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Hankotrade fees, after the safety questions
Cost is the last thing to weigh when the question is whether your money is safe, so this page comes after the regulation page and reads in that light.
Hankotrade is not regulated by any financial authority. How Hankotrade is regulated
Facts last checked . Read the full Hankotrade review.
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
What this means
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.
Questions about Hankotrade fees
Does Hankotrade charge to deposit or withdraw?
Deposit fees at Hankotrade: None internally. Withdrawal fees: None for withdrawals of $50+; smaller withdrawals subject to a fee.
What does Hankotrade charge to hold a position overnight?
Overnight financing at Hankotrade is recorded as both: overnight swaps may be charged or credited.
What is the EUR/USD spread at Hankotrade?
Hankotrade records an average EUR/USD spread of approx. 0.1 pips, ECN on a variable pricing model.