Which broker is better for Australia traders in 2026? Expert analysis across 12 categories.
For Australia traders seeking a reliable, ASIC-regulated forex broker, FxPro and Hantec Markets are two well-known choices, but they cater to different trading styles. FxPro, scoring 4.1/5, is a global brand with a strong presence in Australia, offering access to over 70 currency pairs and multiple platforms like MT4, MT5, and cTrader. Hantec Markets, scoring 3.6/5, is a smaller but established broker with a physical office in Sydney, focusing on fixed spreads and personalised service. Both are regulated by ASIC, meaning your funds are held in segregated accounts and you have access to AFCA dispute resolution. For experienced Australian traders, the choice often comes down to trading costs, platform flexibility, and deposit methods like BPAY, POLi, Bank Transfer, or Credit Card. This comparison breaks down each broker’s strengths for the Australian market, helping you decide which aligns with your strategy.
| Instrument | FxPro | 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 |
When it comes to trading costs, FxPro typically offers lower variable spreads, starting from 0.0 pips on its Raw+ account (with a $3 per lot commission), while Hantec Markets uses fixed spreads from 1.2 pips on standard accounts. For Australia traders trading during the Sydney session, FxPro’s variable spreads can be more cost-effective, especially for high-volume scalpers. Hantec Markets’ fixed spreads are predictable but may be wider during major news events. Over 100 lots per month, FxPro’s lower spreads can save hundreds of AUD in trading costs, making it the better choice for active traders.
| Account Type | FxPro | 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 | FxPro | Hantec Markets |
|---|---|---|
| Australia (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 | FxPro | Hantec Markets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FxPro |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FxPro |
| Crypto CFDs | 30+ | ✗ | FxPro |
| Stocks / Share CFDs | 1,000+ | 1,700+ | Hantec Markets |
| ETFs | ✗ | ✗ | Tie |
| Platform | FxPro | Hantec Markets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
FxPro offers a superior platform selection for Australia traders, including MetaTrader 4, MetaTrader 5, cTrader, and its proprietary FxPro Edge. This variety supports automated trading, advanced charting, and custom indicators—important for experienced traders. Hantec Markets provides only MetaTrader 4 and a web-based platform, which is adequate but less flexible. For Australian traders who rely on algorithmic trading or multi-asset analysis, FxPro’s cTrader and MT5 are clear advantages.
| Factor | FxPro | Hantec Markets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Hantec Markets |
| Avg execution speed | ~30ms | ~40ms | FxPro |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Execution quality is a key differentiator. FxPro uses No Dealing Desk (NDD) execution with low latency, averaging under 50ms on cTrader, which suits scalpers. Hantec Markets also offers NDD execution but with a dealing desk option for fixed spreads, which can introduce requotes during volatile markets. For Australia traders trading during Asian session liquidity, FxPro provides faster, more reliable fills.
| Safety Factor | FxPro | Hantec Markets |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both brokers are regulated by ASIC, which is critical for Australia traders. ASIC imposes strict client money segregation, leverage limits (maximum 1:30 for retail clients), and mandatory reporting. FxPro also holds licenses from FCA and CySEC, adding extra oversight. Hantec Markets is solely ASIC-regulated but has a local Sydney office, offering in-person support. For Australia traders, ASIC regulation ensures fund safety and access to AFCA if disputes arise, but FxPro’s multi-regulator status provides broader protection.
| Payment Method | FxPro | Hantec Markets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | 1 business day | Crypto / USDT: 1 to 3 hours (for eligible wallets)E-wallets: Within hours up to 1 dayBank / Wire Transfers: 2 to 5 business days |
Australia traders can fund accounts using local payment methods at both brokers. FxPro accepts Bank Transfer, Credit Card (Visa/Mastercard), and POLi, with no deposit fees and fast processing (typically same-day for POLi). Hantec Markets supports Bank Transfer, Credit Card, and BPAY, with deposits usually cleared within 1-2 business days. Withdrawals at FxPro are processed within 24 hours for POLi and bank transfers, while Hantec Markets takes 1-3 business days. Both brokers allow AUD accounts, avoiding conversion costs. For traders who prefer instant deposits, FxPro’s POLi option is more convenient, while BPAY users may lean toward Hantec Markets.
| Islamic Account Feature | FxPro | 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 FxPro and Hantec Markets offer Islamic (swap-free) accounts for Australia Muslim traders, in compliance with Sharia law. FxPro provides swap-free accounts on all account types (Standard, Raw+, and cTrader) without additional fees, while Hantec Markets offers them on request for standard accounts. Both brokers ensure no overnight interest is charged, and accounts are ASIC-compliant. For long-term position traders, this is a key consideration, and FxPro’s broader availability gives it an edge.
| Support Feature | FxPro | Hantec Markets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FxPro |
Customer support for Australia traders is strong at both brokers. FxPro offers 24/5 live chat, email, and phone support, with English-speaking agents available during Sydney hours. Hantec Markets provides similar support but with a dedicated Sydney-based team, offering local phone numbers and in-person visits. For urgent issues, FxPro’s 24/5 coverage is slightly better, but Hantec’s local presence is reassuring for some traders.
| Mobile Feature | FxPro | Hantec Markets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FxPro |
| Google Play rating | 4.3 stars | 4.2 stars | FxPro |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | FxPro | Hantec Markets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FxPro |
Choose FxPro if you...
Choose Hantec Markets if you...
For experienced Australia traders, FxPro is the stronger overall choice, offering lower costs, better platforms, and faster deposits via POLi—all under ASIC regulation. Its 4.1/5 score reflects its suitability for active, cost-conscious traders. Hantec Markets (3.6/5) is a solid alternative for those who value fixed spreads, BPAY deposits, and local support, but its platform limitations and higher spreads make it less competitive for scalpers. If you trade frequently with AUD accounts, FxPro’s combination of cTrader, tight spreads, and instant POLi deposits gives it the edge. For occasional traders who want simplicity and a local touch, Hantec Markets remains a viable choice. Both are ASIC-regulated, ensuring your funds are safe with either.