Hantec
Trader has announced the expansion of its challenge-based funded accounts to
include instant funding options. The prop firm, owned by FX and CFD broker
Hantec Markets, will offer a new type of account with up to $50K in simulated
balances in selected jurisdictions.
Hantec Trader Adds Instant
Funding to Its Offering
Until now,
Hantec Trader offered two types of challenges: single and two-stage, for
accounts ranging from $2,000 to $200,000. Now, following industry trends in the
prop firm sector, the Hantec Markets brand has decided to introduce
“Instant Funding” accounts.
What’s the
main difference? Primarily, traders don’t need to undergo preliminary
verification through challenges, achieve profit targets, or complete a minimum
number of trading days. They immediately receive access to trading funds up to
$50,000, on which they can realize actual profits. However, it’s worth noting
that the cost of such challenges is typically significantly higher.
“No
challenge phase. No delays. No waiting. Start trading from day one with
simulated balances up to $50k. Get immediately into the action after sign-up,
and start building your skills,” the prop firm commented on social media.
Hantec
Trader emphasizes that the offer is currently available only in selected
regions. When logging into the prop firm’s English websitete,
information about the new account type does not yet appear. Finance Magnates
contacted the prop firm’s representatives for more detailed information but had
not received a response at the time of publication.
$1M in Payouts and Other
Offering Updates
There’s
been a lot happening at Hantec Trader over the past few weeks. The company also
reported that since its establishment at the turn of 2023 and 2024, it has
already paid out over $1,000,000 in rewards to its clients.
They also
shared statistics about where most of their current traders come from. Besides
Portugal, they are mainly from developing countries, including Brazil,
Thailand, Nigeria, and the UAE.
In
February, the prop firm decided to expand its operational reach and open up to
UK clients. At the same time, they presented a refreshed branding, changing
their visual identity and color scheme: the previously dominant blue color was
replaced with orange.
Hantec
Trader was established at a time when several other large CFD brokers began
entering the prop trading space. These included Axi Select, IC Funded, and
OANDA Labs Trader.
“It’s
evident that customers are seeking reliable and experienced firms to partner
with, given the ongoing uncertainty in the industry,” commented Bashar
Gokal, the Operations Manager at Hantec Trader, to Finance Magnates last year.
“We expect the demand for prop trading to continue growing as prop trading
providers target new market segments.”
Hantec
Trader has announced the expansion of its challenge-based funded accounts to
include instant funding options. The prop firm, owned by FX and CFD broker
Hantec Markets, will offer a new type of account with up to $50K in simulated
balances in selected jurisdictions.
Hantec Trader Adds Instant
Funding to Its Offering
Until now,
Hantec Trader offered two types of challenges: single and two-stage, for
accounts ranging from $2,000 to $200,000. Now, following industry trends in the
prop firm sector, the Hantec Markets brand has decided to introduce
“Instant Funding” accounts.
What’s the
main difference? Primarily, traders don’t need to undergo preliminary
verification through challenges, achieve profit targets, or complete a minimum
number of trading days. They immediately receive access to trading funds up to
$50,000, on which they can realize actual profits. However, it’s worth noting
that the cost of such challenges is typically significantly higher.
“No
challenge phase. No delays. No waiting. Start trading from day one with
simulated balances up to $50k. Get immediately into the action after sign-up,
and start building your skills,” the prop firm commented on social media.
Hantec
Trader emphasizes that the offer is currently available only in selected
regions. When logging into the prop firm’s English websitete,
information about the new account type does not yet appear. Finance Magnates
contacted the prop firm’s representatives for more detailed information but had
not received a response at the time of publication.
$1M in Payouts and Other
Offering Updates
There’s
been a lot happening at Hantec Trader over the past few weeks. The company also
reported that since its establishment at the turn of 2023 and 2024, it has
already paid out over $1,000,000 in rewards to its clients.
They also
shared statistics about where most of their current traders come from. Besides
Portugal, they are mainly from developing countries, including Brazil,
Thailand, Nigeria, and the UAE.
In
February, the prop firm decided to expand its operational reach and open up to
UK clients. At the same time, they presented a refreshed branding, changing
their visual identity and color scheme: the previously dominant blue color was
replaced with orange.
Hantec
Trader was established at a time when several other large CFD brokers began
entering the prop trading space. These included Axi Select, IC Funded, and
OANDA Labs Trader.
“It’s
evident that customers are seeking reliable and experienced firms to partner
with, given the ongoing uncertainty in the industry,” commented Bashar
Gokal, the Operations Manager at Hantec Trader, to Finance Magnates last year.
“We expect the demand for prop trading to continue growing as prop trading
providers target new market segments.”
This post is originally published on FINANCEMAGNATES.
