#fraudwarning

I want to share my experience to warn you all and hopefully prevent you from falling into the same trap. Recently, I was scammed out of 3000 euros through a single careless click.

It all started with an email that seemed totally normal. I thought it was important and clicked the link without thinking twice. Unfortunately, soon after, I noticed money disappearing from my account.

My advice to you:

1. Never click on links from unknown senders.

2. Double-check URLs and avoid sites that look suspicious.

3. If something seems too good to be true, it probably is.

The only real way to recover is through official legal channels. Report the fraud to your local authorities or you can write the (Vegochain support team, FBI’s IC3 in the US, Action Fraud in the UK, or your national cybercrime unit).

One major warning sign is that BITmarkets operates without a license from any official financial body. Registered financial companies are typically listed under regulators like the FCA, ASIC, SEC, or CFTC, and must follow strict consumer protection rules.

Because BITmarkets is not regulated, there’s no legal oversight or financial protection for users. Scammers often use this loophole to operate freely, leaving victims with little chance of fund recovery if things go wrong.

The online trading world is filled with platforms that promise access to global markets and advanced tools, and Horizon Trading positions itself as one of them. It advertises automated trading, diversified investments, and portfolio management—all wrapped in polished language that suggests professionalism. However, when you start examining what actually supports these claims, the picture becomes far less reassuring.

The first red flag comes from Horizon Trading’s own narrative. The platform portrays itself as having more than seven years of operational history, yet its domain horizontrading.live was only registered in May 2025. This contradiction alone raises critical doubts. A platform with such supposedly long-standing experience would not be operating from a domain with no prior footprint, no archived history, and no verifiable presence before this year.

Then there’s the company behind it—Horizon Trading LTD. On paper, that sounds legitimate, even international. But in practice, no corporate registry shows this company operating anywhere. The London address the site advertises turns out to be a shared office building with no trace of Horizon Trading ever renting space there. It’s the kind of “corporate identity” many high-risk entities use: a name with no substance and an address that leads nowhere.

Regulation is another missing pillar. A legitimate financial service, especially one trading forex, stocks, and crypto CFDs, should hold licenses from recognized authorities like the FCA, FINRA, ASIC, or ESMA. Horizon Trading holds none. Even more concerning is its complete lack of published legal documents—no Terms & Conditions, no Privacy Policy, no Risk Disclosure. Without these, users enter an environment with zero legal protection should disputes arise.

Transparency, too, is almost nonexistent. The platform claims support for MT5, but its server information does not appear in the MT5 database. It claims thousands of instruments and hundreds of millions in trading volume, yet Semrush data shows fewer than 100 monthly visits to the site. Claims of “millions of users worldwide” collapse instantly when measured against objective analytics.

Its trading conditions are equally vague. No spreads, no fees, no margin requirements, no liquidity sources, and no details on deposits or withdrawals are provided. Even its educational resources—promoted heavily under the name “Expansive Academy”—are nothing more than a dead link looping back to the homepage.

The pattern becomes clear: Horizon Trading presents an image of legitimacy without providing the substance. Everything from its operating history to its regulatory claims collapses under scrutiny. The lack of social media presence, the bare-minimum contact information, and the anonymous corporate identity all reinforce the same conclusion.

A trading platform can’t be judged by its slogans or its website layout. It must be judged by verifiable information. And by that measure, Horizon Trading appears far from secure.