Hantec Trader Prop Firm Rules and Challenge Fees
Regulatory Broker
Provided by Hantec Markets
Scaling Plan
Flexible choice of scaling plan or funded account
Transparent Rules
Official website clearly displays risks and explains rules
Restrictions apply to U.S. customers
Hantec Trader is a prop forex trading brand established in 2023, headquartered in Dubai. It was founded by Hantec Group to further diversify its financial products by establishing a prop firm called Hantec Trader.
Hantec Trader is supported by Hantec Markets, which holds a license from the UK Financial Conduct Authority (FCA), registration number: FRN 502635.
The Hantec Trader Challenge Program is designed for traders aspiring to become Funded Traders. Traders who meet the qualification conditions without violating rules can receive significant capital investment in their trading accounts.
Hantec Trader offers two challenge modes: 1-stage and 2-stage, each with its own rules.
The 1-stage mode is called Express, with no time limit and a profit target of 10%.
The 2-stage mode is called Enhanced, also with no time limit. Stage one has a profit target of 10%, and stage two has a profit target of 5%.
These types of proprietary firms can be broadly categorized into Forex Prop Firms and Futures Prop Firms.
However, there are many prop firms in the market, and the industry does not yet have a direct regulatory agency. To screen out unqualified prop firms, they can be evaluated from many levels: the location, withdrawal records, the payment system used, etc.
Our site continues to monitor the Prop Firm industry and strives to identify compliant prop firms to provide traders with diverse options. In this article, we will introduce the prop firm Hantec Trader.
Hantec Trader Prop Firm Challenge Rules and Important Notes
1 Step - Express
- Time Limit: Unlimited
- Daily Drawdown: 5%
- Maximum Drawdown: 6%
- Minimum Trading Days: At least 0 trading days
- Profit Target: 10%
- Maximum Leverage: 1:50
2 Step - Enhanced
- Time Limit: Unlimited
- Daily Drawdown: 5%
- Maximum Drawdown: 10%
- Minimum Trading Days: At least 0 trading days
- Profit Target: 10%/5%
- Maximum Leverage: 1:50
Strategies and Behaviors Allowed and Prohibited by Hantec Trader
- At least one trade every 30 days
- Prohibited to violate the strategy usage terms (7. Prohibited Use)
- EAs are allowed
- Trading without stop-loss is allowed
- Allow weekend positions
- News trading is allowed (for both challenge and funded accounts)
- Hard Breach: Violating daily drawdown or maximum drawdown rules results in loss of challenge or funded account eligibility.
- Soft Breach: Violating any other rule results in closing of trade orders, but the challenge or funded account can still be completed.
Hantec Trader Prop Firm Challenge Fees
Both modes offer various account sizes, ranging from the smallest $2,000 USD account to the largest $200,000 USD account.
The default profit share for both modes is 75%, with a 30-day payout cycle. Upgrades are available for purchase:
- Profit split upgrade to 90%: +25%
- Payment cycle upgrade to bi-weekly: +5%
The fees of the two models are different under the same account size. The challenge fees are all one-time and are not collected on a monthly basis. 100% of the fees will be refunded for the first withdrawal after passing the challenge, and there is no minimum profit requirement for the first withdrawal.
