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HU · Country profile

Best brokers in Hungary

Hungary's TBSZ account frees the yield from income tax and social contribution tax after a five-year lock-in; deposits are possible only in the opening year. According to their Hungarian websites, XTB and Lightyear from our comparison offer a TBSZ. Holders of US shares should know that no double tax treaty with the United States has been applied since 2024: 30% is withheld on US dividends.

The ranking

Risk warning: CFDs and leveraged products are complex instruments and come with a high risk of losing money rapidly. Investments can fall in value. Past performance is not an indicator of future results.

Brokers available
41of 72
With a local licence
0
Tier-1 regulated
38
Avg. score
4.0

Market in figures

Hungary: the broker market in figures

41 of the 72 brokers in our dataset accept clients resident in Hungary. The figures below count only what a record documents — a missing entry never counts as a yes.

HUF as an account currency
9of 41
Customer support in Hungarian
5of 41
Commission on a €5,000 share order
€0 – €12.5015 providers with a comparable price
No custody fee (documented)
22of 41

Run your own numbers

Country profile

Market profile

Supervision, investor protection and tax — the three points that decide the account.

Hungary

HU · Country profile

Local currency
HUF
Local regulator
MNB
Recorded providers
41 of 72

Investor protection

BEVA — 100 % up to HUF 1 million, then 90 % up to EUR 100,000

The part that decides

Tax notes

Dividends, capital gains and interest are subject to 15% income tax plus 13% social contribution tax (szocho). On dividends and capital gains, szocho is payable only until annual income reaches 24 times the minimum wage; dividends on securities listed on an EEA regulated market are exempt from it, and income from controlled capital market transactions is not on the list of income subject to szocho. Inside a TBSZ account, neither income tax nor szocho is due on the yield after five years; after three years 10% and 8%, and if broken earlier 15% and 13%. Contributions to an NYESZ earn a 20% tax credit, at most HUF 100,000 a year. The double tax treaty with the United States no longer applies to withholding taxes since 1 January 2024: 30% is withheld on US dividends. Purchases of financial instruments with a Hungarian ISIN attract a 0.45% transaction levy (at most HUF 20,000; purchases by individuals up to HUF 50,000 are exempt), which foreign providers must pay too.

Brokers that withhold tax locally

Our dataset records no provider as a tax withholding agent for this country. How you declare the income is governed by the country's tax law.

Orientation based on the general legal position — not tax advice. Your personal situation and the legislation in force at the time govern.

Available here

The ranking

Ranked by our overall score across ten weighted criteria. Only providers that accept clients resident here.

See all brokers
Where you live decides which brokers and promotions are open to you. The page language is independent of it.

Advertising disclosure: where a partnership is active, we may earn a commission through broker links. The provider’s terms apply. Commissions do not influence our ratings; paid placements are separately labelled as sponsored.

Rank 1IG logo

IG

The most complete leveraged-trading operation in Europe — and it prices like it knows that.

  • Experienced CFD and spread bet traders
  • Multi-asset traders who want one account

Volume rebate — CFD volume rebate at the Bermuda entity

Stocks (per order)
Free
Minimum deposit
None
FX conversion
0.8 %
StocksETFsOptionsFutures+9
  • Pros: Around 17,000 tradable markets in a single account — shares, indices, FX, commodities, bonds, ETFs, turbo warrants and crypto CFDs, subject to regional restrictions
  • Cons: The 0.8% currency conversion mark-up on foreign-currency CFD and spread bet trades is where much of the real cost hides — on a USD position round-trip it comfortably exceeds the spread
Group index 100/100
FCABaFin, FINMA, ASIC, MAS, JFSA, DFSA
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 2Interactive Brokers logo

Interactive Brokers

The cheapest serious route to almost every market on earth — if you can live with the learning curve.

  • Active and professional traders
  • Multi-currency investors

Up to USD 1,000 in stock — Referral programme with share credit

Note: this button leads to the Interactive Brokers home page and is not a referral link. The share credit is only available if you open the account through an invitation from an existing Interactive Brokers client.

Stocks (per order)
0.05 %
Minimum deposit
None
FX conversion
0 %
StocksETFsOptionsFutures+8
  • Pros: US stocks from USD 0.0035 per share on the Tiered plan, minimum USD 0.35 per order and capped at 1% of trade value
  • Cons: Customer support is the most common complaint: many requests go through the ticket system, and public reviews (e.g. on Trustpilot) often cite slow replies and template answers
Group index 90/100
SECFCA, CBI, ASIC, MAS
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 3CMC Markets logo

CMC Markets

One of the best charting packages in retail CFD trading, wrapped around a narrower product range than the market count suggests.

  • Technical and chart-driven traders
  • UK and Irish spread betting
Stocks (per order)
Free (CFD)
Minimum deposit
None
FX conversion
0.7 %
StocksETFsOptionsForex+6
  • Pros: Next Generation is one of the strongest charting suites bundled with a retail CFD account —115+ indicators, 70 chart patterns, 12 chart types and pattern-recognition scanners, at no extra cost
  • Cons: None of CMC's derivatives is exchange-traded: the options it quotes are OTC and cash-settled, and there are no cleared futures at all, so CMC is the counterparty on every derivative contract and no clearing house stands behind it
Group index 94/100
FCAASIC, BaFin, MAS
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 4

Pepperstone

Raw spreads and five platforms for traders who care about execution cost, not about owning the asset.

  • Active FX traders
  • Scalping and day trading

From 0.0 pips — Raw spreads from 0.0 pips with commission

Stocks (per order)
0.1 % (CFD)
Minimum deposit
US$10
FX conversion
n/a
StocksETFsForexCFDs+5
  • Pros: Razor all-in EUR/USD cost of about 0.8 pips - a 0.0 to 0.1 pip raw spread plus USD 3.50 per lot per side
  • Cons: Everything is a CFD. You never own the share or ETF, so there are no voting rights, no transferable holdings and no dividend tax reclaim
Group index 82/100
FCAASIC, BaFin, CySEC, DFSA, SCB, CMA
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 5Saxo logo

Saxo

A Danish bank that trades like a professional platform — broad, polished, and no longer expensive.

  • Multi-asset portfolios
  • Bond investors

Tiered — Improved pricing at higher account tiers

Stocks (per order)
0.08 %
Minimum deposit
None
FX conversion
0.25 %
StocksETFsOptionsFutures+7
  • Pros: Full Danish banking licence (Finanstilsynet licence 1149) and SIFI designation — a stronger structural safeguard than a broker-only permission
  • Cons: Currency conversion costs 0.25% over mid-market for EU and Swiss clients, and up to 0.60% at the UK entity's Classic tier — the single largest hidden cost for cross-currency investors
Group index 96/100
DFSAFCA, FINMA, MAS, JFSA
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 6Capital.com logo

Capital.com

A polished retail CFD platform in Europe, provided you accept that CFDs are the whole product.

  • Active CFD traders
  • Forex day trading
Stocks (per order)
in the spread
Minimum deposit
US$20
FX conversion
0.7 %
StocksETFsForexCFDs+4
  • Pros: No commission on any CFD and no inactivity fee whatsoever — unusual in the CySEC/FCA CFD segment
  • Cons: 0.7% currency conversion markup on every trade settled outside your base currency — the single largest hidden cost here
Group index 77/100
FCAASIC, CySEC
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 7XTB logo

XTB

One of the strongest trading platforms in the commission-free bracket - xStation 5 is a professional workspace attached to a zero-commission share account.

