Hantec Markets Review 2022

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Hantec Markets is a multi-regulated online FX broker offering MT4 and a tailored service providing flexibility to suit any trader.

Awards
  • Most Transparent Global Broker - Global Forex Awards 2021
  • Most Trusted Broker (Africa) - Global Forex Awards 2021
InstrumentsForex, CFDs, indices, commodities, stocks, bullion
Demo AccountYes
Min. Deposit$10
Payment Methods
Min. Trade0.01 lots
Regulated ByFCA, ASIC, FSC, FMA, FSA, CGSE, VSFC, JSC
MetaTrader 4Yes
MetaTrader 5No
cTraderNo
OmniTraderNo
AlgoTraderNo
TradingViewNo
Trading CentralYes
AutochartistNo
STP AccountNo
ECN AccountNo
DMA AccountNo
MAM AccountNo
PAMM AccountNo
LAMM AccountNo
Demat AccountNo
Mobile AppsYes
Margin TradingYes
Volatility IndexNo
Spot TradingYes
Perpetual SwapsNo
ELWsNo
REITsNo
AI / Machine LearningNo
Robo AdvisorNo
P2P TradingNo
Negative Balance ProtectionYes
VPS HostingNo
TournamentsNo
Demo CompetitionsYes
Managed AccountsNo
Market MakerNo
Auto TradingYes (EAs)
Social TradingYes
Copy TradingYes
Islamic AccountYes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
  • PLN
  • AED
Stock Exchanges
  • CAC 40 Index France
  • DAX GER 40 Index
  • FTSE UK Index
  • Nasdaq
  • New York Stock Exchange
Commodities
  • Cocoa
  • Coffee
  • Copper
  • Cotton
  • Gold
  • Oil
  • Silver
  • Sugar
  • Wheat
CFD TradingTrade CFDs with leverage across multiple markets.
CFD FTSE SpreadN/A
CFD GBPUSD Spread0.5
CFD Oil Spread0.05
CFD Stocks SpreadVariable
CFD Leverage1:20
Forex TradingTrade on 300+ currencies with tight spreads.
Forex GBPUSD Spread0.5
Forex EURUSD Spread0.2
Forex EURGBP Spread0.7
Forex Assets300
Crypto TradingTrade the five best known cryptos
Crypto Spread0.008 - 6.4 pips
Crypto LendingNo
Crypto StakingNo
Crypto MiningNo
Crypto Auto Market MakerNo
Crypto Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
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.

Hantec Markets trading platforms
MetaTrader 4

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.

Hantec Markets mobile trading
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.

Hantec Markets investing tools
Financial Research

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

Cent Live Account

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:

Drawbacks

There are some areas, however, where the broker could improve:

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:

  1. LQDFX – LQDFX offers online trading with multiple STP accounts and MT4 analysis tools.
  2. eToro – eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs. eToro USA LLC does not offer CFDs, only real crypto assets available.
  3. IG Group – IG-US offer spread betting, CFD and Forex trading across a range of markets. They are FCA regulated, boast a great trading app and have over 47 year track record of excellence.
  4. AAAFx – AAAFx offers CFD trading in forex, commodities, indices and cryptocurrencies.

Hantec Markets Comparison Table

Compare Hantec Markets With Similar Brokers
Hantec Markets LQDFX eToro IG Group AAAFx
Rating 4.7 4.4
Markets Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto
Demo Account Yes Yes Yes Yes Yes
Minimum Deposit $10 $20 $10 £250 $10
Minimum Trade 0.01 lots 0.01 lots $10 0.1 lots 0.01 lots
Regulators FCA, ASIC, FSC, FMA, FSA, CGSE, VSFC, JSC FCA, CySEC, ASIC, FSA FCA, ASIC, MAS, FSCA, JFSA, FMA, CFTC, NFA, BMA, DFSA, FINMA, BaFin HCMC (Greece), FSCA (South Africa)
Bonus 100% deposit bonus up to $20,000 100% Deposit Bonus available for Global clients
Education Yes Yes Yes No
Platforms MT4 MT4 MT4 MT4, MT5
Leverage 1:20 1:100 – 1:500 1:30 EU 1:30 1:30 EU, 1:500 Global
Payment Methods 6 8 14 6 8
Detailed Comparison Hantec Markets vs LQDFX Hantec Markets vs eToro Hantec Markets vs IG Group Hantec Markets vs AAAFx
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Compare Trading Instruments

Compare Hantec Markets Trading Instruments
Hantec Markets LQDFX eToro IG Group AAAFx
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 No
Gold Yes Yes Yes Yes Yes
Copper Yes Yes Yes Yes No
Silver Yes Yes Yes Yes No
Corn No No Yes No No
Crypto Yes Yes Yes Yes Yes
Futures No No No Yes No
Options No No No Yes No
ETFs No No Yes Yes No
Bonds No No Yes No
Warrants No No No No
Spreadbetting No No No Yes No
Volatility Index No No Yes Yes 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.