Rating Index
Pros
Well-regulated by the Financial Services Agency (FSA) in Japan, ensuring a degree of trust and safety for clients.
Offers a variety of financial instruments, including forex, CFDs, commodities, and indices, catering to diverse trading preferences.
Established reputation with over 70 years of experience in the financial industry, which may appeal to clients looking for a reliable broker.
Cons
Does not support popular trading platforms like MetaTrader 4 or MetaTrader 5, which could limit usability for some traders.
No client insurance is provided, potentially exposing traders to higher risks in case of broker insolvency.
Customer support ratings are relatively low, indicating possible challenges in obtaining assistance when needed.
SANKO broker Accounts
SANKO Account Type
SANKO offers various types of trading accounts to cater to different trading needs. The main types of accounts available include:
- Forex Trading Account: Designed for trading in foreign currencies, allowing access to various forex pairs.
- Contract for Difference (CFD) Account: Enables trading on the price movements of assets without owning the underlying asset.
- Commodity Trading Account: Allows traders to invest in commodities like gold, oil, and agricultural products.
- Indices Trading Account: For trading in stock indices, providing exposure to a collection of stocks in a particular market.
- Visit the Official Website: Go to the SANKO website to start the account opening process.
- Select Account Type: Choose the type of account you wish to open (Forex, CFD, Commodity, or Indices).
- Fill Out the Application Form: Provide necessary personal information, including your name, contact details, and financial background.
- Submit Required Documents: Prepare and submit the required documents, such as:
- Proof of identity (e.g., passport or national ID)
- Proof of address (e.g., utility bill or bank statement)
- Financial information (if required)
- Verification Process: Once the application is submitted, SANKO will verify your documents and information.
- Account Activation: After successful verification, your account will be activated, and you will receive login credentials via email.
- Funding Your Account: You can then deposit funds into your account to start trading.
Each account type offers unique features suited for different trading strategies and preferences.
SANKO Broker Account Opening Process
Opening an account with SANKO is a straightforward process. Here are the steps to follow:
This process ensures that all necessary steps are taken to comply with regulatory requirements and to safeguard your trading experience.
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SANKO accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .