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

FBS Review 2026: A Detailed Look for Hungary Traders

FBS is a globally accessible broker with ultra-low barriers to entry, making it appealing for Hungarian beginners. However, its high leverage and offshore regulation require caution. While it offers local payment options like Skrill and USDT, the lack of direct MNB oversight means traders should verify their license and consider smaller deposits.
Regulated: CySEC
Min Deposit: $5
Score: 3.7/5
Islamic: Yes
3.7/5
★★★★★
Overall Score
Regulation
4.5
Spreads
3.8
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for Hungary Traders

  • Ultra-low minimum deposit of $1, perfect for Hungarian beginners
  • Accepts Skrill and USDT, popular in Hungary for instant deposits
  • High leverage up to 3000:1, suitable for small accounts
  • Islamic account available for Hungarian Muslim traders
  • MT4/MT5 platforms, the industry standard used in Hungary

CONS for Hungary Traders

  • Not regulated by Hungary’s MNB, so limited local investor protection
  • No cTrader or TradingView platforms
  • No copy trading or social trading features
  • Educational content limited to English mostly
  • High leverage can lead to significant losses for inexperienced traders
📅
2009
Founded
📍
Belize
HQ
💵
$5
Min Deposit
📊
3.7/5
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
📋

FBS Overview for Hungary

Founded in 2009 and headquartered in Belize, FBS has grown into one of the most recognizable retail forex brokers globally, serving over 27 million clients. For Hungary traders, FBS offers an appealing combination of ultra-low minimum deposits ($1), high leverage (up to 3000:1), and popular local payment methods like Skrill and USDT (Tether). The broker also supports Hungarian forint (HUF) accounts and provides SEPA bank transfers, making it convenient for local users. FBS is particularly popular among Hungarian beginners and those with smaller capital due to its low entry barrier. However, it is important to note that while FBS holds multiple international licenses (CySEC, IFSC, FSCA), it is not directly regulated by Hungary’s Magyar Nemzeti Bank (MNB). This means traders must exercise caution and verify the entity they are dealing with. The broker offers both MetaTrader 4 and MetaTrader 5 platforms, which are widely used in Hungary. FBS also provides an Islamic account for Muslim traders, which is a genuine swap-free option. Overall, FBS is a solid choice for Hungarian traders seeking low-cost entry, but they should be aware of the regulatory nuances.

DetailInformation
Founded2009
HeadquartersBelize
Regulated byCySEC,IFSC,FSCA
Min Deposit$5
Max Leverage3000
PlatformsMT4, MT5
Islamic AccountAvailable
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is FBS Safe for Hungary?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
~
Live Chat Support
Yes
Safety verdict for Hungary traders
Always verify FBS'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/USD0.80 pips$00.80 pips0.80 pips
XAU/USD0.40 pips$00.40 pips0.40 pips
💼

Account Types for Hungary Traders

Standard Account
No Commission
Min Deposit$5
EUR/USD Spreadfrom 0.80 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$5
EUR/USD Spreadfrom 0.80 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountNo
Islamic (Swap-free)Yes
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Available
iOS · Android · PC
📈
MetaTrader 5
MT5
Available
iOS · Android · PC
🔷
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

FBS offers a genuine swap-free Islamic account for Muslim traders in Hungary. This account is available on Standard and Cent accounts and is free from interest (riba) on overnight positions. To apply, simply contact FBS support via live chat after registration and request the swap-free option. There are no hidden fees for most instruments, but some exotic pairs or commodities may have an administrative fee. The Islamic account is compliant with Sharia law and allows Hungarian Muslim traders to trade without violating their religious principles. It is important to note that the swap-free feature is automatically applied and does not require a separate deposit.

FeatureDetails
Islamic Account AvailableYes
Swap FeesNo swap fees
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
📊

Instruments & Markets in Hungary

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll available0.80 pips
Gold (XAU/USD)Spot GoldAvailable0.40 pips
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 FBS

  • Mistake: Choosing the Belize entity over the CySEC one for protection – always verify which entity you are using. Hungary traders should prefer CySEC for EU compensation.
  • Mistake: Using maximum leverage (3000:1) without understanding the risks – this can wipe out your account quickly. Start with lower leverage (1:100 or 1:200).
  • Mistake: Not checking swap fees on non-Islamic accounts – overnight fees can eat into profits. Use the Islamic account if you hold positions long-term.
🔍

FBS vs Competitors in Hungary

BrokerMin DepositEUR/USDIslamicTradingViewScore
FBS (current)$50.80 pipsYesNo3.7
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — FBS

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
~

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Hungary traders
FBS segregates all client funds and holds regulatory licenses.

FBS User Reviews & Ratings

Trustpilot Rating

3.7
★★★★★
Based on 9,222 reviews
Read on Trustpilot

CompareBroker Expert Rating

3.7
★★★★★
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
📰

FBS Latest News & Updates 2026

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

Final Verdict — Is FBS Worth It for Hungary Traders?

3.7/5
★★★★★

FBS is a solid choice for Hungary traders who are just starting out or have a small trading capital. Its low minimum deposit, support for Skrill and USDT, and high leverage make it very accessible. The availability of an Islamic account is a plus for Muslim users. However, the lack of direct MNB regulation and the high leverage (which can amplify losses) mean that traders should approach with caution. FBS is best for Hungarian beginners who want to test the waters with minimal risk, or for experienced traders who understand the risks of offshore regulation. If you prioritize EU-level protection, consider the CySEC entity. Overall, FBS earns a 3.7/5 rating for Hungary traders.

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FAQ — FBS for Hungary Traders

Is FBS safe for Hungary traders?+
How can I deposit money in FBS from Hungary?+
Does FBS have Islamic account?+
What is the minimum deposit for FBS in Hungary?+
What trading platforms does FBS offer?+
Is FBS 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
Score3.7/5
RegulationCySEC · IFSC
Min Deposit$5
Max Leverage3000
Founded2009
IslamicYes
TradingViewNo
MT4/MT5Both
Copy TradingNo
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