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100 brokers measured in South Africabroker data checked 27.08.2026
Hantec Markets logoHantec MarketsHantec Markets Ltd

Hantec Markets in South Africa — review, licence and costs

Written and checked by the Lantern Review editorial team · how we score ·  score recalculated 01.10.2026
through an offshore entityAccepts residents of South AfricaOpened by Hantec Markets (South Africa) (Pty) Ltd, FSCA licence C114013940, register checked 09.07.2026

Score (6 of 6 axes scored)

3.92.0–5.0

ranked against full-basis brokers

  • Reviews25%75
  • Round-turn cost20%100
  • Safety20%10
  • Payouts15%60
  • Track record10%85
  • Platforms10%50

Numbered by weight: axis 1 counts for most.

2 + 3 × 0.633 = 3.9 · axes on 0–100, total on 2.0–5.0

Key facts (6 facts)

Onboarding entity
Hantec Markets Ltd
Founded
2009
Retail leverage
500ZA
Round turn
3 USDZA
Currencies
USD, EUR, GBP, NGN; no ZAR.
Swap-free account
yes

"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.

Licence check

No FSCA licence; served under FSC Mauritius C114013940 (offshore). FSCA(ZA) flag: NOT locally authorised.
C114013940
Active on registerchecked 09.07.2026fsca.co.za
Open an account with Hantec Markets

The broker's own website. Not a partner link — we earn nothing from it.

Screenshot of the Hantec Markets website
Hantec Markets's own site, captured for this review (07.10.2026)

Who actually onboards you

Entity that onboards South Africa residents
Hantec Markets Ltd
Local standing
Offshore-regulated only; no direct FSCA authorisation. No FSCA warning verified, but no local investor protection.
Licence as the register states it
No FSCA licence; served under FSC Mauritius C114013940 (offshore). FSCA(ZA) flag: NOT locally authorised.
Leverage for this entity
Up to 1:500 (offshore); Global up to 1:1000 per broker site.
The firm behind it
Hantec Group, Hong Kong-rooted, founded 1990; group licences FCA UK, FSC Mauritius, ASIC Australia, JSC Jordan.
What we hold against it
FCA at group level but ZA retail via red-tier FSC Mauritius; NOT FSCA-regulated — key flag for SA traders.

Leverage by entity

The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards South African residents enters the score.

Offshore entity · onboards youHantec Markets LtdOffshore entity · FSCA licence C114013940
1:500ZA
South Africa median, local entities: 1:50 · 18 of 20 statedApplies to you

Scale from 1:10 to 1:3000, logarithmic.

Client protection

  • Local entity onboards youOffshore-regulated only; no direct FSCA authorisation. No FSCA warning verified, but no local investor protection.
  • Negative balance protectionstated by the broker
  • Regulator warning on filenone found

— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.

Price against South Africa market median(priced from 80 of 103)

Round turn, 1 lot EURUSD, spread plus commission, USD
Hantec Markets, raw spread plus commission3
South Africa median, all 80 priced7
South Africa median, the 58 priced on the raw spread plus commission6.75

Medians run over the 80 of 103 brokers that publish a price for South Africa, never over the whole base. A spread without its commission is not a price and is not counted.

Accounts

Account types the broker names for this country: Global/Standard, Pro, Cent, min deposit from USD 10. The figures below are the broker's own and do not differ by account in any source we captured.

Swap-free account terms

Terms read from the account page on 01.10.2026. The cap on open positions is not published.

Where Hantec Markets sits in the South Africa base(103 brokers)

Round-turn cost, USD (80 of 103 priced)

14<5
5010
915
620
125
030
0>30

Median 7 USD · range 1-20 · this broker 3 USD · 23 of 103 brokers do not publish it

Minimum deposit, USD (49 of 103 priced)

42<200
5400
1600
0800
1>800

Median 50 USD · range 0-1000 · this broker 10 USD · 54 of 103 brokers do not publish it

Retail leverage (72 of 103 with a South Africa figure)

49<1k
142k
43k
44k
1>4k

Median 1:500 · range 20-5000 · this broker 1:500 · 31 of 103 brokers do not publish it

Withdrawal time published (103 brokers)

6of 100
Published, hours6not published38Hantec Markets is one of the 6

Payouts(2 methods)

MethodDeposit, hFee, USDMin, USD
Cards24050
Bank wire24050

Deposit and withdrawal methods (2 methods · 0 local rails)

Cards, bank wire;

  • Cards
  • Bank wire
Account currency
USD, EUR, GBP, NGN; no ZAR.
Fee declared
2 of 2 methods
Withdrawal back to
the funding method

Where it does not serve(6 countries)

United StatesJapanIranMyanmarNorth KoreaUnited Arab Emirates

From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.

