Score

1.55 /10
Danger

Hankotrade

Suspicious Regulatory License

High potential risk

A

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Comparison

Quantity 3

Exposure

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Website

Score

Regulatory Index0.00

Business Index7.31

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Hankotrade Global Markets Limited

Company Abbreviation

Hankotrade

Platform registered country and region

Belize

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-12-12
  • It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
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Hankotrade · Company summary
HankotradeReview Summary
Founded2019
Registered Country/RegionBelize
RegulationNo regulation
Market InstrumentsForex, Indices, Commodities, Crypto
Demo Account
LeverageUp to 1:500
SpreadFrom 0.7 pips (STP account)
Trading PlatformHankoX
Min Deposit$10
Customer SupportContact form
Live chat
Instagram
Email: support@hankotrade.com

Hankotrade Information

Hankotrade is an unregulated broker, offering trading on forex, commodities, indices and cryptocurrencies with leverage up to 1:500 and spread from 0.0 pip on HankoX trading platform. The minimum deposit requirement is $10.

Hankotrade Information

Pros and Cons

Pros Cons
Tight spreadsNo regulation
With demo accountNo MT4/MT5 platform
Low minimum deposit requirementFew contact channels

Is Hankotrade Legit?

No. Hankotrade currently has no valid regulations. Please be aware of the risk! It provides negative balance protection.

Is Hankotrade Legit?

What Can I Trade on Hankotrade?

Tradable Instruments Supported
Forex
CFDs
Commodities
Indices
Cryptos
ETFs
Bonds
Stocks
What Can I Trade on Hankotrade?

Account Type

Here are four account types Hankotrade offers:

Account TypeMin Deposit
STP$10
ECN$100
ECN Plus $1000
Demo account
Islamic Account
Account Type
Account Type
Account Type
Account Type

Leverage

The broker offers max leverage at 1:500. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

Hankotrade Fees

Account TypeSpreads Commission
STPFrom 0.7 pipsNo
ECNFrom 0.0 pips$2 per side per $100k traded
ECN Plus From 0.0 pips$1 per side per $100k traded

Trading Platform

Trading PlatformSupported Available Devices Suitable for
HankoXWeb/
MT4/Beginners
MT5/Experienced traders
Trading Platform

Deposit and Withdrawal

Hankotrade does not have any charges on deposits and/or withdrawals for its clients. The broker accepts payments via Ethereum, Stellar, Litecoin, Bitcoin, Theta, Dfinity,etc. Deposit and withdrawal are zero.

Hankotrade processes all withdrawals within one working day on business days.

Deposit and Withdrawal

News

ExposureHankotrade Exposed: Does it Harm Traders with Manipulated MT4 Chart and High Spreads & Slippage?

Have you witnessed a manipulated MT4 chart on Hankotrade login, showing inaccurate trading figures? Have you been victimized by high swap fees, inflated spreads, and massive slippage? Is the payment processing time too long at Hankotrade? Do you face downtime issues, especially when the New York trading session is on? These are some top complaints against the Belize-based forex broker. In this article, we have shared these complaints. Take a look!

WikiFX
2025-11-19 20:19
Hankotrade Exposed: Does it Harm Traders with Manipulated MT4 Chart and High Spreads & Slippage?

ExposureHankotrade Review 2025 : Is Hankotrade safe?

Reviews are important because they show you a clear picture of everything — just like a Hankotrade review, which tells you whether the broker is safe or not, what the minimum deposit is, and how many account types Hankotrade offers. Read the latest Hankotrade 2025 review and become an informed trader and investor.

WikiFX
2025-10-28 17:48
Hankotrade Review 2025 : Is Hankotrade safe?

ExposureHankoTrade Case Review

Recently, WikiFX has unleashed two articles about HankoTrade and its possible downfall. In this article, we are connecting the clues to help you better understand this broker.

WikiFX
2023-12-14 11:21
HankoTrade Case Review

NewsWikiFX Review: Is Hankotrade an Attractive Broker Or Just Another Scam?

Hankotrade is a forex broker offering a series of financial instruments to its clients. Is this broker OK to invest in? WikiFX intends to tell you more about this broker that you may not know before.

WikiFX
2022-08-30 17:02
WikiFX Review: Is Hankotrade an Attractive Broker Or Just Another Scam?

User Reviews

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User comment

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Comments

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ChristopheS
more than one year
The customer service at HankoTrade is accommodating and polite. They've met all my requirements, and I'm quite pleased with the service. Overall, everything is good.
The customer service at HankoTrade is accommodating and polite. They've met all my requirements, and I'm quite pleased with the service. Overall, everything is good.
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2023-12-17 19:10
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Gilbert Heb
more than one year
I traded with HankoTrade a while back and I'm still impressed. Their trading platform is the generic MT5/MT4 which okay ,but the edge they have is that orders are executed rapidly, and their customer service is top-notch.
I traded with HankoTrade a while back and I'm still impressed. Their trading platform is the generic MT5/MT4 which okay ,but the edge they have is that orders are executed rapidly, and their customer service is top-notch.
Translate to English
2023-11-06 02:01
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