IQ Option Magyarország (Hungary) – All you should know

IQ Option does accept traders from Hungary (Magyarország), so if you live in this country, you can trade with IQ Option. To learn more about the trading conditions which IQ Option has for traders from Hungary (Magyarország) please read this article. You can also check out our IQ Option Review or visit the broker’s website.

Broker Regulated by Regulatory agencies ensure that brokers operate in a transparent and honest way. They protect the best interests of clients and also feature an investor compensation scheme which protects trader's deposits up to a certain limit. Some of the major regulators in the industry include the CySEC in Cyprus, the FCA in the UK and the ASIC in Australia. Min. deposit Trading platform A trading platform is a computer or mobile software program used to execute transactions within the financial markets. Demo Special features A list of features that provide a given broker with a competitive edge. Ad Disclosure The table below contains links to 3rd party websites of our top partners from whom we receive compensation at no additional cost to you.
CySEC €$10 In-house built platform €10,000 Free Practice Account
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
83% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Don’t you live in Hungary (Magyarország)? If that’s the case, please refer to our article Does IQ Option accepts traders from my country? as different trading conditions might apply to you.

Is IQ Option Regulated?

Yes, IQ Option is regulated by the CySEC (Cyprus Securities and Exchange Commission) in Cyprus. The CySEC regulation gives IQ Option the right to provide cross-border services to other members of the European Economic Area.

IQ Option Hungary (Magyarország) – Overview of the trading conditions

Now when we have established that IQ Option welcomes traders from Hungary (Magyarország), let’s talk about the trading conditions this broker has prepared for them. First of all, IQ Option features its own in-house built platform where you can as a trader from Hungary (Magyarország) trade CFDs on forex, commodities, indices, stocks, ETFs and cryptocurrencies. To trade all these assets and trading instruments, you can either open a free demo on which you can trade with play money. Or you can open a real account, the IQ Option minimum deposit is in Hungary (Magyarország) €10 (or equivalent in other currency) and the minimum investment is set at €1.

IQ Option Deposit and withdrawals methods supported in Hungary (Magyarország)

IQ Option support in almost every country the following funding methods: Credit and debit cards (Visa, MasterCard), Neteller, Skrill, Webmoney and bank transfers. However, IQ Option deposits and withdrawal methods in Hungary (Magyarország) are extended by these funding methods: Paypal, Sofort.

It is recommended to use the same deposit and withdrawal method so IQ Option could easily verify that you are the person who made the deposit. IQ Option does not charge any deposit nor withdrawal fees (with the exception of a bank withdrawal where a 25€ fee applies (or equivalent in other currency).

How long does it take to receive money from IQ Option?

If you are based in Hungary (Magyarország) and you use an e-wallet to fund your account, it will take only a couple of seconds for funds to appear in your real account (the same goes for e-wallet withdrawals). Card deposits appear almost instantly and withdrawals are processed within 24 hours. Bank deposits appear as soon as your bank processes and send the payment, bank withdrawals are processed by IQ Option within 24 hours.

Available leverage for traders from Hungary (Magyarország)

As mentioned before, traders from Hungary (Magyarország) can trade on the IQ platform CFDs on forex, stocks, commodities, ETFs, cryptocurrencies and indices. Here is a table of maximum leverage that is available exclusively to traders from Hungary (Magyarország).

Asset category Maximum leverage
Major currency pairs 1:30
Minor and exotic currency pairs 1:20
Stocks 1:5
Cryptocurrencies 1:2
ETFs 1:5
Indices 1:10 for HK 50, 1:20 for others
Commodities 1:20 for Gold, 1:10 for others

The table was updated on 29.03.2020 for which it is accurate.

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83% of retail investor accounts lose money when trading CFDs with this provider.