This broker has also been regulated by FCA 502635, FSC (Mauritius) C114013940 and Jordan Securities Commission 51905.
Extensive Review
Founded in 1990, the Hantec Group provides customized and professional wealth management services for worldwide clients. It is the parent company of Hantec Markets that is specifically designed to offer Forex and CFD trading with great transparency. The company claims that about 70% of its new customers come from referrals from happy clients.
Outstanding customer service, choice of ultra-reliable trading platforms, competitive spreads, and instant execution are among the strengths of Hantec Markets.
It currently hosts two official websites for different client bases: hantecfx.com for UK-based clients and hantecmarkets.com for Australian-based customers. Both are authorized by each country's financial regulations, the Financial Conduct Authority (FCA) with registration No. 502635, and the Australian Financial Services Licence (ASIC) with AFSL number 326907.
Hantec Markets presents Individual (retail) and Corporate Accounts. For individual traders, retail trading conditions are optimized by market execution, floating spread from 1.8 pips, and leverage up to 1:30. There are no other commissions when trading in Hantec Markets, and clients can start with a minimum funding of $1,000. Traders with interests in exploring forex as well as other assets can register in the CFD account that provides higher leverage.
The trading platform is mostly limited to MetaTrader 4, even though the company gives the Mobile and Mac variants of the platform. Better experience of trading is offered through CFD Account, as clients are not only allowed to trade in MetaTrader 4 but also gain the flexibility of trading with Currenex technology. However, Hantec Markets require much higher minimum funding for Currenex trading conditions.
Another interesting aspect to point out from this broker is the client portal, in which customers can manage accounts and payments with ease. The portal houses various functions to help customers get the account overview, manage multiple accounts, view trades (ongoing and closed) with ease, receive market insights from Richard Perry's Daily Market Report, deposits and withdrawals, as well as easy access from mobile platforms.
In spite of its commitment to reach clients globally, Hantec Markets only supports up to 5 languages on its official site. Nonetheless, the broker's initiatives to provide accomplished educational and analytical features are quite commendable. For educational content, Hantec Markets offers video tutorials in forex basics and MT4 how-tos, as well as webinars that demonstrate how a professional trader approaches, analyses, and profits from critical market developments.
Meanwhile, analytical contents in Hantec Markets include daily reports, weekly and special reviews, and visual reports by its head of Market Analyst, Richard Perry, via TV Appearances in CNBC, Bloomberg TV, and so on.
From the information above, it can be inferred that Hantec Markets is one of the most experienced forex and CFD brokers in the financial industry. It is authorized by at least two credible regulators, and fully supports clients to trade forex pairs with a deposit as low as $1,000.
On the other side, Hantec Markets is quite behind in offering the most competitive spreads and updated technology in trading, as it still mostly depends on MetaTrader 4 and has not yet improved its offering with other alternatives such as MetaTrader 5, cTrader, or its proprietary platform.
This makes Hantec Markets an ideal broker for traders who look for a safe environment and standard conditions. Traders who prioritize low spreads and advanced technology may find the specifications quite stifling.