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/10

Hankotrade

Saint Vincent and the Grenadines|2-5 years|
Suspicious Regulatory License|MT4/5 White Label|Global Business|High potential risk|

https://hankotrade.com/

Website

Rating Index

MT4/5 Identification

MT4/5

White Label

Hankotrade-Demo

United Kingdom
MT4
4

Influence

A

Influence index NO.1

United States 8.22

MT4/5 Identification

MT4/5 Identification

White Label

4
Server Name
Hankotrade-Demo MT4
Server Location United Kingdom

Influence

Influence

A

Influence index NO.1

United States 8.22

Surpassed 54.68% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+234 7465136225
contactus@hankotrade.com
https://hankotrade.com/
First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St Vincent and the Grenadines

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

Contact number

English

+234 7465136225

Broker Information

More

Company Name

Hankotrade

Company Abbreviation

Hankotrade

Platform registered country and region

Saint Vincent and the Grenadines

Company website
Twitter
Instagram

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2023-12-05
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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Hankotrade · Company Summary

Company Summary

Company profile

General Information & Regulation

Hankotrade is an NDD (No-Dealer-Dealer Platform) broker that allows for fast execution of trades by sending client orders directly to liquidity providers. Hankotrade is an unregulated broker so far.

Market Instruments

Hankotrade offers investors a wide range of financial instruments, mainly Forex currency pairs, indices, commodities, and cryptocurrencies.

Minimum Deposit

Hankotrade offers investors three different types of accounts: STP (minimum deposit of $10), ECN (minimum deposit of $100), and ECN Plus (minimum deposit of $1,000).

Hankotrade Leverage

In terms of trading leverage, the maximum leverage for forex trading is up to 1:500. Since leverage can amplify gains as well as losses, inexperienced traders are not advised to use high trading leverage.

Spreads & Commissions

Spreads on Hankotrade STP accounts start from 0.7 pips with no commission, on ECN accounts from 0.0 pips with a commission of $ per side per $100K traded, on ECN+ accounts from 0.0 pips with a minimum commission of $1 per side per $100K traded.

Trading Platforms

Hankotrade offers traders the most popular, trusted, and efficient MT4 trading platform on the Forex market today. MT4 has multiple execution modes, market & pending orders, easy to use, and available for Windows & Mac desktop, web, and mobile app versions.

Deposit & Withdrawal

Hankotrade only supports traders to deposit and withdraw funds to their investment accounts via some cryptocurrency payment methods, such as Bitcoin, Ether, Litecoin, Ripple, and Bitcoin Cash.

Hankotrade Pros & Cons

Hankotrade Advantages Include:

1. MT4 trading platform

2. VPS

Hankotrade Disadvantages:

1. Not subject to any regulation

2. Not accepting US & UK clients

3. No telephone service line

4. Fewer ways to deposit and withdraw funds

5. Limited educational resources

News

Alert: The Rising Issues of HankoTrade

ExposureAlert: The Rising Issues of HankoTrade

2023-11-29 17:56

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
Exposure
Alert: The Rising Issues of HankoTrade
Alert: Alleged Price Manipulation on HankoTrade Platform

ExposureAlert: Alleged Price Manipulation on HankoTrade Platform

2023-11-08 17:38

Urgent warning for traders: HankoTrade faces allegations of manipulating trading prices during their Hollowen promo, casting doubt on the broker's practices. Stay vigilant and verify broker regulation.

WikiFX
2023-11-08 17:38
Exposure
Alert: Alleged Price Manipulation on HankoTrade Platform
WikiFX Review: Is Hankotrade an Attractive Broker Or Just Another Scam?

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

2022-08-30 17:02

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
News
WikiFX Review: Is Hankotrade an Attractive Broker Or Just Another Scam?
BANKS CURB FX ACCESS AS RESERVES FALL TO A SEVEN-MONTH LOW

NewsBANKS CURB FX ACCESS AS RESERVES FALL TO A SEVEN-MONTH LOW

2022-06-16 16:44

The country's external reserves fell to $38.57 in billion as of May 25, 2022, a seven-month low, according to information acquired from the Central Bank of Nigeria. According to results, as scarcity bites deeper, the country's external reserves necessary to safeguard the naira's value are pushing banks to restrict access to foreign currency to visitors and other authorized users.

WikiFX
2022-06-16 16:44
News
BANKS CURB FX ACCESS AS RESERVES FALL TO A SEVEN-MONTH LOW

User Reviews

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User comment

10

Comments

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Gilbert Heb
0-3months
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.
2023-11-06 02:01
Reply
0
0
Andree770
0-3months
An area where HankoTrade really stands out is the MT5 Trading Platform, which offers a range of additional order types. I've found the Buy Stop-Limit and Sell Stop-Limit orders to be particularly useful in managing my trades.
2023-10-15 01:28
Reply
0
0
Ewald
3-6months
HankoTrade is a bit of a mixed bag. While the MetaTrader 5 Bitcoin Account and the commodity/energy pairs provide a great deal of flexibility and potential.The Forex spreads are generally tight, and the platform is user-friendly. HankoTrade provides a decent trading experience, but it's essential to be aware of the potential risks like latency and slippage.
2023-08-24 03:00
Reply
0
0
Blaise
6-12months
there are no transaction costs. This allows me to hold positions in currency pairs such as GBPUSD and CHFJPY for days, without worrying about transaction costs eating into my gains.
2023-05-23 22:20
Reply
0
0
RosarioD
6-12months
I have to give a shoutout to Hanko Trade's support team. They've been helpful and responsive throughout my time trading with them, which has made my experience that much more enjoyable.
2023-04-23 02:25
Reply
0
1
marc4623
6-12months
HANKO TRADE IS A SCAM DO NOT PUT MONEY INTO THIS WEBSITE THEY WILL STEAL IT They closed all my positions and disabled me from the server
2023-04-05 23:01
Reply
0
0
梧桐树下
more than one year
The various trading conditions offered by Hankotrade are very competitive. But neither on wikifx nor on the company's website, I found no information about the regulatory agency, so the company is probably not regulated. Investing here can be dangerous.
2023-02-20 15:35
Reply
0
0
一个好运的人
more than one year
Hankotrade is the only place where without ant any interference you trade. A straightforward way to trade. Deposit is very easy at first it used to take some time now they have changed the methods also there is help in hand everyone is very efficient. Though I haven't made any withdrawals because I am very new to trading I keep losing money which is my problem. I am sure withdrawal will be as easy as a deposit.
2023-02-16 12:07
Reply
0
1
FX1188641415
more than one year
The various trading conditions offered by this company are really attractive, but I think the most important thing is safety! What's the point of having other trading terms if you've been scammed out of your money?
2022-12-20 10:54
Reply
0
0
王权富贵
more than one year
Hankotrade does not speak Spanish and I have seen people say that it is a scam. To be safe, I would not invest here.
2022-12-16 16:36
Reply
0
0
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