Quick Verdict — Seychelles 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 Seychelles Muslims
Best for Beginners
IC Markets
Better education & support
1:5000 vs 1:500
Max leverage
Head-to-head comparison
Seychelles traders looking for a reliable forex broker often compare IC Markets and Hantec Markets, two well-known international firms that accept clients from the island nation. IC Markets holds a strong 4.8/5 rating and is popular among retail traders for its low-cost trading environment and advanced platforms. Hantec Markets, with a 3.6/5 rating, offers a more traditional brokerage experience with a focus on customer service and regulatory compliance. Both brokers are regulated by the local financial regulator, providing Seychelles traders with a layer of protection. When choosing between them, factors like spreads, deposit methods (Bank Transfer, Skrill, Neteller, USDT TRC20), and platform features become critical. This comparison helps Seychelles traders decide which broker aligns best with their trading style and local needs.
🏆
Overall Scores Comparison

IC Markets
ASIC · CySEC · FSA
3.6
CompareBroker score
Winner
VS

Hantec Markets
FCA · ASIC · JFSA
3.6
CompareBroker score
Trading Costs
Spreads, commissions
Platforms
MT4, MT5, cTrader, TV
Regulation
Safety, oversight
Customer Support
24/5, chat, phone
Education
Webinars, guides
💹
Trading Costs - Spreads & Commissions
| 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 consistently offers lower trading costs for Seychelles traders, with spreads starting from 0.0 pips on its Raw Spread account plus a $7 round-turn commission per lot. In contrast, Hantec Markets has spreads from 0.8 pips on standard accounts with no commission. For a Seychelles trader executing 10 standard lots per month, IC Markets can save up to $80 in spread costs compared to Hantec Markets. This cost advantage makes IC Markets particularly attractive for active retail traders in Seychelles who prioritize low overhead.
📂
Account Types Comparison
| 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 |
⚖️
Leverage Comparison - Seychelles Traders
| Entity / Asset | IC Markets | Hantec Markets |
|---|
| Seychelles (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 |
Leverage Warning for Seychelles Traders
Traders in Seychelles typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈
Trading Instruments - Assets Available
| 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 |
⚡
Execution Quality - Speed & Slippage
| 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 offers ultra-fast execution with average speeds under 40ms on its Equinix NY4 servers, ideal for scalpers and high-frequency traders in Seychelles. Hantec Markets provides reliable execution but with slightly higher latency, averaging 60-80ms. For Seychelles traders who prioritize speed, IC Markets is the better choice, while Hantec Markets suits those who prefer a more measured trading pace.
🛡️
Regulation & Safety for Seychelles Traders
| Safety Factor | IC Markets | Hantec Markets |
|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both IC Markets and Hantec Markets are regulated by the local financial regulator, ensuring Seychelles traders have access to dispute resolution and segregated client funds. IC Markets also holds licenses from ASIC and CySEC, adding extra credibility. Hantec Markets is authorized by the FCA in the UK and the local regulator. For Seychelles traders, this dual regulation means higher trust and safety, though IC Markets’ additional international oversight may appeal to those seeking broader protection.
Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Seychelles traders may differ by entity.
💳
Deposits & Withdrawals for Seychelles
| 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 |
Seychelles traders can deposit and withdraw using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both IC Markets and Hantec Markets. IC Markets processes most deposits instantly, while withdrawals via Skrill and Neteller are typically completed within 24 hours. Hantec Markets may take 1-2 business days for bank transfers but processes e-wallet withdrawals quickly. USDT TRC20 is a fast and low-fee option available at both brokers, ideal for Seychelles traders who prefer cryptocurrency. IC Markets has no deposit fees, while Hantec Markets may charge a small fee for certain bank transfers. Minimum deposits are $10 for IC Markets and $100 for Hantec Markets, making Hantec more accessible for beginners.
☪️
Islamic Accounts - Swap-Free for Seychelles Muslims
| 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 Seychelles Muslim traders, complying with Sharia law by waiving overnight interest. IC Markets provides Islamic accounts on all account types, including Raw Spread and Standard, with no additional fees. Hantec Markets offers Islamic accounts on standard accounts only, with a possible administrative fee after 30 days. Seychelles traders seeking flexibility and lower costs may prefer IC Markets’ broader Islamic account options.
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 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 customer support via live chat, email, and phone, with multilingual agents available. Hantec Markets provides support during business hours (Monday to Friday) via live chat and email. For Seychelles traders, IC Markets’ round-the-clock support is more convenient, especially for those trading during non-standard hours. Both brokers have responsive teams, but IC Markets’ availability gives it an edge.
| 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 |
📚
Education & Research Tools
| 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 |
⭐
Real User Reviews - 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? - Seychelles Guide
Choose IC Markets if you...
- Want tight spreads from 0.0 pips and low commissions for active trading.
- Prefer advanced platforms like cTrader and MetaTrader 5 for algorithmic trading.
- Need 24/7 customer support for round-the-clock trading.
- Value ultra-fast execution under 40ms for scalping strategies.
Choose Hantec Markets if you...
- Are a beginner with a smaller deposit budget (minimum $100).
- Prefer a traditional broker with strong FCA regulation alongside the local financial regulator.
- Want a simple, no-commission account with standard spreads.
- Prioritize customer service during business hours over platform variety.
❓
FAQ - IC Markets vs Hantec Markets in Seychelles
Is IC Markets or Hantec Markets better for Seychelles?
+Can Seychelles traders use both brokers legally?
+Which broker has lower spreads for Seychelles traders?
+How do Seychelles traders deposit at IC Markets and Hantec Markets?
+Do both brokers offer Islamic accounts for Seychelles?
+Final Verdict - Seychelles 2026
IC Markets & Hantec Markets tied wins overall
8/5 rating, offering lower costs, faster execution, and broader platform support. Its support for local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20 makes deposits and withdrawals seamless.
IC Markets Global is not
FCA-authorised — the FCA has issued a public warning about this entity, and its clients do not have FOS or FSCS protection; verify the specific entity and licence before depositing. Both brokers are regulated by the local financial regulator, ensuring a safe trading environment.
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 October 2026.