Hantec Markets Review

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Hantec Markets provide you with the platforms, tools, education, and support, for trading forex and CFDs on commodities and indices. The platforms are robust and easy to use, making the markets accessible to everyone. You can trade with competitive conditions including low spreads and quick execution speeds on your desktop, web and mobile devices. The broker offers a bespoke service that can be tailored according to your own needs. They have the technology and experience to cater for both retail and institutional traders alike. There are some handy tools for your chart analysis along with guides to help you improve your knowledge of the markets. The minimum amount required to open an account and start trading is just $50 although they do have the option of a free demo account if you would like to practice your strategies to begin with. I think they can be a decent choice of broker for anyone looking to trade in a regulated environment with minimal fuss and great support. However, there are some limitations which we will look at within this review.

Summary

Trading Conditions

They have a reasonable selection of around 100 financial instruments spread across various asset classes, which can be traded through the popular MetaTrader platforms and via FIX API connectivity for those of you who are professional traders. I like how the broker offers a relatively low minimum deposit, tight spreads, fast execution and negative account protection. They can also provide you access to some handy tools for finding trading signals, including the excellent Trading Central software. Whether you’re new to trading or an experienced trader looking for market analysis, you will be pleased to find a dedicated learning sections with educational content for all levels of trader. The friendly customer service team is on hand to assist you with any issues or problems you might have, or any questions you might want answered. It is nice to see the broker gives you a personalised experience. From the moment you join Hantec Markets, they will have someone there to help you through every step of the journey.

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Regulation

When it comes to choosing a broker, regulation is one of the most important things that I look out for. I would much rather use a regulated brokerage firm that can provide me with some protection should something go wrong. It can also help to ensure that the broker must operate in an open and transparent manner in order to comply with the regulators. I am therefore pleased to see that the Hantec Group are licenced across four continents and are regulated in the UK, Australia, Japan, New Zealand, Mauritius, Jordan, Hong Kong. I wouldn’t have any problem at all in trusting them with my funds so that I can focus on my day trading activities.

Hantec Markets’ regulation in the United Kingdom (FCA), Jordan (JSC) and Mauritius (FSC) leverage synergies to help clients worldwide trade safely on the most popular and liquid financial markets in the world. The Hantec Group’s Eastern division comprises of regulation in Australia (ASIC), Japan (FSA) and Hong Kong (CGSE) which allows Hantec the depth to focus on providing clients with security and confidence, while delivering a competitive product offering. Please note that each Hantec Markets entity has different products and services. Some protection may not apply to all entities.

Countries

Hantec Markets does not offer its services to residents of certain jurisdictions including the USA, Iran, and North Korea. If you belong to any of those countries in which they cannot accept clients from, you can find an alternative broker through our broker comparison tool.

Platforms

With Hantec Markets, you can choose from either of the popular MetaTrader platforms, MetaTrader 4 (MT4) or MetaTrader 5 (MT5). Both platforms are used by forex and CFD traders all over the globe. They are well known for being very user-friendly with a quick learning curve. They make it easy to navigate the markets, analyse charts and manage trades. The platforms are very similar, thus if you learn how to use one of them, you shouldn’t have a problem using the other. Although MT5 is the newer version, I still prefer to use MT4, primarily because it was the first platform that I began using many years ago. I have never felt the need to switch to anything else as it is more than capable of doing everything that I need it to.

MetaTrader Platforms

On both platforms, you can trade manually or run automated trading systems. They are fully customisable and versatile, so you can trade how and when you want. I use the desktop platform to conduct complex analysis using my trading strategy templates and also to run my trading robots. The mobile app is ideal for keeping tabs of my trades and the latest market news whilst I am not at my desk. Another key advantage of the MetaTrader platforms is that they are available through most brokers which means it can be easier to switch providers at a later date. It may otherwise be frustrating needing to learn how to use a new platform from scratch.

• Tight spreads
• Market Execution
• Over 50 Currency Pairs to Trade
• Access to a broad range of alternative asset classes
• Free daily and weekly market reports and videos
• Free indicators, FX tools, charts and tutorials
• Full access to comprehensive market research
• Specialist analysis and economic calendars

MetaTrader 4 (MT4)

The ever-popular MT4 desktop application is my go-to retail trading platform which allows you to implement most types of trading strategies. One of my favourite aspects of this platform is that it has powerful charting capabilities for conducting in-depth market analysis. The platform also has a good selection of over 40 preprogramed indicators, 9 charting timeframes, a multitude of order types and a fully customizable interface to allow you to set it up the way you want. I like how it has comprehensive account management features and enough technical indicators to help you conduct daily market analysis. You can find plenty of free and paid add-ons from the marketplace that is easily accessible directly from within the platform. There is also a programming interface where you can develop your own trading tools or you could hire a freelancer to do it for you should you not have the skill required. Regardless, I think MT4 has more than enough functionality to meet the needs of even the most demanding of traders, whilst still being user-friendly enough for absolute beginners.

