In Greece, companies offering financial services, including all forex & CFD brokers, are regulated jointly by the Hellenic Capital Market Commission (HCMC) and the European Securities and Markets Authority (ESMA). Together, these regulators ensure that the interests of Greek forex & CFD traders are looked after, and that all brokers follow the relevant regulations.
As there are only a few forex brokers that call Greece home, most Greek forex traders are trading with foreign brokerage companies. For those looking for higher trading leverage, however, looking beyond the EU countries is advisable since trading conditions in all of these countries are nearly identical. Popular jurisdictions with more flexible regulations include Switzerland, New Zealand, and several offshore countries.