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Trade Horizon is an online trading platform that claims to offer a variety of financial services, including forex trading, CFDs, and cryptocurrency investments. However, specific details regarding its founding date are not readily available, raising questions about its legitimacy and operational history.
Trade Horizon operates under the ownership of Planzone Limited. While the company claims to be registered in the United Kingdom, there are significant concerns regarding its regulatory compliance and transparency.
The company lists its headquarters as being located in the United Kingdom, specifically at 2 Frederick Street, Kings Cross, London. However, this claim has been met with skepticism due to the lack of regulatory oversight.
Trade Horizon purportedly serves a global clientele, offering access to various financial markets. However, its operations appear to be unregulated, which poses risks for potential investors.
Trade Horizon does not have authorization from any major regulatory bodies, including the Financial Conduct Authority (FCA) in the UK. Warnings have been issued by financial authorities in France and Belgium, labeling it as a fraudulent trading platform.
Trade Horizon has not publicly disclosed significant milestones that would typically be expected from an established broker. The absence of such information further raises concerns about its credibility.
While the company claims to offer a broad range of financial products, there is little evidence of a structured expansion plan or significant growth in its service offerings.
Trade Horizon has not provided transparent data regarding its customer base. Anecdotal evidence suggests that many users have reported difficulties in withdrawing funds, which may hinder customer retention and growth.
The platform claims to utilize both a proprietary trading interface and the popular MetaTrader 5 (MT5). However, there are concerns that the platform lacks the necessary functionality and reliability expected from established trading software.
Trade Horizon has not been recognized with any notable awards or accolades, which is often a red flag for potential investors seeking a reputable broker.
Trade Horizon claims to provide access to over 60 currency pairs, allowing traders to engage in forex trading 24/5. However, the platform's lack of regulation raises questions about the safety and reliability of these trading options.
The company offers trading on a selection of stocks, but specific details regarding the number of available stocks or the trading conditions are not provided, which can be a significant drawback for potential investors.
Trade Horizon advertises a range of CFDs, including indices, commodities, and precious metals. However, the lack of transparency in their offerings makes it difficult for traders to assess the actual value and conditions of these products.
In addition to forex and stocks, Trade Horizon claims to offer cryptocurrency trading and commodities. Yet, the unregulated nature of the broker raises concerns about the security of these investments.
Trade Horizon promotes features such as high leverage (up to 1:500) and low spreads starting from 0.0 pips. However, these claims should be approached with caution due to the broker's lack of regulatory oversight and transparency.
Trade Horizon is not regulated by any major financial authority. The FCA in the UK and the AMF in France have issued warnings against the broker, stating that it is not authorized to provide financial services in their jurisdictions.
The company claims to be registered in the UK under the name Planzone Limited, but its confirmation statement is overdue, raising further doubts about its legal standing.
Due to the lack of regulation, client funds are not protected by any compensation schemes, which poses a significant risk to investors.
While Trade Horizon claims to serve clients globally, the absence of regulatory compliance in key markets, such as the UK and EU countries, limits its credibility.
Trade Horizon has a troubling compliance history, with multiple warnings from financial authorities in France and Belgium labeling it as a fraudulent platform. This history raises serious concerns about the safety of trading with this broker.
Trade Horizon positions itself as a competitive player in the forex and CFD market; however, its lack of regulation and negative reviews significantly undermine its standing in the industry.
The primary differentiation factors claimed by Trade Horizon include high leverage, low spreads, and a variety of trading instruments. However, these claims are overshadowed by the brokers unregulated status and negative reputation.
In summary, Trade Horizon presents itself as an online trading platform with a wide array of services and features. However, the lack of regulatory oversight, transparency, and a troubling compliance history raises significant concerns for potential investors. It is crucial for traders to conduct thorough research and consider regulated alternatives to ensure the safety of their investments.
For more information on safer trading options, learn more.
This article aims to provide a comprehensive overview of Trade Horizon, emphasizing factual accuracy while maintaining an objective tone. It is essential for traders to approach this broker with caution, given the numerous red flags associated with its operations.
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