Abstract：HMA (HANTEC Markets Australia) is a broker regulated by the Australian ASIC, regulatory number 326907, to provide investors with foreign exchange, precious metals contracts, indices of investment services.
General Information & regulation
Hantec Markets (Australia) Pty Ltd (AFSL 326907) is the issuer of the products described in our PDS available from www.hantecmarkets.com and is authorised and regulated by the Australia Securities and Investment Commission ( ASIC), regulatory number 326907 to provide financial services in Australia. HANTEC Markets Australia ( “HMA”) provide investors with foreign exchange, precious metals contracts, indices of investment services through the widely used MT4 trading platform.
Investors can trade foreign exchange currency pairs, indices, commodity futures, and precious metals, virtual currencies on the HMA platform.
Minimum Deposit of HMA
As for the minimum deposit requirements, HMA ( Hantec Markets Australia) ask $1000 to open an account, which is, indeed, not the good options for new beginners.
Leverage of HMA
HMA offers one standard account and one professional account. In addition, HMA offers traders demo accounts with maximum trading leverage of 1:200 for Forex currency pairs, 1:10 for futures (excluding gold), 1:20 for gold, 1:20 for major indices, and 1:10 for minor indices.
Spreads & Commissions
The spreads offered by HMA are 0.5 pips for EURUSD, 0.8 pips for GBPUSD, 0.8 pips for CAD, 0.5 pips for JPY, 0.4 pips for XAUUSD, and 0.047 pips for XAGUSD.
HMA Trading Platforms
HMA offers traders the most popular MT4 trading platform available today. The interface allows for the implementation of trading strategies of varying difficulty, and it features the ability to take full advantage of the market and pending orders, stop losses, take profits, powerful charting tools with 30 built-in technical indicators, 9 time frames, and appearance customization, which allows traders to configure the ideal settings to suit their trading requirements.
HMA Deposit and Withdrawal
HMA ( Hantec Markets Australia) supports traders to deposit and withdraw funds to and from their investment accounts via wire transfer, VISA/MasterCard, BPAY, Payment Gateway SWIFT international transfer payment methods.
HMA( Hantec Markets Australia) is open 24 hours a day five days a week, starting at 21:00 GMT on Sunday and closing at 00:40 GMT on Saturdays. Index trading times vary as they follow local market operating hours
There are some areas, however, where the broker could improve:
Single account offering
No cryptocurrency trading or spread betting