Which broker is better for Saudi Arabia traders in 2026? Expert analysis across 12 categories.
For high-net-worth traders in Saudi Arabia, choosing between FP Markets and Hantec Markets is a critical decision. FP Markets holds a strong 4.7/5 rating, offering ultra-tight spreads, advanced platforms, and direct support for local payment methods like STC Pay and Bank Transfer. Hantec Markets, with a 3.6/5 score, provides a solid but less competitive offering. Both brokers cater to Saudi traders seeking Islamic accounts, but FP Markets stands out with better cost efficiency and execution speed. This comparison focuses on the specific needs of Saudi traders, including CMA regulatory awareness and local currency (SAR) handling.
| 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 |
FP Markets offers significantly lower trading costs for Saudi traders, with spreads from 0.0 pips on its Raw account for major pairs like EUR/USD, plus a low commission. Hantec Markets has higher spreads, typically starting at 1.2 pips, which adds up quickly for high-volume traders. For Saudi traders executing large lot sizes, FP Markets can reduce costs by up to 70% compared to Hantec Markets. This makes FP Markets the more cost-effective choice for active traders in the Kingdom.
| 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 |
|---|---|---|
| Saudi Arabia (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, and cTrader, all optimized for fast execution and advanced charting. Hantec Markets offers MT4 and MT5 but lacks cTrader. For Saudi traders who value algorithmic trading or multi-asset analysis, FP Markets’ platform range is superior. Both brokers offer mobile apps, but FP Markets’ platforms are more feature-rich and customizable, suiting high-net-worth individuals.
| 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 delivers ultra-fast execution with average speeds under 40ms on its Raw account, ideal for high-frequency Saudi traders. Hantec Markets execution is reliable but slower, averaging 100ms. For high-net-worth individuals trading large volumes, FP Markets’ speed 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 like ASIC and CySEC, while Hantec Markets holds licenses from FCA and FSA. Neither broker is regulated by the Saudi CMA, so Saudi traders must exercise due diligence. However, FP Markets’ stronger regulatory oversight and transparent operations give it an edge in trust and security. Both brokers segregate client funds, but FP Markets’ higher regulatory tier offers more protection for Saudi clients.
| 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 |
Saudi traders can fund their FP Markets account via Bank Transfer, STC Pay, and Credit Card, with no deposit fees and fast processing. Hantec Markets supports Bank Transfer and Credit Card but does not offer STC Pay, limiting local convenience. Withdrawals at FP Markets are processed within 24 hours for most methods, while Hantec Markets may take 2-5 business days. For Saudi traders, FP Markets provides better payment flexibility and speed, especially with STC Pay.
| 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 brokers offer Islamic (swap-free) accounts for Saudi Muslim traders. FP Markets provides Islamic accounts on all account types without additional charges, ensuring compliance with Sharia law. Hantec Markets also offers Islamic accounts, but conditions may include longer holding periods. For Saudi traders prioritizing religious compliance, FP Markets’ straightforward Islamic account policy is more attractive.
| 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 customer support in English and Arabic, with live chat, email, and phone. Hantec Markets provides support during market hours with limited Arabic assistance. For Saudi traders, FP Markets’ round-the-clock support and Arabic language option ensure faster issue resolution.
| 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 Saudi Arabia traders, FP Markets is the clear winner with a 4.7/5 rating vs Hantec Markets’ 3.6/5. FP Markets offers lower trading costs, faster execution, and better local payment support including STC Pay and Bank Transfer. Its Islamic account policy is more transparent, and its platform range suits high-net-worth individuals. While Hantec Markets is a reliable option, FP Markets provides superior value for Saudi traders seeking cost efficiency and local convenience. Always verify CMA compliance and test both brokers with a demo account before committing capital.