Hantec Markets vs OctaFX

Hantec Markets vs OctaFX Comparison Table 2024
Hantec Markets	OctaFX
Review 3.8	Review 4.1

Hantec Markets was established in Hong Kong in 1990. Initially, the company concentrated solely on the Chinese and Taiwanese markets. In 2008, the broker rebranded and expanded its presence in the UK, Australia, Japan, and various other countries, before enhancing its footprint in Latin America in 2022. Hantec now stands as a multinational brokerage with 18 offices across Europe and Asia.	OctaFX is an award-winning forex and CFD broker, founded in 2011. The Cyprus-based entity is regulated by the CySEC while the offshore branch is registered with SVGFSA. The ECN broker offers competitive trading conditions on its 80+ financial instruments, with tight spreads from 0.2 pips, fast execution speeds of 0.1 second and flexible leverage. OctaFX also offers two industry-leading platforms in MetaTrader 4 and MetaTrader 5, plus an in-house copy trading solution.
Bonus Offer
	Up to 50% deposit bonus
Comment by Reviewer
"Hantec Markets is suitable if you want a no-frills MetaTrader broker to trade CFDs on stocks, forex, indices, commodities and cryptos. However, its scalping restrictions limit its appeal for certain day traders, while the customer support and educational tools trail the best brokers."	"OctaFX is a great pick for traders of all experience levels. Seasoned day traders will appreciate the ECN model with fast execution and tight spreads, while beginners will rate the user-friendly copy trading platform and low minimum deposit."
Pros
Hantec Markets is a trusted broker, with a track record stretching back to 1990 and authorization from ‘green tier’ regulators, notably the FCA and ASIC. Hantec Markets offers a great range of 8 account base currencies, helping global traders avoid conversion fees while delivering a hassle-free day trading experience. Trading Central integration provides an excellent one-stop-shop for technical, fundamental, economic, sentiment and news analysis, helping users discover short-term trading opportunities. The entry barrier for trading is notably low for beginners, starting from just $100, while deposits are fee-free and can be completed smoothly from the client area. High leverage up to 1:1000 is available for experienced investors in some jurisdictions, amplifying trading results (profits and losses).	Demo account with access to unlimited virtual funds Bonuses and contests available (non-EU) Negative balance protection (Within EU) Comprehensive educational content High Leverage 1:500 (non-EU) Excellent copy trading service No deposit and withdrawal fees Offers Islamic accounts Low minimum deposit Highly rated broker MT4 and MT5 integration Commission-free trading Mobile app compatibility
Cons
There is no proprietary software aimed at newer traders, nor integration with the increasingly popular TradingView and cTrader platforms. Additionally MT5 is not available in certain regions, including the UK. Hantec Markets needs to bolster its investment offering to match category leaders like Blackbull Markets, especially in its breadth of currency pairs and commodities. Testing reveals hit-and-miss support, with 24/5 assistance but a live chat service that times out, making it unreliable for urgent trading issues. The educational tools, consisting primarily of long-form articles, need revamping with interactive elements and videos to match the training materials at IG. Despite reliable order execution, Hantec Markets does not permit scalping strategies, reducing its appeal compared to Pepperstone, whose Razor account is set up for scalpers.	No stock trading Few payment methods Zero pip spreads unavailable The global entity is regulated offshore
Awards
Most Reliable Global Forex Broker - Global Forex Awards 2022 Best Forex Trading Experience (Latin America) - Global Forex Awards 2022 Most Trusted Forex Broker (Africa) - Global Forex Awards 2022 Best Value Broker (Asia) - Global Forex Awards 2022 Most Transparent Forex Broker (Middle East and Northern Africa) - Global Forex Awards 2022 Most Transparent Global Broker - Global Forex Awards 2021 Most Trusted Broker (Africa) - Global Forex Awards 2021	Most Secure Broker Indonesia 2022- International Business Magazine Best Global Broker Asia 2022- International Business Magazine Best Forex Broker Pakistan 2022- Global Brands Best Forex Broker India 2022- World Finance Best Mobile Trading Platform 2022- FXDailyInfo Best In Class For Social Copy Trading 2022- Forexbrokers.com Best Trading Conditions Asia 2021- World Business Outlook
Instruments
Forex, CFDs, Indices, Stocks, Commodities, Cryptos	Forex, CFDs, indices, commodities, cryptocurrencies
Demo Account
Yes	Yes
Minimum Deposit
$100	$100
Trading Platforms
MT4 MT5 TradingCentral	MT4 MT5 AutoChartist
Payment Methods
BPAY Credit Card Debit Card Mastercard Neteller Skrill Visa Wire Transfer	Credit Card Debit Card FasaPay Mastercard Neteller Skrill Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FCA, ASIC, FSC, JSC	SVGFSA, CySEC
Margin Trading
Yes	Yes
STP Account
No	No
ECN Account
No	Yes
DMA Account
No	No
MAM Account
Yes	No
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	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
Yes	Yes (iOS & Android)
App Review
Hantec Markets doesn’t offer a proprietary trading app. Instead, clients can use the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) mobile apps, which are accessible for both Apple and Android devices and mirror the desktop version’s functionality. The lack of a bespoke app means that day traders who are looking for more integrated solutions might find the mobile trading experience lacking, especially since there’s no support for TradingView or cTrader either.	OctaFX offers a user-friendly trading platform that can be used to take positions on major and minor currency pairs. Copy trading is also available via the broker’s in-house mobile application.
