Broker review
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FXTM Overview for Serbia
Founded in 2011 and headquartered in Cyprus, FXTM (ForexTime) has grown into one of the world's largest retail forex brokers, serving over 3 million clients globally. For Serbia traders, FXTM is particularly attractive due to its low minimum deposit of just $10, support for local payment methods like Bank Transfer, Skrill, and USDT, and a wide range of trading instruments including forex, gold, oil, indices, and cryptocurrencies. The broker offers both MetaTrader 4 and MetaTrader 5 platforms, which are highly popular among Serbian retail traders for their advanced charting and automated trading capabilities. FXTM also provides Islamic accounts, making it accessible to Muslim traders in Serbia. While the broker does not hold a specific license from the National Bank of Serbia, its strong regulatory framework under the FCA and CySEC provides a reasonable level of safety. With a 3.7 overall rating, FXTM is a solid choice for traders in Serbia looking for a reliable and flexible broker.
| Detail | Information |
|---|
| Founded | 2011 |
| Headquarters | Cyprus |
| Regulated by | FCA,CySEC,FSCA,FSC |
| Min Deposit | $50 |
| Max Leverage | 5000 |
| Platforms | MT4, MT5 |
| Islamic Account | Available |
| Copy Trading | Available |
| Demo Account | Available |
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Regulation & Safety — Is FXTM Safe for Serbia?
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Safety verdict for Serbia traders
Always verify FXTM's regulation at the official regulator website before depositing.
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Spreads & Trading Costs 2026
Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|
| EUR/USD | 1.50 pips | $0 | 1.50 pips | 1.50 pips |
| XAU/USD | 0.50 pips | $0 | 0.50 pips | 0.50 pips |
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Account Types for Serbia Traders
Standard Account
No Commission
Min Deposit$50
EUR/USD Spreadfrom 1.50 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$50
EUR/USD Spreadfrom 1.50 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
| Feature | Available |
|---|
| Demo Account | Yes |
| ECN/Raw Account | Yes |
| Islamic (Swap-free) | Yes |
| Scalping Allowed | Yes |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | Yes |
| Copy Trading | Yes |
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Deposits & Withdrawals — Serbia Guide
USDT TRC20
Buy on Binance P2P — transfer to broker
Skrill
Fund via local exchange — transfer
Neteller
Fund via local exchange — transfer
Bank Wire
International transfer (may be restricted locally)
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Serbia deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
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Islamic Account — Serbia Muslim Traders
FXTM offers a genuine swap-free Islamic account for Muslim traders in Serbia, in compliance with Sharia law. The account is available on the Standard and ECN account types, but not on the ECN account. On the Islamic account, no swap or interest is charged on overnight positions, and there are no hidden fees or markups on spreads. The swap-free status is applied automatically after you request it through customer support. It is important to note that the Islamic account is intended for genuine Muslim traders, and FXTM may request proof of faith. For Serbia Muslim traders, this account is a great option to trade forex without violating religious principles.
| Feature | Details |
|---|
| Islamic Account Available | Yes |
| Swap Fees | No swap fees |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
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Instruments & Markets in Serbia
| Asset Class | Examples | Available | Typical Spread |
|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | 1.50 pips |
| Gold (XAU/USD) | Spot Gold | Available | 0.50 pips |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03-$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
Most popular instruments for Serbia traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Serbia traders.
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Education & Research Tools
Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Tip for Serbia traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
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Customer Support — Serbia Review
Support verdict for Serbia
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
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Common Mistakes Serbia Traders Make with FXTM
- Mistake: Choosing the wrong entity. Serbia traders should always select the FCA-regulated entity for the best protection, not the offshore one.
- Mistake: Ignoring swap fees on standard accounts. If you hold positions overnight, consider the Islamic account to avoid interest charges.
- Mistake: Using bank transfer for small deposits. It's slow and may have bank fees; use Skrill or USDT for instant deposits under $100.
Trust, comparison and news
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FXTM vs Competitors in Serbia
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|
| FXTM (current) | $50 | 1.50 pips | Yes | No | 3.7 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
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Security & Fund Protection — FXTM
Yes
Segregated Funds
Client funds held separately from company funds
Yes
Negative Balance Protection
You cannot lose more than you deposit
Yes
Top-tier Regulation
FCA, ASIC, or equivalent oversight
Fund safety verdict for Serbia traders
FXTM segregates all client funds and is regulated by top-tier authorities.
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FXTM User Reviews & Ratings
CompareBroker Expert Rating
3.7
★★★★★
Based on 50+ data points tested by our team
Independently verified
What traders love
+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support
Common complaints
- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
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FXTM Latest News & Updates 2026
FXTM expands TradingView integration
FXTM has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
FXTM maintains top-tier regulatory status
FXTM continues to hold its regulatory licenses, ensuring client fund protection for Serbia traders.
New instruments added for Serbia traders
FXTM has added new trading instruments including additional forex pairs and commodity CFDs.
Final Verdict — Is FXTM Worth It for Serbia Traders?
3.7/5
★★★★★
FXTM is a reliable and well-regulated broker that is a good fit for most retail traders in Serbia. The low minimum deposit, support for local payment methods (Bank Transfer, Skrill, USDT), and the availability of Islamic accounts make it particularly appealing. The FCA and CySEC regulation provide a strong safety net, even without a local license. However, traders looking for the tightest spreads or advanced platforms like cTrader may want to explore other options. For beginners and intermediate traders in Serbia, FXTM is a solid choice. For high-volume scalpers, the ECN account with raw spreads is competitive. Overall, we recommend FXTM for Serbia traders who value security and flexibility over ultra-low spreads.
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FAQ — FXTM for Serbia Traders
Is FXTM safe for Serbia traders?
+How can I deposit money in FXTM from Serbia?
+Does FXTM have Islamic account?
+What is the minimum deposit for FXTM in Serbia?
+What trading platforms does FXTM offer?
+Is FXTM regulated and legit?
+Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated October 2026.
