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SHD -

No Regulation

Score

1.40 /10

Danger

SHD

Item: SHD
Rating: 1.40

Hong Kong

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://en.starhonorasia.com

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Comparison

Quantity 41

Exposure

Open Account

Website

Score

Regulatory Index0.00

Business Index6.16

Risk Management Index0.00

Software Index4.00

License Index0.00

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

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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

More

Company Name

Starhonor Development Limited.

Company Abbreviation

SHD

Platform registered country and region

Hong Kong

Company website

https://en.starhonorasia.com

Company summary

Pyramid scheme complaint

Expose

SHD · Company summary

General Information

Established in 2000, Starhonor Development Limited is an online forex broker registered in Australia. This company opend its US branch in 2009 to provide brokerage services to clients. And in 2015, its business coverage expand to Shanghai, China. In 2019, Starhonor Development Limited developed an online trading platform, and in 2020, its Hong Kong office was set up.

Starhonor Development Limited offers its clients access to the worlds most trading platform-MT4, Starhonor Development Limited offers leverage up to 1:400, as well as 24x7 customer support.

Regulatory Details

Starhonor Development Limited is authorized by Australia Securities and Investment Commission (ASIC), with Regulatory License No. 001293841.

Market Instruments

An array of trading instruments including foreign exchange, precious metals (gold and silver) are available through the brokerage platform.

Account Types

Traders who want to invest with are given the choice between Individual and Corporate accounts. To open an account, you need to fill out information listed below, and wait for their Starhonor Development Limited approval.

Spreads

Starhonor Development Limited listed its spreads on spot gold and spot silver, with spot gold $0.50 per ounce, spot silver $0.50 per ounce. While spreads on other instruments are not disclosed.

Trading Platform Available

Starhonor Development Limited offers its clients access to the leading trading platform-MetaTrader 5. The MetaTrader5 platform is suitable for your skill level and trading approach, regardless of whether you are an experienced trader or just starting out. The platform provides users with sophisticated tools for technical analysis, automatic trading capabilities (EAs), and mobile applications, all of which are utilized by millions of traders all over the world. Traders are also able to examine their orders, trades, account details, and keep up to date with the most recent market circumstances thanks to the intuitive user interface that is provided by the platform.

Trading Tools & Resources

Aside from trading tools, Starhonor Development Limited also offers a series of trading tools and resources including Foreign Information, Trend Predication, Economic Calendar and Financial News to help its client go deeper in the forex market.

Deposit & Withdrawal

Starhonor Development Limited allow its clients to make a deposit and withdraw through Bank Transfer and a series of e-wallet processors. However, more information on service fees and processing time are not disclosed everywhere.

Customer Support

Starhonor Development Limited promises that it offers clients with any trading-related issues access to its 24 x 7 online customer care through the following channels:

Telephone: 0085237560195

Email: info@starhonorasia.com

Trading Hours

Trading hours: Every Monday from 8:00 am to Saturday 4:00 am.

Typically, after 20:30 on each trading day, it is mostly during the release of US economic data. The market volatility is the largest, followed by 15:00 and 00:00 are also relatively active trading hours.

Please note that Tuesday to Friday from 4:00 to 4:20 am is the settlement time, and Saturday from 03:00 (summer day) to 04:00 (winter day), trading closed.

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Warning: Low score, please stay away! 3

Previous Detection : 2024-09-23

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 40 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Overview

Biz Area

WikiFX Survey

Website

MT4/5

Genealogy

Clones

Keywords

Account

Time Machine

Exposure

41 pieces of exposure in total

Pyramid scheme complaint

Expose

Unable to Withdraw

Fraud platform SHD

Fraud platform SHD is unable to withdraw

2022-09-17 17:44

Unable to Withdraw

It is another week, when will I be able to withdraw!

