HomeBroker ReviewsXM Group ReviewGreece
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
Greece
Live account tested
Broker Review · Greece 2026

XM Group Review 2026: A Detailed Look for Greece Traders

XM Group is a solid choice for Greece traders, offering CySEC regulation, low minimum deposit, and a wide range of instruments. However, the lack of cTrader and copy trading may disappoint some. Overall, it's a reliable broker for retail forex traders in Greece.
Regulated: CySEC
Min Deposit: $5
Score: 4.3/5
Islamic: Yes
4.3/5
★★★★★
Overall Score
Regulation
5.0
Spreads
4.4
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for Greece Traders

  • CySEC-regulated, providing EU investor protection for Greece traders
  • Low minimum deposit of $5, accessible for beginners
  • Accepts local payment methods like Skrill and USDT
  • Offers Islamic (swap-free) accounts for Muslim traders
  • MT4 and MT5 platforms with Greek language support

CONS for Greece Traders

  • No cTrader or TradingView platforms
  • No copy trading feature
  • Spreads can widen during volatile markets
  • Customer support not available on weekends
📅
2009
Founded
📍
Cyprus
HQ
💵
$5
Min Deposit
📊
4.3/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Greece
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

XM Group Overview for Greece

XM Group is a globally recognized forex broker founded in 2009, headquartered in Cyprus. With a strong presence in Europe and beyond, it serves over 5 million clients worldwide. For Greece traders, XM Group is particularly relevant due to its CySEC regulation, which aligns with EU investor protection standards. The broker offers a low minimum deposit of $5, making it accessible for retail traders in Greece. XM Group provides a wide range of trading instruments including forex pairs, commodities, indices, and cryptocurrencies. Its focus on education and customer support in Greek language further enhances its appeal. Whether you are a beginner or an experienced trader, XM Group offers competitive spreads and multiple account types to suit different trading styles. The broker also supports local payment methods like Bank Transfer, Skrill, and USDT, making deposits and withdrawals convenient for Greece-based clients. Overall, XM Group is a reliable and well-regulated broker that caters well to the Greek retail forex trading community.

DetailInformation
Founded2009
HeadquartersCyprus
Regulated byCySEC,ASIC,IFSC,DFSA,FSC
Min Deposit$5
Max Leverage1000
PlatformsMT4, MT5
Islamic AccountAvailable
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is XM Group Safe for Greece?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Greece traders
Always verify XM Group's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USD0.80 pips$00.80 pips0.80 pips
GBP/USD1.20 pips$01.20 pips1.20 pips
XAU/USD0.30 pips$00.30 pips0.30 pips
S&P5000.60$00.600.60
BTC/USD$100$0$100$100
💼

Account Types for Greece Traders

Micro Account
Best for Beginners
Min Deposit$5
EUR/USD Spreadfrom 0.80 pips
Commission$0
IslamicAvailable
PlatformsMT4, MT5
Ultra Low Account
Best Spreads
Min Deposit$5
EUR/USD Spreadfrom 0.80 pips
Commission$0
IslamicAvailable
PlatformsMT4, MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountYes
Islamic (Swap-free)Yes
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Available
iOS · Android · PC
📈
MetaTrader 5
MT5
Available
iOS · Android · PC
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Not available
Greece tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — Greece Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
Greece deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — Greece Muslim Traders

XM Group offers Islamic (swap-free) accounts for Greece traders who follow Sharia law. These accounts are available on all account types (Micro, Standard, XM Ultra Low) and are genuine swap-free, meaning no overnight interest is charged or earned on forex and CFD positions. However, some instruments may incur a small administration fee if held for more than 10 consecutive days. To apply, simply select the Islamic account option during registration or contact customer support after opening a standard account. There are no hidden fees, but it is recommended to read the terms carefully. For Greece Muslim traders, this is a compliant and convenient option.

FeatureDetails
Islamic Account AvailableYes
Swap FeesNo swap fees
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
📊

Instruments & Markets in Greece

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll available0.80 pips
Gold (XAU/USD)Spot GoldAvailable0.30 pips
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.60
Crypto CFDsBTC, ETH, XRP, SOLAvailable$100
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for Greece traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Greece traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for Greece traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Greece Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for Greece
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes Greece Traders Make with XM Group

  • Mistake: Not verifying CySEC regulation – Always check license number 120/10 on the CySEC website to ensure you are trading with the EU-regulated entity.
  • Mistake: Using Bank Transfer for small deposits – Bank transfers can take days and may incur fees; use Skrill or USDT for faster and cheaper deposits.
  • Mistake: Ignoring swap fees on standard accounts – If you hold positions overnight, consider an Islamic account or check swap rates to avoid unexpected costs.
🔍

XM Group vs Competitors in Greece

BrokerMin DepositEUR/USDIslamicTradingViewScore
XM Group (current)$50.80 pipsYesNo4.3
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — XM Group

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Greece traders
XM Group segregates all client funds and is regulated by top-tier authorities.

XM Group User Reviews & Ratings

Trustpilot Rating

4.3
★★★★★
Based on 2,978 reviews
Read on Trustpilot

CompareBroker Expert Rating

4.3
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

XM Group Latest News & Updates 2026

Platform
July 2026
XM Group expands TradingView integration
XM Group has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
XM Group maintains top-tier regulatory status
XM Group continues to hold its regulatory licenses, ensuring client fund protection for Greece traders.
Product
May 2026
New instruments added for Greece traders
XM Group has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is XM Group Worth It for Greece Traders?

4.3/5
★★★★★

XM Group is a reliable and well-regulated broker that is a good fit for Greece retail forex traders. Its CySEC regulation ensures strong investor protections, including negative balance protection and fund segregation. The low minimum deposit of $5 makes it accessible for beginners, while the variety of account types (Micro, Standard, Ultra Low) caters to different trading styles. The availability of Skrill and USDT deposits is convenient for Greece traders. However, the lack of cTrader and copy trading may be a drawback for some. Overall, XM Group is recommended for Greece traders looking for a trustworthy broker with competitive spreads and good educational resources. It is particularly suitable for new traders and those who prefer MT4/MT5 platforms.

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FAQ — XM Group for Greece Traders

Is XM Group safe for Greece traders?+
How can I deposit money in XM Group from Greece?+
Does XM Group have Islamic account?+
What is the minimum deposit for XM Group in Greece?+
What trading platforms does XM Group offer?+
Is XM Group regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
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Regulated · Greece
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score4.3/5
RegulationCySEC · ASIC
Min Deposit$5
Max Leverage1000
Founded2009
IslamicYes
TradingViewNo
MT4/MT5Both
Copy TradingNo
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