IC Markets vs FxPro 2026: Which Broker Suits Greece Traders Best?
Which broker is better for Greece traders in 2026? Expert analysis across 12 categories.
Quick Verdict — Greece Traders
Greece traders looking for a reliable forex broker often compare IC Markets and FxPro, two well-established names in the industry. Both brokers are regulated by CySEC, which is recognized by the local financial regulator, ensuring a secure trading environment for Greek residents. IC Markets, with a 4.8/5 score, is known for its ultra-tight spreads and advanced trading tools, appealing to active traders. FxPro, scoring 4.1/5, offers a user-friendly platform and fixed spread options, making it suitable for beginners or those who prefer simplicity. Both support popular local payment methods like Bank Transfer, Skrill, Neteller, and USDT, and offer accounts in USD. This comparison will help Greece traders decide which broker aligns with their trading style and needs in 2026.
Overall Scores Comparison
Trading Costs - Spreads & Commissions
| Instrument | IC Markets | FxPro | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FxPro |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FxPro |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FxPro |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FxPro |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $200 | $100 | FxPro |
For Greece traders, trading costs are a key factor, especially for those trading frequently or in volume. IC Markets offers spreads from 0.0 pips on its Raw Spread account with a $3.50 commission per lot per side, making it highly cost-effective for scalpers and day traders. FxPro's standard account has variable spreads starting at 0.6 pips on EUR/USD with no commission, which can be more expensive over many trades. For example, a Greece trader executing 50 lots per month would pay significantly less with IC Markets, saving hundreds of dollars in spread costs. FxPro also offers a cTrader account with raw spreads from 0.0 pips and a commission, but IC Markets generally provides tighter pricing on major pairs.
Account Types Comparison
| Account Type | IC Markets | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $200 | $100 |
Leverage Comparison - Greece Traders
| Entity / Asset | IC Markets | FxPro |
|---|---|---|
| Greece (offshore) | Up to 1:5000 | Up to 1:500 |
| Forex major pairs | 1:5000 | 1:500 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
Trading Instruments - Assets Available
| Asset Class | IC Markets | FxPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | IC Markets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | IC Markets |
| Crypto CFDs | 30+ | 20+ | IC Markets |
| Stocks / Share CFDs | ✗ | 1,700+ | FxPro |
| ETFs | ✗ | ✗ | Tie |
Platforms Comparison
| Platform | IC Markets | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Greece traders have access to a range of platforms from both brokers. IC Markets offers MetaTrader 4, MetaTrader 5, cTrader, and WebTrader, catering to both beginners and advanced traders. FxPro provides MT4, MT5, cTrader, and its proprietary FxPro Edge platform. For Greece traders, the availability of cTrader on both brokers is a plus, as it offers advanced charting and fast execution. IC Markets' platforms are known for their reliability and low latency, which is crucial for traders using local internet connections. FxPro's platforms are equally robust, but IC Markets has a slight edge in customization options and third-party plugin support.
Execution Quality - Speed & Slippage
| Factor | IC Markets | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| Avg execution speed | ~30ms | ~40ms | IC Markets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
IC Markets is renowned for its ultra-fast execution speeds, with an average of 40ms, making it ideal for scalpers and high-frequency traders in Greece. The broker uses Equinix NY4 data centers for low-latency trading. FxPro also offers fast execution, averaging around 50ms, but may have slight slippage during volatile markets. For Greece traders prioritizing speed and reliability, IC Markets has a clear advantage.
Regulation & Safety for Greece Traders
| Safety Factor | IC Markets | FxPro |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both IC Markets and FxPro are regulated by CySEC (Cyprus Securities and Exchange Commission), which is a European regulator recognized by the local financial regulator in Greece. This means Greece traders benefit from MiFID II protections, including client fund segregation, negative balance protection, and access to the Investor Compensation Fund (ICF) for up to €20,000. IC Markets also holds additional licenses from ASIC and FCA, while FxPro is regulated by FCA, FSCA, and SCB. For Greece traders, CySEC regulation provides a solid legal framework, and both brokers are required to adhere to strict reporting and transparency standards.
Deposits & Withdrawals for Greece
| Payment Method | IC Markets | FxPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | E-wallets instant-24hrs; Cards 3-5 business days (up to 10); Int'l bank wire up to 14 days | 1 business day |
Greece traders can fund their accounts at both IC Markets and FxPro using Bank Transfer, Skrill, Neteller, and USDT, among other methods. IC Markets also accepts credit/debit cards, PayPal, and UnionPay, while FxPro supports credit/debit cards and PayPal. Deposits via e-wallets (Skrill, Neteller) and USDT are processed instantly, allowing Greece traders to start trading immediately. Bank Transfers may take 1-3 business days and are free of charge at both brokers. Withdrawals are typically processed within 24 hours for e-wallets and USDT, while bank transfers may take 1-3 business days. Both brokers do not charge internal fees for deposits or withdrawals, making them cost-effective for Greece traders.
Islamic Accounts - Swap-Free for Greece Muslims
| Islamic Account Feature | IC Markets | FxPro |
|---|---|---|
| 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 who require swap-free accounts, both IC Markets and FxPro offer Islamic accounts. IC Markets provides swap-free accounts on all account types, including Standard and Raw Spread, with no additional fees for holding positions overnight. FxPro also offers Islamic accounts on its MT4, MT5, and cTrader platforms, but may apply a small administrative fee after a certain number of days. Greece traders should check the specific terms with each broker, as conditions may vary. IC Markets' Islamic account is generally more favorable for long-term positions due to the absence of swap charges.
Customer Support Comparison
| Support Feature | IC Markets | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | IC Markets |
Both brokers offer 24/5 customer support in English, with IC Markets also providing support in Greek and other languages. IC Markets' support team is known for quick response times via live chat and email. FxPro offers support in multiple languages, including Greek, via phone, email, and live chat. For Greece traders, having Greek-language support can be a deciding factor, and both brokers deliver in this area.
Mobile App Comparison
| Mobile Feature | IC Markets | FxPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | IC Markets |
| Google Play rating | 4.3 stars | 4.2 stars | IC Markets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
Education & Research Tools
| Resource | IC Markets | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | IC Markets |
Real User Reviews - Trustpilot
Pros & Cons of Each Broker
IC Markets
FxPro
Who Should Use Which Broker? - Greece Guide
Choose IC Markets if you...
- Are a scalper or day trader seeking ultra-tight spreads from 0.0 pips.
- Trade high volumes and want the lowest possible trading costs.
- Prefer advanced platforms like cTrader or MT5 with full customization.
- Need fast execution (40ms) for algorithmic or high-frequency strategies.
Choose FxPro if you...
- Are a beginner or casual trader who prefers fixed spreads and simplicity.
- Want a broker with a strong reputation and multiple regulatory licenses.
- Value Greek-language customer support and a user-friendly platform.
- Trade less frequently and prioritize stability over ultra-low costs.
FAQ - IC Markets vs FxPro in Greece
Final Verdict - Greece 2026
For Greece traders in 2026, IC Markets emerges as the stronger choice for active and cost-conscious traders, thanks to its lower spreads, faster execution, and extensive platform options. FxPro is a solid alternative for beginners or those who prefer a more straightforward trading experience with fixed costs. Both brokers accept local payment methods like Bank Transfer, Skrill, Neteller, and USDT, and are regulated by CySEC under the local financial regulator. Ultimately, IC Markets offers better value for volume traders, while FxPro provides simplicity and trusted regulation. Greece traders should consider their trading frequency and cost sensitivity when making a choice.