Hantec Markets
| Industry | Financial services |
|---|---|
| Founded | 2009 |
| Founder | Bashir Nurmohamed and Tang Yu Lap |
Area served | Latin America, Africa, Asia |
Key people | Bashir Nurmohamed (CEO), Nader Nurmohamed (COO), Hayel Abu Hamdan (CCO) |
Number of employees | 500+ |
| Website | hmarkets |
Hantec Markets Limited is a global financial services company established in 2009. It operates as part of the multinational Hantec Group. The company provides trading services, including Contracts for Difference (CFD) trading across multiple asset classes such as forex, commodities, metals, and cryptocurrencies.[1]
History
[edit]Hantec Markets was founded in 2009 by Bashir Nurmohamed and Tang Yu Lap as part of the expansion of the Hantec Group, which was established in 1990 by Tang Yu Lap in Hong Kong.[2][3][4][5] The Hantec brand has secured several licenses over the years: in 2002, Hantec obtained a license from the Hong Kong Chinese Gold and Silver Exchange Society. In 2007, the group became regulated by the Financial Services Agency in Japan,[6] followed by the acquisition of a license from the Australian Securities and Investments Commission (ASIC) in 2008.[7]
Hantec Markets' initial focus was on providing regulated financial services in the United Kingdom, obtaining its license from the Financial Conduct Authority (FCA) in 2009. It began its global expansion across Latin America, Africa, and Asia in 2015, when the company was incorporated in Mauritius in January, obtaining a license from the Financial Services Commission of Mauritius.[8] The company established key offices in Nigeria in 2017, Thailand in 2019, and Chile in 2022 to expand its services into Africa, Asia, and Latin America respectively.[9]
In 2023, Hantec Markets was recognized with several industry awards, including the "Most Transparent Broker Global" and "Most Trusted Broker Africa" at the Global Forex Awards. The company was also named "Best Broker Asia" and received recognition for the "Best Trading Experience LatAm" and "Most Reliable Broker LatAm" at the same event. Additional accolades were awarded by the UF Awards APAC, which recognized Hantec Markets as the "Most Trusted Broker – Asia," and by Forex Expo Dubai, which named the company the "Best Provider of Trader's Funds Security Global."[10][11]
Activities
[edit]Hantec Markets operates as a subsidiary of the Hantec Group.[1][9] It provides multi-asset CFD trading on desktop, mobile and web for different products, including forex, indices, metals, equities, commodities, and cryptocurrencies. In 2024, Hantec Markets introduced a product that allows traders to engage in CFD pairs trading, offering the ability to trade stocks or indices in pairs.[12][13][10] The company also offers Hantec Social, a copy trading platform that allows users to replicate the trades of professional traders, and a mobile trading application Hantec Mobile launched in 2023.[10]
Operations
[edit]The Hantec brand is regulated in several key jurisdictions, including the United Kingdom, Australia, Japan, Hong Kong, and Mauritius. The company has established offices in the United Kingdom, Mauritius, Thailand, Nigeria, and Chile. Its global workforce consists of more than 500 employees, with operations across Latin America, Africa, and Asia.[1][6] Hantec Markets is led by Bashir Nurmohamed as the CEO, Nader Nurmohamed as the COO, and Hayel Abu Hamdan as the CCO.[14] Hantec Markets is also engaged in charitable efforts, including supporting the Red Cross during the 2024 floods in Brazil[15] and Thailand.[16]
References
[edit]- ^ a b c "Hantec Trader Enters into Proprietary Trading". Financial and Business News | Finance Magnates. 2024-01-23. Retrieved 2024-10-23.
- ^ "Bashir NURMOHAMED personal appointments - Find and update company information - GOV.UK". find-and-update.company-information.service.gov.uk. Retrieved 2024-10-23.
- ^ "Hantec Markets Ltd". Bloomberg.com. Retrieved 2024-10-23.
- ^ "Exclusive: Hantec Markets unveils new website, sees improved results in 2017". LeapRate. 2017-09-11. Retrieved 2024-10-23.
- ^ Segal, Gerald (2020-10-04). "Exclusive: Hantec Markets signs Don Jazzy as Africa Brand Ambassador". FX News Group. Retrieved 2024-10-23.
- ^ a b Kotecha, Sachin (2024-08-02). "Hantec Markets: A Comprehensive Review of the Broker". Traders MBA. Retrieved 2024-10-23.
- ^ "HMA InterbankDirect for iOS - Free download and software reviews - CNET Download". download.cnet.com. 2016-06-12. Retrieved 2024-10-23.
- ^ "Register of Licensees - Search by Name - Financial Services Commission - Mauritius". www.fscmauritius.org. Retrieved 2024-10-23.
- ^ a b Releases, AMA Press (2023-09-04). "Hantec Celebrates 33 Years of Success and Global Expansion with Further Growth in Africa". The Guardian Nigeria News - Nigeria and World News. Retrieved 2024-10-23.
- ^ a b c "Hantec Markets: A Comprehensive Review For Traders - FinanceFeeds". 2024-09-03. Retrieved 2024-10-23.
- ^ "UF AWARDS APAC 2023 Announces Winners". Financial and Business News | Finance Magnates. 2023-06-23. Retrieved 2024-10-23.
- ^ Kar-Gupta, Supid; Wright, Tricia (March 6, 2014). "European stocks lose steam as ECB sits on its hands". reuters.com. Retrieved 2024-10-23.
- ^ "Silver and gold to fall further?". CNBC. 2014-09-22. Retrieved 2024-10-23.
- ^ "Exclusive Interview with Nader Nurmohamed, COO of Hantec Markets". Retrieved 2024-10-23.
- ^ "Hantec Markets Supports Brazilian Red Cross After Devastating South Brazil Floods". 2024-08-11. Retrieved 2024-10-23.
- ^ "บริษัท แฮนเทค มาร์เก็ตส์ จำกัด มอบเงินบริจาคช่วยเหลือผู้ประสบอุทกภัย". Retrieved 2024-10-23.