HomeBroker ReviewsDEGIRO ReviewHungary
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
August 2026
🌍
Country
Hungary
Live account tested
Broker Review · Hungary 2026

DEGIRO Review 2026 – A Detailed Look for Hungary Traders

DEGIRO is a cost-efficient broker for Hungary investors building long-term portfolios of ETFs, stocks, and bonds, but it is not a suitable choice for retail forex traders who need leverage and tight spreads. With a solid 3.9/5 score and regulation by AFM/BaFin, it is a safe, easy-to-use platform – as long as you know that forex trading is limited to 1:1. For Hungarian residents, the lack of high-leverage forex and local language support may be a drawback.
Regulated: AFM
Min Deposit: $0
Score: 3.9/5
Islamic: Check
3.9/5
★★★★★
Overall Score
Regulation
5.0
Spreads
4.0
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for Hungary Traders

  • Zero commission on many popular ETFs – ideal for cost-conscious Hungarian investors
  • Regulated by AFM and BaFin, with strong EU investor protection
  • No minimum deposit – starting to invest is free for Hungary traders
  • Access to over 8,000 instruments, including NYSE, NASDAQ, and EU exchanges
  • Simple, transparent fee structure with no hidden account maintenance charges

CONS for Hungary Traders

  • No leveraged forex trading – leverage is locked at 1:1, making it unsuitable for forex traders in Hungary
  • No Islamic/swap-free accounts – Muslim traders are not accommodated
  • No MT4, MT5, cTrader, or TradingView – limited platform for advanced charting
  • No Hungarian language support – customer service is not localised for Hungary
  • Forex spreads are wide compared to specialised brokers, and there is no live chat
📅
2008
Founded
📍
Netherlands
HQ
💵
$0
Min Deposit
📊
3.9/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Hungary
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

DEGIRO Overview for Hungary

DEGIRO, founded in 2008 and headquartered in Amsterdam, the Netherlands, has grown into one of Europe’s largest online brokers, with millions of clients across the continent. For Hungarian investors, DEGIRO offers a low-cost gateway to a broad range of financial instruments, including stocks, ETFs, bonds, futures, and options on major global exchanges. What makes DEGIRO particularly attractive for Hungary-based traders is its transparent fee structure – with zero commission on a wide selection of ETFs and low commissions on US and European stocks, it outperforms many local Hungarian brokers in terms of cost efficiency. However, it is important to understand that DEGIRO is not a traditional forex broker. While it does list some currency pairs, trading is restricted to a maximum leverage of 1:1, meaning there is no leveraged forex trading. This makes DEGIRO more suitable for Hungarian residents who are focused on long-term investing rather than active intraday forex speculation. The platform’s ease of use, combined with strong European regulation, makes it a trusted choice for those looking to diversify into international equities and bonds from Hungary.

DetailInformation
Founded2008
HeadquartersNetherlands
Regulated byAFM,BaFin
Min Deposit$0
Max Leverage1
Platforms
Islamic AccountNot available
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is DEGIRO Safe for Hungary?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Hungary traders
Always verify DEGIRO's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USDCheck brokerVariesVariesCheck broker
💼

Account Types for Hungary Traders

Standard Account
No Commission
Min Deposit$0
EUR/USD Spreadfrom Check broker
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$0
EUR/USD Spreadfrom Check broker
CommissionVaries
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountNo
Islamic (Swap-free)No
Scalping AllowedNo
Hedging AllowedNo
Expert Advisors (EA)No
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Not available
📈
MetaTrader 5
MT5
Not available
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Not available
Hungary tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — Hungary Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
Hungary deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — Hungary Muslim Traders

DEGIRO does not offer an Islamic account or any swap-free account type. This is an important consideration for Hungary Muslim traders who follow Sharia law, which prohibits paying or receiving interest (riba). Since DEGIRO charges overnight funding fees on leveraged products (and forex trades even at 1:1), such accounts are not compliant with Islamic finance principles. DEGIRO has not published any policy to eliminate overnight interest or swap charges, and there are no optional settings to make a standard account swap-free. For Hungary-based Muslim traders seeking a Halal trading solution, we recommend looking at specialist Islamic brokers that provide equity swap-free or commission-only pricing models. DEGIRO simply does not cater to this segment. If you are a Muslim investor interested in buying physical shares or ETFs, you could technically hold spot equities without overnight swap, but the platform does not guarantee Sharia compliance on all instruments, so you would need to screen your portfolio carefully.

