HomeCompareFBS vs FXCMHungary
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Complete Head-to-Head Comparison · 2026

FBS vs FXCM Comparison for Hungary Traders (2026)

Which broker is better for Hungary traders in 2026? Expert analysis across 12 categories.

FBS logo
FBS
CySEC · IFSC · FSCA · Founded 2009
Open Account
VS
FXCM logo
FXCM
FCA · ASIC · FSCA · Founded 1999
Open Account
Winner: FBS
Categories: 12 compared
For: Hungary traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — Hungary Traders

Best Overall
FBS
Higher overall score & more features
Best Spreads
FXCM
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Hungary Muslims
Best for Beginners
FBS
Better education & support
$5 vs $50
Min deposit
1:3000 vs 1:400
Max leverage
CySEC vs FCA
Top regulator
3.7 vs 3.5
Our scores
Table of Contents

For Hungary traders exploring forex brokers in 2025, choosing between FBS and FXCM involves weighing cost, regulation, and local convenience. FBS, with a score of 3.7/5, appeals to retail traders seeking low spreads and flexible deposits, including USDT TRC20 and local options like Bank Transfer and Skrill. FXCM, scoring 3.5/5, is a well-established broker with strong regulatory oversight from authorities like the FCA and CySEC, offering a robust trading environment. Both brokers accept Hungarian traders and support the USD as base currency. However, neither is directly regulated by the local financial regulator (MNB), so traders should exercise due diligence. This comparison highlights key differences in trading costs, platforms, and payment methods to help you decide which broker aligns with your trading style in Hungary.

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Overall Scores Comparison

FBS
FBS
CySEC · IFSC · FSCA
3.7
CompareBroker score
Winner
VS
FXCM
FXCM
FCA · ASIC · FSCA
3.5
CompareBroker score
Trading Costs
Spreads, commissions
3.8
WIN
3.6
Platforms
MT4, MT5, cTrader, TV
3.4
WIN
3.2
Regulation
Safety, oversight
3.2
3.8
WIN
Deposits
Local payments
3.8
WIN
3.6
Customer Support
24/5, chat, phone
3.5
WIN
3.3
Education
Webinars, guides
3.8
WIN
3.2
Execution
Speed, slippage
3.8
WIN
3.6
Mobile App
iOS, Android
3.7
WIN
3.5
💹

Trading Costs - Spreads & Commissions

InstrumentFBSFXCMWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotFXCM
XAU/USD (Gold)$0.14 typical$0.12 typicalFXCM
GBP/USD avg spread0.29 pips0.23 pipsFXCM
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsFXCM
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$5$50FBS

When comparing trading costs for Hungary traders, FBS generally offers lower spreads, starting from 0.1 pips on its Zero Spread account, while FXCM's spreads begin at 1.2 pips on standard accounts. For high-volume traders, FBS can significantly reduce transaction costs. However, FXCM provides transparent pricing with no requotes and a commission-based model on its Active Trader account. Both brokers charge swap fees on overnight positions, but FBS offers more competitive rates for major pairs. Hungary traders trading 10+ lots per month will benefit more from FBS's cost structure, while those prioritizing execution stability may prefer FXCM.

📂

Account Types Comparison

Account TypeFBSFXCM
Standard account
ECN / Raw spread
Islamic (swap-free)
Demo account
PAMM / MAM account
Zero spread account
Copy trading
Min deposit$5$50
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Leverage Comparison - Hungary Traders

Entity / AssetFBSFXCM
Hungary (offshore)Up to 1:3000Up to 1:400
Forex major pairs1:30001:400
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Hungary Traders
Traders in Hungary typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassFBSFXCMWinner
Forex pairs90+65+FBS
Gold (XAU/USD)Tie
Oil (WTI/Brent)Tie
Stock indices25+ indices20+ indicesFBS
Crypto CFDs30+FBS
Stocks / Share CFDsFXCM
ETFsTie
🖥️

Platforms Comparison

PlatformFBSFXCM
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Expert Advisors (EAs)
Scalping allowed
Hedging allowed

Both FBS and FXCM offer MetaTrader 4 and MetaTrader 5, the most popular platforms among Hungary traders. FBS also provides its proprietary FBS Trader app for mobile trading, while FXCM offers TradingView integration and NinjaTrader for advanced charting. Hungary traders who value mobile trading will appreciate FBS's user-friendly app, while FXCM's platform suite includes more analytical tools. Both platforms support automated trading via Expert Advisors (EAs) and are available in Hungarian language, ensuring a seamless experience.

Execution Quality - Speed & Slippage

FactorFBSFXCMWinner
Execution modelECN/STPTrue ECNFXCM
Avg execution speed~30ms~40msFBS
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowedTie
EA / Bot tradingTie

FBS offers instant execution with no requotes on its ECN accounts, while FXCM uses No Dealing Desk (NDD) execution with market execution. FXCM's execution is more reliable for scalping and news trading, with low latency. FBS may experience slippage during volatile periods. For Hungary traders using automated strategies, FXCM's execution quality is superior, while FBS is adequate for standard retail trading.

