Hantec Financial Expands its Operations to Africa: Unlocking New Opportunities

FinanceFeeds Editorial Team

Unleashing New Trading Opportunities: Leading Forex Broker Extends Services to African Traders and IBs

Hantec Group, a renowned global Forex trading company, has officially launched Hantec Financial Africa, aiming to cater to the African continent from its newly established regional headquarters in Rwanda.

With a presence in 19 cities across 14 countries and authorized by 12 prominent regulators, including the FCA in the UK and ASIC in Australia, Hantec has garnered multiple industry accolades, including four awards in 2023 alone.

The announcement of the launch was made by the group’s Founder, Mr. Tang Yu Lap, during a special exhibition held in Lagos, which also celebrated Hantec Group’s 33rd anniversary. Hantec holds the distinction of being the first licensed online broker in Hong Kong and was an early entrant into China and other regional markets. Subsequently, it expanded rapidly to Japan, Australasia, Europe, and South America. Hantec has earned the trust of traders in over 61 countries, facilitating over 5 million trades per month.

Commenting on the launch, Mr. Tang stated, “We recognized significant potential in Africa and have now chosen to invest directly and further expand in this rapidly growing and increasingly sophisticated market.”

When asked about Hantec’s differentiating factors in an increasingly competitive online forex broker market, Hantec Group CEO Freddy Lau responded, “We have observed that traders truly value our 33-year history and the wealth of experience it brings. Our size and expertise also enable us to offer highly competitive commissions and innovative solutions to our IB partners, assisting them in growing their businesses. It is their dedication and local knowledge that propels the business forward.”

Hantec Financial is commencing its operations with a highly experienced team based in Kigali, led by Armand Muganga, with support from its Hong Kong headquarters and London offices. Armand Muganga expressed his enthusiasm, stating, “Though it is early days, we are thrilled with the positive response we have received from experienced IBs in Africa. They have swiftly recognized the new growth opportunities that Hantec can provide, not only in terms of increased commissions but also through the innovative tools we offer to help them acquire and retain traders at scale.”

About Hantec Financial

Hantec Financial is an award-winning brand under the Hantec Group, boasting over 30 years of experience in the financial industry. With 12 regulatory licenses and a global presence in 19 cities across 14 countries, including China, Japan, Europe, and the UK, Hantec Financial offers a diverse range of financial assets, including forex, CFDs, commodities, indices, and US stocks. Committed to providing top-tier services, advanced trading platforms, and comprehensive educational resources, Hantec Financial empowers its clients and supports their financial goals.

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