Score

1.52 /10
Danger

Honch International

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 15

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.06

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Honch International Limited

Company Abbreviation

Honch International

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2025-05-01
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 14 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
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Honch International · Company summary

Note: Honch International's official website - https://www.honchlimited.com/ is currently inaccessible normally.

Honch International Review Summary
Founded/
Registered Country/RegionUnited Kingdom
RegulationNo regulation
Market InstrumentsForex, equities, commodities, interest rates
Demo Account/
LeverageUp to 1:100
SpreadAverage 2 pips for major currency pairs
Average 4 pips for minor currency pairs
Trading Platform/
Min Deposit$100
Customer SupportEmail: erge@sutforex.com

Honch International Information

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 and Cons

Pros Cons
Various tradable assetsInaccessible website
Multiple account typesNo regulation
Wide spreads
Account fee charged
No MT4/5
Limited payment options
Withdrawal fee charged
Only email support

Is Honch International Legit?

No. Honch International currently has no valid regulations. Please be aware of the risk!

No license

What Can I Trade on Honch International?

Tradable Instruments Supported
Forex
Equities
Commodities
Interest rates
Indices
Stocks
Cryptocurrencies
Bonds
Options
ETFs

Account Type

Account TypeMin Deposit
STANDARD$100
PREMIUM$10,000
VIP $100,000

Leverage

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.

Honch International Fees

Currency PairAvg Spread
Major 2 pips
Minor 4 pips
Asset ClassCommission
Forex$7/lot
Stock$10/trade

Besides, PREMIUM ACCOUNT entails a monthly fee of $50. VIP ACCOUNT requires a monthly fee of $100.

Deposit and Withdrawal

Payment OptionMin Deposit/Withdrawal Max Deposit/WithdrawalWithdrawal FeeWithdrawal Time
Wire transfer$100$100,000$101-3 business days
Credit/debit card$51-2 business days

User Reviews

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User comment

1

Comments

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FX1341143041
more than one year
I found that Honch International’s mt5 tarding was greatly problematic and technical issues were always happened, which nearly drove me crazy. I asked for its customer support to help me, but they said that they don’t know how to do. Ridiculous!
I found that Honch International’s mt5 tarding was greatly problematic and technical issues were always happened, which nearly drove me crazy. I asked for its customer support to help me, but they said that they don’t know how to do. Ridiculous!
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2023-03-13 13:34
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