🛡️

Regulation & Safety for Hungary Traders

Safety FactorFBSFXCM
Primary regulatorIFSCFCA
Top-tier regulated
Investor protection
Segregated funds
Neg. balance protection

FXCM is regulated by top-tier authorities including the FCA (UK) and CySEC (Cyprus), offering negative balance protection and client fund segregation. FBS is regulated by the IFSC (Belize) and CySEC, which provides a lower level of oversight. For Hungary traders, neither broker is directly licensed by the local financial regulator (MNB). However, FXCM's stronger regulatory framework may appeal to risk-averse traders, while FBS's more lenient rules suit those seeking higher leverage (up to 1:3000). Always verify the broker's license and consider using a local regulated broker for added security.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Hungary traders may differ by entity.
💳

Deposits & Withdrawals for Hungary

Payment MethodFBSFXCM
Bank Wire Transfer
Visa / Mastercard
Skrill
Neteller
USDT / Crypto
Withdrawal timeElectronic Wallets / Systems: Credited immediately to 30 minutes (processed 24/7 by the financial department).Cryptocurrency: Instant, though subject to blockchain network confirmations.Credit / Debit Cards: Average of 3 to 4 business days (internal processing takes 15–20 minutes, plus bank clearance).Bank Transfers: Usually processed within 7 to 10 business days.Internal Processing: FXCM reviews and processes requests in 1–2 business days.Credit or Debit Card: Arrives within 5 business days, though statements can take up to 1 billing cycle to update.Domestic Bank Wire: Arrives in 1–2 business days after processing.International Bank Wire: Arrives in 3–5 business days after processing.

Hungary traders can deposit and withdraw funds using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both FBS and FXCM. FBS additionally supports local options like Perfect Money and SticPay, with a minimum deposit of $10 and instant processing for e-wallets. FXCM requires a minimum deposit of $50 and offers credit/debit cards and PayPal. Withdrawals at FBS are processed within 24 hours for e-wallets, while FXCM takes 1-3 business days. Bank transfers may take 2-5 business days for both brokers. USDT TRC20 is a fast, low-cost option for crypto-savvy Hungary traders, with no additional fees at FBS.

☪️

Islamic Accounts - Swap-Free for Hungary Muslims

Islamic Account FeatureFBSFXCM
Swap-free available
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported
How to applyContact supportContact support

Both FBS and FXCM offer Islamic (swap-free) accounts for Hungary Muslim traders who adhere to Sharia law. FBS provides Islamic accounts on all account types without additional fees, while FXCM offers them on request with a possible administrative charge for long-term positions. FBS's swap-free policy is more straightforward, making it a better choice for Hungary traders seeking a hassle-free Islamic trading experience. FXCM's Islamic accounts still require compliance with standard margin requirements.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureFBSFXCMWinner
Live chatTie
Phone supportTie
Email supportTie
24/7 supportTie
Response time (chat)<2 minutes<3 minutesFBS

FBS offers 24/7 customer support via live chat, email, and phone, with Hungarian language support available. FXCM provides 24/5 support during market hours, with English as the primary language. FBS's round-the-clock support is beneficial for Hungary traders who trade during off-hours. Response times are generally faster at FBS, while FXCM offers more detailed account management assistance.

📱

Mobile App Comparison

Mobile FeatureFBSFXCMWinner
iOS App Store rating4.5 stars4.3 starsFBS
Google Play rating4.3 stars4.2 starsFBS
Biometric loginTie
Push notificationsTie
Full charting on mobileTie
TradingView mobileFXCM
📚

Education & Research Tools

ResourceFBSFXCMWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)WeeklyFBS
Economic calendarTie
Market analysisDailyBasicFBS

Real User Reviews - Trustpilot

T
FBS
★★★★★
9.2K
9,222 verified reviews
View on Trustpilot
T
FXCM
★★★★★
0.9K
910 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

FBS

Pros
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support

FXCM

Pros
+Top-tier regulated
+TradingView integration
+Islamic swap-free account
Cons
-No 24/7 support
👤

Who Should Use Which Broker? - Hungary Guide

Choose FBS if you...

  • Want low spreads starting from 0.1 pips and high leverage up to 1:3000
  • Prefer fast deposits via USDT TRC20, Skrill, or Neteller with a $10 minimum
  • Need 24/7 customer support in Hungarian
  • Are a retail trader focused on cost efficiency

Choose FXCM if you...

  • Value strong regulatory oversight from FCA and CySEC
  • Need advanced trading platforms like TradingView or NinjaTrader
  • Prefer reliable execution with no requotes for scalping
  • Want access to extensive educational resources and market analysis

FAQ - FBS vs FXCM in Hungary

Is FBS or FXCM better for Hungary? +
Can Hungary traders use both brokers legally? +
Which broker has lower spreads for Hungary traders? +
How do Hungary traders deposit at FBS and FXCM? +
Do both brokers offer Islamic accounts for Hungary? +

Final Verdict - Hungary 2026

FBS wins overall

For Hungary traders in 2025, the choice between FBS and FXCM depends on your priorities. FBS is better for cost-conscious retail traders who value low spreads, high leverage, and flexible payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. Its 3.7/5 score reflects strong local accessibility. FXCM, scoring 3.5/5, is ideal for traders who prioritize regulatory security and advanced platform features. While neither broker is regulated by the local financial regulator, FXCM's top-tier licenses offer peace of mind. We recommend FBS for most Hungary traders due to its lower costs and faster deposits, but FXCM is a solid alternative for those seeking a more established broker.

Open FBSOpen FXCM
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of July 2026.
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Score Summary
FBS Winner3.7/5
FXCM 3.5/5
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.