If you are on the lookout for the most trustworthy broker catering to Greek traders, we suggest checking the list of licensed forex brokers we have reviewed below. Our team of expert traders has explored the tools and platforms that each brand is offering by funding their trading accounts with real money. That way, we can truly assess which broker will offer the ultimate forex experience to Greek investors.
Greek Forex Brokers Ranked by Trustpilot Score
Forex Broker | Trustpilot Reviews | |
---|---|---|
1. Fusion Markets | 1,862 | 4.9 ⭐ |
2. FP Markets | 7,092 | 4.8 ⭐ |
3. IC Markets | 39,709 | 4.6 ⭐ |
4. Forex.com | 1,668 | 4.6 ⭐ |
5. BlackBull Markets | 808 | 4.6 ⭐ |
6. Trade Nation | 961 | 4.4 ⭐ |
7. Global Prime | 161 | 4.4 ⭐ |
8. eToro | 25,095 | 4.2 ⭐ |
9. CMC Markets | 2,090 | 4.2 ⭐ |
10. IG | 7,200 | 3.7 ⭐ |
Greek Forex Brokers Ranked by Spread Commission
Forex Broker | EURUSD | USDJPY | EURGBP | GBPUSD |
---|---|---|---|---|
1. BlackBull Markets | 0.1 | 0.2 | 0.7 | 0.4 |
2. FP Markets | 1.1 | 0.30 | 0.20 | 1.2 |
3. Fusion Markets | 0.07 | 0.13 | 0.23 | 1.01 |
4. Global Prime | 0.13 | 0.28 | 0.28 | 1.11 |
5. CMC Markets | 0.5 | 0.7 | 1.1 | 0.9 |
6. IG | 0.85 | 0.9 | 0.9 | 1.40 |
7. Trade Nation | 0.6 | 1.9 | 1.8 | 1.9 |
8. IC Markets | 0.8 | 0.8 |
| 0.8 |
9. eToro | 1.0 | 1.0 | 1.5 | 2.0 |
10. Forex.com | 1 | 1.2 | 1.3 | 1.3 |
Greek Forex Brokers Ranked by Commission per Lot
Forex Broker | Commission per lot |
---|---|
1. eToro | $0 |
2. IG | $0 |
3. Forex.com | $0 for Standard accounts; $5 per standard lot per side for Raw accounts |
4. Trade Nation | $0 |
5. Fusion Markets | $0 Classic Account, $4.50 round turn on Zero Account |
6. CMC Markets | $2.50 per lot (per side) |
7. FP Markets | $0 Standard Account; $6 round turn on Pro Account |
8. BlackBull Markets | $0 Standard; $6 per lot Prime; $4 per lot Institutional |
9. Global Prime | $0 Standard Accounts; $7 round turn on Raw Accounts |
10. IC Markets | $0 Standard MT; $6 round turn on Raw cTrader; $7 round turn on Raw MT |
ImportantNote: To be eligible to operate legally in Greece, brokers are required to obtain a license from the Hellenic Capital Market Commission (HCMC). This is the official financial regulatory body in Greece, ensuring that forex brokers are offering fair and safe trading conditions to their customers. We suggest you check the official website of the regulator to learn more about the way financial entities operating in Greece are being regulated.
