The free TBSZ
Reduce income tax
Invest in ETFs for free
Earn interest
TBSZ the way it should be
No opening, holding or withdrawal fees
Over 3,900 stocks, funds and bonds from the US, UK and European markets. As well as diverse ETFs from some of the world’s largest fund managers.
Lightyear TBSZ is free - no opening, holding or withdrawal fees.
Take your tax to 0
Built for your future
No more high fees
 |  |  | ||
|---|---|---|---|---|
TBSZ opening fee | Free | Free | Free | Free |
TBSZ holding fee | Free | Ft 2,000/month | From 0.09% min. Ft 976 or yearly 0,12% | Ft 350/month |
Withdrawals to a bank account not associated with the the broker | Free | Ft 6,000 / €1 1 free withdrawal per month | 0.2% min Ft 990, Ft 16.022 | 0.2% min. Ft 842, max Ft 13.624 |
ETFs per successful order | Free from Lightyear trading fees | From 0.05% €1.25 min | 0.5% | 0.45% €7 min |
US shares per successful order | $1 max | $0.0035/share $0.35 min | From 0.5% $7,99 min | 0.45% $7 min |
EU shares per successful order | 1€ | 0.05% €1.25 min | 0.5% $7,99 min | 0.45% €7 min |
Currency conversion (FX) | 0.35% | 0.2% €2 min | Variable Based on total amount & currency | ~0.7% |
Comparison as of 08/11/2024. Information shown is based on competitors' websites information. For the most up to date data, please visit the respective websites.
Interactive Brokers: Plans differ depending on where you're located. Above, the Tiered Pro plan is represented. Other plans offered are Tiered and Fixed with a minimum per order being €4.00, or starting at 0.05%, which might vary depending on the country.
OTP Bank: Pricing might vary depending on the account plan you're on.
Erste: Pricing might vary depending on the account plan you’re on.
Keeping your money safe
We safeguard your cash with authorised banks & financial institutions
Your assets are yours, no one else’s
Anything and everything about TBSZ
What is a "Tartós Befektetési Számla" or TBSZ?
A Tartós Befektetési Számla (TBSZ) is a tax-advantaged Long-term Investment Account for Hungarian tax residents. The main benefit is a reduced tax rate on investment returns, which is either 10% or 0% (down from the standard 15%) after 3 or 5 years, respectively.
To open a TBSZ account, you must be:
- Over 18 years old
- A Hungarian tax resident
- A Hungarian resident
Can I earn interest on uninvested money in the TBSZ account?
The Hungarian law currently only allows banks to pass on interest on the money users hold in their TBSZ account. As a regulated investment service provider, today, we can only pay interest on your money in your general Lightyear account.
Within the TBSZ account, you can make the most out of today’s high interest rates with BlackRock’s money market funds.
How can I open a TBSZ account with Lightyear?
To open a TBSZ account, you must be:
- Over 18 years old
- A Hungarian tax resident
- A Hungarian resident
To open the account, you need to:
- Open or log in to your personal account
- Navigate to your profile on the top left corner of the app
- Click on “Add another account”
How do I put money into a TBSZ account?
You can get started with just 25,000 HUF, and there’s no maximum limit. We support the same currencies that your general account supports. Note that you can only deposit during your collection year (the calendar year you opened the account).
- Deposit money into your general Lightyear account
- When your money has arrived, move it into your TBSZ account: Select the 'Deposit/Befizetés' button in your TBSZ Cash Balance and choose your Lightyear balance as a deposit method