Hantec Markets is a global CFD and forex broker offering the MT4 platform with automated and social trading options. This review covers the broker’s spreads, minimum deposit, demo competitions, and regulation. Read more on this Hantec Markets Review to find out whether to register for an account.
Hantec Markets Headlines
Hantec Markets Limited was created in 2008, formed by an experienced financial services company with 30 years of experience in helping traders. Headquartered in London, UK, the EU-regulated broker has since opened tens of thousands of live accounts for clients throughout the world, from Europe to the Middle East.
The CEO has opened 11 global offices and the company provides trading services everywhere except the US, Iran, and North Korea.
Trading Platform
MT4 is an industry-renowned platform that provides a well-rounded, intuitive trading experience. Boasting over 30 technical analysis tools, 2,000 indicators, and 9 timelines, MT4 has advanced capabilities while retaining an easy-to-use interface that is great for less-experienced traders. It also has automated trading capabilities through FIX API and ZuluTrade. The latter also provides social and copy trading options.
Note, MT4 can be downloaded for free from the Hantec Markets website.
MetaTrader 5 is also available to traders depending on their location.
Assets & Markets
The broker presents clients with a wide range of forex pairs, stocks and indices. The rest of the instrument selection is comprised of cryptocurrencies (BTC, BCH, XRP, LTC, and ETH), bullion (gold and silver), and commodities (crude oil, aluminium, zinc, lead, nickel, coffee, cocoa, sugar, wheat, cotton, copper, and natural gas).
Spreads & Commissions
Hantec Markets charges through spreads and commissions. Spreads are variable but competitive, with EUR/USD typically coming in at 0.2 pips, GBP/USD at 0.5 pips, and EUR/GBP at 0.7 pips. Negotiable commissions are charged on CFD index trades.
Bullion spreads are 5 cents for silver and 50 cents for gold. However, both bullion and commodities are commission-free. Cryptocurrency spreads and commissions are variable.
Swaps are charged for positions held overnight and vary with the market.
Leverage
Hantec Markets international clients can access leverage up to 1:500 using the Standard Account, while the Cent Account unlocks an impressive 1:1000.
Leverage for European clients is limited by ESMA regulations to 1:30 for major FX pairs, 1:20 for minors and exotics, gold, and stock indices, and 1:10 for oil and silver.
Professional traders may be able to negotiate higher leverage rates by speaking to the customer support team, contact details for which are below.
Mobile App
Hantec Markets offers a mobile application available on iOS and Android devices. Allowing control over your trading no matter where you are, the app provides 30 indicators, several charting types, multiple order types, and rapid execution. The mobile client portal also allows for total account management.
Hantec Markets Payment Methods
The broker offers a standard range of payment methods for transactions in USD, EUR, GBP, or NGN. Payments can be made using debit cards, bank wire transfers, Skrill, Neteller, and China UnionPay.
Deposits
There is a low minimum deposit of $10 for their Cent Account, making the broker an attractive option for beginners. In the Standard Account, the minimum is set at $100.
Withdrawals
The minimum payment is $100. They are processed by Hantec Markets the same day if requested before 15:00 GMT. However, it may still take two to seven business days for the money to reach your account.
European clients are not charged for deposits and withdrawals, but international clients can be charged for large withdrawals with e-wallets. Some banks may also have their own processing fees.
Demo Account
Hantec Markets provide clients with a free demo account that allows you to get a feel for the products and explore strategies in a risk-free environment. The demo account works on the MT4 platform and can be funded with up to $50,000. Clients are also sent a free educational package upon registration to help get them started.
Demo accounts are available for 30 days as standard, though the support team can be contacted using the details below to extend the expiry.
Bonuses & Promotions
New Vietnam users can receive 100% on top of their original deposit or re-deposit amount, with a minimum deposit of 1,000 USD and a maximum of 5,000 USD.
At the time of writing, there are no welcome bonuses or special promotions for other customers. With that said, international clients can take part in demo competitions with prizes of funded live accounts. Top traders can win up to $5,000.
Regulation & Licensing
Hantec Markets Limited is authorized within the European Economic Area and regulated by the UK Financial Conduct Authority (FCA). As part of its FCA licensing conditions, European clients are insured for up to £85,000 in the event of broker insolvency.
