Quick Verdict — Thailand 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 Thailand Muslims
Best for Beginners
IC Markets
Better education & support
1:5000 vs 1:500
Max leverage
Head-to-head comparison
Thailand's forex market has grown rapidly, with experienced retail traders seeking brokers that combine low costs, fast execution, and local payment convenience. IC Markets and Hantec Markets are two well-known international brokers, but they cater to different trader needs. IC Markets, rated 4.8/5, is a top choice for high-volume traders due to its raw spreads from 0.0 pips and ECN execution. Hantec Markets, with a 3.6/5 rating, offers a more traditional dealing desk model with fixed spreads. For Thai traders, the ability to deposit via PromptPay, Bank Transfer, and Skrill in THB is crucial. IC Markets excels here with instant deposits and no fees, while Hantec Markets imposes a higher minimum deposit of $500. This comparison focuses on what matters most to Thailand's active traders: costs, platforms, regulation, and local support.
🏆
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 |
For Thai traders, trading costs directly impact profitability. IC Markets offers spreads from 0.0 pips on its Raw Spread account with a $3.50 commission per lot round turn. This is ideal for scalpers and day traders who trade multiple lots daily. Hantec Markets has spreads from 1.2 pips on its standard account with no commission, but this is significantly higher for active traders. On a typical EUR/USD trade of 1 lot, IC Markets costs $3.50, while Hantec Markets costs $12.00. Over 100 trades per month, IC Markets saves Thai traders $850 in spreads alone.
📂
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 - Thailand Traders
| Entity / Asset | IC Markets | Hantec Markets |
|---|
| Thailand (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 Thailand Traders
Traders in Thailand 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 uses ECN technology with execution speeds under 40 milliseconds, ideal for scalping and high-frequency trading. Hantec Markets operates a dealing desk model with requotes on volatile markets. Thai traders who prioritize fast, slippage-free execution will find IC Markets superior.
🛡️
Regulation & Safety for Thailand Traders
| Safety Factor | IC Markets | Hantec Markets |
|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
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. Neither broker is directly regulated by the SEC Thailand, which means Thai traders rely on international oversight. IC Markets offers negative balance protection and segregated client funds under
ASIC rules.
Hantec Markets also segregates funds but has a lower compensation scheme.
Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Thailand traders may differ by entity.
💳
Deposits & Withdrawals for Thailand
| 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 |
Thai traders can fund their accounts using PromptPay, Bank Transfer, and Skrill in local THB. IC Markets supports these methods with zero deposit fees and instant processing. The minimum deposit is $200 (approx. 7,000 THB). Withdrawals are processed within 24 hours via the same methods, with no fees. Hantec Markets also accepts PromptPay and Bank Transfer but requires a $10 minimum deposit (approx. 17,500 THB). Withdrawals take 1-3 business days and may incur a small fee. For Thai traders, IC Markets is more accessible and cost-effective for both deposits and withdrawals.
☪️
Islamic Accounts - Swap-Free for Thailand 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 brokers offer Islamic (swap-free) accounts for Muslim traders in Thailand, in compliance with Sharia law. IC Markets provides swap-free accounts on all account types without any additional charges, automatically applied upon request. Hantec Markets also offers Islamic accounts but requires traders to contact support to activate it. There are no hidden fees, but Hantec Markets may charge a small administrative fee for long-term holdings. IC Markets is more transparent and easier to set up for Thai Muslim traders.
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 multilingual support via live chat, email, and phone, with Thai language support available during Asian trading hours. Hantec Markets provides support from 8:00 AM to 8:00 PM GMT+7, with English-only live chat. For Thai traders, IC Markets' extended hours and local language support are a clear advantage.
| 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? - Thailand Guide
Choose IC Markets if you...
- Are an experienced retail trader in Thailand who trades high volumes
- Need tight spreads from 0.0 pips to minimize costs
- Use Expert Advisors (EAs) and require low-latency VPS
- Prefer local THB deposits via PromptPay or Bank Transfer with instant processing
Choose Hantec Markets if you...
- Prefer fixed spreads and a simpler trading model
- Are a beginner trader who trades less frequently
- Want a broker with FCA regulation for added security
- Do not mind a higher minimum deposit of $500
❓
FAQ - IC Markets vs Hantec Markets in Thailand
Is IC Markets or Hantec Markets better for Thailand?
+Can Thailand traders use both brokers legally?
+Which broker has lower spreads for Thailand traders?
+How do Thailand traders deposit at IC Markets and Hantec Markets?
+Do both brokers offer Islamic accounts for Thailand?
+Final Verdict - Thailand 2026
IC Markets & Hantec Markets tied wins overall
For experienced Thai traders, IC Markets is the clear winner with a 4.8/5 rating, lower costs, and superior execution. It supports local payments via PromptPay, Bank Transfer, and Skrill in THB with no fees, making it highly accessible. While Hantec Markets (3.6/5) offers FCA regulation and fixed spreads, its higher minimum deposit and slower execution make it less suitable for active traders. Thai traders should also note that neither broker is regulated by SEC Thailand, so due diligence is essential. Overall, IC Markets provides the best value for cost-conscious, high-volume traders in Thailand.
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.
