Hantec Markets Introduces $500,000 Client Funds Insurance

Monday, 26/08/2024 | 08:29 GMT by Damian Chmiel
  • Underwritten by Lloyd's of London, this policy covers all clients of the FX/CFD broker.
  • It also applies to their range of trading products, including currencies, commodities and equities.
Hamtec Markets

Hantec Markets Ltd, a global provider of leveraged trading services, announced today the introduction of a new client funds insurance policy, offering additional protection for trader assets up to $500,000 per claimant.

Hantec Markets Launches Client Funds Insurance

The insurance, underwritten by Lloyd's of London, covers all Hantec Markets Ltd's clients and aims to enhance security in the firm's trading environment. This move comes as financial services companies face increasing pressure to safeguard client funds amid market volatility and cybersecurity concerns.

Nader Nurmohamed, Chief Operating Officer at Hantec Markets
Nader Nurmohamed, Chief Operating Officer at Hantec Markets

“We are dedicated to delivering exceptional trading experiences while prioritizing customer satisfaction and innovative technology,” said Nader Nurmohamed, Chief Operating Officer at Hantec Markets. “The launch of the Hantec Client Funds Insurance is a testament to this commitment and marks yet another milestone in Hantec Markets' mission to provide secure and reliable trading solutions for our clients.”

The new insurance policy adds an extra layer of protection beyond existing regulatory safeguards. In the case of the UK market, where Hantec is among those regulated, the protection amounts to £85,000.

The additional insurance applies to Hantec Markets' range of trading products, which include currencies, precious metals, equities , and commodities.

“Hantec Markets ensures that each claimant is insured for up to USD 500,000, in accordance with the limits and terms and conditions specified in the policy,” the company further commented.

Seeking additional security for their clients, UK brokers often turn to the support of Lloyd’s of London. ICM.com and ActivTrades recently made a similar move.

New Head of Business Development for LATAM

At the same time, Hantec announced personnel changes, appointing Alberto Barba Arévalo as the new Head of Business Development for the LATAM region. For the past four years, he has been associated with INFINOX Global, previously working with various other brokerage and financial firms, including Blackwell Global, Swissquote, and Black Pearl Securities.

“We're confident that his leadership and experience will be an invaluable asset to his team, and we can't wait to see their collaborative efforts and achievements,” commented Hantec.

A few months ago, the broker also appointed a new Global Head of Marketing , Rajan Naik, who also joined it from INFINOX.

Recently, the company has also moved into prop trading by launching the Hantec Trader brand. As a result, it has become one of the first FX/CFD brokers to venture into this increasingly popular industry among retail investors.

Hantec Markets Ltd, a global provider of leveraged trading services, announced today the introduction of a new client funds insurance policy, offering additional protection for trader assets up to $500,000 per claimant.

Hantec Markets Launches Client Funds Insurance

The insurance, underwritten by Lloyd's of London, covers all Hantec Markets Ltd's clients and aims to enhance security in the firm's trading environment. This move comes as financial services companies face increasing pressure to safeguard client funds amid market volatility and cybersecurity concerns.

Nader Nurmohamed, Chief Operating Officer at Hantec Markets
Nader Nurmohamed, Chief Operating Officer at Hantec Markets

“We are dedicated to delivering exceptional trading experiences while prioritizing customer satisfaction and innovative technology,” said Nader Nurmohamed, Chief Operating Officer at Hantec Markets. “The launch of the Hantec Client Funds Insurance is a testament to this commitment and marks yet another milestone in Hantec Markets' mission to provide secure and reliable trading solutions for our clients.”

The new insurance policy adds an extra layer of protection beyond existing regulatory safeguards. In the case of the UK market, where Hantec is among those regulated, the protection amounts to £85,000.

The additional insurance applies to Hantec Markets' range of trading products, which include currencies, precious metals, equities , and commodities.

“Hantec Markets ensures that each claimant is insured for up to USD 500,000, in accordance with the limits and terms and conditions specified in the policy,” the company further commented.

Seeking additional security for their clients, UK brokers often turn to the support of Lloyd’s of London. ICM.com and ActivTrades recently made a similar move.

New Head of Business Development for LATAM

At the same time, Hantec announced personnel changes, appointing Alberto Barba Arévalo as the new Head of Business Development for the LATAM region. For the past four years, he has been associated with INFINOX Global, previously working with various other brokerage and financial firms, including Blackwell Global, Swissquote, and Black Pearl Securities.

“We're confident that his leadership and experience will be an invaluable asset to his team, and we can't wait to see their collaborative efforts and achievements,” commented Hantec.

A few months ago, the broker also appointed a new Global Head of Marketing , Rajan Naik, who also joined it from INFINOX.

Recently, the company has also moved into prop trading by launching the Hantec Trader brand. As a result, it has become one of the first FX/CFD brokers to venture into this increasingly popular industry among retail investors.

About the Author: Damian Chmiel
Damian Chmiel
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About the Author: Damian Chmiel
Damian Chmiel is a Senior Analyst & Editor at Finance Magnates with more than 15 years of experience in the CFD and online trading industry. Active as both a trader and journalist since 2010, he focuses on broker coverage, fintech innovation, and regulatory developments across Europe, the Middle East, and Asia. His work includes interviews with C-level leaders at major brokerages and fintech platforms, as well as co-authoring Finance Magnates’ quarterly industry benchmarking reports. Damian’s reporting is data-driven, market-aware, and grounded in direct industry engagement. His analysis and commentary have also been cited by external media outlets, including Investing.com, Binance, The Asset, Stockhead, and Dispatch. Education: MA in Finance and Accounting, Cracow University of Economics
  • 3351 Articles
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