Score
Honch International
United Kingdom|5-10 years| http://www.honchlimited.com/en/index.html
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
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Website
honchlimited.com
Server Location
China
Website Domain Name
honchlimited.com
Server IP
45.248.85.192
Company Summary
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 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 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 |
Is Honch International Legit?
No. Honch International currently has no valid regulations. Please be aware of the risk!
What Can I Trade on Honch International?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Equities | ✔ |
| Commodities | ✔ |
| Interest rates | ✔ |
| Indices | ❌ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
| Account Type | Min 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 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.
Deposit and Withdrawal
| 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 |
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Review 16
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Review 16
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难得糊涂89372
Singapore
It’s said it is in maintenance... but it has been over a month... And today the web is disabled
Exposure
2020-12-30
FX4565317152
United States
The people in the photo are frauds who cheat u into investing. She use the photos of Jasmine. I don’t know whether the photos are herself or not. But it’s so hateful. Besides Honch, they also cheat people into investing in PF, both of them are fraud platforms.
Exposure
2020-12-23
难得糊涂89372
Singapore
They cheated me of commissions and taxes. But they don't admit now. I heared they are cheating others with other platform now
Exposure
2020-12-21
难得糊涂89372
Singapore
Can’t withdraw funds... They also closed my account... Please help me
Exposure
2020-12-15
FX4565317152
United States
There are the frauds in the following photos. This broker is the same are PF and Capital Ltd, which are frauds. Cheat you under the guise of a successful man. I’m here to remind you to avoid being cheated
Exposure
2020-12-09
难得糊涂89372
Singapore
I can’t withdraw funds after paying commission and tax.... Please do not believe this broker... It’s a 100% fraud broker
Exposure
2020-12-09
难得糊涂89372
Singapore
I can't log in for several weeks. It is upgrading now... Please beware of it... My account is blocked by them... And the customer service is out of contact, so is the analyst
Exposure
2020-12-07
难得糊涂89372
Singapore
Please be careful... The two cheated me of commissions and taxes... Don't believe this platform
Exposure
2020-12-03
难得糊涂89372
Singapore
Please do not believe this fraud platform. Can't iwthdraw funds after profiting... And suspend my account and clear my account balance.
Exposure
2020-12-02
FX1070054362
Indonesia
My application for withdrawal has been processed for a week
Exposure
2020-11-24
kixx1004
South Korea
There is over 220,000 $ in my account but I can't withdraw.
Exposure
2020-11-24
FX4006277097
South Korea
The manager lied that fifty thousand dollars must be deposited to make a withdrawal.
Exposure
2020-11-23
Come Back
Thailand
Warning of the broker illegal, the first time he said I can invest any amount of money no have minimum but soon analyst tell me.I can'trade without 10,000usd ,I was wondering and asked to withdraw all my money,analysts told me to help withdraw tonight after trade ,in the end I didn't get my money back because them took me trade that night lost all money and them said I have debt-1777
Exposure
2020-09-27
FX6316928472
Singapore
At first, I invested $1000 in order to manage my fund. When I want to withdraw money, the customer service said I could withdraw 7% of my deposit after a week’s audit. And then when I want to withdraw some money, the customer service said I must invest $5000 in order to withdraw the money. How bad the platform is!
Exposure
2020-08-21
FX6316928472
Singapore
I'm unable to withdraw after nine-day auidit. I asked the customer service and they said I should add the fund to $5000 to wewithdraw.
Exposure
2020-08-20
FX1341143041
Netherlands
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!
Positive
2023-03-13