Damn SHD.... Refused to withdraw money, no one answers! Let's push it to the first place on the fraud platform together! Pay me back USD118,896.56 …

2022-08-29 14:55

Unable to Withdraw

Exposure

Don't invest in this company; it is a fraud. When I tried to withdraw money from my account after making a sizable investment with them, they deleted all of their contact details. Spending money with this company is a waste. This is a serious scam because you never get your initial deposit back and you lose money thinking you are making money.

2022-09-01 05:14

Unable to Withdraw

An investment company to avoid

Typical scheme and unregulated platform, you can't withdraw your money and can't contact them anymore because they have refused to answer but they decide to bombard me with calls to invest more money when i already had 66k i couldn't withdraw from their platform A recent Finrecoup. org recovery action exposed the activities of SHD & caused my investment to be returned giving a clear opportunity to stay clear of the phantom scheme company that is SHD

2022-09-02 00:53

Unable to Withdraw

Platform is disappeared and cannot be accessed. What should I do now?

2022-08-31 07:44

Unable to Withdraw

The platform disappears, beware of repeating the old trick

Beware of Dataage's fake head group and SHD. They are re-fraud, cold-blooded and professional. On August 30th, SHD promised to withdraw money, and the platform disappeared that day.

2022-09-10 16:03

Unable to Withdraw

EVERY ONE SHOULD BE CAREFUL

SHD never allow withdrawals to happen and this happened to me. I invested funds with SHD, I was making profits from trades and when you apply for a small withdrawal of $100, they allow just to make it seem like the system is working whereas it is all a lie. when it was time for a big withdrawal , i was denied and asked to pay a tax fee, isn't that ridiculous?

2022-09-05 17:13

Unable to Withdraw

Scammers

won't be silent while these people continue to murder others. After everything started meeting a Chinese lady online who played with my feelings and encouraged me to invest with SHD . I agreed to it and they took my $89,000 investment, but they lied that they never got it. It wasn't until the Austrac/ org intervention that this scam was stopped and investment was returned. Utilize caution With this fake broker SHD they aren’t what we think they are nothing but fraud

2022-08-29 15:41

Unable to Withdraw

It is strongly recommended to seek ASIC accountability

I can't withdraw, I really don't understand why ASIC would be willing to issue a license to SHD

2022-09-01 19:12

Unable to Withdraw

Difficulty in withdrawing

They induced me to recharge the account with new deposit and led me to make profit, last month they notified me that a handling fee was required to continue so i asked to withdraw instead but they blocked my account.

2022-09-02 23:35

Unable to Withdraw

Scam! Data Age + Wang Shouren + SHD platform

The teaching assistant Felix Xu Ziling could not be contacted for the past two days, and the SHD platform could not be accessed! I tried to contact Wang Shouren, Zhou Junyan, Li Zian, teaching assistants, Miss Lin Baoyi and others through Line, but I couldn't find them all! I can't find any way to withdraw the money! Please return the money as soon as possible! Those are all my hard-earned and hard-earned money ah!

2022-08-31 21:56

Unable to Withdraw

Analysts who claim to be good, analyze the market for free, gain trust, and induce investment in virtual currency on the premise of capital increase, without paying any money

Wang Shouren, Zhang Feng, Li Zian, Zhou Junyan, Teaching Assistant Xu Ziling, SHD Account Opening Commissioner Lin Baoyi (I don’t know if the above is faked and impersonated people with good intentions, free analysis and reading, after gaining trust, on the premise of capital increase, induce investment in virtual currency, after a small profit , in order to make you trust the small amount of gold withdrawals behind the scenes, induce copying, make them lose money, and ask you to borrow money to deposit money under the guise of asking for money After delaying and delaying the disappearance, 111.8.31 has all escaped and cannot be contacted, and changed its name to 'Yongfeng Foreign Exchange Co., Ltd.' on SHD

2022-09-01 17:09

Others

officially done

SHD has shut down the platform and can't even access to the website. Now there is no way to ask for help...

2022-08-30 17:39

Unable to Withdraw

SHD disgraceful behavior, disappear with my money!

