Horizon FX Broker Review

Horizon Fx 2025 Review: Everything You Need to Know

Summary

　　The Horizon Fx review reveals a predominantly negative outlook on this broker, characterized by a lack of regulation and numerous user complaints. Key findings indicate that Horizon Fx operates as an unregulated entity, posing significant risks to traders, particularly concerning fund security and withdrawal issues.

　　Note: It is crucial to distinguish between different entities operating under similar names, as this can impact the regulatory status and safety of your investments. The following review is based on a comprehensive analysis of various sources to ensure fairness and accuracy.

Ratings Overview

　　We evaluate brokers based on user feedback, regulatory status, and expert analysis.

Broker Overview

　　Established in an unspecified year, Horizon Fx is an online trading platform that claims to offer access to various financial markets. The broker promotes trading on the MetaTrader 4 (MT4) platform, although user reports indicate difficulties in accessing this service. Horizon Fx deals in forex, cryptocurrencies, and contracts for difference (CFDs) but lacks the necessary regulatory oversight, which is a significant red flag for potential investors.

Detailed Breakdown

Regulatory Status

　　Horizon Fx operates without regulation from any recognized financial authority. The Spanish financial regulator, CNMV, has blacklisted Horizon Fx, warning investors of the risks associated with trading through this platform. This lack of oversight means that traders have no legal recourse in the event of disputes or fund mismanagement.

Deposit and Withdrawal Methods

　　The minimum deposit required to open an account with Horizon Fx is reported to be $100. However, there is a concerning lack of transparency regarding available payment methods and withdrawal options. Users have reported significant challenges when attempting to withdraw their funds, with some claiming their accounts were blocked or funds were withheld without explanation.

Trading Conditions

　　Horizon Fx claims to offer competitive trading conditions, including spreads starting from 0.3 pips and leverage as high as 1:1000. However, these claims are unverified due to the inability to access the trading platform during the review process. Such high leverage ratios can pose substantial risks, especially for inexperienced traders.

Available Assets

　　Horizon Fx provides access to a range of trading instruments, including forex pairs, cryptocurrencies, and CFDs. However, the absence of a reliable platform raises questions about the actual availability of these assets for trading.

Customer Support

　　Customer service at Horizon Fx has been reported as lacking, with users experiencing difficulties in obtaining assistance. The absence of a clear contact method or responsive support team further diminishes trust in this broker.

User Experience

　　User experiences with Horizon Fx are overwhelmingly negative, with many traders reporting issues related to fund withdrawals and customer support. Comments indicate a pattern of high-pressure tactics to deposit more funds, followed by a lack of communication once the broker has received the funds.

Final Ratings Overview

Detailed Explanations

• Account Conditions (2/10): The minimum deposit is low, but the lack of clarity on fees and withdrawal processes raises concerns.
• Tools and Resources (3/10): While MT4 is advertised, users report difficulties accessing it, diminishing the overall value of trading tools.
• Customer Service (2/10): Reports of unresponsive support teams and blocked accounts highlight significant deficiencies in customer service.
• Trading Setup (3/10): Promised trading conditions are attractive, but unverified claims make them questionable.
• Trustworthiness (1/10): The absence of regulation and negative user feedback strongly indicate that Horizon Fx is not a trustworthy broker.
• User Experience (2/10): Overall, user experiences are marked by frustration, with many traders advising against engaging with Horizon Fx.

　　In conclusion, the Horizon Fx review suggests that potential investors should exercise extreme caution. The broker's lack of regulation, poor customer service, and negative user feedback present substantial risks that could lead to significant financial losses. It is advisable to choose a regulated and reputable broker for trading activities to ensure the safety of your investments.