Hantec Markets Broker Complete Review

Hantec Markets Broker: Review of Reviews

Our today's review is dedicated to a broker with extensive experience in the financial services industry-Hantec Markets. When we review it, we will get acquainted with the site's operation in detail hantecfx.com, a list of services offered, features of work and customer reviews.

Hantec Group, which includes Hantec Markets, was founded in 1990 as an organization that provides professional asset management services. Its main goal is to help clients create and increase their own capital.

In 2008, the firm reorganized, creating a multinational financial center that provides services in many countries around the world. He received the name of Hantec Pacific Limited. After 2 years, the broker expanded its activities by opening a representative office in London and obtaining an FCA license. A year later, it entered the markets of New Zealand and Japan, receiving FMA and JFSA licenses.

In order to strengthen its position in the financial market as a Forex broker, Hantec has, among other things, received approval from the Australian securities and investment Commission (ASIC). This made it possible to integrate new assets, such as securities and precious metals, into the trading process.

Today hantecfx.com offers 42 currency pairs, CFD contracts for 13 trading assets, and futures contracts for 25 types of assets. Trading with a broker is carried out on the following platforms:

• MetaTrader4;
• Currenex Viking;
• Currenex Classic.

The first platform is available for PCs and devices that use the iOS and Android operating systems. The last two trading apps are available exclusively in the desktop version, which, according to customer reviews, causes discomfort.

Over the years, Hantec Markets has received several prestigious awards as a Forex broker. Therefore, it is often referred to in reviews as:

• "Best FX broker in Southeast Asia";
• "Best FX broker in Western Europe".

Hantecfx.com Website Overview

The Hantec Markets website is available in several languages: English, Chinese, Japanese, Spanish, and Portuguese. There are several sections that allow you to get acquainted in detail with the terms of trade, the list of services, training materials, analytical data and expert reviews. In other words, hantecfx.com it offers access to all the information necessary for successful trading on the financial markets, which is very convenient for beginners and professionals. This was repeatedly mentioned by customers in their reviews.

When studying the main page of the broker's website, we can see a short list of the company's advantages at the top. The Central part of the Hantec Markets page contains articles with analytical reviews of events and videos discussing economic news. The lower part of the main page contains information about licenses and a warning about the high level of risk when trading using CFD contracts.

Terms of Trade

Forex trading is conducted on GMT from Sunday 22: 05 to Friday 21: 55. At the same time, trading is suspended daily from 21: 58 to 22: 03. If any changes are made to the schedule of Hantec Markets, customers will receive a corresponding notification by email.

The broker's trading conditions directly depend on the choice of platform. For example, the following conditions apply for MetaTrader4:

1. the minimum Deposit is $ 1,000;
2. the maximum leverage is 1: 200;
3. spread – floating (different for each asset);
4. the minimum transaction size is 0.01 lots;
5. stop-out – 20%;
6. there are no commissions.

For trading using the Currenex Classic platform, Hantec Markets offers the following conditions:

1. the minimum Deposit amount is $ 25,000;
2. leverage-from 1: 100 to 1: 200;
3. the size of the Commission depends on trade volume;
4. the spread is floating;
5. the minimum transaction size is 500,000 selected units;
6. stop-out – 30%.

Trading via the Currenex Viking platform is based on the following conditions:

1. Deposit-from $ 5,000;
2. leverage-up to 1: 200;
3. Commission fee-the amount depends on the trading volume;
4. the spread is floating;
5. transaction amount – from 10 000 units selected;
6. stop-out – 30%.

To learn more about the platform, learn and test your own skills on the site hantecfx.com you can create a demo account. However, this is only possible on the MT4 platform, which is often indicated in customer reviews as a significant drawback.

Overview of Deposit and withdrawal methods

For its clients, the broker offers several ways to Deposit and withdraw funds. Let's review the features of each of them:

• credit or debit card – must be specified during the registration process. The Commission amount directly depends on the card type and can range from 1.8 to 4 %;
• Skrill – Commission for depositing funds is 2.2%, and for withdrawing funds-1%;
• Neteller-the Commission for making a Deposit depends on the trader's country of residence and ranges from 0.5 to 3.2%. Withdrawals are made at no additional cost;
• China UnionPay-when adding funds to your account, the Commission is 1.8%, and when withdrawing funds-10 dollars;
• Bank transfer - allows you to Deposit and withdraw money without Commission, but the process can take from 2 to 3 days.

Affiliate program

To ensure the maximum level of interest in cooperation, the broker offers its clients an affiliate program. As customers say in reviews, it allows you to create your own user base and receive funds for each Deposit. At the same time, the amount of remuneration directly depends on the amount deposited to the account, and can range from $ 50 to $ 200. This program is available for individuals and corporate clients.

Advantages and disadvantages of Hantec Markets

Based on the description provided in the review, hantecfx.com it has the following advantages:

• the broker's activities are regulated by several authorities;
• there are three trading platforms available for traders;
• high-quality website design;
• availability of a demo account and training program;
• affiliate program;
• round-the-clock support service;
• a large number of trading tools;
• a wide range of Deposit and withdrawal methods.

The disadvantages of the service described above in the review include:

• a large Deposit size-from $ 1,000;
• significant difference between minimum deposits for each platform;
• low quality of terminal operation;
• lack of service for Russian-speaking clients;
• no support for the mobile version of Currenex.

Hantec Markets, which has been providing services in the financial market for more than 25 years, is definitely trustworthy. In the reviews and customer feedback you can often find information on the integrity and honesty hantecfx.com. However, this is only one side. The broker also has disadvantages in the form of the need to make large deposits, lack of support for Russian-speaking clients on the site. Therefore, you can cooperate with the company if you know English well and have a fairly high income."