Comparison of Hankotrade and KOT4X
| Feature | Hankotrade | KOT4X |
|---|---|---|
| Broker | ||
| Year Founded | 2010 | 2019 |
| Broker Type | ECN, STP | ECN |
| Dealing | A-book | A-book |
| Execution | Market | Market |
| Regulation | - | SVGFSA |
| Platforms | HankoX, HankoSocial | TradeLocker |
| Spread | ⬊ Low | ⬊ Low |
| Maximum Leverage | 1:500 | 1:500 |
| Minimum Deposit | $15 | $10 |
| Base Currencies | USD, EUR, CAD, AUD | USD, BTC, ETH, USDT |
| Funding Methods | Cryptocurrencies (BTC, ETH, USDT, BCH, USDC, TUSD) | Cryptocurrencies (BTC, ETH, LTC, DOGE, USDT ERC‑20/TRC‑20), card payments via crypto processors |
| Inactivity Fee | ✖ | ✖ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | - | - |
| Protection Size | - | - |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✖ |
| Guaranteed Stop Loss | ✖ | ✖ |
| Copy Trading | ✔ | ✖ |
| VPS | ✖ | ✖ |
| MAM/PAMM | ✔ | ✖ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✖ | ✔ |
| Tradable Assets (CFDs) | Forex, Commodities, Indices, Cryptocurrencies | Forex, Indices, Shares, Commodities, Cryptocurrencies |
| Review | Hankotrade Review | KOT4X Review |
About Hankotrade
Hankotrade is an offshore ECN broker founded in 2010. Traders can choose between STP, ECN and ECN Plus accounts with deposits from $15, floating spreads from 0 pips and leverage up to 1:500. The company offers its own HankoX terminal, supports scalping and algorithmic trading, and processes deposits/withdrawals exclusively in popular cryptocurrencies.
Pros
- Crypto funding and $15 minimum deposit
- ECN spreads from 0 pips with low commissions
- Proprietary HankoX platform
Cons
- Unregulated offshore entity
- Crypto‑only payments, no fiat cards/wires
- No investor compensation scheme
- Limited educational resources
About KOT4X
KOT4X is an offshore ECN broker founded in 2019 and registered in St Vincent & the Grenadines and Jamaica. It offers accounts with raw spreads from 0.0 pips, $10 crypto only deposits and up to 1:500 leverage. Traders get 250+ instruments across FX, indices, equities, metals, energies and crypto on the browser based TradeLocker. Funds are kept in segregated accounts, Islamic swap-free options are available, but the broker remains unregulated and lacks copy-trading or robust education.
Pros
- Low $10 crypto deposit and no deposit fees
- Raw‑spread ECN trading with 1:500 leverage
- 250+ markets incl. 23 cryptos and 38 stocks
- Segregated client funds
Cons
- Offshore entity
- Crypto‑only funding & withdrawals
- No built‑in copy trading or advanced education
- No investor‑compensation scheme
Hankotrade & KOT4X Regulation
| Feature | Hankotrade | KOT4X |
|---|---|---|
Companies | Hankotrade Global Markets Limited | Kot Ltd, |
Countries | Belize | Saint Vincent and the Grenadines, Jamaica |
Regulators | - | SVGFSA |
Investor Protection | - | - |
Investor Protection Size | - | - |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
Hankotrade
Hankotrade Global Markets Limited
KOT4X
Kot Ltd,
Countries
Hankotrade
Belize
KOT4X
Saint Vincent and the Grenadines, Jamaica
Regulators
Hankotrade
-
KOT4X
SVGFSA
Investor Protection
Hankotrade
-
KOT4X
-
Investor Protection Size
Hankotrade
-
KOT4X
-
Publicly Traded
Hankotrade
KOT4X
Segregated Accounts
Hankotrade
KOT4X
Guaranteed Stop Loss
Hankotrade
KOT4X
Negative Balance Protection
Hankotrade
KOT4X
Account Types
| Account | Hankotrade | KOT4X |
|---|---|---|
STP Account | ||
| Account Name | STP | — |
| Min Deposit | $15 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.7 | — |
| Fee | No | — |
| Max Leverage | 1:500 | — |
| Stop Out | 50% | — |
| Margin Call | 80% | — |
ECN Account | ||
| Account Name | ECN | Pro Pairs |
| Min Deposit | $100 | $10 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0 | 0 |
| Fee | $4 per 1 lot | $7 per 1 lot |
| Max Leverage | 1:500 | 1:500 |
| Stop Out | 50% | 50% |
| Margin Call | 80% | 80% |
Zero Account | ||
| Account Name | ECN Plus | — |
| Min Deposit | $1000 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0 | — |
| Fee | $2 per 1 lot | — |
| Max Leverage | 1:500 | — |
| Stop Out | 50% | — |
