The prop trading craze among Retail FX and CFDs brokers is continuing, with London / Hong Kong based Hantec Group announcing the launch of Hantec Trader, its proprietary trading firm.
Hantec Trader will offer proprietary trading accounts powered by Hantec Markets, a brokerage firm domiciled in Mauritius.
The company said that Hantec Trader will allow both aspiring and experienced traders to trade a wide range of asset classes in 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 be required to pass a certification course by completing either the “Enhanced Challenge” or “Express Challenge” to qualify for a live trading account with a balance 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 gains. They will also have access to a dashboard that provides data and actionable insights to create effective trading strategies.
Andrew Speakman, sales director at Hantec Trader said:
“The launch of Hantec Trader encompasses our goal of extending financial freedom and empowerment to a global audience by allowing a low risk, low-cost way for individuals to participate in the global financial markets.
“Given our group’s position as an established player in the financial arena with a history and experience of more than 33 years and regulated by some of the world’s most respected financial regulators, traders can engage in profitable strategies with the confidence and trust that their trades will be executed with the best possible result.”
Hantec Markets is controlled by former ODL Securities and Rosenthal Collins executive Bashir Nurmohamed. Mr. Nurmohamed established the broker in 2010 with backing from Hong Kong based Hantec Group founder Tang Yu Lap.