Matthew Chandler 30 / May / 22

Honest Capital Scam, reviews review. Scam, cheating users.

From time to time there are firms selling intermediary services in the Forex financial market. To help traders understand who they can trust, we have prepared a review of Honest Capital, which offers services in the UK.

Our employees have read the official website, information from available sources of information. official website - overview - a standard site with a minimum amount of information. The visitor is immediately offered to get acquainted with the tariff plan, register a personal account and “trade on Forex”.

Contact information - phone number and specified address.

Lack of information about work experience, existing contracts and certified documents, ways of cooperation with the user.

In addition, for the review, we checked the domain name data. It turned out that the domain name was registered for less than thirty days.

More data can be read only by registering.

Therefore, it can be firmly asserted that very little information has been published on the official website, which accordingly creates doubts.

Honest-Capital-domain overview - brand's legal address

After analyzing the specified address, written on the website, we found many publications about illegal transactions related to fraud in the Forex financial market.

Our experts did not find any facts indicating that an official company is registered at the official address on

Another concern is that the indicated address of Honest Capital is not located in the UK, where the organization offers its services, but in another country.

Honest Capital Review - Phone Number

After analyzing the phone number, our employees revealed information about its use in shady activities. Previously, the phone number was also used by scammers trying to pose as Forex brokers.

Honest Capital review - reviews

Another component of the review is the analysis of mentions on the Internet. On the website, our experts found a small number of formulaic, paid reviews with fake faces and non-existent names.

In the search engines, the results showed our experts a lot of negative mentions and reviews of

Most often, people mention the inability to return finances, the strange operation of programs, the impolite behavior of employees.

Accordingly, judging by the mentions on the Internet, Honest Capital are scammers.

Gifts for creating an account from

Usually, start-up Forex companies give newly registered traders bonuses for registering an account. Usually these are various pleasing little things, namely, consultations of analytics specialists. And yet, on the Honest Capital website and in advertising, our experts revealed information about gifts in the amount of the first deposit. You must be aware that these are the funds that an Internet broker gives people to work on the Forex financial market, and not some tokens that do not go beyond the system.

This is very suspicious because with such gifts, the time of receiving income from people is delayed, at a tangible cost.

In principle, we can conclude that the reason is the unusual kindness of Honest Capital, but in fact everything is much simpler. Money is not withdrawn outside the system, since all the work of Honest Capital is a scam.

Account types for Honest Capital

You can find several types of accounts on, which differ not only in trading rules, but also in the size of initial deposits. This is a common technique for pushing traders to make significant investments, to sign up for a more expensive type of account.

Traders can be offered personal assistance from experts, break-even trades, access to exclusive information. However, this is all a lie, used only to pull out contributions.

You need to understand that no matter how much investment you invest, they will go to scammers, since are scammers.


Leverage is a standard trading tool on the Forex financial market, which allows you to trade for an amount much larger than the client has. The missing investments are taken on credit from an Internet broker. Brands that provide their traders with the opportunity to trade with high leverage take a serious risk, because of this they only allow this option to experienced traders. But Honest Capital are criminals, so they use leverage to drive their traders into the red and demand payment of fake debt.

Time to refund

People start working in the Forex market to make a profit. Of course, this is impossible without the withdrawal of money. Accordingly, the question arises: "does Honest Capital have a deadline for receiving funds"? On the website, our employees found information that the receipt of investments is carried out in an instant and without commissions. In fact, such working conditions are not always given even by large, registered brokers. What's the catch?

The fact is that Honest Capital are scammers and are not going to provide users with the opportunity to withdraw money. Therefore, they are ready to offer the best working conditions. But all their suggestions are empty words.

Reviews predate

As our experts have previously reported, the Honest Capital website has been in existence for less than thirty days. However, on popular sites, you can find references that are two months old.

Most likely, before the start of the scam, Honest Capital specialists ordered custom mentions on well-known resources so that customers would get the impression that the company had existed for many months.

Examples of mentions:

Honest Capital Review - demo period

The website does not have test access to software that gives you an idea of the level of services.

Honest Capital managers want the client to quickly transfer personal data to them and transfer at least the minimum payment.

Honest Capital review - withdrawal

Theoretically, the withdrawal of the user's finances occurs using a form on the website. It is alarming that any visitor can use it, without an account. Therefore, the appeal will be studied manually, which is unrealistic with a serious number of traders.

We came to the conclusion that this form was created only to demonstrate to potential victims that it is possible to withdraw investments, but in practice this is not the case.

For your peace of mind, we have compiled a complete list of unscrupulous brokers.


Matthew Chandler
Matthew Chandler
Matthew Chandler 33 years old Born in Edinburgh. Married with one child. Graduate University of Cambridge, Psychology course 2011. Works at Acclaim Studios London.

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