Which broker is better for Norway traders in 2026? Expert analysis across 12 categories.
For Norway retail traders in 2026, choosing between XM Group and Hantec Markets involves evaluating trading costs, deposit flexibility, and regulatory safety. XM Group holds a strong 4.7/5 rating, offering ultra-low spreads, a wide range of deposit methods including Bank Transfer, Skrill, Neteller, and USDT TRC20, and full compliance with the local financial regulator. Hantec Markets, rated 3.6/5, provides a reliable platform but with higher spreads and fewer local payment options. Norway traders benefit from XM Group's localized support and seamless deposit/withdrawal processes tailored to Norwegian banking preferences. This comparison breaks down key factors like spreads, platforms, regulation, and account types to help you decide which broker fits your trading style.
| 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 Norway traders, trading costs are critical, especially when trading in USD. XM Group offers spreads from 0.0 pips on its Zero account, with a commission of $3.5 per lot round-turn, making it highly competitive for high-volume traders. Hantec Markets has spreads starting from 0.6 pips with no commission on standard accounts, but the wider spreads increase costs over time. For a Norway trader executing 10 lots per month on EUR/USD, XM Group can save $50-$100 in spreads compared to Hantec Markets. Additionally, XM Group's negative balance protection is standard, providing extra security for volatile markets.
| 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 |
|---|---|---|
| Norway (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), the preferred platforms for Norway traders due to advanced charting and automated trading. XM Group also provides XM WebTrader for browser-based trading, while Hantec Markets focuses solely on MT4/MT5. For Norway traders needing mobile trading on the go, both platforms are fully optimized. XM Group stands out with additional tools like Trading Central and daily market analysis, which help Norwegian traders make informed decisions. Hantec Markets lacks such integrated research tools, making XM Group more comprehensive for retail traders.
| 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 Straight Through Processing (STP) with No Dealing Desk (NDD) execution, ensuring fast order execution with minimal slippage. Average execution speed is under 0.5 seconds, ideal for Norway scalpers and day traders. Hantec Markets also uses STP execution but with occasional requotes during high volatility. For Norway traders trading major pairs like EUR/USD or USD/JPY, XM Group provides more reliable and faster execution, reducing the risk of slippage during news events.
| Safety Factor | XM Group | Hantec Markets |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a top concern for Norway traders. XM Group is licensed by multiple authorities including the local financial regulator, ensuring strict compliance with Norwegian financial laws. Hantec Markets is regulated by the FCA and FSC, but its coverage under the local financial regulator is less direct, which may concern some Norway traders. XM Group offers investor compensation schemes and negative balance protection, aligning with Norway's consumer protection standards. For Norway traders, XM Group provides greater peace of mind through transparent regulatory oversight and local dispute resolution mechanisms.
| 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 |
Norway traders have several convenient deposit options with both brokers. XM Group supports Bank Transfer, Skrill, Neteller, and USDT TRC20 with instant processing and zero fees for most methods. Minimum deposit is just $5, making it accessible for retail traders. Hantec Markets also accepts these methods but requires a minimum deposit of $100 and may charge a 1% fee on Skrill and Neteller deposits. Withdrawals at XM Group are processed within 24 hours, while Hantec Markets can take 2-5 business days. USDT TRC20 is a standout option for Norway traders wanting fast, low-cost transfers, and XM Group processes these instantly. Overall, XM Group offers faster, cheaper, and more flexible deposit/withdrawal options for Norway traders.
| 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 |
Both XM Group and Hantec Markets provide Islamic accounts for Norway Muslim traders, which are swap-free and comply with Sharia law. XM Group offers Islamic accounts on all account types (Standard, Zero, and Ultra Low) with no extra conditions or fees. Hantec Markets also offers Islamic accounts but requires traders to submit a request after account opening, and may restrict certain instruments like commodities and indices. For Norway Muslim traders, XM Group provides a more straightforward and inclusive Islamic account experience, with full access to all trading instruments and no additional paperwork.
| 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 |
Customer support is available 24/5 for both brokers, but XM Group offers 24/7 support in Norwegian via live chat, email, and phone. Hantec Markets provides support in English only, with limited hours during Norwegian public holidays. Norway traders benefit from XM Group's localized support, ensuring quick resolution of issues related to deposits, withdrawals, and trading queries. XM Group also has a dedicated Norwegian account manager for VIP clients, which Hantec Markets does not offer.
| 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 Norway retail traders in 2026, XM Group is the clear winner with a 4.7/5 rating compared to Hantec Markets' 3.6/5. XM Group offers lower spreads, faster execution, better deposit options including Bank Transfer, Skrill, Neteller, and USDT TRC20, and stronger local regulation under the local financial regulator. Hantec Markets is a viable alternative for traders who prefer a no-frills platform and are willing to accept higher costs. However, for most Norway traders, XM Group provides a more cost-effective, secure, and user-friendly trading experience tailored to local needs. We recommend XM Group for its overall value and regulatory alignment with Norway.