HorizonCFDs.com is not a regulated CFD broker and you should avoid dealing with them. The website claims to be authorized and regulated by the St. Vincent and the Grenadines Financial Services Authority, however, the SVGFSA has issued a warning notice against them stating “The Authority strongly cautions the public against engaging in any business transactions with this entity, as doing so may expose individuals to fraudulent activities and financial loss.”
Customer Reviews Are Unavailable
Customer reviews have been turned off for this provider as they are not regulated by the FCA and are not allowed to provide financial services to UK customers.
To check if a firm is authorised by the Financial Conduct Authority, you can:
The Importance of FCA Authorisation & Regulation
All firms offering financial services in the UK are required to be regulated by the FCA which is crucial in the UK for protecting consumers, ensuring financial market integrity, and promoting financial stability.
The FCA helps prevent mis-selling, enforces laws against market abuse, and supports innovation while fostering competition.
By setting and enforcing high standards, the Financial Conduct Authority maintains confidence and transparency in financial markets and protects clients’ money if a firm goes bust with the FSCS.
Alternatives
You can find an alternative provider that is regulated by the FCA in the UK in our comparison tables, where you can also see our opinion and customer reviews from our annual awards.
Investment Accounts
Grow your money in the long-term with lower risk tax efficient investing accounts.
Trading Platforms
Compare the best FCA regulated trading platforms where your funds are protected by the FSCS.
Money Transfers
Get the best exchange rates when sending money abroad or investing internationally.
Worried About Financial Scams?
We have produced lots of guides about how to avoid financial scams in the UK. You can read a selection of them below.
If you think you have been a victim of a financial scam you should report it to the FCA here.
Copy Trading: Scam or Legitimate Investment Opportunity?
It was recently reported that around 20% of the trading volumes generated by some offshore CFD brokers are from copy trading. Which is an alarming
Are BTC (Bitcoin) Telegram Signal Bots Ads a Scam?
A user has written in and asked: “Are Telegram BTC Ads legit?” So in this article, we are going to take a look at what
Facebook & Instagram deliberately profiting from scam ads targeting UK consumers
I’ve been saying for years that Meta, the owner of Facebook and Instagram, is knowingly profiting from fraudulent advertising, including fake investment ads that impersonate
Pension Scams: How To Spot, Avoid and Report Them
Britons are still losing millions of pounds to pension scams each year, despite tough new anti-fraud rules that have slowed transfers and frustrated savers. Fresh
Instagram trading scams worse since Meta stopped fact-checking
My Instagram feed is getting worse, litterally every other post is a trading scam advert. When browsing through Instagram it is completely evident that there
How to avoid getting ripped off by rogue currency broker honeymoon exchange rates
One of the main issues with doing a large currency transfer is that it’s a one-off transaction that you probably haven’t done before, and you
FCA Warns on Investment Clones and Issues 29 Warnings in 7 days
The FCA has highlighted the dangers of investment clone scams and has issued 29 new FCA warnings to unauthorised and clone firms in the last
Recovery Room Scams: The Dangers of Trusting Fake Reviews
Scammers are smart and dedicated to getting their hands on your cash. Trading loss expert reviews scams are a particular danger to investors – and
FCA finally flexing and fining Finfluencers for promoting scams
The FCA has finally done something about trading scams being promoted on Instagram. Emmanuel Nwanze who controlled the @holly_fxtrends Instagram account along with Holly Thompson
How To Spot and Avoid Investment Scams
We recently revealed from official police data that over £75m has been lost by UK investors to social media scams in one year. Find out
UK Investors Lose £75 Million To Financial Scams On Social Media
We submitted a Freedom of Information request to the police and action fraud to find out the true losses of how bad reported investing and
Another blow for cryptocurrency as Chase Bank UK bans crypto payments because of scams
J.P. Morgan’s UK banking arm Chase UK will stop its customers from buying cryptocurrencies from next month. Chase UK will stop its customers buying cryptocurrencies
TikTok is the new haven for forex, bitcoin and investment scammers
It’s good to see the FCA finally showing their teeth and doing something about investing and trading scams on social media. Especially as Instagram has
FCA’s InvestSmart aims to stop new investors being scammed by social media
The FCA’s InvestSmart will aim to provide information for this new breed of young investors who are being encouraged to take on high-risk investments. A
The FCAs ban on Cryptocurrency derivatives won’t stop scammers
It’s certainly a step in the right direction but the FCA’s decision to ban cryptocurrency CFDs doesn’t go far enough to stop scammers. Britain’s financial
FCA Register Cloned By Scammers
Scammers have cloned the FCA Register on www.register-fca.org. Whenever we talk about financial investment scams, and we talk about them a lot, one of the
CFD Scams – What are they and how to spot them
We talk endlessly about CFD (contracts for difference) scams and how to avoid them. We’ve done surveys on what people do when they spot fake
How can major media outlets still be hoodwinked into unwittingly promoting forex investment scams?
For a while now, scammers have been targetting the national press through fake news, unwitting journalists and press releases. This is perhaps the most dangerous
Scam Financial Advertising & Promotion Statistics (2020)
Social media influencers are the least trusted to advertise financial products, with only 3% of those surveyed saying they trusted them. This is a relief
Which forex brokers offer a welcome bonus and won’t scam me?
A reader has asked: Which forex brokers offer a welcome bonus and won’t scam me? The quick answer is this, none. No decent broker will
Bond Scams: The rise of fixed income scams and how to avoid them
Bond Scams: One of the interesting things about running a website is that you can see via the analytics how people end up on it.
How To Spot & Avoid Investment ISA Scams
If you’re worried that an investment ISA may be too good to true here’s our guide to spotting ISA scams Investment ISAs that advertise eye-catching