FBS vs IC Markets 2026: Which Broker Suits Greece Traders Best?

For Greece traders, trading costs are a major differentiator. IC Markets offers spreads from 0.0 pips on its Raw Spread account (with a $7 round-turn commission per lot), while FBS spreads start at 0.5 pips on its Standard account with no commission. Over 100 lots per month, IC Markets can save a Greece trader $500 or more in spread costs. Additionally, IC Markets does not charge deposit fees for most methods, whereas FBS may apply small fees on certain e-wallet transactions. For active traders in Greece, IC Markets’ lower overall cost structure is a clear advantage.

Both brokers offer MetaTrader 4 and MetaTrader 5, the most popular platforms among Greece traders. IC Markets also provides cTrader, which appeals to advanced traders seeking advanced charting and depth-of-market data. FBS offers its own web-based platform and a mobile app, which are simpler but less feature-rich. For Greece traders who value customization and advanced tools, IC Markets’ platform suite is superior, while FBS is better for those who prefer a straightforward interface.

IC Markets excels in execution quality, with average order execution speeds under 40ms and no requotes on its Raw Spread accounts. FBS execution is reliable but slower, averaging 100ms, and may experience slippage during volatile markets. For Greece day traders and scalpers, IC Markets’ faster execution is crucial for capturing small price movements.

Regulation is a key concern for Greece traders. IC Markets is regulated by top-tier authorities such as ASIC (Australia) and CySEC (Cyprus), ensuring strict client fund segregation and negative balance protection. FBS is regulated by the IFSC (Belize), which offers less robust oversight. The local financial regulator in Greece does not directly supervise either broker, but IC Markets’ adherence to European standards (via CySEC) provides greater confidence for Greece-based traders, especially those depositing larger sums.

Greece traders can fund their accounts at both brokers using Bank Transfer, Skrill, Neteller, and USDT TRC20. FBS supports additional local options like Greek bank transfers, while IC Markets processes deposits instantly via e-wallets and crypto. Minimum deposits are $5 for FBS and $200 for IC Markets. Withdrawals: FBS processes within 24 hours for e-wallets, while IC Markets typically completes withdrawals within 1 business day. Bank transfers may take 2-5 days for both. USDT TRC20 deposits are fee-free at IC Markets, while FBS may charge a small network fee. For Greece traders, IC Markets offers faster processing and lower fees on crypto deposits.

Both FBS and IC Markets offer Islamic (swap-free) accounts for Greece Muslim traders. FBS provides Islamic accounts on its Standard and Cent accounts, with no overnight interest on positions. IC Markets offers swap-free accounts on all account types, including Raw Spread, with a 7-day holding period before swap-free status applies. Neither broker charges additional fees for Islamic accounts. For Greece traders observing Sharia law, IC Markets’ broader account availability is slightly more flexible.

Customer support for Greece traders is available 24/7 from both brokers. FBS offers support in Greek via live chat and email, while IC Markets provides multilingual support including English and Greek. IC Markets’ support is generally faster and more knowledgeable, with average response times under 5 minutes. FBS also has a comprehensive FAQ section in Greek, but phone support is limited.