Hantec Markets vs FXCM

Hantec Markets vs FXCM Comparison Table 2024
Hantec Markets FXCM
3.8
3.5
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

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.

FXCM is a respected forex and CFD broker, established since 1999. The British-headquartered broker has won multiple awards and operates in various jurisdictions, including the UK and Australia. With zero commissions, over 400 assets, and a range of analysis tools, FXCM remains a popular choice for day traders. The broker is also regulated by top-tier authorities including the FCA and ASIC.

Comment by Reviewer
"Hantec Markets has something for everyone, with its choice of trading platforms, good asset list, helpful educational content and automated trading compatibility." "FXCM maintains its position as a top pick for traders deploying automated trading strategies, with four powerful platforms, strategy backtesting and algo trading through APIs. The broker is also great for active traders, with discounted spreads and low to zero commissions on popular assets."
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
  • Alongside the 4 charting platforms, FXCM also offers a market-leading range of specialist software for experienced investors, including QuantConnect, AgenaTrader and Sierra Chart
  • The proprietary Trading Station terminal is a good choice for day traders looking for an all-in-one solution for their short-term and automated trading strategies
  • Traders can utilize several top-tier trading tools including a market scanner, forex signals and third-party research site, eFXPlus
  • FXCM’s global reputation is impressive, with licenses from the FCA, ASIC, CySEC and FSCA and a 20-year business history
  • A range of funding methods are available including bank cards, Apply Pay and PayPal, with instant processing times
  • The broker offers spread discounts and other excellent perks for experienced traders in the Active Trader account
  • FXCM has expanded its range of trading opportunities with 24-hour stock CFDs through MetaTrader 4
Cons
  • No VPS service offered
  • No spread betting for UK traders
  • Although FXCM continues to gear their services towards experienced traders, it’s a shame that there are no managed accounts on offer
  • There is no choice of retail accounts for traders, nor any Cent/Micro account options
  • The live chat support can be slow and unreliable compared to the top competitors
Awards
  • Most Transparent Global Broker - Global Forex Awards 2021
  • Most Trusted Broker (Africa) - Global Forex Awards 2021
Instruments
Forex, CFDs, indices, commodities, stocks, bullion CFDs, Forex, Stocks, Cryptos, Commodities
Demo Account
Yes Yes
Minimum Deposit
$10 $50
Trading Platforms
  • MT4
  • MT5
  • TradingCentral
  • Trading Station
  • MT4
  • TradingView
  • eSignal
Payment Methods
Minimum Trade
0.01 Lots Variable
Regulator
FCA, ASIC, FSC, FMA, FSA, CGSE, VSFC, JSC FCA, CySEC, ASIC
Margin Trading
Yes Yes
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No Yes
PAMM Account
No 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
Yes No
Mobile Apps
Yes iOS and Android
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes Yes
Copy Trading Platform
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. FXCM offers social and copy trading on forex, CFDs and cryptos through the hugely popular ZuluTrade platform. The sign-up process is quick and you can track your performance in real-time.
Social Trading
Yes Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
Yes Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
  • PLN
  • AED
  • NGN
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • ZAR
  • CHF
Stock Exchanges
Commodities
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. You can trade a range of CFD instruments across forex, shares, indices and commodities. There’s an excellent selection of platforms for day traders, including TradingView and MT4, plus additional tools for experienced algo traders including API solutions.
Leverage
1:500 1:30
FTSE Spread
N/A 1.18 pts var*
GBPUSD Spread
0.5 0.5 pips*
Oil Spread
0.05 0.05 (var)*
Stocks Spread
Variable 0.2% Var*
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. FXCM offers an average range of 40+ currency pairs, although there are no commissions and spreads are competitive from 0.78 pips for EUR/USD. The broker also offers 3 forex baskets covering USD, Yen and emerging markets benchmarks.
GBPUSD Spread
0.5 0.5 pips var*
EURUSD Spread
0.2 0.2 pips var*
EURGBP Spread
0.7 0.5 pips var*
Assets
300 40
Currency Indices
  • JPY
Cryptocurrency
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. You can trade some of world's most popular digital coins with zero commission and leverage up to 1:4. FXCM also stands out for its crypto major basket which offers exposure to Bitcoin, Ethereum, Litecoin and Bitcoin Cash in one trade.
Spread
0.008 - 6.4 pips Variable
Coins
  • BTC
  • BCH
  • XRP
  • LTC
  • ETH
  • BTC
  • ETH
  • LTC
  • BTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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