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Broker comparison article

HankoTrade vs IC Markets: Head-to-Head Comparison

A clear, editorial comparison of safety, costs, leverage and platform conditions for traders choosing between two brokers.

October 5, 20268 min readBy Luca P.

At a glance

The key differences before the full technical breakdown.

HankoTrade logo

Broker A

HankoTrade

4.5

Editorial score

$100

Min deposit

1:500

Leverage

Pure ECN execution with ultra-tight raw spreads.

Visit HankoTrade
IC Markets logo

Broker B

IC Markets

4.6

Editorial score

$200

Min deposit

1:30 retail regulated; up to 1:500 professional/global entity

Leverage

Execution-focused broker with leverage determined by entity and client classification.

Visit IC Markets

Swipe horizontally to compare Broker A and Broker B

Technical comparison

Regulation & safety
FSA
ASIC, CySEC, FSA
Maximum leverage
1:500
1:30 retail regulated; up to 1:500 professional/global entity
Minimum deposit
$100
$200
Average spread
0.0 pips
0.0 pips
Platforms
MT4
MT4, MT5, cTrader, TradingView

Choosing between HankoTrade and IC Markets comes down to the conditions that matter most to your strategy. Both brokers offer access to the major markets, but their regulatory coverage, pricing model and platform mix create different trade-offs.

What separates HankoTrade and IC Markets?

Start with the regulated entity available in your jurisdiction, then compare the total cost of trading rather than the headline spread alone. Leverage can change margin requirements, but it does not reduce market risk. Platform stability, execution quality, funding options and support should also be part of the decision.

Pros and cons at a glance

HankoTrade

Some of the tightest raw ECN spreads

Low commissions

Fast execution for scalpers

Offshore regulation only

Limited instrument range

IC Markets

Deep liquidity and raw spreads

Broad professional platform choice

Strong execution reputation

Retail leverage capped at 1:30 under ASIC/CySEC entities

No bonus advertised

Editor's final verdict

IC Markets has the edge for most traders.

Choose HankoTrade if you want scalpers and high-frequency gold traders chasing the tightest possible raw spreads. Choose IC Markets if your priority is forex traders prioritising execution and platform choice over bonuses, especially where regulated leverage limits apply..

Visit IC Markets