TradesHorizon is a platform offering CFD trading in forex, stocks, indices, futures, precious metals, energy, cryptocurrencies, and more. Its official website is tradeshorizon.net. According to a Whois search, the domain was registered on September 28, 2024. However, an inquiry reveals that this platform does not have an actual company entity.
Company Background and Registration Information
The platform’s official information claims that the company is a UK-registered business with company number 12233090 and boasts 23 years of experience in financial trading. Furthermore, the site presents a UK company registration certificate showing the company name as TRADE HORIZONS LIMITED, with registration number 8778677.
However, a check with the UK Companies House shows that company number 12233090 is registered to GOLDFIELD LIMITED, while number 8778677 does pertain to TRADE HORIZONS LIMITED, but neither is authorized by the UK Financial Conduct Authority (FCA).
Meanwhile, the "ABOUT US" page on the official site states that TradesHorizon was registered in Australia in 2013. However, this historical account is directly copied from the broker TMGM's website, not TradesHorizon’s actual history.
Trading Software
The platform does not disclose the trading software it provides. Users can only register and trade via its proprietary web-based trading system, lacking support for mainstream third-party software like MT4 or MT5.
Account Types and Trading Conditions
The platform offers four account types, including Premium PACKAGE, FLEXIBLE PACKAGE, Bronze PACKAGE, and PROMO PACKAGE, with the following deposit requirements, spreads, and leverage information:
Premium PACKAGE
- Minimum Deposit: $500
- Maximum Deposit: $2,499
- Trading Type: Short-term and long-term trading
- Spreads: From 1.9 pips
- Leverage: 1:10
FLEXIBLE PACKAGE
- Minimum Deposit: $2,500
- Maximum Deposit: $25,000
- Trading Type: Short-term and long-term trading
- Spreads: From 1.7 pips
- Leverage: 1:5
Bronze PACKAGE
- Minimum Deposit: $25,000
- Maximum Deposit: No limit
- Trading Type: Short-term and long-term trading
- Spreads: From 1.4 pips
- Leverage: 1:10
PROMO PACKAGE
- Minimum Deposit: $1,500
- Maximum Deposit: $50,000
- Trading Type: Long-term trading
- Spreads: From 1.1 pips
- Leverage: 1:15
All accounts support USD as the base currency and offer comprehensive IT support, referral bonuses, and hedging functionality, along with real-time chart analysis.
Deposit and Withdrawal Methods
The platform does not explicitly state the supported deposit and withdrawal methods, nor does it disclose processing times or potential fees. There’s a lack of detailed information about fund security and the specifics of deposits and withdrawals.
Regulatory Information
The official site claims that it is regulated by the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (FSC).
- ASIC Regulation
The site claims its Australian registered company is TradesHorizon Australia Pty Ltd with license number 436416. However, this number actually belongs to the broker TMGM’s Australian entity, Trademax Australia Limited. - Vanuatu FSC Regulation
The provided Vanuatu regulatory entity is Trademax Global Limited. Upon verification, this company is actually a subsidiary of the broker TMGM.
Overall, the regulatory information claimed by TradesHorizon significantly deviates from actual conditions, and there is no conclusive evidence of its regulation by any official financial authority.
Company Address and Staff
The official website lists the company address as 76-78 Wolverhampton Road, Cannock, England. However, a search on the UK Companies House website shows no active company registered at this address. Additionally, the platform does not disclose any staff member information, and no related employee profiles can be found online.
Website Traffic and Website Template
According to Semrush, the monthly website visitor count for TradesHorizon is less than 100, indicating an extremely limited user base. Additionally, the design template of the site is identical to several known scam platforms, such as CapitexKryptoFX, ActiveTradesExchange, AllianceCryptoFXTrade, all utilizing a similar mass-generated website style.
User Reviews and Brand Exposure
Currently, there are no user reviews of TradesHorizon available online, nor are there any news or market discussion regarding the platform. Overall, the platform’s brand exposure is extremely low.
Contact Information and Social Media
The platform’s official website only provides email as a contact method ([email protected] / [email protected]) and offers no other official contact means.
Furthermore, the platform does not have official accounts on major social media platforms like LinkedIn, Facebook, Instagram, Twitter, or YouTube.
Risk Report
Based on the information above, TradesHorizon poses several uncertainties and risks, mainly including the following points:
- Unclear Company Entity: The company information registered at the UK Companies House does not match the claims on its official site, and there is no confirmed regulatory qualification.
- Dubious Regulatory Information: The platform’s claimed ASIC and FSC regulatory information actually pertains to TMGM’s entities.
- Lack of Trading Software: It does not provide mainstream trading software like MT4/MT5, only supporting a web-based self-developed system, which lacks transparency.
- Missing Deposit and Withdrawal Information: There is no clear disclosure of methods, processing times, or fees, raising questions about fund safety.
- Lack of Brand and User Reviews: No user reviews or news about the platform can be found online, indicating a very limited user base.
- Website Design Matches Other Platforms: This platform uses the same web design template as several known scam sites, indicating potential risk.
In summary, many critical aspects of TradesHorizon lack transparency, and investors should fully understand its potential risks and carefully consider fund safety before choosing this platform.
