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Hankotrade regulation and how it scores
Regulation carries the heaviest weight in the score, which is why it is scored first. Here is Hankotrade's licensing and the protections behind it.
Facts last checked . Read the full Hankotrade review.
Regulation and safety
- Regulated by
- Unregulated
- Regulator tier
- Unregulated
- Register entry
- No financial-services regulator register identified
- Client money segregated
- Not publicly confirmed
- Held at
- Not disclosed
- Negative balance protection
- Yes
- Compensation scheme
- None
- Audited by
- Not publicly disclosed
- Not available to
- Sanctioned/prohibited jurisdictions and jurisdictions where services would violate local law
What this means
Regulation carries the heaviest weight in the score, which is why it is scored first.
Hankotrade lists its regulation as Unregulated.
Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.
No compensation scheme covers this entity. If the firm fails owing you money there is no statutory fund to claim against, and what you get back depends entirely on what administrators recover.
Questions about Hankotrade regulation
Is Hankotrade tier-one regulated?
Hankotrade's strongest licence is recorded as Unregulated.
Who regulates Hankotrade?
Hankotrade is regulated by Unregulated.
Does Hankotrade offer negative balance protection?
Yes. Hankotrade offers negative balance protection, so a losing position cannot leave you owing the broker more than your account held.