Best Forex Trading App in Greece for 2024 - TOP 5 Comparison

1
7.69
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2
8.28
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3
7.19
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Many traders in Greece use mobile apps to trade. Many brokers operate in this country, each offering their own platform. Before making a choice, it is important to evaluate apps to find the one that perfectly suits your goals and strategy. TU analysts compared Top 5 mobile apps. You will be able to choose the Best Forex Trading App in Greece for 2024, based on our assessments.

1
7.69
VISIT BROKER
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Eightcap has favorable working conditions due to a large choice of instruments, tight spreads, high leverage, and no withdrawal fees. Integration with popular trading platforms and basic deposit/withdrawal options greatly facilitates work with the broker and reduces the entry threshold. In addition to comfortable conditions and low financial costs, traders get free educational materials and special services for technical analysis. Some solutions, like Capitalise.ai, have no constructive counterparts. A relative disadvantage is the absence of opportunities for passive income. Also, the broker works only with CFDs, so other groups of trading instruments are not available.

2
8.28
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FBS is a broker for those who appreciate a variety of trading instruments and prompt support. The company is suitable for both beginners and experienced traders working on PCs and smartphones.

3
7.19
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TeleTrade is a broker for traders who value the variety of trading instruments and trade using their PC or a mobile app. The company is a good broker both for beginners and experienced traders.

4
8.48
VISIT BROKER
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Deriv is a broker for beginners and professional traders who prefer to make trades on their own, as well as use auxiliary programs for more efficient trading.

5
8.09
VISIT BROKER
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The HFM broker focuses on traders from Europe. The company offers a variety of investment options and is suitable for both novice and professional traders.

Best Forex Trading App in Greece for 2024

Eightcap FBS TeleTrade Deriv HFM

Trading platform

MT4, MT5

MT4, Mobile Trading

MT4, MT5

Deriv bot, Deriv MT5, Derivix, Deriv Trader, SmartTrader

MT4, Mobile Trading, MultiTerminal, MT5

Min deposit

$100

$1

$1

$5

No

Leverage

From 1:30
to 1:500

From 1:1
to 1:2000

From 1:1
to 1:10

From 1:1
to 1:1000

From 1:400
to 1:2000

Trust management

No

No

No

No

No

Accrual of % on the balance

No

No

No

1.00%%

No

Spread

From 0 points

From 0.2 points

From 0.8 points

From 0 points

From 0 points

Level of margin call / stop out

80% / 50%

40% / 20%

70% / 20%

100% / 50%

50% / 20%

Execution of orders

Market Execution

Market Execution

Market Execution, Instant Execution

Market Execution

Market Execution

No deposit bonus

No

$5

No

No

No

Cent accounts

No

Yes

No

No

Yes

1
Best Forex Apps in Greece - Eightcap

Eightcap is a leading Forex and CFD broker, offering over 800 trading instruments, including currency pairs, cryptocurrencies, indices, stocks, and commodities. With tight spreads starting from 0 pips, leverage up to 1:500, and no withdrawal fees, Eightcap provides a competitive trading environment. The broker is regulated by top-tier authorities such as ASIC and FCA, ensuring a secure trading experience.
Comprehensive educational resources, advanced analytics, and innovative functionality such as code-free automated trading through Capitalise.ai and enhanced order execution with FlashTrader distinguish the platform from others.
Though Eightcap does not offer passive income opportunities or joint accounts, it is a popular choice for those seeking a reliable and feature-rich broker.

👍 Advantages of trading with Eightcap for traders in Greece:

The broker is registered in the Bahamas and Seychelles, and is regulated by the Securities Commission of the Bahamas (SCB, SIA-F220), ASIC (391441), FCA (921296), CySEC (246/14). Also, it partners with many proprietary firms;

Traders need to deposit only $100 to open a live account, and the broker imposes few trading limits on its clients;

Hundreds of the most popular CFDs are available, and the pool is constantly expanding;

Eightcap provides one of the most profitable trading costs with really tight spreads;

Almost all options for depositing/withdrawing funds are available and the broker does not charge a withdrawal fee;

The broker’s clients can work through any of the three top trading platforms, including mobile versions of the MetaTrader solutions;

The company provides high-quality training, extensive analytics, and its own developments for automated trading.

👎 Disadvantages of Eightcap for traders in Greece:

No joint accounts, copy trading, referral program, or other options for passive income;

Eightcap has some regional restrictions. For example, some services are not available in Australia;

The broker's technical support is efficient and competent, but it is not available on weekends.

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2
Best Forex Apps in Greece - FBS

FBS is an international broker with a strong presence in Asia, offering a wide range of trading instruments including Forex, stocks, indices, energies, and metals. With over 90 international awards and 27 million clients across 150 countries, FBS boasts a strong global reputation.
The company provides flexible trading conditions: leverage up to 1:3000, floating spreads from 0.7 pips, commission-free trading, and fast execution speeds starting at 0.01 seconds. FBS ensures client security with negative balance protection and offers a user-friendly experience on familiar trading platforms.
While FBS doesn't currently offer cryptocurrency trading or passive income options like PAMM accounts and copy trading, its competitive conditions and extensive educational resources make it a compelling choice for traders seeking a comprehensive and accessible experience.

👍 Advantages of trading with FBS for traders in Greece:

negative balance protection;

a large selection of trading instruments;

the support service works 24/7.

👎 Disadvantages of FBS for traders in Greece:

no cryptocurrency;

auto copying is not available;

no PAMM accounts;

not suitable for short-term trading, such as scalping;

the support service works in a limited number of languages;

only two real accounts.

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3
Best Forex Apps in Greece - TeleTrade

TeleTrade is a global broker serving clients worldwide. They offer trading on Forex, indices, stocks, metals,cryptocurrencies, and energies. While lacking PAMM accounts and certain investment options, TeleTrade boasts a robust copy trading service, a strong affiliate program, and diverse account types (ECN, NDD, crypto). With sufficient leverage (up to 1:500) and spreads from 0 pips, the broker caters to various trading styles, including scalping, intraday trading, and medium to long-term strategies.
TeleTrade supports traders with market analytics, expert forecasts, an economic calendar, and a comprehensive education section on their website.

👍 Advantages of trading with TeleTrade for traders in Greece:

detailed analytical section;

informative educational section.

👎 Disadvantages of TeleTrade for traders in Greece:

no PAMM accounts or other money management options;

a small range of trading instruments;

few withdrawal options;

support is available 24/5;

withdrawals delayed;

technical support responds slowly;

sometimes it takes a long time to verify data.

VISIT BROKER
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4
Best Forex Apps in Greece - Deriv

Deriv is a brokerage company that started its activities in 1999. Deriv's mission is to make trading accessible. For this reason, the company has low minimum deposit requirements, but high-quality working conditions. DTrader is one of the broker's several proprietary trading platforms. Two others are Deriv bot and Deriv MT5. Deriv offers its clients to trade Forex assets, stocks, indices (including synthetic ones), CFDs, commodities, and options. Deriv is an international broker licensed and regulated by the following bodies: Vanuatu Financial Services Commission (VFSC, 14556), Malta and Labuan Financial Services Authority (MFSA, 71479 and Labuan FSA, MB/18/0024), BVI FSC (SIBA/L/18/1114). The rights of traders are guarded by the Financial Commission, of which Derive is also a member.

👍 Advantages of trading with Deriv for traders in Greece:

Low level of the minimum deposit.

A wide range of payment agents for replenishment of the deposit and withdrawal of earned funds.

Availability of trading instruments of different groups: currency pairs, stocks, indices, metals, etc.

Broker regulation by several authorities from different countries.

Round-the-clock client support.

Choice of three convenient trading platforms.

No commission for maintaining a trading account and using its platforms.

👎 Disadvantages of Deriv for traders in Greece:

The tutorials provided on the site may not be enough for novice traders.

Deriv has only a few ways to contact support.

The broker does not serve clients from several countries, such as the USA, Canada, Malaysia, Israel, and others.

VISIT BROKER
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5
Best Forex Apps in Greece - HFM

HFM is a broker owned by the HF Markets Group, offers a wide variety of account types, and has the widest selection of trading assets and high-quality software. HFM also has favorable trading conditions and instant execution of orders. Plus, a solid list of tools and services allow everyone to choose the best option. The broker's reliability is confirmed by the license of several regulators. The company's work experience in the financial, brokerage and other services market is over 10 years. Within that time, HFM has received 35 prestigious awards. For trading, MetaTrader 4 and MetaTrader 5 trading terminals are used.

👍 Advantages of trading with HFM for traders in Greece:

favorable trading conditions and low spreads - from 0 pips;

controlled by several regulators;

no commissions for account replenishment and bank transfers.

👎 Disadvantages of HFM for traders in Greece:

Withdrawal terms do not always correspond to those indicated;

Few account currencies, which is why some clients have to pay for double conversion;

The choice of electronic payment systems for replenishment/ and withdrawal is rather modest;

Registration is quite easy, but while it is in progress, you cannot learn the conditions on other types of accounts;

Customer support is closed on weekends.

VISIT BROKER
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Best Forex Trading App in Greece 2024: Education for Investors

When choosing the app, it is important to consider educational tools offered by brokers. TU analysts prepared a comparison of educational programs.

Eightcap - Education for Investors

Investment Education Online

Information

Some brokers try to help traders in researching trading on certain markets. This is an advantage because only successful traders constantly engage in self-learning, and not just blind trading alone. Studying materials by industry experts, reading specialized books, and attending webinars taught by experienced trainers provide useful knowledge, which is then applied in practice to create successful trading strategies. Eightcap refers to brokers that offer a comprehensive educational system and materials presented in different formats. Most of the basic information will be extremely useful for novice traders, while professional market participants can receive up-to-date analytics and unique expert materials.

