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Probability You Would Recommend? 10 out of 10
"Hankotrade" 5 out of 5 stars Posted 2024-02-17
Pros: A good and reliable broker who has not abandoned his clients. Responsive technical support. I like Hankotrade.
Cons: There is little educational information for traders on trading with this broker.
Overall: Hankotrade surprised me with how quickly they adapt to changes. When MetaQuotes revoked their license, I feared being stuck, but they swiftly introduced ACT Trader. Now, I'm getting used to the demo account on this new platform. It's reassuring to have a broker that's nimble and won't leave me high and dry, ensuring I can continue trading seamlessly. This adaptability is crucial, and Hankotrade seems to prioritize staying ahead of industry shifts, offering continuity for traders like me.
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Probability You Would Recommend? 9 out of 10
"This broker suits me." 5 out of 5 stars Posted 2024-02-15
Pros: Withdrawing funds without problems. Good leverage. Good technical support, answers questions quickly.
Cons: Every broker has its drawbacks. This broker does not have many drawbacks; I don’t plan to change broker yet.
Overall: I haven't encountered any issues with Hankotrade so far. Withdrawals have been smooth, and scalping is allowed without any problems. There doesn't seem to be a specified maximum number of trades. Regarding regulation, while they're unregulated, it hasn't affected their performance or services negatively. Sometimes, brokers choose to operate without strict regulations to offer more flexible trading conditions like better leverage.
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Probability You Would Recommend? 10 out of 10
"Broker for a solid 4." 4 out of 5 stars Posted 2024-01-15
Pros: Low commission. Clear trading platform. Minimal slippage. Technical support quickly answers questions.
Cons: There are no more frequent updates from Hankotrade, daily reports should be added.
Overall: There's room for improvement in the frequency of email trading reports. Monthly reports fall short of my preference; I'd like more frequent updates from Hankotrade, possibly daily report.
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Probability You Would Recommend? 9 out of 10
"Excellent services and timely withdrawals " 5 out of 5 stars Posted 2024-01-02
Pros: 1) Professional customer care team
2) Low commission charges
3) Minimal slippage
4) On time withdrawal-no crazy waiting hoursCons: The only thing that Hankotrade must to do to tick all boxes of a perfect broker is to add more modes of payment. I'd really prefer bank transfers over crypto.
Overall: I was caught up in a huge mess when the broker migrated from Meta trader to act trader. Had trouble logging in and getting my balance back but Hankotrade's team promptly helped me to access my account and everything went smoothly after that.
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Probability You Would Recommend? 10 out of 10
"I like the broker." 5 out of 5 stars Posted 2023-12-24
Pros: Good platform for trading. No problems with withdrawals. I like trading here.
I recommend trading for beginners.Cons: I trade here. I like everything so far. I haven't encountered any problems yet.
Overall: I've had no issues trading with them – everything goes smoothly. They provide good leverage and tight spreads, I have not had trouble withdrawing. Honest and Transparent.
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Probability You Would Recommend? 10 out of 10
"Good broker." 5 out of 5 stars Posted 2023-11-19
Pros: Great brokerage company. Fast withdrawal of funds. Good and clear platform for trading. Technical support responds quickly.
Cons: While I'm trading here, I haven't seen any cons. There are some downsides, but they don't bother me yet.
Overall: I can say that it's a really great broker company. I like their RULES and RESTRICTIONS they have for trading with them. Which is NO RULES.
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I trade FOR THE DAY and EVERYDAY I make a withdrawable profit, I have it on the same day. Shoutout to Hankotrade- The real MVP. -
Probability You Would Recommend? 9 out of 10
"Smooth trades, swift withdrawals" 4 out of 5 stars Posted 2023-10-30
Pros: 1)I really liked the fact that I could easily use my forex EA on this platform. No hassle, or troublesome hanging, just smooth trading every time.
2) Their withdrawal speed is superb! Just a few hours and your money hits your account on the same day.Cons: Limited pairs of crypto for trading and non-existent educational material on their website.
Overall: Hankotrade stands out for real. Quick withdrawals, smooth trades, and no-nonsense Forex EA integration. They've got my trust for keeping it simple and delivering on the promises.
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Probability You Would Recommend? 10 out of 10
"This broker supports EA's" 5 out of 5 stars Posted 2023-10-26
Pros: Their ECN accounts are very efficient, execution is time is quick which obviously reduces slippage and great for EAs. Connecting to an offsite VPS is also quite easy no complicated bridge and the support were helpful when I did it the first time.
Cons: The broker is too basic., beside a trading platform which is efficient they don't offer anything extra that entices me, like completion, volume rebates etc.
Overall: They support support EAs , hedging and don't have any unnecessary trading restrictions . Which means I am free to try out any strategy and automate it with them, very beneficial for me as a coder.
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Probability You Would Recommend? 9 out of 10
"Smooth execution and tight spreads are a win-win " 4 out of 5 stars Posted 2023-10-16
Pros: I started trading with Hankotrade's STP account but recently upgraded it to ECN Plus account which is spread free. the commission charges are quite attractive and overall the platform works quiet smoothly.
Cons: 1. Hankotrade's customer team needs to step up their game. The chat agent on their website sometimes takes very long to replay.
2. I was disappointed that Hankotrade doesn't offer any educational material or market forecasts on its website.Overall: I trade fx currency pairs and crypto on Hankotrade's platform and up till now I have no major complains. I am satisfied with the commission charges, withdrawal speed, and slippage is also on-existent. All in all a good broker.
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Probability You Would Recommend? 8 out of 10
"Reasonable and reliable broker " 5 out of 5 stars Posted 2023-10-05
Pros: 1. Low commission
2. Razor-sharp spreads on major currency pairs.
3. Instant help from customer service
4. Easy breezy withdrawals.Cons: The only area where I feel Hankotrade needs to upgrade itself is on the availability of advanced tools and maybe adding some expert market trends or info on their portal.
Overall: Hankotrade has been a pleasant surprise in my trading journey. What caught my attention was their fair spreads and reasonable fees, making it easier on my pocket. I've also noticed very little slippage, which is a big relief. If you're looking for a trading buddy that's easy on the wallet and keeps surprises to a minimum, Hankotrade might just be your match
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Probability You Would Recommend? 9 out of 10
"I decided to switch from an STP account to an ECN account." 5 out of 5 stars Posted 2023-09-20
Pros: Good trading conditions for trading, clear trading platform. The support team responds quickly to requests.
Cons: This broker does not have market analysis. No training materials.
Overall: I started with HankoTrade on their STP account, and while it was a good entry point with its low minimum deposit of $10 and zero commissions, I found myself wanting a bit more. So, I decided to switch to their ECN account.
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I saw the potential of tighter trading conditions for My Bot. The commission of $2 per side per $100k traded seems reasonable. Also, the GMT+2 server time aligned well with my trading preferences. The fact that EA's, hedging, and scalping were allowed on both accounts gives me the flexibility I needed.
All in all, while I started with the STP account, moving to the ECN option made sense given the improved trading conditions and potential for more precise trades. -
Probability You Would Recommend? 9 out of 10
"Enjoying hassle free trading with hankotrade " 5 out of 5 stars Edited 2023-09-19
Pros: I like their ECN Plus account which is spread-free and charges a very nominal commission. I am also impressed with their quick and hassle free deposits and withdrawals.
Cons: Hankotrade doesn't have any valuable educational content or market insights on its website or platform. It'd be great to have some important information or forecast on the platform.
Overall: Trading with Hankotrade broker is honestly stress-free. I don't have to worry about high fees or spreads, unnecessary charges on deposits or withdrawals. The best of all is that I never have to worry about my withdrawals. Hanko's swift withdrawal are such a breeze. Keep up the good work Hanko.
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Probability You Would Recommend? 10 out of 10
"Overall an excellent broker " 5 out of 5 stars Posted 2023-08-17
Pros: I'm really impressed with Hankotrade broker's amazing customer service. They're super fast and really nice whenever I need help or have questions. It feels great to know they care about their customers and give really good support.
Cons: Hankotrade needs to add with more advanced tools like some other brokers have. Also, they don't have enough learning stuff for beginners, which is a bit of a downside. Still good, but some improvements would make it even nicer.
Overall: Hankotrade broker is pretty good overall, especially with its appealing bonuses for new traders and reliable MT4 and MT5 trading platforms. And the best thing about them is their quick withdrawal, which I really appreciate.
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Probability You Would Recommend? 9 out of 10
"Great trading conditions " 5 out of 5 stars Posted 2023-08-15
Pros: I like this broker's customer service which is always ready to help. Their remarkably low spreads and commission, and the withdrawal process is simply too good. It is super fast.
