HankoTrade: HankoX accounts, crypto funding, bonus conditions and company scope

HankoTrade markets forex and multiasset CFDs through HankoX. Account navigation names STP, ECN and ECN Plus; the homepage also uses Standard, without a fourth independently specified account.[1]

Website terms exclude US and UK clients and describe HankoTrade as represented by affiliated partners. The contact page names a Belize company. A complete accepted trading agreement is still needed to establish the account’s counterparty.[20][18]

The homepage’s Standard card charges USD2 per USD100,000; STP says zero commission. Headline leverage is 1:400 versus account cards’ 1:500. The conflict remains unresolved, and account minima are not symbol-specific typical costs.[1][2]

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The forex page gives server time as GMT+2 in winter and GMT+3 in summer, with a daily 00:00–01:00 server-time break. Individual sessions and holiday changes require the live symbol schedule; the general market pages do not establish uninterrupted cryptocurrency trading.[6]

ECN charges USD2 on each side for USD100,000 traded. Opening and closing that amount therefore costs USD4 in commission alone; USD10,000 each way gives USD0.40. This calculation excludes spread, financing, conversion and execution differences. The source states traded notional, so the fee is not silently recast as a universal per-lot charge.[3]

ECN Plus halves that published rate to USD1 per side per USD100,000: USD2 for an equal-sized opening and closing, or USD0.20 on USD10,000 each way. Its higher entry requirement is a separate condition. Neither zero-pip minimum establishes a typical EUR/USD spread.[4]

Normal overnight swaps vary daily and are displayed in the terminal. The forex page describes them in points; HankoX’s platform description instead refers to USD swap values. The applicable symbol and display unit therefore matter before converting a quoted rate into account-currency cost.[6][10]

HankoX has browser access and Windows, macOS and Linux download links. Its description includes one-click trading, workspace customisation, four pending-order types, 11 chart periods, 48 indicators and 18 drawing objects. ACT-powered algorithms and Expert Advisors are advertised; that is not evidence that an MT4 program runs unchanged.[10]

STP describes market execution without a dealing desk and permits EAs, hedging and scalping. These are the broker’s execution and strategy statements, not measurements of routing or fill quality.[2]

The ECN specification publishes a 70% margin-call level and 50% stop-out. Such thresholds are account controls, not a maximum monetary loss or a guarantee that liquidation occurs at an exact price.[3]

The FAQ allows positive or negative slippage in volatile markets and says tick-data history is unavailable. It still calls the platform HankoActTrader. Demo and live accounts can coexist, but demo balances and settings do not verify real-money execution.[12]

The official iOS link leads to ActTrader, published by ActTrader Technologies Ltd for iPhone and iPad. The vendor lists market, limit and stop orders, position controls and trade-history analytics; its release notes also describe two-factor authentication. These are app capabilities, not proof that every function or security setting is enabled for a HankoTrade account.[11]

The deposit policy lists BTC, ETH, LTC, DOGE, BCH, USDT, USDC and TUSD, describes processing as instant and says fees are reimbursed. Those are company processing terms, not a guarantee of blockchain confirmation time or a fixed conversion rate into USD, CAD, EUR or AUD.[14]

The deposit-method page is internally inconsistent: its grid pairs DOGE with Solana and BCH with Polygon, while detailed cards name their respective native networks. A coin name alone is insufficient transfer information. The generated client-area address and exact supported network must be reconciled before a transfer; this article does not reproduce the contradictory grid as payment instructions.[13]

The FAQ normally returns money through the deposit method. Profits may use another method in the client’s name on request. Withdrawals with open trades require sufficient free margin; broker-to-broker transfers are not supported. These conditions do not establish an exchange-rate benchmark or guaranteed arrival time.[12]

The CFTC added HankoTrade to its RED List on 6 July 2022, identifying hankotrade.com and Seychelles as its origin. The entry says the firm appeared to solicit or accept US customer funds for activity requiring CFTC registration while not registered. This is a US registration warning. The CFTC expressly says listing does not mean that it or a court has found a violation of the Commodity Exchange Act or its rules.[22]

Account pages claim negative-balance protection; the footer warns losses can exceed deposits. No operative account clause reconciles the conflict in the inspected material. A quantified insurance or compensation entitlement was not established.[2][1]

The privacy policy describes identity and address checks and collection of payment-related information. Its retention and compliance wording is not evidence of a financial-services licence. A current firm-specific licence was not independently established; the Belize contact address should not be read as regulatory authorisation.[19]

The platform page advertises multilingual support on a 24/5 basis. No published authenticated emergency-dealing procedure or usable dealing telephone number was established. An email or form submission therefore is not treated as an accepted instruction to close a position.[10]

The privacy policy directs complaints to the compliance team through [email protected]. It does not establish a complaint-resolution deadline or external adjudication entitlement. The FAQ allows account deletion or closure while retaining required records; neither page supplies a clear funded-account inactivity tariff or dormant-account restoration schedule.[19][12]

The advertised 100% bonus requires an external deposit of at least USD100 and a live-chat request within 24 hours. It is margin credit, cannot cover floating losses and is removed when the deposit balance is consumed. Cash conversion requires standard-lot turnover equal to bonus ÷ 2; indices, metals and crude trades count at the stated 0.1-standard-lot rate. Conversion is checked hourly, with each deposit tracked separately.[16]

A bonus account’s leverage is limited to 1:200. Existing plus requested credit must be below free margin excluding bonuses. Internal transfers can remove the bonus and future eligibility; cancellation deducts the full credit from free margin. The conditional “up to 200%” offer needs a valid campaign code. Bonus value should therefore not be treated as immediately withdrawable deposit cash, and removing it can affect margin available to open positions.[16]

PAMM/MAM marketing describes a manager trading a master account with proportional allocation across individual accounts, including trades from 0.01 lot. It does not specify an investor minimum, fee schedule, mandate, withdrawal settlement or how existing trades are handled when a client disconnects. Those terms are needed before interpreting account separation as independent control of every position.[17]

The homepage marks its Top Trader copy service as available soon. This is different from an established, currently accessible copying service with confirmed exit rules.[1]

REST, Java and FIX interfaces are advertised alongside HankoX. Public key permissions, authentication, rate limits and funding or withdrawal access were not established; the interface names alone do not define client entitlements.[10]

ActTrader’s iOS release history describes an AI chat assistant for insights and guidance. That vendor description does not grant an AI system authority to open trades, change exposure or withdraw HankoTrade funds, and broker-specific availability was not tested.[11]

The current contact page names Hankotrade Global Markets Limited at Blake Building, Corner Houston and Eyre Street, Belize City, Belize. This is a company-published identity and address. No company number or financial licence is supplied there.[18]

The older CFTC entry’s Seychelles origin and the current Belize contact identity do not by themselves establish a legal migration, novation of existing accounts or continuity of regulatory permission. A dated transfer document was not located, so no such transition is asserted.[22][18]

The About page describes retail and institutional clients and access to a practice account. It does not establish a founding year, ownership chain or exchange-membership relationship; those details are not supplied from undated third-party broker reviews.[21]