TP Global FX vs Hantec Markets

TP Global FX vs Hantec Markets Comparison Table 2024
TP Global FX	Hantec Markets
TP Global FX has closed.	Review 3.8

TP Global FX is an offshore broker with a strong focus on education and technical analysis tools. It offers STP pricing and up to 1:500 leverage on 50+ forex pairs and a smaller range of stocks, indices, commodities and cryptocurrencies. The broker supports the MetaTrader 4 and MetaTrader 5 platforms and offers additional services including copy trading and an informative daily blog.	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
Seasonal Bonuses
Comment by Reviewer
"TP Global FX will suit forex traders who value true STP pricing, good educational resources and copy trading."	"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
Good range of frequently updated educational resources Demo profile with unlimited simulated funds Very tight spreads from 0.2 Support for MT4 and MT5 Copy trading service Accepts crypto deposits ~30ms execution speeds High leverage available True STP pricing	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
Limited consumer protections in place including negative balance protection High commissions of $15/$8 for the low-spread accounts Not overseen by any top-tier regulators Narrow choice of deposit options Small range of non-forex assets	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
Most Transparent Broker 2021 - Forex Broker Awards Best FX Educational Broker 2021 - Forex Broker Awards Best Affiliate Program 2021 - Forex Broker 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
Instruments
Forex, CFDs, indices, commodities, cryptocurrencies	Forex, CFDs, Indices, Stocks, Commodities, Cryptos
Demo Account
Yes	Yes
Minimum Deposit
$200	$100
Trading Platforms
MT4 MT5 TradingCentral	MT4 MT5 TradingCentral
Payment Methods
Bitcoin Payments Wire Transfer	BPAY Credit Card Debit Card Mastercard Neteller Skrill Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
SVGFSA, VFSC, CAMA	FCA, ASIC, FSC, JSC
Margin Trading
Yes	Yes
STP Account
Yes	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
No	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
Yes (iOS & Android)	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
	4.4
iOS App Rating
	4.8
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	No
Copy Trading Platform
Follow and copy multiple professional traders using performance analytics and market signals at TP Global FX.
Social Trading
Yes	No
Trade Signals
Yes
VPS Hosting
No	No
Tournaments
Yes	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	USD EUR GBP CAD AUD CHF PLN AED
Stock Exchanges
Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Dow Jones Euronext Hang Seng Japan Exchange Group Nasdaq S&P 500	DAX GER 40 Index Dow Jones FTSE UK Index Hang Seng Japan Exchange Group Nasdaq S&P 500 Shanghai Stock Exchange
Commodities
Aluminium Cocoa Coffee Copper Corn Cotton Gasoline Gold Natural Gas Oil Silver Sugar	Gold Oil Silver
CFD Trading
TP Global FX clients can trade CFDs on forex as well as around 12 stocks, 12 indices, five cryptocurrencies and commodities including gold, silver oil and gas. CFDs trade with up to 1:500 leverage on the hugely popular and reliable MT4 and MT5 platforms.	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
1:500	1:1000
FTSE Spread
Not offered	1.0
GBPUSD Spread
From 0.2 pips	0.5
Oil Spread
From 0.2 pips	0.05
Stocks Spread
From 0.2 points	Variable
Forex Trading
TP Global FX offers trading on 50+ forex pairs with a good selection of minors and exotics as well as the majors. The broker offers fast 30ms execution speeds with a Straight-Through Processing system. Very tight spreads starting from 0.2 are available on pro accounts, while standard commission-free account spreads start from 1.2.	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
From 0.2 pips	0.5
EURUSD Spread
From 0.2 pips	0.2
EURGBP Spread
From 0.2 pips	0.7
Assets
50+	300
Cryptocurrency
TP Global FX offers CFDs on five cryptocurrencies paired with USD. Spreads are lower than many alternatives and users can trade crypto 24/7 without interruption.	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
Variable	0.008 - 6.4 pips
Coins
BTC ETH LTC XRP EOS	BTC BCH XRP LTC ETH
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

TP Global FX has closed.	Review
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