Review of Hantec Markets Limited
Hantec Markets Limited is regulated by the Financial Conduct Authority (FCA) Registration No. 502635, with the additional protection of the Financial Services Compensation Scheme (FSCS) on losses of up to £50,000.
Technically speaking Hantec is a very clean broker that doesn’t attempt to utilize any common tricks to attempt to get ahead on their clients, this means that Hantec becomes a great option for newcomers to the ForEx trading scene.
DEBIT CARDS, CREDIT CARDS, Skrill, Neteller, & BANK WIRE
DEBIT CARDS, CREDIT CARDS, Skrill, Neteller, & BANK WIRE
MT4, Currenex, MT4 for mobile, MT4 for Mac
No clear information
Hantec is very polite and courteous with its customers, they truly do practice what they preach when it comes to the satisfaction of their clients. When a new client opens a live trading account with them they’re very quick to respond to their every needs because that beginning time trading can be the most nerve racking for the new client. Hantec really does respond to inquiries in a timely manner and with input that doesn’t feel rehearsed or textbook, they really provide caring service to their customers.
Hantec is a very honest ForEx broker that isn’t looking to make a quick buck at the expense of inexperienced clients, but rather sees the need to help lift their clients up because it is in their mutual self interest to do so.
Some major criticisms of Hantec come from the technical side of things, while Hantec has an authentic caring feel about the customer service they do not provide the most competitive spreads nor the most stable spreads. One of the most important aspects to ForEx trading is the quality of the charts available for you to interpret and understand and some criticism has been laid against Hantec for not having one of the best platforms to read and understand as compared to some of their competitors. It really depends on your experience, one of the downsides of Hantec’s platform (MetaTrader 4) is it does require a lot of CPU, so if you’re trading from a laptop your performance might suffer a bit.
Hantec Markets Review – Check Ratings and feel free to share/submit your experience
Hantec Markets Limited provides real time quotes of global financial information to it’s using via its web trading platform and has formulated a very effective strategy to become one of the top rated ForEx platforms in the world.
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Hantec provides a great amount of educational software on topics such as:
- Learning all there is to know about MetaTrader 4, their web platform.
- Expert Advisors providing advice to users based around multiple different levels of trading volume and experience.
- eBooks for beginners to tear through.
- Most importantly technical videos on how to understand candlestick charts and trends, which is arguably the most important aspect of ForEx trading all together.
Currencies, Deposits and Withdrawals
When opening an individual account with Hantec you have the option of using base currencies such as:
- The United States Dollar
- The Canadian Dollar
- The Australian Dollar
- The Euro
- The British Pound Sterling
- Swiss Francs
- The United Arab Emirates Dirham
Initial Margin Requirements Options Are:
- 4% (25:1 leverage)
- 2% (50:1 leverage)
- 1% (100:1 leverage)
- 5% (200:1 leverage)
Metatrader is Hantec’s primary platform and is known as being one of the best web platforms available for ForEx trading. It can be difficult to master at first, but it is the platform used by most professional traders. It has a comprehensive list of analytical tools that users can utilize as well as provides you the versatility of operating on a plethora of platforms, so that you can always have your trading platform on the go, on any device.
MetaTrader 4 Demo
If you need to perfect your strategy before moving on to live trading, MetaTrader for offers you a 30 day free trial in which you can learn the ins and outs of the platform. This is vitally important so that you don’t walk into trading and simply lose your money. Making full use of the 30 day free trial after utilizing Hantec’s educational opportunities would be highly suggested for any new perspective trader.
Hantec has a minimum funding requirement of at least 1,000 in your base currency. So at least 1,000 USD, GBP, or EUR. Leverage ratio is 1:200 with Margin requirements of 1:100 = 1% and 1:200 = 0.5%. There are no commissions on Hantec traders made using MetaTrader 4. Spreads are floating and Hantec utilizes Market Execution (STP) type. The minimum order size is 0.01 lots which = 1,000 of the base currency. Stopout Level requirement is 20% of the used margin.
By and large Hantec Markets Limited as a Broker is a great choice for new traders and experienced traders alike. Reviews are generally very positive with lots of great feedback from a great many users. Hantec is honest, clear and has the objective desire of improving the lot of it’s clients above all else. Hantec truly practices what it preaches when it comes to being a customer oriented service provider. Many companies will talk a good talk, but never seem to walk the walk. While Hantec doesn’t have the most competitive spreads, its other restrictions are relatively non invasive especially for new traders. The ability to Demo the MetaTrader 4 platform with a very nice demo account for 30 days gives new clients the ability to really learn the ropes, especially when using Hantec’s educational media which is some of the best on the market.
At the end of the day Hantec has been around for some time now and has become a trusted broker on the world stage being involved in all of the major regulated markets while avoiding shady trading location hotspots, which just goes to show their commitment to excellence. Overall it’s hard to really complain about anything major about this company because they truly are very genuine in their approach to providing clients with the support they need to be involved and competitive traders on the world stage.
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