Cons: Just one drawback of this broker is that it only accepts crypto. It would be great to have bank option as using crypto is not always convenient for me.
Overall: Hankotrade broker is truly praise worthy for its offerings. I really appreciate their trading conditions, low spreads, low commissions, and notably their fast withdrawal service. Throughout my experience, I have never encountered inconveniences when withdrawing my funds.
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Probability You Would Recommend? 9 out of 10
"Good broker with fantastic trading environment" 5 out of 5 stars Posted 2023-08-09
Pros: Excellent spreads, low commission charges, no withdrawal fees, speedy and timely withdrawals every time.
Cons: Slow response time via emails, limited trading tools, no educational material.
Overall: As a satisfied client of Hankotrade, I appreciate their excellent trading environment. But their customer service needs improvement especially the painfully slow email responses. But other than that I think they are doing a wonderful job in providing a good trading environment.
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Probability You Would Recommend? 10 out of 10
"No Issues to date " 5 out of 5 stars Edited 2023-08-07
Pros: Their customer service is commendable, and the crypto currency withdrawal option adds another layer of convenience for me.
Cons: The broker doesn't have advanced trading tools and a good VPN. But other than that, everything else is just great!
Overall: My experience with Hankotrade broker has been consistently positive. I've encountered no issues to date and honestly I am really happy about it. Hankotrade's seamless services, epic customer service, and quick withdrawals make it an amazing platform for every type of trader.
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Probability You Would Recommend? 9 out of 10
"Best ECN broker I've traded with " 5 out of 5 stars Edited 2023-08-11
Pros: I really like and appreciate their low spreads and commissions, no sneaky activity on my trades, smooth execution and almost instant withdrawal.
Cons: One thing that I need to address is that their customer service is good, but sometimes they are a bit slow with their replies.
Overall: I use Hankotrade regularly and I'm really happy with their low commission ECN accounts. These accounts have consistently given me good profits. I also like that I can transfer funds using cryptocurrencies, though having the option for bank transfers would be better.
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Probability You Would Recommend? 10 out of 10
"I love their margin-calls and stop-out levels!" 5 out of 5 stars Edited 2024-07-14
Pros: So, far I like everything about this broker. It has fast and friendly customer service, good execution time, minimal slippage, and overall an easy to use features and designs.
Cons: The trading tools need a lot of improvement. They are too basic and not of much use even for a novice trader like me.
Overall: Hankotrade has got my back with their margin call and stop-out levels set at 70% and 50%, respectively. It's a real relief for me to have that comfortable buffer zone. It means I won't risk losing more than I can handle which is a huge deal for me as I am just getting started with trading world. They've really taken care of their customers with this thoughtful setup!
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Probability You Would Recommend? 9 out of 10
"HANDS DOWN THE BEST BROKER!" 4 out of 5 stars Posted 2023-08-02
Pros: I really like their Helpful customer service, hassle-free withdrawals, swift execution, low commission charges, and transparency in fees and other charges.
Cons: The only small downside I've noticed is that the spreads can be a bit larger on crypto pairs. But honestly, I don't mind it at all, especially when compared to the shady practices of some other brokers out there. With Hankotrade, I feel like I can trust them completely. They've won me over, and I'm sticking with them for the long run.
Overall: I can't express how thrilled I am with Hankotrade. Starting with just $250 for a test, I withdrew it without any hassle. Then, I increased my investments to $500 and even $5000, and each time, the withdrawals went through smoothly. What really stands out is their support team - they're so knowledgeable and ready to help everytime making it easy to communicate and get help when needed. And here's the best part - they don't pressure me to invest more or try to push any unwanted decisions on me. It's refreshing to deal with a broker that genuinely values their clients.
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Probability You Would Recommend? 9 out of 10
"Hankotrade has been incredible" 5 out of 5 stars Posted 2023-07-31
Pros: I love how fast and smooth their execution speed is no lagging or malfunction. the commission rates are also good just $2 on ECN and $1 on ECN Plus account. Overall its a nice broker.
Cons: As a newbie I would have loved if Hankotrade had provided with some trading guides or tutorials on its website. But unfortunately the educational stuff is non-existent on their platform.
Overall: Hankotrade has been incredible! Their spreads are tight, and the commissions are just $2. The bonus program matched my deposit, and withdrawals in USDT were smooth. Best part? No trade manipulation! My EA runs like a charm hitting take profits consistently. Been with them for 4 months now and its been a thrilling ride. I highly recommend trading with this broker.
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