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    Horseforex:Horse Group was founded in 2010 and has a global presence with companies in various fields such as equestrian clubs, research, finance, etc. Horseforex Pty Limited was founded in 2016 and officially entered the Chinese market in 2017. The broker is currently regulated offshore by the Financial Services Commission (FSC) of Mauritius (Regulatory Certificate No. C118023277) and holds a license from the Dubai Multi Commodities Centre (DMCC) (License No. DMCC-711698).

    Abstract:Horse Group was founded in 2010 and has a global presence with companies in various fields such as equestrian clubs, research, finance, etc. Horseforex Pty Limited was founded in 2016 and officially entered the Chinese market in 2017. The broker is currently regulated offshore by the Financial Services Commission (FSC) of Mauritius (Regulatory Certificate No. C118023277) and holds a license from the Dubai Multi Commodities Centre (DMCC) (License No. DMCC-711698).

      Basic Information & Regulators of Horseforex

      Horse Group was founded in 2010 and has a global presence with companies in various fields such as equestrian clubs, research, finance, etc. Horseforex Pty Limited was founded in 2016 and officially entered the Chinese market in 2017. The broker is currently regulated offshore by the Financial Services Commission (FSC) of Mauritius (Regulatory Certificate No. C118023277) and holds a license from the Dubai Multi Commodities Centre (DMCC) (License No. DMCC-711698).

      Safety Analysis of Horseforex

      Horse Forex claims to be regulated by the DMCC, but the DMCC is not a regulatory body. Additionally, the trader is only regulated by the Mauritius Financial Services Commission, which is not a mainstream regulator. Therefore investors should take careful consideration when choosing this trading broker.

      Market Instruments

      DMCC provides investors with popular trading products in the global financial markets, mainly foreign exchange, commodities (natural gas, copper, cotton, sugar, crude oil), rare metals, indices, stocks, cryptocurrencies (Bitcoin, Litecoin, Dashcoin, Ripple, Ethereum).

      Leverage & Account

      Both accounts have a minimum deposit of $50 and are available with leverage of 1:30, 1:40, 1:100, 1:200, 1:400 for traders to choose from.

      Spreads & Commission Fees of Horseforex

      The main spreads for Forex products: the average spread for EURUSD is 0.2 pips, the average spread for EURGBP is 0.6 pips, and the average spread for GBPUSD is 0.6 pips. The main spreads of metal products: the average spread of gold dollar is 1.3 pips, the average spread of silver dollar is 3.6 pips. Main spreads for commodities: 1.5 pips for Natural Gas, 2.6 pips for Brent Crude Oil, and 2.4 pips for West Texas Crude Oil. Main spreads for index products: 26.0 points for the German 30, 26.0 points for the Nasdaq, and 40.0 points for the Hong Kong Hang Seng. Main spreads for stocks: Apple's average spread was 7.0, Amazon's average spread was 80.0, and Facebook's spread was 5.0. Cryptocurrency spreads: Litecoin has an average spread of 316.0, Ripple has an average spread of 320.0, and Bitcoin has an average spread of 2400.0.

      Trading Platform Applied

      HorseFX provides traders with MT4, MT5, MT Apple Mobile, MT Apple PC, and MT Android Mobile trading platforms.

      Deposit & Withdrawal of Horseforex

      Forex offers traders a wide range of convenient and efficient ways to deposit and withdraw funds, including UnionPay, Alipay, Digital Currency, Wire Transfer, PayPal, WeChat, Visa, Skrill/NETELLER, ZOTAPAY, Perfect Money, etc.


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