Horizon Markets

According to WikiFX data, Horizon Markets has a core score of 2.00 and is classified as not regulated. The broker is registered in Saint Vincent and the Grenadines, an offshore jurisdiction with limited regulatory oversight. While the broker offers multiple account types with low minimum deposits, the absence of regulatory supervision and the low WikiFX score indicate a high-risk profile. Traders should carefully consider these factors when evaluating the broker's safety and reliability.

No, Horizon Markets is not regulated by any recognized financial authority. According to WikiFX data, its license list is empty and its regulatory status is explicitly marked as 'Not Regulated'.

According to WikiFX data, the minimum deposit for Horizon Markets is $100 for the Basic account. The Standard account requires $500, and the Professional account requires $5000.

WikiFX data does not currently specify whether Horizon Markets supports MT4 or MT5 trading platforms. The account details indicate support for Expert Advisors (EA) and scalping, which are commonly associated with these platforms, but no official confirmation is available.

Based on WikiFX data, Horizon Markets has the following pros and cons: Pro: Low minimum deposit of $100 for the Basic account, making it accessible for small investors. Cons: Not regulated by any recognized financial authority, increasing counterparty risk. Low WikiFX core score of 2.00, reflecting a high-risk profile. Registered in Saint Vincent and the Grenadines, an offshore jurisdiction with weak regulatory oversight.

According to WikiFX data, there are currently no user complaints against Horizon Markets. One user review reported a positive experience with deposit and withdrawal speed.

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.

Horizon Markets offers a Basic account with a low minimum deposit of $100 and leverage up to 1:100, which can be accessible for beginners. However, according to WikiFX data, the broker is not regulated and has a low core score of 2.00, indicating higher risk. Beginners should carefully evaluate the lack of regulatory protections and the overall risk profile before considering this broker.

According to WikiFX data, Horizon Markets offers three account types: Basic: minimum deposit $100, spread from 3, maximum leverage 1:100. Standard: minimum deposit $500, spread from 1.5, maximum leverage 1:200. Professional: minimum deposit $5000, spread from 0.7, maximum leverage 1:400. All accounts support scalping, Expert Advisors (EA), and allow position locking. No Islamic account options are indicated.

Horizon Markets offers maximum leverage up to 1:400 on the Professional account, 1:200 on the Standard account, and 1:100 on the Basic account. High leverage amplifies both potential profits and losses. Given that Horizon Markets is not regulated and has a low WikiFX core score of 2.00, the overall risk level is considered high. Traders should exercise caution and fully understand leverage risks.

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

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.

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

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.