Hankotrade is a trading brokerage firm established in 2018. From the start, Hankotrade aimed to provide traders with a unique, competitive, and user-friendly platform. The broker offers a range of trading products, including CFDs on indices, forex currency pairs, commodities, and cryptocurrencies.
In this review, we’ll take a comprehensive look at what Hankotrade offers traders, examining its features and services. This will allow you to gauge if Hankotrade could be the right platform to take your trading experience to the next level.
Hankotrade Trading Account Options
Hankotrade offers traders four different account types to choose from: STP, ECN, ECN Plus, and Islamic accounts. The minimum required deposit amount varies across these account types, as do the specific features and benefits.
- STP Account
The STP account has a low $10 minimum deposit requirement. It provides spreads from 0.7 pips, with a maximum leverage of 1:500 and negative balance protection. The minimum trade size is 0.01 lots, and there are no commission fees charged.
- ECN Account
For the ECN account, a $100 minimum deposit is needed. Spreads start from 0.0 pips, with 1:500 maximum leverage, negative balance protection, and 0.01 minimum lot size. A $2 commission is charged per $100k traded.
- ECN Plus Account
The ECN Plus account requires a $1000 minimum deposit. It offers spreads from 0.0 pips, 1:500 maximum leverage, negative balance protection, 0.01 minimum lots, and a lower $1 commission per $100k traded.
- Islamic / Swap-Free Account
Hankotrade also provides an Islamic swap-free account option tailored for Muslim traders to comply with Sharia principles by not charging overnight swap fees.
Hankotrade’s Trading Platform: ActTrader Web
Hankotrade provides the powerful ActTrader Web trading platform to its clients, designed to elevate their trading experience.
ActTrader is a highly respected platform favored by professional traders and institutions for its robust features, speed, and flexibility. Built on the high-frequency ActTrader foundation capable of handling over 100 ticks per second per instrument, Hankotrade’s version adds customization and dedicated support to cater to individual trading styles and preferences.
Hanko ActTrader Web Application
Traders can access the robust ActTrader Web platform directly through their web browser on any device, anytime, by visiting https://trade.hankotrade.com/. No special applications or downloads are required.
This efficient platform aims to provide a competitive trading environment packed with cutting-edge tools for better-informed decisions. Key features include:
- Lightning-Fast Execution
Processing over 100 ticks per second ensures smooth, reliable trade execution to capitalize on fleeting opportunities.
- Personalized and Organized Workspace
Traders can craft their ideal layout by combining charts, data feeds, and alerts and saving multiple workspace setups tailored to different strategies.
- Deeper and Better Market Insights
With 11 timeframes, more technical indicators/tools than MetaTrader, and comprehensive charting/backtesting, traders can identify setups and refine strategies with precision.
- Risk Management Tools
Execute trades swiftly with pre-built order templates and test scenarios using accurate P/L estimates before risking capital.
- Strategy Automation
Build and automate trading strategies visually using the strategy editor; no coding is required.
Hanko ActTrader Web Trader for Mobile Trading
Hankotrade has made it easy for traders to access their accounts from mobile devices on the go. The Hanko ActTrader web platform is fully compatible with both Android and iOS mobile browsers, providing the same efficient functionality as the desktop version.
With a streamlined mobile experience matching desktop power, traders can conveniently access ActTrader Web on the go.
Adding Hanko Acttrader Web Platform On Mobile Home Screen
One of the best features is the ability to add the ActTrader web app directly to your mobile home screen for quick, app-like access.
Here’s how you can add Hanko ActTrader Web Trader on your mobile home screens in no time:
With just a couple of taps, traders can create a handy home screen shortcut that launches the whole ActTrader web platform. This streamlined mobile experience allows you to monitor markets, place trades, and manage your account seamlessly from your smartphone or tablet, just like using a native app.
Hankotrade Deposits and Withdrawals
Hankotrade accepts account deposits and processes withdrawals via cryptocurrency for swift transactions. The broker strictly adheres to their zero-fee policy on deposits and withdrawals.
Hankotrade processes all transactions in a couple of hours. This swiftness on their part ensures that clients can fund their accounts and begin trading the same day. Similarly, all the requested withdrawals are credited into the client’s personal accounts in 4 to 5 hours.
Proof of Hankotrade Withdrawals: Screenshots of Withdrawal Update Emails
The following screenshots are shared by the real clients of Hankotrade, which serve as solid evidence of the broker’s commitment and transparency to transactions pertaining to the trader’s account.
Hankotrade Trading Bonuses and Rewards
100% Deposit Bonus
Hankotrade offers an attractive 100% deposit bonus for new clients opening a trading account. This bonus essentially doubles a trader’s initial deposit amount, providing more capital to trade with.
For example, if a new client deposits $500, they will receive an additional $500 bonus, giving them a total of $1,000 in trading funds. This bonus allows traders to increase their position sizes and take advantage of more trading opportunities right from the start.
Introducing Broker Program
In addition to its regular services, Hankotrade has an “Introducing Broker” program that incentivizes existing clients to refer new traders to the platform. Under this program, clients can become sub-brokers and market Hankotrade to people in their network.
By doing so, they can earn commissions on any new traders they successfully refer and get signed up. This provides an opportunity for Hankotrade’s clients to potentially earn extra income while also introducing their friends and contacts to a reputable trading broker.
Visit https://hankotrade.com/ib to become an Introducing Broker today!
Hankotrade Customer Reviews 2024
When considering a forex broker to entrust with your capital, it’s valuable to look at feedback and testimonials from existing clients. In the case of Hankotrade, the overwhelming majority of client reviews suggest it is a legitimate and reputable broker.
Client satisfaction with Hankotrade’s services seems to be high, as highlighted by the positive reviews found on major review websites and platforms. Traders frequently praise Hankotrade’s competitive trading features, the vast array of trading tools it offers, and responsive customer support.
Customer Reviews on TrustRecap
Hankotrade Reviews on Reviews.io
Customer Reviews on Sitejabber
Customer Reviews on BrokersView
Customer Reviews on Fx-List
The Verdict
Overall, Hankotrade appears to be a well-rounded and reputable brokerage firm that provides a compelling trading experience for its clients. With a robust trading platform packed with advanced tools and customization, traders can craft an ideal workspace to suit their strategies and styles.
While no broker is perfect, the overwhelmingly positive client testimonials and reviews highlight Hankotrade’s commitment to delivering a competitive and transparent trading environment. For traders seeking a trusted, feature-rich broker, Hankotrade stands out as a solid choice for consideration based on this comprehensive review of its services and trader-first approach.
With valuable tools, trading resources, and a powerful platform at their fingertips, Hankotrade equips traders with what they need to confidently navigate the markets.
