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Forex Brokers in Greece

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Forex brokers in Greece are overseen by both the EU regulator, which is the European Securities and Markets Authority (ESMA) and the Hellenic Capital Market Commission (HCMC). Therefore, forex brokers in Greece have the same restrictions as brokers in other EU countries regarding the trading leverage and negative balance protection scheme.

Besides overseeing and licensing forex brokers in Greece, HCMC is also responsible for overseeing the broader financial markets in Greece, as well as companies listed on the Athens Stock Exchange. Since there is no requirement for a forex broker to be regulated in Greece, many forex brokers from other European countries also offer their services to Greek forex traders.


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Score Broker Country Regulation Min Deposit Max Leverage

If you are interested to open an account in one of the brokers in the list above, make sure to try the forex demo account before proceeding to register in the live account.



FAQ

Finding the best forex broker in Greece is not much different from choosing the right broker in general. Aside from making sure that the forex broker is available for client registration from Greece, you need to check its regulation, minimum deposit, spread, leverage, payment methods, and other trading-related aspects that may affect your strategy. Furthermore, make sure that the broker has a good credibility and reliable customer support.


The list in this page can be a good reference if you look to trade with in Greece. We have sorted specific forex brokers that accept clients from Greece, so you can choose one of the brokers by comparing their minimum deposit, regulation, leverage, and rating. If you are interested to learn further about a certain broker, feel free to click the review button.


If you are a beginner and looking for the right broker to trade forex in Greece, some aspects that you need to pay attention to are the low minimum deposit, demo account, and educational features. Apart from that, it's also better to make sure that the broker has good customer service because as a beginner, you may need to consult about broker services that still seem incomprehensible to you.


Additional FAQ

The most common and frequently occurring characteristics are:

  1. Difficult deposit and withdrawal processes.
  2. Sudden and unexpected changes to key features.
  3. Poor customer service.
  4. Negative reviews.

Continue Reading at Broker Red Flags: Signs You Should Leave Your Broker

  1. Alfa Forex owns dual licenses from Central Bank of Russia as well as CySEC. Therefore, they have sufficient legal background and compliant with the rules of client protection.
  2. FINAM facilitates trading for several asset classes, including forex, shares, bonds, options, and futures, aside from banking.
  3. VTB Forex proclaimed itself as the leader of forex market in Russia. The broker facilitates trading on 24 currency pairs (including rubles) through Metatrader5 with minimum transaction of 0.5 lot and maximum leverage 1:40.

Continue Reading at Best Forex Brokers in Russia

Some of these international forex brokers are HF Markets and Deriv. As one of the most used international brokers by Nigerian traders, HF Markets is regulated by the Financial Conduct Authority (FCA) in the UK, the FSCA of South Africa, and the Cyprus Security Exchange Commission (CySEC).

As for Deriv, it is regulated by the Malta Financial Services Authority (MFSA), the Vanuatu Financial Services Commission (FSC), the British Virgin Islands Financial Services Commission (FSA), and the Malaysian Labuan Financial Services Authority.

Continue Reading at Is It Safe to Trade Forex in Nigeria?

These are some of the best Malaysian brokers to consider:

  1. Tickmil: LFSA with License Number MB/18/0028.
  2. FBS: LFSA with License Number MB/18/0028.
  3. IFC Market: LFSA with License Number MB/20/0049.
  4. ICM Market: LFSA with License Number MB/18/0029.
  5. Hirose: LFSA with License Number MB/15/0006.
  6. Deriv: LFSA with License Number MB/18/0024.
  7. XM Malaysia: Not regulated by the LFSA.

Continue Reading at Top Forex Brokers for Malaysian Traders