Quick Verdict — Serbia Traders
Best Overall
IC Markets
Higher overall score & more features
Best Spreads
FxPro
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Serbia Muslims
Best for Beginners
IC Markets
Better education & support
1:5000 vs 1:500
Max leverage
Head-to-head comparison
Serbia traders looking for a reliable forex broker in 2026 have two strong contenders: IC Markets and FxPro. Both are well-established international brokers that accept clients from Serbia, offering access to global markets with competitive conditions. IC Markets stands out with its ultra-low spreads and high-speed execution, ideal for retail traders who want cost efficiency. FxPro, on the other hand, brings a long track record and a choice of fixed or variable spreads, appealing to those who prefer predictability. For Serbian clients, the decision often comes down to trading style—IC Markets suits scalpers and high-volume traders, while FxPro may be better for beginners or those using EA strategies. With local payment methods like Bank Transfer, Skrill, Neteller, and USDT available, both brokers are accessible to Serbia residents. This comparison will help you decide which broker aligns with your goals, covering costs, platforms, regulation, and more.
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Overall Scores Comparison
IC Markets
ASIC · CySEC · FSA
3.6
CompareBroker score
Winner
VS
FxPro
FCA · CySEC · FSCA
3.1
CompareBroker score
Trading Costs
Spreads, commissions
Platforms
MT4, MT5, cTrader, TV
Regulation
Safety, oversight
Customer Support
24/5, chat, phone
Education
Webinars, guides
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Trading Costs - Spreads & Commissions
| Instrument | IC Markets | 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 | $200 | $100 | FxPro |
When comparing trading costs for Serbia traders, IC Markets consistently offers lower spreads, particularly on its Raw Spread account with spreads from 0.0 pips and a commission of $3.50 per lot per side. This is highly beneficial for active scalpers and traders using automated strategies. FxPro’s Standard account has spreads starting from 1.2 pips on EUR/USD with no commission, which is more expensive for high-volume trading. However, FxPro’s Zero account offers spreads from 0.0 pips with a commission, making it more competitive but still slightly higher than IC Markets in most scenarios. For Serbia traders focused on cost, IC Markets is the clear winner.
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Account Types Comparison
| Account Type | IC Markets | FxPro |
|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $200 | $100 |
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Leverage Comparison - Serbia Traders
| Entity / Asset | IC Markets | FxPro |
|---|
| Serbia (offshore) | Up to 1:5000 | Up to 1:500 |
| Forex major pairs | 1:5000 | 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 |
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.
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Trading Instruments - Assets Available
| Asset Class | IC Markets | FxPro | Winner |
|---|
| Forex pairs | 90+ | 65+ | IC Markets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | IC Markets |
| Crypto CFDs | 30+ | 20+ | IC Markets |
| Stocks / Share CFDs | ✗ | 1,700+ | FxPro |
| ETFs | ✗ | ✗ | Tie |
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Execution Quality - Speed & Slippage
| Factor | IC Markets | FxPro | Winner |
|---|
| Execution model | ECN/STP | True ECN | FxPro |
| Avg execution speed | ~30ms | ~40ms | IC Markets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
IC Markets is known for its ultra-fast execution with average speeds under 40ms, using low-latency servers in data centers like Equinix LD4. This is ideal for scalpers and high-frequency traders in Serbia. FxPro also offers good execution but with average speeds of around 50-60ms, which is still competitive but not as fast as IC Markets. For Serbia traders who prioritize speed, IC Markets is the better choice.
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Regulation & Safety for Serbia Traders
| Safety Factor | IC Markets | FxPro |
|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
IC Markets Global is not
FCA-authorised — the FCA has issued a public warning about this entity, and its clients do not have FOS or FSCS protection; verify the specific entity and licence before depositing.
FxPro is regulated by the FCA,
CySEC, and
FSCA (South Africa), with a long history of compliance. Neither broker is directly licensed by the local financial regulator in Serbia, but both adhere to EU standards that provide a safety net.
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.
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Deposits & Withdrawals for Serbia
| Payment Method | IC Markets | FxPro |
|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | E-wallets instant-24hrs; Cards 3-5 business days (up to 10); Int'l bank wire up to 14 days | 1 business day |
For Serbia traders, both IC Markets and FxPro support Bank Transfer, Skrill, Neteller, and USDT deposits, making it easy to fund accounts from Serbia. IC Markets also accepts credit/debit cards, PayPal, and other e-wallets, while FxPro offers additional local bank transfer options. Deposits via e-wallets and USDT are typically instant, while bank transfers can take 1-3 business days. Withdrawals are processed within 24 hours for e-wallets and USDT, but bank transfers may take 2-5 business days. IC Markets has no deposit fees, while FxPro may charge for some withdrawals. Both brokers are reliable for Serbian clients, but IC Markets offers more deposit flexibility.
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Islamic Accounts - Swap-Free for Serbia Muslims
| Islamic Account Feature | IC Markets | 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 IC Markets and FxPro offer Islamic (swap-free) accounts for Serbia traders who follow Sharia law. These accounts are available on request for all account types, with no swap or interest charges on overnight positions. IC Markets provides Islamic accounts on its Standard and Raw Spread accounts, while FxPro offers them on its Standard and Zero accounts. Serbia Muslim traders can trade without religious conflict, though they should verify that the broker does not charge any hidden fees for holding positions overnight.
Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
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Customer Support Comparison
| Support Feature | IC Markets | FxPro | Winner |
|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | IC Markets |
IC Markets offers 24/7 multilingual customer support via live chat, email, and phone, with dedicated support for Serbian clients in English. FxPro also provides 24/5 support with live chat, email, and phone, but its Serbian language support is limited. For Serbia traders, IC Markets’ 24/7 availability is a clear advantage, especially for those trading during non-standard hours. FxPro’s support is reliable but may have longer response times outside of business hours.
| Mobile Feature | IC Markets | FxPro | Winner |
|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | IC Markets |
| Google Play rating | 4.3 stars | 4.2 stars | IC Markets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
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Education & Research Tools
| Resource | IC Markets | FxPro | Winner |
|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | IC Markets |
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Real User Reviews - Trustpilot
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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
FxPro
Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support
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Who Should Use Which Broker? - Serbia Guide
Choose IC Markets if you...
- Are a scalper or high-volume trader needing ultra-low spreads and fast execution.
- Prefer using cTrader for advanced charting and algorithmic trading.
- Want 24/7 customer support and a wide range of deposit methods including USDT.
- Are a retail trader focused on minimizing trading costs.
Choose FxPro if you...
- Are a beginner looking for a user-friendly platform and fixed spread options.
- Value a long-established broker with a strong reputation and FCA regulation.
- Need a broker that offers a proprietary platform alongside MT4/MT5.
- Prefer a broker with a simpler account structure and fewer platform choices.
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FAQ - IC Markets vs FxPro in Serbia
Is IC Markets or FxPro 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 FxPro?
+Do both brokers offer Islamic accounts for Serbia?
+Final Verdict - Serbia 2026
IC Markets wins overall
For Serbia traders in 2026, IC Markets is the superior choice for most retail traders due to its lower spreads, faster execution, and broader platform support, including cTrader. It also offers more deposit methods like USDT and Skrill, which are popular in Serbia. FxPro is a solid alternative, especially for beginners or those who prefer a regulated broker with a simpler offering. However, IC Markets’ cost efficiency and flexibility make it the top pick. Serbia traders should consider their trading style—active traders will benefit most from IC Markets, while casual traders may find FxPro’s fixed spreads appealing. Overall, IC Markets wins this comparison for Serbian clients.
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.
