SHD-Overview of Minimum Deposit, Spreads & Leverage

General Information & Regulation

Star Honor development (“SHD”) limited was established in Australia in 2000, and in 2009, it opened its US branch to provide brokerage service to its clients. In 2015, it expanded to Shanghai, China, and in 2019, it developed an online trading platform to provide services to its retail clients. In 2020, it added a Hong Kong Office.

Market Instruments

Per this brokers website, onlycurrency pairs and some CFD products are available on SHD website.

Minimum Deposit

In terms of minimum deposit requirement, SHD does not make this part clear. In most cases, most brokers ask their traders to fund around $100 into their accounts.

Leverage

No trading leverage information is provided. Since leverage can magnify gains as well as losses, it is essential that traders learn how to manage risks before using it.

Spreads & Commissions

When it comes to spreads and commissions, SHD does not make this part clear.

Trading Platform Available

SHD provides its traders with the MT5 trading platform, available in Windows, IOS, Android devices. MT5 is the most popular trading software for retail clients and the most widely used online trading platform in the currency sector. MT5 integrates the worlds leading STP bridging technology to deliver client orders directly to the international currency market using anonymous methods and delivers an exceptional experience with outstanding execution. With the ability to set accurate stop-loss settings, access to news, trade reports, data analysis, and more, MT5 is the preferred choice of most traders.

Deposit & Withdrawal

SHD support payment methods depending on traders from various countries. For example, for traders from China, they can fund their accounts through Alipay or VIP zone.

Customer Support

The SHD customer support can be reached through telephone: 852-39703573, email: info@starhonorasia.com. SHD Address: Room 2302, New World Tower 1, 18 Queen's Road Central, Hong Kong Island. Office Hour: Monday to Friday 10.am-7:00pm.