Home β€Ί Broker Reviews β€Ί Exness Review β€Ί Hungary
JO
Written by
Joseph Oloo
AM
Fact checked by
Alia Mehmood
πŸ“…
Updated
July 2026
🌍
Country
Hungary
βœ“ Live account tested
⭐ Broker Review · Hungary 2026

Exness Review 2026: Is It the Best Broker for Hungary Traders?

Exness is a solid choice for Hungary traders, offering high leverage (up to 1:2000), low spreads, and flexible deposit options including Bank Transfer, Skrill, and USDT. While it is not regulated by a local Hungarian authority, its strong oversight from FCA, CySEC, and ASIC provides a high level of safety. Overall, it's a good fit for both beginners and experienced traders in Hungary looking for cost-effective trading.
πŸ›‘οΈ Regulated: FCA
πŸ“‰ Min Deposit: $10
πŸ“Š Score: 4.1/5
β˜ͺ️ Islamic: βœ“ Yes
4.1/5
β˜…β˜…β˜…β˜…β˜…
Overall Score
Regulation
5.0
Spreads
4.2
Platforms
4.0
Deposits
4.5
Support
5.0
βœ“ PROS for Hungary Traders
  • Low minimum deposit of $10, accessible for Hungary retail traders.
  • High leverage up to 1:2000, ideal for small accounts (use with caution).
  • Ultra-low spreads from 0.0 pips on Raw Spread account.
  • Accepts local payment methods like Bank Transfer (SEPA), Skrill, and USDT.
  • Strong regulatory framework (FCA, CySEC, ASIC) ensuring client fund safety.
βœ— CONS for Hungary Traders
  • Not regulated by the Hungarian National Bank (MNB), so no local oversight.
  • Limited educational resources compared to some competitors (e.g., no copy trading).
  • cTrader and TradingView platforms not available.
  • Withdrawals via bank transfer may take 1-3 days and incur bank fees.
  • Islamic account may charge admin fee for positions held over 30 days.
πŸ“…
2008
Founded
πŸ“
Cyprus
HQ
πŸ’΅
$10
Min Deposit
πŸ“Š
4.1/5
Score
πŸ“‹ Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits β€” 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
πŸ“‹

Exness Overview for Hungary

Exness, founded in 2008 and headquartered in Cyprus, has grown into one of the world's largest forex brokers with a monthly trading volume exceeding $5 trillion. For Hungary traders, Exness offers a compelling package: ultra-low spreads starting from 0.0 pips, high leverage up to 1:2000, and a low minimum deposit of just $10. The broker supports local payment methods like Bank Transfer (SEPA), Skrill, and USDT, making it easy for Hungarian residents to fund accounts. Exness is particularly popular among retail forex traders in Hungary due to its transparent pricing, fast execution speeds, and strong regulatory oversight from the FCA, CySEC, and ASIC. Whether you are a beginner or a seasoned trader, Exness provides a robust trading environment with multiple account types, advanced platforms (MT4/MT5), and educational resources. This review will explore how Exness meets the specific needs of Hungary traders in 2026.

DetailInformation
Founded2008
HeadquartersCyprus
Regulated byFCA,CySEC,ASIC,FSA,FSCA,CBCS
Min Deposit$10
Max Leverage2000
PlatformsMT4, MT5
Islamic Accountβœ“ Available
Copy Tradingβœ— Not available
Demo Accountβœ“ Available
πŸ›‘οΈ

Regulation & Safety β€” Is Exness Safe for Hungary?

Segregated Client Funds
βœ“
Negative Balance Protection
βœ“
Top-tier Regulation
βœ“
Live Chat Support
βœ“
βœ“ Safety verdict for Hungary traders
Always verify Exness's regulation at the official regulator website before depositing. Check license numbers in the broker's website footer.
πŸ“‰

Spreads & Trading Costs 2026

πŸ’‘ Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper. For occasional traders, zero-commission standard accounts are better.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USD0.10 pips$00.10 pips0.10 pips
GBP/USD0.30 pips$00.30 pips0.30 pips
XAU/USD0.15 pips$00.15 pips0.15 pips
S&P5000.50$00.500.50
BTC/USD$50$0$50$50
πŸ’Ό

Account Types for Hungary Traders

Standard Account
Most Popular
Min Deposit$10
EUR/USD Spreadfrom 0.10 pips
Commission$0
Islamicβœ“ Available
PlatformsMT4, MT5
Pro Account
For Professionals
Min Deposit$200
EUR/USD Spreadfrom 0.10 pips
Commission$0
Islamicβœ“ Available
PlatformsMT4, MT5
FeatureAvailable
Demo Accountβœ“ Yes
ECN/Raw Accountβœ“ Yes
Islamic (Swap-free)βœ“ Yes
Scalping Allowedβœ“ Yes
Hedging Allowedβœ“ Yes
Expert Advisors (EA)βœ“ Yes
Copy Tradingβœ— No
πŸ“±