  • Serious charting on a budget
  • Commission-free European stocks

0% — 0% commission on stocks and ETFs up to the monthly volume cap

Stocks (per order)
Free
Minimum deposit
None
FX conversion
0.5 %
StocksETFsOptionsForex+4
  • Pros: xStation 5 is one of the strongest platforms in the commission-free bracket - a real screener, market heat map, sentiment data, economic calendar and news in one workspace, on web, desktop and mobile with near-identical features.
  • Cons: The 0.5% currency conversion charge (0.8% at weekends and on public holidays) applies whenever the instrument currency differs from your account currency. For a EUR investor buying US stocks it is charged on the way in and again on the way out, and it dwarfs the commission it replaces.
Group index 72/100
FCAKNF, CySEC, CNMV, DFSA, FSCA, FSC
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 8CapTrader logo

CapTrader

Interactive Brokers' market access wrapped in German regulation, German support and a German phone number.

  • German-speaking options and futures traders
  • Active traders who want IBKR pricing with German support
Stocks (per order)
0.1 %
Minimum deposit
€2,000
FX conversion
0 %
StocksETFsOptionsFutures+7
  • Pros: BaFin-supervised German investment firm (institution number 10156708) with a Düsseldorf address, German contract law and a free German hotline until 20:00
  • Cons: No Abgeltungsteuer is withheld. German investors gain a compounding advantage but must declare everything themselves via Anlage KAP, and a Freistellungsauftrag is not possible — for many people that alone rules CapTrader out
Group index 81/100
BaFinCBI, FCA
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 9

IC Markets

One of the cheapest routes to raw institutional FX pricing - as long as you check which entity you are signing with.

  • Algorithmic and EA traders
  • Scalping and high-frequency FX
Stocks (per order)
0.1 % (CFD)
Minimum deposit
€200
FX conversion
n/a
StocksFuturesForexCFDs+5
  • Pros: All-in EUR/USD cost of roughly 0.6 to 0.8 pips on Raw Spread - a 0.0 to 0.1 pip raw spread plus USD 3.50 per lot per side
  • Cons: Most non-EU, non-Australian clients contract with Raw Trading Ltd under Seychelles licence SD018 - an offshore regulator with no investor compensation scheme behind it
Group index 70/100
ASICCySEC, FSCA, FSA, SCB, CMA
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 10tastytrade logo

tastytrade

An options-specialist US broker: USD 1 per contract to open, closing commission-free — built by people who trade premium for a living.

  • Options premium sellers
  • High-volume multi-leg traders

USD 0 to close — No commission to close options positions

Stocks (per order)
Free
Minimum deposit
None
FX conversion
n/a
StocksETFsOptionsFutures+5
  • Pros: Equity options are USD 1 per contract to open, USD 0 to close and capped at USD 10 per leg — large multi-leg orders scale for free
  • Cons: FINRA censured and fined tastytrade USD 850,000 in 2026 for failing to run adequate best-execution reviews on equity orders routed to five payment-for-order-flow market makers between 2020 and 2023
Group index 82/100
FINRASEC, NFA
Protection depends on your legal entity
Visit brokerRead review

Risk warning: investing in securities involves risk. You may lose some or all of the capital you invest.

Rank 11Admirals (Admiral Markets) logo

Admirals (Admiral Markets)

The rare CFD broker that also settles real shares — broad, well-priced and unusually forgiving about dormant accounts.

  • Real share investing
  • MetaTrader users
Stocks (per order)
US$0.02/share
Minimum deposit
€100
FX conversion
0.3 %
StocksETFsForexCFDs+4
  • Pros: Real share and ETF ownership through Invest.MT5 — roughly 4,800 listed companies and 200-plus ETFs from USD 0.02 per share with a USD 1.00 minimum, with no custody or platform fee.
  • Cons: Support is weekday office hours only, with no weekend desk — a genuine gap for anyone holding crypto CFDs over a Saturday.
Group index 72/100
FCAASIC, CySEC, FSCA, JSC, CMA, FSA
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 12Kraken logo

Kraken

The most heavily licensed venue in crypto — and the only one that is also a chartered US bank.

