Brokers With HUF Accounts
Brokers with HUF accounts cater to Hungarian traders. Account holders can speculate on local markets, such as the Budapest Stock Exchange, in addition to global assets and forex pairs with the Hungarian Forint. Importantly, HUF trading accounts can also help reduce currency conversion fees for local traders.
In this guide, we list the best brokers with HUF accounts in 2025. We also share tips for comparing platforms and getting the most out of accounts denominated in the Hungarian Forint.
Brokers With HUF Accounts
These are the 5 best brokers that offer accounts with HUF as the base currency:
Here is a summary of why we recommend these brokers in May 2025:
- Interactive Brokers - Interactive Brokers (IBKR) is a premier brokerage, providing access to 150 markets in 33 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe.
- Dukascopy - Established in 2004, Dukascopy Bank SA is a Swiss online bank and brokerage providing short-term trading opportunities on 1,200+ instruments, including binaries. A choice of accounts (JForex, MT4/5, Binary Options) and sophisticated platforms (JForex, MT4/MT5) deliver powerful tools and market data for active traders.
- Zacks Trade - Zacks Trade is a FINRA-regulated US broker offering trading on stocks, ETFs, cryptocurrencies, bonds and more through a proprietary terminal. The broker is geared toward active traders and offers very affordable fees on most assets as well as an app and a vast amount of market data.
- Exness - Established in 2008, Exness has maintained its position as a highly respected broker, standing out with its industry-leading range of 40+ account currencies, growing selection of CFD instruments, and intuitive web platform complete with useful extras like currency convertors and trading calculators.
- Swissquote - Established in 1996, Swissquote is a Switzerland-based bank and broker that offers online trading on an industry beating three million products, from forex and CFDs to futures, options and bonds. Highly trusted, it has built a strong reputation through innovative trading solutions, from becoming the first bank to offer crypto trading in 2017 to more recently launching fractional shares and its Invest Easy service.
Brokers With HUF Accounts Comparison
| Broker | Minimum Deposit | Instruments | Platforms |
|---|---|---|---|
| Interactive Brokers | $0 | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies | Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower |
| Dukascopy | $100 | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options | JForex, MT4, MT5 |
| Zacks Trade | $2500 | Stocks, ETFs, Cryptos, Options, Bonds | Own |
| Exness | $10 | CFDs, Forex, Stocks, Indices, Commodities, Crypto | Exness Trade App, Exness Terminal, MT4, MT5, TradingCentral |
| Swissquote | $1,000 | CFDs, Forex, Stocks, Indices, Bonds, Options, Futures, ETFs, Crypto (location dependent) | CFXD, MT4, MT5, AutoChartist, TradingCentral |
Interactive Brokers
"Interactive Brokers is one of the best brokers for advanced day traders, providing powerful charting platforms, real-time data, and customizable layouts, notably through the new IBKR Desktop application. Its superb pricing and advanced order options also make it highly attractive for day traders, while its diverse range of equities is still among the best in the industry."
Christian Harris, Reviewer
Interactive Brokers Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies |
| Regulator | FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM |
| Platforms | Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower |
| Minimum Deposit | $0 |
| Minimum Trade | $100 |
| Leverage | 1:50 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF |
Pros
- While primarily geared towards experienced traders, IBKR has made moves to broaden its appeal in recent years, reducing its minimum deposit from $10,000 to $0.
- The new IBKR Desktop platform takes the best of TWS while adding bespoke tools like Option Lattice and Screeners with MultiSort to create a genuinely impressive trading experience for day traders at every level.
- With low commissions, tight spreads and a transparent fee structure, IBKR delivers a cost-effective environment for short-term traders.
Cons
- You can only have one active session per account, so you can’t have your desktop program and mobile app running simultaneously, making for a sometimes frustrating trading experience.
- IBKR provides a wide range of research tools, but their distribution across trading platforms and the web-based 'Account Management' page lacks consistency, leading to a confusing user experience.
- TWS’s learning curve is steep, and beginners may find it challenging to navigate the platform and understand all the features. Plus500's web platform is much better suited to new traders.
