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Hankotrade Review: Cruel Forex Scam



Hankotrade is another rotten CFDs and Forex scam platform to hit the lucrative trading world. Hanko Trade is purporting to offer spreads starting from as low as 0.0 pips. With claims of also offering leverage of 500x, most investors sign up not knowing the scam behind it. Members are coming out crying foul after having their accounts frozen for no reason. Read this full HANKOTRADE Review for more details.To get more news about oneup trader, you can visit wikifx.com official website.

What we learned in regards to this platform is shocking beyond words. Scam artists are behind this trading platform and are stealing from anyone who deposits funds. With strong evidence showing these are offshore brokers, we must expose this platform. Hankotrade is another online scam platform targeting unsuspecting online investors. Without further delay, we will expose the tricks used by these scam artists. Continue reading this detailed and eye-opening Hanko Trade Review for more.

Why do investors fall for scams? Scam artists know for a fact that we all want to make an extra buck. With this in mind, they come up with over the moon claims to attract unsuspecting investors. In most cases, they will guarantee a profit margin of over 90%. Hanko trade is using the same tactic only that they appear to offer attractive features. With a well-designed website, it is easy for the naked eye to fall in love with the platform. Thanks to our years of trading experience, we know how to spot a scam from a mile away.
Disclaimer at the footer of their homepage does not reveal any information regarding ownership. We headed for their contact page to know more about this platform. Details show the platform is operating in Seychelles which means we are dealing with offshore brokers. A huge problem with offshore brokers is they don’t follow strict industry guidelines. Hankotrade is not going to insure funds as dictated by trading laws. Whoever signs up with this platform should expect nothing but shoddy activities.

Who is the person behind this platform? Why can’t we get the names of people running this website? Without an actual name, it is clear HANKOTRADE is anonymous. Anonymity is a scammer’s best friend and it allows owners to do what they want. Scam artists will openly refuse members to withdraw funds which is what’s happening. Investors are warned not to associate with any platform which is anonymous. Phone number listed is also a red flag as it is actually based in the Auk.
Being based in Seychelles, we highly doubt this platform is licensed by proper authorities. Homepage does not give any indication of Hanko Trade ever being licensed. A huge problem with this platform is they don’t post any information to validate their licensing. We made sure to contact leading regulatory bodies and check whether Hanko trade is licensed. Shocked by what we found out, it is clear some European bodies have issued an alert over this platform. Hankotrade is not licensed to operate any Forex trading services.

Why have they failed to give details regarding their license and registration number? As an investor, you would expect to find license details posted on the website. Copies of their license and registration certificates should be displayed for all to see. Without a valid trading license, any investor who signs up should expect nothing but trouble. Governing bodies such as ASIC, CONSOB, CySEC, FCA, NFA, and SEC have blacklisted Hanko trade. Stay away from this platform.

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