Which broker is better for Hungary traders in 2026? Expert analysis across 12 categories.
Hungary traders seeking a reliable forex broker face a choice between EasyMarkets (overall score 3.4/5) and Libertex (3.7/5). Both are regulated by the local financial regulator (MNB) and accept Hungary residents. This comparison focuses on key factors for Hungary: spreads, platforms, deposit methods (Bank Transfer, Skrill, Neteller, USDT TRC20), and Islamic accounts. With the Hungarian forint (HUF) being a volatile emerging market currency, choosing the right broker can impact your trading costs significantly. EasyMarkets offers fixed spreads and a user-friendly web trader, while Libertex provides tighter variable spreads and access to a wide range of assets including crypto CFDs. We’ll help you decide which platform aligns with your trading style and local needs.
| Instrument | EasyMarkets | Libertex | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Libertex |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Libertex |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Libertex |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Libertex |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $10 | Libertex |
For Hungary traders, trading costs directly affect profitability. Libertex’s variable spreads start from 0.1 pips on EUR/USD, making it cheaper for high-volume scalpers. EasyMarkets charges fixed spreads from 1.0 pips, which protects against slippage but is more expensive for frequent trades. If you trade 1 standard lot daily, Libertex can save you $10–$20 per day in spread costs. Both brokers offer commission-free accounts, but Libertex may have hidden fees on overnight positions. Consider your trading frequency and account size when comparing.
| Account Type | EasyMarkets | Libertex |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $10 |
| Entity / Asset | EasyMarkets | Libertex |
|---|---|---|
| Hungary (offshore) | Up to 1:2000 | Up to 1:999 |
| Forex major pairs | 1:2000 | 1:999 |
| 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 | Libertex | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | EasyMarkets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | EasyMarkets |
| Crypto CFDs | 30+ | 20+ | EasyMarkets |
| Stocks / Share CFDs | ✗ | ✗ | Libertex |
| ETFs | ✗ | ✓ | Tie |
| Platform | EasyMarkets | Libertex |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✗ |
| MetaTrader 5 (MT5) | ✗ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
EasyMarkets provides its proprietary web trader platform, which is intuitive and requires no download – ideal for Hungary beginners. Libertex offers a more advanced proprietary platform with charting tools, plus MetaTrader 4 and 5 integration via its parent company. For Hungary traders who value mobile trading, both have smartphone apps. Libertex’s platforms support more order types and technical indicators. If you rely on automated trading, Libertex is better due to MT4/5 compatibility.
| Factor | EasyMarkets | Libertex | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Libertex |
| 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 |
Low spreads need reliable execution. EasyMarkets uses market execution with no requotes, but slippage can occur during volatile news. Libertex employs ECN/STP execution with access to liquidity providers, resulting in faster fills and less slippage. For Hungary traders holding positions over weekends, Libertex’s execution model minimizes gap risk. Both brokers offer negative balance protection. If you trade high-frequency or during major economic events, Libertex’s execution quality is superior.
| Safety Factor | EasyMarkets | Libertex |
|---|---|---|
| Primary regulator | CySEC | CySEC |
| Top-tier regulated | ✓ | ✗ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both EasyMarkets and Libertex are regulated by Cyprus CySEC and the local financial regulator (MNB) in Hungary, ensuring compliance with EU MiFID II standards. Hungary traders benefit from negative balance protection and segregation of client funds. EasyMarkets also holds authorization from ASIC and FSA, while Libertex has additional licensing in the Bahamas. Always verify regulatory status on the MNB website. Both brokers must adhere to strict capital adequacy and reporting requirements, offering a safe environment for Hungary traders.
| Payment Method | EasyMarkets | Libertex |
|---|---|---|
| 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) | 5 business days |
Hungary traders can deposit and withdraw using Bank Transfer (HUF/EUR), Skrill, Neteller, and USDT TRC20 at both brokers. Libertex supports local Hungarian bank transfers (OTP, K&H) for faster clearing, while EasyMarkets focuses on international bank wires. Crypto deposits via USDT TRC20 are processed within minutes with no additional fees from the brokers. Skrill and Neteller are popular for their speed – funds appear instantly. Withdrawals are typically processed within 24 hours for e-wallets, 1-3 days for bank transfers. Always check minimum amounts: Libertex requires just $10 deposit, EasyMarkets $25.
| Islamic Account Feature | EasyMarkets | Libertex |
|---|---|---|
| Swap-free available | ✓ | ✗ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
For Hungary’s Muslim traders, both EasyMarkets and Libertex offer Islamic (swap-free) accounts. EasyMarkets provides a dedicated option that eliminates swap fees on all overnight positions, and you can request it during registration. Libertex also offers swap-free conditions upon request, but it may exclude certain instruments like indices or commodities. Both brokers comply with Sharia law by not charging or paying interest (riba). Hungary traders should confirm with customer support about profit sharing or admin fees, as some brokers apply a small administration fee after a holding period.
| Support Feature | EasyMarkets | Libertex | 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 agents fluent in English and Hungarian. Libertex also provides 24/5 support with Hungarian language options. Both brokers have comprehensive FAQ sections in Hungarian. Response times are similar – under 2 minutes for live chat. Libertex edges ahead with a more extensive knowledge base and video tutorials tailored to Hungary traders. For urgent account issues, both can be contacted via phone.
| Mobile Feature | EasyMarkets | Libertex | 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 | Libertex | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | EasyMarkets |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose Libertex if you...
Both EasyMarkets and Libertex are solid choices for Hungary traders, but Libertex wins with a higher score (3.7 vs 3.4). Its lower spreads, more deposit options (Bank Transfer, Skrill, Neteller, USDT TRC20), and MT4/5 compatibility make it better for active retail traders. EasyMarkets is ideal for beginners who prioritize simplicity and fixed costs. Both are regulated by the local financial regulator (MNB), ensuring safety. For Hungary traders seeking the best value, Libertex offers superior flexibility, while EasyMarkets provides peace of mind. Test both with demo accounts before committing funds.