Is Hankotrade the Right Broker for You in 2024?
Hankotrade is an online trading brokerage firm that enables global traders to access and trade various financial markets and instruments. Established in 2018, the company has swiftly built a reputation for offering favorable trading conditions, an intuitive trading platform, and responsive customer support services.
This comprehensive review aims to thoroughly assess and examine the array of features and services provided by Hankotrade Broker to traders worldwide.
Hankotrade Licensing and Regulation
Obtaining a license from a regulatory authority is a crucial requirement for online brokers, as it adds an essential layer of security and protection for traders.
Hankotrade is a well-established and trusted brokerage firm that is registered with and licensed by the Financial Services Authority (FSA) of Seychelles. The FSA is an independent regulatory body responsible for overseeing and regulating the financial services sector within the Seychelles jurisdiction.
By holding a license from this reputable regulatory agency, Hankotrade demonstrates its commitment to adhering to stringent operational standards, financial transparency, and client asset protection measures, thereby fostering confidence and trust among its global client base.
Hankotrade Account Types
Hankotrade Broker provides a diverse range of account options to cater to the varying needs and preferences of its client base. The available account types include:
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STP Account
This is a commission-free account that grants unrestricted access to financial markets. With a low minimum deposit requirement of $10, the STP account is well-suited for novice traders seeking to safeguard their accounts from negative balances. Trading spreads on this account commence from 0.7 pips.
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ECN Account
The ECN account is characterized by its zero-spread feature, enabling traders to enhance their profit margins and more accurately forecast projected revenues.
A minimum deposit of $100 is required to open an ECN account, allowing traders to swiftly modify positions as currency market spreads fluctuate without concerns of additional losses.
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ECN Plus
Hankotrade’s ECN Plus account is equipped with ultra-premium features, presenting an optimal solution for traders seeking a rapid, user-friendly, and secure platform to trade stocks, options, futures, and commodities. This account offers leverage up to 1:500, permitting traders to execute larger trades with limited funds. The ECN Plus account charges a commission of $1 per side per $100k traded, with a spread of 0.0 pips.
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Islamic Swap-Free Account
To accommodate Muslim traders and investors, Hankotrade provides a swap-free Islamic account that incorporates the benefits of the accounts mentioned above while eliminating the need to pay swap fees.
Hankotrade 100% Deposit Bonus
Hankotrade Broker presents an attractive opportunity for traders to augment their trading account funds through its 100% deposit bonus offer.
To claim this bonus, traders need to deposit funds in Bitcoin, Ethereum, Litecoin, or Dash into their account, with a minimum deposit of $100 required to qualify for the 100% bonus.
After making the deposit, traders must verify their account and then redeem the 100% deposit bonus.
Hankotrade Introducing Broker Program
Hankotrade has introduced an Introducing Broker program, which is a referral-based scheme designed to incentivize traders to recommend brokerage services to friends and acquaintances. Individuals who enroll in this program can earn bonus profits whenever their referred clients initiate trades and generate profits.
Hankotrade offers a highly competitive referral commission rate of 40% of the total commission charged to the referred clients, distinguishing itself from many other brokers in the market. This program presents a lucrative opportunity for traders to earn additional income by sharing their positive experiences with Hankotrade and encouraging others to join the platform.
Hankotrade Trading Platform
Hankotrade offers traders a convenient and accessible web-based trading platform called Hanko ActTrader. This platform can be accessed directly through any web browser at https://trade.hankotrade.com/, eliminating the need for software downloads.
Hanko ActTrader is designed to provide a seamless trading experience across various devices, including desktops, tablets, and mobile phones, enabling traders to execute trades anytime, anywhere with an internet connection.
The Hanko ActTrader web application boasts a comprehensive suite of cutting-edge features and a user-friendly interface, catering to traders of all experience levels. This powerful platform aims to empower traders by providing the necessary tools and resources to make informed trading decisions.
