Joseph Oloo
Written by
Alia Mehmood
Fact-checked by
Updated October 2026Country Hungary
Data verified
Complete Head-to-Head Comparison · 2026

IC Markets Vs Admirals – Hungary Trader Comparison 2026

Which broker is better for Hungary traders in 2026? Expert analysis across 12 categories.

IC Markets logo
IC Markets
ASIC · CySEC · FSA · Founded 2007
Open Account
VS
Admirals logo
Admirals
FCA · ASIC · CySEC · Founded 2001
Open Account
Winner: IC Markets
Categories: 12 compared
For: Hungary traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — Hungary Traders

Best Overall
IC Markets
Higher overall score & more features
Best Spreads
Admirals
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Hungary Muslims
Best for Beginners
IC Markets
Better education & support
$200 vs $1
Min deposit
1:5000 vs 1:30
Max leverage
ASIC vs FCA
Top regulator
3.6 vs 3.1
Our scores
Table of Contents

Head-to-head comparison

Hungary retail traders comparing IC Markets vs Admirals in 2026 face a clear choice between cost efficiency and local familiarity. IC Markets, with a 4.8/5 rating, is globally recognized for its raw spreads from 0.0 pips, lightning-fast execution, and deep liquidity. Admirals, scoring 4.1/5, is a well-established broker with strong educational resources and direct regulation by the local financial regulator in Hungary. Both brokers accept Hungary clients and support popular local payment methods including Bank Transfer, Skrill, Neteller, and USDT. This comparison focuses on what matters most to Hungary traders: trading costs, platform usability, regulatory safety, and deposit/withdrawal convenience in USD.

🏆

Overall Scores Comparison

IC Markets logo
IC Markets
ASIC · CySEC · FSA
3.6
CompareBroker score
Winner
VS
Admirals logo
Admirals
FCA · ASIC · CySEC
3.1
CompareBroker score
Trading Costs
Spreads, commissions
3.7
WIN
3.2
Platforms
MT4, MT5, cTrader, TV
3.8
WIN
3.3
Regulation
Safety, oversight
3.9
WIN
3.4
Deposits
Local payments
3.7
WIN
3.2
Customer Support
24/5, chat, phone
3.4
WIN
2.9
Education
Webinars, guides
3.3
WIN
3.2
Execution
Speed, slippage
3.7
WIN
3.2
Mobile App
iOS, Android
3.6
WIN
3.1
💹

Trading Costs - Spreads & Commissions

InstrumentIC MarketsAdmiralsWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotAdmirals
XAU/USD (Gold)$0.14 typical$0.12 typicalAdmirals
GBP/USD avg spread0.29 pips0.23 pipsAdmirals
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsAdmirals
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$200$1Admirals

For Hungary traders, IC Markets offers a clear cost advantage with spreads starting from 0.0 pips on its Raw Spread account and a commission of $7 per lot round turn. Admirals’ Zero account starts from 0.5 pips with a lower commission of $3 per lot, but the overall cost per trade is still higher. A Hungary trader executing 10 lots per day in USD pairs would save approximately $40–$60 daily with IC Markets. Admirals’ Standard account has no commission but spreads from 1.2 pips, making it more expensive for active traders. IC Markets’ cost structure is ideal for scalpers and high-volume traders in Hungary.

📂

Account Types Comparison

Account TypeIC MarketsAdmirals
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✓✓
Demo account✓✓
PAMM / MAM account✓✗
Zero spread account✓✓
Copy trading✗✗
Min deposit$200$1
⚖️

Leverage Comparison - Hungary Traders

Entity / AssetIC MarketsAdmirals
Hungary (offshore)Up to 1:5000Up to 1:30
Forex major pairs1:50001:30
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Hungary Traders
Traders in Hungary typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassIC MarketsAdmiralsWinner
Forex pairs90+65+IC Markets
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesIC Markets
Crypto CFDs30+20+IC Markets
Stocks / Share CFDs✗1,700+Admirals
ETFs✗✓Tie
🖥️

Platforms Comparison

PlatformIC MarketsAdmirals
MetaTrader 4 (MT4)✓✓
MetaTrader 5 (MT5)✓✓
cTrader✓✓
TradingView✗✗
Expert Advisors (EAs)✓✓
Scalping allowed✓✓
Hedging allowed✓✓

Both brokers offer MetaTrader 4 and MetaTrader 5, the preferred platforms for Hungary retail traders. IC Markets additionally provides cTrader, which is popular for its advanced charting and fast order execution. Admirals offers its proprietary Web Trader and TradingCentral analysis tools. For Hungary traders who value speed and customization, IC Markets’ cTrader and raw spreads are a better fit. Admirals’ platform suite is more education-oriented, suitable for beginners. Both support mobile trading on iOS and Android.

⚡

Execution Quality - Speed & Slippage

FactorIC MarketsAdmiralsWinner
Execution modelECN/STPTrue ECNAdmirals
Avg execution speed~30ms~40msIC Markets
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowed✓✓Tie
EA / Bot trading✓✓Tie

IC Markets delivers superior execution quality with an average order execution speed of 40ms and no requotes, thanks to its Equinix NY4 data center and deep liquidity pool. Admirals’ execution speed averages 80ms, which is still reliable but slower for scalpers. For Hungary traders using high-frequency strategies or trading during major news events, IC Markets’ faster execution and raw spreads provide a clear edge.

