FP Markets vs FxOpen for Serbia Traders (2026)

For Serbia traders, trading costs are a key factor, especially when trading in USD. FP Markets offers tighter spreads on its Raw ECN account, starting from 0.0 pips with a $3 commission per lot, making it ideal for high-volume traders. FxOpen’s ECN account has spreads from 0.1 pips with a $3.5 commission, slightly higher. On standard accounts, FP Markets’ spreads average 1.0 pips, while FxOpen’s are around 1.2 pips. Over 100 trades, FP Markets can save Serbia traders $20–50 in spread costs, depending on trading volume.

Serbia traders benefit from FP Markets’ platform variety, including MetaTrader 4, MetaTrader 5, cTrader, and IRESS, catering to both retail and advanced traders. FxOpen offers MetaTrader 4, MetaTrader 5, and TickTrader, but lacks cTrader. For Serbia traders who prefer automated trading or advanced charting, FP Markets’ cTrader platform provides superior execution and analytics, while FxOpen’s TickTrader is a solid alternative but less popular.

FP Markets provides ultra-fast execution with an average speed of 40ms, thanks to its Equinix NY4 data center and ECN technology. FxOpen’s execution averages 50ms, slightly slower. For Serbia traders, especially those using scalping or high-frequency strategies, FP Markets’ lower latency and fewer requotes give it a clear edge.

Neither FP Markets nor FxOpen is regulated by the local financial regulator in Serbia, but both hold licenses from reputable authorities like ASIC (Australia), FCA (UK), and CySEC. FP Markets is also regulated by the FSCA (South Africa) and has a longer track record since 2005. For Serbia traders, this means a high level of client fund security and negative balance protection, although local regulatory oversight is absent. Both brokers use segregated accounts to protect client funds.

Serbia traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both brokers. FP Markets processes Skrill and Neteller deposits instantly with no fees, while bank transfers take 1-3 business days. USDT TRC20 deposits are also instant and fee-free. FxOpen offers similar terms, with e-wallet deposits processed within minutes and bank transfers taking 1-2 days. Withdrawals at FP Markets are typically processed within 24 hours for e-wallets and 1-3 days for bank transfers, while FxOpen takes 1-2 days for e-wallets and 2-5 days for bank transfers. Both brokers do not charge deposit fees, but bank transfers may incur intermediary charges.

Both FP Markets and FxOpen offer Islamic (swap-free) accounts for Serbia Muslim traders who require Sharia-compliant trading. FP Markets provides Islamic accounts on all account types, including Raw ECN and Standard, with no swap charges on overnight positions. FxOpen offers Islamic accounts on Standard and ECN accounts, but not on its Crypto or STP accounts. FP Markets’ policy is more inclusive, making it a better choice for Serbia’s Muslim traders seeking flexibility.

FP Markets offers 24/5 customer support via live chat, email, and phone, with multilingual agents available. FxOpen provides similar 24/5 support but has fewer language options. For Serbia traders, FP Markets’ support team is more responsive, with average response times under 1 minute for live chat, compared to FxOpen’s 2-3 minutes.