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HCMC regulated forex brokers

Hellenic Capital Market Commission · 🇬🇷 Greece

The Hellenic Capital Market Commission (HCMC) is the financial regulator for Greece, established in 1991. ForexLicenses.com classifies it as tier 2 (strong regulation). We currently match 1 broker in our database to an HCMC licence.

The HCMC authorises Greek investment firms (AEPEYs), a few of which operate international forex and copy-trading businesses. Greek client coverage under the Synegiko guarantee fund is higher than the EU minimum at €30,000. As with other EU states, HCMC-authorised firms can passport across the EEA and must apply ESMA retail CFD restrictions.

Key rules for retail clients

Tier
Tier 2 — Strong regulation
Compensation
Investment Services Guarantee Fund (Synegiko) — up to €30,000
Leverage
30:1 on major FX pairs (ESMA rules)
Negative balance protection
Required for retail clients
Client money
MiFID II client asset rules
Complaints
Hellenic Financial Ombudsman

Brokers licensed by the HCMC 1

Broker Licences on record Licence Score Actions
1 A AAAFx Forex & CFD broker, since 2008 FSCAHCMC 50Moderate Licences Visit site

Frequently asked questions

How do I check if a broker is HCMC regulated?

Search the firm's name or licence number on the HCMC official register (http://www.hcmc.gr/en_US/web/portal/elib/investmentfirms), confirm the status is current and that the website domain you're using is listed, then check the HCMC warning list for clones.

Does the HCMC offer investor compensation?

Investment Services Guarantee Fund (Synegiko) — up to €30,000

What leverage do HCMC-regulated brokers offer?

30:1 on major FX pairs (ESMA rules)

Is negative balance protection required by the HCMC?

Yes. Negative balance protection is required for retail clients of HCMC-regulated firms.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.