Hankotrade, a prominent online broker established in 2018 and headquartered in Dubai, UAE, has garnered a reputation as the number one choice for traders seeking mind-blowing results. Offering a wide range of account options, lightning-fast execution speed, and an array of impressive features, Hankotrade strives to deliver exceptional trading experiences to its clients.
Regulation and Security Measures Implemented by Hankotrade
Hankotrade places significant emphasis on regulation and security to create a safe trading environment for its clients. The broker operates under the supervision and regulations of the financial services authority in Seychelles, ensuring compliance with all relevant rules and regulations.
By adhering to the guidelines set forth by the financial regulatory body, Hankotrade safeguards the confidentiality of client trading information and offers peace of mind regarding the security of funds.
Leverage Ratio Offered by Hankotrade
Traders seeking higher leverage ratios will find Hankotrade’s offerings appealing. The broker provides a maximum leverage ratio of up to 1:500 across all trading accounts. This feature enables traders to amplify their positions, potentially magnifying their profits. However, exercising caution and employing proper risk management strategies is crucial when utilizing high leverage.
Competitive Spreads on Hankotrade Accounts
Hankotrade differentiates itself by offering competitive spreads across its account types. As a zero-spread Forex broker, Hankotrade provides 0.0 pip spreads on its ECN and ECN Plus accounts, delivering highly competitive pricing.
The basic STP account features a narrow spread of 0.7 pips, ensuring cost-effective trading across different account tiers for users.
Opening an Account with Hankotrade: A Simple Process
The process of opening an account with Hankotrade is straightforward and user-friendly. Traders can follow these simple steps to get started:
- Visit Hankotrade’s official website.
- Navigate to the homepage and click on the ‘Register’ button.
- You will be directed to a registration form.
- Fill in the required details and accept the terms and conditions.
- Check your email for the credentials provided by Hankotrade and access your newly created account.
After successfully setting up the account, Hankotrade offers guidance on depositing funds, allowing traders to begin their trading journey promptly.
Deposits and Withdrawals
Hankotrade adopts a client-centric approach by implementing a zero-fee policy for deposits and withdrawals. Unlike many brokers, Hankotrade imposes no charges or deductions on these transactions. This policy empowers traders to freely deposit and withdraw funds without incurring additional costs, ensuring maximum flexibility and convenience.
Efficient Withdrawal Processing by Hankotrade
Hankotrade prioritizes fast withdrawal processing to enhance client satisfaction. Hankotrade endeavors to process all withdrawal requests within one working day. Hankotrade transfers the funds through the same method initially used to fund the account. Additionally, Hankotrade can accommodate alternative withdrawal methods under the trader’s name upon request, further demonstrating its commitment to client service.
Hankotrade’s Fee Structure: Transparency and Affordability
Hankotrade maintains a transparent fee structure, catering to traders with varying preferences. The standard STP trading account is exempt from commission fees, making it an attractive option for those seeking commission-free trading.
For ECN account holders, Hankotrade charges a competitive fee of $2 per side per $100K traded. Meanwhile, the ECN Plus account incurs a lower trading fee of $1 per side per $100K traded. These fee structures ensure fairness and affordability, allowing traders to optimize their trading strategies without excessive costs.
Positive Ratings and Reviews of Hankotrade
Hankotrade has garnered widespread recognition and positive feedback from traders worldwide. With an impressive average rating of 4.8 stars, the broker has received numerous legitimate reviews on reputable platforms like Trustpilot.com, Sitejabber, and Slashdot.com.
Additionally, credible traders and influential YouTubers have expressed their honest opinions through detailed Hankotrade reviews, testifying to the excellent services provided by the platform. These positive ratings and reviews testify to Hankotrade’s commitment to client satisfaction and overall trading experience.
Client Reviews on Trustpilot.com
Client Reviews on Brokerxplorer.com
Client Reviews on Slashdot.org
Client Reviews on Fx-List.com
Client Reviews on Forbino.com
Client Reviews on Sitejabber.com
Exploring Hankotrade’s Demo Account Option
Recognizing the risks associated with trading, Hankotrade offers traders a valuable opportunity to familiarize themselves with the platform through a free demo account. With virtual funds, traders can practice and hone their trading skills without risking real money.
The demo account mirrors live trading conditions, providing users a realistic experience and allowing them to test different strategies and techniques. Traders can request a demo account by contacting Hankotrade via email or live chat. The account will be promptly approved, enabling them to access the platform’s features and make informed decisions.
Commission Earnings and Bonuses at Hankotrade
Hankotrade offers traders opportunities to earn commissions and bonuses, enhancing their trading experience. The broker offers two primary methods for traders to capitalize on additional rewards:
- 100% Sign-Up Bonus
By depositing a minimum of $100, traders can take advantage of a 100% deposit bonus. This bonus boosts the account margin, increasing traders’ trading opportunities and potential profitability.
- Introducing Broker Bonus
Hankotrade’s referral program allows registered users to share the platform within their social networks. Each time a referred individual successfully executes a trade, the referrer becomes eligible for a 40% referral commission. Signing up for this program is straightforward, unlocking the opportunity to earn additional income.
Ready to Trust Hankotrade with Your Assets?
New traders often seek a platform they can trust, particularly when entrusting their hard-earned assets. Hankotrade recognizes this concern and offers new traders a risk-free opportunity to explore its services.
By creating a minimal deposit account with Hankotrade for just $10, beginners can test the platform’s functionalities and experience live market conditions without exposing a significant portion of their funds. This approach allows traders to familiarize themselves with the platform’s features, trading tools, and overall performance, instilling confidence and trust in Hankotrade as a reliable broker.