Hankotrade Review: Major Key Findings for 2023

This Hankotrade review will explain if Hankotrade is a legit Forex broker and why traders should trade with it in 2023 to get terrific results.To get more news about hankotrade, you can visit wikifx.com official website.

The Forex market is expanding by leaps and bounds with each passing day. Many enthusiastic individuals are excited to make a sustainable career by trading currencies. They are passionate, eager to learn and practice, and stay consistent.

However, one of the most common problems these newbie traders face is not knowing which broker to trust. There are plenty of options to choose from, but, unfortunately, some brokers are sheer scams and don’t have the traders’ best interest.

Hence, before signing up with any broker, conduct a thorough research about it, and read reviews about them to make your final call.
What is Hankotrade?
Hankotrade is a global Forex, Commodities, CFD Indices, and Cryptocurrency broker. Hankotrade is created, managed, and run by a competent and experienced team of traders who understand a trader’s needs in the trading market. The creators of Hankotrade have successfully traded and earned a good profit in the primary money markets from Asia to North America since the 1980s.

Which Features Set Hankotrade Apart from Others?
Selecting the right broker can make or break your trading game. Hence, whenever you face the dilemma of choosing a broker, compare its features with its competitors. Making a comparison will make it easier for you to find the right broker for your trading career.
1. Quick Account Opening
Opening an account with Hankotrade is an absolute no-brainer. The broker promises a quick sign-up and hassle-free process. All that you have to do is visit their website, navigate to account types, select the account type, and voila!

Yes, that’s how easy it is to open the account. It hardly takes 5 minutes to set up your account and start trading.

2. Minimum Deposit Requirement
The Forex market is risky, and one wrong decision can snatch away all your resources. That’s why new traders are advised to invest small, trade vigilantly, and gradually increase their capital. Considering the inexperienced and new traders, Hankotrade offers an STP account requiring a minimum deposit of $10.This account is ideal for individuals who want to learn how to trade without draining their savings in a blink.

3. Low Commissions
It is an open secret that brokers charge their commissions on traders’ earnings. However, you’d be delighted to learn that Hankotrade doesn’t deduct a significant chunk of its customers’ hard-earned money.

Hankotrade charges as low as $0 on the STP account. It charges $2 on an ECN account per $100k traded and $1 on an ECN Plus account per $100k traded. This means you won’t be stripped of your earnings by the broker.

4. Low Spreads
A trading account that offers a low spread is ideal for trading. However, not many brokers in the market offer this facility. But, safe to say Hankotrade’s spread starts from 0.0.

One of the significant benefits of low spreads is that it allows traders to enter or exit the trade without worrying about additional trading costs.
5. 100% Deposit Bonus
Hankotrade’s 100% Bonus helps its clients to increase their account margin. The best part about their bonus program is that traders do not have to deposit a hefty sum to enjoy the bonus. Instead, they can get a bonus on depositing as low as $100. Hankotrade will match and credit the bonus to its clients’ accounts.

This lucrative offer allows traders to increase their trading funds and leverage their accounts. Hence, overall making the trading experience smoother for them.