Best Forex Brokers in Greece for 2025
We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the top 10 Forex brokers in Greece based on our analysis:
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AvaTrade - Best Forex broker in Greece - A wide selection of financial assets. Innovative trading platforms. Highly rated educational resources. - 2
FP Markets - Robust regulation, serious fund protection plus segregated accounts in AA banks. Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server. Rich selection of trading platforms. - 3
FxPro - Various trading platforms. A diverse range of available markets and products. Multiple analytics tools. - 4
Libertex - Tight spreads and attractive trading conditions. Wide selection of trading assets. Rich selection of educational materials and analytics. - 5
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HF Markets - Regulated by reputable financial authorities. Wide selection of trading assets. A variety of educational materials and analytical reviews. - 7
Deriv - Simple and fast account opening process. A wide variety of account types cater to different trading needs. Low commission structure. - 8
ActivTrades - Wide range of trading assets. A wide variety of trading platforms. Extensive training materials including webinars, videos, articles and guides. - 9
XM - Wide range of trading assets. Extensive educational resources. Tight spreads on the Ultra Low account. - 10
HYCM - Well-regulated broker. An extensive set of educational materials. Diversity of trading assets.
This comprehensive guide is designed to help you choose a broker that perfectly matches your trading strategy while ensuring the highest level of investment protection. Each broker highlighted in this list is distinguished by their unique features, advanced technology, and strong security measures, ensuring an exceptional trading experience in Greece's dynamic Forex market.
Best Forex Brokers in Greece in 2025
1. AvaTrade
AvaTrade is ideal for traders looking for various trading tools and a high level of investment protection. Beginners will be comfortable with the intuitive interface of the AvaTradeGO mobile platform, while experienced traders will appreciate the depth of MetaTrader's customization and analytical tools. However, traders who need access to STP or ECN accounts should pay attention to other brokerage companies.
Pros and Cons of AvaTrade
Pros
- A wide selection of financial assets.
- Innovative trading platforms.
- Highly rated educational resources.
Cons
- Limited trading account options.
- Account inactivity fee.
2. FP Markets
FP Markets successfully combines a strict licensing framework, a fast ECN order book with zero spreads, a rich selection of platforms — ranging from classic MT4/5 to TradingView and Iress DMA — and a developed analytics, education, and 24/7 support infrastructure. This combination makes the broker attractive for active scalpers and algorithmic traders who value speed and moderate commission per lot, as well as for investors preferring copy trading, PAMM/MAM, or DMA stocks via Iress. Beginners will benefit from a low entry of 100 AUD, online courses, and no inactivity fees.
Pros and Cons of FP Markets
Pros
- Robust regulation, serious fund protection plus segregated accounts in AA banks.
- Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server.
- Rich selection of trading platforms.
- Wide range of instruments.
- Numerous deposit/withdrawal methods.
- Strong analytics and education.
- 24/7 support.
Cons
- Lack of cent accounts and fixed spread accounts.
- Some analytical materials and software are accessible only with a deposit or trading volume.
3. FxPro
FxPro provides a comprehensive range of services and tools for traders. With its variety of trading accounts, platforms, and available markets, it is well-suited to meet the needs of different traders. This broker suits traders looking for a wide selection of markets, diverse platforms, and analytical tools. It is also apt for beginner traders, thanks to the educational materials and experienced traders who value flexible trading conditions.
Pros and Cons of FxPro
Pros
- Various trading platforms.
- A diverse range of available markets and products.
- Multiple analytics tools.
- Extensive educational materials.
Cons
- An inactivity fee.
- Absence of cent accounts and services for copying trades.
4. Libertex
Libertex is an established broker offering various trading instruments and educational resources. With zero commission on deposits and various analytical tools, this broker can appeal to novice and experienced traders.
Pros and Cons of Libertex
Pros
- Tight spreads and attractive trading conditions.
- Wide selection of trading assets.
- Rich selection of educational materials and analytics.
Cons
- High swaps and inactivity fee.
5. Plus500
Plus500 is ideal for traders seeking a convenient and intuitive platform with a broad spectrum of trading instruments. It's particularly well-suited for those who value a diverse range of CFDs on stocks, indices, currencies, commodities, and ETFs. The built-in Insight+ analytics tool is a significant advantage for those keen on analyzing trends and activities based on real-time data.
Pros and Cons of Plus500
Pros
- Diversity of trading assets.
- Intuitive trading platform.
- 24/7 support.
- Built-in analytics.
Cons
- Limited channels for communication with technical support.
- Limited choice of trading accounts.
6. HF Markets
HF Markets is a reliable and appealing Forex broker, offering a wide selection of trading assets, a variety of account types, and access to the popular trading platforms MetaTrader 4 and MetaTrader 5. With its regulation and industry experience, the company has earned a reputation as a dependable partner for traders of varying experience levels.
HF Markets is recommended for those seeking a trustworthy and vetted broker with favorable trading conditions and customer support.
Pros and Cons of HF Markets
Pros
- Regulated by reputable financial authorities.
- Wide selection of trading assets.
- A variety of educational materials and analytical reviews.
Cons
- There is no alternative to MetaTrader.
- High swaps and wide spreads.
7. Deriv
Deriv is an appealing choice for a wide array of traders, particularly those who are just beginning or are at an intermediate level. Its user-friendly approach, diverse platforms, and low-cost structure make it ideal for individuals seeking a straightforward trading experience. While it may not fully satisfy the needs of highly advanced traders due to some limitations in educational and analytical resources, Deriv's overall offering is solid, making it a reliable and accessible broker for most trading requirements.
Pros and Cons of Deriv
Pros
- Simple and fast account opening process.
- A wide variety of account types cater to different trading needs.
- Low commission structure.
- A wide range of trading platforms.
- High-quality technical support with fast and effective responses.
Cons
- Some essential asset classes are absent, and a limited number of CFDs on stocks exist.
- Educational materials are confined to a blog and lack comprehensive learning resources.
8. ActivTrades
ActivTrades is suitable for beginner traders who value simplicity and intuitive trading platforms, as well as a variety of educational materials to improve their skills. Moreover, this broker can be a suitable option for experienced traders who prefer to trade various instruments and use the powerful features of the MetaTrader 4, MetaTrader 5 and TradingView platforms.
However, for traders with more specific requirements, such as a variety of trading accounts or individual conditions for professional traders, ActivTrades may be less attractive.
Pros and Cons of ActivTrades
Pros
- Wide range of trading assets.
- A wide variety of trading platforms.
- Extensive training materials including webinars, videos, articles and guides.
- Professional Support Team.
Cons
- Lack of diversity in trading accounts.
9. XM
XM broker offers a wide range of services, making it an attractive option for various traders. With over 1500 trading instruments, extensive educational resources, and numerous trading platforms, XM is ideally suited for beginners and experienced traders. Novice traders will particularly appreciate the accessible educational materials and low entry threshold, while professionals will find the competitive spreads and diversity of instruments appealing.
Pros and Cons of XM
Pros
- Wide range of trading assets.
- Extensive educational resources.
- Tight spreads on the Ultra Low account.
- Many analytical materials.
- Commission-free deposits and withdrawals.
Cons
- Inconsistency in technical support.
- Inactivity fee.
- Standard account has a higher spread than the market average.
10. HYCM
HYCM is one of the Forex and CFD market leaders whose reputation is backed by strict regulation by major financial authorities such as the FCA, CySEC and DFSA. This ensures high protection of the client's funds and compliance with regulatory standards. The broker offers a wide range of trading platforms, including MetaTrader 4 and MetaTrader 5, recognized as some of the most reliable and functional in the industry. The variety of trading instruments available allows you to create a diverse investment portfolio, while a rich selection of educational resources supports traders at all stages of their professional development.
HYCM will be most suitable for traders looking for reliability and diversity in the toolkit without worrying about high commissions and a lack of innovative platforms. This broker is ideal for experienced traders who can use the analytical and educational resources provided to improve their trading strategies.
Pros and Cons of HYCM
Pros
- Well-regulated broker.
- An extensive set of educational materials.
- Diversity of trading assets.
Cons
- Absence of proprietary trading platform.
- No social trading.
Regulation of Forex Brokers in Greece
In Greece, the activities of Forex and CFD brokers are governed by stringent laws and regulations designed to protect investors, ensure the integrity of trading operations, and maintain financial stability. The primary regulatory body in the country is the Hellenic Capital Market Commission (HCMC), which sets and enforces compliance standards for financial institutions, including Forex brokers.
HCMC diligently ensures that brokers adhere to norms concerning the transparency of financial operations, the segregation of client funds, and the provision of accurate risk information. This includes mandatory risk warnings and leverage limitations designed to minimize the potential for significant losses for traders.
Moreover, Greece complies with European Union legislation, particularly the Markets in Financial Instruments Directive (MiFID II), which fosters the harmonization and efficiency of financial markets across Europe. This legislation offers additional protection for investors by establishing standards for operational transparency and risk management.
This comprehensive regulatory framework makes Greece one of the most reliable and secure markets for Forex trading. Thanks to strict regulations, Greek traders can rely on the protection of their interests and the stability of their interactions with brokers, creating optimal conditions for successful Forex trading.
How We Compiled the List of Top Forex Brokers in Greece
Our approach to identifying the leading Forex trading platforms in Greece involved meticulous precision and a comprehensive set of benchmarks:
Thorough Research and Evaluation. We began by compiling an extensive brokers of Forex list that met our predefined criteria. Each broker was meticulously scrutinized through a detailed evaluation methodology to assess their services and operational efficiency in an unbiased manner.
Regulatory Adherence. We focused on brokers regulated by recognized financial authorities such as the Hellenic Capital Market Commission (HCMC) and other reputable European regulators like the CySEC, BaFin, or FCA. This ensures the brokers operate transparently and comply with stringent financial standards.
Trading Conditions and Platforms. We evaluated brokers based on their trading conditions, including spreads, fees, minimum deposits, and the variety of trading instruments available. The quality and usability of their trading platforms were also assessed, with a preference for those offering popular platforms like MetaTrader 4 and MetaTrader 5, as well as proprietary platforms with advanced features.
Customer Support and Localization. The quality of customer support was a key factor, particularly the availability of support in Greek and accessible communication channels. We also considered brokers that offer localized services, such as websites and educational resources in Greek, to better serve Greek traders.
User Feedback. We incorporated genuine feedback from traders who have used these brokers to provide a well-rounded view of each broker's strengths and weaknesses. This includes aspects like ease of use, customer service experiences, and overall satisfaction.
By combining these factors, we ensured that our list of top Forex brokers in Greece is comprehensive, reliable, and tailored to meet the needs of Greek traders.
FAQ
What is the best Forex broker in Greece?
The best Forex broker in Greece depends on individual trading needs, but popular choices often include brokers regulated by the Hellenic Capital Market Commission (HCMC) and offering competitive spreads, robust trading platforms, and excellent customer service.
How do I verify if a Forex broker is regulated in Greece?
To verify if a Forex broker is regulated in Greece, check the HCMC's official website for the list of licensed brokers. Additionally, the broker's website should display its regulatory information, including the HCMC license number.
How to choose a safe Forex broker in Greece?
To choose a safe Forex broker in Greece, ensure the broker is regulated by the HCMC, has a solid reputation, offers segregated client funds, and provides transparent trading conditions. Also, read reviews from other traders to gauge their experiences.
What fees should I focus on when choosing a broker?
Focus on spreads, commission fees, withdrawal and deposit fees, inactivity fees, and overnight swap rates. Comparing these fees across brokers will help you find the most cost-effective option for your trading style.
Which Forex broker offers the lowest spreads for Greek traders?
Low spread brokers for Greek traders include those with competitive pricing models, such as IC Markets, XM, and Pepperstone. Always compare current spreads on the broker's website or trading platform.
Is Forex trading legal in Greece?
Yes, Forex trading is legal in Greece. It is regulated by the Hellenic Capital Market Commission (HCMC), ensuring a safe and transparent trading environment for traders.
How to open a trading account from Greece?
To open a trading account from Greece, choose a regulated broker, complete their online registration form, submit required identification documents for verification, and fund your account through available deposit methods.
Can I trade Forex without a broker?
No, trading Forex without a broker is not feasible. Brokers provide the necessary platform, liquidity, and market access required for trading.
What leverage is available for traders in Greece?
Leverage available for traders in Greece varies by broker but typically ranges from 1:30 for major currency pairs, as mandated by ESMA regulations, to higher levels for professional accounts.
How to choose a trading platform?
Choose a trading platform based on its usability, features, available tools, compatibility with your trading strategy, and reliability. Popular platforms include MetaTrader 4, MetaTrader 5, and cTrader. For more information visit the best Forex broker for MetaTrader 5.
How to avoid Forex and CFD scams?
Avoid Forex and CFD scams by choosing brokers regulated by reputable authorities, verifying their regulatory status, reading reviews from trusted sources, and being cautious of offers that seem too good to be true.
Is cryptocurrency trading available in Greece?
Yes, cryptocurrency trading is available in Greece through brokers and exchanges that offer digital assets as part of their product offerings. Ensure these platforms are regulated and reputable.
Which broker is suggested for beginners in Greece?
For beginners in Greece, brokers like XM, AvaTrade, and eToro are recommended due to their user-friendly platforms, educational resources, and supportive customer service.
Which broker is suggested for professional traders in Greece?
Professional traders in Greece may prefer brokers like IC Markets, Saxo Bank, and Pepperstone, which offer advanced trading platforms, competitive spreads, and higher leverage options.
What risk management tools are available for Greek traders?
Risk management tools for Greek traders include stop-loss orders, take-profit orders, trailing stops, negative balance protection, and risk calculators. Ensure your broker provides these tools to manage your trading risks effectively.
Can Greek traders use automated trading systems or Expert Advisors (EAs)?
Yes, Greek traders can use automated trading systems or Expert Advisors (EAs) on compatible platforms like MetaTrader 4 and MetaTrader 5. Ensure your broker supports the use of EAs.
Do you need to pay tax on Forex trading in Greece?
Yes, profits from Forex trading in Greece are subject to taxation. It's essential to consult with a tax professional to understand your tax obligations and ensure compliance with local tax laws.
