Hantec Markets Review

Alyaziah Hayat | May 9, 2022

Hantec Markets is an affiliate of the Hantec Group which is a company established in 1990. They can provide you with customized and professional services in the financial markets. They let you trade forex and CFDs on equity indices, precious metals, energies, and cryptocurrency via the MetaTrader 4 and Multi Account Manager platforms. I like the available trading accounts as they come with competitive spreads, seamless execution, and negative balance protection.

Broker Pros / Cons
  • Easy to use MetaTrader 4 platforms
  • FIX API for high-frequency trading
  • ZuluTrade for social trading
  • Managed accounts software
  • Relatively low minimum deposit
  • Various account deposit/withdrawal options
  • 24/5 customer support
  • Free demo accounts
  • Islamic accounts
  • No US clients
  • No individual stocks
  • Limited educational resources
  • No MetaTrader 5 platforms

Summary

Hantec Markets is a member of the Hantec Group that can offer you forex and CFD trading in regions that are not covered by the other members of the Group. They have over 100 instruments spread across five asset classes, which can be traded through the popular MT4 platform. I find this offering to be very small as compared to what’s being offered by other top brokers like IC Markets.

I like how the broker offers a relatively low minimum deposit, competitive spread, fast execution, negative account protection, and active customer service. They can also provide you access to a social trading network and other helpful tools. However, I believe Hantec Markets could immensely improve on their educational resources. I found Admirals to have a great selection of educational resources in comparison.

Hantec Markets Broker Features

Hantec Markets Broker Features

Regulation

Hantec Markets Limited is authorised and regulated by the Financial Conduct Authority (FCA) in the UK.

Hantec Markets Limited is authorised and regulated as an Investment Dealer by The Financial Services Commission (FSC) of Mauritius.

Hantec Markets Limited Jordan is authorised and regulated as an Intermediary Financial Broker by the Jordan Securities Commission (JSC).

It is important to note that your funds will not be insured by an independent organization since the broker is not a member of the Financial Commission. However, the broker will keep your funds separate from the company’s funds — they are kept in the segregated client account maintained at a fully regulated bank. In addition, I appreciate that the broker regularly audits their account through the services of BDO, one of the most reputable external auditors in the world. This gives me peace of mind knowing my funds are kept securely.

Please note that each Hantec Markets entity has different products and services. Some protection may not apply to all entities.

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, you can find an alternative broker through our broker comparison tool.

Platforms

MT4 Desktop

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 favorite aspects of this platform is that it has customizable price charts and supports a multitude of order types. The platform also comes with 30 preprogrammed indicators, 9 charting timeframes, and a freely customizable interface to allow you to set it up the way you want.

Hantec Markets MT4 Desktop

Hantec Markets MT4 Desktop

MT4 Mobile

The Hantec Markets MT4 mobile platform allows you to trade anytime and anywhere — even when away from your desk. I like how it has comprehensive account management features and enough technical indicators to help you conduct daily market analysis. There are Android and Apple-compatible MT4 mobile apps.

Hantec Markets MT4 Mobile

Hantec Markets MT4 Mobile

Multi Account Manager

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 MT4 accounts. The MAM software also gives you the ability to do so from a single interface.

Hantec Markets Multi Account Manager

Hantec Markets Multi Account Manager

Tools

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. I find this platform very useful as it helps to ensure that your execution requirements can be easily satisfied.

Hantec Markets FIX API

Hantec Markets FIX API

Expert Advisors

MT4 Expert Advisors (EA’s for short) can help you automate your trading strategy so you won’t need to monitor your trading positions all day long. The Hantec MT4 trading platform has a number of popular EAs built-in.

Hantec Markets Expert Advisors

Hantec Markets Expert Advisors

You can find thousands of free and paid EA’s from other developers online. Despite this, I like how it gives me the option to create my own. There is also a marketplace within the MT4 platform that has EA’s and plenty of other tools that you can implement into your trading.

ZuluTrade

ZuluTrade is a social trading network that can help you find top-ranked traders on ZuluRank, a proprietary performance evaluation algorithm, and then copy their trades. You can find out more in our detailed ZuluTrade review.

Hantec Markets ZuluTrade

Hantec Markets ZuluTrade

Education

Currency trading webinars

One of the great things I found about this broker is that it organizes Live MT4 Trading Webinar and Non-farm Payrolls Webinar from time to time. I like how they discuss a variety of topics in the Live MT4 Trading Webinar. You can learn about everything from trade management, potential key drivers, and potential new trade setups. In the Non-farm Payrolls Webinar, they perform a live analysis of how the market reacts to Non-Farm Payrolls and look for potential trading opportunities.

Daily Morning Forex Reports & Trading Analysis

Hantec Markets releases forex market reports and trading analysis every morning. The reports will show you what to expect on that day. I found these to be limited to forex only but very helpful to identify possible trade setups.

Commentaries

The broker’s analyst also releases commentaries on some major events that can affect specific markets.

Markets

Hantec Markets gives you access to more than 100 tradable products, including currency pairs, CFDs, cryptocurrency, bullion, energies, and stock indices.

  • Currency pairs: With this broker, you can trade all the major and minor currency pairs, as well as a number of exotic pairs
  • CFD Cryptocurrency: The broker offers CFD trading in Cryptocurrency-USD pairs, such as BTC/USD, BCH/USD, XRP/USD, LTC/USD, ETH/USD, and DSH/USD
  • Bullion: You can trade gold and silver with Hantec Markets
  • Equity indices: Some of the major stock market indices are available for trading, including AU200, ES35, EU50, FR40, HK50, JP225, UK100, US100, US30, and US500
  • Energy commodities: Brent Crude Oil and WTI Crude Oil are also available for trading
Hantec Markets Instruments

Hantec Markets Instruments

Accounts

Hantec Markets give you a choice of two account types — 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.

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 apply:

  • 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
  • $50 minimum deposit
Hantec Markets Account Types

Hantec Markets Account Types

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.

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.

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. I would have preferred if they offer 24/7 support. If this is something that bothers you too, I would recommend checking out Bold Prime instead. You can also reach them via their social media handles on Facebook, Twitter, Instagram, YouTube, and LinkedIn.

Funding

Hantec Markets tries to make funding and withdrawals simple and secure, so they accept only the most popular payment methods. 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.

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.

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.

Signup

Trading with Hantec Markets involves a simple 4-step process:

  1. Account registration
  2. Account verification
  3. Funding account
  4. Start trading
Hantec Markets Account Opening Process

Hantec Markets Account Opening Process

To register an account, you need to click on the ‘Live Account’ button on the broker’s homepage to get the ‘New Client Registration Form.’ There is a long form that takes a while to complete as it has the following sections:

  • Account details
  • Personal details
  • Employment and Financial Information
  • Investment Experience
  • Declarations
  • Acknowledgments

Fill completely and submit. Confirm your email and upload your means of identification and proof of address to verify your account. I like how the verification may only take up to a day or two. Once your account has been verified, you can proceed to fund it and start trading. Make sure that you carefully read all terms and policies during the account opening process.

FAQ

What is the Hantec Markets minimum deposit?

The minimum deposit required by Hantec Markets is $50.

How do I deposit money into Hantec Markets?

The following deposit methods are available at Hantec Markets: Wire Transfer, Credit/Debit Cards, Neteller, and Skrill.

What are Hantec Markets deposit fees?

Hantec Markets do not charge any deposit fees on traders’ accounts.

How do I withdraw money from Hantec Markets?

You can withdraw funds from your Hantec Markets account using the following payment options: wire transfer, credit/debit cards, and some online payment processors, such as Neteller and Skrill.

What are the Hantec Markets withdrawal fees?

Hantec Markets do not charge any withdrawal fees on clients’ accounts.

What is the Hantec Markets commission fee?

Hantec Markets have low commission fees that start from $0.

Are there any Hantec Markets inactivity fees?

Hantec Markets does not charge any inactivity fees on the dormant account. However, if a client’s account stays inactive for over six months, it will be archived.

What are the Hantec Markets account types?

Hantec Markets offer two live trading account options. They include the Standard and Pro account.

Is there a Hantec Markets demo account?

Yes, the broker offers a demo account for practice purposes. The demo account comes preloaded with virtual funds to test your trading strategies without any risk involved and get a feel for what the broker offers before investing real funds.

What are the Hantec Markets spreads?

Hantec Markets have low spreads starting from just 1.1 pips on the Standard account and 0.2 pips on the pro account.

What is the Hantec Markets leverage?

Hantec Markets offers leverage of up to 1:500 to clients.

Do Hantec Markets allow hedging, scalping, news trading & automated trading?

