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Exceeded
Score
3.77 /10
Danger
LHFX
Within 1 yearRegulated in South Africa
Financial Service Corporate
White label MT4
Regional Brokers
Suspicious Overrun
Medium potential risk
Influence
C
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index3.51
Business Index3.92
Risk Management Index0.00
Software Index7.67
License Index3.51
Open Account
Website
Licenses
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
Previous Detection :
2025-07-08
- This broker exceeds the business scope regulated by South Africa FSCA(license number: 52816)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!
WikiFX Verification
| LHFX Review Summary | |
| Founded | 2024 |
| Registered Country/Region | Mauritius |
| Regulation | Suspected Clone |
| Market Instruments | CFD pairs, stocks, currency pairs, indices, and commodities |
| Demo Account | Yes |
| Leverage | Up to 1:500 |
| Spread | 0.08 pips for EUR/USD |
| Trading Platform | MetaTrader 4 |
| 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 4 platform on both PC and mobile, with a minimum deposit of $10 advised. The platform features tight spreads starting at 0.08 pips for EUR/USD and charges a commission of $6 per lot across all instruments, with no fees for deposits or withdrawals. Demo and Islamic accounts are also available.
Pros and Cons
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Is LHFX Legit?
LHFX's regulatory status is marked as a “Suspected Clone,” with a Financial Service Corporate licence regulated by the Financial Sector Conduct Authority (FSCA) in South Africa under license number 52816.
| Regulatory Status | Suspected Clone |
| Regulated by | South Africa |
| Licensed Institution | The Financial Sector Conduct Authority (FSCA) |
| Licensed Type | Financial Service Corporate |
| Licensed Number | 52816 |
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 0.08 pips. Other spreads vary, for example, AUD/USD has a spread of 0.09 pips, while DASH/USD has a significantly wider spread of 260 pips.
Commissions: LHFX charges a straightforward commission of $6 per lot across all instruments.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MetaTrader 4 | ✔ | 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.
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