Platforms and markets(6 platforms)

  • MT4
  • MT5
  • Hantec WebTrader
  • Hantec Mobile
  • Hantec Social
ClassCountMin spread
MT4—0.6
MT5—0.6
Hantec WebTrader—0.6
Hantec Mobile—0.6
Hantec Social—0.6
All instruments2650—

184 further account types are named by their brokers but publish none of these figures, so they are not in the comparison: IC Markets Raw Spread MT4/MT5, IC Markets Raw Spread cTrader, Eightcap Standard, Eightcap Raw, Fusion Markets Classic account, Pepperstone Standard and 178 more.

Identical for every row: Leverage 500 ZA.

Reviews(1 platform · 25% of the score)

4.5/ 5
Trustpilot rating
—
reviews
02.10.2026
snapshot, 2026
SnapshotRatingReviews
02.10.20264.5—

Share of reviewers in South Africa: — The platform does not publish it.

Pros and cons(5 for and 4 against, each tied to a figure on this page)

For
  • Round turn 3 USD on the raw + commission basis, under the South Africa median 7
  • Min deposit 10 USD, under the South Africa median 50
  • Swap-free account available
  • Round-turn cost 100 of 100, its strongest of 6 scored axes
  • 5 platforms: MT4, MT5, Hantec WebTrader, Hantec Mobile
Against
  • No South Africa authorisation on file: the entity that onboards you is licensed elsewhere
  • Withdrawal in 48 h, over the South Africa median 24
  • The published 1:500 comes from the group's offshore entity, not from the South Africa one
  • Safety 10 of 100, its weakest of 6 scored axes

Alternatives in South Africa(6 of 103 scored in South Africa)

4.14
Grand Capital
Licensed elsewhere
Round turn, USD
5ZA
Min deposit, USD
10ZA
Leverage
500ZA
Rank in this country
#17
3.92
BlackBull Markets
Licensed elsewhere
Round turn, USD
6ZA
Min deposit, USD
0ZA
Leverage
500ZA
Rank in this country
#34
4.18
JustMarkets
Locally licensed
Round turn, USD
3ZA
Min deposit, USD
10 groupZA
Leverage
3000ZA
Rank in this country
#15
3.71
Alpari
Licensed elsewhere
Round turn, USD
3.5ZA
Min deposit, USD
30ZA
Leverage
3000ZA
Rank in this country
#47
4.13
Fusion Markets
Licensed elsewhere
Round turn, USD
4.5ZA
Min deposit, USD
0ZA
Leverage
500ZA
Rank in this country
#18
4.23
STARTRADER
Locally licensed
Round turn, USD
4ZA
Min deposit, USD
50ZA
Leverage
1000ZA
Rank in this country
#13

Methodology(6 axes · formula v1.0)

Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a South Africa score. Full methodology

AxisWeightWhat is measuredHantec Markets
Reviews25%Rating, volume and recency on one public review platform75
Round-turn cost20%Round turn on 1 lot EURUSD: spread plus commission, against the country median100
Safety20%Local authorisation, the entity that onboards you, any regulator warning10
Payouts15%Published withdrawal time, fees and the methods available in the country60
Track record10%Years since the firm was founded, from its own filings85
Platforms10%Which trading platforms the broker confirms for this country50

FAQ

Does Hantec Markets accept residents of South Africa?
No. Offshore-regulated only; no direct FSCA authorisation. No FSCA warning verified, but no local investor protection. Onboarding entity: Hantec Markets Ltd
Is Hantec Markets licensed to serve clients in South Africa?
No FSCA licence; served under FSC Mauritius C114013940 (offshore). FSCA(ZA) flag: NOT locally authorised. Checked on 09.07.2026.
How much does one round turn cost at Hantec Markets?
About 3.0 USD per standard lot on EUR/USD. The median across brokers measured for South Africa is 7.0 USD.
What leverage does Hantec Markets offer to retail clients in South Africa?
Up to 1:500. Up to 1:500 (offshore); Global up to 1:1000 per broker site.
Which trading platforms does Hantec Markets support?
MT4, MT5, Hantec WebTrader, Hantec Mobile, Hantec Social. Instruments: FX, precious metals, commodities, indices, stock CFDs.
How can I withdraw money from Hantec Markets in South Africa?
Cards, bank wire; SA-specific local rails (e.g. EFT/PayFast) not verified at review.
What account types does Hantec Markets offer?
Global/Standard, Pro, Cent; min deposit from USD 10.
Does Hantec Markets offer a swap-free (Islamic) account?
Yes. Hantec Markets offers a swap-free (Islamic) account to South Africa residents.

Taxes for a South African resident(1 rule)

  • SARS taxes residents on worldwide income.https://hmarkets.com

Not tax advice. Check with SARS.

Verified · Sources

Verified01.10.2026
next review 01.01.2027