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    fake shd

    • Hong Kong Hong Kong
    • 1-2 years
    • Suspicious Regulatory License
    • Non MT4/5 Software
    • Suspicious Scope of Business
    • High potential risk
    Open Account
    WikiFX Score
    • 85239703573
    • info@starhonordevelopment.com
    • --
    • --
    • Room 2302, New World Tower 1, 18 Queen's Road Central, Hong Kong Island

    No valid regulatory information

    Please be aware of the risk!

    VPS Standard

    No restriction on the broker account. Provide service support by WikiFX

    • Single Core

    • 1G

    • 40G

    Get it for free
    Warning: Low score, please stay away! 1

    It has been verified that this broker currently has no valid regulatory, please be aware of the risk!

    Broker Information
    • Company Name

      Starhonor Development Limited

    • Regulatory Status

      No Regulatory

    • Company Abbreviation

      fake shd

    • Country/Region

      Hong Kong

    • Phone of the company


    • Company address

      Room 2302, New World Tower 1, 18 Queen's Road Central, Hong Kong Island

    • --
    Customer Service Email Address
    • info@starhonordevelopment.com

    fake shd

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    WikiFX·pyramid scheme complaint
    1  Know about pyramid scheme  >
    2  Pyramid scheme complaint   >
    3  Done
    1. What is pyramid scheme complaint?
    With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
    2. 10 Features of Pyramid Scheme
    High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
    Report immediately
    Report This Platform
    fake shd
    * Contact number
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    *Reporting Reasons

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    You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'


    fake shd · Company summary

      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.


      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.

    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.