Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Basic information from Hantec Markets review
About the broker
Web: | https://www.hantecfx.com/ |
License: | ASIC FMA FCA JSC FSC FSA CGSE |
Supported languages: | English, Polish and Portuguese |
Year of foundation: | 1990 |
Methods of contacting customer support: | E-mail, phone, online chat |
Deposit methods: | Debit and Credit Cards, Skrill, Neteller |
Withdrawal methods: | Most likely the same as deposit methods |
About trading with Hantec Markets
Minimum deposit: | 10 USD |
Min. trade: | 0.01 |
Spreads: | Look at the spread table - spread on the currency pair EUR/USD is 1.4 pips * on a standard account type |
Underlying assets: Might be a CFD. | Forex (42) |
Demo account: | |
Mobile app: | |
MetaTrader 4: | |
Other trading platforms: | Currenex |
Social trading: |
Spreads & fees
Fees of most brokers change relatively often and unfortunately it is not in our possibilities to keep up-to-date information about fees at Hantec Markets, of course you can find current info on their website https://www.hantecfx.com/.
Spreads at Hantec Markets on standard account*
EUR/USD | GBP/USD | USD/JPY | EUR/GBP | USD/CHF | EUR/JPY |
---|---|---|---|---|---|
1.4 |
* Spread was taken 31.05.2019 at 15:09 from the web or trading platform of Hantec Markets.
Random reviews of competing CFD brokers: ForexVox, TriumphFX, Tradeville and Alvexo
Frequently Asked Questions
🧐 Is Hantec Markets a scam?
We highly recommend you to read the user reviews on our website before you start trading with this brokerage company. It will help you to determine if Hantec Markets is a scam or not.
🆓 How to open a free demo account?
Opening a demo account with Hantec Markets is very simple, just register on their website.
📱 Does Hantec Markets offer the best mobile app for trading?
Hantec Markets offers a mobile trading app and you can definitely start trading with it. It is very difficult and subjective to determine if they feature the best mobile platform. However, you are welcome to test it yourself.
We compared some reputable brokers and their mobile trading apps, check out the comparison and be saved from the hassle of testing the Hantec Markets mobile app.
⚖️ Would you recommend me Hantec Markets?
Hantec Markets is one of tens (possibly hundreds) of brokers operating in the United Kingdom, Australia and New Zealand, and that's why it makes no sense to choose Hantec Markets as a broker where you trade before you compare it with competitors.
We operate our website in full transparency, we recommend reliable brokers with an excellent reputation and we honestly admit to you that we receive commissions for that from these brokers. You can find the mentioned brokers in the table below with a clickable link to their site. You don't pay anything extra, you get a reliable business partner and you help us keep the website up and running. Thank you.
Broker | English | Min. deposit | Spread EUR/USD* | Platforms | License | |
---|---|---|---|---|---|---|
100 USD | 1.0 pips Spread was taken 04.10.2024 at 11:12 from the web or trading platform of Etoro. | In-house built platform | FCAASICCySec | etoro.comreview EUR/USD*: 1.0 pips Spread was taken 04.10.2024 at 11:12 from the web or trading platform of Etoro. | ||
0 | 0.9 pips Spread was taken 04.10.2024 at 11:12 from the web or trading platform of XTB. | In-house built platform | FCA CySec | xtb.comreview EUR/USD*: 0.9 pips Spread was taken 04.10.2024 at 11:12 from the web or trading platform of XTB. 77% of retail investor accounts lose money when trading CFDs with this provider | ||
100 USD | 0.8 pips Spread was taken 04.10.2024 at 11:12 from the web or trading platform of Plus500. | In-house built CFD platform | FCAASICCySec | plus500.comreview EUR/USD*: 0.8 pips Spread was taken 04.10.2024 at 11:12 from the web or trading platform of Plus500. 82% of retail investor accounts lose money when trading CFDs with this provider |
* The spread is variable for most brokers and changes depending on market volatility.
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Comparing spreads, fees, trading platforms, regulations and reading dozens of user reviews of all popular FX and CFD brokers is very time-consuming for every trader. That is why we have done all this hard work for you so you could already only start trading with a company that features a quick modern trading platform, a large variety of assets and a quick customer service. From our comparisons, all these criteria are met by Etoro 51% of retail investor accounts lose money when trading CFDs with this provider - advertising partner.
That is why it is important to choose the right one. Choosing the right broker often stands between profit and loss. Don't you know how to choose? We have prepared an independent article for you, which will help you with your broker selection. You will get to know, what factors are important to watch out for when you are choosing a forex/CFD broker.
If you have any experience with Hantec Markets, please share it in the comments to help others to choose the suitable broker.
Two months ago, I deposited 10k funds into a hantec account with my dollar debit card because I was promised low spread on the currency pair I wanted to trade (GBPJPY). *But going forward I noticed they kept increasing the spread on the pair gradually until it was so high as opposed to their initial promise. *So I decided to withdraw my money but it was cancelled over and over again, and they never sent me any withdrawal email. *I contacted the account manager and she stated that I can’t get my money back via the debit card method I had used before. After asking me to verify my bank account and to send my bank statement, *I was told I’ll be charged $230 for inactivity fee despite having traded for close to two weeks. *She said to avoid the inactivity fee I needed to trade a 30 standard lot size, but I refused and applied for another withdrawal letting them take the $230 inactivity fee. *They kept cancelling my withdrawal but were quick to take the $230 first. *After a week+ of placing the withdrawal request for my capital over again, regular calls, emails and messages, they finally sent the remaining funds but took an additional $40 making it a total of $270 they took from me for deciding to use their brokerage.
I have told my friends who I had recommended to Hantec to forgive me and withdraw their money from that scam brokerage.
I would advise anyone thinking about funding their account with Hantecmarket to contact me for proof and screenshot to verify my claim that Hantecmarket is a fraudulent brokerage.