User Reviews
More
User comment
1
CommentsWrite a review
Score
United Kingdom
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Quantity 15
Exposure
Score
Regulatory Index0.00
Business Index7.06
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
More
Company Name
Honch International Limited
Company Abbreviation
Honch International
Platform registered country and region
United Kingdom
Company website
Company summary
Pyramid scheme complaint
Expose
Note: Honch International's official website - https://www.honchlimited.com/ is currently inaccessible normally.
Honch International Review Summary | |
Founded | / |
Registered Country/Region | United Kingdom |
Regulation | No regulation |
Market Instruments | Forex, equities, commodities, interest rates |
Demo Account | / |
Leverage | Up to 1:100 |
Spread | Average 2 pips for major currency pairs |
Average 4 pips for minor currency pairs | |
Trading Platform | / |
Min Deposit | $100 |
Customer Support | Email: erge@sutforex.com |
Honch International is an unregulated broker registered in the United Kingdom, offering trading on forex, equities, commodities and interest rates with leverage up to 1:100 via the MT5 trading platform. The minimum deposit requirement is $100.
Pros | Cons |
Various tradable assets | Inaccessible website |
Multiple account types | No regulation |
Wide spreads | |
Account fee charged | |
No MT4/5 | |
Limited payment options | |
Withdrawal fee charged | |
Only email support |
No. Honch International currently has no valid regulations. Please be aware of the risk!
Tradable Instruments | Supported |
Forex | ✔ |
Equities | ✔ |
Commodities | ✔ |
Interest rates | ✔ |
Indices | ❌ |
Stocks | ❌ |
Cryptocurrencies | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
Account Type | Min Deposit |
STANDARD | $100 |
PREMIUM | $10,000 |
VIP | $100,000 |
The broker offers maximum leverage of 1:100. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.
Currency Pair | Avg Spread |
Major | 2 pips |
Minor | 4 pips |
Asset Class | Commission |
Forex | $7/lot |
Stock | $10/trade |
Besides, PREMIUM ACCOUNT entails a monthly fee of $50. VIP ACCOUNT requires a monthly fee of $100.
Payment Option | Min Deposit/Withdrawal | Max Deposit/Withdrawal | Withdrawal Fee | Withdrawal Time |
Wire transfer | $100 | $100,000 | $10 | 1-3 business days |
Credit/debit card | $5 | 1-2 business days |
More
User comment
1
CommentsWrite a review