Abstract: 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.
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 |
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.
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.
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.
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.
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).
Open a Hantec account in only 4 easy steps:
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.
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.
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.
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.
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 |
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.
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.
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 |
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.
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.
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.
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.