Their website features a nice and professional design and is
very easy to navigate. Visitors should have no problem to find the information they
are looking for which takes away the hassle to spend time locating information.
Their ‘About’ page offers plenty of information and gives visitors a good
snapshot into Hantec Markets while the ‘Chairman Message’ is a much appreciated
feature and Hantec Markets is also transparent about their management team. Overall
we could have not asked for a better first impression.
They offer a great list of currency pairs with very competitive
spreads which is excellent for more mature traders who do not only want to
trade the major currency pairs, but also take advantage of currency crosses
like TRYJPY and USDCZK. They also offer a few CFD’s, but to a lesser extent.
You can find gold, silver and oil as well as major indices.
Hantec is a NDD or Non-Dealing Desk broker and all orders
are automatically executed as this forex broker does not trade against clients
and basically does not care what you trade. They offer maximum leverage of
1:200 which is just about as high as you may want to go. Unfortunately Hantec
Markets does not offer deposit or withdrawal services such as Skrill and you
can only deposit via bank wire or credit card.
Another great feature is that you can hedge with zero margin
which makes it even more attractive for professional traders. The minimum
deposit is $1,000 and it makes no sense to operate an account with less than
that as you will not be able to execute proper risk management as well as
operate a good trading strategy.
Hantec Markets offers just about every popular trading
platform starting with MetaTrader 4 as well as Currenex Classic and Currenex
Viking. The great feature is that with a $1,000 deposit this forex broker gives
you the MyFX plugin for MetaTrader 4 free of charge which is an amazing upgrade
and takes your MetaTrader 4 from a retail platform and transforms it into a
professional trading platform. The annual subscription for the MyFX plugin is
$249, but Hantec Markets gives it away free of charge to their clients.
Conclusion
Hantec Markets offers you just about everything you can ask
for and they are operated out of the UK which makes it a very secure location
for traders and puts them right into the financial capital of the world. There
offers are hard to beat and the only thing we would like them to add is an ECN
platform, reduce your spreads a bit more and offer a payment processor like
Skrill. Our overall verdict is two claws up and Hantec Markets grabs our number
one spot among mature forex brokers who cater to the intermediate traders; the
Last Bear has roared!
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