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

FP Markets Review 2026: A Complete Guide for Hungary Traders

FP Markets is a solid choice for Hungary traders seeking tight spreads and multiple platforms, but the lack of direct local regulation is a notable concern. While the broker offers competitive trading conditions and supports popular local payment methods like Skrill and USDT, Hungarian clients must rely on offshore licensing. Overall, it's best for experienced traders who prioritize low costs over regulatory comfort.
Regulated: 1
Min Deposit: $100
Score: 2.9/5
Islamic: Yes
2.9/5
★★★★★
Overall Score
Regulation
5.0
Spreads
3.0
Platforms
5.0
Deposits
4.5
Support
4.5

PROS for Hungary Traders

  • Tight spreads from 0.0 pips on ECN account, ideal for cost-sensitive Hungary traders
  • Supports local payment methods like Skrill and USDT for instant deposits
  • Multiple platform choice (MT4, MT5, cTrader) suitable for different trading styles
  • Genuine Islamic account with no hidden fees for Hungary Muslim traders

CONS for Hungary Traders

  • Not directly regulated by Hungarian National Bank (MNB), so no local investor protection
  • No Hungarian-language support or educational materials
  • Phone support hours not aligned with CET time zone
  • Minimum deposit of $100 may be high for absolute beginners in Hungary
📅
2026
Founded
📍
4.3
HQ
💵
$100
Min Deposit
📊
2.9/5
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
📋

FP Markets Overview for Hungary

FP Markets is a well-established forex and CFD broker founded in 2005, headquartered in Sydney, Australia. Over the years, it has grown into a global brand serving retail and institutional traders in over 100 countries, including Hungary. For Hungarian traders, FP Markets stands out for its competitive spreads, multiple platform choices (MT4, MT5, cTrader), and support for local payment methods like Skrill and USDT. While the broker does not have a physical office in Hungary, its services are fully accessible online, and customer support is available in English. The broker’s long track record and multiple regulatory licenses provide a degree of trust, though Hungarian traders should be aware that they are not covered by the local investor compensation scheme. FP Markets is particularly relevant for Hungary’s growing retail forex community, which values low trading costs and fast execution. The broker offers over 60 currency pairs, plus indices, commodities, and crypto CFDs, making it a versatile choice for both beginners and experienced traders in Hungary.

DetailInformation
Founded2026
Headquarters4.3
Regulated by1
Min Deposit$100
Max Leverage500
PlatformsMT4, MT5, cTrader, TradingView
Islamic AccountAvailable
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is FP Markets 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 FP Markets'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/USD0.10 pips$3.00$3.101.10 pips
XAU/USD0.15 pips$3.00$3.150.28 pips
S&P5000.40$3.00$3.400.60
BTC/USD$35$3.00$38$50
💼

Account Types for Hungary Traders

Standard Account
No Commission
Min Deposit$100
EUR/USD Spreadfrom 1.10 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$100
EUR/USD Spreadfrom 0.10 pips
Commission$3.00
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountYes
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
Available
iOS · Android · Web
📺
TradingView
Best charts
Available
Web · iOS · Android
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

FP Markets offers a genuine Islamic (swap-free) account for Hungary Muslim traders who wish to trade in accordance with Sharia law. The account is available on both Standard and Raw ECN variants. There are no swap charges on overnight positions, and no hidden administrative fees. The account is truly swap-free, not just a delayed swap mechanism. To apply, simply register a live account and contact FP Markets customer support to request the conversion. You will need to provide a declaration of your Muslim faith. The account is available indefinitely. This is a positive for Hungary's growing Muslim community, as many brokers charge higher spreads on Islamic accounts. FP Markets maintains the same tight spreads and low commissions on Islamic accounts, making it a fair option for swap-free traders.

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 available0.10 pips
Gold (XAU/USD)Spot GoldAvailable0.15 pips
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40
Crypto CFDsBTC, ETH, XRP, SOLAvailable$35
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 FP Markets

  • Mistake: Not verifying FP Markets license on CySEC or ASIC website before depositing. Always check the official regulator database.
  • Mistake: Using bank transfer for small deposits (under $500) — Skrill or USDT are faster and cheaper for Hungary traders.
  • Mistake: Ignoring the swap fees on Standard account if you hold positions overnight — switch to Islamic account if needed.
🔍

FP Markets vs Competitors in Hungary

BrokerMin DepositEUR/USDIslamicTradingViewScore
FP Markets (current)$1000.10 pipsYesYes2.9
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — FP Markets

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
FP Markets segregates all client funds and is regulated by top-tier authorities.

FP Markets User Reviews & Ratings

Trustpilot Rating

2.9
★★★★★
Based on 10,100 reviews
Read on Trustpilot

CompareBroker Expert Rating

2.9
★★★★★
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
📰

FP Markets Latest News & Updates 2026

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

Final Verdict — Is FP Markets Worth It for Hungary Traders?

2.9/5
★★★★★

FP Markets is a strong option for Hungary traders who prioritize low trading costs, fast execution, and platform flexibility. The broker’s tight spreads, multiple account types, and support for Skrill and USDT make it appealing for both beginners and experienced traders. However, the lack of direct MNB regulation means Hungarian traders miss out on local investor compensation, which may be a dealbreaker for risk-averse individuals. The broker’s long history and reputable licenses (ASIC, CySEC) provide a reasonable level of trust. If you are an active trader or scalper looking for competitive conditions, FP Markets is worth considering. For those who want full local regulatory protection, a broker licensed by the Hungarian National Bank would be a better fit. Overall, FP Markets is recommended for experienced Hungary traders who understand offshore regulation.

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FAQ — FP Markets for Hungary Traders

Is FP Markets safe for Hungary traders?+
How can I deposit money in FP Markets from Hungary?+
Does FP Markets have Islamic account?+
What is the minimum deposit for FP Markets in Hungary?+
What trading platforms does FP Markets offer?+
Is FP Markets 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.
Open FP Markets Account
Regulated · Hungary
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score2.9/5
Regulation1
Min Deposit$100
Max Leverage500
Founded2026
IslamicYes
TradingViewYes
MT4/MT5Both
Copy TradingNo
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