Verdict

/ 5

Hantec Markets review

By Topbrokers Team

Updated on Dec 20, 2024

14 mins read

0 customer reviews

Overview

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...

See full overview for Hantec Markets

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.

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.

Criteria	Rating	Comments
Regulation and Security	4/5	Regulated by FCA, ASIC, and VFSC; good protection.
Trading Platforms	3/5	Offers MT4 and MT5, lacks proprietary platform.
Financial Instruments	4/5	Good range including Forex, CFDs, indices, stocks, cryptocurrencies.
Fees and Spreads	3/5	Competitive spreads, but not the lowest in the industry.
Customer Support	3/5	24/5 support, some issues with responsiveness reported.
Educational Resources	3/5	Basic materials available, could be more comprehensive.
Account Types	4/5	Various options to suit different traders.
Deposit and Withdrawal	4/5	Multiple payment options, generally fast processing.
Execution Speed	4/5	Known for swift execution speeds.
User Reviews	3/5	Mixed feedback from users.

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 website showing its forex trading conditions. — 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.

Hantec Markets website showing its proprietary trading app. — 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 website showing its account features. — 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.

Countries

+221

Minimum deposit

$10

Withdrawal fee

Deposit fee

Max insured

£85,000

Our Verdict

2.9

/ 5

See our process of evaluating brokers

Commissions & Fees

2.5

/ 5

Deposit & Withdrawal

1.8

/ 5

Customer Support

/ 5

Account Opening

3.8

/ 5

Regulation & Safety

3.6

/ 5

Our 5-step process of verification and evaluation – How do we obtain information?

General inspection – 30%

Trading experience – 30%

Technical audit – 20%

Collective experience from collaborations with the broker – 10%

Interviews with real traders – 10%

See the entire process here.

Pros

Strong Regulation
Fast Execution Speeds
Low Minimum Deposit
Multiple Base Currencies Supported

Cons

Lack of Proprietary Platform
Limited Educational Resources
Some Reported Withdrawal Issues

General details

Type of accounts

Demo accounts (with a time limit)

Standard Accounts

ECN accounts

STP accounts

Segregated accounts

Swap free accounts

Cent accounts

Trading platforms

METATRADER 4

METATRADER 5

Meta Trader 4 Mobile

Execution Model

NDD

Deposit currency

USD

EUR

JPY

GBP

AUD

CHF

CAD

AED

Regulatory complience

FCA

FSC

Deposit payment systems

Withdrawal payment systems

Support Languges

English

Spanish

Portuguese

Thai

Vietnamese

Chinese

Autotrading

MQL.5 Signals Hantec Social

Contact details

[email protected]

+44 (0) 20 7036 0850

Customer reviews

Read real reviews from traders all over the world:

No reviews yet.

Accounts

Hantec Markets offers different types of trading accounts to suit traders trading needs. Each account has its own benefits, depending on the trader’s trading type. CFD and Forex account denominations are provided in seven difference currencies: AED, CAD, USD, GBP, EUR, AUD, and CHF

The accounts are:

Standard Account

First, Hantect FX offers a Standard Account that requires a leverage of 1:200 and a minimum deposit of $1,000. The account can be opened as a personal account, a joint account (for two or more people), or a corporate account (for institutions). The spread of this account vary between 1.5 to 3 pips and it doesn’t provide any special benefit when compared to other Forex brokers.

Demo Account

A Demo Account is also provided upon request but it is only active for 30 days – a rather short duration in the business of Forex exchange. In fact, traders cannot get enough time to practice trading and gain the confidence required to move to a live account.

Islamic Account

This account is exclusively for traders who follow the Sharia law and can/t trade in swap/interest incurring accounts.

Tradable instruments

Hantec Markets offers a wide range of tradable instruments including:

Commodities

Currencies

132

Cryptocurrencies

N/A

Indices

ETF

N/A

Stocks

1800

Frequently asked questions

Find the right answer to your question below:

Is Hantec Markets a reliable broker?

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?

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?

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?

What types of accounts does Hantec Markets offer?

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Hantec Markets compared with alternative brokers

To see the full broker review click “See review”, to see the complete table and compare more brokers visit our Comparison page.

Overall verdict
Trading
Minimum deposit
Maximum leverage
Fees
Withdrawal fee
Deposit fee
Safety
Top-tier regulators
Investor protection

Hantec Markets

0 customer reviews

Swap Free Accounts
Wide range of trading instruments
Affiliate Program

2.9

/ 5
1.8

/ 5
$10
1:500
2.5

/ 5
$0
$0
3.6

/ 5
FCA
Yes
See review

RoboForex

102 customer reviews

Free VPS hosting
24/7 instant money withdrawal
Specialized trading accounts

4.9

/ 5
5

/ 5
$10
1:2000
4.8

/ 5
1%
$0
4.9

/ 5
No
Yes
See review

Exness

52 customer reviews

Specialized trading accounts
24/7 instant money withdrawal
Free VPS hosting

4.9

/ 5
4.9

/ 5
$10
1:2000
4.8

/ 5
$0
$0
4.6

/ 5
FCA, CYSEC
No
See review

FxPro

206 customer reviews

24/7 instant money withdrawal
Specialized trading accounts
Free VPS hosting
High leverage

4.8

/ 5
4.9

/ 5
$100
1:10000
4.7

/ 5
$0
$0
4.8

/ 5
FCA
Yes
See review

IC Markets

18 customer reviews

Specialized trading accounts
Tight Spreads
Low commissions

4.3

/ 5
4.5

/ 5
$200
1:500
4.3

/ 5
$0
$0
4

/ 5
ASIC, CySEC
Yes
See review

Choose brokers to compare Hantec Markets to

Hantec Markets review

Overview

Table of Contents

TL;DR: Key Takeaways

Criteria Breakdown

Hantec Markets: What It’s Best Known For

A Multi-Regulated Broker with a Long History

Features

Pros

Strong Regulation

Fast Execution Speeds

Low Minimum Deposit

Multiple Base Currencies Supported

Cons

Lack of Proprietary Platform

Limited Educational Resources

Some Reported Withdrawal Issues

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

Price

Alternatives to Hantec Markets

Pepperstone

IC Markets

FP Markets

RoboForex

FAQ

Is Hantec Markets a reliable broker?

What trading platforms does Hantec Markets offer?

What are the minimum deposit requirements for Hantec Markets?

How does Hantec Markets compare to other forex brokers?

What types of accounts does Hantec Markets offer?

Final Thoughts

Pros

Strong Regulation

Fast Execution Speeds

Low Minimum Deposit

Multiple Base Currencies Supported

Cons

Lack of Proprietary Platform

Limited Educational Resources

Some Reported Withdrawal Issues

General details

Customer reviews

Accounts

Standard Account

Demo Account

Islamic Account

Tradable instruments

Frequently asked questions

Hantec Markets compared with alternative brokers