Joseph Oloo
Written by
Alia Mehmood
Fact-checked by
Updated October 2026Country Serbia
Data verified
Complete Head-to-Head Comparison · 2026

Exness Vs XM Group For Serbia Traders (2026)

Which broker is better for Serbia traders in 2026? Expert analysis across 12 categories.

Exness logo
Exness
FCA · CySEC · ASIC · Founded 2008
Open Account
VS
XM Group logo
XM Group
CySEC · ASIC · IFSC · Founded 2009
Open Account
Winner: XM Group
Categories: 12 compared
For: Serbia traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — Serbia Traders

Best Overall
XM Group
Higher overall score & more features
Best Spreads
XM Group
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Serbia Muslims
Best for Beginners
XM Group
Better education & support
$10 vs $5
Min deposit
1:2 vs 1:1000
Max leverage
FCA vs CySEC
Top regulator
3.5 vs 4.3
Our scores
Table of Contents

Head-to-head comparison

Serbia traders looking for a reliable forex broker often compare Exness and XM Group as top choices. Both brokers are well-known globally and accept Serbia clients with support for local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. Exness holds a strong reputation for ultra-low spreads and high leverage up to 1:2000, appealing to active retail traders in Serbia. XM Group, on the other hand, stands out with its extensive educational resources and a user-friendly platform suitable for beginners. The local financial regulator does not directly license these brokers, but both operate under respected international licenses, offering a safe trading environment. In this comparison, we examine spreads, platforms, regulation, deposit options, and Islamic accounts to help Serbia traders decide which broker fits their needs in 2026.

🏆

Overall Scores Comparison

Exness logo
Exness
FCA · CySEC · ASIC
3.5
CompareBroker score
VS
XM Group logo
XM Group
CySEC · ASIC · IFSC
4.3
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.6
4.4
WIN
Platforms
MT4, MT5, cTrader, TV
3.2
4.0
WIN
Regulation
Safety, oversight
3.8
4.6
WIN
Deposits
Local payments
3.6
4.4
WIN
Customer Support
24/5, chat, phone
3.7
4.1
WIN
Education
Webinars, guides
3.2
4.4
WIN
Execution
Speed, slippage
3.6
4.4
WIN
Mobile App
iOS, Android
3.5
4.3
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentExnessXM GroupWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotXM Group
XAU/USD (Gold)$0.14 typical$0.12 typicalXM Group
GBP/USD avg spread0.29 pips0.23 pipsXM Group
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsXM Group
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$10$5Exness

When comparing trading costs for Serbia traders, Exness offers lower spreads overall, especially on its Raw Spread account with spreads from 0.1 pips and a commission of $3.5 per lot. XM Group's Zero account starts from 0.6 pips with a $5 commission per lot. For higher volume traders in Serbia, Exness provides more cost-effective conditions, reducing total trading costs by up to 30% on major pairs. Both brokers have no hidden fees, but Exness has a slight edge in tightness of spreads during volatile market periods.

📂

Account Types Comparison

Account TypeExnessXM Group
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✓✓
Demo account✓✓
PAMM / MAM account✗✓
Zero spread account✓✓
Copy trading✗✗
Min deposit$10$5
⚖️

Leverage Comparison - Serbia Traders

Entity / AssetExnessXM Group
Serbia (offshore)Up to 1:2Up to 1:1000
Forex major pairs1:21:1000
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 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.
📈

Trading Instruments - Assets Available

Asset ClassExnessXM GroupWinner
Forex pairs90+65+Exness
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesExness
Crypto CFDs30+20+Exness
Stocks / Share CFDs✗✗XM Group
ETFs✗✗Tie
🖥️

Platforms Comparison

PlatformExnessXM Group
MetaTrader 4 (MT4)✓✓
MetaTrader 5 (MT5)✓✓
cTrader✗✗
TradingView✗✗
Expert Advisors (EAs)✓✓
Scalping allowed✓✓
Hedging allowed✓✓

Both Exness and XM Group offer MetaTrader 4 and MetaTrader 5, which are popular among Serbia traders for their advanced charting and automated trading capabilities. Exness also provides its own web terminal and mobile app with one-click trading. XM Group adds XM WebTrader for browser-based access. Serbia traders requiring fast execution and custom indicators will find both platforms equally capable, but Exness has a slight advantage in execution speed due to its infrastructure.

⚡

Execution Quality - Speed & Slippage

FactorExnessXM GroupWinner
Execution modelECN/STPTrue ECNXM Group
Avg execution speed~30ms~40msExness
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowed✓✓Tie
EA / Bot trading✓✓Tie

Exness boasts an average execution speed of 0.1 seconds with no requotes, ideal for scalping Serbia traders. XM Group offers execution within 0.3 seconds with minimal slippage. Both brokers use ECN/STP models, but Exness's infrastructure in data centers near major liquidity providers gives it a performance edge for high-frequency trading in Serbia.

