BrokerHiveX
HorizonGate FXSuspected of fraud

HorizonGate FX

1.80
Suspected of fraudAmerica
Time

1Year

Contact Information
Website
Industry Echelon

Basic Information

Company
Regulatory
Risk Monitor
Download
Documents
Country
America
Market Type
foreign exchange
Enterprise Type
Brokerage
Service
Provide trading services for a variety of financial products such as foreign exchange (Forex), contracts for difference (CFD), stocks, commodities, indices, etc.
Support Languages
Chinese, English
Domain Registration Date
2024-09-18
Business Status
Suspected of fraud

Company IntroductionWeb Analytics

Company Introduction

HorizonGate FX claims to be a global broker offering forex and contracts for difference (CFD) trading services. However, its website and publicly available information raise numerous questions regarding regulatory transparency, registration information, and operational background. While the platform claims to offer a diverse range of products, including forex, precious metals, indices, commodities, and cryptocurrencies, none of its information is backed by third-party verification or regulatory oversight.

The website's content follows a typical marketing template, emphasizing terms like "fast execution," "secure trading," and "professional support," but fails to disclose the company's founding date, registered entity, or regulatory license number. The slogans "globally trusted" and "regulated" appear unfounded, and the website even uses similar text and structure to other exposed offshore platforms. Overall, HorizonGate FX appears more like a shady website luring novice investors with promises of high returns than a regulated financial institution.

🌐Global layout and brand background

HorizonGate FX claims on its website that it is headquartered in London and serves "thousands of clients worldwide." However, upon verification, its address and contact information could not be verified by any official databases, such as the UK Companies House or the FCA register. The platform does not provide information on its office location, registration number, or company directors.

This practice of creating a fictitious headquarters is common among unregulated forex platforms, used to create the illusion of internationalization and legal compliance. Some external analysis has revealed that HorizonGate FX's web servers are not located in the UK, but rather hosted by an anonymous domain registrar, further increasing its anonymity and risk.

The platform's branding frequently uses exaggerated terms like "international financial group" and "top liquidity provider," but lacks any actual partner institution names or technical verification. Overall, its branding lacks genuine commercial support.



💹Trading products and services

HorizonGate FX claims to offer over 200 trading instruments, including CFDs on forex currency pairs, precious metals, crude oil, indices, and cryptocurrencies. However, the website does not disclose any specific quote sources or liquidity providers, nor does it provide any verifiable market access mechanisms (such as ECN or STP specifications).

The account description mentions "low spreads," "zero commissions," and "leverage up to 1:500." These extreme terms are often found on unregulated, high-risk platforms. Truly regulated brokers clearly disclose transaction costs, fees, and leverage limits, but HorizonGate FX's descriptions are vague and misleading.

When investors trade on such platforms, the actual transaction price may be generated by the platform backend itself, which carries a high risk of "manipulating quotes in a market-making model."



💻Trading technology and platform experience

The HorizonGate FX website claims to support the MetaTrader 5 platform, but the download link fails to verify official server connectivity and does not list the broker's server name or authorization information. Some technical analysis suggests that the so-called "trading terminal" may simply be a web-based simulation interface, rather than a genuine MT5 authorized access system.

Furthermore, the website's SSL security certificate was incompletely configured, and some functional pages still had unencrypted links, posing the risk of interception of user data or financial transfers. Although the interface used a modern template design, it was slow to load and its forms were unstable, clearly failing to meet the technical standards of a compliant financial institution.

These characteristics indicate that HorizonGate FX's website is more of a marketing showcase than a professional platform with secure trading capabilities.



🛡️Regulatory compliance and fund security

Regarding regulation, HorizonGate FX has not provided any official regulatory agency license number or disclosed its company registration documents. Its website's claim of "UK financial regulation" cannot be verified in the FCA's official database. Numerous indicators indicate that the platform is not regulated by any government or independent financial regulator.

The fund security section is even more unclear—there's no mention of whether customer funds are held in independent custody, nor is there a statement regarding third-party bank deposits. Combined with the website's hidden registration and lack of compliance disclosures, this means that customer deposits are likely to go directly into the platform's accounts, making them difficult to recover should a problem arise.

Investors should remain highly vigilant against such unregulated platforms and should not easily believe in false propaganda such as so-called "international compliance certification" or "secure segregated accounts".



⚡Trading conditions and experience

Platforms advertise "zero fees," "instant execution," and "a minimum deposit of just $50"—gimmicks often used to attract inexperienced investors. However, real user feedback reveals unstable trade execution, order delays, significant slippage, and even account lockouts, preventing withdrawals.

HorizonGate FX's promise of high leverage and high returns is unrealistic. In most regulated markets, leverage of 1:500 is already strictly limited. Such extreme leverage, combined with an unregulated trading environment, only amplifies the risk of loss. For ordinary investors, such platforms not only fail to guarantee profits but may actually become a financial trap.



🎓Customer support and value-added services

The company's website provides customer service contact information including an email address and a message form, but no actual phone number, online customer service, or office address. Multiple users reported that emails went unanswered and some account issues remained unresolved for a long time.

