Which broker is better for Greece traders in 2026? Expert analysis across 12 categories.
For Greek retail traders seeking a reliable forex broker in 2026, XM Group and FxPro are two top choices. Both are regulated by the local financial regulator (Hellenic Capital Market Commission), ensuring Greek traders operate within a safe, EU-compliant environment. XM Group scores 4.7/5, praised for its low spreads and diverse account types, while FxPro scores 4.1/5, known for its advanced trading platforms and strong execution. Greek traders often face unique needs: access to local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, and clear fee structures. This comparison breaks down spreads, platforms, regulation, and deposit options to help you decide which broker fits your trading style. Whether you trade EUR/USD or gold, understanding these differences is key to optimizing your costs and experience in the Greek market.
| Instrument | XM Group | 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 | $5 | $100 | FxPro |
For Greek traders, trading costs are a critical factor. XM Group offers spreads from 0.0 pips on its Ultra Low account, while FxPro's raw spreads start at 0.2 pips. On a typical EUR/USD trade of 1 lot (100,000 units), XM Group's lower spreads can save €2-€3 per trade compared to FxPro. For Greek scalpers or day traders executing multiple trades, these savings add up significantly. Both brokers charge no commission on standard accounts, but XM Group's Ultra Low account has a small commission. FxPro's commission on its Raw account is $3.5 per side. Considering the EUR/USD pair, XM Group is more cost-effective for high-volume Greek traders.
| Account Type | XM Group | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $5 | $100 |
| Entity / Asset | XM Group | FxPro |
|---|---|---|
| Greece (offshore) | Up to 1:1000 | Up to 1:500 |
| Forex major pairs | 1:1000 | 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 |
| Asset Class | XM Group | FxPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | XM Group |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | XM Group |
| Crypto CFDs | 30+ | 20+ | XM Group |
| Stocks / Share CFDs | ✗ | 1,700+ | FxPro |
| ETFs | ✗ | ✗ | Tie |
| Platform | XM Group | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Greek traders value platform flexibility. XM Group offers MetaTrader 4 and 5, plus its own XM WebTrader, all available in Greek language. FxPro provides MetaTrader 4, 5, cTrader, and its own FxPro Edge platform. For Greek traders who prefer advanced charting and algorithmic trading, cTrader on FxPro is a standout. However, XM Group's platforms are more intuitive for beginners. Both brokers support mobile trading on iOS and Android, essential for Greek traders on the go. FxPro's wider platform choice gives it an edge for experienced traders.
| Factor | XM Group | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| Avg execution speed | ~30ms | ~40ms | XM Group |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Execution quality is vital for Greek traders, especially in volatile markets. XM Group uses No Dealing Desk (NDD) execution with an average speed of 0.1 seconds. FxPro offers ECN execution with speeds around 0.3 seconds. For scalping or news trading, XM Group's faster execution gives an edge. Both brokers allow hedging and scalping without restrictions.
| Safety Factor | XM Group | FxPro |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both XM Group and FxPro are regulated by the local financial regulator (Hellenic Capital Market Commission - HCMC), ensuring Greek traders benefit from EU investor protection, including negative balance protection and segregated accounts. XM Group is also regulated by CySEC and the FCA, while FxPro holds licenses from the FCA, CySEC, and SCB. For Greek traders, HCMC regulation means both brokers must adhere to strict capital adequacy and reporting standards. This adds a layer of safety, especially for retail traders depositing via Bank Transfer, Skrill, Neteller, or USDT TRC20.
| Payment Method | XM Group | FxPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | Visa/Mastercard and e-wallets near-instant to 1-2 business days; bank wire several days | 1 business day |
Greek traders have convenient deposit options at both brokers. Bank Transfer is available for larger deposits (€100+), though it takes 1-3 business days. Skrill and Neteller enable instant deposits with no fees, ideal for quick funding. USDT TRC20 is a modern option for crypto-savvy Greek traders, offering near-instant transactions with low fees. XM Group supports all these methods plus credit/debit cards and local Greek bank transfers. FxPro also accepts these methods, but its minimum deposit for Skrill/Neteller is €100, while XM Group's minimum is $5. Withdrawals are processed within 24 hours for e-wallets, and 1-3 days for bank transfers. Both brokers do not charge internal fees, but third-party fees may apply for Bank Transfer.
| Islamic Account Feature | XM Group | 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 Greek Muslim traders requiring Sharia-compliant accounts, both brokers offer Islamic (swap-free) accounts. XM Group provides swap-free accounts automatically on request, with no additional fees or time limits. FxPro also offers Islamic accounts, but they are available only on certain account types and may require manual activation. Greek traders should contact customer support to confirm eligibility. XM Group's policy is more straightforward, making it a better choice for Greek Muslim traders who want a hassle-free Islamic account.
| Support Feature | XM Group | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | XM Group |
Both brokers offer 24/5 customer support in Greek language, which is crucial for Greek traders. XM Group provides live chat, email, and phone support with faster response times (under 1 minute on chat). FxPro also offers Greek support but has slightly longer wait times. XM Group's support is more accessible for Greek retail traders, especially during European trading hours.
| Mobile Feature | XM Group | FxPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | XM Group |
| Google Play rating | 4.3 stars | 4.2 stars | XM Group |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | XM Group | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | XM Group |
Choose XM Group if you...
Choose FxPro if you...
For most Greek retail traders, XM Group is the better choice due to its lower spreads, faster execution, and more convenient deposit options including Bank Transfer, Skrill, Neteller, and USDT TRC20. Its 4.7/5 score reflects strong overall performance, especially for cost-conscious traders. FxPro remains a solid option for advanced traders who need cTrader or ECN execution. Both are regulated by the local financial regulator, ensuring safety. Considering the Greek trading environment, XM Group offers better value for everyday retail traders, while FxPro suits those seeking platform diversity. Test both with a demo account to see which aligns with your strategy.