1. Horizon FX Pro: How To Recover Money From Horizon FX Pro
You should stay away from another trading platform called Horizon FX Pro (horizonfxpro.com). The site is being targeted by a number of European regulators. A press release from CNMV and CONSOB advising investors not to use the platform is planned. To understand why the platform poses such a huge risk, we must go deeply. The platform’s withdrawal rules have drawn the ire of several users. Here are the results of our thorough HORIZON FX PRO REVIEW.
In recent times, we have had a lot of complaints about a fraudulent platform called Horizon FX Pro, it has been brought to our attention that there’s a fraudulent scheme going on there with the aim to steal from investors. The IOSCO and FCA also confirmed in their publication that Horizon FX Pro is a scam platform. Just to clear any doubts, Horizon FX Pro is a SCAM.
If you have been scammed and you are looking for ways to recover your money from Horizon FX Pro, visit the Zorya Capital website at www.zoryacapital.com.
Zorya Capital provides international financial fraud investigative measures aimed at helping victims of financial scams recover their money. Zorya Capital was founded to protect and help victims of investment scams with the assistance of sophisticated asset recovery specialists globally.
Regarding Horizon FX Pro
According to the platform, there are over 200 trade pairs with various crypto assets. Since the cryptocurrency market is so unstable, every platform wants to become involved. Unfortunately, the design of the platform has left it in utter disorder.
Pros and Cons of Horizon FX Pro
As soon as we arrived on the webpage, we instantly saw a number of design errors. The platform floods the website with content, making it difficult to navigate. And as a result, the user experience is unpleasant.
You are not given access to their background or past, which suggests that they are keeping anything a secret. Regarding the platform’s mission and objectives, nothing is said. Your reputation is essential to investors in the currency market.
Investors have no access to information on the reputation of these users. And that presents a serious challenge for investors. The platform blatantly lacks any sort of human interaction. On the platform, you won’t even be able to speak with a representative.
We also wonder about the platform’s goals because of other aspects. For instance, why are users required to disclose their revenues on the platform? The platform also states that it has offices in London, Buenos Aires, and Beach Mont.
Doing your research is advised by professionals before investing in any platform. Try to understand what drives a platform. It’s the best defense against these kind of scams. You can also get in touch and ask for a review to be done on your behalf.
Financial Horizon FX Pro
On Horizon FX Pro, there are three account tiers to choose from. These accounts are Pro, VIP, and Corporate. These accounts specifically target various trading demographics. The accounts also have a number of standout characteristics.
Let’s examine each of these accounts in more detail;
To open the account, a minimum deposit of $100 is required. The pro account’s maximum leverage is 1:500. On all accounts, members use all tactics with spreads starting at 0.0 pips.
There is a $2,500 minimum investment requirement for VIP account holders. Additionally, to remain using the account, you must maintain a minimum balance of $1,000. On all accounts, the minimum lot size is 0.5, and the leverage is set at 1:500.
With the platform aimed at institutional investors, it is the most exclusive account. With this account, a minimum deposit of $100,000 is necessary. Additionally, to begin, you must have a minimum balance of 10,000.
Features of an account Vertical FX Pro
We can tell you right away that these are severe qualities. The maximum leverage is much higher than what the industry generally recommends. The maximum leverage in Europe has been established by regulators at 1:100.
There is no justification for the platform’s decision to endanger trading positions. High leverage is only used by knowledgeable traders. And only in exceptional circumstances and with certain assets, like bitcoins.
The demo account is also a major issue because it excludes the predetermined features. A demo account is provided to you with simply purchase and sell options. It’s not what you’d anticipate from a genuine demo account that incorporates top platforms.
The platform advertises a spread of 0.3 pip on its webpage. The spread is 0.0 pips, hence the account page is different. The platform confuses investors with its features. The homepage lists the maximum leverage as 1:1000 as well.
Monetary Resources and Trading Tools Vertical FX Pro
Money is secure at horizonfxpro.com? NO
The site offers five different kinds of trading instruments. These include equities, indexes, currencies, cryptocurrencies, and commodities. Crude oil and natural gas are only a couple of the commodities available.
You can find cryptocurrencies like Ripple, Litecoin, Ethereum, and Bitcoin among others. The platform compares these coins to other coins and to other currencies. BTC/USD, ETH/USD, and other examples.
The main activity on the platform is forex trading. Major and minor currency pairs are offered on the platform. Sadly, because exotic pairs aren’t available as trading assets, users can’t use them to spread their risks.
Additionally, we offer indices that enable traders in the present day to profit from the markets. Findable indices include the DAX, NASDAQ, NIKKEI, S&P 500, and others. Traders are able to transact and foresee the costs of some goods and services sold around the world.
Trading in stocks has been around for a while. Shares from top businesses across all industries are available on the site. Shares from the manufacturing, technology, and textile sectors are among them. Shares of tech behemoths Apple, Google, and Microsoft are among the most popularly traded stocks.
There isn’t much information available to identify the platform’s owner or operator. Thus, Horizon FX Pro qualifies as an anonymous forex trading platform. However, for security concerns, you obviously do not want to fund an anonymous trading site.
Such platforms have the drawback that there is no mechanism to reclaim funds in the event of bankruptcy. In order to prevent situations like this, the platform’s proprietors desire to maintain their anonymity.
Those who assert to have used recovery agents are unaware that these agents are merely utilizing them. Additionally, the agents lack the authority to freeze the platform owners’ bank accounts. After an investigation, only regulators have the authority to take such action.
As they purchase your information from the platform, recovery agents are complicit in the deception. These agents get in touch and say they’ve defeated the platform in court. All you need to do to receive a portion of the settlement is pay the attorneys’ fees.
Don’t pay any money to these agents; once you do, you won’t hear from them again. The last straw for you are these agents. The majority of the agents have no prior trading experience.
Is Horizon FX Pro Authorized or Controlled? NO
Conformity, Authorization, and Regulation Horizon FX Pro
Horizon FX Pro lacks valid certifications and is an unlicensed platform. The company itself lacks a certificate of business registration. This indicates that the platform disregards any legal requirements.
Because of this, the site employs difficult trading circumstances such high leverage. Nobody is preventing them from doing so. The member consequently loses more than just their money and personal data.
Safety of funds and deposits Horizon FX Pro
On a platform where segregation of funds is not possible, there is no deposit of monies. Additionally, the site does not provide members with a safety net. Client deposits are not covered by insurance.
Last words, Horizonfx.com
\We strongly advise you to avoid horizonfxpro.com after knowing what victims have gone through. The platform will make every effort to extort money from you. To recover your money from Horizon FX Pro, consult the asset recovery experts at Zorya Capital, with an excellent record in fund recovery, your case won’t be an exception. Contact Zorya Capital now.