HONESTUM Spreads, leverage, minimum deposit Revealed

　　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.

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.

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

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.