fx open
Hantec Markets
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Overview
fx open was founded in 2019 and is headquartered in Puerto Rico, 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. fx open serves 60,000+ clients worldwide; Hantec Markets has 10,000+. The minimum deposit is $250 at fx open and $1000 at Hantec Markets.
| Feature | fx open | Hantec Markets |
|---|---|---|
| Min. Deposit | $250 | $1000 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F238 | Financial Conduct Authority (FCA) |
| Founded | 2019 | 1990 |
| Country | Puerto Rico | UK, Hong Kong |
| Clients | 60,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between fx open 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 fx open). Neither broker charges withdrawal fees. The two brokers are broadly comparable on fee structure.
| Feature | fx open | Hantec Markets |
|---|---|---|
| Min. Deposit | $250 | $1000 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
fx open 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 | fx open | 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, MT5, Mac, ZuluTrade, Web Trader, cTrader, 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 fx open and Hantec Markets compare. fx open runs regular live webinars; Hantec Markets does not. fx open has a video library; Hantec Markets does not. fx open publishes daily market commentary; Hantec Markets does not. fx open integrates third-party research tools (Trading Central); Hantec Markets does not. fx open maintains an archive of past webinars for on-demand viewing. fx open scores higher overall in education and research.
| Feature | fx open | Hantec Markets |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. fx open accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Hantec Markets supports 2 (bank transfer, credit/debit card). fx open uniquely supports PayPal and Skrill and Neteller among the two brokers. fx open scores higher on deposit and withdrawal flexibility.
| Feature | fx open | Hantec Markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both fx open and Hantec Markets offer live chat support. Both provide phone support. Email support is available at both brokers. fx open supports 8 languages and Hantec Markets supports 2, giving fx open broader global reach. Both brokers are comparable on support quality.
| Feature | fx open | Hantec Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, and Chinese |