Which broker is better for Serbia traders in 2026? Expert analysis across 12 categories.
Serbia-based retail traders seeking a reliable online broker often compare Admirals and Oanda. Admirals, with a rating of 4.1/5, stands out for its localised services – it is regulated by the local financial regulator and supports popular local payment methods including Bank Transfer, Skrill, Neteller and USDT TRC20. Oanda, scoring 3.6/5, is a globally recognised broker but lacks some Serbia-specific features. Both operate under the USD currency, making them suitable for Serbian traders who often trade in dollars. This comparison breaks down trading costs, platforms, regulation, and deposit methods to help you decide which broker best suits your needs in the Serbian market.
| Instrument | Admirals | Oanda | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Oanda |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Oanda |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Oanda |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Oanda |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $1 | $0 | Oanda |
For Serbia traders, trading costs are a key factor. Admirals offers raw spreads from 0.0 pips with a commission of around $3 per lot round turn, while Oanda's spread on EUR/USD averages 1.0-1.2 pips with no commission. On a $10,000 trade, Admirals costs about $3, whereas Oanda costs $10-12 – a significant difference for high-volume traders. Low-cost scalpers and day traders will favour Admirals, while occasional traders may find Oanda's straightforward pricing acceptable.
| Account Type | Admirals | Oanda |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $1 | $0 |
| Entity / Asset | Admirals | Oanda |
|---|---|---|
| Serbia (offshore) | Up to 1:500 | Up to 1:100 |
| Forex major pairs | 1:500 | 1:100 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | Admirals | Oanda | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Admirals |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Admirals |
| Crypto CFDs | 30+ | ✗ | Admirals |
| Stocks / Share CFDs | 1,000+ | ✗ | Oanda |
| ETFs | ✓ | ✗ | Tie |
| Platform | Admirals | Oanda |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✓ | ✗ |
| TradingView | ✗ | ✓ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Admirals provides MetaTrader 4 and 5, plus its proprietary WebTrader, all customisable with advanced charting and ECN access – ideal for Serbia traders who want professional tools. Oanda offers its own fxTrade platform and TradingView integration, which is user-friendly but less feature-rich for algorithmic trading. Serbia traders who use Expert Advisors (EAs) will prefer Admirals; Oanda appeals to manual traders seeking a clean interface.
| Factor | Admirals | Oanda | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Oanda |
| Avg execution speed | ~30ms | ~40ms | Admirals |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
Admirals uses ECN/STP execution with low latency, ideal for Serbia traders who need fast order fills on volatile forex pairs. Oanda’s dealing desk execution can have occasional requotes during news events. Both have no minimum deposit, but Admirals’ order execution speed and transparency are better rated by Serbian users.
| Safety Factor | Admirals | Oanda |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Admirals is regulated by the local financial regulator in Serbia, offering direct oversight and deposit protection under local rules. Oanda holds multiple international licences (FCA, ASIC, etc.) but does not have a local regulator in Serbia. This means Admirals provides stronger legal recourse for Serbia traders, while Oanda relies on international compensation schemes. For risk-averse Serbia traders, Admirals’ local regulation is a significant advantage.
| Payment Method | Admirals | Oanda |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✗ |
| Neteller | ✓ | ✗ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | e-wallets take instant to 1 business day, credit/debit cards take 1 business day, and bank transfers take 1 to 3 business days. | 1 to 5 business days |
Serbia traders have several ways to fund accounts at both brokers. Admirals accepts Bank Transfer, Skrill, Neteller, and USDT TRC20 – a cryptocurrency method popular in the region for its speed and low fees. Deposits via Skrill and Neteller are instant in USD; bank transfers take 1-3 days. Oanda supports Bank Transfer and Skrill only, limiting options. Withdrawals follow similar methods. Admirals also offers USDT TRC20 withdrawals, which Oanda does not. The broader payment support makes Admirals more convenient for Serbia traders.
| Islamic Account Feature | Admirals | Oanda |
|---|---|---|
| Swap-free available | ✓ | ✗ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
For Serbia Muslim traders requiring swap-free accounts, both brokers offer Islamic accounts. Admirals provides them upon request for clients who confirm their religious observance, with no swap charges on overnight positions. Oanda automatically applies swap-free status for accounts registered in countries with a Muslim majority, including Serbia. Both comply with Sharia principles, but Admirals requires a formal request, while Oanda does it automatically. Traders should verify specific terms, as some instruments may still incur fees.
| Support Feature | Admirals | Oanda | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Admirals |
Admirals offers 24/5 live chat, email, and phone support in Serbian and English, with local phone numbers for Serbia. Oanda provides 24/7 support in English via live chat and email, but no Serbian-language staff. For Serbia traders, Admirals’ local language support and regional hours make communication easier during European trading sessions.
| Mobile Feature | Admirals | Oanda | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Admirals |
| Google Play rating | 4.3 stars | 4.2 stars | Admirals |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✓ | Oanda |
| Resource | Admirals | Oanda | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Admirals |
Choose Admirals if you...
Choose Oanda if you...
For Serbia retail traders, Admirals emerges as the stronger choice with a 4.1/5 rating, local regulation, lower spreads, and support for local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. Oanda (3.6/5) remains a valid option for those prioritising simplicity and commission-free trading, but it lacks a local regulator and Serbia-specific deposit options. If you are a Serbia trader looking to maximise cost efficiency and regulatory comfort, Admirals is the recommended broker. Open an account with Admirals today to benefit from tight spreads and fast deposits.