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

XM Group Vs Tickmill: Which Broker Suits Serbia Traders Best 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
Tickmill logo
Tickmill
FCA · CySEC · FSCA · Founded 2014
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
Tickmill
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Serbia Muslims
Best for Beginners
XM Group
Better education & support
$5 vs $100
Min deposit
1:1000 vs 1:500
Max leverage
CySEC vs FCA
Top regulator
4.3 vs 3.3
Our scores
Table of Contents

Head-to-head comparison

Serbia traders looking for a reliable forex broker in 2026 often compare XM Group and Tickmill. XM Group, with a score of 4.7/5, is a global giant known for its extensive product range, generous bonuses, and strong educational support. Tickmill, rated 4/5, focuses on low-cost trading with razor-thin spreads and fast execution. Both brokers accept Serbia clients and comply with local financial regulator requirements. They support popular local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, making deposits and withdrawals seamless. Whether you are a beginner or a seasoned trader, this comparison highlights key differences in trading costs, platforms, regulation, and account types to help you choose the best broker for your needs in Serbia.

🏆

Overall Scores Comparison

XM Group logo
XM Group
CySEC · ASIC · IFSC
4.3
CompareBroker score
Winner
VS
Tickmill logo
Tickmill
FCA · CySEC · FSCA
3.3
CompareBroker score
Trading Costs
Spreads, commissions
4.4
WIN
3.4
Platforms
MT4, MT5, cTrader, TV
4.0
WIN
3.0
Regulation
Safety, oversight
4.6
WIN
3.6
Deposits
Local payments
4.4
WIN
3.4
Customer Support
24/5, chat, phone
4.1
WIN
3.1
Education
Webinars, guides
4.4
WIN
3.0
Execution
Speed, slippage
4.4
WIN
3.4
Mobile App
iOS, Android
4.3
WIN
3.3
💹

Trading Costs - Spreads & Commissions

InstrumentXM GroupTickmillWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotTickmill
XAU/USD (Gold)$0.14 typical$0.12 typicalTickmill
GBP/USD avg spread0.29 pips0.23 pipsTickmill
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsTickmill
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$5$100Tickmill

For Serbia traders, trading costs are a major factor. XM Group offers spreads starting from 0.6 pips on its Zero account with a $5 commission per lot, while its Standard account has spreads from 1 pip with no commission. Tickmill, on the other hand, provides spreads from 0.0 pips on its Pro account with a $3 commission per lot. For high-volume traders in Serbia, Tickmill's lower spreads and commissions reduce overall costs significantly. XM Group's Standard account is more beginner-friendly with no commission but wider spreads. Consider your trading volume and style to decide which cost structure suits you.

📂

Account Types Comparison

Account TypeXM GroupTickmill
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✓✓
Demo account✓✓
PAMM / MAM account✓✗
Zero spread account✓✓
Copy trading✗✗
Min deposit$5$100
⚖️

Leverage Comparison - Serbia Traders

Entity / AssetXM GroupTickmill
Serbia (offshore)Up to 1:1000Up to 1:500
Forex major pairs1:10001:500
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 GroupTickmillWinner
Forex pairs90+65+XM Group
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesXM Group
Crypto CFDs30+✗XM Group
Stocks / Share CFDs✗✗Tickmill
ETFs✗✗Tie
🖥️

Platforms Comparison

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

Both brokers offer MetaTrader 4 and MetaTrader 5, the industry-standard platforms favored by Serbia traders. XM Group also provides its own XM WebTrader and mobile app for convenience. Tickmill focuses solely on MT4 and MT5 but ensures full functionality and customization. For Serbia traders, both platforms support local language interfaces, advanced charting tools, and automated trading via Expert Advisors (EAs). XM Group's additional platforms may appeal to traders who prefer a more modern interface, while Tickmill's streamlined approach suits those who want fast, reliable execution without extra features.

⚡

Execution Quality - Speed & Slippage

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

Execution quality is vital for Serbia traders. Tickmill boasts ultra-fast execution speeds below 40ms on its Pro account, ideal for scalpers and high-frequency traders. XM Group offers reliable execution with no requotes on most accounts, but its average speed is slightly slower at around 100ms. Both brokers use No Dealing Desk (NDD) execution for most accounts. For traders prioritizing speed, Tickmill is the better choice.

🛡️

Regulation & Safety for Serbia Traders

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

Regulation is crucial for Serbia traders. XM Group is regulated by multiple authorities including FCA (UK), CySEC (Cyprus), and ASIC (Australia), ensuring high client fund protection. Tickmill is regulated by FCA, CySEC, and the Seychelles FSA. Both brokers comply with the local financial regulator's standards for international brokers operating in Serbia. XM Group offers negative balance protection and segregated accounts, while Tickmill provides similar safeguards. Serbia traders can trade with confidence knowing both brokers follow strict regulatory guidelines, though XM Group's broader regulatory oversight gives it a slight edge in trust.

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 GroupTickmill
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 daysMost withdrawals 1 business day; bank wire 1-3 days, Credit/Debit Cards: Up to 8 working days.

Depositing and withdrawing funds is straightforward for Serbia traders at both brokers. XM Group supports Bank Transfer, Skrill, Neteller, USDT TRC20, plus credit/debit cards and local payment methods like MobiMoney. Tickmill accepts Bank Transfer, Skrill, Neteller, USDT TRC20, WebMoney, and FasaPay. Minimum deposit at XM Group is $100, while Tickmill requires $100. Withdrawals are processed within 24 hours at both brokers, with no fees from the broker side. USDT TRC20 is particularly fast and cost-effective for crypto-savvy traders in Serbia. Always check for any bank intermediary charges for wire transfers.

☪️

Islamic Accounts - Swap-Free for Serbia Muslims

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

Both XM Group and Tickmill offer Islamic (swap-free) accounts for Serbia traders who require Sharia-compliant trading. These accounts eliminate overnight interest charges on positions, making them suitable for Muslim traders. XM Group provides Islamic accounts on all account types, while Tickmill offers them on Standard and Pro accounts. Conditions are similar: no swap fees, but positions held beyond a certain period may incur administrative fees. Serbia traders should confirm eligibility and terms directly with each broker, as some restrictions apply to certain instruments.

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 GroupTickmillWinner
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 multilingual customer support via live chat, email, and phone, with dedicated Serbian language support. Tickmill provides 24/5 support via live chat and email, with English as the primary language. For Serbia traders, XM Group's localized support is a clear advantage, ensuring quick assistance in your native language. Tickmill's support is responsive but may require English communication.

📱

Mobile App Comparison

Mobile FeatureXM GroupTickmillWinner
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 GroupTickmillWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)Weekly✗XM Group
Economic calendar✓✓Tie
Market analysisDailyBasicXM Group
⭐

Real User Reviews - Trustpilot

T
XM Group
☆☆☆☆☆
—
2,978 verified reviews
View on Trustpilot
T
Tickmill
☆☆☆☆☆
—
1,080 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

Tickmill

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...

  • Are a beginner looking for low minimum deposits ($5) and extensive educational resources.
  • Prefer a wide range of account types and platforms including MT4, MT5, and XM WebTrader.
  • Want local language customer support in Serbian.
  • Need access to multiple payment methods including Bank Transfer, Skrill, Neteller, and USDT TRC20.

Choose Tickmill if you...

  • Are an active trader seeking the lowest spreads (from 0.0 pips) and commissions.
  • Require ultra-fast execution for scalping or high-frequency trading.
  • Are comfortable with English-only support and a streamlined platform offering.
  • Prefer a broker with strong regulatory oversight and a focus on cost efficiency.
❓

FAQ - XM Group vs Tickmill in Serbia

Is XM Group or Tickmill better for Serbia?

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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 Tickmill?

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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, both XM Group and Tickmill are excellent choices, but they cater to different needs. XM Group (4.3/5) wins on account flexibility, lower minimum deposits, local language support, and a broader range of payment methods including Bank Transfer, Skrill, Neteller, and USDT TRC20. It is ideal for beginners and those who value comprehensive education and support. Tickmill (4/5) is the cost leader with lower spreads and faster execution, perfect for experienced scalpers and cost-conscious traders. Both brokers comply with local financial regulator standards, ensuring safety. Your final decision should balance your trading style, volume, and preference for support versus cost. Consider opening demo accounts with both to test their platforms before committing.

Open XM GroupOpen Tickmill
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.
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Compare all brokers for Serbia traders based on your trading style.
Score Summary
XM Group Winner4.3/5
Tickmill 3.3/5
Full Reviews
Full XM Group Review →Full Tickmill Review →
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