HonestCapital Review
86
Review
Fast Facts
Contact Info and Support
Traffic information
| Category | Metrics | Meaning |
|---|---|---|
| Ratings | Global Rank | - |
| Country Code | - | |
| Country Rank | - | |
| Category Rank | - | |
| Engagement metrics | Visits | 0 |
| Bounce Rate | 0 | |
| Pageviews per Visit | 0 | |
| Avg. Visit Duration | 0 | |
| Estimated monthly visits | July 2025 | 0 |
| August 2025 | 0 | |
| September 2025 | 0 | |
| Traffic sources | Social | - |
| Paid Referrals | - | |
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| Referrals | - | |
| Search | - | |
| Direct | - |
About HonestCapital
HonestCapital operates under the name of Coconors and Partners LLC, registered in Saint Vincent and the Grenadines (registration number 1750 LLC 2022). The Saint Vincent and the Grenadines Financial Services Authority does not regulate forex or CFD brokers and does not grant licenses for providing financial services (). HonestCapital has not obtained regulation from any recognized financial authority.
The Italian regulator CONSOB issued a warning on December 1, 2022, stating that HonestCapital was not authorized to provide financial services in Italy ().
No official documentation confirms the existence of trading platforms such as MT4 or MT5; instead, clients reportedly access a basic web-based trading platform (). The minimum deposit requirement is reported as USD 250, with maximum leverage up to 1:100 and spreads around 3 pips ().
Pros and cons
Pros
- None confirmed
Cons
- Unregulated entity without oversight or investor protection
- Subject of an official CONSOB warning for unauthorized operation in Italy
- Use of an unverified web trading platform (no access to standard MT4/MT5)
- High minimum deposit (USD 250), high spreads (~3 pips), high leverage (1:100)
- Potential use of cryptocurrencies for deposits, increasing irreversibility and risk
The web domain used by the broker is honestcapital.pro.
Regulatory sources:
Company registration and regulatory context:
