Hantec Global Review Is hantecglobal.com A Scam

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Hantec Global Review – is it scam or safe?

Trading Accounts & Conditions

Account type Min. deposit Max. leverage Min. trade size Spread
Standard $50 1:500 0.01 From 0.8 pips
Pro $50 1:500 0.01 From 0.3 pips + commission

Hantec Global offers two account types – a Standard commission-free one, and Pro account with lower spreads that involves a commission fee. Both accounts provide variable spreads, leverage up to 1:500, and the option to trade in micro lots.

Investors of Islamic belief are able to open swap-free accounts with Hantec Global.

Keep in mind that he broker does not offer its services to residents of certain jurisdictions such as USA, Japan, North Korea, Venezuela, Belgium, Bosnia & Herzegovina, Afghanistan, Iran, Iraq, Gaza Strip, Burundi, Eritrea, Haiti, Lao, Libya, Myanmar, Somalia, Sudan, Syria, West Bank and Yemen.

Hantec Global Advantages

Part of the Hantec group

Hantec Global is the offshore brand of the Hantec Group – a global provider of specialized financial services The mother company Hantec Pacific Ltd. is a multinational finance house based in Hong Kong. Hantec Markets Limited, operating under the brand Hantec Markets (hantecfx.com), is the UK-based unit of the Hantec Group. The group also has an Australian subsidiary, Hantec Markets Pty Ltd., which is licensed by ASIC and operates under the tradename Hantec Markets Australia (hantecmarkets.com).

Industry-leading platform (MT4)

Hantec Global offers its clients one of the most highly praised platforms in the forex sector – MetaTrader 4 (MT4). There are multiple reasons for that. First, the charting package provided by MT4 is second to none. Besides, this platform provides a wide array of custom software add-ons. The most commonly developed ones are automated trading systems and technical indicators. After browsing the built-in MQL marketplace, one can easily find free as well as paid versions of such tools.

As we tested Hantec Global’s demo MT4 for the purposes of this review, we found the spread on EUR/USD floating around 1 pips (commission-free Standard account), which is a really competitive pricing. Actually, the spreads of this broker appear better than those of the Hantec group’s UK brand.

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Leverage up to 1:500

Another part of Hantec Global’s offering we find attractive is the high leverage levels it provides. Although leverage is a bit controversial element of the forex trading, we consider the availability of high leverage ratios such as 1:500 an advantage, as they will suite most trading styles. However, we must also mention that as a higher leverage level gives you the ability to risk more, you might lose more than you have initially deposited.

Hantec Global Disadvantages

Although the other members of the Hantec group are licensed by reputable authorities such as ASIC and FCA, Hantec Global is registered offshore. It is owned and operated by Hantec Global Ltd. – a company registered in Mauritius.

The local Financial Services Commission (FSC) does not have very strict requirements for the registered businesses and trading with such is generally not safe.

Scalping not allowed

Scalping is a popular forex trading strategy, which allows traders to make profit off small price changes, opening and closing trades at a very fast speed. Unfortunately, Hantec Global does not allow it, because, in its opinion, it is “an unacceptable practice and a type of market abuse”.

Conditions not presented in detail

Although Hantec Global specifies the spreads it offers on the website, it does not share with the public the commission applicable to Pro account holders. Therefore, the trading costs for this account are unclear.

Conclusion

Hantec Global is a member of an international group with many years of experience in the financial services sector. Although other members of the group are licensed by reputable governmental agencies, Hantec Global is registered offshore, in Mauritius. According to us, this is the weakest side of this broker, as clients of offshore companies basically have no protection if something goes wrong. So, you’d better sign up with Hantec’s well regulated brands or choose a broker from the list below.

Otherwise, the offering of Hantec Global seems attractive: trading on the good old MT4 with low spreads and minimum investment, high leverage levels, and (allegedly) STP execution.

To sum up the strong and weak sides of Hantec Global in a few words:

Pros Cons
Part of the Hantec group Registered offshore
Good spreads Scalping not allowed
Industry-leading platform (MT4) Conditions not presented in detail
1:500 in leverage
Low initial deposit
Broker Advantages

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

Trading212 is a European broker with an excellent proprietary trading platform, which is now available as an iPhone app as well (we tried it out and we loved it). Trading 212’s customers enjoy fast execution a vast selection of trading instruments.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

HMarkets.com Review Visit site

About HMarkets.com

HMarkets is a forex broker. H Markets offers the MT4 and MT4 Mobile forex online trading top platforms. HMarkets.com offers over 40 forex pairs, gold, silver, indices, commodities oil, bitcoin and other cryptocurrencies for your personal investment and trading options.

  • Information
  • Live Discussion
  • Video
  • 13 Widgets
  • More .

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 500:1
Minimum to Open Live: $1
Established: 1990
Address: Suite 207, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebène, Mauritius
Contact: [email protected], +44 (0) 20 3934 2204
Regional offices:
Regulators: JSC #51905, FSC Mauritius #C114013940, FCA #FRN 502635
Prohibited countries:

Yes

Trading platforms: MT4
Mobile Trading:
Currencies: (40+)
Cryptocurrencies: (5+) Bitcoin, Litecoin, Ethereum
CFD: (10+) Gold, Silver, Stock Indexes, Oil

Yes

Yes

Yes

EAs/Robots:
MAM:
ZuluTrade:
Deposit Methods: Bank Wire, VISA, MasterCard, Neteller, Skrill, UnionPay
Withdrawal Methods: Bank Wire, VISA, MasterCard, Neteller, Skrill, UnionPay

Live discussion

Join live discussion of HMarkets.com on our forum

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Let other traders know if this service is worth checking or should be avoided.