🛡️

Regulation & Safety for Serbia Traders

Safety FactorExnessXM Group
Primary regulatorFCAASIC
Top-tier regulated✓✓
Investor protection✓✓
Segregated funds✓✓
Neg. balance protection✓✓

Exness is regulated by the FCA (UK), CySEC (Cyprus), and FSA (Seychelles), while XM Group holds licenses from CySEC, ASIC (Australia), and IFSC (Belize). For Serbia traders, neither broker is overseen by the local financial regulator, but both maintain strong compliance with international standards. This means Serbia traders benefit from client fund segregation and negative balance protection offered by these regulators, though local investor compensation schemes do not apply.

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.
💳

Deposits & Withdrawals for Serbia

Payment MethodExnessXM Group
Bank Wire Transfer✓✓
Visa / Mastercard✓✓
Skrill✓✓
Neteller✓✓
USDT / Crypto✓✓
Withdrawal timecrypto takes 30–60 minutes, and bank cards or wires take 1 to 5 business daysVisa/Mastercard and e-wallets near-instant to 1-2 business days; bank wire several days

Serbia traders can fund their accounts at both Exness and XM Group using Bank Transfer, Skrill, Neteller, and USDT TRC20. Exness processes deposits instantly with no fees for Skrill, Neteller, and USDT, while bank transfers may take 1-3 business days. Withdrawals at Exness are typically processed within 24 hours, with USDT TRC20 being the fastest option. XM Group also supports these methods, but withdrawals via bank transfer may take 2-5 business days. For Serbia traders, USDT TRC20 is a convenient way to avoid banking delays and currency conversion costs.

☪️

Islamic Accounts - Swap-Free for Serbia Muslims

Islamic Account FeatureExnessXM Group
Swap-free available✓✓
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported✓✓
How to applyContact supportContact support

Both Exness and XM Group offer Islamic (swap-free) accounts for Serbia Muslim traders who wish to trade without overnight interest. Exness provides swap-free accounts on all account types with no time limit and no additional fees. XM Group also offers Islamic accounts, but after 30 days, an administrative fee may apply for certain instruments. Serbia traders preferring long-term holdings should consider Exness for its unconditional swap-free policy, while XM Group is still a good option for shorter-term trades.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureExnessXM GroupWinner
Live chat✓✓Tie
Phone support✓✓Tie
Email support✓✓Tie
24/7 support✓✗Exness
Response time (chat)<2 minutes<3 minutesExness

Exness offers 24/7 customer support in English and Serbian via live chat, email, and phone, ensuring quick assistance for Serbia traders. XM Group also provides 24/5 support with Serbian language options, but response times can be slower during weekends. For Serbia traders needing round-the-clock help, Exness has a slight advantage with its 24/7 availability.

📱

Mobile App Comparison

Mobile FeatureExnessXM GroupWinner
iOS App Store rating4.5 stars4.3 starsExness
Google Play rating4.3 stars4.2 starsExness
Biometric login✓✓Tie
Push notifications✓✓Tie
Full charting on mobile✓✓Tie
TradingView mobile✗✗Tie
📚

Education & Research Tools

ResourceExnessXM GroupWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)✗MonthlyTie
Economic calendar✓✓Tie
Market analysisDailyBasicExness
⭐

Real User Reviews - Trustpilot

T
Exness
☆☆☆☆☆
—
28,910 verified reviews
View on Trustpilot
T
XM Group
☆☆☆☆☆
—
2,978 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

Exness

Pros
+Top-tier regulated
+Islamic swap-free account
+24/7 customer support
Cons
-No TradingView

XM Group

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - Serbia Guide

Choose Exness if you...

  • Trade high volumes and need ultra-low spreads starting from 0.1 pips.
  • Prefer leverage up to 1:2000 for maximum trading power.
  • Want fast withdrawals via USDT TRC20 or e-wallets within 24 hours.
  • Need Islamic accounts with no time limit or extra fees.

Choose XM Group if you...

  • Are a beginner trader needing comprehensive educational resources.
  • Prefer a broker with a strong reputation for customer service in Serbian.
  • Want a zero-commission account with competitive spreads from 0.6 pips.
  • Value a wide range of trading instruments including CFDs on stocks and indices.
❓

FAQ - Exness vs XM Group in Serbia

Is Exness or XM Group better for Serbia?

+

Can Serbia traders use both brokers legally?

+

Which broker has lower spreads for Serbia traders?

+

How do Serbia traders deposit at Exness and XM Group?

+

Do both brokers offer Islamic accounts for Serbia?

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Final Verdict - Serbia 2026

XM Group wins overall

For Serbia traders in 2026, the choice between Exness and XM Group depends on individual trading style. Exness wins on lower spreads, faster execution, and better Islamic account terms, making it ideal for active and volume traders. XM Group is more beginner-friendly with excellent education and reliable support. Both accept local payments like Bank Transfer, Skrill, Neteller, and USDT TRC20, and operate under international regulation. Considering local needs, Exness offers a slight edge for cost-conscious traders, while XM Group is a solid all-rounder for those starting out.

Open ExnessOpen XM Group
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.
Find Your Best Broker
Compare all brokers for Serbia traders based on your trading style.
Score Summary
Exness 3.5/5
XM Group Winner4.3/5
Full Reviews
Full Exness Review →Full XM Group Review →
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.
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