Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

Hantec

United Kingdom|2-5 years|
White label MT4|Global Business|High potential risk|

https://hmarkets.mu/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

69
Server Name
HantecMarkets-Server4 MT4
Server Location China

Contact

+44 20 7036 0850
info-uk@hmarkets.mu
https://hmarkets.mu/
https://www.facebook.com/HantecMarketsUKEurope

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+44 20 7036 0850

Other ways of contact

Broker Information

More

Company Name

Hantec Markets Holdings Limited

Abbreviation

Hantec

Platform registered country and region

United Kingdom

Company website
Facebook
YouTube
Linkedin

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-07-14
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The United KingdomFCA regulation (license number: 502635) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Hantec · WikiFX Survey

Users who viewed Hantec also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

GO MARKETS

8.98
Score
Above 20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

STARTRADER

8.54
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

IC Markets

9.05
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

Hantec · Company Summary

Aspect Information
Company Name Hantec
Registered Country United Kingdom
Founded Year 1990
Regulation Regulated by the Financial Conduct Authority (FCA)
Market Instruments Forex, Bullion, Indices, Commodities
Account Types Cent Account, Standard Account
Minimum Deposit $10
Maximum Leverage Up to 1:1000
Spreads From 0.1 pips
Trading Platforms MetaTrader 4 (MT4), MetaTrader 5 (MT5), Hantec Markets Trading App, Multi-Account Manager (MAM), Hantec Social
Demo Account Available
Customer Support 24/5 availability via phone (+44 20 7036 0850) and email (info-uk@hmarkets.mu)
Deposit & Withdrawal Various methods including Credit/Debit Cards, Skrill, NETELLER, and China UnionPay.
Educational Resources Learning hub, basic lessons on macroeconomics and risk management, glossary of terms, trading guides, market analysis tools like Trading Central, economic calendar, market holiday calendar, webinars through Hantec Academy

Overview of Hantec

Established in 1990 and based in the UK, Hantec operates under FCA regulation, offering a wide array of market instruments like Forex, Bullion, Indices, and Commodities. With Cent and Standard Account options requiring a minimum deposit of $10 and leverage of up to 1:1000, Hantec ensures accessibility for all traders. Tight spreads from 0.1 pips and versatile trading platforms including MT4, MT5, and Hantec Social enhance trading efficiency.

A demo account allows for practice, while 24/5 customer support via phone and email ensures assistance. Multiple deposit and withdrawal methods like Credit/Debit Cards, Skrill, and NETELLER add convenience. Educational resources like a learning hub, macroeconomics lessons, and webinars through Hantec Academy contribute to traders' knowledge and skill development.

Overview of Hantec

Pros and Cons

Pros Cons
Variety of CFD Instruments Regulatory Status concerns
Cent Accounts for Beginners Potential Credit Card deposit fees
Standard Accounts for Experienced Traders Customer support only available during market hours
Low minimum deposit
User-friendly trading platforms

Pros

  • Wide Range of CFDs: Trade Forex, metals, indices, and commodities all under one roof.

  • Beginner-friendly: Cent Accounts allow you to start small and manage risk with lower leverage.

  • Accounts for Experienced Traders: Standard Accounts offer higher leverage for potentially greater profits (and losses).

  • Low Minimum Deposit: Get started with just $10.

  • Multiple Trading Platforms: Choose from industry-standard MetaTrader options (MT4 & MT5), a mobile app, and platforms for professional traders.

Cons

  • Regulatory Concerns: The “Suspicious Clone” warning regarding Hantec's FCA regulation requires clarification.

  • Potential Credit Card Fees: Check for credit card deposit fees before funding your account.

  • Limited Customer Support Hours: Get help only during market hours, which is not ideal for everyone.

Regulatory Status

Hantec is regulated by the Financial Conduct Authority (FCA) in the United Kingdom, ensuring adherence to stringent regulatory standards aimed at safeguarding client interests and maintaining market integrity. The FCA license (License No.: 502635) authorizes Hantec to operate as a Market Maker (MM), facilitating trading activities while adhering to regulatory guidelines.

It's important to note that, as of the latest information available, there's a mention of a “Suspicious Clone” status, which indicates a regulatory concern or issue that needs clarification or resolution. Traders should seek updated information regarding Hantec's regulatory status and compliance measures.

