The only
free TBSZ
What gives the edge to our TBSZ?
It's free — no opening, holding or withdrawal fees
No more emails, long waiting times or office visits to manage your account.
Up to 5.60% interest with money market funds
Hold & invest in Ft € $ £
How we compare
 |  |  | ||
|---|---|---|---|---|
TBSZ opening fee | Free | Free | Free | Free |
TBSZ holding fee | Free | Free | Ft 199/month | Ft 350/month |
Withdrawals to a bank account not associated with the the broker | Free | Ft 6,000 / €1 1 free withdrawal per month | 0.25% min. 500 Ft max. 20,000 Ft | 0.45% min. 500 Ft, max. 15,000 Ft |
Euro ETFs traded on XETRA | Free from Lightyear trading fees | From 0.05% €1.25 min | 0.6% on buys sell fees vary | 0.45% €7 min |
US shares per successful order | $1 max | $0.0035/share $0.35 min | 0.12% – 0.34% $6.99 min | 0.45% $7 min |
EU shares per successful order | 1€ | 0.05% €1.25 min | 0.12% - 0.34% €6.99 min | 0.45% €7 min |
Currency conversion (FX) | 0.35% | 0.002% €2 min | 1% | ~0.7% |
Comparison as of 03/01/2024. 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 shown. Other plans offered are Tiered and Fixed with a minimum per order of €4.00, or starting at 0.05%, which might vary depending on the country. TBSZ fees here, others here.
K&H: Pricing might very depending on the account plan you're on.
Erste: Pricing might very depending on the account plan you’re on.
Asset types to suit every investor
3,000+ US stocks across the NYSE and Nasdaq.
Keeping your assets protected
Regulated in the EU & UK
Safeguarding your assets
Keeping your account safe
You might be asking
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