Your feedback matters!

Consumer Reviews

Service use: Live

Length of use: over 1 Year

Service use: Live

Length of use: 0-3 Months

Hello I made of withdrawal of $100.1 on hantecglobal Ltd broker client dashboard through skrill, the payment showed processed but haven’t received my money in the past 24hrs have tried reaching out to their customer care but they don’t care about their investors they are a scam don’t invest in this s***** broker,

(Hantec Global Ltd. Registered Office: Suite 207, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebène, Mauritius.
Company No. 127483 Mauritius FSC License Number: C114013940.)

That’s the broker, I have already filed a fraud complaint on the regulator service against this broker and hopefully I get my money back.

Please a don’t invest here please don’t

I will update on this development of this outcome I hope the regulator will take serious action against this scam broker.

You have been warned.

Also seems the broker is relatively new too I don’t know why I had to invest this these people I want my money back.

Forex Brokers Lab

BROKERS with LOW SPREADS

ASIC REGULATED BROKERS

BROKERS with MINIMUM DEPOSIT

BEST FOREX BONUSES

Hantec Global

Trust

Commissions and fees

Customer Service

Platform & Tools

Product Portfolio

  • Well regulated
  • Low spreads
  • MT4 support
  • No choice of trading platform

Regulators : FCA, ASIC, FSC

Minimum Deposit: $50

Maximum Leverage: 1:500

Spreads: Low

My Score: 7.8

Hello everyone! It’s Valentin here for Hantec Global review today. The broker is a trading name of Hantec Global LTD. It also a part of the Hantec Group.

So, let’s see what will you learn about this broker: What are the account types offered by Hantec Global? Is Hantec Global scam or reliable? What are the trading conditions such as spreads, minimum deposit and leverage? Is Hantec Global regulated?

You are going to get all the answers to these questions. Lets start with regulation and license section. Because it is the most important thing when you choose a broker.

License and Regulation

As I mentioned above, the broker is a part of Hantec Group. Hantec Markets is another brand of this group and it is regulated by FCA in United Kingdom.

Hantec Group is approved by the Australian Securities and Investments Commission (ASIC) to provide investment financial services in Australia.

Also, Hantec Global is a trading name of Hantec Global Ltd. who is authorized and regulated by the Mauritius Financial Services Commission (FSC) in the Republic of Mauritius. License Number: C114013940.

So, it means there is no license problem about the broker. You can invest and trade with this broker easily. Let’s look at the trading conditions of the broker.

Account Types and Spreads

Hantec Global offers two account types. These are Standard account and Pro account. There is a option also to choose these accounts as a swap-free Islamic account.

Both accounts have 50$ minimum deposit. They offer variable spreads. The maximum leverage is up to 1:500. Spreads are from 1.1 pip for Standard account. For pro account spreads are from 0.2 pip but there is also commission. Base currencies are USD / EUR / GBP / AED for both account types.

You can also open a Swap-free account. Swap Free Accounts can trade the following products without Swap charges EURUSD, GBPUSD, USDJPY, USDCHF, EURCAD, GBPCAD, EURGBP, CHFJPY, EURCHF, EURJPY, NZDUSD, AUDUSD, AUDNZD, USDCAD, GBPJPY, CADJPY, CADCHF, GBPCHF, XAGUSD, XAUUSD.

Swap-Free Account Features

  • No interest/swap charges on overnight positions
  • No spread widening
  • No extra commissions
  • Positions can be held with no time limit
  • Leverage up to 500:1
  • 100% real-time market execution
  • 24/5 dedicated support from your Client Account Manager

Trading Platforms

Hantec Global offers the industry-leading trading platform MetaTrader 4. This is another good feature for the broker. Because most of the traders know and use MT4.

MetaTrader 4 is still the most used trading platform and it is not a surprise. It has user-friendly interface, automated trading systems, technical indicators, so many chart tools and more.

Deposit and Withdrawal Options

The funding methods that Hantec Global accept are wire transfer, credit/debit card, Skrill and Neteller. There is no commission when you deposit.

Hantec Global says it will cover any payment provider costs on your behalf. Customers’ funds are kept in fully regulated and reserved bank accounts.

They accept USD, EUR, GBP, AED and NGN for bank wire transfer. The processing time usually depends on the processing time of the sending bank and the intermediary bank (if necessary), but it may take about 2-3 business days for the funds to arrive.

Withdrawal can also be made using the same methods. The firm says that the withdrawal takes place within 1-2 hours. However, during peak times this period can be up to 24 hours, he says. This also depends on the withdrawal method you use.

Conclusion

Hantec Global is a part of Hantec Group who has many years of experience in the financial services sector. It is duly regulated and reliable forex broker.

Trading conditions are good. It offers MT4 trading platform. The max leverage is high 1:500. The minimum deposit requirement is low. It is just 50$.

So, you can open an account with this broker if you want. If you don’t like this broker you can find another good broker in my top forex brokers list.

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