MetaTrader 4 (MT4) Platforms

MetaTrader 5 (MT5)

The MT5 trading platform provides you with everything you need to trade the financial markets. Just like MT4, it is available for Android, iOS, Windows or any web browser. The web version is useful if you just want to access your account and trade directly in your web browser without needing to download or install any software. It is always up to date which is great. However, for full functionality including automated trading, you would need to use the desktop version of the platforms. As mentioned earlier, the trading app gives you the perfect way to keep track of your positions and market movements as and when required. Whilst MT5 is similar to MT4 in many aspects, especially the way that it looks and feels, it does have some more enhanced features. This includes more timeframes, additional order types, lots more indicators and tools, a built-in economic calendar, multi-currency strategy tester with tick data, level 2 depth of market (DOM) pricing and much more. That is not to say MT4 won’t do the job, it is a great platform in its own right. I would say that MT5 is perhaps more catered towards those who are looking to trade stocks and have complex strategies. For anyone who is a casual forex trader that just wants to buy and sell currencies, MT4 should suffice.

MetaTrader 5 (MT5) Platform

Multi Account Manager (MAM)

The Hantec Markets Multi Account Manager (MAM) is the perfect platform for you if you’re a professional trader or a regulated asset manager as it gives you the ability to manage multiple MetaTrader accounts conveniently from a single interface, providing a fast, stable, and liquid trading environment. This could be something you might want to look into if you want to manage a diversified portfolio and unlimited accounts simultaneously. It has a simple layout with easy access to open positions, margin levels and sending orders.

• Management of multiple trading accounts on MT4
• Trade on any instrument to ensure diversified position allocation
• Several allocation methods including Lot and Proportional Equity
• Partial close of positions facility, Stop Loss, Take Profit and Pending order functionality
• Detailed order and risk management
• Automated trading software accepted (excluding unethical trading)

Tools

To be fair, I feel like the MetaTrader platforms will have more than enouhg tools for everyone to get by. Not to mention that you can download more and even build your own! However, for those that need to take things that little bit further, Hantec Markets have got you covered with some excellent additional tools.

Trading Central

The most standout tool for me is the inclusion of Trading Central which is an industry leading automated analysis software that is brilliant for scanning the markets for customised trading signals. Their award-winning fusion of automated AI analytics, beautiful user interfaces, and analyst expertise helps investors find and validate suitable opportunities, optimize their trading strategies and continually learn about financial markets. Trading Central research tools combine award-winning analyst research with patented pattern recognition to offer unbiased, 24H multi-asset coverage of technical, fundamental, sentiment and economic analysis, back tested strategies and transparent, educational explanations.

Trading Central

Technical Analysis

Directional scenarios and risk management strategies based on chart pattern recognition. With clear trend lines, unparalleled coverage and updated analyses published throughout the trading day, TC Technical Views is a powerful tool for finding new trade ideas and timing your entry/exit points.

Fundamentals

You can get the latest news coverage, media content, and price events across more than 35,000 tradable assets. Actionable insights are derived from fundamentals and value investing criteria. Spot what the market interest focuses on and know what the crowd thinks.

Economic Analysis

Monitor, anticipate and act on market moving events with robust volatility, events and price insights. TC Economic Calendar offers real-time, actionable macro-economic data to help investors act on potentially market-moving events. Using real-time data filter through the economic events of 38 countries and take a peek at how similar events previously played out on the FX charts.

Personalised Approach

Discover live bullish or bearish investment ideas based on award-winning technical and fundamental analytics, and support by back tested strategies. You can easily personalize your ideas to match your unique trading style with a great choice of powerful filters, which let you screen by pattern type, holding-timeframe and more.

