5 Best Trading Platforms in Hungary for 2025

In this guide, we rate, review, and recommend the 5 best online brokers in Hungary to buy, sell and trade stocks for beginners.
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Updated on Nov 8, 2024
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Our rankings reveal that the best online broker in Hungary is Plus500 .

That recommendation comes from our panel of trading experts, based on what we feel is most important: cost, security, and easy access to international markets.

We frequently test the best trading platforms & online brokers, and survey our Hungarian users to gather their thoughts and feedback on each of the top trading apps in Hungary.

Armed with that information we created a final ranking to answer the question: what are the best online brokers in Hungary for Hungarian users?

What is the best stock trading app in Hungary?

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These are the brokers that we rank as the overall best online trading platforms in Hungary. 

We found 14 online brokers for users based in

Plus500 review
4.5
Plus500
Min. Deposit $100
Fees From 2%
No. assets 2800+
Demo account Yes

Plus500 review

Buy or sell stock CFDs with Plus500. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

eToro review
4.6
eToro
Min. Deposit $100
Fees 1%
No. assets 50+
Demo account Yes

eToro review

eToro offers real assets only, no CFD products. eToro securities trading offered by eToro USA Securities, Inc. (‘the BD”), member of FINRA and SIPC. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Invezz.com is not an affiliate and may be compensated if you access certain products or services offered by the BD.

Eightcap review
4.5
Eightcap
Min. Deposit $100
Fees Up to $3.5 RT
No. assets 800+
Demo account Yes

Eightcap review

74-89% of retail CFD accounts lose money

Top 5 online brokers in Hungary, reviewed & compared

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We found 14 online brokers for users based in

1. Plus500. Best for international trading*

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4.5
Ratings

$100

Min. deposit

From 0.08%

Fees

2,800

No. assets

Yes

Demo account

Overview

We love Plus500 because it is one of the industry’s most transparent and reliable brokers. Its fees are clear and you’ll know exactly what you will be paying before you trade. Its technology driven platform gives access to futures for a range of instruments, including forex, commodities, and cryptocurrencies among several others.

Plus500 has something for all types of traders, no matter what level of experience. Its low margin requirements (starting at $20) and different contracts make it a top choice for day traders. At the same time, its trading academy is packed with educational content, perfect for beginners just starting. 

For accurate instrument availability, visit plus500.com.

The fees: Plus500 charges a commission of $0.49 per Micro contract and $0.89 per Standard contract (per side). There is an Auto-Liquidation fee of $10 per contract. Other exchange fees may be applicable and can be found on the CME group website. 

*Based on a comparison of 60+ leading brokers and trading platforms.

Highlights

Fees & Costs

Pros & Cons

Buy or sell stock CFDs with Plus500. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

2. eToro. Best for beginners, copy-trading & demo-account

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4.5
Ratings

$100

Min. deposit

0% commission

Fees

50

No. assets

Yes

Demo account

Overview

We love eToro because it’s a trading platform built with beginners and casual traders in mind. The platform combines an interactive, social trading experience with an easy-to-use interface, making it ideal for novice traders.

The far-reaching catalog of more than 5,500 stocks and ETFs includes big names like Apple and Tesla, as well as smaller companies with high growth potential. You can start trading with as little as $10 using fractional shares if you’re on a tight budget.

One feature we particularly appreciate is the ability to interact with eToro’s 35 million users on any asset, market, or portfolio page. If you find traders whose strategies match your risk tolerance, you can copy their portfolios automatically using eToro’s flagship copy trading functionality. This is a great way to learn and potentially benefit from the expertise of more experienced traders.

If you don’t feel comfortable investing your cash straight away, you can use a free demo account, credited with $100,000 virtual dollars. This offers plenty of opportunities to try out a trading strategy that works for you across stocks, crypto, and options trading markets.

Highlights

Fees & Costs

Pros & Cons

eToro offers real assets only, no CFD products. eToro securities trading offered by eToro USA Securities, Inc. (‘the BD”), member of FINRA and SIPC. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Invezz.com is not an affiliate and may be compensated if you access certain products or services offered by the BD.

