Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

Hantec Review Summary in 10 Points
Founded	1990
Registered Country/Region	Australia
Regulation	ASIC, VFSC (offshore)
Market Instruments	Forex, Commodities, Stocks & Indices
Demo Account	Available
Leverage	1:400
EUR/USD Spread	0.6 pips
Trading Platforms	MT4
Minimum deposit	$0
Customer Support	24/5 live chat, email

What is Hantec？

Hantec is a brokerage firm that provides online trading services for various financial instruments, including forex, stocks, indices, CFDs, and commodities. The company was founded in 1990 and is headquartered in Hong Kong, with additional offices in mainland China, Taiwan, and the United Kingdom. Hantec is regulated by the Australian Securities & Investments Commission (ASIC) and is also offshore regulated by the Vanuatu Financial Services Commission (VFSC). The company offers various account types and MT4 trading platform, as well as educational resources and 24-hour customer support services.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

When it comes to brokers, Hantec Markets stands out as a well-established, reliable option. It is regulated by Australia Securities & Investment Commission (ASIC). The site facilitates trade in a wide variety of instruments. Customized offering that includes the industry-standard MT4 trading platform, extensive educational resources, and in-depth market analysis suitable for both novices and seasoned traders.

However, the lack of transparency on trading conditions and deposit/withdrawal, as well as reports of withdrawal issues in the past, are potential drawbacks to consider. Ultimately, it is important for traders to thoroughly research and evaluate any potential broker before investing their funds.

Pros	Cons
• ASIC Regulation	• Offshore regulated by VFSC
Wide range of trading assets	• Clients from USA, Canada, Hong Kong, Macau, Iran and North Korea are not accepted
• Free demo account	• Reports of difficulty with withdrawals
• Low spreads	• Limited information on trading conditions and deposit/withdrawal
• No minimum deposit requirement
• MT4 supported
• Rich educational resources
• Provides 24-hour customer support

Is Hantec Safe or Scam？

Being regulated by Australia Securities & Investment Commission (ASIC, License No. 326907) and offshore regulated by Vanuatu Financial Services Commission (VFSC, License No. 40318), Hantec appears to be a legitimate broker which has been in operation for several years. However, it's important to note that offshore regulation may not provide the same level of protection as other major regulatory bodies. It is also important to exercise caution and do thorough research before investing with any broker.

Market Instruments

The main financial instruments offered by Hantec to investors are Forex, Stocks, Indices, CFDs, and Commodities. Forex trading is available in major, minor, and exotic currency pairs. Investors can also trade Stocks from some of the largest corporations in the world. Hantec offers CFDs on Indices and precious metals such as Gold and Silver, as well as energy commodities such as Brent and WTI crude oil. Overall, Hantec offers a diverse range of financial instruments to its clients to trade on its platform.

EURUSD, buy at 1.09721 and sell at 1.09715, calculate the spread

Accounts

Hantec offers demo accounts to new traders who want to practice trading without risking their own money. The demo account is free for 30 days and comes with $50,000 in virtual funds to help traders get familiar with the platform and practice their strategies.

On the other hand, live accounts are designed for experienced traders who want to trade with real money. It seems that only one Standard live account type offered, but there is no minimum deposit requirement.

Leverage

Hantec offers leverage up to 1:400, which is a high level of leverage compared to some other brokers. This means that traders can open larger positions with a smaller amount of capital, which can potentially lead to higher profits.

However, it is important to keep in mind that higher leverage also increases the potential risks and losses. Traders should ensure they have a good understanding of the risks involved in trading with high leverage and use risk management tools such as stop loss orders to help limit their potential losses.

Spreads & Commissions

While Hantec's website does not provide specific information about spreads and commissions, it is possible to calculate the spread for the EUR/USD pair based on the market instruments offered. The calculated spread is 0.6 pips, which is considered relatively low compared to other brokers in the industry.

It is important for potential investors to consider that the lack of transparency on spreads and commissions may be a red flag and they should inquire about these fees before deciding to open an account with Hantec.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker	EUR/USD Spread	Commission
Hantec	0.6 pips	Not disclosed
AETOS	1.8 pips	No commission
Darwinex	0.5 pips	$6 per lot
Equiti	0.6 pips	Not disclosed

Note: Spreads can vary depending on market conditions and volatility.

Trading Platforms

Hantec offers the widely popular MetaTrader 4 (MT4) platform for both PC and mobile. The MT4 platform offers advanced charting and analysis tools, customizable indicators, and a variety of order types to cater to the trading strategies of different traders. The platform also supports automated trading through the use of Expert Advisors (EAs) and offers a user-friendly interface that is easy to navigate. The mobile version of the MT4 platform allows traders to access their accounts and trade on-the-go, providing flexibility and convenience.

Overall, the MT4 platform is a reliable and robust trading platform that is well-suited for traders of all levels of experience.

See the trading platform comparison table below:

Broker	Trading Platforms
Hantec	MT4
AETOS	MT4
Darwinex	MT4
Equiti	MT4, EquitiGO app

Note: Some brokers may offer additional trading platforms not listed in this table.

Deposits & Withdrawals

Hantec offers online payment platforms that allow customers to deposit funds using a bank card or credit card with the UnionPay logo. However, customers must have gone through the necessary formalities for online transfer business at the card-issuing bank.

Hantec minimum deposit vs other brokers

	Hantec	Most other
Minimum Deposit	$0	$100

To withdraw funds, customers must have a transaction margin equal to or greater than 50% of their total deposit. If not, Hantec will charge a 5% administrative fee. The withdrawal processing takes 2-5 working days depending on the bank.

See the deposit/withdrawal fee comparison table below:

Broker	Deposit Fees	Withdrawal Fees
Hantec	N/A	N/A
AETOS	Free	$5 for bank transfer, free for others
Darwinex	Free	free for first monthly withdrawal, then $1 per withdrawal
Equiti	Free	free for debit/credit card, $15 for bank transfer

Customer Service

You can reach out to Hantec Markets' support staff 24/5 via a variety of channels, including live chat, email, phone callback, and an FAQ section. The service is available during business hours from 8:00 a.m. on Monday to 7:00 a.m. on Saturday, Beijing Time. The FAQ section covers a range of topics, providing customers with helpful answers to common questions. Additionally, customers can follow Hantec on LinkedIn for updates and news.

Overall, Hantec appears to prioritize customer service and provides multiple ways for customers to seek help or information.

Pros	Cons
• 24-hour customer support via live chat	• No 24/7 support
• Callback service available upon request	• No phone support
• Comprehensive FAQ section available	• Limited social networks support

Note: This table is based on publicly available information and may not reflect the complete picture of Hantec's customer service. It is always recommended to conduct further research and due diligence before choosing a broker.

User Exposure on WikiFX

As with any investment, it's important to exercise caution when choosing a broker, including Hantec. While there have been some reports of difficulties with withdrawals, these issues appear to have been resolved. It's important to do your research and take precautions when investing. You can use our platform to access information about brokers before making a decision. If you encounter fraudulent brokers or have been a victim of one, please report it in the Exposure section. Our team of experts will do everything possible to help resolve the problem for you.

Education

Hantec's education section offers a wealth of resources for investors, providing them with the knowledge they need to make informed trading decisions. The free resources include detailed e-books on foreign exchange, daily/weekly marketing research reports, and a financial calendar to help investors stay up to date on market events. Hantec also offers professional market analysis, online foreign exchange courses, and webinars, which can be a great way for traders of all levels to improve their skills and knowledge. With Hantec's education resources, investors can learn how to navigate the markets, develop trading strategies, and make informed investment decisions.

Conclusion

In total, Hantec is a well-regulated broker that offers a range of financial instruments and MT4 trading platform, as well as rich educational resources for traders of all levels. The broker's leverage options are attractive, but caution should be exercised due to reports of hard-to-withdraw funds. Overall, Hantec is a reputable broker with both positive and negative aspects, and investors should carefully consider their needs and preferences before opening an account.

Frequently Asked Questions (FAQs)

Q 1:	Is Hantec regulated？
A 1:	Yes. It is regulated by Australia Securities & Investment Commission (ASIC) and offshore regulated by Vanuatu Financial Services Commission (VFSC).

Q 2:	At Hantec, are there any regional restrictions for traders？
A 2:	Yes. Hantec does not offer its services to residents of certain jurisdictions including USA, Canada, Hong Kong, Macau, Iran and North Korea.

Q 3:	Does Hantec offer demo accounts？
A 3:	Yes.

Q 4:	Does Hantec offer the industry-standard MT4 & MT5？
A 4:	Yes. It supports MT4.

Q 5:	What is the minimum deposit for Hantec？
A 5:	There is no minimum initial deposit requirement.

Q 6:	Is Hantec a good broker for beginners？
A 6:	Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 platform. Also, it offers demo accounts that allow traders to practice trading without risking any real money.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

FXPRIMUS Review Summary in 10 Points
Founded	2009
Registered Country/Region	Cyprus
Regulation	CySEC
Market Instruments	Forex, Metals, Energies, Equities, Indices, Futures and CFD Cryptocurrencies
Demo Account	Available
Leverage	1:1000
EUR/USD Spread	From 0 pips
Trading Platforms	MT4, MT5, cTrader, WebTrader
Minimum deposit	$15
Customer Support	24/5 live chat, email

What is FXPRIMUS？

FXPRIMUS is a CySEC-regulated retail forex and CFD broker, founded in 2009 and headquartered in Cyprus. FXPRIMUS offers trading on a range of financial instruments including Forex, Metals, Energies, Equities, and Indices, different account types with varying minimum deposits and leverages, and multiple trading platform choices of MT4, MT5, cTrader, and WebTrader.

Pros & Cons

Pros	Cons
• Regulated by CYSEC	• Clients from Australia, Belgium, Iran, Japan, North Korea and USA are not accepted
• High-level protection measures for clients	• Higher minimum deposit for certain account types
• Wide range of market instruments	• Limited copy trading availability
• Low minimum deposit
• No deposit or withdrawal fees
• Competitive spreads and commissions
• Various deposit and withdrawal methods
• Strong customer service support
• Comprehensive trading tools and educational resources

Overall, FXPRIMUS appears to be a legitimate and reliable broker with strong regulatory oversight and high-level protection measures. They offer a wide range of trading instruments and account types, as well as various trading platforms and educational resources.

FXPRIMUS Alternative Brokers

There are many alternative brokers to FXPRIMUS depending on the specific needs and preferences of the trader. Some popular options include:

• FXCM - a well-established broker with a good reputation and comprehensive trading tools;

• FxPro - offers competitive pricing and advanced trading platforms;

• Exness - has a user-friendly platform and low minimum deposits.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is FXPRIMUS Safe or Scam？

FXPRIMUS is a legitimate online broker that is regulated by the Cyprus Securities and Exchange Commission (CySEC). It is also a member of the Investor Compensation Fund (ICF) in Cyprus, which provides protection to clients in the event of the company's insolvency. Overall, FXPRIMUS appears to be a reputable broker.

How are you protected？

FXPRIMUS places a strong emphasis on client protection measures. It offers Negative Balance Protection, which means that clients will never lose more than their account balance. Additionally, FXPRIMUS uses top-tier liquidity providers, ensuring fast and reliable execution of trades. The broker's funds are audited by a third-party auditor to ensure transparency, and client funds are held in segregated accounts, separate from the broker's operating funds. These measures help to ensure that FXPRIMUS clients are protected from financial fraud and malpractice.

Our Conclusion on FXPRIMUS Reliability:

Based on the information provided, FXPRIMUS appears to have strong protection measures in place for their clients, including regulation by CYSEC, negative balance protection, top-tier liquidity, and audit and segregated accounts. These measures provide a level of assurance that FXPRIMUS is committed to the security of its clients' funds. Therefore, it can be concluded that FXPRIMUS is a trustworthy broker for traders.

Market Instruments

FXPRIMUS offers a diverse range of market instruments for its clients to trade. In addition to forex pairs, clients can also trade metals such as gold and silver, as well as energies such as oil and natural gas. The broker also offers equities, indices, futures, and CFD cryptocurrencies. With such a wide range of market instruments available, clients can diversify their trading portfolios and take advantage of different market opportunities.

