Skip to content
  • Categories
  • 0 Unread 0
  • Recent
  • Tags
  • Popular
Collapse
Forum ForexRoasted Logo

Forum Forexroasted

  1. ForexRoasted Community
  2. Categories
  3. Forex Brokers
  4. hankotrade - anyone actually withdrawn from them recently?

hankotrade - anyone actually withdrawn from them recently?

Scheduled Pinned Locked Moved Forex Brokers
withdrawal
9 Posts 9 Posters 20 Views 9 Watching
  • Oldest to Newest
  • Newest to Oldest
  • Most Votes
Reply
  • Reply as topic
Log in to reply
This topic has been deleted. Only users with topic management privileges can see it.
  • D Offline
    D Offline
    derekwhite
    wrote on last edited by
    #1

    approached by an aggressive 'account manager' from hankotrade offering 100% deposit bonus and 'preferred trader status' on a $5k deposit. immediate red flags but i wanted to do due diligence before dismissing.

    their site looks polished, mauritius and svg licensing (so basically no real regulation). reviews online are split between glowing 5-star reviews that read like marketing copy and angry 1-star withdrawal complaints.

    has anyone here actually deposited AND withdrawn from them in the last 6 months? not interested in 'i opened a demo' takes.

    1 Reply Last reply
    0
    • J Offline
      J Offline
      Justin
      wrote on last edited by
      #2

      deposited $1k as a test in september. small profit, requested withdrawal. took 19 business days, 3 KYC re-verifications, eventually paid out. wouldnt do larger size with them. felt like they hoped id give up.

      1 Reply Last reply
      0
      • P Offline
        P Offline
        parkerlee
        wrote on last edited by
        #3

        deposit bonus is the giveaway 🚨 100% bonus = they tag your account, any withdrawal has 'trading volume requirement' that nobody can hit. classic trap. dont accept the bonus even if you deposit.

        1 Reply Last reply
        0
        • D Offline
          D Offline
          darkhorizon
          wrote on last edited by
          #4

          mauritius + SVG dual licensing is a giant red flag. neither jurisdiction enforces consumer protection meaningfully. if a broker is licensed ONLY in those, they chose it specifically to avoid accountability. add the aggressive sales call - that's a profile of a sketchy operation.

          1 Reply Last reply
          0
          • M Offline
            M Offline
            Mason
            wrote on last edited by
            #5

            what licenses should i look for then? what are 'safe' regulators?

            1 Reply Last reply
            0
            • R Offline
              R Offline
              realtommy
              wrote on last edited by Admin
              #6

              tier 1: FCA (UK), ASIC (Australia), CySEC (Cyprus, EU), MAS (Singapore), FINMA (Switzerland). these have real consumer compensation schemes. anything below tier 1 = your funds are basically the brokers funds, no recourse if they refuse to pay. mauritius/SVG/belize are tier 3 at best.

              1 Reply Last reply
              0
              • D Offline
                D Offline
                Daniel
                wrote on last edited by
                #7

                if a salesman is calling you to deposit thats already the answer. real brokers dont chase. they dont need to.

                1 Reply Last reply
                0
                • U Offline
                  U Offline
                  urbanfox
                  wrote on last edited by
                  #8

                  echoing - if you must test them, $500 max, no bonus, withdraw within 30 days. if anything sketchy on that test, run.

                  1 Reply Last reply
                  0
                  • L Offline
                    L Offline
                    lowkeysam
                    wrote on last edited by
                    #9

                    skip. plenty of regulated alternatives.

                    1 Reply Last reply
                    0

                    Hello! It looks like you're interested in this conversation, but you don't have an account yet.

                    Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.

                    With your input, this post could be even better 💗

                    Register Login
                    Reply
                    • Reply as topic
                    Log in to reply
                    • Oldest to Newest
                    • Newest to Oldest
                    • Most Votes


                    • Login

                    • Don't have an account? Register

                    • Login or register to search.
                    Powered by NodeBB Contributors
                    • First post
                      Last post
                    0
                    • Categories
                    • Unread 0
                    • Recent
                    • Tags
                    • Popular