⭐ HonorFX Journal
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HonorFX Profile
Website
Year
2018
Country
Mauritius
Branches
1
Regulation
FSC Mauritius
Registration
FSC Mauritius, LFSA Labuan, FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Canada, Iran, Japan, Mauritius, Myanmar, North Korea, US
Broker type
MM, ECN marketing
Dealing book
A+B Hybrid book
Execution model
DD + NDD
Licensed as
Principal
Operating as
Principal, Matched Principal
Tier
3
Execution speed
...
LPs total
...
LPs quality
Tier-1 Banks, Non-banks
LPs names
...
HonorFX Accounts
MM
ECN
Minimum Deposit
1000 $
10000 $
Leverage
500 : 1
200 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
1.5 pips
0.2 pips
Commission
0 $/lotRT
14 $/lotRT
Volume
5 lots
5 lots
Margin Call
50 %
50 %
Stop Out
30 %
30 %
Execution
Market
Market
Spread
floating
floating
Scalping
yes
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, FasaPay, Paytrust, Ecommpay, GBPay, Local Transfer Indonesia, Local Transfer Malaysia, Local Transfer Thailand, Local Transfer Vietnam, Local Transfer India
Base currency
USD
Segregated accounts
no
Interest on margin
no
Inactivity fee
none
| Update broker |
- Full listing profile: HonorFX broker profile
Is HonorFX safe?
- Investor protection: no
- Regulation: FSC Mauritius
- Registration: FSC Mauritius, LFSA Labuan, FSA SVG
- Publicly traded: no
- Segregated account: no
- Guaranteed Stop Loss: yes
- Negative Balance Protection: yes
Is HonorFX trusted?
- Information transparency: sufficient
★★★ - Customer service: prompt, helpful
★★★★★ - HonorFX website: semi-detailed, updated
★★★ - HonorFX popularity (by visitor count): average
★★★
How HonorFX works
When HONORFX decides to deal, we will carry out the trade by executing the order directly in the market ourselves.
The price feed streamed to Clients consists of liquidity from various bank and non-bank providers to ensure the Client has the best execution possible. We do not aggregate or allocate client orders when Straight Line Processing our trading flow to HONORFX’s liquidity providers.
It is HONORFX’s decision as to what markets to offer its clients and we will deal with you as principal and counterparty to each trade, providing you with two-way price quotes. As such, every market offered by HONORFX is quoted as a derivative of the underlying market and we are the only execution venue to which you have access through us.
https://honorfx.com/about-us/order-execution-policy
HonorFX provides true ECN connectivity, so our clients have direct access to other participants in equity and currency markets using best conditions for their trading experience.
https://honorfx.com/
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