Information available with Eightcap
Information not available on the Eightcap website
Detailed guide for working with the platform
Information on trading instruments other than Forex and CFDs
Detailed instructions for working with available trading platforms
Money management and the psychology of trading
Basic and advanced theory of trading CFDs on various assets
Relevant strategies and tips for novice and experienced traders

In some reviews, traders note the absence of structured training and its narrow focus. Experts agree with this, but Eightcap provides a very significant amount of information for trading CFDs, which compares favorably with most of its competitors.

FBS - Education for Investors

Investment Education Online

Information

The FBS website has an impressive training section where everyone can get the information they need to trade successfully on Forex and beyond. The broker provides a quick guide to Forex, tips for traders, and video tutorials. The company also conducts webinars. The section is divided into levels for beginners, elementary, intermediate, and advanced levels.

Information available in the Education section
Information not available on the FBS website
How to read currency quotes and buy/sell currency pairs in the FBS trading terminal, as well as how to calculate your financial results
There is no detailed analysis of each question in the articles on the site
Fundamental and technical analysis of the market
 
How to understand trends, ranges, and breakouts
 
Trading styles
 
Psychology of traders and risk management
 
Glossary
 
Webinars and video tutorials
 

To practice the knowledge gained on the FBS website, the specialists of the brokerage company recommend opening a demo account. You can practice on it without risking real money. The next step is to open a cent account which will allow you to trade in the real market, but with lower risks than on a standard account.

To support traders, a separate analytical section with an economic calendar, a currency converter, and calculators have been created on the site.

TeleTrade - Education for Investors

Investment Education Online

Information

The TeleTrade website features a large educational section where every trader can find information for successful Forex trading and more. The broker provides information on the basics of analysis, trading strategies, and also offers educational courses, video tutorials. The company also holds webinars.

Information available in the Education Section
Information not available on the TeleTrade website
Forex for dummies
There are no video tutorials on working with MT4
Fundamental market analysis
 
Market technical analysis
 
Indicators
 
Strategies
 
Features of trading instruments
 

You can test the knowledge you gained on the TeleTrade website by using a demo account. The broker’s specialists believe it can give novice traders the experience and skills to trade on a live account.

To support traders, a separate analytical section has been created on the website with an economic calendar, news and market overview.

Deriv - Education for Investors

Investment Education Online

Information

The broker's website has a section that contains information useful for both beginners and experienced traders. Access to the information is free, just go to the “Resources” section and select the “Academy” subsection.

Information available in the Academy section
Information not available on the Deriv website
Market news
Training programs and courses on trading
Weekly market reviews
Podcasts
Brief videos on payment systems
Trading psychology
Text materials
Guide to trading different instruments
Mailing list
 

All Deriv clients can open a demo account upon registering, practice trading without time restraints, test different trading strategies, and — when ready — open a real trading account.

HFM - Education for Investors

Investment Education Online

Information

The HFM platform provides an abundance of useful educational information. What’s more, for quick answers to the most popular questions, there is a FAQs section.

Information available in the Education section
Information not available at HFM site
Forex trading webinars
Glossary of terms
Forex training videos and video tutorials
 
Informational thematic videos and training
 
Daily fundamental and technical analysis
 
Electronic Forex courses
 
Economic calendar
 
Exclusive analysis from HFM
 

All these tools can be used to build a trading system.

Summary

In this review, you had an opportunity to learn about the features of 5 brokers, which traders in Greece choose the most. However, now you need to choose the best of them. You can do it using the scores given by the Traders Union. Check out the score table that will help you choose the Best Forex Trading App in Greece 2024.

Eightcap FBS TeleTrade Deriv HFM

Overall score

7.69

8.28

7.19

8.48

8.09

Execution of orders

7.9

9.5

3.21

9.55

9

Investment instruments

8.5

6.96

6.7

8.73

8.91

Withdrawal speed

7.6

9.57

7.79

9.54

8.86

Customer Support work

7.2

7.58

8.41

5.94

5.42

Variety of instruments

8.02

7.02

8.75

9.27

7.37

Trading platform

6.9

9.03

8.29

7.82

8.95

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FAQ

Is it possible to register with a broker using the mobile app?

Yes. Brokers provide an opportunity to open an account and pass verification directly in the mobile app.

If a broker has several platforms, does it mean it offers several apps?

No. If a broker has several trading platforms, there is either an option to switch between them in the app, or only one trading platform is available (usually the proprietary one).

Do I need to pay for downloading the app?

Brokers do not charge a fee for downloading their mobile app. They are provided for free.

Are there updates for the apps of brokers?

Yes. Mobile apps of brokers are regularly updated and it is very important to update them in the view of proper operation of services.

Team that worked on the article

Mikhail Vnuchkov
Author at Traders Union

Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.

Olga Shendetskaya
Author and editor at Traders Union

Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.