Express | Account 1 | Account 2 | Account 3 | Account 4 | Account 5 | Account 6 | Account 7 |
---|---|---|---|---|---|---|---|
Account size | $2,000 USD | $5,000 USD | $10000 USD | $25,000 USD | $50,000 USD | $100,000 USD | $200000 USD |
Daily Drawdown | 5% | 5% | 5% | 5% | 5% | 5% | 5% |
Max Drawdown | 6% | 6% | 6% | 6% | 6% | 6% | 6% |
Time Limit | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited |
Trading Days | 0 days | 0 days | 0 days | 0 days | 0 days | 0 days | 0 days |
Profit Target | 10% | 10% | 10% | 10% | 10% | 10% | 10% |
Leverage | 1:50 | 1:50 | 1:50 | 1:50 | 1:50 | 1:50 | 1:50 |
Challenge Fee | $39 USD | $59 USD | $99 USD | $199 USD | $319 USD | $529 USD | $999 USD |
More Info | Start | Start | Start | Start | Start | Start | Start |
Enhanced | Account 1 | Account 2 | Account 3 | Account 4 | Account 5 | Account 6 |
---|---|---|---|---|---|---|
Account size | $5,000 USD | $10000 USD | $25,000 USD | $50,000 USD | $100,000 USD | $200000 USD |
Daily Drawdown | 5% | 5% | 5% | 5% | 5% | 5% |
Max Drawdown | 10% | 10% | 10% | 10% | 10% | 10% |
Time Limit | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited |
Trading Days | 0 days | 0 days | 0 days | 0 days | 0 days | 0 days |
Profit Target | 10%/5% | 10%/5% | 10%/5% | 10%/5% | 10%/5% | 10%/5% |
Leverage | 1:50 | 1:50 | 1:50 | 1:50 | 1:50 | 1:50 |
Challenge Fee | $49 USD | $89 USD | $179 USD | $299 USD | $499 USD | $969 USD |
More Info | Start | Start | Start | Start | Start | Start |
What are the Unique Features of Hantec Trader Prop Firm?
Hantec Trader is supported by its own Hantec Markets
Hantec Trader is supported by Hantec Markets, which holds licenses from multiple financial regulatory institutions:
- UK Financial Conduct Authority (FCA), registration number: FRN 502635
- Mauritius Financial Services Commission (FSC), license number: C114013940
- Australian Securities and Investments Commission (ASIC), license number:326907
Prop trading brands launched by brokerage firms offer an additional layer of security in terms of liquidity compared to pure prop trading brands. They eliminate the potential instability in the relationship between pure prop firms and brokers. Moreover, future regulations are likely to impact the prop trading industry, which may give prop trading brands of brokerage firms an advantage.
Hantec Trader Prop Firm Drawdown Calculation
It's important to note the different drawdown calculation methods for Hantec Trader's two modes.
- Express 1-step
- Daily Drawdown: Based on balance, cannot be lower than 5% of the previous day's balance (GMT+3)
- Maximum Drawdown: Trailing drawdown, based on the account's settled balance (excluding floating profits/losses, this limit tracks the account until reaching 6% profit. After reaching 6% profit, the maximum drawdown limit will no longer track account changes but will be fixed at the initial account balance)
- Enhanced 2-step
- Daily Drawdown: Based on balance, cannot be lower than 5% of the previous day's balance (GMT+3)
- Maximum Drawdown: Static drawdown, cannot be lower than 10% of the initial challenge balance
Hantec Trader Prop Firm Offers a Wide Range of Instruments
Hantec Trader offers the following instruments categories: major currencies, minor currencies, precious metals, energy, major indices, and cryptocurrencies.Basically all major products are available.
