Hankotrade Review: Regulation, Spreads & Leverage
STP, ECN broker based in Seychelles with MetaTrader 4, a $10 minimum deposit and leverage up to 1:500.
- STP, ECN
- 1:500 Leverage
Your money is at risk
In this Hankotrade review
Hankotrade overview: what kind of broker is it?
Hankotrade is an STP, ECN forex and CFD broker based in Seychelles, founded in 2019. No.
Traders get MetaTrader 4, spreads from 0.0 pips, leverage up to 1:500 and a low $10 minimum deposit. New clients can also check the current 25% Rescue Bonus.
Tradable markets include Forex Currencies, Cryptocurrency, Commodities, Indices, Stocks, Bonds, Futures.
Hankotrade broker specifications
Company and regulation
| Broker | Hankotrade |
|---|---|
| Regulated by | No |
| Type of broker | STP, ECN |
| Country | Seychelles |
| Foundation year | 2019 |
| Website | Visit Hankotrade website |
| Website languages | English |
Trading conditions
| Minimum deposit | $10 |
|---|---|
| Maximum leverage | 1:500 |
| Minimum spreads | 0.0 pips |
| Base currencies | USD, EUR, CAD |
| Tradable instruments | Forex Currencies, Cryptocurrency, Commodities, Indices, Stocks, Bonds, Futures |
| Hedging / scalping | Allowed |
| News trading | Allowed |
| Trading in public | Yes |
Bonus and promotions
| Current promotion | 25% Rescue Bonus |
|---|---|
| Welcome bonus | 100% Welcome Bonus |
| Standard no deposit bonus | No |
Contact details
| Telephone | +44 20 8123 9377 |
|---|---|
| contactus@hankotrade.com | |
| Fax | Not available |
| Head office | 7 Albert Street, Victoria, Seychelles |
Hankotrade bonus
Hankotrade promotes a 25% Rescue Bonus for new traders. It is a simple way to test the broker's MT4 execution, spreads and withdrawal process before you add more of your own money.
How to claim the Hankotrade bonus
- Open a live account through the Visit Broker button.
- Verify your email, phone number and identity (KYC).
- Request the bonus from your client area or from support.
- Trade the required volume, then withdraw your eligible profit.
Bonus terms (required lots, time limit and withdrawal rules) can change at any time. Always read the latest conditions on the Hankotrade website before you claim.
Hankotrade pros and cons
Pros
- Regulated: No
- 25% Rescue Bonus for new traders
- Low $10 minimum deposit
- Spreads from 0.0 pips, STP, ECN execution
- MetaTrader 4 on every device
- Islamic, mini, VIP and managed accounts
Cons
- Bonus comes with trading-volume rules
Hankotrade account types
Hankotrade offers several account options so beginners and experienced traders can both find a fit. All live accounts start from a $10 deposit.
| Free demo account | Yes – practise with virtual money |
|---|---|
| Mini account | Yes – smaller trade sizes for beginners |
| VIP account | Yes – for high-volume traders |
| Islamic (swap-free) | Yes – no overnight swap charges |
| Managed account | Yes |
| Segregated client funds | Yes |
Hankotrade trading platforms
Hankotrade runs on MetaTrader 4, which gives you advanced charts, more timeframes, an economic calendar and support for expert advisors. Web trading and mobile trading are both available.
Is Hankotrade safe and legit?
Hankotrade is a regulated broker. No. The broker says client money is kept in segregated accounts, separate from company funds.
Our verdict on safety
Hankotrade is a legitimate licensed broker. Start small, test a withdrawal early and use sensible leverage.
About Hankotrade
Some news
Who should choose Hankotrade?
Good fit for
- Traders who want MT4 and raw spreads
- Bonus hunters testing a new broker
- Muslim traders needing swap-free accounts
- Scalpers, hedgers and news traders
Think twice if
Hankotrade FAQ
Is Hankotrade regulated?
Yes. No.
What is the Hankotrade minimum deposit?
The minimum deposit to open a live Hankotrade account is $10.
Does Hankotrade offer a bonus?
Hankotrade currently promotes a 25% Rescue Bonus for new traders. Bonus credit normally has trading-volume and withdrawal conditions, so read the latest terms on the broker's website before claiming.
What is the maximum leverage at Hankotrade?
Leverage goes up to 1:500. High leverage increases both potential profit and potential loss, so most traders use far less.
Which trading platform does Hankotrade use?
Hankotrade uses MetaTrader 4, MT4 Desktop, MT4 Phone, MT4 Web.
Does Hankotrade offer Islamic swap-free accounts?
Yes. Islamic swap-free accounts are available, along with mini, VIP and VIP accounts.