WikiFX Reviews Hantec in Depth

In this article, we'll examine Hantec's key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX aims to provide you with the information you need to make an informed decision about using this platform.

Background:

Hantec Markets (Hantec), a global brokerage firm specializing in financial services, operates under the banner of Hantec Group. Over the years, Hantec Group has diversified its portfolio into multiple sectors, encompassing real estate, Asian water plantations, and cultural innovation ventures.

Since its establishment in 1990, Hantec Markets has maintained its headquarters in Hong Kong while establishing a robust presence in various regions, including China, Japan, Australia, New Zealand, and Europe.

In a pivotal move, the company ventured into bullion trading in 1994. Subsequently, in 1996, it entered the futures trading arena, followed by the introduction of security trading services and international consulting in the ensuing year.

In 2008, the brokerage firm underwent a significant rebranding initiative, coinciding with the establishment of new offices in key international markets such as Australia, Great Britain, Japan, and several other countries over the subsequent two years.

Currently, Hantec Markets boasts a formidable presence in 12 countries, earning it numerous prestigious awards and accolades. With operations conducted through seven regulated entities and a network of nearly 20 offices worldwide, it has firmly established itself as one of the most esteemed brokerage firms on the global stage.

Hantec Markets specializes in Contracts for Difference (CFDs), a trading method that enables traders to speculate on the price movements of underlying assets without ownership.

Hantec Markets traders can trade CFDs on a relatively decent range of assets, including 20+ stocks, 130+ forex pairs, 15 cryptocurrencies, precious metals, commodities, global indices, energy, and ETFs.

Types of Accounts:

Hantec Markets only offers a live Standard Account option, complemented by a demo and Islamic Swap-free accounts. Within this live account, traders can access a robust set of competitive trading conditions and comprehensive solutions and services designed to cater to their diverse needs.

Deposit and Withdrawals:

Hantec Markets provides traders four convenient avenues for funding their accounts: credit/debit cards (including Visa, Maestro, and Debit Cards), Skrill, Neteller, and China UnionPay. It's essential to note that all deposits must be in one of the following currencies: GBP, USD, EUR, or NGN.

Importantly, Hantec Markets does not impose deposit fees on any payment methods. Deposited funds are promptly reflected in the trading wallet upon submission and approval.

Hantec Markets mandates that all withdrawal requests employ the same payment method as the initial deposit to maintain consistency and security. The withdrawal process involves completing a straightforward withdrawal form.

Requests submitted before 15:00 GMT receive same-day processing, while those made afterwards will be processed on the next working day. Withdrawn funds typically appear in the customer's bank account or credit card statement within 2–5 working days.

Trading Platforms:

Hantec Markets offers traders access to the versatile MetaTrader 4 (MT4) platform, which is widely favoured by UK traders for its user-friendliness and support across all asset classes.

Traders can seamlessly use MT4 online or download it for Mac, Windows, and mobile devices (iOS and Android), ensuring convenient and adaptable trading experiences.

Research & Education:

Hantec Markets provides a range of instructional resources to support traders. Webinars from the Hantec Academy are a well-liked resource. Traders can find a choice of YouTube videos here that are geared both towards novice and seasoned investors and cover a range of themes.

Additionally, the broker offers a glossary of words, information on numerous trading-related issues, and many other services.

Customer Service:

Traders can contact Hantec Market's support team via Live Chat, telephone, e-mail, and social media, 24 hours a day, five days a week. The multilingual customer support team can assist in English, Spanish, Polish, French, Mandarin, Portuguese, Korean and Japanese. Translation software is available to ensure requests in any language can be supported.

Conclusion:

To summarize, here‘s WikiFX’s final verdict:

WikiFX, a global forex broker regulatory platform, has given Hantec a WikiScore of 8.28 out of 10, indicating that it is a highly reliable broker in the forex trading industry.

Upon examining Hantecs licenses, WikiFX found that Hantec is a regulated by ASIC and VFSC:

In conclusion, Hantec is a good and safe choice for traders.