InteractiveBrokers
- 6 regulated entries: FCA, NFA, SFC, FSA, ASIC.
- a simulated-trading environment for order practice.
- an operating record beginning in 2002.
7 Best Forex Brokers in Hungary
For traders in Hungary, account access and investor protection can matter more than a long feature list. Forint funding can add a separate currency-conversion cost when the trading account is denominated in euros or dollars.
Magyar Nemzeti Bank (MNB) is the local authority, while EU investment-service and CFD product-intervention rules shape retail leverage, margin close-out and negative-balance protection. Against that background, the following 7 profiles provide a structured starting point for comparing platforms and account conditions, subject to residency acceptance and entity-level checks.
MNB check: Review the exact legal entity and its permitted activities on the Magyar Nemzeti Bank official site or register. A global regulatory record does not by itself prove local authorization or account availability.
The profile traces its history to 2002.
A simulated environment is available for testing the platform before funding.
The profile traces its history to 2005.
Expert adviser support is recorded for account-level automation.
The profile traces its history to 2004.
The account information records a minimum spread of 0 pips.
4
The profile traces its history to 2004.
The account information records a minimum spread of 0 pips.
5
The profile traces its history to 2018.
The profile records 1 regulated entry under ASIC.
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Forex Broker
License
Minimum Spread
Maximum Leverage
Minimum Deposit
Open Account
Details
Compare
Why These Brokers Stand Out for Traders in Hungary
FP Markets
- a minimum deposit recorded at $100.
- support for expert advisers or automated strategies.
- an average execution record of 318.4 ms.
FXT
- a maximum leverage entry of 1:2,000, subject to local retail limits.
- recorded mobile trading access.
- 4 documented account configurations.
FOREX.com
- account conditions that permit scalping.
- signal-chart functionality in the software record.
- support for expert advisers or automated strategies.
OFX
- dedicated trading-tool functionality.
- 1 regulated entry: ASIC.
- an operating record beginning in 2018.
Fusion Markets
- 1 regulated entry: ASIC.
- a minimum spread recorded at 0 pips.
- 3 documented account configurations.
eToro
- recorded mobile trading access.
- an operating record beginning in 2010.
- 5 regulated entries: FCA, CYSEC, ASIC, ADGM, MAS.
InteractiveBrokers
Regulators: FCA, NFA, SFC, FSA, ASIC, CIRO.
Broker summary: The profile traces its history to 2002. 6 regulated entries are listed under FCA, NFA, SFC, FSA, ASIC, CIRO. Trading access is recorded through Self-developed, Android, IOS.
Advantages
- A useful comparison point is 6 regulated entries: FCA, NFA, SFC, FSA, ASIC.
- For account screening, the record offers a simulated-trading environment for order practice.
- One practical detail is an operating record beginning in 2002.
- The available information adds 3 listed platform types, including Self-developed, Android, IOS.
- For preliminary due diligence, note recorded mobile trading access.
Points to consider
- This broker has a high number of user complaints.
- The recorded maximum leverage may not apply to a local retail account; verify the cap on the exact legal entity.
FP Markets
Regulators: ASIC, CYSEC.
Broker summary: The profile traces its history to 2005. 2 regulated entries are listed under ASIC, CYSEC. The lowest recorded opening deposit is $100.
Advantages
- A second verifiable point is a minimum deposit recorded at $100.
- The profile also brings support for expert advisers or automated strategies.
- For a side-by-side review, consider an average execution record of 318.4 ms.
- One account-selection factor is 2 regulated entries: ASIC, CYSEC.
- The documented setup provides account conditions that permit scalping.
Points to consider
- No biometric login (e.g., fingerprint/Face ID).
- The recorded maximum leverage may not apply to a local retail account; check the retail terms before live trading.
FXT
Regulators: ASIC.
Broker summary: The profile traces its history to 2004. 1 regulated entry is listed under ASIC. The account information records a minimum spread of 0 pips.
Advantages
- A practical item to verify is a maximum leverage entry of 1:2,000, subject to local retail limits.
- The service record contributes recorded mobile trading access.
- Another concrete detail is 4 documented account configurations.
- The profile makes it possible to compare 1 regulated entry: ASIC.
- For planning purposes, there is a minimum deposit recorded at $50.
Points to consider
- Expect slow response times from customer support.
- The recorded maximum leverage may not apply to a local retail account; confirm the applicable limit in the client agreement.
FOREX.com
Regulators: ASIC, NFA, MAS, FSA, CIRO, FCA, CYSEC.
Broker summary: The profile traces its history to 2004. 7 regulated entries are listed under ASIC, NFA, MAS, FSA, CIRO, FCA, CYSEC. 3 account types are documented.
Advantages
- One trading-related detail is account conditions that permit scalping.
- The account review can take into account signal-chart functionality in the software record.
- The platform record adds support for expert advisers or automated strategies.
- A relevant comparison item is 3 documented account configurations.
- The operating profile contributes recorded mobile trading access.
Points to consider
- This broker has a high number of user complaints.
- The recorded maximum leverage may not apply to a local retail account; compare the local account conditions before funding.
OFX
Regulators: ASIC.
Broker summary: The profile traces its history to 2018. 1 regulated entry is listed under ASIC. Trading access is recorded through Self-developed, Android, IOS.
Advantages
- The technical review can use dedicated trading-tool functionality.
- Before funding, it is useful to note 1 regulated entry: ASIC.
- The available terms set out an operating record beginning in 2018.
- The trading setup includes recorded mobile trading access.
- The account profile contributes 3 listed platform types, including Self-developed, Android, IOS.
Points to consider
- Expect slow response times from customer support.
- The recorded maximum leverage may not apply to a local retail account; recheck the leverage setting on the intended account.
Fusion Markets
Regulators: ASIC.
Broker summary: Operations are recorded from 2019. 1 regulated entry is listed under ASIC. 3 account types are documented.
Advantages
- The recorded feature mix contains 1 regulated entry: ASIC.
- A cost-and-access review can consider a minimum spread recorded at 0 pips.
- The regulatory review can use 3 documented account configurations.
- The account information includes 2 listed platform types, including MT4, MT5.
- The trading record provides support for expert advisers or automated strategies.
Points to consider
- Several disclosures require individual review.
- The recorded maximum leverage may not apply to a local retail account; verify the cap on the exact legal entity.
eToro
Regulators: FCA, CYSEC, ASIC, ADGM, MAS.
Broker summary: The operating record begins in 2010. 5 regulated entries are listed under FCA, CYSEC, ASIC, ADGM, MAS. Trading access is recorded through Self-developed, IOS, Android.
Advantages
- For risk screening, a useful fact is recorded mobile trading access.
- The software record adds an operating record beginning in 2010.
- A pre-trade checklist can include 5 regulated entries: FCA, CYSEC, ASIC, ADGM, MAS.
- The account comparison benefits from 3 listed platform types, including Self-developed, IOS, Android.
- The available profile fields include a simulated-trading environment for order practice.
Points to consider
- The profile includes adverse regulatory disclosures.
- The recorded maximum leverage may not apply to a local retail account; check the retail terms before live trading.
Forex Trading in Hungary: Frequently Asked Questions
Which forex broker is best for a trader in Hungary?
InteractiveBrokers leads this comparison, with 6 regulated entries and 3 listed platform types in its profile. The right choice still depends on the legal entity, MNB status, account currency, costs, platform and whether the broker accepts residents of Hungary.
Is online forex trading legal in Hungary?
Forex and CFD services are regulated investment activities rather than an unrestricted online product. Verify the serving firm with MNB; EU retail CFD protections generally include leverage limits, margin close-out and negative-balance protection.
How should I verify a broker in Hungary?
Start with the official Magyar Nemzeti Bank site or register, then match the company name and license number to the client agreement and broker website. A license held by another company in the same group does not automatically protect your account.
Which trading platforms are available?
Self-developed, Android, IOS, MT4, MT5, CTrader appear in the compared profiles. Confirm desktop, web and mobile access on the specific account because platform support can differ by jurisdiction.
How much money is needed to start?
The lowest recorded figure in this comparison is $0, but a minimum deposit is not a recommended trading balance. Allow room for margin, costs and adverse movement without relying on maximum leverage.
What should I know about deposits and withdrawals?
Confirm whether the account supports Hungarian forint (HUF), which banks or payment providers are accepted, the conversion rate, withdrawal fees and the rule requiring funds to return to the original source. A small deposit-and-withdrawal test can reveal practical limits before a larger transfer.
How much leverage should a retail trader use?
Use less than the maximum and size each position from a predetermined loss limit. Local retail protections may cap major currency-pair leverage at 30:1 or impose stricter product rules. Leverage magnifies both market losses and the effect of slippage.
About WikiFX
WikiFX is an independent broker-information platform that brings together regulatory records, license details, account conditions, trading-environment data and user reports. Check the latest information with the relevant regulator and legal entity before opening or funding an account.
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