Greece's EU membership means forex trading here runs on some of the strictest retail protections in the world — and departing from them carries real consequences.
Investment firms offering forex or CFD services in Greece must be authorised by the Hellenic Capital Market Commission.
EU-wide rules on best execution, client categorisation, and risk disclosure apply automatically to Greek-regulated brokers.
Retail leverage is capped at 1:30 for major pairs, 1:20 for minors, 1:10 for commodities, and 1:2 for cryptocurrencies.
Brokers authorised elsewhere in the EU, including in Cyprus under CySEC, commonly passport into Greece under MiFID II.
Offering forex or CFD services to Greek clients without proper HCMC or EU passporting authorisation carries significant exposure.
Offering leverage beyond ESMA's retail limits, or misclassifying retail clients as professional to avoid them, is a recognised compliance failure.
Authorised firms must keep client funds separate from operating capital \u2014 a frequent point of enforcement action when this breaks down.
Risk-disclosure requirements are strictly enforced, particularly around the percentage of retail clients who lose money.
Verify the firm directly against the HCMC public register, or confirm its EU passporting status from another member state regulator.
1:30 for major currency pairs, 1:20 for minor pairs, 1:10 for commodities, and 1:2 for cryptocurrencies under ESMA rules.
Yes \u2014 CySEC-regulated firms commonly passport into Greece under the EU's MiFID II framework.
Speak with us confidentially before responding to the HCMC or a client dispute.