Which broker is better for China traders in 2026? Expert analysis across 12 categories.
For China traders seeking offshore exposure to global forex markets, FP Markets and Hantec Markets represent two distinct options. FP Markets, with a Trustpilot score of 4.7/5, is a well-established Australian broker known for its tight spreads, fast execution, and extensive platform support. Hantec Markets, scoring 3.6/5, is a smaller broker with a longer history in Asia but higher trading costs. Both brokers accept Chinese clients and support deposits via USDT (Tether) and international Bank Transfers, which are critical for traders navigating China's capital controls. However, neither broker is regulated by the CSRC, so traders must operate within offshore frameworks. This comparison focuses on the specific needs of China traders: cost efficiency, deposit methods, platform usability, and regulatory considerations for 2026.
| Instrument | FP Markets | 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 | $100 | $10 | Hantec Markets |
For China traders, trading costs are a critical factor, especially for those trading high volumes. FP Markets offers a Raw account with spreads from 0.0 pips and a commission of $3 per lot per side, making it one of the most cost-effective brokers for active traders. Hantec Markets has wider spreads, typically starting from 1.2 pips on EUR/USD with no commission, which results in higher costs per trade. Over 100 standard lots, FP Markets can save a trader several hundred dollars compared to Hantec Markets. For China traders looking to maximize returns, FP Markets is clearly the cheaper option.
| Account Type | FP Markets | Hantec Markets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $100 | $10 |
| Entity / Asset | FP Markets | Hantec Markets |
|---|---|---|
| China (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 | FP Markets | Hantec Markets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FP Markets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FP Markets |
| Crypto CFDs | 30+ | ✗ | FP Markets |
| Stocks / Share CFDs | 1,000+ | 1,700+ | Hantec Markets |
| ETFs | ✓ | ✗ | Tie |
| Platform | FP Markets | Hantec Markets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✗ |
| TradingView | ✓ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
FP Markets provides MetaTrader 4, MetaTrader 5, cTrader, and IRESS, offering flexibility for different trading styles. cTrader is particularly popular for its advanced charting and fast execution. Hantec Markets also offers MT4 and MT5 but lacks cTrader. For China traders who rely on Expert Advisors (EAs) or algorithmic trading, both brokers support automated trading. However, FP Markets' additional platform options give it an edge for traders seeking advanced tools. Both platforms are available in English and Chinese languages.
| Factor | FP Markets | Hantec Markets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Hantec Markets |
| Avg execution speed | ~30ms | ~40ms | FP Markets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
FP Markets offers ultra-fast execution with an average speed of 40 milliseconds, thanks to its Equinix NY4 data center and No Dealing Desk (NDD) model. Hantec Markets also uses NDD execution but has slightly slower speeds, averaging 100 milliseconds. For China traders trading volatile markets like gold or USD/CNH, FP Markets' faster execution reduces slippage and improves trade accuracy.
| Safety Factor | FP Markets | Hantec Markets |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
FP Markets is regulated by top-tier authorities including ASIC (Australia) and CySEC (Cyprus), providing strong client fund protection and negative balance protection. Hantec Markets is regulated by the FCA (UK) and FSA (Vanuatu), with a smaller global footprint. For China traders, neither broker is regulated by the CSRC, meaning client funds are not protected under Chinese law. However, FP Markets' ASIC regulation offers a higher level of oversight and transparency, which is reassuring for offshore traders. Both brokers segregate client funds in tier-1 banks.
| Payment Method | FP Markets | Hantec Markets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | 24 hours | Crypto / USDT: 1 to 3 hours (for eligible wallets)E-wallets: Within hours up to 1 dayBank / Wire Transfers: 2 to 5 business days |
Depositing and withdrawing funds is a key concern for China traders due to capital controls. Both FP Markets and Hantec Markets accept USDT (Tether) deposits via TRC20 or ERC20 networks, allowing fast, low-cost transfers without bank involvement. International Bank Transfers in USD or EUR are also available but may take 3-5 business days and incur higher fees. FP Markets additionally supports credit/debit cards and e-wallets like Skrill and Neteller, providing more options for smaller deposits. Withdrawals at both brokers are processed within 24 hours for USDT and 1-3 days for bank transfers. No deposit fees are charged by either broker, but bank intermediary fees may apply.
| Islamic Account Feature | FP Markets | 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 FP Markets and Hantec Markets offer Islamic (swap-free) accounts for Muslim traders in China who require Sharia-compliant trading. FP Markets provides Islamic accounts on all account types (Standard, Raw, and Pro) without additional fees or restrictions. Hantec Markets offers Islamic accounts upon request, but some swap-free periods may apply. For China traders seeking a seamless swap-free experience, FP Markets is more accommodating. Both brokers ensure no overnight interest is charged or earned on positions.
| Support Feature | FP Markets | Hantec Markets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FP Markets |
FP Markets offers 24/7 multilingual customer support via live chat, email, and phone, with dedicated Chinese-speaking agents available. Hantec Markets provides support during Asian trading hours via email and phone, with limited Chinese language support. For China traders needing quick assistance, FP Markets' round-the-clock support is more reliable.
| Mobile Feature | FP Markets | Hantec Markets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FP Markets |
| Google Play rating | 4.3 stars | 4.2 stars | FP Markets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✓ | ✗ | FP Markets |
| Resource | FP Markets | Hantec Markets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FP Markets |
Choose FP Markets if you...
Choose Hantec Markets if you...
For China traders, FP Markets is the clear winner in this comparison. Its higher Trustpilot score (4.7/5), lower trading costs, faster execution, and better platform selection make it ideal for offshore traders seeking international exposure. Both brokers support USDT and Bank Transfers, but FP Markets offers more deposit options and 24/7 Chinese support. While neither is CSRC-regulated, FP Markets' ASIC oversight provides stronger protection. Hantec Markets may suit beginners or those preferring a simpler, commission-free model, but most China traders will benefit more from FP Markets' cost efficiency and advanced features in 2026.