Hantec Markets Review 2024


3.8 / 5
Hantec Markets is #93 in our CFD broker rankings.

Hantec Markets has something for everyone, with its choice of trading platforms, good asset list, helpful educational content and automated trading compatibility.

- Daytrading Review Team

Hantec Markets is a UK-based multi-regulated broker offering CFDs on a range of forex pairs, stocks and indices as well as cryptocurrencies, commodities and bullion. With support for MetaTrader 4 and ZuluTrade, this broker provides good market access for traders of all experience levels, with competitive spreads from 0.2 pips.

$10
MT4, MT5, TradingCentral
Forex, CFDs, indices, commodities, stocks, bullion
-
USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN, AED, NGN
Neteller, Visa, Skrill, UnionPay, Wire Transfer, Mastercard
Forex Trading

With 300+ forex pairs, Hantec Markets has one of the widest selections on the market. Floating spreads start from 0.2 pips with ultra-fast market execution and access to the leading MT4 platform.

Stock Trading

Hantec Markets offers CFDs on 1800+ stocks from European, UK and US exchanges with tight variable spreads and leverage up to 1:500 for international clients. The broker also offers CFDs on 14+ indices for a broader view on financial markets.

CFD Trading

Hantec Markets clients can access CFD trading on a very wide selection of currency pairs and stocks as well as commodities, bonds, indices and crypto assets. Spreads start from near zero and the trading platforms offered will suit trader of all experience levels. Leverage is capped at 1:30 for UK and EEA traders but rises to 1:1000 for clients of the offshore firm.

Crypto Trading

Hantec Markets clients can trade CFDs on a good range of cryptocurrencies, including popular tokens like Bitcoin and Ethereum and some smaller tokens such as Polkadot. The tokens are paired with various international currencies including USD, JPY and MXN as well as with gold and silver.

Copy Trading

International clients can use the ZuluTrade add-on for copy trading. This is one of the top-rated copy trading platforms with thousands of strategy providers to follow and mirror with straightforward risk management tools.

Awards

  • Most Transparent Global Broker - Global Forex Awards 2021
  • Most Trusted Broker (Africa) - Global Forex Awards 2021

✓ Pros

  • Good range of instruments with diverse asset classes, 1800+ stocks symbols and more
  • Good reputation and strong regulatory oversight from the FCA
  • Excellent offering of extra features and educational resources
  • Leverage up to 1:1000 for international clients
  • ZuluTrade copy trading platform
  • Tight spreads from 0.2 pips
  • FIX API

✗ Cons

  • No VPS service offered
  • No spread betting for UK traders

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.

MetaTrader 5 is also available to traders depending on their location.

Assets & Markets

The broker presents clients with a wide range of forex pairs, stocks and 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, aluminium, 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.

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.

FAQ

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.

Top 3 Alternatives to Hantec Markets

Compare Hantec Markets with the top 3 similar brokers that accept traders from your location.

  1. IG – Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand-US offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.
    Go to IG
  2. Interactive Brokers – Interactive Brokers (IBKR) is a premier brokerage for experienced traders, providing access to 150 markets in 33 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe.
    Go to Interactive Brokers
  3. DNA Markets – DNA Markets is a forex and CFD broker established in 2020. The broker operates two entities in Australia and the offshore jurisdiction, St Vincent and the Grenadines. Traders can access 250+ markets, with a Standard account for beginners and a Raw account for experienced traders. The reliable MetaTrader 4 and MetaTrader 5 platforms are available, alongside Signal Start.
    Go to DNA Markets

Hantec Markets Comparison Table

Compare Hantec Markets With Similar Brokers
Hantec Markets IG Interactive Brokers DNA Markets
Rating 3.8 4.4 4.3 3
Markets Forex, CFDs, indices, commodities, stocks, bullion CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies CFDs, Forex, Indices, Commodities, Stocks, Crypto
Demo Account Yes Yes Yes Yes
Minimum Deposit $10 $0 $0 $100
Minimum Trade 0.01 Lots 0.01 Lots $100 0.01 Lots
Regulators FCA, ASIC, FSC, FMA, FSA, CGSE, VSFC, JSC FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA FCA, SEC, FINRA, CBI, CIRO, SFC, MAS, MNB ASIC
Bonus
Education No Yes Yes No
Platforms MT4, MT5, TradingCentral Web, ProRealTime, L2 Dealer, MT4, AutoChartist, TradingCentral Trader Workstation (TWS), Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, eSignal, TradingCentral MT4, MT5
Leverage 1:500 1:30 (Retail), 1:250 (Pro) 1:50 1:500
Payment Methods 6 6 6 10
Visit Visit Visit Visit
Review IG
Review
Interactive Brokers
Review
DNA 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 IG Interactive Brokers DNA Markets
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil Yes Yes No Yes
Gold Yes Yes Yes Yes
Copper Yes Yes No No
Silver Yes Yes No Yes
Corn No No No No
Crypto Yes Yes Yes Yes
Futures No Yes Yes No
Options No Yes Yes No
ETFs No Yes Yes No
Bonds No Yes Yes No
Warrants No Yes Yes No
Spreadbetting No Yes No No
Volatility Index No Yes No No

Hantec Markets vs Other Brokers

Compare Hantec Markets with any other broker by selecting the other broker below.

 

Customer Reviews

There are no customer reviews of Hantec Markets yet, will you be the first to help fellow traders decide if they should trade with Hantec Markets or not?

Submit Your Own Review of Hantec Markets

If you have experience trading with Hantec Markets please share your personal review of the broker and what you think are strong and weak points. Thank you.

Visit
Hantec Markets is a UK-based multi-regulated broker offering CFDs on a range of forex pairs, stocks and indices as well as cryptocurrencies, commodities and bullion. With support for MetaTrader 4 and ZuluTrade, this broker provides good market access for traders of all experience levels, with competitive spreads from 0.2 pips.

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).