Hantec Markets Review

Finding a broker is no easy task. Making a quick decision can often lead to unprofitable trades, a less than satisfactory experience, and many regrets. Therefore, taking time to explore different options is key. 

However, there are many brokers on the market and there is no one perfect choice for every trader. It’s important to assess personal trading goals and preferences carefully, and identify a broker that aligns with them. Here at Top Brokers, we’re committed to helping all traders find the perfect broker for their needs. To that aim, I have reviewed many different options, and today I will review Hantec Markets. 

This is a broker with a long history and strong regulation, yet it’s one of the lesser-known names. In my review, I will identify its pros and cons, features, and explore why it isn’t a more well-known choice for traders. 

Table of Contents

• TL;DR: Key Takeaways
• Criteria Breakdown
• Hantec Markets: What It’s Best Known For
• Features
• Pros
• Cons
• Criteria Evaluation
• Community Reviews and Expert Recommendations
• Price
• Where to Find Hantec Markets
• Alternatives to Hantec Markets
• FAQ
• Final Thoughts

TL;DR: Key Takeaways

• Hantec Markets is a multi-regulated forex broker established in 1990.
• Offers MT4 and MT5 platforms with a wide range of tradable assets.
• Known for competitive spreads and fast execution speeds.
• Provides various account types with a low minimum deposit of $100.
• Mixed user reviews, with some praising reliability and others reporting customer service issues.
• Solid choice for traders seeking a regulated broker with a long track record.

Criteria Breakdown

To conduct my Hantec Markets review, I put together a set of criteria to gain the necessary information. This included regulation, platforms, instruments, fees and spreads, customer support, educational resources, accounts, deposits and withdrawals, execution speeds, and user reviews. I rated each of these areas out of five to give a full overview of this broker. You can see my ratings below. 

Hantec Markets: What It’s Best Known For

A Multi-Regulated Broker with a Long History

Hantec Markets was established in 1990, and this longevity certainly hints at its reliability. Overall, this is one of the oldest brokers in the forex market, with many being established in the late ‘90s or 2000s. Moreover, the FCA regulates Hantec Markets in the UK, which is a top-tier regulator. ASIC in Australia, FAS in Japan, VFSC in Vanuatu, also regulates them amongst others. 

This strong regulatory oversight means that an additional layer of protection is available for traders, and I certainly prefer this peace of mind. From a trading point of view, this broker offers the popular MetaTrader 4 & 5 platforms, and the Hantec Markets trading app. Additionally, the Hantec Social app is ideal for copy trading. However, it’s important to note that MetaTrader 5 isn’t available in all regions. 

Overall, Hantec Markets is a strong and reliable broker offering a basic and robust trading environment. It certainly isn’t as “fancy” as some other brokers on the market, but traders looking for a traditional, simple broker will find this broker suitable. However, Hantec Markets is unavailable to US clients. 

Hantec Markets is a long-established broker, founded in 1990. Source: Hantec Markets

Features

During my Hantec Markets review, I found this broker has many useful tools that can be used by all traders, whether beginners or advanced. There are many tradable assets available, including forex, indices, CFDs, stocks, commodities, and cryptocurrencies. With the MetaTrader 4 & 5 platforms, traders can utilize tools for analysis and charting, but the Hantec Markets app is ideal for on-the-go trading too. I particularly enjoyed the Hantec Social app, ideal for beginners who want to learn by copy trading. 

The strong regulatory oversight is key in boosting the profile of this broker. Additionally, they have negative balance protection and segregated client accounts for extra peace of mind.

Pros

To fully review Hantec Markets, it’s important to assess both the pros and cons. Let’s start with the advantages of choosing this long-standing broker. 

Strong Regulation

Aside from its longevity in the market, Hantec Markets stands out for its strong regulatory oversight. As mentioned, some top-tier entities, including FCA in the UK, ASIC in Australia, FAS in Japan, VFSC in Vanuatu, along with several others regulate this broker. 

Strong oversight gives extra peace of mind because brokers must adhere to strict guidelines. This includes segregated accounts, ensuring that client funds are kept separate from operational ones. This broker offers negative balance protection, meaning in the event of market volatility, only the account balance can be lost, and nothing more.

However, US clients are unable to use Hantec Markets due to regulatory restrictions.  

Fast Execution Speeds

Another major advantage of using Hantec Markets is its extremely fast execution speeds. This is a vital element in trading as it ensures that potentially profitable traders aren’t missed due to lagging or slippage. 

I also found this broker’s platforms very easy to use, speeding up the overall trading experience. 

Low Minimum Deposit

Compared to some other similar brokers, Hantec has low minimum deposits on its Standard account, at just $100. It also offers raw spreads from just 0.1 pips and doesn’t charge commission. 

This low fee structure is advantageous for all traders but especially for high-volume traders who want to keep costs low and profits high. Beginners will also find value in this, as it reduces risk from high deposits and potential losses. 

Hantec Markets offers favorable forex trading conditions. Source: Hantec Markets

Multiple Base Currencies Supported

Forex traders will find great value in using Hantec Markets because it supports several base currencies. These include EUR, USD, JPY, GBP, CAD, and CHF to name just a few. Trading follows a 24/5 availability pattern, with leverage capped according to jurisdiction.

Cons

There is no perfect broker on the market. Let’s now look at Hantec Markets’ potential downsides, to make a well-rounded, informed decision. 

Lack of Proprietary Platform

While Hantec Markets offers both MetaTrader 4 & 5, this is subject to availability. In some areas, including the UK, MetaTrader 5 is unavailable. However, the biggest downside of using this broker is its lack of proprietary platform. While it does have a proprietary app and copy trading version, it doesn’t have a web platform of its own. Apps are ideal for on-the-go trading and certainly cut down on the chances of missing a potentially profitable opportunity. However, some traders prefer to use web versions or proprietary platform software as these have more trading tools and analytics available. 

Limited Educational Resources

This broker does have a range of educational resources available, and they are categorized according to trading ability, e.g. novice, intermediate, and experienced. Their Learning Hub is a great place to start, but compared to many other brokers, the range of resources is limited. 

There is also a glossary of terms available, along with occasional webinars, and trading guides. These do add value, but to take this broker to the next level, these could be expanded and improved. Additionally, accessing these resources can be time-consuming as they are located on the Hantec website itself, and not through trading platforms. 

Some Reported Withdrawal Issues

There are no fees for withdrawals, however some users have reported having to wait longer than expected. 

Withdrawals are available via credit card, debit card, bank wire, cryptocurrencies, and e-wallets. Processing times vary from just a few minutes to a few days, depending on the chosen method. While longer waits aren’t a regular occurance, when they do happen, it’s inconvenient and affects the overall trading experience. 

The Hantec Markets Trading App enables on-the-go trading. Source: Hantec Markets

Criteria Evaluation

• Regulation and Security: 4/5

• Trading Platforms: 3/5

• Financial Instruments: 4/5

• Fees and Spreads: 3/5

• Customer Support: 3/5

Community Reviews and Expert Recommendations

Hantec Markets receives mixed reviews from the trading community, however most appreciate its long-standing status in the market. Its strong regulatory oversight is also regularly mentioned and gives peace of mind to traders. Users also highlight this broker’s reliability and their fast execution speeds. Low trading costs are another area that users regularly praise, along with customer support. However, some traders mention delays in withdrawals leading to frustration. 

“I opened my account with Hantec Markets today and initiated a few trades. I have never experienced service like this before. Nishant, who guided me through the process, was fantastic. He called and walked me through each step, making me feel as though I've known him for a long time. Hantec Markets will now be my main trading platform, thanks to their much lower spreads compared to my previous broker. I want to express my gratitude and appreciation for the excellent service. Thank you!” - Ahmed via Trustpilot

“I've been trading with Hantec for the last five years. It's a trusted and regulated broker across the globe, and provides good platforms to trade in various segments. Fantastic service! Compared with other brokers here, deposits are always secure and a safe withdrawal procedure. I'd like to thanks Hantec markets for great service over last 5 years” - Smith John via Trustpilot 

“Customer service is nice when you chat with them. However, support through email could improve. Sometimes there is no reply until you remind them or the reply is very late. I like their daily confirmation emails.” - Jerry via Trustpilot 

Industry experts recommend Hantec Markets for beginner and advanced traders alike. They highlight the many years this broker has been on the market, along with its regulatory oversight. However, they highlight that some other brokers have strong educational resources for learning and development.

Price

Hantec Markets offers competitive pricing with spreads starting from 0.1 pips on major pairs, with no commissions. However, spreads can vary depending on market conditions, so always check the current rate before making a decision. 

Hantec Markets offer live and demo trading accounts. Source: Hantec Markets

Alternatives to Hantec Markets

Hantec Markets is a strong broker but there are several others that deserve a notable mention.

Pepperstone

Pepperstone is a popular broker with strong regulatory oversight. It offers competitive spreads and over 1200 tradable instruments. This broker has a strong focus on trader education, with many resources available. Read our Pepperstone review for more information. 

IC Markets

IC Markets is a strong broker with low trading costs, user-friendly platforms, excellent customer support, and algorithmic trading capabilities. Our IC Markets review provides details. 

FP Markets

FP Markets is a reputable trader with good regulation and a range of features for beginner and advanced traders. It has a range of forex pairs and CFDs available, however some users feel the list of tradable assets could be expanded. More in our FP Markets review. 

RoboForex

My last notable mention is Roboforex. This broker is a popular choice that has a range of tradable instruments and platforms available, along with a focus on education. However, it has an offshore regulator, which may concern some traders. Read our Roboforex review for more. 

FAQ

Is Hantec Markets a reliable broker?

Hantec Markets was established in 1990, so it has over 30 years in the industry so far. It is also known to be a reliable broker with a great track record. Strong regulation adds to the peace of mind this broker gives, through FCA, ASIC, and VFSC to name just a few. This ensures that Hantec Markets must adhere to strict guidelines, including segregated client funds and transparency. 

However, some users do express some occasional concerns about withdrawal times, which is something to consider before making a decision. 

What trading platforms does Hantec Markets offer?

Hantec Markets offers MetaTrader 4 and 5, however MT5 isn’t available in all regions. Both these platforms have a range of tools to make trading easy and enjoyable. MetaTrader 4 in particular is a long-standing industry favorite, and it offers simplicity and effectiveness. Read our MetaTrader 4 review for more information. 

However, it’s important to note that Hantec Markets does not have its own platform. It has its own apps for on-the-go trading but a specific platform is yet to be introduced. 

What are the minimum deposit requirements for Hantec Markets?

Hantec Markets keeps its trading fees low, and the minimum deposit is $100. This is comparable with many other brokers, however there are some that require higher amounts. A reasonable minimum deposit amount means traders can explore opportunities without risking too much capital at the start. 

However, there are some no deposit bonus forex brokers on the market that may also be worth exploring. 

How does Hantec Markets compare to other forex brokers?

There is no right or wrong choice when it comes to brokers. Every single trader has their own specific needs and preferences, so it’s vital to take the time to compare forex brokers carefully. Overall, Hantec Markets is a strong broker with excellent regulatory oversight and good reliability. It has excellent execution speeds and plenty of tradable instruments available. This broker offers competitive pricing and good customer support. However, it does lack its own proprietary platform, which may reduce the number of tools available for some traders. 

As for educational resources, while this broker does have a range on offer, they lack in quality compared to some other brokers. Beginner traders in particular may benefit from exploring other options in terms of training and development. 

Overall, Hantec Markets is a reliable broker that offers just enough. It doesn’t have the extra features and sophisticated tools of some more recently established brokers. However, it has a simple and easy-to-use approach that is ideal for all trading ability levels.  

What types of accounts does Hantec Markets offer?

Hantec Markets has several account types available, including a Standard Account that covers many bases. They also offer a demo account for risk-free trading, ideal for beginners. Additionally, there is an Islamic account available.

Final Thoughts

Hantec Markets has been around since 1990, and for several reasons. They are a strong, reliable, and well-regulated broker that offers a range of services for all trading ability levels. While this broker may not offer a range of advanced features, they do have enough to provide an enjoyable trading experience for many users. In particular, the copy trading element is also a standout feature that allows many traders to grow and develop. 

With fast execution speeds, low minimum deposits, and competitive spreads, this broker has low fees and offers a smooth experience. However, it does lack in terms of educational resource quality, which could be an issue for beginner traders in particular. 

When choosing a broker it’s important to consider your personal goals, preferences, and risk tolerance level. Only then can you decide the best broker for your own needs. 

Here at TopBrokers we have a range of resources to help you make a decision you can feel confident in. These include articles like the best forex brokers for US traders and PayPal forex brokers. We also have many articles and learning tools to help develop your skills, such as forex trading for beginners and beyond. 

Ultimately, the more information and knowledge you have, the better your trading experience will be, leading to an increased chance of gains.