Horizons28 Broker
Horizons28 has caught the attention of both users and regulators. This Horizons28 review analyzes who Horizons28 claims to be, the services it offers, its regulatory status, common red flags, and actions to take if you lose money.
About Horizons28
Warning – Spain’s regulator, CNMV has reported Horizons28
Website: https://horizons28.com/
Address: WeWork 90 York Wy London N1 9AG United Kingdom
Regulation Status: Unregulated
Warnings By CNMV
Aggressive Boiler Room Tactics
Investors have reported high-pressure interactions with Horizons28, describing it as a classic “boiler room” operation. Victims are often bombarded with relentless phone calls from charismatic “brokers” who use fake trading data to show massive imaginary profits. These agents push for increasingly large deposits, preying on the financial goals of families. Once the capital is committed, the platform’s accessibility often vanishes, leaving users locked out of their accounts with no way to verify where their thousands of dollars actually went.
The “Advance Fee” Trap and Global Bans
A major warning sign involves the demand for “transfer fees” or “taxes” to release stuck funds. Regulators across Europe, including the AFM (Netherlands), FMA (Austria), and Hanfa (Croatia), have issued official alerts stating that Horizons28 is an unauthorized entity using forged letterheads to scam individuals. These authorities emphasize that legitimate brokers never require an upfront payment to process a withdrawal. With the website frequently crashing and support disappearing, it is clear that any additional payments requested are simply a final attempt to drain the victim’s remaining savings.
Lost Funds to Horizons28?
If you have lost funds to Horizons28, take action now. Fill out a form to ask for a case review and get fund-recovery assistance.
Is Horizons28 a Trustworthy Platform?
To figure out if Horizons28 is trustworthy, consider the following points:
- Does the broker have a valid license from a top regulator (FCA, ASIC, CySEC, etc.)?
- Does the website have verifiable company registration information?
- The phone numbers, office addresses, and legal documents are real and can be traced.
- Are customer testimonials similar, or do a lot of users say that there are problems with the withdrawal?
Conclusion:
- With the lack of proper licensing or company information, the risk might be much higher. Always check before you deposit any funds.
How Risky Platforms Often Operate
Here are the suspicious trading platforms’ tactics that are used the most:
“Pig-Butchering” / Long-Term Manipulation
Scammers first build a connection through chat apps, social media, or dating sites and then lead the unaware to trading on platforms where they are eventually ripped off.
Clone Trading Platforms
Such platforms imitate real trading platforms — showing rising balances, charts moving favourably — but these are fake. Withdrawals may be allowed initially, then blocked later.
Other Indicators
- Calls or messages urging you to make large deposits.
- Assurances of very high returns with no risks and short waiting times.
- Requests for “taxes” or “clearance fees” to be paid before the cash-out can be processed.
- A website that looks perfect, but in reality, it just hides the lack of regulatory disclosure.
- Fake user reviews, getting celebrity endorsements, or buying reviews to create an illusion of credibility.
Warning Signs Associated with Horizons28
- Absence of a valid, verifiable license number.
- The company address and contact information are either nonexistent or hard to trace.
- The application of forceful sales strategies is pushing for large deposits very quickly.
- The claim of “guaranteed profits” is not credible.
- The online reviews speak of payments being stopped, support disappearing, or staff being unresponsive.
What to Do If You Have Invested with Horizons28
Should you have already deposited money with Horizons28 and suspect problems, do the following steps right away:
- Stop all communication with the platform and the representative that is connected to it.
- Let your bank or payment processor know about it – inquire about charge-backs, blocking more payments, or recovering funds.
- Collect proof – keep all communication, screenshots of the trading platform, deposit slips, chat logs, email threads, and transaction IDs.
- Inform the authorities – reach out to your local police or cybercrime department and lodge a formal complaint. Also, inform the financial regulator that is relevant to your jurisdiction.
- Get professional help for the recovery – if the losses are considerable, consider very carefully reliable fund-recovery or legal assistance (check credentials, fees, and past cases before hiring).
Quick Summary
Horizons28 lack of regulatory oversight, along with the multitude of red flags, makes it a high-risk market. If you decide to go on, it is imperative to check its license, corporate identity, and withdrawal history first.
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