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Best More Detailed Review Of Hantec Markets Forex Broker 2023

Best More Detailed Review Of Hantec Markets Forex Broker 2023

Hantec Markets: What is it?

The Hantec Group, a multinational provider of specialist financial services, has its headquarters in Hong Kong since 1990 and has built businesses and subsidiaries in China, Japan, Australia, New Zealand, and Europe. However, operations are now mostly conducted through the UK firm and are specialised in accordance with British legislation (Also read about UK headquartered Exness broker).

 

Additionally, as the company grew and expanded throughout its years of operation, the broker gained licences from the local regulatory bodies and improved its online trading capabilities with the aim of enhancing business performance.

 

In 2008, an established financial services company with 30 years of experience in assisting traders founded Hantec Markets Limited. The EU-regulated broker, with its main office in London, UK, has since opened tens of thousands of real accounts for customers all over the world, from Europe to the Middle East.

Best More Detailed Review Of Hantec Markets Forex Broker 2023


With the exception of the US, Iran, and North Korea, the organisation offers trading services out of 11 international locations that the CEO has opened.

  

As a result, there are some variations on specific conditions between proposals to traders of a particular residence due to Hantec's global presence and differences between the jurisdictions and regulations they abide by. Carefully check under which regulation you will fall and which conditions you can count on.

  

A well-rounded, user-friendly trading experience is offered via the well-known, industry-standard MT4 platform. With more than 30 technical analysis tools, 2,000 indicators, and 9 timelines, MT4 boasts sophisticated features while yet maintaining a user-friendly interface that is perfect for novice traders. In addition, it has ZuluTrade and the FIX API for automated trading. Additionally, the latter offers social and copy trading opportunities.

  

Hantec Markets Pros and Cons

Pros

  1. Long history of operation.
  2. Customized advice for both amateurs and experts.
  3. Powerful trading software.
  4. Just $0 to $100 is a very low entrance criterion for trading stocks and commodities.
  5. The Financial Services Compensation Scheme insures trader deposits up to £85,000.
  6. Barclays and Lloyds are the partner banks for segregated accounts.

Cons

  • For trading currency pairings, the high minimum deposit is $1,000.
  • Limited market range.
  • No 24/7 customer service.

 

Hantec Markets Account types

With base currencies of USD, EUR, and GBP, there are two different account types available. The first is a Standard option that includes all charges in a floating spread, while the second is a smaller spread plus the commission per trading lot.

 

Customized solutions with distinctive prospects and greater advantages on larger-size trading are offered by premium or VIP accounts. The Hantec Portal gives traders complete access to their trading accounts and includes tools for managing and tracking performance all in one location. The platform also offers management and partner-related solutions.

 

All account types also provide Islamic Trading Accounts or Swap Free Account terms, giving Middle Eastern investors or those who adhere to Sharia law the chance to participate in online trading.

 

Standard Account and Cent Live Account are the two variants:


7 asset classes for Standard Account Copy Trading Demo Account

Spreads from 0.2 Leverage up to 1:500 Deposit of at least $100

Utilization of the Trading Central Cent Live Account

 

5 asset kinds in the Cent Live Account

Spreads have a 1.2 minimum deposit of $10.

Up to 1:1000 in leverage

Obtaining Trading Central

Customers from Europe that the ESMA considers to be professionals may open professional accounts. Despite having less regulatory protection, these accounts have access to higher leverage rates than their retail counterparts.

 

Under the term Swap Free Accounts, Hantec Markets provides accounts that are conducive to Islam. By getting in touch with the customer support staff, they can be opened.

 

All traders, including experts, get up to $10,000 in negative balance protection.

 

Benefits

  • FIX API
  • Highly regulated
  • Low minimum deposit
  • Educational resources
    Fast digital account opening
  • Spread and commission fee conditions in a separate account

 

Hantec Markets Fees

Hantec created an attractive price structure for its product that can be tailored to meet the needs of traders at every level, either through the use of a spread or a commission fee per lot.

 

Based on our testing and evaluation of more than 500 different brokers, Hantec Fees received a low overall rating of 8.9 out of 10. See our findings on fees and prices in the table below. Fees may vary based on the jurisdiction.

  

Options for withdrawal and costs

There are no restrictions on the volume of withdrawal requests at Hantec Markets.

 

Wire transfers, Visa, Skrill, and Neteller are all acceptable methods of withdrawal.

 

On the broker's website, there is no information on the speed of accruals, money withdrawals, or associated commissions.

 

Deposit and Withdrawal Methods

Although Hantec Markets' deposits and withdrawals are quick, secure, and fully automatic, different countries use different payment methods.

 

We gave Hantec Funding Methods an overall score of 8 out of 10 and rated them as Excellent. The fees are either nonexistent or extremely minimal, and the minimum deposit is around normal for the sector.

 

Deposit procedures

The most popular payment methods are supported and comprised.


BPay for Australia, cards, e-wallets, bank transfers, and more.

What is Hantec Markets' required minimum deposit?

The minimal investment required by Hantec Markets for a regular account is $100 for traders who want access to all of Hantec's features.

 

Withdrawals

Hantec Markets does not charge a commission for the transfer of cash, but different funding sources might. For more information, you should better contact the support centre for your Hantec business.

 

Similar to deposits, withdrawals can be requested using your online account area. From there, you can follow the procedure, which is often swift but also subject to local rules.

 

Source:

  • https://55brokers.com/
  • https://www.daytrading.com/
  • https://tradersunion.com/

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