Honch International Limited
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 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 |
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