Summary
Horizons28 is a trading platform that provides tools driven by artificial intelligence (AI), a variety of assets, and smart features aimed to help traders be successful. But there are some signs of concern. They have only been registered for a year, and they are not subject to regulation by the FCA (UK) or any other established regulatory body. The Financial Market Authority (FMA) of Austria has also issued a warning to them. We have serious doubts about Horizons28’s legitimacy due to its dubious withdrawal policies and numerous unfavorable user reviews.
What Is Horizons28?
Overview of Horizons28
- Name: Horizons28
- Type: Unlicensed Entity
- Address: WeWork, 90 York Wy, London N1 9AG, United Kingdom
- Website: https://horizons28.com/
- Warning Issued By: Financial Market Authority (FMA) Austria
Horizons28 describes itself as a leading online trading service that enables access to multiple financial markets. Users can trade Forex, commodities, stocks, and cryptocurrencies. They also profess that they are utilizing AI-driven technology to improve trader performance and to allow users to achieve superior returns.
Key Features Claimed by Horizons28
- AI-Based Trading Tools: Automated systems to help in making trading decisions.
- Access to Global Markets: Trade Forex pairs, commodities, stocks, and cryptocurrencies.
- Fast Execution & Plenty of Liquidity: The ability to fill orders efficiently.
- 24/7 Cryptocurrency Trading: Access to digital assets at any time of the week.
These all sound good; however, we do have concerns regarding some additional points.
Red Flags and Warning Signs
1. New and Unverified Domain
The Horizons28 domain was registered in 2025. It is a relatively new platform, and new websites typically do not have a strong history, transparency, or legitimacy, whereas certain websites do, which means they can be a risk to investors.
2. No Regulatory Oversight
Despite having a London, UK address, Horizons28 is not subject to FCA or other major financial authority regulation. If traders use this platform, they are not getting the protections of a legitimate brokerage.
3. Warning from Financial Market Authority (FMA)
The Austrian FMA has stated there is a public warning against Horizons28 that suggests that they may not be engaged in fair financial business practice and may, in fact, be engaged in misleading practice. When a regulatory body raises a warning, it is usually indicative of a platform that may not be performing business in an approved manner.
4. Withdrawal Issues
Several users of the platform have complained about not receiving approvals for their withdrawals. Some traders report being requested to provide more money (up to 20% of their account) under the guise of taxes or proof of liquidity before their withdrawals would be approved.
5. Negative User Reviews
Horizons28 presently has a 2.9-star rating on Trustpilot, with many users reporting negative experiences.
- One seasoned trader noted, “I deposited roughly $45k into Horizons28 because I thought it was a legitimate platform. When I went to withdraw, I was told I needed to send additional payments. Finally, my account was blocked and my money was frozen.”
This type of feedback raises serious questions about transparency and, most importantly, the safety of client funds.
Know more about similar broker cases by checking the list of scam brokers.
Frequently Asked Questions (FAQ)
1. Is Horizons28 regulated?
Horizons28 does not have regulation from the FCA or any other official agency.
2. Has any financial authority issued a warning against Horizons28?
The Austrian Financial Market Authority (FMA) issued a formal notice regarding Horizons28.
3. Can users withdraw funds from Horizons28?
Clients often report an inability to withdraw funds, difficulty withdrawing funds, and unreasonable demands for additional fees.
4. Is Horizons28 a trusted trading platform?
According to recent reviews and regulatory notices, Horizons28 is not a legitimate trading name.
Final Thoughts
Though Horizons28 suggested it had a modern AI-driven trading solution, it is highly doubtful whether or not it is above board based on the lack of regulation, user reports, and regulatory announcements.
Traders are warned/advised to avoid depositing funds or working with companies, including Horizons28, that cannot provide appropriate regulation and/or are not willing to be forthright with existing business practices.
If you are a victim of a benefit of this type or lost money to Horizons28, reach out to Sky Recoups, who specialize in fund recovery and online financial disputes.
