Which broker is better for Hungary traders in 2026? Expert analysis across 12 categories.
Hungary retail traders seeking a reliable forex broker face a choice between EasyMarkets and Alpari, two established names in the industry. EasyMarkets, with a comparebroker.io score of 3.4/5, stands out for its user-friendly platform, fixed spreads, and strong educational resources, making it a solid choice for beginners. Alpari, scoring 3.1/5, appeals to more experienced traders with its variable spreads, extensive currency pairs, and ECN account options. Both brokers support Hungary traders with local payment methods including Bank Transfer, Skrill, Neteller, and USDT TRC20, ensuring convenient deposits and withdrawals. However, neither is directly regulated by the local financial regulator, Magyar Nemzeti Bank, which is a key consideration for risk-averse traders. This comparison breaks down spreads, platforms, regulation, and account features to help you decide which broker aligns with your trading goals in Hungary.
| Instrument | EasyMarkets | Alpari | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Alpari |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Alpari |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Alpari |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Alpari |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $30 | EasyMarkets |
For Hungary traders, trading costs are a critical factor. EasyMarkets offers fixed spreads starting from 1.0 pips on major forex pairs like EUR/USD, which provides cost predictability regardless of market volatility. Alpari, on the other hand, uses variable spreads that can go as low as 0.5 pips on its ECN accounts but may widen during news events. For retail traders in Hungary who trade smaller volumes (e.g., 0.1-1 lot), EasyMarkets’ fixed spreads often result in lower overall costs, especially for longer-term positions. Alpari’s spreads become more competitive for high-volume traders using ECN accounts, but the variable nature can lead to surprises. Additionally, both brokers charge no commission on standard accounts, though Alpari’s ECN accounts have a per-lot fee.
| Account Type | EasyMarkets | Alpari |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✓ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✓ |
| Min deposit | $25 | $30 |
| Entity / Asset | EasyMarkets | Alpari |
|---|---|---|
| Hungary (offshore) | Up to 1:2000 | Up to 1:1000 |
| Forex major pairs | 1:2000 | 1:1000 |
| 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 | EasyMarkets | Alpari | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | EasyMarkets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | ✗ | EasyMarkets |
| Crypto CFDs | 30+ | 20+ | EasyMarkets |
| Stocks / Share CFDs | ✗ | ✗ | Alpari |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | Alpari |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✗ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✗ |
| Hedging allowed | ✓ | ✓ |
EasyMarkets provides its proprietary web-based platform and mobile app, which are intuitive and designed for retail traders in Hungary. The platform includes risk management tools like DealCancellation and Freeze Rate, which are unique to EasyMarkets and useful for beginners. Alpari offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the industry-standard platforms favored by experienced traders for their advanced charting, automated trading, and custom indicators. For Hungary traders who value simplicity and built-in risk controls, EasyMarkets’ platform is ideal. Those who need advanced technical analysis and algorithmic trading will prefer Alpari’s MT4/MT5 offerings.
| Factor | EasyMarkets | Alpari | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Alpari |
| Avg execution speed | ~30ms | ~40ms | EasyMarkets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✗ | Tie |
| EA / Bot trading | ✗ | ✓ | Tie |
EasyMarkets uses a market maker model with instant execution, ensuring no requotes for retail traders in Hungary. This is ideal for those who prioritize order reliability. Alpari offers both market execution and instant execution, with ECN accounts providing direct market access (DMA) for tighter spreads. Alpari’s execution speed is generally faster on ECN accounts, but slippage can occur during high volatility. For Hungary traders trading smaller lots, EasyMarkets’ consistent execution may be preferable, while Alpari suits those needing DMA for scalping or algorithmic strategies.
| Safety Factor | EasyMarkets | Alpari |
|---|---|---|
| Primary regulator | CySEC | FSC |
| Top-tier regulated | ✓ | ✗ |
| Investor protection | ✓ | ✗ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Neither EasyMarkets nor Alpari is regulated by the local financial regulator, Magyar Nemzeti Bank (MNB). EasyMarkets is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC), providing a solid level of investor protection. Alpari is regulated by the Financial Conduct Authority (FCA) in the UK and the Financial Services Authority (FSA) in Seychelles. For Hungary traders, the lack of local regulation means they must rely on the brokers’ international licenses. This is acceptable for many, but those seeking direct MNB oversight should consider this a risk. Both brokers offer negative balance protection and segregated client funds.
| Payment Method | EasyMarkets | Alpari |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✓ |
| Withdrawal time | Cards 1-2 business days; e-wallets instant-1 business day; bank wire 3-10 business days; overall back-office processing within 1 business day (24h) | Cryptocurrency / E-Wallets: Instant to 2 hours (after internal processing).Credit / Debit Cards: 2 to 10 business days.Bank Wire Transfers: 3 to 5 business days. |
Hungary traders can fund their EasyMarkets and Alpari accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20, all of which are widely accessible. EasyMarkets also accepts credit/debit cards and PayPal, while Alpari adds WebMoney and Perfect Money. Deposits via Skrill, Neteller, and USDT TRC20 are processed instantly, while bank transfers take 1-3 business days. Withdrawals are typically processed within 24 hours for e-wallets and 2-5 business days for bank transfers. EasyMarkets charges no deposit or withdrawal fees, whereas Alpari may apply a small fee for certain withdrawal methods. For Hungary traders using USDT TRC20, both brokers offer low-cost, fast transactions, making this a popular choice for crypto-savvy users.
| Islamic Account Feature | EasyMarkets | Alpari |
|---|---|---|
| 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 EasyMarkets and Alpari offer Islamic (swap-free) accounts for Hungary Muslim traders who require Sharia-compliant trading. EasyMarkets provides swap-free accounts on request, with no interest charges on overnight positions, and they are available for all account types. Alpari also offers swap-free accounts on its Standard and ECN accounts, but traders must contact support to activate them. Neither broker charges additional fees for Islamic accounts, but EasyMarkets’ fixed spreads may be more predictable for long-term positions. Hungary traders should confirm that swap-free conditions remain valid for their preferred trading instruments, as some brokers limit this to forex pairs only.
| Support Feature | EasyMarkets | Alpari | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
EasyMarkets offers 24/5 customer support via live chat, email, and phone, with English as the primary language. Hungarian-language support is not explicitly offered, but live chat responses are fast. Alpari also provides 24/5 support through live chat, email, and phone, with multilingual options including English, Russian, and Arabic. For Hungary traders, EasyMarkets’ quicker response times and user-friendly interface may be more beneficial, while Alpari’s broader language support could be helpful for non-English speakers.
| Mobile Feature | EasyMarkets | Alpari | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | EasyMarkets |
| Google Play rating | 4.3 stars | 4.2 stars | EasyMarkets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | EasyMarkets | Alpari | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose Alpari if you...
For Hungary retail traders, EasyMarkets is the better overall choice due to its higher comparebroker.io score (3.4 vs 3.1), user-friendly platform, and fixed spreads that simplify cost management. It also offers unique risk management tools and supports all local payment methods including Bank Transfer, Skrill, Neteller, and USDT TRC20. Alpari is a strong alternative for experienced traders who need advanced platforms and variable spreads. However, both brokers lack direct regulation by the Magyar Nemzeti Bank, so Hungary traders should weigh this against the convenience of international licenses. For most retail traders in Hungary, EasyMarkets provides a safer, more accessible trading experience.