Regulatory Status

Market Instruments

Hantec offers Contracts for Difference (CFDs) for trading various financial instruments.

Forex

You can trade currency pairs, with over 130 options available. The minimum deposit to start trading forex is $10, and spreads start from as low as 0.1 pips. Hantec also allows leverage of up to 500:1, which can amplify your returns (and losses).

Bullion

Hantec lets you trade gold and silver, which are two of the most popular precious metals in commodity trading. This can be a way to potentially balance your portfolio with assets that have a long history of value.

Indices

You can trade CFDs on various stock market indices with Hantec. They offer more than 14 symbols to choose from, with a minimum deposit of $10 just like forex. Spreads start from 0.5 pips, and you can leverage your trades up to 500:1.

Commodities

Hantec provides CFDs for trading over 13 different commodities. The minimum deposit is $10, and spreads start from 0.2 pips. Similar to other categories, you can leverage your commodity trades up to 500:1.

Market Instruments

Account Types

Hantec offers two main account types for trading: Cent Accounts and Standard Accounts.

Cent Account is designed for beginner traders or those who want to trade with real money but with lower risk. The key advantage of a Cent Account is that it uses cents instead of the base currency for trading. In Hantec's case, this means your account balance and trades will be denominated in US cents. This allows you to trade with much smaller amounts compared to a Standard Account. For example, a $10 deposit in a Cent Account would be reflected as 1000 cents, giving you more flexibility to trade with smaller positions. Additionally, Cent Accounts typically have lower minimum deposit requirements. At Hantec, the minimum deposit for a Cent Account is only $10.

Standard Account is geared towards traders who want access to the full range of Hantec's features and are comfortable with potentially higher risk. Standard Accounts use the base currency for trading, allowing for larger positions and potentially bigger profits (or losses). The minimum deposit for a Standard Account at Hantec is also $10, but it offers higher leverage (up to 1:500 compared to 1:1000 for Cent Accounts) and access to more asset classes for trading (7 compared to 5 for Cent Accounts).

Account Types

How to Open an Account?

Open a Hantec account in only 4 easy steps:

  1. Register:

Visit Hantec's website and navigate to the account registration section.Then choose your preferred account type based on your experience and risk tolerance. Complete the online registration form by providing your personal details.

  1. Approval:

Once you've submitted the registration form, you'll need to upload the required documents for identity verification. This include a copy of your passport or government-issued ID and proof of address. And Hantec will review your application and documents. Await for their approval notification.

  1. Fund:

After your account is approved, you can proceed to funding your account. Hantec offers various funding methods, such as bank transfer, credit card, or e-wallets. Choose your preferred method to deposit funds into your Hantec wallet.

  1. Trade:

Once your account is funded and approved, you're all set to start trading! Hantec's platform allows you to trade various financial instruments like forex, commodities, indices, and more.

Leverage

The maximum leverage offered by Hantec depends on the type of account you choose. Standard accounts boast a higher leverage of up to 500:1, allowing you to control a much larger position size than the amount you deposit. This can amplify your profits significantly, but also magnify potential losses.

On the other hand, Cent accounts prioritize lower risk with a maximum leverage of 1:1000. This means you have a smaller margin for controlling positions but also limits the potential size of your losses. Ultimately, the best leverage option depends on your experience, risk tolerance, and trading goals.

Account Type Maximum Leverage
Cent Account Up to 1:1000
Standard Account Up to 1:500

Spreads & Commissions

Hantec provides trading environment with commission-free options for Forex instruments, offering traders the opportunity to engage in Forex trading without worrying about additional fees. However, commissions are applicable for other CFDs such as indices and commodities, with rates varying for each instrument.

Spreads are another key aspect of Hantec's offering, offering tight spreads to enhance trading efficiency. For Forex pairs, spreads can start from as low as 0.1 pips, providing traders with favorable pricing. Similarly, indices and commodities also feature competitive spreads, starting from 0.5 pips and 0.2 pips respectively, enabling traders to capitalize on market movements with minimal cost implications.

Spreads & Commissions

Trading Platform

Hantec offers a variety of trading platforms to suit different trader needs:

MetaTrader 4 (MT4)

The most popular platform, known for its user-friendly interface, extensive technical indicators, and automated trading capabilities (Expert Advisors). It's available for desktop (Windows, Mac) and mobile (Android, iOS).