Hantec FIX API

With Hantec’s FIX API service, you can open up access to the interbank pricing networks, which offer some of the deepest pools of liquidity available to take advantage of the brokers pricing and execution technologies. I think this platform can be very useful for anyone who is using automated strategies or scalping systems that need the best possible pricing, with tight spreads and fast execution speeds. It provides high-speed connectivity without any trading platforms in the middle, you have direct exchange access. You can gain access to an impressive variety of over 71 different LPs using the aggregation technology. Your connections are directly plugged into the NY4 and LD4 Equinix datacentres so that you are next to Tier1 banks and liquidity providers who are clearing your orders. It is an excellent platform for placing OCO orders which is not possible on many retail trading platforms.

Economic Calendar

You can visit the Economic Calendar page frequently for valuable information that could affect your trading strategy. Keep abreast of major economic announcements as they happen. I think this is a vital tool that I always use in order to be aware of news releases or announcements that might cause market volatility. There is also an economic calendar included within the MT5 platform which is a great way to keep track of the news without needing to switch between tabs.

Education

It is great to see the broker support traders with educational resources, and by providing excellent research on markets. They offer you free access to seminars and webinars, downloadable content, and glossaries to help build your knowledge base. These resources can help you manage risk while improving strategy and planning. I think it is important for brokers to encourage informed trading decisions so it is good to see a generous selection of videos and guides for everyone to learn more about trading online.

Learning Hub

This is your one-stop hub for education, research, strategy, and preparation. Build-up your trading skills with our free library of educational tools and resources. Find dedicated trading webinars, platform guides, comment from analysts, and more. One of the standout things I found about this broker is that it organizes webinars from time to time. I like how they discuss a variety of topics so you can learn about everything from trade management, potential key drivers, and potential new trade setups. Hantec Markets also release interesting forex market reports and trading analysis every morning. The reports will show you what to expect on that day so that you can plan accordingly. I found these to be limited but very helpful to identify possible trade setups. The broker’s analyst also releases commentaries on some major events that can affect specific markets.

Markets

Hantec Markets gives you access to an acceptable range of around 100 tradable products, including CFDs on currency pairs, bullion, energies, and stock indices. You can create a diverse global portfolio, expanding the options available to you. A diversified portfolio across different asset classes are viewed as beneficial in terms of mitigating risks and providing a more balanced approach to investing and (to a lesser degree) trading. However, I did find the financial instruments to be quite limited when compared to some brokers such as IG who offer over 17,000 in comparison. They are also very well regulated and have a fantastic selection of platforms and tools along with very good trading conditions.

Forex Trading

Access the world’s largest and most liquid financial market with world-leading platforms. Trade major pairs like EUR/USD, GBP/USD and USD/JPY. Gain insights from our market experts and benefit from exceptional customer support. You can trade forex on all the major and minor currency pairs, as well as a good amount of exotic pairs.

Bullion Trading

Gold and Silver are still the most important precious metals in commodities trading. You could balance your portfolio in markets that have endured throughout human history. Gold and Silver can both be traded on Hantec Markets as Contracts for Difference (CFD). This means that you can speculate long (buy) or short (sell) on the direction of price without needing to actually physically own the underlying asset.

Indices Trading

Commodity Trading

You can diversify your trading portfolio with major commodities like oil. Build a strategy based on your view of the role commodities will play in national economies, where demand can signal slowdowns or future growth. At Hantec Markets they offer trading in Gold and Silver, plus US and UK Oil. US Oil is a reflection of the US Crude oil market, whilst UK Oil reflects the Brent Crude oil market.

Accounts

There isn’t a huge choice of accounts to choose from but that isn’t really necessary. The broker keeps things nice and simple by giving you a choice of two account types, the Standard and Pro. The account type that you choose will depend on your strategy and whether you need low spreads or prefer to trade with no commission. When you trade with Hantec Markets, the only charge you’ll need to consider is the spread, and/or a commission if you choose to trade specific CFD markets. The spread is the difference between the bid and the ask price and can vary depending on market conditions. They charge their own spread on top of the market spread as the fee for the trade. CFDs are different as you can pay either a commission and/or a spread. The commission/spread combos vary depending on the CFD chosen, please see the trading conditions per CFD on the brokers website for a breakdown of each. There are other cost factors to be considered, including Swap rates (overnight funding) although opening a trading account with Hantec Markets is free. There is no fee for holding money in your account. Generally speaking, I found the broker to have tight spreads and low commission fees, making them suitable for all types of trading strategies. That being said, if you want access to 0.0 pips, you will need the pro account which requires a much larger deposit. I think it would be better if both accounts had the same low minimum deposit requirement so that some traders arent price out of better conditions in terms of the spread.

