Which broker is better for Greece traders in 2026? Expert analysis across 12 categories.
Choosing between XM Group and Tickmill is a key decision for forex traders in Greece. Both brokers are well-established, regulated by the local financial regulator, and offer robust trading conditions. XM Group, with a score of 4.7/5, stands out for its extensive product range, multiple platforms (MT4, MT5, WebTrader), and strong educational support. Tickmill, rated 4.0/5, is favored by traders who prioritize low spreads and fast execution. Greece traders benefit from local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, making deposits and withdrawals seamless. Whether you are a beginner or an experienced trader, understanding the differences between these two brokers will help you align your choice with your trading style and goals in the Greek market.
| Instrument | XM Group | Tickmill | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Tickmill |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Tickmill |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Tickmill |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Tickmill |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $5 | $100 | Tickmill |
When comparing trading costs for Greece traders, Tickmill has the edge on spreads, especially on its Raw Spread account, where spreads start from 0.0 pips with a commission of $3 per lot per side. XM Group offers competitive spreads starting from 0.6 pips on its Zero account, with no commission. For a Greece trader executing 10 standard lots per month, Tickmill's lower spreads can save approximately $50–$100 compared to XM Group. However, XM Group's standard account has no commission, which may be more cost-effective for low-volume traders. Both brokers offer transparent pricing with no hidden fees, and the local financial regulator ensures fair practices.
| Account Type | XM Group | Tickmill |
|---|---|---|
| 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 | Tickmill |
|---|---|---|
| Greece (offshore) | Up to 1:1000 | Up to 1:1000 |
| Forex major pairs | 1:1000 | 1:1000 |
| 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 | Tickmill | 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+ | ✗ | XM Group |
| Stocks / Share CFDs | ✗ | ✗ | Tickmill |
| ETFs | ✗ | ✗ | Tie |
| Platform | XM Group | Tickmill |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
XM Group provides a wider selection of trading platforms, including MetaTrader 4, MetaTrader 5, and its proprietary XM WebTrader. This variety appeals to Greece traders who want flexibility across devices. Tickmill focuses on MT4 and MT5, which are stable and popular among experienced traders. Both platforms offer advanced charting tools, automated trading via Expert Advisors, and mobile apps for trading on the go. For Greece traders who value a modern interface and additional features like social trading, XM Group is the better choice. Tickmill’s platforms are more streamlined, ideal for traders who want a no-frills, efficient trading experience.
| Factor | XM Group | Tickmill | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Tickmill |
| 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 |
Both brokers offer fast execution speeds, but Tickmill is known for its ultra-low latency, with average execution under 40ms. XM Group also provides reliable execution, typically under 100ms. For Greece traders using high-frequency strategies or scalping, Tickmill’s faster execution can be crucial. XM Group’s execution is still excellent for most retail traders. Both brokers use No Dealing Desk (NDD) execution, ensuring no requotes or conflicts of interest.
| Safety Factor | XM Group | Tickmill |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both XM Group and Tickmill are regulated by the local financial regulator, providing Greece traders with a high level of security. XM Group is also regulated by multiple top-tier authorities, including CySEC and FCA, while Tickmill holds licenses from the FCA and CySEC as well. This multi-regulatory oversight means that Greece traders’ funds are kept in segregated accounts, and negative balance protection is offered. The local financial regulator’s involvement ensures that both brokers comply with Greek and EU financial laws, including MiFID II. For Greece traders, this regulatory framework adds a layer of trust and safety, making both brokers reliable choices.
| Payment Method | XM Group | Tickmill |
|---|---|---|
| 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 | Most withdrawals 1 business day; bank wire 1-3 days, Credit/Debit Cards: Up to 8 working days. |
Greece traders have convenient deposit and withdrawal options at both brokers. XM Group supports Bank Transfer, Skrill, Neteller, and USDT TRC20, along with credit/debit cards and other e-wallets. Tickmill offers similar methods, including Bank Transfer, Skrill, Neteller, and USDT TRC20. Deposits are processed instantly for Skrill, Neteller, and USDT TRC20, while Bank Transfers take 1-3 business days. Withdrawals are typically processed within 24 hours at both brokers, though Bank Transfers may take longer. XM Group has no deposit fees, while Tickmill may charge a small fee for certain methods. The availability of USDT TRC20 is particularly beneficial for Greece traders who prefer cryptocurrency transactions. Both brokers ensure that Greece traders can manage their funds efficiently and cost-effectively.
| Islamic Account Feature | XM Group | Tickmill |
|---|---|---|
| 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 Muslim traders in Greece, both XM Group and Tickmill offer Islamic (swap-free) accounts that comply with Sharia law by eliminating interest charges on overnight positions. XM Group provides Islamic accounts on all account types, including Micro, Standard, and Zero accounts. Tickmill offers Islamic accounts on its Classic and Raw Spread accounts. Greece traders can request an Islamic account during the registration process or by contacting customer support. Both brokers waive swap fees for these accounts, but may charge an administrative fee after a certain holding period. This makes both brokers suitable for Greece’s Muslim community, allowing them to trade in accordance with their religious principles.
| Support Feature | XM Group | Tickmill | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | XM Group |
XM Group offers 24/5 customer support in Greek and English, with live chat, email, and phone options. Tickmill provides similar support hours but with a smaller team. For Greece traders, XM Group’s Greek-language support is a significant advantage, ensuring clear communication. Tickmill’s support is efficient but primarily in English. Both brokers have comprehensive FAQs and educational resources. Overall, XM Group’s localized support gives it an edge for Greece traders.
| Mobile Feature | XM Group | Tickmill | 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 | Tickmill | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | XM Group |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | XM Group |
Choose XM Group if you...
Choose Tickmill if you...
For Greece traders, the choice between XM Group and Tickmill depends on your trading priorities. XM Group (score 4.7) excels in variety, education, and local support, making it ideal for beginners and those who value a comprehensive trading experience. Tickmill (score 4.0) shines with its low spreads and fast execution, perfect for cost-focused and high-volume traders. Both brokers are regulated by the local financial regulator and support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. If you prioritize a well-rounded broker with Greek-language support, choose XM Group. If low costs and execution speed are your top concerns, Tickmill is the better option. Ultimately, both are reliable choices for Greece traders in 2026.