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NBG Securities: online versus standard fees, currencies and account safeguards

NBG Securities offers Greek and international securities dealing with separate euro and foreign-currency arrangements. Its dated general tariff and undated online fee images describe different prices, and parts of the online material retain older tax and custody figures.

By FXBrokers.ai Editorial DeskOperating status: ActiveSources checked Published Updated
Profile scope

National Securities Single Member S.A. is the investment-firm counterparty. Dated general prices and undated online prices are identified separately; conflicting tax/custody material requires confirmation of the applicable account terms.

  • The online images display 0.35% domestic brokerage, minimum €5, and 0.38% foreign brokerage, minimum €10; the dated general tariff has separate graduated rates.
  • The 12 May 2025 general schedule lists quarterly account keeping of €2.50 electronically or €7.50 on paper for the stated net-position threshold.
  • NBG Securities is an investment firm; National Bank of Greece separately supplies the described margin credit and certain custody services.

Accounts and eligibility

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At a glance01

Core account structure

Core account structure
ItemDetails
Euro investment accountThe basic euro account is the foundation for the additional investment-account arrangements.Source 5Source 6
Foreign-currency accountRequires an existing euro investment account and the relevant international-market agreement.Source 5Source 6
Online accessThe customer signs the additional terms for internet services as well as the underlying investment agreement.Source 5Source 6
At a glance02

Opening documents and investor registration

Opening documents and investor registration
ItemDetails
Client informationThe account process includes identity/legal documents, investment knowledge and experience information, and the required declarations.Source 5
DSS investor shareAn existing dematerialised securities account can be authorised for use; otherwise the relevant registration is created.Source 5
International securitiesAdditional international-market terms and the applicable US or Canadian tax forms can be required.Source 5
At a glance03

Margin service has a separate lender

Margin service has a separate lender
ItemDetails
Credit providerThe dated general tariff identifies National Bank of Greece as the supplier of margin and mini-margin credit.Source 1
Broker’s roleNBG Securities receives, transmits and executes orders for those portfolios.Source 1
Interest termsThe credit agreement and applicable bank rate determine borrowing costs; the broker’s share of the bank’s interest revenue is not an extra 50% customer surcharge.Source 1

View full spreads & trading costs

Products and markets

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At a glance04

Securities and market access

Securities and market access
ItemDetails
Cash investmentsGreek and international shares, ETFs and bonds are described in the service and price documents.Source 1Source 9Source 6
International settlementThe euro and foreign-currency accounts provide different ways to settle international securities transactions.Source 1Source 9Source 6
Instrument availabilityThe current contract and dealing channel determine which instruments are enabled; historical country lists are not a guarantee of present access.Source 1Source 9Source 6
At a glance05

Derivatives channels

Derivatives channels
ItemDetails
FuturesThe online service description includes stock and index futures.Source 9Source 5Source 1
Options and stock reposThe published service page directs these products to telephone dealing.Source 9Source 5Source 1
Contract and collateralDerivatives or margin facilities require their own agreements and collateral arrangements; they are not implied by opening an ordinary cash account.Source 9Source 5Source 1

Trading and account costs

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NBG’s price sources need to be read by channel. The general PDF is dated 12 May 2025, while the online images carry no effective date. The online page also retains a 0.20% sale-tax figure where the dated domestic schedule says 0.10%, and its custody image differs from the PDF. Obtain the applicable account tariff and pre-trade cost disclosure before relying on an all-in total.[1][2][3]

At a glance06

Displayed online domestic brokerage

Displayed online domestic brokerage
ItemDetails
Ordinary trade0.35% of transaction value.Source 2
Intraday tradeThe online image displays 0.30%.Source 2
Minimum€5 in both columns.Source 2
ScopeThese are the online image’s broker commissions, not the graduated general tariff or an all-in transaction cost.Source 2
At a glance07

Displayed online foreign brokerage

Displayed online foreign brokerage
ItemDetails
Ordinary and intraday0.38% in each column.Source 3
Broker minimum€10.Source 3
Additional displayed chargesThe image separately lists 0.05% intermediation and a custody-labelled 0.07% charge with €12 minimum.Source 3
Important distinctionThe 0.07% item is shown in the transaction table with a €12 minimum. Confirm its charging basis with NBG; the image does not label it as an annual rate.Source 3
At a glance08

General domestic and Cyprus brokerage

General domestic and Cyprus brokerage
ItemDetails
First €3,0001.00%.Source 1
Next €6,0000.75% on the part from €3,000 to €9,000.Source 1
Above €9,0000.50% on the excess.Source 1
Minimum€5 per execution-confirmation slip.Source 1
At a glance09

General intraday and foreign prices

General intraday and foreign prices
ItemDetails
Domestic intradayThe general PDF charges 0.35% on each buy and sell leg, subject to the €5 slip minimum.Source 1
Foreign sharesThe same graduated 1.00%/0.75%/0.50% value bands apply in the general schedule, with €15 minimum per slip.Source 1
Example of graduationA €20,000 general-tariff order has €30 + €45 + €55 = €130 broker commission before additional costs.Source 1
At a glance10

