Hankotrade Review: STP broker offers rewards for strategy sharing

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Yaroslav Dmytrenko

13.11.2025

Hankotrade Review: STP broker offers rewards for strategy sharing — Hankotrade launches `Best Trader` program for the global community

Hankotrade, a broker operating under the Straight Through Processing (STP) model and serving both retail and professional traders, has invited its subscribers to become top traders by sharing their strategies with the global trading community.

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By sharing their trades, traders can improve their status, earn additional income by helping others succeed, and strengthen their professional reputation at the same time.

Hankotrade announced the initiative on its website under the headline “Become a Top Trader,” inviting users to register, although further details have not yet been disclosed. Those interested can learn more by filling out a form and subscribing through the broker’s website.

Operating under the STP model, Hankotrade routes orders directly to liquidity providers. The broker earns from small commissions or markups on market spreads rather than trading against clients, thus eliminating potential conflicts of interest. This model also supports scalping and automated trading strategies (EAs) — features sometimes restricted under ECN or market-maker models.

Advantages and drawbacks of an unregulated broker

However, traders should note that Hankotrade is an unregulated broker, with its office located in Port Harcourt, Rivers State, Nigeria.

The company offers access to forex pairs and CFDs on indices, commodities, metals, and cryptocurrencies through MetaTrader 4 and MetaTrader 5, available on desktop, web, and mobile.

Hankotrade provides three account types:

STP (minimum deposit $10),
ECN ($100), and
ECN Plus ($1000).

Leverage is available up to 1:500, and negative balance protection is included. Key advantages include tight spreads from 0.7 pips, zero deposit and withdrawal fees, PAMM and MAM account support, passive investment options, demo accounts, 24/7 customer support, and cryptocurrency deposits, including Bitcoin.

The disadvantages include mandatory account verification, a limited range of payment options, and a narrower asset selection compared to larger brokers — with no access to stocks or ETFs. Due to its unregulated status and restricted market coverage, Hankotrade may not be suitable for risk-averse or advanced traders seeking greater investor protection and broader market exposure.

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