Hankotrade Review – What Do We Know About This Broker?

Rating
Broker status Offshore Broker
Regulated by FSA
Scammers Websites https://hankotrade.com/
Blacklisted as a Scam by No Info
Owned by Hankotrade LLC
Headquarters Country Saint Vincent and the Grenadines
Foundation year 2018
Supported Platforms MT4 and MT5
Minimum Deposit $10
Cryptocurrencies FX / CFDs / Cryptocurrencies / Commodities
Types of Assets Available – BTC, ETH, LTC
Maximum Leverage 1:500
Free Demo Account Yes

The Most Important Facts About Hankotrade

Hankotrade is a very controversial company. The broker exists and has been operating for more than 5 years, but is not licensed to provide services in America. The firm is registered in the Saint Vincent and the Grenadines, and regulated by the FSA (Seychelles) i.e. it is an offshore broker.

The company does not provide any useful legal information, cannot guarantee safety of deposits or fair dealing, but has enough positive reviews on various independent forex forums. Let’s examine what is the reason for such a proto-evidence.

Hankotrade

Choose only trustworthy and reliable brokers. You can read about the best ones in our article Best online brokers in 2023.

Hankotrade Regulation and Withdrawal

We must be careful when it comes to regulation and double-check whether the company’s claims are true. It is up to you whether you earn double or none. Withdrawing your money is a different matter. You may be having problems withdrawing money from a brokerage firm if you deal with a broker that is subject to offshore regulation.

Hankotrade broker has not been regulated by any well-known authority. There is no evidence that it is regulated. They do not have the same rules and regulations as the top-tier regulators such as the Financial Conduct Authority, the Australian Securities and Investment Commission, or the ASIC.

Have You Already Deposited Money? There Is a Solution!

Chargebacks are a way for your bank to reclaim funds from the merchant. We recommend that you contact us immediately to initiate the process. In a free consultation, we will discuss how to get your money back immediately!

Every day new scam brokers and trading bots appear on the web with only one goal – to steal your money. We have already exposed some of them, for example – LTD FX, Buoystocks, Financial Gates.

Hankotrade Terms and Conditions

Hankotrade offers 3 Account Types. The minimum deposit to open a standard Hankotrade account is $10. Hankotrade, an ECN broker, claims it offers excellent trading environments and the lowest commissions in this industry.

Hankotrade

Hankotrade offers the MetaTrader4 (MT4) trading platform to traders.

Hankotrade

Withdrawal and deposit of HankoTrade are available only with cryptocurrencies. Hanko broker accepts clients from the USA, but is not licensed to provide services in America.Trading instruments include more than 60 currency pairs; cryptocurrencies, including bitcoin, lightcoin and etherium; and stock indices, precious metals, commodities such as CFDs.

Reviews and Broker’s Reputation

Hankotrade has a rating of 4.8 on Trustpilot. This is quite a high score for a broker registered in the Seychelles.

Hankotrade

But there are other forums. For example, you see the “FPA” site on your screen. Here traders complain about the problems associated with the withdrawal of funds.

Hankotrade

Our research revealed that Hankotrade is not a good investment. However, it can make you money. Many clients of Hankotrade have been experiencing problems withdrawing their funds. The Hankotrade broker delays their withdrawal requests, and refuses to accept them. You might be wondering what to do if they don’t give the money back.

To get a free consultation, fill out the form on the website. All you need to do is provide brief information about the situation in which you were victimized. Our refund specialists will get back to you as soon as possible!

Chargeback Is Your Solution!

A chargeback is the retroactive cancellation and refund of a charge made using your credit card, wire transfer or some other payment methods.

By putting together a compelling chargeback strategy from beginning to end, victims of online fraud have a relatively high probability of recovering some of all of their funds lost.

However, using a trustworthy service such as MyChargeBack is critical in this endeavour as a typical chargeback process can often be complex and drawn out without the right guidance.

Request a free consultation today by clicking the button below!

Free consultation

Hankotrade: Video

You can also write a comment under the video on our YouTube channel to tell other traders about your experience. But if you’ve already been a victim, contact us for a free consultation by filling out the form at the top of the page.
Below you will find a short video about Hankotrade. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about Hankotrade!

FAQ

  • Is Hankotrade a Scam Broker?

    The firm is registered in the Saint Vincent and the Grenadines, and regulated by the FSA (Seychelles) i.e. it is an offshore broker.

  • Does Hankotrade Offer a Demo Account?

    Yes.

  • What Is the Minimum Deposit at Hankotrade?

    The minimum deposit is 10 dollars.

  • What Do Other Traders Say About the Hankotrade?

    Reviews are contradictory. We advise you to rely not on reviews, but on the legal aspects of registration and licensing.

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