The trading frenzy between Retail FX and CFDs brokers continues, with London/Hong Kong-based Hantec Group announcing the launch of Hantec Trader, its proprietary trading company.
Hantec Trader will offer proprietary trading accounts backed by Hantec Markets, a Mauritius-based brokerage firm.
The company said Hantec Trader will allow both aspiring and experienced traders to trade a wide range of asset classes on a live trading account where the company provides the balance. Hantec Trader gives traders the opportunity to trade the markets, develop their strategies and earn without any downside risk.
Traders will need to pass a certification course by completing either the “Enhanced Challenge” or the “Express Challenge” to qualify for a live trading account with a balance of up to $200,000.
Upon passing any Challenge of their choice, traders will be able to trade with ultra-low commissions and spreads on a live account using the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms and keep up to 90% of their profits . They will also have access to a dashboard that provides data and useful information to create effective trading strategies.
Andrew Speakman, Sales Director of Hantec Trader said:
“The launch of Hantec Trader embodies our goal of extending financial freedom and empowerment to a global audience by enabling a low-risk, low-cost way for individuals to participate in global financial markets.
“Given our group’s position as an established player in the financial space with over 33 years of history and experience and regulated by some of the world’s most trusted financial regulators, traders can engage in profitable strategies with the confidence and trust that their transactions will be executed with the best possible result.”
Hantec Markets is controlled by former ODL Securities and Rosenthal Collins executive Bashir Nurmohamed. Mr Nurmohamed founded the broker in 2010 with the backing of Hong Kong-based Hantec Group founder Tang Yu Lap.