City Index
Hantec Markets
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Overview
City Index was founded in 1983 and is headquartered in UK, while Hantec Markets was established in 1990 and is based in UK, Hong Kong. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. City Index serves 14,000+ clients worldwide; Hantec Markets has 10,000+. The minimum deposit is $25 at City Index and $1000 at Hantec Markets.
| Feature | City Index | Hantec Markets |
|---|---|---|
| Min. Deposit | $25 | $1000 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS) | Financial Conduct Authority (FCA) |
| Founded | 1983 | 1990 |
| Country | UK | UK, Hong Kong |
| Clients | 14,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between City Index 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 $25 at City Index). City Index charges withdrawal fees while Hantec Markets does not, a notable advantage for frequent withdrawers. City Index applies inactivity fees on dormant accounts; Hantec Markets does not. City Index charges deposit fees; Hantec Markets does not. Overall, City Index scores higher on fees in our assessment.
| Feature | City Index | Hantec Markets |
|---|---|---|
| Min. Deposit | $25 | $1000 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
City Index offers MT4, MT5, cTrader, while Hantec Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. City Index supports social and copy trading features, which Hantec Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | City Index | 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 | MT4, Web Trader, Tablet & Mobile apps | 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 City Index and Hantec Markets compare. The two brokers are evenly matched on educational content.
| Feature | City Index | 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. City Index accepts 3 of the tracked payment methods (bank transfer, credit/debit card, PayPal), while Hantec Markets supports 2 (bank transfer, credit/debit card). City Index uniquely supports PayPal among the two brokers. City Index scores higher on deposit and withdrawal flexibility.
| Feature | City Index | Hantec Markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | 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 City Index and Hantec Markets offer live chat support. Both provide phone support. Email support is available at both brokers. City Index supports 6 languages and Hantec Markets supports 2, giving City Index broader global reach. Both brokers are comparable on support quality.
| Feature | City Index | Hantec Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, German, Arabic, Polish, and Chinese | English, and Chinese |