Is Hankotrade Broker Your Ultimate Deal Breaker in 2023?

Introduction to Hankotrade

The first thing to cover in this review is Hankotrade Broker’s origin and purpose behind its platform.

Hankotrade is a team of professionals that provides their traders with the best trading opportunities in the trading market while building a healthy ecosystem around them. As per Hankotrade’s website, they provide the lowest spreads to their traders to enjoy maximum profits without any exploitation.

Furthermore, Hankotrade offers its traders a broad and exciting variety of trading opportunities. As traders can now trade around 62 currency pairs worldwide with Hankotrade Forex broker, opportunities in the commodities market, CFD indices, and hundreds of cryptocurrencies, it’s just the tip of the iceberg. Hankotrade has a lot more to offer.

Trading Experience with Hankotrade

Hankotrade offers various trading tools, making trading more accessible and convenient. It enables traders to carry out complex analyses without any external tools. Everything can be found under one roof, from market analysis to economic conditions.

1. VPS

To avail of the virtual private server, users must fill up the form provided in the VPS section. VPS tool ensures a smooth trading experience for traders without any interruptions.

2. E-calendar

Hankotrade ensures it is equipped with market standard tools to inform its traders about the latest economic conditions affecting the trading market.

E-calendars act like fundamental indicators for traders to be well aware of their next move. All the latest news and updates regarding the trading market can be found in this E calendar.

3. FX Calculator

For those traders who prefer Forex markets always need calculators. Hankotrade Fx calculator provides 4 different types of calculators to traders.

• Commission calculator

• Margin calculator

• Pip calculator

• Swap calculator

Trading Fees of Hankotrade Broker

Hankotrade Forex broker works on a commission-based model. This means trading fees vary on their platform from one account type to another.

However, it is essential to note that Hankotrade has a no-fee policy for deposits and withdrawals. You can freely deposit and withdraw your amount without paying an extra dime to the broker. Also, they are swift at withdrawal requests requiring only 24 hours to process the transaction.

Hankotrade has 3 account types: STP, ECN, and ECN PLUS. Let’s discuss the commission charges of Hankotrade brokers concerning different account types.

1. STP

STP account is a commission-free account that can be opened with a minimal deposit of $10 With pips from 0.7.

Moving on to the second account type:

2. ECN

The commission charged on the ECN account is $2 per side per $100K traded. ECN requires a minimum deposit of $100 to open.

Next, we will talk about the account with the lowest commission and tight spreads.

3. ECN Plus

The lowest commission rates can be availed in ECN plus account, which is $1 per side per $100k traded. ECN Plus requires a minimum deposit of $1000 to open.

Hankotrade also ensures that it enables people from different places and faiths to trade using its platform. For that, Hankotrade has introduced a commission-free account for its Muslim traders.

Moreover, traders can also avail of demo accounts to backtest their strategy or simply learn how to trade without putting their actual money at stake.

Exclusives Rewards and Bonuses for Traders

Hankotrade provides exclusive offers and promotion bonuses to its traders to gain their trust and maintain a healthy trading ecosystem. These exclusive offers are:

1. 100% Bonus

Traders can earn up to a 100% deposit bonus on their first deposit of a minimum of $100. Once you have completed your deposit, the broker will automatically transfer the bonus amount into your wallet.

Traders can use the bonus as an additional margin to expand their trading fund and open bigger and better positions.

2. Referral Commissions

Another fantastic earning opportunity for traders is through ‘Introducing Forex Broker,’ a referral program. Traders can earn up to 40% commission on the total amount traded by your referral client.

Visit https://hankotrade.com/ib to learn more about this program.

How Long Does Hankotrade Take to Process Withdrawals?

Hankotrade prioritizes quick processing of withdrawals so that the clients don’t have to wait for their funds. Traders receive their requested amount in their accounts within 5 to 6 hours. According to Hankotrade’s website, the broker doesn’t take more than 1 day to process and transfer funds.

Proof of Withdrawal Shared by Actual Traders

Look at the screenshots shared by the actual traders of their withdrawal emails. These emails prove that Hankotrade transfers money and doesn’t scam people.

What Are Traders’ Opinions About Hankotrade?

Since investing is risky, asking for others’ opinions is always good. Still, sometimes these opinions can be biased and unnatural, so it’s essential to look for a source where you can find a neutral audience. Trustpilot.com seems to be the place to go for authentic user reviews.

According to the trust pilot website, Hankotrade Broker has almost a 4.8 rating out of 5, which is considered safe for your investments. You can take a look at other reputable forums to read more transparent and honest Hankotrade broker reviews.

Take a look at some of the reviews shared by traders about Hankotrade:

Hankotrade Customer Reviews On Trustpilot.com

Hankotrade Customer Reviews On Sitejaber.com

Hankotrade Customer Reviews On Slashdot.org

Hankotrade Customer Reviews On Fx-list.com

Hankotrade Customer Reviews On Forbino.com

Customer Service

One of the best and favorite features of Hankotrade brokers is their customer service. Traders are well satisfied with the customer service of Hankotrade brokers. They have live chat support for your assistance every second of the clock. Also, you can contact them through their contact from the page for a more detailed answer.

Moreover, you can find answers to some common questions in the FAQ section of the broker’s website.

Does Hankotrade Allow EAs On Its Platform?

The trading conditions defined by Hankotrade allow its users to freely use EAs on its platform, along with scalping and hedging without any trouble.

Conclusion

With all the information provided above, we have done all from our side, leaving the results to your understanding if you want to give Hankotrade broker a try or not. We encourage you to visit Hankotrade broker’s website and review their policies, terms, and conditions.

You can also conduct your investigation about the broker to be 100% satisfied before trusting them and signing up with them for your trading journey.

If you have any questions about this review, please share them in the comments below. We will respond at our earliest.