Horizon Markets

Horizon Markets holds a low core score of 1.96 and is not regulated by any recognized financial authority. The broker is registered in Saint Vincent and the Grenadines, a jurisdiction with limited regulatory oversight. Based on this information, the safety and reliability of the broker are not assured.

No, Horizon Markets is not regulated. The latest data indicates its regulatory status as 'Not Regulated', and no valid licenses from any financial authority are listed.

The minimum deposit for Horizon Markets depends on the account type: Basic account requires $100, Standard account requires $500, and Professional account requires $5,000.

The broker data does not explicitly specify whether MetaTrader 4 or MetaTrader 5 is supported. It is not currently publicly disclosed.

Pros: Offers multiple account types with low minimum deposits (from $100), supports scalping and EA trading, and provides leverage up to 1:400. Cons: Not regulated, registered in a high-risk jurisdiction, and has a low overall score (1.96). There is no publicly available information on trading platforms or execution quality.

No user complaints have been publicly reported. The only available user feedback is a positive review regarding fast deposits and withdrawals.

Horizon Markets is not regulated by US authorities (such as the CFTC or NFA) and is registered in Saint Vincent and the Grenadines. It is not publicly specified whether the broker accepts US clients, but given the regulatory status, it is unlikely to be available for US residents.

Horizon Markets offers a low minimum deposit ($100) and supports automated trading, which may appeal to beginners. However, the lack of regulation and low overall score indicate significant risks. Beginners should carefully consider these factors before trading.

Horizon Markets offers three account types: Basic (minimum deposit $100, spreads from 3 pips, leverage up to 1:100), Standard (minimum deposit $500, spreads from 1.5 pips, leverage up to 1:200), and Professional (minimum deposit $5,000, spreads from 0.7 pips, leverage up to 1:400). All accounts allow scalping, hedging, and EA use.

Leverage varies by account: Basic 1:100, Standard 1:200, Professional 1:400. Higher leverage amplifies both potential gains and losses, posing significant risk. The broker is not regulated, further increasing the risk profile.

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.