Accounts

FXPRIMUS offers three account types, Primus Classic, Primus Pro, and Primus Zero, with minimum deposits ranging from $15 to $1,000. Primus Classic accounts are the most accessible with a low minimum deposit requirement of $15, while Primus Pro and Primus Zero accounts require higher minimum deposits of $500 and $1,000, respectively. Copy trading is only available for Primus Classic accounts. FXPRIMUS also offers demo accounts for traders to practice their strategies before committing to a live account.

Leverage

FXPRIMUS provides varying leverage options depending on the account type and trading platform. For instance, for the Primus Classic account, clients can enjoy up to 1:1000 leverage. On the other hand, for the Primus Pro account, leverage is up to 1:500 on the MT4 platform and up to 1:1000 on the MT5 platform. For the Primus Zero account, the maximum leverage offered is up to 1:500. It is essential to note that high leverage levels carry a higher risk of potential losses, and traders should exercise caution when using high leverage levels.

Spreads & Commissions

FXPRIMUS offers competitive spreads and commissions across its account types. The spreads for the Primus Classic account start from 1.5 pips with no commission, which is suitable for beginners who are looking for a commission-free trading experience. For the Primus Pro account, the spreads are variable and start from as low as 0.3 pips, but the commissions are higher at $8 on the MT5 and $10 on the MT4. For experienced traders who prefer tighter spreads, the Primus Zero account offers spread from 0 pips with a commission of $5, making it suitable for high-frequency trading strategies.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker	EUR/USD Spread	Commission
FXPRIMUS	From 0.0 pips	No commission on Primus Classic
FXCM	From 0.2 pips	No commission on Standard
FxPro	From 0.0 pips	From $4.5 on cTrader
Exness	From 0.3 pips	No commission on Standard

Note: Spreads can vary depending on market conditions and volatility.

Trading Platforms

FXPRIMUS offers a range of popular trading platforms to cater to the needs of different types of traders. The platform options include the widely used MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and WebTrader.

The MT4 and MT5 platforms are popular among traders due to their user-friendly interface, advanced charting capabilities, and customizable indicators.

The cTrader platform is preferred by traders who seek a more transparent trading environment with direct market access (DMA) and Level II pricing.

The WebTrader platform is a web-based platform that allows traders to access their accounts from any device with an internet connection, without the need to download or install any software.

Overall, FXPRIMUS' trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders. See the trading platform comparison table below:

Broker	Trading Platforms
FXPRIMUS	MT4, MT5, cTrader, WebTrader
FXCM	Trading Station, MT4
FxPro	MT4, MT5, cTrader
Exness	MT4, MT5, WebTerminal

Trading tools

FXPRIMUS offers a variety of trading tools to assist its clients. The pip calculator helps traders calculate the value of a pip for a given currency pair and position size. The margin calculator allows traders to calculate the margin required to open and hold a position. The currency converter helps traders convert one currency to another at current exchange rates.

In addition, FXPRIMUS provides a market calendar that shows the schedule of economic events and their expected impact on the market, which can help traders make informed trading decisions. These tools can be accessed through the FXPRIMUS website or the trading platforms.

Deposits & Withdrawals

FXPRIMUS offers various deposit and withdrawal methods, including Bank Wire, Local Transfer, Credit Cards, and e-Wallets.

The minimum deposit is relatively low at $15. There are no deposit or withdrawal fees charged by FXPRIMUS, but your payment provider may charge a fee. However, it is worth noting that the minimum withdrawal amount is $100, which may be higher than some traders would prefer.

FXPRIMUS minimum deposit vs other brokers

	FXPRIMUS	Most other
Minimum Deposit	$15	$100

The processing time for withdrawals varies depending on the payment method chosen, with Bank Wire taking 2-5 working days, Local Transfer taking 1-5 working days, and Credit Cards and e-Wallets taking up to 5 minutes.

