Which broker is better for Chile traders in 2026? Expert analysis across 12 categories.
For experienced retail traders in Chile, choosing between Tickmill and Hantec Markets comes down to cost, execution, and local payment convenience. Tickmill, rated 4/5, excels with ultra-low spreads starting from 0.0 pips and rapid execution, ideal for scalpers and high-volume traders. Hantec Markets, scoring 3.6/5, offers a more traditional approach with competitive spreads from 0.6 pips and strong customer support. Both brokers accept Chilean residents and support Bank Transfer and Credit Card deposits in CLP, but their fee structures and platform offerings differ significantly. Tickmill operates under FCA (UK) and FSA (Seychelles) licenses, while Hantec Markets is regulated by FCA and FSC (Mauritius). Neither is directly regulated by the CMF Chile, but both comply with international standards. This comparison focuses on what matters most to Chileans: trading costs, deposit methods, and regulatory safety for forex and CFD trading in 2026.
| Instrument | Tickmill | 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 | $100 | $10 | Hantec Markets |
For Chilean traders, trading costs are a decisive factor. Tickmill's Raw account offers spreads from 0.0 pips with a $2 commission per side, making it highly competitive for high-volume traders. Hantec Markets charges no commission but spreads start at 0.6 pips, which can accumulate costs for frequent traders. On a standard EUR/USD trade of 1 lot (100,000 units), Tickmill costs about $4 round-turn, while Hantec Markets costs roughly $6. Over 100 trades, the difference saves Chilean traders $200 with Tickmill. Both brokers accept CLP deposits, but Tickmill's lower spreads directly benefit Chilean traders trading major pairs like EUR/USD, USD/JPY, and GBP/USD.
| Account Type | Tickmill | Hantec Markets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $100 | $10 |
| Entity / Asset | Tickmill | Hantec Markets |
|---|---|---|
| Chile (offshore) | Up to 1:1000 | Up to 1:500 |
| Forex major pairs | 1:1000 | 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 |
| Asset Class | Tickmill | Hantec Markets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Tickmill |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Tickmill |
| Crypto CFDs | ✗ | ✗ | Tickmill |
| Stocks / Share CFDs | ✗ | 1,700+ | Hantec Markets |
| ETFs | ✗ | ✗ | Tie |
| Platform | Tickmill | Hantec Markets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Tickmill offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5), both popular among experienced Chilean traders for advanced charting, algorithmic trading, and custom indicators. Hantec Markets provides MT4 and its proprietary WebTrader, which is simpler but less flexible. For Chileans who rely on Expert Advisors (EAs) or VPS for automated trading, Tickmill's MT5 support is a clear advantage. Hantec Markets' platform is better suited for manual traders who prefer a clean interface. Both platforms are available in Spanish, making them accessible for local users.
| Factor | Tickmill | Hantec Markets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Hantec Markets |
| Avg execution speed | ~30ms | ~40ms | Tickmill |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Tickmill boasts an average execution speed of 0.1 seconds, using STP (Straight Through Processing) without dealing desk intervention. This is ideal for Chilean scalpers and high-frequency traders. Hantec Markets uses a hybrid execution model with speeds around 0.3 seconds, which is still fast but may cause slight slippage during volatile markets. For experienced Chilean traders prioritizing speed, Tickmill's execution is superior, especially during news events common in forex trading.
| Safety Factor | Tickmill | Hantec Markets |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Tickmill is regulated by the FCA (UK) and FSA (Seychelles), offering strong client fund segregation and negative balance protection. Hantec Markets holds FCA and FSC (Mauritius) licenses, providing similar protections. While neither broker is regulated by the CMF Chile, both adhere to international standards that safeguard Chilean traders. Tickmill's FCA regulation offers up to £85,000 compensation via the FSCS, which adds extra security. Chilean traders should verify their broker's license before depositing, but both options are considered reliable for forex trading in Chile.
| Payment Method | Tickmill | Hantec Markets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | Most withdrawals 1 business day; bank wire 1-3 days, Credit/Debit Cards: Up to 8 working 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 |
Chilean traders can deposit at both Tickmill and Hantec Markets using Bank Transfer and Credit Card. Tickmill supports CLP deposits via local bank transfer with no fees, minimum $100, and same-day processing. Credit card deposits are instant and free, though some Chilean banks may charge international transaction fees. Hantec Markets accepts USD deposits via bank transfer (minimum $500) and credit cards (minimum $100), with processing times of 1-3 business days. Withdrawals at Tickmill are free and processed within 24 hours, while Hantec Markets charges a small fee for bank transfers. For speed and cost, Tickmill is more favorable for Chilean traders using local payment methods.
| Islamic Account Feature | Tickmill | 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 Tickmill and Hantec Markets offer Islamic (swap-free) accounts for Chilean Muslim traders who require Sharia-compliant trading. Tickmill provides these accounts on request, with no swap charges on overnight positions, but may charge a small admin fee after a holding period. Hantec Markets offers Islamic accounts automatically for eligible clients, with no swap fees and no extra charges. Chilean traders should confirm eligibility with each broker before opening an account. Both options ensure compliance with Islamic finance principles while offering standard spreads and conditions.
| Support Feature | Tickmill | Hantec Markets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Tickmill |
Tickmill offers 24/5 multilingual customer support via live chat, email, and phone. Support is available in Spanish, which is convenient for Chilean traders. Hantec Markets also provides 24/5 support in Spanish, with a dedicated account manager for VIP clients. Response times are similar, averaging under 30 minutes for live chat. For Chilean traders needing quick assistance during local business hours, both brokers perform well, but Tickmill's faster email response gives it a slight edge.
| Mobile Feature | Tickmill | Hantec Markets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Tickmill |
| Google Play rating | 4.3 stars | 4.2 stars | Tickmill |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | Tickmill | Hantec Markets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Tickmill |
Choose Tickmill if you...
Choose Hantec Markets if you...
For experienced Chilean retail traders, Tickmill is the superior choice in 2026, scoring 4/5 against Hantec Markets' 3.6/5. Its ultra-low spreads, fast execution, and support for CLP deposits via Bank Transfer and Credit Card make it ideal for cost-conscious traders. Hantec Markets offers a solid alternative with commission-free trading and strong support, but its higher spreads and slower execution are drawbacks for active traders. While neither broker is regulated by the CMF Chile, both hold reputable international licenses. For Chileans prioritizing trading costs and speed, Tickmill wins decisively. However, if you prefer a more guided experience with personal support, Hantec Markets remains a viable option.