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Hantec Markets logo

Hantec Markets

5.6/10

PaxForex

7.6/10
7/10WinnerRegulation6/10
1/10FeesWinner10/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner7.5/10
10/10SupportTied10/10

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Overview

Hantec Markets was founded in 1990 and is headquartered in UK, Hong Kong, while PaxForex was established in 2011 and is based in Saint Vincent and the Grenadines. Hantec Markets holds licences including Financial Conduct Authority (FCA), while PaxForex is regulated by Financial Services Authority (FSA) among others. Hantec Markets serves 10,000+ clients worldwide; PaxForex has 350+. The minimum deposit is $1000 at Hantec Markets and $10 at PaxForex.

PaxForex wins this category
FeatureHantec MarketsPaxForex
Min. Deposit$1000$10
RegulationFinancial Conduct Authority (FCA)Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825
Founded19902011
CountryUK, Hong KongSaint Vincent and the Grenadines
Clients10,000+350+

Fees

Fees are a critical factor when choosing between Hantec Markets and PaxForex, directly affecting your bottom line as a trader. PaxForex has a lower barrier to entry with a minimum deposit of $10 (vs $1000 at Hantec Markets). PaxForex charges withdrawal fees while Hantec Markets does not, giving Hantec Markets an edge for frequent withdrawers. PaxForex charges deposit fees; Hantec Markets does not. Overall, PaxForex scores higher on fees in our assessment.

PaxForex wins this category
FeatureHantec MarketsPaxForex
Min. Deposit$1000$10
Withdrawal FeesNoYes
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesNoNo

Platforms

Hantec Markets offers MT4, MT5, cTrader, while PaxForex supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. PaxForex supports social and copy trading features, which Hantec Markets does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureHantec MarketsPaxForex
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Mac, Web Trader, Currenex, Tablet & Mobile appsWeb, iPad, mac, Desktop, iPhone iOS

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Hantec Markets and PaxForex compare. PaxForex runs regular live webinars; Hantec Markets does not. PaxForex has a video library; Hantec Markets does not. PaxForex publishes daily market commentary; Hantec Markets does not. PaxForex integrates third-party research tools (Trading Central, Autochartist); Hantec Markets does not. PaxForex maintains an archive of past webinars for on-demand viewing. PaxForex scores higher overall in education and research.

PaxForex wins this category
FeatureHantec MarketsPaxForex
Forex EducationNoYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoYes

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 PaxForex supports 4 (bank transfer, credit/debit card, Skrill, Neteller). PaxForex uniquely supports Skrill and Neteller among the two brokers. PaxForex scores higher on deposit and withdrawal flexibility.

PaxForex wins this category
FeatureHantec MarketsPaxForex
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoYes
NetellerNoYes

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 PaxForex offer live chat support. Both provide phone support. Email support is available at both brokers. Hantec Markets supports 2 languages and PaxForex supports 15, giving PaxForex broader global reach. Both brokers are comparable on support quality.

Tied
FeatureHantec MarketsPaxForex
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian