HomeCompareIC Markets vs AvaTradeSerbia
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Complete Head-to-Head Comparison · 2026

IC Markets vs AvaTrade: Which Broker is Better for Serbia Traders in 2026?

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

IC
IC Markets
ASIC · CySEC · FSA · Founded 2007
Open Account
VS
AvaTrade logo
AvaTrade
CBI · ASIC · JFSA · Founded 2006
Open Account
Winner: AvaTrade
Categories: 12 compared
For: Serbia traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — Serbia Traders

Best Overall
AvaTrade
Higher overall score & more features
Best Spreads
AvaTrade
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Serbia Muslims
Best for Beginners
AvaTrade
Better education & support
$200 vs $100
Min deposit
1:5000 vs 1:400
Max leverage
ASIC vs CBI
Top regulator
3.6 vs 4.3
Our scores
Table of Contents

Serbia traders looking for a reliable forex broker in 2026 often compare IC Markets and AvaTrade. IC Markets, with a 4.8/5 rating, is known for its ultra-low spreads and fast execution, ideal for active traders. AvaTrade, scoring 4.6/5, offers a user-friendly platform and extensive educational tools, suiting beginners. Both brokers accept Serbia clients and support local payment methods like Bank Transfer, Skrill, Neteller, and USDT. Serbia's trading community values cost-efficiency and convenience, making this comparison essential. Whether you trade from Belgrade or Novi Sad, understanding the differences in spreads, platforms, and regulation by the local financial regulator helps you choose the right broker. This guide provides a detailed analysis tailored to Serbia traders.

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Overall Scores Comparison

IC
IC Markets
ASIC · CySEC · FSA
3.6
CompareBroker score
VS
AvaTrade
AvaTrade
CBI · ASIC · JFSA
4.3
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.7
4.4
WIN
Platforms
MT4, MT5, cTrader, TV
3.8
4.5
WIN
Regulation
Safety, oversight
3.9
4.6
WIN
Deposits
Local payments
3.7
4.4
WIN
Customer Support
24/5, chat, phone
3.4
4.1
WIN
Education
Webinars, guides
3.3
4.4
WIN
Execution
Speed, slippage
3.7
4.4
WIN
Mobile App
iOS, Android
3.6
4.3
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentIC MarketsAvaTradeWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotAvaTrade
XAU/USD (Gold)$0.14 typical$0.12 typicalAvaTrade
GBP/USD avg spread0.29 pips0.23 pipsAvaTrade
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsAvaTrade
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$200$100AvaTrade

For Serbia traders, trading costs are a key factor. IC Markets offers spreads from 0.0 pips on its Raw Spread account with a $7 round-turn commission per lot, making it cheaper for high-volume traders. AvaTrade has fixed spreads averaging 1.0 pips on major pairs with no commission, which can be more expensive over many trades. For example, a Serbia trader executing 50 lots per month on EUR/USD would pay significantly less with IC Markets. Both brokers support local payments like Bank Transfer, Skrill, Neteller, and USDT, so cost savings are not offset by deposit fees.

📂

Account Types Comparison

Account TypeIC MarketsAvaTrade
Standard account
ECN / Raw spread
Islamic (swap-free)
Demo account
PAMM / MAM account
Zero spread account
Copy trading
Min deposit$200$100
⚖️

Leverage Comparison - Serbia Traders

Entity / AssetIC MarketsAvaTrade
Serbia (offshore)Up to 1:5000Up to 1:400
Forex major pairs1:50001:400
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 ClassIC MarketsAvaTradeWinner
Forex pairs90+65+IC Markets
Gold (XAU/USD)Tie
Oil (WTI/Brent)Tie
Stock indices25+ indices20+ indicesIC Markets
Crypto CFDs30+20+IC Markets
Stocks / Share CFDsAvaTrade
ETFsTie
🖥️

Platforms Comparison

PlatformIC MarketsAvaTrade
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Expert Advisors (EAs)
Scalping allowed
Hedging allowed

IC Markets provides MetaTrader 4, MetaTrader 5, and cTrader, offering advanced charting and automated trading tools popular among Serbia traders. AvaTrade offers MetaTrader 4, MetaTrader 5, and its proprietary AvaTradeGO app, which is beginner-friendly. For Serbia traders who value algorithmic trading, IC Markets' cTrader is a strong advantage. AvaTrade's web platform is easier for those new to forex. Both platforms are available in English and Serbian, ensuring a smooth experience.

Execution Quality - Speed & Slippage

FactorIC MarketsAvaTradeWinner
Execution modelECN/STPTrue ECNAvaTrade
Avg execution speed~30ms~40msIC Markets
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowedTie
EA / Bot tradingTie

IC Markets is known for its ultra-fast execution, with average speeds under 40ms and no requotes, ideal for scalpers and algorithmic traders in Serbia. AvaTrade has reliable execution but may experience requotes during high volatility due to its market maker model. Serbia traders who prioritize speed and slippage control will prefer IC Markets, while those who value fixed spreads may choose AvaTrade.

