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.

ICM Review Summary in 10 Points
Founded	2009
Headquarters	London, UK
Regulation	FCA, FSA, ARIF, FSC, LabuanFSA, QFC and CABs
Market Instruments	Forex, precious metals, stocks, futures, securities, cryptocurrencies CFD
Demo Account	Available
Leverage	1:200
EUR/USD Spread	1.2 pips
Trading Platforms	MT4, MT5, cTrader
Minimum deposit	$200
Customer Support	24/5 live chat, phone, email, WhatsApp or send messages

What is ICM？

ICM, or ICM Capital, is a UK-based online forex and CFD trading provider. It was established in 2009 and is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom. The company offers trading services in a wide range of financial instruments, including forex, indices, commodities, and cryptocurrencies. ICM also provides clients with access to the MetaTrader 4 (MT4), MetaTrader 5 (MT5) and cTrader trading platforms, and offers multiple account types to cater to the needs of different traders.

Pros & Cons

ICM offers several advantages for traders, including the provision of the popular MetaTrader platform and a wide range of tradable instruments across multiple asset classes. The broker is also regulated by reputable authorities.

However, there are some drawbacks, such as limited educational resources and research tools. Additionally, ICM is not available for clients in certain jurisdictions.

Pros	Cons
• Regulated by multiple authorities	• Limited educational resources
• Commission-free trading	• No 24/7 customer support
• Islamic accounts offered	• Limited research tools
• Negative balance protection
• MR4, MT5, cTrader supported

Note: The above table is based on general observations and may not be comprehensive. Pros and cons may vary depending on individual preferences and requirements.

ICM Alternative Brokers

There are many alternative brokers to ICM, each with their own unique features and offerings. Some popular alternatives include:

• eToro: eToro is a well-known broker that offers social trading, allowing traders to follow and copy the trades of other successful traders.

• IG: IG is a broker that offers a wide range of trading instruments, including forex, stocks, commodities, and cryptocurrencies.

• XM: XM is a broker that offers low spreads and competitive pricing, as well as a range of educational resources for traders.

• Plus500: Plus500 is a broker that offers commission-free trading and a range of trading instruments, including forex, stocks, and cryptocurrencies.

• FXTM: FXTM is a broker that offers a range of trading platforms and a variety of trading instruments, including forex, stocks, and commodities.

• It's important to do your own research and compare the features, fees, and offerings of different brokers before choosing one that best fits your trading needs and preferences.

Is ICM Safe or Scam？

ICM is a legitimate forex and CFD broker that is regulated by several reputable financial authorities, including the Financial Conduct Authority (FCA), Financial Services Commission of Mauritius, etc. The company also uses advanced security measures to protect clients' funds and personal information.

However, as with any financial service provider, it is always important to do your own research and due diligence before opening an account and investing your money.

How are you protected？

ICM protect their clients with many different protection measures. Specific details can be found in the table below:

Protection Measures	Description
Regulation	FCA, FSC, LabuanFSA, FSA, ARIF, CABs, QFC
Negative Balance Protection	Clients can not lose more than their account balance in the event of a market downturn
Segregated Accounts	Protect clients in the unlikely event of the broker's insolvency
SSL Encryption	ICM's website and trading platforms use SSL encryption to ensure that all client information and transactions are secure
Two-Factor Authentication	As an additional security measure to protect client accounts from unauthorized access

It's worth noting that while these measures can help protect clients, no security measures can completely eliminate the risk of financial loss in trading. It's important for traders to understand the risks involved in trading and to only trade with funds they can afford to lose.

Our Conclusion on ICM Reliability:

Based on the regulatory oversight, client fund protection, and risk management policies of ICM, it can be considered a relatively reliable broker. It is regulated by several reputable financial authorities, and it implements measures to ensure the security of its clients' funds.

