Hankotrade Assessment: Is Hankotrade Dependable and Reliable?

Be taught in regards to the distinctive options of Hankotrade dealer on this evaluate, the place we discover the vary of account varieties accessible and different important particulars that may show you how to make an knowledgeable choice earlier than registering.

Hankotrade Assessment – Introduction

Hankotrade is a CFD, Foreign exchange, and cryptocurrency dealer registered by FSA of Seychelles. Established in 2018, it goals to offer a extremely aggressive buying and selling surroundings to empower its merchants to attain worthwhile trades and construct their portfolios.

Hankotrade Headquarters

Hankotrade’s headquarters is situated at Citadel Tower, Workplace Quantity – 2802, Enterprise Bay Dubai – UAE.

Is Hankotrade regulated within the US?

Though the CFTC doesn’t license Hankotrade, it’s registered and controlled by the Monetary Providers Authority of Seychelles. This means the dealer’s dedication to following legal guidelines and rules enforced by monetary authorities, making it a dependable choice for US merchants searching for a secure and reliable dealer.

Hankotrade as an Engaging Buying and selling Possibility for Merchants

Hankotrade presents a compelling brokerage choice for merchants of all ranges, from novices to specialists. Its mixture of tight spreads, affordable fee charges, distinctive customer support, and highly effective buying and selling instruments make it a beautiful selection for merchants trying to improve their buying and selling expertise.

Moreover, the dealer presents its valued purchasers a 100% deposit bonus and rewards them with referral commissions by way of the Introducing Dealer program. 

Hankotrade as a Zero-Unfold Foreign exchange Dealer

Hankotrade presents buying and selling accounts with tight spreads, permitting merchants to enter or exit the market with out the priority of further bills. 

The unfold on the STP account begins from 0.7 pips, whereas the ECN and ECN Plus accounts provide an ideal 0.0 pips unfold. Hankotrade is among the many few chosen brokers available in the market that may name itself a zero-spread Foreign exchange dealer.

Fee and Charges Charged by Hankotrade

Hankotrade presents remarkably low fee charges for its buying and selling accounts, together with:

  • STP Account: No fee charges 
  • ECN Account: $2 per aspect per $100K traded
  • ECN Plus Account: $1 per aspect per $100K traded

These low fee charges make Hankotrade a beautiful selection for merchants trying to decrease their buying and selling prices.

Is Hankotrade a Appropriate Dealer for Rookies?

Hankotrade presents a low-cost STP account with a minimal deposit requirement of $10, making it a great choice for newbie merchants who wish to begin with a smaller funding. The account has zero fee charges, permitting new merchants to attempt buying and selling with out risking an excessive amount of.

Can Muslim Merchants Commerce with Hankotrade?

Hankotrade caters to a various buyer base and presents swap-free Islamic accounts to Muslim merchants who wish to commerce per their spiritual beliefs.

How Does Hankotrade Deal with Deposit and Withdrawal Charges?

Hankotrade has a 0-withdrawal price coverage, which means merchants can withdraw their funds conveniently and with out further prices. This stands out in comparison with different brokers, who usually cost a nominal share for processing deposits and withdrawals.

Furthermore, Hankotrade follows the coverage of fast withdrawal. It processes all of the withdrawal requests swiftly and transfers the funds to purchasers inside 5 to 7 hours. 

Hankotrade’s Proof of Withdrawals

Check out the next proof of withdrawals of Hankotrade that vouch for the dealer’s credibility:

Does Hankotrade Cost Inactivity Charges?

In contrast to many different brokers, Hankotrade doesn’t cost any inactivity charges. This provides merchants flexibility and freedom to make use of and handle their buying and selling accounts as they are going to.

What Is the Course of to Open a Buying and selling Account with Hankotrade?

Opening an account with Hankotrade is simple. Merchants can start buying and selling on the identical day by logging onto the dealer’s web site and filling out a registration type. As soon as verified, merchants can choose their desired account sort, make a deposit, and begin buying and selling.

How Can Hankotrade’s Buying and selling Instruments Profit Merchants?

Hankotrade presents a number of buying and selling instruments to its purchasers, together with a demo account for observe, an e-calendar to remain up to date on market tendencies, a digital non-public server to enhance commerce execution, and an FX calculator for correct calculations. These instruments might help merchants save time and make knowledgeable choices within the unstable buying and selling market.

Is Hankotrade a Reliable Dealer?

Primarily based on buyer suggestions on reliable web sites like Trustpilot, Sitejabber, Slashdot, and so on., it seems that Hankotrade is a reliable dealer. Many purchasers have praised their optimistic expertise with the dealer, together with its customer support, ease of use, and reliability. 

The truth that so many shoppers have had optimistic experiences and shared their suggestions on respected evaluate web sites signifies that Hankotrade is a reliable and dependable selection for merchants.

Shopper Suggestions on Trustpilot.com

Shopper Suggestions on Sitejabber.com

Shopper Suggestions on Brokerxplorer.com

Shopper Suggestions on Slashdot.org

Shopper Suggestions on Fx-Checklist.com

Shopper Suggestions on Forbino.com

Is Hankotrade Worthwhile?

Whereas Hankotrade’s buying and selling surroundings advantages merchants with tight spreads, low fee prices, and excessive leverage, it’s necessary to do not forget that all buying and selling includes threat. Merchants ought to completely consider their monetary targets and threat tolerance earlier than making funding choices.

Nonetheless, as with all monetary funding, conducting analysis and due diligence is necessary earlier than deciding. It is usually price noting that previous efficiency doesn’t assure future outcomes, and the worth of investments can go up or down.

Can U.S. Residents Use Hankotrade?

Sure, residents of the USA are eligible to open buying and selling accounts with Hankotrade with none particular circumstances or necessities.

Hankotrade Assessment: Is Hankotrade Dependable and Reliable?

Hankotrade is a dependable and reliable Foreign exchange dealer that gives quite a lot of account varieties, low fee charges, and a variety of buying and selling instruments to assist merchants make knowledgeable choices. With its registration with the Monetary Providers Authority of Seychelles, Hankotrade demonstrates its dedication to following monetary rules and making certain the protection of its merchants.

Moreover, the dealer’s demo account and glorious buyer help permit merchants to check their options and get immediate solutions to their questions. 

Whether or not you’re a newbie or an skilled dealer, Hankotrade’s choices make it appropriate for merchants searching for a dependable and user-friendly buying and selling platform.