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Hantec Markets vs ZuluTrade

Hantec Markets vs ZuluTrade Comparison Table 2024
Hantec Markets ZuluTrade
Review
3.8
Review
3.1

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.

ZuluTrade is a renowned social-wealth management platform that allows investors to trade by copying the trades of experienced traders, also known as leaders. This award-winning platform supports social trading and copy trading across multiple assets and has a network of more than 90,000 Leaders and 1,000+ brokers. ZuluTrade is part of the Finvasia Group and is regulated in the EU, South Africa, Japan and Mauritius.

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." "We recommend ZuluTrade for investors interested in joining one of the world's largest and best-performing social trading networks. The platform is user-friendly and clients can copy trade in a variety of popular financial markets."
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).
  • First and oldest copy trading platform
  • A vibrant social community of traders to connect, share, learn and grow
  • Reliable and easy-to-use mobile app
  • Access to popular cryptocurrencies including Bitcoin
  • Free and fully functioning demo account, perfect for beginners
  • Wide range of performance indicators and graphs to help evaluate leaders
  • More than 90,000 leaders to follow and copy which could result in greater earnings
  • Investors can comment directly on leaders’ profile pages
  • Only view the top leaders who comply with stringent criteria, demonstrating consistent and reliable performance
  • Broker and Platform Agnostic, which means that users can enjoy the freedom of choice across a variety of brokers, markets and trading platforms
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.
  • Some inconsistent leaders to be aware of
  • Employing an effective money management system can be difficult for beginners
  • Leaders are not formally vetted. The ZuluGuardTM feature does mitigate this risk, however, by automatically removing a leader when detecting a trading strategy has deviated from its expected loss profile
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
  • Best Social Trading Solution at UF Awards 2022
  • Best Social Wealth Management Platform at Forex Expo Dubai in October 2022
  • Best Social Trading Solution Award at iFX EXPO Dubai 2023
  • Best Wealth Management Platform Africa Awards at FAME Awards 2023
  • Best Social Trading Solution at UF Awards APAC 2023Best Social Trading Solution at UF Awards Global 2023 in Cyprus
Instruments
Forex, CFDs, Indices, Stocks, Commodities, Cryptos CFDs; Forex, Stocks, Cryptos, Commodities, Indices
Demo Account
Yes Yes
Minimum Deposit
$100 Broker Dependant
Trading Platforms
  • MT4
  • MT5
  • TradingCentral
  • X Open Hub
  • Match-Trader
  • MT4
  • MT5
  • ActTrader
Payment Methods
Investors - Broker-Dependent. Leaders - Bank Transfer, PayPal, Cryptos
Minimum Trade
0.01 Lots $1
Regulator
FCA, ASIC, FSC, JSC HCMC in EU, FSA in Japan, FSC in Mauritius, FSCA in South Africa
Margin Trading
Yes Yes
STP Account
No No
ECN Account
No No
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 No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
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.
Android App Rating
4.4
iOS App Rating
4.8
Auto Trading
Expert Advisors (EAs) on MetaTrader ZuluTrade are market leaders in automated trading. From scripts to auto execution APIs and copy trading.
Copy Trading
No Yes
Copy Trading Platform
Investors can follow the strategies and positions of 90,000+ traders spanning a range of financial markets. ZuluTrade is one of the top-rated and regulated copy trading platforms globally, with multiple industry awards, an excellent reputation and a suite of risk management tools and real-time analysis features.
Social Trading
No Yes
Trade Signals
Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • CHF
  • PLN
  • AED
Stock Exchanges
Commodities
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. CFD trading not offered
Leverage
1:1000 Broker Dependent
FTSE Spread
1.0 Broker dependent
GBPUSD Spread
0.5 Broker dependent
Oil Spread
0.05 Broker dependent
Stocks Spread
Variable Broker dependent
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. In the realm of Forex CFDs, ZuluTrade offers access to an extensive selection of currency pairs, enabling traders to engage in the exciting world of currency exchange with ease and flexibility.
GBPUSD Spread
0.5 Broker dependent
EURUSD Spread
0.2 Broker dependent
EURGBP Spread
0.7 Broker dependent
Assets
300 Broker dependent
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. ZuluTrade supports Crypto CFDs, making it possible for traders to speculate on the price movements of cryptocurrencies like Bitcoin and Ethereum. This feature allows traders to participate in the cryptocurrency market without owning the underlying assets.
Spread
0.008 - 6.4 pips Broker dependent
Coins
  • BTC
  • BCH
  • XRP
  • LTC
  • ETH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Review
Review
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