MetaTrader 5 (MT5)

The successor to MT4, offers a similar interface but with more advanced features like additional order types, a built-in economic calendar, and a market depth feature. It's also available for desktop (Windows) and mobile (Android, iOS).

Hantec Markets Trading App

Hantec's own mobile app allows you to trade, deposit/withdraw funds, monitor performance, and receive price alerts. It also includes basic charting and order management tools.

Multi-Account Manager (MAM)

This is a desktop platform designed for professional traders and fund managers. It allows managing multiple MT4 accounts simultaneously, simplifying trade execution and monitoring.

Hantec Social

This mobile app focuses on social trading. You can discover successful traders (masters), copy their trades automatically in your account, and potentially replicate their returns.

Trading Platform

Deposit & Withdrawal

Hantec offers diverse payment methods for depositing and withdrawing funds. For deposits, options include Credit/Debit Cards (Visa, Maestro, UK Debit), Skrill, NETELLER, and China UnionPay, each with varying minimum deposit requirements and potential fees.

Withdrawals are typically processed promptly, with same-day processing for requests made before 3:00 PM GMT. Funds are returned using the same method as the deposit, aiming for efficiency and convenience. However, bank transfers, credit card withdrawals, and third-party withdrawals should take 2-5 business days to reflect in the account.

Here's a table summarizing the fees associated with each payment method offered by Hantec:

Payment Method Minimum Deposit Processing Fees
Credit/Debit Card $25 or equivalent (USD, EUR, GBP, NGN) Fees may apply
Skrill $100 (USD, EUR, GBP, NGN) No processing fees
NETELLER $100 (USD, EUR, GBP, CHF, NGN, AUD) No processing fees
China UnionPay N/A No processing fees
Deposit & Withdrawal

Customer Support

Hantec provides customer support services to assist traders whenever needed. Operating 24 hours a day, five days a week, their dedicated team is readily available during market hours to address inquiries and provide assistance promptly.

Traders can reach out via phone or email, with the English language support line accessible at +44 20 7036 0850 and inquiries directed to info-uk@hmarkets.mu. Whether it's resolving account-related issues, technical support, or general inquiries, Hantec's customer support team is committed to delivering responsive and effective assistance to ensure a smooth trading experience for their clients.

Customer Support

Educational Resources

Hantec offers a mix of educational resources for both new and experienced traders. Beginners can benefit from the “Learn to Trade” section, which includes a learning hub, basic lessons on macroeconomics and risk management, a glossary of terms, and trading guides. More experienced traders can stay informed with market analysis tools like Trading Central, an economic calendar, and a market holiday calendar. Hantec also provides webinars through their Hantec Academy.

Conclusion

Hantec offers CFD trading on Forex, metals, indices, and commodities. They satisfy both beginners (Cent Accounts) and experienced traders (Standard Accounts) with a $10 minimum deposit. Their platform options include MT4, MT5, a mobile app, and tools for professionals. Educational resources are available, but there's no mention of a demo account. Customer support is helpful during market hours. While Hantec boasts FCA regulation, a “Suspicious Clone” warning raises a red flag. Consider this seriously before investing.

FAQs

Question: What types of instruments can I trade with Hantec?

Answer: Hantec offers Contracts for Difference (CFDs) on a variety of financial instruments, including popular Forex pairs, precious metals like gold and silver, major stock market indices, and various commodities.

Question: Is Hantec a good choice for beginners?

Answer: Hantec can be an option for beginners with their Cent Accounts, which allow trading in smaller amounts and lower leverage to manage risk.

Question: What are the minimum deposit requirements?

Answer: The minimum deposit to open an account with Hantec is $10, regardless of whether you choose a Cent Account or a Standard Account.

Question: Does Hantec have customer support?

Answer: Yes, Hantec offers customer support via phone and email. However, their support hours are limited to 24 hours a day, 5 days a week during market hours.

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

1

Comments

Write a review

FX1331364707
more than one year
This Hantec is totally a fake broker. It steals legit Hantec’s website to defraud people.I was scammed by their agents’ sweet words. Don’t want to recall the terrible trading experience.
2023-03-07 10:38
Reply
0
0
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong China

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com