However, like any other broker, there are still risks associated with trading, such as market volatility and price fluctuations, which should be taken into consideration. Though these measures can help protect clients, no security measures can completely eliminate the risk of financial loss in trading. It's important for traders to understand the risks involved in trading and to only trade with funds they can afford to lose

Market Instruments

ICM offers a variety of trading instruments across different asset classes, including:

• Forex: ICM offers over 60 major, minor, and exotic currency pairs, including EUR/USD, GBP/USD, USD/JPY, AUD/USD, and many more.

• Precious metals: ICM provides trading opportunities for precious metals, including gold and silver, which are traded as CFDs.

• Stocks: ICM allows clients to trade stocks from some of the world's most popular stock exchanges, including the NYSE and NASDAQ.

• Futures: ICM provides access to futures contracts from various markets, including indices, commodities, and currencies.

• Securities: ICM offers trading in bonds, bills, and notes issued by governments and corporations.

• Cryptocurrencies CFDs: ICM also offers trading in cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ripple, as CFDs.

  It's worth noting that the availability of trading instruments may vary depending on the jurisdiction of the client.

Accounts

ICM offers two account types: ICM Direct (ECN) and ICM ZERO.

The ICM Direct (ECN) account has variable spreads starting from 1.2 pips and requires a minimum deposit of $200. It also offers a maximum leverage of 1:200.

The ICM ZERO account has spreads starting from 0.0 pips with a commission of $7 per lot traded and requires a minimum deposit of $1,000. It also offers a maximum leverage of 1:200. Both accounts offer access to the MT4, MT5 and cTrader trading platforms.

Leverage

ICM offers leverage up to 1:200 for forex trading. However, the maximum leverage available for other instruments such as indices, commodities, and cryptocurrencies may vary depending on the instrument and market conditions.

It is important to note that while leverage can increase potential profits, it also amplifies potential losses, and traders should use it with caution and employ appropriate risk management strategies.

Spreads & Commissions

ICM offers variable spreads, which means that the spread can fluctuate depending on market conditions. The spread for EUR/USD can start from as low as 1.2 pips on the ICM Direct account, while on the ICM ZERO account the spread can be as low as 0.0 pips, but with a commission of $7 per lot.

It's important to note that the spreads and commissions may vary depending on the account type, trading instrument, and market conditions. It's always recommended to check the latest information on the ICM website or trading platform.

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

Broker	EUR/USD Spread	Commissions
ICM	1.2 pips	0 ($7 per lot on ICM ZERO account)
eToro	1.0 pips	0
IG	0.75 pips	0
XM	0.9 pips	0
Plus500	0.6 pips	0
FXTM	1.3 pips	0

Note: Spreads and commissions are subject to change and may vary depending on the account type and trading platform used.

Trading Platforms

ICM offers MetaTrader4 (MT4), MetaTrader5 (MT5), and cTrader as trading platforms.

MetaTrader4 is a widely used platform among traders and offers a range of features such as automated trading and advanced charting tools.

MetaTrader5 is the successor to MT4 and includes additional features such as more advanced trading tools and indicators.

cTrader is a popular platform among ECN traders and offers advanced charting tools, level 2 pricing, and other advanced features.

Overall, ICM's 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
ICM	MT4, MT5, cTrader
eToro	eToro Platform
IG	IG Platform
XM	MT4, MT5
Plus500	Plus500 Platform
FXTM	MT4, MT5

Deposits & Withdrawals

ICM offers several deposit and withdrawal options for its clients.

Deposit methods include bank wire transfer, credit/debit card, Skrill, Neteller, FasaPay, and China Union Pay. Withdrawal methods include bank wire transfer, Skrill, Neteller, FasaPay, and China Union Pay.

ICM does not charge any deposit or withdrawal fees, but fees may be charged by the payment provider. Withdrawals are usually processed within 24 hours, but may take longer depending on the payment method.

The minimum deposit amount for ICM Direct account is $200 and for ICM Zero account is $1,000.

ICM minimum deposit vs other brokers

	ICM	Most other
Minimum Deposit	$200	$100

ICM Money Withdrawal

To withdraw funds from your ICM trading account, you need to follow these steps:

Step 1: Log in to your ICM client portal.

