IQCent vs Hantec Markets
IQCent or Hantec Markets – which is better for UK traders 2024? Compare IQCent and Hantec Markets in this detailed breakdown of their platforms, features and fees.
| IQCent | Hantec Markets |
|---|---|
 |
 |
|
|
| IQCent is ranked #2 among binary options brokers. | Hantec Markets is ranked #75 among CFD brokers. |
| IQCent is an offshore binary options and CFD broker based in the Marshall Islands. The brand continues to offer a range of unique account types with bonuses and perks, including payout boosts, TradeBacks and free rollovers. With 100+ assets, around-the-clock trading and 98% payouts, the firm is popular with aspiring short-term traders. | Hantec Markets was established in Hong Kong in 1990. Initially, the company concentrated solely on the Chinese and Taiwanese markets. In 2008, the broker rebranded and expanded its presence in the UK, Australia, Japan, and various other countries, before enhancing its footprint in Latin America in 2022. Hantec now stands as a multinational brokerage with 18 offices across Europe and Asia. |
| Pros | |
|
|
| Cons | |
|
|
| Awards | |
|
|
| FCA Regulated | |
| No | Yes |
| Instruments | |
| Binary Options, CFDs, Forex, Indices, Commodities, Crypto | Forex, CFDs, Indices, Stocks, Commodities, Cryptos |
| Bonus | |
| 20% to 200% Deposit Bonus | |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $250 | $100 |
| Payment Methods | |
| Minimum Trade | |
| $0.01 | 0.01 Lots |
| Regulator | |
| IFMRRC | FCA |
| Mobile Apps | |
| iOS & Android | Yes |
| Trading App | |
IQCent offers mobile trading directly through major browsers with an intuitive design that we love. You can navigate your account, browse assets and trade binaries in a few clicks. Straightforward access to the copy trading feature at the bottom is also a bonus, alongside the interactive charts which you can pinch to zoom. |
Hantec Markets doesn’t offer a proprietary trading app. Instead, clients can use the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) mobile apps, which are accessible for both Apple and Android devices and mirror the desktop version’s functionality. The lack of a bespoke app means that traders who are looking for more integrated solutions might find the mobile trading experience lacking, especially since there’s no support for TradingView or cTrader either. |
| iOS App Rating | |
|
|
|
| Android App Rating | |
|
|
|
| Margin Trading | |
| Yes | Yes |
| MetaTrader 4 | |
| No | Yes |
| MetaTrader 5 | |
| No | Yes |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| Yes | No |
| Autochartist | |
| No | No |
| eSignal | |
| No | No |
| Trading Central | |
| No | Yes |
| STP Account | |
| No | No |
| ECN Account | |
| No | No |
| DMA Account | |
| No | No |
| MAM Account | |
| No | Yes |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | Yes |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | Yes |
| Auto Trading | |
| No | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | |
| Yes | No |
| Copy Trading Platform | |
| A copy trading service is pre-integrated into the broker’s web platform, where you can follow and replicate the trades of up to 10 established investors. Where it shines is its ease of use - you simply decide how much you want to invest and hit 'copy'. On the downside, the pool of master traders is narrow and you get limited data on past performance, making it less reliable. | |
| Social Trading | |
| Yes | No |
| VPS Hosting | |
| No | No |
| Tournaments | |
| Yes | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $10 | $0 |
| Islamic Account | |
| No | Yes |
| Account Currencies | |
|
|
| Commodities | |
|
|
| CFD | |
| CFDs are available on forex, indices, commodities and cryptos, although the range of 100+ instruments is limited compared to alternatives such as Quotex with 400+. Leverage is available up to 1:500 but the $250 minimum deposit is noticeably higher than competitors. | Traders have the opportunity to engage in CFD trading across a broad spectrum of assets, including currency pairs, stocks, commodities, bullion (gold and silver), indices, and cryptocurrencies. Experienced traders can access high leverage up to 1:1000 in certain jurisdictions. However, a notable downside is the restriction of scalping strategies which may deter experienced traders. |
| Leverage | |
| 1:500 | 1:30 |
| FTSE Spread | |
| 1.4 | 1.0 |
| GBPUSD Spread< | |
| 0.8 | 0.5 |
| Oil Spread | |
| 0.05 | 0.05 |
| Stocks Spread | |
| N/A | Variable |
| Forex | |
| IQCent traders can access CFDs or binary options on 45+ forex pairs. CFD spreads start from 0.3 pips and binary options payouts are decent up to 95%. This is competitive compared to Pocket Option, for example, offering forex payouts up to only 81%. | Hantec Markets offers a limited range of 30+ forex pairs – less than most top brands, including Pepperstone with 100+. That said, market execution is rapid based on tests, and spreads are competitive starting at just 0.2 pips. This, combined with access to the popular MT4 platform with 30+ technical indicators, ensures a relatively complete trading experience for short-term currency traders. |
| Assets | |
| 49 | 300 |
| GBPUSD Spread | |
| 0.8 | 0.5 |
| EURUSD Spread | |
| 0.3 | 0.2 |
| EURGBP Spread | |
| 0.8 | 0.7 |
| Cryptocurrency | |
| IQCent offers 17 crypto pairs through its proprietary terminal, including Bitcoin, Ethereum and Litecoin. Leverage on crypto CFDs is capped at 1:10, whilst binary options payouts vary by token but remain competitive. OTC assets, for example, pay out up to 95%. | CFD trading is available across a diverse selection of cryptocurrencies. This range includes not only leading cryptos like Bitcoin and Ethereum but also extends to smaller tokens such as Polkadot. These digital assets can be traded against a variety of global currencies, including the USD, JPY, and MXN, as well as precious metals like gold and silver, marking Hantec out from the majority of brokers who only offer cryptos paired with the USD. |
| Spread | |
| Variable | 0.008 - 6.4 pips |
| Coins | |
|
|
| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| Binary Options | |
| IQCent offers binary options with above-average payouts up to 98%. The broker supports an online platform with basic analysis tools but a wide range of timeframes, from 1 minute to 1 month, catering to short and long term trading strategies. Considering the negatives, there are no binaries on stocks. | |
| Payout | |
| 98% | |
| Expiration Times | |
| 5 seconds - 1 month | |
| Boundary Options | |
| No | No |
| Ladder Options | |
| No | No |
| IQCent | Hantec Markets |
| More Comparisons | |
|
IQCent vs |
Hantec Markets vs |