Choicetrade
Hantec Markets
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Overview
Choicetrade was founded in 2009 and is headquartered in United States, while Hantec Markets was established in 1990 and is based in UK, Hong Kong. Choicetrade holds licences including Unregulated, while Hantec Markets is regulated by Financial Conduct Authority (FCA) among others. Choicetrade serves 10,000+ clients worldwide; Hantec Markets has 10,000+. The minimum deposit is $250 at Choicetrade and $1000 at Hantec Markets.
| Feature | Choicetrade | Hantec Markets |
|---|---|---|
| Min. Deposit | $250 | $1000 |
| Regulation | Unregulated | Financial Conduct Authority (FCA) |
| Founded | 2009 | 1990 |
| Country | United States | UK, Hong Kong |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Choicetrade and Hantec Markets, directly affecting your bottom line as a trader. Hantec Markets has a lower barrier to entry with a minimum deposit of $1000 (vs $250 at Choicetrade). Choicetrade charges withdrawal fees while Hantec Markets does not, a notable advantage for frequent withdrawers. Overall, Hantec Markets scores higher on fees in our assessment.
| Feature | Choicetrade | Hantec Markets |
|---|---|---|
| Min. Deposit | $250 | $1000 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Choicetrade offers MT4, MT5, cTrader, while Hantec Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | Choicetrade | Hantec Markets |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | cTrader, SocialTrading, copyTrading, webPlatform, DesktopPlatform, Proprietary . | MT4, Mac, Web Trader, Currenex, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Choicetrade and Hantec Markets compare. The two brokers are evenly matched on educational content.
| Feature | Choicetrade | Hantec Markets |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Choicetrade accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Hantec Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Choicetrade | Hantec Markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Choicetrade and Hantec Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Choicetrade | Hantec Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |