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Hantec Trader Review 2024

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Hantec Trader Review 2024
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Your Capital is at risk.

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:Hantec Trader
Founded:2023
Headquarter:Mauritius
Min Price:$39
Max Fund:$200,000
Challenges:2
About
Hantec Trader is a branch of Hantec Group that focuses on providing funded accounts up to $200,000 for retail traders. challenge pricing ranges from $39 to $999 with a max daily drawdown of 5% and a max total loss of 10%. The firm offers trading Forex, Crypto, Indices, Bullion, and Commodities with leverage up to 1:50 through its Express (1-Step) and Enhanced (2-Step) evaluation programs.
Contact
Suite 201, The Catalyst, Cybercity, Ebène, 72201, Mauritius
Rank and Score
Pros and Cons
Withdrawal Payments
Instruments
Pros
Flexible challenges (1-Step and 2-Step)
Risk-free trading
High profit split up to 90%
Reputable brokerage partner
Cons
Limited scaling option compared to other firms
Initial profit split of 75%
Lack of 24/7 customer support
Upfront costs

Hantec Trader offers funded accounts, ranging from $2K to $200K, to trade Currencies, Metals, Indices, and more. What are the scaling and challenge conditions on the Hantec Trader prop firm?

We’ll explore the funded accounts, pricing, scaling plan (up to $200K), challenge rules (drawdown limitations), profit split (up to 90%), financial markets, and many more in this Hantec Trader review.

Hantec Trader (Company Information)

Hantec Trader
A proprietary trading firm powered by Hantec Markets broker with over 30 years of experience

Hantec Trader, founded in December 2023, is a Mauritius-based prop firm. The company is backed by the Hantec Group, a global financial services provider with FCA, FSC, FSA, and ASIC regulatory licenses and over 30 years of experience in the industry. Key features of Hantec Trader:

  • Live trading accounts with profit-sharing of up to 90%;
  • Refundable Registration fee;
  • A wide range of tradable assets;
  • Tight spreads and fast execution powered by Hantec Markets;
  • Scaling opportunities up to $200,000 account balance;
  • 24/5 customer support.

Hantec Trader Specific Features

Hantec Trader, as a prop trading brand under the Hantec Group (founded in 1990 in Hong Kong) umbrella, offers a unique blend of features that cater to novice and experienced traders.

Account currency

USD

Minimum price

$39

Maximum leverage

1:50

Maximum profit split

Up to 90% (add-on)

Instruments

Forex, Indices, Bullion, Commodities, Crypto

Assets

75

Evaluation steps

Express (1-Step), Enhanced (2-Step)

Withdrawal methods

Credit/Debit Cards, Apple Pay, Google Pay, Crypto Chill, PayPal

Maximum fund size

$200,000

First profit target

10%

Max. daily loss

5%

Challenge time limit

Unlimited

News trading

Yes

Maximum total drawdown

10%

Trading platforms

MT4, MT5

Commission

Variable based on the instruments

TrustPilot score

4.7

Payout frequency

Monthly

Established country

Mauritius

Hantec Trader Prop Firm Funded Accounts and their Pricing

The firm offers a range of funded account options through its Challenge program, including two main plans: 1-Step and 2-Step.

Funded Account

Express (1-Step)

Enhanced (2-Step)

$2K

$39

-

$5K

$59

$49

$10K

$99

$89

$25K

$199

$179

$50K

$319

$299

$100K

$529

$499

$200K

$999

$969

Hantec Trader Registration and ID Verification

Becoming a Hantec Trader involves a straightforward registration and verification process. Note that KYC is necessary to get funded on this prop firm.

Hantec Trader Prop Firm Registration
You must be at least 18 years old to be eligible for a funded account
  1. Visit the prop firm’s official website at “https://htrader.com/”;
  2. Click “Sign Up Now”;
  3. Select the challenge (Enhanced or Express);
  4. Choose the trading platform (MetaTrader 4 or MetaTrader 5);
  5. Select account size;
  6. Pay for the challenge;
  7. Provide proof of identity (passport or driving license) and proof of address (utility bill or bank statement).

Hantec Trader Challenge Rules and Conditions

We must discuss drawdown limitation and profit target rules in this Hantec Trader review. Express and Enhanced challenges differ in regard to trading conditions.

