Just Markets vs Hankotrade | Compare Pros, Cons and More in 2024

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Just Markets vs Hankotrade: In a Nutshell

Just Markets

JustMarkets Overview
  • Founded In: 2012
  • Minimum Deposit: $1
  • Maximum Leverage: 1:3000
  • Regulations: FSA, Cysec,FSCA,FSC
  • Trading platform: MT4, MT5
  • Account Types: Standard, Raw, Pro 
  • Payment Options: VISA, MasterCard, Airtm, Binance/Binance Pay, Bitcoin, Bitcoin Cash, Boleto, Dogecoin (DOGE), Ether/Ethereum, FasaPay, Litecoin, Local Bank Transfers, Neteller, PayRetailers, PerfectMoney, PromptPay, Ripple (XRP), Skrill, Tether (USDT)
  • US Traders: Not Accept

Hankotrade

What makes Hankotrade stand out among unregulated brokers is its ECN Plus account with low commissions and trading on the MetaTrader platforms; MT4 and MT5. There are no restrictions on strategies and no deposit and withdrawal fees. Traders are rewarded with bonuses.

Hankotrade Overview
  • Founded In: 2018
  • Broker Type: ECN/STP
  • Minimum Deposit: $10
  • Maximum Leverage: 1:500
  • Regulations: None 
  • Trading platform: MT4 ,MT5,Webtrader
  • Account Types: 4 Types of Accounts ( STP, ECN, ECN Plus, Islamic)
  • Payment Options: Bitcoin cash. Reimbursed
  • US Traders: Accepted 

Just Markets vs Hankotrade: Side By Side Comparison

Just Markets
Hankotrade
Product
Founded In
Founded In
2012
2020
Founded By
Founded By
Not Found
Not Found
Headquarters
Headquarters
Mahe, Seychelles
Dubai, UAE
Regulations
Regulations
FSA, Cysec,FSCA,FSC
None
Min Deposit
Min Deposit
$1
$10
Max Leverage
Max Leverage
1:3000
1:500
Tradable Assets
Tradable Assets
Forex ,CFDs , Gold , Oil
Cryptocurrencies, indices and commodities.
Fees
Fees
Spread from 0.1 pips
Spread from 0.7 pips
Platforms and Tools
Platforms and Tools
MT4,MT5
MT4 ,MT5,Webtrader
US Traders
US Traders
Not Allowed
Allowed

Just Markets vs Hankotrade: Pros and Cons

Just Markets Pros & Cons

Pros
  • Regulated by CySEC, FSC, FSA-S 
  • The minimum deposit is as low as $1 
  • Maximum Leverage is 1:3000 (up to 1:30 for retail clients and up to 1:3000 for professional clients on justmarkets.eu )
  • All strategies are allowed (Scalping, News trading, EA Trading) 
  • Negative balance protection;
  • Multilingual support 24/7.
  • MetaTrader 4/5 Offered
  • Spreads from 0 pips
  • 170+ trading instruments
Cons
  •  Not regulated by tire regulators like FCA, ASIC 
  •  No passive investment program ( MAM, PAMM Accounts) 
  •  US, UK, or Japan Traders are not accepted 
  •   A small selection of trading instruments;
  • Sometimes it takes time to receive a response from technical support;
  •  3% withdrawal fees if you do not have any trading activities 

  

Hankotrade Pros & Cons

Pros
  • Maximum Leverage is as high as 1:500
  • Faster Trade Execution with ECN/STP Model
  • Low Minimum Deposit ($10)  
  • Tight spreads starting from just 0.0 pips
  • Multiple account types including Islamic, STP, ECN, and ECN Plus accounts.
  • PAMM/MAM accounts are available for interested investors and fund managers.
  • Tools like the Economic Calendar, trading calculators, and VPS are provided.
  • Demo accounts are available for testing trading strategies. 
  • Overall Very Low Trading Fees 
  • Crypto Deposits and Withdrawals available
  • Due to the absence of regulatory restrictions, the broker is open to clients worldwide
  • Allows Scalping, News trading, EA Trading, and FIFO Trading. 
Cons
  • The Broker is not regulated 
  • Only crypto deposits and withdrawals are available 
  • Lack of Educational Resources 
  • No Investor Protection Scheme 
  • No Telephone Service Line 
  • Limited Educational Resources 
  •  NO Ctrader trading platforms 

JustMarkets Vs Hankotrade: Our Scores and Ratings

We rated both brokers, JustMarkets and Hankotrade, on a scale of 1 to 10, with 0.1 increments. To achieve a comprehensive rating, we broadly grouped all services offered by brokers into 6 macro categories and assigned percentage weights to them. Each macro category is subdivided into several data points which contributes to the total score of 1.0-10.0 assigned to each macro category. Since all categories are not equally important, our weight percentage plays a significant role in assessing the broker accurately. For example, Regulation and Security contributes a total weight of 40% to the whole ratings because this is the most important rating category. To learn more, read our methodology.

JustMarkets:

9
Just Markets Score
Regulation and Security (40%)9
Fees and Commissions (20%)9
Trading (15%)9
Trading tools (10%)9
Customer Support (10%)9.5
Trading Education (5%)8

Hankotrade

4
Hankotrade Scores
Regulation and Security (40%)1.5
Fees and Commissions (20%)8
Trading (15%)7
Trading tools (10%)1
Customer Support (10%)5.5
Trading Education (5%)1

Final Verdict :

Written by

Jason Paine is a forex trader, researcher, and tech enthusiast. He is passionate about financial markets and cutting-edge technology. With a dynamic 16-year trading career, he's on a mission to guide fellow traders. Having navigated diverse forex brokers, Jason shares his insights at Brokersway to bridge the gap between traders and the right brokerage.

DisclosureAt Brokersway we're committed to delivering unbiased information. our opinions are our own and are not influenced by the payment we receive from our advertising partners. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation of how we make money.

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