About Hong Hui Binary
Background and Registration
Hong Hui Binary is a company listed as being registered in the United States, with a founding date of 19 July 2022. According to our records, the broker operates under the domain honhu16.com and has no regulatory licences on file.
Despite the US registration, the company description suggests operations may be based in China, raising questions about its jurisdictional transparency. The lack of verifiable public information makes it difficult to confirm the exact nature and scope of its business.
Regulatory Status
Hong Hui Binary is not regulated by any known financial authority. Our records show no licences from bodies such as the FCA, CySEC, ASIC, or any US regulator like the CFTC or NFA.
This absence of oversight means traders are not afforded standard investor protections, such as negative balance protection, compensation schemes, or dispute resolution mechanisms. The unregulated status is a significant risk factor, particularly for retail clients.
Known Facts and Limitations
The information available about Hong Hui Binary is extremely limited. The official website honhu16.com is described as inaccessible, further compounding concerns about the broker's transparency and operational reliability.
FXCanary's Scam Risk Score of 49/100 reflects a guarded assessment, indicating that the broker presents elevated risks due to its unregulated status and lack of publicly available operational history.
Overview compiled by FXCanary from regulatory records and public data. full Hong Hui Binary review