Dukascopy
"If you’re an experienced trader, Dukascopy provides the tools you need: JForex for algorithmic strategies, competitive spreads from 0.1 pips, leverage up to 1:200, and the peace of mind of using a Swiss-regulated bank and broker."
Dukascopy Quick Facts
| Bonus Offer | 10% Equity Bonus |
|---|---|
| Demo Account | Yes |
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options |
| Regulator | FINMA, JFSA, FCMC |
| Platforms | JForex, MT4, MT5 |
| Minimum Deposit | $100 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:200 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, SGD, PLN, CZK, AED, SAR, HUF, MXN |
Pros
- Dukascopy is regulated by the Swiss Financial Market Supervisory Authority (FINMA) as both a broker and a bank, ensuring top-tier financial security and adherence to strict standards.
- The proprietary JForex platform is highly advanced, offering tools for algorithmic trading, extensive charting, and access to deep liquidity for short-term traders.
- Dukascopy features some of the best research we’ve seen, even a professional TV studio in Geneva covering financial news, market analysis, and daily insights from professionals.
Cons
- While Dukascopy provides some educational resources and 24/7 support, the complexity of its platforms and tools required extensive testing and may overwhelm newer traders.
- Dukascopy's withdrawal fees are higher than most competitors we’ve tested, particularly for bank wire transfers, which may deter traders who require frequent access to their funds.
- Some account types, such as the MT4/MT5 accounts, require a higher minimum deposit of $1,000, which may not be ideal for traders with smaller budgets.
Zacks Trade
"Zacks Trade will suit active day traders with experience using powerful platforms. Fees and margin rates are low while the market research is excellent."
Tobias Robinson, Reviewer
Zacks Trade Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | Stocks, ETFs, Cryptos, Options, Bonds |
| Regulator | FINRA |
| Platforms | Own |
| Minimum Deposit | $2500 |
| Minimum Trade | $3 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, SGD, RUB, PLN, CZK, HUF |
Pros
- Customizable proprietary trading platform and mobile app
- Comprehensive research and data
- Demo account
Cons
- No forex, commodities or futures trading
- Withdrawal fees apply if removing funds more than once per month
- High minimum requirement of $2,500
Exness
"After slashing its spreads, improving its execution speeds and support trading on over 100 currency pairs with more than 40 account currencies to choose from, Exness is a fantastic option for active forex traders looking to minimize trading costs."
Exness Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Crypto |
| Regulator | CySEC, FCA, FSCA, CMA, FSA, CBCS, BVIFSC, FSC, JSC |
| Platforms | Exness Trade App, Exness Terminal, MT4, MT5, TradingCentral |
| Minimum Deposit | $10 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:Unlimited |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, MYR, IDR, DKK, CHF, HKD, SGD, AED, SAR, HUF, BRL, NGN, THB, VND, UAH, KWD, QAR, KRW, MXN, KES, CNY |
Pros
- Excellent range of account types for all experience levels, including Cent, Pro plus the introduction of Raw Spread, ideal for day traders.
- Exness was the first brokerage to pass the $1 trillion and $2 trillion marks in monthly trading volumes, highlighting its legitimacy.
- Highly competitive spreads, reduced for USOIL and BTCUSD in 2024, are available from 0 pips with low commissions from $2 per side.
Cons
- MetaTrader 4 and 5 are supported, but TradingView and cTrader still aren’t despite rising demand from active traders and integration at alternatives like Pepperstone.
- Apart from a mediocre blog, educational resources are woeful, especially compared to category leaders like IG which provide a more complete trading journey for newer traders.
- Exness has expanded its range of CFDs and added a copy trading feature, but there are still no real assets such as ETFs, cryptocurrencies or bonds
Swissquote
"Swissquote is an excellent choice for active traders looking for a customizable platform, such as its CXFD, which integrates Autochartist for automated chart analysis to aid trading decisions. However, its average fees and steep $1,000 minimum deposit might make it less accessible for beginner traders."
Swissquote Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Indices, Bonds, Options, Futures, ETFs, Crypto (location dependent) |
| Regulator | FCA, FINMA, CSSF, DFSA, SFC, MAS, MFSA, CySEC, FSCA |
| Platforms | CFXD, MT4, MT5, AutoChartist, TradingCentral |
| Minimum Deposit | $1,000 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:100 (Retail), 1:400 (Pro) |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, TRY, SEK, NOK, CHF, HKD, SGD, PLN, AED, SAR, HUF, THB, QAR, MXN |
Pros
- Swissquote is highly trusted owing to its position as a bank, its listing on the Swiss stock exchange, and authorization from trusted bodies like FINMA in Switzerland, FCA in the UK, and CSSF in Luxembourg.
- Swissquote provides advanced research services like Autochartist for technical analysis and integration of real-time news from Dow Jones. Its proprietary Market Talk videos and Morning News reports deliver expert analysis daily, appealing to active traders.
- Swissquote is built for fast-paced trading strategies like day trading, scalping and high-frequency trading with 9ms average execution speeds, a 98% fill ratio, and FIX API.
Cons
- Unlike brokers such as eToro with social trading features, Swissquote lacks tools for community engagement or copying successful traders, limiting its appeal for those who value peer-to-peer learning.
- Swissquote primarily caters to pro and high-net-worth clients, with high minimum deposit requirements (eg $1,000 for Standard accounts), making it less suited for smaller traders who can find higher leverage at the growing number of brokers with no minimum deposit.
- Analysis shows Swissquote’s fees are on the high side, with forex spreads starting at 1.3 pips on Standard accounts, compared to 0.0 pips at brokers like Pepperstone or IC Markets. Transaction fees for non-Swiss stocks and ETFs can also add up for frequent traders.
What Is A HUF Trading Account?
When opening a trading account, clients are asked to select an account base currency. Depending on the broker and specific account, traders may only have one currency choice or be offered a wide selection to choose from.
Having an account with the Hungarian Forint as its base currency allows investors to hold funds in HUF without converting money to another currency, such as USD, EUR or GBP. This comes with the advantage of not needing to face often unfavorable exchange rates when depositing or withdrawing in a native currency.
In addition, Hungarian traders can easily understand profits, losses and commissions when using HUF. While if clients select an alternative such as EUR or USD, it may be more difficult to comprehend these values at a glance.
Finally, brokers with HUF accounts are more likely to be overseen by local financial watchdogs, such as the Hungarian Financial Supervisory Authority (HFSA), as well as accepting local deposit and withdrawal options.
HUF Explained
The Hungarian Forint can trace its roots back to 1325 when a gold-based currency named the florentinus was established by then-ruler Charles Robert. However, the region utilized several alternative monies until the reintroduction of the Forint in 1946 following record hyperinflation of the Hungarian pengő.
For many, the Forint symbolized stability and remained a dependable currency for over two decades in spite of regional political fluctuations. Despite some turbulence after this point, the currency was re-stabilized in the early 1990s following significant economic reforms.
Today, the Forint remains a well-traded and utilized currency within Hungary due to high domestic trade and the nation’s popularity with tourists. Moreover, Hungary is one of only nine EU member states to retain its own currency instead of adopting the Euro.
HUF is also available in the forex markets as an exotic cross-pair with other currencies like EUR, USD and GBP.
Benefits Of Brokers With HUF Accounts
There are several advantages to brokers with HUF trading accounts:
- Account values are easy to understand at a glance
- Faster, local deposit methods will often be available
- No conversion charges for depositing or withdrawing HUF
- Brokers with HUF accounts are more likely to be licensed by a local or regional regulator, such as the HFSA
Disadvantages Of Brokers With HUF Accounts
Downsides to HUF trading accounts include:
- Less deposit and withdrawal methods support HUF
- High amounts are required compared to leading currencies
- Local monies are generally less stable than popular currencies
- There is a limited list of brokers with HUF accounts
How To Check If Brokers Support HUF Trading Accounts
The process of checking the base currencies supported by an online broker varies depending on the specific firm.
