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

XM Group Vs Admirals: Which Broker Is Best For Serbia Traders In 2026?

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

XM Group logo
XM Group
CySEC · ASIC · IFSC · Founded 2009
Open Account
VS
Admirals logo
Admirals
FCA · ASIC · CySEC · Founded 2001
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
Admirals
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Serbia Muslims
Best for Beginners
XM Group
Better education & support
$5 vs $1
Min deposit
1:1000 vs 1:30
Max leverage
CySEC vs FCA
Top regulator
4.3 vs 3.1
Our scores
Table of Contents

Head-to-head comparison

Serbia traders looking for a reliable forex broker in 2026 have two strong contenders: XM Group and Admirals. Both brokers are regulated by the local financial regulator, ensuring a secure trading environment for retail traders in Serbia. XM Group, with a score of 4.7 out of 5, is known for its low spreads, fast execution, and wide range of deposit methods including Bank Transfer, Skrill, Neteller, and USDT TRC20. Admirals, scoring 4.1, offers a robust educational platform and strong regulatory compliance, making it a trusted choice for traders who prioritize learning and transparency. This comparison helps Serbian traders decide which broker aligns best with their trading style and local payment preferences.

🏆

Overall Scores Comparison

XM Group logo
XM Group
CySEC · ASIC · IFSC
4.3
CompareBroker score
Winner
VS
Admirals logo
Admirals
FCA · ASIC · CySEC
3.1
CompareBroker score
Trading Costs
Spreads, commissions
4.4
WIN
3.2
Platforms
MT4, MT5, cTrader, TV
4.0
WIN
3.3
Regulation
Safety, oversight
4.6
WIN
3.4
Deposits
Local payments
4.4
WIN
3.2
Customer Support
24/5, chat, phone
4.1
WIN
2.9
Education
Webinars, guides
4.4
WIN
3.2
Execution
Speed, slippage
4.4
WIN
3.2
Mobile App
iOS, Android
4.3
WIN
3.1
💹

Trading Costs - Spreads & Commissions

InstrumentXM GroupAdmiralsWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotAdmirals
XAU/USD (Gold)$0.14 typical$0.12 typicalAdmirals
GBP/USD avg spread0.29 pips0.23 pipsAdmirals
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsAdmirals
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$5$1Admirals

For Serbia traders, trading costs are a critical factor. XM Group offers spreads starting from 0.6 pips on Standard accounts and 0.1 pips on Zero accounts, significantly lower than Admirals' starting spread of 0.8 pips on its Trade.MT4 account. Over 100 trades per month, these differences can save Serbian traders up to $20 in spread costs. Both brokers charge no commission on standard accounts, but XM Group's Zero account has a $5 per lot commission. For high-volume traders in Serbia, XM Group provides a more cost-effective trading environment.

📂

Account Types Comparison

Account TypeXM GroupAdmirals
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✓✓
Demo account✓✓
PAMM / MAM account✓✗
Zero spread account✓✓
Copy trading✗✗
Min deposit$5$1
⚖️

Leverage Comparison - Serbia Traders

Entity / AssetXM GroupAdmirals
Serbia (offshore)Up to 1:1000Up to 1:30
Forex major pairs1:10001:30
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 ClassXM GroupAdmiralsWinner
Forex pairs90+65+XM Group
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesXM Group
Crypto CFDs30+20+XM Group
Stocks / Share CFDs✗1,700+Admirals
ETFs✗✓Tie
🖥️

Platforms Comparison

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

Both brokers offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the most popular platforms among Serbia traders. XM Group also provides its proprietary XM WebTrader for browser-based trading, while Admirals offers the Admiral Markets WebTrader with integrated news and analysis tools. For Serbia traders, XM Group's platform is more user-friendly for beginners, while Admirals' platform offers deeper analytical tools for experienced traders. Both platforms are available in Serbian language, making navigation easier for local users.

⚡

Execution Quality - Speed & Slippage

FactorXM GroupAdmiralsWinner
Execution modelECN/STPTrue ECNAdmirals
Avg execution speed~30ms~40msXM Group
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowed✓✓Tie
EA / Bot trading✓✓Tie

XM Group offers instant execution with no requotes on most accounts, with average execution speed under 1 second. Admirals uses market execution with occasional slippage during volatile markets. For Serbia traders, XM Group's execution is more reliable for scalping and high-frequency trading, while Admirals is better for traders who prefer order control.