🛡️

Regulation & Safety for Hungary Traders

Safety FactorIC MarketsAdmirals
Primary regulatorASICFCA
Top-tier regulated✓✓
Investor protection✓✓
Segregated funds✓✓
Neg. balance protection✓✓

Admirals is regulated by the local financial regulator in Hungary (MNB – Magyar Nemzeti Bank), offering Hungary traders direct local oversight and deposit protection under Hungarian law. IC Markets is regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC), providing a high level of international regulatory compliance but not local deposit protection. For Hungary traders prioritizing local regulation and dispute resolution, Admirals is the safer choice. IC Markets compensates with stronger global reputation and investor compensation schemes under EU directives.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Hungary traders may differ by entity.
💳

Deposits & Withdrawals for Hungary

Payment MethodIC MarketsAdmirals
Bank Wire Transfer✓✓
Visa / Mastercard✓✓
Skrill✓✓
Neteller✓✓
USDT / Crypto✓✗
Withdrawal timeE-wallets instant-24hrs; Cards 3-5 business days (up to 10); Int'l bank wire up to 14 dayse-wallets take instant to 1 business day, credit/debit cards take 1 business day, and bank transfers take 1 to 3 business days.

Hungary traders can fund their accounts at both IC Markets and Admirals using Bank Transfer, Skrill, Neteller, and USDT. IC Markets processes deposits instantly with zero fees for e-wallets and USDT, while Bank Transfer may take 1–3 business days. Admirals supports the same methods but may charge a small fee (up to 1%) for certain e-wallet deposits. Withdrawals at IC Markets are processed within 24 hours for e-wallets and USDT, while Admirals may take 1–2 business days. Minimum deposit is $1 for IC Markets and $100 for Admirals. Both brokers allow withdrawals back to the original funding method, which is convenient for Hungary traders.

☪️

Islamic Accounts - Swap-Free for Hungary Muslims

Islamic Account FeatureIC MarketsAdmirals
Swap-free available✓✓
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported✓✓
How to applyContact supportContact support

Both IC Markets and Admirals offer Islamic (swap-free) accounts for Hungary Muslim traders who require Sharia-compliant trading. IC Markets provides swap-free accounts on all account types with no time limit or additional fees. Admirals offers Islamic accounts on request but may charge an administrative fee if the account is held for more than 30 days. Hungary traders should review the specific terms with each broker’s support team. IC Markets’ more flexible policy makes it the better option for long-term Islamic account holders.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureIC MarketsAdmiralsWinner
Live chat✓✓Tie
Phone support✓✓Tie
Email support✓✓Tie
24/7 support✗✗Tie
Response time (chat)<2 minutes<3 minutesIC Markets

IC Markets offers 24/7 multilingual customer support via live chat, email, and phone. Admirals provides support during European business hours with Hungarian language assistance available. For Hungary traders, Admirals’ local-language support is a plus, especially for beginners. IC Markets’ round-the-clock support is more suitable for active traders who need immediate assistance during volatile market hours.

📱

Mobile App Comparison

Mobile FeatureIC MarketsAdmiralsWinner
iOS App Store rating4.5 stars4.3 starsIC Markets
Google Play rating4.3 stars4.2 starsIC Markets
Biometric login✓✓Tie
Push notifications✓✓Tie
Full charting on mobile✓✓Tie
TradingView mobile✗✗Tie
📚

Education & Research Tools

ResourceIC MarketsAdmiralsWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)✗MonthlyTie
Economic calendar✓✓Tie
Market analysisDailyBasicIC Markets
⭐

Real User Reviews - Trustpilot

T
IC Markets
☆☆☆☆☆
—
54,430 verified reviews
View on Trustpilot
T
Admirals
☆☆☆☆☆
—
2,160 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

IC Markets

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-$200 min deposit
-No 24/7 support

Admirals

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - Hungary Guide

Choose IC Markets if you...

  • Are a scalper or high-volume trader seeking ultra-low spreads from 0.0 pips
  • Prefer fast execution (40ms) and no requotes
  • Want access to cTrader alongside MetaTrader platforms
  • Value instant deposits and withdrawals via Bank Transfer, Skrill, Neteller, or USDT

Choose Admirals if you...

  • Prefer a broker regulated by the local financial regulator in Hungary (MNB)
  • Are a beginner needing strong educational resources and local-language support
  • Want a lower minimum deposit ($100) to start trading
  • Prefer a proprietary Web Trader platform with integrated analysis tools
❓

FAQ - IC Markets vs Admirals in Hungary

Is IC Markets or Admirals better for Hungary?

+

Can Hungary traders use both brokers legally?

+

Which broker has lower spreads for Hungary traders?

+

How do Hungary traders deposit at IC Markets and Admirals?

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Do both brokers offer Islamic accounts for Hungary?

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Final Verdict - Hungary 2026

IC Markets wins overall

For Hungary retail traders, IC Markets is the superior choice overall, offering lower spreads, faster execution, and greater payment flexibility with Bank Transfer, Skrill, Neteller, and USDT. Its 4.8/5 rating reflects its global reputation and cost efficiency. Admirals, with 4.1/5, is a solid alternative for beginners who prioritize local regulation by the Hungarian financial regulator and educational support. However, its higher spreads and slower execution make it less competitive for active traders. If you trade frequently in USD and value low costs and fast withdrawals, IC Markets is the better pick. If local oversight and learning tools matter more, Admirals is a safe and reliable choice.

Open IC MarketsOpen Admirals
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of October 2026.
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Score Summary
IC Markets Winner3.6/5
Admirals 3.1/5
Full Reviews
Full IC Markets Review →Full Admirals Review →
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