Hankotrade Review

Lisa Martinez

Written by

Lisa Martinez
James Wilson

Fact Checked by

James Wilson

Updated

Jan 4, 2026
Broker review header

3

Trust Score: 3/100

Based on regulatory status, company history, and financial transparency

  • High Leverage (1:500)
  • Ultra-Low Commissions
  • Crypto Deposits/Withdrawals
  • Negative Balance Protection

Founded

2018

Headquarters

Mauritius

Why choose Hankotrade

Hankotrade remains a favorite for high-leverage traders in 2026. With low commissions and a crypto-friendly approach, it offers 1:500 leverage and raw spreads for those seeking aggressive trading conditions.

Pros

  • Low commissions ($2/side)
  • High leverage
  • Crypto friendly

Cons

  • Offshore regulation only
  • Limited deposit methods (Crypto main)
Hankotrade logo

Hankotrade

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Popular choice

Min Deposit:

$0

Inactivity Fee:

No

Regulated:

No

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ECN Plus commission is extremely low.

InstrumentStandardRaw/Pro
EUR/USDN/A0.0 pips ($2 comm)
GBP/USDN/A0.2 pips
GoldN/A0.15

Inactivity

None

Withdrawal

Variable (Crypto network fees)

Non-trading fees

Inactivity fee: No.

Regulated by FSA Seychelles/Mauritius (Offshore).

Regulatory Status

RegulatorCountryTier
FSAMauritius3

Safety Features

Segregated AccountsYes
Negative Balance ProtectionYes
Investor ProtectionNone guaranteed.

Is regulated?

Yes, heavily regulated.

Find your safe broker

Crypto focus.

Deposit Options

MethodProcessing TimeFeeMin. Deposit
Crypto (BTC/USDT/ETH)Message SupportFree$10

Withdrawal Options

MethodProcessing TimeFeeMin. Withdrawal
CryptoWithin 24hrsNetwork Fee$20

Base Currencies

USD, EUR, CAD

STP, ECN, ECN Plus.

Account Types

Account TypeMin. DepositKey Features
STP$10
  • $0 Comm
  • Spreads 0.7
ECN$100
  • $4 Comm
  • Spreads 0.0
ECN Plus$1000
  • $2 Comm
  • Spreads 0.0

Verification Steps

  • Time to open: Fast
  • Demo Account: Yes
  • Islamic Account: Yes
Open Account

MT4/MT5 mobile.

App Features

  • Standard MT4

MT4 and MT5.

Supported Platforms

  • MetaTrader 4: Standard.
  • MetaTrader 5: Advanced.

Compare platform providers:

Hankotrade is built for forex and crypto traders. It offers 60+ currency pairs and a decent selection of crypto CFDs. It's a niche broker for those who want high leverage and low costs.

Available Instruments

0
Forex Pairs60
Indices15
Stocks100
Commodities10
Cryptos30

Leverage Limits

InstrumentMax Leverage
Forex500:1
Indices200:1
Stocks20:1
Crypto100:1

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Frequently Asked Questions

Hankotrade is an offshore broker. While it claims regulation in Mauritius/Comoros, it is considered a high-risk unregulated broker compared to FCA/ASIC standards.

Hankotrade offers leverage up to 1:500.

Yes, Hankotrade specializes in crypto deposits (Bitcoin, USDT, ETH) and withdrawals.

The ECN Plus account charges $2 per side per $100k traded, which is one of the lowest in the industry.

Hankotrade accepts clients from most countries, including the US (unofficially via crypto), but you should check their latest terms directly.

Hankotrade supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

Yes, Hankotrade states that they offer negative balance protection.

Crypto withdrawals are typically processed within a few hours to 24 hours.

Yes, free demo accounts are available.

The minimum deposit starts at $10 for the STP account and $1000 for the ECN Plus account.
Lisa Martinez

Lisa Martinez

CFDs • Options • Derivatives

Author of this review

Lisa began her career on the trading floor in London dealing in options and futures. With expertise in complex derivative products, she evaluates CFD brokers and educates traders on hedging strategies and product offerings.

CFD & Derivatives Analyst — Everything you find on BrokerAnalysis is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback.

Risk Warning: Forex/CFD trading involves significant risk. 68-80% of retail accounts lose money.|Affiliate Disclosure: We may earn commissions from listed partners.|Not Advice: For educational purposes only.

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