Best Online Brokers in Hungary 2026
MNB-regulated brokers in Hungary — ranked by fees, TBSZ support and platform quality.
✅ MNB Regulated
🇭🇺 MNB Regulated
📊 TBSZ Compatible (0% after 5yr)
💰 28% effective tax (15% crypto)
🔬 Tested with real accounts
🔄 Last updated: July 2026 · Reviewed by WhichBrokr Research Team
⚠️ Risk warning: Investing involves risk of loss. Capital is not guaranteed. Some links on this page are affiliate links — this does not affect our rankings.
⚡ No time to read? Our top picks for Hungary
XTB — Best overall broker for European investors. Zero commission stocks & ETFs up to €100k/month.
eToro — World's #1 social trading platform. Copy the trades of top investors automatically.
Interactive Brokers — The broker of choice for serious investors. Access to 150+ markets in 33 countries.
DEGIRO — Europe's lowest-cost broker for stocks & ETFs. Access to 50+ exchanges in 30 countries.
Top 4 Best Online Brokers in Hungary — Detailed Reviews
XTB
Editor's Choice
XTB
Regulated by FCA
4.7/5
Commission
0% up to €100k/month
Best overall broker for European investors. Zero commission stocks & ETFs up to €100k/month.
eT
Editor's Choice
eToro
Regulated by CySEC
4.1/5
Commission
0% (EU/UK real stocks)
World's #1 social trading platform. Copy the trades of top investors automatically.
IB
Best for Professionals
Interactive Brokers
Regulated by SEC
4.6/5
Commission
From $0.005/share (Pro; EU only)
Europe's lowest-cost broker for stocks & ETFs. Access to 50+ exchanges in 30 countries.
DG
Editor's Choice
DEGIRO
Regulated by AFM
4.4/5
Commission
1 + exchange fee per trade
Europe's lowest-cost broker for stocks & ETFs. Access to 50+ exchanges in 30 countries.
How to Get Started with Best Brokers in Hungary
1
Choose a regulated platform
Pick a broker regulated by MNB or operating under an international licence. All platforms on this page qualify.
2
Open your account
Account opening is fully online. You'll need a photo ID (passport or national ID) and proof of address. Most platforms verify within 1–2 business days.
3
Fund your account
Deposit via bank transfer (free, 1–3 days) or debit card (instant, small fee). Minimum deposits vary — most top platforms start from HUF0.
4
Start investing
Diversify across stocks and ETFs. Consider low-cost index ETFs for long-term growth.
🇭🇺 Hungary: Country Environment Blueprint
Passporting / Access
✅ Fully accepted. Any EU/EEA-regulated broker can legally serve Hungary residents via MiFID II passport — no local entity required.
Regulatory Blacklist
MNB maintains a list of regulated firms. Verify any broker before depositing.
Capital Gains Tax
15% SZJA (személyi jövedelemadó) + 13% Szociális Hozzájárulási Adó (SZOCHO) = 28% effective — Hungary taxes investment income at 15% income tax. For most investors, an additional 13% SZOCHO social contribution tax applies, bringing total effective rate to 28%. SZOCHO applies to dividends but may be capped at certain levels.
Dividend Tax
15% SZJA + 13% SZOCHO = 28% effective.
Foreign Account Reporting
⚠️ Required. Personal income tax return (SZJA bevallás).
Loss Carry-Forward
2 years
TBSZ (Tartós Befektetési Számla)
Cap: No cap Hungary's best tax wrapper. 10% tax after 3 years (vs 28% normal). 0% tax after 5 years. All investment types eligible. Critical wrapper for Hungarian investors.
NYESZ (Nyugdíj-Előtakarékossági Számla)
Cap: Up to 20% of income deductible, max HUF 100,000 tax credit Pension savings account. 20% tax credit on contributions (up to HUF 100,000 credit). Grows tax-free. Taxed on withdrawal before retirement age.
US ETF Access (PRIIPs)
⛔ US-domiciled ETFs are restricted for retail investors (PRIIPs regulation). Use UCITS equivalents: iShares CSPX, Amundi CU2, or Vanguard VWRA.
Domestic Exchanges & Indices
Budapest Stock Exchange (BSE) — Budapesti Értéktőzsde · Index: BUX Index
Key stocks: OTP Bank (OTP.BD), Mol (MOL.BD), Richter Gedeon (RICHTER.BD), Magyar Telekom (MTELEKOM.BD)
What Hungary Investors Need to Know in 2026
Hungary's TBSZ (Tartós Befektetési Számla) is one of Europe's best tax wrappers: after 5 years, all gains are 0% tax. After 3 years, only 10% tax applies. Every Hungarian investor should use a TBSZ rather than a regular brokerage account.
Uniquely in Hungary, crypto gains are NOT subject to the SZOCHO social tax (only 15% SZJA applies), making crypto more tax-efficient than stocks at 28% effective rate.
🏠 Local Platforms to Know
OTP
OTP Bróker — OTP Bank's brokerage arm. Hungary's largest broker. Good BSE market access. TBSZ support.
KBC
KBC Securities Hungary — Strong for Hungarian and regional market trading.
RFB
Random Capital — Hungarian-founded broker. Good for active traders.
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How we chose these platforms
Our team opened real accounts, deposited funds and tested each platform in Hungary. We evaluate regulation quality, fees (commissions, spreads, FX conversion), platform usability, customer support response times and local features specific to Hungary investors. Rankings are updated regularly.
Frequently Asked Questions
What is a TBSZ? +
Hungary's long-term investment account. 10% tax after 3 years, 0% tax after 5 years. No annual contribution cap. One of Europe's best tax wrappers for long-term investors.
Is crypto taxed lower than stocks in Hungary? +
Yes. Crypto gains are taxed at 15% SZJA only. Stock gains face 15% SZJA + 13% SZOCHO = 28% effective rate. Crypto is more tax-efficient for Hungarian investors.