  • Traders who prioritise regulatory quality
  • Crypto derivatives and margin traders
Stocks (per order)
Share trading not offered
Minimum deposit
€1
FX conversion
n/a
StocksETFsOptionsFutures+3
  • Pros: Wyoming SPDI bank charter through Kraken Financial — a full-reserve institution required to hold 100% unencumbered liquid assets against customer fiat, with a Federal Reserve limited-purpose master account
  • Cons: Entry-tier spot pricing of 0.40% maker and 0.80% taker is the most expensive base rate among major regulated venues, and you need USD 10,000 of 30-day volume before it drops below 0.40% taker
Group index 78/100
CBIFCA, SEC, CFTC, WY DoB, CySEC, VARA, BVI FSC
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Accounts and offers

Tax-advantaged accounts in Hungary

What tax law provides, with source and date. Whether an account suits your situation is not something we judge — this is not tax advice.

Tax-advantaged accounts in Hungary
AccountLimitMinimum holding periodTax treatmentHoldings and rulesSource
TBSZtartós befektetési számlaSecurities account · Bank accountnot stated5 years
  • Tax-free after the minimum holding period
  • Reduced tax rate
  • contributions only in the year of opening
Source: net.jogtar.huAs of 25 October 2026
NYESZnyugdíj-előtakarékossági számlaPension productnot statednot stated
  • Tax credit on part of the contributions
not statedSource: net.jogtar.huAs of 25 October 2026
TBSZ
Deposits only in the opening year (first deposit at least HUF 25,000), no top-ups afterwards. Lock-in of three years, optionally two more. Income tax on the yield: 0% at the end of the five years; 10% at the end of the three years or if broken during the extension; 15% if broken within three years. Social contribution tax (szocho) on the yield in the same cases: 0%, 8% and 13%. Eligible: financial instruments in controlled capital market transactions (such as government securities and fund units) or interest-bearing bank deposits.Source: net.jogtar.huAs of 25 October 2026
NYESZ
20% of contributions is refunded from personal income tax through the tax return, at most HUF 100,000 a year (HUF 130,000 for people who reached pension age before 1 January 2020).

What brokers in our comparison offer in Hungary

Only brokers that accept clients resident in Hungary, and only what a source documents. A broker missing from a row is undocumented — not a “no”.

TBSZ offered

Tax withholding or tax statement under the country's rules

  • LightyearSource: lightyear.comAs of 25 October 2026

    Lightyear states that it provides tax certificates; per the same page, assessing and paying the tax on the TBSZ yield remains the client's task.

Website in Hungarian

By trading style

Best broker per category

Every category weights the rating criteria differently — which is why the same provider rarely wins everywhere.

Transparency

Not available here

Transparency means showing the gaps too. These recorded providers do not accept clients resident here.

Tax and protection

Tax, supervision and investor protection in Hungary

Every fact with its source and the date we read it. Not tax or investment advice.

Supervision

Investor protection

  • Befektető-védelmi Alap (BEVA)Securities: up to €100,000 per client and institutionSource: net.jogtar.huAs of 25 October 2026

    Under §217(2) of the Capital Market Act: 100% up to HUF 1 million, above that HUF 1 million plus 90% of the excess, at most EUR 100,000 per person and member firm.

Such schemes pay when an institution fails and cannot return securities or cash. They do not cover falling prices.

US withholding tax

30% on US dividends: there is no income tax treaty with the US

Source: irs.gov/businesses/international-businesses/hungary…As of 25 October 2026Source: irs.gov/pub/irs-lbi/tax-treaty-table-1.pdfAs of 25 October 2026

The US–Hungary treaty was terminated effective 8 January 2023; for withholding on payments from 1 January 2024, withholding agents may no longer accept treaty claims. The non-treaty rate applies (30% per IRS Table 1, 'Other Countries' row). A W-8BEN therefore does not reduce the rate to 15% for Hungarian residents.

