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https://www.horsegroup.top/en/
Website
MT4/5 Identification
Full License
Single Core
1G
40G
More
Horseforex PTY Limited
Horseforex
Australia
Pyramid scheme complaint
Expose
Fraud broker. Pay attention
I deposited $40,000 in June but failed to withdraw. The manager said it was under review and even blocked me.
It has been almost a month since Ma Hui, the withdrawal of funds is still not accounted. I have already commissioned it. I don’t know if it will work. The black platform is really cheating.
On March 1, 2021, I deposited US$3,000 on the scam platform Horseforex. After a month, I made a total of US$56. I applied for a full withdrawal on April 2, and the total amount of withdrawal was US$3059.8. No withdrawal was received on April 7, so I asked the customer service for help and was asked to provide the bank information. I provided it as soon as possible. The account was not received on 4.15. The customer service said that they were verifying and will transfer as soon as possible. On 4.28, the customer service said that after checking the account, the order is missed. They said it will be processed that day, and the account has not been received until today.
Unable to withdraw since June 1 which is disgusting. Now we can’t login
I am unfriended by the customer service. This broker should abscond. Does anyone here have some info about their boss?
Horseforex banned the account when he made a profit. The salesperson had blocked him, and the email did not reply. It was impossible to contact anyone related to Horseforex, spamming the black platform.
I registered on this platform when Mahui was separated from Aushui in 2019. During this period, I have been losing money for nearly two years until May 2021, and I have been losing money continuously during the period. The total deposit is about 13,000 US dollars. On 5.19, because of the short position in Bitcoin and Ethereum, the previous losses were earned back. Then I applied for withdrawal in the background on 5.20, and on 5.21, Mahui platform sent an email saying that the withdrawal request had been approved. During the period, the account has not arrived. On 5.23, Ma Hui emailed me saying that I had violated the rules, what arbitrage robots I used, and profited by delaying the quotation. My MT4 account was blocked directly, and I was also forbidden to log in in the background. I contacted Ma Hui and asked them to take out my transaction list and provide evidence of my violation. Ma Hui did not respond. If I could use these, would I lose two years before using it? Could it be that Ma Hui can only lose money, not earn money? Loss is correct operation? And what I pay out is still my own principal. Isn't that all right? From 5.23 till now, I contacted Ma Hui every day and contacted the customer service. There was no response, and the account manager did not reply. Ma Hui, pay back my principal and hard-earned money.
Abscond, mt4 account can't access, website can't access, completely run away
Trash Horseforex returns my 200000 dollars. Only allow to lose but not make profit. Do not allow to withdraw once you win. Trash Horseforex
I’ve invested over $60,000 since November 2019 and withdrawn over $10,000. Now there is still $16,000. And there is over $1,300 in my commission account. And withdrawals won’t be processed since May 16, 2021. At the beginning, they replied to me that they were changing the deposit channel of the digital currency. Now they just ignored me. Unable to access to customer center. They are not afraid of breaking laws?
I registered on this platform when Mahui was separated from Aushui in 2019. During this period, I have been losing money for nearly two years until May 2021, and I have been losing money continuously during the period. The total deposit is about 13,000 US dollars. On 5.19, because of the short position in Bitcoin and Ethereum, the previous losses were earned back. Then I applied for a withdrawal of US$3,000 in the background on 5.20. On 5.21, the Mahui platform sent an email saying that the withdrawal request had been approved. During the period, the account has not arrived. On 5.23, Ma Hui emailed me saying that I had violated the rules, what arbitrage robots I used, and profited by delaying the quotation. My MT4 account was blocked directly, and I was also forbidden to log in in the background. I contacted Ma Hui and asked them to take out my transaction list and provide evidence of my violation. Ma Hui did not respond. If I could use these, would I lose two years before using it? Could it be that Ma Hui can only lose money, not earn money? Loss is correct operation? And what I pay out is still my own principal. Isn't that all right? From 5.23 till now, I contacted Ma Hui every day and contacted the customer service, but the account manager did not respond. Do you just want to eat the client's principal directly like this? Ma Hui, pay back my principal and hard-earned money.
Freeze account due to risk control, I was asked to pay margin and I cannot withdraw
I deposited more than $1300 and made profits. But I was unable to withdraw and the account was blocked by the platform. There was no response.
