HonestCapital Review : Fees, Pros and Cons, Reviews by Real Traders

HonestCapital

Operating status: SCAM

Website: https://honestcapital.pro/

Broker violations and abnormal records

Nov 30, 2022 The Italy CONSOB Added HonestCapital into Its Warnings
On 1 Dec 2022, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that HonestCapital was not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob/dettaglio-news/-/asset_publisher/hZ774IBO5XPe/content/press-release-of-1-december-2022/718268

On 1 Dec 2022, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that HonestCapital was not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob/dettaglio-news/-/asset_publisher/hZ774IBO5XPe/content/press-release-of-1-december-2022/718268
Dec 05, 2022 BrokersView has Reviewed that HonestCapital is an Unregulated Forex Broker
HonestCapital claims to be owned by Coconors and Partners LLC, a company registered in Saint Vincent and the Grenadines, No. 1750 LLC 2022. We searched Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) and found the company. However, SVG FSA is not a forex regulator. It does not regulate forex brokers or issue forex licenses. Having registration or not, therefore, does not mean being authorized to provide financial services.
Moreover, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that HonestCapital was not authorized to provide financial services in Italy.
The truth is that HonestCapital is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

HonestCapital claims to be owned by Coconors and Partners LLC, a company registered in Saint Vincent and the Grenadines, No. 1750 LLC 2022. We searched Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) and found the company. However, SVG FSA is not a forex regulator. It does not regulate forex brokers or issue forex licenses. Having registration or not, therefore, does not mean being authorized to provide financial services. Moreover, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that HonestCapital was not authorized to provide financial services in Italy. The truth is that HonestCapital is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

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