Standard Account

The Standard account has the following features:

• Floating spread that starts from 1.1 pips
• Zero commission
• Stops out when the equity is 40% of used margin
• Minimum trade size of 0.01 lot and maximum trade size of 50 lots
• Up to 1:500 leverage
• A minimum deposit of $50

Pro Account

For the Pro account, the following applies:

• Floating spread that starts from 0.2 pips
• Commission applies
• Stop Out level at 40%
• Minimum trade size of 0.01 lot and maximum trade size of 100 lots
• Maximum leverage of 1:500
• $1000 minimum deposit

Islamic Account

I appreciate how each of those account types can be an Islamic account which is swap-free. Swap-free accounts can enable you to hold positions for long periods without incurring swap charges, and they do not get spread widening. It is great to see the broker shows support for clients with different religious beliefs but this is pretty much expected from all brokers nowadays.

Demo Account

Demo accounts are available if you need to practice trading online with virtual funds before opening a real live trading account. I think this is a wise idea as you can get used to what it feels like trading without risking any funds. I would always start on a demo account to begin with as it allows me to try new strategies and see if a broker has suitable conditions for my strategies.

Support

Hantec Markets offers a multichannel customer support service that includes email, telephone, Live Chat, and an online contact form. Their customer support team is available from 10 pm Sunday to 10 pm Friday (GMT) to provide traders with immediate support during trading hours. You can also reach them via their social media handles on Facebook, Twitter, Instagram, YouTube, and LinkedIn. When you sign up to the broker, you’ll be appointed an account manager who will be there to help you throughout your trading journey which is good although you can ask them to take a step back if you prefer to go at your own pace. I would have preferred if they offer 24/7 support. If this is something that bothers you too, you could consider taking a look at FP Markets instead as they do have around the clock support.

Funding

Hantec Markets tries to make funding and withdrawals simple and secure, so they accept only the most popular payment methods. I like the digital wallet options as I find these are the most convenient methods for me to fund my account. They accept deposits in USD, EUR, GBP, AED, and NGN. This is a good variety compared to any broker and can help you save on conversion fees. It is important to know that Hantec Markets will, under no circumstances, accept any payment from third parties. Any funds received from a third party are returned. You will find this policy applies to nearly all brokers.

Here are the payment options accepted by this broker:

Bank Wire Transfer

Funding your account through this method can take up to 2-3 working days to be processed. Hantec Markets does not charge any transaction fees, but the depository bank may charge some fees. Withdrawals also take up to 3 working days and fees may apply.

Credit/Debit Card

The broker accepts Visa, MasterCard, and UK Debit Cards. Funding is instant, and there is a 2% deposit fee. Withdrawals may take up to 24 hours and fees may apply.

Neteller

Deposit is instant and can be from $0 to $10,000 per transaction. Withdrawals are free of charge and may take up to 24 hours. There is an additional 0.5% charge for clients residing in Argentina, Brazil, India, and Japan. For clients residing in Taiwan, the additional fee is 1%.

Skrill

Funding is instant and can be from $0 to $10,000 per transaction. Withdrawals may take up to 24 hours.

Conclusion

Overall, I think Hantec Markets is a decent broker despite some limitations. They are an affiliate of the Hantec Group, a trading and investment firm that has been around for many years. This helps to give me confidence I can trade in a secure environment. You can trade via versatile platforms with relative ease on a limited range of financial instruments spread across forex, commodities and indices. I think they make trading online accessible to everyone and like how they have lots of educational content and tools for comprehensive market analysis. It is great to see that all active clients have access to the award-winning trading tools & research powered by Trading Central. There are trading solutions for both retail and institutional traders alike with a dedicated customer support team to back you up.

Despite the many positives, there are some limitations. For instance, there isn’t a great number of financial instruments to trade, with no individual stocks. I also feel that they could lower the minimum deposit on the pro account for users who need tighter spreads but whose budget doesn’t stretch that far. Support isn’t available 24/7 but that probably won’t be a deal breaker for most.

Trust Through Transparency: Hantec Markets’ goal is to provide an unrivalled trading experience that demonstrates fairness and transparency in every aspect of its delivery to maintain a stable and secure environment for its customers to learn, develop and trade. If you want to see if they can deliver on their promise, you can always start with a free demo account to see how things go before making any commitment.

$50

Hantec Markets provides bespoke services for access to the financial markets, including CFD trading via the user-friendly MetaTrader platforms, managed accounts and FIX API. They have competitive trading conditions along with handy tools and educational content to help you on your journey.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

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