EasyMarkets vs FXTM Comparison for Hungary Traders (2026)

For Hungary traders, trading costs are a major consideration. FXTM offers lower spreads on its Raw Spread account, starting from 0.0 pips with a $3.50 commission per lot, making it ideal for scalpers and active traders. Standard accounts have spreads from 1.3 pips with no commission. EasyMarkets uses fixed spreads, typically from 1.2 pips for EUR/USD, which are higher but predictable, helping Hungary traders budget costs. EasyMarkets also charges a $10 inactivity fee after 90 days, while FXTM charges after 180 days. Considering typical trading volumes of 2-5 lots per day, FXTM can save Hungary traders 20-30% on spreads, though EasyMarkets’ fixed model suits those who avoid surprises.

Both brokers offer platforms accessible to Hungary traders. EasyMarkets provides its proprietary web-based platform and mobile app, tailored for simplicity with features like deal cancellation and guaranteed stop-loss. It lacks MetaTrader (MT4/MT5) but compensates with an easy interface. FXTM offers MT4 and MT5, the industry standard, plus a web trader and mobile apps. For Hungary traders who use automated trading or Expert Advisors (EAs), FXTM is essential. However, beginners may prefer EasyMarkets’ clean design. Both platforms support Hungarian language in their web versions, though FXTM’s MT4 has more advanced charting tools that experienced traders value.

Execution quality matters for Hungary traders. FXTM uses STP/ECN execution with low latency and no re-quotes, ideal for scalping. EasyMarkets uses market execution with fixed spreads, offering guaranteed stop-loss and no slippage, but at the cost of higher spreads. Both have average execution speeds under 100ms. FXTM allows hedging and scalping freely, while EasyMarkets permits hedging but restricts some scalping strategies. For day traders in Hungary who prioritize speed, FXTM is better; for risk-averse traders, EasyMarkets’ guaranteed stops provide peace of mind.

Regulation is critical for Hungary traders. Neither EasyMarkets nor FXTM is regulated by the local financial regulator (MNB), but both operate under CySEC (Cyprus) licenses, allowing them to serve EU clients including Hungary. FXTM also has FCA (UK) and FSCA (South Africa) licenses, adding extra oversight. For Hungary traders, this means investor protection via the Investor Compensation Fund (up to €20,000) under CySEC. EasyMarkets is also publicly listed on the Australian Securities Exchange, adding transparency. While not MNB-regulated, these brokers comply with EU financial directives, which is sufficient for retail traders in Hungary. Always verify license numbers on the regulator’s website.

Depositing and withdrawing funds is straightforward for Hungary traders with both brokers. EasyMarkets and FXTM accept Bank Transfer (SEPA), Skrill, Neteller, and USDT TRC20 – all popular among Hungarian traders. SEPA transfers are free and take 1-3 days, while e-wallets and USDT are instant. EasyMarkets has a minimum deposit of $100, while FXTM is as low as $10. Withdrawals are processed within 24 hours for e-wallets and crypto, and 1-3 days for bank transfers. FXTM offers free withdrawals once per month, then a small fee; EasyMarkets charges a $0 fee for first withdrawal each month, then $25. For Hungary traders who use crypto (USDT TRC20), both brokers support it, providing fast and low-cost transfers. Always check for any intermediary bank fees with bank transfers.

For Hungary’s Muslim traders, both brokers offer swap-free Islamic accounts. EasyMarkets provides Islamic accounts automatically on standard fixed spread accounts, meaning no swap is charged on overnight positions. FXTM requires a request after account opening, available on all account types except ECN. FXTM’s Islamic accounts also have no commissions on Standard accounts but may have slightly tighter conditions. Both comply with Sharia law, but note that EasyMarkets’ fixed spreads might be higher, offsetting swap benefits. Hungary traders should check with customer support to confirm availability and any restrictions on trading duration.

Customer support is available in English and other languages for Hungary traders. EasyMarkets offers 24/5 live chat, email, and phone support, with response times under 30 minutes. FXTM provides 24/5 support via live chat, email, and phone, plus a Hungarian-language FAQ section. FXTM’s support team is more responsive, averaging 5-10 minutes for live chat. Both brokers have extensive help centers, but EasyMarkets’ simpler platform means fewer support queries. For Hungarian-specific tax or regulatory questions, neither broker offers dedicated local language phone support beyond English.