Hantec Markets
mgk global
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Overview
Hantec Markets was founded in 1990 and is headquartered in UK, Hong Kong, while mgk global was established in 2011 and is based in Cayman Islands. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Hantec Markets serves 10,000+ clients worldwide; mgk global has 10,000+. The minimum deposit is $1000 at Hantec Markets and $250 at mgk global.
| Feature | Hantec Markets | mgk global |
|---|---|---|
| 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-F278 |
| Founded | 1990 | 2011 |
| Country | UK, Hong Kong | Cayman Islands |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Hantec Markets and mgk global, 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 mgk global). mgk global charges withdrawal fees while Hantec Markets does not, giving Hantec Markets an edge for frequent withdrawers. mgk global charges deposit fees; Hantec Markets does not. Overall, Hantec Markets scores higher on fees in our assessment.
| Feature | Hantec Markets | mgk global |
|---|---|---|
| Min. Deposit | $1000 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Hantec Markets offers MT4, MT5, cTrader, while mgk global supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | Hantec Markets | mgk global |
|---|---|---|
| MT4 | Yes | Yes |
| 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 mgk global compare. mgk global runs regular live webinars; Hantec Markets does not. mgk global has a video library; Hantec Markets does not. mgk global publishes daily market commentary; Hantec Markets does not. mgk global integrates third-party research tools (Trading Central, Autochartist); Hantec Markets does not. mgk global maintains an archive of past webinars for on-demand viewing. mgk global scores higher overall in education and research.
| Feature | Hantec Markets | mgk global |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| 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 mgk global supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). mgk global uniquely supports PayPal and Skrill and Neteller among the two brokers. mgk global scores higher on deposit and withdrawal flexibility.
| Feature | Hantec Markets | mgk global |
|---|---|---|
| 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 mgk global offer live chat support. Both provide phone support. Email support is available at both brokers. Hantec Markets supports 2 languages and mgk global supports 8, giving mgk global broader global reach. Both brokers are comparable on support quality.
| Feature | Hantec Markets | mgk global |
|---|---|---|
| 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 |