IC Markets vs FxPro 2026: Hungary Trader Comparison

For Hungary traders, trading costs are a key factor. IC Markets offers spreads from 0.0 pips on its Raw Spread account with a $7 round-turn commission per lot. FxPro's Zero account starts at 0.6 pips with no commission, but its Standard account has spreads from 1.2 pips. Over 100 trades per month, IC Markets saves Hungary traders significant money, especially in EUR/USD and USD/CHF pairs. FxPro's costs are higher but more predictable for low-volume traders. Both brokers have no hidden fees, but IC Markets is cheaper for active trading.

IC Markets provides MetaTrader 4, MetaTrader 5, cTrader, and WebTrader, giving Hungary traders flexibility across desktop, mobile, and web. FxPro offers MT4, MT5, cTrader, and its own FxPro Edge platform. For Hungary traders who value advanced charting and automated trading, IC Markets’ support for cTrader and MT5 is a plus. FxPro’s platforms are user-friendly but limited in customization. Both brokers have mobile apps in Hungarian language.

IC Markets offers raw spreads and fast execution with no requotes, using Equinix NY4 servers. FxPro also provides low latency execution but has occasional slippage during news events. For Hungary traders trading high-frequency strategies, IC Markets’ execution speed and reliability are superior. FxPro is still good for swing traders who don't need instant fills.

IC Markets is regulated by the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the Financial Services Authority (FSA) in Seychelles. FxPro is regulated by CySEC, the UK Financial Conduct Authority (FCA), and the South African Financial Sector Conduct Authority (FSCA). For Hungary traders, both brokers fall under CySEC supervision, which provides investor protection up to €20,000. Neither broker is directly regulated by the local financial regulator, but they comply with EU MiFID II rules. This means Hungary traders have deposit protection and access to dispute resolution through the Hungarian financial ombudsman.

Hungary traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT at both IC Markets and FxPro. IC Markets processes deposits instantly with no fees for Skrill/Neteller, while bank transfers take 1-3 business days. USDT deposits are also instant and fee-free. Withdrawals at IC Markets are processed within 24 hours for e-wallets and 3-5 days for bank transfers. FxPro offers similar methods but charges a 1% fee on Skrill/Neteller deposits over $2,000. For Hungary traders, USDT is a fast, low-cost option at both brokers. Always check the minimum deposit: IC Markets requires $200, FxPro $100.

Both IC Markets and FxPro offer Islamic (swap-free) accounts for Hungary Muslim traders who follow Sharia law. IC Markets provides swap-free accounts on request with no additional fees, available for all account types. FxPro also offers Islamic accounts but requires a minimum deposit of $500 and charges a small administration fee after 90 days of holding positions overnight. For Hungary traders who trade frequently, IC Markets is more accommodating. Both brokers require proof of Muslim faith or a declaration of religious adherence.

IC Markets offers 24/7 customer support via live chat, email, and phone, with Hungarian language support available during European hours. FxPro also provides 24/5 support with Hungarian-speaking agents. IC Markets responds faster (under 2 minutes on live chat), while FxPro may take up to 5 minutes. For Hungary traders, IC Markets’ round-the-clock support is an advantage during late-night trading sessions.