Six other international brokers work under the Hantec Markets brand, each of which is regulated by official local bodies, including the New Zealand Financial Markets Authority (FMA), the Australian Securities and Investment Commission (ASIC), Vanuatu Financial Services Commission (VSFC), Chinese Gold and Silver Exchange (CGSE), and the Japan Financial Services Agency (FSA). The broker is also regulated in Jordan and Mauritius.
Additional Features
The broker offers an excellent range of additional services and trading tools.
Education
There is a wealth of educational resources on the Hantec Markets website, such as market reports, analysis videos, YouTube webinars from Nigerian and African traders, plus podcasts. There is also a learning hub with four experience tiers plus strategy creation and risk management lessons.
FIX API
Hantec Markets provide a FIX API that reduces execution times and streamlines trades for more experienced clients. This opens the door to more advanced trading strategies and can be customized to suit personal requirements and programmed for algorithmic trading.
Copy Trading
International clients are offered a ZuluTrade add-on for social trading. This comes with ZuluGuard protection that monitors traders’ performance. It disengages if traders deviate from their strategies. ZuluTrade can also be used for automated trading.
Account Types
There are two variations: Standard Account and Cent Live Account.
Standard Account
- Copy trading
- Demo account
- 7 asset classes
- Spreads form 0.2
- Leverage up to 1:500
- $100 minimum deposit
- Access to Trading Central
Cent Live Account
- 5 asset classes
- Spreads form 1.2
- $10 minimum deposit
- Leverage up to 1:1000
- Access to Trading Central
European clients who can be classified as professionals by the ESMA can open professional accounts. These accounts have access to higher leverage rates than their retail counterparts, though they are less protected by regulatory bodies.
Hantec Markets offer Islamic-friendly accounts under the name Swap Free Accounts. They can be opened by contacting the customer support team.
All traders, including professionals, receive negative balance protection of up to $10,000.
Trading Hours
The broker is open 24 hours a day five days a week, starting at 21:00 GMT on Sunday and closing at 00:40 GMT on Saturdays. Index trading times vary as they follow local market operating hours.
In London time, bullion is open from Sunday 23:05 to Friday 21:55, and forex is Sunday 22:05 to Friday 21:55. All instruments take a daily break for swaps to be calculated.
A holiday calendar is provided on the broker’s website.
Customer Support
All Hantec Markets clients have a dedicated relationship manager assigned. This manager is a single point of contact for all queries and issues, available from the live chat tool.
The customer support team is also available 24/5 and may be contacted by leaving a message in their ‘contact us’ section. They can also be reached using the live chat located at the lower right of the broker’s website or by using the following telephone numbers:
- China – 4000280332
- Nigeria – 7080601265
- Jordan – 18442000155
- Thailand – 1800019263
- Taiwan – 886801491458
- Pakistan – 080090044349
- Main Office (UK) – +41225510215
All international numbers incur a toll fee.
The UK headquarters are located at 5-6 Newbury St, Barbican, London EC1A 7HU. For the address of their Dubai, India, or other offices, see the Hantec Markets website.
Security
MT4 uses encryption and dual-factor authentication to keep transactions sure. All client funds are also segregated from the broker’s in protected bank accounts.
Hantec Markets Verdict
Hantec Markets is a good choice for traders of all experience levels, providing one of the industry’s best trading platforms. The FIX API allows more advanced traders to use algorithmic trading and rapid executions, while ZuluTrade and the education center are great for beginners.
FAQ
Is Hantec Markets Regulated In Australia?
Hantec Markets (Australia) PTY Limited has an Australian Financial Services Licence (number 326907) and is regulated by the Australian Securities and Investments Commission (ASIC).
Can You Still Trade On Hantec Markets?
Yes, Hantec Markets is an operational broker. You can trade from anywhere in the world except for its list of restricted countries.
Accepted Countries
Hantec Markets accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.
Traders can not use Hantec Markets from United States, Iran, Korea.
Payment Methods
- Neteller
- Visa
- Skrill
- UnionPay
- Wire Transfer
- Mastercard
Top 3 Alternatives to Hantec Markets
Compare Hantec Markets with the top 3 similar brokers that accept traders from your location.
