What is LonghornFX Minimum Deposit? Is it Low or High?

According to the latest data as of July 2025, the minimum deposit for LonghornFX stands at 10 USD, which is considered a low level. This figure is lower than the average minimum deposit of 310 USD found among over 300 brokers analyzed by Traders Union.

Are here any fees or charges for making deposits at LonghornFX?

No, there are no fees or charges for making deposits at LonghornFX. However, fees may still be applied by the payment systems used. For example, credit card transactions can incur an average fee of 1-3% from the provider. If the broker does not separately compensate for this amount, you should be prepared for these additional costs.

What deposit methods does LonghornFX support? How long does account funding tipically take?

We have highlighted the popular payment systems and noted those supported by LonghornFX, along with the typical time required for transaction processing on the system's side.

It's important to note that some brokers only process deposits during business hours, so it is advisable to check the working hours with customer support. The availability of the Instant funding option indicates that deposits are processed automatically.

What are LonghornFX base account currencies?

For many traders, having an account in the base currency of their country or the asset they intend to trade is crucial. This helps avoid conversion fees Conversion fees occur when the deposit currency differs from your brokerage account currency and typically include an exchange rate markup and service charges, increasing your overall trading costs. To avoid conversion fees, fund your trading account in the same currency as your bank account. , simplifies accounting, and makes it easier to track performance in a familiar currency. Below, we compare the base account currencies available at LonghornFX with those offered by its competitors.

How much money do I need to start trading on LonghornFX?

The minimum amount required to start trading can differ from the advertised minimum deposit on LonghornFX. Some brokers claim to have no minimum deposit requirement, which means no minimum amount is needed to open an account. However, a certain amount is still necessary for actual trading.

The required trading amount to start trading on LonghornFX depends on the lot size and available leverage. We recommend not using leverage higher than 1:30, as suggested by most Tier-1 Forex regulators. The minimum amount required to start trading a micro lot with 1:30 leverage on LonghornFX is approximately $33.

Does LonghornFX offer a low minimum deposit Сent account?

No, LonghornFX does not offer a cent account. Cent accounts allow you to start trading with a very low minimum deposit, sometimes just a few dollars, with the account balance and trades displayed in cents. This is beneficial for new traders as it minimizes financial risk and allows for practicing trading strategies on a smaller scale.

If you are interested in trading with a cent account, we recommend considering brokers that do offer this option.

How to deposit money to the LonghornFX trading account?

Depositing money into your LonghornFX trading account is simple and quick. Follow these 6 easy steps:

• Log In to Your Account

  • Go to the LonghornFX website https://www.longhornfx.com/ or mobile app.
  • Enter your username and password to log in to your trading account.

• Go to the Deposit Section

  • Navigate to the "Deposit" or "Funding" section in the main menu or account settings.

• Select a Payment Method

  • Choose your preferred payment method from the options available: BTC, Visa / Mastercard, Skrill, Bank Wire, Neteller, USDT

• Enter Deposit Details

  • Specify the amount you wish to deposit. Keep in mind that LonghornFX minimum deposit is 10$
  • Provide the necessary information for the chosen payment method.

• Confirm the Transaction

  • Review your deposit details for accuracy.
  • Click "Deposit" or "Submit" to confirm the transaction.

• Check Your Account Balance

  • Once the deposit is processed, verify that the funds are credited to your account balance.

Pro tips for beginning traders

The following expert-backed practical advice can save you time, money, and potential headaches in terms of deposits and account management.

Many forex brokers offer attractive deposit bonuses ranging from 10% to 100% of your initial deposit. These bonuses can provide extra trading power by augmenting capital, potentially boosting gains.

While bonuses and different promotions from LonghornFX or any broker can be beneficial, especially for new traders looking to increase their trading capital, it's essential to view them as a tool rather than free money. Statistics show that only a small fraction of traders who accept bonuses actually manage to meet all conditions and fully benefit from them.

Key aspects to consider include:

• Most bonuses require you to trade a certain volume before you can withdraw the bonus or profit from its usage.
• Bonuses typically have an expiration date. The average timeframe in the industry is 30 to 90 days.
• Impact on trading strategy - traders with bonuses often are more likely to engage in high-risk trading behaviors.

Related Articles

• Is LonghornFX Regulated and Safe in 2025
  Mikhail Vnuchkov

  1 day ago
• LonghornFX Fees and Spreads (July 2025)
  Andrey Mastykin

  4 weeks ago
• GFS Minimum Deposit and Funding Options
  Andrey Mastykin

  1 hour ago
• MidasFX Minimum Deposit and Funding Options
  Andrey Mastykin

  1 hour ago
• Aron Groups Minimum Deposit and Funding Options
  Andrey Mastykin

  1 hour ago