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Piraeus Securities: online brokerage, custody and brainy managed portfolios

Piraeus Securities provides Greek and international brokerage through web and mobile channels, alongside the separate brainy managed-ETF service. Its current linked basic tariff distinguishes maximum broker commissions, annual custody, quarterly maintenance and transfer charges.

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

Piraeus Securities S.A. is the investment-firm provider. The currently linked basic tariff has no printed effective date; its maximum basic commissions and ordinary account charges are separated from brainy managed-service conditions.

  • The linked basic tariff lists maximum ordinary equity commission of 0.70%, with online rates of 0.35% domestically and 0.50% internationally.
  • Foreign securities and bonds have 0.12% annual custody on average daily value, calculated quarterly, plus VAT.
  • Brainy starts at €300 and charges 0.75% annually on average portfolio value; it manages the portfolio under the chosen mandate and requires liquidation for an exit to another broker.

Accounts and eligibility

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At a glance01

Ordinary brokerage and managed investing

Ordinary brokerage and managed investing
ItemDetails
BrokerageCustomers select securities and submit instructions through the eligible dealing channels.Source 4Source 6Source 5
BrainyA separate managed-portfolio service invests according to the chosen risk profile and signed agreement.Source 4Source 6Source 5
MarginCredit-based dealing requires its own agreement and eligible collateral; it is not implied by a cash brokerage account.Source 4Source 6Source 5
At a glance02

Remote opening steps

Remote opening steps
ItemDetails
Service selectionChoose the services and enter personal details in the securities app.Source 4
VerificationSupply financial information and identity documents, and complete the investment-goals/risk questionnaire.Source 4
Contract and accessElectronically accept/sign the required agreements; the described process sends access codes by email.Source 4
AvailabilityThe process is remote, but acceptance remains subject to the provider’s checks and requested documentation.Source 4
At a glance03

Joint holdings and managed-account eligibility

Joint holdings and managed-account eligibility
ItemDetails
Ordinary serviceThe brokerage offering includes a joint investor-account service.Source 7Source 6
BrainyThe brainy FAQ says co-beneficiary accounts are not supported.Source 7Source 6
Minimum investmentBrainy requires €300 to begin; this should not be presented as the minimum for every Piraeus Securities brokerage account.Source 7Source 6

View full spreads & trading costs

Products and markets

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At a glance04

Brokerage products

Brokerage products
ItemDetails
EquitiesGreek and international shares.Source 7Source 1
Fixed incomeGovernment and corporate bonds.Source 7Source 1
DerivativesGreek and international derivatives, subject to the relevant agreement and channel.Source 7Source 1
Foreign fundsThe basic tariff includes subscription charges for foreign equity, mixed, bond and cash-management funds.Source 7Source 1
At a glance05

Brainy portfolio universe

Brainy portfolio universe
ItemDetails
Investment vehiclePortfolios invest almost exclusively through ETFs.Source 6
Core exposuresThe service describes global equities and government/corporate bonds.Source 6
Risk profilesFive model profiles run from Conservative through Defensive, Balanced and Dynamic to Aggressive.Source 6
Planned assetsThe page says commodities and crypto are coming “soon”; that wording does not establish that they are already included.Source 6
At a glance06

Brainy equity-allocation ranges

Brainy equity-allocation ranges
ItemDetails
ConservativeEquity ETFs: no more than 10% of the portfolio.Source 6
DefensiveEquity ETFs: 10%–30%.Source 6
BalancedEquity ETFs: 25%–55%.Source 6
DynamicEquity ETFs: 50%–80%.Source 6
AggressiveFocuses on equity ETFs; the cited page does not give a numerical allocation range.Source 6

Trading and account costs

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The currently linked basic-services PDF gives maximum basic broker commissions and does not print an effective date. Its brokerage figures exclude the specified clearing costs, other expenses and taxes. The equity minimum fields are blank; obtain the applicable minimum, if any, with the individual order quote.[1]

At a glance07

Domestic equity brokerage

Domestic equity brokerage
ItemDetails
Ordinary executionMaximum basic commission 0.70%.Source 1
Online Trading service0.35% in the online row.Source 1
Minimum columnThe published row does not specify a minimum; confirm the applicable contract/order quote.Source 1
Additional costsClearing and other charges, expenses and taxes remain additional.Source 1
At a glance08

