Today, we’ll be taking a close look at Hankotrade Broker. We’ll examine their regulatory standing, account features, withdrawal processing times, and how the trading community views them.

Introducing Hankotrade

Founded in 2018, Hankotrade offers NDD execution for CFDs, forex, cryptocurrencies, indices, and commodities. Based in Belize City, Belize, they aim to provide a competitive environment for traders of all levels.

Hankotrade Regulation

Regulation is a crucial factor for traders when choosing a broker. A reputable financial authority’s registration and licensing ensure the broker operates legitimately and adheres to established rules.

Hankotrade claims to be registered and licensed by the Financial Services Authority (FSA) of Seychelles. This implies Hankotrade operates under the FSA’s regulations, which are designed to protect clients.

Hankotrade Trading Accounts

Hankotrade caters to traders of varying experience levels by offering five distinct account options:

1. Demo Account

This free account replicates real market conditions with virtual funds. It’s ideal for beginners to practice trading strategies and risk management techniques.

2. STP Account

This micro-lot account requires a minimum deposit of $10, making it suitable for new traders who want to start small. The spreads on this account begin at 0.7 pips with no commission charges.

3. ECN Account

This account is designed for intermediate traders familiar with market dynamics. The ECN account has a $100 minimum deposit, which might be considered competitive compared to other brokers. The ECN account boasts 0 spreads with commission charges of $2 per 100K traded.

4. ECN Plus Account

This advanced account targets experienced (PRO) traders with a minimum deposit of $1,000. The spreads on the ECN Plus account start at 0 pips with the lowest commission charges of only $1 per side per 100K traded.

5. Islamic Swap-Free Account

Recognizing the needs of Muslim traders, Hankotrade offers a swap-free account that complies with Sharia law principles.

This range of accounts allows traders to choose the option that best suits their experience and capital level.

Hankotrade Deposits and Withdrawals

Hankotrade prioritizes the security of client funds throughout the deposit and withdrawal process:

1. Hankotrade Deposits

Hankotrade states that deposits are typically credited to your account on the same business day, allowing for quick access to trading funds.

2. Hankotrade Withdrawals

Hankotrade emphasizes its focus on fast withdrawal processing, aiming to complete them within a few hours.

Proof of Hankotrade Withdrawals: Screenshots of Withdrawal Emails Shared By Real Clients

Customer Satisfaction: Hankotrade Customer Reviews 2024

Positive customer reviews are a key factor when evaluating a broker. Hankotrade boasts high praise for its services, spreads, execution speeds, and withdrawal processing.

Below are screenshots showcasing positive Hankotrade reviews from trusted websites.

Hankotrade Reviews on Reviews.IO

Hankotrade Reviews on Slashdot.org

Hankotrade Reviews on BrokerXplorer

Hankotrade Reviews on BrokersView

Hankotrade’s ActTrader Web Platform

Hankotrade equips you with ActTrader, a web-based trading platform known for its performance and features.

Here’s a breakdown of what it offers:

1. Convenience at Your Fingertips

Gone are the days of software downloads! ActTrader’s web platform eliminates them, ensuring compatibility across various devices – desktops, laptops, tablets, and phones. This allows you to access real-time market data, execute trades, and manage your portfolio directly from your web browser. Trade on the go or from the comfort of your home – the choice is yours!

2. User-Friendly Interface

ActTrader boasts a well-organized and intuitive interface divided into clear sections:

1. Instrument List

Find and choose your desired trading instruments, such as forex, crypto, indices, and commodities.

2. Trading Chart

Occupying the central position, the chart offers a clear view for technical analysis.

3. News & Alerts

Stay informed with dedicated sections for market news, economic calendars, and customizable alerts.

4. Trade Management Panel

Track your open trades, pending orders, account history, and transaction details – all in one place.

3. Tailored Analysis Tools

ActTrader empowers you to personalize your trading experience:

1. Multiple Timeframes

Analyze markets from various perspectives with 11 timeframes, ranging from short-term scalping opportunities to long-term trend identification.

2. Technical Indicator Arsenal

 Dive into in-depth analysis with a library of 104 technical indicators. Whether you rely on moving averages or Fibonacci retracements, ActTrader equips you with informed decisions.

3. Drawing & Charting Tools

Go beyond basic charts with a robust suite of drawing tools. Identify trends, support/resistance levels, and potential trading opportunities using channels, Fibonacci patterns, and various geometric shapes.

4. Stay Informed, Stay Ahead with Hanko ActTrader

The fast-paced trading world demands constant awareness. ActTrader integrates the following resources to keep you informed:

1. Real-Time Market News

Stay updated on relevant market events, upcoming economic data releases, and breaking financial headlines.

2. Economic Calendar

Visualize upcoming events that can impact market volatility and potentially adjust your trading strategies.

3. Customizable Alerts

Set alerts for specific market movements or news events, ensuring you never miss a crucial trading moment.

5. Mobile-Friendly Experience

Hankotrade understands the need for mobile trading. The ActTrader web application is designed to be responsive and work seamlessly on your mobile or tablet device. Experience the same fast execution and smooth functionality as on a desktop computer.

Adding Hankotrade ActTrader to Your Mobile Home Screen

Simple instructions are included for both Android and iOS devices to create a shortcut for easy access to ActTrader directly from your mobile home screen.

Instructions for Android Devices

  1. Open your preferred mobile browser (e.g., Chrome) and navigate to trade.hankotrade.com.

  2. Once the page fully loads, tap the three vertical dots in the top right corner of your browser.

  3. From the menu, look for an option like “Add to home screen” or “Create shortcut.”

  4. You might be prompted to name the shortcut. Enter a preferred name (e.g., Hankotrade Web App) and confirm.

  5. You should now find a Hankotrade ActTrader icon on your Android home screen for easy access.

Instructions for iOS Devices

  1. Open Safari and navigate to trade.hankotrade.com.

  2. Once the page is fully loaded, tap the “Share” icon (usually a square with an upward arrow) at the bottom of the screen.

  3. In the share sheet, look for an option like “Add to Home Screen” or “Create shortcut.”

  4. You might be prompted to name the shortcut. Enter a preferred name (e.g., Hankotrade iOS App) and confirm.

  5. You should now find a Hankotrade ActTrader icon on your iPhone or iPad home screen for easy access.

Or…watch this video tutorial to add Hanko ActTrader to your Android and iOS home screen.

Conclusion: Is Hankotrade a Good Broker Choice in 2024?

Hankotrade presents a feature-rich platform with a user-friendly interface and caters to various experience levels. Their focus on swift deposits, withdrawals, and mobile compatibility positions them competitively.

However, remember to verify Hankotrade’s licensing and explore independent reviews for a balanced perspective.

Ultimately, consider your trading goals, risk tolerance, and regulatory preferences before deciding if Hankotrade aligns with your investment journey.

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