Fyntura and Longhornfx are two popular offshore forex and CFD brokers that offer online trading services to traders and investors worldwide. Both brokers accept U.S. clients and provide trading facilities with no FIFO rule, high leverage, low fees, and tight spreads without restrictions. Although these brokers offer similar services, each has its strengths and weaknesses.
In this article, we will compare and review Fyntura and Longhornfx by exploring their trading conditions, instruments, minimum deposits, fees, features, and customer support. This comparison and research will help you determine which broker is better suited to your trading style and preferences.
Fyntura vs Longhornfx: In a Nutshell
Fyntura
Founded in 2023, Fyntura is an online forex and CFD broker. It is an unregulated forex broker that offers 100 instruments ranging from all the major Cryptos, Forex, Commodities, and Global Indices to traders worldwide. The broker allows all trading styles including scalping, hedging, news trading, etc. The maximum leverage of Fyntura is as high as 1:500. To learn more about Fyntura, you can read our in-depth review of the broker.
Fyntura at a Glance
- Founded Year: 2020
- Location: Seychelles
- Minimum Deposit: $10
- Maximum Leverage: 1:500
- Regulations: None (Unregulated Offshore Broker)
- Trading platform: MT4
- Account Types: Zero, Pro, Prime
- Trading Style: Scalping, Hedging, Swing Trading, Day Trading, Automated Trading
- Payment Options: Crypto deposits and withdrawals
- US Traders: Accepted
Longhornfx
Founded in 2020, LonghornFX is an online forex and CFD broker. It is an offshore forex broker that offers forex (major pairs, crosses, exotic pairs), cryptocurrencies, indices, metals, futures, commodities, and stock trading services to traders worldwide. The broker allows all trading styles including scalping, hedging, news trading, etc. The maximum leverage of LonghornFX is as high as 1:500. To learn more about LonghornFX, its features, pros, and cons, you can read our review on LonghornFX.
LonghornFX at a Glance
- Founded Year: 2020
- Headquarters: Port-Louis, Mauritius
- Minimum Deposit: $10
- Maximum Leverage: 1:500
- Regulations: None (Unregulated Offshore Broker)
- Trading platform: MT4
- Account Types:
- Trading Style: Scalping, Hedging, Swing Trading, Day Trading, Automated Trading
- Payment Options: Bitcoin and Bitcoin via wire transfer or credit/debit card
- US Traders: Accepted
Fyntura vs Longhornfx: Side By Side Comparison
Fyntura vs LonghornFX: Features
Fyntura
- Trading Instruments: 100+ trading instruments including Forex, Indices, Metals/Energy, Cryptocurrencies
- Trading Platforms: MT4 (Desktop, Web, Phone)
- Minimum Deposit: $10
- Maximum Leverage: 1:500 ( Leverage may vary based on tradable assets)
- Trading Fees: Trading fees (spreads and commissions) depend on account types. The minimum spread is 0.7 pips for the Zero account, $2 per lot for the Pro account, and $1 for the Prime account.
- Minimum Trade Size: 0.01 lot.
- Maximum Trade Size (Lot restriction per Ticket): 1000 Lots
- Funding Currencies: USD, EUR, GBP, CAD, BTC*, ETC*, LTC*l
- Trading Style Allowed: All including Scalping, hedging, News trading, and EA Trading.
- PAMM/ MAM: Available
- Stop Out Level (retail): 50%
- Margin Call Level: 70%
- Negative balance Protection: Yes
- Investor Protection: No investor protection is Available.
- Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes.
- KYC Verification: Required
LonghornFX
- Trading Instruments: 183+ instruments including Forex majors, crosses and exotics, Stocks, Cryptocurrencies, Indices, Metals, Energy
- Trading Platforms: Mt4
- Minimum Deposit: $10
- Maximum Leverage: Forex – 1:500 Metals – 1:500 Indices – 1:200 Energy – 1:100 Crypto – 1:100 Stocks – 1:20
- Trading Fees: Only Spread is charged (No Commission). Variable spreads from 1 pips. A rollover commission is applied on open positions overnight.
- Minimum Trade Size: 0.01 lot.
- Maximum Trade Size (Lot restriction per Ticket): 1000 Lots
- Funding Currencies: Bitcoin and Bitcoin via wire transfer or credit/debit card
- Trading Style Allowed: All including Scalping, hedging, News trading, and EA Trading.
- PAMM/ MAM: Available
- Stop Out Level (retail): 70%
- Margin Call Level: 100%
- Negative balance Protection: Yes
- Investor Protection: No investor protection is Available.
- Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity.
- KYC Verification: Required
Fyntura vs Longhornfx: Pros and Cons
Fyntura Pros & Cons
- Low Minimum Deposit – Starting from as low as $10
- Offers 100+ Trading Instruments including forex, indices, metals, and Cryptos
- Maximum leverage is as high as 1:500
- Offers Meta Trader 4 (MT4) Trading Platforms
- Allow Crypto CFD Trading
- Demo Accounts are Available
- Higher Leverage for US, and EU clients.
- Allow Scalping, EA Trading, and News Trading
- Fyntura Accepts Crypto Deposits
Cons:
- Unregulated offshore forex broker
- Only Crypto Deposit and Withdrawals are available
- Only MT4 is available. No other trading platforms are offered.
Longhornfx Pros & Cons
- Low Minimum Deposit – You may deposit as low as $10
- Allow Crypto CFD Trading
- Offers leverage as high as 1:500
- Offers MT4 Trading Platform
- Demo Accounts are Available
- Higher Leverage for US, and EU clients.
- Allow Scalping, EA Trading, and News Trading
- LonghornFX Accepts Crypto Deposits
- Unregulated Offshore Forex Broker
- Only Crypto Deposit and Withdrawal Option
- No Managed Account Options
Final Thoughts:
Fyntura and LonghornFX are unregulated offshore forex and CFD brokers in the industry. They offer similar trading services; they both allow scalping, hedging, EA trading, and Copy trading EA. The minimum order size for both of them is 0.01
However, there are a few areas where you may find some differences. For example, Fyntura supports MT4 (Desktop, Web, Phone) trading platforms. On the other hand, LonghornFX supports the MT4 trading platform. The minimum deposit for Fyntura is $10, whereas the minimum deposit for LonghornFX is $10. Additionally, the maximum leverage for Fyntura is 500:1, while the maximum leverage for LonghornFX is 500:1.
Our score for Fyntura is 4.5, and for LonghornFX, it is 3.8 So, If you are looking for a high-leverage offshore broker with MT4 trading platform you may choose Fyntura. However, if you prefer to use MT4 you may choose LonghornFX.Â
Disclaimer: Trading forex and CFDs comes with the risk of losing your trading capital. Moreover, trading with offshore forex brokers puts your funds at higher risks