Foreign equity brokerage

Foreign equity brokerage
ItemDetails
Ordinary executionMaximum basic commission 0.70%.Source 1
Online Trading service0.50% in the online row.Source 1
Foreign clearingThe separate clearing schedule for major markets ranges from 0.05% to 0.15%, with €20 minimum.Source 1
Total costCustody, market-specific costs and any currency conversion must be considered separately.Source 1
At a glance09

Bond dealing by nominal amount

Bond dealing by nominal amount
ItemDetails
€0–€99,999 nominalPublished commission range 0.80%–1.00%.Source 1
€100,000–€499,999 nominal0.60%–0.80%.Source 1
Above €500,000 nominal0.40%–0.60%.Source 1
Exact quoteThe stated ranges and the printed boundary around €500,000 require an individual quote; no interpolated rate or missing boundary should be assumed.Source 1
At a glance10

Foreign mutual-fund subscriptions

Foreign mutual-fund subscriptions
ItemDetails
Equity funds1.50%.Source 1
Mixed funds1.00%.Source 1
Bond funds0.80%.Source 1
Cash-management funds0.00% subscription commission; the fund’s own product expenses remain a separate consideration.Source 1
At a glance11

Domestic derivatives commissions

Domestic derivatives commissions
ItemDetails
FTSE-25 futures€15 per contract, plus the exchange charge.Source 1
FTSE-25 options€8 per contract, plus the exchange charge.Source 1
Stock futures0.40% of nominal value, plus the exchange charge.Source 1
Stock options€3 per contract, plus the exchange charge.Source 1
At a glance12

Credit cost and collateral

Credit cost and collateral
ItemDetails
Published rateThe basic sheet lists 10% and says interest is calculated monthly.Source 1Source 5
Period clarificationThe sheet does not expressly label the rate’s annual basis; obtain the credit agreement and complete interest calculation rather than treating 10% as a monthly rate.Source 1Source 5
SecurityAn eligible collateral portfolio is pledged to the company for liabilities arising under the margin arrangement.Source 1Source 5
At a glance13

Foreign securities and bond custody

Foreign securities and bond custody
ItemDetails
Annual rate0.12% of average daily portfolio value.Source 1
Calculation and collectionCalculated quarterly under the stated custody item.Source 1
VATVAT is additional.Source 1
ScopeThis charge is specified for bonds and foreign securities, not as a universal custody percentage on every domestic equity holding.Source 1
At a glance14

Ordinary quarterly maintenance

Ordinary quarterly maintenance
ItemDetails
Portfolio €100–€10,000€4 per quarter.Source 1
Portfolio €10,001–€50,000€5 per quarter.Source 1
Portfolio €50,001 and above€6 per quarter.Source 1
No registered email€7.50 per quarter regardless of portfolio value.Source 1
Boundary scopeThe table does not define every fractional boundary or sub-€100 case; the account terms govern those cases. VAT is included where required.Source 1
At a glance15

Securities transfers

Securities transfers
ItemDetails
Out to another participant, same investor account€50 per delivery instruction.Source 1
In from another participant, same investor account€1 per counterparty, transaction and security.Source 1
Different investor or joint accounts€30 per counterparty, transaction and security under the stated joint-account transfer item.Source 1
Special arrangementsGifts, usufructs, restrictions and pledge releases are quoted by agreement, plus CSD charges.Source 1
At a glance16

DSS activation and deactivation

DSS activation and deactivation
ItemDetails
Creation or activation€10 for the relevant investor account at the Athens or Cyprus dematerialised securities system.Source 1
Deactivation€10.Source 1
Different from inactivityA charge for a requested DSS deactivation is not an automatic inactivity fee on an unused trading account.Source 1
At a glance17

Managed-portfolio fees

Managed-portfolio fees
ItemDetails
General portfolio-management itemThe basic tariff lists an annual 0.75% on the total invested portfolio, including VAT where required.Source 1Source 6
Brainy product ruleBrainy specifically uses 0.75% annually on average total portfolio valuation, calculated quarterly.Source 1Source 6
Brainy exampleAn average value of €4,000 over one year produces a €30 service fee.Source 1Source 6
Third-party transaction chargesBrainy says it covers the stated transaction taxes, exchange and clearing commissions; consult ETF product documents for the investments’ own costs and risks.Source 1Source 6

