Hankotrade is a multifaceted online broker offering access to a wide range of assets such as Forex, commodities, CFDs, indices, and cryptocurrencies.
Hankotrade Review
ADVERTISEMENT
What sets Hankotrade apart is its unique origin. Unlike other brokers founded solely by financial professionals, Hankotrade was established by a team of experienced traders. This distinctive background gives the platform valuable insights into the specific needs of active retail traders. The team’s core commitment is to continually enhance the trading experience, drawing from their hands-on understanding of the market.
Operating as Hankotrade Global Markets Limited (Reg. Number - HY00623013), the company is headquartered at P.B.1257 Bonovo Road, Fomboni Island of Mawali (Moheli) KM (Comoros Union). Additionally, its physical office is located at the Citadel Tower, Office Number - 2802, Business Bay, Dubai, UAE.
Compliance with FSA Seychelles
Hankotrade complies with the Financial Services Authority (FSA) of Seychelles, demonstrating its commitment to regulatory standards. This regulatory adherence underscores Hankotrade’s dedication to providing a secure and transparent trading environment for all users. It ensures that traders can trust the platform’s integrity and focus on their trading goals with confidence.
Top 6 Major Reasons That Set Hankotrade Apart in The Market
Selecting the right trading platform is crucial for traders of all levels. Whether you are a novice dipping your toes into the trading world or an experienced professional seeking advanced tools, the features offered by a broker play a significant role in your trading success. In this section, we’ll delve into the key features that set Hankotrade apart from its competitors, making it a top choice for traders worldwide.
1. Minimum Deposit Requirement
One of the standout features of Hankotrade is its exceptionally low minimum deposit requirement. For many traders, especially beginners, the initial deposit can be a significant concern. Hankotrade addresses this by offering a minimal minimum deposit, making it accessible to a broad range of traders. This feature is particularly advantageous for those who are just starting and want to test the waters before committing larger sums.
The following is the breakdown of the deposit requirement for each trading account:
- STP Account: $10
- ECN Account: $100
- ECN Plus Account: $1,000
Moving on to the 2nd reason that distinguishes Hankotrade from other brokers in the market.
2. Minimal Commissions and Spreads
Trading costs can eat into your profits, which is why Hankotrade’s commitment to minimal commissions and spreads is noteworthy. The broker strives to keep trading expenses low for its clients, allowing them to retain more of their earnings. Whether you are engaged in Forex, commodities, CFDs, indices, or cryptocurrencies, you’ll appreciate Hankotrade’s competitive pricing structure.
The following is the breakdown of the commission and spread charges in each trading account:
● STP Account
Spreads begin from 0.7 pips with $0 commission.
● ECN Account
Spread-free account with commission charges starting from $2 per side per 100K traded
● ECN Plus Account
Spread-free account with commission charges starting from $1 per side per 100K traded
Up next, on number 3, we will talk about:
3. 100% Deposit Bonus
Hankotrade goes the extra mile to reward its traders with a generous 100% deposit bonus. This bonus effectively doubles your initial deposit, providing you with additional margin to explore the markets. While bonus offers can vary among brokers, Hankotrade’s 100% deposit bonus stands out as a compelling incentive for traders to choose this platform. It not only boosts your trading potential but also demonstrates Hankotrade’s commitment to supporting its clients.
Moving forward, on number 4, we now have:
4. Referral Bonus
In addition to the enticing deposit bonus, Hankotrade offers a referral bonus program that allows you to earn rewards by referring friends and acquaintances to the platform. This feature empowers traders to grow their network while reaping the benefits of successful referrals. The referral bonus reflects Hankotrade’s recognition of the value its clients bring to the platform and encourages them to share their positive experiences with others.
Finally, the last solid reason for Hankotrade’s popularity is it’s:
5. Proactive Customer Service
Exceptional customer service is a hallmark of Hankotrade. While many brokers claim to prioritize customer support, Hankotrade goes the extra mile to deliver a proactive and responsive service. The broker understands that traders may encounter issues or have questions at any time, which is why its support team is available 24/5. Whether you need assistance with account setup, have inquiries about trading instruments, or require technical support, Hankotrade’s dedicated team is ready to assist.
The following are some of the top reviews on Hankotrade’s amazing customer service.
Hankotrade Customer Reviews on Sitejabber
Hankotrade Customer Reviews on Forbino
Hankotrade Customer Reviews on FX-List
6. Efficient Withdrawals
Hankotrade understands the importance of swift and efficient withdrawals in the trading world. Traders appreciate the ease and speed with which they can access their funds. It’s one of the reasons why Hankotrade stands out among its peers. Whether you’re reinvesting profits or transferring funds, the quick and hassle-free withdrawal process at Hankotrade is a true asset for traders.
Proof of Hankotrade Withdrawals
Scams and fraudulent activities, unfortunately, are quite common in the trading world. Many new traders are concerned about their assets and their safety when onboarding a new broker. Hankotrade understands that it is natural to be fearful of your money; thus, the broker prioritizes quick and efficient withdrawals through cryptocurrency.
The following are the screenshots of the withdrawal update emails shared by the satisfied traders of Hankotrade. These emails serve as robust proof of the broker’s legitimacy and its commitment to providing top-notch services to its clients.
What Does the Trading Community Say About Hankotrade?
In short, traders appreciate Hankotrade for its user-friendly platform, efficient withdrawals, transparent policies, responsive customer support, and crypto-friendly approach. It’s a platform that resonates with traders of all levels.
We have attached some of the top Hankotrade reviews from credible websites to provide you with a glimpse of what the trading community thinks about Hankotrade brokers.
Hankotrade Customer Reviews on Slashdot
Hankotrade Customer Reviews on BrokerXplorer
Hankotrade Customer Reviews on BrokersView
Hankotrade Review: Conclusion
In summary, Hankotrade distinguishes itself as an online broker with unique strengths. Its standout features include a low minimum deposit, minimal commissions, a generous 100% deposit bonus, referral rewards, and proactive customer service. Traders also appreciate its efficient cryptocurrency withdrawals, enhancing trust in the platform.
Overall, Hankotrade garners praise from the trading community, appealing to traders of all levels. You can visit the broker’s website to learn more about its offerings, policy, and terms and conditions.
We hope this Hankotrade review was helpful for you to make an informed decision about onboarding this broker. If you have any questions related to this Hankotrade review, please comment below. Our competent staff will get back to your query as soon as possible.
“Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.”
Subscribe today by clicking the link and stay updated with the latest news!" Click here!
