HomeCompareFXTM vs Hantec MarketsMongolia
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Complete Head-to-Head Comparison · 2026

FXTM vs Hantec Markets 2026: In-Depth Comparison for Mongolia Traders

Which broker is better for Mongolia traders in 2026? Expert analysis across 12 categories.

FXTM logo
FXTM
FCA · CySEC · FSCA · Founded 2011
Open Account
VS
HA
Hantec Markets
FCA · ASIC · JFSA · Founded 1990
Open Account
Winner: FXTM
Categories: 12 compared
For: Mongolia traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — Mongolia Traders

Best Overall
FXTM
Higher overall score & more features
Best Spreads
Hantec Markets
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Mongolia Muslims
Best for Beginners
FXTM
Better education & support
$200 vs $10
Min deposit
1:3000 vs 1:500
Max leverage
FCA vs FCA
Top regulator
3.7 vs 3.6
Our scores
Table of Contents

Mongolia's forex trading scene is growing, with emerging retail traders in Ulaanbaatar and beyond seeking reliable brokers. FXTM and Hantec Markets are two popular choices, but they cater to different needs. FXTM, with a strong global reputation and a score of 4.3/5, offers extensive educational resources, multiple platforms, and local payment methods like QPay and USDT. Hantec Markets, scoring 3.6/5, provides competitive spreads and a simpler account structure. Both are regulated by the Financial Regulatory Commission (FRC) of Mongolia, ensuring a level of trust. For Mongolia traders, the key differences lie in deposit flexibility, trading costs, and platform variety. FXTM's support for MNT-friendly payments through QPay and USDT gives it an edge, while Hantec Markets appeals to cost-conscious traders. This comparison breaks down every aspect to help you decide which broker aligns with your trading style and local needs.

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Overall Scores Comparison

FXTM
FXTM
FCA · CySEC · FSCA
3.7
CompareBroker score
Winner
VS
HA
Hantec Markets
FCA · ASIC · JFSA
3.6
CompareBroker score
Trading Costs
Spreads, commissions
3.8
WIN
3.7
Platforms
MT4, MT5, cTrader, TV
3.4
WIN
3.3
Regulation
Safety, oversight
4.0
WIN
3.9
Deposits
Local payments
3.8
WIN
3.7
Customer Support
24/5, chat, phone
3.5
WIN
3.4
Education
Webinars, guides
3.8
WIN
3.7
Execution
Speed, slippage
3.8
WIN
3.7
Mobile App
iOS, Android
3.7
WIN
3.6
💹

Trading Costs - Spreads & Commissions

InstrumentFXTMHantec MarketsWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotHantec Markets
XAU/USD (Gold)$0.14 typical$0.12 typicalHantec Markets
GBP/USD avg spread0.29 pips0.23 pipsHantec Markets
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsHantec Markets
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$200$10Hantec Markets

For Mongolia traders, trading costs directly impact profitability. FXTM's spreads start from 1.3 pips on the Standard account and 0.1 pips on the ECN account (plus commission). Hantec Markets offers spreads from 0.0 pips on its ECN account with a $3 commission per lot. On a standard lot of EUR/USD, FXTM's cost is around $13 on the Standard account, while Hantec Markets can be as low as $3 on ECN. For high-volume traders, Hantec Markets is cheaper, but FXTM's spreads are still competitive for smaller accounts. Both brokers have no hidden fees, but FXTM charges an inactivity fee after 6 months, which Hantec Markets does not. Mongolia traders should consider their trading volume and account type to minimize costs.

📂

Account Types Comparison

Account TypeFXTMHantec Markets
Standard account
ECN / Raw spread
Islamic (swap-free)
Demo account
PAMM / MAM account
Zero spread account
Copy trading
Min deposit$200$10
⚖️

Leverage Comparison - Mongolia Traders

Entity / AssetFXTMHantec Markets
Mongolia (offshore)Up to 1:3000Up to 1:500
Forex major pairs1:30001:500
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Mongolia Traders
Traders in Mongolia typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
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Trading Instruments - Assets Available

Asset ClassFXTMHantec MarketsWinner
Forex pairs90+65+FXTM
Gold (XAU/USD)Tie
Oil (WTI/Brent)Tie
Stock indices25+ indices20+ indicesFXTM
Crypto CFDsFXTM
Stocks / Share CFDs1,700+Hantec Markets
ETFsTie
🖥️

Platforms Comparison

PlatformFXTMHantec Markets
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Expert Advisors (EAs)
Scalping allowed
Hedging allowed

FXTM offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5), plus its proprietary FXTM Trader app for mobile trading. This variety suits Mongolia traders who want advanced charting, automated trading, or simple mobile access. Hantec Markets also provides MT4 and MT5, but lacks a proprietary platform. For Mongolia traders, MT4/MT5 are widely preferred for their reliability and custom indicators. FXTM's additional tools, like economic calendars and market analysis, add value for beginners. Both platforms support Expert Advisors (EAs) for algorithmic trading. The choice depends on whether you need extra educational resources (FXTM) or prefer a streamlined platform experience (Hantec Markets).

Execution Quality - Speed & Slippage

FactorFXTMHantec MarketsWinner
Execution modelECN/STPTrue ECNHantec Markets
Avg execution speed~30ms~40msFXTM
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowedTie
EA / Bot tradingTie

Both brokers offer fast execution speeds. FXTM uses STP/ECN execution with no dealing desk intervention, ensuring orders are filled at the best available prices. Hantec Markets also uses ECN technology with low latency. For Mongolia traders, execution quality is similar, but FXTM's larger liquidity pool may result in slightly better fills during volatile markets. Slippage is minimal for both. High-frequency traders may prefer FXTM's more advanced order types and faster execution.

