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.
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Company Details
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Hankotrade Features and Options
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Likelihood to Recommend to Others1 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.
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Likelihood to Recommend to Others1 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
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Likelihood to Recommend to Others1 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!
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Likelihood to Recommend to Others1 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.
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Likelihood to Recommend to Others1 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.
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Likelihood to Recommend to Others1 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.
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Likelihood to Recommend to Others1 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.
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Likelihood to Recommend to Others1 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.
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Likelihood to Recommend to Others1 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.
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Likelihood to Recommend to Others1 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.
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Likelihood to Recommend to Others1 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.
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Likelihood to Recommend to Others1 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 hoursNegative: 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.
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Likelihood to Recommend to Others1 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.
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Likelihood to Recommend to Others1 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.
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Likelihood to Recommend to Others1 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.
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