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Hankotrade fees
Cost is where brokers in the same regulatory bracket actually differ. The full fee record for Hankotrade, from the database.
Facts last checked . Read the full Hankotrade review.
What it costs to trade
- Spread from
- 0.0 pips
- EUR/USD spread
- Approx. 0.1 pips, ECN
- GBP/USD spread
- Approx. 0.3 pips, ECN
- Commission
- $2 per side / $4 round turn, ECN
- All-in cost, EUR/USD
- Approx. 0.5 pips
- Spread type
- Variable
- Overnight swap
- Both: overnight swaps may be charged or credited
- Deposit fee
- None internally
- Withdrawal fee
- None for withdrawals of $50+; smaller withdrawals subject to a fee
- Currency conversion
- Not publicly disclosed
What this means
Cost is where brokers in the same regulatory bracket actually differ.
A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.
Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.
Hankotrade lists a minimum deposit of $15. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.
Questions about Hankotrade fees
What is the EUR/USD spread at Hankotrade?
Hankotrade records an average EUR/USD spread of approx. 0.1 pips, ECN on a variable pricing model.
Does Hankotrade charge commission?
Hankotrade's commission is $2 per side / $4 round turn, ECN. A commission account usually pairs with a tighter spread, so the two have to be read together.
Does Hankotrade charge to deposit or withdraw?
Deposit fees at Hankotrade: None internally. Withdrawal fees: None for withdrawals of $50+; smaller withdrawals subject to a fee.