3. Eightcap. Best online broker for choice of trading platform

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4.5
Ratings

$100

Min. deposit

Up to $3.5 RT

Fees

800

No. assets

Yes

Demo account

Overview

We love Eightcap because you have several trading platforms to choose from. You can choose between MetaTrader 4, MetaTrader 5, and TradingView. All of these platforms are favourites among retail traders. With the MetaTrade suite of platforms, you can access lots of technical indicators, custom tools, and expert advisors. 

TradingView with Eightcap allows you to trade directly from your charts while accessing the hundreds of tools and features available. Eightcap a selection of over 200 crypto CFDs so there’s an excellent range to choose from. You can trade the biggest coins like BTC/USD and many altcoins like DOGE/USD.  

The fees: Eightcap is a CFD broker and charges spread, commissions, or a combination of both. There are two account types available, RAW, and Standard. The RAW account has ultra-low spreads starting from 0.0 pips but charges $3.5 RT per lot. The standard account is commission-free for most assets and spreads start from 1 pip.

Highlights

Fees & Costs

Pros & Cons

74-89% of retail CFD accounts lose money

4. Skilling. Best app for mobile trading

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4
Ratings

€100

Min. deposit

From 0.1%

Fees

1,200

No. assets

Yes

Demo account

Overview

We love Skilling because it’s a beginner-friendly platform that makes trading accessible to everyone. It offers a good choice of markets to trade via CFDs, with access to over 1200 instruments. Skilling allows you to trade forex, commodities, stocks, indices, and cryptocurrencies. 

Skilling’s extensive selection of markets is complemented by its low spreads, fast execution, and choice of trading platforms, including MT4, cTrader, and SkillingTrader. In addition, its mobile trading app, available on both iOS and Android, allows you to easily trade on the go. 

What sets Skilling apart from the competition is its social trading platform, Skilling Copy. Here you can use its proprietary software to copy the trades of experienced traders. This makes it a perfect platform for beginners looking to learn from experts, or experienced traders looking to diversify into new markets. 

The fees: There are no fees for standard account types. Skilling makes its money on the Bid/Ask spread, and spreads start from 0.7pips. Premium accounts are charged a commission which starts from $35 per million traded. Positions left open overnight will be charged swap fees, which vary depending on the trade size.

Highlights

Fees & Costs

Pros & Cons

76% of retail CFD accounts lose money when trading CFDs with this provider.

5. IG Markets: Best for trusted and transparent trading

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4
Ratings

$-

Min. deposit

Spread only

Fees

17,000

No. assets

Yes

Demo account

Overview

We love IG because it’s one of the most established and reputable names in the online trading industry, known for its reliability, comprehensive market offerings, and strong regulatory compliance. IG offers CFD trading in stocks, forex, commodities, indices, ETFs and more, with plenty of useful plugins and integrations to improve the trading experience.

One of the key strengths of IG Markets is its seamless integration with MetaTrader 4 (MT4), a popular third-party trading platform favored by many traders for its advanced charting tools, automated trading capabilities, and custom indicators. This integration allows users to leverage MT4’s sophisticated features while benefiting from IG Markets’ competitive pricing, reliable execution, and extensive market access.

Beyond its product range and platform integrations, IG Markets stands out for its commitment to education and customer support. The company offers a wealth of educational resources, such as webinars, tutorials, and market analysis, which help traders of all levels improve their knowledge and skills.

The fees: For most assets, you don’t pay a trading fee but will be charged through the spread instead. That’s the difference between the buy and sell price of an asset. IG’s spreads are competitive but variable: you’ll pay a smaller spread on popular assets compared to less popular ones. Share trading works differently, and you’ll be charged a minimum fee on each trade of at least $15.

Highlights

Fees & Costs

Pros & Cons

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Which trading app in Hungary has the best user reviews?

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As part of our research process we gathered up reviews and feedback from Hungarian users to help us finalise the rankings.

Below is a summary of the feedback and ratings for each platform.

Review source Plus500 rating eToro rating Eightcap rating
Trustpilot 4 4.4 4.3
Google Play Store 4.3 4.1 4.1
App Store 4.1 3.8 3.8
View more > Plus500 > eToro > Eightcap >

Are stock brokers in Hungary regulated?

