Which broker is better for Malta traders in 2026? Expert analysis across 12 categories.
Malta traders comparing IC Markets and Hantec Markets face a clear choice between cost-efficient trading and traditional broker reliability. IC Markets, rated 4.8/5, is a global ECN broker known for ultra-low spreads and high-speed execution, making it ideal for retail traders in Malta who trade frequently or use automated strategies. Hantec Markets, with a 3.6/5 score, is a smaller UK-based broker offering a more conventional trading experience with higher spreads but a focus on customer service and regulatory compliance. Both brokers accept Maltese clients and support popular local payment methods including Bank Transfer, Skrill, Neteller, and USDT TRC20 (IC Markets only). For Malta traders, the decision hinges on trading style: those seeking minimal costs and modern features will lean toward IC Markets, while those preferring a straightforward, regulated environment may consider Hantec Markets. The local financial regulator in Malta oversees all forex trading, ensuring both brokers meet EU standards for client fund protection and transparency.
| 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 Malta traders, IC Markets offers significantly lower trading costs with spreads from 0.0 pips on its Raw Spread account plus a $3.50 commission per lot per side. Hantec Markets has spreads starting from 1.2 pips on its Standard account with no commission. On a typical trade of 1 lot EUR/USD, IC Markets costs around $7 (spread + commission), while Hantec Markets costs approximately $12 (spread only). For high-volume traders or scalpers, IC Markets reduces costs by up to 40%. Both brokers offer variable spreads, but IC Markets maintains tighter pricing during volatile market hours, which benefits Malta traders active during European sessions.
| 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 |
|---|---|---|
| Malta (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 (MT4), MetaTrader 5 (MT5), and cTrader, all with full mobile and desktop support for Malta traders. Hantec Markets offers MT4 and its proprietary WebTrader. For Malta traders, MT5 and cTrader on IC Markets provide advanced charting, algorithmic trading, and depth-of-market data, which is crucial for scalping and EA trading. Hantec Markets lacks cTrader and MT5, limiting options for tech-savvy traders. Both platforms are available in English and support VPS hosting for automated strategies.
| 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 uses Equinix NY4 data centers with ultra-low latency execution averaging under 40ms, ideal for scalping and high-frequency traders in Malta. Hantec Markets has standard execution speeds around 100ms, suitable for swing traders but not for fast-paced strategies. IC Markets also offers no requotes on most trades, while Hantec Markets may requote during volatile periods.
| Safety Factor | IC Markets | Hantec Markets |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
IC Markets is regulated by CySEC (Cyprus) under EU MiFID II, providing negative balance protection, investor compensation schemes (up to €20,000), and segregation of client funds. Hantec Markets is regulated by the UK FCA and FSA (St. Vincent and the Grenadines), offering FSCS protection up to £85,000 for UK clients but not for Malta traders. For Maltese clients, IC Markets’ EU regulation ensures compliance with local financial regulator standards, including ESMA leverage caps of 30:1 for retail traders. Hantec Markets’ non-EU regulation means Maltese traders may face less oversight, though the FCA framework is still robust.
| 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 |
Malta traders can fund accounts at IC Markets via Bank Transfer (1-3 business days), Skrill (instant), Neteller (instant), and USDT TRC20 (instant, low fees). Minimum deposit is $200. Hantec Markets accepts Bank Transfer, Skrill, and Neteller but not USDT TRC20, with a minimum of $100. Withdrawals at IC Markets are processed within 24 hours for e-wallets and 1-3 days for bank transfers, with no fees from the broker. Hantec Markets takes 1-2 business days for e-wallet withdrawals and 3-5 days for bank transfers. USDT TRC20 is a standout feature at IC Markets, offering near-instant, low-cost transfers for crypto-savvy Malta traders.
| 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 IC Markets and Hantec Markets offer Islamic (swap-free) accounts for Malta Muslim traders. IC Markets provides swap-free accounts on all forex, metals, and indices with no hidden charges, available on request. Hantec Markets also offers swap-free accounts but may limit them to forex pairs only and charge a fee after a holding period (e.g., 10 days). For Malta traders requiring Sharia-compliant trading, IC Markets offers a more flexible and cost-effective solution with no restrictions on instruments or time limits.
| 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 provides 24/7 live chat, email, and phone support in English, with fast response times (under 1 minute for chat). Hantec Markets offers support during European business hours via live chat, phone, and email, with slightly slower response times (2-5 minutes). For Malta traders, IC Markets’ round-the-clock availability is advantageous for after-hours trading or technical issues.
| 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 Malta traders, IC Markets is the superior choice overall, scoring 4.8/5 versus Hantec Markets’ 3.6/5. IC Markets offers lower trading costs, faster execution, modern platforms like cTrader, and support for local payment methods including Bank Transfer, Skrill, Neteller, and USDT TRC20. Its EU regulation under CySEC ensures compliance with local financial regulator standards and client fund protection. Hantec Markets may appeal to beginners or those valuing UK regulation, but its higher spreads and limited platform options make it less competitive. For active retail traders in Malta seeking cost efficiency and flexibility, IC Markets is the recommended broker.