Best Brokers With HUF Accounts 2025
Dig into our top brokers offering HUF accounts, based on thorough testing, designed to reduce conversion fees and optimize the trading experience for traders in Hungary.
-
1Interactive Brokers (IBKR) is a top brokerage firm offering access to 150 markets in 33 countries and a range of investment services. With 40 years in the field, this company listed on Nasdaq strictly follows the rules set by authorities such as the SEC, FCA, CIRO, and SFC. It's recognized as one of the most reliable brokers for global trading.
-
2
Trust Platform Assets Fees Accounts Research Education Mobile Support 3.6 Founded in 2004, Dukascopy Bank SA is a Swiss online bank and brokerage offering trading on over 1,200 instruments, including binary options. It provides various accounts (JForex, MT4/5, Binary Options) and advanced platforms (JForex, MT4/MT5) with strong tools and market data for active traders. -
3
Trust Platform Assets Fees Accounts Research Education Mobile Support 4.6 Established in 2008, Exness is a respected broker known for offering over 40 account currencies, a wide choice of CFD instruments, and an intuitive web platform with features like currency converters and trading calculators. -
4
Trust Platform Assets Fees Accounts Research Education Mobile Support 4.0 Founded in 1996, Swissquote is a Swiss bank and broker offering online trading with three million products, including forex, CFDs, futures, options, and bonds. Known for its reliability, Swissquote has built a strong reputation with innovative trading solutions, such as being the first bank to offer crypto trading in 2017 and recently introducing fractional shares and the Invest Easy service.
Compare Brokers
Safety Comparison
Compare how safe the Best Brokers With HUF Accounts 2025 are.
Mobile Trading Comparison
Compare the mobile trading features of the Best Brokers With HUF Accounts 2025.
Comparison for Beginners
Compare how suitable the Best Brokers With HUF Accounts 2025 are for beginners.
Comparison for Advanced Traders
Compare how suitable the Best Brokers With HUF Accounts 2025 are for advanced or professional traders.
Accounts Comparison
Compare the trading accounts offered by Best Brokers With HUF Accounts 2025.
Detailed Rating Comparison
Compare how we rated the Best Brokers With HUF Accounts 2025 in key areas.
Fee and Cost Comparison
Compare the cost of trading with the Best Brokers With HUF Accounts 2025.
Broker Popularity
See how popular the Best Brokers With HUF Accounts 2025 are in terms of number of clients.
Broker | Popularity |
---|---|
Interactive Brokers |
|
Exness |
|
Dukascopy |
|
Why Trade With Interactive Brokers?
Interactive Brokers is ideal for seasoned traders due to its robust charting platforms, updated data, and adaptability, especially with the IBKR Desktop application. Its exceptional pricing and advanced order features appeal to traders, and its variety of stocks remains unmatched in the market.
Pros
- The new IBKR Desktop platform combines the advantages of TWS and adds unique tools like Option Lattice and Screeners with MultiSort to make trading accessible and impressive for traders of all levels.
- IBKR offers exceptional access to global stocks, with thousands of equities available from over 100 market centers in 24 countries, including the recent addition of the Saudi Stock Exchange.
- IBKR, primarily designed for skilled traders, has expanded its appeal recently by eliminating its initial $10,000 deposit requirement.
Cons
- Only one active session per account is allowed, which means you can't run the desktop version and mobile app at the same time. This can sometimes lead to a frustrating trading experience.
- TWS's platform may be difficult for beginners to grasp because of its complexity. Plus500's web platform, on the other hand, is more appropriate for those new to trading.
- IBKR offers many research tools. However, the tools are not uniformly distributed across trading platforms and the web-based 'Account Management' page, causing confusion for the users.
Why Trade With Dukascopy?
If you're an experienced trader, Dukascopy offers the tools you need: JForex for algorithmic strategies, competitive spreads from 0.1 pips, leverage up to 1:200, and the assurance of a Swiss-regulated bank and broker.
Pros
- Dukascopy is regulated by the Swiss Financial Market Supervisory Authority (FINMA) as a broker and a bank, providing high-level financial security and compliance with strict standards.
- The proprietary JForex platform is advanced, offering tools for algorithmic trading, detailed charting, and access to deep liquidity for traders.
- Dukascopy provides tight spreads starting at 0.1 pips, leverage up to 1:200 (based on jurisdiction), and volume-based commissions that benefit high-frequency traders.
Cons
- Dukascopy offers educational resources and 24/7 support, but its complex platforms and tools require extensive testing and can overwhelm new traders.
- JForex offers many features, but its complexity makes it less ideal for beginner traders who might prefer simpler platforms.
- Certain account types, like MT4/MT5 accounts, need a higher minimum deposit of $1,000. This might not be suitable for traders with limited budgets.
Why Trade With Exness?
Exness is an excellent choice for active forex traders aiming to reduce costs after lowering spreads, enhancing execution speeds, and offering trading on over 100 currency pairs with more than 40 account currencies.
Pros
- Exness Terminal provides an easy experience for beginners with interactive charts, and creating watchlists is simple.
- Execution speeds now average under 25ms, providing ideal conditions for short-term traders.
- Competitive spreads for USOIL and BTCUSD in 2024 start from 0 pips, with low commissions from $2 per side.
Cons
- Exness has increased its variety of CFDs and introduced a copy trading feature, but it still lacks real assets like ETFs, cryptocurrencies, or bonds.
