Hankotrade

Hankotrade is a forex and CFD broker offering MetaTrader platforms and flexible account options for trading currencies, indices, commodities, and crypto CFDs. The Hankotrade forex broker provides variable spreads, multiple funding methods, and straightforward market access in a clean, platform-focused setup.

Key facts

6/10
Our rating
#191
Trust rank
2018
Founded
236
Countries accepted
HeadquartersSaint Vincent and the Grenadines
Broker typeECN, STP
PlatformsMT4, MT5
InstrumentsCommodities, Cryptocurrencies, Forex, Indices
Fee levelLow

Updated

Pros

  • • Tight raw spreads from 0.0 pips
  • • Low commission ECN accounts
  • • High leverage up to 1:500
  • • MT4 and MT5 platforms supported
  • • Low minimum deposit
  • Cons

  • • Offshore, no Tier-1 regulation
  • • Crypto-only funding methods
  • • No investor compensation scheme
  • • No guaranteed stop-loss orders
  • • Limited instruments (no share CFDs)
  • Key Features

  • • ECN STP Execution
  • • MetaTrader 4 and MetaTrader 5
  • • High Leverage up to 1 500
  • • Raw Spreads and Low Commissions
  • • Scalping Hedging and EAs Allowed
  • • KYC and AML Compliance
  • How we review: We rate brokers on regulation, safety of client funds, trading costs, platforms and tools, execution, and reputation, using independent research and hands-on platform testing where possible. Partners cannot buy higher scores. This content is informational only, not investment advice.

    See our Methodology and Risk Disclosure for full details.

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    Frequently Asked Questions

    Hankotrade is an online broker that lets you trade forex and contracts for difference on assets like indices and commodities. You open an account, pick an account type, and place orders on desktop, web, or mobile platforms. Orders route to the broker's systems or outside firms, and you pay costs such as spreads, commissions, and overnight financing when due. Trading on margin carries high risk and is not suitable for everyone. This content is for general information only and is not financial, legal, or investment advice.

    Regulation depends on the specific company entity and your country. You can confirm claims by checking the broker's legal name, license details, and disclosures on its site, then verifying those details on the stated regulator's public register. Review how client funds are handled, complaint routes, and dispute options. Rules and protections differ by jurisdiction, especially for offshore setups. If anything is unclear, contact the broker for written confirmation and keep records. This is general information only, not financial, legal, or investment advice.

    You may face spreads, per‐trade commissions, overnight financing, and currency conversion charges. Third‐party fees can apply to deposits or withdrawals. Costs vary by account type, platform, and instrument. Review the fee schedule, terms, and examples of how rates are calculated in the client area before you place orders. If a demo is offered, you can test execution and see how fees accrue without risking live funds. Fees can change, so always check the latest information. This is general information only.

    You can fund your account using supported methods such as bank transfer, cards, or approved digital payment services. Start a request in the client portal, follow the steps, and complete any security checks. For withdrawals, use the same or an eligible method in your name. Processing depends on verification status and the method used. Third‐party providers may charge their own fees. Confirm method availability, name matching rules, and estimated time frames with the broker before sending funds. This content is general information and not advice.

    Start an online application, enter your personal details, set login credentials, and choose an account type. To enable live trading, complete identity and address checks by uploading clear, valid documents. The broker may ask about your trading experience to meet suitability requirements. Keep your contact details current so you receive updates and requests. Processing can vary based on document quality and workload. Only use your own payment accounts for funding. This information is general in nature and not financial, legal, or investment advice.

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