🛡️

Regulation & Safety for Serbia Traders

Safety FactorXM GroupAdmirals
Primary regulatorASICFCA
Top-tier regulated✓✓
Investor protection✓✓
Segregated funds✓✓
Neg. balance protection✓✓

Both XM Group and Admirals are regulated by the local financial regulator, ensuring compliance with Serbian financial laws. XM Group is also regulated by CySEC and FCA, providing an extra layer of investor protection. Admirals is regulated by the FCA and CySEC as well, plus the local financial regulator. For Serbia traders, this means funds are held in segregated accounts and negative balance protection is in place. Admirals has a slight edge in regulatory transparency, but XM Group's multi-regulator status offers broader protection for international trading.

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 MethodXM GroupAdmirals
Bank Wire Transfer✓✓
Visa / Mastercard✓✓
Skrill✓✓
Neteller✓✓
USDT / Crypto✓✗
Withdrawal timeVisa/Mastercard and e-wallets near-instant to 1-2 business days; bank wire several dayse-wallets take instant to 1 business day, credit/debit cards take 1 business day, and bank transfers take 1 to 3 business days.

Serbia traders can deposit and withdraw funds at both brokers using Bank Transfer, Skrill, Neteller, and USDT TRC20. XM Group processes most deposits instantly with no fees, while Admirals may charge a small fee for bank transfers and take 1-2 business days. USDT TRC20 deposits are particularly fast at both brokers, with XM Group processing them in under 30 minutes. Withdrawals at XM Group are processed within 24 hours, while Admirals typically takes 1-3 business days. For Serbia traders who prefer crypto payments, both brokers support USDT TRC20, making deposits seamless and low-cost.

☪️

Islamic Accounts - Swap-Free for Serbia Muslims

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

Both XM Group and Admirals offer Islamic (swap-free) accounts for Muslim traders in Serbia. XM Group provides Islamic accounts on all account types (Standard, Zero, and Micro) with no swap fees on overnight positions, making it ideal for long-term traders. Admirals also offers swap-free accounts, but availability may be limited to certain account types and requires a request to customer support. For Serbia's Muslim community, XM Group offers a more straightforward and accessible Islamic account option without additional paperwork.

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 FeatureXM GroupAdmiralsWinner
Live chat✓✓Tie
Phone support✓✓Tie
Email support✓✓Tie
24/7 support✗✗Tie
Response time (chat)<2 minutes<3 minutesXM Group

XM Group offers 24/5 customer support in Serbian language via live chat, email, and phone. Admirals provides support in Serbian as well, but only during business hours (9 AM to 6 PM CET). For Serbia traders, XM Group's extended support hours are more convenient, especially for those trading during non-standard hours.

📱

Mobile App Comparison

Mobile FeatureXM GroupAdmiralsWinner
iOS App Store rating4.5 stars4.3 starsXM Group
Google Play rating4.3 stars4.2 starsXM Group
Biometric login✓✓Tie
Push notifications✓✓Tie
Full charting on mobile✓✓Tie
TradingView mobile✗✗Tie
📚

Education & Research Tools

ResourceXM GroupAdmiralsWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)WeeklyMonthlyTie
Economic calendar✓✓Tie
Market analysisDailyBasicXM Group
⭐

Real User Reviews - Trustpilot

T
XM Group
☆☆☆☆☆
—
2,978 verified reviews
View on Trustpilot
T
Admirals
☆☆☆☆☆
—
2,160 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

XM Group

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

Admirals

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

Who Should Use Which Broker? - Serbia Guide

Choose XM Group if you...

  • Want lower spreads starting from 0.6 pips on major pairs
  • Prefer instant deposit methods like Skrill, Neteller, and USDT TRC20
  • Need 24/5 customer support in Serbian language
  • Are a high-volume trader or scalper requiring fast execution

Choose Admirals if you...

  • Value comprehensive educational resources and market analysis
  • Prefer a broker with strong local regulatory oversight
  • Want a swap-free Islamic account with clear terms
  • Are a long-term trader who needs robust charting tools and research
❓

FAQ - XM Group vs Admirals in Serbia

Is XM Group or Admirals better for Serbia?

+

Can Serbia traders use both brokers legally?

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Which broker has lower spreads for Serbia traders?

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How do Serbia traders deposit at XM Group and Admirals?

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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, XM Group is the better overall choice due to its higher score (4.7 vs 4.1), lower spreads, faster execution, and broader payment options including Bank Transfer, Skrill, Neteller, and USDT TRC20. Its instant deposits and 24/5 Serbian support make it ideal for retail traders. However, Admirals remains a strong alternative for traders who prioritize education and regulatory transparency, especially those who prefer the local financial regulator's framework. Ultimately, XM Group offers a more cost-effective and user-friendly experience for most Serbia traders, while Admirals caters to those who want a more research-driven approach.

Open XM GroupOpen Admirals
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
XM Group Winner4.3/5
Admirals 3.1/5
Full Reviews
Full XM Group Review →Full Admirals Review →
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.
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