ASIC — Australia
Horseforex PTY Limited
Licence
Horseforex Review — Overview
Regulation
Tier-1 regulated
Licence
ASIC • FSPR
Licence status
Active
Platforms
MT4, MT5
Max. leverage
1:400
Instruments
Forex, crypto, CFDs on stocks, indices and commodities
Typical spread
From 1.8 pips (STP account)
Operating
Est. 2016
Entity
Horseforex PTY Limited
Website
Unknown
Horseforex is a forex & CFD broker based in Australia, established in 2016. On Trust Broker Hub it holds a Trust Score of 5.9 out of 10, which we rate as Fair — above the industry average of 3.3/10. Mixed profile — check regulation and conditions before depositing.
Crucially, Horseforex is regulated by ASIC and FSPR, including at least one tier-1 regulator. Tier-1 regulation is the strongest sign of legitimacy: it normally requires segregated client funds, regular audits and access to a compensation scheme if the broker fails — meaningful protection for your money.
Horseforex provides access to Forex, crypto, CFDs on stocks, indices and commodities. Published conditions include leverage up to 1:400. No complaints are currently on record. Overall, Horseforex has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?Trust Score history
Horseforex currently scores 5.9/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Regulated by a tier-1 authority
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Always verify the licence directly before depositing
Regulation
Tier 1 · Top
Verified
FSPR — Australia
Horseforex PTY Limited
Licence
Tier 3 · Offshore
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Forex, crypto, CFDs on stocks, indices and commodities |
| Minimum deposit | Not disclosed |
| Maximum leverage | 1:400 |
| Typical spread | From 1.8 pips (STP account) |
| Platforms | MT4, MT5 |
| Demo account | ✅ |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on Horseforex
Our analysis · editorial
5.9/10
A mixed risk profile
Horseforex holds a tier-1 regulatory licence among its 2 registrations (ASIC, FSPR). Based in Australia, it has been operating for about 10 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 5.9/10 — a mixed profile.
Strengths
- Authorised by a tier-1 regulator (ASIC, FSPR)
- Holds 2 regulatory licences across multiple jurisdictions
- Long 10-year operating track record
- No complaints on record with us
- Supports MT4 & MT5 trading
Watch-outs
- Always confirm the licensed entity covers traders in your country
Bottom line: Proceed with caution: start with a small deposit and test a withdrawal early.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
Horseforex — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag Horseforex here if that changes.
Full specifications
Regulated region
Australia
Operating period
5-10 years
Instruments
Forex, crypto, CFDs on stocks, indices and commodities
Year founded
2016
Frequently asked
Is Horseforex a safe broker?
Horseforex scores 5.9 / 10 on our Trust Score, above the 3.3 industry average. It holds tier-1 regulation, which offers strong investor protection. It has no complaints on record. Trade only with funds you can afford to lose.
How is the Horseforex trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from Horseforex?
Horseforex publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.