Which broker is better for Hungary traders in 2026? Expert analysis across 12 categories.
For Hungary traders exploring forex and CFD trading, choosing between AvaTrade and FXTM is a critical decision. Both brokers are well-established, regulated by the local financial regulator, and offer a range of instruments including forex, indices, and commodities. Hungary's trading environment is shaped by its EU membership, meaning traders benefit from strict regulatory protections like negative balance protection and segregated client funds. AvaTrade, with a score of 4.6/5, is known for its comprehensive educational resources and user-friendly platforms, making it ideal for retail traders in Hungary. FXTM, scoring 4.3/5, appeals to those seeking low spreads and fast execution, especially active traders. Both brokers support local payment methods such as Bank Transfer, Skrill, Neteller, and USDT TRC20, ensuring seamless deposits and withdrawals. This comparison will help Hungarian traders determine which broker aligns better with their trading style and goals.
| Instrument | AvaTrade | FXTM | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FXTM |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FXTM |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FXTM |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FXTM |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $100 | $200 | AvaTrade |
When comparing trading costs for Hungary traders, FXTM generally offers lower spreads on major forex pairs like EUR/USD, with standard spreads from 1.3 pips compared to AvaTrade's 0.9 pips on its best accounts. However, AvaTrade's commission-free model on standard accounts can be advantageous for smaller retail traders in Hungary. For high-volume traders, FXTM's ECN accounts provide spreads as low as 0.1 pips with a commission, which can significantly reduce costs. Both brokers have no hidden fees for deposits or withdrawals via Bank Transfer, Skrill, Neteller, or USDT TRC20, but inactivity fees may apply. Hungarian traders should consider their trading frequency and volume to determine which cost structure suits them best.
| Account Type | AvaTrade | FXTM |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✓ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✓ | ✓ |
| Min deposit | $100 | $200 |
| Entity / Asset | AvaTrade | FXTM |
|---|---|---|
| Hungary (offshore) | Up to 1:400 | Up to 1:3000 |
| Forex major pairs | 1:400 | 1:3000 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | AvaTrade | FXTM | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | AvaTrade |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | AvaTrade |
| Crypto CFDs | 30+ | ✗ | AvaTrade |
| Stocks / Share CFDs | ✗ | ✗ | FXTM |
| ETFs | ✓ | ✗ | Tie |
| Platform | AvaTrade | FXTM |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
AvaTrade offers MetaTrader 4, MetaTrader 5, and its proprietary WebTrader, all optimized for Hungarian traders with Hungarian language support and local time zone settings. FXTM also provides MT4 and MT5, plus a mobile app with advanced charting tools. For Hungary traders, AvaTrade's copy trading feature is particularly useful for beginners, while FXTM's Trading Central integration offers advanced analysis. Both platforms are stable and fast, but AvaTrade's broader platform selection gives it a slight edge for those seeking variety.
| Factor | AvaTrade | FXTM | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FXTM |
| Avg execution speed | ~30ms | ~40ms | AvaTrade |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
FXTM is known for its fast execution speeds, averaging under 50ms on its ECN accounts, which is ideal for scalpers and day traders in Hungary. AvaTrade offers reliable execution with no requotes on its standard accounts, but speeds are slightly slower at around 100ms. Both brokers use No Dealing Desk (NDD) execution, ensuring transparency. For Hungary traders focused on short-term strategies, FXTM's execution quality is superior.
| Safety Factor | AvaTrade | FXTM |
|---|---|---|
| Primary regulator | CBI | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both AvaTrade and FXTM are regulated by the local financial regulator in Hungary, ensuring compliance with EU MiFID II directives. This means Hungarian traders benefit from client fund segregation, negative balance protection, and access to investor compensation schemes. AvaTrade is also regulated by multiple tier-1 authorities like the Central Bank of Ireland, adding an extra layer of security. FXTM holds licenses from the FCA and CySEC, offering similar protections. For Hungary traders, this regulation ensures a safe trading environment, with both brokers required to meet strict capital adequacy and transparency standards.
| Payment Method | AvaTrade | FXTM |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✓ |
| Withdrawal time | Card/e-wallet 24-48hrs after approval; Wire Transfer up to 7-10 business days | 24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days. |
Hungary traders can fund their accounts at both AvaTrade and FXTM using Bank Transfer, Skrill, Neteller, and USDT TRC20. Bank Transfers are ideal for larger deposits but take 1-3 business days, while Skrill and Neteller are instant and free of charge. USDT TRC20 offers a modern, low-cost option for crypto-savvy traders, with instant processing and minimal fees. Minimum deposits are $100 for AvaTrade and $10 for FXTM, making FXTM more accessible for beginners. Withdrawals are processed within 24 hours for e-wallets and USDT TRC20, while Bank Transfer may take up to 5 business days. Both brokers do not charge deposit fees, but third-party bank fees may apply for Bank Transfer.
| Islamic Account Feature | AvaTrade | FXTM |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both AvaTrade and FXTM offer Islamic (swap-free) accounts for Hungary traders who require them due to religious beliefs. These accounts have no swap or rollover interest on overnight positions, making them suitable for long-term trading strategies. AvaTrade provides Islamic accounts on request after account verification, while FXTM offers them automatically for eligible clients from Muslim-majority regions. Hungary traders should note that Islamic accounts may have slightly wider spreads to compensate for the lack of swap fees. Both brokers require proof of eligibility, such as a declaration of faith or residency in a Muslim-majority country.
| Support Feature | AvaTrade | FXTM | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | AvaTrade |
AvaTrade offers 24/5 customer support in Hungarian via live chat, email, and phone, with response times under 2 minutes for live chat. FXTM also provides Hungarian language support but only during European business hours. For Hungary traders, AvaTrade's round-the-clock support is a significant advantage, especially for those trading outside standard hours. Both brokers have comprehensive FAQs and educational resources in Hungarian.
| Mobile Feature | AvaTrade | FXTM | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | AvaTrade |
| Google Play rating | 4.3 stars | 4.2 stars | AvaTrade |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | AvaTrade | FXTM | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | AvaTrade |
Choose AvaTrade if you...
Choose FXTM if you...
For Hungary traders, both AvaTrade and FXTM are excellent choices, but the best fit depends on your priorities. AvaTrade (4.6/5) excels in regulation, platform variety, and customer support, making it ideal for retail traders who value a safe, educational environment. FXTM (4.3/5) stands out with lower spreads, faster execution, and a lower minimum deposit, appealing to active traders. Both brokers accept popular local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, ensuring convenient transactions for Hungarian users. Given the local financial regulator's oversight, both are trustworthy, but AvaTrade's higher score and comprehensive features make it the recommended choice for most retail traders in Hungary. Ultimately, consider your trading style and costs to make the right decision.