| Margin Call | 80% | — |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
STP Account
Account Name
Hankotrade
STP
KOT4X
—
Min Deposit
Hankotrade
$15
KOT4X
—
Lot Size
Hankotrade
0.01
KOT4X
—
Spread Type
Hankotrade
Floating
KOT4X
—
Execution
Hankotrade
Market
KOT4X
—
Min Spread
Hankotrade
0.7
KOT4X
—
Fee
Hankotrade
No
KOT4X
—
Max Leverage
Hankotrade
1:500
KOT4X
—
Stop Out
Hankotrade
50%
KOT4X
—
Margin Call
Hankotrade
80%
KOT4X
—
ECN Account
Account Name
Hankotrade
ECN
KOT4X
Pro Pairs
Min Deposit
Hankotrade
$100
KOT4X
$10
Lot Size
Hankotrade
0.01
KOT4X
0.01
Spread Type
Hankotrade
Floating
KOT4X
Floating
Execution
Hankotrade
Market
KOT4X
Market
Min Spread
Hankotrade
0
KOT4X
0
Fee
Hankotrade
$4 per 1 lot
KOT4X
$7 per 1 lot
Max Leverage
Hankotrade
1:500
KOT4X
1:500
Stop Out
Hankotrade
50%
KOT4X
50%
Margin Call
Hankotrade
80%
KOT4X
80%
Zero Account
Account Name
Hankotrade
ECN Plus
KOT4X
—
Min Deposit
Hankotrade
$1000
KOT4X
—
Lot Size
Hankotrade
0.01
KOT4X
—
Spread Type
Hankotrade
Floating
KOT4X
—
Execution
Hankotrade
Market
KOT4X
—
Min Spread
Hankotrade
0
KOT4X
—
Fee
Hankotrade
$2 per 1 lot
KOT4X
—
Max Leverage
Hankotrade
1:500
KOT4X
—
Stop Out
Hankotrade
50%
KOT4X
—
Margin Call
Hankotrade
80%
KOT4X
—
Additional Features
Demo Account
Hankotrade
KOT4X
VIP Account
Hankotrade
KOT4X
Swap-Free Account
Hankotrade
KOT4X
Copy Trading
Hankotrade
KOT4X
VPS
Hankotrade
KOT4X
PAMM/MAM Accounts
Hankotrade
KOT4X
Funding and Fees
| Feature | Hankotrade | KOT4X |
|---|---|---|
Base currencies | USD, EUR, CAD, AUD | USD, BTC, ETH, USDT |
Deposit and withdrawal methods | Cryptocurrencies (BTC, ETH, USDT, BCH, USDC, TUSD) | Cryptocurrencies (BTC, ETH, LTC, DOGE, USDT ERC‑20/TRC‑20), card payments via crypto processors |
Inactivity fee | ||
Interest on margin | ||
Withdrawal fee |
Base currencies
Hankotrade
USD, EUR, CAD, AUD
KOT4X
USD, BTC, ETH, USDT
Deposit and withdrawal methods
Hankotrade
Cryptocurrencies (BTC, ETH, USDT, BCH, USDC, TUSD)
KOT4X
Cryptocurrencies (BTC, ETH, LTC, DOGE, USDT ERC‑20/TRC‑20), card payments via crypto processors
Inactivity fee
Hankotrade
KOT4X
Interest on margin
Hankotrade
KOT4X
Withdrawal fee
Hankotrade
KOT4X
Trading Platforms and Conditions
| Feature | Hankotrade | KOT4X |
|---|---|---|
Trading Platforms | HankoX, HankoSocial | TradeLocker |
Execution Speed | 150 ms | 150 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Platforms
Hankotrade
HankoX, HankoSocial
KOT4X
TradeLocker
Execution Speed
Hankotrade
150 ms
KOT4X
150 ms
Scalping
Hankotrade
KOT4X
Expert Advisors (EAs)
Hankotrade
KOT4X
Depth of Market (DOM)
Hankotrade
KOT4X
Spread
Hankotrade
low
KOT4X
low
Trading Assets
| Asset | Hankotrade | KOT4X |
|---|---|---|
Currencies | 55 | 57 |
Indices | 11 | 13 |
Stocks | 0 | 38 |
Cryptocurrencies | 20 | 23 |
Bonds | 0 | 0 |
Metals | 4 | 8 |
Energies | 4 | 5 |
Soft Commodities | 0 | 0 |
ETFs | 0 | 0 |
Currencies
Hankotrade
55
KOT4X
57
Indices
Hankotrade
11
KOT4X
13
Stocks
Hankotrade
0
KOT4X
38
Cryptocurrencies
Hankotrade
20
KOT4X
23
Bonds
Hankotrade
0
KOT4X
0
Metals
Hankotrade
4
KOT4X
8
Energies
Hankotrade
4
KOT4X
5
Soft Commodities
Hankotrade
0
KOT4X
0
ETFs
Hankotrade
0
KOT4X
0
Education and Analytics
| Feature | Hankotrade | KOT4X |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
Hankotrade
KOT4X
Indicators
Hankotrade
KOT4X
Robots
Hankotrade
KOT4X
Signals
Hankotrade
KOT4X
Autochartist
Hankotrade
KOT4X
Expert Analytics
Hankotrade
KOT4X
News Feed
Hankotrade
KOT4X
Education Articles
Hankotrade
KOT4X
Webinars
Hankotrade
KOT4X
Seminars
Hankotrade
KOT4X
Bonuses
| Bonus | Hankotrade | KOT4X |
|---|---|---|
| Welcome Bonus | ||
| Is available | ||
| Size | 100%, up to $1000 | — |
| Details | Learn More | — |
Welcome Bonus
Is available
Hankotrade
KOT4X
Size
Hankotrade
100%, up to $1000
KOT4X
—
Details
Hankotrade
KOT4X
—
Customer Support
| Contact | Hankotrade | KOT4X |
|---|---|---|
Email | support@hankotrade.com | support@kot4x.com |
Instagram | — |
Email
Hankotrade
KOT4X
Instagram
Hankotrade
—
KOT4X
Which Broker is Better?
After comparing Hankotrade and KOT4X, KOT4X comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.