- MetaTrader 4 and 5 are supported, but TradingView and cTrader are not available yet, despite increasing demand from traders and their integration with other platforms like Pepperstone.
- Besides a mediocre blog, educational resources are lacking, especially compared to category leaders like IG, which offer a more comprehensive trading journey for new traders.
Why Trade With Swissquote?
Swissquote is a great option for active traders seeking a customizable platform, like its CXFD that includes Autochartist for automated chart analysis to assist trading decisions. However, its average fees and high $1,000 minimum deposit may be less accessible for beginners.
Pros
- Swissquote caters to fast trading strategies like scalping and high-frequency trading, offering 9ms average execution speeds, a 98% fill rate, and FIX API.
- Swissquote offers advanced research tools such as Autochartist for technical analysis and real-time news integration from Dow Jones. Their proprietary Market Talk videos and Morning News reports provide daily expert analysis, which is attractive to active traders.
- Swissquote is highly trusted for being a bank, listed on the Swiss stock exchange, and authorized by FINMA in Switzerland, FCA in the UK, and CSSF in Luxembourg.
Cons
- Unlike brokers like eToro, which offer social trading features, Swissquote lacks tools for community interaction or copying successful traders. This limits its appeal for those who value peer learning.
- Swissquote mainly serves professional and wealthy clients, requiring high minimum deposits like $1,000 for Standard accounts. This makes it less suitable for smaller traders, who might prefer brokers offering higher leverage and no minimum deposit.
- Analysis indicates Swissquote has relatively high fees, with forex spreads starting at 1.3 pips on Standard accounts, whereas Pepperstone and IC Markets offer 0.0 pips. Transaction fees for non-Swiss stocks and ETFs can increase costs for frequent traders.
Filters
Introduction to Brokers with HUF Accounts
If you’re a trader in Hungary, brokers with HUF (Hungarian Forint) accounts can offer some unique benefits. You can trade on local markets like the Budapest Stock Exchange and on global assets, including forex pairs with the Forint. Having an account in your local currency can help cut down on those pesky currency conversion fees.
We’ll walk you through the best brokers offering HUF accounts and share some tips on choosing the one that’s right for you.
What Is a HUF Trading Account?
When you open a trading account, you choose a currency in which your balance will be held. This is known as your account’s base currency. With a HUF trading account, your funds are held in Hungarian Forints, so you don’t need to worry about converting them into other currencies like USD or EUR.
Here’s why that matters:
- You avoid unfavorable exchange rates.
- Profits, losses, and any fees are easier to understand in your native currency.
- Brokers offering HUF accounts often have oversight from local bodies like the Hungarian Financial Supervisory Authority (HFSA).
Understanding HUF
The Hungarian Forint, abbreviated as HUF, has its roots back in 1325. It stabilized after some economic ups and downs and is used widely today because Hungary has chosen to keep its own currency rather than adopting the Euro.
In the forex market, HUF is traded as an exotic currency pair with other major currencies like the Euro (EUR), US Dollar (USD), and British Pound (GBP).
Advantages of Using Brokers with HUF Accounts
Choosing a broker with a HUF account comes with several perks:
- Easy to view and understand account values in Forints.
- Faster and more local deposit and withdrawal options.
- No fees for converting HUF when depositing or withdrawing money.
- They are often regulated locally, providing some peace of mind.
Drawbacks of HUF Accounts
There are also some drawbacks to be aware of:
- Fewer options for depositing and withdrawing in HUF.
- Larger minimum amounts may be needed compared to major currencies like USD.
- Local currencies like HUF are generally less stable.
- A limited number of brokers offer HUF accounts.
Checking for HUF Account Support
To find out if a broker supports HUF accounts:
- Look for currency options on their website, often listed under account types.
- If it’s unclear, use their live chat or customer service to ask.
- Check their deposit and withdrawal options to see if HUF is supported.
Comparing Brokers with HUF Accounts
When choosing a broker, focus on these key aspects:
Fees & Commissions
Watch for high fees which can eat into your profits. Aim for brokers with low or no fees on deposits and withdrawals.
Trading Platforms
Look for user-friendly platforms with robust tools for analyzing markets.
Security & Regulation
Prioritize brokers regulated by trusted bodies like the Cyprus Securities & Exchange Commission (CySEC) or the UK Financial Conduct Authority (FCA).
Range of Instruments
Ensure the broker offers the financial instruments you want to trade, such as forex pairs including the Hungarian Forint.
Deposit & Withdrawal Methods
Prefer brokers that offer quick and low-cost options to move your money, like credit cards or e-wallets.
Final Words on HUF Accounts
HUF accounts bring several benefits to traders in Hungary, including avoiding conversion fees and easy-to-track account values. However, only a few brokers offer these accounts. To assist you, we’ve compiled a list of the best brokers with HUF accounts.
FAQs
What Is a HUF Trading Account?
A HUF trading account is one where the base currency is the Hungarian Forint. This simplifies viewing of fees and asset prices for Hungarian traders and avoids conversion costs for transactions.
Which Brokers Offer the Best HUF Accounts?
Choose brokers with low fees, good regulation, and platforms that suit your needs. For example, Exness is known for providing efficient HUF accounts.
Should I Choose HUF or EUR for My Account?
EUR is widely supported and stable, but HUF simplifies transactions and helps you quickly see account balances in your local currency.
How Do I Know If a Broker Supports HUF Accounts?
Check their website for base currency options or contact their customer service. You can also refer to our list of top brokers with HUF accounts.