Yes, Hantec Markets allows all trading styles, including automated trading, hedging, and news trading.

Is there a Hantec Markets Islamic account?

Yes, Hantec Markets offer Islamic account options on each available live trading account option.

What are Hantec Market’s trading instruments?

Hantec Markets allows clients to trade the following financial instruments: forex, cryptocurrency, indices, metals, energies, and CFDs.

How do I open a Hantec Markets live account?

To register an account, click on the ‘Live Account’ button on the broker’s homepage to get the ‘New Client Registration Form.’ Fill out the form by entering your email and other relevant details and submit.

How do I verify my Hantec Markets account?

You can verify your Hantec Markets account by providing proof of identification and up-to-date proof of address, no more than six months old.

What is the Hantec Markets trading platform?

Hantec Markets provides traders with the MT4 trading platform. It is an advanced trading platform that is available in desktop, web, and mobile versions.

Where can I download the Hantec Markets platform?

You can download the Hantec Markets trading platforms directly from the broker’s website or the relevant iOS and Android app stores.

Where are Hantec Markets located?

Hantec Markets is located in the United Kingdom, Cyprus, and Mauritius.

Are Hantec Markets regulated?

Yes, Hantec Markets is regulated by various top regulatory authorities, such as FSC, FCA, and JSC.

What countries does Hantec Markets not accept?

Hantec Markets does not accept clients from countries where the use of their services would be contrary to local laws and regulations.

Is Hantec Markets a scam?

No, Hantec Markets is most likely not a scam. The broker is regulated by various top regulatory authorities in the industries.

How can I contact Hantec Markets support?

You can contact Hantec Markets’ client support team via the following channels: email, telephone, Live Chat, and an online contact form.

Compare

Compare Broker (vs Our Top 3 Brokers)
Broker FeaturesAvaTradeIGIC Markets
Founded200619742007
RegulatedASIC, BVI, CBI, FFAJ, JFSA, FSCA, IIROC, ADGM FRSAFCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFFASIC, CySEC, FSA, SCB
CountryAustralia, Ireland, South Africa, Japan, British Virgin IslandsAustralia, UK, USA, Switzerland, UAE, Singapore, JapanAustralia, Seychelles, Bahamas, Cyprus
Min. DepositMin $250 DepositMin $100 DepositMin $200 Deposit
CommissionFrom $0From $0From $0
SpreadsFixedVariableVariable
Leverage1:4001:2001:500
InstrumentsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, CFDs, ETFsForex, Commodities, Stocks, Shares, Indices, Cryptocurrencies, Metals, Energies, Options, Bonds, ETFs, CFDsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs
PlatformsMetaTrader 4, MetaTrader 5, AvaTradeGO, AvaOptions, AvaSocial, DupliTrade, ZuluTrade, Web, MobileMetaTrader 4, IG Platform, IG Progressive Web App, ProRealTime (PRT), L2 Dealer, FIX API, Web, MobileMetaTrader 4, MetaTrader 5, cTrader, Web, Mobile
TypeMarket Maker, STPSTP, ECN, DMAECN
FundingWire Transfer, Credit/Debit Card, Paypal, WebMoney, Neteller, SkrillWire Transfer, Credit/Debit Cards, PayPalWire Transfer, Credit Card, Debit Card, WebMoney, Neteller, PayPal, Skrill, FasaPay, UnionPay, Qiwi, Bpay, Poli
Visit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit Broker

Conclusion

Overall, I think this is a decent broker which does have 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. They can offer you trading in forex, indices, energies, bullion, and cryptocurrency through the various MT4 platforms.

Hantec Markets seems to make trading online an enjoyable process. I really like how with they have a low minimum deposit, various funding options, competitive spreads, fast execution speeds, negative account protection, and access to a social trading network.

However, 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 provide more educational content for beginners and offer the MetaTrader 5 platform for traders who want to take advantage of that platform’s extra functionality.

Hantec Markets Logo

Min $50 Deposit

Hantec Markets provides customized services to the financial markets, including trading in Forex & CFDs on equity indices, precious metals, energies, and cryptocurrency via MetaTrader 4 & Multi Account Manager platforms, with competitive trading conditions.

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

About the Author

Alyaziah Hayat
I had previously been forex trading for about 2 years and I now mainly focus on writing forex-related content. I also deal with cryptocurrencies and other financial assets in this industry. I've dealt with several brokers, assets, EA robots, and everything that this industry has to offer.

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