Athens Markets Review 2025
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Updated:
Reason to avoid: No license
Listed Date: December 1, 2023
Top 3 Forex Brokers
Beware Athens Markets is a Non-Regulated Broker. It is NOT SAFE to trade
Advertising Disclosure
Updated:
Reason to avoid: No license
Listed Date: December 1, 2023
Beware Athens Markets is a Non-Regulated Broker. It is NOT SAFE to trade
No, Athens Markets cannot be considered a trustworthy broker due to its lack of regulation. The broker does not provide any information about its regulations and licenses, making it a risky trading option.
🏢 Registered in | No regulation |
🗺️ Type of License | No license |
🛡️ Is Athens Markets safe to trade? | No |
🗺️ Recommended Licenses | FCA in the UK 🇬🇧 and ASIC in Australia 🇦🇺 |
🖥 Alternative Broker | FP Markets - licensed by ASIC in Australia |
Athens Markets’ website highlights its offerings, including access to a wide range of major currency pairs, CFDs, and commodities, all with competitive spreads. The platform also boasts a comprehensive set of real-time charting tools and trading indicators, enabling clients to analyze markets and make well-informed investment decisions. Additionally, Athens Markets provides access to the popular MT4 and MT5 trading platforms, boasts low fees, offers free educational resources, and ensures round-the-clock customer support.
However, there are some important facts we were able to reveal that will make traders second-guess their decision to sign up with the broker:
Through research, we have identified significant concerns regarding the trustworthiness of Athens Markets and its adherence to regulatory standards. Consequently, we cannot issue a favorable rating for Athens Markets.
Ranking | Athens Markets | Eightcap | Admiral Markets |
---|---|---|---|
Ranking | ⭐ | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐⭐ |
Is Broker safe? | No | Yes | Yes |
Advantages | None | Trading Instruments | Trading Conditions |
Considering the concerns surrounding Athens Markets reliability and security, we highly recommend traders to explore alternative options that provide more stringent regulations and enhanced trading conditions. Below is a list of reputable brokers offering trustworthy choices and a secure trading environment for your consideration:
Athens Markets supports deposits using BTC, ETH, USDT ERC20, and UDSC ERC20. Logging into the client area, traders should click on the “deposit funds” and then select the currency they wish to deposit with.
Athens Markets offers two account types to its clients: Athens Pro and Athens Standard. Each account type offers different trading conditions. The broker states low spreads and commissions, however, traders point out that the spreads are higher than the market average, and commissions are exceedingly high.
Based on the data we have gathered about Athens Markets, there are considerable reservations concerning the broker’s trustworthiness and credibility. The broker’s lack of registration raises substantial concerns. Additionally, the numerous negative client reviews should not be disregarded. It is always advisable to give preference to tightly regulated brokers with good standing in the market and good and transparent trading conditions.
To avoid risks typical in trading with unregulated or offshore brokers, we always recommend choosing a reliable broker that holds licenses from reputable authorities like FCA, ASIC, or CySEC. There are many regulated brokers that are both reliable and have exceptional offerings, such as BlackBull Markets, Go Markets, and HYCM.
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