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    Hankotrade

Hankotrade

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Overview

Hankotrade has a rating of 3.5 stars from 27 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with Hankotrade most frequently mention trading platform.

Positive reviews (last 12 months): 77.8%
Positive
7
Neutral
0
Negative
2
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14
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How would you rate Hankotrade?
Top Positive Review

“I highly recommend this broker”

Mike K.
7/12/24

Since joining Hankotrade, I've seen a marked improvement in my trading performance. Whether you're a novice or an experienced trader, I highly recommend giving Hankotrade a try. They've earned my trust and loyalty, and I'm confident they can do the same for you.

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Top Critical Review

“Scam alert”

fred s.
12/19/22

They will take your all your money and never pay you anything. Karan Saini, Samir Singh, Rayan Mathew and thos who are associated with this co never honor their promise. Please do not invest and waste your time. I lost huge money and the saruwealth re co ve ry,com save me through

See critical reviews

Reviews (27)

Rating

Timeframe

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Thumbnail of user mikek2130
Romania
1 review
0 helpful votes
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July 12th, 2024

Since joining Hankotrade, I've seen a marked improvement in my trading performance. Whether you're a novice or an experienced trader, I highly recommend giving Hankotrade a try. They've earned my trust and loyalty, and I'm confident they can do the same for you.

Thumbnail of user williamputnam48735
Poland
1 review
0 helpful votes
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July 4th, 2024

Hankotrade has seriously stepped up its game! Their new trading platform HankoX is AMAZINGGGG. Zero slippages and fast execution. Also in my opinion the charting tools and other indicators are far better than their last trading platform. 10/10 for this upgrade

Tip for consumers:
deposits and withdrawals only via cryptocurrency. No other method

Thumbnail of user sethm300
Georgia
1 review
0 helpful votes
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June 24th, 2024

I really enjoy trading with Hankotrade. It's a convenient and easy trading platform compared to many others brokers that I have tried in the past. No complex procedure or rules for withdrawals, multiple cryptocurrency options, and fast withdrawals without long delays.

Tip for consumers:
Their demo account needs brushing up. It sometimes lags miserably

Thumbnail of user jeffreyr1489
Denmark
1 review
0 helpful votes
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June 10th, 2024

Hankotrade is exactly the broker a trader like me needs. Good account variety, low commission, sharp spreads, and fast trading platform. The broker also offers 100% deposit bonus and a referral program to make extra cash besides trading. Deposits and withdrawals are also pretty smooth.

Tip for consumers:
No educational material or market analysis. Only cryptocurrency for deposits and withdrawals.

Thumbnail of user wills691
Illinois
1 review
0 helpful votes
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May 9th, 2024

Hankotrade ECN account is very efficient, execution time is quick which is great for using EAs. Also connecting to an offsite VPS is pretty easy. No complicated stuff and the support was helpful when I did it the first time.

Thumbnail of user jamesw6788
GB
1 review
0 helpful votes
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April 27th, 2024

When Hanko shifted from Metatrader to act trader I was super pissed. Had trouble logging in and thought all my money is now drowned. But a huge thank you to Danny Sanders for helping me out. I am enjoying trading on Act Trader. It is fast, smooth, and has more analytical features than Meta one.

Tip for consumers:
The broker doesn't have any educational material. Need to rely on other sources for in depth analysis and expert views.

Thumbnail of user kyliea59
Canada
1 review
0 helpful votes
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November 23rd, 2023

Hankotrade has been my go-to from the start, and I've stuck with them ever since. I really dig the interface, especially the personal area and navigation—it's just so easy on the eyes. When it comes to deposits and withdrawals, they happen in a blink, almost like magic. The customer support is a real game-changer, solving my queries in minutes. The leverage and spreads? Totally reasonable. Honestly, I can't think of anything that needs fixing right now.

Tip for consumers:
No educational material available on the website

Thumbnail of user tomm2473
New York
1 review
1 helpful vote
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August 5th, 2023

These guys are spot-on, seriously! When it comes to your money, you can trust them without a doubt. I had a little concern with one of my deposits, but they quickly sorted it out by requesting a receipt - problem solved! I've never had any issues or felt exposed with them. And let me tell you Alex Shane from their support team is simply fantastic. They know how to handle anything that comes their way. I'm genuinely impressed with the service they provide!

