Written by: Adam Nasli
Recommended for: forex trading 4.1/5
Trusted broker: Top-tier regulation in the UK, Negative balance protection (terms apply)
Updated: DEC,2022
Popularity: 4 millions people chose this broker overall.
BrokerChooser Score: 4.6/5
Hantec Markets review summary
Hantec Group is a global Broker and provider of specialized financial services that operate through the Hantec Markets brand name with its established enterprises and subsidiaries in China, Japan, Australia, New Zealand, and Europe, while headquarters in Hong Kong since 1990. Yet, recently operations are mainly held via the UK entity and specialized according to its regulations (Also read about UK headquartered Exness broker).
Furthermore, through the company growth and expansion during the years of operation, the broker respectively received licenses from the local regulatory authorities and enhanced their online trading offerings with the purpose to optimize business performance.
Therefore, due to Hantec’s worldwide presence and differences between the jurisdictions and regulations they comply with, there are some variations on specific conditions between proposals to the traders of a particular residence, thus carefully check under which regulation you will fall and which conditions you can count for.
Is Hantec Markets a legit broker?
See how Hantec Markets is regulated and whether you should have any concerns using it.
Hantec Markets pros and cons
Pro
Cons
- Recognized and regarded broker worldwide
- Long history of operation
- Heavily regulated by UK’s FCA
- No 24/7 customer service
- Conditions vary according to the entity
- Limited market range
Hantec Markets main highlights
Country of regulation | London, UK, and Hong Kong |
Trading fees class | Low |
Inactivity fee charged | Yes |
Withdrawal fee amount | $0 |
Minimum deposit | $100 |
Time to open an account | 1 day |
Deposit with bank card | Available |
Depositing with electronic wallet | Available |
Number of base currencies supported | Several currencies available |
Demo account provided | Yes |
Products offered | Forex and CFDs, 50 currency pairs, index, commodity CFDs, bullion and spread betting available for UK resident |
Fees
Overall, commissions and spreads charged by Hantec Markets are at the lower end of the industry average.
Account opening
Hantec Markets has one of the best account opening processes we encountered: it’s simple, quick, well-designed and intuitive. We were impressed with the ease of the process.
Deposit and withdrawal
You can withdraw money from your Hantec Markets brokerage account via bank transfer, credit/debit card, and electronic wallets such as Apple Pay or PayPal.
Trading platform
At Hantec Markets users can trade on 3 interfaces.
Glossary
Not sure what some of the terminology means? Here are the most important and relevant terms used in our review
Legitimacy
Hantec Markets is a thoroughly regulated broker, overseen by a number of highly reputable authorities around the world. Many of its clients are entitled to investor protection, depending on their country of residence.
Research
Hantec Markets has great charting tools and market analyses on its website. The broker also provides a great news feed, which is available under the Discover menu icon.
Customer service
Hantec Markets customer support is exemplary, one of the best in the sector. We received fast and comprehensive answers.