JB Drax Honore (UK) Ltd
Primary
GB
08137487
← Broker directory
2 entities
unverified
Broker profile
JB
JB Drax Honoré Review: Is It Legit and Regulated?
JB Drax Honore (UK) Ltd
GB
Since 2004
AKA Drax
FindMyFX score
high risk5.6/10
0
Score out of 10
10
Independent assessment
Updated 2026-08-01
Contact & regulation
- Official website
- jbdh.com
- Address
- 4th Floor, 20 Gresham Street, London EC2V 7JE, United Kingdom
- Contact
- Not verified
- Primary license
- FCA · Unverified
Missing values mean the information has not been verified or published yet—not that the broker does not provide it.
Quick verdict
Is JB Drax Honoré legit and regulated?
FindMyFX has license records for JB Drax Honoré, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.
This is a source-limited research summary, not a safety guarantee or investment recommendation.
Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.
Broker-provided company information
London-headquartered institutional agency broker offering OTC foreign exchange, listed currency derivatives and interest-rate products. Its execution-policy document identifies FCA reference number 585303.
Professional broker overview
FindMyFX editorial summary
JB Drax Honoré is an institutional agency broker offering spot FX, forwards, NDFs and vanilla and exotic currency options. JB Drax Honore (UK) Ltd is identified in its execution policy as FCA-authorised under reference 585303 and serves Professional Clients and Eligible Counterparties only. Public retail account terms, minimum deposits and standard FX spread figures are not applicable or were not disclosed in the reviewed material.
Prepared from reviewed sources for informational purposes. This is not investment advice.
Editorial note: The reviewed service is institutional and not offered to individual retail customers. Pricing is transaction-specific and no public standardized FX spread or commission schedule was identified.
- Operational status
- active
- Broker type
- unknown
- Execution model
- Agency execution using regulated venues, third-party brokers, market makers and liquidity providers, with FX trades cleared through prime brokers.
- Support hours
- Global execution coverage across all time zones
Support languages: English
Documented advantages
- The official product page specifies spot FX, forwards, NDFs and vanilla and exotic options.
- The execution policy identifies the FCA reference number and professional-client scope.
Documented limitations
- Services are limited to Professional Clients and Eligible Counterparties, not individual retail customers.
88%coverage
Published profile coverage
7 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.
Company structure
Legal entities
Registered companies associated with this broker profile.
JB Drax Honore, Inc
US
Registration not shown
Markets and instruments
Exotic FX options
unverified
FX forwards
unverified
Listed currency derivatives
unverified
Non-deliverable forwards
unverified
Spot FX
unverified
Vanilla FX options
unverified
Research sources
Licenses and regulators
FCA
585303
Last verified: Not shown
Type: Investment firm authorisation
Client class: professional
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
Jurisdiction-specific offerings
GB · professional
unverifiedEntity not linked · Leverage not shown
Compensation scheme not shown
Score components
Regulation and licenses
7.5/10 · 35%The company's execution policy gives the FCA reference, legal name, company number and regulated client scope.
Security and track record
5.0/10 · 20%FCA authorisation and the institutional execution framework are documented, but no complete enforcement-history review was performed.
Trading conditions
5.0/10 · 15%The FX product set and execution model are detailed, but standardized public pricing is absent.
Company transparency
7.5/10 · 10%Legal name, company number, FCA reference, address, client classification and products are published.
Service quality
5.0/10 · 10%Global execution coverage is described, but no verified service-quality dataset or public support metrics were reviewed.
Verified user reviews
0.0/10 · 10%No inspectable verified user-review dataset was identified in the official or regulatory sources reviewed.
Profile update history
Broker profile was published.
2026-08-01
Related regulated broker profiles
These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.