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Hankotrade Review

Overall rating

3.0/5

Minimum deposit

$10

EUR/USD spread

Varies

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Use this review to validate safety, fees, platform fit, and where this broker falls short.

Lisa Martinez

Written by

Lisa Martinez
James Wilson

Fact Checked by

James Wilson

Updated

Apr 15, 2026
Broker review header
Last reviewed:
•
By:Lisa Martinez
•
Fact-checked by:James Wilson

Is Hankotrade a good broker?

Hankotrade is a regulated broker rated 3.0/5. Published EUR/USD pricing is listed at Varies with a minimum deposit of $10. Hankotrade remains a favorite for high-leverage traders in 2026. With low commissions and a crypto-friendly approach, it.

Should you choose Hankotrade?

Use this short answer before you dive into the full review.

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Best for

Negative Balance Protection

Not ideal for

Offshore regulation only

Top alternatives to compare

ExnessFP Markets

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60

Trust Score: 60/100

Based on regulatory status, company history, and financial transparency

Hankotrade Score Breakdown

5.9/ 10
Safety6.0Fees6.2Platform6.1Account5.8Support5.6
Safety
6.0
Fees
6.2
Platform
6.1
Account
5.8
Support
5.6
  • 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

Fast decision summary

Popular choice

Min Deposit:

$0

Regulated:

No

Inactivity Fee:

No inactivity fee is published in our current broker dataset.

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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 inactivity fee is published in our current broker dataset.

Fees may vary depending on account type and jurisdiction. We aim to keep this data updated regularly.

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.

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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
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MT4/MT5 mobile.

App Features

  • Standard MT4

MT4 and MT5.

Supported Platforms

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

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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

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.

Review Team

Why Traders Shortlist Hankotrade

Key points from our latest editorial review and testing process.

  • High Leverage (1:500)
  • Ultra-Low Commissions
  • Crypto Deposits/Withdrawals
  • Negative Balance Protection
See How We Test Brokers

Compare Hankotrade before you commit

If this broker looks close but not perfect, compare it against the strongest alternatives first.

Hankotrade vs ExnessHankotrade vs FP Markets
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Why this review is trustworthy

  • Freshness dates and fact-checking are shown on the page.
  • Broker scoring follows our public methodology and disclosure standards.
  • Country-specific differences still matter, so compare the exact entity before you deposit.
Review Methodology

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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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