Step 2: Click on the “Withdrawal” button.

Step 3: Select the payment method you want to use.

Step 4: Enter the amount you want to withdraw and fill in any required details.

Step 5: Submit your withdrawal request.

ICM will then process your withdrawal request and send the funds to the payment method you selected. The processing time can vary depending on the payment method and your bank's processing times. It is recommended to check with your payment provider for more information.

Fees

ICM charges various fees that traders should be aware of. Apart from spreads and commissions, there are also some other fees that will be charged.

• Inactivity fee: If an account is inactive for 180 days, ICM charges an inactivity fee of $50 per month.

• Overnight swap fees: ICM charges overnight swap fees on positions held open overnight, which can be either positive or negative, depending on the trading instrument.

• Conversion fees: If traders deposit or withdraw funds in a currency different from their account currency, ICM charges a conversion fee of 2%.

See the fee comparison table below:

Broker	Deposit Fee	Withdrawal Fee	Inactivity Fee
ICM	Free for most methods, bank wire may incur a fee	Free for most methods, bank wire may incur a fee	$5/month after 180 days of inactivity
eToro	Free	$5	$10/month after 12 months of inactivity
IG	Free for most methods, bank wire may incur a fee	$1.20 per withdrawal	£12/month after 24 months of inactivity
XM	Free for most methods, bank wire may incur a fee	Free for most methods, bank wire may incur a fee	$5/month after 90 days of inactivity
Plus500	Free	$1.3 - $39 depending on the withdrawal method used	$10/month after 3 months of inactivity
FXTM	Free for most methods, bank wire may incur a fee	Free for most methods, bank wire may incur a fee	$5/month after 6 months of inactivity

It is important to note that fees may vary depending on the account type, trading instrument, and market conditions. Traders should always check the latest fee schedule on ICM's website before trading.

Customer Service

ICM offers customer support 24/5 via live chat, phone, email, WhatsApp or send messages online to get in touch.

You can also follow some social networks such as LinkedIn, YouTube, Instagram, Facebook and Twitter.

Pros	Cons
• 24/5 customer support via phone, email, and live chat	• No 24/7 customer support
• Personal account managers for certain account types	• No in-person customer support
• Multilingual customer support	• Limited educational resources on customer support page
• Quick response times to customer inquiries

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

Overall, ICM's customer service is considered reliable and responsive, with various options available for traders to seek assistance.

Conclusion

In conclusion, ICM is a regulated broker that offers a range of trading instruments and account types. The broker has a strong emphasis on customer protection and provides negative balance protection to its clients. Additionally, the broker offers a demo account for traders to practice their trading strategies before investing real money.

ICM offers two account types with different spreads and commissions, and clients can choose between MT4, MT5, and cTrader as their trading platforms. The broker offers multiple deposit and withdrawal options, and fees are relatively competitive compared to other brokers in the industry.

In terms of customer service, ICM has a knowledgeable support team that can be reached through email, phone, or live chat. However, the broker's educational resources could be more extensive to cater to novice traders.

Frequently Asked Questions (FAQs)

Q 1:	Is ICM regulated？
A 1:	Yes. It is regulated by FCA, FSA, ARIF, FSC, LabuanFSA, QFC and CABs.

Q 2:	At ICM, are there any regional restrictions for traders？
A 2:	Yes. ICM does not provide services to residents of the USA, North Korea and a few other countries.

Q 3:	Does ICM offer industry-standard MT4 & MT5？
A 3:	Yes. Both MT4 and MT5 are available. It also supports cTrader.

Q 4:	What is the minimum deposit for ICM？
A 4:	The minimum deposit requirement at ICM is $200.

Q 5:	Is ICM a good broker for beginners？
A 5:	Yes. ICM is a good choice for beginners because it is regulated well and offers various trading instruments with no minimum deposit requirement on the leading MT4 and MT5 platforms.