Hantec Markets
Velocity Trade
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Overview
Hantec Markets was founded in 1990 and is headquartered in UK, Hong Kong, while Velocity Trade was established in 2007 and is based in Australia. Hantec Markets holds licences including Financial Conduct Authority (FCA), while Velocity Trade is regulated by Australian Securities & Investment Commission (ASIC) among others. Hantec Markets serves 10,000+ clients worldwide; Velocity Trade has 10,000+. The minimum deposit is $1000 at Hantec Markets and $1 at Velocity Trade.
| Feature | Hantec Markets | Velocity Trade |
|---|---|---|
| Min. Deposit | $1000 | $1 |
| Regulation | Financial Conduct Authority (FCA) | Australian Securities & Investment Commission (ASIC), BaFIN (German Federal Financial Services Authority ID: 10159853), Financial Markets Authority (FMA) of New Zealand, Financial Sector Conduct Authority of South Africa (FSCA) FSP No. 43295, Financial Conduct Authority (FCA Registered Number 497263) |
| Founded | 1990 | 2007 |
| Country | UK, Hong Kong | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Hantec Markets and Velocity Trade, directly affecting your bottom line as a trader. Velocity Trade has a lower barrier to entry with a minimum deposit of $1 (vs $1000 at Hantec Markets). Neither broker charges withdrawal fees. Velocity Trade applies inactivity fees on dormant accounts; Hantec Markets does not. Overall, Velocity Trade scores higher on fees in our assessment.
| Feature | Hantec Markets | Velocity Trade |
|---|---|---|
| Min. Deposit | $1000 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Hantec Markets offers MT4, MT5, cTrader, while Velocity Trade supports MT4. Both brokers provide mobile trading apps for iOS and Android. Hantec Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | Hantec Markets | Velocity Trade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | No |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Mac, Web Trader, Currenex, Tablet & Mobile apps | MT4, Mobile Apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Hantec Markets and Velocity Trade compare. Velocity Trade runs regular live webinars; Hantec Markets does not. Velocity Trade has a video library; Hantec Markets does not. Velocity Trade publishes daily market commentary; Hantec Markets does not. Velocity Trade integrates third-party research tools (Trading Central, Autochartist); Hantec Markets does not. Velocity Trade maintains an archive of past webinars for on-demand viewing. Velocity Trade scores higher overall in education and research.
| Feature | Hantec Markets | Velocity Trade |
|---|---|---|
| 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 Velocity Trade supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Hantec Markets | Velocity Trade |
|---|---|---|
| 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 Velocity Trade 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 | Velocity Trade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |