Score

1.45 /10
Danger

Horizon Invest

Austria

2-5 years

Suspicious Regulatory License

White label MT4

Regional Brokers

High potential risk

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Website

Score

Regulatory Index0.00

Business Index6.55

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

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

40G

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Broker Information

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Company Name

Horizon Invest

Company Abbreviation

Horizon Invest

Platform registered country and region

Austria

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-09-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Horizon Invest · Company summary

Since Horizon Invests official website (https://horizoninvest.cc/) cannot be opened at the moment, we could only piece together this brokerage house by gathering some relevant information from other websites.

General Information

Horizon Invest is a financial service provider registered in Austria. This brokerage was established relatively young, with its operating time between two to five years. Since Horizon Invests official website cannot be accessible now, we could only get minimal information.

Concerning regulatory information, it has been verified that this broker has no valid regulation and it has got a pretty low score of 1.29/10 on the WikiFX website based on five indexes, namely Regulatory Index, License Index, Risk Management Index, Software Index, and Business Index. Please be aware of the risk, for trading with an unregulated forex broker is always a dangerous process.

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Investment Plans

Horizon Invest seems to offer four investment plans for clients to choose from, with account names not specified, listed as Project 1, Project 2, Project 3, and Project 4, respectively. To invest with Project 1, traders need to fund at least $5,000, which is a large sum of capital. Another three investment plans even ask for a much higher initial deposit, from $50,000, $150,000, and $500,000, respectively. This is an absurdly high initial deposit amount compared to most brokers requirements.

Additional account features or plan details are not disclosed.

Leverage

The trading leverage is not mentioned. Since leverage can magnify gains as well as losses, inexperienced traders are not advised to use the too-high lever.

Customer Support

Horizon Invest offers poor customer support, and it can be only contacted through an email: support@horizoninvest.cc. This is another red flag. Customer support matters much because once something goes wrong with your trading process, with a quick response your broker can get things back on the right track again.

Risk Warning

Forex and Leveraged trading carry a certain level of risk, and it is not suitable for everyone. Please note that the information contained in this article is for general information purposes only.

User Reviews

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User comment

2

Comments

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李奎
more than one year
The deposit threshold is too high, making it difficult for smaller traders to get started. Furthermore, the trading information is not transparent enough, which raises red flags about the broker's legitimacy. To make matters worse, the customer service representatives lack patience and knowledge, which can be frustrating for traders seeking help. Overall, I suggest traders look for a more reputable and customer-friendly broker.
The deposit threshold is too high, making it difficult for smaller traders to get started. Furthermore, the trading information is not transparent enough, which raises red flags about the broker's legitimacy. To make matters worse, the customer service representatives lack patience and knowledge, which can be frustrating for traders seeking help. Overall, I suggest traders look for a more reputable and customer-friendly broker.
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2023-03-21 18:25
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FX1362599511
more than one year
The activities of Horizon Invest and the inability to withdraw really need regulators' attention or else people will just keep losing money continuously to this scam platform. One word is enough... Stay off Horizon Invest!
The activities of Horizon Invest and the inability to withdraw really need regulators' attention or else people will just keep losing money continuously to this scam platform. One word is enough... Stay off Horizon Invest!
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2023-03-13 15:50
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