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Hankotrade

Belize | 5-10 years |
Suspicious Regulatory License | Regional Brokers | High potential risk

https://hankotrade.com/

Website

Rating Index

Influence

Influence

B

Influence index NO.1

United States 7.91
Surpassed 15.30% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

support@hankotrade.com
https://hankotrade.com/
Blake Building, Corner Houston & Eyre Street, Belize City, Belize

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
2025-05-06
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Belize
Operating Period
5-10 years
Company Name
Hankotrade Global Markets Limited
Customer Service Email Address
support@hankotrade.com
Company Website
Company address
Blake Building, Corner Houston & Eyre Street, Belize City, Belize

iamjayylopezz

Philippines

opened a demo account on Hankotrade yesterday and today I noticed manipulated MT4 chart in the 1 minute timeframe. The first chart is from Hankotrade .. look at all those green candles.. The one below is from LQDFx ..Even a toddler will know that the Hankotrade chart is cooked. STAY AWAY FROM HANKOTRADE

Exposure

2021-08-27

Mayaz Ahmad

Bangladesh

They charge high swap fees, high spreads, severe slippage and place order slow and far away from the bid.

Exposure

2021-08-17

Mayaz Ahmad

Bangladesh

A client has lost a lot $ from his account and this broker has blamed the client for it instead of admitting it themselves. The client claims he had a terrible experience with this broker.

Exposure

2021-07-11

ChristopheS

France

The customer service at HankoTrade is accommodating and polite. They've met all my requirements, and I'm quite pleased with the service. Overall, everything is good.

Positive

2023-12-17

Gilbert Heb

Germany

I traded with HankoTrade a while back and I'm still impressed. Their trading platform is the generic MT5/MT4 which okay ,but the edge they have is that orders are executed rapidly, and their customer service is top-notch.

Positive

2023-11-06

Andree770

Germany

An area where HankoTrade really stands out is the MT5 Trading Platform, which offers a range of additional order types. I've found the Buy Stop-Limit and Sell Stop-Limit orders to be particularly useful in managing my trades.

Positive

2023-10-15

Ewald

Canada

HankoTrade is a bit of a mixed bag. While the MetaTrader 5 Bitcoin Account and the commodity/energy pairs provide a great deal of flexibility and potential.The Forex spreads are generally tight, and the platform is user-friendly. HankoTrade provides a decent trading experience, but it's essential to be aware of the potential risks like latency and slippage.

Positive

2023-08-24

Blaise

Canada

there are no transaction costs. This allows me to hold positions in currency pairs such as GBPUSD and CHFJPY for days, without worrying about transaction costs eating into my gains.

Positive

2023-05-24

RosarioD

France

I have to give a shoutout to Hanko Trade's support team. They've been helpful and responsive throughout my time trading with them, which has made my experience that much more enjoyable.

Positive

2023-04-23

一个好运的人

Malaysia

Hankotrade is the only place where without ant any interference you trade. A straightforward way to trade. Deposit is very easy at first it used to take some time now they have changed the methods also there is help in hand everyone is very efficient. Though I haven't made any withdrawals because I am very new to trading I keep losing money which is my problem. I am sure withdrawal will be as easy as a deposit.

Positive

2023-02-16

FX1188641415

United States

The various trading conditions offered by this company are really attractive, but I think the most important thing is safety! What's the point of having other trading terms if you've been scammed out of your money?

Positive

2022-12-20

王权富贵

Ecuador

Hankotrade does not speak Spanish and I have seen people say that it is a scam. To be safe, I would not invest here.

Positive

2022-12-16

12
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Official website

Website

  • hankotrade.com

    Server Location

    United States

    Website Domain Name

    hankotrade.com

    Server IP

    67.225.220.141

Company Summary

HankotradeReview Summary
Founded2019
Registered Country/RegionBelize
RegulationNo regulation
Market InstrumentsForex, Indices, Commodities, Crypto
Demo Account
LeverageUp to 1:500
SpreadFrom 0.7 pips (STP account)
Trading PlatformHankoX
Min Deposit$10
Customer SupportContact form
Live chat
Instagram
Email: support@hankotrade.com

Hankotrade Information

Hankotrade is an unregulated broker, offering trading on forex, commodities, indices and cryptocurrencies with leverage up to 1:500 and spread from 0.0 pip on HankoX trading platform. The minimum deposit requirement is $10.