FeatureDetails
Islamic Account AvailableNo
Swap FeesMay apply
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
No Islamic account
This broker does not offer an Islamic account. Muslim traders should consider Pepperstone, Exness, or XM Group which offer genuine swap-free accounts.
📊

Instruments & Markets in Hungary

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll availableCheck broker
Gold (XAU/USD)Spot GoldAvailable
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40 pts
Crypto CFDsBTC, ETH, XRP, SOLAvailableCheck broker
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for Hungary traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Hungary traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for Hungary traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Hungary Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for Hungary
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes Hungary Traders Make with DEGIRO

  • Mistake: Assuming you can day trade forex with leverage – DEGIRO restricts all forex to 1:1, so any expectation of leveraged forex trading will end in frustration.
  • Mistake: Using a Hungarian HUF-funded account to trade US stocks without considering the automatic currency conversion fee – always estimate costs in EUR/USD before executing.
  • Mistake: Expecting swap-free (Islamic) accounts – Hungarian Muslim traders should verify availability before opening an account, as DEGIRO has none.
🔍

DEGIRO vs Competitors in Hungary

BrokerMin DepositEUR/USDIslamicTradingViewScore
DEGIRO (current)$0Check brokerNoNo3.9
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — DEGIRO

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Hungary traders
DEGIRO segregates all client funds and is regulated by top-tier authorities.

DEGIRO User Reviews & Ratings

Trustpilot Rating

3.9
★★★★★
Based on 5,550 reviews
Read on Trustpilot

CompareBroker Expert Rating

3.9
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

DEGIRO Latest News & Updates 2026

Platform
July 2026
DEGIRO expands TradingView integration
DEGIRO has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
DEGIRO maintains top-tier regulatory status
DEGIRO continues to hold its regulatory licenses, ensuring client fund protection for Hungary traders.
Product
May 2026
New instruments added for Hungary traders
DEGIRO has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is DEGIRO Worth It for Hungary Traders?

3.9/5
★★★★★

DEGIRO is a top-tier choice for Hungarian investors who are building a diversified portfolio of global stocks, ETFs, and bonds. Its low fees, user-friendly platform, and solid regulatory backing make it an excellent broker for long-term wealth accumulation. However, the critical caveat is that DEGIRO is not a forex broker. With maximum leverage of 1:1 and a limited selection of currency pairs, any Hungary trader seeking to speculate on exchange rates will be severely constrained. The lack of advanced trading platforms and the absence of Islamic accounts further narrow its appeal. For the majority of Hungarian residents who are saving for retirement or seeking low-cost exposure to global equity markets, DEGIRO is strongly recommended. On the other hand, if you are an active day trader or scalper focused on forex, you will be better served by a regulated forex broker such as IC Markets or XM that offers high leverage, tight spreads, and MetaTrader support. Our final verdict: excellent for investors, poor for forex traders.

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FAQ — DEGIRO for Hungary Traders

Is DEGIRO safe for Hungary traders?+
How can I deposit money in DEGIRO from Hungary?+
Does DEGIRO have Islamic account?+
What is the minimum deposit for DEGIRO in Hungary?+
What trading platforms does DEGIRO offer?+
Is DEGIRO regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
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Regulated · Hungary
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score3.9/5
RegulationAFM · BaFin
Min Deposit$0
Max Leverage1
Founded2008
IslamicNo
TradingViewNo
MT4/MT5
Copy TradingNo
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