HomeCompareIC Markets vs Hantec MarketsMalaysia
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Complete Head-to-Head Comparison · 2026

IC Markets vs Hantec Markets 2026: Malaysia Broker Comparison

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

IC
IC Markets
ASIC · CySEC · FSA · Founded 2007
Open Account
VS
HA
Hantec Markets
FCA · ASIC · JFSA · Founded 1990
Open Account
Winner: Tied
Categories: 12 compared
For: Malaysia traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — Malaysia Traders

Best Overall
IC Markets & Hantec Markets
Higher overall score & more features
Best Spreads
Hantec Markets
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Malaysia Muslims
Best for Beginners
IC Markets
Better education & support
$200 vs $10
Min deposit
1:5000 vs 1:500
Max leverage
ASIC vs FCA
Top regulator
3.6 vs 3.6
Our scores
Table of Contents

For Malaysia traders seeking a reliable forex broker in 2026, IC Markets and Hantec Markets represent two distinct options. IC Markets, with a strong 4.8/5 rating, is a top choice for experienced retail traders who need tight spreads, fast execution, and access to advanced platforms like MetaTrader 4 and 5. Hantec Markets, rated 3.6/5, is a more traditional broker with a solid reputation in Asia, offering competitive conditions for moderate-volume traders. Both brokers accept Malaysia clients and support local payment methods such as FPX, Bank Transfer, Skrill, and USDT, making it easy to deposit and withdraw in MYR. However, their differences in trading costs, platform features, and regulatory oversight significantly impact the trading experience for Malaysians. This comparison focuses on key factors like spreads, execution speed, Islamic accounts, and support, helping you decide which broker aligns with your trading style and local needs.

🏆

Overall Scores Comparison

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

Trading Costs - Spreads & Commissions

InstrumentIC MarketsHantec 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 Malaysia traders, trading costs are critical, especially for high-frequency and scalping strategies. IC Markets offers raw spreads from 0.0 pips on its Raw Spread account, with a commission of $3.50 per lot per side. This results in an effective spread of around 0.1-0.3 pips on major pairs like EUR/USD, making it one of the most cost-effective brokers for active traders. Hantec Markets, by contrast, has standard spreads starting from 1.0 pips on major pairs with no commission. For a Malaysia trader executing 10 lots per day, IC Markets can save over $50 daily in spread costs compared to Hantec Markets. Volume-based traders will find IC Markets significantly cheaper over time.

📂

Account Types Comparison

Account TypeIC MarketsHantec 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 - Malaysia Traders

Entity / AssetIC MarketsHantec Markets
Malaysia (offshore)Up to 1:5000Up to 1:500
Forex major pairs1:50001:500
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Malaysia Traders
Traders in Malaysia typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassIC MarketsHantec MarketsWinner
Forex pairs90+65+IC Markets
Gold (XAU/USD)Tie
Oil (WTI/Brent)Tie
Stock indices25+ indices20+ indicesIC Markets
Crypto CFDs30+IC Markets
Stocks / Share CFDs1,700+Hantec Markets
ETFsTie
🖥️

Platforms Comparison

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

Both brokers offer MetaTrader 4 and MetaTrader 5, the most popular platforms among Malaysia traders. IC Markets also provides cTrader and WebTrader, giving experienced users more flexibility for algorithmic trading and custom indicators. Hantec Markets focuses solely on MT4 and MT5, which is sufficient for most retail traders but lacks the advanced charting tools of cTrader. For Malaysia traders who use Expert Advisors (EAs) or require low-latency execution, IC Markets’ support for VPS hosting and multiple platforms is a clear advantage. Hantec Markets is better suited for traders who prefer simplicity and are comfortable with standard MT4/MT5 setups.

Execution Quality - Speed & Slippage

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

IC Markets is known for its ultra-fast execution, with an average trade execution speed of around 40 milliseconds, supported by Equinix NY4 servers and low-latency connectivity. This is ideal for Malaysia scalpers and high-frequency traders. Hantec Markets has decent execution but averages around 100-150 milliseconds, which is slower and may cause slippage during volatile markets. For experienced Malaysia traders who rely on precise entry and exit points, IC Markets’ execution quality is superior.

🛡️

Regulation & Safety for Malaysia Traders

Safety FactorIC MarketsHantec Markets
Primary regulatorASICFCA
Top-tier regulated
Investor protection
Segregated funds
Neg. balance protection

IC Markets is regulated by top-tier authorities including ASIC (Australia) and CySEC (Cyprus), offering strong client fund protection through segregated accounts. It is not directly regulated by SC Malaysia, but its international licenses provide a high level of trust. Hantec Markets is regulated by the FCA (UK) and VFSC (Vanuatu), with client funds also segregated. For Malaysia traders, neither broker holds a local SC Malaysia license, but both are reliable choices with proven track records. IC Markets’ stricter regulatory oversight under ASIC gives it an edge in transparency and dispute resolution, while Hantec Markets’ FCA regulation is equally robust but less focused on retail forex. Malaysia traders should be aware that they are dealing with offshore entities, but both brokers have strong compliance histories.