Platforms, orders and execution

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At a glance18

Web trading functions

Web trading functions
ItemDetails
Market accessThe service describes Greek and international share trading and the relevant Greek derivatives access.Source 2
PortfolioCurrent and historical portfolio information and transaction records are available.Source 2
InformationMarket information, notifications and analysis tools accompany dealing; data availability depends on the service entitlement.Source 2
At a glance19

Securities mobile app

Securities mobile app
ItemDetails
OpeningThe app supports remote opening of a securities account.Source 3Source 4
Dealing and monitoringIt provides the described Greek/international trading and portfolio monitoring functions.Source 3Source 4
FundingThe app describes funding the trading code from a bank account through the RF payment reference route.Source 3Source 4
App identityUse the Piraeus Securities trading app; bank eBanking instructions can belong to a different application and account provider.Source 3Source 4
At a glance20

Margin and settlement-credit accounts

Margin and settlement-credit accounts
ItemDetails
AgreementA signed agreement with Piraeus Securities is required.Source 5
CollateralThe customer pledges a portfolio of securities meeting the company’s eligibility criteria.Source 5
Two productsThe service page distinguishes a margin account and credit within the stated transaction-settlement deadline, described there as T+2.Source 5
ScopeThat product description does not establish one universal settlement cycle for every foreign market.Source 5
At a glance21

Brainy investment authority

Brainy investment authority
ItemDetails
Risk assessmentA questionnaire informs the proposed strategy and risk profile.Source 6
MandateAfter the agreement and funding, Piraeus Securities invests for the customer according to the chosen strategy.Source 6
Portfolio decisionsThe service’s managers determine the ETF mix for the selected risk level.Source 6
Automation meaningPiraeus describes automated rebalancing within the selected strategy, with its investment managers choosing the ETF mix.Source 6

Cash, currencies and transfers

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At a glance22

Funding ordinary brokerage

Funding ordinary brokerage
ItemDetails
RF referenceThe securities app describes bank-account funding to the customer’s trading code through the RF reference mechanism.Source 3
Account identificationUse the customer’s current designated payment details and reference.Source 3
AvailabilityMarketing about speed does not establish a universal settlement or cash-availability deadline for every sending bank.Source 3
At a glance23

Brainy initial and additional investment

Brainy initial and additional investment
ItemDetails
Opening amount€300 minimum.Source 6
Further investments€100 minimum for a subsequent contribution.Source 6
Funding sourceThe service describes transferring funds from the customer’s bank once the investment account is opened.Source 6
At a glance24

Brainy withdrawal and transfer out

Brainy withdrawal and transfer out
ItemDetails
Minimum withdrawal€100.Source 6
Payment destinationThe designated bank account specified by the customer.Source 6
Stated timingThe FAQ says money is credited within three business days following the relevant liquidation request; an individual request remains subject to processing and settlement.Source 6
Transfer to another brokerAn in-kind portfolio transfer is not supported; the portfolio must be liquidated and the sale proceeds paid out.Source 6
At a glance25

Brainy currency and profile changes

Brainy currency and profile changes
ItemDetails
Reference currencyEuro.Source 6
Different risk profileThe FAQ says a change can be possible under conditions and directs the customer to contact the firm.Source 6
Product exposureA euro reference currency does not by itself remove the market or currency risks of underlying international investments.Source 6

Legal entity and investor protection

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At a glance26

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 10Source 11Source 7
LimitUp to €30,000 per eligible investor and member, aggregated across covered accounts, currencies and services.Source 10Source 11Source 7
Exclusions from the promiseThe limit is not a guarantee against market losses or every service complaint.Source 10Source 11Source 7
At a glance27

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 10Source 11
Bank depositsA parent bank’s deposit-protection limit must not be substituted for the investment firm’s compensation scheme.Source 10Source 11
Joint interestsThe scheme’s allocation of a joint holding follows the documented shares, or equal shares where no different allocation is established.Source 10Source 11
At a glance28

