Which broker is better for Serbia traders in 2026? Expert analysis across 12 categories.
Serbia traders looking for a reliable forex broker often compare XM Group and FxPro. Both are well-known internationally, but they cater to different needs. XM Group, rated 4.7/5, is a top choice for retail traders due to its low spreads, zero-commission accounts, and flexible deposit methods including Bank Transfer, Skrill, Neteller, and USDT TRC20. FxPro, rated 4.1/5, is a multi-asset broker with strong platforms like cTrader and MT5, but its deposit options are more limited. For Serbia traders, local payment methods and regulatory clarity are key. While neither broker is regulated by the local financial regulator, both hold licenses from CySEC and FCA, providing a level of safety. This comparison will help you decide which broker fits your trading style, budget, and local needs in 2026.
| Instrument | XM Group | FxPro | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FxPro |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FxPro |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FxPro |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FxPro |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $5 | $100 | FxPro |
For Serbia traders, trading costs are a major factor. XM Group offers tighter spreads starting at 0.6 pips on EUR/USD with zero commission on standard accounts. This is particularly beneficial for retail traders who trade frequently. FxPro's spreads start from 0.8 pips on cTrader and 1.2 pips on MT4, with no commission on standard accounts. Over 100 trades per month, XM Group can save you $20–$50 in spread costs. If you trade larger volumes, the difference becomes even more significant. XM Group also offers a 50% deposit bonus for Serbia clients, further reducing effective costs.
| Account Type | XM Group | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $5 | $100 |
| Entity / Asset | XM Group | FxPro |
|---|---|---|
| Serbia (offshore) | Up to 1:1000 | Up to 1:500 |
| Forex major pairs | 1:1000 | 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 | XM Group | FxPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | XM Group |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | XM Group |
| Crypto CFDs | 30+ | 20+ | XM Group |
| Stocks / Share CFDs | ✗ | 1,700+ | FxPro |
| ETFs | ✗ | ✗ | Tie |
| Platform | XM Group | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer popular platforms, but the choice depends on your preference. XM Group provides MT4 and MT5, which are ideal for Serbia traders who want automated trading or use Expert Advisors (EAs). FxPro adds cTrader, known for its advanced charting and fast execution, which appeals to scalpers. For Serbia traders, MT4 is the most widely used, so XM Group's focus on it is a plus. FxPro also offers a web trader, but mobile apps from both are reliable. If you need EAs, go with XM Group; if you want cTrader's features, FxPro is the only option.
| Factor | XM Group | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| Avg execution speed | ~30ms | ~40ms | XM Group |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Execution quality is excellent at both brokers. XM Group uses No Dealing Desk (NDD) execution with an average execution speed of 0.3 seconds. FxPro offers NDD and STP execution with speeds around 0.4 seconds. For Serbia traders, slippage is minimal during normal market conditions. XM Group has a slight edge in speed, which benefits scalpers and high-frequency traders. Both brokers guarantee no requotes, ensuring reliable trade execution.
| Safety Factor | XM Group | FxPro |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is crucial for Serbia traders to ensure fund safety. XM Group is regulated by CySEC (Cyprus), FCA (UK), and ASIC (Australia). FxPro holds licenses from CySEC, FCA, and the FSCA (South Africa). Neither broker is regulated by the local financial regulator in Serbia. However, both provide negative balance protection and segregated client accounts. For Serbia traders, this means your funds are held separately from the broker's operational funds, reducing risk. While local regulation is absent, the international licenses offer adequate protection for retail traders. Always verify the broker's license before depositing.
| Payment Method | XM Group | FxPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | Visa/Mastercard and e-wallets near-instant to 1-2 business days; bank wire several days | 1 business day |
Depositing and withdrawing funds is straightforward for Serbia traders at both brokers. XM Group supports Bank Transfer, Skrill, Neteller, and USDT TRC20, making it highly accessible. USDT TRC20 is especially popular in Serbia for its speed and low fees. FxPro accepts Bank Transfer, Skrill, and Neteller but does not support USDT TRC20. Withdrawals at XM Group are processed within 24 hours with no fees for most methods. FxPro also processes withdrawals quickly but may charge a fee for bank transfers. For Serbia traders who want to use USDT TRC20, XM Group is the clear winner. Minimum deposits are $5 at XM Group and $100 at FxPro, making XM Group more beginner-friendly.
| Islamic Account Feature | XM Group | FxPro |
|---|---|---|
| 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 Islamic (swap-free) accounts for Muslim traders in Serbia. XM Group provides swap-free accounts on all account types (Micro, Standard, and Ultra Low) with no additional fees or time limits. FxPro offers Islamic accounts on Standard and MT5 accounts but charges a small administrative fee after 30 days. For Serbia traders who hold positions overnight for longer periods, XM Group's policy is more cost-effective. Both brokers require a declaration of faith for Islamic account eligibility. Overall, XM Group is the better choice for long-term swap-free trading.
| Support Feature | XM Group | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | XM Group |
Customer support is available in Serbian language at both brokers. XM Group offers 24/5 live chat, email, and phone support, with a dedicated Serbian-speaking team. FxPro provides 24/5 support via live chat and phone, but Serbian language support is limited to email. XM Group's support is faster and more responsive, which is important for Serbia traders who need immediate assistance. Both brokers have extensive FAQ sections in Serbian.
| Mobile Feature | XM Group | FxPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | XM Group |
| Google Play rating | 4.3 stars | 4.2 stars | XM Group |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | XM Group | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | XM Group |
Choose XM Group if you...
Choose FxPro if you...
For Serbia traders in 2026, XM Group is the overall winner due to its higher rating (4.7/5), lower spreads, and better local payment support including Bank Transfer, Skrill, Neteller, and USDT TRC20. It also offers a lower minimum deposit, making it more accessible. FxPro (4.1/5) is a solid alternative if you prefer cTrader or need a broader asset range, but its higher costs and limited deposit methods make it less ideal for most retail traders. Both brokers are safe and regulated internationally, though not by the local financial regulator. For the best value and convenience, choose XM Group.