The maximum leverage ratio for products is 1:50:
- Maximum leverage for currencies is 1:50
- Maximum leverage for metals is 1:50
- Maximum leverage for indices is 1:20
- Maximum leverage for energy is 1:20
- Maximum leverage for cryptocurrencies is 1:1
Including EURUSD.h, GBPUSD.h, USDJPY.h, USDCAD.h, AUDUSD.h, NZDUSD.h, USDCHF.h. (Hantec Trader Major Currency Pairs Instruments Specifications)
Including AUDCAD.h, AUDCHF.h, AUDJPY.h, AUDNZD.h, CADCHF.h, CADJPY.h, CHFJPY.h, EURAUD.h, EURCAD.h, EURCHF.h, EURGBP.h, EURHUF.h, EURJPY.h, EURNOK.h, EURNZD.h, EURPLN.h, GBPAUD.h, GBPCAD.h, GBPCHF.h, GBPJPY.h, GBPNZD.h, NZDCAD.h, NZDCHF.h, NZDJPY.h, USDCZK.h, USDHUF.h, USDILS.h, USDMXN.h, USDPLN.h, USDNOK.h, USDSEK.h, USDTRY.h, USDZAR.h. (Hantec Trader Minor Currency Pairs Instruments Specifications)
Including XAUUSD.h, XAGUSD.h, XAUEUR.h, XAUGBP.h, XAUAUD.h, XAGAUD.h, XAGEUR.h. (Hantec Trader Precious Metals Instruments Specifications)
UKOIL+.h, USOIL+.h (Hantec Trader Energy Instruments Specifications)
Including US500.h, US30.h, US100.h, GER40.h, UK100.h, JP225.h, HK50.h, EU50.h, ES35.h, AU200.h, FR40.h. (Hantec Trader Major Indices Instruments Specifications)
Including BTCUSD.h, ETHUSD.h, XRPUSD.h, LTCUSD.h, BCHUSD.h, BNBUSD.h, ADAUSD.h, DOGUSD.h, SOLUSD.h, XLMUSD.h, DOTUSD.h, LNKUSD.h, MATICUSD.h, UNIUSD.h. (Hantec Trader Cryptocurrency Instruments Specifications
Hantec Trader Prop Firm Scaling Plan
The scaling plans for both modes (Express and Enhanced) are the same.
After successfully passing the challenge, you can choose to obtain a Hantec Funded Account using the purchased account size option, or you can choose to upgrade to the next size level challenge account for free.
To obtain a Hantec funded account with a higher size, you need to pass the challenge again using an account with a higher size.
For example, if you want to pass a $25,000 challenge, you can choose to start trading with a $25,000 Hantec Trader account to earn profit sharing, or expand to a $50,000 challenge account.
If you want to expand the scale again after passing the $50,000 challenge, the next size level challenge account in that mode is provided, and you can eventually expand up to a $200,000 account.
Hantec Trader Prop Firm Retake Discount
If you fail to pass the challenge account and ultimately lose the challenge qualification, you can get a 10% retake discount (for the same challenge account).
Hantec Trader Prop Firm Payout Proof
Hantec Trader Prop Firm Trading Platform
Hantec Trader trading platform offers MT4 and MT5. You can find platform downloads on the left side of the client backend interface. Download links are also provided below.
Trading Platform
- Hantec Trader MT4
- Hantec Trader MT5
- The impact of MetaQuotes on some Prop Firms providing MTs platforms in February 2024 does not affect Hantec Trader.
Hantec Trader Read Only Account
Hantec Trader provides read-only accounts, allowing traders to understand the trading environment before purchasing a challenge account.
Item | Description |
---|---|
Trading Platform | MT5 |
Server | Hantec Markets Holding Limited (HantecMarkets-MT5) |
Login Number | 155586 |
Investor Password | H1Trader!2 |
Hantec Trader Pros and Cons
- Hantec Trader Pros
- Offers two challenge modes
- Supported by their own Hantec Global broker
- Flexible choice between expansion plan or trading with funded account
- Hantec Trader Cons
- Restricted for U.S. region customers
- Smaller maximum leverage
- Newly established, payout stability yet to be verified
Hantec Trader Prop Firm Quick Links
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Risk Warning:
Forex and Contract for Difference (CFD) margin trading carries a high level of risk and may not be suitable for everyone. The high degree of leverage can work against you as well as for you. Before deciding to trade forex and CFDs, you should carefully consider your trading objectives, level of experience, and risk appetite. You may sustain a loss of some or all of your initial investment. You should be aware of all the risks associated with forex and CFD trading, and seek advice from an independent financial advisor if you have any doubts.
Please note that before deciding to purchase any retail proprietary trading firm challenge, you should carefully consider the company's challenge trading objectives, drawdown risks, and various rules. You may lose part or all of your initial funds used to purchase the challenge account.
Some proprietary trading firms (Prop Firms) provide all accounts to clients with virtual funds in simulated accounts. All trades are conducted only in a simulated environment. For details, please refer to the announcements on the official websites of each prop firm.