InstaForex vs Hantec Markets

InstaForex vs Hantec Markets Comparison Table 2024
InstaForex Hantec Markets
3.7
3.8

InstaForex is a forex and CFD broker founded in 2007. The broker offers diverse market coverage to over 7 million clients, spanning traditional assets like currencies and shares, as well as other interesting opportunities such as IPOs. Traders can also access copy trading services, PAMM accounts and investment opportunities. InstaForex is regulated by the BVI FSC.

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.

Bonus Offer
Choose between: Club Bonus, 30 %, 55 % and 100 % bonuses
Promotions

Claim A 100% Deposit Bonus At InstaForex

Comment by Reviewer
"InstaForex maintains its position as a top forex broker, with more currency products than most rivals. The tight spreads and low minimum deposits make it accessible to all experience levels, especially those familiar with the MT4 and MT5 platforms." "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."
Pros
  • InstaForex delivers a superb day trading environment, with the powerful MT4 and MT5 platforms offering dozens of technical analysis tools, automation capabilities and multiple order types
  • The broker is a particularly good pick for serious forex traders, with over 100 currency pairs, tight spreads from 0.0 pips and a market-leading selection of curated forex market resources
  • The broker is accessible for beginners, with low minimum deposits, Cent accounts (for global clients) and zero-commission trading available
  • There’s a copy trading service available with just a $10 minimum deposit, allowing clients to become both followers and providers
  • There’s a decent range of free and fast payment methods including local bank transfers, bank cards, e-wallets and cryptos
  • InstaForex has a strong industry reputation, with a 15+ year history and serving over 7 million clients
  • 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).
Cons
  • The broker’s global branch offers weaker regulation via the offshore jurisdiction of the British Virgin Islands, which means non-EU traders will receive limited safeguards
  • Market coverage and account conditions vary significantly between the global and EU entities - for example, only 300+ instruments are available for global clients, whilst European traders can access 2500+
  • The broker’s website and client cabinet feel outdated and difficult to navigate for newcomers
  • 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.
Awards
  • Best Forex Broker, International Investor Awards 2022
  • Best Crypto Broker 2022, Forexing.com
  • Best Customer Service Broker 2022, AllForexBonus.com
  • Best Broker 2022 in Latin America, International Business Magazine
  • Best Affiliate Program 2022, GBM
  • Best Forex Broker 2022, International Investor Awards
  • Most Active Broker in Asia 2020, AtoZ Markets Forex Awards
  • Best Affiliate Program 2020, Global Brands Magazine
  • Best Broker in Asia 2019, Le Fonti Awards
  • Best Managed Account 2019, IAFT Awards
  • Best ECN Broker in Asia 2018, International Business Magazine
  • 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
Instruments
CFDs, Forex, Stocks, ETFs, Cryptos, Futures, Commodities Forex, CFDs, Indices, Stocks, Commodities, Cryptos
Demo Account
Yes Yes
Minimum Deposit
$100
Trading Platforms
  • MT4
  • MT5
  • MT4
  • MT5
  • TradingCentral
Payment Methods
Minimum Trade
0.01 Lots
Regulator
FCA, ASIC, FSC, JSC
Margin Trading
Yes Yes
STP Account
No No
ECN Account
Yes No
DMA Account
No No
MAM Account
No Yes
PAMM Account
Yes 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
No Yes
Mobile Apps
iOS and Android + browser based platform Yes
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
3.6
4.4
iOS App Rating
3.6
4.8
Auto Trading
Yes Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes No
Copy Trading Platform
The Copy Trading facility at Instaforex is increasingly popular, due to the clear design and growing list of specialist traders and markets.
Social Trading
Yes No
VPS Hosting
Yes No
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
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • CHF
  • PLN
  • AED
Stock Exchanges
Commodities
CFD Trading
You can trade CFDs across a range of diverse markets with flexible account types and leverage up to . With access to both MT4 and MT5, day traders can execute multiple short-term CFD trading strategies using the dozens of pre-integrated technical indicators and graphical objects. 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.
Leverage
1:1000
FTSE Spread
1.0
GBPUSD Spread
Av. Floating 0.6 pips 0.5
Oil Spread
0.05
Stocks Spread
Commissions as low as 0.1% Variable
Forex Trading
InstaForex's range of 100+ currency pairs is among the largest we have seen. ECN spreads are also available from 0.0 pips with zero commissions. Minimum deposits start from making the broker accessible for beginners. You can also access market-leading forex analysis and insights. 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.
GBPUSD Spread
Av. Floating 0.6 0.5
EURUSD Spread
Av. Floating 0.2 0.2
EURGBP Spread
Av. Floating 0.5 0.7
Assets
1000+ 300
Currency Indices
  • USD
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.
Spread
0.1% 0.008 - 6.4 pips
Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • and50+more
  • BTC
  • BCH
  • XRP
  • LTC
  • ETH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
InstaForex
vs
Hantec Markets
vs