IC Markets vs Hantec Markets: Saudi Arabia Trader Comparison (2026)

IC Markets offers raw spreads from 0.0 pips on EUR/USD with a $7 commission per lot round turn, resulting in total costs around $7 per lot. For Saudi traders trading 10+ lots monthly, this saves significantly compared to Hantec Markets, which charges spreads from 1.2 pips with no commission—equating to $12 per lot. IC Markets also provides lower swap rates on Islamic accounts, reducing overnight costs for long-term positions. For high-volume Saudi traders, IC Markets is clearly more cost-effective.

IC Markets provides MetaTrader 4, MetaTrader 5, and cTrader, all available in Arabic for Saudi traders. These platforms offer advanced charting, automated trading via Expert Advisors (EAs), and fast execution. Hantec Markets offers MT4 only, which is sufficient for most traders but lacks cTrader's depth of market features. For Saudi traders using EAs or scalping strategies, IC Markets' multi-platform support and lower latency servers in Bahrain provide a clear edge.

IC Markets offers ultra-low latency execution with average speeds under 40ms on its Equinix NY4 servers, ideal for scalping and high-frequency trading. Hantec Markets provides standard execution with speeds around 100ms, which is sufficient for swing traders but less optimal for day traders. For Saudi traders using automated strategies, IC Markets' execution quality is superior.

IC Markets is regulated by CySEC, FSA (Seychelles), and ASIC, offering client fund segregation and negative balance protection. Hantec Markets is regulated by the FCA (UK) and FSA (SVG), providing strong investor protection under FCA rules. Neither broker is directly regulated by the CMA Saudi, but both accept Saudi residents. For Saudi traders, FCA regulation (Hantec) offers a higher level of compensation scheme protection, while IC Markets' multi-regulator oversight ensures broader operational transparency.

IC Markets supports Bank Transfer, STC Pay, and Credit Card deposits in SAR with no fees. STC Pay deposits are processed instantly, while bank transfers take 1-2 business days. Withdrawals are free and processed within 24 hours for STC Pay and 2-5 days for bank transfers. Hantec Markets accepts Bank Transfer and Credit Card (Visa/Mastercard) but does not support STC Pay. Deposits are free, but withdrawals may incur a small fee for bank transfers. For Saudi traders, IC Markets offers more local payment flexibility with STC Pay integration, making funding faster and cheaper.

Both IC Markets and Hantec Markets offer Islamic (swap-free) accounts for Muslim traders in Saudi Arabia. IC Markets provides swap-free accounts on all account types (Standard, Raw Spread, cTrader) with no time limit or additional fees. Hantec Markets also offers Islamic accounts but may charge a small administrative fee if positions are held beyond 10 days. Saudi traders seeking long-term halal trading should prefer IC Markets for its more favorable Islamic account terms.

IC Markets offers 24/7 multilingual customer support via live chat, email, and phone, with Arabic-speaking agents available during peak trading hours. Hantec Markets provides support in Arabic via phone and email during business hours (Sunday-Thursday), aligning with the Saudi workweek. IC Markets' round-the-clock support is better for traders operating outside standard hours.