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

FP Markets Vs Fxtm For Serbia Traders 2026

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

FP Markets logo
FP Markets
1 · Founded 2026
Open Account
VS
FXTM logo
FXTM
FCA · CySEC · FSCA · Founded 2011
Open Account
Winner: FXTM
Categories: 12 compared
For: Serbia traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — Serbia Traders

Best Overall
FXTM
Higher overall score & more features
Best Spreads
FXTM
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Serbia Muslims
Best for Beginners
FXTM
Better education & support
$100 vs $50
Min deposit
1:1 vs 1:5000
Max leverage
1 vs FCA
Top regulator
2.9 vs 3.7
Our scores
Table of Contents

Head-to-head comparison

For Serbia traders exploring forex and CFD trading, choosing the right broker is crucial. FP Markets and FXTM are two leading international brokers, each with distinct strengths. FP Markets, with a high 4.7/5 rating, is known for its tight spreads from 0.0 pips and multiple platform options including MetaTrader 4, 5, and cTrader. FXTM, rated 4.3/5, offers a user-friendly experience and strong educational content, ideal for beginners. Both brokers accept Serbia clients and support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. However, they are not regulated by the local financial regulator, so Serbia traders should consider the regulatory protections from authorities like ASIC and CySEC. This comparison will help you decide which broker aligns with your trading style and local needs.

🏆

Overall Scores Comparison

FP Markets logo
FP Markets
1
2.9
CompareBroker score
VS
FXTM logo
FXTM
FCA · CySEC · FSCA
3.7
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.0
3.8
WIN
Platforms
MT4, MT5, cTrader, TV
3.1
3.4
WIN
Regulation
Safety, oversight
3.2
4.0
WIN
Deposits
Local payments
3.0
3.8
WIN
Customer Support
24/5, chat, phone
2.7
3.5
WIN
Education
Webinars, guides
2.6
3.8
WIN
Execution
Speed, slippage
3.0
3.8
WIN
Mobile App
iOS, Android
2.9
3.7
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentFP MarketsFXTMWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotFXTM
XAU/USD (Gold)$0.14 typical$0.12 typicalFXTM
GBP/USD avg spread0.29 pips0.23 pipsFXTM
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsFXTM
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$100$50FP Markets

When comparing trading costs for Serbia traders, FP Markets has a clear advantage. Its Raw account offers spreads from 0.0 pips with a small commission, while FXTM’s Standard account has spreads from 1.0 pips with no commission. For a typical trade of 1 lot EUR/USD, FP Markets costs around $7 round turn (spread + commission) versus FXTM’s $10. For Serbia traders who trade frequently or in higher volumes, these savings add up significantly. FXTM’s spread costs are higher, making it less competitive for active traders in Serbia.

📂

Account Types Comparison

Account TypeFP MarketsFXTM
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✓✓
Demo account✓✓
PAMM / MAM account✗✓
Zero spread account✓✗
Copy trading✗✓
Min deposit$100$50
⚖️

Leverage Comparison - Serbia Traders

Entity / AssetFP MarketsFXTM
Serbia (offshore)Up to 1:1Up to 1:5000
Forex major pairs1:11:5000
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 ClassFP MarketsFXTMWinner
Forex pairs90+65+FP Markets
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesFP Markets
Crypto CFDs30+✗FP Markets
Stocks / Share CFDs1,000+✗FXTM
ETFs✓✗Tie
🖥️

Platforms Comparison

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

FP Markets provides a wider range of trading platforms, including MetaTrader 4, MetaTrader 5, and cTrader. This suits Serbia traders who want advanced charting tools, automated trading, and fast execution. FXTM offers MT4 and its proprietary WebTrader, which is beginner-friendly but less feature-rich. For Serbia traders who prioritize flexibility and advanced features, FP Markets is the better choice. FXTM’s platforms are simpler and more intuitive for new traders.

⚡

Execution Quality - Speed & Slippage

FactorFP MarketsFXTMWinner
Execution modelECN/STPTrue ECNFXTM
Avg execution speed~30ms~40msFP Markets
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowed✓✓Tie
EA / Bot trading✓✓Tie

FP Markets offers ECN execution with low latency and no requotes, ideal for scalpers and algorithmic traders in Serbia. FXTM uses market execution with occasional slippage during high volatility. For Serbia traders who prioritize speed and precision, FP Markets’ execution quality is superior. FXTM’s execution is reliable but less competitive for high-frequency trading.

