Hantec Markets vs Eightcap - 2024 Comparison | FxScouts
AuthorAuthor: Björn MichelsUpdated: October 12, 2023

Last Updated On October 12, 2023

Björn Michels

Trading with a reputable online broker is a crucial factor for success in the international markets. At FxScouts, we help you find the broker that suits your trading needs.

Each year we spend thousands of hours testing brokers by opening accounts, testing their platforms, and rating them according to a set of over 200 metrics. We deposit real money with the brokers to ensure that the products and user experience they advertise are consistent with reality.

We have found that the best way for traders to choose a broker is to compare brokers side-by-side. The comparison tool below allows you to compare two brokers based on their ratings and features.

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Broker Score
Min. Deposit
Trading Desk Type
Trading Instruments
Forex Pairs
Crypto Pairs
Trading Conditions
Trading Platforms
Deposit & Withdrawal
Education & Research
Assets Available
Customer Service
% Lose with this broker
Account Types
Islamic Account
Trading Platforms
Funding Methods
Trading Commission
11110.54.33/ 5 USD 100ASIC Regulated Forex BrokersFinancial Services AgencyFCA Regulated BrokersFinancial Services CommissionJordan Securities CommissionSTPCommodities, Cryptocurrencies, Stock CFDs, Forex, Indices, Metals13048
      Read Review 11110.54.5/ 5 111104/ 5 11110.54.5/ 5 11110.54.5/ 5 11110.54.5/ 5 11110.54.5/ 5 111104/ 5 66.79%500:10.20 pips Cent, Standard MT4, MT5Bank Transfer, Visa, Maestro, Unionpay, Skrill, Neteller, PixFees Included in Spread
      11110.54.53/ 5 AUD 100ASIC Regulated Forex BrokersSecurities Commission of the BahamasFCA Regulated BrokersCySEC Regulated BrokersMarket Maker NDDCommodities, Cryptocurrencies, Stock CFDs, Forex, Indices, Metals55100
      • Great platform choice
      • Excellent education
      • Limited demo account
      • No swap-free account option
      Read Review 111115/ 5 11110.54.5/ 5 11110.54.5/ 5 11110.54.5/ 5 11110.54.5/ 5 11110.54.5/ 5 111104/ 5 0500:10 pips Raw, Standard, TradingView MT4, MT5, TradingViewBank Transfer, Visa, Mastercard, Skrill, Neteller7 USD / lot

      How do Eightcap and Hantec Markets stack up against each other?

      The Radar Chart below highlights how the brokers stack up against each other across various metrics. The highest score a broker can receive in each area is 5.


      Hantec Markets

      At FxScouts, we help traders find the broker that suits their trading needs. In many cases, the best way to achieve this is to compare brokers side-by-side.

      To compare Eightcap and Hantec Markets, we used the same factors we use when reviewing brokers: The trust and regulation of the broker, the trading platform, the costs and trading conditions, and the level of education and market analysis available at the broker.

      Does Eightcap or Hantec Markets have a better trust and regulation rating?

      Trust and regulation are some of the most important factors to consider when choosing a Forex broker. Trust in the Forex trading business is almost entirely founded upon regulation. We spend many hours evaluating the safety of each broker by delving into their fine print and confirming each one of their regulatory licences on the online registers. The more top-tier authorities a broker is regulated by, the higher its trust rating.

      In our comparison, we found that Eightcap holds three Tier 1 and no Tier 2 licences, and Hantec Markets holds two Tier 1 and one Tier 2 licences.


      Is Eightcap financially regulated?

      Yes Eightcap was founded in 2009 and is regulated by ASIC, CySEC, FCA and SCB.


      Is Hantec Markets financially regulated?

      Yes Hantec Markets was founded in 1990 and is regulated by ASIC, FCA, FSA-Japan, FSC and JSE.


      Based on these findings, Eightcap earned a higher trust rating than Hantec Markets.

      Does Eightcap or Hantec Markets have lower costs?

      Another important aspect we consider when comparing brokers is the cost of trading. When evaluating trading costs, we always consider the minimum deposit required to open an account and the ongoing trading costs, including the spreads and commissions. When calculating trading costs, we measure the cost to trade one lot of EUR/USD using the broker’s account with the lowest minimum deposit. The cost includes both the spread and any commission charged. 

      Not all brokers publish their trading costs, so we often open accounts and trade on their platforms to verify the spreads and commissions. Based on our reviews, we found that Eightcap has overall lower trading costs than Hantec Markets. 

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      Trading Conditions
      Base Currencies
      EURUSD (Standard)
      Trading Cost (Standard)
      EURUSD (Best)
      GBPUSD (Best)
      USDJPY (Best)
      Hantec Markets
      111104/ 5
      USD, EUR, GBP, NGN
      0 pips
      USD 12
      0.20 pips
      0.50 pips
      0.50 pips
      USD 0
      11110.54.5/ 5
      1.00 pips
      USD 10
      0.06 pips
      0.73 pips
      0.23 pips
      USD 0


      Does Eightcap or Hantec Markets offer a better choice of trading platforms?