After investigation by Hong Kong police, it was found that SHD it was established through the onestart secretary company in Hong Kong, and the person in charge is a Taiwanese. SHD defrauding investment through online teaching.

2023-07-12 19:23

Unable to Withdraw

unable to

this firm will cooperate with you when you want to withdraw your money, and everything will seem to be going well. All of your money will be stolen, Do not believe. Furthermore, interference with the AssetsClaimBack advisory rendered investments untouchable highly unprofessional i doubt they are in hobbling where they claim to be . Never trust anyone, especially if they guarantee you the highest possible profit it’s likely a scam

2022-09-02 14:48

Unable to Withdraw

scam exposure

In March I was given the opportunity to join the field of private investigation with Assetsclaimback Advisory I may have lost all of my money, thus using SHD finance was a foolish waste of time. Up until they revealed to me how dishonest they are, I honestly thought they were a reliable company, before I could properly take my money back from my account, which totalled over $79,000 did a lot of investigation . Do not even think of giving them any of your hard-earned money. Thos scammers keep requesting payment after payment to process my withdrawal requests, and each time i make a payment, they will come up with a new reason why i should pay mlre money. They have no empathy while continuing scamming innocent victims.

2022-09-01 23:52

SHD · Company summary

General Information

Established in 2000, Starhonor Development Limited is an online forex broker registered in Australia. This company opend its US branch in 2009 to provide brokerage services to clients. And in 2015, its business coverage expand to Shanghai, China. In 2019, Starhonor Development Limited developed an online trading platform, and in 2020, its Hong Kong office was set up.

Starhonor Development Limited offers its clients access to the worlds most trading platform-MT4, Starhonor Development Limited offers leverage up to 1:400, as well as 24x7 customer support.

Regulatory Details

Starhonor Development Limited is authorized by Australia Securities and Investment Commission (ASIC), with Regulatory License No. 001293841.

Market Instruments

An array of trading instruments including foreign exchange, precious metals (gold and silver) are available through the brokerage platform.

Account Types

Traders who want to invest with are given the choice between Individual and Corporate accounts. To open an account, you need to fill out information listed below, and wait for their Starhonor Development Limited approval.

Spreads

Starhonor Development Limited listed its spreads on spot gold and spot silver, with spot gold $0.50 per ounce, spot silver $0.50 per ounce. While spreads on other instruments are not disclosed.

Trading Platform Available

Starhonor Development Limited offers its clients access to the leading trading platform-MetaTrader 5. The MetaTrader5 platform is suitable for your skill level and trading approach, regardless of whether you are an experienced trader or just starting out. The platform provides users with sophisticated tools for technical analysis, automatic trading capabilities (EAs), and mobile applications, all of which are utilized by millions of traders all over the world. Traders are also able to examine their orders, trades, account details, and keep up to date with the most recent market circumstances thanks to the intuitive user interface that is provided by the platform.

Trading Tools & Resources

Aside from trading tools, Starhonor Development Limited also offers a series of trading tools and resources including Foreign Information, Trend Predication, Economic Calendar and Financial News to help its client go deeper in the forex market.

Deposit & Withdrawal

Starhonor Development Limited allow its clients to make a deposit and withdraw through Bank Transfer and a series of e-wallet processors. However, more information on service fees and processing time are not disclosed everywhere.

Customer Support

Starhonor Development Limited promises that it offers clients with any trading-related issues access to its 24 x 7 online customer care through the following channels:

Telephone: 0085237560195

Email: info@starhonorasia.com

Trading Hours

Trading hours: Every Monday from 8:00 am to Saturday 4:00 am.

Typically, after 20:30 on each trading day, it is mostly during the release of US economic data. The market volatility is the largest, followed by 15:00 and 00:00 are also relatively active trading hours.

Please note that Tuesday to Friday from 4:00 to 4:20 am is the settlement time, and Saturday from 03:00 (summer day) to 04:00 (winter day), trading closed.