🛡️

Regulation & Safety for Serbia Traders

Safety FactorFP MarketsFXTM
Primary regulatorASICFCA
Top-tier regulated✓✓
Investor protection✓✓
Segregated funds✓✓
Neg. balance protection✓✓

FP Markets is regulated by ASIC (Australia) and CySEC (Cyprus), while FXTM is regulated by CySEC, FCA (UK), and FSC (Mauritius). Neither broker is regulated by the local financial regulator in Serbia. This means Serbia traders do not have direct local regulatory oversight but benefit from the protections of these international bodies, such as negative balance protection and compensation schemes. Both brokers are reputable and have a strong track record.

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 MethodFP MarketsFXTM
Bank Wire Transfer✓✓
Visa / Mastercard✓✓
Skrill✓✓
Neteller✓✓
USDT / Crypto✓✓
Withdrawal time24 hours24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days.

Serbia traders can deposit and withdraw funds using Bank Transfer, Skrill, Neteller, and USDT TRC20 with both brokers. FP Markets also supports credit/debit cards and PayPal, while FXTM adds Visa and Mastercard. Deposits are usually free, but withdrawal fees may apply (e.g., FP Markets charges $0 for bank transfers but fees for e-wallets). USDT TRC20 is a fast and low-cost option, with deposits processed within minutes. Both brokers process withdrawals within 1-3 business days, making them convenient for Serbia traders.

☪️

Islamic Accounts - Swap-Free for Serbia Muslims

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

Both FP Markets and FXTM offer Islamic accounts (swap-free) for Serbia traders who require them due to religious beliefs. These accounts eliminate swap or interest charges on overnight positions, complying with Sharia law. Traders must request this account type during registration. FP Markets offers Islamic accounts for all account types except ECN, while FXTM provides them for Standard and Cent accounts. This is a key feature for Muslim traders in Serbia.

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 FeatureFP MarketsFXTMWinner
Live chat✓✓Tie
Phone support✓✓Tie
Email support✓✓Tie
24/7 support✗✗Tie
Response time (chat)<2 minutes<3 minutesFP Markets

Both brokers offer 24/5 customer support via live chat, email, and phone. FP Markets provides multilingual support, including English, while FXTM offers support in multiple languages, including Serbian. For Serbia traders, FXTM’s local language support may be more convenient. However, FP Markets’ support is known for fast response times and technical expertise.

📱

Mobile App Comparison

Mobile FeatureFP MarketsFXTMWinner
iOS App Store rating4.5 stars4.3 starsFP Markets
Google Play rating4.3 stars4.2 starsFP Markets
Biometric login✓✓Tie
Push notifications✓✓Tie
Full charting on mobile✓✓Tie
TradingView mobile✓✗FP Markets
📚

Education & Research Tools

ResourceFP MarketsFXTMWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)✗MonthlyTie
Economic calendar✓✓Tie
Market analysisDailyBasicFP Markets
⭐

Real User Reviews - Trustpilot

T
FP Markets
☆☆☆☆☆
—
10,100 verified reviews
View on Trustpilot
T
FXTM
☆☆☆☆☆
—
1,073 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

FP Markets

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

FXTM

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

Who Should Use Which Broker? - Serbia Guide

Choose FP Markets if you...

  • Want lower spreads from 0.0 pips to reduce trading costs
  • Prefer advanced platforms like MT5 or cTrader for automated trading
  • Trade frequently or in high volumes and need fast execution
  • Value a higher overall rating (4.7/5) and strong reputation

Choose FXTM if you...

  • Are a beginner looking for user-friendly platforms and educational resources
  • Prefer local language support (Serbian) for customer service
  • Need Islamic accounts with simple requirements
  • Want a broker with multiple regulatory licenses for added security
❓

FAQ - FP Markets vs FXTM in Serbia

Is FP Markets or FXTM better for Serbia?

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Can Serbia traders use both brokers legally?

+

Which broker has lower spreads for Serbia traders?

+

How do Serbia traders deposit at FP Markets and FXTM?

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Do both brokers offer Islamic accounts for Serbia?

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Final Verdict - Serbia 2026

FXTM wins overall

For Serbia traders, FP Markets is the overall winner with a higher rating (4.7/5), tighter spreads, and more platform choices. It is ideal for active traders who want lower costs and advanced tools. FXTM (3.7/5) is a solid alternative for beginners and those who value local language support and educational content. Both brokers support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, and are not regulated by the local financial regulator. Serbia traders should choose based on their trading experience and cost sensitivity.

Open FP MarketsOpen FXTM
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
FP Markets 2.9/5
FXTM Winner3.7/5
Full Reviews
Full FP Markets Review →Full FXTM Review →
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.
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