Does LongHornFX Support MT4 as of 2024?

Forex traders always look for reliable and efficient trading platforms that suit their strategies and preferences. Sometimes, traders opt for trading with offshore forex brokers for high leverage, lower minimum deposits, and restriction-free trading. LonghornFX is an online offshore forex and CFD broker that offers a range of trading services and features. On the other hand, MetaTrader 4 (MT4) is a popular trading platform widely used by traders of all experience levels. So, if you are considering using LonghornFX as your broker, you may be wondering if it works with MT4.

The answer is ‘Yes,’ LonghornFX works with MT4. The broker is fully compatible with MetaTrader 4 (MT4). In this blog post, I will discuss more about trading with the LonghornFX MT4 platform. We will also explore the benefits and drawbacks of using MT4 with LonghornFX and provide insights into how it can enhance your trading experience.

Does LonghornFX Support MT4? 

Yes, LonghornFX supports MT4 as its trading platform.  MetaTrader 4 (MT4) is one of the most popular and widely used trading platforms in the forex world. The platform is known for its user-friendly interface, easy-to-use charting tools, and EA compatibility. 

What other platforms does LonghornFX use?

LonghornFX does not use any platform other than MT4. It does not even have the MT5 trading platform, which is the upgraded version of MT4

Benefits of Using Metatrader 4 on LonghornFX?

Here are some reasons why traders might choose this Metatrader 4 on LonghornFX 

User-friendly Interface:

MT4 provides an easy-to-use and user-friendly interface which makes it accessible for both novice and experienced traders. The platform’s layout is designed for easy navigation and quick access to essential trading tools.

Advanced Charting Tools:

MT4 is known for its advanced charting capabilities. Traders can conduct in-depth technical analysis using a variety of chart types, timeframes, and technical indicators. This helps in making better trading decisions.

Automated Trading:

 MT4 supports automated trading through Expert Advisors (EAs) which allow users to implement automated trading strategies. Traders can create or purchase EAs to execute trades based on predefined criteria, even when they are away from the computer.

Wide Range of Assets:

LonghornFX on MT4 offers a wide range of financial instruments, including commodities, stocks, and indices. This enables traders to diversify their portfolios and explore various markets.

Security and Reliability:

MetaTrader 4 is known for its security features which provide a secure environment for online trading. Additionally, LonghornFX is expected to uphold high standards of security and reliability to ensure a safe trading experience.

Mobile Trading:

MT4 is available on mobile devices, allowing traders to monitor and manage their trades on the go. The mobile app provides essential features, enabling traders to stay connected to the markets at all times

How to Use MT4 on LonghornFX Broker

MT4 is an easy-to-use trading platform. Using mt4 on LonghornFX is very simple and straightforward. Here are the steps.  

Step 1: Account Setup:

• Create an Account: If you haven’t already, sign up for an account on LonghornFX. Follow the registration process and provide the necessary information.
• Account Verification: Complete the account verification process by submitting the required documents, ensuring compliance with regulatory standards.

Step: 2 Download and Install MT4:

• Access LonghornFX Website: Login to your LonghornFX account through the official website.
• Visit to MT4 Section: Locate the section related to MetaTrader 4 on the LonghornFX website.
• Download MT4 Platform: Download the MT4 platform from the provided link.
• Install MT4: Follow the installation instructions to install the platform on your computer.

Step 3: Login to Your MT4 Account:

• Launch MT4: Open the installed MT4 platform on your computer.
• Login Credentials: Enter your LonghornFX account credentials (username and password) provided during the account registration process.
• Server Selection: Choose the appropriate LonghornFX server from the list.

Step 4: Explore the MT4 Interface:

• Market Watch: View available instruments and their real-time prices in the Market Watch window.
• Charts: Open charts for different financial instruments. Customize chart settings, and timeframes, and add technical indicators.
• Order Execution: Execute trades using the ‘New Order’ window. Specify trade parameters, such as volume, stop-loss, and take-profit levels.

Step 5: Use of Trading Tools:

• Technical Analysis: Leverage the advanced charting tools for technical analysis. Add indicators, trendlines, and other analysis tools to enhance your decision-making.
• Expert Advisors (EAs): Explore and use Expert Advisors for automated trading. Install EAs or create your own to automate trading strategies.