Top 10 FX Brokers in Greece
Fusion Markets Broker Details Supports Greek No Greek Currency (EUR) Yes Regulators ASIC, FSA (Seychelles), VFSC (Vanuatu) Min Deposit $0 Trading Platforms MetaTrader4, MetaTrader5, cTrader, DupliTrade, Fusion+ Copy Trade, TradingView Trustpilot Rating 4.9 out of 1,862 reviews Number of Forex Pairs to Trade 90+ Leverage Forex & Metals: 1:30 (1:500 for forex and metals via VFSC)
Index CFDs: 1:5
Cryptocurrencies: 1:2 (ASIC), 1:10 (FSA, VFSC)Spread EURUSD: 0.07
USDJPY: 0.13
EURGBP: 0.23
GBPUSD: 1.01Forex Commission per Lot per Trade $0 Classic Account, $4.50 round turn on Zero Account Deposit Methods Visa, Mastercard, PayPal, Skrill, Neteller, Fasapay, Jeton Wallet, Perfect Money, Online Naira, Doku, Bitcoin, Ethereum, Litecoin, USDT, Tether, Ripple, bank wire, ZotaPay, VNPay, DuitNow, XPay, DragonPay, VAPay, FasaPay, AstroPay, PayID, Jetonbank, Sticpay, Interac, LuqaPay, Zotapay, MiFinity Withdrawal Methods Visa, Mastercard, Bank Wire, Skrill, Neteller,Bitcoin, Ethereum, Litecoin, Tether, Ripple, MiFinity, Interac, PayPal, AstroPay, Jetonbank, DragonPay Key Pros
- Offers some of the lowest spreads
- ASIC clients enjoy a negative balance protection
- Supports popular trading platforms
- Offers two copy trading platforms
- Supports fiat and crypto payment solutions
Key Cons
- Does not offer investor protection
- Traders outside Australia have no negative balance protection
- Cannot set up an account in a minor currency
- Has no FCA license
Global Prime Broker Details Supports Greek No Greek Currency (EUR) Yes Regulators ASIC (No. 385620), VFSC (No. 40256) Min Deposit $0 Trading Platforms MT4 Desktop, MT4 Webtrader, MT4 Android Trustpilot Rating 4.4 out of 161 reviews Number of Forex Pairs to Trade 56 Leverage Forex & Metals: 1:500 (1:30 for ASIC entity)
Index CFDs: 1:100 (1:20 for ASIC entity)
Cryptocurrencies: Up to 1:2 (ASIC); Up to 1:5 (Pro and VFSC)Spread EURUSD: 0.13
USDJPY: 0.28
EURGBP: 0.28
GBPUSD: 1.11Forex Commission per Lot per Trade $0 Standard Accounts; $7 round turn on Raw Accounts Deposit Methods Visa, Mastercard, PayPal, Skrill, Neteller, Gate8, Dragonpay, Fasapay, VNPay, Pagsmile, BPay, POLi, AstroPay, Bank Transfer, Interac, Perfect Money, PayID, Jeton, MiFinity, XPay, Crypto Withdrawal Methods Mastercard, Visa, Local Bank Transfer, Bank Wire Transfer, Skrill, Neteller, AstroPay, PayPal, Dragonpay, Perfect Money, Jeton, Interac, Cryptocurrencies
Key Pros
- Overseen by a top-tier financial regulator (ASIC)
- No fees on deposits and withdrawals
- Low fees for FX trading
- Streamlined sign-up process
- A broad range of currency pairs
Key Cons
- Could use more trading platforms
- A limited range of educational resources
- Does not offer Islamic or cent accounts
FP Markets Broker Details Supports Greek No Greek Currency (EUR) Yes Regulators ASIC, CySEC, FSA (Seychelles), FSCA, FSA (St. Vincent and the Grenadines) Min Deposit $50 (AU$100) Trading Platforms MetaTrader4, MetaTrader5, WebTrader, IRESS, cTrader, TradingView Trustpilot Rating 4.8 out of 7,092 reviews Number of Forex Pairs to Trade 70+ Leverage Forex & Metals: 1:30
Index CFDs: 1:20
Cryptocurrencies: Up to 1:2 (Retail); Up to 1:5 (Pro)Spread EURUSD: 1.1
USDJPY: 0.30
EURGBP: 0.20
GBPUSD: 1.2Forex Commission per Lot per Trade $0 Standard Account; $6 round turn on Pro Account Deposit Methods Visa, Mastercard, Neteller, Bank Transfer, Skill, Sticpay, Fasapay, Virtual Pay, Perfect Money, Pagsmile, Dragonpay, Crypto, Apple Pay, Google Pay, Online Banking, Broker to Broker, PayPal, XPay, Rapyd Withdrawal Methods Visa, Mastercard, Bank Wire, Neteller, Skrill, Paytrust88, PayPal Key Pros
