Score

1.15 /10
Danger

horbaxglobal.com

United Kingdom

1-2 years

Suspicious Regulatory License

High potential risk

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Comparison

Quantity 1

Exposure

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Score

Regulatory Index0.00

Business Index4.21

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
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horbaxglobal.com · Company summary
horbaxglobal.com Basic Information
Company Name horbaxglobal.com
Headquarters United Kingdom
Regulations Not regulated
Tradable Assets Cryptocurrencies, forex, commodities, indexes, stocks, ETFs
Investment Plan Starter Plan, Bitcoin Mining Plan, Expert Plan, Premium Plan, Bitcoin Halvings Plan
Customer Support Email (support@horbaxglobal.com)

Overview of horbaxglobal.com

horbaxglobal.com, based in the United Kingdom, is an online trading platform designed to meet the needs of global traders. It prides itself on providing an extensive selection of financial instruments, allowing traders to participate in diverse markets, spanning cryptocurrencies, forex, commodities, indexes, stocks, ETFs, and cutting-edgePre-IPOopportunities. However, it's essential to highlight that horbaxglobal.com operates independently without regulatory supervision. While this setup offers traders flexibility and convenience, it's important to approach trading on the platform with caution, given the inherent risks associated with unregulated environments.

Overview of horbaxglobal.com

Is horbaxglobal.com Legit?

horbaxglobal.com is not regulated. It's crucial to highlight that horbaxglobal.com operates without any official regulation, indicating a lack of oversight from established financial regulatory bodies. This absence of oversight means that traders must proceed with caution, as there are inherent risks associated with dealing with an unregulated broker. Trading with an unregulated broker like horbaxglobal.com may pose several risks, including limited avenues for resolving disputes, potential concerns regarding the safety and security of funds, and a lack of transparency in the broker's operations.

Is horbaxglobal.com Legit?

Pros and Cons

horbaxglobal.com presents a diverse array of trading instruments, allowing traders to engage in various markets efficiently. Despite this breadth of options, the platform operates without regulatory oversight, potentially exposing traders to heightened risks. Additionally, it offers multiple investment plans tailored to different trading preferences and objectives. However, the platform's customer support options are limited primarily to email, which may result in slower response times and less efficient issue resolution. Furthermore, horbaxglobal.com lacks comprehensive educational resources, which could hinder traders' ability to make informed decisions. Moreover, the information provided on the trading platform itself may be unclear, adding to the potential challenges faced by traders.

Pros Cons
  • Diverse range of trading instruments
  • Operates without regulatory oversight, potentially exposing traders to risks
  • Offers multiple investment plans
  • Limited customer support options, primarily through email
  • Lack of educational resources
  • Unclear information on trading platform

Trading Instruments

Traders can access a wide range of assets, including cryptocurrencies, forex, commodities, indexes, stocks, ETFs, and the innovative Pre-IPO opportunities.

Trading Instruments

Investment Plans

At horbaxglobal.com, investors can choose from a range of Investment Plans tailored to their investment preferences, particularly focusing on cryptocurrency plans:

  1. Starter Plan: Designed for those starting small, with investment ranging from $20.00 to $999.00. This plan offers a 5% profit margin within a 24-hour contract life. Investors also benefit from a 5% referral bonus.

  2. Bitcoin Mining Plan: Geared towards larger investments, starting from $9000.00 upwards. This plan boasts a substantial 100% profit margin within a 6-hour contract life, providing investors with rapid returns. Like other plans, it also includes a 5% referral bonus.

  3. Expert Plan: Targeting mid-range investors, with investment options between $1000.00 and $10000.00. This plan offers a 10% profit margin with a 5-hour contract life, balancing profitability with a shorter duration. Investors can also enjoy a 5% referral bonus.

  4. Premium Plan: Tailored for high-net-worth individuals, with investment starting from $10000.00 and going up to $50000.00. This plan offers a lucrative 15% profit margin within a 7-hour contract life, providing higher returns for those willing to invest more. Investors also receive a 5% referral bonus.

  5. Bitcoin Halvings Plan: Accessible to all investors, with investments starting from $1.00. This plan offers a substantial 100% profit margin within a 10-hour contract life, catering to those seeking high returns with lower investment amounts. As with other plans, investors receive a 5% referral bonus.

Investment Plans

Deposit & Withdraw Methods

At horbaxglobal.com, the withdrawal process is designed to be seamless and efficient for investors. Once a withdrawal request is received, it undergoes immediate processing. The requested funds are swiftly transferred to the investor's designated bitcoin wallet.

Customer Support

The primary contact method for horbaxglobal.com is through email atsupport@horbaxglobal.com.

Customer Support

Conclusion

In conclusion, horbaxglobal.com provides traders with a diverse range of trading instruments and investment plans, enhancing flexibility in trading across various markets. However, the absence of regulatory oversight poses potential risks for traders. Moreover, limited customer support options and educational resources may hinder traders' ability to navigate the platform effectively. It's advisable for traders to proceed with caution, conducting thorough research before engaging with horbaxglobal.com to ensure a safer trading experience.

FAQs

Q: Is horbaxglobal.com regulated?

A: No, horbaxglobal.com operates without regulation, which means it lacks oversight from recognized financial regulatory authorities.

Q: What trading instruments are available on horbaxglobal.com?

A: horbaxglobal.com offers a range of trading instruments, including cryptocurrencies, forex, commodities, indexes, stocks, and ETFs.

Q: What investment plans does horbaxglobal.com offer?

A: horbaxglobal.com provides various account types, including the Starter Plan, Bitcoin Mining Plan, Expert Plan, Premium Plan, and Bitcoin Halvings Plan, catering to different trading preferences and experience levels.

Q: How can I contact horbaxglobal.com's customer support?

A: You can reach horbaxglobal.com's customer support primarily through email at support@horbaxglobal.com.

Risk Warning

Online trading carries substantial risks, and there's a possibility of losing your entire investment capital. It may not be suitable for every trader or investor. Prioritize understanding the associated risks and acknowledge that the details provided in this review could undergo alterations due to the continuous evolution of the company's services and policies. Furthermore, the date of this review's creation holds significance, as information might have evolved since then. Hence, readers are encouraged to validate updated information directly with the company before making any decisions or taking any actions. The reader bears sole responsibility for utilizing the information provided in this review.

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