EasyMarkets vs IC Markets: Hungary Trader Guide 2026

For Hungary traders, trading costs are a key factor, especially when trading EUR/USD or USD/HUF. IC Markets' RAW account offers spreads from 0.0 pips with a $3.5 commission per lot round-turn, making it highly competitive for active traders. EasyMarkets uses fixed spreads, typically 1.0 pips on EUR/USD with no commission, which costs roughly $10 per lot. On a standard lot, IC Markets can save Hungary traders $7-10 per trade depending on volatility. For those trading 5-10 lots per month, IC Markets reduces annual costs by hundreds of dollars. EasyMarkets' fixed spreads offer peace of mind during news events, but the higher cost per trade makes it less suitable for high-volume strategies.

EasyMarkets provides its own proprietary web-based platform alongside MetaTrader 4 and MetaTrader 5. The proprietary platform is designed for simplicity, with features like deal cancellation and guaranteed stop-loss, ideal for novice Hungary traders. IC Markets offers MT4, MT5, and cTrader – the latter being a favorite for scalpers and algorithmic traders due to its advanced charting and one-click trading. All platforms are available in English and work well on desktop and mobile. Hungary traders who prioritize raw speed and customization will prefer IC Markets' cTrader, while those wanting a straightforward, fuss-free experience may lean toward EasyMarkets.

Execution quality is critical for Hungary traders, especially those using scalping or high-frequency strategies. IC Markets uses No Dealing Desk (NDD) execution with servers located in the NY4 data center, delivering average execution speeds under 40 milliseconds. EasyMarkets also offers NDD execution but with speeds around 100ms – fine for most traders but not optimal for raw speed. IC Markets also offers a Virtual Private Server (VPS) for algorithmic traders, which is a distinct advantage. For fast, reliable order execution, IC Markets clearly outperforms EasyMarkets.

EasyMarkets is regulated by the Cyprus Securities and Exchange Commission (CySEC) under EU law, providing up to €20,000 investor compensation via ICF. It also holds an Australian ASIC license. IC Markets is regulated by ASIC in Australia, CySEC in Cyprus, and the FSA in Seychelles. For Hungary traders, the CySEC license offers the strongest EU protection, including negative balance protection and client fund segregation. However, IC Markets' ASIC license is also reputable, though it does not offer the same compensation scheme. The Hungarian National Bank (MNB) does not regulate these brokers, so traders must rely on the issuer's jurisdiction. Both brokers are well-established, but IC Markets' multiple licenses and longer track record provide additional confidence.

Hungary traders can fund their accounts at both EasyMarkets and IC Markets using Bank Transfer, Skrill, Neteller, and USDT TRC20. EasyMarkets has a low minimum deposit of $25 (or equivalent in HUF) and processes e-wallet deposits instantly. Bank transfers take 1-3 business days. USDT TRC20 is supported with no deposit fees and is credited within minutes, making it ideal for fast, low-cost funding. IC Markets requires a $200 minimum for bank transfers, but e-wallets have no minimum, and USDT TRC20 is also free and instant. Withdrawals at EasyMarkets are free but may take 1-3 days; IC Markets processes withdrawals within 24 hours for most methods, with no internal fees. For Hungary traders, using USDT TRC20 is the most efficient way to move funds in and out of both brokers, especially when converting from HUF to USD via local crypto exchanges.

Both EasyMarkets and IC Markets accommodate Muslim traders in Hungary by offering swap-free Islamic accounts that comply with Sharia law. EasyMarkets provides Islamic accounts on request without any extra charges, covering all account types. IC Markets also offers swap-free accounts on its Standard and RAW accounts, available after contacting support. No hidden fees are applied, though IC Markets may deduct a small admin fee on long-term positions. Hungary traders who require Islamic accounts will find both brokers accommodating, with EasyMarkets offering a slightly simpler application process. It is advisable to confirm terms directly with each broker before opening an account.

EasyMarkets provides customer support via 24/5 live chat, email, and phone, with English-speaking agents available during European trading hours. IC Markets offers 24/7 live chat, email, and phone support, including dedicated account managers for VIP clients. For Hungary traders, IC Markets' round-the-clock availability can be advantageous, especially when trading across different time zones. Both brokers respond quickly, but IC Markets has a larger support team and more multilingual options. English support is sufficient for most Hungarian traders, as English proficiency is high.