Hankotrade Information

Pros and Cons

Pros Cons
Tight spreadsNo regulation
With demo accountNo MT4/MT5 platform
Low minimum deposit requirementFew contact channels

Is Hankotrade Legit?

No. Hankotrade currently has no valid regulations. Please be aware of the risk! It provides negative balance protection.

Is Hankotrade Legit?

What Can I Trade on Hankotrade?

Tradable Instruments Supported
Forex
CFDs
Commodities
Indices
Cryptos
ETFs
Bonds
Stocks
What Can I Trade on Hankotrade?

Account Type

Here are four account types Hankotrade offers:

Account TypeMin Deposit
STP$10
ECN$100
ECN Plus $1000
Demo account
Islamic Account
Account Type
Account Type
Account Type
Account Type

Leverage

The broker offers max leverage at 1:500. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

Hankotrade Fees

Account TypeSpreads Commission
STPFrom 0.7 pipsNo
ECNFrom 0.0 pips$2 per side per $100k traded
ECN Plus From 0.0 pips$1 per side per $100k traded

Trading Platform

Trading PlatformSupported Available Devices Suitable for
HankoXWeb/
MT4/Beginners
MT5/Experienced traders
Trading Platform

Deposit and Withdrawal

Hankotrade does not have any charges on deposits and/or withdrawals for its clients. The broker accepts payments via Ethereum, Stellar, Litecoin, Bitcoin, Theta, Dfinity,etc. Deposit and withdrawal are zero.

Hankotrade processes all withdrawals within one working day on business days.

Deposit and Withdrawal

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Regional Brokers
  • High potential risk

News

HankoTrade Case Review

Exposure HankoTrade Case Review

Recently, WikiFX has unleashed two articles about HankoTrade and its possible downfall. In this article, we are connecting the clues to help you better understand this broker.

2023-12-14 11:21

Alert: HankoTrade Facing Possible Downturn

Exposure Alert: HankoTrade Facing Possible Downturn

Amidst an unsettling climate in the online trading community, HankoTrade, a prominent trading platform, has become the subject of intense scrutiny. Recent reports and discussions on social media point to allegations of price manipulation, a critical issue in the digital trading world. These allegations, if true, could undermine the trust and integrity crucial to online trading platforms.

2023-12-13 08:30

Alert: The Rising Issues of HankoTrade

Exposure Alert: The Rising Issues of HankoTrade

The risk of HankoTrade when investing has been rising recently. Issues of being unable to withdraw funds, price manipulation, and accounts suddenly closing

2023-11-29 17:56

WikiFX Review: Is Hankotrade an Attractive Broker Or Just Another Scam?

News WikiFX Review: Is Hankotrade an Attractive Broker Or Just Another Scam?

Hankotrade is a forex broker offering a series of financial instruments to its clients. Is this broker OK to invest in? WikiFX intends to tell you more about this broker that you may not know before.

2022-08-30 17:02

BANKS CURB FX ACCESS AS RESERVES FALL TO A SEVEN-MONTH LOW

News BANKS CURB FX ACCESS AS RESERVES FALL TO A SEVEN-MONTH LOW

The country's external reserves fell to $38.57 in billion as of May 25, 2022, a seven-month low, according to information acquired from the Central Bank of Nigeria. According to results, as scarcity bites deeper, the country's external reserves necessary to safeguard the naira's value are pushing banks to restrict access to foreign currency to visitors and other authorized users.

2022-06-16 16:44

Guide on how to trade bullions in the forex market today

News Guide on how to trade bullions in the forex market today

Bullions refer to highly volatile pairs such as Gold and Silver. Given the fact that the US dollar has been pegged against these two pairs, any trader who wants to make profits while trading the bullions will have to pay close attention to the dollar index. This is because the bullions move in opposite directions to the US dollar. A strong dollar index will impact the Bullions negatively and vice-versa.

2022-06-07 13:53

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