FxPlayer vs LonghornFX

FxPlayer or LonghornFX – which is better for UK traders 2024? Compare FxPlayer and LonghornFX in this detailed breakdown of their platforms, features and fees.

FxPlayer vs LonghornFX Comparison Table 2024
FxPlayer LonghornFX
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1.5
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3
FxPlayer is ranked #91 among CFD brokers. LonghornFX is ranked #56 among CFD brokers.
Review
Review
Founded in 2014, FxPlayer is a forex and CFD broker registered offshore in the Marshall Islands. This brokerage offers a very small selection of forex, commodities and indices on a range of accounts starting from $50. As an NDD broker, clients are promised tight ECN pricing, tier 1 liquidity and fast execution. LonghornFX is a forex and CFD broker offering over 150 instruments with leverage up to 1:500. The firm is registered in Saint Vincent and the Grenadines and was launched in 2020. Clients can access a strong selection of cryptos, alongside forex, indices, commodities and stocks. With ECN/STP processing, this offshore broker promises tight spreads and fast execution.
Pros
  • Several trading platforms to choose from, including MT4, Currenex and ActTrader
  • The broker provides a strong selection of deposit bonuses for new users
  • Clients can fund accounts using popular payment options, plus Bitcoin
  • A range of account types with micro-lot trading available
  • Competitive ECN spreads from 0.3 pips on major currency pairs
  • Copy trading available in the broker's proprietary terminal
  • Low minimum deposit of just $50
  • LonghornFX supports traders with 24/7 assistance that was fast and helpful during testing, plus an extensive Academy featuring 1,650+ market analysis articles, 10 educational pieces, and 4 video guides.
  • Traders willing to forego certain regulatory protections can access high leverage up to 1:500, amplifying both profits and losses on forex, stocks, indices and cryptos.
  • LonghornFX stands out by offering an unlimited demo account and virtual bankroll, allowing aspiring traders to test and refine strategies before risking real funds.
Cons
  • Beginners do not have access to helpful training materials or platform tutorials
  • Very poor customer support with no email, telephone or live chat
  • Registered offshore with weak regulation and trust score
  • No shares or cryptos available
  • No mobile app
  • LonghornFX hasn't earned the reputation and regulatory credentials of DayTrading.com’s most trusted trading platforms, increasing the risk to your funds in the event of disputes or broker insolvency.
  • Despite reasonable daily market analysis, LonghornFX still lacks the webinars, live trading sessions and comprehensive research provided by best-in-class brokers, which could help inform trading decisions.
  • The less than 200 instruments seriously limits potential trading opportunities, with an especially weak selection of stocks that falls way behind the 12,000+ shares at IG.
Awards
  • Best Newcomer Broker - 2020
  • Best New Forex Broker - 2020
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Stocks, Futures, Commodities CFDs, Forex, Stocks, Indices, Commodities, Cryptos
Bonus
100% - 500% deposit bonus up to $5000+
Demo Account
Yes Yes
Minimum Deposit
$50 $0
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Mobile Apps
No iOS & Android
iOS App Rating
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Android App Rating
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Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
Yes Yes
ECN Account
Yes Yes
DMA Account
Yes Yes
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No No
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No Yes
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
Commodities
  • Gold
  • Silver
  • Oil
  • Copper
  • Precious Metals
  • Oil
  • Gold
  • Silver
  • Natural Gas
  • Palladium
  • Platinum
CFD
Access CFDs across indices and commodities with leverage up to 1:200. We liked the good choice of platforms, however, the lack of additional trading features is disappointing. Trade a decent range of markets via CFDs, with commissions of $6 per lot. There is also a reasonable $10 minimum deposit and 24/7 customer support for new traders.
Leverage
1:200 1:500
FTSE Spread
Variable 7.7
GBPUSD Spread<
Variable 1.4
Oil Spread
Variable 0.8
Stocks Spread
NA Variable
Forex
FxPlayer offers an average suite of 38 forex pairs with competitive minimum spreads from 0.3 pips, in line with other brokers. The popular MT4 forex trading platform is also available. Go long or short on over 50 currency pairs with spreads from 0.6 pips on EUR/USD. Traders can access interactive tools on the forex industry’s most popular software, MetaTrader 4, with customizable charts, one-click trading and Expert Advisors (EAs) for algo trading.
Assets
38 55+
GBPUSD Spread
0.5 1.4
EURUSD Spread
0.4 0.6
EURGBP Spread
0.5 1.5
Cryptocurrency
An impressive selection of 35 crypto pairs are on offer, including BTC/USD and DOGE/USD. There is also high leverage up to 1:100 for experienced crypto traders, which is more than you will find at most competitors.
Spread
Variable
Coins
  • BTC
  • DASH
  • ETH
  • LTC
  • BCH
  • XRP
  • NEO
  • IOTA
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
FxPlayer LonghornFX
Review
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