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

Deposits & Withdrawals for Malaysia

Payment MethodIC MarketsHantec Markets
Bank Wire Transfer
Visa / Mastercard
Skrill
Neteller
USDT / Crypto
Withdrawal timeE-wallets instant-24hrs; Cards 3-5 business days (up to 10); Int'l bank wire up to 14 daysCrypto / USDT: 1 to 3 hours (for eligible wallets)E-wallets: Within hours up to 1 dayBank / Wire Transfers: 2 to 5 business days

Depositing and withdrawing funds is straightforward for Malaysia traders with both brokers. IC Markets supports FPX, Bank Transfer, Skrill, and USDT, along with credit/debit cards and Neteller. Minimum deposit is $200 (approx. MYR 900). Withdrawals are processed within 1-2 business days via the same methods, with no fees from the broker. Hantec Markets also accepts FPX, Bank Transfer, Skrill, and USDT, plus Perfect Money and local bank transfers. Minimum deposit is lower at $100 (approx. MYR 450). Withdrawals are typically processed within 24 hours, but may incur bank charges for international wires. For Malaysia traders, FPX is ideal for instant deposits, while USDT offers low-cost, fast transfers for crypto-savvy users. Both brokers do not charge deposit fees, but Malaysia banks may apply conversion fees for MYR transactions.

☪️

Islamic Accounts - Swap-Free for Malaysia Muslims

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

Both IC Markets and Hantec Markets offer Islamic (swap-free) accounts for Malaysia Muslim traders who require Sharia-compliant trading. IC Markets provides Islamic accounts on all account types (Standard, Raw Spread, and cTrader) with no swap charges on overnight positions. The account is available upon request after registration, and there are no hidden fees for most instruments. Hantec Markets also offers Islamic accounts with similar conditions, but some forex pairs and CFDs may incur a small administration fee after a holding period. For Malaysia traders, IC Markets is more transparent and cost-effective for long-term positions, while Hantec Markets is a viable alternative if you prefer a broker with a stronger local presence in Asia. Always confirm with support to ensure compliance with Sharia principles.

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 FeatureIC MarketsHantec MarketsWinner
Live chatTie
Phone supportTie
Email supportTie
24/7 supportTie
Response time (chat)<2 minutes<3 minutesIC Markets

IC Markets offers 24/7 multilingual customer support via live chat, email, and phone, with a dedicated team that responds promptly to Malaysia traders. Hantec Markets also provides 24/5 support (Monday to Friday) through live chat and email, with phone support available during business hours. For Malaysia traders, IC Markets’ round-the-clock support is a significant advantage, especially for those trading global markets during Asian and US sessions. Hantec Markets’ support is competent but limited to weekdays, which may be a drawback for active traders.

📱

Mobile App Comparison

Mobile FeatureIC MarketsHantec MarketsWinner
iOS App Store rating4.5 stars4.3 starsIC Markets
Google Play rating4.3 stars4.2 starsIC Markets
Biometric loginTie
Push notificationsTie
Full charting on mobileTie
TradingView mobileTie
📚

Education & Research Tools

ResourceIC MarketsHantec MarketsWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)MonthlyTie
Economic calendarTie
Market analysisDailyBasicIC Markets

Real User Reviews - Trustpilot

T
IC Markets
★★★★★
54.4K
54,430 verified reviews
View on Trustpilot
T
Hantec Markets
★★★★★
4.0K
4,000 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

IC Markets

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? - Malaysia Guide

Choose IC Markets if you...

  • Are an experienced Malaysia trader needing raw spreads from 0.0 pips and low commissions.
  • Trade high volumes and require fast execution (under 50 ms) for scalping or EA strategies.
  • Prefer multiple platforms including MT4, MT5, and cTrader for advanced charting and automation.
  • Want 24/7 customer support and a wider range of local payment options like FPX and USDT.

Choose Hantec Markets if you...

  • Prefer a broker with a strong FCA regulation and a longer track record in Asia.
  • Trade with lower capital (minimum $100 deposit) and moderate volumes.
  • Value simplicity and are comfortable with standard MT4/MT5 platforms.
  • Need a swap-free Islamic account with a more traditional broker setup.

FAQ - IC Markets vs Hantec Markets in Malaysia

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

Final Verdict - Malaysia 2026

IC Markets & Hantec Markets tied wins overall

For Malaysia traders, IC Markets is the clear winner with a 4.8/5 rating, offering lower spreads, faster execution, and more platform choices. Its support for FPX, Bank Transfer, Skrill, and USDT makes local deposits easy, while its Islamic account and 24/7 support cater to diverse needs. Hantec Markets (3.6/5) is a solid alternative for those who prioritize a regulated brand and lower minimum deposit, but its higher spreads and slower execution limit its appeal for active traders. Considering SC Malaysia’s oversight of local brokers, both are offshore, but IC Markets’ ASIC regulation provides stronger protection. For experienced Malaysia retail traders, IC Markets offers the best value for cost, speed, and flexibility.

Open IC MarketsOpen 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
IC Markets 3.6/5
Hantec Markets 3.6/5
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