Hantec Markets Review 2023.
Hantec Markets is a multi-regulated online FX broker offering MT4 and a tailored service providing flexibility to suit any trader.
Most Transparent Global Broker - Global Forex Awards 2021 Most Trusted Broker (Africa) - Global Forex Awards 2021.
CAC 40 Index France DAX GER 40 Index FTSE UK Index Nasdaq New York Stock Exchange.
Cocoa Coffee Copper Cotton Gold Natural Gas Oil Silver Sugar Wheat.
Risk Warning – Your capital is at risk.
Hantec Markets is a global CFD and forex broker offering the MT4 platform with automated and social trading options. This review covers the broker’s spreads, minimum deposit, demo competitions, and regulation. Read on to find out whether to register for an account.
Hantec Markets Headlines.
Hantec Markets Limited was created in 2008, formed by an experienced financial services company with 30 years of experience in helping traders. Headquartered in London, UK, the EU-regulated broker has since opened tens of thousands of live accounts for clients throughout the world, from Europe to the Middle East.
The CEO has opened 11 global offices and the company provides trading services everywhere except the US, Iran, and North Korea.
Trading Platform.
MT4 is an industry-renowned platform that provides a well-rounded, intuitive trading experience. Boasting over 30 technical analysis tools, 2,000 indicators, and 9 timelines, MT4 has advanced capabilities while retaining an easy-to-use interface that is great for less-experienced traders. It also has automated trading capabilities through FIX API and ZuluTrade. The latter also provides social and copy trading options.
Note, MT4 can be downloaded for free from the Hantec Markets website.
Assets & Markets.
The broker presents clients with 300+ currencies to trade with, 1000+ stocks, and 50 indices. The rest of the instrument selection is comprised of cryptocurrencies (BTC, BCH, XRP, LTC, and ETH), bullion (gold and silver), and commodities (crude oil, aluminum, zinc, lead, nickel, coffee, cocoa, sugar, wheat, cotton, copper, and natural gas).
Spreads & Commissions.
Hantec Markets charges through spreads and commissions. Spreads are variable but competitive, with EUR/USD typically coming in at 0.2 pips, GBP/USD at 0.5 pips, and EUR/GBP at 0.7 pips. Negotiable commissions are charged on CFD index trades.
Bullion spreads are 5 cents for silver and 50 cents for gold. However, both bullion and commodities are commission-free. Cryptocurrency spreads and commissions are variable.
Swaps are charged for positions held overnight and vary with the market.
Leverage.
Hantec Markets international clients can access leverage up to 1:500 using the Standard Account, while the Cent Account unlocks an impressive 1:1000.
Leverage for European clients is limited by ESMA regulations to 1:30 for major FX pairs, 1:20 for minors and exotics, gold, and stock indices, and 1:10 for oil and silver.
Professional traders may be able to negotiate higher leverage rates by speaking to the customer support team, contact details for which are below.
Mobile App.
Hantec Markets offers a mobile application available on iOS and Android devices. Allowing control over your trading no matter where you are, the app provides 30 indicators, several charting types, multiple order types, and rapid execution. The mobile client portal also allows for total account management.
Mobile Trading App.
Hantec Markets Payment Methods.
The broker offers a standard range of payment methods for transactions in USD, EUR, GBP, or NGN. Payments can be made using debit cards, bank wire transfers, Skrill, Neteller, and China UnionPay.
Deposits.
There is a low minimum deposit of $10 for their Cent Account, making the broker an attractive option for beginners. In the Standard Account, the minimum is set at $100.
Withdrawals.
The minimum payment is $100. They are processed by Hantec Markets the same day if requested before 15:00 GMT. However, it may still take two to seven business days for the money to reach your account.
European clients are not charged for deposits and withdrawals, but international clients can be charged for large withdrawals with e-wallets. Some banks may also have their own processing fees.
Demo Account.
Hantec Markets provide clients with a free demo account that allows you to get a feel for the products and explore strategies in a risk-free environment. The demo account works on the MT4 platform and can be funded with up to $50,000. Clients are also sent a free educational package upon registration to help get them started.
Demo accounts are available for 30 days as standard, though the support team can be contacted using the details below to extend the expiry.
Bonuses & Promotions.
New Vietnam users can receive 100% on top of their original deposit or re-deposit amount, with a minimum deposit of 1,000 USD and a maximum of 5,000 USD.
At the time of writing, there are no welcome bonuses or special promotions for other customers. With that said, international clients can take part in demo competitions with prizes of funded live accounts. Top traders can win up to $5,000.
Regulation & Licensing.
Hantec Markets Limited is authorized within the European Economic Area and regulated by the UK Financial Conduct Authority (FCA). As part of its FCA licensing conditions, European clients are insured for up to £85,000 in the event of broker insolvency.
Six other international brokers work under the Hantec Markets brand, each of which is regulated by official local bodies, including the New Zealand Financial Markets Authority (FMA), the Australian Securities and Investment Commission (ASIC), Vanuatu Financial Services Commission (VSFC), Chinese Gold and Silver Exchange (CGSE), and the Japan Financial Services Agency (FSA). The broker is also regulated in Jordan and Mauritius.
Additional Features.
The broker offers an excellent range of additional services and trading tools.
Education.
There is a wealth of educational resources on the Hantec Markets website, such as market reports, analysis videos, YouTube webinars from Nigerian and African traders, plus podcasts. There is also a learning hub with four experience tiers plus strategy creation and risk management lessons.
FIX API.
Hantec Markets provide a FIX API that reduces execution times and streamlines trades for more experienced clients. This opens the door to more advanced trading strategies and can be customized to suit personal requirements and programmed for algorithmic trading.
Copy Trading.
International clients are offered a ZuluTrade add-on for social trading. This comes with ZuluGuard protection that monitors traders’ performance. It disengages if traders deviate from their strategies. ZuluTrade can also be used for automated trading.
Account Types.
There are two variations: Standard Account and Cent Live Account.
Standard Account.
Copy trading Demo account 7 asset classes Spreads form 0.2 Leverage up to 1:500 $100 minimum deposit Access to Trading Central.
Cent Live Account.
5 asset classes Spreads form 1.2 $10 minimum deposit Leverage up to 1:1000 Access to Trading Central.
European clients who can be classified as professionals by the ESMA can open professional accounts. These accounts have access to higher leverage rates than their retail counterparts, though they are less protected by regulatory bodies.
Hantec Markets offer Islamic-friendly accounts under the name Swap Free Accounts. They can be opened by contacting the customer support team.
All traders, including professionals, receive negative balance protection of up to $10,000.
Benefits.
Hantec Markets scores highly in the following areas:
FIX API Highly regulated Low minimum deposit Educational resources.
Drawbacks.
There are some areas, however, where the broker could improve:
No VPS No MT5 No spread betting.
Trading Hours.
The broker is open 24 hours a day five days a week, starting at 21:00 GMT on Sunday and closing at 00:40 GMT on Saturdays. Index trading times vary as they follow local market operating hours.
In London time, bullion is open from Sunday 23:05 to Friday 21:55, and forex is Sunday 22:05 to Friday 21:55. All instruments take a daily break for swaps to be calculated.
A holiday calendar is provided on the broker’s website.
Customer Support.
All Hantec Markets clients have a dedicated relationship manager assigned. This manager is a single point of contact for all queries and issues, available from the live chat tool.
The customer support team is also available 24/5 and may be contacted by leaving a message in their ‘contact us’ section. They can also be reached using the live chat located at the lower right of the broker’s website or by using the following telephone numbers:
All international numbers incur a toll fee.
The UK headquarters are located at 5-6 Newbury St, Barbican, London EC1A 7HU. For the address of their Dubai, India, or other offices, see the Hantec Markets website.
Security.
MT4 uses encryption and dual-factor authentication to keep transactions sure. All client funds are also segregated from the broker’s in protected bank accounts.
Hantec Markets Verdict.
Hantec Markets is a good choice for traders of all experience levels, providing one of the industry’s best trading platforms. The FIX API allows more advanced traders to use algorithmic trading and rapid executions, while ZuluTrade and the education center are great for beginners.
Accepted Countries.
Hantec Markets accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.
Traders can not use Hantec Markets from United States, Iran, Korea.
Compare Hantec Markets.
Compare Hantec Markets with similar brokers that accept traders from your location. Among available brokers these are the most similar to Hantec Markets:
Axi – Axi is a global online FX and CFD trading company, trusted by investors around the world. Highly leveraged trading opportunities plus a $0 minimum deposit make it popular with beginners and seasoned traders. ATFX – ATFX no longer accepts retail clients but professional investors can register fo an account. FXOpen – FXOpen is a highly regulated FX and CFD broker offering multiple trading platforms and spreads from 0.0 pips. BlackBull Markets – BlackBull Markets is an award-winning forex and CFD broker with beginner-friendly trading tools and 24/7 customer support.
Hantec Markets Comparison Table.
Compare Hantec Markets With Similar Brokers Hantec Markets Axi ATFX FXOpen BlackBull Markets Rating – 4.2 – 3.7 3.7 Markets Forex, CFDs, indices, commodities, stocks, bullion Forex, CFDs, indices, shares, commodities, cryptocurrencies Forex, CFDs, indices, commodities, cryptos, spread betting Forex, CFDs, Indices, Commodities, Cryptocurrencies, ETFs, Shares Forex, CFDs, stocks, indices, energies, metals, commodities, cryptos Demo Account Yes Yes Yes Yes Yes Minimum Deposit $10 0 $/€/£ 5000 $/€/£ $1 Global, £300 UK $0 Minimum Trade 0.01 lots 0.01 Lots 0.01 lots 0.01 Lot 0.01 Lots Regulators FCA, ASIC, FSC, FMA, FSA, CGSE, VSFC, JSC FCA, ASIC, DFSA, FMA FCA, CySEC, ADGM FCA, CySEC, ASIC FMA, FSA Bonus – – – – – Education No Yes No No Yes Platforms MT4 MT4 MT4 MT4, MT5 MT4, MT5 Leverage 1:20 1:30 – 1:400 1:400 1:30 – 1:500 (varies by trading entity) 1:500 Payment Methods 6 12 8 12 10 Detailed Comparison – Hantec Markets vs Axi Hantec Markets vs ATFX Hantec Markets vs FXOpen Hantec Markets vs BlackBull Markets Visit Review Hantec Markets Review Axi Review ATFX Review FXOpen Review BlackBull Markets Review.
Compare Trading Instruments.
Compare the markets and instruments offered by Hantec Markets and its competitors. Please note, some markets may only be available via CFDs or other derivatives.
Compare Hantec Markets Trading Instruments Hantec Markets Axi ATFX FXOpen BlackBull Markets CFD Yes Yes Yes Yes Yes Forex Yes Yes Yes Yes Yes Stocks Yes Yes Yes Yes Yes Commodities Yes Yes Yes Yes Yes Oil Yes Yes Yes Yes Yes Gold Yes Yes Yes Yes Yes Copper Yes Yes No No No Silver Yes Yes Yes Yes Yes Corn No No No No Yes Crypto Yes Yes Yes Yes Yes Futures No No No No Yes Options No No No No No ETFs No No Yes Yes No Bonds No No No No No Warrants No No No No No Spreadbetting No Yes Yes No No Volatility Index No No No No No.
Hantec Markets vs Other Brokers.
Compare Hantec Markets with any other broker by selecting the other broker below.
Hantec Markets vs.
FAQ.
What Is The Minimum Deposit With Hantec Markets?
There is a $10 minimum deposit when opening a Cent trading account. With that said, some payment providers may have their own minimum transaction requirements.
Is There A Demo Competition At Hantec Markets?
Yes, Hantec Markets run periodic competitions for traders with demo accounts. These contests have prizes worth thousands of dollars.
What Trading Platforms Do Hantec Markets Offer?
MetaTrader 4 (MT4), one of the most powerful platforms around, is available for download from the broker’s website. There is also a mobile version for trading on the go.
What Products Are Available At Hantec Markets?
The broker offers trading in forex, commodities, cryptos, CFDs, indices, stocks, and bullion. There are over 1,350 total instruments, 300+ of which are forex.
Is Hantec Markets Regulated?
Hantec Markets is regulated in various jurisdictions, including by the UK’s Financial Conduct Authority (FCA), the Australian Securities & Investments Commission (ASIC), the Japan Financial Services Authority (FSA), and the Jordan Securities Commission (JSC).
Is Hantec Markets Regulated In Australia?
Hantec Markets (Australia) PTY Limited has an Australian Financial Services Licence (number 326907) and is regulated by the Australian Securities and Investments Commission (ASIC).
Can You Still Trade On Hantec Markets?
Yes, Hantec Markets is an operational broker. You can trade from anywhere in the world except for its list of restricted countries.
Hantec Markets is a multi-regulated online FX broker offering MT4 and a tailored service providing flexibility to suit any trader. Hantec Markets is a multi-regulated online FX broker offering MT4 and a tailored service providing flexibility to suit any trader.
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Risk Warning: Trading CFDs on leverage involves significant risk of loss to your capital.