HORIZON FX PRO

HORIZON FX PRO presents a significant safety concern from a regulatory standpoint. Its overall WikiFX score is 1.47, which reflects a critical lack of regulatory compliance. The broker is registered in Saint Vincent and the Grenadines, an offshore jurisdiction that does not offer credible oversight or client fund protection schemes typical of major financial authorities. Therefore, it is considered a high-risk entity for trading.

HORIZON FX PRO LTD is not regulated. According to WikiFX data, the broker holds no valid forex trading licenses from recognized authorities such as the UK's Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), or the Cyprus Securities and Exchange Commission (CySEC). It operates as an unregulated entity.

HORIZON FX PRO offers varying minimum deposits across its account types. The most accessible accounts, such as the PRO and VIP accounts, have a minimum deposit requirement as low as $0.01. A higher-tier CORPORATE account requires a minimum deposit of $0.5. These low entry barriers are common among unregulated brokers.

The WikiFX assessment indicates the broker's software index score is 4.0 out of 10, which suggests a basic technological offering. However, specific platform information is not explicitly listed. For definitive confirmation on whether it supports MetaTrader 4 (MT4) or MetaTrader 5 (MT5), prospective users should verify directly with the broker or check its official website.

Pros: 1. Very low minimum deposit, allowing for low-cost account initiation. Cons: 1. Unregulated Status: The broker operates without any license from a major financial regulator, exposing clients to high risk with no fund protection. 2. High-Risk Jurisdiction: Registration in Saint Vincent and the Grenadines, an offshore financial center known for minimal regulatory oversight. 3. Questionable Business Scope: WikiFX data flags the broker's business scope as 'Suspicious Scope of Business', indicating a lack of transparency and potential operational risks.

WikiFX assessment indicates that the broker has a severely low overall score of 1.47, which typically correlates with negative user feedback and operational issues. The lack of regulation significantly increases the risk of encountering problems related to fund withdrawals and fair trading practices.

Due to the temporary lack of publicly available data, it is not possible to determine whether it is available in the United States. In general, to judge whether a broker can be used in a certain region, you can refer to the following aspects: 1. Regulatory qualifications: Check whether the broker is regulated by major regulators (such as the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission in the United States). 2. Legal restrictions: Different countries and regions have different laws and regulations on forex and CFD trading. Some platforms may not provide services in certain regions. 3. Account opening information: Check whether the broker allows users from that region to register accounts. 4. Official announcements and customer service: Confirm the local usage policy through the broker's official website or customer service. 5. User feedback: Refer to other users' experience and complaints in that region. You can use the information above to judge its availability in the United States. At the same time, you can follow WikiFX updates on regulatory and availability data to get more accurate reference.

No, HORIZON FX PRO is not considered suitable for beginners. The primary reason is its complete lack of regulation, which is the most critical factor for new traders seeking a secure trading environment. While features like a low minimum deposit and leverage up to 1:500 may seem attractive, they come with extreme risk in an unsupervised setting. Beginners should prioritize brokers regulated by reputable authorities that offer educational resources, demo accounts, and robust client fund protections.

According to WikiFX data, HORIZON FX PRO offers at least three live account types: PRO, VIP, and CORPORATE. The key differences are in the minimum deposit requirements. The PRO and VIP accounts have a minimum deposit of $0.01, while the CORPORATE account requires $0.5. The data lists leverage of 1:500 and zero spread for all three, though specific terms like commissions or platform access are not detailed. It is important to note that offering such conditions without regulatory oversight is a common characteristic of high-risk entities.

HORIZON FX PRO offers leverage up to 1:500 across its account types. While high leverage can amplify potential profits, it also significantly increases the risk of substantial losses, especially for inexperienced traders. In this case, the risk is compounded exponentially because the broker is unregulated. There are no regulatory restrictions on its leverage offerings, nor are there mandated risk controls like negative balance protection. Therefore, trading with such high leverage at this entity carries an extremely high level of financial risk.

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.