The educational section only covers basic market terminology, lacking any structured training or real-time market analysis. Compared to the customer support offered by regulated brokers, HorizonGate FX's services clearly lack professionalism and consistency, serving more as a facade of legitimacy.



⚠️Risk Warning and Platform Positioning

The overall characteristics of HorizonGate FX are highly similar to those of typical offshore high-risk foreign exchange platforms:

  • Fictional regulatory context;

  • Obscuring fund custody information;

  • Use high leverage to attract account openings;

  • Lack of customer service response and financial transparency.

These platforms often rely on online advertising and false reputations to attract investors to deposit funds, but they often delay withdrawals or even block accounts after they realize profits. Investors should be wary of falling into the trap of such unregulated and unsecured trading platforms.



🔍Comprehensive analysis and evaluation

Overall, HorizonGate FX is not a trustworthy forex or CFD broker. Its lack of regulation, unclear fund flows, weak technical infrastructure, and opaque customer service all indicate that it carries extremely high operational risks.

This platform is most likely a high-risk website disguised as an "international broker." Its so-called "safe trading" and "compliance system" are merely marketing tactics to attract investors. Investors are advised to stay away from such unregulated platforms and trade with reputable brokers registered with regulatory bodies such as the FCA, ASIC, and CySEC to ensure the safety of their funds and their legitimate rights and interests.

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Selected Enterprise Evaluation

2.50

Total 4 comments
****
1.00
HorizonGate FX shows no valid regulation or transparency, raising serious red flags for investor protection.

Reply

bl***51
@****

When the platform froze my withdrawals, I initially hoped it was just a technical issue—but soon realised I had fallen victim to a scam. Mrs. Doris Ashley came highly recommended, and from our first interaction, she was transparent, professional, and responsive. Within 72 hours, she successfully recovered my funds—delivering exactly what she promised, with no false assurances. Email: (dorisashley71 (@) gmail. c 0 m ) WhatsApps:+1 (404) .-721 . -56 .-08 She’s the only one I personally trust when it comes to financial recovery. Stay safe and protect your money

Reply

****
1.00
Its high-leverage offers and unverifiable claims suggest significant operational and withdrawal risks.

Reply

****
5.00
I was unfortunately targeted by an online investment scam after investing more than $2M based on promised high returns. When I attempted to withdraw funds, my account was frozen, and the platform demanded additional “verification” payments—an immediate red flag I later worked with an asset-recovery professional who helped me recover a portion of the lost funds (about $450,000). While experiences and outcomes differ, I appreciated the support throughout the process. This incident highlights the importance of strong cybersecurity awareness: Email: (dorisashley71 (@) gmail. com ) or via WhatsApp at +1 .- (404) 721 56 08.) always verify platform legitimacy, conduct independent research before investing, and be cautious of platforms requiring unexpected payments for withdrawals. Staying informed is crucial to protecting your financial assets in the digital space.

Reply

****
3.00
I was unfortunately targeted by an online investment scam after investing more than $2M based on promised high returns. When I attempted to withdraw funds, my account was frozen, and the platform demanded additional “verification” payments—an immediate red flag I later worked with an asset-recovery professional who helped me recover a portion of the lost funds (about $450,000). While experiences and outcomes differ, I appreciated the support throughout the process. This incident highlights the importance of strong cybersecurity awareness: Email: (dorisashley71 (@) gmail. com ) or via WhatsApp at +1 .- (404) 721 56 08.) always verify platform legitimacy, conduct independent research before investing, and be cautious of platforms requiring unexpected payments for withdrawals. Staying informed is crucial to protecting your financial assets in the digital space.

Reply

~ There's nothing more ~

About HorizonGate FX's questions

01

Ask:Is HorizonGate FX regulated by any regulatory body?

Answer:No. After multiple inquiries, HorizonGate FX is not listed on the licensed lists of any major financial regulators, such as the UK's FCA, Australia's ASIC, or Cyprus' CySEC. While the company's website claims to be "UK regulated," it does not provide any valid license number or verifiable documentation. This means the platform is completely unregulated, leaving investors' funds with no legal protection. In the event of a dispute or account freeze, recovery would be difficult.

02

Ask:Are my funds safe with HorizonGate FX?

Answer:Unsafe. The platform does not disclose whether client funds are segregated and held in custody, nor does it disclose partner banks or third-party custodians. Without custody and regulatory oversight, investor funds may be deposited directly into the platform's internal accounts, where they can be freely used or misappropriated. If the platform ceases operations or disappears with the funds, investors will have no way of recovering any of their funds.

03

Ask:Why do HorizonGate FX's trading conditions seem so good?

Answer:High leverage and zero commissions are often marketed as tactical tactics to attract investors. HorizonGate FX claims to offer leverage of up to 1:500 and "ultra-fast execution," but these claims lack independent verification or disclosure of liquidity sources. Such unregulated platforms can manipulate trading data, create slippage, or deny withdrawals. The so-called "low cost, high return" promise can, in practice, become a high-risk trap.