Hankotrade Web Trader for Mobile Devices
One of the key advantages of Hanko ActTrader Web is its responsiveness and adaptability to different screen sizes. The platform automatically adjusts its layout and user interface to provide an optimal viewing experience, whether accessed from a desktop computer, tablet, or mobile phone.
This web-based design eliminates the need for separate application downloads or visits to app stores, ensuring instant access from any device with an internet connection.
For mobile traders seeking on-the-go access, Hankotrade’s Hanko ActTrader Web offers a convenient and efficient solution. Unlike traditional mobile trading apps that require separate downloads for Android and iOS devices, Hanko ActTrader Web operates entirely within a web browser.
How to Add Hankotrade ActTrader to Your Mobile Home Screen?
For enhanced accessibility and convenience, Hankotrade provides simple instructions on how to add the Hanko ActTrader web application to the home screen of both Android and iOS mobile devices, creating a shortcut for quick access directly from the device’s home screen.
Android Device Instructions
1. Open your preferred mobile web browser (e.g., Chrome) and navigate to trade.hankotrade.com.
2. Once the page fully loads, tap the three vertical dots located in the top-right corner of the browser.
3. From the menu, locate an option such as “Add to home screen” or “Create shortcut.”
4. If prompted, enter a preferred name for the shortcut (e.g., Hankotrade Web App) and confirm.
5. An icon representing the Hankotrade ActTrader web application should now be visible on your Android device’s home screen, providing easy access.
iOS Device Instructions
1. Open the Safari web browser and navigate to trade.hankotrade.com.
2. After the page fully loads, tap the “Share” icon, typically represented by a square with an upward-pointing arrow located at the bottom of the screen.
3. In the share sheet, look for an option such as “Add to Home Screen” or “Create shortcut.”
4. If prompted, enter a preferred name for the shortcut (e.g., Hankotrade iOS App) and confirm.
5. An icon representing the Hankotrade ActTrader web application should now be visible on your iPhone or iPad’s home screen, allowing for quick and convenient access.
You can follow this video tutorial to create a dedicated shortcut on your mobile device’s home screen, granting seamless access to the Hanko ActTrader web application and enabling efficient monitoring and management of their trading activities while on the go.
Hankotrade Deposits and Withdrawals
Hankotrade demonstrates its commitment to providing a secure and reliable payment system by supporting multiple cryptocurrencies for its client’s transactions. The brokerage firm accepts a diverse range of digital currencies, including Bitcoin, True USD, Gemini USD, Dash, Litecoin, Ethereum, USDC, Eos, and Z Cash.
Hankotrade focuses on ensuring smooth and efficient cryptocurrency payment processing for its clientele. This approach reflects the company’s ability to adapt to the ever-evolving financial landscape and cater to the growing demand for cryptocurrency-based services within the trading industry.
Withdrawal Proof: Screenshot of Withdrawal Emails Shared by Real Hankotrade Traders
Hankotrade Customer Ratings and Reviews
Online broker reviews are a valuable resource for traders because they offer insights beyond what the broker itself might advertise.
Reviews can reveal real user experiences, both positive and negative. This can help you understand the broker’s customer service, the reliability of their trading platform, and how they handle issues.
Moreover, Reviews can highlight areas where a broker excels. This is helpful for traders to find a broker that caters to their specific trading style and needs, such as offering commission-free trades or advanced charting tools, etc.
Check out the following customer reviews of Hankotrade from some of the top-tier review portals. The customers have vouched for Hankotrade’s services and its competitive trading environment.
Customer Reviews on Sitejabber.com
Customer Reviews on Slashdot
Customer Reviews on BrokersView
Customer Reviews on FX-List
Customer Reviews on TrustRecap
Is Hankotrade the best broker for you in 2024?
Hankotrade offers a variety of features that may appeal to traders, including a user-friendly platform, multiple account types, and a 100% deposit bonus.
Do your research!
Explore Hankotrade’s website, read the terms and conditions, and consider testing the platform with a small deposit in their STP account ($10 minimum) or their demo account.