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Yes, online brokers have to be regulated in order to offer share dealing services.

Ideally, you want to find a broker that offers top-tier regulatory protection either through your local regulator, or through another internationally recognised institution. 

The best brokers in Hungary are regulated by the Central Bank of Hungary (MNB), which provides a license for these firms to operate and governs their actions in order to protect investors.

Use the Central Bank of Hungary (MNB) database to check if your favourite online broker is regulated to operate in Hungary (each company has a registration number, and you can search this to find out if it’s got a license).

On top of that, many online brokers in Hungary are based elsewhere but regulated to operate internationally through institutions such as CySEC (the Cyprus Securities and Exchange Commission). 

Here are the best online brokers in Hungary and where they’re regulated across the world.

Region Plus500 regulators eToro regulators Eightcap regulators
Africa FSA
Asia
Australasia ASIC, FMA ASIC ASIC
Europe FCA, CySEC FCA, CySEC FCA, CySEC
International
North America FinCEN
South America
View more > Plus500 > eToro > Eightcap >

How much does it cost to use an online trading platform in Hungary?

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It is normally free to sign up to a stock trading platform in Hungary.

The main cost comes in the form of trading fees, which depend on the platform and on what you want to trade. Some of the best stock trading apps in Hungary offer completely free trading, while others charge a flat fee or commission per trade.

On average, this usually adds up to about 1-2% of your total trade value.

Here’s a comparison of the trading fees across our highest rated Hungarian brokers.

Asset Plus500 fees eToro fees Eightcap fees
Crypto From 2% 1% Up to $3.5 RT
Commodities From 0.04% From 2 pips Up to $3.5 RT
From 0.8%
Indices From 0.7% From 0.75 pts Up to $3.5 RT
Stocks From 0.08% 0% commission Up to $3.5 RT
View more > Plus500 > eToro > Eightcap >

Another way an online broker in Hungary might charge you is via the spread.

The spread is the difference between the buy and sell price of an asset, and effectively serves as a commission the broker is charging you on top of the market price.

The smaller the spread, the better value you’re getting from your broker.

Here’s a comparison of the spreads across the top Hungarian trading platforms.

Product Plus500 spreads eToro spreads Eightcap spreads
Stock CFDs 0.10% 0.15% From 1.2 pts
ETF CFDs 0.10% 0.15%
Forex CFDs 0.8 pips From 1 pip From 0.0pips
Crypto CFDs 2% 1% From 0.5%
Index CFDs 0.20% From 0.75 points From 1.2 USD
Commodity CFDs 0.50% From 2 pips From 0.12 USD
View all tradable assets > Plus500 > eToro > Eightcap >

On top of the trading fees and spreads, there may be other charges for using your online broker account.

These can include inactivity fees, where you’re charged if you don’t use your account for a period of time (usually 3-6 months), as well as overnight fees, which only apply if the broker is also a CFD platform, or even an account maintenance fee.

Here’s a look at the types of fees different brokers in Hungary charge, to give you a complete picture of the cost of trading with the top brokers in Hungary.

Fee Plus500 fees eToro fees Eightcap fees
Trading fees No Yes, on certain assets Yes
Inactivity fees Yes Yes No
Rollover/overnight fees Yes Yes, on CFDs Yes, on certain assets
Withdrawal fees No Yes Yes, for certain payment methods
Spreads Yes Yes, on certain assets Yes
Conversion fees Yes Yes, for non-USD currencies Yes, currency dependent
View more > Plus500 > eToro > Eightcap >

How much money do I need to start trading?

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Typically, the minimum deposit for each Hungarian broker is the equivalent of $10.

If this is all you can manage: great, and you can get started with that.

But you probably want to start with a larger amount of money, or a plan to add more over time, otherwise it’s going to be difficult to grow your wealth in any significant way.

You don’t need a lot to start, but you do need to invest a reasonable amount of money to generate substantial returns.

A great way to do this is to invest a fixed amount at regular intervals, a concept known as Dollar-Cost Averaging.

This means that you can start with a small investment and the amount you invest can be adjusted depending on your circumstances.

You should also consider the minimum trade size on each platform. This governs the smallest investment you can make, so if you plan to invest small amounts then it is a crucial number to think about.

