FP Markets Vs IG For Hungary Traders (2026)
Which broker is better for Hungary traders in 2026? Expert analysis across 12 categories.
Quick Verdict — Hungary Traders
Head-to-head comparison
For Hungary retail traders looking to trade forex, CFDs, and other instruments, the choice between FP Markets and IG is crucial. FP Markets, with a 4.7/5 rating, stands out for its low-cost trading, wide range of local payment methods including Bank Transfer, Skrill, Neteller, and USDT TRC20, and strong regulation by the local financial regulator. IG, scoring 4.2/5, is a globally recognized broker offering advanced platforms like ProRealTime and a vast educational library. Both brokers accept Hungarian clients and are authorized by the local regulator, ensuring a secure trading environment. However, FP Markets offers a more cost-effective solution with tighter spreads and more payment flexibility, while IG appeals to those who prioritize platform variety and brand trust. This comparison helps Hungary traders decide based on their specific needs, from deposit methods to trading costs.
Overall Scores Comparison
Trading Costs - Spreads & Commissions
| Instrument | FP Markets | IG | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | IG |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | IG |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | IG |
| Standard acc spread | from 1.0 pips | from 0.8 pips | IG |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $100 | $0 | IG |
When comparing trading costs for Hungary traders, FP Markets has a clear advantage with spreads starting from 0.0 pips on its Raw account, plus a small commission. IG’s standard spreads are higher, especially for major pairs like EUR/USD, which can impact frequent traders. For Hungary traders trading moderate volumes, FP Markets can save significant costs over time. IG’s costs are more transparent but less competitive for scalpers. Both brokers offer competitive swap rates, but FP Markets’ lower overall cost structure makes it the preferred choice for cost-conscious Hungary traders.
Account Types Comparison
| Account Type | FP Markets | IG |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $100 | $0 |
Leverage Comparison - Hungary Traders
| Entity / Asset | FP Markets | IG |
|---|---|---|
| Hungary (offshore) | Up to 1:1 | Up to 1:200 |
| Forex major pairs | 1:1 | 1:200 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
Trading Instruments - Assets Available
| Asset Class | FP Markets | IG | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FP Markets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FP Markets |
| Crypto CFDs | 30+ | 20+ | FP Markets |
| Stocks / Share CFDs | 1,000+ | 1,700+ | IG |
| ETFs | ✓ | ✓ | Tie |
Platforms Comparison
| Platform | FP Markets | IG |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✗ |
| TradingView | ✓ | ✓ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
FP Markets provides MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are highly popular among Hungary traders for their reliability and automated trading capabilities. IG offers a proprietary web platform, MetaTrader 4, and ProRealTime, giving more options for advanced charting and analysis. For Hungary traders who prefer simplicity and automation, FP Markets’ MT4/MT5 are ideal. IG’s platforms are better for those who want integrated news and research tools. Both are available in Hungarian language support.
Execution Quality - Speed & Slippage
| Factor | FP Markets | IG | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | IG |
| Avg execution speed | ~30ms | ~40ms | FP Markets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Both brokers offer fast execution with low latency. FP Markets uses Equinix NY4 servers for ultra-fast order processing, ideal for scalpers. IG also provides reliable execution with no requotes on most instruments. For Hungary traders, FP Markets’ execution speed is slightly better for high-frequency trading, while IG’s execution is sufficient for most retail strategies.
Regulation & Safety for Hungary Traders
| Safety Factor | FP Markets | IG |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both FP Markets and IG are regulated by the local financial regulator in Hungary, providing a strong layer of protection for retail traders. This means client funds are kept in segregated accounts, and both brokers comply with local financial rules. FP Markets also holds licenses from ASIC and CySEC, while IG is regulated by the FCA and other top-tier bodies. For Hungary traders, this dual regulation ensures high safety standards and recourse in case of disputes.
Deposits & Withdrawals for Hungary
| Payment Method | FP Markets | IG |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✗ |
| Neteller | ✓ | ✗ |
| USDT / Crypto | ✓ | ✓ |
| Withdrawal time | 24 hours | 1 to 5 business days |
Hungary traders have multiple convenient deposit options at both brokers. FP Markets supports Bank Transfer, Skrill, Neteller, and USDT TRC20, with instant processing for e-wallets and crypto. IG accepts Bank Transfer, Skrill, and Neteller, but not USDT TRC20. FP Markets has no deposit fees for these methods, while IG may charge for certain bank transfers. Withdrawals are processed within 1-2 business days for e-wallets and 3-5 days for bank transfers at both brokers. FP Markets’ inclusion of USDT TRC20 is a major advantage for Hungary traders seeking fast, low-cost crypto deposits.
Islamic Accounts - Swap-Free for Hungary Muslims
| Islamic Account Feature | FP Markets | IG |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both FP Markets and IG offer Islamic (swap-free) accounts for Hungary Muslim traders who require Sharia-compliant trading. FP Markets provides swap-free accounts on all account types without extra fees, making it accessible. IG offers Islamic accounts on request, subject to eligibility and review. Both brokers ensure no overnight interest is charged, allowing Hungary Muslim traders to trade in compliance with their faith. FP Markets’ straightforward availability gives it an edge.
Customer Support Comparison
| Support Feature | FP Markets | IG | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FP Markets |
FP Markets offers 24/5 customer support via live chat, email, and phone, with dedicated Hungarian language support available. IG provides 24/7 support through live chat and phone, but Hungarian language support is limited to business hours. For Hungary traders, FP Markets’ local language support and responsive team are more convenient for resolving issues quickly.
Mobile App Comparison
| Mobile Feature | FP Markets | IG | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FP Markets |
| Google Play rating | 4.3 stars | 4.2 stars | FP Markets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✓ | ✓ | Tie |
Education & Research Tools
| Resource | FP Markets | IG | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FP Markets |
Real User Reviews - Trustpilot
Pros & Cons of Each Broker
FP Markets
IG
Who Should Use Which Broker? - Hungary Guide
Choose FP Markets if you...
- Want lower spreads and trading costs for frequent trading.
- Prefer using MT4/MT5 with automated trading capabilities.
- Need flexible deposits including USDT TRC20, Skrill, or Neteller.
- Value a broker with a higher overall rating (4.7/5) and local regulation.
Choose IG if you...
- Want access to advanced platforms like ProRealTime and extensive research tools.
- Prefer a globally recognized brand with a long track record.
- Need a broader range of tradable instruments, including options and shares.
- Are willing to pay slightly higher spreads for platform variety and educational resources.
FAQ - FP Markets vs IG in Hungary
Is FP Markets or IG better for Hungary?
+Can Hungary traders use both brokers legally?
+Which broker has lower spreads for Hungary traders?
+How do Hungary traders deposit at FP Markets and IG?
+Do both brokers offer Islamic accounts for Hungary?
+Final Verdict - Hungary 2026
For Hungary retail traders, FP Markets emerges as the stronger choice due to its lower trading costs, superior deposit options including Bank Transfer, Skrill, Neteller, and USDT TRC20, and higher overall rating (4.7/5). While IG offers excellent platforms and global reputation, FP Markets’ cost-effectiveness and local payment flexibility better suit Hungary traders’ needs. Both brokers are regulated by the local financial regulator, ensuring safety. If you prioritize low costs and fast deposits, choose FP Markets. If you prefer advanced platforms and brand prestige, IG is still a solid option.
