HonorFX – Overview
Multi-regulated offshore broker HonorFX offers over 165 trading instruments across 5 assets classes including currency trading, equity indices, energies, precious metals and CFDs, via 4 different account types.
HonorFX is a brand name of Honor Capital Markets Limited. Founded in 2018, the company is under double supervision – Malaysia FSC under license number GB20025826 and Labuan LFSA under license number MB/21/0072.
Clientele Feedback
HonorFX follows unethical practices and makes people suffer losses.
Some clients of HonorFX have consistently reported the broker's malpractices on various digital and social media platforms like WikiFX.
An investor named Pham Thi Lan, has been traded with honorfx (Honorfx.com) for 3 months. At first everything was be fine. But things happened later. He tried to withdraw his money of 17,600 usd on 24- June. But his withdraw was be rejected without any reason. After that he tried serveral times to withdraw but it was all be rejected. And he cannot even contact with the customer service.
Here are also some screenshots – his trading history:
Another client – Trang from VietNam deposited about 2817 USD to his account and the transaction was successful and money has been deducted from his E-wallet Account. But he came back to check his Honor FX account and just found the company had rejected his Order without any reason and did not refund his money. When he tried to contact the service, the reply was still nothing helping.
The above images show that the company's objective is not to facilitate traders but to take money out of their pockets.
Always be careful when dealing with regulated brokers who have bad reputations, especially revolves in money issues. To see more regulated broker with good reviews, you can check on WikiFX.com
