Which broker is better for Hungary traders in 2026? Expert analysis across 12 categories.
Hungary traders seeking a reliable forex broker in 2025 face a choice between two major international names: Exness and FBS. Exness, with a strong 4.8/5 rating, is known for its ultra-low spreads, high leverage (up to 1:2000), and lightning-fast execution, making it a favorite among active retail traders in Budapest and across the country. FBS, scoring 3.7/5, offers a simpler trading experience with competitive bonuses and a user-friendly platform, but its spreads are wider and deposit options fewer. For Hungary traders, local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20 are crucial, and both brokers support these. However, the local financial regulator does not directly oversee these brokers, so traders must rely on international licenses. This comparison dives into spreads, platforms, regulation, and payment options to help you decide which broker suits your trading style in Hungary.
| Instrument | Exness | FBS | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FBS |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FBS |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FBS |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FBS |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $10 | $1 | FBS |
| Inactivity fee | β | β | Tie |
For Hungary traders, trading costs are a primary concern. Exness offers spreads from 0.0 pips on its Raw Spread account with a small commission, while FBS starts from 0.2 pips on its ECN account. On a standard account, Exness spreads average 0.3 pips on EUR/USD, compared to FBS's 1.0 pips. For a Hungary trader executing 10 standard lots per month, the difference can amount to hundreds of dollars in savings with Exness. Additionally, Exness has no hidden fees on deposits via Bank Transfer or Skrill, while FBS may charge for certain withdrawal methods. Overall, Exness is more cost-effective for frequent traders.
| Account Type | Exness | FBS |
|---|---|---|
| Standard account | β | β |
| ECN / Raw spread | β | β |
| Islamic (swap-free) | β | β |
| Demo account | β | β |
| PAMM / MAM account | β | β |
| Zero spread account | β | β |
| Copy trading | β | β |
| VPS trading | β | β |
| Min deposit | $10 | $1 |
| Neg. balance protection | β | β |
| Entity / Asset | Exness | FBS |
|---|---|---|
| Hungary (offshore) | Up to 1:2000 | Up to 1:3000 |
| Forex major pairs | 1:2000 | 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 |
| Margin call level | 80% | 80% |
| Stop out level | 50% | 50% |
| Asset Class | Exness | FBS | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Exness |
| Gold (XAU/USD) | β | β | Tie |
| Oil (WTI/Brent) | β | β | Tie |
| Stock indices | 25+ indices | 20+ indices | Exness |
| Crypto CFDs | 30+ | 20+ | Exness |
| Stocks / Share CFDs | β | β | FBS |
| ETFs | β | β | Tie |
| Options | β | β | Tie |
| Futures | β | β | Tie |
| Platform | Exness | FBS |
|---|---|---|
| MetaTrader 4 (MT4) | β | β |
| MetaTrader 5 (MT5) | β | β |
| cTrader | β | β |
| TradingView | β | β |
| Expert Advisors (EAs) | β | β |
| Scalping allowed | β | β |
| Hedging allowed | β | β |
| Fixed spreads | β | β |
| Variable spreads | β | β |
Both brokers offer the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are popular among Hungary traders for their advanced charting and automated trading capabilities. Exness also provides a proprietary web platform and mobile app with one-click trading, ideal for traders on the go in Hungary. FBS offers MT4, MT5, and its own FBS Trader app, but the latter lacks some advanced features. For Hungary traders who value speed and customization, Exnessβs platforms are more robust, while FBSβs simplicity may appeal to beginners.
| Factor | Exness | FBS | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FBS |
| Avg execution speed | ~30ms | ~40ms | Exness |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Dealing desk | β | β | Tie |
| Scalping allowed | β | β | Tie |
| News trading | β | β | Tie |
| EA / Bot trading | β | β | Tie |
Execution quality is critical for Hungary traders, especially those trading volatile pairs. Exness offers ultra-fast execution with an average speed of 0.01 seconds and no requotes, thanks to its NDD (No Dealing Desk) model. FBS execution averages 0.1 seconds and may experience slippage during news events. For scalpers and day traders in Hungary, Exnessβs superior execution provides a competitive edge.
