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Honch International -

Score

1.51 /10
Danger

Honch International

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

http://www.honchlimited.com/en/index.html

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Comparison

Quantity 15

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.97

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

open now

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

Expose

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2025-01-07
  • 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

Exposure

15 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Unable to withdraw. No response

My application for withdrawal has been processed for a week

2020-11-24 19:16
Scam

Expose a fraud

Please be careful... The two cheated me of commissions and taxes... Don't believe this platform

2020-12-03 17:42
Resolved

Unable to withdraw

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.

2020-08-20 19:45
Scam

Induced investment

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.

2020-12-23 14:59
Unable to Withdraw

Unable to withdraw

There is over 220,000 $ in my account but I can't withdraw.

2020-11-24 11:14
Others

Fraud platform honch international limited

It’s said it is in maintenance... but it has been over a month... And today the web is disabled

2020-12-30 20:22
Scam

Fraud platform Honch international limited

Please do not believe this fraud platform. Can't iwthdraw funds after profiting... And suspend my account and clear my account balance.

2020-12-02 02:23
Unable to Withdraw

Unable to withdraw. Fraud.

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!

2020-08-21 08:41
Unable to Withdraw

Fraud platform

Can’t withdraw funds... They also closed my account... Please help me

2020-12-15 15:30
Unable to Withdraw

Fraud Honch International

I can’t withdraw funds after paying commission and tax.... Please do not believe this broker... It’s a 100% fraud broker

2020-12-09 02:41
Others

Fraud platform, Honch International

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

2020-12-07 20:48
Scam

Warning of the broker illegalI

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

2020-09-27 22:36
Unable to Withdraw

The manager lied that fifty thousand dollars must be deposited to make a withdrawal.

The manager lied that fifty thousand dollars must be deposited to make a withdrawal.

2020-11-23 20:14
Scam

Beware of these two frauds

They cheated me of commissions and taxes. But they don't admit now. I heared they are cheating others with other platform now

2020-12-21 14:59
Scam

Induced fraud

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

2020-12-09 17:38
    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

    Write a review

    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!
    Translate to English
    2023-03-13 13:34
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