IG, founded in 1974 and headquartered in London, is one of the world’s oldest and largest forex and CFD brokers. With a strong global presence and over 50 years of experience, IG serves clients in over 140 countries, including Greece. The broker is regulated by top-tier authorities such as the FCA, ASIC, and BaFin, and operates under the EU MiFID II framework, making it a trusted choice for Greek traders. IG offers access to over 17,000 markets, including forex, indices, commodities, shares, and cryptocurrencies. For Greece traders, IG provides localized payment methods such as Bank Transfer (SEPA), Skrill, and USDT, along with support for EUR accounts. The broker’s proprietary platform is powerful yet intuitive, and it also integrates TradingView for advanced charting. While IG does not offer MT4/MT5 or Islamic accounts, its strong regulation, low spreads, and zero minimum deposit make it a compelling option for retail forex traders in Greece. Whether you are a beginner or an experienced trader, IG’s comprehensive education tools and 24/7 support in English and Greek (limited) add to its appeal.
| Detail | Information |
|---|---|
| Founded | 1974 |
| Headquarters | London, United Kingdom |
| Regulated by | FCA,ASIC,MAS,BaFin,DFSA,FSA |
| Min Deposit | $0 |
| Max Leverage | 30 |
| Platforms | MT4, MT5, TradingView |
| Islamic Account | Available |
| Copy Trading | Not available |
| Demo Account | Available |
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | 0.80 pips | $0 | 0.80 pips | 0.80 pips |
| XAU/USD | 0.30 pips | $0 | 0.30 pips | 0.30 pips |
| S&P500 | 0.40 | $0 | 0.40 | 0.40 |
| Feature | Available |
|---|---|
| Demo Account | Yes |
| ECN/Raw Account | Yes |
| Islamic (Swap-free) | Yes |
| Scalping Allowed | Yes |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | Yes |
| Copy Trading | No |
IG does not offer Islamic (swap-free) accounts, which is a significant drawback for Muslim traders in Greece who require Sharia-compliant trading. Without an Islamic account, overnight swap fees are charged on positions held open past the daily rollover time, which is not permissible under Islamic finance principles. Greece has a significant Muslim minority, and many traders seek brokers that provide genuine swap-free accounts without hidden fees. Unfortunately, IG does not meet this need, and affected traders should consider alternatives like XM or eToro that offer Islamic accounts. If you are a Muslim trader in Greece, you will need to avoid holding positions overnight or choose a broker that explicitly offers swap-free conditions. IG’s policy is clear, and no exceptions are made for religious reasons.
| Feature | Details |
|---|---|
| Islamic Account Available | Yes |
| Swap Fees | No swap fees |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
| Asset Class | Examples | Available | Typical Spread |
|---|---|---|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | 0.80 pips |
| Gold (XAU/USD) | Spot Gold | Available | 0.30 pips |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| IG (current) | $0 | 0.80 pips | Yes | Yes | 3.7 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
IG is a top-tier broker that offers a secure and transparent trading environment for Greece traders. With its strong regulatory framework, competitive spreads, and zero minimum deposit, it is an excellent choice for retail forex traders who prioritize safety and reliability. The wide range of instruments and TradingView integration are major pluses. However, the lack of MT4/MT5 support and Islamic accounts may deter some traders. IG is best suited for Greek traders who are comfortable with proprietary platforms and do not require swap-free accounts. Overall, IG is highly recommended for its trustworthiness and low costs, but it may not be ideal for everyone. We recommend opening a demo account to test the platform before committing real funds.