ASIC, CySEC, DFSA +2 more
List of Forex brokers with Hungarian Forint accounts
Hungary, even though dem don dey EU member state since 2004, still dey use dia own currency. The Hungarian Forint (HUF) na the official currency of Hungary. If you dey live for Hungary and you dey do transaction wey you dey use Hungarian Forint, if you choose trading account wey dey use HUF, e go helep you avoid fees wey dey involved for currency conversion. But e good make you know say no be all brokers dey offer HUF account types. To help you make selection easy, we don review plenty brokers and compile list of the top brokers wey support Hungarian Forint as account currency.
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
Platforms
MT4, MT5
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
MT4MT5Copy tradingECNHigh leveragePAMMSTP
Regulations
CMA, Central Bank of Curaçao and Sint Maarten, CySEC +5 more
Platforms
MT4, MT5
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSTP
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
The Hungarian Forint (HUF) no be commodity currency and wetin happen for politics and economy fit affect the value. As free-floating currency, Forint dey actively dey trade for Forex market. Dem introduce am first for 1946 and afta World War II, Hungary start to print plenty money to address dia debt and the whole tin lead to high inflation.
Between 2002 and 2021, inflation rate for Hungary dey move up and down between -0.2% and 8%. But for 2022, the country see inflation rate of 14.6% wey pass the one wey European Union dey experience wey dey around 8%.
E important make you know say Forint no too dey stable like big currencies wey be Euro (EUR) and US Dollar (USD). So before you open account wey dey use HUF, make you consider the inflation environment and how e go take affect the currency stability.