eToro's zero-commission real stocks and fractional share offering make it accessible for beginners, though its USD-denominated accounts mean non-US investors face FX conversion costs on every transaction.
Read ReviewMNB
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Regulated jurisdiction with established oversight, though with fewer investor protections than Tier 1.
Maximum retail client leverage under this jurisdiction.
Hungary's Magyar Nemzeti Bank (Central Bank of Hungary) acts as both the central bank and the integrated financial supervisory authority, overseeing investment firms under EU MiFID II. MNB-authorised brokers can passport services across the EU and retail clients receive ESMA leverage caps and investor protection up to EUR 100,000. International brokers typically serve Hungarian clients via EU passporting.
Verify on official register
Check a broker's licence status directly on MNB's public register.
MNB Regulated Stock Brokers
2 brokers
easyMarkets offers share CFDs with fixed spreads and guaranteed stop-loss under CySEC and ASIC regulation - unique risk management tools for equity markets.
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Find my brokerFrequently Asked Questions
MNB is classified as a Tier 2 regulator. Regulated jurisdiction with established oversight, though with fewer investor protections than Tier 1.
We currently list 2 stock brokers regulated by MNB. The full list is shown above, sorted by overall trader rating.
MNB is based in Hungary and covers the European Union jurisdiction. As a Tier 2 regulator, it provides meaningful oversight, though investors should also verify whether a broker holds an additional Tier 1 licence for added protection.
Visit the official MNB website and use their public register or licence verification tool. Enter the broker's registered name or licence number to confirm its status. This is the most reliable way to check a broker's regulatory standing.
Compensation availability depends on the specific rules of MNB in Hungary. Tier 1 regulators typically operate investor compensation schemes covering a portion of client funds. Check the regulator's official guidance for current limits and eligibility criteria.