Step 6: Monitor and Manage Trades:

• Trade Management: Monitor open positions, view account history, and manage trades using the ‘Trade’ and ‘Account History’ tabs.
• Modify Orders: Adjust stop-loss and take-profit levels or modify existing orders directly from the platform.

Step 7. Mobile Trading (Optional):

• Download Mobile App: If desired, download the MT4 mobile app on your smartphone or tablet.
• Login to Your Account: Use your LonghornFX account credentials to log in to the mobile app.
• Trade on the Go: Manage your trades, monitor the market, and execute orders from your mobile device.

Step 8: Customer Support and Resources:

• LonghornFX Support: Reach out to LonghornFX customer support for any platform-related queries or assistance.
• Educational Resources: Explore educational materials and resources provided by LonghornFX to enhance your trading knowledge.

Frequently Asked Questions (FAQs)

What is LonghornFX?

Established in 2020, LongHornFX is an online offshore forex and CFD broker. It gives access to various financial markets over 183 instruments, commodities, stocks, and indices. The broker offers restriction-free trading facilities with low spread and high leverage. To learn more about LonghornFX including features, pros, and cons, you can read our review on LonghornFX.

What is MT4?

MT4, short for MetaTrader 4, is a powerful and user-friendly electronic trading platform widely used by forex traders around the world. It offers a comprehensive suite of tools for technical analysis, automated trading through Expert Advisors (EAs), customizable indicators, and real-time market data. MT4 is renowned for its stability, versatility, and reliability

Does LonghornFX offer an MT4 Demo Account for Free?

Yes, LonghornFX provides traders with the opportunity to explore the features and functionality of the MT4 platform through a free demo account. 

What is the timezone of LonghornFX MT4?

The server time zone for LonghornFX MT4 follows Greenwich Mean Time (GMT), with adjustments made for daylight saving time. During the winter months, the server time is GMT+2, while during the summer months, it is GMT+3. 

Can I Use Expert Advisors (EAs) with LonghornFX MT4?

Yes, traders can utilize Expert Advisors (EAs) with LonghornFX MT4. EAs are automated trading programs that execute trades based on pre-defined criteria and algorithms

What is the Minimum Amount I Can Deposit for LonghornFX?

The minimum deposit required to open an account with LonghornFX is $10. This low barrier to entry enables traders of all budget sizes to participate in the forex market and access the platform’s features and services.

Where is the Headquarters of LonghornFX Located?

LonghornFX is headquartered in Kingstown, Saint Vincent And Grenadines. 

What Types of Accounts Does LonghornFX Offer?

LonghornFX only offers ECN accounts on MT4. 

Is LonghornFX MT4 Available for MAC Users?

Yes, LonghornFX MT4 is available for MAC users. Traders using MAC computers can easily download and install the MT4 platform to access the full suite of trading features.

Is LonghornFX MT4 Available on Android Devices?

Yes, LonghornFX MT4 is available on Android devices. Traders can download the mobile app from the Google Play Store and enjoy the convenience of trading on the go.

Does LonghornFX Offer Mobile Trading on MT4 Platforms?

Yes, LonghornFX offers mobile trading on MT4 platforms. Whether on Android or iOS devices, traders can use the MT4 mobile app to manage their trades, monitor the market, and execute orders from anywhere.

What Instruments Can I Trade on LonghornFX MT4?

On LonghornFX, traders have access to a diverse range of instruments (183+) , including commodities, stocks, and indices. This allows for a comprehensive trading experience across various financial markets.

Final Thoughts:

LonghornFX uses MT4 as its trading platform. MT4 is one of the most popular and widely used trading platforms in the forex work. Metatrader is known for its user-friendly interface and advanced tools. It facilitates online trading in various financial markets. Metatrader platforms offer features like chart analysis, automated trading through Expert Advisors, and accessibility across multiple devices

Disclaimer: Trading forex and CFDs comes with the risk of losing your trading capital. Moreover, trading with offshore forex  brokers like LonghornFX puts your funds at higher risks