The safety dossier

Safety first

Hankotrade review

Who regulates Hankotrade, under which licence, and what that means for your money.

Last checked

If Hankotrade failed, we cannot tell you what would happen to your money, and that is the finding. There is no compensation scheme behind an account here and limited obligation on the firm to keep your funds apart from its own. Regulated by Unregulated, offering HankoX Web, HankoX Mobile.

Our rating

★★★

One rating, identical across our sites - only the way it is shown changes. It averages six assessments: regulation, trading costs, platforms, markets, support and education.

Regulation and safety

Regulated by
Unregulated
Regulator tier
Unregulated
Register entry
No financial-services regulator register identified
Client money segregated
Not publicly confirmed
Held at
Not disclosed
Negative balance protection
Yes
Compensation scheme
None
Audited by
Not publicly disclosed
Not available to
Sanctioned/prohibited jurisdictions and jurisdictions where services would violate local law

The licence is what decides where your money sits and who is obliged to do something about it.

Hankotrade lists its regulation as Unregulated.

The company behind the brand

Legal entity
Hankotrade Global Markets Limited
Company number
Not publicly disclosed
Headquarters
Belize City, Belize
Founded
2018
Publicly listed
No
Parent company
Independent
Employees
Approx. 10-50
Also trades as
Hankotrade; HankoTrade

What it costs to trade

Spread from
0.0 pips
EUR/USD spread
Approx. 0.1 pips, ECN
GBP/USD spread
Approx. 0.3 pips, ECN
Commission
$2 per side / $4 round turn, ECN
All-in cost, EUR/USD
Approx. 0.5 pips
Spread type
Variable
Overnight swap
Both: overnight swaps may be charged or credited
Deposit fee
None internally
Withdrawal fee
None for withdrawals of $50+; smaller withdrawals subject to a fee
Currency conversion
Not publicly disclosed

Cost is the last thing to weigh here, and never the thing that should decide it.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

Hankotrade lists a minimum deposit of $15. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Platforms and tools

Platforms
HankoX Web, HankoX Mobile
Own platform
Yes
Mobile app
Proprietary, iOS and Android
Browser trading
Yes
Automated trading
Yes
Copy trading
Yes
Indicators
Integrated technical charting and indicators
Third-party tools
Trading/charting technology integrated into HankoX
API access
Not publicly offered as a standard retail feature

Hankotrade offers HankoX Web, HankoX Mobile. A proprietary platform can be excellent, but it means your setup does not transfer if you later change broker.

Markets and execution

Markets
Forex, Indices, Commodities, Metals, Energies, Cryptocurrencies
Currency pairs
60+
Total instruments
100+
Crypto CFDs
Yes
Maximum leverage
1:500
Execution model
NDD
Execution speed
Fast/instant execution advertised; exact average not disclosed
Order types
Market, limit, stop, stop-loss, take-profit and platform-specific pending orders
Servers
Not publicly disclosed

Leverage up to 1:500 is available on this entity. High leverage does not increase your expected return - it increases position size for the same deposit, and shortens the move needed to close you out.

Hankotrade covers forex, indices, commodities, metals, energies, cryptocurrencies. A wider range matters less than depth in the instruments you actually trade.

Funding options: bitcoin, ethereum, litecoin, dogecoin, bitcoin cash, usdt, usdc, trueusd. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.

Accounts

Minimum deposit
$15
Account types
STP, ECN, ECN Plus, Islamic, Demo
Account currencies
USD, CAD, EUR, AUD
Islamic account
Yes
Demo account
Yes
Professional account
No dedicated professional classification
Minimum trade size
0.01 lots
Time to open
Typically a few minutes

Deposits and withdrawals

Deposit methods
Bitcoin, Ethereum, Litecoin, Dogecoin, Bitcoin Cash, USDT, USDC, TrueUSD
Withdrawal methods
Cryptocurrency
Deposit time
Instant
Withdrawal time
Processed within 24 business hours
Minimum withdrawal
$50 for fee-free withdrawals
Local payment methods
No

Support and education

Support hours
24/5 trading support
Contact channels
Live chat, email, phone, Skype/contact form
Languages
English primarily
Telephone
N/A
Email
support@hankotrade.com
Live chat response
Typically within minutes
Education
Basic: FAQs, platform/account guidance and trading information
Research
Limited

Information is regularly updated. Last compiled from Hankotrade's own website on 26 August 2026.

Questions people ask about Hankotrade

What happens to my money if Hankotrade goes bust?

There is no compensation scheme behind an account with Hankotrade. If the firm failed you would be an ordinary creditor, which means waiting on an administrator and taking whatever is left.

Which bank actually holds client money at Hankotrade?

Hankotrade holds client money with Not disclosed. Almost no comparison site publishes this, and it is the thing that decides how quickly you would see your money again if the broker failed.

Can I lose more than I deposit with Hankotrade?

Hankotrade provides negative balance protection, so a gap through your stop should not leave you owing money. It is usually a rule of the regulator rather than a favour from the broker, which means it can differ between the entities one brand operates.