Compare the minimum and maximum trade sizes for each top broker in Hungary right here.

Product Plus500 minimum trade eToro minimum trade Eightcap minimum trade
Stock CFDs $10 $10 1 share
ETF CFDs $10 $10
Forex CFDs 0.01 lots $33.34* 0.01 lots
Crypto CFDs $0.10 $10 Variable
Index CFDs $10 $1,000 1 share
Commodity CFDs $10 $1,000 0.01 lots
View more > Plus500 > eToro > Eightcap >

More about stock trading platforms in Hungary

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What products can I trade?

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For most people, the key question is whether you can trade stocks from other countries, as well as Hungary. The answer is yes, with some caveats.

Most of the brokers we recommend are global platforms, that offer stocks from around the world (particularly the US market, which is by far the most popular and – in our experience – what you’re likely to be interested in!).

However, there can be limitations. For example, you might have to make deposits in US Dollars in order to trade those stocks or to use the platform, and that’s not always an option.

Your broker might offer currency conversion services, but they can be expensive.

In general though, you certainly can trade global stocks through a Hungarian stock broker. And you often aren’t limited to stocks, there are other options as well – including things like ETFs, which are super simple to buy.

Stocks

  • Hungarian stocks. One investment option is to simply buy and sell stocks that are listed in Hungary. Investing in the Hungarian market is normally the most straightforward option for Hungarian residents, as you can buy shares in any company that’s listed on a Hungarian stock exchange.
  • US stocks. Some of the best known companies in the world are listed in the United States. The best online broker in Hungary will also let you invest in stocks that are listed on the NYSE or the NASDAQ exchange in the US, but it depends on the legal restrictions in Hungary.
  • International stocks. You may also be able to buy shares in companies that are based in the rest of the world. The best international brokers in Hungary offer global stocks, but it may be a limited selection. If you want to buy equities from outside Hungary or the US, be sure to check those stocks are available through your online broker before you sign up.

ETFs

ETFs (exchange traded funds) are investment funds that pool money together from lots of different investors and use it to track a particular index, like the S&P 500.

This kind of investing has exploded over the last decade. The largest ETF in the world, which invests in the S&P 500 – the famous US index that contains companies like Apple, Tesla, and Alphabet – holds more than half a billion dollars worth of investor money on its own.

If you’ve ever used a round-up investment app like Acorns or Moneybox, they are almost certainly investing in ETFs on your behalf. Many pension schemes use them now as well. This is for two main reasons: they’re simple to use, and they’re cheap.

Even if you can’t invest in every stock from every country, you can usually find an alternative in an ETF that tracks the performance of Hungary’s top stock exchanges and indexes. 

Mutual funds

Mutual funds are professionally managed investments. You buy shares in the fund through an investment platform and the manager decides what to invest it in.

Typically, a fund manager chooses a mixture of global stocks, local Hungarian stocks, and ETFs that track global indices from across the world.

Mutual funds and ETFs are similar, but the former are managed by a professional who tries to beat the market, while the latter buy and sell stocks automatically based on a set of fixed criteria.

Typically a mutual fund charges higher management fees every year because of the extra work involved. The best stock broker in Hungary should allow you to invest in stocks from Hungary, as well as ETFs and mutual funds.

Futures and options

Futures and options contracts involve making an agreement to purchase a stock in the future at an agreed price. They’re favoured by stock traders and can be used as a way of speculating on how you think a company’s price might change in the future.

Other assets

Most trading platforms in Hungary offer a variety of assets alongside stocks, funds, and ETFs. With the best Hungarian brokers you can create a diversified portfolio made up of leading global stocks, ETFs, cryptocurrencies, and dabble with trading currency pairs and commodities as well.

Compare the assets available with each of the top Hungarian brokers below.

Product Plus500 assets eToro assets Eightcap assets
Stock CFDs 1,800+ 3117 590
ETF CFDs 100+ 317
Forex CFDs 50+ 49 56
Crypto CFDs 40+ 73 122
Index CFDs 20+ 20 16 (17 on TradingView)
Commodity CFDs 20+ 26 16
View more > Plus500 > eToro > Eightcap >

Note that all listed instruments on Plus500 are available to trade as CFDs.

