HomeBroker ReviewsFXTM ReviewSerbia
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
Serbia
Live account tested
Broker Review · Serbia 2026

FXTM Review 2026: A Comprehensive Look for Serbia Traders

FXTM is a globally recognized broker that offers Serbia traders a solid mix of regulation, low minimum deposit, and flexible payment methods. While its FCA and CySEC regulation provide a safety net, the lack of a local license and high leverage (up to 2000:1) require caution. Overall, it's a good choice for beginners and intermediate traders in Serbia, but advanced traders may want to compare spreads.
Regulated: FCA
Min Deposit: $200
Score: 3.7/5
Islamic: Yes
3.7/5
★★★★★
Overall Score
Regulation
5.0
Spreads
3.8
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for Serbia Traders

  • Low minimum deposit of $10 makes it accessible for Serbian beginners.
  • Supports local payment methods: Bank Transfer, Skrill, and USDT.
  • Strong regulation by FCA and CySEC offers client protection.
  • Islamic account available for Muslim traders in Serbia.
  • Offers both MT4 and MT5 platforms with fast execution.

CONS for Serbia Traders

  • No regulation by the National Bank of Serbia (NBS).
  • Does not support cTrader or TradingView platforms.
  • Spreads on Standard account are average compared to competitors.
  • Limited cryptocurrency instruments compared to crypto-focused brokers.
📅
2011
Founded
📍
Cyprus
HQ
💵
$200
Min Deposit
📊
3.7/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Serbia
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

FXTM Overview for Serbia

Founded in 2011 and headquartered in Cyprus, FXTM (ForexTime) has grown into one of the world's largest retail forex brokers, serving over 3 million clients globally. For Serbia traders, FXTM is particularly attractive due to its low minimum deposit of just $10, support for local payment methods like Bank Transfer, Skrill, and USDT, and a wide range of trading instruments including forex, gold, oil, indices, and cryptocurrencies. The broker offers both MetaTrader 4 and MetaTrader 5 platforms, which are highly popular among Serbian retail traders for their advanced charting and automated trading capabilities. FXTM also provides Islamic accounts, making it accessible to Muslim traders in Serbia. While the broker does not hold a specific license from the National Bank of Serbia, its strong regulatory framework under the FCA and CySEC provides a reasonable level of safety. With a 3.7 overall rating, FXTM is a solid choice for traders in Serbia looking for a reliable and flexible broker.

DetailInformation
Founded2011
HeadquartersCyprus
Regulated byFCA,CySEC,FSCA,FSC
Min Deposit$200
Max Leverage3000
PlatformsMT4, MT5
Islamic AccountAvailable
Copy TradingAvailable
Demo AccountAvailable
🛡️

Regulation & Safety — Is FXTM Safe for Serbia?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Serbia traders
Always verify FXTM's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USD1.50 pips$01.50 pips1.50 pips
XAU/USD0.50 pips$00.50 pips0.50 pips
💼

Account Types for Serbia Traders

Standard Account
No Commission
Min Deposit$200
EUR/USD Spreadfrom 1.50 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$200
EUR/USD Spreadfrom 1.50 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountYes
Islamic (Swap-free)Yes
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingYes
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Available
iOS · Android · PC
📈
MetaTrader 5
MT5
Available
iOS · Android · PC
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Not available
Serbia tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — Serbia Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
Serbia deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — Serbia Muslim Traders

FXTM offers a genuine swap-free Islamic account for Muslim traders in Serbia, in compliance with Sharia law. The account is available on the Standard and ECN account types, but not on the ECN account. On the Islamic account, no swap or interest is charged on overnight positions, and there are no hidden fees or markups on spreads. The swap-free status is applied automatically after you request it through customer support. It is important to note that the Islamic account is intended for genuine Muslim traders, and FXTM may request proof of faith. For Serbia Muslim traders, this account is a great option to trade forex without violating religious principles.

FeatureDetails
Islamic Account AvailableYes
Swap FeesNo swap fees
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
📊

Instruments & Markets in Serbia

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll available1.50 pips
Gold (XAU/USD)Spot GoldAvailable0.50 pips
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40 pts
Crypto CFDsBTC, ETH, XRP, SOLAvailableCheck broker
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for Serbia traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Serbia traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for Serbia traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Serbia Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for Serbia
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes Serbia Traders Make with FXTM

  • Mistake: Choosing the wrong entity. Serbia traders should always select the FCA-regulated entity for the best protection, not the offshore one.
  • Mistake: Ignoring swap fees on standard accounts. If you hold positions overnight, consider the Islamic account to avoid interest charges.
  • Mistake: Using bank transfer for small deposits. It's slow and may have bank fees; use Skrill or USDT for instant deposits under $100.
🔍

FXTM vs Competitors in Serbia

BrokerMin DepositEUR/USDIslamicTradingViewScore
FXTM (current)$2001.50 pipsYesNo3.7
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — FXTM

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Serbia traders
FXTM segregates all client funds and is regulated by top-tier authorities.

FXTM User Reviews & Ratings

Trustpilot Rating

3.7
★★★★★
Based on 1,073 reviews
Read on Trustpilot

CompareBroker Expert Rating

3.7
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

FXTM Latest News & Updates 2026

Platform
July 2026
FXTM expands TradingView integration
FXTM has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
FXTM maintains top-tier regulatory status
FXTM continues to hold its regulatory licenses, ensuring client fund protection for Serbia traders.
Product
May 2026
New instruments added for Serbia traders
FXTM has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is FXTM Worth It for Serbia Traders?

3.7/5
★★★★★

FXTM is a reliable and well-regulated broker that is a good fit for most retail traders in Serbia. The low minimum deposit, support for local payment methods (Bank Transfer, Skrill, USDT), and the availability of Islamic accounts make it particularly appealing. The FCA and CySEC regulation provide a strong safety net, even without a local license. However, traders looking for the tightest spreads or advanced platforms like cTrader may want to explore other options. For beginners and intermediate traders in Serbia, FXTM is a solid choice. For high-volume scalpers, the ECN account with raw spreads is competitive. Overall, we recommend FXTM for Serbia traders who value security and flexibility over ultra-low spreads.

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FAQ — FXTM for Serbia Traders

Is FXTM safe for Serbia traders?+
How can I deposit money in FXTM from Serbia?+
Does FXTM have Islamic account?+
What is the minimum deposit for FXTM in Serbia?+
What trading platforms does FXTM offer?+
Is FXTM regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
Open FXTM Account
Regulated · Serbia
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score3.7/5
RegulationFCA · CySEC
Min Deposit$200
Max Leverage3000
Founded2011
IslamicYes
TradingViewNo
MT4/MT5Both
Copy TradingYes
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