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  • #28,541
  • Jan 23, 2024 10:28am Jan 23, 2024 10:28am
Quoting DeltaCapital
HantecMarkets enters the arena with https://htrader.com/
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WE REALLY A-BOOK YOUR TRADES …

is Hantec a good broker , anyone ?
  • #28,542
  • Jan 23, 2024 10:31am Jan 23, 2024 10:31am
Quoting Stoneyrocks
{quote} {image} WE REALLY A-BOOK YOUR TRADES … is Hantec a good broker , anyone ?
and, of course, USA is NOT available. Not sure why I even bother looking.
  • #28,543
  • Jan 23, 2024 10:39am Jan 23, 2024 10:39am
UAU, another one.
Even if the offers and geographic restrictions suck this seems a new trend. Brokers are watching the business going out of the door and are running after it.
  • #28,544
  • Jan 23, 2024 10:49am Jan 23, 2024 10:49am
Quoting Stoneyrocks
{quote} {image} WE REALLY A-BOOK YOUR TRADES … is Hantec a good broker , anyone ?
I used them 5/6 yrs ago, they were decent. Trading condition was ok, not faced any fishy things
  • #28,545
  • Jan 23, 2024 11:09am Jan 23, 2024 11:09am
Quoting Stoneyrocks
is Hantec a good broker , anyone ?

Very good, reliable and honest, if your account is FCA-regulated in the UK.

Complete crooks if it’s "regulated" only in Mauritius - lol, obviously: why else would a "broker" choose to have a Mauritius-only-"regulated" branch?!
  • #28,546
  • Jan 23, 2024 11:12am Jan 23, 2024 11:12am
Quoting KarlKraus
{quote} Very good, reliable and honest, if your account is FCA-regulated in the UK. Complete crooks if it’s "regulated" only in Mauritius - lol, obviously: why else would a "broker"e choose to have a Mauritius-only-"regulated" branch?!
They do this to accept citizens/residents where they otherwise couldn't or to offer less restrictions than they otherwise would be able to.
If the regulators would just regulate instead of suffocate, we'd all be better off.
  • #28,547
  • Jan 23, 2024 11:15am Jan 23, 2024 11:15am
Quoting KarlKraus
why else would a "broker" choose to have a Mauritius-only-"regulated" branch?!
Why ?!

Pretty obvious and not necessarily because they are crooks: to offer their services where regulators forbid them (US citizens for example) or to offer higher leverage wherever regulators limit it (europe for example with the 1:30 limit).
  • #28,548
  • Jan 23, 2024 12:06pm Jan 23, 2024 12:06pm
Quoting pipmaster77
to accept citizens/residents where they otherwise couldn't or to offer less restrictions
Quoting Capablanca
not necessarily because they are crooks: to offer their services where regulators forbid them
Normal FF replies: two people who just have no idea at all what they’re talking about …

Quoting KarlKraus
{quote} Very good, reliable and honest, if your account is FCA-regulated in the UK.
… and one who has done his research and actually knows something helpful, rather than posting the usual biased, bigoted, ignorant, opinionated bullsh!t.
  • #28,549
  • Jan 23, 2024 12:11pm Jan 23, 2024 12:11pm
Quoting Quickly
{quote} {quote} Normal FF replies: two people who just have no idea at all what they’re talking about … {quote} … and one who has done his research and actually knows something helpful, rather than posting the usual biased, bigoted, ignorant, opinionated bullsh!t.
and you live in opposite world. Some of the shadiest brokers are in the most heavily regulated jurisdictions. I consider a crook to be a regulated broker offering me a spread of 6 while my unregulated broker is giving me 1.5.
Capablanca, myself, taki, cableJ, cryptosurf....have been using and making money with these firms for 3+ years, yet we are the ones who don't have a clue????
give me a fucking break already.
  • #28,550
  • Jan 23, 2024 12:19pm Jan 23, 2024 12:19pm
Quoting pipmaster77
{quote} and you live in opposite world. Some of the shadiest brokers are in the most heavily regulated jurisdictions. I consider a crook to be a regulated broker offering me a spread of 6 while my unregulated broker is giving me 1.5. Capablanca, myself, taki, cableJ, cryptosurf....have been using and making money with these firms for 3+ years, yet we are the ones who don't have a clue???? give me a fucking break already.
and I know 4 of us have been using offshore brokers for 10+ years.....no issues, how can that possibly be when they're all crooks, right?
  • #28,551
  • Edited 12:34pm Jan 23, 2024 12:22pm | Edited 12:34pm
Quoting Quickly
{quote} {quote} Normal FF replies: two people who just have no idea at all what they’re talking about … {quote} … and one who has done his research and actually knows something helpful, rather than posting the usual biased, bigoted, ignorant, opinionated bullsh!t.
I'm explaining you why some of these brokers may go offshore and/or have an offshore branch. And that's not because they are crooks, like you said.

You need to reread both answers again. Myself and Pip know very well what we're talking about because we're both European and US and we are limited by our regulators who want to "protect" us.

The only way to escape from them is to work with offshore brokers, regulated in places like Mauritius, and not necessarily crooks, as you said. In fact, some of them are more reputable than US, EU or UK regulated brokers.
  • #28,552
  • Jan 23, 2024 12:27pm Jan 23, 2024 12:27pm
Quoting Quickly
{quote} {quote} Normal FF replies: two people who just have no idea at all what they’re talking about … {quote} … and one who has done his research and actually knows something helpful, rather than posting the usual biased, bigoted, ignorant, opinionated bullsh!t.
Do you need some lube to help with the virtual hand job you keep giving him?
  • #28,553
  • Jan 23, 2024 12:29pm Jan 23, 2024 12:29pm
Hantec markets A-book all their trades to the b-book their LP provides and gets the money back. Like FXCM and Oanda and virtually every other broker who realizes that they can't get a proper per million return on a-booking retail traders. Anyone who thinks otherwise is naive and has no real institutional experience in OTC markets.
  • #28,554
  • Jan 23, 2024 12:43pm Jan 23, 2024 12:43pm
Quoting pipmaster77
4 of us have been using offshore brokers for 10+ years.....no issues, how can that possibly be when they're all crooks, right?

The question I answered wasn’t about offshore brokers, for God’s sake. It was specifically about Hantec, whose history I (unlike you!!!!) happen to know well.


Quoting Quickly
one who has done his research and actually knows something helpful, rather than posting the usual biased, bigoted, ignorant, opinionated bullsh!t.

But to no avail. Sadly almost impossible to help anyone, here, against the constant ill-informed, prejudiced chorus of ignorance.
  • #28,555
  • Jan 23, 2024 12:52pm Jan 23, 2024 12:52pm
A good broker does not need a watch dog, she can be good anyway despite location but sometimes they go to other location for business freedom.
For example i have an account with Advance Market, when i wanted to open my account initially i was skeptical because of jurisdiction but they
explain to me and i understood.
Meanwhile they are registered with FCA and ASIC, the are own by Macquire Bank, one of the most biggest and solid bank in the world, yet they
Advance Market has an offshore regulation/office. They source their liquidity from the biggest Banks and you will see..etc

I guess the above explanation should end the argument, insults and name calling. Cheers
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #28,556
  • Jan 23, 2024 1:00pm Jan 23, 2024 1:00pm
Funding Pips only sends phase 2 credentials exactly 24 hours after we pass phase 1. Why do props have such stupid procedures ? It seems they like to make fools of themselves.

The excuse - because there is always an excuse - is because they don't want traders to jump immediately into phase 2.
They could send the next morning. But no. It's 24 hours, not a second less.
  • #28,557
  • Jan 23, 2024 1:03pm Jan 23, 2024 1:03pm
Quoting Capablanca
Funding Pips only sends phase 2 credentials exactly 24 hours after we pass phase 1. Why do props have such stupid procedures ? It seems they like to make fools of themselves. The excuse - because there is always an excuse - is because they don't want traders to jump immediately into phase 2. They could send the next morning. But no. It's 24 hours, not a second less.
You should see the "CMO" and "CEO" on twitter.
  • #28,558
  • Jan 23, 2024 1:42pm Jan 23, 2024 1:42pm
Quoting Takisd
Hantec markets A-book all their trades to the b-book their LP provides and gets the money back. Like FXCM and Oanda and virtually every other broker who realizes that they can't get a proper per million return on a-booking retail traders. Anyone who thinks otherwise is naive and has no real institutional experience in OTC markets.
but, but, but......they are all regulated brokers, it couldn't be?
  • #28,559
  • Jan 23, 2024 1:49pm Jan 23, 2024 1:49pm
Quoting martinez1
Meanwhile they are registered with FCA and ASIC, the are own by Macquire Bank, one of the most biggest and solid bank in the world, yet they Advance Market has an offshore regulation/office. They source their liquidity from the biggest Banks and you will see..etc I guess the above explanation should end the argument, insults and name calling. Cheers
It should, but it won't.......some folks are just set on regulation being good and no regulation being bad. It is not that cut and dry, not even close.
  • #28,560
  • Jan 23, 2024 1:52pm Jan 23, 2024 1:52pm
Quoting KarlKraus
{quote} The question I answered wasn’t about offshore brokers, for God’s sake. It was specifically about Hantec, whose history I (unlike you!!!!) happen to know well. {quote} But to no avail. Sadly almost impossible to help anyone, here, against the constant ill-informed, prejudiced chorus of ignorance.
You stated this

Complete crooks if it’s "regulated" only in Mauritius - lol, obviously: why else would a "broker" choose to have a Mauritius-only-"regulated" branch?!

I was responding to the "obviously they are crooks" if not regulated in a jurisdiction to KarlKraus approval.

I agree 100% on the impossible to help the ill-informed. However, you have the wrong group pegged as such. I mitigated risk across 5 offshore brokers for 10 years. Never any more than 3% of my entire trading bankroll at one broker (high leverage is a good thing for a trader, when most of your roll sits in your own bank)
I am far, far from ill-informed.
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