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2021 Guide to investing in Stocks, Shares, CFD's, Cryptocurrencies, Commodities and more in Hungary

Best Hungary brokers
Top Hungary Online Brokers 2021

This guide to the best online brokers in Hungary has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

This guide contains the most recent information about finding a reputable online broker in Hungary.

If you are a new entrant into the world of trading and brokerage, so many details will be confusing for you. Getting into the area of trading requires expert analyzing skills and comprehensive knowledge. You'll acquire adept skills at all the concepts of brokerage since you keep trading. For starters, you have to select the best agent in Hungary who will be transparent with you constantly.

In this fast-paced universe of stock markets and trading, you'll need advice to make correct decisions. A professionally lead investment plan is key to your success.

We currently have 16 Online Brokers that we think are the Best Online Brokers in Hungary

Who’s The Best Hungary Trading Patforms?

This guide has been collated to help you find a reputable Hungary broker. When looking for a good, reliable broker in Hungary it can be a little confusing.  Below we explain what your trading platform are in Hungary and what Hungary brokers can provide you.

Getting a free trial for a minimum of 3 days is one of the best ways to understand the quality and professionalism of any Hungary broker. Before making any final decisions, you want to be able test the broker's platform and software in real-time but with minimal risk. A demo account will allow you to experiment with the software and see how easy it is. A top broker in Hungary should make it as simple as possible for any trader. They shouldn't have to do a lot research nor set up multiple accounts before they let you start trialling their tools.

We currently have 16 Brokers that we think are the Best Online Brokers in Hungary

Credit Financier InvestFirst TradeAJ Bellfx openlmfxalparitd ameritradeWilsons Advisory And StockbrokingDF MarketsmbcfxEuro Pacific BankWIT InvestUSAAiq optionnsfxAmscot Stockbroking
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Rating5.51/55.86/52.83/54.35/54.85/54.65/53.45/52.28/55.33/54.90/55.83/52.91/54.53/53.15/54.15/52.68/5
Minimum Deposit$500$5$100$250$250$250$250$100$1$250$100$100$25$250$250$500
Year Founded1817200819972019201620152016200820102021197820082008201920211853
HeadquartersLebanonUSAUKPuerto RicoAnguillaNew ZealandMaltaAustraliaUKPuerto RicoPuerto RicoSaint Vincent and the GrenadinesUnited StatesUnited StatesRussiaAustrailia
Regulated BySwiss Financial Market Supervisory Authority (FINMA)Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)Central Bank of UAEFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F238Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F271Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F222Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F319UnregulatedFinancial Conduct Authority (FCA)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F276Office of the Commissioner of Financial Institutions (OCIF)UnregulatedFinancial Conduct Authority (FCA), The Prudential Regulation Authority (PRA)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F262Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F288Ministry of Economic Affairs and Communications (Estonia)
Clients10,000+10,000+10,000+60,000+10,000+10,000+10,000+10,000+10,000+30,000+10,000+10,000+10,000+14,000,000+10,000+10,000+
Risk WarningYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskLosses can exceed depositsYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at risk
Withdrawal FeesYesYesNoNoNoYesNoYesNoNoYesNoYesYesYesYes
Inactivity FeesYesNoNoNoNoNoNoYesNoNoNoNoNoNoNoNo
Deposit Fees5005100250250250250100125010010025250250500
CFD FeesYesNoNoNoNoYesNoYesNoNoYesYesNoNoNoNo
Accepts Credit CardsYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYes
Accepts PayPalNoNoNoYesYesYesYesNoNoYesNoNoNoYesYesNo
Accepts SkrillNoNoNoYesYesYesYesNoNoYesNoNoNoYesYesNo
Accepts PayoneerYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYes
Accepts NetellerNoNoNoYesYesYesYesNoNoYesNoNoNoYesYesNo

Online Share Trading In Hungary

Trading investments in Hungary is highly controlled and considered quite safe. However, be aware that any investment can go down as well as up, which means that your capital is at risk.

If you are just starting out with online trading then it's advised to have a demo account with a regulated broker so that you can learn the strategies without the risk of losing cash.

Live Forex Trading In Hungary

Forex is the biggest liquid financial market in the world using a daily monetary market turnover of over $5 trillion (BIS data April 2016).

Forex (short for Foreign Exchange) is a money exchange involving two distinct nations and the following management of the resulting position in which one currency gains and the other loses.

It is possible to do Live Forex Trading in Hungary using professional online trading platforms

Live CFD Trading In Hungary

CFD trading is the selling and buying of contracts for difference via an online agent in Hungary. When you trade CFDs you are agreeing to exchange the difference in the price of an asset from the point at which the contract is opened to when it is closed.

Spread Betting In Hungary

Spread Betting in Hungary is possible using trusted online trading platforms like plus500 or FP Markets. It is a simple bet as to whether the price will go up or down.  Usually, the Hungary online brokers will show the prices you have.

If you are looking at how to do spread betting in Hungary then it is suggested to start with a demo account with either eToro or Trading212 so that you can practice with monopoly currency before risking your own capital.

Trading Shares in Hungary

Globally, Hungary is considered safe to do online trading and has access to other global financial centers. In Hungary, online brokers are highly regulated, experienced and supportive. 

However, it is always important to be as informed as possible so here we detail some of the most important things any trader should know:

The financial markets in Hungary are very mature and are seen are trustworthy due to regulation and compliance by the local Fiancial trade authority in Hungary.

The online platforms used by brokers in Hungary are thoroughly tested and highly rated & secure.

Whichever Online Trading Platforms in Hungary you decide to use, ensure they have all of the following:

  • User friendly platform
  • Access to a risk management tool
  • Good or instant execution speed
  • High quality charts
  • Capable of doing social trading
  • Timely online help or support

Challenges Of Trading in Hungary

The US Dollar is considered the base currency globally so even a tiny change in the US economic markets may affect the economic markets in Hungary. The EU is also a large economy and changes there may affect the economic markets in Hungary.

Like all countries there are opportunities in Hungary economic markets and overall the outlook is positive. However, like in all global financial markets we recommend that any Online Trading Platforms in Hungary you decide to use, make sure you do your homework first before risking your money. We have collated hundreds of datapoints and written this guide to help you find the Best Trading Platforms in Hungary.  We hope that by reading this guide you will find a reputable broker that matches your needs.

Frequently Asked Questions About Trading Forex In Hungary

Is Forex Trading Legal In Hungary?

There's a growing misconception that trading Forex in Hungary is considered unsafe. This isn't the situation, Forex Currency trading in Hungary is very active, regulated and safe.

Trading in Forex is permitted in Hungary as for any company to trade globally, foreign currency has to be exchanged. Whenever you purchase something and it is sent from abroad, there'll be numerous money exchanges by multiple companies to get that thing to you.

The main issue is that when trading Forex in Hungary you select one of the top online brokers.

Do Forex Traders Pay Tax In Hungary?

Once a trader is successful and their gains achieve a particular level then they may be taxed in Hungary according to the typical tax rules.

Tax returns should always be filed even if there's a loss. You should seek out advice with a documented accountant in Hungary to make certain you're abiding by all current local laws since it is very determined by your personal circumstances.

Can You Trade Cryptocurrencies In Hungary?

Cryptocurrency markets in Hungary are rather new. As Cryptocurrencies work on decentralised resources in Hungary things like interest rate changes and political instability don't impact them as far as the currency markets.

Cryptocurrencies are more popular with the younger generations as well as increasing income amounts and technology adoption, trading cryptocurrency in Hungary is increasing day by day. It is still small in comparison to the Forex markets however about $6 billion USD of Bitcoin is traded every day.

Can You Trade Commodities In Hungary?

Commodities trading in Hungary includes trading in matters like precious metals, energies and agricultural commodities.

Some products like agricultural are seeing exponential growth inHungary.

Fast growing economies like India have a big need for many basic raw materials for their population. This means that countries like Hungary can take advantage of the circumstance.