Which broker is better for Australia traders in 2026? Expert analysis across 12 categories.
For Australian traders who demand low-cost, high-speed execution, the choice between IC Markets and Hantec Markets comes down to trading volume and feature depth. IC Markets, rated 4.8/5, is one of the most popular ASIC-regulated brokers among experienced Australian traders, offering raw spreads from 0.0 pips and support for local payment methods like BPAY, POLi, Bank Transfer, and Credit Card. Hantec Markets, with a 3.6/5 rating, is a smaller, more traditional broker that also holds an ASIC licence but caters to a different profile—traders who prefer a simpler platform and are willing to accept wider spreads for a more personalised service. Both brokers accept AUD deposits and comply with ASIC’s client money rules, but IC Markets clearly leads in cost efficiency and trading technology, making it the default choice for most Australian scalpers and day traders.
| Instrument | IC 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 | $200 | $10 | Hantec Markets |
For Australian traders, spread costs are a critical factor. IC Markets offers a Raw Spread account with spreads from 0.0 pips on EUR/USD and a $7 AUD commission per lot round turn. In contrast, Hantec Markets’ standard account spreads start around 1.2 pips with no commission. On a 10-lot trade, IC Markets costs roughly $70 AUD in commission, while Hantec Markets would cost $120 AUD in spread—a $50 AUD saving per trade with IC Markets. For high-frequency traders, this difference compounds significantly over a month.
| Account Type | IC Markets | Hantec Markets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $200 | $10 |
| Entity / Asset | IC Markets | Hantec Markets |
|---|---|---|
| Australia (offshore) | Up to 1:5000 | Up to 1:500 |
| Forex major pairs | 1:5000 | 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 | IC Markets | Hantec Markets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | IC Markets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | IC Markets |
| Crypto CFDs | 30+ | ✗ | IC Markets |
| Stocks / Share CFDs | ✗ | 1,700+ | Hantec Markets |
| ETFs | ✗ | ✗ | Tie |
| Platform | IC Markets | Hantec Markets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
IC Markets provides MetaTrader 4, MetaTrader 5, and cTrader—all preferred by Australian traders for their advanced charting, algorithmic trading, and custom indicators. Hantec Markets offers only MT4 and a proprietary web platform, which may feel limited for power users. Australian traders who rely on Expert Advisors (EAs) or require low-latency execution will find IC Markets’ platform ecosystem far more suitable.
| Factor | IC Markets | Hantec Markets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Hantec Markets |
| Avg execution speed | ~30ms | ~40ms | IC Markets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
IC Markets boasts average execution speeds of under 40 milliseconds, thanks to its Equinix NY4 data centre and low-latency infrastructure. Hantec Markets does not publicly disclose execution speeds but is known to be slower, with average fills around 100-200 milliseconds. For Australian scalpers and algorithmic traders, IC Markets’ speed is a decisive advantage.
| Safety Factor | IC Markets | Hantec Markets |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both IC Markets and Hantec Markets are regulated by ASIC, which means Australian clients benefit from strict leverage limits (max 30:1 for retail), negative balance protection, and segregated client funds. IC Markets also holds additional licences in Cyprus (CySEC) and the Seychelles (FSA), while Hantec Markets is solely ASIC-regulated. For Australian traders, ASIC oversight provides peace of mind, but IC Markets’ broader regulatory footprint adds an extra layer of security for international operations.
| Payment Method | IC Markets | Hantec Markets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | E-wallets instant-24hrs; Cards 3-5 business days (up to 10); Int'l bank wire up to 14 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 |
Australian traders can fund both accounts using BPAY, POLi, Bank Transfer, and Credit Card in AUD. IC Markets processes deposits instantly via POLi and Credit Card, while bank transfers take 1-2 business days. Hantec Markets also supports these methods but may take up to 1 business day for POLi and BPAY. Withdrawals at IC Markets are processed within 24 hours (free via bank transfer), whereas Hantec Markets can take 2-3 business days. For active Australian traders, IC Markets’ faster turnaround is a clear advantage.
| Islamic Account Feature | IC 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 Australian Muslim traders who cannot earn or pay interest. IC Markets provides swap-free accounts upon request via customer support, applicable to all account types. Hantec Markets automatically offers Islamic accounts during registration without needing a separate request. However, IC Markets’ account remains fully functional with no restrictions on trading style, while Hantec Markets may limit certain strategies on swap-free accounts.
| Support Feature | IC Markets | Hantec Markets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | IC Markets |
IC Markets offers 24/7 live chat, email, and phone support with a dedicated Australian phone number. Hantec Markets provides support during Sydney business hours via phone and email, with live chat available. For Australian traders who trade outside standard hours, IC Markets’ round-the-clock support is more reliable.
| Mobile Feature | IC Markets | Hantec Markets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | IC Markets |
| Google Play rating | 4.3 stars | 4.2 stars | IC Markets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | IC Markets | Hantec Markets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | IC Markets |
Choose IC Markets if you...
Choose Hantec Markets if you...
For the vast majority of Australian traders, IC Markets is the superior choice. Its combination of ultra-low spreads, lightning-fast execution, and full support for local payment methods like BPAY, POLi, Bank Transfer, and Credit Card makes it ideal for experienced traders. The 4.8/5 rating reflects consistent performance and strong ASIC regulation. Hantec Markets, while a legitimate ASIC broker, falls short in cost and technology, earning a 3.6/5. Unless you specifically need automatic Islamic accounts or prefer a smaller broker, IC Markets is the clear winner for Australian traders in 2026.