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Comparision between octafx, hantec, and

Do you want to know which is the better broker between octafx and hantec?

In the following table, you can compare the functions between octafx, hantec, and side by side to determine the most suitable for your trading needs.

  • Wikifx rating
  • Basic Information
  • Benchmark
  • Account
  • Relevant information
  • Relevant exposure
  • Wikifx rating
  • Basic Information
  • Benchmark
  • Account
  • Relevant information
  • Relevant exposure
 2 / 3   brokers in total
Wikifx rating
Score
Regulatory Status
WikiBit Guarantee
WikiFX Survey
Risk Evaluation
WikiFX exposure
Basic Information
Established
Regulatory license
MT4
MT5
Cryptocurrency
Deposit and withdrawal method
Benchmark
Transaction environment rating
Transaction Speed
Transaction speed rating
Average transaction speed
The fastest transaction speed
The fastest speed of opening positions
The fastest speed of closing position
Slowest transaction speed
The slowest speed of opening positions
The slowest speed of closing position
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Rollover Cost
Rollover cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time
Account
Accounts
Account name
Products
Funding Requirement
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum position
Cryptocurrency
Lock postition
Scalping
EA trading
5.86
Regulated
Under guarantee
--
2-5 years
CYSEC
Skrill,MASTER,VISA
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--
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--
--
--
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--
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--
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--
--
--
--
--
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--
8.27
Regulated
Under guarantee
10-15 years
ASIC,VFSC
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
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octafx BrokersRelevant information

octafx、 hantec BrokersRelevant exposure

Which broker is more reliable?

You can determine the reliability and credibility of a broker by checking four factors:

1.Forex broker introduction。

2.Are the transaction costs and expenses of octafx, hantec, and undefined lower?

2.Are the transaction costs and expenses of octafx, hantec, and lower?

3.Which broker is safer?

4.Which broker provides better trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

octafx

Basic Information & Regulators of OTCAFX

Octa Markets was established in 2017 with the aim of developing into a reputable, reliable, fair, and transparent forex trader. Octa Markets was authorized and regulated by the Cyprus Securities and Exchange Commission in 2018 (license number: 372/18).

Safety Analysis of OTCAFX

Octa Markets holds a full license from CySEC, a regulatory body that regulates forex fairly strictly, and therefore, a certain level of security can be ensured. Moreover, the trader has initiated a negative balance protection policy for each account, which completely separates the client's funds from the broker's operating funds to protect the safety of the client's funds.

Market Instruments

Octa Markets offers investors the most popular tradable instruments on the financial markets, mainly spot Forex, CFDs on stock indices, CFDs on spot metals, CFDs on commodities.

Leverage & Account of OTCAFX

Octa Markets offers two different account types for conservative and aggressive traders: MetaTrader5 account and cTrader account. The maximum leverage of the account is set according to the amount of money deposited by the trader's registration. The maximum default leverage is 1:20 for major currency pairs, 1:20 for minor currency pairs, gold and major indices, and 1:10 for commodities other than gold and non-major stock indices.

Spreads & Commission Fees of OTCAFX

The minimum spread for EURUSD is 0.4 pips, for GBPUSD 0.5 pips, and for EURGBP 0.6 pips. The minimum spread for spot gold is 0.8 pips, and for spot silver is 1.0 pips. The minimum spread for MetaTrader5 accounts starts from 0.3 pips, and no commission is charged for Forex and precious metals trading. cTrader accounts have a minimum spread of 0.0 pips, and a commission is charged for trading, which includes the opening fee for one side and the closing fee for the other side. There is no SWAP for both accounts. The trading commission on the cTrader Platform consists of a side charge for the opening of the position and another side charge for the closure of the trade.

Trading Platform Applied of OTCAFX

Octa Markets provides traders with two market-leading and high-performance trading software packages: MT5 and cTrader5. MT5 is the latest version of the multifunctional trading platform with a powerful trading system that supports various order types, including markets, pending orders, and stop orders, and supports desktop, web, Android, and iOS versions. cTrader5 features secondary quotes, server tracking, stops, cloud services to keep all accounts and templates in one place, one-click trading, and advanced charting features. Traders have the flexibility to choose the trading software according to their needs.

