Score

1.36 /10
Danger

HONESTUM

Hong Kong

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index5.85

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
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

open now

Regulatory disclosure

Warning

HK SFC
2022-11-02

Check whenever you want

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Warning: Low score, please stay away!
Previous Detection : 2025-01-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

HONESTUM · Company summary

Note: HONESTUM's official website: https://honestumhk.com/en/ is normally inaccessible.

HONESTUM Information

HONESTUM is an unregulated brokerage company registered in Hong Kong. While the broker's official website has been closed, so traders cannot obtain more security information.

HONESTUM Information

Is HONESTUM Legit?

HONESTUM is not regulated, although it claims was regulated by the FCA and SCB. This will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.

Is HONESTUM Legit?

After a Whois query, we found that this company's domain name is for sale, which shows that it has not registered it securely.

Is HONESTUM Legit?

Downsides of HONESTUM

  • Unavailable Website

HONESTUM's website is inaccessible, raising concerns about its reliability and accessibility.

  • Lack of Transparency

Since HONESTUM does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.

  • Regulatory Concerns

The unregulated HONESTUM is less safe than a regulated one.

Conclusion

HONESTUM Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status and unregistered domain name indicate the broker's trading risks are high. It is advisable to choose regulated brokers with transparent operationsto ensure the safety of your investments and compliance with legal standards. Traders can learn more about other brokers through WikiFX. Information improves transaction security.

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Daver
more than one year
After about a month's work, compared with other platforms, this one is the most reliable, with objective profit and friendly customer service
After about a month's work, compared with other platforms, this one is the most reliable, with objective profit and friendly customer service
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2022-12-29 10:44
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