Quick Verdict — Serbia Traders
Best Overall
Libertex
Higher overall score & more features
Best Spreads
Libertex
Lower trading costs for scalpers
Islamic Accounts
FXTM
Swap-free for Serbia Muslims
Best for Beginners
Libertex
Better education & support
1:5000 vs 1:30
Max leverage
FCA vs CySEC
Top regulator
Head-to-head comparison
For Serbia traders in 2026, choosing between FXTM and Libertex depends on your trading style and local needs. FXTM, with a strong 4.3/5 rating, excels in low spreads and diverse platforms, making it ideal for active retail traders. Libertex, scoring 3.7/5, offers a simpler interface but higher costs. Both brokers accept Serbia residents and support local payments like Bank Transfer, Skrill, Neteller, and USDT TRC20, which are popular in Serbia due to crypto adoption. The local financial regulator oversees forex activities, ensuring a basic level of protection. FXTM’s global reputation and regulatory licenses from CySEC and FCA add extra trust, while Libertex is a solid choice for beginners. This comparison focuses on spreads, platforms, and deposit methods tailored to Serbia traders, helping you decide which broker aligns with your goals.
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Overall Scores Comparison

FXTM
FCA · CySEC · FSCA
3.7
CompareBroker score
VS

Libertex
CySEC
3.8
CompareBroker score
Winner
Trading Costs
Spreads, commissions
Platforms
MT4, MT5, cTrader, TV
Regulation
Safety, oversight
Customer Support
24/5, chat, phone
Education
Webinars, guides
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Trading Costs - Spreads & Commissions
| Instrument | FXTM | Libertex | Winner |
|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Libertex |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Libertex |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Libertex |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Libertex |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $50 | $100 | Libertex |
FXTM offers lower trading costs for Serbia traders, with spreads from 0.1 pips on EUR/USD and zero commission on Standard accounts. Libertex’s spreads start at 0.5 pips, plus a 0.01% commission per trade. For a Serbia trader executing 10 lots per month, FXTM saves approximately $50 in spread costs compared to Libertex. High-volume traders benefit more from FXTM’s Raw Spread account, while Libertex’s fixed spreads suit occasional traders. Both brokers charge no deposit fees for local payment methods like Bank Transfer or USDT TRC20, but FXTM’s lower spreads give it a clear edge for cost-conscious Serbia traders.
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Account Types Comparison
| Account Type | FXTM | Libertex |
|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✓ | ✗ |
| Min deposit | $50 | $100 |
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Leverage Comparison - Serbia Traders
| Entity / Asset | FXTM | Libertex |
|---|
| Serbia (offshore) | Up to 1:5000 | Up to 1:30 |
| Forex major pairs | 1:5000 | 1:30 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
Leverage Warning for Serbia Traders
Traders in Serbia typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
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Trading Instruments - Assets Available
| Asset Class | FXTM | Libertex | Winner |
|---|
| Forex pairs | 90+ | 65+ | FXTM |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FXTM |
| Crypto CFDs | ✗ | 20+ | FXTM |
| Stocks / Share CFDs | ✗ | ✗ | Libertex |
| ETFs | ✗ | ✓ | Tie |
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Execution Quality - Speed & Slippage
| Factor | FXTM | Libertex | Winner |
|---|
| Execution model | ECN/STP | True ECN | Libertex |
| Avg execution speed | ~30ms | ~40ms | FXTM |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
FXTM uses ECN execution with average order speed under 30ms, ideal for scalping Serbia traders. Libertex offers market execution with speeds around 50ms. Both brokers have no requotes, but FXTM’s faster execution reduces slippage during volatile markets, benefiting active Serbia traders.
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Regulation & Safety for Serbia Traders
| Safety Factor | FXTM | Libertex |
|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✗ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
FXTM is regulated by CySEC (Cyprus), FCA (UK), and FSCA (South Africa), offering strong investor protection for Serbia traders. Libertex is regulated by CySEC and the Belarusian NBRB. Both comply with the local financial regulator’s requirements for Serbia residents. FXTM’s multiple licenses provide extra security, including negative balance protection and compensation schemes, while Libertex’s regulation is adequate but less extensive. Serbia traders should verify current licensing with the local financial regulator before depositing.
Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Serbia traders may differ by entity.
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Deposits & Withdrawals for Serbia
| Payment Method | FXTM | Libertex |
|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | 24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days. | 5 business days |
Both FXTM and Libertex support Bank Transfer, Skrill, Neteller, and USDT TRC20 for Serbia traders. FXTM offers instant deposits via USDT TRC20 with no fees, while Libertex charges a 1% fee for USDT deposits. Bank Transfers take 1-3 business days for both, but FXTM processes withdrawals faster (within 24 hours for e-wallets). Skrill and Neteller deposits are free on both platforms. For Serbia traders, USDT TRC20 is especially convenient due to low costs and speed. FXTM also accepts local RSD bank transfers, while Libertex supports additional e-wallets like WebMoney. Minimum deposits are $100 for FXTM and $50 for Libertex, making FXTM more accessible for retail traders in Serbia.
☪️
Islamic Accounts - Swap-Free for Serbia Muslims
| Islamic Account Feature | FXTM | Libertex |
|---|
| 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 FXTM and Libertex offer Islamic (swap-free) accounts for Serbia Muslim traders who cannot earn or pay interest. FXTM provides Islamic accounts on Standard and Cent accounts, with no swap fees on overnight positions. Libertex offers swap-free accounts upon request, but only for certain account types. FXTM’s policy is more straightforward, with automatic swap-free status for eligible traders. Serbia traders should confirm eligibility with customer support before opening an account.
Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
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Customer Support Comparison
| Support Feature | FXTM | Libertex | Winner |
|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FXTM |
FXTM offers 24/5 multilingual support via live chat, email, and phone, with Serbian language assistance available. Libertex provides 24/5 support in English and Russian, but Serbian support is limited. For Serbia traders, FXTM’s local language support is a significant advantage, ensuring quick resolution of issues.
| Mobile Feature | FXTM | Libertex | Winner |
|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FXTM |
| Google Play rating | 4.3 stars | 4.2 stars | FXTM |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
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Education & Research Tools
| Resource | FXTM | Libertex | Winner |
|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | FXTM |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FXTM |
⭐
Real User Reviews - Trustpilot
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Pros & Cons of Each Broker
FXTM
Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support
Libertex
Pros
Cons
-No TradingView
-No 24/7 support
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Who Should Use Which Broker? - Serbia Guide
Choose FXTM if you...
- Are an active retail trader seeking low spreads from 0.1 pips
- Prefer MetaTrader 4/5 for advanced charting and automated trading
- Want instant deposits via USDT TRC20 with no fees
- Need Serbian language customer support and strong regulation
Choose Libertex if you...
- Are a beginner trader looking for a simple, user-friendly platform
- Trade infrequently and accept higher spreads for simplicity
- Prefer fixed spreads and don’t need MT4/5
- Want additional e-wallet options like WebMoney
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FAQ - FXTM vs Libertex in Serbia
Is FXTM or Libertex better for Serbia?
+Can Serbia traders use both brokers legally?
+Which broker has lower spreads for Serbia traders?
+How do Serbia traders deposit at FXTM and Libertex?
+Do both brokers offer Islamic accounts for Serbia?
+Final Verdict - Serbia 2026
Libertex wins overall
For Serbia traders, FXTM is the clear winner with a 3.7/5 score versus Libertex’s 3.7/5. FXTM offers lower spreads, faster execution, better platforms (MT4/5), and Serbian language support. It also supports local payments like Bank Transfer, Skrill, Neteller, and USDT TRC20 with no deposit fees, and its regulation by CySEC and FCA adds trust. Libertex is simpler but costs more and has limited language support. For retail traders in Serbia seeking value and reliability, FXTM is the recommended broker, especially for those using USDT TRC20 for deposits. Always check the local financial regulator’s latest guidelines before starting.
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of October 2026.