Choosing the right broker to invest in is not a simple task. There are several factors that you should consider when choosing a company to work with. You have to make sure they are regulated, simple and most importantly reliable.
With 30 years of experience, Hantec Markets certainly knows its way around the trading scene. You can rest assured that they possess all the important elements mentioned above and more. Here is all the information you need to decide if Hantec Markets is the right broker for you.
Contents
What is Hantec Markets – Broker Introduction
This company has been in business since 1990, making it one of the oldest in the financial markets. It was founded by a group of people in Hong Kong who have a passion for helping others succeed in their entrepreneurial journey. Throughout the years, the Hantec Group is known for its many types of businesses. These include real estate, finance, consulting, IT, and even Culture and the Arts. By 2000, Hantec Group became part of the Main Board of Directors of the Hong Kong Stock Exchange and built physical offices in the Philippines, France and Japan.
In 2008, the name “Hantec Market” was established in Australia. Two years later, Hantec Markets established its flagship office in London, UK. This started their goal of growing and reaching a wider audience. To this day, Hantec Markets plans to expand its global presence to provide the best service to anyone in need.
Are Hantec Markets regulated?
Since Hantec Markets has grown into a large company with a large global presence, they have divided the company into two divisions: the East Division and the Western Division. Below is a list of the countries Hantec Markets operates in and which companies regulate them.
West Division:
UK – FCA or Financial Conduct Authority
Jordan – Joint Stock Company or Jordan Securities Commission
Mauritius – FSC or Financial Services Commission
Eastern Division:
Australia – ASIC or Australian Securities and Investments
Japan – FSA or Financial Services Agency
Hong Kong – CGSE or China Gold and Silver Exchange
Protect customer money
Since Hantec Markets is known for being customer-centric, all of their clients are covered under their Excess Loss Insurance policy. This says that if for any reason the company goes bankrupt or they experience any insolvency event, their customers are covered for up to $100,000.
Trading conditions
They charge no commission and offer competitive spreads. In addition to the regular live and demo accounts, Hantec Markets also offers free overnight accounts. For clients with multiple accounts, this broker has a Multiple Account Manager (MAM) for their clients.
Fee:
Each market available on Hantec Markets’ platform has a corresponding fee. For the CFD market, the usual transaction cost is the spread or commission. For positions that you hold overnight, you will be charged an overnight funding or swap fee. This depends on how much you invest and the size of your trade.
What markets are available on Hantec Markets?
Hantec Markets is a broker that offers high quality trading to all its clients. They offer a wide variety of assets such as currencies, indices, cryptocurrencies, bullion, stocks and commodities. As a broker specializing in forex, they aim to provide the best service for this particular market. Hantec Markets uses the most popular trading platform: MetaTrader 4.
Learn to trade with Hantec Markets
Hantec Markets welcomes new, intermediate and experienced traders to their Learning Center. Depending on how you categorize yourself (new, intermediate or experienced) you will find all the necessary information you need to start trading.
They also provide clients with access to webinars, glossaries and other downloadable content that will help you understand the markets and adapt or improve your trading strategy. If you can’t seem to find an answer to your question, their customer service representatives are available to answer all your technical queries.
Three account types are available on Hantec Markets
With Hantec Markets, you can choose to practice on their platform by signing up for their demo account, or if you want to get started right away, you can sign up for their live account. Unlike other brokers, Hantec Markets has a third account type. This is their Swap Free account.
Demo Account
Signing up for a demo account will only take five minutes. You will be asked to enter your full name, email address, country of residence and contact number. You also have the opportunity to choose your ideal leverage. The available options are from 1:50 to 1:500. After confirming your email address you will be given access to the MetaTrader 4 platform. You will receive a virtual balance of £10,000, you can use this balance to practice trading in real time. You will also have access to daily and weekly reports, as well as videos provided by their research team.
Real account (minimum deposit $1000)
Customers have two options when registering for a live account. You can choose to sign up for a personal account or a corporate account. Opening a corporate or personal account takes only three steps.
First, you will have to register by providing the necessary information on their website. Next, you’ll be asked to submit your government-issued ID and proof of address for them to approve your account. Finally, you will have to add funds to your wallet via bank transfer or online payment methods. You will be able to start your trading journey with Hantec Markets after completing all the steps mentioned above.
Free Overnight Account
Free overnight accounts are only available to Hantec Markets Muslim customers. As the name suggests, no swap fees are incurred for this account type when trading the following accounts: AUDUSD, GBPUSD, EURUSD, USDJPY, EURCAD, USDCHF, EURGBP, GBPCAD, EURCHF, NZDUSD, EURJPY, AUDNZD, GBPJPY, USDCAD, CADJPY, GBPCHF, CADCHF, XAUUSD and XAGUSD.
Deposit money into your account
Adding funds to your Hantec Markets account is efficient and secure. To add funds, simply log in to your client portal and choose the method that is ideal for you.
Skrill: With Hantec Markets, you will not be charged for depositing funds into your account using this digital wallet provider. Available currencies are USD, EUR, GBP and NGN. For your first deposit, you must add no less than 100 USD, EUR or GBP. It is important to note that your account name on Skrill must be the same as the name on your Hantec Markets account.
Neteller: Just like with Skrill, depositing with Neteller requires no less than 100 USD, EUR or GBP for your first deposit. The only difference is that they accept more currencies than Skrill. These are EUR, USD, CHF, GBP, NGN and AUD.
China UnionPay: Hantec Markets accepts all China UnionPay credit cards offered by China.
Debit or credit cards: All Maestro, Visa and UK Debit cards are accepted at Hantec Markets. Currency options are EUR, USD, GBP and NGN. You will have to deposit at $25 or equivalent if you are using another currency. Remember that Hantec Markets only recognizes rounded amounts without decimals.
Neteller: Just like with Skrill, depositing with Neteller requires no less than 100 USD, EUR or GBP for your first deposit. The only difference is that they accept more currencies than Skrill. These are EUR, USD, CHF, GBP, NGN and AUD.
China UnionPay: Hantec Markets accepts all China UnionPay credit cards offered by China.
Debit or credit cards: All Maestro, Visa and UK Debit cards are accepted at Hantec Markets. Currency options are EUR, USD, GBP and NGN. You will have to deposit at $25 or equivalent if you are using another currency. Remember that Hantec Markets only recognizes rounded amounts without decimals.