Read this SHD review, and share it with your loved ones to save them from scams and scam brokers.

Broker Name – SHD

Broker Website –

Headquarters or Area of Operation – Hong Kong

Warnings – Not Recommended By Review Website Like Scam Victims Help

SHD Review: Introduction

SHD is an online trading broker owned by Starhonor Development Limited. It is located in Hong Kong, and the company website is found at, but it is currently not in use. They do not provide information about their regulated license on their website and are suspiciously involved in online scam activities. They can be contacted by email at and by phone at +852 3756 0195. Read a complete SHD review to learn more about this broker.

SHD Review: Regulated License

Checking the regulated license of a broker is important if you are searching for a trading platform because an unregulated broker makes false claims on their website. They pretend to be legit, but the reality is different from their claims. A regulated license shows whether a broker is legit or not for providing the trading services in their country. If the broker doesn’t have a regulated license from an authorized authority, that means they may be a scam broker. Please visit the regulator’s site to check the broker-regulated license before investing money in an online trading platform; otherwise, scam brokers steal all your hard-earned money. Also, check the Forex scams or Cryptocurrency scams list to avoid the scams.

How does the SHD scam work?

If you are a new or inexperienced user of a trading platform, means you are an easy target for scammers/fraudsters. Scammers can reach you through many mediums like online ads, social media, phone calls, or email. Scammers can convince you to invest with them by asking for a small amount of money. If once you invest money with them, they ask for more amounts again and again for trading. But when you want to withdraw your money, scam brokers delay your withdrawal process, and after some time, they block your phone number or steal all the money from your account. Then you realize that you are a victim of a scam broker and lost money with a scam broker.

We advise you to always check the broker’s regulated license on the regulator’s site before investing money with them, otherwise, you will fall into a Cryptocurrency scam, Forex scam, Investment scam, a Romance scam, Gift Card scam, or other online scams. 

SHD – Customer review

We find that SHD got negative customer reviews and ratings on other sites. With this review and after reading all the negative and positive SHD reviews, Scam Victims Help found that this broker may not be legit and might be a potential scam broker. Hence we included this broker in our list of scam brokers 2022. To avoid these scams, it’s better to not invest money with this broker.

SHD Review: Conclusion

Scam Victims Help community finds that SHD is a suspicious clone and unregulated broker due to its involvement in scam activities. If you are a victim of SHD broker or Cryptocurrency scams, forex scams, or any other scams, file a chargeback for fund recovery. Fill out a complaint form on our website. Our experts will provide you free consultation, and we will guide you in the process of fund recovery.

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