Abstract: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.
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 |
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