Suspected of fraudHorizonEdge Markets
1Year
Basic Information
Country
AmericaMarket Type
foreign exchangeEnterprise Type
BrokerageService
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, EnglishDomain Registration Date
2024-09-18Business Status
Suspected of fraudCompany IntroductionWeb Analytics
Company Introduction
HorizonEdge Markets is an online broker registered in the offshore jurisdiction of Saint Vincent and the Grenadines, offering forex, contracts for difference (CFDs), commodities, and cryptocurrency trading services. The company's website touts its commitment to providing an "innovative trading experience" for global investors. However, public information and third-party regulatory databases reveal that HorizonEdge Markets lacks a valid license from any major financial regulator, including the UK's FCA, Australia's ASIC, Cyprus' CySEC, and Mauritius's FSC.
The company's website touts its "security, transparency, and professionalism," but in reality, it lacks regulation, independent audit reports, or proof of fund segregation. Its overall structure resembles other offshore forex companies, primarily attracting novice investors through online advertising and promises of high returns. Its operating model and risk profile suggest that HorizonEdge Markets resembles a high-risk, unregulated platform rather than a compliant, international financial institution.
🌐Global layout and brand background
HorizonEdge Markets claims to have "branches" in the UK, UAE, and Singapore, but does not provide any verifiable business registration number, office address, or regulatory authorization. Its domain name is registered on an offshore server, and no contact information matching its "international headquarters" is displayed. An independent company background check revealed that the platform has no parent company endorsement and does not disclose information about its board of directors or operational team.
Regarding branding, HorizonEdge Markets' website frequently uses marketing terms such as "globalization," "professional financial team," and "institutional-grade liquidity," but these claims lack objective evidence. Most industry observers believe the company attempts to project an image of authority by exaggerating its scale and technological prowess, without any independent data or industry awards to support its credibility. Overall, its brand background and operational structure are opaque, leaving it with little credibility.
💹Trading products and services
HorizonEdge Markets' website lists products including contracts for difference (CFDs) on foreign exchange (forex) currency pairs, precious metals, energies, indices, and cryptocurrencies. However, key details such as the underlying assets, spreads, leverage, and liquidity providers are not disclosed. Numerous investors have reported issues with abnormal price fluctuations and severe slippage , and in some cases, even experienced difficulties in closing positions.
Furthermore, the platform only offers CFD trading, meaning users do not actually own the underlying assets but merely speculate on price differences. The lack of a transparent source of quotes allows HorizonEdge Markets to manipulate prices. Combined with its unregulated status, this structure poses a high risk to investors, who may face potential loss of any invested capital.
💻Trading technology and platform experience
HorizonEdge Markets claims to support MetaTrader 4 (MT4) and its proprietary trading system, but it does not provide any verifiable download links or server authentication information. An industry technical platform confirmed that the company is not listed on the official MetaQuotes authorized broker list. Some users have reported platform instability, with delays in order execution and reconnection errors, particularly during periods of high volatility, with frequent freezing and disconnections.
This situation suggests that HorizonEdge Markets may merely mimic the interface of mainstream trading software, rather than possessing a true matching engine. Some test accounts show significant discrepancies between their so-called "real-time spread" data and mainstream market quotes, suggesting they are manipulating client trades using a "virtual order" mechanism. This issue is extremely difficult to hold accountable in the absence of a regulatory framework.
🛡️Regulatory compliance and fund security
HorizonEdge Markets does not hold any international financial regulatory approvals. Its registered office in Saint Vincent and the Grenadines (SVG) provides only company registration services and does not regulate forex or CFD brokerage. The platform does not provide client funds segregation statements, is not independently audited, and does not disclose any insurance protection measures.
Numerous users have reported the company on third-party platforms for withdrawal delays, account freezes, and payment denials . Without regulatory support or legal redress, investors will have little chance of recovering their funds if the platform ceases operations or shuts down its website. Its operating model is consistent with that of a typical unlicensed offshore broker, making it a high-risk financial entity.
