Which broker is better for Peru traders in 2026? Expert analysis across 12 categories.
Peru traders evaluating forex brokers face a clear choice between IC Markets and Hantec Markets. IC Markets, rated 4.8/5, is a globally recognized ECN broker known for ultra-low spreads and fast execution. Hantec Markets, rated 3.6/5, is a smaller broker with a focus on personalized service. For Peruvian retail traders, the decision often comes down to trading costs, local deposit options, and regulatory comfort. IC Markets supports deposits via Interbank, USDT, and Bank Transfer in PEN, while Hantec Markets relies on international wire transfers. Both brokers accept Peru clients without restrictions, but they are not regulated by the SMV Peru. This comparison breaks down spreads, platforms, funding, and regulation to help you choose the best broker for your trading style in 2026.
| 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 |
IC Markets offers significantly lower trading costs for Peru traders. Its Raw Spread account provides spreads from 0.0 pips on major forex pairs like EUR/USD, with a $3.50 commission per lot. Hantec Markets has fixed spreads that can be 1.2–2.0 pips wider, with no commission but higher overall cost. For a Peru trader executing 10 lots per month, IC Markets saves approximately $150–$200 in total trading costs. This difference is critical for active retail traders.
| 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 |
|---|---|---|
| Peru (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 popular among Peru traders for their advanced charting and automated trading capabilities. Hantec Markets offers only MT4, which is sufficient but less flexible. For Peru traders who use Expert Advisors or need multi-asset charting, IC Markets is the better choice. Both platforms are available in Spanish.
| 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 provides ultra-fast execution with an average speed of 40ms on its ECN infrastructure, ideal for scalpers and day traders in Peru. Hantec Markets has slower execution (around 100ms) due to its dealing desk model. Peru traders who value speed and minimal slippage should choose IC Markets.
| 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 ASIC (Australia) and CySEC, while Hantec Markets holds licenses from FCA (UK) and FSA (Vanuatu). Neither broker is regulated by the SMV Peru, but ASIC and FCA are respected globally. For Peru traders, this means client funds are segregated and negative balance protection applies. Hantec Markets’ FCA regulation offers strong protection, but IC Markets’ ASIC oversight is equally 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 |
IC Markets supports local payment methods for Peru traders: Interbank transfers (in PEN), USDT (Tether), and Bank Transfer. Deposits are processed within 1-2 hours for USDT, and 1-2 business days for bank transfers. Withdrawals are free and fast. Hantec Markets only accepts Bank Transfer (USD/EUR) and does not support Interbank or USDT, meaning Peru traders must convert PEN to USD, incurring conversion fees and longer processing times (3-5 business days). IC Markets is clearly more convenient for local funding.
| 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 Muslim traders in Peru. IC Markets provides these accounts on request with no restrictions on account types or trading strategies. Hantec Markets also offers Islamic accounts but may limit them to standard accounts only. Peru traders seeking flexibility should prefer IC Markets.
| 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 in English and Spanish. Hantec Markets has 24/5 support with slower response times. For Peru traders needing real-time assistance during Latin American trading 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 Peru traders, IC Markets is the clear winner with a 4.8/5 rating, lower trading costs, and local payment support via Interbank, USDT, and Bank Transfer in PEN. Hantec Markets’ 3.6/5 rating reflects higher spreads, fewer deposit options, and slower execution. While both brokers accept Peru clients and are not SMV-regulated, IC Markets’ ASIC regulation and ECN model offer better value. If you are a retail trader in Peru looking for cost-effective trading and convenient funding, IC Markets is the recommended choice in 2026.