Horizon Forex Broker

Horizon Forex Broker - Complete Information Guide

1. Broker Overview

　　Horizon Broker is a relatively new player in the online trading landscape, established in 2021. The brokerage is headquartered at 2 Frederick Street, Kings Cross, London, WC1X 0ND, United Kingdom. As a private entity, Horizon Broker aims to provide comprehensive trading services in the forex and CFDs markets, targeting both retail and institutional clients.

　　Since its inception, Horizon Broker has focused on creating a user-friendly trading environment, characterized by a sleek, minimalistic design that appeals to traders. The company operates under the premise of delivering a professional trading atmosphere, which is crucial in building trust with its clientele.

　　Over the past few years, Horizon Broker has made significant strides in establishing itself as a reputable trading platform. The firm is active and continues to expand its offerings and improve its services. Although it is still building its reputation, the broker has managed to attract a diverse client base, ranging from novice traders to experienced professionals.

　　As a high-end brokerage, Horizon Broker offers various account types and features aimed at enhancing the trading experience. The business model primarily revolves around providing retail forex trading and CFD services, catering to the needs of individual traders as well as institutional clients.

　　Horizon broker is committed to ensuring a secure and efficient trading environment, which is evident in its operational practices and customer support services.

2. Regulatory and Compliance Information

　　Horizon Broker currently operates without a specific regulatory license, which raises questions about its compliance and oversight. The absence of regulation means that the brokerage is not under the supervision of any major financial authority. This can pose risks for traders, as they may lack the protections typically afforded by regulated brokers.

　　The primary regulatory bodies in the financial industry include:

• Financial Conduct Authority (FCA) - United Kingdom
• Securities and Exchange Commission (SEC) - United States
• Australian Securities and Investments Commission (ASIC) - Australia

　　Since Horizon Broker does not have a regulatory license, it does not possess a regulatory number or an effective compliance framework. The firm does not participate in investor compensation schemes, which are crucial for safeguarding client funds in the event of broker insolvency.

　　In terms of client fund protection, Horizon Broker follows basic industry practices by implementing measures for client funds' segregation. However, the lack of a regulatory framework means that these practices are not legally enforced, leaving traders with limited recourse in case of disputes.

　　To comply with international standards, Horizon Broker is expected to implement Know Your Customer (KYC) and Anti-Money Laundering (AML) measures. These practices help verify the identity of clients and prevent illicit activities, although specific details on their implementation are not disclosed.

　　Horizon broker may need to address its regulatory status to enhance its credibility and attract more clients in the competitive trading environment.

3. Trading Products and Services

　　Horizon Broker offers a diverse range of trading products, focusing primarily on forex and CFDs. The platform provides access to a variety of currency pairs, including major, minor, and exotic pairs. Traders can expect to find popular currency pairs such as EUR/USD, GBP/USD, and USD/JPY, among others.

　　In addition to forex, Horizon Broker supports trading in several CFD product categories, which include:

• Indices: Major global indices such as the S&P 500, FTSE 100, and DAX 30.
• Commodities: A range of commodities, including oil, gold, and silver.
• Stocks: CFDs on stocks from various sectors and regions.
• Cryptocurrencies: Access to popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin.

　　Horizon Broker is committed to regularly updating its product offerings to meet the evolving needs of traders. While specific details about new product introductions are not provided, the firm aims to maintain a versatile trading environment.

　　The brokerage caters to both retail and institutional clients, providing tailored services to suit their trading preferences. Additionally, Horizon Broker may offer white-label solutions and asset management services, although specific details on these services are not explicitly mentioned in the available resources.

　　Horizon broker emphasizes its commitment to providing a comprehensive trading experience by offering a wide range of products and services.

4. Trading Platforms and Technology

　　Horizon Broker utilizes a proprietary trading platform designed to offer a full range of functionality and an intuitive user interface. While details about the platform's specific features are limited, it is designed to cater to both novice and experienced traders, ensuring ease of use and efficient navigation.

　　The trading platform is accessible via web and mobile applications, allowing traders to manage their accounts and execute trades on the go. The mobile app is compatible with both iOS and Android devices, providing flexibility for users who prefer trading from their smartphones or tablets.

　　Horizon Broker does not currently support MetaTrader 4 or MetaTrader 5, which are popular trading platforms among forex traders. Instead, the proprietary platform is expected to offer various analytical tools, charting options, and features that facilitate technical and fundamental analysis.

　　The execution model employed by Horizon Broker is not explicitly stated; however, it aims to provide a seamless trading experience. The brokerage is likely to utilize advanced technology infrastructure to ensure fast order execution and minimal slippage.

　　API access and automated trading support may be available, although the specifics are not detailed in the available information. The broker's commitment to technology and innovation is evident in its platform design and functionality.

　　Horizon broker strives to provide a robust trading environment through its proprietary platform and technological advancements.

