Company Summary
| LHFX Review Summary | |
| Founded | 2020 |
| Registered Country/Region | Mauritius |
| Regulation | FSCA |
| Market Instruments | CFD pairs, stocks, currency pairs, indices, and commodities |
| Demo Account | Yes |
| Leverage | Up to 1:500 |
| Trading Platform | MetaTrader 5 |
| Min Deposit | $10 |
| Customer Support | 24/7 Live chat |
LHFX Information
LHFX is an ECN STP broker that offers over 150 tradable assets, including CFD pairs, stocks, currency pairs, indices, and commodities, with a maximum leverage of 1:500. Trading is facilitated through the MetaTrader 5 platform on both PC and mobile, with a minimum deposit of $10 advised. The platform features tight spreads starting at 0.00014 pips for EUR/USD and charges no fees for deposits or withdrawals. Demo and Islamic accounts are also available.
Pros and Cons
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Is LHFX Legit?
LHFX is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa under license number 52816, authorized for derivatives trading services.
What Can I Trade on LHFX?
LHFX provides access to over 150 tradable assets, including 35 Cryptocurrency CFD pairs, 55 Currency pairs, 64 Stocks, 11 Indices, and Commodities such as Oil and Metals.
| Tradable Instruments | Supported |
| CFD | ✔ |
| Currency Pairs | ✔ |
| Stock | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Shares | ❌ |
| Bonds | ❌ |
Account Type
LHFX offers both Demo and Live accounts with identical pricing and trading conditions. The platform also offers Islamic Accounts with no swap fees, enabling clients of Islamic faith to trade following their religious principles.
Leverage
LHFX provides a high maximum leverage of 1:500, allowing traders to control positions up to 500 times their initial capital.
LHFX Fees
Spreads: LHFX offers variable spreads, with EUR/USD showing a tight spread of 0.00014 pips. Other spreads vary, for example, BTC/USD has a spread of 161.3 pips.
Commissions: LHFX charges a straightforward commission of $6 per lot across all instruments.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MetaTrader 5 | ✔ | PC and Mobile | Investors of all experience levels |
Deposit and Withdrawal
There are no fees for deposits or withdrawals with LHFX. And the platform advises a minimum deposit of $10 due to potential blockchain transaction fees affecting smaller amounts.
