HankoTrade Review

HankoTrade is a brokerage firm that offers trading services on the popular MT4 and MT5 platforms. With a history dating back to the 1980s, the company has a team of experienced traders operating in global financial markets, including Asia and North America. In this expert review, we will delve into HankoTrade’s features, pricing and commissions, pros and cons, and summarize its offerings.

HankoTrade Trading Broker

HankoTrade’s regulatory status may vary by region. It’s crucial for traders to verify the broker’s regulatory status in their jurisdiction.

HankoTrade offers competitive spreads, which start as low as 0.7 pips on standard accounts, offering favorable trading conditions for its clients.

>>Visit the Official HankoTrade Broker Website<<

HankoTrade Review

HankoTrade provides traders with a choice of three account types: STP, ECN, and ECN Plus. Standard account spreads start from a competitive 0.7 pips, and ECN accounts can offer zero spreads under favorable market conditions.

Traders, both professional and retail, can access leverage of up to 1:500, with primary account currencies in USD, EUR, and CAD.

The broker is transparent in its operations, with detailed information about trading conditions, fees, and partnership policies available on its website. Their 24/7 customer support team is responsive and aims to resolve client inquiries promptly.

Pricing and Commissions

HankoTrade distinguishes itself by offering favorable pricing and commissions. While STP accounts have spreads starting at $7, ECN and ECN Plus accounts can provide spreads from $0, subject to market conditions. ECN accounts incur a commission of $2 per lot, while ECN Plus accounts charge $1 per lot.

The broker does not impose non-trading fees, and traders have access to Islamic accounts without swaps.

HankoTrade Registration Portal
HankoTrade Registration Portal


  1. Competitive Spreads: HankoTrade offers tight spreads, starting as low as 0.7 pips on standard accounts, making it attractive for traders.
  2. Negative Balance Protection: The broker provides protection against negative balances, ensuring clients’ accounts don’t go into debt.
  3. Segregated Funds: Client funds are held in separate accounts, enhancing asset security.
  4. Free Deposits and Withdrawals: Deposits and withdrawals do not incur fees.
  5. Fast Execution: The trading platform operates swiftly, ensuring efficient order execution.
  6. Real-time Spread Updates: Spreads change in real-time, giving traders up-to-the-minute information.


  1. Cryptocurrency Only Withdrawals: Withdrawals are possible only in cryptocurrencies, which may not be convenient for all traders.
  2. Verification for Large Withdrawals: Verification is required for withdrawals over $5,000.
  3. Lack of Educational Resources: HankoTrade’s website lacks a dedicated educational section, offering limited resources for traders looking to learn.
  4. Regulatory Oversight: The broker operates without the oversight of financial regulators, which may raise concerns for some investors.

HankoTrade Verdict

HankoTrade is a brokerage firm offering a range of trading accounts with competitive spreads, leverage options, and robust customer support. Its transparent fee structure and commitment to protecting client funds make it an attractive option for traders. However, the absence of regulatory oversight and limited educational resources may be drawbacks for some users. It caters to both novice and experienced traders, with a variety of account types to choose from. Traders looking for favorable trading conditions and responsive customer support may find HankoTrade to be a suitable choice.

>>Visit the Official HankoTrade Broker Website<<

Frequently Asked Questions (FAQ) about HankoTrade

HankoTrade offers three account types: STP, ECN, and ECN Plus. These accounts come with varying spreads, leverage, and features to cater to different trading preferences.

The minimum deposit varies depending on the account type. For STP accounts, it's $10, for ECN accounts, it's $100, and for ECN Plus accounts, it's $1,000.

Yes, HankoTrade allows trading in cryptocurrencies along with currency pairs, indices, metals, and energies.

Yes, the broker provides Islamic accounts that do not involve swaps, making them compliant with Islamic finance principles.

Both retail and professional traders can access leverage of up to 1:500, depending on their account type and trading preferences.

No, HankoTrade does not charge fees for deposits and withdrawals. However, keep in mind that some payment processors may have their own fees.

Withdrawal requests are typically processed within 24 hours by HankoTrade.

HankoTrade offers the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. These platforms are available for desktop, mobile, and web trading.

No, HankoTrade operates without the oversight of financial regulators. Traders should be aware of the potential risks associated with trading on unregulated platforms.

HankoTrade's website has an FAQs section that covers some basic topics, but it lacks a dedicated educational section. Traders looking for comprehensive educational resources may need to seek external sources.

Some advantages include competitive spreads, negative balance protection, segregated funds, free deposits and withdrawals, fast execution, and real-time spread updates.

Disadvantages include withdrawals limited to cryptocurrencies, verification requirements for large withdrawals, a lack of educational resources, and the absence of regulatory oversight.

>>Visit the Official HankoTrade Broker Website<<

Real Customers Reviews

>>Visit the Official HankoTrade Broker Website<<

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