal fees charged by LHFX, but third-party blockchain miner fees and service fees apply. Minimum deposit amounts start at 10 USD equivalent for Bitcoin deposits.
LHFX provides access to the MetaTrader 5 platform, which is available on web, iOS, macOS, Android, and Windows devices. MetaTrader 5 is a multi-asset platform known for advanced analytics, faster execution, and algorithmic trading tools.
Longhorn Ltd (LHFX) holds licenses from the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Commission (FSC) in Mauritius. Both regulators are government authorities with tier 2 and tier 3 global regulator ratings respectively. LHFX offers client fund insurance up to ZAR 500,000 under FSCA regulation, indicating a level of investor protection.
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