Which broker is better for New Zealand traders in 2026? Expert analysis across 12 categories.
When comparing Admirals vs Hantec Markets for New Zealand traders in 2026, the choice hinges on regulation, costs, and local payment support. Admirals, scoring 4.1/5, is a global broker known for low spreads, MetaTrader platforms, and extensive educational resources. Hantec Markets, scoring 3.6/5, is a smaller but reputable broker with direct FMA regulation in New Zealand, appealing to traders who prioritize local oversight. Both brokers accept New Zealand clients and support local payment methods including Bank Transfer, Skrill, Neteller, and USDT TRC20. This comparison breaks down key factors—trading costs, platforms, regulation, deposits, and more—specifically for New Zealand retail traders.
| Instrument | Admirals | Hantec Markets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Hantec Markets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Hantec Markets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Hantec Markets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Hantec Markets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $1 | $10 | Admirals |
For New Zealand traders, trading costs are a critical factor. Admirals offers tighter spreads, with EUR/USD starting from 0.0 pips on its Zero account and a commission of $3 per lot. Hantec Markets provides spreads from 0.8 pips on EUR/USD with no commission, making it slightly more expensive for high-volume traders. Over 100 lots per month, Admirals can save New Zealand traders up to $300 USD in spread costs, especially when trading during the Asian session when liquidity is lower.
| Account Type | Admirals | Hantec Markets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $1 | $10 |
| Entity / Asset | Admirals | Hantec Markets |
|---|---|---|
| New Zealand (offshore) | Up to 1:500 | Up to 1:500 |
| Forex major pairs | 1:500 | 1:500 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | Admirals | Hantec Markets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Admirals |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Admirals |
| Crypto CFDs | 30+ | ✗ | Admirals |
| Stocks / Share CFDs | 1,000+ | 1,700+ | Hantec Markets |
| ETFs | ✓ | ✗ | Tie |
| Platform | Admirals | Hantec Markets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Admirals provides MetaTrader 4, MetaTrader 5, and its proprietary WebTrader, all fully compatible with New Zealand internet speeds and time zones. Hantec Markets offers MetaTrader 4 only, which is reliable but less versatile. For New Zealand traders who need mobile trading on the go, Admirals’ MT5 offers advanced charting and more timeframes. Hantec Markets’ MT4 is sufficient for basic forex trading but lacks the depth needed for multi-asset strategies.
| Factor | Admirals | Hantec Markets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Hantec Markets |
| Avg execution speed | ~30ms | ~40ms | Admirals |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Admirals uses No Dealing Desk (NDD) execution with low latency, ideal for New Zealand traders who trade during the Asian or London sessions. Hantec Markets offers straight-through processing (STP) execution, which is reliable but may show slight re-quotes during volatile news events. For scalpers and day traders, Admirals provides faster execution speeds and fewer slippage issues.
| Safety Factor | Admirals | Hantec Markets |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Admirals is regulated by the FCA (UK) and CySEC (Cyprus), providing strong investor protection but not local oversight. Hantec Markets is regulated by the FMA (New Zealand’s local financial regulator), which means New Zealand traders have direct recourse to a local authority. This local regulation is a key advantage for Hantec Markets, offering more immediate support and compliance with New Zealand financial laws. Admirals, however, offers additional protections through FCA compensation schemes.
| Payment Method | Admirals | Hantec Markets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | e-wallets take instant to 1 business day, credit/debit cards take 1 business day, and bank transfers take 1 to 3 business days. | Crypto / USDT: 1 to 3 hours (for eligible wallets)E-wallets: Within hours up to 1 dayBank / Wire Transfers: 2 to 5 business days |
Both Admirals and Hantec Markets support Bank Transfer, Skrill, Neteller, and USDT TRC20 for New Zealand traders. Admirals also accepts credit/debit cards and PayPal, with minimum deposit of $100 USD and free withdrawals via bank transfer. Hantec Markets offers a lower minimum deposit of $50 USD and adds POLi for local bank transfers, which is popular in New Zealand. USDT TRC20 deposits are processed within minutes at both brokers, ideal for crypto-savvy traders. Withdrawal times are similar—1-3 business days for bank transfers, instant for e-wallets.
| Islamic Account Feature | Admirals | Hantec Markets |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both brokers offer Islamic (swap-free) accounts for New Zealand Muslim traders. Admirals provides swap-free accounts upon request, with no additional fees for holding positions overnight on major forex pairs. Hantec Markets offers automatic swap-free accounts for eligible clients, with a wider range of instruments covered. For New Zealand traders following Sharia law, both options are viable, but Hantec Markets’ automatic setup is more convenient.
| Support Feature | Admirals | Hantec Markets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Admirals |
Admirals offers 24/5 customer support in English via live chat, email, and phone, with a dedicated team for New Zealand traders. Hantec Markets provides support during NZ business hours (8am-6pm NZST) via phone and email, with a local Auckland office. For New Zealand traders needing after-hours help, Admirals’ 24/5 support is more accessible.
| Mobile Feature | Admirals | Hantec Markets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Admirals |
| Google Play rating | 4.3 stars | 4.2 stars | Admirals |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | Admirals | Hantec Markets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Admirals |
Choose Admirals if you...
Choose Hantec Markets if you...
For New Zealand traders, Admirals is the stronger overall choice with a 4.1/5 rating, offering lower spreads, more platforms, and better support. Its acceptance of Bank Transfer, Skrill, Neteller, and USDT TRC20 makes it convenient for local deposits. However, Hantec Markets (3.6/5) wins on local regulation via the FMA, which provides peace of mind for risk-averse traders. If you value cost efficiency and platform variety, choose Admirals. If local oversight and a lower entry point matter more, Hantec Markets is a solid alternative. Both brokers are reliable and tailored for New Zealand retail traders.