Bonds outside the listed domestic schedule

Bonds outside the listed domestic schedule
ItemDetails
Minimum nominal transaction€10,000 under the stated non-listed ATHEX/CSE and foreign-bond provisions.Source 1
Broker commission1.00% of nominal value.Source 1
Minimum commission€70 per transaction-confirmation slip; external and custody costs can be additional.Source 1
At a glance11

Domestic clearing and transaction extras

Domestic clearing and transaction extras
ItemDetails
ATHEX clearing rights0.02% of transaction value.Source 1
Settlement notification€0.50 per ISIN.Source 1
Exchange chargeThe dated schedule’s worked share example uses 0.0125%; instrument and venue charges can differ.Source 1
Other clearingThe tariff separately allows the appointed clearing provider’s commission. Broker, exchange, clearing and tax charges should not be merged into one headline rate.Source 1
At a glance12

Quarterly account keeping in the dated schedule

Quarterly account keeping in the dated schedule
ItemDetails
ThresholdClients with a net position greater than €100 per quarter.Source 1
Electronic communication€2.50 per quarter, €10 annually, including VAT.Source 1
Paper communication€7.50 per quarter, €30 annually, including VAT.Source 1
CollectionCharged at quarter-end to the linked deposit account by the custodian and credited to the broker.Source 1
At a glance13

Dated domestic securities-keeping charges

Dated domestic securities-keeping charges
ItemDetails
Stocks0.0030% of value annually.Source 1
Other specified securities0.0015% annually.Source 1
Small portfoliosThe stated percentage fees are waived below €15,000 portfolio value.Source 1
Additional fee€3 annually for an investor account with average portfolio value above €15,000; the charges are collected quarterly.Source 1
At a glance14

Which recurring fee applies

Which recurring fee applies
ItemDetails
General PDFSeparates securities-keeping charges from the broker’s quarterly account-maintenance fee.Source 1Source 2
Online custody imageUses a different portfolio-band and half-yearly presentation without an effective date.Source 1Source 2
Account confirmationDo not add every number from both sources or choose the cheaper one automatically; ask which signed tariff governs the account.Source 1Source 2
At a glance15

DSS creation and securities transfers

DSS creation and securities transfers
ItemDetails
Online DSS creation imageShows a one-off €10 creation charge for the relevant Greek or Cypriot investor account.Source 4Source 1
ATHEX OTC transferThe dated schedule lists 0.0325% per party, minimum €20 per instruction/security.Source 4Source 1
Delivery against paymentAn additional €1 applies, with a €21 minimum per instruction/security under the stated rule.Source 4Source 1
At a glance16

Documents and US tax-form services

Documents and US tax-form services
ItemDetails
Older domestic confirmations€1 per document, with €10 minimum per reprint request, excluding VAT, for the stated older fiscal-year records.Source 1
Older foreign confirmations€10 per request under the general foreign-market schedule.Source 1
US tax formsThe dated tariff lists €90 for W-8BEN/W-8BEN-E submission every three years, and €90 for W-9 submission or modification.Source 1
US bond tax relief€80 per request in the dated schedule; these are service charges, not a tax rate.Source 1

Platforms, orders and execution

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At a glance17

Documented online order types

Documented online order types
ItemDetails
Greek marketsThe platform FAQ describes limit, market, at-open and at-close orders.Source 7
Foreign marketsThe same FAQ describes limit orders only.Source 7
Execution conditionOpening/closing instructions still require available supply or demand; the current instrument and platform permissions govern acceptance.Source 7
At a glance18

First access and session behaviour

First access and session behaviour
ItemDetails
Initial credentialsThe published process supplies temporary credentials that must be changed on first access.Source 7
OTP descriptionThe FAQ describes an optional SMS one-time-password facility; it should not be read as proof that every current account uses mandatory SMS authentication.Source 7
Idle sessionThe FAQ describes automatic logout after 20 minutes of application inactivity. This is a session timeout, not closure of the investment account.Source 7
At a glance19

Order and market notifications

Order and market notifications
ItemDetails
AlertsThe service describes SMS and email notifications for transactions and market information.Source 9
Portfolio monitoringOnline access provides investment monitoring alongside dealing.Source 9
Account questionsCustomer care assists with transactions, charges, corporate actions and technical platform issues.Source 9

Cash, currencies and transfers

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At a glance20

Funding a euro investment account

Funding a euro investment account
ItemDetails
Bank transferThe payment FAQ describes payment to an NBG Securities bank account, with the client number and full name included.Source 8
Current instructionsObtain the current bank details directly through the broker’s official channel before transferring.Source 8
Available cashAn instruction should be covered by the available brokerage-account balance; sending a transfer does not itself prove the account has been credited.Source 8
At a glance21

Foreign-currency settlement

Foreign-currency settlement
ItemDetails
Account balanceThe foreign-currency account permits international transactions and retention of the credit balance in its base currency.Source 6
Funding routeThe product page directs funding to the corresponding currency account held at National Bank of Greece.Source 6
Transfer of securitiesThe page permits securities to move from the basic euro account into the foreign-currency account under the relevant arrangement.Source 6
At a glance22