Transaction tax

  • Pénzügyi tranzakciós illeték0.45% on purchasesApplies to: Shares, bonds and fundsat most HUF 20,000 per transactionowed by the investment firm executing the order, including firms established abroadSource: net.jogtar.huAs of 25 October 2026

    Only on purchases of financial instruments with a Hungarian (KELER) ISIN. Hungarian investment firms and foreign providers acting cross-border in Hungary self-assess and pay it monthly. Exempt include purchases by individuals of up to HUF 50,000 each and accounts held only by non-residents.

Locally licensed providers we do not compare (yet)

Not rated and not part of our ranking; listed alphabetically. The details come from the providers themselves and the sources named.

  • Equilor Befektetési Zrt.

    not rated
    Regulator:
    MNB
    Licence:
    ÁPTF 73.051/1998; PSZÁF III./73.051-6/2002
    Website: equilor.huSource: equilor.huAs of 25 October 2026

    Supervisor and licence decisions per its own MiFID page; its tax information describes how trades on TBSZ accounts are taxed. We did not fetch a current TBSZ product page.

Sources and dates

We read every fact in these sections at the source named, on the date shown. Law and offers change; the source is what counts.

Show 11 sources
  1. Source: net.jogtar.huAs of 25 October 2026
  2. Source: net.jogtar.huAs of 25 October 2026
  3. Source: net.jogtar.huAs of 25 October 2026
  4. Source: xtb.comAs of 25 October 2026
  5. Source: xtb.comAs of 25 October 2026
  6. Source: lightyear.comAs of 25 October 2026
  7. Source: irs.govAs of 25 October 2026
  8. Source: irs.govAs of 25 October 2026
  9. Source: net.jogtar.huAs of 25 October 2026
  10. Source: net.jogtar.huAs of 25 October 2026
  11. Source: equilor.huAs of 25 October 2026

Head to head

The top 8, row by row

Fees apply to retail accounts under normal market conditions. Each provider's data date is on its review.

The top 8, row by row — Hungary
Rank#BrokerOverall scoreStocks (per order)Minimum depositFX conversionLocal licenceTax withheldAsset classesAction
1IG logoIGFCA · BaFin · FINMA4.5FreeNone0.8 %Local licenceTax withheld13Visit broker

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

2Interactive Brokers logoInteractive BrokersSEC · FCA · CBI4.50.05 %None0 %Local licenceTax withheld12Visit broker

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

3CMC Markets logoCMC MarketsFCA · ASIC · BaFin4.4Free (CFD)None0.7 %Local licenceTax withheld10Visit broker

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

4PepperstoneFCA · ASIC · BaFin4.40.1 % (CFD)US$100.8 pipsLocal licenceTax withheld9Visit broker

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

5Saxo logoSaxoDFSA · FCA · FINMA4.40.08 %None0.25 %Local licenceTax withheld11Visit broker

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

6Capital.com logoCapital.comFCA · CySEC · ASIC4.3in the spreadUS$200.7 %Local licenceTax withheld8Visit broker

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

7XTB logoXTBKNF · FCA · CySEC4.3FreeNone0.5 %Local licenceTax withheld8Visit broker

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

8CapTrader logoCapTraderBaFin · CBI · FCA4.20.1 %€2,0000 %Local licenceTax withheld11Visit broker

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Provider holds a licence from a supervisory authority of this country. Our dataset records the provider as a tax withholding agent for this country.

Advertising disclosure: where a partnership is active, we may earn a commission through broker links. The provider’s terms apply. Commissions do not influence our ratings; paid placements are separately labelled as sponsored.

Countries

Frequently asked questions

41 of the 72 providers recorded in our dataset accept clients resident in Hungary. The highest rated right now are IG, Interactive Brokers and CMC Markets. The full ranking with fees and regulation is at the top of this page.

Content on Brokaro is for information purposes only and is not investment, legal or tax advice. All information is provided without guarantee; only the provider's own statements are authoritative.

Read on

Guides and calculators for investors in Hungary

Background on tax, fees and regulation — and calculators for your own amounts.

Guides

Calculators

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