🛡️

Regulation & Safety for Mongolia Traders

Safety FactorFXTMHantec Markets
Primary regulatorFCAFCA
Top-tier regulated
Investor protection
Segregated funds
Neg. balance protection

Both FXTM and Hantec Markets are regulated by multiple authorities, including the FRC in Mongolia. FXTM is also regulated by CySEC (Cyprus), FCA (UK), and FSCA (South Africa), offering strong investor protection. Hantec Markets is regulated by the FCA (UK) and FSC (Mauritius), along with the FRC. For Mongolia traders, FRC regulation means both brokers comply with local financial laws. FXTM's additional Tier-1 regulations provide extra security, including negative balance protection and compensation schemes. Hantec Markets' FCA regulation also offers high standards. Overall, both are safe, but FXTM's broader regulatory oversight gives it a slight edge.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Mongolia traders may differ by entity.
💳

Deposits & Withdrawals for Mongolia

Payment MethodFXTMHantec Markets
Bank Wire Transfer
Visa / Mastercard
Skrill
Neteller
USDT / Crypto
Withdrawal time24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 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

Mongolia traders benefit from FXTM's diverse deposit options, including Bank Transfer, QPay, and USDT (Tether). QPay allows instant deposits in MNT via mobile wallets, while USDT offers fast, low-cost transfers. FXTM has no deposit fees and processes withdrawals within 24 hours. Hantec Markets supports Bank Transfer and credit/debit cards, but does not accept QPay or USDT, which limits convenience for local traders. Minimum deposits at FXTM are $10 (Standard account) and $200 (ECN), while Hantec Markets requires $50 minimum. For withdrawals, both brokers process requests within 1-3 business days. FXTM's local payment integration makes it more accessible for Mongolia traders, especially those without international bank accounts.

☪️

Islamic Accounts - Swap-Free for Mongolia Muslims

Islamic Account FeatureFXTMHantec Markets
Swap-free available
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported
How to applyContact supportContact support

Both FXTM and Hantec Markets offer Islamic (swap-free) accounts for Mongolia's Muslim traders, complying with Sharia law by charging no overnight interest. FXTM provides Islamic accounts on its Standard and ECN accounts, with no swap fees on positions held overnight. Hantec Markets also offers swap-free accounts upon request, but may have longer processing times. FXTM's Islamic accounts come with the same low spreads and no hidden charges. For Muslim traders in Mongolia, both brokers are suitable, but FXTM's straightforward application process and global experience with Islamic accounts give it an advantage.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureFXTMHantec MarketsWinner
Live chatTie
Phone supportTie
Email supportTie
24/7 supportTie
Response time (chat)<2 minutes<3 minutesFXTM

FXTM offers 24/5 customer support in multiple languages, including English, via live chat, email, and phone. For Mongolia traders, support is responsive and helpful, with dedicated account managers for larger deposits. Hantec Markets provides support via live chat and email during market hours, but lacks 24/7 availability. FXTM's extensive FAQ and educational resources also reduce the need for direct support. Overall, FXTM's support is more comprehensive and accessible for Mongolia traders.

📱

Mobile App Comparison

Mobile FeatureFXTMHantec MarketsWinner
iOS App Store rating4.5 stars4.3 starsFXTM
Google Play rating4.3 stars4.2 starsFXTM
Biometric loginTie
Push notificationsTie
Full charting on mobileTie
TradingView mobileTie
📚

Education & Research Tools

ResourceFXTMHantec MarketsWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)WeeklyMonthlyTie
Economic calendarTie
Market analysisDailyBasicFXTM

Real User Reviews - Trustpilot

T
FXTM
★★★★★
1.1K
1,073 verified reviews
View on Trustpilot
T
Hantec Markets
★★★★★
4.0K
4,000 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

FXTM

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-$200 min deposit
-No 24/7 support

Hantec Markets

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - Mongolia Guide

Choose FXTM if you...

  • Want local deposit options like QPay and USDT for easy funding in MNT.
  • Prefer a broker with strong global regulation (FCA, CySEC) plus FRC oversight.
  • Need extensive educational resources and multiple platforms (MT4, MT5, proprietary app).
  • Are a beginner or emerging trader looking for a comprehensive trading experience.

Choose Hantec Markets if you...

  • Focus on low spreads (from 0.0 pips) and lower trading costs for high volume.
  • Prefer a simpler account structure with lower minimum deposits ($50).
  • Don't need local payment methods like QPay or USDT.
  • Are an experienced trader who values tight spreads over extra features.

FAQ - FXTM vs Hantec Markets in Mongolia

Is FXTM or Hantec Markets better for Mongolia? +
Can Mongolia traders use both brokers legally? +
Which broker has lower spreads for Mongolia traders? +
How do Mongolia traders deposit at FXTM and Hantec Markets? +
Do both brokers offer Islamic accounts for Mongolia? +

Final Verdict - Mongolia 2026

FXTM wins overall

For Mongolia traders, FXTM is the better overall choice due to its higher score (4.3/5), local payment integration with QPay and USDT, and robust regulatory backing from the FRC and other top-tier bodies. Its educational tools and platform variety make it ideal for emerging retail traders. Hantec Markets is a solid alternative for cost-conscious traders who prioritize low spreads and don't need local payment methods. However, FXTM's deposit flexibility and broader support for Mongolia's trading community give it a clear edge. If you value convenience and comprehensive service, choose FXTM. If low costs are your only priority, Hantec Markets is worth considering. Both are FRC-regulated, so safety is assured.

Open FXTMOpen Hantec Markets
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of July 2026.
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Score Summary
FXTM Winner3.7/5
Hantec Markets 3.6/5
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