Deposit & Withdrawal of OTCAFX

Octa Markets Cyprus Ltd does not charge its clients any fees. Moreover, deposit and withdrawal fees applied by third parties are also covered by the broker Octa Markets supports wire transfers with a minimum amount of 50 Euros, which can be received within 3 to 7 business days.


hantec

General Information & Regulation of Hantec

Established in 1990 in Hong Kong, China, Hantec Group is a multi-location company providing professional financial services. In 2008, the Group reorganized its business structure to further optimize its business platform and continue to expand its overseas markets, developing and diversifying its product offerings with the addition of gold, forex, and CFDs. The company currently holds a full license from the Australian Securities and Investments Commission, a full license from the UK Financial Conduct Authority, a straight-through license from the New Zealand Financial Markets Authority, an AA license from the Hong Kong Gold and Silver Exchange Society, and a retail forex license from the Vanuatu Financial Services Commission. Hantec Group is a business brand shared by several companies under its name. The company that provides investors with forex, precious metals, and CFDs is regulated by the Financial Services Commission of Vanuatu (regulatory number: 40318), investors should be careful to consider.

Market Instruments

The main financial instruments offered by Hantec Group to investors are forex, precious metals (London Gold, London Silver), and CFDs (Contracts for Difference).

Minimum Deposits

The minimum deposit for opening an account is $0. However, there are indeed some limitations on deposit and withdrwal via different payment methods, as annoced on Hantec webistes, and traders need to contact their personal manager to get clear information.

Leverage of Hantec Group

The company's maximum leverage for investments is by default 1:100 (which can be specifically increased to 1:200). The use of leverage can increase returns and also magnify risks.

Spreads & Commissions

The spreads on Forex products are usually range from 3 to 5 pips, $0.50 for London Gold and $0.04 for London Silver.

Trading Platform Applied

Hantec provides traders with the MT4 and ETF trading platforms. MT4 is the most popular online trading platform for the retail trading market. The interface allows to implementing strategies of different complexity. Take advantage of the market and pending orders, stop losses, take profits, and there are powerful real-time charts. There are 30 built-in technical indicators, 9 time frames, and appearance customization. The trading platform is now available for iPhone, iPad, and Android, providing users with a non-stop Forex and precious metals trading experience.

Deposit & Withdrawal of Hantec

The company uses an online payment platform for users to withdraw and deposit funds. Users can transfer funds to the company's account through the online payment platform by having a Union Pay-logoed bank card or credit card and having an online transfer service without charging any commission from the online payment institution. The remittance fee may vary from bank to bank. In addition to the remittance bank's fee, traders will also be charged a fee by the transferring bank, depending on the transferring bank's amount.

Are the transaction costs and expenses of octafx, hantec, and undefined lower?

Are the transaction costs and expenses of octafx, hantec, and lower?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To fully understand how much will octafx, hantec, undefined cost, we first consider the common costs of standard accounts. At octafx, the average spread of EURUSD currency pairs is --, at hantec, the spread is --, and at undefined, the spread is --.

To get a comprehensive understanding of how cheap or expensive octafx and hantec are, we first considered common fees for standard accounts. On octafx, the average spread for the EUR/USD currency pair is -- pips, while on hantec the spread is --.

Which broker between octafx, hantec, and undefined is safer?

Which broker between octafx, hantec, and is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

octafx is regulated by CYSEC. hantec is regulated by ASIC,VFSC. undefined is regulated by undefined.

octafx is regulated by CYSEC. hantec is regulated by ASIC,VFSC.

Which broker between octafx, hantec, and undefined provides better trading platform?

Which broker between octafx, hantec, and provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

octafx provides trading platform including -- and trading variety including --. hantec provides trading platform including -- and trading variety including --. undefined provides trading platform including undefined and trading variety including --.

octafx provides trading platform including -- and trading variety including --. hantec provides trading platform including -- and trading variety including --.

Looking for more references? The following are other comparisons related to octafx, hantec, undefined:

Looking for more references? The following are other comparisons related to octafx, hantec, :

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