Hantec Markets Review – Is Hantec Markets Scam or a Proper Broker?

Hantec Markets Review

HantecMarkets.com is a broker company which provides tools for online trading. It has subsidiaries in China, Europe, Australia, New Zealand, and Japan. The headquarters of this broker has been in Hong Kong since 1990. It has been operational for several decades and has a good reputation in the industry.

The broker continues to develop and win awards for its excellent features. Some awards it has won are; most transparent global forex broker of the year, and best trading performance tools.

Protection

Hantec Markets has very transparent conditions. Even though it is registered with the Financial Services Commission (FSC), which does not have sharp regulatory rules, it has still been acknowledged and its conditions have been confirmed by other regulations worldwide.

Leverage

Hantec Markets provides leverage which is optimal to maximize your profit. These may vary between areas. UK and European clients can use maximum leverage of 1:30, while clients from Jordan can use a maximum leverage of 1:200, and traders from Mauritius may also use a maximum leverage of 1:200.

Account types

This broker offers two basic account types, i.e. standard account and VIP/Premium. The standard account is a basic account with the base currencies being USD, EUR, and GBP. The costs in this account are organized in a floating spread.

Meanwhile, the Premium account is made to fit your needs. It has better advantages and allows you to trade on a bigger scale. You can easily track performances and stay up to date.

Furthermore, HantecMarkets offers a swap-free account for Muslims, as their religion prohibits the use of interest. These conditions can be used on all account types here. It takes only 4 steps to create an account at HantecMarkets.com. Simply register on the website, wait for approval, fund your wallet, and begin trading with your new account!

Fees

This broker aims to satisfy the needs of traders whether they are beginners or professionals. The fees at Hantec Markets are ranked low at 8.9 out of 10. There is no deposit or withdrawal fee. However, there is an inactivity but it is low compared to other brokers like InstaForex. The overnight fee is paid if a position is open longer than 1 day. You can check these rates on the brokers’ website.

Deposits and withdrawals

You are guaranteed secure transactions and the depositing and withdrawing processes are simple. The deposits are fast and digital. You can make deposits through bank transfers, e-wallets, cards, and more. The minimum deposit for a standard account is $100 if you want access to all the features.

There are no additional charges if you want to transfer funds. You can withdraw using the same options as deposits like bank transfers, etc. You can track the processing which is quick but may be different depending on the laws of where you’re from.

Trading platforms

Hantec Markets offers MT4 and MT5 trading platforms. You can install the app on your desktop and still have access to all the tools and features. Moreover, this broker offers a Currenex platform which is especially designed for professional traders.

For further convenience, you can install the Hantec app on your mobile phone so you can trade even when you don’t have your laptop. It can be downloaded on any device and can be customized to your liking. It is also very easy to use and gives you a clear look.

Research

When it comes to trading tools, you can use tools provided by trading central. This is a third-party provider of trading signals which is leading the industry. However, the usage of this can differ based on your jurisdiction, so you should do some research before-hand. Hantec Markets allows copy trading and you can trade socially.

Customer support

The customer support team at HantecMarkets can be reached through international phone line which are available in China, Pakistan, UK, Nigeria, and Jordan. The team here is ranked excellent and given a rating on 8.9 out of 10. Even though support is not available 24/7, their responses are prompt and relevant.

Is Hantec Markets Scam or Legit?

Hantec Markets is not a scam! It is a legitimate broker for online trading of forex and cryptocurrencies. If you are looking for a trusted broker to sign up with and begin trading, HantecMarkets.com is a great firm to try out.

Conclusion

It is no secret that HantecMarkets wants to give its clients a good experience. This broker has features and tools to match traders needs, whether they are new in the industry or have been trading for years. Since there is confusion about some offerings not being available because of jurisdictions, you should be cautious about the brand you are operating under.