Fxtm Vs Plus500: A Detailed Comparison For Greece Traders (2026)

For Greece traders, trading costs can significantly impact profitability. FXTM offers variable spreads starting from 0.1 pips on its ECN accounts, making it cheaper for high-volume traders. Plus500 uses fixed spreads, typically 0.8 pips on EUR/USD, which are higher but predictable. FXTM also charges a small commission on ECN accounts, while Plus500 has no commission but wider spreads. Over 100 trades per month, FXTM’s lower spreads can save Greek traders €50-100, depending on volume.

FXTM provides MetaTrader 4 and 5, popular among Greek traders for their advanced charting, automated trading, and custom indicators. Plus500 uses its proprietary web-based platform, which is simpler and mobile-friendly but lacks advanced tools. For Greek traders who value technical analysis and EA support, FXTM is better. Plus500’s platform is ideal for those who prefer a clean, intuitive interface with one-click trading.

FXTM offers market execution with low latency and no requotes on most accounts, ideal for Greek scalpers and day traders. Plus500 uses STP execution with fixed spreads, but orders may be subject to slippage during volatile periods. For fast, reliable execution, FXTM is superior, while Plus500 provides consistent pricing for less active traders.

Both FXTM and Plus500 are regulated by the local financial regulator in Greece, ensuring compliance with MiFID II standards. This means Greek traders benefit from negative balance protection, segregated client funds, and access to the Greek investor compensation scheme (up to €20,000). FXTM also holds licenses from CySEC and FCA, adding an extra layer of security. Plus500 is regulated by the FCA and CySEC, making both brokers trustworthy for Greek residents.

Greece traders can fund their accounts easily at both brokers. FXTM supports Bank Transfer, Skrill, Neteller, and USDT TRC20, with minimum deposits starting at $10 (or €10). Plus500 also accepts these methods but requires a minimum of $100. Withdrawals at FXTM are processed within 1-2 business days for e-wallets and 2-5 days for bank transfers. Plus500 processes withdrawals in 2-3 business days. USDT TRC20 is a fast, low-fee option for crypto users, available at both brokers. No deposit fees are charged, but bank transfers may incur intermediary charges.

For Greek Muslim traders requiring Sharia-compliant accounts, both FXTM and Plus500 offer Islamic (swap-free) accounts. FXTM provides them on all account types upon request, with no swap charges on overnight positions. Plus500 offers them automatically for eligible clients, but only on certain instruments. FXTM’s policy is more flexible, allowing Greek traders to trade forex, indices, and commodities without interest. Both brokers require verification of Muslim faith for eligibility.

FXTM offers 24/5 customer support in Greek and English via live chat, email, and phone, with a dedicated account manager for VIP clients. Plus500 provides 24/7 support in multiple languages, including Greek, through live chat and email. For Greek traders, FXTM’s local language support and personalized service are a plus, while Plus500’s round-the-clock availability is convenient for urgent queries.