- Offers plenty of educational trading tools
- Broker with competitive spreads
- Allows easy trading on the go
- Regulated by reputable authorities
- Offers a decent number of currency pairs
Key Cons
- Supported trading platforms are a tad outdated
- Could expand selection of products
- No negative balance and investor protection for clients under ASIC
eToro Broker Details Supports Greek No Greek Currency (EUR) Yes (eToro Money Account) Regulators FCA, CySEC, ASIC, MFSA, ADGM, FSA, FINRA/FinCEN, AMF, SEC, GFSC Min Deposit $50 or $100 based on country ($10 for the UK) Trading Platforms eToro Investing, eToro App, TradingView, eToro CopyTrader Trustpilot Rating 4.2 out of 25,095 reviews Number of Forex Pairs to Trade 55 Leverage Forex & Metals: 1:30
Index CFDs: 1:20
Cryptocurrencies: Up to 1:2 (European and Australian Retail traders) Up to 1:5 (Pro and FSA traders)Spread EURUSD: 1.0
USDJPY: 1.0
EURGBP: 1.5
GBPUSD: 2.0Forex Commission per Lot per Trade $0 Deposit Methods eToro Money, Visa, Mastercard, Neteller, PayPal, Skrill, iDeal, Klarna, Bank Transfer, Trustly, Przelewy24 Withdrawal Methods PayPal, Skrill, Visa, Mastercard, Neteller, Trustly, Bank Transfer Key Pros
- Offers trading with over 5,000 instruments
- Ideal for social and copy trading
- No commissions on forex trades
- Effortless registration process
- Offers negative balance protection
Key Cons
- Withdrawals are subject to additional processing fees ($5)
- USD is the only base account currency
- Charges inactivity fees on dormant accounts
IG Broker Details Supports Greek No Greek Currency (EUR) Yes Regulators ASIC, FCA, DFSA, CFTC, FMA, FINMA, BaFin, MAS, JFSA, FSCA, BMA (Bermuda) Min Deposit $50 Trading Platforms MT4, L2 Dealer, ProRealTime, IG proprietary software, TradingView Trustpilot Rating 3.7 out of 7,200 reviews Number of Forex Pairs to Trade 80+ Leverage Forex & Metals: 1:30
Index CFDs: 1:20
Cryptocurrencies: 1:2Spread EURUSD: 0.85
USDJPY: 0.9
EURGBP: 0.9
GBPUSD: 1.40Forex Commission per Lot per Trade $0 Deposit Methods Visa, Mastercard, Bank Transfer, Wire Transfer, Visa Electron, Discover, PayPal, Apple Pay, BPAY Withdrawal Methods Visa, Visa Electron, Mastercard, Discover, Bank Transfer Key Pros
- Towering selection of over 17,000 tradable markets
- Listed on the FTSE 250 index
- Competitive pricing and low forex spreads
- No fees on deposits or withdrawals
- Demo accounts for risk-free forex trading practice
Key Cons
- Payment options are a bit limited
- Customer support is slow to respond during busy hours
BlackBull Markets Broker Details Supports Greek No Greek Currency (EUR) Yes Regulators SFSA (No. SD045), FMA (No. FSP403326), FSA Min Deposit $0 (Standard)$2,000 (Prime)$20,000 (Institutional) Trading Platforms MT4, MT5, TradingView, cTrader, MT WebTrader, BlackBull Shares, BlackBull CopyTrader, BlackBull Trade, BlackBull Invest, ZuluTrade Trustpilot Rating 4.6 out of 808 reviews Number of Forex Pairs to Trade 70+ Leverage Forex & Metals: 1:500
Index CFDs: 1:500
Cryptocurrencies: 1:500Spread EURUSD: 0.1
USDJPY: 0.2
EURGBP: 0.7