You should keep in mind, however, that to invest in other financial products from Hungary, you may be better off using a different type of trading platform.

For example, for trading currency pairs you want one of the best forex brokers in Hungary, for cryptocurrencies like Bitcoin, the best crypto exchanges in Hungary. The best cfd brokers in Hungary offer a range of financial assets, including many of the options above.

How to buy stocks in Hungary

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Every stock trading app in Hungary is designed to help you invest with the minimum of fuss. 

Follow this six step guide to learn how to buy shares online in Hungary for the first time.

1. Find a Hungarian trading app

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Compare the best online stock brokers in Hungary and choose your favourite from the list at the top of this page.

2. Create an account

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Once you’ve chosen the best broker Hungary, set up an account by supplying your email address and password. Fill in personal details like your name and address.

3. Verify the broker account

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Before you use an online trading platform in Hungary you need to verify your identity.

Upload a copy of your driving licence or passport to do this. The verification process can take up to 24 hours, but is often much quicker than that.

4. Deposit money into your trading account

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You can make your initial deposit via a card payment, bank transfer, or an alternative payment method.

Many of the best online brokers in Hungary accept PayPal and similar e-wallets, but you should check this ahead of time.

5. Search for a stock and place your trade

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Find the stocks you want to trade using their ticker symbol. Enter the details of your trade, and hit ‘buy’ to execute it.

6. Monitor your investment

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Check up on your investment regularly. Use the latest news and stock market research to help you decide when to sell your shares, and lock in a profit or loss.

How we chose the best online trading platform in Hungary

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Our reviewing panel is made up of industry experts, including our Director Michael Charalambous, Editor of News, Harsh Vardhan, Editor of Education, James Knight, and long-time trader and Platform Reviewer, Prash Raval. The panel also includes an independent fact checker, Richard Stutely.

We work with many financial experts across the world, and we tap into their expertise to give us an insight into the particular trading environment of each country, and what’s important to users in Hungary compared to everywhere else.

All that breaks down into a list of criteria that we use to form a final ranking.

Here are the key factors that played into our final ranking of the best stock brokers in Hungary.

  • Fees. We prioritised Hungarian brokers that offer commission-free trading, charge low trading fees, don’t charge deposit or withdrawal fees, and don’t charge any hidden fees.
  • Device availability. An online trading platform that is available across all devices as a mobile app deserves a boost. In a mobile world, you need the best stock trading app in Hungary to work across mobile, tablet, and desktop. 
  • Platform security. All services we recommend are regulated by respected financial institutions and provide investor protection in the event that anything goes wrong.
  • Free demo accounts. All the best stockbrokers in Hungary should offer the chance to test their service before you pay for it. We gave the brokers with the best demo accounts a boost in our rankings.
  • Access to global markets. International stock brokers in Hungary that allow you to invest in global markets, particularly popular ones like the United States, scored well in our reviews.
  • Trading and analysis tools. An online stock broker that offers analysis tools makes it easier to do all your research and trading in one place. Any online broker that offered this convenience scored well.
  • Third-party integrations. You might want to use a piece of downloadable, third-party software like MetaTrader 4, MT5, or cTrader to place your trades. The best trading software in Hungary should integrate with these services and those that did so received a higher ranking. 
  • Customer reviews. Finally, we looked into customer reviews, to make sure that we only recommend the best investment platforms in Hungary where the majority of Hungarian customers had a positive experience.

Find out more about how we rate, rank, and review platforms.

FAQs

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01

What’s the best broker for beginners in Hungary?

02

What’s the best investment platform in Hungary?

03

What’s the cheapest online broker Hungary with the lowest fees?

04

Which trading app is best in Hungary?

05

Which investment platform in Hungary has the best demo account?

06

What’s the safest broker in Hungary?

07

Is it legal to trade stocks in Hungary?


Sources & references

James Knight

Editor of Education

  • Stock Market
  • Cryptocurrencies
  • Commodities
  • Investing
  • Sport
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets. His main focus is on improving financial literacy among casual investors. He has been with Invezz since the start of 2021 and has been...