First Trade
Hantec Markets
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Overview
First Trade was founded in 2008 and is headquartered in USA, while Hantec Markets was established in 1990 and is based in UK, Hong Kong. First Trade holds licences including Securities and Exchange Commission (SEC), while Hantec Markets is regulated by Financial Conduct Authority (FCA) among others. First Trade serves 10,000+ clients worldwide; Hantec Markets has 10,000+. The minimum deposit is $5 at First Trade and $1000 at Hantec Markets.
| Feature | First Trade | Hantec Markets |
|---|---|---|
| Min. Deposit | $5 | $1000 |
| Regulation | Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) | Financial Conduct Authority (FCA) |
| Founded | 2008 | 1990 |
| Country | USA | UK, Hong Kong |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between First Trade 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 $5 at First Trade). First Trade charges withdrawal fees while Hantec Markets does not, a notable advantage for frequent withdrawers. First Trade charges deposit fees; Hantec Markets does not. Overall, First Trade scores higher on fees in our assessment.
| Feature | First Trade | Hantec Markets |
|---|---|---|
| Min. Deposit | $5 | $1000 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
First Trade 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 | First Trade | 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 | 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 First Trade and Hantec Markets compare. First Trade runs regular live webinars; Hantec Markets does not. First Trade has a video library; Hantec Markets does not. First Trade publishes daily market commentary; Hantec Markets does not. First Trade integrates third-party research tools (Trading Central, Autochartist); Hantec Markets does not. First Trade maintains an archive of past webinars for on-demand viewing. First Trade scores higher overall in education and research.
| Feature | First Trade | Hantec Markets |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. First Trade 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 | First Trade | 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 First Trade 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 | First Trade | Hantec Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |