No valid regulatory information
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No restriction on the broker account. Provide service support by WikiFX
It has been verified that this broker currently has no valid regulatory, please be aware of the risk!
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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.
Per this brokers website, onlycurrency pairs and some CFD products are available on SHD website.
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.
The SHD customer support can be reached through telephone: 852-39703573, email: email@example.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.
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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.