Trading Overview
Hungary is a non-eurozone EU member state using the forint (HUF). The Magyar Nemzeti Bank (MNB) acts as both central bank and integrated financial supervisor. Most international brokers serve Hungarian clients via MiFID II passporting. Interactive Brokers is the only major broker with a directly MNB-licensed Hungarian entity.
The critical tax distinction is the 'controlled capital market transaction' classification: trades through EU-regulated brokers are exempt from the 13% szocho, halving the effective rate from 28% to 15%. This creates a powerful incentive to trade only through regulated brokers.
Hungary has a growing retail trading community centred in Budapest, one of Central Europe's fintech hubs. The 9% corporate tax rate (lowest in the EU) has attracted financial service providers.
Regulator
MNB
Currency
HUF
Compensation Limit
EUR 20,000 (BEVA)
Language
Hungarian
Tax Information
Forex trading profits are taxed at a flat 15% personal income tax (SZJA). Trades through EU-regulated brokers qualify as 'controlled capital market transactions', exempting them from the additional 13% social contribution tax (szocho). Trading through unregulated brokers incurs the full 28% effective rate.
This is general information only. Consult a local tax advisor for guidance specific to your situation.
Investor Protection & Compensation
Compensation Limit: EUR 20,000 (BEVA)
If a regulated broker operating in Hungary becomes insolvent, eligible clients are covered by the national investor compensation scheme up to the limit shown above. This protection is mandatory under EU law for all regulated investment firms.
All EU-regulated brokers must also provide negative balance protection and keep client funds in segregated accounts separate from their operating funds.
Popular Brokers in Hungary
The most widely used forex brokers among traders in Hungary, all regulated for the EU market.
Min Deposit
None
EUR/USD
0.6 pips average
Max Leverage
Up to 1:30
BaFin
FCAIG is one of the longest-established retail brokers (founded 1974), offering 17,000+ instruments, a BaFin-regulated EU entity, and an award-winning proprietary platform.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Min Deposit
None
EUR/USD
0.0 pips
Max Leverage
Up to 1:30
CySECPepperstone serves EU clients through its CySEC-regulated entity (part of a group also licensed by BaFin, the FCA and ASIC), offering razor-sharp spreads, zero minimum deposit, and excellent execution across MT4, MT5, cTrader, and TradingView.
73.7% of retail CFD accounts lose money.
Min Deposit
$10
EUR/USD
0.0 pips
Max Leverage
Up to 1:30
FSAExness is a high-volume global broker with ultra-tight pricing and instant withdrawals. Holds CySEC and FCA licences but closed EU/EEA/UK retail onboarding in 2019 — available to non-EU residents only.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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