What is Hankotrade?
Broker overviewHankotrade is an STP, ECN forex broker founded in 2019 and based in Seychelles. It offers forex currencies, cryptocurrency, commodities, indices, stocks, bonds, futures on MetaTrader 4, MT4 Desktop, MT4 Phone, MT4 Web.
Hankotrade is regulated by No. Its listed office is 7 Albert Street, Victoria, Seychelles.
This review explains what you actually get: how safe the broker is, what trading costs look like, how deposits and withdrawals work, what the Hankotrade bonus offers, and who the broker suits best.
- ✓Regulated since 2019 by No, with segregated client funds.
- $Cost to start: $10 minimum deposit and spreads from 0.0 pips.
- ⚡Flexible trading: leverage up to 1:500, hedging, scalping and news trading allowed.
- %Bonus: 100% Welcome Bonus, no no-deposit bonus.
Our short verdict
Hankotrade stands out for its No licence, a very low $10 minimum deposit and tight spreads from 0.0 pips. The main thing to watch: no no-deposit bonus.
More about Hankotrade
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Is Hankotrade safe and regulated?
Hankotrade is supervised by 1 authority. Our listing shows these licences:
| Regulator | Region | What it means for you |
|---|---|---|
| No | — | Licence listed for this broker. |
Client money is held in segregated accounts, separate from the company's own funds. Before you sign up, check which Hankotrade company will hold your account, because protection levels can differ between regions.
Hankotrade account types and trading conditions
These are the main trading conditions listed for Hankotrade. It offers Islamic, mini, VIP, managed accounts.
| Feature | Hankotrade |
|---|---|
| Minimum deposit | $10 |
| Minimum spreads | 0.0 pips |
| Max leverage | 1:500 |
| Execution | STP, ECN |
| VIP accounts | Yes |
| Mini accounts | Yes |
| Swap-free (Islamic) | Yes |
| Managed accounts | Yes |
| Free demo account | Yes |
| Strategies allowed | Hedging, scalping, news trading |
Hankotrade trading platforms
Hankotrade supports MetaTrader 4, MT4 Desktop, MT4 Phone, MT4 Web. MetaTrader 4 remains the favourite for forex and Expert Advisors.
Web and mobile trading
Web trading: Yes. Mobile trading: Yes. Markets available: Forex Currencies, Cryptocurrency, Commodities, Indices, Stocks, Bonds, Futures. The website is available in English.
Hankotrade deposit and withdrawal methods
Deposit methods are not listed for Hankotrade.
Accounts can be held in USD, EUR, CAD. Choosing the currency you deposit in avoids conversion fees. Your account must be verified (ID and proof of address) before the first withdrawal.
Hankotrade bonus and promotions
These are the promotions listed for Hankotrade:
Promotion offered by Hankotrade. Check the broker's terms for trading volume and withdrawal conditions.
Hankotrade's welcome offer for new clients. Check the broker's terms for trading volume and withdrawal conditions.
Hankotrade no deposit bonus: Hankotrade does not offer a no deposit bonus. See our up-to-date list of forex no deposit bonus offers. Every offer has volume and time conditions, so read the terms first.
Hankotrade pros and cons
Pros
- Regulated by No (since 2019)
- Very low $10 minimum deposit
- Spreads from 0.0 pips
- MT4, Web trading
- Hedging and scalping allowed
- News trading allowed
- Islamic, mini, VIP, managed accounts
Cons
- No no-deposit bonus
- Very high 1:500 leverage greatly increases the risk of loss
- Trading terms can differ by region and group entity
How to open an Hankotrade account
- RegisterClick "Visit Broker" and fill in your name, email, country and password.
- Verify your profileUpload a passport or ID card and a recent utility bill or bank statement.
- Choose an accountPick the account type, base currency and leverage that suit you.
- Fund and claim the bonusDeposit from $10 and opt in to the promotion if your region qualifies.
- Start tradingLog in to MT4, Web. Practise first on a free demo account.
Hankotrade customer support and contact
These are the contact details we have on file for Hankotrade:
Hankotrade review FAQ
Is Hankotrade a regulated broker?
What is the Hankotrade minimum deposit?
Does Hankotrade offer a no deposit bonus?
What is the maximum leverage at Hankotrade?
Which platforms does Hankotrade support?
Is Hankotrade good for beginners?
Final verdict: should you trade with Hankotrade?
Hankotrade scores 4.0 out of 5 in our review. Its strongest points are its No licence, a very low $10 minimum deposit and tight spreads from 0.0 pips. Keep in mind: no no-deposit bonus; very high 1:500 leverage greatly increases the risk of loss.
If your main goal is a free no-deposit bonus, Hankotrade is not the right fit. Compare it with other options on our best forex brokers page before deciding.