Prop Firm Hantec Trader Introduces Instant Funding and Reaches $1M in Trader Payouts ⋅ Crypto World Echo
HantecTrader has announced the expansion of its challenge-based funded accounts toinclude instant funding options. The prop firm, owned by FX and CFD brokerHantec Markets, will offer a new type of account with up to $50K in simulatedbalances in selected jurisdictions.
Hantec Trader Adds InstantFunding to Its Offering
Until now,Hantec Trader offered two types of challenges: single and two-stage, foraccounts ranging from $2,000 to $200,000. Now, following industry trends in theprop firm sector, the Hantec Markets brand has decided to introduce”Instant Funding” accounts.
What’s themain difference? Primarily, traders don’t need to undergo preliminaryverification through challenges, achieve profit targets, or complete a minimumnumber 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 notingthat the cost of such challenges is typically significantly higher.
“Nochallenge phase. No delays. No waiting. Start trading from day one withsimulated balances up to $50k. Get immediately into the action after sign-up,and start building your skills,” the prop firm commented on social media.
HantecTrader emphasizes that the offer is currently available only in selectedregions. When logging into the prop firm’s English websitete,information about the new account type does not yet appear. Finance Magnatescontacted the prop firm’s representatives for more detailed information but hadnot received a response at the time of publication.
$1M in Payouts and OtherOffering Updates
There’sbeen a lot happening at Hantec Trader over the past few weeks. The company alsoreported that since its establishment at the turn of 2023 and 2024, it hasalready paid out over $1,000,000 in rewards to its clients.
They alsoshared statistics about where most of their current traders come from. BesidesPortugal, they are mainly from developing countries, including Brazil,Thailand, Nigeria, and the UAE.
InFebruary, the prop firm decided to expand its operational reach and open up toUK clients. At the same time, they presented a refreshed branding, changingtheir visual identity and color scheme: the previously dominant blue color wasreplaced with orange.
HantecTrader was established at a time when several other large CFD brokers beganentering the prop trading space. These included Axi Select, IC Funded, andOANDA Labs Trader.
“It’sevident that customers are seeking reliable and experienced firms to partnerwith, given the ongoing uncertainty in the industry,” commented BasharGokal, the Operations Manager at Hantec Trader, to Finance Magnates last year.”We expect the demand for prop trading to continue growing as prop tradingproviders target new market segments.”
This article was written by Damian Chmiel at www.financemagnates.com.
