Hankotrade broker Accounts

Hankotrade Account Type

Hankotrade offers three primary account types designed to cater to different trading needs and preferences:

1. STP Account

• Minimum Deposit: $10
• Spreads: Starting from 0.7 pips
• Leverage: Up to 1:500
• Commission: None (zero commissions)
• Negative Balance Protection: Yes
• Islamic Account Option: Available
• Suitable For: Beginners seeking a straightforward trading experience.

2. ECN Account

• Minimum Deposit: $100
• Spreads: Starting from 0.0 pips
• Leverage: Up to 1:500
• Commission: $2 per side per $100k traded
• Negative Balance Protection: Yes
• Islamic Account Option: Available
• Suitable For: More experienced traders looking for tighter spreads and are willing to pay a small commission.

3. ECN Plus Account

• Minimum Deposit: $1,000
• Spreads: Starting from 0.0 pips
• Leverage: Up to 1:500
• Commission: $1 per side per $100k traded
• Negative Balance Protection: Yes
• Islamic Account Option: Available
• Suitable For: Professional traders who require the best trading conditions with ultra-low commissions.

Hankotrade Broker Account Opening Process

Opening an account with Hankotrade is a simple and efficient process, consisting of the following steps:

1. Visit the Official Website: Go to Hankotrade's homepage.
2. Click on the "Register" Button: This will direct you to the registration form.
3. Fill Out the Registration Form: Provide your personal information, including your name, email address, and contact details.
4. Agree to Terms and Conditions: Review and accept the broker's terms and conditions.
5. Submit the Form: After confirming your agreement, submit the registration form.
6. Email Verification: A one-time password (OTP) verification code will be sent to your email. Check your inbox and enter the code on the website to verify your email.
7. Select Your Account Type: Choose the type of trading account you wish to open (STP, ECN, or ECN Plus).
8. Deposit Funds: Fund your account using one of the available payment methods.
9. Start Trading: Once your account is funded, you can log in and begin trading.