Android App Rating
4.4	4.3
iOS App Rating
4.8	4.5
Auto Trading
Expert Advisors (EAs) on MetaTrader	Yes
Copy Trading
No	Yes
Copy Trading Platform
	Copy trading at OctaFX is offered through a proprietary platform and mobile app, as well as integration via the MetaTrader suites. Users can easily diversify portfolios by copying the most profitable traders. Track professionals and their performance live for smart investing, control your portfolio and view how your funds are invested and manage risks in real time.
Social Trading
No	Yes
Trade Signals
	Yes (EAs)
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0	$0
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CAD AUD CHF PLN AED	USD EUR
Stock Exchanges
DAX GER 40 Index Dow Jones FTSE UK Index Hang Seng Japan Exchange Group Nasdaq S&P 500 Shanghai Stock Exchange	Dow Jones FTSE UK Index Nasdaq
Commodities
Gold Oil Silver	Gasoline Gold Natural Gas Oil Silver
CFD Trading
Traders have the opportunity to engage in CFD trading across a broad spectrum of assets, including currency pairs, stocks, commodities, bullion (gold and silver), indices, and cryptocurrencies. Experienced traders can access high leverage up to 1:1000 in certain jurisdictions. However, a notable downside is the restriction of scalping strategies which may deter experienced day traders.	OctaFX offers leveraged CFDs on popular asset classes spanning forex, indices, commodities and cryptos. Traders benefit from ultra-fast execution speeds, reliable trading tools and zero commissions. There are also no restrictions on strategies, including hedging, scalping and automated trading.
Leverage
1:1000	1:30 (EU), 1:500 (Global)
FTSE Spread
1.0	1.8
GBPUSD Spread
0.5	1.1
Oil Spread
0.05	0.7
Stocks Spread
Variable	Variable
Forex Trading
Hantec Markets offers a limited range of 30+ forex pairs – less than most top brands, including Pepperstone with 100+. That said, market execution is rapid based on tests, and spreads are competitive starting at just 0.2 pips. This, combined with access to the popular MT4 platform with 30+ technical indicators, ensures a relatively complete trading experience for short-term currency traders.	OctaFX offers leveraged trading on dozens of currencies with competitive spreads that average 0.9 pips on the EUR/USD. Clients also benefit from high-quality research from the team's analysts with insights into forex trends and news events, alongside technical analysis.
Forex App
	OctaFX offers a user-friendly trading platform that can be used to take positions on major and minor currency pairs. Copy trading is also available via the broker’s in-house mobile application.
GBPUSD Spread
0.5	1.1
EURUSD Spread
0.2	0.7
EURGBP Spread
0.7	2.1
Assets
300	35
Cryptocurrency
CFD trading is available across a diverse selection of cryptocurrencies. This range includes not only leading cryptos like Bitcoin and Ethereum but also extends to smaller tokens such as Polkadot. These digital assets can be traded against a variety of global currencies, including the USD, JPY, and MXN, as well as precious metals like gold and silver, marking Hantec out from the majority of brokers who only offer cryptos paired with the USD.	Trade 30+ popular digital currencies paired with the USD, including big tokens like Bitcoin and Ethereum. EU traders can access 1:2 leverage while global traders can access rates of up to 1:25 on major tokens. Cryptos can be traded around the clock, including on weekends.
Spread
0.008 - 6.4 pips	Variable
Coins
BTC BCH XRP LTC ETH	BTC LTC ETH ZEC SOL ADA DOT ATOM LINK AVAX BTB MANA MATIC NEAR IOTA DOGE DASH ALGO AAVE
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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