Tag: Indresh Shah

Offshore Broker HonorFX Downgraded To Red Compliance!

Offshore Broker tamir - June 23, 2023

HonorFX is a Red-listed offshore broker operating through Honor Capital Markets Limited, registered in Malaysia, Mauritius, and St. Vincent & The Grenadines. EEA regulators have issued warnings against HonorFX as early as 2022. While HonorFX grew rapidly in 2022, website traffic has recently collapsed. Most recently, a website visit's average duration has only lasted a few seconds. Is HonorFX in trouble? Here is our updated review.

Be Careful! Unauthorized Offshore Broker HonorFX Solicits European Clients!

Offshore Broker Ben - January 4, 2023

HonorFX is an offshore broker operating through Honor Capital Markets Limited, registered in Malaysia, Mauritius, and St. Vincent & The Grenadines. Similarweb statistics show that HonorFX has grown rapidly in recent months, with more than 38,000 website visitors as of December 2022. More than 80% of them have come from India, and more than 7% from Cyprus. As a payment facilitator, we discovered Cyprus-based BrightCart. Stay away from unauthorized offshore brokers.

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