HorseForex Company Review: What You Need to Know

In today's rapidly evolving financial markets,International foreign exchange trading platform company choosing a reliable foreign exchange (forex) trading platform is crucial for investors. This article will delve into the key factors to consider when using the HorseForex platform for forex trading, from its diverse range of financial products to its advanced trading platform and stringent fund security measures, providing a comprehensive evaluation. Whether you are a beginner or an experienced trader, this review aims to reveal how HorseForex can serve as a bridge connecting you to global markets and assist you in making more informed investment decisions in the complex and volatile forex market.

When selecting a forex platform, it is recommended to refer to the top 100 platforms listed by FTI; if a platform is not among these, extra caution should be exercised regarding its white-label relationships and risk warnings.

According to FTI, the platform in question is named HorseForex, established in 2019, with a global ranking of 5716 and a safety score of 30 points. The platform claims to hold regulatory licenses from four countries, but currently, all of them have been revoked. There are 40 risk alerts associated with the company.

Based on available information, we can summarize the following points about HorseForex:

1. **Founding Background**:

   - Horse Group was founded in 2020, engaging in various sectors including equestrian clubs, research, and finance.

   - HorseForex PTY Limited was established in 2016 and entered the Chinese market the following year.

2. **Service Scope**:

   - Offers a wide array of financial services, including forex trading, futures, securities, and other financial derivatives.

   - Claims to aggregate liquidity quotes from over 50 banks worldwide, offering trading conditions with spreads as low as zero, allowing clients to enjoy a trading environment comparable to that of major financial institutions.

3. **Global Operations**:

   - Has expanded its business to multiple regions, including Europe, Asia, Africa, and Australia, with regional offices set up globally to better serve international clients.

4. **Customer Service**:

   - Emphasizes delivering high-quality customer service, including 24/5 technical support, ensuring that clients can promptly receive the assistance they need.

5. **Regulatory Status**:

   - Allegedly holds licenses issued by several international financial regulatory bodies, such as ASIC in Australia, FSP in New Zealand, FSC in Mauritius, and DMCC in Dubai, demonstrating its commitment to adhering to relevant laws and regulations while striving to provide safe and compliant services.

However, it is worth noting that there are some contradictions in the information available about HorseForex. For instance, some sources state that the company was founded in 2019, while others claim it started in 2010. Additionally, there are negative reviews pointing out issues with HorseForex, such as website inaccessibility, slow complaint resolution, and even signs that the company may have ceased operations.

Therefore, if you are considering partnering with HorseForex or any other forex trading platform, it is strongly advised to conduct thorough research, verify the latest information, and perhaps consult professional financial advisors to ensure a wise investment decision. When selecting a forex trading platform, paying attention to its security, reliability, and user reviews is essential.

FTI Commentary: Currently, HorseForex's official website is inaccessible, and complaints often involve issues like incorrect contract quotations or failure to release funds, suggesting potential fraudulent activities. There are numerous negative reports, and overall reviews are mixed. The platform offers fewer trading instruments, and complaint resolution is relatively slow.

The financial market is filled with both opportunities and risks. It is crucial to thoroughly investigate a platform before forextrustindex to avoid scams and minimize risks. Always start your investigation with FTI for safety and fraud prevention.

Statement: The content of this article does not represent the views of FTI website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!