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longhornfx

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What's the lowest deposit here?
Siyabonga Semenya
French Southern and Antarctic Lands
2023-07-12
ANSWER LonghornFX is an unregulated broker that we advise against trading with, despite the seemingly attractive deals it offers.While it is true we located a firm called "Longhorn LLC" on the register of the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA), it is crucial to note that the offshore financial watchdog has explicitly stated that it neither issues licenses for forex or brokerage nor regulates entities involved in such activities. As such, LonghornFX remains unsupervised by the relevant regulatory body.Regarding your question, we strongly suggest you exercise extreme caution and avoid engaging with LonghornFX because it is an unregulated broker. There are no rules in place to safeguard investors' interests and hence you are exposed to significant risks such as financial losses and identity theft. Therefore, investors are encouraged to stay away from unlicensed brokers like LonghornFX and instead choose a fully regulated one.
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How's the review of this broker? Can I trust it?
AHmed Hussien
Tunisia
2022-08-24
ANSWER LonghornFX is not a licensed or regulated broker even though it states offers that look good to be true. LonghornFX claims it is owned and operated by Longhorn LLC, a company registered with St. Vincent and the Grenadines Financial Service Authority (SVG FSA). Regarding the SVG FSA, we'd like to remind traders that SVG FSA does neither issue licenses for forex trading nor regulate international companies and brokers engaging in forex activities.We keep on reminding traders to be wary of offshore brokers in SVG FSA as they don't provide any funds protection as well as withdrawals guarantee. If you are looking for brokers to deal with, we would recommend brokers regulated by top-tier regulators like FCA, CySEC, ASIC, etc.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.