Company identity and the group boundary

Company identity and the group boundary
ItemDetails
ProviderPiraeus Securities S.A., the group’s investment firm.Source 7Source 9
Published authorisationsThe company states HCMC decisions 3/28/27.12.1989 and 11/473/5.6.2008.Source 7Source 9
RegistryG.E.MI. 1320701000.Source 7Source 9
Different group entitiesThe group investment-services document separately identifies Piraeus Bank, the securities firm and asset managers; their services and protection schemes should not be merged.Source 7Source 9

Support and complaints

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At a glance29

Broker support contacts

Broker support contacts
ItemDetails
Customer service+30 210 335 4100.Source 7Source 8
Online Trading help desk+30 210 335 4050.Source 7Source 8
Office10 Stadiou Street, 10564 Athens.Source 7Source 8
Correct providerUse the securities help desk for trading access and order-status questions.Source 7Source 8
At a glance30

Complaints and correspondence

Complaints and correspondence
ItemDetails
First routeRaise the issue with the usual company contact or send a written complaint to the securities firm.Source 9
Account evidenceInclude the account and disputed transaction details through an authorised private contact channel.Source 9
LanguageThe group terms state Greek as the governing communication language unless otherwise agreed; foreign-instrument material may be supplied in another language the customer understands.Source 9

Research, reporting and additional services

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At a glance31

Portfolio records and research

Portfolio records and research
ItemDetails
Brokerage informationThe online service offers portfolio monitoring and technical/fundamental information tools.Source 2Source 6
Brainy statementsBrainy provides a detailed statement at the end of each month.Source 2Source 6
AccessBrainy is available through web and iOS/Android mobile channels; its reporting and mandate are separate from ordinary brokerage.Source 2Source 6
At a glance32

Interpreting brainy performance charts

Interpreting brainy performance charts
ItemDetails
Historical periodThe 1 January 2015–31 December 2025 figures are simulations of model-portfolio performance.Source 6
MethodThe simulation uses historical proxy-ETF returns to represent the relevant asset classes before the brainy models existed.Source 6
LimitationIt is not a live customer performance history, and neither capital nor future investment results are guaranteed.Source 6

Company and account provider

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At a glance33

Business and service structure

Business and service structure
ItemDetails
Brokerage businessPiraeus Securities serves retail and institutional clients with securities execution, custody-related and credit services.Source 7Source 6
Managed serviceBrainy adds a separately contracted managed-ETF portfolio service.Source 7Source 6
Registered address10 Stadiou Street, 10564 Athens, Greece.Source 7Source 6
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.

Piraeus Securities S.A.

GreeceSource 7Source 9Source 11

No separate licence entry is recorded in this panel.

Practical account considerations

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At a glance34

Keep ordinary and brainy rules separate

Keep ordinary and brainy rules separate
ItemDetails
Trading choiceOrdinary brokerage lets the customer submit security orders; brainy invests under the agreed managed strategy.Source 1Source 6
Exit routeAn ordinary in-kind securities transfer has a published tariff; brainy requires liquidation for a move to another broker.Source 1Source 6
Fee basisOrdinary custody/maintenance and the brainy annual management charge refer to different service arrangements.Source 1Source 6
At a glance35

Questions for an individual quote

Questions for an individual quote
ItemDetails
Bond dealingAsk for the exact rate inside the published nominal-value range.Source 1Source 5
Margin interestConfirm the rate period, calculation basis and collateral terms in the credit agreement.Source 1Source 5
Foreign equitiesAsk for brokerage, clearing, custody, currency conversion and tax together; the online commission alone is not the total charge.Source 1Source 5
Follow the evidence

Sources & further reading

  1. Piraeus Securities — online trading service Piraeus Securities · Accessed 27 Oct 2026
  2. Piraeus Securities — securities mobile app and RF funding Piraeus Securities · Accessed 27 Oct 2026
  3. Piraeus Securities — customer service and contact details Piraeus Securities · Accessed 27 Oct 2026
  4. Greek Guarantee Fund — investor-compensation scope and maximum Guarantee Fund for Investment Services · Accessed 29 Oct 2026
  5. 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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