Which broker is better for Montenegro traders in 2026? Expert analysis across 12 categories.
Montenegro traders seeking a reliable forex broker face a choice between FBS (rated 3.7/5) and EasyMarkets (rated 3.4/5). Both brokers cater to retail traders and support popular local payment methods: Bank Transfer, Skrill, Neteller, and USDT TRC20. However, they differ significantly in trading costs, platform features, and regulatory frameworks. FBS is known for its low spreads and high leverage, while EasyMarkets offers a user-friendly platform with guaranteed stop-losses. For traders in Podgorica, Nikšić, or elsewhere in Montenegro, this comparison will help you decide which broker aligns with your trading style and local needs. We analyze spreads, deposit options, regulation, and more to give you a clear picture for 2025.
| Instrument | FBS | EasyMarkets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | EasyMarkets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | EasyMarkets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | EasyMarkets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | EasyMarkets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $5 | $25 | EasyMarkets |
For Montenegro traders, FBS offers a clear advantage in trading costs with spreads starting from 0 pips on its ECN account, compared to EasyMarkets' fixed spreads around 1-2 pips on major pairs. FBS also provides a Zero Spread account with a small commission, while EasyMarkets charges no commission but has wider spreads. If you trade high volumes, FBS will save you significantly on costs. For example, trading 10 lots of EUR/USD monthly, FBS costs about $50 less than EasyMarkets in spreads. Consider your trading frequency and account size to choose the most cost-effective option.
| Account Type | FBS | EasyMarkets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $5 | $25 |
| Entity / Asset | FBS | EasyMarkets |
|---|---|---|
| Montenegro (offshore) | Up to 1:3000 | Up to 1:2000 |
| Forex major pairs | 1:3000 | 1:2000 |
| 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 | FBS | EasyMarkets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FBS |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FBS |
| Crypto CFDs | 30+ | 20+ | FBS |
| Stocks / Share CFDs | ✗ | ✗ | EasyMarkets |
| ETFs | ✗ | ✗ | Tie |
| Platform | FBS | EasyMarkets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
FBS offers the popular MetaTrader 4 and MetaTrader 5 platforms, which are widely used by experienced traders in Montenegro for their advanced charting and automated trading capabilities. EasyMarkets provides its proprietary web platform and mobile app, which are simpler and include unique risk management tools like dealCancellation and free guaranteed stop-losses. For Montenegro traders who value customization and advanced tools, FBS is better. For those who prefer an intuitive, beginner-friendly interface, EasyMarkets is ideal.
| Factor | FBS | EasyMarkets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | EasyMarkets |
| Avg execution speed | ~30ms | ~40ms | FBS |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
FBS uses a hybrid execution model with No Dealing Desk (NDD) on ECN accounts, offering fast execution with minimal slippage. EasyMarkets uses market execution with guaranteed stop-losses and no requotes, which is beneficial for volatile markets. For scalpers and high-frequency traders in Montenegro, FBS's NDD execution is superior. For traders prioritizing order reliability, EasyMarkets is a solid choice.
| Safety Factor | FBS | EasyMarkets |
|---|---|---|
| Primary regulator | IFSC | CySEC |
| Top-tier regulated | ✗ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
FBS is regulated by the International Financial Services Commission (IFSC) of Belize and the Cyprus Securities and Exchange Commission (CySEC), providing a moderate level of oversight. EasyMarkets is regulated by CySEC and the Australian Securities and Investments Commission (ASIC), offering stronger investor protection. Neither broker is directly regulated by the local financial regulator in Montenegro, but both comply with EU standards if operating under CySEC. For Montenegro traders, EasyMarkets' ASIC regulation adds an extra layer of security, while FBS's IFSC license is less stringent but still acceptable for retail traders.
| Payment Method | FBS | EasyMarkets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | Electronic Wallets / Systems: Credited immediately to 30 minutes (processed 24/7 by the financial department).Cryptocurrency: Instant, though subject to blockchain network confirmations.Credit / Debit Cards: Average of 3 to 4 business days (internal processing takes 15–20 minutes, plus bank clearance).Bank Transfers: Usually processed within 7 to 10 business days. | 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) |
Montenegro traders can fund their accounts at both brokers using Bank Transfer, Skrill, and Neteller. FBS also supports USDT TRC20, a popular cryptocurrency method for fast, low-cost deposits, while EasyMarkets does not. FBS has a minimum deposit of $10, making it accessible for beginners, whereas EasyMarkets requires $100. Withdrawals are processed quickly: FBS typically takes 1-2 business days for e-wallets, while EasyMarkets may take 2-5 days. For USDT TRC20 users, FBS offers instant deposits. Always verify withdrawal fees and limits on each broker's website.
| Islamic Account Feature | FBS | EasyMarkets |
|---|---|---|
| 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 FBS and EasyMarkets offer Islamic (swap-free) accounts for Muslim traders in Montenegro who require Sharia-compliant trading. FBS provides swap-free accounts upon request, applicable to most currency pairs and metals, but not to cryptocurrencies. EasyMarkets offers Islamic accounts directly during registration with no additional conditions. Both brokers ensure no overnight interest is charged or credited. For Montenegro Muslim traders, either option works, but EasyMarkets' simpler setup may be more convenient.
| Support Feature | FBS | EasyMarkets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FBS |
FBS offers 24/7 customer support via live chat, email, and phone, with English and Russian language options common in Montenegro. EasyMarkets provides 24/5 support with live chat, email, and phone, plus a comprehensive FAQ. FBS's multilingual support is slightly more accessible for Montenegro traders, but EasyMarkets' response times are generally faster. Both are adequate for resolving issues.
| Mobile Feature | FBS | EasyMarkets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FBS |
| Google Play rating | 4.3 stars | 4.2 stars | FBS |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | FBS | EasyMarkets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FBS |
Choose FBS if you...
Choose EasyMarkets if you...
For Montenegro retail traders, FBS is the better overall choice in 2025 due to its higher rating, lower spreads, and support for USDT TRC20 deposits—a key advantage for local users. Its flexible account types and advanced platforms suit active traders. EasyMarkets, however, is a strong contender for beginners or those who prioritize simplicity and strict risk management. Both brokers accept Bank Transfer, Skrill, and Neteller, but FBS's additional USDT TRC20 option and lower minimum deposit make it more accessible. While neither is regulated by the local financial regulator, EasyMarkets' ASIC oversight offers extra peace of mind. Ultimately, FBS wins for cost-conscious traders, while EasyMarkets appeals to those seeking safety and ease of use.