On the morning of May 25 this year, I applied for a withdrawal of US$932.23, and then I received an email that passed the review in the afternoon (Figure 1), but I never paid. I looked for customer service feedback, but kept dragging, saying that the domestic digital currency exchange channel is prohibited, allowing customers to deposit and withdraw through digital currency, and then I registered a digital currency website as required and gave the USDT wallet address, and the customer service came I have to wait for another week (Figures 2, 3, and 4 are screenshots of communicating with customer service), but now I can’t even access the login webpage, big liar!
I registered on this platform when Horseforex was just separated in 2019. During this period, I have been losing money for nearly two years until May 2021, and I have been losing money continuously during the period. The total deposit is about 13,000 US dollars. On 5.19, because of the short position in Bitcoin and Ethereum, the previous losses were earned back. Then I applied for a withdrawal of US$3,000 in the back end on 5.20. On 5.21, the Horseforex platform sent an email saying that the withdrawal request had been approved. During the period, the account has not arrived. On 5.23, Horseforex emailed me saying that I had violated the rules, that I have used arbitrage robots, and profited by delaying the quotation. My MT4 account was blocked directly, and I was also forbidden to log in in the back end. I contacted Horseforex and asked them to take out my transaction list and provide evidence of my violation. Horseforex did not respond. If I could use these, would I lose two years before using it? Could it be that Horseforex can only lose money, not earn money, and if it makes money, it is an illegal operation? Loss is correct operation? And what I pay out is still my own principal. Isn't that all right? From 5.23 till now, I contact Horseforex every day without any response. Do you just want to eat the client's principal directly like this? Horseforex, pay back my principal and hard-earned money.
Stop Out
0.91%
Stop Out Symbol Distribution
6 months
Company Summary
Company profile
General Information & Regulation
Horse Forex is the trading name of Horse Group Limited, which was founded in 2010 and has a global presence with companies in various fields such as equestrian clubs, research, finance, etc. Horse Group Limited is currently regulated offshore by the Financial Services Commission (FSC) of Mauritius (Regulatory Certificate No. C118023277) and holds a license from the Dubai Multi Commodities Centre (DMCC) , License No. DMCC-711698.
Market Instruments
provides investors with popular trading products in the global financial markets, mainly foreign exchange, commodities (natural gas, copper, cotton, sugar, crude oil), rare metals, indices, stocks, cryptocurrencies (Bitcoin, Litecoin, Dashcoin, Ripple, Ethereum).
Minimum Deposit
There are two trading accounts on offer: the STP and the ECN accounts. The minimum initial deposit for both accounts is $50, quite reasonable compared with many other brokers who requires an intial deposit of $200~$500.
Horse Forex Leverage
In terms of trading leverage, the maximum leverage offered by Horseforex is up to 1:400, which is considered high. Using such high leverage level is risky, especially for inexperienced traders.
Spreads & Commissions
The main spreads for Forex products: the average spread for EURUSD is 0.2 pips, the average spread for EURGBP is 0.6 pips, and the average spread for GBPUSD is 0.6 pips. The main spreads of metal products: the average spread of gold dollar is 1.3 pips, the average spread of silver dollar is 3.6 pips. Main spreads for commodities: 1.5 pips for Natural Gas, 2.6 pips for Brent Crude Oil, and 2.4 pips for West Texas Crude Oil. Main spreads for index products: 26.0 points for the German 30, 26.0 points for the Nasdaq, and 40.0 points for the Hong Kong Hang Seng. Main spreads for stocks: Apple's average spread was 7.0, Amazon's average spread was 80.0, and Facebook's spread was 5.0. Cryptocurrency spreads: Litecoin has an average spread of 316.0, Ripple has an average spread of 320.0, and Bitcoin has an average spread of 2400.0.
Horse Forex Trading Platform
Horse Forex supports both MetaQuotes platforms – the MetaTrader4 and the MetaTrader5. Those two share a lot of similarities, most of which are highly praised by the forex community: the top-notch charting and market analysis tools, the support of automated trading bots (Expert Advisors), the customization options, and more.
Deposit & Withdrawal
Forex offers traders a wide range of convenient and efficient ways to deposit and withdraw funds, including UnionPay, Alipay, Digital Currency, Wire Transfer, PayPal, WeChat, Visa, Skrill/NETELLER, ZOTAPAY, Perfect Money, etc.
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