FxPro vs Oanda for Serbia Traders (2026)

When comparing trading costs for Serbia-based traders, Oanda typically has an edge on raw spreads for major forex pairs like EUR/USD (0.6 pips on Core accounts) while FxPro offers competitive spreads starting from 0.8 pips on its Standard account and as low as 0.0 pips on its Raw Spreads account (with a $3 per lot commission). For a retail trader executing 10 standard lots per month, the difference in spread costs can be negligible if using FxPro’s commission-based account for active trading. However, Oanda’s no-commission model is simpler for smaller volumes. Oanda also does not charge inactivity fees, whereas FxPro may after 12 months of no trading. Both brokers charge minimal conversion fees if depositing in USD, but Serbian traders converting from RSD should check their bank’s rates.

FxPro offers MetaTrader 4, MetaTrader 5, cTrader, and its own FxPro Edge platform – all available on desktop, web, and mobile. This variety suits Serbian traders who prefer advanced charting (cTrader) or automated trading (MT4/5). Oanda provides its proprietary web platform and mobile apps, plus MT4 integration through its API. While Oanda’s platform is praised for clean design and strong order management tools, Serbian traders who value algorithm trading or a wide range of platform choices will lean toward FxPro. Both brokers offer demo accounts for practice. Oanda’s platform includes advanced risk management features like guaranteed stop-loss orders (for a fee) that can appeal to cautious retail traders.

FxPro offers excellent execution with no requotes on most accounts and low latency through its Equinix NY4 data centers. Oanda is known for reliable execution with no dealing desk (STP) and guaranteed stop-loss orders (for a fee) that protect against slippage. For Serbian traders trading during European sessions, both perform well. FxPro’s Raw Spreads account uses true ECN execution, appealing to scalpers, while Oanda’s pricing from top-tier banks suits swing traders. Average execution speeds are around 30ms for FxPro and 40ms for Oanda.

FxPro is regulated by CySEC (Cyprus) and the FCA (UK), which means it follows MiFID II rules and provides negative balance protection for retail clients. Oanda is regulated by the CFTC (US), FCA (UK), and other top-tier bodies. For Serbian traders, this means both brokers offer a high level of transparency and client fund segregation. However, neither is licensed by the local financial regulator (the National Bank of Serbia or the Securities Commission). Serbian law does not prohibit trading with overseas brokers, but you must pay capital gains tax locally. FxPro provides an Investor Compensation Fund (up to €20,000) for EU clients, while Oanda clients in the UK are covered by the FSCS (up to £85,000). Check if you qualify based on your account opening entity.

For Serbian traders, FxPro offers the most convenient deposit methods: Bank Transfer (1-3 business days), Skrill (instant), Neteller (instant), and USDT TRC20 (instant, with low fees). Minimum deposit is $100 for credit card and e-wallets, and $500 for bank wire. Oanda only supports Bank Transfer and credit/debit cards (Visa, Mastercard). Oanda does not accept Skrill, Neteller, or USDT TRC20 – a significant drawback if you prefer e-wallets or crypto for speed and lower conversion costs. Withdrawals at FxPro are usually processed within 1 day for e-wallets and 1-3 days for bank wires, while Oanda’s bank wire withdrawals can take 2-5 business days. Both brokers allow withdrawals back to the original funding method, which is important for Serbian traders to avoid additional verification steps.

Both FxPro and Oanda offer swap-free (Islamic) accounts for Muslim traders in Serbia who cannot receive or pay interest (riba). FxPro provides swap-free status on request across all account types (Standard, Raw Spreads, and cTrader) without any extra fees, and the status remains active unless you change account type. Oanda also offers Islamic accounts, but you must contact support to have swap fees removed – it may take 1-2 business days to enable. Oanda reserves the right to restrict the number of days a position can be held without swap being charged (typically 10 days). FxPro is more straightforward in its policy, making it the preferred choice for Serbian traders seeking a reliable Islamic account.

FxPro offers 24/5 multilingual customer support via live chat, email, and phone, with English and Serbian languages available (though not official Serbian, the English support team is reachable during European hours). Oanda provides 24/5 support in English via phone, email, and chat, but does not have Serbian-language support. For Serbian traders, FxPro’s slightly broader support hours and quicker chat response times (average 30 seconds) give it an advantage. Both brokers have extensive FAQ sections on their websites.