GBPUSD: 0.4Forex Commission per Lot per Trade $0 Standard; $6 per lot Prime; $4 per lot Institutional Deposit Methods Visa, Mastercard, Neteller, Airtm, Skrill, Bank Transfer, HexoPay, American Express, POLi, Payment Asia, Help2Pay, FXPay, Fasapay, China Union Pay, Boleto, AstroPay, Beeteller, Bitcoin, Ethereum, Tether, Ripple, Litecoin, Bitcoin Cash, Chainlink, USD Coin, Stellar Withdrawal Methods Visa, Mastercard, Bank Transfer, Airtm, Skrill, Neteller, American Express, POLi, HexoPay, Payment Asia, Help2Pay, FXPay, China Union Pay, Boleto, Fasapay, Beeteller, AstroPay, Bitcoin, Litecoin, Bitcoin Cash, Tether, Ripple, Stellar, Chainlink, Ethereum, USD Coin Key Pros
- Uses proprietary copy-trading platform
- Swap-free trading via ECN Standard and Prime accounts
- Multi-platform support
- Provides a 24/7 customer support service
- Great Education Hub for traders looking to hone their skills
Key Cons
- High commissions per lot on Prime and Institutional accounts
- Charges a $5 fee on withdrawals
IC Markets Broker Details Supports Greek No Greek Currency (EUR) Yes Regulators FSA (Seychelles), CySEC, ASIC Min Deposit $200 Trading Platforms MetaTrader4, MetaTrader5, cTrader, ZuluTrade Trustpilot Rating 4.6 out of 39,709 reviews Number of Forex Pairs to Trade 61 Leverage Forex & Metals: 1:30
Index CFDs: 1:20
Cryptocurrencies: Up to 1:2 (Retail); Up to 1:5 (Pro)Spread EURUSD: 0.8
USDJPY: 0.8
EURGBP:- 0.00 (Raw)
- 1.00 (Standard)
GBPUSD: 0.8Forex Commission per Lot per Trade $0 Standard MT; $6 round turn on Raw cTrader; $7 round turn on Raw MT Deposit Methods Bank transfer, Visa, Mastercard, PayPal, Skrill, Neteller, Visa Direct, SafeCharge, Transact365, eCommPay, CardPay, Bpay, FasaPay, Poli, RapidPay, Klarna, Nuvei Withdrawal Methods Bank transfer, Visa, Mastercard, PayPal, Skrill, Neteller, Visa Direct, SafeCharge, Transact365, eCommPay, FasaPay, Poli, RapidPay, Klarna Key Pros
- Offers a large number of forex pairs to trade
- Great for forex traders due to low spreads
- Supports all industry-standard trading platforms
- Supports a wide range of payment solutions
- Low forex trading commission
Key Cons
- Non-EU customers have no investor protection
- Not listed on stock exchange
- List of products can be further expanded
CMC Markets Broker Details Supports Greek No Greek Currency (EUR) Yes Regulators ASIC, MAS, FCA, BaFin, IIROC Min Deposit $0 Trading Platforms CMC Markets’ Next Generation, MetaTrader 4 Trustpilot Rating 4.2 out of 2,090 reviews Number of Forex Pairs to Trade 330+ Leverage Forex & Metals: 1:30
Index CFDs: 1:20
Cryptocurrencies: 1:2Spread EURUSD: 0.5
USDJPY: 0.7
EURGBP: 1.1
GBPUSD: 0.9Forex Commission per Lot per Trade $2.50 per lot (per side) Deposit Methods Visa, Mastercard, Maestro, Online Banking, Bank Transfer Withdrawal Methods Visa, Mastercard, PayPal, Bank Transfer Key Pros
- Publicly traded reputable brand
- One of the first online forex brokers
- Covers an extensive selection of currency pairs
- Offers proprietary trading platform
- Enables smooth mobile trading
Key Cons
- Automated trading available only on MetaTrader4
- Fees on stock CFDs can be high
- Supports a limited number of payment methods
Forex.com Broker Details Supports Greek No Greek Currency (EUR) Yes Regulators ASIC, MAS, FCA, CIRO, JFSA, CFTC, CySEC, CIMA, SFC, CySEC Min Deposit $100 Trading Platforms MetaTrader 4, MetaTrader 5, TradingView, WebTrader, NinjaTrader Trustpilot Rating 4.6 out of 1,668 reviews Number of Forex Pairs to Trade 80+ Leverage Forex & Metals: 1:30
Index CFDs: 1:20
Cryptocurrencies: 1:2Spread EURUSD: 1
USDJPY: 1.2
EURGBP: 1.3
