Trade Horizon Forex Broker

Trade Horizon Forex Broker - Complete Information Guide

1. Broker Overview

　　Trade Horizon is an online forex and CFD broker that has emerged in the financial trading landscape. While specific information regarding its founding year remains unclear, the broker claims to operate from the United Kingdom, specifically at 2 Frederick Street, Kings Cross, London, WC1X 0ND. The company is privately held, and its parent company is listed as Planzone Limited.

　　Trade Horizon primarily targets retail forex traders and cryptocurrency enthusiasts, offering a platform that caters to individuals looking to engage in online trading. The broker's development has been marked by its aggressive marketing strategies, promising a user-friendly interface and robust customer support. However, detailed milestones in its growth trajectory are not extensively documented.

　　The business model of Trade Horizon revolves around providing retail forex trading services and access to various financial instruments, including CFDs. Despite its claims of being a comprehensive trading platform, the lack of transparency regarding its operational history raises questions about its credibility in the industry.

2. Regulatory and Compliance Information

　　Trade Horizon's regulatory status is a significant concern for potential clients. The broker claims to be authorized by several regulatory agencies worldwide; however, it fails to provide specific details about these regulators. Notably, a search through the UK Financial Conduct Authority (FCA) revealed no registration for Trade Horizon, indicating that it operates without proper oversight.

　　The absence of a legitimate regulatory framework means that Trade Horizon does not adhere to critical safety standards, such as client fund segregation or participation in investor compensation schemes. Moreover, the broker's KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance measures are not adequately detailed, further undermining its credibility.

　　In summary, the lack of regulatory oversight from recognized authorities raises serious concerns about the safety of funds and the overall integrity of Trade Horizon as a broker.

3. Trading Products and Services

　　Trade Horizon claims to offer a diverse range of trading products, including:

• Forex Currency Pairs: The broker provides access to numerous forex pairs, although the exact number and major pairs offered are not explicitly mentioned.
• CFD Products: Trade Horizon advertises trading in various asset classes, including indices, commodities, stocks, and cryptocurrencies. However, detailed information regarding these products is sparse.
• Unique Trading Instruments: While the broker claims to offer unique instruments, specifics are not provided, leaving traders uncertain about what to expect.
• Retail Trading Services: Trade Horizon focuses on retail clients, providing them with access to various financial markets.
• Institutional Client Services: There is no clear indication that Trade Horizon caters to institutional clients, which raises questions about its market reach.
• Asset Management Services: The broker does not appear to offer any asset management services, which could enhance its appeal to a broader client base.

　　The frequency of product updates and the introduction of new instruments remain unspecified, leaving traders without a clear understanding of the broker's adaptability to market trends.

4. Trading Platforms and Technology

　　Trade Horizon offers its clients access to two trading platforms:

• MetaTrader 5 (MT5): The broker claims to support MT5, a widely recognized platform known for its advanced trading features. However, it is essential to note that MT5 is not proprietary to Trade Horizon and is available through numerous other brokers.
• Proprietary Trading Platform: Trade Horizon also mentions a custom-developed platform but fails to provide detailed information about its functionalities and advantages over other platforms.

　　The broker supports web-based trading and claims to have mobile applications available for both iOS and Android devices. However, the specifics regarding execution modes (such as ECN, STP, or Market Making) and the technical infrastructure, including server locations, are not disclosed.

　　Additionally, there is no mention of API access or automated trading support, which are critical for traders seeking advanced trading solutions.

5. Account Types and Trading Conditions

　　Trade Horizon offers several account types, each with varying minimum deposit requirements:

• Bronze Account: Requires a minimum deposit of $10,000.
• Silver Account: Minimum deposit of $25,000.
• Gold Account: Minimum deposit of $50,000.
• Premium Account: Minimum deposit of $100,000.
• Platinum Account: Minimum deposit of $250,000.

　　The broker does not provide specific details regarding spreads or commission structures across these accounts. Additionally, the availability of special account types, such as Islamic accounts or corporate accounts, is not mentioned.

　　Leverage offered by Trade Horizon can go up to 1:500, which is significantly higher than the industry standard. However, such high leverage can increase risk exposure for traders. The minimum trade size and overnight fees are not clearly outlined, leaving traders without essential information.

6. Fund Management

　　Trade Horizon supports various deposit methods, including:

• Bank Transfers
• Credit/Debit Cards
• E-Wallets

　　The minimum deposit requirement varies by account type, starting at $10,000 for the Bronze account. Processing times for deposits are not specified, and any associated fees remain unclear.

　　Withdrawal methods and limitations are also not explicitly detailed. Clients have reported difficulties in withdrawing funds, which is a significant red flag for any broker. The processing time for withdrawals is not provided, and there is no clear fee structure for withdrawing funds.

7. Customer Support and Educational Resources

　　Trade Horizon claims to offer customer support through various channels, including:

• Phone Support
• Email Support
• Online Contact Form

　　However, the absence of live chat and social media support limits immediate assistance options. The broker's service hours and time zone coverage are not specified, which could impact traders seeking timely support.

　　The broker does not appear to offer substantial educational resources, such as webinars, tutorials, or e-books. Market analysis services, including daily reports or research, are also lacking, which could hinder traders' ability to make informed decisions.

8. Regional Coverage and Restrictions

　　Trade Horizon primarily targets the UK market and claims to operate in various jurisdictions. However, it is essential to note that the broker has been blacklisted by financial regulators in multiple countries, including France and Belgium, for operating without the necessary licenses.

　　As a result, it is advisable for potential clients to exercise caution, as the broker may not accept clients from regions where it is not authorized to operate. Specific countries or regions where Trade Horizon does not accept clients are not disclosed, making it challenging for traders to determine their eligibility.

　　In conclusion, while Trade Horizon presents itself as a comprehensive trading platform, significant concerns regarding its regulatory status, transparency, and customer support raise red flags. The lack of detailed information about its services and operations suggests that potential clients should approach this broker with caution.