| Safety Factor | Exness | FBS |
|---|---|---|
| Primary regulator | FCA | IFSC |
| Reg number | #730729 | #IFSC/60/230/TS/19 |
| Verify registration | Verify β | Verify β |
| Top-tier regulated | β | β |
| Investor protection | β | β |
| Segregated funds | β | β |
| Neg. balance protection | β | β |
Regulation is a key consideration for Hungary traders. Exness is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) in the UK, offering a high level of investor protection. FBS is regulated by the International Financial Services Commission (IFSC) in Belize, which provides less stringent oversight. Neither broker is regulated by the local financial regulator in Hungary, meaning traders do not have access to local dispute resolution or compensation schemes. Exnessβs stronger regulatory framework offers greater security for Hungary traders, especially for larger deposits.
| Payment Method | Exness | FBS |
|---|---|---|
| Bank Wire Transfer | β | β |
| Visa / Mastercard | β | β |
| Skrill | β | β |
| Neteller | β | β |
| USDT / Crypto | β | β |
| Deposit fee | None | None |
| Withdrawal time | 24/7 automated; 98% instant to 24hrs; mobile money often instant; bank transfer 1-3 days | 15-20 minutes for most methods; up to 48 hours for bank transfer |
| Min withdrawal | $50 | $50 |
Depositing and withdrawing funds is seamless for Hungary traders at both brokers. Exness supports Bank Transfer, Skrill, Neteller, and USDT TRC20, with instant processing for e-wallets and crypto. Minimum deposit is $10 for most methods. FBS also accepts Bank Transfer, Skrill, Neteller, and USDT TRC20, but Bank Transfer can take 1-3 business days. Exness offers free withdrawals once per month, while FBS charges a small fee for certain methods. For Hungary traders using USDT TRC20, both brokers process crypto deposits instantly with no fees. Overall, Exness provides faster and more cost-effective banking options.
| Islamic Account Feature | Exness | FBS |
|---|---|---|
| Swap-free available | β | β |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | β | β |
| Gold swap-free | β | β |
| Crypto swap-free | β | β |
| How to apply | Contact support | Contact support |
For Hungary Muslim traders, both Exness and FBS offer Islamic (swap-free) accounts that comply with Sharia law. Exness provides Islamic accounts on all account types, including Standard and Raw Spread, with no swap fees on overnight positions. FBS offers Islamic accounts on Standard and Cent accounts only, with a condition that no swap is charged but positions held for more than a certain period may incur a fee. Exnessβs policy is more flexible and cost-effective for long-term traders in Hungary.
| Support Feature | Exness | FBS | Winner |
|---|---|---|---|
| Live chat | β | β | Tie |
| Phone support | β | β | Tie |
| Email support | β | β | Tie |
| 24/7 support | β | β | Exness |
| 24/5 support | β | β | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Exness |
Customer support is available 24/7 from both brokers, with live chat, email, and phone options. Exness offers support in Hungarian, which is a significant advantage for local traders. FBS provides support in English and several other languages, but not Hungarian. Response times are faster with Exness, typically under 30 seconds, while FBS can take a few minutes. For Hungary traders, Exnessβs localized support is a clear plus.
| Mobile Feature | Exness | FBS | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5β | 4.3β | Exness |
| Google Play rating | 4.3β | 4.2β | Exness |
| Biometric login | β | β | Tie |
| Push notifications | β | β | Tie |
| Full charting on mobile | β | β | Tie |
| Mobile deposit/withdrawal | β | β | Tie |
| TradingView mobile | β | β | Tie |
| Dark mode | β | β | Tie |
| Resource | Exness | FBS | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Exness |
| Webinars (live) | β | Monthly | Tie |
| Economic calendar | β | β | Tie |
| Market analysis | Daily | Basic | Exness |
| Beginner resources | Excellent | Basic | Exness |
Choose Exness if you...
Choose FBS if you...
For Hungary traders, Exness is the clear winner with a 4.8/5 rating, offering lower spreads, faster execution, stronger regulation, and better support for local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. FBS (3.7/5) may suit beginners or those seeking bonuses, but its wider spreads and lack of Hungarian support make it less competitive. Given that the local financial regulator does not oversee these brokers, Exnessβs international licenses provide more peace of mind. For most retail traders in Hungary, Exness is the recommended choice for 2025.