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.

“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.