Forex brokers offering trading accounts in Hungarian Forint (HUF)

 

Wire transfer in HUF should be quick if the operation is on a local level. Local bank transfers are almost never charged with a fee.

Credit Card transfers in HUF are instant, and is some rare cases can take some 1-2 minutes. Depending on the broker one has chosen, credit card fees will range from completely free to 2.5%-3% per transfer, including for deposits. This may not seem a hole lot, but consider that the transferable sum is in the thousands, then these 2-3% become quite the substantial load.

One of the most common e-payment method that is utilized by brokers offering HUF as a base currency is Skrill.

Skrill charges 1.45% out of each uploaded sum, and processes said funds instantly. Money received via Skrill is free of any charge.

The name Forint comes from Florence during the Renaissance. Back then gold coins were called fiorino d’oro.

Today the HUF has six denominations:.They are 500, 1000, 2000, 5000, 10,000, and 20,000.

The currency is subdivided into 100 filler. However, these are not used today.