Tip for consumers:
Currently the broker only offers deposits and withdrawals via crypto. No option for bank transfers or other modes

Thumbnail of user nathanielk71
GB
1 review
0 helpful votes
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August 3rd, 2023
Verified purchase

I had a bit of a hiccup with my account that needed to be looked into and to top it it I was also experiencing some problems with my deposit bonus. But thanks to Neil Kirkby, he was so patient and helpful the entire time and solved my issues in just a few hours. These guys for sure know how to accommodate their clients in every way. Also their quick withdrawals are super amazing. No need to wait for long durations to get my funds back.

Thumbnail of user josepha2005
Germany
1 review
0 helpful votes
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October 17th, 2023
Verified purchase

Trading at Hankotrade won't cost you an arm and a leg—the fees are refreshingly low. Minimal slippage keeps things predictable, and withdrawals happen at warp speed. It's a no-nonsense broker that gets the job done without breaking the bank.

Tip for consumers:
limited cryptocurrency pairs for trading

Thumbnail of user charliem356
New York
1 review
2 helpful votes
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July 18th, 2023

When I signed up with Hankotrade I honestly did not expect such a remarkable experience from them. They are super helpful and guide you at every step. The trading conditions, margin, spreads, fees charges, etc are really really good. The most fantastic part about Hankotrade is its quick withdrawals. Since the past 14 months my money has always hit my account in a few hours. I never had to wait a day or god forbid a week to get my funds back.

Thumbnail of user randariuse
Illinois
1 review
0 helpful votes
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September 4th, 2023

Hankotrade is my very first broker, and I'm genuinely impressed with it. They've made me feel incredibly comfortable with their offerings - especially their withdrawals. Their incredible speed of withdrawals is just exceptional. Never had to wait even for a day to get my money from them. Honestly, it's been a smooth ride for me and I'm seriously sticking with them for years to come. For everyone's proof, I am also attaching my last most recent withdrawal email :) :) Thank me later when you get your first withdrawal and that too within just 3-4 hours, literally!

Tip for consumers:
Hankotrade should provide some educational materials in user's dashboard or on their Telegram channel - that's what's missing. I'd highly suggest that to them.

Thumbnail of user douglash976
Australia
1 review
1 helpful vote
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October 12th, 2023
Verified purchase

I had signed up with Hankotrade back in 2021. I am glad I choose a reliable and legit trading broker. The account features are terrific, hassle-free deposits and withdrawals, and one thing that I appreciate the most is their customer care team which is always available to assist no matter what the issue is.

Thumbnail of user richiel27
Netherlands
1 review
0 helpful votes
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December 12th, 2023

My experience with Hankotrade has mostly been positive. The platform's user-friendliness makes it suitable for traders of all levels. However, there were a couple of instances where navigation became a bit tricky due to assets being named differently like 100GBP instead of UK100 but that's not a big deal. Also their quick withdrawals are chef's kiss

Thumbnail of user michealj87
Georgia
1 review
2 helpful votes
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July 13th, 2023

I must appreciate hankotrade's fast withdrawals. Last week I withdrew around $2800 and I got my money in just 4 hours! I was so impressed with their speedy service. Hankotrade has just earned a loyal client for a long term.

Tip for consumers:
The broker doesn't offer cTrader or advanced charting tool which is a bummer :-(

Thumbnail of user kennethb1786
GB
1 review
0 helpful votes
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September 5th, 2023
Verified purchase

Hankotrade has been my trading partner for the past 3 months, and I'm genuinely impressed. What I love the most about them is their lightning fast withdrawals. Whenever I want my money, they don't keep me waiting (attached is my most recent withdrawal from them that took only 2 hours). The best part is, hanko's trading platform is very easy to use. This broker is the real deal - they've earned my trust and I'm not switching my broker anytime soon.

Tip for consumers:
IMO, there should be more withdrawal options - out of which bank transfers seem to be the most convenient channel.

Thumbnail of user fredl347
Delaware
1 review
1 helpful vote
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March 21st, 2023

Hankotrade's tight spread are literally cutting down my trading costs and I am able to stay close to current market costs. Giving it 4 stars because at times I do not get prompt replies to my queries. Would love to give them 5 stars if they work on their support system.

Tip for consumers:
Directly consult your account manager rather than calling Hankotrade's only phone number they've got.

