Terms of use

About this website

This website describes HorizonFX, an automated trading service that runs on a trading account in your own name with our partner broker. It is general information, not personal financial advice. You decide whether the service suits you.

Risk

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

The robot trades contracts for difference (CFDs) on forex. You can lose some or all of the money you deposit. Every trade has a stop-loss, but the robot can add to a position that is moving against you, which increases the amount at risk. Past results are not a guide to future results. Only invest what you can afford to lose.

Your account and your money

You open and fund your account with our partner broker, under the broker's own terms. The money stays in that account, in your name. We only have trading access: we can never withdraw your money. You can withdraw it at any time from your broker's dashboard.

Fees and how we are paid

There is no fee to join. Our fee is 5% of the gains the robot makes for you, and £0 when there are none. Your broker charges its usual trading costs (spreads, overnight fees). Our partner broker also pays us commissions linked to your deposits and trading activity.

Who can use the service

You must be 18 or over and allowed to trade where you live. We set up 5 new members a day, so we may ask you to wait for a place.

No guarantee

We do not guarantee any result. We may change or stop the service; if we do, we tell members in our Telegram group.

Liability

Nothing in these terms limits any liability that the law does not allow us to limit. Apart from that, we are not responsible for losses caused by market movements, by your broker or by Telegram.

Contact

See our contact page.

Changes

We post any change to these terms on this page, with a new date.