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FXTM Overview for Greece
Founded in 2011 and headquartered in Cyprus, FXTM (ForexTime) has grown into a globally recognized forex and CFD broker serving over 3 million clients worldwide. For Greece traders, FXTM’s proximity to Cyprus means local time zone alignment and quick support. The broker is regulated by CySEC, ensuring compliance with EU financial directives, which is crucial for Greek retail traders seeking a safe environment. FXTM offers a low $10 minimum deposit, making it accessible for beginners, while experienced traders can benefit from high leverage up to 2000:1 (subject to product restrictions). With a strong focus on education, copy trading, and Islamic accounts, FXTM caters to a diverse audience in Greece. Its popularity stems from competitive spreads, multiple account types, and a user-friendly experience across MT4 and MT5 platforms.
| Detail | Information |
|---|
| Founded | 2011 |
| Headquarters | Cyprus |
| Regulated by | FCA,CySEC,FSCA,FSC |
| Min Deposit | $200 |
| Max Leverage | 3000 |
| Platforms | MT4, MT5 |
| Islamic Account | Available |
| Copy Trading | Available |
| Demo Account | Available |
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Regulation & Safety — Is FXTM Safe for Greece?
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Safety verdict for Greece traders
Always verify FXTM's regulation at the official regulator website before depositing.
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Spreads & Trading Costs 2026
Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|
| EUR/USD | 1.50 pips | $0 | 1.50 pips | 1.50 pips |
| XAU/USD | 0.50 pips | $0 | 0.50 pips | 0.50 pips |
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Account Types for Greece Traders
Standard Account
No Commission
Min Deposit$200
EUR/USD Spreadfrom 1.50 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$200
EUR/USD Spreadfrom 1.50 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
| Feature | Available |
|---|
| Demo Account | Yes |
| ECN/Raw Account | Yes |
| Islamic (Swap-free) | Yes |
| Scalping Allowed | Yes |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | Yes |
| Copy Trading | Yes |
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Deposits & Withdrawals — Greece Guide
USDT TRC20
Buy on Binance P2P — transfer to broker
Skrill
Fund via local exchange — transfer
Neteller
Fund via local exchange — transfer
Bank Wire
International transfer (may be restricted locally)
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Greece deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
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Islamic Account — Greece Muslim Traders
FXTM offers a genuine swap-free Islamic account for Muslim traders in Greece who wish to comply with Sharia law. This account type does not charge overnight interest (swap) on positions held beyond one day, making it suitable for long-term trading. However, there is a swap-free fee for positions held for more than 10 consecutive days, which is a standard practice to prevent abuse. To apply, Greek traders need to open a live account and request conversion to an Islamic account via customer support or by selecting the option during registration. The account is available on both Standard and ECN variants. While it is a legitimate offering, traders should be aware of the 10-day limit to avoid unexpected charges.
| Feature | Details |
|---|
| Islamic Account Available | Yes |
| Swap Fees | No swap fees |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
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Instruments & Markets in Greece
| Asset Class | Examples | Available | Typical Spread |
|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | 1.50 pips |
| Gold (XAU/USD) | Spot Gold | Available | 0.50 pips |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
Most popular instruments for Greece traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Greece traders.
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Education & Research Tools
Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Tip for Greece traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
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Customer Support — Greece Review
Support verdict for Greece
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
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Common Mistakes Greece Traders Make with FXTM
- Mistake: Using maximum leverage of 2000:1 without proper risk management. Greek traders should start with lower leverage (e.g., 1:30 for retail under ESMA) to avoid margin calls.
- Ignoring the inactivity fee: FXTM charges a fee after 6 months of no trading activity. Make sure to close or trade at least once every 6 months to avoid this.
- Not verifying the CySEC license: Always check FXTM’s license on the CySEC website (license 185/12) to ensure you are dealing with the regulated entity.
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FXTM vs Competitors in Greece
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|
| FXTM (current) | $200 | 1.50 pips | Yes | No | 3.7 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
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Security & Fund Protection — FXTM
Yes
Segregated Funds
Client funds held separately from company funds
Yes
Negative Balance Protection
You cannot lose more than you deposit
Yes
Top-tier Regulation
FCA, ASIC, or equivalent oversight
Fund safety verdict for Greece traders
FXTM segregates all client funds and is regulated by top-tier authorities.
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FXTM User Reviews & Ratings
CompareBroker Expert Rating
3.7
★★★★★
Based on 50+ data points tested by our team
Independently verified
What traders love
+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support
Common complaints
- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
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FXTM Latest News & Updates 2026
FXTM expands TradingView integration
FXTM has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
FXTM maintains top-tier regulatory status
FXTM continues to hold its regulatory licenses, ensuring client fund protection for Greece traders.
New instruments added for Greece traders
FXTM has added new trading instruments including additional forex pairs and commodity CFDs.
Final Verdict — Is FXTM Worth It for Greece Traders?
3.7/5
★★★★★
FXTM is a strong choice for Greece traders seeking a regulated, low-cost broker with diverse account types and platforms. Its CySEC regulation provides essential protections like negative balance protection and ICF coverage, giving Greek traders peace of mind. The low $10 minimum deposit and multiple payment methods (including Skrill and USDT) make it accessible, while the Islamic account caters to Muslim traders. However, the lack of Greek language support and high leverage risks are drawbacks. FXTM is best suited for retail traders in Greece who prioritize regulation, low costs, and a wide range of instruments. We recommend it with caution for beginners who should start with a demo account and avoid excessive leverage.
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FAQ — FXTM for Greece Traders
Is FXTM safe for Greece traders?+
How can I deposit money in FXTM from Greece?+
Does FXTM have Islamic account?+
What is the minimum deposit for FXTM in Greece?+
What trading platforms does FXTM offer?+
Is FXTM regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