GBPUSD: 1.3Forex Commission per Lot per Trade $0 for Standard accounts; $5 per standard lot per side for Raw accounts Deposit Methods Visa, Mastercard, Skrill, Neteller, Bank Transfer Withdrawal Methods Visa, Mastercard, Skrill, Neteller, Bank Transfer Key Pros
- Supports a great selection of trading platforms
- Enables easy mobile trading
- Offers over 80 currency pairs
- Provides a vast variety of products
- Forex spreads can be very competitive
Key Cons
- Navigating platforms can be difficult for beginners
- Instruments on MT4 platforms are significantly fewer than other platforms
- Charges monthly fee after 12 months of inactivity
Trade Nation Broker Details Supports Greek No Greek Currency (EUR) Yes Regulators FCA (ref.no 525164), SCB (SIA-F216), ASIC (AFSL No. 422661), FSA (license no. SD150), FSCA Min Deposit $0 Trading Platforms TN Trader, MetaTrader 4, TradeCopier, TradingView Trustpilot Rating 4.4 out of 961 reviews Number of Forex Pairs to Trade 30+ Leverage Forex & Metals: 1:30
Index CFDs: 1:20
Cryptocurrencies: 1:2Spread EURUSD: 0.6
USDJPY: 1.9
EURGBP: 1.8
GBPUSD: 1.9Forex Commission per Lot per Trade $0 Deposit Methods Visa, Mastercard, Bitcoin, Skrill, Bank Transfer, GrabPay, DuitNow, Shopee Pay, Boost, Binance Pay, Ethereum, Tether, Ripple, Dogecoin, Litecoin, BinanceCoin, Solana, Tronix Withdrawal Methods Visa, Mastercard, Bitcoin, Skrill, Bank Transfer, GrabPay, DuitNow, Shopee Pay, Boost, Binance Pay, Ethereum, Tether, Ripple, Dogecoin, Litecoin, BinanceCoin, Solana, Tronix Key Pros
- Regulated by multiple trustworthy authorities
- Suitable for trading beginners
- Offers proprietary trading platform
- Easy trading on mobile app
- Supports various payment solutions
Key Cons
- Number of forex pairs is underwhelming
- Some payment methods are available only in specific markets
- Chat service available only 24/5
Is Forex Trading Legal in Greece?
Forex trading is a legal activity in the territory of Greece, with the HCMC being the official regulator responsible for managing the financial market environment in the country. In addition to that, forex brokers in Greece operate in accordance with regulations imposed by the European Securities and Markets Authority (ESMA).
It is not necessary for Greek traders to register only with brokers regulated by the HCMC, with licenses from regulators like the FCA, ASIC as well as authorities in the EU also indicating a secure broker option for Greek investors. Since all brokers regulated in the EU are required to follow the same MiFID 2 directives, Greek traders can join any brand licensed by authorities in the EU and the EEA. Meanwhile, Greek forex brokers are also required to accept traders residing in any region within the EU and EEA.
Hellenic Capital Market Commission (HCMC) Regulation Info
As already mentioned, the onus to regulate the trading market in Greece is on the HCMC. This regulatory body is responsible for issuing licenses to forex brokers operating in the Greek market, making sure that licensees follow strict rules to ensure fair and secure trading. The HCMC has introduced several key reforms that dictate the way the trading sector in Greece is being regulated.
Each broker operating under an HCMC license must select the services of a Greek bank to store all of their funds, with both customers’ money and the broker’s operating capital being kept by the same local bank. Some of the latest control measures that were introduced by the Greek regulator do not allow financial entities, including brokers, to access their funds freely.
