Which broker is better for Australia traders in 2026? Expert analysis across 12 categories.
For Australia traders seeking ASIC-regulated brokers, XM Group and Hantec Markets represent two established options with distinct strengths. XM Group, scoring 4.7/5, is a global leader with over 10 million clients, offering extensive local payment methods including BPAY and POLi that cater specifically to Australian users. Hantec Markets, scoring 3.6/5, is a smaller but reputable broker focused on quality execution and personalised service. Both brokers operate under strict ASIC oversight, ensuring client fund segregation and compliance with Australian financial regulations. This comparison examines spreads, platforms, deposit options, and regulatory protections to help experienced Australian traders decide which broker aligns better with their trading style and local needs.
| Instrument | XM Group | 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 | $5 | $10 | Hantec Markets |
For Australia traders, trading costs are a critical factor. XM Group offers competitive spreads starting from 0.6 pips on EUR/USD for Standard accounts and as low as 0.1 pips on Zero accounts with a $5 commission per lot. Hantec Markets typically has spreads from 1.2 pips on major pairs with no commission. For high-volume traders, XM Group's lower spreads can save hundreds of dollars per month when trading in AUD-denominated accounts. Additionally, XM Group provides a 15% deposit bonus for Australian clients, though terms apply. Hantec Markets has no such incentives but maintains consistent pricing without requotes.
| Account Type | XM Group | Hantec Markets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $5 | $10 |
| Entity / Asset | XM Group | Hantec Markets |
|---|---|---|
| Australia (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 | XM Group | Hantec Markets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | XM Group |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | XM Group |
| Crypto CFDs | 30+ | ✗ | XM Group |
| Stocks / Share CFDs | ✗ | 1,700+ | Hantec Markets |
| ETFs | ✗ | ✗ | Tie |
| Platform | XM Group | Hantec Markets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are essential for Australia traders who rely on advanced charting and automated trading. XM Group also provides its proprietary XM WebTrader for browser-based access, which is convenient for traders using multiple devices. Hantec Markets focuses exclusively on MT4/MT5 with custom add-ons for execution speed. For Australian traders who value platform variety and mobile trading, XM Group's broader ecosystem is advantageous, while Hantec Markets delivers a streamlined, no-nonsense experience on the industry-standard platforms.
| Factor | XM Group | Hantec Markets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Hantec Markets |
| Avg execution speed | ~30ms | ~40ms | XM Group |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
XM Group uses No Dealing Desk (NDD) execution with low latency and no requotes, ensuring fast order processing for scalpers and high-frequency traders. Hantec Markets offers Straight Through Processing (STP) execution with competitive speeds, but some traders report occasional slippage during news events. For experienced Australian traders requiring precise execution, XM Group's infrastructure is more robust.
| Safety Factor | XM Group | Hantec Markets |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both brokers are regulated by ASIC, which is the gold standard for Australian traders. XM Group holds AFSL 400364 and operates under strict client money segregation, negative balance protection, and leverage limits capped at 1:30 for retail clients. Hantec Markets holds AFSL 403322 with similar protections. ASIC regulation means both brokers must adhere to Australian financial laws, provide dispute resolution via the Australian Financial Complaints Authority (AFCA), and undergo regular audits. For experienced traders, this regulatory framework ensures a safe trading environment with clear recourse options if issues arise.
| Payment Method | XM Group | Hantec Markets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | Visa/Mastercard and e-wallets near-instant to 1-2 business days; bank wire several 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 |
Australia traders benefit from a range of local deposit options at XM Group, including BPAY, POLi, Bank Transfer, and Credit Card (Visa/Mastercard). Deposits via BPAY and POLi are processed instantly with no fees, making it easy to fund accounts in AUD. Withdrawals are processed within 24 hours and returned via the same method, with no additional charges. Hantec Markets supports Bank Transfer and Credit Card deposits but lacks BPAY and POLi, which may be less convenient for Australian users. Both brokers accept AUD, but XM Group's broader local payment ecosystem gives it a clear advantage for Australian traders seeking fast and cost-effective transactions.
| Islamic Account Feature | XM Group | 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 |
For Australian Muslim traders, both brokers offer Islamic (swap-free) accounts that comply with Sharia law by eliminating overnight interest. XM Group provides swap-free accounts across all account types with no time limit or additional fees, making it ideal for long-term position traders. Hantec Markets also offers Islamic accounts but imposes a 90-day swap-free period before a small administration fee applies. XM Group's more flexible policy makes it the better choice for Australian traders requiring permanent swap-free trading.
| Support Feature | XM Group | Hantec Markets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | XM Group |
XM Group offers 24/5 multilingual customer support via live chat, phone, and email, with dedicated Australian phone lines and local business hours. Hantec Markets provides support during market hours only (Monday to Friday) with a smaller team. For Australian traders who need immediate assistance, especially during volatile trading sessions, XM Group's extended support hours are more reliable.
| Mobile Feature | XM Group | Hantec Markets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | XM Group |
| Google Play rating | 4.3 stars | 4.2 stars | XM Group |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | XM Group | Hantec Markets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | XM Group |
Choose XM Group if you...
Choose Hantec Markets if you...
For Australia traders, XM Group emerges as the stronger choice overall, earning a 4.7/5 rating compared to Hantec Markets' 3.6/5. XM Group excels in local payment options like BPAY and POLi, tighter spreads, and superior customer support, all while maintaining full ASIC regulation. Hantec Markets is a solid alternative for traders who prefer a boutique broker with straightforward pricing and a focus on execution quality. However, for experienced Australian traders seeking cost efficiency, convenience, and regulatory safety, XM Group's comprehensive offering—including AUD accounts, instant local deposits, and swap-free accounts—makes it the recommended broker for 2026.