Harris Forex Broker provides real users with * positive reviews, * neutral reviews and 2 exposure review!
Business
License
I have been cheated by the Harris Financial Group broker, because I had to re-deposit with unreasonable reasons.
i cant withdraw any amount from this Broker... i have a balance $25000 in my account.. CS said i must top up $5000 for activation withdraw feature.. This Broker is full Scammer
Summary: The Harris forex broker has garnered a largely negative reputation, primarily due to its unregulated status and lack of transparency. Users have reported significant concerns regarding the safety of funds and the legitimacy of the broker, with many labeling it as a potential scam. Notably, the broker claims to offer competitive trading conditions but lacks the necessary regulatory oversight to ensure client security.
Note: It is essential to consider the different entities operating under the Harris name, as this can influence user experiences and regulatory compliance. This review aims to provide a balanced perspective based on various sources to ensure fairness and accuracy.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 2 |
| Tools and Resources | 3 |
| Customer Service and Support | 2 |
| Trading Experience | 1 |
| Trustworthiness | 1 |
| User Experience | 2 |
We evaluate brokers based on user feedback, expert opinions, and factual data.
Harris, operating under various entities, is primarily recognized as an offshore forex broker. The exact year of establishment is unclear, but the broker claims to provide a wide range of trading instruments, including forex pairs, commodities, and cryptocurrencies. It utilizes the popular MetaTrader 5 platform, which is widely favored among traders. However, it lacks any substantial regulatory framework, raising concerns about the safety of client funds.
Regulated Regions: Harris operates as an offshore broker, meaning it is not regulated by any significant financial authority. This lack of oversight is a major red flag for potential clients. Users have expressed concerns about the broker's legitimacy, with many suggesting that it operates in a manner typical of fraudulent schemes.
Deposit/Withdrawal Currencies: The broker allows deposits in various currencies, including USD and cryptocurrencies. However, the absence of clear and reliable information regarding withdrawal processes has led to skepticism among users.
Minimum Deposit: Harris claims a low minimum deposit requirement of $100, making it accessible for new traders. However, this low barrier to entry does not compensate for the significant risks associated with trading through an unregulated broker.
Bonuses/Promotions: There is no substantial information regarding bonuses or promotions offered by Harris. This absence may suggest a lack of competitive trading incentives compared to regulated brokers.
Tradeable Asset Classes: Harris offers a range of asset classes, including forex, commodities, and cryptocurrencies. However, the quality and execution of trades remain questionable due to the broker's unregulated status.
Costs (Spreads, Fees, Commissions): Users have reported vague and potentially misleading information regarding spreads and fees. The lack of transparency in this area raises concerns about hidden costs that could impact trading profitability.
Leverage: The broker offers leverage of up to 1:100, which is relatively standard in the industry. However, given its unregulated nature, traders should exercise extreme caution when using high leverage.
Allowed Trading Platforms: Harris primarily uses MetaTrader 5, a widely respected trading platform known for its user-friendly interface and extensive analytical tools. However, the platform's effectiveness is undermined by the broker's lack of regulatory oversight.
Restricted Regions: The broker does not provide clear information on restricted regions, which can lead to potential legal issues for traders in certain jurisdictions.
Available Customer Service Languages: Customer service appears to be limited, with users reporting difficulties in reaching support. The lack of responsiveness is a significant concern, especially for traders seeking timely assistance.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 2 |
| Tools and Resources | 3 |
| Customer Service and Support | 2 |
| Trading Experience | 1 |
| Trustworthiness | 1 |
| User Experience | 2 |
Account Conditions: The conditions offered by Harris are rated poorly due to the lack of regulatory oversight, which is critical for ensuring the safety of client funds.
Tools and Resources: While the broker provides access to the MetaTrader 5 platform, the overall tools and resources available are insufficient to support traders effectively.
Customer Service and Support: Users have expressed frustration with the broker's customer service, citing long response times and unhelpful support staff.
Trading Experience: The trading experience is severely impacted by the broker's unregulated status, with many users reporting issues with fund withdrawals and trade execution.
Trustworthiness: Harris has been labeled as a potential scam by several sources, leading to a low trust rating. The absence of regulation and transparency is a significant factor in this assessment.
User Experience: Overall user experience is rated poorly due to the combination of unresponsive customer service, unclear fee structures, and concerns about fund safety.
In conclusion, the Harris 2025 review indicates a broker that poses significant risks to potential clients. The absence of regulation, coupled with negative user experiences, suggests that traders should exercise caution and consider more reputable alternatives. Always prioritize brokers with robust regulatory oversight and transparent practices to ensure a safe trading environment.
FX Broker Capital Trading Markets Review
