Hantec Markets
WellsTrade
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Hantec Markets was founded in 1990 and is headquartered in UK, Hong Kong, while WellsTrade was established in 2008 and is based in United States. Hantec Markets holds licences including Financial Conduct Authority (FCA), while WellsTrade is regulated by Unregulated among others. Hantec Markets serves 10,000+ clients worldwide; WellsTrade has 10,000+. The minimum deposit is $1000 at Hantec Markets and $30 at WellsTrade.
| Feature | Hantec Markets | WellsTrade |
|---|---|---|
| Min. Deposit | $1000 | $30 |
| Regulation | Financial Conduct Authority (FCA) | Unregulated |
| Founded | 1990 | 2008 |
| Country | UK, Hong Kong | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Hantec Markets and WellsTrade, directly affecting your bottom line as a trader. Hantec Markets has a lower barrier to entry with a minimum deposit of $1000 (vs $30 at WellsTrade). Neither broker charges withdrawal fees. Overall, WellsTrade scores higher on fees in our assessment.
| Feature | Hantec Markets | WellsTrade |
|---|---|---|
| Min. Deposit | $1000 | $30 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Hantec Markets offers MT4, MT5, cTrader, while WellsTrade 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 | WellsTrade |
|---|---|---|
| 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 | iPhone,Tablet,Mac,Android,WEB |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Hantec Markets and WellsTrade compare. The two brokers are evenly matched on educational content.
| Feature | Hantec Markets | WellsTrade |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | No |
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 WellsTrade supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Hantec Markets | WellsTrade |
|---|---|---|
| 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 WellsTrade 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 | WellsTrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |