Summary

Recommended for investors from Hungary looking for low fees

Random Capital is a Hungarian stockbroker that was founded in 2008. The company was acquired in 2021 by the Erste Group, which is listed on the Vienna Stock Exchange. Random Capital is regulated by the Hungarian National Bank.

Random Capital accepts online only Hungarian residents as clients, but it does offer access to some international stock exchanges.

We consider it a reputable broker because of its banking background, and the parent company's transparent financial reporting and stock exchange listing.

Random Capital pros and cons

Random Capital offers low trading and non-trading fees. It has a banking background and its services include a good education section.

On the negative side, the trading platforms are not user-friendly, and the mobile platform is especially cumbersome. You can only use bank transfer to deposit funds, and account opening is slow and not user-friendly.

Pros Cons
Low trading and non-trading fees Trading platforms poor quality
Banking background No credit/debit cards or e-wallets
Good education section Account opening slow and not user-friendly
Random Capital main features and highlights
🗺️ Country of regulation Hungary
💰 Trading fees class Low
💰 Inactivity fee charged No
💰 Withdrawal fee amount $2
💰 Minimum deposit $0
🕖 Time to open an account >3 days
💳 Deposit with bank card Not available
👛 Depositing with electronic wallet Not available
💱 Number of base currencies supported 3
🎮 Demo account provided Yes
🛍️ Products offered Stock, ETF, Bond, Futures, Crypto

Random Capital review
Fees

4.5
To find out more about its trading and non-trading fees, visit Random Capital

or
Compare to its best reviewed alternative: Interactive Brokers
Random Capital has low trading and non-trading fees. It also offers discounted trading fees for daytraders and has no inactivity fees, although there is a fee for withdrawals.
Pros Cons
Low trading fees Withdrawal fee
Low non-trading fees
No inactivity fee
Random Capital fees snapshot
Assets Fee level Fee terms
US stock Low 0.2% per transaction, minimum of $2
EURUSD - Not available
Mutual fund - Not available
Inactivity fee Low No inactivity fee

How we ranked fees

We ranked Random Capital's fee levels as low, average or high based on how they compare to those of all reviewed brokers.

First, let's go over some basic terms related to broker fees. What you need to keep an eye on are trading fees and non-trading fees.

In the sections below, you will find the most relevant fees of Random Capital for each asset class. For example, in the case of stock investing the most important fees are commissions.

We also compared Random Capital's fees with those of two brokers we selected: Interactive Brokers, a leading global brokerage that is available in Hungary, and KBC Equitas, another local broker firm. This selection is based on objective factors such as products offered, client profile, fee structure, etc. See a more detailed rundown of Random Capital alternatives.

To have a clear overview of Random Capital, let's start with its trading fees.

Random Capital trading fees

Random Capital trading fees are low.

Hungarian stock and ETF fees

The normal commission at Random is 0.2%, with a minimum of HUF 199, however, if your trade is considered a daytrade (both the buy and the sell leg are on the same day), then the commission is only 0.1%, with a minimum of HUF 199.

For comparison: The normal commission at KBC for basic accounts is 0.35%, while Interactive Brokers charges a 0.1% fee, with a minimum of HUF 199.

International stock and ETF fees

Random Capital has generally low stock and ETF commissions, although not as low as Interactive Brokers. The table below shows normal commissions for US and German stocks.

Random Capital stock and ETF commission of a $2,000 trade
  Random Capital Interactive Brokers KBC Equitas
US stock $4.0 $1.0 $8.0
UK stock - $4.2 $14.0
German stock $7.8 $3.6 $8.4

Commissions are halved if you close your positions on the same day they were initiated, which is a nice discount for active daytraders.

Random Capital stock and ETF commissions
Market Daytrades Normal trades
German (Xetra) 0.15%, €6.5 minimum 0.25%, €6.5 minimum
France (Euronext Paris) 0.15%, €6.5 minimum 0.30%, €6.5 minimum
US 0.10%, $2 minimum 0.2%, $2 minimum

You can also trade several exchange-traded notes (ETNs) and products (ETPs) in the crypto space. The commissions are the same as for regular equities.

Bond fees

At Random Capital you can invest only in Hungarian Government Bonds (MAP+, PMAP, DKJ). Buying is free of charge, with the exception of Discount Treasury Bonds (DKJ in Hungarian).

Futures fees

You can only trade BUX future contracts at Random Capital. The BUX index is the official index of blue-chip shares listed on the Budapest Stock Exchange.

The commission charged is HUF 75/contract, which is markedly lower than what KBC Equitas, a Hungarian competitor broker, offers (HUF 210-300 depending on account type).

Non-trading fees

Random Capital has low non-trading fees.

No inactivity fee is charged by Random Capital. It's also great that no account fee is charged at Random Capital, while KBC charges account fees.

There is a charge for withdrawals however: 0.1% of the withdrawn amount, with a minimum of HUF 500 or €/$15. The maximum fee is HUF 20,000 or €/$80. In the table below, we calculated the costs for HUF withdrawals.

Random Capital non-trading fees
  Random Capital Interactive Brokers KBC Equitas
Account fee No No Yes
Inactivity fee No No No
Deposit fee $0 $0 $0
Withdrawal fee $2 $0 $5

 

Random Capital review
Account opening

2.5
To experience the account opening process, visit Random Capital

or
Compare to its best reviewed alternative: Interactive Brokers
Random Capital offers a fully digital account opening process with no minimum deposit. However, the process is quite slow and extremely cumbersome.
Pros Cons
Fully digital Slow
No minimum deposit Not user-friendly
TBSZ, NYESZ accounts in Hungary

Can you open an account?

Visit broker

Online account opening is not available for corporate accounts or for Hungarian residents who don't have Hungarian government IDs (e.g. a foreign student in Hungary).

What is the minimum deposit at Random Capital?

The required Random Capital minimum deposit is $0.

Account types

Random Capital offers both individual and corporate accounts, however, corporate accounts can be opened only in person.

Hungarian individuals can also open tax-advantaged accounts (NYESZ and TBSZ). The annual fee of a NYESZ account is HUF 2,000, as prescibed by Hungarian law.

How to open your account

Random Capital has a fully digital account opening process for Hungarians and for individual accounts. The online registration however is relatively lengthy, it took about 30-60 minutes for us. After that, account verification took another more than 3 days.

At Random Capital you have to provide information on an eye-popping 11 separate pages; these are the documents you need to review:

  • Identification form
  • Beneficial-owner declarations
  • FATCA statement
  • Declaration for tax residence under the CRS
  • Key public statement
  • Statement on the management of a client account, a securities account and the use of other related services
  • Risk Disclosure Statement
  • Privacy Policy

 

Account opening is a very lengthy process at Random Capital. This is demonstrated by the fact that we detailed the process in 12 separate steps below - a record in BrokerChooser's experience. At most brokers, it is covered in 4-6 steps.

The steps of Random Capital account opening:

  1. Go to the Random Capital website.
  2. Click the orange 'Számlanyitás' tab in the top navigation bar.
  3. Click the blue 'Szeretnék számlát nyitni' button, which will bring you to the first page of the account opening process. Here you can read the above mentioned documents.
  4. Select the account type.
  5. Provide personal information.
  6. Provide your contact information.
  7. Provide your bank account number.
  8. Add a phone password, account username and account password.
  9. You get a customer number.
  10. Fill in the financial compliance test.
  11. You receive an email with a link where you can upload the following documents that require your customer number:
    • Official certificate certifying home address
    • Identity card or driving license or passport
    • Tax card
    • Bank account agreement or a bank account statement in your own name that you want to use for making or withdrawing payments
  12. Proceed through the required steps and present the required identification documents: 
    • Proof of identity: national ID / passport / driver's license
    • Proof of residency: address card
    • Tax card
    • Bank contract or bank account statement

Random Capital review - Account opening

Random Capital review
Deposit and withdrawal

1.8
To find out more about the deposit and withdrawal process, visit Random Capital

or
Compare to its best reviewed alternative: Interactive Brokers
Deposit and withdrawal is not user-friendly at Random Capital, and credit/debit cards and electronic wallets are not available as options. Also, no free withdrawals are provided.
Pros Cons
No deposit fee Credit/Debit card not available
Several account base currencies Not user-friendly
Quick deposit and withdrawal No electronic wallets available
No free withdrawals

Account base currencies

At Random Capital, you can choose from 3 base currencies: HUF, USD and EUR.

Base currencies at Random Capital vs similar brokers
  Random Capital Interactive Brokers KBC Equitas
Number of base currencies 3 23 11

This selection is adequate since you can only trade products that are denominated in these currencies. A major shortcoming though is that you can only convert currencies from and to HUF. So for example, you cannot convert EUR directly to USD.

Remember that if you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you don't have to pay a conversion fee.

A convenient way to save on currency conversion fees is by opening a multi-currency bank account at a digital bank. These usually offer bank accounts in several currencies with great currency exchange rates, as well as free or cheap international bank transfers. Opening an account only takes a few minutes on your phone. Random Capital accepts deposits from digital banks.

Compare digital banks

Deposit fees and options

Random Capital charges no deposit fees.

Random Capital deposit options
  Random Capital Interactive Brokers KBC Equitas
Bank transfer Yes Yes Yes
Credit/debit card No No No
Electronic wallets No No No

A bank transfer can take several business days, however, HUF deposits from Hungarian banks are processed within hours. There is no credit/debit card or electronic wallets payment option offered, however.

You can only deposit money from accounts that are in your name.

Random Capital review - Deposit and withdrawal - Deposit

Random Capital withdrawal fees and options

There is a withdrawal fee of 0.1% of the withdrawn amount, with a minimum charge of HUF 500 or €/$15. The maximum charge is HUF 20,000 or €/$80. 

In the table below, we calculated the costs for HUF withdrawals.

Random Capital withdrawal fees and options
  Random Capital Interactive Brokers KBC Equitas
Bank transfer Yes Yes Yes
Credit/debit card No No No
Electronic wallets No No No
Withdrawal fee $2 $0 $5

How long does it take to withdraw money from Random Capital? We tested the bank transfer withdrawal and it took 1 business day.

You can only withdraw money to accounts in your name.

How do you withdraw money from Random Capital?

  • Open the Netboon platform.
  • Go to 'Személyes' and 'Utalások'.
  • Fill in the form.
  • Click on 'TOVÁBB A JÓVÁHAGYÁSRA'.

Compare to other brokers

Random Capital review
Web trading platform

2.9
To try the web trading platform yourself, visit Random Capital

or
Compare to its best reviewed alternative: Interactive Brokers
Random Capital's Netboon is an intuitive platform but it is not too user-friendly, its customizability is limited and the design is a bit outdated.
Pros Cons
Clear fee report Not user-friendly
Two-step (safer) login Poor search function
Order confirmation Limited customizability (for charts, workspace)
Random Capital platforms to choose from
Trading platform Score Available
Web 2.9 stars Yes
Mobile 1.3 stars Yes
Desktop 3.3 stars Yes

Random Capital provides its own self-developed web trading platform called Netboon. It is available only in Hungarian.

Look and feel

The Random Capital web trading platform is not user-friendly, but it's OK for investors who don't place trades too often. The platform is not customizable, but it's quite intuitive so it's easy to use. The design is a bit outdated.

Random Capital review - Web trading platform

Login and security

Random Capital provides a two-step login which gives you more security.

Search functions

The products are categorized but the design is poor. You need to select the exchange venue (e.g. USA, Europe, USA-Pink) and select the instrument from a dropdown menu. You can use your keyboard keys to move the list, but this kind of search function is very outdated compared to other platforms we have tested.

Random Capital review - Web trading platform - Search

Placing orders

Netboon has an adequate variety of order types.

You can use the following order types: Limit, Market, Stop-Limit, Stop Market.

To get a better understanding of these terms, read our overview of order types.

There are also order time limits you can use: Day, Good 'til Canceled (GTC), Day 'Til Canceled (DTC), Immediate-or-cancel (IOC).

There is a handy confirmation screen showing the expected commission, and you can also choose to receive text or email notifications of successful trades, which is a great plus.

Random Capital review - Web trading platform - Order panel

Alerts and notifications

You can't set price alerts and notifications.

Portfolio and fee reports

Random Capital has clear portfolio and fee reports.

Visit broker

Random Capital review
Mobile trading platform

1.3
To try the mobile trading platform yourself, visit Random Capital

or
Compare to its best reviewed alternative: Interactive Brokers
Random Capital's mobile app has an OK search function and order confirmation. However, it is not user-friendly at all, and there is no safer login, price alerts or biometric login.
Pros Cons
Good variety of order types Not user-friendly
Order confirmation No two-step (safer) login
No price alerts
No Touch/Face ID login

Random Capital has its own mobile app. It is also available in English.

Look and feel

Random Capital's mobile trading platform is not user-friendly and a pain to use.

Random Capital review - Mobile trading platform

Login and security

Random Capital doesn't provide a two-step login for its mobile platform.

You can't log in using biometric authentication. Providing this feature would be more convenient.

Search functions

The mobile trading app has an OK search function. What is puzzling is that to initiate a sell trade of an existing position, we first had to search for the instrument and put it into the favorites list. Normally apps automatically add the instruments you already own to your lists.

Random Capital review - Mobile trading platform - Search

Placing orders

When testing on Android, we weren't able to enter in a decimal point and had to use Google's voice assistant to enter in a price that has a decimal in it – it's like whoever created this software never placed any trades in real life.

You can use the following order types: Market, Limit, Market-to-Limit, Stop Limit, Stop Market.

There are also order time limits you can use: Day, Good 'til canceled (GTC), Good 'til time (GTT), Immediate-or-cancel (IOC).

Random Capital review - Mobile trading platform - Order panel

Alerts and notifications

You cannot set alerts and notifications on the Random Capital mobile platform.

Visit broker

Random Capital review
Desktop trading platform

3.3
To try the desktop trading platform yourself, visit Random Capital

or
Compare to its best reviewed alternative: Interactive Brokers
Rondom Capital's Randi desktop platform has a safer login, a good variety of order types and is customizable. However, the platform is not user-friendly.
Pros Cons
Good customizability (for charts, workspace) Not user-friendly
Good variety of order types
Two-step (safer) login

Random Capital provides its own self-developed desktop trading platform called Randi. It is available in English and Hungarian.

Look and feel

The Random Capital desktop trading platform is not user-friendly, but it is customizable.

Random Capital review - Desktop trading platform

Login and security

Random Capital provides a two-step login for its desktop platform, which is safer than a simple login.

Search functions

The search functions are good.

Random Capital review - Desktop trading platform - Search

Placing orders

The Random Capital desktop platform has a good variety of order types.

You can use the following:

  • Limit, Market
  • Market-To-Limit
  • Stop-Limit
  • Stop Market
  • Take Profit/Stop Loss

There are also order time limits you can use:

  • Day
  • Good 'til Canceled (GTC)
  • Day 'Til Canceled (DTC)
  • Immediate-or-cancel (IOC)
  • Fill-or-Kill (FOK)
  • Book-or-cancel (BOK)

Random Capital review - Desktop trading platform - Order panel

Alerts and notifications

You can set alerts and notifications on the desktop trading platform.

Portfolio and fee reports

Random Capital has clear portfolio and fee reports.

Visit broker

Random Capital review
Markets and products

2.8
To dig even deeper in markets and products, visit Random Capital

or
Compare to its best reviewed alternative: Interactive Brokers
Random Capital gives access to many asset classes, including stocks, ETFs and Hungarian bonds and futures. Some products, such as forex or funds, are not available.

This selection falls behind competing brokers. Both Interactive Brokers and KBC Equitas offer more stock markets to trade on.

Random Capital asset classes
  Random Capital Interactive Brokers KBC Equitas
Stocks Yes Yes Yes
ETFs Yes Yes Yes
Forex No Yes No
Funds No Yes Yes
Bonds Yes Yes Yes
Options No Yes No
Futures Yes Yes Yes
CFDs No Yes No
Crypto Yes Yes Yes

Stocks and ETFs

At Random Capital, you can trade only on the following stock markets:

  • US: NYSE, NASDAQ, OTC (not all tickers are listed)
  • Europe: Xetra, Euronext Paris, Budapest (BET)
Random Capital stock and ETF selection
  Random Capital Interactive Brokers KBC Equitas
Stock markets (#) 6 78 27
ETFs (#) 450 13,000 1,000

For advanced users, Random Capital also has some leveraged products to trade Hungarian-listed companies: using the tLong and tShort services, you can go long or short for as long as 30 days, using up to 5x leverage.

Bonds

At Random Capital you can invest only in Hungarian government bonds (MAP, 1MAP, PMAP, MAP+, DKJ), which is similar to what KBC Equitas offers.

Random Capital bond selection
  Random Capital Interactive Brokers KBC Equitas
Bonds (#) 110 60,000 2

Futures

Random Capital offers only one futures contract - on the BUX (Budapest Stock Exchange). This is similar to KBC Equitas's offer.

Random Capital futures selection
  Random Capital Interactive Brokers KBC Equitas
Futures markets (#) 1 32 1

Cryptos

You can trade several listed ETNs and ETPs in the crypto space. This selection is average compared to similar brokers.

Random Capital crypto selection
  Random Capital Interactive Brokers KBC Equitas
Cryptos (#) 4 4 4

Random Capital review
Research

2.4
To check the available research tools and assets, visit Random Capital

or
Compare to its best reviewed alternative: Interactive Brokers
Random Capital's research services are poor, including a lack of trading ideas and fundamental data. However, it does provide good interactive charts on the desktop platform.
Pros Cons
Good interactive chart No trading ideas
Technical analysis for some stocks No fundamental data available

Trading ideas

Random Capital does not provide trading ideas, however, it regularly publishes technical analyses on selected stocks, most notably on Hungarian blue chips.

Fundamental data

Random Capital does not offer fundamental data on assets.

Charting

Random Capital has good charting tools. You can use 78 technical indicators.

Random Capital review - Research - Charting

Compare research pros and cons

Random Capital review
Customer service

3.1
To find customer service contact information details, visit Random Capital

or
Compare to its best reviewed alternative: Interactive Brokers
Random Capital has fast email support. However, there is no live chat and they are available on weekdays only.
Pros Cons
Phone support No live chat
Fast response time No 24/7 support
Good email support

You can contact Random Capital via:

  • phone
  • email

Random Capital has great email support. It is fast and we always received relevant responses.

The answers we received from phone support however were not always totally clear.

There is no live chat.

We missed 24/7 availability, as the broker provides customer support only on weekdays.

Random Capital review - Customer Service

Visit broker

Random Capital review
Education

4.0
To check the available education material and assets, visit Random Capital

or
Compare to its best reviewed alternative: Interactive Brokers
Random Capital offers trading platform tutorial videos, webinars, educational texts and demo accounts. On the negative side, there are no general educational videos.
Pros Cons
Demo account No educational videos
Trading platform tutorial
Webinars
Quality educational texts

At Random Capital you can learn in the following ways:

  • Demo account
  • Platform tutorial videos
  • Webinars
  • Quality educational articles

Random Capital review - Education

Visit broker

Random Capital review
Safety

To find out more about safety and regulation, visit Random Capital

or
Compare to its best reviewed alternative: Interactive Brokers
Random Capital has a banking background, its parent firm is listed on a stock exchange and it provides investor protection. However, there is no negative balance protection.
Pros Cons
High level of investor protection No negative balance protection
Banking background
Listed on stock exchange

Is Random Capital regulated?

Yes, it is regulated by the National Bank of Hungary (MNB).

Is Random Capital safe?

To be certain if a brokerage is safe, we highly advise that you check two facts:

  • how you are protected if something goes wrong
  • what the background of the broker is

How you are protected

Random Capital investor protection
Country of clients Protection amount Regulator Legal entity
Hungary €100,000 National Bank of Hungary (MNB) Random Capital Zrt.

Random Capital does not provide negative balance protection. If the balance on your account goes into negative, you will not be protected. Ultimately, we don't think this would be a concern as Random Capital is not a CFD/forex broker.

Background

Random Capital is based in Hungary and was founded in 2008. The longer track record a broker has, the more proof we have that it has successfully survived previous financial crises.

It has a banking background, as its parent company Erste Bank is listed on the Vienna Stock Exchange. These are all great signs for Random Capital's safety.

Find your safe broker

Random Capital review
Bottom line

Visit Random Capital if you are looking for further details and information

or
Compare to its best reviewed alternative: Interactive Brokers

Random Capital is a transparent and secure brokerage held by Erste, a financially stable banking group, that is listed on the Vienna Stock Exchange. 

We rated Random Capital favorably because of its low fees and the safety it provides for account holders.

Unfortunately, Random Capital's proprietary trading platforms are quite poor, especially for active traders. Other drawbacks include a slow and not too user-friendly account opening process and the fact that only bank transfer can be used to move money.

If you are looking for a Hungarian online broker with good fees, you can go ahead and give Random Capital a try, as the trading and non-trading fees are low.

Visit broker

Random Capital review
FAQ

We recommend Random Capital for Hungarian investors and traders looking for low fees.

Below you can find links to all aspects of Random Capital in this comprehensive collection.

Lower fees, lower costs?

We detailed this in our Random Capital fees article.

What about the minimum deposit?

Our ultimate guide to the Random Capital minimum deposit is updated regularly.

How to start your Random Capital account?

Look no further than our evaluation of the Random Capital account opening.

How's their trading app?

Here's our expert view after checking the Random Capital trading app.

Is the quality of customer service satisfactory?

All you need to know about the Random Capital customer service.

Legit or scam?

Is Random Capital legit features all the key aspects you need to look at to see if a broker is safe and legit.

Free or premium? Or both?

A glance at actual costs and whether Random Capital is really free.

Is this broker good for beginners?

We checked it in Is Random Capital good for beginners.

Should you buy your silver bullets on Random Capital?

Research for silver bugs in the Silver buy on Random Capital guide

I want to trade options, are they available at Random Capital?

We explored the topic in Can you trade options on Random Capital?

What is the minimum account balance at Random Capital?

Check out the current account balance requirements at Random Capital in our What is the minimum account balance at Random Capital article.

Looking for commission and fees data for Random Capital?

We collected them in Random Capital commission and fees.

How do you withdraw money from Random Capital?

We tested it and collected the options and costs in How to withdraw money on Random Capital.

Author of this review

Krisztián Gátonyi

Author of this review

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. He received his MSc degree in International Business from the University of Middlesex. He is interested also in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

Krisztián Gátonyi

Senior Broker Expert

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. He received his MSc degree in International Business from the University of Middlesex. He is interested also in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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