HonestCapital positions itself as an innovative broker that is ready to help everyone get closer to financial independence. The office guarantees access to a modern trading platform, talks about transparent conditions and responsive support. These comrades do not forget to mention compliance with all international standards. However, a few simple checks quickly reveal the true nature of this dubious service. But first things first.
Honest Capital. General information
Broker's main website:
honestcapital.pro
Get instructions on how to withdraw funds
Whois score:
Domain Age
Site analysis
The fact that serious brokerage companies consider their web resources an important asset and never save on them is a well-known fact. However, for some reason, HonestCapital does not think so. Their official website is a prime example of using a cheap template. Add to this mediocre design, hackneyed marketing phrases, and it immediately becomes clear that the creators of this vague site do not count on the long term. Our words are confirmed by a specialized service, with the help of which we tried to find out the cost of the platform in question. However, due to the poor quality of performance and minimal indexing by search engines, he failed to evaluate this offspring for more than 0 rubles.
Site rating
All the information presented on the site is real water, in which there is practically no use. The entire site is strewn with calls for registration, descriptions of non-existent benefits and unfulfilled promises. It is not clear how, but this colorful noodles should assure the clients of this office of its reliability.
Expertise of legal information, HonestCapital licenses
HonestCapital does not talk much about the history of its appearance, there is not a single exact date on the site. But there are simply stunning statistics that tell about millions of daily turnovers and hundreds of thousands of customers from all over the world. To achieve such results, the most famous and advanced brokers took more than a dozen years. However, the hero of today's review does not look like an experienced organization, and there is practically no information about him on the Internet (if you do not take into account a bunch of negative reviews). Therefore, we checked the HonestCapital platform using the Whois service (screenshot at the beginning of the article). In general, as expected, all these “statistics” are the most common fraudulent trick, since the real date of the company’s appearance is 05/03/2022.
In terms of organization contact details, Responsive Help Desk provides only a message form and two emails to contact. Also in the corresponding section, the registration address of this sharashka office is indicated. Not only does it lead to the well-known offshore zone of Saint Vincent and the Grenadines, it is also actively used by a large number of other "pseudo-brokers". In our reviews on binarybets.ru, we analyzed several dozen projects with identical locations. What can I say, just type the address indicated on the site into the search bar and you will see everything for yourself.
Search by address
HonestCapital does not provide any legal information about its activities: no licenses, no certificates, no registration. At the end of each page of their web resource, you can see a message stating that the platform belongs to the Coconors and Partners group of companies. We were not too lazy and found information about this organization, which is a resident of the UK. But she is developing various software and has nothing to do with both brokerage and the hero of our review.
Registration
Judging by the fact that the HonestCapital website supports work in Russian, these comrades are trying to provide their services on the territory of the Russian Federation. To do this, they simply must have permission from the Central Bank. But the trouble is, our friends don't have it. But the domestic regulator did not deprive them of attention, adding them to their black lists.
Registers of the Central Bank of the Russian Federation
The apogee of this whole comedy called HonestCapital is the user agreement of this “sharashka office”. Reading this filkin letter from and to simply does not make sense. It is enough to pay attention to one interesting point with a very informative title - "disclaimer". It is written in black and white that no one except him is going to be responsible for any losses on the part of the client.
Agreement
Features of the work of HonestCapital. Tools and conditions for traders
HonestCapital offers trading in stocks, indices, commodities and currency pairs using a wide range of different financial instruments. For convenient work on the broker's platform, ready-made tariff plans are immediately provided.
- Investments from $250: standard conditions, suitable for inexperienced traders, technical support services, 1:10 leverage, negative balance protection.
- Starting capital is $1,000: minimum spreads, extended list of assets.
- $2,500 entry threshold: 1:50 leverage, previous account features.
- Deposit from 5 thousand dollars: access to all types of assets, leverage 1:100, personal manager services.
Tariffs
Traders are also offered to participate in an affiliate program. That's just how it will be necessary to invite referrals and what remuneration is provided for this is not specified.
To replenish the account, the use of Maestro, Mastercard, Visa payment systems and bank transfers is available. Commissions and other fees are also not disclosed for some reason. There is no minimum withdrawal amount set.
Real customer reviews HonestCapital
In just a couple of months of work, HonestCapital managed to collect a lot of feedback and comments on various platforms. Almost all of them are negative. Users with all the stylistic diversity inherent in the Russian language, let's say, scold our hero. Most reviews are life stories about wasted time and money. What can I say, good job guys.
Reviews
If you have become victims of HonestCapital scams, leave comments under this article. Perhaps it is your review that will save someone from losing money.
HonestCapital User Fraud Scheme
HonestCapital did not invent the wheel and decided to use the most common scheme for “scam brokers”. The whole principle of its work is built on their trading terminal. It is clear that without all licenses and permits, it cannot have access to real markets. In fact, their platform is a game or simulation in which all operations are under the complete control of scammers and work depending on the prescribed commands. That is, crooks drain the deposits of their clients with a few keystrokes.
But that's not all. In the footer of the site of these crooks, you can see windows with links to download such interesting software as TeamViewer and AnyDesk. These are remote access programs that scammers offer to install supposedly to help you set up the terminal and learn. In fact, they climb into the computer of their victim, steal her personal and payment data.
Results
HonestCapital is a new "scam" that has nothing to do with brokerage. Sharaga with a low-grade website illegally provides financial services. These comrades have neither licenses nor registration. In all their work, they maintain complete anonymity. With the presented project, you will not earn anything but problems.
If you have become a victim of HonestCapital or other black brokers and want to get your investment back, leave your mail in the form at the beginning of the article. We will send you a step-by-step, illustrated plan of action to take.
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