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Hankotrade review 2026

We reviewed Hankotrade across regulation, account entities, trading costs, platforms, markets, funding, support and user-reported issues. This review explains what is available, what requires caution and which traders the broker may suit.

UnregulatedHigh risk

Editorial review updated 26 August 2026 · Broker data checked 26 August 2026

Editorial score
7.1/10How we scored Hankotrade
User rating
No user ratings yet
Regulatory status
No licence on record
Country
Belize
Established
Established 2018
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Hankotrade may have a commercial relationship with 88 Forex Brokers. Paid placement is labelled separately and does not allow payment alone to determine the editorial score.

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We reviewed Hankotrade across regulation, account entities, trading costs, platforms, markets, funding, support and user-reported issues. This review explains what is available, what requires caution and which traders the broker may suit.

Quick verdict

Hankotrade offers 5 market groups and a choice of platforms and is strongest in trading costs and deposits and withdrawals. Its main drawbacks are the absence of any verified licence and no compensation scheme. Before opening an account, verify that you will be contracted with Hankotrade Global Markets Limited and understand the protections and limits that apply in Belize.

Our review is based on broker disclosures, regulatory records, platform research and available user information checked on 26 August 2026.

Is Hankotrade regulated?

We have not verified a current financial-services licence for Hankotrade Global Markets Limited. This means clients may have limited access to regulatory complaint channels, compensation arrangements or conduct protections.

Hankotrade lists its regulation as Unregulated.

How safe is Hankotrade?

The available evidence supports a high-risk assessment. Positive factors include negative balance protection and audited accounts (Not publicly disclosed). Risk factors include no verified licence and no compensation scheme. Regulation can improve oversight and complaint options, but it does not prevent trading losses or guarantee that every dispute will be resolved.

Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.

No compensation scheme covers this entity. If the firm fails owing you money there is no statutory fund to claim against, and what you get back depends entirely on what administrators recover.

Licence information last checked 26 August 2026

Hankotrade trading conditions

Trading conditions vary by account, platform, legal entity and client classification. The figures below reflect the latest information available to 88 Forex Brokers and should be confirmed before trading.

Spreads and commissions

Hankotrade advertises spreads from 0.0 pips on STP. The stated commission is $2 per side / $4 round turn, ECN. Typical or live pricing may be higher than the advertised minimum, particularly outside liquid trading hours or during volatile markets.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

Hankotrade lists a minimum deposit of $15. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Spread type
Variable
EUR/USD average spread
Approx. 0.1 pips, ECN
GBP/USD average spread
Approx. 0.3 pips, ECN
Commission
$2 per side / $4 round turn, ECN
All-in cost, EUR/USD
Approx. 0.5 pips

Leverage and margin

Maximum leverage is reported as 1:500, although the available limit depends on the account entity, instrument, client classification and local rules. Higher leverage increases both potential gains and losses and can lead to rapid account depletion.

Execution model

Hankotrade describes its execution model as NDD. The available information indicates an average execution speed of Fast/instant execution advertised; exact average not disclosed, order types of Market, limit, stop, stop-loss, take-profit and platform-specific pending orders and servers in Not publicly disclosed. Execution labels are not standardised across the industry, so review the order-execution policy and conflict disclosures rather than relying on a single term.

Trading rules

Expert advisers
Yes
Copy trading
Yes
Negative balance protection
Yes

Scalping, Hedging, Stop-out level and Guaranteed stop loss: the broker does not publish enough information for us to confirm this trading condition.

Hankotrade account types

Hankotrade offers 5 reported account types. Compare the minimum deposit, spread model, commission, platform and eligibility before choosing an account.

Hankotrade runs 5 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.

Base currencies: USD, CAD, EUR, AUD. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.

The smallest position is 0.01 lots. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.

A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.

STPECNECN PlusIslamicDemo

Minimum deposit
$15
Spreads from
0.0 pips
Commission
$2 per side / $4 round turn, ECN
Maximum leverage
1:500
Platforms
Proprietary platform
Base currencies
USD, CAD, EUR, AUD
Available markets
Forex, Metals, Commodities, Indices, Cryptocurrency CFDs
Minimum trade size
0.01 lots
Account opening time
Typically a few minutes

Demo account

A demo account is reported as available for testing the platform and practising with virtual funds. Demo pricing and execution may not match live conditions.

Islamic account

An Islamic or swap-free option is reported as available. Alternative charges, holding limits or eligibility conditions may apply.

Hankotrade fees and trading costs

The total cost of trading can include spreads, commissions, overnight financing, currency conversion, deposit or withdrawal charges and inactivity fees.

Advertised spreads start from 0.0 pips, but typical pricing may be higher.

The reported trading commission is $2 per side / $4 round turn, ECN.

Overnight financing applies to eligible positions at rates that can change.

The broker reports none internally for deposits.

The broker reports none for withdrawals of $50+; smaller withdrawals subject to a fee for withdrawals.