Thumbnail of user tasham230
Delaware
1 review
1 helpful vote
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August 31st, 2023

I am very much impressed with hankotrade's speedy withdrawal process. They didn't make me wait for my own money and quickly processed my request to draw 8,731 in just 3 hours (p.s.: I've attached the screenshot for reference :)) . Their remarkable speed and efficiency deserve applause. Kudos to hanko for their prompt withdrawal process.

Tip for consumers:
If anyone doesn't get the withdrawal within 3 hours, I'd suggest reaching out to Alex Shane. He is quite responsive and keeps you updated about the withdrawal process.

Thumbnail of user daniels4054
Georgia
1 review
1 helpful vote
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June 14th, 2023

Hankotrade hands down has some killer perks for traders. Their spreads are ridiculously low and help me cut down my trading cost. And let me tell you the most amaxing thing about them is that their slippage is almost non-existent. Besides, that Hankotrade has always processed my withdrawals quickly without any troubles. The max that i had to wait for my funds was 2 days and not more than that.

Tip for consumers:
the services are quite satisfactory and customer service is also good so all in all its a good brokergae house

Products used:
I used their crypto and forex currency pairs to trade.

Thumbnail of user nickc943
Georgia
1 review
1 helpful vote
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April 10th, 2023

I opened my account with Hankotrade a few months back for $250 and had no issues with the platform. I recently made some small profits of $89 and decided to withdraw all my funds. But I lost my security code to access the member portal account, and Hankotrade denied processing my withdrawal request. Not going to lie, it caused me some inconvenience but the customer care agent Neil Kirby was extremely patient and responsive to resolving my issues. He asked for my registered email to reset the password from his end. It took him 2 hours to solve my issue, and he kept me updated the entire time.

Within 4 hours, I got the confirmation email of the funds transfer from my hankotrade account to my coinbase wallet. I was highly impressed with Hankotrade's service. Honestly I thought I had lost my money but the broker addressed my issues even for a small amount. I am glad I chose Hankotrade as my trading broker.

Thumbnail of user alexa1525
Germany
1 review
1 helpful vote
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August 22nd, 2023
Verified purchase

While trading with Hankotrade, I had a problem placing orders due to a technical glitch. I quickly contacted their customer support using the live chat on their website. They were super fast! They found the issue with their platform and told me they'd fix it fast. They also said I wouldn't lose anything because of the issue. In less than 15 minutes, they told me it was all fixed, and I could start trading again. Hankotrade's awesome support showed me they care about fixing problems fast and making trading easy. Also they are super quick to process withdrawal requests to brownie points for that.

Tip for consumers:
No educational material

Thumbnail of user barbarah2823
Illinois
1 review
2 helpful votes
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April 1st, 2023

At first, I was a bit hesitant to trust hankotrade, especially after reading some negative hankotrade reviews about their late withdrawals and hidden fees. But.after doing some research and comparison of hanko's spreads with other regulated brokers, I decided to give them a try. Literally I never once experienced any pricing manipulations or other shady tactics. In fact, I found their platform to be very transparent about withdrawals and fees. Plus, the customer support team was always available to answer my questions and provide assistance whenever I needed help!

Thumbnail of user normana137
Illinois
1 review
0 helpful votes
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April 27th, 2023

I recently had to withdraw some of my profits from hankotrade and I was feeling a little anxious about the process. But to my surprise, the process only took about 3 hours. I couldn't believe it. It was such a relief to see my funds in Coinbase wallet. Honestly I didn't think that I would get my money back so easily, lol. I was mentally ready to receive it after a few days. But, thank god that didn't happen. Also...it is worth mentioning that they have somewhat limited crypto pairs for trading. They should definitely consider adding more, IMO!

Tip for consumers:
Deposits and withdrawals only by cryptocurrencies, no bank transfer available.

Thumbnail of user freds762
New York
1 review
0 helpful votes
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December 19th, 2022

They will take your all your money and never pay you anything. Karan Saini, Samir Singh, Rayan Mathew and thos who are associated with this co never honor their promise. Please do not invest and waste your time. I lost huge money and the saruwealth re co ve ry,com save me through

Thumbnail of user smithm127
Sweden
1 review
0 helpful votes
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March 3rd, 2023

I had a bad experience with this company and I almost lost all I invested!
But I later found solutions from thesa ru we al th re co ve ry com save me through

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3.5
27 reviews
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