Cash withdrawals

Cash withdrawals
ItemDetails
Request routeThe published payment FAQ directs customers to customer care on +30 210 772 0100.Source 8Source 10
Indicative timingIt describes availability at the customer’s bank on the next working day; settlement, approval and bank processing can affect an individual request.Source 8Source 10
Foreign currencyThe FAQ describes a transfer to the customer’s own bank account in the matching currency.Source 8Source 10

Legal entity and investor protection

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At a glance23

Investor-compensation scope

Investor-compensation scope
ItemDetails
Covered failureThe scheme concerns eligible investment-service claims where a member cannot return covered money or financial instruments.Source 12Source 13Source 10
LimitUp to €30,000 per eligible investor and member, aggregated across covered accounts, currencies and services.Source 12Source 13Source 10
Exclusions from the promiseThe limit is not a guarantee against market losses or every service complaint.Source 12Source 13Source 10
At a glance24

Bank group and broker are different counterparties

Bank group and broker are different counterparties
ItemDetails
Broker membershipThe investment firm is listed among the Greek Guarantee Fund’s participating members.Source 12Source 13
Bank depositsA parent bank’s deposit-protection limit must not be substituted for the investment firm’s compensation scheme.Source 12Source 13
Joint interestsThe scheme’s allocation of a joint holding follows the documented shares, or equal shares where no different allocation is established.Source 12Source 13
At a glance25

Broker, lender and custodian roles

Broker, lender and custodian roles
ItemDetails
Investment firmNational Securities Single Member S.A., trading as NBG Securities.Source 11Source 10Source 1Source 9
Published authorisationThe company identifies HCMC licence 5/120/18.11.1997.Source 11Source 10Source 1Source 9
Bank servicesNational Bank of Greece supplies the described margin credit and collaborates on international custody and derivatives clearing. These functions do not make every broker claim a bank deposit.Source 11Source 10Source 1Source 9

Support and complaints

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At a glance26

Current customer-care contacts

Current customer-care contacts
ItemDetails
Online trading customer care+30 210 772 0100; [email protected].Source 10
Head office+30 210 772 0000; [email protected].Source 10
Current Athens office128–132 Athinon Avenue and Ifigenias Street, 10442 Athens.Source 10
At a glance27

Lost access and account questions

Lost access and account questions
ItemDetails
PasswordThe FAQ describes recovery using the user ID, client number and tax number, with a message to the registered email.Source 7Source 10Source 9
User IDContact the official customer-care team for assistance.Source 7Source 10Source 9
Urgent order statusAsk the dealing/customer-care team to establish the existing order status before sending a duplicate instruction.Source 7Source 10Source 9

Research, reporting and additional services

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At a glance28

Research and custody administration

Research and custody administration
ItemDetails
ResearchThe online service provides access to NBG Securities research on listed companies.Source 9
CustodyThe service includes holdings information and support for corporate actions.Source 9
At a glance29

Statements and tax certificates

Statements and tax certificates
ItemDetails
Delivery choicePaper and electronic information delivery have different quarterly maintenance fees in the dated tariff.Source 1Source 8
Tax certificatesThe FAQ says certificates for dividends received during a requested period can be issued on request.Source 1Source 8
Historical recordsOlder confirmations can incur the separately listed reprint charges.Source 1Source 8

Company and account provider

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At a glance30

Company and group relationship

Company and group relationship
ItemDetails
Broker identityNBG Securities is the brokerage investment firm in the National Bank of Greece group.Source 11Source 10Source 5Source 6Source 1
Current addressUse the Athinon Avenue address on the current offices page for head-office correspondence.Source 11Source 10Source 5Source 6Source 1
Contract scopeEuro, foreign-currency, online and margin arrangements have distinct terms and provider roles.Source 11Source 10Source 5Source 6Source 1
Headquarters
Greece
The companies behind the brand

Legal entities & licences

These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.

National Securities Single Member S.A.

GreeceSource 11Source 10Source 13

No separate licence entry is recorded in this panel.

Practical account considerations

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At a glance31

Practical checks for a new account

Practical checks for a new account
ItemDetails
Select the price channelAsk whether the online or general fee schedule applies to the intended order route.Source 1Source 2Source 3Source 6
Confirm recurring chargesRequest the complete combination of broker maintenance, securities keeping and external custody costs.Source 1Source 2Source 3Source 6
Check currency and taxesConfirm settlement currency and current transaction taxes in the pre-trade disclosure; the public sources contain conflicting older figures.Source 1Source 2Source 3Source 6
Follow the evidence

Sources & further reading

  1. NBG Securities — online foreign-market fee image NBG Securities · Accessed 27 Oct 2026
  2. NBG Securities — payments and account FAQ NBG Securities · Accessed 27 Oct 2026
  3. Greek Guarantee Fund — investor-compensation scope and maximum Guarantee Fund for Investment Services · Accessed 29 Oct 2026
  4. Greek Guarantee Fund — participating investment firms Guarantee Fund for Investment Services · Accessed 27 Oct 2026

This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.

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