Which broker is better for Greece traders in 2026? Expert analysis across 12 categories.
Greek retail traders face unique challenges – from Eurozone policy shifts to local economic data – making broker choice critical. EasyMarkets (score 3.4/5) and XM Group (score 4.7/5) are both popular choices, but they serve different needs. EasyMarkets appeals with its fixed spreads, no slippage guarantee, and user-friendly platform, ideal for those who prefer predictable costs. XM Group, on the other hand, offers variable spreads starting from 0.0 pips, fast execution, and a wider range of account types. Both brokers accept Greek clients, support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, and are overseen by the local financial regulator. This comparison breaks down trading costs, platforms, regulation, and deposit/withdrawal specifics to help Greek traders decide which broker fits their style.
| Instrument | EasyMarkets | XM Group | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | XM Group |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | XM Group |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | XM Group |
| Standard acc spread | from 1.0 pips | from 0.8 pips | XM Group |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $5 | EasyMarkets |
For Greek traders, spread costs directly impact profitability. XM Group offers variable spreads starting from 0.0 pips on its Zero account (plus a $7 round-turn commission) and from 1.0 pip on the standard account. EasyMarkets charges fixed spreads averaging 1.2 pips on EUR/USD with no commission. On a standard lot ($100,000) trade, XM’s variable spread can be 60% cheaper during low volatility, but EasyMarkets’ fixed spread protects against widening during Greek news releases. High-volume traders will benefit more from XM’s lower costs, while casual traders may prefer EasyMarkets’ simplicity.
| Account Type | EasyMarkets | XM Group |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✓ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $5 |
| Entity / Asset | EasyMarkets | XM Group |
|---|---|---|
| Greece (offshore) | Up to 1:2000 | Up to 1:1000 |
| Forex major pairs | 1:2000 | 1:1000 |
| 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 | EasyMarkets | XM Group | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | EasyMarkets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | EasyMarkets |
| Crypto CFDs | 30+ | 20+ | EasyMarkets |
| Stocks / Share CFDs | ✗ | ✗ | XM Group |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | XM Group |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer MetaTrader 4 and MetaTrader 5, the industry standards favored by Greek traders for advanced charting and automated trading. EasyMarkets also provides its proprietary web platform with a unique deal cancellation feature – useful for hedging mistakes. XM Group additionally offers the XM WebTrader and a mobile app with strong execution. For Greek traders who rely on technical analysis and Expert Advisors, either platform works, but XM’s broader toolset and faster order execution give it an edge.
| Factor | EasyMarkets | XM Group | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | XM Group |
| Avg execution speed | ~30ms | ~40ms | EasyMarkets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✗ | ✓ | Tie |
XM Group uses a no-dealing-desk (NDD) model with low latency, averaging 0.1 seconds on order execution and no requotes. EasyMarkets offers NDD execution on its variable spread accounts but may occasionally requote on fixed spreads during volatile periods. For Greek traders trading major pairs like EUR/USD, XM’s execution is more reliable, especially during news events.
| Safety Factor | EasyMarkets | XM Group |
|---|---|---|
| Primary regulator | CySEC | ASIC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
EasyMarkets is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Australian ASIC, while XM Group holds licenses from CySEC, the UK FCA, and Australia ASIC. Both comply with EU MiFID II, ensuring negative balance protection and client fund segregation – critical for Greek traders under the local financial regulator’s oversight. XM’s additional FCA license offers extra transparency and access to the UK Financial Ombudsman, though for Greece, CySEC regulation is sufficient and recognized locally.
| Payment Method | EasyMarkets | XM Group |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✓ |
| Withdrawal time | Cards 1-2 business days; e-wallets instant-1 business day; bank wire 3-10 business days; overall back-office processing within 1 business day (24h) | Visa/Mastercard and e-wallets near-instant to 1-2 business days; bank wire several days |
Greek traders have several funding options at both brokers. Bank Transfer works for larger deposits but takes 1–3 business days and may incur intermediary fees. Skrill and Neteller allow instant deposits and quick withdrawals, with zero fees from the broker (though e-wallet fees may apply). USDT TRC20 is supported by both, offering instant, low-cost crypto deposits without bank involvement – ideal for Greek traders who prefer digital assets. XM charges no withdrawal fees; EasyMarkets also offers free withdrawals once per month. Overall, Skrill and USDT are the fastest and most cost-effective options for Greeks.
| Islamic Account Feature | EasyMarkets | XM Group |
|---|---|---|
| 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 EasyMarkets and XM Group offer Islamic (swap-free) accounts for Greek Muslim traders who cannot receive or pay interest. EasyMarkets provides a genuine swap-free account with no time limit or hidden charges. XM Group also offers Islamic accounts across most account types, but positions held over several days may incur a small administrative fee. Greek traders should confirm terms with support to ensure compliance with Sharia law. Both brokers process swap-free requests quickly, typically within 24 hours.
| Support Feature | EasyMarkets | XM Group | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
XM Group provides 24/7 customer support in Greek via live chat, phone, and email, with fast response times (under 30 seconds on chat). EasyMarkets offers support in Greek during business hours (Monday–Friday) and via email over weekends. For Greek traders needing assistance outside standard hours, XM’s round-the-clock availability is a clear advantage.
| Mobile Feature | EasyMarkets | XM Group | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | EasyMarkets |
| Google Play rating | 4.3 stars | 4.2 stars | EasyMarkets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | EasyMarkets | XM Group | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose XM Group if you...
For Greek traders, XM Group (4.7/5) is the overall better choice, offering lower trading costs, superior execution, round-the-clock support in Greek, and a broader range of account types. It handles local payments – Bank Transfer, Skrill, Neteller, and USDT TRC20 – efficiently. EasyMarkets (3.4/5) remains a viable option for beginners or those who value fixed spreads and the deal cancellation feature. Both brokers operate under the local financial regulator, ensuring safety. If cost and flexibility matter most, choose XM; if simplicity and predictability are key, EasyMarkets fits.