FP Markets vs IG: Complete Comparison for Greece Traders (2026)

For Greek traders, trading costs are a major factor. FP Markets offers a Raw ECN account with spreads from 0.0 pips and a commission of $3 per lot per side, making it ideal for scalpers and day traders. IG’s standard account has spreads starting from 0.8 pips on EUR/USD with no commission, but its active trader program can reduce spreads for high-volume traders. On a typical $10,000 monthly volume, FP Markets is cheaper by approximately $20-$30 per month. Greek traders who trade frequently will benefit more from FP Markets’ lower spreads, while IG may suit those who prefer a simpler cost structure without commissions.

Both brokers offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are popular among Greek traders for their advanced charting and automated trading capabilities. FP Markets also provides its own IRESS platform, which is excellent for direct market access and advanced order types. IG offers its proprietary web platform and mobile app, which are user-friendly and feature integrated news and analysis. For Greek traders who rely on Expert Advisors (EAs) and custom indicators, FP Markets’ MT4/MT5 support is superior. IG’s platforms are better for beginners who want a streamlined experience with built-in educational tools.

FP Markets offers raw ECN execution with no dealing desk intervention, ensuring fast order execution and minimal slippage. IG also provides straight-through processing (STP) on its standard accounts but may have requotes during high volatility. For Greek traders who trade news events or use scalping strategies, FP Markets’ execution is superior. IG’s execution is reliable for most retail traders but may not match FP Markets’ speed and transparency.

IG is regulated by the local financial regulator in Greece, ensuring full compliance with Greek and European Union financial regulations, including client fund segregation and negative balance protection. FP Markets is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC), which also provide strong investor protection. For Greek traders, IG’s local regulation offers an extra layer of security and easier dispute resolution. FP Markets’ international licenses are still robust but may require cross-border communication for complaints. Both brokers adhere to strict capital adequacy requirements, safeguarding client funds.

Greek traders have multiple convenient options to fund their accounts at both FP Markets and IG. Bank Transfer is available for larger deposits, typically taking 1-3 business days with no fees from the brokers. Skrill and Neteller offer instant deposits and withdrawals, with FP Markets processing withdrawals within 24 hours. USDT TRC20 is a standout feature for FP Markets, allowing Greek traders to deposit and withdraw in cryptocurrency with near-instant processing and no blockchain fees. IG also supports USDT TRC20 but may have higher minimum deposit limits. For withdrawals, FP Markets generally processes faster, with most methods completed within 24 hours, while IG may take 1-2 business days. Greek traders should note that bank transfers from Greek banks may incur intermediary fees, so e-wallets and USDT are more cost-effective.

For Greek Muslim traders seeking Sharia-compliant accounts, both FP Markets and IG offer Islamic (swap-free) accounts. FP Markets provides Islamic accounts on request with no swap charges on all forex and commodity pairs, and it applies to both standard and raw ECN accounts. IG’s Islamic accounts are available but limited to certain account types and may exclude some instruments like cryptocurrencies. Greek traders should verify with customer support that their preferred instruments are swap-free. FP Markets’ policy is more flexible, making it a better choice for Muslim traders in Greece who trade a wide range of assets.

Both brokers offer customer support in English and other languages, but FP Markets provides 24/7 live chat and phone support, which is crucial for Greek traders who trade outside European hours. IG’s support is available 24/5 with extended hours on weekends. FP Markets also offers dedicated account managers for Greek clients, while IG relies more on its online help center. For Greek traders needing quick resolution, FP Markets’ round-the-clock support is a clear advantage.