5. Account Types and Trading Conditions

　　Horizon Broker offers several account types tailored to meet the diverse needs of its clients. The basic account requires a minimum deposit of $10,000, which may be considered high for some traders. The broker provides various account tiers, each with specific features and benefits.

Account Types:

• 　　Basic Account:

• 　　Minimum Deposit: $10,000

• 　　Dedicated account manager

• 　　Basic market training and risk management training

• 　　Standard Account:

• 　　Minimum Deposit: $25,000

• 　　Includes features from the Basic Account plus daily trading alerts

• 　　Super Account:

• 　　Minimum Deposit: $50,000

• 　　Additional benefits include risk-free trades and advanced training sessions

• 　　Ultimate Account:

• 　　Minimum Deposit: $100,000

• 　　Access to VIP trading signals and exclusive events

• 　　Maximum Account:

• 　　Minimum Deposit: $250,000

• 　　Premium features including higher leverage and managed account services

　　Horizon Broker allows scalping and offers a maximum leverage of 1:500, which can significantly enhance trading potential but also increases risk. The spreads start from 0.0 pips, promising a competitive pricing structure for traders.

　　The brokerage does not provide a demo account, which may limit the ability of new traders to practice before committing real funds. Additionally, the minimum trading lot size and overnight fees are not explicitly mentioned in the available resources.

　　Horizon broker aims to cater to a wide range of traders by offering various account types and competitive trading conditions.

6. Fund Management

　　Horizon Broker supports multiple deposit methods, facilitating a smooth funding process for its clients. Accepted deposit methods include bank transfers, credit cards, and electronic wallets, although specific details on the supported e-wallets are not provided.

Deposit Information:

• 　　Minimum Deposit Requirement:

• 　　Varies by account type (starting from $10,000)

• 　　Processing Time:

• 　　Deposit processing times are generally quick, though specific durations are not disclosed.

• 　　Deposit Fees:

• 　　Information on deposit fees is not explicitly mentioned.

　　In terms of withdrawals, Horizon Broker offers various methods for clients to access their funds. However, specific withdrawal limits and processing times are not detailed in the available resources. Clients are advised to check with customer support for the most accurate information regarding withdrawal policies.

Withdrawal Information:

• 　　Withdrawal Methods:

• 　　Various options available, including bank transfers and credit cards.

• 　　Withdrawal Processing Time:

• 　　Not specified in the available information.

• 　　Withdrawal Fees:

• 　　Information on withdrawal fees is not explicitly mentioned.

　　Horizon broker aims to provide flexible funding options, although the lack of detailed information on fees and processing times may require further clarification from the brokerage.

7. Customer Support and Educational Resources

　　Horizon Broker offers various customer support channels to assist its clients. Support options include phone, email, and online chat, ensuring that traders can reach out for assistance whenever needed.

Support Details:

• 　　Support Channels:

• 　　Phone: +44 204 525 5495

• 　　Email: support@trade-horizon.com

• 　　Online chat (availability not specified)

• 　　Service Hours:

• 　　Customer support is available 24/5, providing coverage during the trading week.

• 　　Languages Supported:

• 　　Primarily English, although additional languages may be offered.

　　Horizon Broker also emphasizes the importance of education for its traders. The brokerage provides various educational resources, including webinars, tutorials, and market analysis services. Traders can access daily market analysis, news updates, and research reports to enhance their trading knowledge.

Educational Resources:

• 　　Webinars and Tutorials:

• 　　Offered to help traders understand the platform and improve their trading skills.

• 　　Market Analysis Services:

• 　　Daily analysis, news, and research reports available to clients.

• 　　Trading Tools:

• 　　Tools such as calculators, economic calendars, and signal services may be provided to assist traders in their decision-making process.

　　Horizon broker is committed to supporting its clients through effective customer service and educational resources.

8. Regional Coverage and Restrictions

　　Horizon Broker primarily serves clients in the United Kingdom and aims to expand its reach to other regions. The brokerage operates from its headquarters in London, which positions it favorably in a regulated environment.

Service Markets:

• 　　Primary Markets:

• 　　United Kingdom and potentially other regions.

• 　　Regional Offices:

• 　　Currently, the main office is situated in London, with no additional regional offices specified.

• 　　Restricted Countries:

• 　　Specific countries or regions where services are not offered are not detailed in the available information.

• 　　Special Restrictions:

• 　　Horizon Broker may have limitations on serving clients from jurisdictions with stringent regulatory requirements or where it is not licensed to operate.

　　Horizon broker focuses on expanding its market presence while adhering to the regulatory landscape of the regions it serves.

　　In conclusion, Horizon Broker presents itself as a promising option for traders seeking a high-end trading experience. However, potential clients should consider the lack of regulation and ensure they are comfortable with the associated risks before engaging with the platform.