Hantec Markets
Saxo Markets
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Overview
Hantec Markets was founded in 1990 and is headquartered in UK, Hong Kong, while Saxo Markets was established in 2012 and is based in Denmark. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Hantec Markets serves 10,000+ clients worldwide; Saxo Markets has 10,000+. The minimum deposit is $1000 at Hantec Markets and $6500 at Saxo Markets.
| Feature | Hantec Markets | Saxo Markets |
|---|---|---|
| Min. Deposit | $1000 | $6500 |
| Regulation | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA) |
| Founded | 1990 | 2012 |
| Country | UK, Hong Kong | Denmark |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Hantec Markets and Saxo Markets, directly affecting your bottom line as a trader. Hantec Markets has a lower barrier to entry with a minimum deposit of $1000 (vs $6500 at Saxo Markets). Saxo Markets charges withdrawal fees while Hantec Markets does not, giving Hantec Markets an edge for frequent withdrawers. Saxo Markets applies inactivity fees on dormant accounts; Hantec Markets does not. Overall, Hantec Markets scores higher on fees in our assessment.
| Feature | Hantec Markets | Saxo Markets |
|---|---|---|
| Min. Deposit | $1000 | $6500 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Hantec Markets offers MT4, MT5, cTrader, while Saxo Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Saxo Markets supports social and copy trading features, which Hantec Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | Hantec Markets | Saxo 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, Mac, Web Trader, Currenex, Tablet & Mobile apps | Mac, Web Trader, 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 Saxo Markets compare. Saxo Markets has a video library; Hantec Markets does not. Saxo Markets integrates third-party research tools (Autochartist); Hantec Markets does not. Saxo Markets scores higher overall in education and research.
| Feature | Hantec Markets | Saxo Markets |
|---|---|---|
| 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 Saxo Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Hantec Markets | Saxo 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 Hantec Markets and Saxo 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 | Hantec Markets | Saxo Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |