Hantec Markets Review 2023

3.8
/ 5
Hantec Markets is #65 in our CFD broker rankings.

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


Trusted

Demo Account

Copy Trading

Award Winning
$10
MT4, MT5, TradingCentral
Forex, CFDs, indices, commodities, stocks, bullion
-
USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN, AED, NGN
Neteller, Wire Transfer, Visa, Skrill, UnionPay
and 1 more

Forex Trading

Trade currencies with tight spreads on MetaTrader

Stocks Trading

Trade with leverage on leading stocks and various global indices indices

CFD Trading

Trade CFDs with leverage across multiple markets.

Crypto Trading

Trade the five best known cryptos

Copy Trading

International clients can use the ZuluTrade add-on for copy trading

Awards

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

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.

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.

Payment Methods

Hantec Markets Details

Minimum Trade 0.01 lots
Regulated By FCA, ASIC, FSC, FMA, FSA, CGSE, VSFC, JSC
Islamic Account Yes
Mobile Apps Yes
Margin Trading Yes
Volatility Index No
Spot Trading Yes
Perpetual Swaps No
ELWs No
REITs No
AI / Machine Learning No
Robo Advisor No
P2P Trading No
Negative Balance Protection Yes
VPS Hosting No
Tournaments No
Demo Competitions Yes
Managed Accounts No
Market Maker No
Auto Trading Yes (EAs)
Social Trading Yes
Guaranteed Stop Loss No
Stock Exchanges
  • CAC 40 Index France
  • DAX GER 40 Index
  • FTSE UK Index
  • Nasdaq
  • New York Stock Exchange
Commodities
  • Cocoa
  • Coffee
  • Copper
  • Cotton
  • Gold
  • Natural Gas
  • Nickel
  • Oil
  • Silver
  • Sugar
  • Wheat

CFD Trading Details

FTSE Spread N/A
GBPUSD Spread 0.5
Oil Spread 0.05
Stocks Spread Variable
Leverage 1:500

Forex Trading Details

GBPUSD Spread 0.5
EURUSD Spread 0.2
EURGBP Spread 0.7
Assets 300

Cryptocurrency Trading Details

Crypto Spread 0.008 – 6.4 pips
Crypto Lending No
Crypto Staking No
Crypto Mining No
Crypto Auto Market Maker No
Crypto Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP

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. IG Group – IG is an award-winning broker that has an excellent reputation globally. The brand-US offers spread betting, CFD and forex trading across a comprehensive suite of markets. IG is also multi-regulated, provides a great trading app and has 50 years experience.
    Go to IG Group
  2. Just2Trade – Just2Trade offer high-tech trading on stocks and options with some of the lowest prices in the industry.
    Go to Just2Trade
  3. Forex.com – Forex.com boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they offer a huge range of markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders.
    Go to Forex.com

Hantec Markets Comparison Table

Compare Hantec Markets With Similar Brokers
Hantec Markets IG Group Just2Trade Forex.com
Rating 3.8 4.4 3.5 4.5
Markets Forex, CFDs, indices, commodities, stocks, bullion Forex, ETFs, CFDs, indices, shares, commodities, cryptocurrencies, options, futures, spread betting Stocks, ADRs, ETFs, futures, options, commodities, bonds Forex, CFDs, Stocks, Indices, Commodities, Cryptos, Futures, Options
Demo Account Yes Yes Yes Yes
Minimum Deposit $10 £250 $100 $100
Minimum Trade 0.01 lots 0.1 lots 0.01 $1
Regulators FCA, ASIC, FSC, FMA, FSA, CGSE, VSFC, JSC FCA, ASIC, MAS, FSCA, JFSA, FMA, CFTC, NFA, BMA, DFSA, FINMA, BaFin CySEC, NFA, FINRA, Bank of Russia CySEC, IIROC, NFA, CFTC, FCA, CIMA, CIRO
Bonus Up to $2,000 for professional accounts
Education No Yes No Yes
Platforms MT4, MT5, TradingCentral MT4, AutoChartist, TradingCentral MT4, MT5, TradingCentral MT4, MT5, TradingView, AutoChartist, TradingCentral
Leverage 1:500 1:30 1:5 to 1:20 1:200
Payment Methods 6 6 20 8
Visit Visit Visit Visit
Review Hantec Markets
Review
IG Group
Review
Just2Trade
Review
Forex.com
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 Group Just2Trade Forex.com
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil Yes Yes Yes Yes
Gold Yes Yes Yes Yes
Copper Yes Yes No No
Silver Yes Yes Yes Yes
Corn No No No No
Crypto Yes Yes Yes Yes
Futures No Yes Yes Yes
Options No Yes Yes Yes
ETFs No Yes Yes No
Bonds No Yes Yes No
Warrants No Yes No 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.

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.

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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.