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Hankotrade accounts and how they score
Account range and entry terms feed the rating. Here are Hankotrade's accounts and the facts the score is built on.
Facts last checked . Read the full Hankotrade review.
Accounts
- Minimum deposit
- $15
- Account types
- STP, ECN, ECN Plus, Islamic, Demo
- Account currencies
- USD, CAD, EUR, AUD
- Islamic account
- Yes
- Demo account
- Yes
- Professional account
- No dedicated professional classification
- Minimum trade size
- 0.01 lots
- Time to open
- Typically a few minutes
What this means
Hankotrade runs 5 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.
Base currencies: USD, CAD, EUR, AUD. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.
The smallest position is 0.01 lots. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.
A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.
Questions about Hankotrade accounts
What account types does Hankotrade offer?
Hankotrade offers 5 account types: STP, ECN, ECN Plus, Islamic, Demo.
What is the minimum deposit at Hankotrade?
The minimum deposit at Hankotrade is $15. It can differ by account type and by the entity you register with.
Does Hankotrade offer an Islamic account?
Yes. Hankotrade offers a swap-free account for clients who need one.