Conditions

Express (1-Step)

Enhanced (2-Step)

Duration

Unlimited

Unlimited

Min Trading Days

0

0

Max Daily Loss

5%

5% / 5%

Max Total Drawdown

6%

10% / 10%

Profit Target

10%

10% / 5%

Leverage

1:50

1:50

Hantec Trader Prop Firm Promotions and Discount Codes

The firm doesn’t have traditional bonus plans like welcome gifts. However, it offers seasonal discount codes and a dedicated Affiliate program with exclusive features, including:

  • Commissions ranging from 10% - 15% of the total value of the purchased challenge;
  • Tiered structure with three levels, including Silver (10%), Gold (12.5%), Platinum (15%);
  • A dedicated Affiliate Portal.

Hantec Trader Trading Platforms

The firm leverages robust and widely used MetaTrader platforms to provide a seamless trading experience for its prop traders.

MetaTrader 4 (MT4)

MetaTrader 5 (MT5)

Deposit/Withdrawal on Hantec Trader

The firm provides a straightforward process for deposits and withdrawals, ensuring traders can manage their funds efficiently. Available payment options on Hantec Trader:

  • Credit/Debit Cards;
  • Apple Pay;
  • Google Pay;
  • Crypto Chill;
  • PayPal.
Hantec Trader Payment Methods
Initial withdrawal frequency is monthly. However, you can purchase an add-on to be able to withdraw profits bi-weekly

Hantec Trader Prop Firm Fee Structure

The company operates traders’ orders through Hantec Markets and offers a competitive fee structure designed to minimize trading costs. While the spreads are charged by the broker, Hantec Trader charges commissions, which vary based on the instrument.

Asset Class

Commission (per lot)

Spreads

Forex

$5

From 0.00009 pips

Bullion

$5

From 0.03000 pips

Indices

$0

From 1.00000 pips

Commodities

$1

0.05000 pips

Crypto

$0

N/A

Hantec Trader Prop Firm User Satisfaction

Trust Score is one of the most important topics in this Hantec Trader review. the firm has garnered attention in the proprietary trading firm space, offering traders the unique opportunity to trade live markets using its capital.

The company has received a Trust score of 4.7 out of 5.0 on TrustPilot. The reputation of its mother company, Hantec Group, also adds to its credibility.

Hantec Trader Customer Support

Customer support is a crucial aspect of any trading platform, and Hantec Trader recognizes its importance by providing 24/5 multilingual support through various channels, including:

Email

support@htrader.com

Live Chat

Accessible on the official website

Ticket

Available on the “Contact Us” page

Is Hantec Trader Active on Social Media Platforms?

Being active on social media shows the firm’s commitment to creating a community with its users. Hantec Trader has profiles on various social platforms, including:

  • Facebook: https://www.facebook.com/hantectrader/
  • Twitter (X): https://twitter.com/HantecTrader
  • Instagram: https://www.instagram.com/hantectrader/
  • Discord: https://discord.gg/uZEBW7uJT2
  • Telegram: https://t.me/hantec_trader
  • LinkedIn: https://www.linkedin.com/company/hantectrader/
Hantec Trader Prop Firm on Social Media
According to Hantec Trader’s LinkedIn profile, the firm has less than ten employees

Expert Suggestions

Hantec Trader is a proprietary trading firm operating under the Hantec Group. The company provides retail traders with trading capital of up to $200,000 and enables them to trade various markets, from Forex to Crypto.

Hantec Trader prop firm has a 4.7 trust score on TrustPilot and seems to be a reliable funding company. Share your thoughts about the Hantec Trader review in the comments.

FAQs

What is the minimum challenge price?

You can purchase a $2,000 funded account for $39.

Does Hantec Trader offer cryptocurrency trading?

The firm provides 14 crypto assets, such as BTC, DOG, ADA, DOT, and UNI, for trading with no commissions.

How long does it take to withdraw profits?

you can request withdrawals once every 14 days if you have purchased the Bi-Weekly Payouts add-on. Otherwise, it is once every 30 days.

What trading platforms does Hantec Trader support?

You can use popular platforms like MetaTrader 4 and 5.

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