HANTEC Markets (Australia) Pty Limited

MartinFX2010

Recruit
Messages
9
Hi Andrew,

Yes, I post on trade2win and here, as I see Hantec still alive,so I need to point out how badly Hantec did for me, anyway, I post my story again here, I know no one can help me, anyway, for you or other people to look to my case, if other people want to join Hantec thats up to you.

My Name is Martin, I live in Hong Kong, I invested USD 10K with Hantec( www.hantecmarkets.com / www.hantecfx.com) at 15th Nov 2010, according to their contract the STOP OUT MARGIN LEVEL is LESS OR EQUAL TO 30% OF the MARGIN, their leverage is 1:100. On 3rd Dec 2010, I was selling AUDUSD - 700,000 contracts, my balance at that point was 10159 and the used margin(open position margin) was USD 6953, so my available trading margin was 3206, unfortunelty, the AUD increased more and Hantec didn't apply the right margin call* and only closed my positions after I lose all the trading margin plus the most of my open position trading margin, I couldn't hedge the position because I didn't have trading margin available, but Hantec kept the positions opened, they only sold out the positions after -233% of the margin, that generated a big loss, my left balance was/is USD 1818, if they had apply the right margin call I should loss around USD 2280. On Monday I contacted with Mr. Leo Cui and he told me that Hantec has applied the right margin call and I know they didn't do that and it is not fair, if I couldn't open any new position even a hedge one because I didn't have free margin available, how could I have money(margin) to keep the losing positions opened? I am sure that Hantec is trying to cheated me, so I am here to tell everybody how they "work" and also to ask for the HELP of the FPA to solve this problem, if FPA or anybody else who can help me, please feel free to contact me via email or MSN(martinfxhk@hotmail.com ), thanks in advance and happy / safe trading for everybody!

*The right margin calculation can be found here >>> http://bit.ly/dHKLp5
 
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francoi

Recruit
Messages
6
nice history, but why did you not record your orders as we did? before complain or say non sense things in other's topics, you should have proofs of yours own tradings
 

MartinFX2010

Recruit
Messages
9
nice history, but why did you not record your orders as we did? before complain or say non sense things in other's topics, you should have proofs of yours own tradings

I just express my own opinion in your case only, of course in my case, I will provide proofs in my case.
 

King811

Banned
Messages
1
Your better off going to a casino.

The problem is simple. You are using too much leverage. Your account size is not big enough in the first place. Good traders only risk 1-2% of there account size. If you want to lose money just go to a casino instead or learn money management. With good MM you would not have this problem. Traders tend to blame there brokers for there mistakes!!!
 

MartinFX2010

Recruit
Messages
9
Be Smart

Hi,

If you are smart, do not trade with Hantec, they are smart in "steal" your money, anyway, I closed my post that is FPA "maybe" can not help, as Hantec is very smart in their policy. And I lost around 8000USD, but I get good experience from them, just stay away from those scam company.
 

Hantec Markets

HantecFx.com Representative
Messages
7
Hi,

If you are smart, do not trade with Hantec, they are smart in "steal" your money, anyway, I closed my post that is FPA "maybe" can not help, as Hantec is very smart in their policy. And I lost around 8000USD, but I get good experience from them, just stay away from those scam company.
Hello Martin,
you seem to be quite ademant that somehow we "stole" your money somehow. You still haven't identified yourself to us as being or having been an actual client of ours. If you have a legitimate grievance I urge you to please let me know and I will happily look into it for you.
In the meantime I don't think that stating on multiple forums that we are somehow a "scam company" without actually providing any further information or getting in contact with us is neither helpful to others or a proper way of going about these kind of issues.
Regards
Andrew
 

MartinFX2010

Recruit
Messages
9
Hi Andrew,

Ok, I post again my story below but I know no one can help anyway :

My Name is Martin, I live in Hong Kong, I invested USD 10K with Hantec( Hantec Markets (Australia) Pty Limited ????????????? | InterBank Direct | Hantec Trading Station / Forex Trading | Currency Trading | Forex Broker | MetaTrader 4 | Currenex | Hantec Markets) at 15th Nov 2010, according to their contract the STOP OUT MARGIN LEVEL is LESS OR EQUAL TO 30% OF the MARGIN, their leverage is 1:100. On 3rd Dec 2010, I was selling AUDUSD - 700,000 contracts, my balance at that point was 10159 and the used margin(open position margin) was USD 6953, so my available trading margin was 3206, unfortunelty, the AUD increased more and Hantec didn't apply the right margin call* and only closed my positions after I lose all the trading margin plus the most of my open position trading margin, I couldn't hedge the position because I didn't have trading margin available, but Hantec kept the positions opened, they only sold out the positions after -233% of the margin, that generated a big loss, my left balance was/is USD 1818, if they had apply the right margin call I should loss around USD 2280. On Monday I contacted with Mr. Leo Cui and he told me that Hantec has applied the right margin call and I know they didn't do that and it is not fair, if I couldn't open any new position even a hedge one because I didn't have free margin available, how could I have money(margin) to keep the losing positions opened? I am sure that Hantec is trying to cheated me, so I am here to tell everybody how they "work" and also to ask for the HELP of the FPA to solve this problem, if FPA or anybody else who can help me, please feel free to contact me via email or MSN(martinfxhk@hotmail.com), thanks in advance and happy / safe trading for everybody!

*The right margin calculation can be found here >>> Margin Call Exemplified | The Number 1 Cause of Death of Forex Traders | Learn Forex Trading
 

MartinFX2010

Recruit
Messages
9
Hi Andrew,

I do not know who you are and I am not judge anybody here, just show out Hantec's badly margin call method, anyway, my story open again for you or other people look again.
 
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