Should You Trust Financial Horizon? A Comprehensive Review of financial-horizon.co

Today in our Financial Horizon review, you will learn about a company that promises to give clients the opportunity to trade on the financial market. You can do this using various financial instruments such as currency pairs, stocks, cryptocurrencies, and more. However, before considering this more than generous offer, you should weigh all the pros and cons of this project. And there are certainly quite a few of the latter.

Is Financial Horizon a Trusted Platform?

This broker claims to have British origins and even lists a London address. However, on Companies House, which contains information on all registered companies in the UK, there is no information about this broker. Therefore, the London address published on the websitehttps://financial-horizon.co/ has no relation to the real location of the project.

Additionally, it is worth noting that the broker does not have a license. Without legal registration, it is impossible to obtain this document. The broker has not even managed to get any offshore license. Perhaps even such regulators found Financial Horizon to be so dubious that they decided not to deal with it, as it could harm their own reputation.

Concerned About Withdrawal?

You can fund your account on the platform using several methods, including credit and debit cards. But the most interesting part lies in the withdrawal rules. First, the minimum withdrawal is $50. Second, if you suddenly decide to withdraw more than 20% of your profit or close your account with a full deposit withdrawal, you will have to pay fees and charges. Growth Praxis warns that you need to pay these fees in advance because they cannot split accounts. This is a huge red flag! Real brokers never charge you fees in advance. Instead, they are required to keep traders’ funds in segregated accounts. Here we see a clear sign of a scam, and not even a concealed one! Do not even think about transferring your money here; you won’t get anything back.

How Long Does The Broker Work?

The company appeared in October 2023, although it claims to have been operating for many years, providing clients with services on the financial market. But this information is not true. To verify this, just look at the website’s operation period on the Whois service. In fact, the domain was created in October 2023, and the official website was filled with content even later. In reality, the broker has been operating for only a few months, which does not make it a reliable organization. Attention! This review belongs to InvestExpertHub.

Other Signs of Fraud

❗Financial Horizon has a very high minimum trading amount of $5,000. This is too high a requirement for a broker that doesn’t officially exist.

❗The leverage is too high. Authoritative regulators prohibit leverage above 1:50. But since Financial Horizon is not even a broker but rather an anonymous site, it is not surprising that they do not follow any regulatory rules.

❗The trading conditions are not fully disclosed. This is a common trick among fraudulent brokers. You will only learn about all the nuances and hidden fees during the trading process.

Financial Horizon Review Conclusions

Working with Financial Horizon is not recommended as the broker is not trustworthy. It does not even have a license. Moreover, you need to deposit at least $5,000 to start trading. There is a high risk of losing money.

➕The site is available in two languages.

➖No license.

➖High minimum deposit amount.

➖Leverage is only provided after a deposit of $15,000.

FAQ

Brief Conditions