Hantec Markets introduces a $500,000 client funds insurance policy underwritten by Lloyd’s of London for added trading security.
Hantec Markets introduces a $500,000 client funds insurance policy underwritten by Lloyd’s of London for added trading security.
Hantec Markets has introduced a new client funds insurance policy, providing enhanced protection for trader assets up to $500,000 per claimant. Underwritten by the esteemed Lloyd’s of London, this policy applies to all Hantec Markets clients and covers a diverse range of trading products, including currencies, commodities, and equities.
This initiative aims to bolster client security in response to growing concerns over market volatility and cybersecurity threats. As the financial services industry faces increasing pressure to safeguard client funds, Hantec Markets’ latest move underscores its commitment to providing a secure trading environment.
“We are dedicated to delivering exceptional trading experiences while prioritizing customer satisfaction and innovative technology,” stated 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.”
In addition to the regulatory safeguards already in place, the new insurance policy offers an extra layer of protection. For clients in the UK, where Hantec Markets operates under regulation, the policy provides protection amounting to £85,000. This insurance covers the firm’s wide array of trading products and ensures that each claimant receives up to $500,000 under the policy’s terms and conditions.
UK brokers are increasingly turning to Lloyd’s of London for client fund security, with ICM.com and ActivTrades recently implementing similar measures. Alongside the insurance launch, Hantec Markets announced the appointment of Alberto Barba Arévalo as the new Head of Business Development for the LATAM region. Arévalo, with his background at INFINOX Global and experience at brokerage firms like Blackwell Global and Swissquote, will bring valuable leadership to his new role.
Hantec Markets has been actively expanding its team, with the recent addition of Rajan Naik as Global Head of Marketing, who has also joined from INFINOX. The company has also ventured into prop trading with the launch of the Hantec Trader brand, positioning itself as one of the first FX/CFD brokers to explore this growing sector among retail investors.
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