Hankotrade Reviews

They rob you in the name of withdrawal fees charged by the wallet provider. Last week , i made a profit withdrawal of $30K and they sent me $28,500. When i asked :
first their support said less amount might be due to the BTC price chance. When i argued, they sent me the email that THEIR WALLET PROVIDER CHARGES 2-3% FEES ON WITHDRAWALS ABOVE $10,000.

Before i withdrew, i asked them if they charge any withdrawal fees and they said no.

When i raised this point - they mentioned - "withdrawal processing fees are determined by our wallet provider and are beyond our control. While we do not impose direct withdrawal fees, transactions above $10,000 may be subject to fees from our liquidity and payment providers."

They charge 2-3%, when even they are not sure whether it is 2% or 3% and that being said, they charged 5% to me. $1,500 that is 5% of 30,000$. I said the same to them and It has been 5 days now and they are not responding back to me.

They are doing a theft in the name of wallet provider fees.

I have all the screenshots to support my claim and replies from them.

Please help me get my money back from them and be careful when you withdraw with them. This may happen with you also.

They take US clients and do not require any account verification documents to start trading on the platform.

- slippage issues
- delayed withdrawal
- hidden withdrawal fees
- platform freeze

Overall a good experience. Costs, service, platform speed all good. Just hope that Hankotrade brings MT5 to the platform and it'll be best broker out there in the market.

Hankotrade is an outstanding broker with transparent cost structure and remarkable trading conditions. Been with them for over 2 years and now and never faced any issue regarding my money. I wouldn’t hesitate to recommend it to my friends.

The broker can work on a few things to make the experience even better.
It has brought back MT4 on the platform but it'd b great if we can have MT5 too. Plus a few more cryptocurrency options would be great.

I'd rate hankoX 7/10. It's great with all the features, charges, platforms, and copy trading service. But they don't have MT5 platform. It would have been great if the broker offered that too.

Great to see HankoX bringing some features to their platforms. Tried their MTX4 and it works like a well-oiled machine. Also very happy to see this broker bringing in some educational material on its platform. It's really helpful for traders into EA trading.

Deposits sometimes take a bit longer to reach my account.

I recommend this broker. Good broker to trade, withdrawals take few days. Hope to continue trading here.

Very good technical support. After my request they respond quickly and help me solve my problems.

Withdrawal of your personal funds takes several days. With other brokers this happens faster.

HankoTrade offers a decent trading experience with low spreads and high leverage options, which is great for aggressive strategies. However, the asset options are quite limited, which might be a setback if you’re looking to diversify. The ActTrader platform is powerful but it takes time to understand it.

Hankotrade supports a broad selection of cryptocurrencies, giving traders ample choices for diversifying their portfolios.

Wish there were more cfd to trade, like etf funds.

I started with Hanko by signing up for their STP account. But the spreads are a bit wider as compared to other brokers. So I switched to their ECN account and enjoying minimum spreads and low commission fee. Probably going to stick to it now.

I like Hanko's new trading platform. It's user friendly and has more tools for analysis. I also appreciate the prompt support its customer service provides.

Broker has absolutely no educational or analysis material on its website. It should have something to guide its traders about upcoming market trend or any good tips and tricks

Solid broker for scalping because of the tight spreads. Spreads on GBP/JPY are competitive. recommend

Fast execution speeds ensure that my trades are executed promptly.
Customer support is responsive and helpful, providing quick solutions to any issues I face.
The platform is user-friendly and easy to navigate, making trading straightforward.

Limited deposit and withdrawal options, but that's not a big problem.

It's a typical ECN setup with tight floating spreads and a commission structure. I find their execution to be excellent, meeting the expectations I have for a broker of their caliber. Overall, their ECN offering provides competitive trading conditions that align with my trading style and preferences.

Tight floating spreads and a commission, ECN offering, no problems so far with trading, recommend, good broker.

Not the best personal area, sometimes there are problems with support team.

I’ve been with Hankotrade for six months now, and I love their ActTrader platform. The interface is user-friendly, and I’ve had no issues with slippage. The spreads are some of the best I’ve seen, usually around 0.2 pips.

No KYC Requirements - ensures faster account setup and maintains privacy for traders who prefer anonymity.

Hankotrade operates without regulatory oversight but probably that's a good side.

I was caught up in a huge mess when the broker migrated from Meta trader to act trader. Had trouble logging in and getting my balance back but Hankotrade's team promptly helped me to access my account and everything went smoothly after that.

1) Professional customer care team
2) Low commission charges
3) Minimal slippage
4) On time withdrawal-no crazy waiting hours

The only thing that Hankotrade must to do to tick all boxes of a perfect broker is to add more modes of payment. I'd really prefer bank transfers over crypto.

