Hantec Trader – Firm Review
- Part of the Famous Hantec Group
- A wide range of asset classes
- Scale up at no additional cost, up to $200K
- Tight spreads and real market like conditions
- Instant Funding
Company Overview
Hantec Trader is an innovative prop trading firm established by the Hantec Group, a globally recognized financial services provider with over 30 years of experience in the industry. The company offers aspiring traders the opportunity to access significant trading capital through their structured challenge programs, without requiring substantial personal investment. What sets Hantec Trader apart is its connection to a regulated broker with a long-standing reputation, providing an added layer of credibility and security for traders.
Their two-phase evaluation process—Challenge and Verification—is designed to identify disciplined, consistent traders who can demonstrate profit potential while adhering to risk management protocols. Once funded, traders can benefit from profit splits up to 90%, with opportunities for account scaling and additional capital allocation. With competitive fee structures, various account sizes ranging from $10,000 to $200,000, and access to multiple financial markets, Hantec Trader presents a compelling option for both novice and experienced traders seeking to advance their trading careers.
Key Features at a Glance
Challenge Fees
- Standard Challenge – One-time fee ranging from $99 to $599 based on account size, providing access to their traditional two-phase evaluation program
- Professional Challenge – One-time fee ranging from $199 to $899 for account sizes, offering more flexible trading conditions for experienced traders
- Reset Fee – $49 to $149 fee to restart a challenge if account rules are violated, rather than purchasing an entirely new challenge
- No monthly fees for funded accounts – Once funded, traders don’t pay recurring subscription fees
Account Types
- Standard Challenge: Traditional evaluation process with 8% profit target in Challenge phase and 5% in Verification phase, featuring standard risk parameters
- Professional Challenge: Designed for experienced traders with a 10% profit target in Challenge phase and 5% in Verification phase, with more relaxed trading conditions
- Funded Account: Live trading account with real capital after successful completion of both evaluation phases, with profit splits paid out regularly
Profit Split Options
- Initial Profit Split: 80% for the trader and 20% for Hantec Trader on all funded accounts
- Scaling Plan: Increases to 90% trader profit split after consistent performance and meeting specific milestones
- Consistent Payout Schedule: Bi-weekly profit withdrawals available for all funded traders
- No profit targets or time restrictions on funded accounts for profit withdrawals
Account Sizes
- $10,000: Entry-level account with a one-time fee of $99 for Standard and $199 for Professional Challenge
- $25,000: Medium-sized account with a one-time fee of $199 for Standard and $299 for Professional Challenge
- $50,000: Advanced account with a one-time fee of $299 for Standard and $399 for Professional Challenge
- $100,000: Professional account with a one-time fee of $499 for Standard and $699 for Professional Challenge
- $200,000: Expert account with a one-time fee of $599 for Standard and $899 for Professional Challenge
Trading Platforms
- MetaTrader 4 (MT4): Industry-standard platform offering comprehensive charting tools, technical indicators, and customizable features
- MetaTrader 5 (MT5): Advanced next-generation platform with enhanced features, improved speed, and access to more markets
- Mobile Trading Apps: Full-featured mobile applications for both MT4 and MT5, allowing trading on-the-go
- Web Trader: Browser-based trading solution requiring no downloads, providing convenient access from any device
Financial Markets
- Forex: Major, minor, and exotic currency pairs with competitive spreads
- Indices: Global stock market indices including S&P 500, NASDAQ, FTSE, DAX, and others
- Commodities: Trading opportunities in gold, silver, oil, natural gas, and agricultural products
- Cryptocurrencies: Access to major cryptocurrencies including Bitcoin, Ethereum, and other popular digital assets
Challenge Programs Detail
Standard Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | 30 days | 60 days |
| Profit Target | 8% | 5% |
| Daily Drawdown | 5% | 5% |
| Maximum Drawdown | 10% | 10% |
| Minimum Trading Days | 10 days | 10 days |
Professional Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | 30 days | 60 days |
| Profit Target | 10% | 5% |
| Daily Drawdown | 6% | 6% |
| Maximum Drawdown | 12% | 12% |
| Minimum Trading Days | 10 days | 10 days |
Challenge Specifications
- Max Allocation: Up to $400,000 after proving consistent performance with smaller accounts
- Scaling: Account size can be doubled after three consecutive months of profitable trading with at least 5% profit each month
- Trading Competitions: Monthly competitions with cash prizes and additional capital allocations for top-performing traders
- Free Trial: 7-day demo account available to test the platform before purchasing a challenge
- Profit Targets: 8% in Standard Challenge phase, 5% in Standard Verification phase; 10% in Professional Challenge phase, 5% in Professional Verification phase
- Drawdown Structure:
- Daily: 5% for Standard, 6% for Professional challenges based on starting balance
- Maximum: 10% for Standard, 12% for Professional challenges based on starting balance
- Trailing: No trailing drawdown mechanism, providing more flexibility for trading strategies
Trading Rules and Requirements
- No overnight holding of positions on specific high-risk instruments (listed in terms)
- No excessive leverage trading – max lot sizes based on account balance
- Minimum 10 trading days required in both Challenge and Verification phases
- News trading is allowed, but with caution around high-impact economic events
- EAs (Expert Advisors) and algorithmic trading permitted on all account types
- No hedging between different accounts or manipulative trading practices
- Trading must occur during standard market hours, no trading during low-liquidity periods
- Maximum open trade exposure limited to 5% of account balance for risk management
Company Information
- Backed by Hantec Group, established in 1990 with 30+ years of financial market experience
- Regulated by multiple financial authorities including FCA, ASIC, and CIMA
- Headquarters in London with offices in major financial centers globally
- 24/5 customer support via live chat, email, and telephone
- Educational resources including webinars, market analysis, and trading guides
- Active community forum and trader support networks
Payout Methods
- Bank Wire Transfer (3-5 business days)
- PayPal (1-2 business days)
- Skrill (24-48 hours)
- Neteller (24-48 hours)
- Cryptocurrency transfers – Bitcoin, Ethereum, USDT (1-24 hours)
- Minimum payout amount: $50
- Bi-weekly profit distribution schedule
Trading Commissions
- Forex pairs: $7 per standard lot round turn (industry competitive)
- Indices: $7-10 per standard lot depending on the index
- Commodities: $7-12 per standard lot depending on the commodity
- Cryptocurrencies: 0.05% of trade value
- No hidden fees or additional charges on funded accounts
- All commissions are automatically calculated and deducted from trading account
IP Rules
- One IP address per trader for security reasons
- VPN usage must be declared and approved in advance
- Location changes must be notified to support team
- Multiple accounts from same IP address require verification and approval
- Family members trading from same location need separate verification
- Suspicious IP activity may trigger account review or temporary suspension
Video Review
Hantec Trader Review
Comprehensive review of Hantec Trader trading services
Unique Features
Regulatory Advantage
- Backed by Hantec Group, a regulated broker with 30+ years in the industry
- Enhanced trader security and fund protection
- Compliance with international financial regulations
Trader Development
- Comprehensive educational resources with market analysis and strategy guides
- Weekly live webinars with professional traders
- One-on-one coaching sessions available for funded traders
- Trading community with forums and discussion groups
Flexible Trading Conditions
- No time limit to complete challenge phases
- Ability to reset challenges for a small fee instead of purchasing new ones
- No minimum days required before withdrawing profits on funded accounts
- No profit target on funded accounts – focus on consistent trading
Why Choose Hantec Trader?
Hantec Trader distinguishes itself in the competitive prop trading landscape by combining the power of an established, regulated financial institution with modern prop firm opportunities. This unique positioning offers traders an exceptional level of credibility and security that many newer prop firms simply cannot match.
Key advantages include:
- Regulatory backing from Hantec Group with 30+ years of financial market experience
- Transparent challenge structure with reasonable profit targets and risk parameters
- Generous profit splits up to 90% with regular bi-weekly payouts
- Clear scaling plan allowing traders to increase their capital allocation
- Comprehensive trading education and professional development resources
- Multiple account types catering to both novice and experienced traders
- Wide range of tradable instruments across multiple financial markets
- Industry-standard platforms with full mobile and web-based trading capabilities
Frequently Asked Questions
How long does it take to get funded?
Obtaining a funded account with Hantec Trader typically takes 2-4 weeks, depending on your trading performance. You must first pass the Challenge phase (requiring an 8% profit target for Standard or 10% for Professional) and then the Verification phase (requiring a 5% profit target for both). Each phase requires a minimum of 10 trading days, but there’s no maximum time limit to complete them. Once both phases are successfully completed, you’ll receive your funded account credentials within 1-2 business days.
Can I hold positions over the weekend?
Yes, you can hold most positions over the weekend with Hantec Trader. However, there are specific restrictions for certain high-volatility instruments (primarily cryptocurrencies and some exotic currency pairs) that must be closed before the weekend to manage risk. These specific instruments are clearly marked in the trading platform and outlined in the trader’s agreement. Standard positions in major forex pairs, indices, and commodities can generally be held over weekends without restrictions.
What happens if I break a rule?
If you break a trading rule during the Challenge or Verification phase, your account may be suspended or terminated depending on the severity of the violation. For minor infractions, you’ll typically receive a warning and guidance on complying with the rules. For major violations (like exceeding maximum drawdown limits or engaging in prohibited trading practices), your account will be closed. However, Hantec Trader offers a reset option for a fee ranging from $49 to $149 (depending on account size), allowing you to restart your challenge rather than purchasing an entirely new one.
Can I trade news events?
Yes, Hantec Trader permits trading during news events, which sets them apart from many other prop firms. You can implement strategies around economic data releases and market announcements. However, the platform advises caution during high-volatility news events due to potential slippage and wider spreads. Risk management rules still apply during these periods, including maximum drawdown limits. The platform provides an economic calendar highlighting major news events, allowing traders to prepare their strategies accordingly.
How often can I withdraw profits?
Funded traders at Hantec Trader can withdraw profits on a bi-weekly basis. There is no minimum trading period required before requesting withdrawals, and no profit targets need to be met on funded accounts. The minimum withdrawal amount is $50, and payouts are processed according to a regular schedule (typically the 1st and 15th of each month). Profit withdrawals do not affect your account balance for trading purposes, as the base capital remains the same. The profit split starts at 80% for traders and can increase to 90% based on consistent performance over time.
