Which broker is better for Greece traders in 2026? Expert analysis across 12 categories.
For Greece traders looking to enter the forex market, choosing between AvaTrade and FXTM is a key decision. Both brokers are well-established, regulated by the Hellenic Capital Market Commission (HCMC), and offer a range of services tailored to local traders. AvaTrade, with a score of 4.6/5, stands out for its competitive fixed spreads and robust platform selection, including MetaTrader 4 and its proprietary AvaTradeGO app. FXTM, scoring 4.3/5, is known for its flexible account types and lower minimum deposits, making it accessible for beginners in Greece. Both brokers support popular local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, ensuring seamless deposits and withdrawals. Whether you are a retail trader in Athens or Thessaloniki, this comparison will help you decide which broker aligns with your trading goals and local regulatory requirements.
| Instrument | AvaTrade | FXTM | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FXTM |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FXTM |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FXTM |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FXTM |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $100 | $200 | AvaTrade |
When comparing trading costs for Greece traders, AvaTrade offers fixed spreads starting from 0.9 pips on major forex pairs, which provides cost predictability—ideal for retail traders who trade frequently. FXTM, on the other hand, uses variable spreads that can go as low as 0.1 pips on its ECN accounts, but they widen during volatile periods. For a Greece trader executing 50 trades per month, AvaTrade’s fixed spreads result in more consistent costs, while FXTM may be cheaper in calm market conditions but riskier during news events. Both brokers charge no commission on standard accounts, but FXTM’s ECN accounts have a commission per lot. Overall, AvaTrade is better for traders who value stable costs.
| Account Type | AvaTrade | FXTM |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✓ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✓ | ✓ |
| Min deposit | $100 | $200 |
| Entity / Asset | AvaTrade | FXTM |
|---|---|---|
| Greece (offshore) | Up to 1:400 | Up to 1:3000 |
| Forex major pairs | 1:400 | 1:3000 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | AvaTrade | FXTM | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | AvaTrade |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | AvaTrade |
| Crypto CFDs | 30+ | ✗ | AvaTrade |
| Stocks / Share CFDs | ✗ | ✗ | FXTM |
| ETFs | ✓ | ✗ | Tie |
| Platform | AvaTrade | FXTM |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
AvaTrade provides Greece traders with access to MetaTrader 4 (MT4), MetaTrader 5 (MT5), and its proprietary AvaTradeGO platform, which offers a user-friendly interface and automated trading via ZuluTrade. FXTM also offers MT4 and MT5, plus its proprietary FXTM Trader app. For Greece traders, AvaTrade’s broader platform choice—including copy trading—gives it an edge, especially for those new to forex. FXTM’s platforms are also reliable, but AvaTrade’s integration with local payment methods and Greek language support makes it more tailored for the local market.
| Factor | AvaTrade | FXTM | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FXTM |
| Avg execution speed | ~30ms | ~40ms | AvaTrade |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
AvaTrade uses No Dealing Desk (NDD) execution with fixed spreads, resulting in fast order processing and minimal slippage. FXTM offers both NDD and market maker execution depending on account type, which can lead to variable execution speeds. For Greece traders, AvaTrade’s consistent execution is better for scalping and day trading, while FXTM’s flexibility suits longer-term strategies.
| Safety Factor | AvaTrade | FXTM |
|---|---|---|
| Primary regulator | CBI | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both AvaTrade and FXTM are regulated by the Hellenic Capital Market Commission (HCMC), ensuring compliance with European MiFID II standards. This means Greece traders are protected by negative balance protection, segregated client funds, and access to the Investor Compensation Fund (ICF) up to €20,000. AvaTrade’s regulation extends to multiple jurisdictions, including the Central Bank of Ireland, while FXTM is also regulated by CySEC. For Greece traders, both brokers offer robust safety, but AvaTrade’s additional oversight in Ireland provides an extra layer of security.
| Payment Method | AvaTrade | FXTM |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✓ |
| Withdrawal time | Card/e-wallet 24-48hrs after approval; Wire Transfer up to 7-10 business days | 24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days. |
Greece traders can deposit and withdraw funds at both AvaTrade and FXTM using Bank Transfer, Skrill, Neteller, and USDT TRC20. AvaTrade requires a minimum deposit of €100, while FXTM’s is €50, making FXTM more accessible for small accounts. Both brokers process e-wallet deposits instantly and charge no fees. Bank transfers take 1-3 business days, and USDT TRC20 deposits are processed within minutes. For withdrawals, AvaTrade charges no fees for e-wallets, while FXTM may impose a small fee for Skrill/Neteller. Overall, both brokers offer flexible options, but FXTM’s lower minimum deposit is a plus for Greece beginners.
| Islamic Account Feature | AvaTrade | FXTM |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both AvaTrade and FXTM offer Islamic (swap-free) accounts for Greece Muslim traders who require Sharia-compliant trading. AvaTrade provides Islamic accounts on request with no swap fees on overnight positions, and they are available for all account types. FXTM also offers swap-free accounts, but traders must contact customer support to activate them, and they may not be available on certain account types. For Greece traders, AvaTrade’s straightforward process is more convenient, though both brokers comply with local regulations.
| Support Feature | AvaTrade | FXTM | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | AvaTrade |
AvaTrade offers customer support in Greek via phone, email, and live chat, with 24/5 availability. FXTM also provides Greek language support but only during business hours. For Greece traders, AvaTrade’s local language support and extended hours are a clear advantage, ensuring timely assistance for any trading issues.
| Mobile Feature | AvaTrade | FXTM | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | AvaTrade |
| Google Play rating | 4.3 stars | 4.2 stars | AvaTrade |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | AvaTrade | FXTM | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | AvaTrade |
Choose AvaTrade if you...
Choose FXTM if you...
For Greece traders, AvaTrade is the superior choice overall, with a higher score (4.6 vs 4.3), fixed spreads, and strong local support. It excels in platform variety, Islamic account availability, and customer service in Greek. However, FXTM is a worthy alternative for those with smaller budgets or who prefer ECN-style trading. Both brokers are regulated by the Hellenic Capital Market Commission (HCMC) and support Bank Transfer, Skrill, Neteller, and USDT TRC20 deposits. Ultimately, AvaTrade offers the best balance of cost, features, and local relevance for retail traders in Greece.