Hankotrade is a rapidly growing trading platform established in 2018 and headquartered in Dubai, UAE. It has gained popularity among traders worldwide. Renowned for its exceptional customer support and top-notch trading solutions, Hankotrade aims to offer a comprehensive trading experience.
What Trading Instruments Does Hankotrade Offer?
Hankotrade caters to traders of all levels by providing diverse trading instruments. These include CFDs, metals, Forex, and cryptocurrencies. With such a wide selection, traders can diversify their portfolios and maximize profit potential.
Are There Any Fees for Withdrawals with Hankotrade Broker?
No, Hankotrade does not impose any fees for withdrawals. Unlike many other brokers, they allow traders to withdraw funds from their trading accounts without charges. It’s important to note that while Hankotrade doesn’t charge withdrawal fees, banks or payment processors may have fees beyond the broker’s control. Traders should check with their respective institutions for any applicable withdrawal fees.
Another thing that distinguishes Hankotrade from other brokers is its swift processing of withdrawals. The funds are transferred to clients within a few hours.
Check out the following reviews by actual traders that appreciate the swift withdrawals of the broker:
Proof of Hankotrade Withdrawals
Also, check out the screenshot of updated withdrawals from real clients of Hankotrade:
What Spreads Does Hankotrade Broker Offer?
Hankotrade offers tight spreads, providing traders with a significant advantage. With the minimal difference between the bid and ask price, traders can execute trades at lower costs and potentially achieve higher profits. The spread for the STP account starts from 0.7 pips, while the ECN and ECN Plus accounts offer zero-spread trading, making Hankotrade one of the zero-spread Forex brokers in the market.
What are the Commission Charges of Hankotrade?
Hankotrade offers competitive commission rates to keep costs low for traders. STP account holders enjoy a commission rate of $0, which is ideal for minimizing expenses. For ECN account holders, the commission rate is $2 per side per $100k traded, which compares favourably to other brokers. Additionally, the ECN Plus account offers a commission rate of just $1 per side per $100k traded. Hankotrade’s commission rates provide traders with value for money.
Is Hankotrade a Regulated Broker?
Hankotrade holds a license from the FSA Seychelles, a trustworthy regulatory agency overseeing financial service providers in Seychelles. Although not regulated in America, the license ensures that Hankotrade operates fairly, transparently, and securely.
The broker prioritizes client fund and data protection, implementing strict security measures. Despite lacking regulation in the US, Hankotrade remains a reliable option for traders.
Is Hankotrade Suitable for Beginner Traders?
Absolutely! Hankotrade’s user-friendly interface and easy navigation make it a suitable platform for beginners. Complex trading platforms can be intimidating, but Hankotrade simplifies the process. Moreover, with a minimum deposit requirement of just $10, it is accessible to traders of all levels. The availability of a demo account allows beginners to practice trading with virtual funds before risking real money. Hankotrade is an excellent choice for those starting in trading.
Is It Safe to Trade with Hankotrade?
While no broker can guarantee 100% safety in the trading world, Hankotrade is a reliable and trustworthy option. Licensed by the Financial Services Authority (FSA) of Seychelles, it operates fairly, transparently, and securely.
The broker prioritizes client fund and data protection by implementing robust security measures such as SSL encryption, segregated client accounts, and adherence to anti-money laundering laws.
Traders should, however, remember that trading carries inherent risks, and it is essential to manage risks and employ effective trading strategies.
Does Hankotrade Offer any Rewards and Commission Programs?
Yes, Hankotrade offers two programs through which traders can earn extra cash and maximize their trading funds.
1. Earn a Commission with Hankotrade’s Referral Program
Hankotrade offers a referral program called “Introducing Forex Broker,” allowing traders to earn rewards for introducing new traders to the platform. By sharing a unique referral link with friends and family interested in trading, you can earn referral bonuses when they sign up and start trading. It’s a mutually beneficial opportunity for both you and your acquaintances.
2. Maximize the Value of Your Investments with Hankotrade’s 100% Sign-Up Bonus Program
Hankotrade’s bonus program is designed to enhance traders’ investment value. Through this program, traders can receive bonuses equivalent to their deposits. For instance, if you deposit $1,000, you may receive a $1,000 bonus. These bonuses can boost your trading capital and potentially increase profits. It is important to review the terms and conditions associated with bonus funds before participating in the program.
Enhance Your Trading Experience with Hankotrade’s Trading Tools
Hankotrade offers a variety of trading tools to elevate your trading experience.
- One notable tool is the Forex calculator, which assists in calculating pip values, margin requirements, and more. This tool proves invaluable for trade planning and risk management.
- Additionally, Hankotrade provides a virtual private server (VPS) that allows you to run your trading strategies 24/7 without keeping your computer on continuously.
- Lastly, the economic calendar provides up-to-date information on economic events and their potential impact on the markets.
These trading tools can improve your trading performance and facilitate more informed trading decisions.
Hankotrade Broker Review: Wrapping Up!
If you’re searching for a reliable online trading broker with enticing bonus programs and robust trading tools, Hankotrade may be the ideal choice. With a minimum deposit requirement of just $10 for the STP account, you can explore and experience the platform’s features firsthand. Don’t hesitate to explore Hankotrade and determine if it aligns with your trading needs.
