A global broker that has been in the market for many many years. Good reputation and customer base from all over the world. Hantec Markets review is all about the details that made the broker one of the best in the market today. Its trading name is Hantec Global LTD. It is 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? are all questions we’re gonna cover within this article.
Make sure to hold on opening an account before reading all the details and information listed in this Hantec fx review.
I reviewed Hantec Global based on the following criteria.
- Well regulated
- Low spreads
- MT4 support
- Not enough funding options
Who is Hantec Global?
Who is Hantec Global?
Part of the Hantec Group that was established on 1990, Hantec Markets is 30+ years of experienced forex and CFDs trader that has been carrying on their services for customers from all over the world, with branches in the UK, UAE, Hong Kong, Thailand, Japan, Australia, NewZealand, Nigeria, Ghana, and Mauritius.
By 2008, Hantec Markets was established in Sydney, Australia. Then in 2010 a flagship office in London, United Kingdom was opened. The launch of the London office signaled the beginning of a period of rapid growth, expanding the group’s operations across seven regulated entities and eighteen offices helped position Hantec Markets as one of the world’s most entrusted brokers.
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.
With awards in Africa and Asia, Hantec Markets was the rewarded the global forex awards in 2021as well.
License and Regulation of Hantec Global
Since the Forex market is global, it is very prone to fraud, scams or crisis. Some governments and independent organizations audit the forex market according to certain criteria.
And based on these criteria, the broker houses must be able to carry them out and always keep up with the update of rules and conditions in order to prove reliability and their ability to carry out a trusted business within the market. The financial markets would have more intense rules as it includes huge sums of customers fund who invest in multiple trading instruments from all over the world.
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.
And so, forex and CFDs brokers make sure they’re always trustworthy not only for the regulators but more importantly for their clients. And here, with 30+ experienced years in the market, there’s no question about the licenses obtained by Hantec Group in order to prove they’re the best who provides services in the forex industry.
- Hantec Markets’ is regulated by FCA (Financial Conduct Authority) in the UK with registration no: FRN 502635).
- Hantec Markets Limited Jordan is authorized and regulated by JSC ( the Jordan Securities Commission) as an Intermediary Financial Broker (License no: 51905).
- Hantec broker is managed by FSC (The Financial Services Commission of Mauritius) as an Investment Dealer by (License no: C114013940).
- Hantecglobal regulation in Australia is by the Australian Securities and Investments Commission (ASIC)
- And is regulated in Japan by the Japanese Financial Services Agency (FSA)
- In Hong Kong, Hantec Markets is licensed by the Chinese Gold and Silver Exchange (CGSE)
Hantec focuses on providing clients with security and confidence, while delivering a competitive product offering.
Minimum Deposit, Account Types and Spreads
Hantec Global Minimum Deposit, Account Types and Spreads
Opening an account is free in the Hantec Markets and they’re proud to provide an easy method to trade with the broker. all you need to do is to register your information, wait for approval on your chosen account, fund your account with the Hantec minimum deposit and then start trading with all available instruments the broker is offering.
There’re 2 account types provided by Hantec Global which are:
The Cent account: where you can have Hantec markets spread of 1.2 pips and the maximum leverage offered is 1:1000 and Hantec minimum deposit of $10. There’s no Hantec demo account in the cent accounts.
The standard account: where the Hantec global spread is as low as 0.1 pips and maximum leverage of 1:500. The Hantec demo account is present within the standard account while the Hantec minimum deposit is $100.
Central Trading is available in both accounts. And you can long into both account types on MT4 and MT5 trading platforms.
The main difference between a Cent account and a Standard trading account is the lot size for a Cent account is one hundredth of the lot size for a Standard account. Or, put another way, a Cent account uses 100 times the monetary unit of the base currency, when compared to the Standard trading account.
While the Cent account lacks the options of demo account, social trading (Hantec Connect), Equity CFDs or Commodity trading with a Hantec Markets Cent Account.
Swap-Free Account Features
You can 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.
- No interest/swap charges on overnight positions
- No spread widening
- No extra commissions
- Positions can be held with no time limit
- Leverage up to 1:500
- 100% real-time market execution
- 24/5 dedicated support from your Client Account Manager
Demo Accounts and Educational Material
Are you new in the Forex world? don’t worry because Hantec Markets got you covered. The broker delivers the demo accounts on their websites within the standard account types which represents a simulated market environment where you can recreate the experience of real trading without exposure to actual losses as it represents virtual trading to learn the techniques step by step without risking your own money.
Once you open a demo trading account with Hantec Markets, you can download MT4 or MT5 and start trading within minutes with a virtual balance of £10,000 to practice with.
For those interested in more information about the forex and CFDs trading in case you were a professional or intermediate trader, interested in macroeconomics or whether you were a newbie trader still looking for the Meaning of Lot or What is spread in forex, you’ll find all your answers in the educational section provided by Hantec global.
How to manage your risk and to plan and make a strategic steps while trading, are all provided in the educational library built by Hantec Markets, with other resources of information like trading guides, a glossary of terms, and free webinars.
Hantec Markets’ Customer Service
The live chat available on the broker’s web page 24/7 with fast and ready-to-help customer support team. there’re also the option to get support by filling the contact us form so the service team would get in touch with you via email.
English, Portuguese, Thai and Chinese are the languages provided on the official website in which support can be given. If you want to call their local offices, you can contact the London office on address: 12-14 Wilfred St, London, Greater London SW1E 6PL, GB. Or call on +41225510215.
you can find all details for all the office branched and their contact information here.
Hantec Markets does not offer its services to residents of certain jurisdictions including USA, Iran and North Korea.
Trading Platforms on Hantec Markets
Hantec Global offers the industry-leading trading platforms MetaTrader4 and Metatrader5 AKA MT4 and MT5. With an always improving interface developed to handle all types of clients’ needs. MT4 is the absolute tool for any trader in forex whether that was a professional or a beginner.
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.
Metatrader 5 was designed as a true multi-asset platform, making it easier to trade both Forex and non-Forex CFDs. Its the upgraded version of MT4 with better tools and services. Performing comprehensive market analysis using a broad range of technical indicators, graphical objects, market depth as well as 3 chart types and 9 time fames.
All you need to do is to download the app for MT4 or MT5 on your desktop (windows or Mac) or your phone ( Android or IOS) and you can manage your trades anywhere, anytime.
Deposit and Withdrawal Options of Hantec Global
Hantec Global doesn’t apply any commissions on deposit or withdrawal methods and it accepts are wire transfer, Debit/Credit card, Skrill, and Neteller.
Hantec Markets are making sure to secure the funds of the clients by ensuring segregated accounts from the operational ones of the broker.
Since Hantec Markets regulated by the Financial Conduct Authority (FCA), It brings the additional protection of the Financial Services Compensation Scheme (FSCS), meaning that the equity in your account is protected up to £85,000.
Withdrawal can also be made using the same methods. An important note placed on the broker’s website it that Hantec Markets is unable to accept payment from third parties. In the event that we receive funds from a third party, the funds will be returned immediately.
In this Hantec markets review, we have checked the regulation, the account types and all the details from the start of your trad till the methods of withdrawing your profits.
Hantec Global is a part of Hantec Group that was established with more than 30+ years of experience in the financial markets and with a growing customer database from all over the globe.
Trading conditions are superb. and the broker offers MT4 and MT5 as trading platforms which are the leading in the market. Maximum leverage is high at 1:500 on the standard accounts and 1:1000 on the cent account which was made especially for newcomers in forex.
Hantec markets minimum deposit requirements are as low as $10 on the cent account. With swap-free and demo accounts, good deposit and withdrawal options, educational materials, and free webinars for all types of traders from beginners to experts are also present.
I’d recommend trying out the demo account and seeing how the conditions of the brokers would match your trading style if you need more suggestions you can check my top forex brokers list, contact me or leave a comment below.