Which broker is better for Greece traders in 2026? Expert analysis across 12 categories.
For retail traders in Greece, choosing between HYCM and EasyMarkets requires a close look at regulation, costs, and local payment options. HYCM, with a score of 3.6/5, is regulated by the local financial regulator, offering Greek traders a high level of security and oversight. EasyMarkets, scoring 3.4/5, is known for its user-friendly platform and fixed spreads, appealing to beginners. Both brokers accept Bank Transfer, Skrill, Neteller, and USDT TRC20, making deposits convenient for Greek users. HYCM provides a wider range of tradable assets and lower variable spreads, while EasyMarkets simplifies trading with risk management tools like dealCancellation. Greek traders must also consider the impact of EUR/USD exchange rates on their USD-denominated accounts. This comparison will help you decide which broker aligns with your trading style, whether you prioritize cost efficiency or simplicity. With local regulation backing HYCM, it may be the safer choice, but EasyMarkets' fixed costs can be attractive for those who prefer predictability.
| Instrument | HYCM | EasyMarkets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | EasyMarkets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | EasyMarkets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | EasyMarkets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | EasyMarkets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $20 | $25 | HYCM |
For Greece traders, trading costs are a key factor. HYCM offers variable spreads starting from 0.2 pips on EUR/USD, which benefits high-volume traders who can lower their average cost. EasyMarkets uses fixed spreads, typically around 1.2 pips on the same pair, providing certainty but higher costs per trade. On a standard lot of EUR/USD, HYCM’s spread can be $2 per round turn, while EasyMarkets charges about $12. For Greek retail traders executing 10 lots monthly, HYCM saves $100 in spread costs. However, EasyMarkets has no commission on most accounts, while HYCM may charge commissions on raw spread accounts. Consider your trading volume and frequency to choose the more cost-effective option.
| Account Type | HYCM | EasyMarkets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $20 | $25 |
| Entity / Asset | HYCM | EasyMarkets |
|---|---|---|
| Greece (offshore) | Up to 1:500 | Up to 1:2000 |
| Forex major pairs | 1:500 | 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 | HYCM | EasyMarkets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | HYCM |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | HYCM |
| Crypto CFDs | 30+ | 20+ | HYCM |
| Stocks / Share CFDs | ✗ | ✗ | EasyMarkets |
| ETFs | ✗ | ✗ | Tie |
| Platform | HYCM | EasyMarkets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer MetaTrader 4 (MT4) and web-based platforms, but with differences. HYCM provides MT4 and its own proprietary platform, HYCM Trader, which includes advanced charting and automated trading tools—ideal for Greek traders who use Expert Advisors. EasyMarkets offers a simplified web platform and mobile app with features like dealCancellation and free guaranteed stop-loss, which can help manage risk for beginners. For Greek traders needing fast execution and custom indicators, HYCM’s MT4 is superior. If you prefer a straightforward interface with built-in risk management, EasyMarkets is easier to use. Both platforms are available in Greek, but HYCM’s broader toolset suits active traders.
| Factor | HYCM | EasyMarkets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | EasyMarkets |
| Avg execution speed | ~30ms | ~40ms | HYCM |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
HYCM uses No Dealing Desk (NDD) execution with low latency, suitable for scalping and high-frequency trading. EasyMarkets operates on a market maker model, which can cause slight re-quotes during volatile markets. For Greek traders who trade news events or use automated strategies, HYCM’s faster execution is advantageous. EasyMarkets’ execution is reliable for standard trades but may not suit aggressive styles. Both brokers have good uptime, but HYCM edges ahead for speed-sensitive traders.
| Safety Factor | HYCM | EasyMarkets |
|---|---|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
HYCM is regulated by the local financial regulator, which directly oversees its operations in Greece, providing strong investor protection and compliance with Greek financial laws. EasyMarkets is regulated by the Cyprus Securities and Exchange Commission (CySEC) and other authorities, but not specifically by the Greek regulator. For Greek traders, HYCM’s local regulation means disputes can be handled locally, and funds are protected under Greek compensation schemes. EasyMarkets offers EU-level protection through CySEC, but may have less direct accountability to Greek authorities. This makes HYCM a safer choice for risk-averse Greek traders seeking local oversight.
| Payment Method | HYCM | EasyMarkets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | E-Wallets (Skrill, Neteller, WebMoney): 1 hour to 1 business day.Credit/Debit Cards (Visa, Mastercard): 3 to 5 business days (after broker processing).Bank Wire Transfers: 3 to 7 business days depending on your bank and location. | Cards 1-2 business days; e-wallets instant-1 business day; bank wire 3-10 business days; overall back-office processing within 1 business day (24h) |
Greek traders can fund their accounts at both HYCM and EasyMarkets using Bank Transfer, Skrill, Neteller, and USDT TRC20. Bank transfers are reliable but take 1-3 business days; Skrill and Neteller are instant and widely used in Greece for forex deposits. USDT TRC20 offers a fast, low-cost crypto option, especially useful for avoiding bank delays. Minimum deposits vary: HYCM requires $100 for standard accounts, while EasyMarkets starts at $25. Withdrawals are processed within 24 hours for e-wallets and crypto, but bank transfers may take 2-5 days. Both brokers charge no deposit fees, but check for withdrawal fees—HYCM may have a small charge for bank transfers. For Greek traders, Skrill and Neteller are the most convenient due to local popularity.
| Islamic Account Feature | HYCM | EasyMarkets |
|---|---|---|
| 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 HYCM and EasyMarkets offer swap-free Islamic accounts for Muslim traders in Greece, complying with Sharia law. HYCM provides Islamic accounts upon request, with no overnight interest charges on positions held beyond the daily rollover. EasyMarkets also supports Islamic accounts with fixed spreads and no swap fees. Greek traders should note that Islamic accounts may have limited leverage or instrument availability. It’s best to confirm terms with each broker’s support team before opening an account. Both brokers are accommodating, but HYCM’s more extensive asset list may offer better diversification for Greek Muslim traders.
| Support Feature | HYCM | EasyMarkets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | HYCM |
HYCM offers 24/5 multilingual support via live chat, email, and phone, with Greek language assistance available during business hours. EasyMarkets provides 24/5 support in multiple languages, including Greek, through live chat and email. Response times are similar—within minutes for live chat. For Greek traders, having native-language support is crucial for resolving issues quickly. Both brokers perform well, but HYCM’s phone support may be more reliable for urgent matters.
| Mobile Feature | HYCM | EasyMarkets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | HYCM |
| Google Play rating | 4.3 stars | 4.2 stars | HYCM |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | HYCM | EasyMarkets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | HYCM |
Choose HYCM if you...
Choose EasyMarkets if you...
For Greece retail traders, HYCM ranks higher overall (3.6/5) than EasyMarkets (3.4/5) due to local regulation, lower spreads, and better execution. The local financial regulator oversight gives HYCM a trust advantage for Greek clients. However, EasyMarkets is a strong alternative for beginners who value fixed costs and built-in risk tools. Both brokers support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, ensuring convenient deposits. Your final choice depends on trading style: choose HYCM for cost efficiency and advanced features, or EasyMarkets for simplicity and predictable costs. Consider opening demo accounts with both to test their platforms before committing real funds.