Hankotrade vs Plus500

Hankotrade vs Plus500 Comparison Table 2023
Hankotrade	Plus500
Review 2 Hankotrade is #14 in our CFD broker rankings.	Review 4.1
Traders from US accepted	Traders from US not accepted See available CFD brokers
Hankotrade is an offshore broker with high leverage, low fees and a welcome bonus.	Plus500 is a leading brokerage, listed on the London Stock Exchange with 25+ million registered traders. The firm specializes in CFD trading on its intuitive, in-house platform and mobile app. Spreads are low and there are no deposit or withdrawal fees. Plus500 also has a high trust score with licenses from reputable regulators, including the FCA, ASIC and CySEC.
	82% of retail CFD accounts lose money.
Bonus Offer
100% Deposit Bonus
Comment by Reviewer
	"Plus500 offers one of the best trading platforms for beginners. With a modern design and dynamic charting, we found it great for trading CFDs on popular financial markets. The $100 minimum deposit and unlimited demo account also make Plus500 accessible for aspiring investors."
Pros
Demo account MT4 integration Low minimum deposit	Zero commissions and tight spreads on over 2,000 instruments across forex, shares, indices, commodities, cryptos and ETFs Premium service for professional traders with fee rebates, external webinars, expert analysis and a dedicated client manager ESG investing opportunities through a range of equities and indices, including the Global Warming Reduction Index Unique +Insights feature offering real-time trading analysis to uncover trends and market sentiment We enjoy using the web platform with its smooth user experience and feature-rich trading tools Excellent reputation with 25+ million clients worldwide and licensed in multiple jurisdictions Reliable 24/7 customer support via email, telephone, live chat and WhatsApp Excellent risk management tools including guaranteed stop loss orders
Cons
No regulatory oversight Few payment methods No copy trading	No access to the MetaTrader 4 or MetaTrader 5 platforms Average withdrawal speeds that can take up to 7 days No social trading functions for hands-off investors $10 monthly inactivity fee after 3 months Algo trading is not supported Scalping is not permitted
Awards
	Best Overall Broker 2021 - DayTrading.com Best Overall Broker 2020 - DayTrading.com Best Overall Broker 2019 - DayTrading.com
Instruments
CFDs, Forex, Indices, Commodities, Cryptos	CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$10	$100
Trading Platforms
MT4 MT5	WebTrader App
Payment Methods
Bitcoin Payments Ethereum Payments	Apple Pay Credit Card Debit Card Mastercard PayPal Skrill Trustly Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
None	FCA, ASIC, CySEC, DFSA, MAS, FSA, FSCA, FMA, EFSA
Margin Trading
Yes	Yes
STP Account
Yes	No
ECN Account
Yes	No
DMA Account
No	No
MAM Account
Yes	No
PAMM Account
Yes	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
iOS & Android	iOS, Android & Windows
Auto Trading
Expert Advisors (EAs) on MetaTrader	No
Copy Trading
No	No
Social Trading
No	No
Trade Signals
MetaTrader
VPS Hosting
Yes	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	Yes
Custodial Account
No	No
Guaranteed Stop Loss
No	Yes
Inactivity Fee
$0	$10
Islamic Account
Yes	Yes
Account Currencies
USD EUR CAD	USD EUR GBP AUD ZAR CZK
Stock Exchanges
DAX GER 40 Index Dow Jones FTSE UK Index Hang Seng Nasdaq S&P 500	Australian Securities Exchange Borsa Italiana CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 London Stock Exchange Nasdaq S&P 500 SIX Swiss Exchange
Commodities
Gold Natural Gas Oil Silver	Aluminium Cocoa Coffee Copper Corn Cotton Gasoline Gold Livestock Oil Palladium Platinum Silver Soybeans Sugar Wheat
CFD Trading
Speculate on rising and falling prices using highly leveraged CFDs	Plus500 offers commission-free CFDs on a huge range of markets, including currencies, stocks, indices and commodities. Traders can go long or short on popular assets with flexible leverage and no hidden charges. The WebTrader platform has been specifically designed for trading CFDs.
Leverage
1:500	1:30
FTSE Spread
From 0.0 pips	1.8
GBPUSD Spread
From 0.0 pips	1.1
Oil Spread
From 0.0 pips	0.04
Stocks Spread
NA	0.08
Forex Trading
Trade major and minor currency pairs 24/5	Plus500 offers forex trading via CFDs with tight, floating spreads and an excellent suite of 60+ currency pairs. We got spreads of 0.6 pips on the EUR/USD during testing - lower than many alternatives.
Forex App
	Plus500 have developed their mobile apps to match the WebTrader online platform . Secure and reliable, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here.
GBPUSD Spread
From 0.0 pips	1.1
EURUSD Spread
From 0.0 pips	0.6
EURGBP Spread
From 0.0 pips	1.4
Assets
62	60+
Cryptocurrency
Trade leading cryptos against the US Dollar	Investors can trade on rising and falling prices with CFDs on popular cryptos like Bitcoin. Plus500 also stands out for its crypto indices, which offer diversification opportunities by tracking a basket of leading digital currencies. Availability subject to regulation.
Spread
From 0.0 pips	Variable
Coins
BTC ETH LTC	BCH BTC ETH LTC XRP IOTA NEO EOS XMR
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
	82% of retail CFD accounts lose money.
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