Home -
Hankotrade -

Score

1.53 /10
Danger

Hankotrade

Belize

5-10 years

Suspicious Regulatory License

Regional Brokers

High potential risk

https://hankotrade.com

Influence

B

Add brokers

Comparison

Quantity 3

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.15

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
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

open now

Broker Information

More

Company Name

Hankotrade Global Markets Limited

Company Abbreviation

Hankotrade

Platform registered country and region

Belize

Company website

Instagram

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2025-05-15
  • It has been verified that this broker currently has no valid 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

Exposure

3 pieces of exposure in total
Pyramid scheme complaint
Expose
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
HankoX✔Web/
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 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

ExposureAlert: HankoTrade Facing Possible Downturn

Amidst an unsettling climate in the online trading community, HankoTrade, a prominent trading platform, has become the subject of intense scrutiny. Recent reports and discussions on social media point to allegations of price manipulation, a critical issue in the digital trading world. These allegations, if true, could undermine the trust and integrity crucial to online trading platforms.

WikiFX
2023-12-13 08:30
Alert: HankoTrade Facing Possible Downturn

ExposureAlert: The Rising Issues of HankoTrade

The risk of HankoTrade when investing has been rising recently. Issues of being unable to withdraw funds, price manipulation, and accounts suddenly closing

WikiFX
2023-11-29 17:56
Alert: The Rising Issues of HankoTrade

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?
About More

User Reviews

More

User comment

10

Comments

Write a review

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.
Translate to English
2023-12-17 19:10
Reply
0
0
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
Reply
0
0
3