IC Markets Vs Hantec Markets For Philippines Traders (2026)

IC Markets offers significantly lower trading costs for Philippines traders, with spreads starting from 0.0 pips on major forex pairs like EUR/USD and a commission of $3.5 per lot round-turn. This is ideal for high-volume traders who execute multiple trades daily. Hantec Markets has variable spreads from 1.2 pips with no commission, but the wider spreads increase costs, especially for scalpers. For a typical Philippines trader trading 1 lot of EUR/USD, IC Markets costs around $3.5 per trade, while Hantec Markets costs $12 or more. Over 100 trades per month, IC Markets saves you around PHP 5,000 in spreads alone. Swap rates are also competitive at IC Markets, with lower overnight charges for PHP-based accounts.

IC Markets provides the full MetaTrader 4, MetaTrader 5, and cTrader platforms, all optimized for mobile trading—critical for Philippines traders who rely on smartphones. The platforms offer advanced charting, one-click trading, and automated bots. Hantec Markets offers MT4 and a proprietary web platform, but lacks cTrader and has fewer mobile features. For OFW remittance investors who need to trade on the go, IC Markets’ mobile apps are faster and more intuitive. IC Markets also supports VPS hosting for algorithmic traders, while Hantec Markets does not offer this option. Both brokers support English and Tagalog interfaces, but IC Markets’ platform ecosystem is more robust for active trading.

IC Markets uses raw ECN execution with no dealing desk, offering average execution speeds of 40ms and no requotes. This is ideal for scalpers and day traders in the Philippines. Hantec Markets uses a market maker model with slower execution (around 100ms) and occasional requotes during volatile markets. For traders who rely on fast fills, especially during news events, IC Markets provides a clear advantage.

IC Markets supports multiple local payment methods for Philippines traders: GCash, PayMaya, local bank transfers (BPI, BDO, Metrobank), and USDT deposits. Minimum deposit is PHP 5,000 equivalent, and withdrawals are processed within 24 hours via the same methods, with no fees for bank transfers. Hantec Markets primarily accepts bank transfers and credit cards, with limited support for GCash or PayMaya. USDT is available but requires manual processing. Withdrawals at Hantec Markets take 2-5 business days and may incur bank intermediary fees. For OFW investors who send remittances via GCash or USDT, IC Markets is more convenient and faster. Always verify your account before depositing to avoid delays.

Both IC Markets and Hantec Markets offer Islamic (swap-free) accounts for Muslim traders in the Philippines. IC Markets provides swap-free accounts on request with no additional administrative fees, applicable to all account types including Raw Spread and Standard. Hantec Markets also offers Islamic accounts but requires a minimum deposit of $500 and may charge a fee after 30 days of holding positions. IC Markets’ policy is more flexible, allowing unlimited swap-free trading without time limits. For Philippines Muslim traders who need to comply with Sharia law, IC Markets is the better option due to lower costs and fewer restrictions. Both brokers require you to contact support to activate the Islamic account.

IC Markets offers 24/7 live chat, email, and phone support in English, with response times under 2 minutes during Manila hours. Hantec Markets provides support during business hours only (8 AM–6 PM GMT+8) via email and phone, with slower response times. For Philippines traders who need assistance at night or on weekends, IC Markets’ round-the-clock support is more reliable. Both brokers have a knowledge base, but IC Markets’ is more comprehensive with tutorials for local payment methods.