If you are looking for a new broker to trade with, I recommend Hantec Markets. The broker offers good trading terms, no extra commissions, and a low spread. However, their trading platform is not ideal. It is based on the MT4 platform, which MetaQuotes is slowly phasing out. However, Hantec Markets plans on moving toward the MT5 platform.
Has a diversified portfolio
A diversified portfolio is a good way to protect your investment against a downturn in a single sector or market. The best portfolios cover all the possible dangers and include stocks from all walks of life. A trader can diversify his portfolio by investing in various assets, including oil.
The company offers to trade in specific commodities, including natural gas, oil, and precious metals. It also offers soft commodities, such as coffee, wheat, cotton, and sugar. It offers a platform to trade in more than 6,000 markets.
low minimum deposit
The minimum deposit at Hantec Markets is only $100. You can fund your account through multiple deposit and withdrawal methods. The process should be quick and easy.
However, be aware that some payment methods may have additional processing fees. The broker does not bear these fees. You can also register your banking details with Hantec Markets to speed up the withdrawal process.
Hantec Markets offers several account types, including Individual and Corporate accounts. First, you’ll need to register on the website and submit your government-issued ID and proof of address. After this, you can add funds to your account using a wire transfer or an online payment method. Once these steps are complete, you’re ready to trade.
Hantec Markets also offers an exclusive swap-free account for Islamic traders. This account type allows you to trade in major currencies without swap charges.
Swap-free account
Hantec Markets offers excellent trading conditions and cutting-edge trading platforms. They offer leverage of 1:500 on their standard accounts and 1:1,000 on their cent accounts, as well as minimum deposit requirements as low as $10.
They also offer swap-free accounts and a wide range of deposit and withdrawal options. If you are new to trading, you may also want to check out their free webinars for beginners as a Hantec Markets review.
You must provide proof of identity to open an account with Hantec Markets. After submitting the document, Hantec Markets will approve your account. You can deposit and withdraw funds using Visa, MasterCard, Skrill, Neteller, and China Union Pay.
A Mobile application
Hantec Markets offers mobile users several options for trading. They can choose between individual and corporate accounts. Users will be prompted to enter their account details, including name, address, and financial information, upon registering. They can also choose from one of seven currencies and set up a security question. They must also upload documents proving their identity and address.
The mobile application provides forex traders with customizable charts with technical indicators and customizable Stop-loss and Take Profit levels. It also lets you pre-adjust your profit and loss levels and sets a clear price to enter and exit a trade. Additionally, Hantec Markets offers free financial news and technical analysis to help traders make decisions. The mobile application is compatible with any smartphone.
No hidden fees
Hantec Markets offers its customers a platform that works on the popular MetaTrader 4 platform. This popular trading platform is available for download on PCs, Macs, and mobile devices, including tablets. Its direct download option for Mac users is a great feature. Previously, Mac users may have had trouble using MetaTrader 4 on Macs due to compatibility issues.
The minimum deposit required for opening a Hantec Markets account is relatively high, which makes it unsuitable for beginner traders. Beginners do not want to risk a large amount of money on the exchange, and they are also unlikely to be able to trade full-time throughout the workweek.