Which broker is better for Malaysia traders in 2026? Expert analysis across 12 categories.
EasyMarkets and Hantec Markets are two well-known forex brokers that cater to Malaysian traders, but they differ significantly in their offerings and suitability. EasyMarkets, with a rating of 3.4/5, has built a reputation for its user-friendly platform, fixed spreads, and risk management tools like 'DealCancellation' and 'Free Stop Loss'. Hantec Markets, scoring higher at 3.6/5, appeals to experienced retail traders in Malaysia through tighter variable spreads, a wider range of tradable instruments, and robust local payment support. Both brokers accept Malaysian Ringgit (MYR) deposits via local methods such as FPX, Bank Transfer, Skrill, and USDT, and they are not directly regulated by the Securities Commission Malaysia (SC Malaysia) but operate under internationally recognised licences. For Malaysian traders, key considerations include trading costs, platform features, deposit convenience, and execution quality. This comparison breaks down each aspect specifically for the Malaysian market, helping you decide which broker aligns with your trading style and local needs in 2025.
| Instrument | EasyMarkets | 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 | $25 | $10 | Hantec Markets |
When comparing trading costs for Malaysian traders, Hantec Markets generally offers lower spreads on major forex pairs. On its Raw account, EUR/USD spreads start from 0.5 pips with a small commission, whereas EasyMarkets uses fixed spreads starting from 1.2 pips with no commission on its Standard account. For active traders executing high volumes, Hantec Markets can save significant costs over time. However, EasyMarkets's fixed spreads provide certainty during volatile Asian session trading, which is when many Malaysian traders operate. Both brokers have low or no deposit fees for FPX and Bank Transfer, but note that EasyMarkets charges a small withdrawal fee for certain methods. Swap rates for overnight positions are competitive, but Malaysian traders using Islamic accounts will avoid these entirely.
| Account Type | EasyMarkets | Hantec Markets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $10 |
| Entity / Asset | EasyMarkets | Hantec Markets |
|---|---|---|
| Malaysia (offshore) | Up to 1:2000 | Up to 1:500 |
| Forex major pairs | 1:2000 | 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 | EasyMarkets | Hantec Markets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | EasyMarkets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | EasyMarkets |
| Crypto CFDs | 30+ | ✗ | EasyMarkets |
| Stocks / Share CFDs | ✗ | 1,700+ | Hantec Markets |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | Hantec Markets |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Malaysian traders value platforms that are stable, mobile-friendly, and support local charting tools. EasyMarkets offers its proprietary web platform, a mobile app, and MetaTrader 4 (MT4) with full Malaysian Ringgit support. Hantec Markets provides MT4, MT5, and a web trader, with advanced charting and expert advisors (EAs) that appeal to experienced retail traders. Both platforms are available in English and have mobile apps for on-the-go trading. EasyMarkets's proprietary platform features innovative tools like DealCancellation, which can protect Malaysian traders from sudden market moves during Asian economic releases. Hantec Markets's MT5 offers more timeframes and order types, better suiting advanced analysis.
| Factor | EasyMarkets | Hantec Markets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Hantec Markets |
| Avg execution speed | ~30ms | ~40ms | EasyMarkets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✗ | ✓ | Tie |
Execution quality is critical for experienced Malaysian traders who often trade during Asian sessions with lower liquidity. Hantec Markets uses straight-through processing (STP) on its Raw account, offering variable spreads and fast execution with no requotes. EasyMarkets operates a market maker model with fixed spreads, which can lead to slippage during news events but provides guaranteed stop losses on selected instruments. Overall, Hantec Markets provides more transparent price feeds and faster order execution, especially for scalpers. EasyMarkets's execution is reliable for swing trading but may frustrate high-frequency traders.
