XM Group vs Hantec Markets (2026): Which Broker Suits Uzbekistan Traders Best?
Which broker is better for Uzbekistan traders in 2026? Expert analysis across 12 categories.
Quick Verdict — Uzbekistan Traders
Uzbekistan traders looking for a reliable forex broker in 2026 often compare XM Group and Hantec Markets. XM Group holds a strong 4.7/5 rating from over 200,000 reviews, while Hantec Markets scores 3.6/5. For retail traders in Uzbekistan, key factors include local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, as well as regulation and trading costs. XM Group offers lower spreads, a wider range of account types, and 24/7 support in Russian and Uzbek. Hantec Markets, established in 1990, provides a more traditional trading environment with fewer local payment options. This comparison helps you decide which broker aligns with your trading style and local needs.
Overall Scores Comparison
Trading Costs - Spreads & Commissions
| 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 Uzbekistan traders, trading costs are critical. XM Group offers spreads from 0.0 pips on its Ultra Low account with a $5 commission per lot, while standard accounts start at 1.0 pips with no commission. Hantec Markets has spreads from 1.2 pips on EUR/USD with no commission. Over 100 trades per month, XM Group can save you approximately $20-30 in spread costs. Both brokers charge no deposit or withdrawal fees for Uzbekistan traders using Bank Transfer, Skrill, Neteller, or USDT TRC20.
Account Types Comparison
| 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 |
Leverage Comparison - Uzbekistan Traders
| Entity / Asset | XM Group | Hantec Markets |
|---|---|---|
| Uzbekistan (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 |
Trading Instruments - Assets Available
| 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 |
Platforms Comparison
| 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 and 5, which are popular among Uzbekistan traders for their reliability and custom indicators. XM Group also provides its own XM WebTrader and mobile app with advanced charting tools. Hantec Markets focuses on MT4/MT5 only. For Uzbekistan traders with slower internet, XM Group's web platform loads faster and offers one-click trading. Both platforms support automated trading via Expert Advisors (EAs), which is useful for retail traders.
Execution Quality - Speed & Slippage
| 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 offers ECN execution with no requotes and average execution speed under 50ms, ideal for high-frequency traders. Hantec Markets uses market execution with occasional slippage during volatile periods. For Uzbekistan traders, XM Group's execution quality is superior, especially for scalping or news trading strategies. Both brokers offer 100% automated execution with no manual intervention.
Regulation & Safety for Uzbekistan Traders
| Safety Factor | XM Group | Hantec Markets |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
XM Group is regulated by the FSC (Mauritius) and CySEC (Cyprus), while Hantec Markets holds FCA (UK) and FSA (Japan) licenses. For Uzbekistan traders, the local financial regulator does not directly oversee forex brokers, so international regulation matters. XM Group's CySEC license offers negative balance protection, while Hantec Markets' FCA regulation provides strict capital adequacy standards. Both brokers segregate client funds in top-tier banks, offering security for Uzbekistan traders.
Deposits & Withdrawals for Uzbekistan
| 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 |
Uzbekistan traders can deposit and withdraw using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both brokers. XM Group processes withdrawals within 24 hours for e-wallets and USDT, while bank transfers take 1-3 business days. Hantec Markets takes slightly longer at 2-5 business days for bank wires. Minimum deposits are $5 for XM Group and $50 for Hantec Markets. Both brokers charge no fees for deposits or withdrawals, making them cost-effective for Uzbekistan retail traders. USDT TRC20 is especially useful for those seeking faster, lower-cost transfers.
Islamic Accounts - Swap-Free for Uzbekistan Muslims
| 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 brokers offer Islamic (swap-free) accounts for Uzbekistan Muslim traders. XM Group provides them automatically on all account types with no extra fees, and they are available for both standard and Ultra Low accounts. Hantec Markets offers Islamic accounts upon request, with a small administrative fee of $10 per year. XM Group's approach is more straightforward and cost-free, making it the better choice for Uzbekistan traders who require Sharia-compliant trading.
Customer Support Comparison
| 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 24/7 customer support in Russian, Uzbek, and English via live chat, phone, and email. Hantec Markets provides support in English and Chinese with limited hours. For Uzbekistan traders, XM Group's Russian and Uzbek support is a significant advantage, especially during local business hours. Both brokers have responsive teams, but XM Group's multilingual support is more accessible.
Mobile App Comparison
| 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 |
Education & Research Tools
| 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 |
Real User Reviews - Trustpilot
Pros & Cons of Each Broker
XM Group
Hantec Markets
Who Should Use Which Broker? - Uzbekistan Guide
Choose XM Group if you...
- Want the lowest spreads starting from 0.0 pips on EUR/USD.
- Need local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20 with fast processing.
- Prefer 24/7 customer support in Russian and Uzbek.
- Require an Islamic account with no additional fees.
Choose Hantec Markets if you...
- Value a broker with a longer track record since 1990.
- Prefer FCA regulation for added security.
- Trade primarily on MT4/MT5 without needing extra platforms.
- Are comfortable with slightly higher spreads and slower withdrawals.
FAQ - XM Group vs Hantec Markets in Uzbekistan
Final Verdict - Uzbekistan 2026
For Uzbekistan retail traders in 2026, XM Group is the clear winner with its 4.7/5 rating, lower spreads, and strong support for local payment methods including Bank Transfer, Skrill, Neteller, and USDT TRC20. Its Islamic account policy and multilingual support make it ideal for Uzbekistan's Muslim majority. Hantec Markets is a reliable alternative for those who prioritize FCA regulation and a longer history, but its higher costs and fewer local payment options make it less suitable for most Uzbekistan traders. Ultimately, XM Group offers better value and accessibility for the local market.