Forex Brokers in Hungary
Hungary committed to serious reforms and maintains a strict policy regarding the governance of business entities. The official regulator for financial markets in Hungary is MNB (Magyar Nemzeti Bank), which is the Hungary's central bank. MNB belongs to the European System of Central Banks.
Though most brokers often choose countries that do not officially belong to Western Europe, hoping to work under more flexible conditions and have no very strict regulations, but the laws in Hungary are not as lax as some might think. Brokers registered in Hungary can't operate as they wish. Those who want to avoid the law and manipulate the market should better close their offices and look for another country instead.
| Broker | Regulation | Max Leverage | Min Deposit | General Rating | |
|---|---|---|---|---|---|
|
Admiral Markets Hungary 2001 |
ASIC 28381 CySEC, 201/13 FCA (UK), 595450 FSA (Estonia), 10932555 |
1:500 | $100 | Review | |
|
XM Hungary 2009 |
ASIC, 443670 BaFin 124161 CNMV (Spain), 2010157773 CONSOB (Italy), 3046 CySEC, 120/10 FCA (UK), 538324 FSP (New Zealand), FSP235905 |
1:888 | $5 | Review | |
|
Interactive Brokers Hungary 1977 |
ASIC, 453554 Central Bank of Ireland 23.12.2020 CFTC/NFA, 0258600 FCA (UK), 208159 Monetary Authority of Singapore, CMS100917 SEC (US), 8-47257 |
1:100 | $10000 | Review | |
|
XTB Hungary 2002 |
CNMV (Spain) 40 Czech National Bank, 56720 FCA (UK), 522157 FSA (Poland), 0000217580 IFSC (Belize), IFSC/60/413/TS/19 |
1:30 | $1 | Review | |
|
Markets Invest Hungary 2017 |
None | 1:1000 | $250 | Review |
If you are interested to open an account in one of the brokers in the list above, make sure to try the forex demo account before proceeding to register in the live account.
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