| Safety Factor | EasyMarkets | Hantec Markets |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both EasyMarkets and Hantec Markets are regulated by multiple authorities globally, but neither is directly licensed by the Securities Commission Malaysia (SC Malaysia). EasyMarkets is authorised by CySEC (Cyprus) and the FCA (UK), while Hantec Markets holds licences from the FCA, VFSC (Vanuatu), and FSA (Japan). For Malaysian traders, this means client funds are kept in segregated accounts with top-tier banks, providing a layer of security. However, since neither broker has a physical presence in Malaysia, traders rely on international trust. It is advisable to check the specific entity through which you open an account to ensure it falls under a respected regulator. The absence of SC Malaysia oversight means Malaysian traders must perform their own due diligence on broker reputation and financial stability.
| Payment Method | EasyMarkets | Hantec Markets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | Cards 1-2 business days; e-wallets instant-1 business day; bank wire 3-10 business days; overall back-office processing within 1 business day (24h) | 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 brokers make it easy for Malaysian traders to fund accounts using local payment methods. FPX (instant online banking) is the most popular choice, allowing direct transfers from Maybank, CIMB, Public Bank, RHB, and Hong Leong Bank. Bank Transfers via MEPS and IBG are also supported, though these may take 1-2 business days. Skrill and USDT (Tether) are additional options for those who prefer e-wallets or cryptocurrencies. EasyMarkets has a minimum deposit of MYR 100 via FPX, while Hantec Markets requires MYR 250. Withdrawals are processed back through the same methods: FPX withdrawals at EasyMarkets are free but limited to MYR 10,000 per day, while Hantec Markets offers free withdrawals via Bank Transfer once per month. Both brokers do not charge deposit fees, but Malaysian banks may impose a small transfer fee. USDT deposits are processed on the same day, making them ideal for active traders who need quick funding.
| Islamic Account Feature | EasyMarkets | 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 |
Malaysian Muslim traders who require Sharia-compliant accounts will find both brokers accommodating. EasyMarkets offers a swap-free Islamic account by default for all clients who declare they are Muslim, covering all instruments including forex, metals, indices, and commodities. Hantec Markets also provides Islamic accounts, but only for forex and metal CFDs; swaps on indices and commodities may still apply. Both brokers do not charge administration fees for swap-free accounts, though EasyMarkets may have slightly stricter verification requirements. For Malaysian traders trading predominantly currency pairs, both options are suitable, but EasyMarkets offers broader instrument coverage without swaps. It is recommended to confirm the account type in writing before depositing funds.
| Support Feature | EasyMarkets | Hantec Markets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
Malaysian traders can expect 24/5 multilingual customer support from both brokers. EasyMarkets offers live chat, email, and phone support with quick response times, though they do not have a dedicated Malaysia office. Hantec Markets provides similar channels and also has a support team with better knowledge of local payment methods like FPX. EasyMarkets has a slight edge with its 24/7 availability for existing clients via live chat, which can be helpful during weekend market analyses. Both support English and Bahasa Malaysia, but Hantec Markets's Malay language support is reportedly more consistent.
| Mobile Feature | EasyMarkets | Hantec Markets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | EasyMarkets |
| Google Play rating | 4.3 stars | 4.2 stars | EasyMarkets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | EasyMarkets | Hantec Markets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose Hantec Markets if you...
For experienced Malaysian retail traders, Hantec Markets edges out EasyMarkets with a higher overall rating of 3.6/5 compared to 3.4/5. Its lower spreads, faster execution, and strong support for local deposit methods like FPX and Bank Transfer make it the preferred choice for cost-conscious and active traders. However, EasyMarkets remains a solid contender for those who value simplicity, fixed costs, and innovative risk management tools, especially beginners or part-time traders with lower capital. Both brokers facilitate Islamic accounts and accept MYR deposits via FPX, Skrill, and USDT, ensuring accessibility for Malaysian Muslim traders. Considering the lack of direct SC Malaysia regulation, we recommend starting with a demo account on both platforms to test local latency, customer support responsiveness in Bahasa Malaysia, and overall trading experience before committing real funds.