Which broker is better for Serbia traders in 2026? Expert analysis across 12 categories.
For traders in Serbia, choosing between EasyMarkets and XM Group involves evaluating local payment options, trading costs, and regulatory comfort. Both brokers have a strong international presence and support USD accounts — the preferred currency for Serbian retail forex participants. EasyMarkets, with a Trustpilot score of 3.4/5, is known for its user-friendly platform and fixed spreads. XM Group, scoring 4.7/5, appeals with low variable spreads, extensive educational resources, and faster execution. Serbian traders benefit from local deposit methods such as Bank Transfer, Skrill, Neteller, and USDT TRC20, all supported by both brokers. The local financial regulator (National Bank of Serbia) does not directly oversee forex brokers, but traders can rely on CySEC and ASIC licenses held by both firms. This comparison highlights how each broker caters to the needs of Serbian retail traders, from beginners to more frequent traders.
| Instrument | EasyMarkets | XM Group | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | XM Group |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | XM Group |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | XM Group |
| Standard acc spread | from 1.0 pips | from 0.8 pips | XM Group |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $5 | EasyMarkets |
When comparing trading costs for Serbia traders, XM Group offers lower variable spreads — from 0 pips on EUR/USD with a $3.5 commission per lot, or 0.6 pips spread without commission. EasyMarkets' fixed spreads are typically 1.2 pips on EUR/USD, providing predictability but higher cost per trade. For a Serbian trader executing several lots per month, XM Group can save hundreds of dollars annually. EasyMarkets also charges a small slippage protection fee if enabled. Overall, XM Group's cost structure is more favourable for active traders, while EasyMarkets suits those prioritising fixed costs.
| Account Type | EasyMarkets | XM Group |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✓ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $5 |
| Entity / Asset | EasyMarkets | XM Group |
|---|---|---|
| Serbia (offshore) | Up to 1:2000 | Up to 1:1000 |
| Forex major pairs | 1:2000 | 1:1000 |
| 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 | EasyMarkets | XM Group | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | EasyMarkets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | EasyMarkets |
| Crypto CFDs | 30+ | 20+ | EasyMarkets |
| Stocks / Share CFDs | ✗ | ✗ | XM Group |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | XM Group |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
EasyMarkets provides its own web-based platform alongside MetaTrader 4 (MT4) and MT5. The proprietary platform features risk management tools like DealCancellation and Freeze Rate, which are user-friendly for Serbian beginners. XM Group offers MT4, MT5, and a web trader — platforms known for advanced charting and automated trading. For Serbian traders who want custom indicators and EA trading, XM Group’s MT4/MT5 are superior. Both brokers have mobile apps, but XM Group’s platform ecosystem is more versatile.
| Factor | EasyMarkets | XM Group | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | XM Group |
| Avg execution speed | ~30ms | ~40ms | EasyMarkets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✗ | ✓ | Tie |
EasyMarkets uses No Dealing Desk (NDD) execution with fixed spreads, ensuring no requotes but higher spreads. XM Group employs STP/ECN execution with variable spreads and lower latency, ideal for scalping and algorithmic trading. For Serbian traders needing fast execution and minimum slippage on major pairs, XM Group is clearly superior. EasyMarkets' fixed spreads may appeal to those who prioritise certainty over speed.
| Safety Factor | EasyMarkets | XM Group |
|---|---|---|
| Primary regulator | CySEC | ASIC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
EasyMarkets is regulated by CySEC (Cyprus), ASIC (Australia), and FSA (Seychelles). XM Group holds licenses from CySEC, ASIC, FSC (Belize), and IFSC. Neither broker is regulated by the local financial regulator in Serbia, which does not specifically license forex brokers. However, both firms comply with European MiFID standards (via CySEC) and offer negative balance protection for retail clients. For Serbian traders, this means a reasonable level of oversight and deposit protection up to €20,000 under CySEC. XM Group’s multiple licenses provide additional geographic coverage, but both are considered trustworthy by the Serbian trading community.
| Payment Method | EasyMarkets | XM Group |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✓ |
| Withdrawal time | Cards 1-2 business days; e-wallets instant-1 business day; bank wire 3-10 business days; overall back-office processing within 1 business day (24h) | Visa/Mastercard and e-wallets near-instant to 1-2 business days; bank wire several days |
Serbian traders can fund accounts with Bank Transfer, Skrill, Neteller, and USDT TRC20 at both EasyMarkets and XM Group. Bank transfers take 1-3 business days and may involve intermediary fees; Skrill and Neteller deposits are instant with minimal charges. USDT TRC20 deposits are processed quickly and often fee-free. EasyMarkets requires a minimum deposit of $25, while XM Group’s minimum is only $5. Withdrawals are also supported via the same methods: e-wallets and USDT typically processed within 24 hours, bank transfers up to 3 days. XM Group charges no withdrawal fees, but EasyMarkets may apply a small fee for certain methods. Both brokers authenticate withdrawals with standard security checks, ensuring safe transactions for Serbian clients.
| Islamic Account Feature | EasyMarkets | XM Group |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both EasyMarkets and XM Group offer Islamic (swap-free) accounts for Muslim traders in Serbia. EasyMarkets applies a small administrative fee if positions are held beyond 3 days without earning swap. XM Group provides fully swap-free trading with no extra charges, making it the more cost-effective option for Serbian Muslim traders. No religious documentation is required; simply request the account type at registration. Both brokers allow Islamic accounts across all standard and MT4/MT5 platforms.
| Support Feature | EasyMarkets | XM Group | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
Customer support for Serbian traders: XM Group offers 24/5 multilingual support via live chat, email, and phone, including Serbian language assistance. EasyMarkets also provides 24/5 support in English and other major languages, but does not have a dedicated Serbian team. Response times are typically under 1 minute for live chat at both brokers. XM Group also has a comprehensive FAQ and educational materials, which benefits Serbian beginners.
| Mobile Feature | EasyMarkets | XM Group | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | EasyMarkets |
| Google Play rating | 4.3 stars | 4.2 stars | EasyMarkets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | EasyMarkets | XM Group | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose XM Group if you...
For Serbian retail traders, XM Group is the clear winner with a 4.7 rating, lower trading costs, and broader platform support. It handles local deposit methods like Bank Transfer, Skrill, Neteller, and USDT TRC20 efficiently, and offers a more attractive Islamic account policy. EasyMarkets remains a solid choice for beginners who want fixed costs and a user-friendly experience, but its higher spreads and fewer instruments limit its appeal. Both brokers operate legally under international regulation, with the local financial regulator in Serbia taking a hands-off approach. We recommend XM Group for most traders in Serbia, while EasyMarkets suits those prioritizing simplicity and fixed pricing.