In addition to issuing licenses to entities that wish to provide trading services to Greek investors, the HCMC is also responsible for taking regulatory actions against companies that have failed to comply with local regulations. The HCMC is an independent agency that can inflict financial penalties and even revoke licenses if a company is found to breach fair and safe trading guidelines.
How Can I Verify HCMC Authorization?
If you trade with a brand that has been licensed by the Greek financial regulator, the broker should provide information about its license. Whether you are given a license number or you can simply view that the operator of the broker has been regulated by the HCMC, you are advised to verify the information you see on the website before you start trading real money with the broker.
To confirm whether a broker has been authorized to operate by the Greek regulator, you can head to the official website of the HCMC and load to the register section. There, you can search for any company and verify its license status. There is also the alternative to directly contact the support team of the HCMC and ask for additional information on any broker you have in mind.
Are My Funds Safe with Forex Brokers Operating in Greece?
Not only are Greek forex brokers regulated by the local HCMC, but they are also required to meet regulatory conditions introduced with the MiFID 2 directives, ensuring fair trading for clients across the EEA. That means Greek traders can be certain their funds will always be properly protected whenever they decide to trust a regulated Greek broker. It is a common practice for brokers to utilize industry-standard security tools like SSL encryption, making sure that no unauthorized entity will have access to traders’ funds.
Since Greek forex brokers are following ESMA regulations, Greek investors can make use of the negative balance protection tool. This is a measure that all EU-regulated brokers are required to implement into their trading operations. The requirement to operate with local banks and the restricted access to brokers’ funds stored in their respective bank accounts ensure that regulated Greek brokers are handling your money with the utmost care, making trading extra secure.
Do Greek Brokers Provide Negative Balance Protection?
As mentioned above, forex brokers authorized to operate in Greece must offer their clients negative balance protection. That adds another layer of protection to one’s trading orders, capping possible losses to a certain amount. Accounts with negative balance protection cannot amass losses bigger than their current deposit balance. This is an especially useful feature while trading with higher leverage as it can quickly generate massive losses.
Even if a broker is not regulated by the HCMC, any trading website authorized to operate by tier-1 regulatory bodies within the EU is required to offer negative balance protection to its customers.
Do Traders Pay Tax on Forex Trading Carried Out in Greece?
Forex traders are required to get familiar with the respective tax laws and any potential surcharges they may need to pay after trading currency pairs. Generally speaking, profit generated through forex trading is subject to the capital gains tax. The rate of this tax depends on the amount of your profits and several other factors that may differ in each country.
Greek traders are also required to pay capital gains tax when they have generated profits through trading currency pairs. The capital gains tax rate that Greek investors are required to pay is 15%. That said, we recommend traders contact local tax experts to make sure they are well aware of any recent law amendments and possible changes in tax rates.
How Does the Available Leverage of HCMC-Regulated Brokers Compare to the Leverage at Brokers Regulated Offshore?
When it comes to forex trading, it is always important to know what is the maximum leverage traders can enjoy while trading currency pairs. While some regions have extremely high leverage caps or leave it to brokers to impose their own limitations on maximum leverage, Greek brokers are required to follow ESMA regulations and introduce a compulsory maximum leverage of 1:30 on major currency pairs and 1:20 on exotic pairs.
Other major regulators overseeing trading in non-EU regions have also introduced similar maximum leverage limits. For instance, UK and Australian forex brokers will also have the same cap of 1:30 on major pairs and 1:20 on non-major currency pairs. Meanwhile, other markets have introduced higher maximums, with US traders typically having the chance to trade major currency pairs with a leverage of up to 1:50. That said, regulators in some states have allowed brokers to impose lower leverage limits, reducing the risk levels with forex trading.
Despite the somewhat identical limits across many regulated trading markets, there are also regulators like the FSA, overseeing trading activities in the Seychelles, often allowing significantly higher leverage on forex that can sometimes reach up to 1:5,000.