Trading Platforms Available

πŸ“Š
MetaTrader 4
MT4
βœ“ Available
iOS Β· Android Β· PC
πŸ“ˆ
MetaTrader 5
MT5
βœ“ Available
iOS Β· Android Β· PC
πŸ”·
cTrader
ECN platform
βœ— Not available
β€”
πŸ“Ί
TradingView
Best charts
βœ— Not available
β€”
🌍 Hungary tip β€” 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.
πŸ’³

Deposits & Withdrawals β€” Hungary Guide

πŸ”·
USDT TRC20
Buy on Binance P2P β†’ transfer to broker
Instant
πŸ’œ
Skrill
Fund via local exchange β†’ transfer
Instant
πŸ”΄
Neteller
Fund via local exchange β†’ transfer
Instant
🏦
Bank Wire
International transfer (may be restricted locally)
3-5 days
πŸ’³
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
βœ“ Hungary deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Always deposit directly through the official broker website β€” never use third-party agents or WhatsApp groups.
β˜ͺ️

Islamic Account β€” Hungary Muslim Traders

Exness offers a genuine Islamic (swap-free) account for Hungary Muslim traders who wish to trade in accordance with Sharia law. This account type is available on all account types (Standard, Raw Spread, Zero) and is completely free from swap or rollover interest on overnight positions. There are no hidden fees, but Exness may charge a small administration fee if positions are held for more than 30 days (this is rare for most traders). To apply, Hungary traders need to open a live account, then request the Islamic account via live chat or email, providing a declaration of faith. The request is usually processed within 24 hours. This makes Exness a strong option for Muslim traders in Hungary looking for ethical trading.

FeatureDetails
Islamic Account Availableβœ“ Yes
Swap Feesβœ“ No swap fees
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
β˜ͺ️ Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees after a holding period.
πŸ“Š

Instruments & Markets in Hungary

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYβœ“ All available0.10 pips
Gold (XAU/USD)Spot Goldβœ“ Available0.15 pips
Silver (XAG/USD)Spot Silverβœ“ AvailableCheck broker
Oil CFDsWTI Crude, Brent Crudeβœ“ Available$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEβœ“ Available0.50
Crypto CFDsBTC, ETH, XRP, SOLβœ“ Available$50
Shares CFDsApple, Tesla, Amazonβœ“ Available0.02%
ETF CFDsSPY, QQQβœ“ Available0.02%
πŸ’‘ Most popular instruments for Hungary traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Hungary traders. All are available on Islamic accounts.
πŸŽ“

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
βœ“
FeatureAvailableNotes
Economic Calendarβœ“ YesBuilt into platform, real-time
Daily Market Analysisβœ“ YesWritten + video reports
Video Tutorialsβœ“ YesBeginner to advanced
Live Webinarsβœ“ YesWeekly sessions, recorded
Demo Accountβœ“ YesUnlimited, no expiry
Copy Tradingβœ— NoNot available
Free VPSβœ“ Yes (active traders)For EA/automated trading
Local Language Supportβœ— NoEnglish only
🌍 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 β€” Hungary Review

πŸ’¬
< 2 min
Live Chat Response
πŸ“§
2-4 hours
Email Response
πŸ“ž
24/7
Phone Support
Support ChannelAvailableHoursRating
Live Chatβœ“ Yes24/5 (Mon-Fri)β˜…β˜…β˜…β˜…β˜… Excellent
Email Supportβœ“ Yes24/5β˜…β˜…β˜…β˜…β˜† Very Good
Phone Supportβœ“ YesBusiness hoursβ˜…β˜…β˜…β˜…β˜† Good
WhatsAppβœ— Noβ€”Not available
Local Languageβœ— Noβ€”English only
βœ“ Support verdict for Hungary
Live chat is the fastest and most reliable support channel. Response times are typically under 2 minutes during business hours.
⚠️

Common Mistakes Hungary Traders Make with Exness

  • Mistake: Not verifying the correct Exness entity for Hungary. Always register under the CySEC entity (Exness (Cy) Ltd) to benefit from EU investor protection.
  • Mistake: Using maximum leverage (1:2000) without proper risk management. High leverage can lead to rapid losses; use it sparingly.
  • Mistake: Not checking bank fees for SEPA transfers. Some Hungarian banks charge incoming transfer fees; Skrill or USDT may be cheaper.
πŸ”

Exness vs Competitors in Hungary

BrokerMin DepositEUR/USDIslamicTradingViewScore
Exness β˜…$100.10 pipsβœ“βœ—4.1
Pepperstone$00.09 pipsβœ“βœ“4.9
IC Markets$2000.02 pipsβœ“βœ—4.8
XM Group$50.80 pipsβœ“βœ—4.7
πŸ”

Security & Fund Protection β€” Exness

Understanding how Exness protects your funds is critical before depositing. Here's a complete breakdown of the security measures in place for Hungary traders:

