Hi O_Dover,
Thanks for your message.
HankoTrade has weak regulatory credentials which raises concerns:
- HankoTrade is not regulated by a trusted financial body like the UK’s FCA or Australia’s ASIC.
- HankoTrade operates offshore in St Vincent and the Grenadines where there are more relaxed setup requirements compared to robust trading jurisdictions like Europe.
- There is limited information about the company’s background and management team. This lack of transparency contrasts with our most trusted brokers.