      Traders want Forex brokers to offer them a choice of trading platforms, so we give brokers who offer multiple platforms higher ratings. Trading platforms we consider include MetaTrader4, MetaTrader5, cTrader and proprietary mobile and web-based platforms. 

      In this case, 0 offers support for and 0 offers support for . 

      Do the brokers offer copy trading?

      Copy trading is a great option for beginner traders who can’t trade full-time or lack experience with Forex trading. In this case both Eightcap and Hantec Markets offer copy trading.

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      Platform Choice
      Copy Trading
      11110.54.5/ 5


      Which broker offers a better choice of trading instruments?

      A variety of CFD instruments – and a large range of CFDs for each instrument category allow traders more opportunities for profitable trading. The best brokers will have thousands of CFDs to trade, covering all these instrument categories. We found that Hantec Markets offers a greater range and depth of instruments to trade than Eightcap. Hantec Markets offers 130 Forex pairs to trade and Eightcap offers 55 Forex pairs to trade.

      Toplist Forex Pairs

      And what about Cryptocurrencies?

      In this case, Eightcap offers 100 cryptocurrencies while Hantec Markets offers 48 cryptocurrencies. So if you want to trade cryptocurrencies, we advise trading with Eightcap.

      Which broker offers better deposit and withdrawal processes?

      Although brokers may have reasonable trading fees, many traders are caught out by the high non-trading fees charged by some brokers, including deposits and withdrawals. Traders want to be able to deposit and withdraw funds quickly and cheaply. Most brokers have multiple funding methods with zero fees for making deposits, but some brokers make it more expensive and take longer to process withdrawals. 

      We rate brokers more highly that process withdrawals within 24 hours by multiple withdrawal methods and without charging processing fees. We found that neither Eightcap nor Hantec Markets charges a withdrawal fee. Overall, 0 has better deposit and withdrawal processes than 0. 

      Which broker offers better educational support?

      We often find that brokers offer very little in the way of educational materials, forcing traders to use other third-party sites or self-educate elsewhere. Beginner traders need well-structured, well-presented materials in multiple formats to get a good start at trading. More experienced traders also benefit from webinars led by experts in the field and advanced trading strategy sections with new trading ideas. 

      Hantec Markets has better educational support than Eightcap. Both Eightcap and Hantec Markets offer educational support for more experienced traders.

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      Beginner Course
      Advanced Course
      Well Structured Education
      Education Quality
      Hantec Markets


      Which broker offers better market analysis materials?

      To successfully predict the price movements of an instrument, traders will need access to frequent market research and analysis. We find that research and market analysis are always better when they are produced in-house and updated frequently. Third-party resources don’t show the same expertise in trading ideas, so we place a strong emphasis on frequent in-house updates. Some brokers also often offer interactive webinars where traders can learn from experts in the field. 

      We found that Eightcap offers better research analysis than Hantec Markets and that both Eightcap and Hantec Markets offer frequent webinars.

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      Economic Calendar
      Trading Central
      Trading View
      Free VPS
      Hantec Markets


      Our overall Verdict on Eightcap

      With two simple low deposit accounts, Eightcap offers appeals to cryptocurrency traders who are familiar with the MT4 and MT5 trading platforms looking for a large range of cryptocurrency options.   

      A well-regulated broker, Eightcap offers trading on Forex, indices, commodities, share CFDs, and over 250 cryptocurrencies, the largest set in the industry.    

      Eightcap offers two live accounts and a demo account. Both of its live accounts have a minimum deposit of 100 AUD (or currency equivalent), making them appealing to beginner traders.  The Standard Account has fees included in its variable spreads, which average at 1 pip on the EUR/USD, while its Raw Spread Account offers competitive spreads of 0.1 pips (EUR/USD) in exchange for a commission of 7 USD (round turn).  

      Both MT4 and MT5 are fully supported, and Eightcap offers a premium toolset by FX Blue Labs that includes an array of sophisticated alarms and messaging systems, and live sentiment and correlation tracking.  It also offers Capitalise.ai, a platform that helps customers create automated trading strategies using intuitive non-coding language.  

      While Forex education and analysis are not as comprehensive as some of Eightcap’s larger competitors, customer service is available in 10 languages and is responsive and knowledgeable.

      Our overall Verdict on Hantec Markets

      For traders who like simple account options, low trading fees, and the MT4 trading platform, Hantec Markets is a good option. But with no other trading platforms, a limited range of CFDs, and no trading tools apart from the Trading Central indicator, some traders may find Hantec lacking.

      Hantec Markets' Forex account has a reasonable minimum deposit  requirement of 100 USD putting it within the reach of most beginner traders, and spreads that start at 0 pips (EUR/USD), extremely tight compared to other brokers. No commissions are charged for Forex trading. However, Hantec Markets does not publish its average spreads and is not transparent about how its spreads are derived.

      Hantec Markets caters to both beginners and more experienced traders with its learning material, including webinars that are held three times a week, but market analysis is sorely lacking and rarely updated.

      Which broker has the highest overall rating?

      Eightcap has an overall rating of 4.53 and Hantec Markets has an overall rating of 4.33. For more detail please read our reviews of Eightcap and Hantec Markets.

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