The variety of trading instruments offers greater opportunities and account freedom for Hankotrade clients. Built by traders for traders, the Hankotrade team members have a vast amount of trading experience across financial markets from Asia to North America. The brokers mission is to provide retail and institutional clients around the world with an exceptional trading environment and empower them to reach their full potential. ECN account has a minimum deposit of $100 and spreads starting from 0.0 pips. The commission is $2 per side per $100,000 traded, while the leverage and lot size are the same as the previous option. Traders can find an FAQ section on the broker’s website; it offers instant answers to some common questions that traders have.
With the VPS, you can rest assured that your system is running and see trade signals without having to be on your laptop or computer at all times. Upon opening their website, it was found that Hankotrade broker claims to offer trade in a variety of tradable instruments. The brokerage firm offers online trade with the help of trading software. If a broker is a scam, the claims made are false and it ultimately results in a broker getting scammed. Hankotrade broker has been reported to make false claims on its website and there have been a number of consumer complaints against this broker. How can you trust a broker who does not stick to its promises?
The forex calculator works out any financing charges or credits on legacy accounts. This helps to ensure a smooth and convenient forex trading experience. The source of this information is the website and the broker’s trading platform listed in the Web section of this review.
The Hankotrade ready-to-assist client agents are available for customers at all times. You can reach them conveniently from live chat on the brokers website or leave them a message and they will be happy to help. There isn’t a contact telephone number provided but we managed to speak with someone on the live chat right away. They are very prompt, polite and helpful from my experience.
There was a slight hiccup with a trade order on my account. I made a rightful complaint and they handled the matter swiftly and appropriately.
That may change over the years as more and more forex and CFD traders make the switch to the more powerful MT5 platform. We highly recommend you to read the user reviews on our website before you start trading with this brokerage company. It will help you to determine if HankoTrade is a scam or not. 3 months and still on the go, finally a broker with perfect trading conditions. Highly recommended for both newbie and experienced traders. When a broker have the power to erase trade history in mt5 , that is very very concerning.
There is also an economic calendar built-in whereas MT5 supports more order types. It also has depth of market pricing and a multicurrency strategy tester to back test expert advisors over multiple instruments at the same time. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
I will continue to refer my friend and family to this platform. They changed a winning trade into a losing trade by manipulating the open price and the close price hours after the trade was closed in profit. I contacted support with the trade ID and the detailed report from MT4. I will report back if they will honor the winning trade or if they are truly a fraudulent broker. Needs to review the security of your connection before proceeding.
You acknowledge and agree that you shall use and access Hankotrade System at your own risk. The team at MyChargeBack – a specialist group dedicated to helping consumers recover funds lost online – is available 24/7 and has helped consumers all over the world recoup millions of dollars. There are a lot of brokers out there operating under fake company names or that have other fraudulent operations. A little bit of preliminary research can go a long way in protecting you and your finances. This company does not appear to be regulated by any government authority at this time.
We do not provide investment advice or solicitation of any kind to buy or sell any investment products. Trading carries a high level of risk and may not be suitable for all investors. You should consider whether you understand the risks involved. You can reach Hankotrade customer support via live chat or by submitting a form on the brokers website. MT5 has enhanced market analysis using 38 different technical indicators, 44 analytical objects and depth of market pricing. In addition to USD, EUR and CAD, MT5 allows you to trade on Bitcoin denominated accounts.