Which broker is better for Hungary traders in 2026? Expert analysis across 12 categories.
Hungary traders looking for a reliable forex broker often compare Exness and Oanda. Exness, with a score of 4.8/5, is a top choice for retail traders due to its low spreads, fast execution, and support for local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. Oanda, scoring 3.6/5, is a well-established broker known for its robust research tools and regulatory compliance. However, for Hungary traders, Exness offers more tailored features, including lower costs and easier deposits. This comparison will help you decide which broker fits your trading style in 2025.
| Instrument | Exness | Oanda | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Oanda |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Oanda |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Oanda |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Oanda |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $100 | $0 | Oanda |
For Hungary traders, trading costs are a critical factor. Exness offers extremely competitive spreads, starting from 0.1 pips on Standard accounts, with zero commission on most instruments. Oanda spreads start from 0.6 pips, which can add up for high-volume traders. If you trade frequently, Exness can save you significant money on spreads, especially on major pairs like EUR/USD. Overall, Exness is more cost-effective for Hungary retail traders.
| Account Type | Exness | Oanda |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $100 | $0 |
| Entity / Asset | Exness | Oanda |
|---|---|---|
| Hungary (offshore) | Up to 1:2000 | Up to 1:100 |
| Forex major pairs | 1:2000 | 1:100 |
| 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 | Exness | Oanda | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Exness |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Exness |
| Crypto CFDs | 30+ | ✗ | Exness |
| Stocks / Share CFDs | ✗ | ✗ | Oanda |
| ETFs | ✗ | ✗ | Tie |
| Platform | Exness | Oanda |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✓ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer MetaTrader 4 and 5, which are popular among Hungary traders. Exness also provides its own web platform and mobile app with advanced charting. Oanda offers the proprietary Oanda Trade platform and TradingView integration. For Hungary traders who want flexibility, Exness’s multi-platform support is a plus, while Oanda’s tools are more research-focused. Both are reliable, but Exness gives more platform choices.
| Factor | Exness | Oanda | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Oanda |
| Avg execution speed | ~30ms | ~40ms | Exness |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
Exness is known for its fast execution speeds, often below 20 milliseconds, with no requotes. Oanda offers reliable execution but can be slower during volatile markets. For Hungary traders who trade actively, Exness’s execution quality is superior, reducing slippage and improving trade outcomes.
| Safety Factor | Exness | Oanda |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Exness is regulated by multiple top-tier authorities, including the FCA, CySEC, and FSA. Oanda is regulated by the FCA, CFTC, and ASIC. For Hungary traders, both brokers are legal to use, but Exness’s broader international regulation provides additional security. The local financial regulator in Hungary does not directly oversee these brokers, but both comply with EU standards, ensuring client fund protection.
| Payment Method | Exness | Oanda |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✗ |
| Neteller | ✓ | ✗ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | crypto takes 30–60 minutes, and bank cards or wires take 1 to 5 business days | 1 to 5 business days |
Depositing and withdrawing funds is easier with Exness for Hungary traders. Exness supports Bank Transfer, Skrill, Neteller, and USDT TRC20, allowing instant deposits and fast withdrawals. Oanda mainly accepts Bank Transfer and credit/debit cards, with no support for e-wallets like Skrill or Neteller. For Hungary traders who prefer digital payments, Exness is more convenient. Both brokers process withdrawals efficiently, but Exness offers more local-friendly options.
| Islamic Account Feature | Exness | Oanda |
|---|---|---|
| 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 Exness and Oanda offer Islamic (swap-free) accounts for Hungary traders who require them. Exness provides Islamic accounts on request with no swap or interest charges on overnight positions. Oanda also offers swap-free accounts for eligible clients. This makes both brokers suitable for Muslim traders in Hungary. However, Exness’s process is simpler and more transparent.
| Support Feature | Exness | Oanda | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✓ | ✗ | Exness |
| Response time (chat) | <2 minutes | <3 minutes | Exness |
Exness offers 24/7 customer support in multiple languages, including English and Hungarian. Oanda provides support during business hours with live chat and email. For Hungary traders, Exness’s round-the-clock support is a major advantage, especially for those who trade at night or on weekends.
| Mobile Feature | Exness | Oanda | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Exness |
| Google Play rating | 4.3 stars | 4.2 stars | Exness |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✓ | Oanda |
| Resource | Exness | Oanda | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Exness |
Choose Exness if you...
Choose Oanda if you...
For Hungary traders in 2025, Exness is the clear winner. Its low spreads, support for local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, and strong regulatory oversight make it ideal for retail traders. Oanda is a solid alternative for those who prioritize research tools, but it lacks Hungary-specific features. If you want a cost-effective, fast, and convenient trading experience, choose Exness. The local financial regulator’s guidelines are easily met with either broker, but Exness offers better value.