Should You Trade with ETH Banko?
ETH Banko is not the kind of broker you should trust with your money. The website has been given a low trust rating. This usually happens when there have been numerous complaints. Also, it has been flagged as a suspected trading scam. There are plenty of regulated brokers you could trade with–there doesn’t seem to be any reason to open an account with ETH Banko.
There Are Some Things You Should Know Before Trading with ETH Banko?
Like many other brokers ETH Banko promises large returns. However, it doesn’t give any information that can inspire confidence. We don’t find any licensing information or any mentions in the media that give us any reason to trust this broker. A lack of transparency is a bad sign. Usually legitimate brokers will show evidence of a license as well as credentials that demonstrate their reliability. ETH Banko has none of these– we suggest staying away.
We Found the Following Problems With ETH Banko.
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Not regulated
- No transparency
- No contact information
- Bad reviews
What if You Have an Account with ETH Banko?
If you have an account with ETH Banko we urge you to close it immediately and ask for a withdrawal of your funds. If the broker does not return your funds, you should report it and file a claim. ReportScamOnline will assist you with your claim and can help you retrieve your funds from the blockchain or through a chargeback or wire recall.