Exclusive: Hantec Markets upgrades to FCA 730K license, opens Jordan office

Hantec Hayel Bashir

LeapRate Exclusive… LeapRate has learned that FCA regulated Retail FX and CFDs broker Hantec Markets has taken two major steps in the company’s continued development.

First, in the UK, Hantec has upgraded its FCA license from a matched-principal license to a full-scope IFPRU €730k license.

And, the Hantec group has received authorization from the Jordan Securities Commission (JSC) and opened a new office in Amman, headed by Omar Hussein. In a recent interview with LeapRate, Hantec Director and COO Hayel Abu Hamdan (pictured above at left, alongside CEO Bashir Nurmohamed) mentioned that the company was close to opening a new Middle East office.

The company provided LeapRate with the following statement:

Hantec Markets are pleased to announce the opening of our new office in Amman, Jordan which is authorised and regulated by the Jordan Securities Commission (JSC). The regulation and subsequent office opening continues our global expansion into strategic regions and compliments our other offices worldwide. Hantec Markets will be one of only a handful of brokers and the only truly international broker with a physical presence in Jordan and we look forward to continuing to provide our ever increasing client base in the region with our service as well as welcoming new clients to Hantec Markets. The team in Jordan will be led by Mr Omar Hussein who will report to Bashir Nurmohamed and Hayel Abu Hamdan (pictured above). Mr Hussein has over 15 years’ experience in our Industry and possesses a wealth of knowledge of the Jordanian and Middle Eastern market with proven results.

Coming off the back of a record year for the company, along with the upgrade to the full scope IFPRU 730k licence in the UK, the next year looks to be a promising one for Hantec and we very much look forward to growing our global reach even further. Our license upgrade to a 730 will allow us to customise our offering to suit our clients in terms of spread, execution and leverage.  In spite of the ESMA intervention measures we are confident of increasing both our global client base and trading volume over the coming months and years.

Read Also: