Which broker is better for Greece traders in 2026? Expert analysis across 12 categories.
For retail traders in Greece, choosing between FBS and RoboForex is a common dilemma. Both brokers are well-established in the European market and accept Greek clients, offering local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. However, they differ significantly in trading costs, regulation, and platform features. FBS scores 3.7/5, reflecting its competitive spreads, user-friendly platforms, and strong support for Greek traders. RoboForex, scoring 3.2/5, appeals to traders who need advanced tools like copy trading and a wider range of account types. Both brokers operate under international licenses rather than the local financial regulator, meaning Greek traders should exercise due diligence. This comparison focuses on what matters most to Greece traders: cost, convenience, and reliability.
| Instrument | FBS | RoboForex | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | RoboForex |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | RoboForex |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | RoboForex |
| Standard acc spread | from 1.0 pips | from 0.8 pips | RoboForex |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $5 | $10 | RoboForex |
For Greece traders, trading costs are a key differentiator. FBS offers tighter spreads on major forex pairs like EUR/USD, starting from 1 pip on standard accounts, while RoboForex starts at 1.3 pips. On a typical monthly volume of 10 lots, FBS can save Greek traders around $30–$50 in spread costs compared to RoboForex. RoboForex’s ECN accounts have lower raw spreads but add a commission of $3–$6 per lot, which can offset the benefit for smaller traders. FBS also has lower swap rates for holding positions overnight, which is beneficial for Greek traders who hold trades longer.
| Account Type | FBS | RoboForex |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✓ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $5 | $10 |
| Entity / Asset | FBS | RoboForex |
|---|---|---|
| Greece (offshore) | Up to 1:3000 | Up to 1:2000 |
| Forex major pairs | 1:3000 | 1:2000 |
| 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 | RoboForex | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FBS |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FBS |
| Crypto CFDs | 30+ | 20+ | FBS |
| Stocks / Share CFDs | ✗ | ✗ | RoboForex |
| ETFs | ✗ | ✗ | Tie |
| Platform | FBS | RoboForex |
|---|---|---|
| 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 preferred platforms for Greek retail traders due to their reliability and advanced charting. FBS also provides its proprietary FBS Trader app, which is mobile-friendly and suits Greek traders who trade on the go. RoboForex offers cTrader and R Trader in addition to MT4/MT5, giving more variety for algorithmic traders. For Greek traders who value simplicity, FBS’s platform ecosystem is more intuitive, while RoboForex appeals to those who want multiple platform choices.
| Factor | FBS | RoboForex | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | RoboForex |
| 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 provides ECN execution with no requotes on most account types, ensuring fast trade execution for Greek traders. RoboForex also offers ECN execution on its ECN accounts, but standard accounts may have dealing desk intervention, leading to occasional slippage. For scalpers and day traders in Greece, FBS’s execution speed is more reliable, while RoboForex’s ECN accounts are suitable for high-frequency strategies.
| Safety Factor | FBS | RoboForex |
|---|---|---|
| Primary regulator | IFSC | IFSC |
| Top-tier regulated | ✗ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a critical factor for Greece traders. FBS is regulated by CySEC (Cyprus), which provides a level of EU oversight and investor compensation, though not directly by the local financial regulator. RoboForex is regulated by the IFSC (Belize) and FSC (Belarus), offering less regulatory protection. For Greek traders, FBS’s CySEC regulation is a stronger safety net, including negative balance protection. However, both brokers are not under the direct supervision of the Greek local financial regulator, so traders should verify their license status and consider the risks of offshore regulation.
| Payment Method | FBS | RoboForex |
|---|---|---|
| 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. | 1 to 5 business days |
Greece traders have convenient deposit and withdrawal options at both brokers. FBS supports Bank Transfer, Skrill, Neteller, and USDT TRC20, with most deposits processed instantly and withdrawals within 24 hours. RoboForex also accepts these methods, plus additional e-wallets like Perfect Money and AdvCash. Minimum deposits are low: FBS starts at $5, RoboForex at $10. For Greek traders, USDT TRC20 is particularly useful for fast, low-cost transfers. Withdrawal fees are minimal at both, but FBS offers free withdrawals on some methods, while RoboForex may charge a small fee. Bank Transfer is reliable but slower, taking 1–3 business days.
| Islamic Account Feature | FBS | RoboForex |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
For Greece Muslim traders, both FBS and RoboForex offer Islamic (swap-free) accounts. FBS provides swap-free accounts on all account types, including Standard, Cent, and ECN, with no additional charges or time limits. RoboForex offers Islamic accounts on Standard and ECN accounts, but may apply a maintenance fee after 30 days of holding a position. Greek traders who require Sharia-compliant trading should review these terms: FBS is more accommodating for long-term holdings, while RoboForex is better for short-term trading.
| Support Feature | FBS | RoboForex | 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, with live chat, email, and phone options. RoboForex provides 24/5 support in English and Russian, with limited Greek language assistance. For Greece traders, FBS’s local language support is a significant advantage, especially for resolving account issues quickly. Both brokers have comprehensive FAQ sections, but FBS’s response times are faster.
| Mobile Feature | FBS | RoboForex | 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 | RoboForex | 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 RoboForex if you...
For the average retail trader in Greece, FBS is the stronger choice due to its higher rating, tighter spreads, and CySEC regulation. The ability to deposit via Bank Transfer, Skrill, Neteller, and USDT TRC20, combined with Greek language support, makes it a convenient and cost-effective option. RoboForex remains a viable alternative for traders seeking advanced platform features or copy trading, but its lower regulatory status and higher spreads on standard accounts are drawbacks. Greece traders should weigh their priorities: if low costs and regulatory safety matter most, FBS leads; if platform variety and ECN trading are key, RoboForex is worth considering. Always verify the latest terms with the local financial regulator before committing.