IC Markets Vs Hantec Markets: Which Broker Is Better For Zimbabwe Traders In 2026?

When comparing trading costs for Zimbabwe traders, IC Markets is the clear winner. IC Markets offers raw spreads from 0.0 pips on the Razor account with a commission of $3.50 per standard lot round turn. This means for a Zimbabwe trader trading 10 lots per month, the total cost is just $35 in commissions plus near-zero spreads. Hantec Markets, by contrast, offers spreads from 0.8 pips with no commission, which equates to $80 per 10 lots on EUR/USD. Over a year, the difference can be significant—IC Markets saves Zimbabwe traders hundreds of dollars in trading costs. For traders using USD as base currency, IC Markets' cost structure is more competitive, especially for scalpers and high-frequency traders.

IC Markets provides MetaTrader 4, MetaTrader 5, and cTrader, all of which are widely used by Zimbabwe traders for their advanced charting, automated trading, and custom indicators. cTrader is particularly favoured for its intuitive interface and depth of market. Hantec Markets offers only MetaTrader 4 and a web-based platform, which may limit traders who want more flexibility. For Zimbabwe retail traders, IC Markets’ platform selection is superior, supporting both manual and algorithmic trading. Both brokers offer mobile apps, but IC Markets’ cTrader mobile app is more feature-rich for on-the-go trading.

IC Markets is known for its ultra-fast execution speeds, averaging under 40 milliseconds on MetaTrader 4, thanks to its Equinix NY4 data centre. This is crucial for Zimbabwe traders who rely on quick order fills, especially during news events. Hantec Markets uses a market maker model, which can lead to requotes and slippage. IC Markets’ No Dealing Desk (NDD) execution provides more transparency and better fills for retail traders.

IC Markets is regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC), providing strong client fund segregation and negative balance protection. Hantec Markets is regulated by the Financial Conduct Authority (FCA) in the UK and the Financial Services Authority (FSA) in Seychelles. Neither broker is regulated by the local financial regulator in Zimbabwe, so Zimbabwe traders must rely on international oversight. IC Markets’ ASIC regulation is considered more stringent, offering higher investor protection. For Zimbabwe traders, this means IC Markets provides a safer trading environment with clear dispute resolution processes.

Zimbabwe traders have several deposit and withdrawal options with both brokers, but IC Markets offers more flexibility. IC Markets accepts Bank Transfer, Skrill, Neteller, and USDT TRC20, with deposits processed instantly and withdrawals typically completed within 1-2 business days. USDT TRC20 is especially useful for Zimbabwe traders who prefer cryptocurrency transfers due to lower fees and faster processing. Hantec Markets supports Bank Transfer, Skrill, and Neteller, but does not accept USDT TRC20. Both brokers handle USD deposits, which is ideal for Zimbabwe traders. Minimum deposits are $10 for IC Markets and $100 for Hantec Markets. Withdrawal fees are minimal, but IC Markets offers free withdrawals via Skrill and Neteller, while Hantec may charge a small fee for bank transfers.

Both IC Markets and Hantec Markets offer Islamic accounts (swap-free) for Muslim traders in Zimbabwe who wish to trade in compliance with Sharia law. IC Markets provides swap-free accounts on all account types, including the Razor account, with no additional fees. Hantec Markets offers Islamic accounts upon request, but they may have restrictions on holding positions overnight for extended periods. For Zimbabwe Muslim traders, IC Markets’ policy is more transparent and accessible, allowing them to trade without worrying about interest charges. Both brokers require a declaration of faith to open an Islamic account.

IC Markets offers 24/7 customer support via live chat, email, and phone, with agents available in English. Hantec Markets provides support during market hours via phone and email. For Zimbabwe traders in a similar time zone (CAT), IC Markets’ round-the-clock support is more convenient, especially for overnight trading. Response times for IC Markets are typically under 30 seconds for live chat, while Hantec may take longer during peak hours.