IC Markets vs Hantec Markets: A Detailed Comparison for Chile Traders (2026)

For Chile traders, trading costs are a decisive factor, especially for high-volume strategies. IC Markets offers raw spreads from 0.0 pips on its True ECN account, with a commission of $3.50 per lot per side. This results in an effective cost of around $7 per lot round-turn for major pairs like EUR/USD. In contrast, Hantec Markets provides fixed spreads, typically from 1.2 pips on standard accounts with no commission. For a Chile trader executing 10 lots per month, IC Markets costs approximately $70 in commissions, while Hantec Markets costs $120 in spreads, making IC Markets 42% cheaper. Swap rates also favor IC Markets, which offers competitive overnight financing for CLP-denominated positions.

Both brokers offer MetaTrader 4 and MetaTrader 5, the industry-standard platforms favored by experienced Chile traders for their advanced charting, automated trading via Expert Advisors (EAs), and fast execution. IC Markets also provides cTrader, a platform known for its intuitive interface and depth of market, ideal for scalpers. Hantec Markets lacks cTrader but offers a proprietary web trader and mobile app. For Chile traders who rely on algorithmic trading or require low-latency execution, IC Markets’ platform variety and server infrastructure in New York and London provide a clear edge. Hantec Markets is suitable for traders who prefer a simpler, all-in-one platform with integrated educational tools.

IC Markets is renowned for its ultra-fast execution, with average speeds under 40 milliseconds on its True ECN servers located in New York and London. It uses a no-dealing-desk (NDD) model, ensuring no requotes or slippage. Hantec Markets offers market execution with speeds around 100 milliseconds, using a hybrid STP/DD model that may involve dealing desk intervention during volatile markets. For Chile traders employing scalping or high-frequency strategies, IC Markets’ execution is superior.

IC Markets is regulated by the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Authority (FSA) of Seychelles. Hantec Markets is regulated by the Financial Conduct Authority (FCA) in the UK and the Financial Services Commission (FSC) in Mauritius. Neither broker is directly regulated by the CMF Chile, but both comply with international standards that offer Chile traders a degree of protection. For Chile traders, the key difference is that FCA regulation (Hantec) provides negative balance protection and access to the Financial Ombudsman Service, while ASIC regulation (IC Markets) ensures strict client money segregation and leverage limits. IC Markets offers higher leverage (up to 1:500 for non-EU clients), which may appeal to experienced Chile traders seeking capital efficiency.

Chile traders can fund accounts at both IC Markets and Hantec Markets using Bank Transfer and Credit Card (Visa/Mastercard). IC Markets supports additional methods like PayPal, Neteller, Skrill, and cryptocurrencies (Bitcoin, Ethereum), providing flexibility. Minimum deposit is $200 for IC Markets and $500 for Hantec Markets. Deposits via Credit Card are instant, while Bank Transfers take 1-3 business days. Withdrawals are processed within 1 business day for IC Markets and 2-3 days for Hantec Markets. IC Markets charges no fees for withdrawals, while Hantec Markets may impose a small fee for bank wire transfers. For Chile traders, the availability of CLP conversion is not direct; both brokers convert to USD at market rates. IC Markets’ lower minimum deposit and faster withdrawal processing make it more convenient for active traders.

Both IC Markets and Hantec Markets offer Islamic (swap-free) accounts for Chile Muslim traders who wish to trade in accordance with Sharia law. IC Markets provides Islamic accounts on all account types (Standard, Raw Spread, and True ECN) without any swap charges on overnight positions. Hantec Markets offers Islamic accounts upon request, available on standard accounts only. IC Markets does not charge additional fees for Islamic accounts, while Hantec Markets may apply a small administrative fee after a holding period. For Chile traders seeking a true swap-free experience with full access to low spreads and advanced platforms, IC Markets is the better choice.

IC Markets offers 24/7 multilingual customer support via live chat, email, and phone, with Spanish-speaking agents available during Latin American trading hours. Hantec Markets provides support from 8:00 AM to 6:00 PM GMT (Monday to Friday) via phone, email, and a contact form. For Chile traders, IC Markets’ round-the-clock support is a significant advantage, especially for those trading during Asian or US sessions. Hantec Markets’ limited hours may be inconvenient for traders needing assistance outside business hours.