Best Forex Brokers in Hungary
Hungary has a well-regulated trading environment like other EU countries. To help you pick the best, we compared trading options, regulations, fees, added features, risk mitigation options, and reviews from real customers. The following are our top picks.
HotForexBonusRefer a Friend Program by HotForex
Best For Biggest Offering of CFDsRegulated by CySEC, FIUAdd to compare list3.9 / 5Start tradingPros, cons & fees
Multiple regulatory bodies regulate it.
Low spreads starting from 0.1 pips.
High leverage of up to 1: 1000 for professional clients.
Does not accept clients from the USA, Canada, Sudan, Syria, and North Korea.
Hot Forex's trading fees are slightly higher than average industry rates.
HFcopy requires a minimum investment of 300 EUR, often considered steep.
xChief (ex. ForexChief)BonusNo-Deposit Bonus by xChiefBest For Contract TradingRegulated by VFSC, ASIC, MISAAdd to compare list3.9 / 5Start tradingPros, cons & fees
Low minimum deposit requirement of $10 across all account types.
Beneficial trading terms such as low trade volume, starting at 0.01 lots, and tight spreads, starting from 0 pips.
Availability of multiple payment methods for deposits and withdrawals without any fees from the Broker's end.
Non-compliance with ESMA leverage capping may not be suitable for traders looking for low-risk options.
Unclear compensation levels in case of any mishap, with each case being reviewed separately.
Trading.comBonus$100 no-deposit bonus0-Pip EUR/USD SpreadsMin deposit $5Max leverage 1:30Regulated by FCA, CFTC, NFAAdd to compare list3.9 / 5Start tradingPros, cons & fees
Trading.com stands out for its competitive spreads, allowing traders to access markets at favorable pricing.
The platform offers user-friendly trading platforms, notably the MetaTrader 5 terminal, facilitating a smooth trading experience.
Traders can access a decent array of tradable instruments, including Forex, stocks, commodities, indices, metals, and energies.
Trading.com's trading platform options are limited, offering only the MetaTrader 5 (MT5) platform for traders.
The platform's educational resources are relatively limited, potentially leaving traders seeking more comprehensive learning materials.
Trading.com is exclusively available to clients within the United Kingdom, limiting its accessibility to a global audience.
TradeNation (ex. Core Spreads)BonusMonthly Spread Rebate by Trade NationFixed Spreads AvailableMin deposit $0Max leverage 1:200Regulated by FCA, ASIC, FSCA +2Add to compare list3.9 / 5Start tradingPros, cons & fees
Competitive, low-cost spreads
User-friendly platforms
Wide range of markets
Limited advanced trading tools
Fewer account types
Stock CFDs only, no direct stock trading
Capital Index
Investor protection180+ Tradable InstrumentsMin deposit $100Max leverage 1:200Regulated by FCA, SCBAdd to compare list3.9 / 5Start tradingPros, cons & fees
Top tier regulators like CySEC, FSCS, and FCA
Variety of trading accounts with different spreads and leverage options
Diverse range of assets.
Only available to the UK residents.
Inactivity fees apply to dormant accounts
Higher spreads on standard accounts
Interactive BrokersBonusRefer a Friend Program by Interactive BrokersBest For Day TradersRegulated by FCA, CFTC, NFA +1Add to compare list3.9 / 5Start tradingPros, cons & fees
Unparalleled Market Access
Competitive Pricing
Advanced Trading Tools
Steep Learning Curve
Customer Service Could Be Better
RoboMarketsBonusUp to 10% cashbackFree VPSMin deposit $100Max leverage 1:2000Regulated by CySECAdd to compare list3.9 / 5Start tradingPros, cons & fees
Demo account available on all trading platforms
Provides 24/7 multilingual customer support, including live chat
Offers automated dividend payments
Demands a high minimum deposit
Provides services limited to the EU
No spread betting
DEGIRO Investor protectionLow FeesMin deposit €0.1Max leverage 1:30Regulated by BaFIN, AFM, DNB +2Add to compare list3.9 / 5Start tradingPros, cons & fees
Low fees
Wide range of assets
User-friendly platform
DEGIRO does not accept U.S. clients
Limited trading tools
No credit/debit card deposit
Pros, cons & fees
Strong regulatory compliance
Competitive trading conditions
Robust educational resources
Limited offerings for cryptocurrency
Higher-than-average minimum deposits on some accounts
Lack of MetaTrader 5 platform
Pros, cons & fees
Wide selection of market instruments, including agriculture, energies, metals, stocks, indices, ETFs, currencies, and cryptocurrencies
Well-regulated by reputable authorities, ensuring transparency and adherence to industry standards
Segregation of clients' funds in top-tier banks, enhancing the safety and security of client funds. In addition, Ingot offers negative balance protection, safeguarding traders from potential losses exceeding their account balance.
Not available in certain countries such as the United States of America due to restricted jurisdictions, limiting access for traders in specific regions.
The demo account expires in two weeks, which may be insufficient for traders to thoroughly test the platform and strategies.
International trading is done through an offshore entity, which might raise concerns about regulatory differences and protections.