- Pepperstone – Pepperstone is a leading online broker with over 400,000 clients in more than 175 countries. The top-rated brokerage offers excellent market access, industry-leading platforms in MT4, MT5, TradingView, and cTrader, plus low fees with no hidden charges. Pepperstone is also heavily regulated with a high trust score, holding licenses with reputable bodies, including the FCA, ASIC, DFSA, and CySEC.
Go to Pepperstone - FP Markets – FP Markets is an ASIC- and CySEC-regulated broker that offers forex and CFD trading on a broad range of assets through the MT4, MT5 and IRESS platforms. With trading available through standard and raw spread accounts on thousands of international stocks, forex, indices, commodities, cryptocurrencies, bonds, and ETFs, this broker has some of the most comprehensive market coverage available. FP Markets also offers a full range of additional features, including educational resources and access to powerful software such as Autochartist.
Go to FP Markets - Admiral Markets – Admirals is an FCA- and ASIC-regulated broker with an excellent range of leveraged instruments, including forex, stocks, indices, ETFs, commodities, cryptos, and more. The broker supports the MetaTrader 4, MetaTrader 5, and TradingCentral platforms. With both spread betting and CFDs available and thousands of instruments, this broker provides more flexibility than most rivals.
Go to Admiral Markets
Hantec Markets Comparison Table
| Hantec Markets | Pepperstone | FP Markets | Admiral Markets | |
|---|---|---|---|---|
| Rating | 3.8 | 4.8 | 4 | 3.5 |
| Markets | Forex, CFDs, indices, commodities, stocks, bullion | CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting | CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto | Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs, bonds, spread betting |
| Demo Account | Yes | Yes | Yes | Yes |
| Minimum Deposit | $10 | $0 | $100 | $100 |
| Minimum Trade | 0.01 Lots | 0.01 Lots | 0.01 Lots | 0.01 Lots |
| Regulators | FCA, ASIC, FSC, FMA, FSA, CGSE, VSFC, JSC | FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB | ASIC, CySEC, ESMA | FCA, CySEC, ASIC, JSC |
| Bonus | – | – | – | – |
| Education | No | Yes | Yes | Yes |
| Platforms | MT4, MT5, TradingCentral | MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade | MT4, MT5, cTrader, AutoChartist, TradingCentral | MT4, MT5, TradingCentral |
| Leverage | 1:500 | 1:30 (Retail), 1:500 (Pro) | 1:30 (UK), 1:500 (Global) | 1:30 (EU), 1:500 (Global) |
| Payment Methods | 6 | 11 | 15 | 11 |
| Visit | Visit | Visit | Visit | Visit |
| Review | Hantec Markets Review | Pepperstone Review | FP Markets Review | Admiral Markets Review |
Compare Trading Instruments
Compare the markets and instruments offered by Hantec Markets and its competitors. Please note, some markets may only be available via CFDs or other derivatives.
| Hantec Markets | Pepperstone | FP Markets | Admiral Markets | |
|---|---|---|---|---|
| CFD | Yes | Yes | Yes | Yes |
| Forex | Yes | Yes | Yes | Yes |
| Stocks | Yes | Yes | Yes | Yes |
| Commodities | Yes | Yes | Yes | Yes |
| Oil | Yes | Yes | Yes | No |
| Gold | Yes | Yes | Yes | Yes |
| Copper | Yes | Yes | Yes | Yes |
| Silver | Yes | Yes | Yes | Yes |
| Corn | No | Yes | Yes | No |
| Crypto | Yes | Yes | Yes | Yes |
| Futures | No | No | Yes | No |
| Options | No | No | No | No |
| ETFs | No | Yes | Yes | Yes |
| Bonds | No | No | Yes | Yes |
| Warrants | No | No | No | No |
| Spreadbetting | No | Yes | No | Yes |
| Volatility Index | No | Yes | Yes | Yes |
Editorial Staff at Chweya is a team of financial experts led by Vincent Nyagaka, with over 9 years of experience in finance, commerce, forex, crypto, and marketing. Started in 2014, Chweya is now among the largest free financial resource sites in the industry and is often referred to as Wikipedia for business.
