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Broker Reviews

Hankotrade

Tradomatix TrustScore™:

4.67

(389 Reviews)
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5-star

88.69%

4-star

3.08%

3-star

1.29%

2-star

0.51%

1-star

6.43%

About Hankotrade

Hankotrade functions as a forex and CFD broker operating online with access to currency pairs, commodities, indices and cryptocurrencies via its website and trading platforms. The company presents trading opportunities through various account types and markets while positioning itself in the overall retail brokerage space.

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Regulation & Security

It lacks regulation by any recognised top-tier financial authority and does not hold the credentials of major supervisors such as the FCA, ASIC or CySEC. Independent analysis notes that it remains unregulated and that past registrations may have been revoked or invalid.

Account and Setup

Account opening occurs online and supports registration of live accounts with account types including STP, ECN and ECN Plus. The publicly stated minimum deposit for STP accounts may be around US$10 but detailed breakdowns of all tiers are not fully transparent.

Funding Options

Funding and withdrawal methods include cryptocurrencies such as Bitcoin and Tether according to independent reviews, while information on bank cards or wires is less clearly documented and processing times are not uniformly disclosed.

Bot & API Compatibility

The broker supports algorithmic trading and notes compatibility with platforms such as MetaTrader 5 and MetaTrader 4, allowing deployment of expert advisors and automated strategies subject to trader verification of live-environment execution.

Trading Conditions& Restrictions

Trading conditions include leverage up to 1:500 for certain accounts and spreads from 0.0 pips on ECN-type accounts with fixed commissions such as US$2 per standard lot per side for US$100k turnover. However, due to its unregulated status, features such as negative balance protection, client fund segregation and investor compensation schemes are not clearly assured.```

Regulation & Security

It lacks regulation by any recognised top-tier financial authority and does not hold the credentials of major supervisors such as the FCA, ASIC or CySEC. Independent analysis notes that it remains unregulated and that past registrations may have been revoked or invalid.

Account and Setup

Account opening occurs online and supports registration of live accounts with account types including STP, ECN and ECN Plus. The publicly stated minimum deposit for STP accounts may be around US$10 but detailed breakdowns of all tiers are not fully transparent.

Funding Options

Funding and withdrawal methods include cryptocurrencies such as Bitcoin and Tether according to independent reviews, while information on bank cards or wires is less clearly documented and processing times are not uniformly disclosed.

Bot & API Compatibility

The broker supports algorithmic trading and notes compatibility with platforms such as MetaTrader 5 and MetaTrader 4, allowing deployment of expert advisors and automated strategies subject to trader verification of live-environment execution.

Trading Conditions& Restrictions

Trading conditions include leverage up to 1:500 for certain accounts and spreads from 0.0 pips on ECN-type accounts with fixed commissions such as US$2 per standard lot per side for US$100k turnover. However, due to its unregulated status, features such as negative balance protection, client fund segregation and investor compensation schemes are not clearly assured.```

Hankotrade Reviews

( 389 )

Hankotrade Reviews

( 389 )
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Corporate solutions

Fund House Suite

Price ranging from
USD 100,000/mo

Corporate Suite

Price ranging from
USD 30,000/mo

Family Office Suite

Price ranging from
USD 10,000/mo

Retail solutions

Diamond

Price ranging from
USD 4,997/mo

Titanium

Price ranging from
USD 2997/mo

Platinum

Price ranging from
USD 497/mo