Which broker is better for Greece traders in 2026? Expert analysis across 12 categories.
For Greece traders in 2025, choosing between FBS and Alpari is a critical decision. Both brokers are popular among retail traders in Greece, but they differ in key areas like spreads, local payment support, and regulatory protection. FBS, with a score of 3.7/5, offers tighter spreads, faster execution, and broader deposit options including USDT TRC20, which is widely used in Greece. Alpari, scoring 3.1/5, has a longer track record but higher trading costs and fewer local payment methods. Neither broker is regulated by the local financial regulator (HCMC), so Greek traders must rely on international licenses. This comparison will help you decide which broker aligns with your trading style and local needs.
| Instrument | FBS | Alpari | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Alpari |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Alpari |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Alpari |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Alpari |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $5 | $30 | Alpari |
For Greece traders, trading costs are a major factor. FBS offers spreads from 0.0 pips on its ECN account, while Alpari’s ECN account starts at 0.6 pips. On standard accounts, FBS spreads average 1.0 pips vs Alpari’s 1.5 pips. For a Greek trader executing 10 lots per month on EUR/USD, FBS saves approximately $50–$100 in spreads. Additionally, FBS charges no commission on standard accounts, while Alpari’s ECN account has a $3 per lot commission. Lower costs make FBS more attractive for high-volume and scalping strategies.
| Account Type | FBS | Alpari |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✓ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✓ |
| Min deposit | $5 | $30 |
| Entity / Asset | FBS | Alpari |
|---|---|---|
| Greece (offshore) | Up to 1:3000 | Up to 1:1000 |
| Forex major pairs | 1:3000 | 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 | FBS | Alpari | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FBS |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | ✗ | FBS |
| Crypto CFDs | 30+ | 20+ | FBS |
| Stocks / Share CFDs | ✗ | ✗ | Alpari |
| ETFs | ✗ | ✗ | Tie |
| Platform | FBS | Alpari |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✗ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer MetaTrader 4 and MetaTrader 5, which are the most popular platforms among Greece traders. FBS also provides its own web and mobile platforms with advanced charting tools. Alpari offers MT4 and MT5 only, but with additional plugins for automated trading. For Greek traders who prefer mobile trading, FBS’s app has better ratings and faster order execution. Both platforms support Greek language and local market hours.
| Factor | FBS | Alpari | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Alpari |
| Avg execution speed | ~30ms | ~40ms | FBS |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✗ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
FBS offers faster execution with an average speed of 0.3 seconds, suitable for scalping and high-frequency trading. Alpari’s execution averages 0.6 seconds, which may cause slippage during volatile markets. Both brokers use No Dealing Desk (NDD) execution for ECN accounts. For Greek traders who require quick fills, FBS is the better choice.
| Safety Factor | FBS | Alpari |
|---|---|---|
| Primary regulator | IFSC | FSC |
| Top-tier regulated | ✗ | ✗ |
| Investor protection | ✓ | ✗ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Neither FBS nor Alpari is regulated by the local financial regulator (HCMC). FBS is regulated by the FSC Belize and CySEC, while Alpari is regulated by the FSA Seychelles and FCA UK (for international clients). For Greece traders, this means no local investor protection, but both brokers offer negative balance protection and segregated accounts. Alpari’s FCA regulation provides stronger oversight, but FBS’s CySEC license offers some EU-level protections. Greek traders should be aware of the risks and consider using smaller deposits until trust is built.
| Payment Method | FBS | Alpari |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✓ |
| Withdrawal time | Electronic Wallets / Systems: Credited immediately to 30 minutes (processed 24/7 by the financial department).Cryptocurrency: Instant, though subject to blockchain network confirmations.Credit / Debit Cards: Average of 3 to 4 business days (internal processing takes 15–20 minutes, plus bank clearance).Bank Transfers: Usually processed within 7 to 10 business days. | Cryptocurrency / E-Wallets: Instant to 2 hours (after internal processing).Credit / Debit Cards: 2 to 10 business days.Bank Wire Transfers: 3 to 5 business days. |
Greece traders have several convenient deposit and withdrawal options at both brokers. FBS supports Bank Transfer, Skrill, Neteller, and USDT TRC20, with instant processing for e-wallets and crypto. Minimum deposit is $10 for all methods. Alpari also supports Bank Transfer, Skrill, Neteller, and USDT TRC20, but its minimum deposit is $50 for bank transfers. Withdrawals at FBS are processed within 24 hours for e-wallets, while Alpari takes 1-2 business days. USDT TRC20 deposits are free at both brokers, but bank transfers may incur fees. For Greek traders, FBS offers faster and cheaper deposit options.
| Islamic Account Feature | FBS | Alpari |
|---|---|---|
| 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 FBS and Alpari offer Islamic (swap-free) accounts for Muslim traders in Greece. FBS provides swap-free accounts on all account types without any extra fees, making it ideal for long-term traders. Alpari offers swap-free accounts upon request, but only for certain account types. Greek Muslim traders should check the terms carefully, as Alpari may charge a small fee after holding positions for more than 30 days. FBS’s policy is more flexible and cost-effective.
| Support Feature | FBS | Alpari | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FBS |
FBS offers 24/7 customer support in Greek and English via live chat, email, and phone. Alpari also provides 24/5 support with Greek language available during European hours. FBS’s support is faster and more responsive, with typical response times under 1 minute. Alpari’s support can take up to 30 minutes during peak times. For Greek traders, FBS provides better accessibility.
| Mobile Feature | FBS | Alpari | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FBS |
| Google Play rating | 4.3 stars | 4.2 stars | FBS |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | FBS | Alpari | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FBS |
Choose FBS if you...
Choose Alpari if you...
For Greece traders in 2025, FBS is the stronger choice overall. It offers lower spreads, faster execution, better local payment support including Bank Transfer, Skrill, Neteller, and USDT TRC20, and 24/7 Greek-language support. While Alpari has a longer history and FCA regulation, its higher costs and slower deposits make it less competitive. Given that neither broker is regulated by the local financial regulator, FBS’s higher score (3.7/5 vs 3.1/5) and trader-friendly features make it the recommended broker for Greek retail traders.