Hantec Markets
merrill edge
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Overview
Hantec Markets was founded in 1990 and is headquartered in UK, Hong Kong, while merrill edge was established in 2010 and is based in USA. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Hantec Markets serves 10,000+ clients worldwide; merrill edge has 10,000+. The minimum deposit is $1000 at Hantec Markets and $250 at merrill edge.
| Feature | Hantec Markets | merrill edge |
|---|---|---|
| Min. Deposit | $1000 | $250 |
| Regulation | Financial Conduct Authority (FCA) | 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-F277 |
| Founded | 1990 | 2010 |
| Country | UK, Hong Kong | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Hantec Markets and merrill edge, 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 merrill edge). Neither broker charges withdrawal fees. The two brokers are broadly comparable on fee structure.
| Feature | Hantec Markets | merrill edge |
|---|---|---|
| Min. Deposit | $1000 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Hantec Markets offers MT4, MT5, cTrader, while merrill edge supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. merrill edge supports social and copy trading features, which Hantec Markets does not offer. Hantec Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | Hantec Markets | merrill edge |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Mac, Web Trader, Currenex, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Hantec Markets and merrill edge compare. merrill edge has a video library; Hantec Markets does not. merrill edge integrates third-party research tools (Autochartist); Hantec Markets does not. merrill edge scores higher overall in education and research.
| Feature | Hantec Markets | merrill edge |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Hantec Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while merrill edge supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). merrill edge uniquely supports PayPal and Skrill and Neteller among the two brokers. merrill edge scores higher on deposit and withdrawal flexibility.
| Feature | Hantec Markets | merrill edge |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Hantec Markets and merrill edge offer live chat support. Both provide phone support. Email support is available at both brokers. Hantec Markets supports 2 languages and merrill edge supports 8, giving merrill edge broader global reach. Both brokers are comparable on support quality.
| Feature | Hantec Markets | merrill edge |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |