What is Hankotrade?
Hankotrade operates as a worldwide broker for Forex and Cryptocurrency, led by a proficient team that comprehends traders' requirements in the market.
The broker provides a diverse selection of trading options, including 62 major currency pairs, 3 cryptocurrency pairs, 11 international stocks, precious metals, and 2 energy products.
Hankotrade aims to enhance the trading experience for investors by granting them access to a robust foreign currency platform. Since its inception in 2018, the organization has been committed to delivering exceptional investment opportunities along with a range of effective trading tools.
The numerous favorable reviews, various account types, low initial deposit requirements, competitive spreads, and efficient features suggest that Hankotrade is a trustworthy brokerage.
Additionally, the process for new traders to create accounts is straightforward, as they can simply visit the website and fill out the necessary registration forms with ease.
Overall, Hankotrade stands out in the trading industry by prioritizing user experience and providing valuable resources for traders at all levels.
Integrations
Company Facts
Product Details
Product Details
Hankotrade Categories and Features
-
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
No restriction on strategies
Date: Feb 26 2024SummaryI've faced bans on several platforms. Hankotrade stands out by not restricting my trading style, like arbitrage and unique approaches, led to bans on several platforms. Hankotrade sets itself apart by not restricting my trading style, welcoming arbitrage, EAs, algorithms, and scalping. This broker offers an exceptional trading experience without limiting clients, allowing exploration of diverse strategies and access to various trading instruments. The freedom to implement unconventional approaches make the broker suitable for me.
PositiveThis broker matches my trading style. If I have questions, technical support responds quickly. Excellent spreads.
NegativeVery few training materials. More advanced trading tools may be added.
Read More... -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
I chose this broker.
Date: Mar 29 2024Summary- Crypto deposits and withdrawals are a breeze, and you trade in fiat.
- Support team's super chill and friendly.
- You can trust them with high leverage.
- They're A-book brokers, so I am in good hands.PositiveGood broker for trading. Fast deposits and withdrawals.
Technical support always responds quickly and helps.NegativeThere are drawbacks, like any broker. Personally, I don’t plan to change broker yet.
Read More... -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Broker for a solid 4.
Date: Jan 15 2024SummaryThere's room for improvement in the frequency of email trading reports. Monthly reports fall short of my preference; I'd like more frequent updates from Hankotrade, possibly daily report.
PositiveLow commission. Clear trading platform. Minimal slippage. Technical support quickly answers questions.
NegativeThere are no more frequent updates from Hankotrade, daily reports should be added.
Read More... -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Great place to start trading
Date: Sep 26 2024SummaryIf I talk about my overall experience, it has been great. I am with them for past 5 months and didn't come across any problematic stuff. I am looking forward to continue trading on their platform
PositiveTheir STP account is great if you want to learn how to trade. The customer staff is courteous and helpful. As a new trader, I also liked how easy to use their platform is, didn't have much trouble with it. I also have a copier account with hanko and I have made good sum from it.
NegativeThe only thing that frustrates with me Hanko is the crypto option. As a guy who is just starting out crypto is not the best method. I'd prefer bank transfers more over crypto transfers.
Read More... -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
I get my withdrawals from Hankotrade usually in 3 hours
Date: Apr 03 2023SummaryI've tried a lot of different brokers over the years, and I have to say that Hankotrade stands out for its fast and reliable withdrawals.
PositiveWhether I'm withdrawing a small amount or a large sum, the process is always smooth and easy. Highly recommended!
NegativeThe longest that I had to wait for my withdrawal was 7 hours. But generally, I get my money within 3 hours.
Read More... -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
I love their margin-calls and stop-out levels!
Updated: Jul 14 2024SummaryHankotrade has got my back with their margin call and stop-out levels set at 70% and 50%, respectively. It's a real relief for me to have that comfortable buffer zone. It means I won't risk losing more than I can handle which is a huge deal for me as I am just getting started with trading world. They've really taken care of their customers with this thoughtful setup!
PositiveSo, far I like everything about this broker. It has fast and friendly customer service, good execution time, minimal slippage, and overall an easy to use features and designs.
NegativeThe trading tools need a lot of improvement. They are too basic and not of much use even for a novice trader like me.
Read More... -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Good trading conditions with super low spreads
Date: Jul 21 2023SummaryI am a newbie trader and still in the phase of learning. I am currently using Hankotrade's STP account that I opened with $10 since I didn't want to invest a large sum. The commission charges are also okay. The only thing that they need to work on is the customer service. They sometimes take around 30 minutes to an hour to respond to simple questions.
PositiveI like their quick deposits and withdrawals, low spreads and commissions, and smooth order placement.
NegativeCustomer service needs to be improved, that's it. No other issue.
Read More... -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Smooth trades, swift withdrawals
Date: Oct 30 2023SummaryHankotrade stands out for real. Quick withdrawals, smooth trades, and no-nonsense Forex EA integration. They've got my trust for keeping it simple and delivering on the promises.
Positive1)I really liked the fact that I could easily use my forex EA on this platform. No hassle, or troublesome hanging, just smooth trading every time.
2) Their withdrawal speed is superb! Just a few hours and your money hits your account on the same day.NegativeLimited pairs of crypto for trading and non-existent educational material on their website.
Read More... -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Super fast withdrawals every single time
Date: Jul 17 2023SummaryHankotrade is by far the fantastic broker that I have dealt with. No hidden charges, fees, or funny business on my account. My money is always transferred to me in 2 to 3 hours every time.
PositiveHankotrade's features are awesome including its negative balance protection which is honestly such a stress reliever in volatile conditions. Besides I really like their customer care agents who are always available to respond and never ghost you.
Negativethis broker doesn't provide any market analysis or forecasts like some brokers do. Would be great if Hankotrade introduces something similar for its clients on the portal.
Read More... -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
This broker supports EA's
Date: Oct 26 2023SummaryThey support support EAs , hedging and don't have any unnecessary trading restrictions . Which means I am free to try out any strategy and automate it with them, very beneficial for me as a coder.
PositiveTheir ECN accounts are very efficient, execution is time is quick which obviously reduces slippage and great for EAs. Connecting to an offsite VPS is also quite easy no complicated bridge and the support were helpful when I did it the first time.
NegativeThe broker is too basic., beside a trading platform which is efficient they don't offer anything extra that entices me, like completion, volume rebates etc.
Read More... -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Best ECN broker I've traded with
Updated: Aug 11 2023SummaryI use Hankotrade regularly and I'm really happy with their low commission ECN accounts. These accounts have consistently given me good profits. I also like that I can transfer funds using cryptocurrencies, though having the option for bank transfers would be better.
PositiveI really like and appreciate their low spreads and commissions, no sneaky activity on my trades, smooth execution and almost instant withdrawal.
NegativeOne thing that I need to address is that their customer service is good, but sometimes they are a bit slow with their replies.
Read More... -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
I like the broker.
Date: Dec 24 2023SummaryI've had no issues trading with them – everything goes smoothly. They provide good leverage and tight spreads, I have not had trouble withdrawing. Honest and Transparent.
PositiveGood platform for trading. No problems with withdrawals. I like trading here.
I recommend trading for beginners.NegativeI trade here. I like everything so far. I haven't encountered any problems yet.
Read More... -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Enjoying hassle free trading with hankotrade
Updated: Sep 19 2023SummaryTrading with Hankotrade broker is honestly stress-free. I don't have to worry about high fees or spreads, unnecessary charges on deposits or withdrawals. The best of all is that I never have to worry about my withdrawals. Hanko's swift withdrawal are such a breeze. Keep up the good work Hanko.
PositiveI like their ECN Plus account which is spread-free and charges a very nominal commission. I am also impressed with their quick and hassle free deposits and withdrawals.
NegativeHankotrade doesn't have any valuable educational content or market insights on its website or platform. It'd be great to have some important information or forecast on the platform.
Read More... -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Variety of trading options and ultra-low spreads
Date: Apr 05 2023SummaryI've been using Hankotrade for the last 8 months, and I gotta say, I really like it. It's a complete experience with no issues. I can manage my portfolio easily without needing anything else. No other broker platform I've used has so many features. Hankotrade is definitely a cut above the rest. Overall, my Hankotrade review is super positive and I recommend it to any trader out there looking for a reliable and feature-rich platform.
PositiveHankotrade offers a wide range of trading options, including multiple platforms to choose from, competitive spreads, and an extensive inventory of assets across various classes.
NegativeA few times, I had to wait longer than I thought I would when I contacted Hankotrade's customer care. It was a bit frustrating :(
Read More... -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Commission charges are too good on ECN Plus account
Date: Jul 11 2023SummaryI signed up with Hankotrade after watching its numerous reviews on YouTube. I started with its basic STP account to see what the hype was about and safe to say I like this broker. The spreads are excellent and the broker doesn't rip off my account in the name of commission charges.
Positive- super fast withdrawals in a few hours
- excellent customer support team
- minimal slippage
- deposit bonus
- trading conditionsNegativeThe only thing that pisses me off about this broker is their deposit method. That's all! It only accepts deposits through cryptocurrency. It should really add some other ways too for people like me who do not use crypto wallets frequently.
Read More... -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Hankotrade is an all-inclusive platform for traders
Date: Apr 05 2023SummaryI've had a positive experience with Hankotrade, as they go above and beyond to assist their clients throughout the trading process.
PositiveThey are quick to respond to emails and live chats. Also super helpful when I face technical issues in my trading account.
NegativeWhile I appreciate their services, I do have one suggestion for the broker. It would be great if they could include more crypto pairs for deposits.
Read More... -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Good broker with fantastic trading environment
Date: Aug 09 2023SummaryAs a satisfied client of Hankotrade, I appreciate their excellent trading environment. But their customer service needs improvement especially the painfully slow email responses. But other than that I think they are doing a wonderful job in providing a good trading environment.
PositiveExcellent spreads, low commission charges, no withdrawal fees, speedy and timely withdrawals every time.
NegativeSlow response time via emails, limited trading tools, no educational material.
Read More... -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Hankotrade has been incredible
Date: Jul 31 2023SummaryHankotrade has been incredible! Their spreads are tight, and the commissions are just $2. The bonus program matched my deposit, and withdrawals in USDT were smooth. Best part? No trade manipulation! My EA runs like a charm hitting take profits consistently. Been with them for 4 months now and its been a thrilling ride. I highly recommend trading with this broker.
PositiveI love how fast and smooth their execution speed is no lagging or malfunction. the commission rates are also good just $2 on ECN and $1 on ECN Plus account. Overall its a nice broker.
NegativeAs a newbie I would have loved if Hankotrade had provided with some trading guides or tutorials on its website. But unfortunately the educational stuff is non-existent on their platform.
Read More... -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Broker with good support
Date: May 15 2023SummaryI think Hankotrade's commitment to transparency and fairness is a major reason why they stand out in a crowded marketplace. As someone who has been burned by unscrupulous brokers in the past, it's refreshing to know that there are still companies out there that prioritize their clients' interests above their own.
PositiveTransparency, justice, good spreads, many tools to trade. The support responds quickly and helps its customers.
NegativeMy opinion is that there are few ways to withdraw funds.
Read More... -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Reasonable and reliable broker
Date: Oct 05 2023SummaryHankotrade has been a pleasant surprise in my trading journey. What caught my attention was their fair spreads and reasonable fees, making it easier on my pocket. I've also noticed very little slippage, which is a big relief. If you're looking for a trading buddy that's easy on the wallet and keeps surprises to a minimum, Hankotrade might just be your match
Positive1. Low commission
2. Razor-sharp spreads on major currency pairs.
3. Instant help from customer service
4. Easy breezy withdrawals.NegativeThe only area where I feel Hankotrade needs to upgrade itself is on the availability of advanced tools and maybe adding some expert market trends or info on their portal.
Read More...