Hankotrade surprised me with how quickly they adapt to changes. When MetaQuotes revoked their license, I feared being stuck, but they swiftly introduced ACT Trader. Now, I'm getting used to the demo account on this new platform. It's reassuring to have a broker that's nimble and won't leave me high and dry, ensuring I can continue trading seamlessly. This adaptability is crucial, and Hankotrade seems to prioritize staying ahead of industry shifts, offering continuity for traders like me.

A good and reliable broker who has not abandoned his clients. Responsive technical support. I like Hankotrade.

There is little educational information for traders on trading with this broker.

I haven't encountered any issues with Hankotrade so far. Withdrawals have been smooth, and scalping is allowed without any problems. There doesn't seem to be a specified maximum number of trades. Regarding regulation, while they're unregulated, it hasn't affected their performance or services negatively. Sometimes, brokers choose to operate without strict regulations to offer more flexible trading conditions like better leverage.

Withdrawing funds without problems. Good leverage. Good technical support, answers questions quickly.

Every broker has its drawbacks. This broker does not have many drawbacks; I don’t plan to change broker yet.

Trading with HankoTrade's ECN account has brought me immense satisfaction, particularly in my exclusive focus on EUR/USD. The broker's offering of 0 pip spreads on EUR/USD has significantly enhanced the cost-effectiveness of my trades. The speedy trade execution and the opportunity for leverages up to 1:500 add an exciting dimension to favorable market movements. I recommend HankoTrade, especially for traders who appreciate bonuses tied to leverage, as the bonus amount increases with higher account leverage. It's worth noting that the stop-out levels, set at 50%, are higher compared to some brokers that implement stop-outs at 30%.

Good spreads, fast execution of transactions, good and interesting bonuses, responsive technical support.

I want the broker to add more payment methods.

Hankotrade provides me with everything that I need as a trader. I like their trading conditions, cost structure, trading platforms, and good customer care.

The latest update by Hankotrade is outstanding! Hankox works like a well oiled engine with great tools for technical analysis. So far the best trading platform I have ever used on Hanko.

The broker only provides one payment and withdrawal method. Plus, no education stuff, and I sometimes feel that they send a lot promotional emails. I am not really a fan of that. But other than that it's all good.

Overall if I conclude my experience it'd be this: 8/10. I enjoy trading crypto here and will surely stick with them if they continue to provide the same level of experience to their clients.

I have had my fair shares of testing around diff brokers. Hankotrade has so far been the best broker out of all the other ones that I have tested. The platform is user-friendly, easy-to-use, and their propriety trading terminal is mind blowing! Deposits and withdrawals are also timely.

The major downside of this broker is its crypto only payment system. Also a separate mobile app would be great.

The support service really helped me a lot, they solved the problem with withdrawing funds to my wallet. It took several days, but I was pleased with the result.

Good support service, fast withdrawal of personal funds, interesting trading platform for beginners.

I have been trading with this broker for several months now. Like any broker, there are drawbacks - but they do not stop me from trading.

Scammers. Can't withdraw funds. My withdrawal is pending for more than a week now, customer service is good for nothing. Scammers imo. Very unorganized or stealing.

Nice interface to trade, graph taken from TradingView on web trader. There are no apps for Apple devices yet.

Unstable platforms and can't withdraw funds!!! My withdrawal is pending for more than a week now, customer service is good for nothing. Scammers imo.

If we talk about my overall experience, It has been good. I didn't face any major troubles or hassles during trading or while depositing/withdrawing my funds. I'd say Hankotrade is a solid broker and I will continue to trade with this broker.

1. Smooth running platform
2. Chart trading feature is really helpful
3. Withdrawals are on time
4. Customer staff is always friendly

Sometimes I feel that Hankotrade sends too many emails, kinda like newsletters which are terribly annoying to me. Also they have a web application for HankoX and not a proper mobile app. Even though web application is great and all I'd still prefer a mobile app.

Hankotrade has proven to be a good broker for me. I am trading on their ECN account and its been great so far. Never had to face any trouble regarding spreads or commission charges. the trading condition are favorable most of the times and the platform doesn't lag even when used with an EA.

Hankotrade is consistently improving its platform so 10/10 for that. The new HankoX platform is superb with high speed and accuracy. And the platform now also offers chart trading which was the only thing that was missing. Another thing I like about Hankotrade is that they are customer centric. Always available to help and never stress me out for withdrawing my money.

The broker is practically dead on social handles. So do not expect that you'll get updates via its social accounts.

Their low slippage ensures that my EA's trailing stops can be set tightly without concerns of unexpected price gaps. This level of precision allows my automated strategies to maximize profits while minimizing potential losses.

Moreover, the platform's stability and reliability further enhance the performance of my EAs. so i would like to recommend hanko for traders.

no problems so far. a good broker to trade with. kudos!