CryptoRocket vs LonghornFX

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

CryptoRocket vs LonghornFX Comparison Table 2024
CryptoRocket LonghornFX
rating empty
rating full
1.5
rating empty
rating full
3
CryptoRocket is ranked #96 among CFD brokers. LonghornFX is ranked #78 among CFD brokers.
CryptoRocket is an offshore broker offering low-cost trading on popular digital currencies, plus stocks, indices, and commodities. Scalping, bots and hedging strategies are also permitted on the MT4 or MT5 platforms. Traders can access high leverage up to 1:500 and enjoy 24/7 customer support. 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
  • I’m happy to see integration with both the MT4 and MT5 platforms - two of the most reliable and feature-rich terminals on the market
  • I like that the broker lets you have multiple live and demo accounts open at the same, on both the MT4 and MT5 platforms
  • It’s good to see that beginners can get started with just a $10 minimum deposit and there are no minimum trade sizes
  • CryptoRocket offers a very strong range of crypto pairs for those who are primarily looking to trade the digital markets
  • True ECN broker
  • MetaTrader 4 platform
  • Multiple asset classes
  • Flexible leverage up to 1:500
  • Customer support is available 24/7
  • Integrated step-by-step user videos
  • Demo account with unlimited virtual funds
Cons
  • Compared to other brands, CryptoRocket only offers a few payment methods, with no e-wallets available. Plus, you can only withdraw using Bitcoin, which will be inconvenient for some
  • I’m concerned about the lack of regulatory oversight at CryptoRocket, which means traders won’t have access to any fund protection or compensation schemes
  • I think it’s a shame that there are no copy-trading tools or social trading features at this broker, which are typically popular among beginners
  • The lack of additional analysis tools and educational resources is a major drawback compared to most alternative brands
  • Unregulated
  • No copy trading
  • Only one account type
  • Bitcoin withdrawals only
  • No bonuses or financial incentives
Awards
  • Best Cryptocurrency Broker 2020
  • Crypto Broker of the Year 2020
  • Best Newcomer Broker - 2020
  • Best New Forex Broker - 2020
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
Cryptos, Forex, Stocks, Indices, Commodities CFDs, Forex, Stocks, Indices, Commodities, Cryptos
Demo Account
Yes Yes
Minimum Deposit
$10 $0
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Mobile Apps
iOS & Android iOS & Android
iOS App Rating
rating empty
rating empty
Android App Rating
rating empty
rating empty
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
No 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
No No
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes
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
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
Commodities
  • Gold
  • Silver
  • Oil
  • Platinum
  • Oil
  • Gold
  • Silver
  • Natural Gas
  • Palladium
  • Platinum
CFD
CryptoRocket offers a modest range of CFDs covering forex, stocks, commodities and cryptos with a low $10 minimum deposit and no limits on trade size. That said, it’s frustrating that there are no additional tools or resources outside of the MetaTrader terminals to enhance your CFD trading strategies. 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
1:500 1:500
FTSE Spread
7.7 7.7
GBPUSD Spread<
1.5 1.4
Oil Spread
8.7 0.8
Stocks Spread
Variable Variable
Forex
I was pleased to find a strong range of 55 major, minor and exotic currency pairs at CryptoRocket with competitive spreads from 0.6 pips on EUR/USD. Experienced traders can also utilize the high leverage ratios up to 1:500. That said, I think it’s a shame that there’s no forex market analysis available for traders. Go long or short on over 50 currency pairs with spreads from 0.6 pips on EUR/USD. Traders can access market-leading forex tools in the MT4 platform, including customisable forex charts and algorithmic trading.
Assets
55 55+
GBPUSD Spread
1.5 1.4
EURUSD Spread
0.6 0.6
EURGBP Spread
0.4 1.5
Cryptocurrency
I was impressed with the broker’s range of 35+ cryptocurrency pairs, including ETHUSD, BTCUSD and XRPUSD. I strongly recommend utilizing the MT4 or MT5 demo accounts if you’re new to crypto trading. CryptoRocket allows you to have as many live and demo accounts open simultaneously, so you can continually practice and execute your strategies. 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 Variable
Coins
  • ADA
  • DOGE
  • EOS
  • ETH
  • NEO
  • OMG
  • SOL
  • XMR
  • ZEC
  • BTC
  • DOT
  • IOTA
  • QTUM
  • TRX
  • XRP
  • DASH
  • EDO
  • ETC
  • ETP
  • LTC
  • SAN
  • USDT
  • XTZ
  • 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
CryptoRocket LonghornFX
More Comparisons
CryptoRocket
vs

LonghornFX
vs