Is LHFX cheaper than FxOpen?

On commission alone, no. FxOpen advertises $1.50 per lot on the ECN account versus $3 per side ($6 round trip) at LHFX. But FxOpen's $100 ECN minimum is 10x LHFX's $10, and LHFX's automated 13-minute crypto withdrawals are faster than what FxOpen publishes.

Does FxOpen offer MT5?

Yes. FxOpen supports MT4, MT5, its own TickTrader platform, and TradingView integration. LHFX runs MetaTrader 5 only as a direct MetaQuotes licensee. If you only need MT5, both work; if you want TickTrader or MT4, FxOpen keeps them.

Which is more regulated, LHFX or FxOpen?

FxOpen operates under ASIC (Australia) and FCA (UK) for its regulated entities, plus an unregulated Saint Kitts and Nevis offshore entity for global retail clients. LHFX is regulated by the FSC Mauritius (Longhorn Ltd, GB23202204) and the FSCA South Africa (LHFX SA Pty Ltd, FSP 52816). FxOpen has more top-tier licences; LHFX is fully regulated on its operating entities.

Can I switch from FxOpen to LHFX?

Yes. Open an LHFX account, complete KYC, and fund from $10 by crypto, Skrill, Neteller or bank wire. There is no closing fee at FxOpen so you can move at your own pace and keep both running while you compare.

Does LHFX support Islamic accounts like FxOpen?

Yes. LHFX offers swap-free Islamic accounts on request. FxOpen claims to have launched a Sharia-compliant forex offering in 2005. Both brokers cover this requirement.

FxOpen Alternative: Why Traders Switch to LHFX

FxOpen has been around since 2005 with a low ECN commission and the TickTrader platform. LHFX takes a different angle with a $10 minimum, MT5 focus, and faster automated crypto withdrawals.

$3 per side commission, $10 minimum deposit, 1:500 leverage, and crypto withdrawals averaging 13 minutes. See the full breakdown below.

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Quick Comparison

LHFX vs FxOpen at a glance.

Feature

LHFX

FxOpen

Commission

$3 per side ($6 round trip)

From $1.50 per lot on ECN account

Minimum Deposit

$10

$1 (Micro), $100 (ECN)

Spreads

From 0.0 pips

From 0.0 pips (ECN)

Leverage

Up to 1:500

Up to 1:500 (offshore), 1:30 (AU/EU)

Platforms

MetaTrader 5

MT4, MT5, TickTrader, TradingView integration

Instruments

132+ across forex, indices, commodities, crypto, stocks

Around 150+ including 50+ FX, 43 crypto pairs, US stocks

Execution

STP/ECN

STP and ECN account options

Regulation

FSC Mauritius (GB23202204), FSCA South Africa (FSP 52816)

ASIC, FCA, plus Saint Kitts and Nevis offshore entity

Crypto Deposits/Withdrawals

BTC, ETH, USDT and more, 13-minute average payout

Crypto deposits and withdrawals supported

Islamic Account

Yes, swap-free available

Yes, Sharia-compliant offering since 2005

Where LHFX Wins

The areas where LHFX offers a clear advantage over FxOpen.

Lower ECN minimum

LHFX gives raw spreads and STP/ECN execution from $10. FxOpen requires $100 to access the ECN account where the $1.50 per lot pricing applies.

MT5 focus

LHFX is a direct MetaQuotes licensee running MT5 only. FxOpen splits across MT4, MT5, TickTrader and TradingView, which is more choice but more fragmentation.

Faster automated payouts

Crypto withdrawals average 13 minutes at LHFX through automated processing. FxOpen supports crypto withdrawals but does not publish an average time.

Simpler account structure

LHFX has one account type with one commission. FxOpen has Micro, STP, ECN and Crypto accounts, each with different minimums and pricing.

Swap-free as standard

LHFX offers Islamic accounts with no overnight swap on standard request. FxOpen also offers Sharia-compliant trading; both are comparable on this row.

Where FxOpen Wins

FxOpen has genuine strengths. Here is where they come out ahead.

Lower per-lot commission

FxOpen advertises $1.50 per lot on the ECN account, well below LHFX's $3 per side ($6 round trip). For very high-frequency volume, FxOpen is cheaper on commission alone.

More crypto pairs

FxOpen lists around 43 crypto CFD pairs across major and minor coins. LHFX offers a tighter selection of major crypto CFDs.

Wider platform choice

MT4, MT5, TickTrader (their proprietary platform) and TradingView integration. LHFX is MT5 only.

Longer history

FxOpen has been operating since 2005, over 20 years. It also claims to have launched the first Sharia-compliant forex account that same year.

Who Should Choose LHFX

You want ECN-style raw spreads from $10, not $100
You want a 13-minute average crypto withdrawal time
You want MT5 as your primary platform
You want a single account with one commission, not four account types
You want FSCA South Africa regulation alongside Mauritius

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Who Should Stick with FxOpen

You want the lowest possible commission and trade enough volume to use it
You want 40+ crypto CFD pairs
You want TickTrader or cTrader-style platforms in addition to MetaTrader
You value a 20+ year operating history
You want both STP and ECN as separate account choices

Making the Switch

Moving from FxOpen to LHFX takes minutes, not days.

Open an LHFX Account

$10 minimum deposit. Registration takes about 2 minutes.

Verify Your Identity

Upload a government-issued ID. Most verifications complete within a few hours.

Fund and Start Trading

Deposit via crypto, Skrill, or Neteller and place your first trade on MT5 or LHFX Trade.

Open an LHFX Account

$10 minimum deposit. Registration takes about 2 minutes.

Verify Your Identity

Upload a government-issued ID. Most verifications complete within a few hours.

Fund and Start Trading

Deposit via crypto, Skrill, or Neteller and place your first trade on MT5 or LHFX Trade.

Frequently Asked Questions

Learn more:Account Types·Spreads & Fees·ECN Execution·Leverage·Demo Account·Deposit & Withdrawal·Security & Official Channels·LHFX vs IC Markets·LHFX vs Pepperstone

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$10 minimum deposit. $3 per side commission. Raw spreads from 0.0 pips. Crypto withdrawals averaging 13 minutes.

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