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Abstract:LIGFX, a trading name of LONGHOU INVESTMENT GROUP, is allegedly a forex and CFD broker registered in New Zealand that claims to provide its clients with various tradable financial instruments on the MetaTrader4 and MT4 Mobile trading platforms.
Note: LIGFX is to operate via the website - https://www.ligfx.com/, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
Risk Warning
New Zealand FSPR (license number: 330706)s regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
LIGFX, a trading name of LONGHOU INVESTMENT GROUP, is allegedly a forex and CFD broker registered in New Zealand that claims to provide its clients with various tradable financial instruments on the MetaTrader4 and MT4 Mobile trading platforms. Here is the home page of this brokers official site:
As this brokerage's website cannot be accessed, we were unable to obtain further details about its leverage, spreads, minimum deposit, etc.
As for regulation, it has been verified that LIGFX holds a revoked Financial Service Providers Register (FSPR) license. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.50/10. Please be aware of the risk.
Market Instruments
LIGFX advertises that it offers trading of currencies, CFDs and commodities.
Account Types
LIGFX offers demo and live accounts. However, we didnt find any information on the minimum initial deposit requirement to open an account.
Trading Platform Available
The platform available for trading at LIGFX is one of the most notable and preferred trading platforms the market offers - MetaTrader4 and MT4 Mobile. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT4 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.
Customer Support
LIGFX‘s customer support can be reached by telephone: +64-9302-0530, email: service@longhoufx.com. However, this broker doesn’t disclose other more direct contact information like the company address that most transparent brokers offer.
Pros & Cons
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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