Not Regulated

Score

0 1 2 3 4 5 6 7 8 9

/10

HONEST

Egypt | 5-10 years |

Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

http://www.honest-eg.com/

Website

Time Machine

Rating Index

1.57

Influence

Influence Index NO.1

Egypt 2.55

Surpassed 15.70% brokers

Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+20 25190555

http://www.honest-eg.com/

Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!

2026-06-05

This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region

Egypt

Operating Period

5-10 years

Company Name

HONEST

Tamer.Mansour@honest-eg.com

Contact Number

+2025190555

Company Website

http://www.honest-eg.com/

Business Region

Verified Site

About Us

Wiki Q&A

Comment

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Details

Official Website

Verified Site

honest-eg.com
62.68.243.69
Server Location
Egypt
ICP Registration No.
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Top Visitor Locations
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Creation Date
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Website Name
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Company
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Review summary

HONEST is a forex brokerage that has been in operation for an estimated 5-10 years and is registered in Egypt. The entity holds no valid authoritative forex trading licenses, which places it outside established regulatory frameworks and creates a significant lack of investor protection. With a low overall WikiFX score of 1.57, the broker's operational profile indicates a high-risk proposition due to the absence of credible oversight. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-05-08)

Company Profile

5-10 years
Questionable Regulatory License
Suspicious Operational Region
High Potential Risk

Wiki Q&A

Is HONEST safe and reliable?

Based on its profile, HONEST exhibits a high-risk operational profile. According to WikiFX data, it has an overall score of 1.57 and holds no valid forex trading licenses from recognized authorities. The broker operates in a region with unclear regulatory oversight, which indicates a significant lack of credible oversight and investor protection mechanisms.

05-08

United States

Is HONEST regulated?

No, HONEST is not a regulated broker. The WikiFX assessment indicates that its regulatory status is 'Not Regulated,' and there are no valid authoritative forex licenses listed for this entity.

05-08

United States

What is the minimum deposit of HONEST?

Specific minimum deposit requirements for HONEST are not currently publicly disclosed.

05-08

United States

Does HONEST support MT4 or MT5?

HONEST's support for specific trading platforms like MetaTrader 4 or 5 is not explicitly listed. The broker receives a software index score of 4.0, suggesting platform services are a noted aspect of its operations, but details remain unspecified.

05-08

United States

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