🛡️

Regulation & Safety for Serbia Traders

Safety FactorIC MarketsAvaTrade
Primary regulatorASICCBI
Top-tier regulated
Investor protection
Segregated funds
Neg. balance protection

IC Markets is regulated by ASIC, CySEC, and the FSA (Seychelles), while AvaTrade is regulated by ASIC, CySEC, FCA, and others. For Serbia traders, neither broker is directly supervised by the local financial regulator, but both comply with international standards. This means Serbia traders benefit from negative balance protection and segregated accounts. The local financial regulator does not prohibit using these brokers, but traders should verify their licensing for peace of mind. AvaTrade's EU regulation (CySEC) offers additional investor protection for Serbia clients.

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 MethodIC MarketsAvaTrade
Bank Wire Transfer
Visa / Mastercard
Skrill
Neteller
USDT / Crypto
Withdrawal timeE-wallets instant-24hrs; Cards 3-5 business days (up to 10); Int'l bank wire up to 14 daysCard/e-wallet 24-48hrs after approval; Wire Transfer up to 7-10 business days

Serbia traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT at both IC Markets and AvaTrade. IC Markets has a minimum deposit of $200, while AvaTrade requires $100. Deposits via Skrill and Neteller are instant and fee-free for most transactions. Bank transfers may take 1-3 business days and could incur intermediary bank fees. Withdrawals are processed within 24 hours at IC Markets and up to 48 hours at AvaTrade. USDT deposits are supported, offering a crypto-friendly option for Serbia traders who prefer digital assets. Always check for any local bank charges when using Bank Transfer.

☪️

Islamic Accounts - Swap-Free for Serbia Muslims

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

Both IC Markets and AvaTrade offer Islamic (swap-free) accounts for Serbia Muslim traders who require no overnight interest. IC Markets requires clients to request a swap-free account after registration, and it is available for most account types. AvaTrade provides Islamic accounts automatically upon request for eligible clients. These accounts comply with Sharia law, but may have administrative fees after a certain holding period. Serbia traders should confirm terms with each broker 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.
💬

Customer Support Comparison

Support FeatureIC MarketsAvaTradeWinner
Live chatTie
Phone supportTie
Email supportTie
24/7 supportTie
Response time (chat)<2 minutes<3 minutesIC Markets

IC Markets offers 24/7 customer support via live chat, email, and phone, with multilingual agents including Serbian. AvaTrade provides support in multiple languages, including Serbian, through live chat and phone during market hours. Both brokers have comprehensive FAQ sections. For Serbia traders, IC Markets' 24/7 availability is advantageous for round-the-clock trading needs.

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Mobile App Comparison

Mobile FeatureIC MarketsAvaTradeWinner
iOS App Store rating4.5 stars4.3 starsIC Markets
Google Play rating4.3 stars4.2 starsIC Markets
Biometric loginTie
Push notificationsTie
Full charting on mobileTie
TradingView mobileTie
📚

Education & Research Tools

ResourceIC MarketsAvaTradeWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)MonthlyTie
Economic calendarTie
Market analysisDailyBasicIC Markets

Real User Reviews - Trustpilot

T
IC Markets
★★★★★
54.4K
54,430 verified reviews
View on Trustpilot
T
AvaTrade
★★★★★
12.7K
12,700 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

IC Markets

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-$200 min deposit
-No 24/7 support

AvaTrade

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

Who Should Use Which Broker? - Serbia Guide

Choose IC Markets if you...

  • Are an active trader seeking the lowest spreads and commissions.
  • Use automated trading strategies or Expert Advisors (EAs).
  • Prefer multiple platform options like MT4, MT5, and cTrader.
  • Want 24/7 customer support and fast execution for scalping.

Choose AvaTrade if you...

  • Are a beginner looking for a user-friendly platform and educational resources.
  • Prefer fixed spreads without worrying about variable costs.
  • Want a broker with strong EU regulation (CySEC) for added protection.
  • Need a lower minimum deposit ($100) to start trading.

FAQ - IC Markets vs AvaTrade in Serbia

Is IC Markets or AvaTrade better for Serbia? +
Can Serbia traders use both brokers legally? +
Which broker has lower spreads for Serbia traders? +
How do Serbia traders deposit at IC Markets and AvaTrade? +
Do both brokers offer Islamic accounts for Serbia? +

Final Verdict - Serbia 2026

AvaTrade wins overall

For Serbia traders, the choice between IC Markets and AvaTrade depends on your trading style. IC Markets excels with low spreads, fast execution, and advanced platforms, making it ideal for active and professional traders. AvaTrade offers a simpler experience with fixed spreads and strong regulation, suiting beginners. Both accept local payments like Bank Transfer, Skrill, Neteller, and USDT, ensuring convenience. While IC Markets has a higher score (4.8/5), AvaTrade's educational support and lower minimum deposit are attractive for new traders. Consider your volume, experience, and need for local regulatory oversight from the local financial regulator when deciding. Ultimately, IC Markets is the better choice for cost-conscious Serbia traders, while AvaTrade is great for those prioritizing ease of use.

Open IC MarketsOpen AvaTrade
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 July 2026.
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Score Summary
IC Markets 3.6/5
AvaTrade Winner4.3/5
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.