Some brokerages will state their supported currencies in the account types section on their websites. At the same time, other providers may require potential traders to take several steps toward account creation before disclosing their options.
If whether a broker supports a HUF trading account is not immediately apparent, most brokers will have a live chat feature on their website where a customer service team member will be happy to clarify the issue.
At this stage, it is also worth checking the supported deposit and withdrawal options and the currencies available with each method. This information is usually provided on a company’s website under a section named “deposit methods” or similar. If not, investors can again contact customer support for additional information.
Alternatively, use our list of the best brokers with HUF accounts to get started.
How To Compare Brokers With HUF Accounts
While brokers that offer HUF base currency accounts may be scarce, we recommend only singing up to firms that are competitive in the following areas:
Fees & Commissions
High trading fees can eat into hard-earned profits, so ensure that your chosen brokerage has tight spreads and low commissions. This is particularly important when trading forex pairs like the USD/HUF and EUR/HUF where spreads can widen during periods of low liquidity.
Also ensure that there are no hidden charges, such as platform fees. Deposit and withdrawal charges should ideally be free or very low.
Trading Platforms
Having access to a reliable and intuitive trading platform is a must for serious traders. In addition, investors should look for brokers that support programs with plenty of technical analysis tools, fast trade execution and various order types.
Security & Regulation
The security of personal data and funds should be a priority for investors in the online financial space. To this end, finding a broker licensed by a reputable regulator such as the Cyprus Securities & Exchange Commission (CySEC) or UK Financial Conduct Authority (FCA) gives traders the best chance at safety.
Brokers with HUF trading accounts may also be licensed by the Hungarian MNB, the Magyar Nemzeti Bank, which offers oversight to local financial organizations.
Range Of Instruments
Before signing up with a new broker, it is worth investigating the range of instruments the firm offers.
For example, some brokers offer crypto CFD trading while others are required by their regulator to exclude this market. Likewise, some brands allow their clients to trade soft commodity CFDs, which is not a supported market on other platforms.
There is also often a great deal of difference within markets. For example, some brokers provide 80+ forex instruments spanning major, minor and exotic currency pairs, while others may only offer less than 40 products. Importantly, the top brokers with HUF accounts may offer forex pairs with the Hungarian Forint.
Confirm that your chosen broker supports the assets you wish to trade– most firms list their products on their websites to make it easy for potential clients to see.
Deposit & Withdrawal Methods
It is also crucial to ensure that brokers with HUF accounts support low-cost, fast and reputable payment methods. This is especially important when looking to open an account in a less popular currency such as HUF.
Credit and debit cards, bank transfers and e-wallets such as Skrill, PayPal and Neteller are popular options with investors. In contrast, bank wire transfers can be slow and costly.
Final Word On Brokers With HUF Accounts
Brokers with HUF trading accounts offer several advantages to Hungarian investors, such as forfeiting currency conversion fees, often supporting fast, local deposit and withdrawal methods, and allowing traders to asses fees and position values at a glance. However, due to the chiefly domestic use of the currency, not many brokers offer the Hungarian Forint as an account base currency. Our experts have compiled a list of the top brokers with HUF accounts to help traders get started.
FAQs
What Is A HUF Trading Account?
A HUF trading account uses the Hungarian Forint as its base currency. Traders can view asset prices, fees and commissions in HUF when using this type of account. Clients can also make deposits and withdrawals in HUF without currency conversion charges.
Which Brokers With HUF Accounts Are The Best?
Key areas to look for in a broker include low trading fees and commissions, desired supported assets, strong regulation and intuitive trading platforms. Exness is one of the top brokers with a HUF trading account.
Should I Use HUF Or EUR In My Trading Account?
EUR is the more universally supported and stable currency, offering investors a more comprehensive range of brokers with EUR accounts. However, using HUF streamlines deposits and withdrawals for Hungarian clients and allows them to comprehend account balances at a glance.
How Can I Tell If A Broker Supports HUF Trading Accounts?
Most brokers display the supported base currencies in their account types section. If customers cannot find this information, they can contact a firm’s customer support team for guidance. Alternatively, use our list of the best brokers with HUF accounts.