Introduction
HorizonsTrades.com is an online trading platform that offers a variety of financial instruments for trade. The company is regulated by the Cyprus Securities and Exchange Commission (CySEC) and offers a number of platforms for its clients to trade on, including the MetaTrader 4 (MT4) platform. The company also offers a mobile trading app for iOS and Android devices.
The Different Types of Accounts Offered
Investors who are new to the world of online trading may be overwhelmed by the sheer number of different types of accounts that are available. However, most brokerage firms will offer a few basic account types that will suit the needs of most investors.
The most common type of account is a regular brokerage account. This is the simplest type of account and can be used for buying and selling stocks, bonds, mutual funds, and other securities. These accounts are typically managed by the investor themselves, although some brokerages may offer advisory services.
Another common type of account is an IRA or individual retirement account. These accounts come with special tax benefits and can be used to save for retirement. There are several different types of IRAs, so investors should consult with their financial advisor to see which one is right for them.
For investors who want someone else to manage their money, there are also managed accounts. These can be either traditional or Roth IRAs, but they typically have higher fees than regular brokerage accounts. Investors should carefully research any managed account before investing to make sure it is a good fit for their needs.
The Platforms Used
The platforms used by HorizonsTrades.com are the MetaTrader 4 (MT4) and WebTrader platforms. The MT4 platform is a popular choice for many traders as it offers a wide range of features and tools that can be used to analysis the markets and place trades. The WebTrader platform is a more simple platform that is designed for those who want to trade without having to download any software.
The Instruments Traded
The instruments traded at HorizonsTrades.com include Forex pairs, Contracts for Difference (CFDs), and metals. The selection of instruments is not as extensive as some other brokers, but it covers the major markets that most traders are interested in. The spreads are very competitive, starting at 0.1 pips on the EUR/USD pair. The leverage is also high, up to 1:500, which gives traders the ability to take on large positions with a small amount of capital.
Ratings
Ratings play an important role in the investment world. They provide insight into a company’s credit worthiness and help investors make informed decisions. HorizonsTrades.com is a website that offers ratings and reviews of companies in the financial sector. In this review, we’ll take a look at their ratings, regulations, platforms, instruments, and more.
HorizonsTrades.com is accredited by the Investment Industry Regulatory Organization of Canada (IIROC). This means that they are held to high standards of conduct and must meet certain requirements in order to operate in Canada.
The website rates companies on a scale of 1 to 5 stars. Each star represents a different level of risk. For example, a company with a rating of 5 stars is considered to be very safe, while a company with a rating of 1 star is considered to be high risk.
In terms of regulations, HorizonsTrades.com adheres to Canadian securities laws. They are also a member of the Canadian Investor Protection Fund (CIPF), which provides protection for investors in the event that a member firm becomes insolvent.
As for platforms, HorizonsTrades.com offers both web-based and mobile trading platforms. Their mobile platform is available for iOS and Android devices. In terms of instruments, they offer forex, CFDs, stocks, options, and more.
Overall, HorizonsTrades.com is a reputable website that offers accurate ratings and reviews of financial
Conclusion
If you’re looking for a comprehensive review of the HorizonsTrades.com website, then look no further. We’ve covered everything from the regulatory environment to the platforms and instruments on offer, as well as providing our own ratings. Overall, we believe that HorizonsTrades.com is a great option for both experienced and novice traders alike. So why not give them a try today?