Which broker is better for Serbia traders in 2026? Expert analysis across 12 categories.
Traders in Serbia have a clear choice when selecting a forex broker: Forex.com, with a score of 3.4/5, or FP Markets, rated 4.7/5. The Serbian trading environment requires brokers that support local payment methods like Bank Transfer, Skrill, Neteller, and the increasingly popular USDT TRC20. Additionally, Serbian retail traders benefit from brokers with low spreads and reliable execution, as the local financial regulator does not directly oversee international forex firms. FP Markets stands out by offering tighter spreads, faster withdrawals, and a broader range of deposit options, including USDT TRC20 – a major advantage for those seeking instant, low‑cost funding. Forex.com, while a global brand, falls short with higher costs and limited crypto support. This comparison breaks down the key factors – costs, regulation, platforms, and deposits – to help Serbian traders make an informed decision in 2025.
| Instrument | Forex.com | FP Markets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FP Markets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FP Markets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FP Markets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FP Markets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $100 | $100 | Tie |
For Serbia traders focused on cost efficiency, FP Markets offers significantly lower spreads – from 0.0 pips on Raw accounts (plus a low commission) and competitive standard spreads. Forex.com’s spreads are wider, often 1.0–1.5 pips on EUR/USD, which can eat into profits for active traders. Over 100 standard lots per month, the difference in trading costs can reach hundreds of USD, making FP Markets the clear winner for cost‑sensitive Serbian traders. Both brokers add no withdrawal fees for e‑wallets, but FP Markets also waives deposit fees for USDT TRC20.
| Account Type | Forex.com | FP Markets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✗ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $100 | $100 |
| Entity / Asset | Forex.com | FP Markets |
|---|---|---|
| Serbia (offshore) | Up to 1:50 | Up to 1:500 |
| Forex major pairs | 1:50 | 1:500 |
| 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 | Forex.com | FP Markets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Forex.com |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Forex.com |
| Crypto CFDs | 30+ | 20+ | Forex.com |
| Stocks / Share CFDs | ✗ | 1,700+ | FP Markets |
| ETFs | ✗ | ✓ | Tie |
| Platform | Forex.com | FP Markets |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✓ |
| TradingView | ✗ | ✓ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
FP Markets provides MetaTrader 4, MetaTrader 5, and cTrader – all fully available to Serbia traders with local servers for low latency. Forex.com offers its proprietary web platform and MT4, but lacks MT5 and cTrader. For Serbian traders who value advanced charting and automated trading, FP Markets’ multi‑platform support is a major plus. Both platforms are available in English and Serbian language support is limited, but FP Markets offers 24/7 live chat which is more accessible.
| Factor | Forex.com | FP Markets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FP Markets |
| Avg execution speed | ~30ms | ~40ms | Forex.com |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✗ | ✓ | Tie |
FP Markets offers institutional‑grade execution with no dealing desk and average speeds of 30–40 ms. Forex.com also provides direct market access, but its execution is slower on volatile pairs. For Serbian traders scalping or using EAs, FP Markets’ faster fills and less slippage provide a clear edge. Both brokers use STP/ECN models, but FP Markets consistently ranks higher in execution quality benchmarks.
| Safety Factor | Forex.com | FP Markets |
|---|---|---|
| Primary regulator | FCA | ASIC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Neither Forex.com nor FP Markets is licensed by the local financial regulator in Serbia. However, both hold strong licenses from tier‑1 bodies: Forex.com is regulated by the FCA, CFTC, and CySEC; FP Markets is regulated by ASIC and CySEC. This means Serbian traders are protected under European investor compensation schemes (CySEC) and rigorous oversight. FP Markets additionally complies with strict capital adequacy rules. For Serbian traders, the lack of local regulation is offset by these high‑standard international licenses.
| Payment Method | Forex.com | FP Markets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✗ | ✓ |
| Neteller | ✗ | ✓ |
| USDT / Crypto | ✗ | ✓ |
| Withdrawal time | 1 to 3 business days | 24 hours |
Serbia traders can deposit and withdraw using Bank Transfer, Skrill, Neteller, and USDT TRC20 – but only FP Markets supports the last option. FP Markets processes USDT TRC20 deposits instantly with zero fees, while Skrill and Neteller are also free and fast (within 24 hours for withdrawals). Forex.com supports Bank Transfer (1–3 days), Skrill, and Neteller but does not accept cryptocurrency deposits. FP Markets also has a lower minimum deposit ($50 equivalent) compared to Forex.com ($100). For Serbia traders who prefer using crypto or e‑wallets, FP Markets offers far more flexibility and speed.
| Islamic Account Feature | Forex.com | FP Markets |
|---|---|---|
| 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 brokers offer swap‑free Islamic accounts compliant with Sharia law, which is relevant for Muslim traders in Serbia. FP Markets provides Islamic accounts on all account types (Standard, Raw, and cTrader) with no restrictions on trading hours or instruments. Forex.com offers Islamic accounts only on its MT4 platform, and some exotic pairs may still incur fees. Serbia Muslim traders seeking flexibility and full transparency will prefer FP Markets.
| Support Feature | Forex.com | FP Markets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Forex.com |
FP Markets provides 24/7 multilingual customer support via live chat and email, with Serbian‑friendly English support and fast response times (under 2 minutes). Forex.com offers 24/5 phone and email support, but live chat is limited to business hours. For Serbia traders who trade outside standard hours or need quick help, FP Markets is more accessible.
| Mobile Feature | Forex.com | FP Markets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Forex.com |
| Google Play rating | 4.3 stars | 4.2 stars | Forex.com |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✓ | FP Markets |
| Resource | Forex.com | FP Markets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | Forex.com |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Forex.com |
Choose Forex.com if you...
Choose FP Markets if you...
For most retail traders in Serbia, FP Markets is the superior choice – scoring 4.7/5 compared to Forex.com’s 3.4/5. Its tight spreads, fast execution, and acceptance of USDT TRC20 alongside Bank Transfer, Skrill, and Neteller align perfectly with local payment preferences. While Forex.com is a reliable global broker, its higher costs and lack of crypto deposits limit its appeal. The local financial regulator does not directly oversee either, but FP Markets’ ASIC/CySEC licenses provide equivalent safety. If you are a Serbian trader seeking the best all‑round value, FP Markets wins hands‑down.