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Hankotrade Description

Hankotrade is a global Forex and Cryptocurrency broker. The organization is managed by a skilled and experienced team that understands the needs of traders in the trading market.

Hankotrade offers 62 major currency pairs, 3 cryptocurrency pairs, 11 international stocks and precious metals and 2 energy products to trade.

Hankotrade offers traders and investors access to a foreign currency platform that will help them and improve their trading experience. Hankotrade has been offering its clients outstanding investment opportunities and a variety of trading tools since 2018.

Hankotrade's many positive reviews, its account types, minimal initial deposit, tight spreads and productive features all indicate that it is a legitimate broker. Hankotrade makes it easy for beginners to open accounts by simply going to their website and completing all the registration forms.

Integrations

Reviews - 54 Verified Reviews

Total
ease
features
design
support

Company Details

Company:
Hankotrade
Year Founded:
2018
Headquarters:
Seychelles
Website:
hankotrade.com
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Product Details

Platforms
SaaS
Type of Training
Live Online
Customer Support
24/7 Live Support
Online

Hankotrade Features and Options

  • Name: Honore J.
    Job Title: Trader
    Length of product use: 6-12 Months
    Used How Often?: Daily
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Recommend

    Date: May 22 2024

    Summary: 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.

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

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

    Read More...
  • Name: James W.
    Job Title: Backend developer
    Length of product use: 1-2 Years
    Used How Often?: Daily
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    ECN account is the best!

    Date: Apr 25 2024

    Summary: 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.

    Positive: 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.

    Negative: 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

    Read More...
  • Name: Sirio S.
    Job Title: Engineer
    Length of product use: 6-12 Months
    Used How Often?: Weekly
    Role: User
    Organization Size: 100 - 499
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Recommend

    Date: Apr 24 2024

    Summary: 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.

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

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

    Read More...
  • Name: Cyrus B.
    Job Title: Trading market analysis
    Length of product use: 6-12 Months
    Used How Often?: Daily
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    ECN broker

    Date: Apr 12 2024

    Summary: 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.

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

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

    Read More...
  • Name: Mariano M.
    Job Title: Trading market analysis
    Length of product use: 1-2 Years
    Used How Often?: Daily
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    I chose this broker.

    Date: Mar 29 2024

    Summary: - 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.

    Positive: Good broker for trading. Fast deposits and withdrawals.
    Technical support always responds quickly and helps.

    Negative: There are drawbacks, like any broker. Personally, I don’t plan to change broker yet.

    Read More...
  • Name: Jocelyn R.
    Job Title: Trader
    Length of product use: Less than 6 months
    Used How Often?: Weekly
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Good support team

    Date: Mar 19 2024

    Summary: 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.

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

    Negative: 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.

    Read More...
  • Name: Eric N.
    Job Title: Sales Manager
    Length of product use: 6-12 Months
    Used How Often?: Daily
    Role: User
    Organization Size: 26 - 99
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Recommend

    Edited: Mar 20 2024

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

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

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

    Read More...
  • Name: Kennedi H.
    Job Title: IT
    Length of product use: Less than 6 months
    Used How Often?: Weekly
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    No restriction on strategies

    Date: Feb 26 2024

    Summary: I'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.

    Positive: This broker matches my trading style. If I have questions, technical support responds quickly. Excellent spreads.

    Negative: Very few training materials. More advanced trading tools may be added.

    Read More...
  • Name: Alain M.
    Job Title: Trader
    Length of product use: 6-12 Months
    Used How Often?: Daily
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Immense satisfaction

    Date: Feb 24 2024

    Summary: 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%.

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

    Negative: I want the broker to add more payment methods.

    Read More...
  • Name: Titus F.
    Job Title: Finance
    Length of product use: 1-2 Years
    Used How Often?: Daily
    Role: User
    Organization Size: 26 - 99
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Hankotrade

    Date: Feb 17 2024

    Summary: 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.

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

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

    Read More...
  • Name: Mohammed L.
    Job Title: Trader
    Length of product use: Less than 6 months
    Used How Often?: Weekly
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    This broker suits me.

    Date: Feb 15 2024

    Summary: 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.

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

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

    Read More...
  • Name: Phillip R.
    Job Title: Security Analyst
    Length of product use: 1-2 Years
    Used How Often?: Daily
    Role: User
    Organization Size: 100 - 499
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Excellent services and timely withdrawals

    Date: Jan 02 2024

    Summary: 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.

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

    Negative: 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.

    Read More...
  • Name: Nilbo T.
    Job Title: I work in an office
    Length of product use: 6-12 Months
    Used How Often?: Weekly
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    I like the broker.

    Date: Dec 24 2023

    Summary: I'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.

    Positive: Good platform for trading. No problems with withdrawals. I like trading here.

    I recommend trading for beginners.

    Negative: I trade here. I like everything so far. I haven't encountered any problems yet.

    Read More...
  • Name: Tyrese L.
    Job Title: I trade with a broker
    Length of product use: 6-12 Months
    Used How Often?: Daily
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Good broker.

    Date: Nov 19 2023

    Summary: I can say that it's a really great broker company. I like their RULES and RESTRICTIONS they have for trading with them. Which is NO RULES.
    I trade FOR THE DAY and EVERYDAY I make a withdrawable profit, I have it on the same day. Shoutout to Hankotrade- The real MVP.

    Positive: Great brokerage company. Fast withdrawal of funds. Good and clear platform for trading. Technical support responds quickly.

    Negative: While I'm trading here, I haven't seen any cons. There are some downsides, but they don't bother me yet.

    Read More...
  • Name: Camryn L.
    Job Title: Trader
    Length of product use: 6-12 Months
    Used How Often?: Weekly
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    This broker supports EA's

    Date: Oct 26 2023

    Summary: They 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.

    Positive: Their 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.

    Negative: The 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...