To come up with this list, we have tested forex brokers Greece.

We opened a real account and deposited between $4,000 and $6,000 with each broker. Afterwards, we placed trades in each popular market to get the actual picture. 

We also reached out to customer support to solve issues that we had encountered. To check the withdrawal process we withdrew our funds.

We handpicked the best forex brokers Greece based on our trading data and experience as a trader.

Is Forex Trading Greece legal?

Forex brokers in Greece are subject to rigorous regulation by the Hellenic Capital Market Commission (HCMC), which is responsible for regulating both securities markets and over-the-counter products. The Hellenic Capital Market Commission is a legal entity established by Law 1969/91 and organized in compliance with 2324. It aims to ensure protection, orderliness, or efficiency within the capital markets it regulates. The HCMC is a Member of the European Securities and Markets Authority (ESMA) and operates within its framework and under its authority.

The Hellenic Capital Market Commission’s website is

Being a part of the EU, Greek Forex traders have access to a variety of financial markets through the European Union. In addition, Greek brokers offer services for both domestic and international clients under MiFID rules. Most European forex brokers are available for Greek clients and they are considered trustworthy and safe.

During the last years, Greece faced an economic crisis. However, the country has been able to overcome the difficulties and the market is stable at present.

🏦RegulatorHellenic Capital Market Commission (HCMC)
🛡️Is It safe to tradeYes
🔒Negative Balance ProtectionYes
💰Compensation SchemeYes

Best Forex Brokers in Greece

When Greece residents first start Forex trading, finding a reliable broker is, perhaps, one of the most important decisions to make. When choosing a broker, there are a number of important aspects to pay attention to. Most importantly, traders should pick a strictly regulated broker. This is of utmost importance, as the market is full of scams nowadays. Thus a regulated broker will save the traders from a lot of headaches and financial loss.

In Greece, due to local regulation, there are many reliable local brokers. There are also brokers that accept traders from Greece. As the country is a EU member all the European brokers accept Greek traders due to ESMA regulations.

We recommend signing only with reliable firms so that the safety of your money is never compromised. Also, before signing with a broker, traders should verify if the accounts are supported by necessary payment methods. Another important aspect to consider is customer support. Check whether the customer support team provides services in Greece.

To select the best forex brokers Greece, we have tested and reviewed various brokers. For our tests, we opened a live account, deposited real money, and placed real trades with each broker.

Based on our tests, we recommend trading with the following brokers that we have selected as the best forex brokers Greece:

  • FP Markets
  • AvaTrade
  • Plus500

Overall Best Forex Brokers for Greece

We picked FP Markets as the overall best forex broker Greece. 

The broker offers a wide range of trading instruments with forex, stocks, indices, commodities, and cryptocurrencies. FP Markets stands out for its forex ECN pricing. FP Markets holds licenses in multiple jurisdictions: the United Kingdom, Australia, Cyprus, Saint Vincent, and the Grenadines.

The broker’s spreads are lower than the industry average, especially for forex and indices. Spreads on stocks, commodities, and cryptocurrencies, are mostly on the average benchmark. 

The broker offers to trade on MT4, MT5, and IRESS platforms. FP Markets accounts are based on its trading platforms: Standard and Raw account for MetaTrader platforms and Standard, Platinum, and Premier accounts for IRESS.

Best Forex Brokers for Beginners in Greece

We picked as the best forex broker Greece for beginners. is a forex and CFDs broker. Founded in 2016, it is headquartered in London and the United Kingdom. With the broker, traders have access to the following trading categories: forex, indices, commodities, cryptocurrencies, and stock CFDs. The broker holds licenses in the United Kingdom, Cyprus, and Belarus.

We have picked as the best forex broker Greece for beginners, as its educational section is exceptional. By signing with the broker, traders will gain access to detailed courses on trading, video guides, webinars, glossary, in-depth articles, and a demo account.

Best MT4 Forex Broker for Greek traders

We picked AvaTrade as the best MT4 broker in Greece. 

Founded in 2006 AvaTrade is headquartered in Dublin, Ireland. The broker is regulated in Ireland, Australia, the UAE, Japan, South Africa, and the British Virgin Islands. AvaTrade offers multiple instruments in the following categories: forex, indices, commodities, bonds, cryptocurrencies, stocks, and ETFs.

With AvaTrade clients have access to multiple trading platforms: MetaTrader 4, MetaTrader 5, WebTrader (AvaTrade’s proprietary web-based platform), AvaOptions (forex vanilla options), AvaTradeGo (for mobile trading). We have picked AvaTrade as the best MT4 forex broker in Greece, as its MT4 platform is very clear and easy to use. Also, it includes all the necessary tools and features for conducting favorable trades.

Best Low Spread Forex Companies Greece

We picked Plus500 as the best low spread forex broker in Greece.

Plus500 was founded in 2008. The broker is headquartered in Israel. The broker is regulated in multiple jurisdictions and holds licenses in Seychelles, Singapore, and Australia. Plus500 offers trading services with forex pairs and CFDs of stocks, indices, cryptocurrencies, ETFs, and options. 

Plus 500 offers the following deposit methods: credit/debit cards, bank transfers, and two popular electronic wallets, PayPal and Skrill. Plus500 offers its own trading platform. The platform is easy to use and user-friendly, yet it cannot be customized.

Based on our test, the broker’s spreads are consistent. Plus500 spreads for forex and ETFs are much lower than the industry average. On the other hand, spreads on indices, commodities, stocks, and cryptocurrencies are on the industry average or slightly higher.

Greece Forex Brokers List

There are many brokers available to Greek traders. We have tested them and come up with an impressive list.

Greece Forex BrokerAbout Our TestOur Review
eToroDeposit Amount: Over $6,000
Total Trade: 18 trades
eToro Review
Plus500Deposit Amount: Over €6,000
Total Trade: 18 trades
Plus500 Review
AXI (AxiTrader)Deposit Amount: Over €6,000
Total Trade: 12 trades
AXI Review
XMDeposit Amount: Over €5,000
Total Trade: 12 trades
XM Review
Admiral MarketsDeposit Amount: Over €4,500
Total Trade: 12 trades
Admiral Markets Review
PepperstoneDeposit Amount: Over €6,000
Total Trade: 12 trades
Pepperstone Review
Vantage FXDeposit Amount: Over €5,000
Total Trade: 15 trades
Vantage FX Review
ThinkMarketsDeposit Amount: Over €5,000
Total Trade: 15 trades
ThinkMarkets Review
GO MarketsDeposit Amount: Over €4,500
Total Trade: 12 trades
GO Markets Review
ICM CapitalDeposit Amount: Over €5,000
Total Trade: 12 trades
ICM Capital Review
INFINOXDeposit Amount: Over €4,000
Total Trade: 9 trades
Capital.comDeposit Amount: Over €3,500
Total Trade: 15 trades Review
DarwinexDeposit Amount: Over €5,000
Total Trade: 12 trades
Darwinex Review
XTBDeposit Amount: Over €5,000
Total Trade: 12 trades
XTB Review
FXTMDeposit Amount: Over €6,000
Total Trade: 12 trades
FXTM Review
TickmillDeposit Amount: Over €8,000
Total Trade: 12 trades
Tickmill Review
Trading 212Deposit Amount: Over €5,500
Total Trade: 15 trades
Trading 212 Review

FAQ and More on Forex Trading in Greece

There are often a lot of questions related to trading in Greece. We tried to choose and answer some of the most essential queries related to the brokers available in the country.

How to Verify Greece Regulated Broker?

In Greece, traders should make sure that the broker falls under ESMA regulation. This can easily be confirmed on the ESMA website. Besides, the main regulatory body in Greece that oversees the financial market and Forex trading is the Hellenic Capital Market Commission. Traders can also verify a Greece broker on the regulator’s official website.

However, it is better safe than sorry, so it is always advisable to double-check any information that is connected with your money safety. You can confirm the broker’s availability on the broker’s official website.

Greece main regulator body - HCMC

High Leverage Forex Brokers

Leverage is known as the borrowed money by a trader to invest in a trading instrument. High leverage is available in Greece for both professional traders and retail traders. They can open accounts with a Swiss broker, for instance, Dukascopy. Traders should pay attention to the reliability of the broker, as the majority of offshore brokers offer high leverage, yet, no matter how attractive their offerings seem, it is recommended to avoid offshore brokers.

According to the ESMA’s guidelines, the high leverage for retail traders is limited to 30:1. However, for professional traders, the leverage can be higher – up to 500:1. 

Tax in Greece for Forex Trading

In Greece, forex trading is subject to taxation. Generally, a tax of 15% is applied to the profits gained from forex trading.

Traders must remember that the responsibility of taxes is fully on them. Any kind of avoidance or delay may lead to unpleasant complications and fines.  

Author of this review

By George Rossi

Author of this review

I am a well-rounded financial services professional experienced in fundamental and technical analysis, global macroeconomic research, foreign exchange and commodity markets and an independent trader.

Now I am passionate about reviewing and comparing forex brokers.

Everything you find on BrokerTested 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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