While Greek traders will be able to trade with a maximum leverage of 1:30 on major pairs and 1:20 on exotic pairs, we should note that those limits apply only to retail traders. As some investors wish to trade higher amounts and increase potential profit by making use of larger leverage, Greek brokers may offer the option of opening professional trading accounts.
What Do You Need To Qualify To Be Designated as a Professional Trader in Greece?
If you wish to become a professional trader or are looking to open a professional trading account with a Greek forex broker, there are several conditions that you will need to meet as a trader. According to ESMA, there are three factors that can make an investor eligible for a professional trading status and those include sufficient experience in trading, good knowledge of financial instruments and trading, and a portfolio exceeding a specific minimum amount. As long as you meet two of the said three conditions, you should be able to open a professional trading account with any regulated broker in Greece.
To be designated as a professional trader in Greece, you are required to:
- Have made at least 10 transactions of sufficient amount per quarter in the previous 12 months
- Have at least one year of experience working in the financial markets sector
- Have a financial instruments portfolio that is worth at least €500,000
Every Greek forex broker offering professional trading accounts will guide you through the process of verifying your trading status, so make sure to provide the required documents as soon as possible to speed up the process.
What trading platforms are available to Greek traders?
If you have explored your options across other EU-regulated forex brokers, you have most likely come across the same set of trading platforms while comparing most online brokers. Greek trading websites make no exception, with the majority of regulated brands supporting options like MT4, MT5, and TraderView, to name a few. Many brands are also offering their flagship platforms that have been specifically developed for the needs of the respective broker’s clients. The great news is that whether you are a beginner or an expert trader, any reputable Greek broker will offer you enough platform options to make your trading experience as smooth as possible.
MetaTrader 4: This is one of the most commonly supported platforms for forex trading, allowing both newbies and advanced traders to enjoy easy order placement, with a set of tools like charts and analysis helping traders in their trading endeavors. MT4 is commonly adapted for both desktop and mobile trading, allowing traders to place orders no matter where they go.
MetaTrader 5: Slightly more advanced than MT4, MT5 offers more markets that add to the FX and CFDs experience of Greek traders. Mostly preferred by more experienced traders, MT5 supports a great range of trading tools, making the whole experience much more intuitive.
WebTrader: If you appreciate the trading experience offered by MT4 but wish to avoid the inconvenience of installing any software on your device, you can try WebTrader. Supported by a large number of Greek forex brokers, this platform allows you to embark on your trading adventures straight from our browser. Whether you are on your personal computer or your smartphone, you can use WebTrader for your trading.
TraderView: This is a platform that gives you a better insight into markets, allowing you to assess the inherent risk that comes with trading. With various research tools implemented into the platform, indicators, customizable charts, and alerts are just a few of the features that will help you make the most of this market analysis platform. Conveniently enough, TraderView is a great platform option you can find at quite a number of Greek forex brokers.
Below you can find some useful references with links to organisations that monitor the forex market in Greece.
- HCMC (Hellenic Capital Market Commission): By following this link, traders can pay a visit to the regulator that oversees Greece’s financial sector.
- HCMC Registers: Here, one can find the HCMC’s lists of registered entities.
- HCMC Complaints: If you ever need to submit a complaint, this is where you will find the complaint form and instructions on how to do so.
- ESMA (European Securities and Markets Authority): This is the homepage of the authority that supervises the financial markets of Europe.
- ESMA’s List of Europe-based Regulatory Entities: This page offers a concise overview of the financial regulators of each European jurisdiction.
- FCA (Financial Conduct Authority): Homepage of the UK’s financial supervisory body.
- FCA Register: This is the page individuals can visit if they wish to verify that a given Greece-friendly broker is licensed by the FCA.
- ASIC (Australian Securities & Investments Commission): If you wish to learn more about the regulator that oversees the operations of brokers licensed in Australia, this is the website.
- ASIC Register: This is where traders can check if a broker’s ASIC licence is legitimate.