Hantec Trader is becoming a well-known name in the proprietary trading space, providing professional traders with access to capital without risking their own capital. This Hantec Trader Review will help you determine if Hantec Trader is right for your trading goals by examining the funding model, evaluation process, account structure, and performance metrics.
What is Hantec Trader?
Established in December 2023, Hantec Trader is a brokerage firm headquartered in Mauritius. Backed by the Hantec Group and with over 30 years of experience, the company has achieved prestigious licenses from the FCA, FSC, FSA and ASIC, cementing its position as a global player in the Prop Firms industry.
Hantec Trader offers accounts with capital ranging from $2,000 to $200,000 with the ability to trade 75 financial instruments across 5 asset classes. The platform offers bi-weekly payouts, commission-free crypto trading, and profit sharing of up to 90%.
Trading products
Hantec Trader offers traders the following 5 main products:
- Forex: 86 major and minor currency pairs
- Indices: 11 indices, including US30, NAS100, SPX500, AUS200, HKG33 and A50, from the US, EU and Asia-Pacific.
- Commodities: Natural gas, gold, silver, oil (WTI and Brent) and other energy and agricultural products
- Stock CFDs: Over 1,200 stocks, such as Amazon, Apple, Google, Tesla, Microsoft and many more…
- Cryptocurrency: 14 cryptocurrency pairs
Since there are no lot or contract size limits and no tiered margin system, Hantec Trader allows for flexible trading strategies. However, the platform is limited as it does not currently support futures trading.
Rules and regulationsHantec Trader program
Trading Rules
Hantec Trader has clear, unified rules, no time constraints or stop-loss obligations. Instant Funding accounts have stricter guidelines, especially regarding automated trading and holding positions over the weekend, while One Step and Two Step accounts offer great flexibility.
Challenge Program
Express Challenge – 1 step
The Hantec Trader Express Challenge is suitable for experienced traders looking for quick capital. The program has a profit target of 10% and no limit on the number of trades or execution time. To protect the profit made, the maximum drawdown is initially reduced and then fixed when the profit reaches +6%.
Enhanced Challenge – Two steps
Traders who want to demonstrate their abilities across two stages can participate in the Challenge Enhanced. VWith a constant drawdown throughout the phase, the first phase requires a 10% return and the second phase 5%. This challenge offers more flexibility in the two-phase model without requiring a minimum number of trading days.
Instant Funding
With the Instant Funding account, traders have easy and direct access to simulated capital. This account has a maximum daily loss of 6% and a drawdown of 6%, locked in when profits reach +6%, although there is no profit target requirement. However, Instant Funding does not support scalping and has restrictions on weekends and news trading.
Scaling strategy
Hantec Trader offers a transparent and repeatable scaling path for evaluation accounts, with a maximum capital of up to $200,000. However, Instant Funding accounts are not eligible for scaling. The scaling program mechanism is designed to encourage consistent trading performance.
- Choose any challenge level to start with, such as $10,000 or $25,000.
- Complete the test (Express or Enhanced).
- Choose from: Open an account with funds at your current level or repeat the free challenge to upgrade to the next account level ($10,000 to $25,000).
- To increase your account balance to $200,000, continue with this step.
Prorated accounts retain the same profit sharing and cashback terms as your original account, and there is no time limit between steps.
Trading Platform
Hantec Trader offers maximum flexibility by supporting both the popular MT4 and MT5 platforms. MT4 is popular among EA and manual traders thanks to its simple, user-friendly interface. For those looking to maximize trading performance, MT5 offers a wider range of order types and sophisticated analytical tools.
Real-time price data is available on MT4 and MT5, which are compatible with web browsers, mobile devices, and desktops. However, you will not be able to switch between the two trading platforms you initially selected once the challenge begins.
Hantec Transaction Fees
In addition to a fixed commission per lot traded, Hantec Trader also applies a raw spread model. The platform does not apply any usage or data fees, nor does it charge for specific markets. However, the lack of information about liquidity providers and average spreads limits transparency.
Fee Spread
For forex trading, Hantec Trader offers raw spreads, which give you access to prices that are close to real market prices. This is great for scalpers and high-frequency traders. However, the platform does not provide average spread data for popular currency pairs, such as gold or EUR/USD, making it difficult to make direct comparisons with other firms.
Commission Fee
The round-trip commission that Hantec Trader charges per lot varies depending on the asset class. While commodities, indices, and cryptocurrencies have very low or no fees, forex and metals are traded at $5 per lot. Furthermore, traders can easily manage their total costs as there are no platform or data fees.
Payment and profit distribution
Depending on the program and add-ons, Hantec Trader offers weekly, bi-weekly or monthly profit payouts. Profit withdrawal requests are processed quickly within 1–2 business days and there is no minimum payout requirement.
Deposit and withdrawal
The basic one-time fee structure adopted by Hantec Trader ranges from $49 to $1,999 depending on the account size. There are no platform fees, no hidden costs, and no recurring subscriptions or renewals. The site accepts a variety of payment options, such as PayPal, bank transfer, Apple Pay, cryptocurrencies, and credit/debit cards.
Profit Withdrawal Policy
You will be eligible to receive payments according to the flexible withdrawal schedule provided by Hantec Trader upon completion of the challenge or using the Instant Deposit account.
- First Payment: Can be requested whenever you want, as long as there are no pending orders or open trades.
- One-Step and Two-Step Accounts: If you have the Bi-Weekly Payments add-on, you can default to payments every 14 days or every 30 days.
- Instant Deposit: Weekly payout facility allows to withdraw profits every 1 or 14 days.
Within 1 to 2 business days, Hantec Trader processes withdrawal requests made via PayPal, bank transfer or cryptocurrency. While the platform has a buffer rule that locks the new maximum withdrawal amount into the balance after each withdrawal, there is no minimum withdrawal limit.
Customer Support
Hantec Trader offers professional customer support via Discord, live chat, and email. When contacted, the team responds quickly and efficiently. Support is available five days a week, 24/7, but not on weekends.
While Hantec Trader offers solid live support, there isn’t much in the way of documentation. For beginners who need a clear learning path, the lack of user guides, webinars, and strategy material on the platform – beyond a basic FAQ – can be a challenge.
With over 3,500 members in its vibrant Discord community and over 9,800 followers on Twitter, Hantec Trader is a platform where traders regularly exchange payouts, stories, and direct messages with the support team. Along with providing users with real-time activity updates, the platform regularly hosts challenges and rewards.
Hantec Trader Review Is It Really Trustworthy?
Hantec Trader Limited (MU) and Hantec Markets Limited are two completely separate legal entities, although Hantec Trader is supported by Hantec Markets – a financial company licensed by the FCA. This means that Hantec Trader is not under the supervision of the FCA and does not engage in regulated financial activities.
The downsides are 1:1 crypto leverage, limited educational material, and lack of data on average spreads. However, Hantec Trader is still suitable for traders who value autonomy and control thanks to its clear fee structure and prompt support.
Additionally, Hantec Trader has received 340 reviews on Trustpilot, earning a Trustscore of 4.4/5. Most users appreciate the fast payouts, attentive customer service, and simple deposit process. Notably, Hantec Trader usually responds to negative reviews within a week, with around 95% of them being resolved.
Through the article Hantec Trader Review. Realizing that, as a broker-supported proprietary trading company, Hantec Trader offers the flexibility of a funding model along with the security of a reputable broker. However, any field has potential risks, requiring investors to consider carefully before making a decision.