FXPRIMUS Money Withdrawal

To withdraw funds from FXPRIMUS, you can follow these steps:

Step 1: Log in to your FXPRIMUS account and click on the “Withdrawals” option in the main menu.

Step 2: Select the payment method you want to use for the withdrawal.

Step 3: Enter the amount you want to withdraw and click on the “Submit” button.

Step 4: Follow the instructions provided by the payment method you selected to complete the withdrawal process.

Fees

FXPRIMUS does not charge any deposit or withdrawal fees; however, payment provider fees may apply.

The broker charges an inactivity fee of $10 per month for accounts that have been inactive for 180 days or more. This fee is charged to cover the costs of maintaining the account and providing access to trading services, educational resources, and customer support. However, the inactivity fee can be avoided by simply logging into the trading account at least once every 180 days. It's important to note that the inactivity fee is only charged on the balance of the account and not on the deposited amount.

It also charges swap fees for holding positions overnight, and these fees vary depending on the instrument being traded.

See the fee comparison table below:

Broker	Deposit Fee	Withdrawal Fee	Inactivity Fee
FXPRIMUS	Free	Free	$10 per month after 180 consecutive days of inactivity
FXCM	Free	Free	$50 per year after 12 months of inactivity
FxPro	Free	Free	$0 after 12 months of inactivity
Exness	Free	Varies by payment method	No

It is important to note that fees and charges are subject to change, and clients should refer to the brokers websites for up-to-date information.

Customer Service

FXPRIMUS customer service offers various channels for clients to reach out for support. Clients can access 24/5 live chat, email, and online messaging to get in touch with customer support representatives. In addition, the broker provides support via messaging apps such as Messenger, WhatsApp, WeChat, Zalo, Line, and Telegram. This allows clients to contact customer support representatives in a convenient and accessible way.

Furthermore, FXPRIMUS has a presence on social media platforms such as Twitter, Facebook, Instagram, YouTube, and LinkedIn. This enables clients to stay up-to-date with the latest news and updates from the broker.

Pros	Cons
• 24/5 live chat	• No phone support
• Multiple language support for live chat and email	• No support on Weekends
• Active on social media channels for customer engagement	• Live chat can be slow to respond during busy periods

Note: These pros and cons are subjective and may vary depending on the individual's experience with FXPRIMUS' customer service.

Education

FXPRIMUS offers a variety of educational resources for traders of all levels. These resources include video tutorials, educational materials, live webinars, and articles.

The video tutorials cover a range of topics, from basic concepts such as trading terminology and chart analysis to more advanced topics such as risk management and trading strategies.

The educational materials include e-books, trading guides, and other resources to help traders improve their skills and knowledge.

The live webinars are led by experienced traders and cover a variety of topics, including market analysis, trading psychology, and risk management.

The articles on FXPRIMUS' website cover current market news and analysis, trading strategies, and other relevant topics.

Conclusion

In conclusion, FXPRIMUS is a regulated and reliable broker that offers a range of account types with competitive spreads and commissions. The broker provides a variety of trading platforms and trading tools to enhance clients' trading experience. Additionally, the broker offers excellent customer service and educational resources to support traders.

Frequently Asked Questions (FAQs)

Q 1:	Is FXPRIMUS regulated？
A 1:	Yes. It is regulated by Cyprus Securities and Exchange Commission (CYSEC).

Q 2:	At FXPRIMUS, are there any regional restrictions for traders？
A 2:	Yes. FXPRIMUS does not offer its services to residents of certain countries/jurisdictions including, but not limited to, Australia, Belgium, Iran, Japan, North Korea and USA.

Q 3:	Does FXPRIMUS offer demo accounts？
A 3:	Yes.

Q 4:	Does FXPRIMUS offer the industry-standard MT4 & MT5？
A 4:	Yes. It supports MT4, MT5, cTrader, and WebTrader.

Q 5:	What is the minimum deposit for FXPRIMUS？
A 5:	The minimum initial deposit to open an account is $15.

Q 6:	Is FXPRIMUS a good broker for beginners？
A 6:	Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 and MT5 platforms. Also, it offers demo accounts that allow traders to practice trading without risking any real money.