Spreads from
0.0 pips
Commission
$2 per side / $4 round turn, ECN
Overnight financing
Both: overnight swaps may be charged or credited
Deposit fee
None internally
Withdrawal fee
None for withdrawals of $50+; smaller withdrawals subject to a fee
Inactivity fee
Not confirmed
Currency conversion
Not publicly disclosed

Fees can change and may differ by entity, platform, account or payment method. Confirm the full schedule before opening or funding an account.

Trading platforms and apps

Hankotrade supports Proprietary platform. Availability can differ by account and legal entity.

Hankotrade offers HankoX Web, HankoX Mobile. A proprietary platform can be excellent, but it means your setup does not transfer if you later change broker.

Proprietary platform

Proprietary platform
Yes
Web platform
Yes
Mobile app
Proprietary, iOS and Android
Charting
Integrated technical charting and indicators
Third-party tools
Trading/charting technology integrated into HankoX
Server locations
Not publicly disclosed

Automated and copy trading

The broker reports support for expert advisers and automated strategies and copy trading. Automated strategies can fail, amplify losses or behave differently under changing market conditions.

The platform range is broad. Its main advantage is support for Proprietary platform; the principal limitation is the absence of MetaTrader 4 and MetaTrader 5.

Markets available through Hankotrade

The broker reports access to 100+ instruments across forex, metals, commodities, indices and cryptocurrency CFDs. Product availability depends on the account entity and platform.

Leverage up to 1:500 is available on this entity. High leverage does not increase your expected return - it increases position size for the same deposit, and shortens the move needed to close you out.

The product range is strongest for forex, metals and commodities. Traders seeking shares may need another broker.

ForexMetalsCommoditiesIndicesCryptocurrency CFDs

Markets, as published
Forex, Indices, Commodities, Metals, Energies, Cryptocurrencies
Total instruments
100+
Currency pairs
60+
Cryptocurrency CFDs
Yes

CFDs do not provide ownership of the underlying asset. Product terms, leverage and trading hours vary by market.

Deposits and withdrawals

Available funding methods include Bitcoin, Ethereum, Litecoin, Dogecoin, Bitcoin Cash, USDT, USDC, TrueUSD. Processing times, limits, fees and availability vary by country, currency and account entity.

Withdrawals are stated at Processed within 24 business hours, against Instant for deposits. A gap between the two is normal and not in itself a warning sign - identity checks are a legal obligation, not obstruction. What is worth noticing is a withdrawal that keeps meeting new conditions after those checks are done.

Withdrawal routes: cryptocurrency. Money is usually returned by the route it arrived on, so the deposit method you pick is in effect the withdrawal method you are picking too.

The minimum withdrawal is $50 for fee-free withdrawals - relevant if you intend to fund the account lightly, since it sets the smallest amount you can take out at a time.

Identity, payment ownership and source-of-funds checks may be required before a withdrawal is processed.

Deposit methods
Bitcoin, Ethereum, Litecoin, Dogecoin, Bitcoin Cash, USDT, USDC, TrueUSD
Withdrawal methods
Cryptocurrency
Deposit time
Instant
Withdrawal time
Processed within 24 business hours
Deposit fee
None internally
Withdrawal fee
None for withdrawals of $50+; smaller withdrawals subject to a fee
Minimum withdrawal
$50 for fee-free withdrawals
Local payment methods
No

Use a payment method held in your own name. The broker may reject third-party payments or require withdrawals to follow the original funding route.

Customer support

Hankotrade provides support through Live chat, email, phone, Skype/contact form during 24/5 trading support. Supported languages include English primarily.

Support runs 24/5 trading support. Round-the-clock cover matters more than it sounds: a position held over a weekend or through an unexpected halt is exactly when you need somebody to answer.

Reachable by live chat, email, phone, skype/contact form. A published telephone number is the one channel that is hard to fake and hard to ignore, so whether there is one says more than the number of channels does.

Languages: English primarily. Being able to raise a complaint in your own language is worth more than it appears, because complaints are where precision matters most.

Education: basic: faqs, platform/account guidance and trading information. Treat broker-published material as an introduction rather than as advice - it is produced by a firm whose revenue rises when you trade more.

Support channels
Live chat, email, phone, Skype/contact form
Support hours
24/5 trading support
Languages
English primarily
Telephone
Not confirmed
Email
support@hankotrade.com
Live chat response
Typically within minutes
Research and market analysis
Limited
Education
Basic: FAQs, platform/account guidance and trading information

Is Hankotrade a good broker?

Your decision should reflect your country, experience, preferred platform, trading costs and tolerance for financial and counterparty risk.

Hankotrade is best considered by

  • Traders who want raw spreads with a commission
  • Traders who want a small first deposit
  • Traders who want copy trading
  • Traders who want automated strategies
  • Traders who want high leverage

Consider another broker if

  • You require MetaTrader
  • You require a compensation scheme

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