Plus500 vs Hantec Markets for Norway Traders (2026)

For Norway traders, trading costs are a critical factor when choosing between Plus500 and Hantec Markets. Plus500 operates on a spread-only model with no commissions, but its spreads are wider, averaging 0.6-1.2 pips on EUR/USD and 1.5-2.5 pips on GBP/USD. For a typical retail trader in Norway executing 10 standard lots per month, this can result in costs around $600-$1,200. Hantec Markets offers tighter spreads, starting from 0.1 pips on its Pro account (with a $7 commission per lot) and 1.2 pips on its Standard account (commission-free). For the same volume, Hantec Markets may cost $700-$1,400 with the Standard account, but the Pro account can reduce costs to $200-$300 including commission. High-volume Norway traders will find Hantec Markets more cost-effective, while Plus500 suits those who prefer predictable costs without commissions.

Plus500 provides a proprietary web-based platform and mobile apps that are highly intuitive and beginner-friendly, with features like risk management tools, one-click trading, and a clean interface. This suits Norway retail traders who want to start trading quickly without a steep learning curve. Hantec Markets offers the industry-standard MetaTrader 4 (MT4) platform, which is powerful and customizable, with advanced charting, technical indicators, and automated trading via Expert Advisors (EAs). For Norway traders who need advanced analysis or algorithmic trading, Hantec Markets is the better choice. Both platforms are available in Norwegian language and support local time zones, but Plus500’s platform is simpler, while Hantec Markets’ MT4 provides more depth for experienced traders.

Plus500 uses a market execution model with no requotes, ensuring fast order execution for Norway traders. Average execution speed is around 50-100 milliseconds. Hantec Markets offers both market and instant execution on MT4, with speeds averaging 30-50 milliseconds. For scalpers or high-frequency traders in Norway, Hantec Markets’ faster execution on MT4 may be preferable, while Plus500’s execution is reliable for standard retail trading.

Both Plus500 and Hantec Markets are regulated by the local financial regulator in Norway, ensuring they adhere to strict standards for client fund segregation, transparency, and leverage limits. Plus500 is also regulated by top-tier authorities like the FCA and CySEC, providing an extra layer of security for Norway traders. Hantec Markets holds licenses from the FCA and ASIC, in addition to local regulation. For Norway traders, this means both brokers offer negative balance protection and segregated client accounts, reducing risk. However, Plus500’s stronger global regulatory footprint may appeal to those who value multi-jurisdictional oversight, while Hantec Markets’ local compliance ensures familiarity with Norwegian trading laws. Always verify the broker’s current license status with the local regulator before depositing.

Norway traders can fund their accounts at both Plus500 and Hantec Markets using Bank Transfer, Skrill, Neteller, and USDT TRC20, among other methods. Plus500 supports credit/debit cards and PayPal, while Hantec Markets also offers UnionPay and local bank transfers. Minimum deposits are $100 for Plus500 and $50 for Hantec Markets, making Hantec Markets more accessible for smaller accounts. Deposits via Skrill, Neteller, and USDT TRC20 are processed instantly, while bank transfers take 1-3 business days. Withdrawals are processed within 1-2 business days for e-wallets and USDT, and 3-5 days for bank transfers. Plus500 does not charge withdrawal fees, but Hantec Markets may apply a small fee for bank transfers. Norway traders should note that USDT TRC20 deposits are particularly useful for those who prefer cryptocurrency transactions, offering low fees and fast processing.

Both Plus500 and Hantec Markets offer Islamic (swap-free) accounts for Norway Muslim traders who require compliance with Sharia law. Plus500 automatically converts standard accounts to swap-free after 30 days of inactivity, but traders can request an Islamic account via customer support. Hantec Markets provides dedicated Islamic accounts upon request, with no swap or interest charges on overnight positions. For Norway traders, it is important to confirm that the account type is available for their specific region and that no hidden fees apply. Hantec Markets is more transparent about its Islamic account terms, while Plus500 requires a proactive request. Both brokers ensure that swap-free accounts are available for all major forex pairs and CFDs, but traders should verify eligibility with the broker’s support team.

Plus500 offers 24/7 customer support via live chat and email, with Norwegian language support available. Response times are fast, typically under 2 minutes for live chat. Hantec Markets provides support during market hours (24/5) via live chat, email, and phone, with Norwegian-speaking agents. While Hantec Markets’ support is more personalized, Plus500’s round-the-clock availability is beneficial for Norway traders who trade outside regular hours. Both brokers have comprehensive FAQ sections on their websites.