Brokers  /  Fake Horse Forex

Fake Horse Forex

Severe riskForex / CFD broker
🇦🇺 Australia · 5-10 years · since 2020-12-09 · Horse Forex.
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Independent ratingshow third parties score this broker
WikiFX1.53/10
Trustpilot/5
Forex Peace Army/5
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No sign that Fake Horse Forex actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
85
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Listed as “Fake Broker” in industry watchdog records
  • Identified as a clone / impersonator firm
  • Withdrawal complaints in ~150% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing9735%
Company age2215%
Clone / impersonation10012%
Withdrawal & exposure complaints4212%
Offshore registration108%
Transparency (site/info/social)10010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameHorse Forex.
Headquarters🇦🇺 Australia
Founded2020-12-09
Years operating5-10 years
Employees0
Official websitesecure.horsegroup.net
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
ASICForex Execution License (STP)330757Australia

Review analysis AI

Fake Horse Forex carries a severe scam risk rating of 85/100, primarily due to the lack of verifiable regulatory status and the absence of any independent online presence. The broker's ASIC licence is on file but its current status is unclear, and there are no user reviews or operational details to assess its legitimacy. Traders are strongly advised to avoid this broker until it can demonstrate transparent and trustworthy operations.

0
Period:
What users complain about
Where reviewers are from
Malaysia2

Real user reviews

Where Fake Horse Forex operates

Based on its licenses and complaint records.

🇦🇺 Australia Licensed
🇲🇾 Malaysia 2 complaints

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About Fake Horse Forex

Who is Fake Horse Forex?

Fake Horse Forex is an online brokerage entity registered in Australia, claiming to operate since 2020. The broker presents itself as a retail forex and CFD provider under the domain horse-fx.com. However, independent public information about the broker is extremely scarce, leaving potential clients with very limited verifiable details.

Regulation and Safety

According to publicly available records, Fake Horse Forex holds an ASIC (Australian Securities and Investments Commission) Forex Execution License (STP). However, the current status of this licence is not clearly indicated. ASIC is a well-known regulator, but without confirmation of an active licence, the level of regulatory protection for clients remains unclear. The broker has been assigned a high scam risk score of 85/100 by independent analysts, highlighting serious potential risks.

Company Background

Fake Horse Forex was founded on 9 December 2020 and is based in Australia. Beyond this basic registration detail, little is known about the company's management, physical office locations, or operational history. The lack of a substantial online footprint or user reviews raises questions about the broker's market presence and track record.

Account Types and Trading Conditions

No specific information is available regarding the account types, leverage, spreads, or minimum deposit requirements offered by Fake Horse Forex. The broker's official website may contain this information, but it was not accessible or verifiable through independent channels. Traders seeking to understand the trading conditions should approach with caution due to the absence of transparent data.

Trading Platforms and Instruments

Similarly, details about trading platforms (such as MetaTrader 4/5 or proprietary software) and the range of instruments (currency pairs, CFDs, etc.) are not publicly documented. Without clear information, evaluating the broker's trading environment is not possible from an independent standpoint.

Deposits and Withdrawals

Funding methods, processing times, and fees for deposits and withdrawals are also undisclosed in publicly available records. The lack of transparent financial operations further adds to the overall risk profile of this broker.

Conclusion - What Traders Should Know

In summary, Fake Horse Forex is a minimally documented broker with an ASIC licence registration but an unverified status. The high scam risk score and absence of independent reviews or detailed operational information suggest that traders should exercise extreme due diligence. Until more concrete evidence is available, this broker cannot be recommended for any trading activity.

Overview compiled by FXCanary from regulatory records and public data. full Fake Horse Forex review