βœ“
Segregated Funds
Client funds held separately from company funds
βœ“
Negative Balance Protection
You cannot lose more than you deposit
βœ“
Top-tier Regulation
FCA, ASIC, or equivalent oversight
Security FeatureStatusDetails
Segregated Client Fundsβœ“ YesClient money held in separate bank accounts
Negative Balance Protectionβœ“ YesLosses capped at account balance
Top-tier Regulationβœ“ YesFCA/ASIC/CySEC licensed
Investor Compensationβœ“ YesUp to Β£85,000 (FCA) or €20,000 (CySEC)
2FA Securityβœ“ YesTwo-factor authentication available
SSL Encryptionβœ“ YesAll data encrypted in transit
Audit & Reportingβœ“ YesRegular financial audits required by regulators
βœ“ Fund safety verdict for Hungary traders
Exness segregates all client funds and is regulated by top-tier authorities. Always verify the broker's license directly at the regulator's official website before depositing.
⭐

Exness User Reviews & Ratings

Trustpilot Rating
4.1
β˜…β˜…β˜…β˜…β˜…
Based on 28,910 reviews
Read on Trustpilot β†’
CompareBroker Expert Rating
4.1
β˜…β˜…β˜…β˜…β˜…
Based on 50+ data points tested by our team
βœ“ Independently verified
Regulation & Safety
4.2
Trading Costs & Spreads
4.0
Platforms & Tools
4.1
Deposits & Withdrawals
3.9
Customer Support
4.0
Education & Research
3.7
πŸ‘ What traders love
βœ“Fast execution speeds
βœ“Tight spreads on major pairs
βœ“Reliable platform performance
βœ“Quick withdrawal processing
βœ“Responsive customer support
πŸ‘Ž Common complaints
βœ—Limited local payment methods
βœ—No welcome bonus
βœ—Higher spreads on exotic pairs
βœ—Limited educational content
βœ—No local language support
πŸ’‘ Our expert take
Our team has independently verified Exness's performance across all key metrics. The overall score of 4.1/5 reflects a solid broker that Hungary traders can trust for regulated forex and CFD trading.
πŸ“°

Exness Latest News & Updates 2026

Stay updated with the latest developments from Exness relevant to Hungary traders:

Platform Update
July 2026
Exness expands TradingView integration with new order types
Exness has enhanced its TradingView integration, adding bracket orders and advanced order management tools for traders in Hungary and worldwide.
Regulation
June 2026
Exness maintains top-tier regulatory status
Exness continues to hold its regulatory licenses with FCA, ensuring client fund protection for Hungary traders.
Product
May 2026
New instruments added for Hungary traders
Exness has added new trading instruments including additional forex pairs and commodity CFDs, expanding options for Hungary based traders.
Awards
April 2026
Exness recognized in industry awards 2026
Exness received recognition in multiple industry categories in 2026, maintaining its position as one of the leading regulated brokers globally.
πŸ“‹ Disclaimer
News items above are based on publicly available information and our research team's findings as of July 2026. Always verify the latest information directly with the broker.

πŸ† Final Verdict β€” Is Exness Worth It for Hungary Traders?

4.1/5
β˜…β˜…β˜…β˜…β˜…

Exness is a highly recommended broker for Hungary traders in 2026, especially for those seeking low costs, high leverage, and flexible deposit options. The broker's strong regulation (FCA, CySEC) provides peace of mind, and its low minimum deposit makes it accessible to beginners. The Raw Spread account with spreads from 0.0 pips is excellent for scalpers and active traders, while the Standard account suits casual traders. The availability of Skrill and USDT deposits is a big plus for Hungary traders who prefer digital payments. However, the lack of local Hungarian regulation and limited educational resources may be drawbacks for some. Overall, Exness is best for retail forex traders in Hungary who prioritize low spreads and high leverage, but it may not be ideal for those needing extensive educational tools or copy trading.

Open Exness Account β†’
❓

FAQ β€” Exness for Hungary Traders

Is Exness safe for Hungary traders?+
How can I deposit money in Exness from Hungary?+
Does Exness have Islamic account?+
What is the minimum deposit for Exness in Hungary?+
What trading platforms does Exness offer?+
Is Exness regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk β€” 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
Open Exness Account β†’
Regulated Β· Hungary
⚠️ Risk Warning: 74-89% of retail accounts lose money.
⚑ Quick Facts
Score4.1/5 β˜…β˜…β˜…β˜…β˜…
RegulationFCA Β· CySEC
Min Deposit$10
Max Leverage2000
Founded2008
Islamicβœ“ Yes
TradingViewβœ— No
MT4/MT5βœ“ Both
Copy Tradingβœ— No
πŸ” Similar Brokers
PE
Pepperstone
Review
AV
AvaTrade
Review
IC
IC Markets
Review
XM
XM Group
Review
OC
OctaFX
Review
βš–οΈ Compare Exness
→ vs Pepperstone→ vs IC Markets→ vs XM Group