Regulators: FCA, ASIC, FSC
Minimum Deposit: $50
Maximum Leverage: 1:500
Hello everyone! It’s Valentin here for the Hantec Markets review today. The broker is a trading name of Hantec Global LTD. It also a part of the Hantec Group. So, let’s see what will you learn about this broker: Who is Hantec Global? What are the account types offered by Hantec Global? Is Hantec Global scam or reliable? What are the trading conditions such as Hantec global minimum deposit, Hantec spreads, and Hantec leverage? Is Hantec Global regulated?
You are going to get all the answers to these questions in this Hantec Fx review. Let’s start with the regulation and license section. Because it is the most important thing when you choose a broker.
Who is Hantec Global?
On Hantec Markets you can trade Forex and CFDs. As I mentioned above in the Hantec fx review, the broker is a part of the Hantec Group. Hantec Markets is another brand of this group and it is regulated by FCA in the United Kingdom. Hantec Markets Group of companies has been servicing traders with 30 years of experience since 1990. Hantec Markets Limited was founded by the Hantec Group in 2008.
Now they serve in many countries around the world and they guarantee that your money is held in a segregated bank account, at a regulated institution.
License and Regulation of Hantec Global
Financial institutions must meet certain requirements and are therefore subject to restrictions and guidelines. Regulation is very important for this reliability. The rules and laws that companies operating in the forex market must comply with are determined by the forex market regulation. The purpose of these rules is to protect you against the risk of loss and fraud, which has not been mentioned or hidden before.
Since the forex market is global, it is very prone to fraud. Some governments and independent organizations audit the forex market according to certain criteria.
Being registered with the regulatory agency and having a license, passing audits, informing customers about service changes, etc. are some of these criteria. That’s why it’s safer to work with licensed forex brokers to protect yourself from fraud. These brokers are subject to constant audits and reviews to meet the requirements.
Hantec Group is approved by the Australian Securities and Investments Commission (ASIC) to provide investment financial services in Australia.
Also, Hantec Global is a trading name of Hantec Global Ltd. who is authorized and regulated by the Mauritius Financial Services Commission (FSC) in the Republic of Mauritius (License Number: C114013940). At the same time Hantec Markets Limited is authorised and regulated by the Financial Conduct Authority (FCA) in the UK (Register no: FRN 502635).
So, it means there is no license problem with the broker. You can invest and trade with this broker easily. Let’s look at the trading conditions of the broker.
Hantec Global Minimum Deposit, Account Types and Spreads
Opening an account is free in the Hantec Markets. Hantec Global offers to you two kinds of accounts. These are the Standard account and Pro account. There is an option also to choose these accounts as a swap-free Islamic account. Lots of micro, mini or standard sizes can be traded.
Both accounts have a 50$ minimum deposit. They offer variable spreads. The maximum leverage is up to 1:500. Spreads are from 1.1 pip for the Standard account. For pro account spreads are from 0.2 pip but there is also commission. Base currencies are USD / EUR / GBP / AED for both account types.
You can also open a Swap-free account. Swap Free Accounts can trade the following products without Swap charges EUR/USD, GBP/USD, USD/JPY, USD/CHF, EUR/CAD, GBP/CAD, EUR/GBP, CHF/JPY, EUR/CHF, EUR/JPY, NZD/USD, AUD/USD, AUD/NZD, USD/CAD, GBP/JPY, CAD/JPY, CAD/CHF, GBP/CHF, XAG/USD, XAU/USD.
Swap-Free Account Features
- No interest/swap charges on overnight positions
- No spread widening
- No extra commissions
- Positions can be held with no time limit
- Leverage up to 500:1
- 100% real-time market execution
- 24/5 dedicated support from your Client Account Manager
Demo Accounts and Educational Material
Hantec Markets supplies demo accounts for their customers. Demo accounts work on MT4 trader and you can finance them to 10.000 GBP. You can use demo accounts free for 30 days without any risk.
They supply you a free comprehensive library of resources about how can you trade. If you are a beginner, the expert reports and insights they publish, e-books, webinars can be of great help to you. You can also access many training videos about Hantec Markets on Youtube and their website.
Hantec Markets’ Customer Service
Their expert friendly team is ready to help you. In case of any problem, you can contact with their relationship managers to guide you if you have questions. They have live chat support on their website to help you 24/5.
At the same time, Hantec Markets’ website provide customer help in many languages like English, Spanish, Italian, Russian, Chinese, Arabic and German. You can also contact them on their contact us form here.
Trading Platforms on Hantec Markets
Hantec Global offers the industry-leading trading platforms MetaTrader4 and Currenex. This is another good feature for the broker. Because most of the traders know and use MT4 and they have another option too. You can use MT4 on your computer or on your phone. They also have mobile application to trade.
Also, MetaTrader4 is still the most used trading platform and it is not a surprise. It has a user-friendly interface, automated trading systems, technical indicators, so many chart tools, and more.
Deposit and Withdrawal Options of Hantec Global
When we check the funding methods that Hantec Global accepts are wire transfer, credit/debit card, Skrill, and Neteller. There is no commission when you deposit.
Hantec Global says it will cover any payment provider costs on your behalf. Customers’ funds are kept in fully regulated and reserved bank accounts.
They accept USD, EUR, GBP, AED, and NGN for bank wire transfer. The processing time usually depends on the processing time of the sending bank and the intermediary bank (if necessary), but it may take about 2-3 business days for the funds to arrive.
Withdrawal can also be made using the same methods. The firm says that the withdrawal takes place within 1-2 hours. However, during peak times this period can be up to 24 hours, he says. This also depends on the withdrawal method you use.
Hantec Global is a part of Hantec Group who has many years of experience in the financial services sector. It is a duly regulated and reliable forex broker.
Trading conditions are good. It offers MT4 trading platform. Maximum leverage is high 1:500. Hantec Global‘s minimum deposit requirement is low. It is just 50$. The broker offers a professional service to traders. They have many years of experience in Forex.