⚡Trading conditions and experience
The company touted trading conditions such as "low spreads, zero commissions, leverage up to 1:500, and ultra-fast execution," but these were often mere marketing gimmicks. Users reported that spreads were far higher than advertised, and orders were often not executed at quoted prices. Some investors reported seeing unusual gains or losses in their accounts after depositing funds, suspecting price manipulation.
High leverage inherently carries a high risk profile, and HorizonEdge Markets offers no negative balance protection. Compared to regulated brokers, the trading experience is highly volatile, with clear signs of market manipulation, severely harming investor interests.
🎓Customer support and value-added services
Although HorizonEdge Markets claims to offer 24/7 multilingual customer support, the service is actually quite unreliable. Most user feedback emails go unanswered, the online customer service representative remains offline for extended periods, and the phone hotline is often unreachable. The platform also lacks any investor education resources, market analysis reports, or risk management guidance, demonstrating the lack of a genuine customer service structure.
Overall, HorizonEdge Markets' customer support is nonexistent, seemingly focused on attracting deposits rather than providing ongoing service. This operating model is common among unregulated platforms, leaving investors with little to no access to effective assistance when facing funding issues.
⚠️Risk Warning and Platform Positioning
Forex and CFD trading carries a high level of risk, and HorizonEdge Markets' unregulated nature further exacerbates these risks. Multiple third-party investigation websites, such as ScamAdvisor and WikiFX, have designated the platform as potentially fraudulent or high-risk , and advise investors to exercise caution when handling fund transfers and personal information.
Judging from its platform positioning, HorizonEdge Markets appears to be more of a speculative project that relies on high-yield promotions to attract deposits than a legitimate financial services broker. Risks arise primarily in fund security and withdrawals, and investors should avoid any financial transactions with this company.
🔍Comprehensive analysis and evaluation
In summary, HorizonEdge Markets has the following major problems:
No regulatory authorization : Not regulated by FCA, ASIC, CySEC or any financial institution;
Obvious risks to fund security : lack of segregated accounts and custody mechanisms;
High withdrawal risk : Frequent user complaints;
Serious false marketing : exaggerating brand and execution capabilities;
There is no customer service and no way to make complaints .
Overall, HorizonEdge Markets is a typical high-risk offshore broker , with opaque platform operations and unreliable fund security. BrokerHiveX recommends investors stay away from this company and choose a reputable forex broker that is supervised by regulatory authorities, has independent audits, and maintains segregated funds to ensure investment security and transparent trading.
Selected Enterprise Evaluation
1.33
Total 3 commentsHorizonEdge Markets operates without any verified regulation or investor protection. Its offshore registration and unclear fund management raise significant concerns over transparency and credibility.
Reply
Despite presenting itself as a global broker, HorizonEdge Markets lacks proven licenses, customer safeguards, and verified trading data—making it a high-risk platform for retail investors.
Reply
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Reply
~ There's nothing more ~
About HorizonEdge Markets's questions
Ask:Is HorizonEdge Markets regulated by any authoritative financial regulator?
Answer:No. HorizonEdge Markets is registered only as an International Business Company (IBC) in St. Vincent and the Grenadines, and the SVGFSA has publicly stated that it does not regulate forex and CFD brokerages. Therefore, the company lacks any valid financial regulatory licenses, leaving investors' funds without legal protection. If the platform experiences withdrawal issues or ceases operations, it would be difficult for clients to recover their funds through legal means.
Ask:How secure are my transactions and fund protections at HorizonEdge Markets?
Answer:The platform fails to disclose any independent audits, segregated client fund accounts, or third-party custodian arrangements, nor does it explain the bank or insurance policies for fund custody. Some investors have reported withdrawal delays and account freezes on the platform. Due to its lack of regulation and opaque fund flows, the security of investors' deposits depends entirely on the platform's own control, posing an extremely high level of financial risk.
Ask:HorizonEdge Markets offers leverage up to 1:500. What does this mean for traders?
Answer:The company lured investors with "high leverage, high returns," but offered no risk management measures or negative balance protection. Regulated brokers typically limit leverage to 1:30 to 1:100 to prevent account liquidation. However, HorizonEdge Markets' 1:500 leverage can quickly amplify losses during market fluctuations, making it easy for ordinary investors to lose their entire capital in minutes.