Finding the best brokers in Serbia may seem like a daunting task, particularly if you’re just getting started (I was in your shoes some years ago!).
In this post, we will provide you with a detailed look at what we consider to be the best online brokers in Serbia. Whether you’re new to trading and looking for a user-friendly platform, or you’re interested in various investment alternatives (ETFs, cryptocurrencies, CFDs,…), there is a solution for you!
One point that applies to all of them: none of these brokers is licensed by the Serbian Securities Commission. They serve Serbian residents from abroad, and the entity that ends up holding your account depends on your country of residence. We flag which one applies in each review below, because that is what determines the protection you get.
Best brokers in Serbia – Top 3 list
- Interactive Brokers: Best broker overall
- XTB: Best broker for Low Forex spreads
- Trading 212: Best broker for beginners and auto-invest
69-80% of retail CFD accounts lose money.
Capital at Risk. Sponsored Link. To get free fractional shares worth up to 100 EUR/GBP, you can open an account with Trading 212 through this link. Terms apply.
Best brokers in Serbia – Comparison table
Which entity will hold your account if you live in Serbia:
| Broker | Entity for Serbian residents | Regulator |
| Interactive Brokers | Interactive Brokers Ireland Limited | Central Bank of Ireland |
| XTB | XTB International Limited | Financial Services Commission, Belize |
| Trading 212 | Trading 212 UK Ltd | Financial Conduct Authority, UK (FRN 609146) |
Source: each broker’s own help centre pages on supported countries and group entities (September 2026).
For a list of brokers we do not recommend, you can visit our full list of broker reviews, and filter by “Not recommended”.
Broker reviews
#1 Interactive Brokers: Best online broker in Serbia overall
Interactive Brokers leads the list as the best online broker in Serbia.
Founded in 1978, Interactive Brokers is one of the largest international brokers listed on the NASDAQ exchange (Ticker: IBKR). It is regulated by many international top-tier regulators, including the FCA, with no minimum deposit requirement. If you live in Serbia, your account is opened with Interactive Brokers Ireland Limited, authorised by the Central Bank of Ireland.
It caters to both beginners and professional investors looking for any type of financial products (bonds, ETFs, shares, you name it!), an easy-to-use platform, advanced technical and fundamental trading tools, and a great educational component.
Interactive Brokers supports various account base currencies, including GBP, USD, EUR, and other major currencies. However, funding these accounts is limited to bank transfers. They offer one of the tightest spreads in the market, ensuring favourable trading conditions, but their commission is tier-based, meaning it varies depending on your monthly trading volume.
For investors who prefer to trade on the go, Interactive Brokers offers the IBKR Mobile app providing convenience and advanced functionality.
IBKR GlobalTrader is another mobile trading app offered by Interactive Brokers that allows traders to engage in simple and worldwide trading. The app offers the flexibility to trade in fractions and invest with as little as $1, making trading accessible to traders of all levels. It was redesigned at the end of 2025, with a new Explore section, AI-generated news summaries and access to forecast contracts. You can also open a simulated trading account to practice trading before opening a live account and gain access to $10,000 in simulated cash to trade in a simulated trading environment.
On the downside, you might be overwhelmed by the number of buttons and features available on each platform, especially if you are new to investing. However, Interactive Brokers offers a lot of educational materials and video tutorials to assist you in navigating and utilizing their platforms effectively. These resources can be beneficial regardless of the specific platform you are trading or using.
Want to know more? Check out our comprehensive Interactive Brokers review and visit IBKR’s website.
Pros
- Low commissions on US stock trading
- No monthly inactivity fee
- The broadest product and markets range in the brokerage industry
- Demo account
- Excellent reputation (founded in 1978)
- Extensive research and Education tools
- Has a modern mobile trading app to trade Stocks, Options and ETFs, ideal for novice investors, IBKR GlobalTrader.
- Offers interest on uninvested cash balances
Cons
- Complicated and lengthy account opening process (but fully online)
- Steeper learning curve for beginners
- Website is difficult to navigate
- Interactive Advisors (Robo-advisor feature) is only available for US customers
#2 XTB: Best broker for Low Forex spreads
69-80% of retail CFD accounts lose money.
Founded in 2002, XTB is a major player in the brokerage industry with extensive worldwide experience, regulated by the Financial Conduct Authority (FCA) – plus other relevant regulatory bodies – and listed on the Warsaw Stock Exchange.
There is an important detail for readers in Serbia. According to XTB’s own help centre, residents outside the EU and the UK are onboarded by XTB International Limited, registered in Belize and supervised by the local Financial Services Commission. The KNF, FCA and CySEC licences belong to other group entities and do not cover that account, so you do not get the EU investor compensation scheme.
The platform offers 0% commissions on stocks and ETFs up to €100,000 of monthly turnover. Above that, the commission is 0.2% with a minimum of €10 per order, which almost no retail investor reaches. However, its software is more oriented to CFDs and forex trading with competitive costs.
Opening an account and transferring money is a quick and hassle-free process. For beginners, it presents a demo account where you can trade as if it were real money to help you feel the investment platform firsthand, and you get access to educational tools. For intermediate and advanced investors, you will find plenty of technical and fundamental tools to help you better assess your investment decisions.
XTB also offers other financial products, such as commodities and cryptocurrencies. XTB charges high commissions on CFDs of cryptocurrencies but low costs for Forex. The cost that catches most investors is the currency conversion: 0.5% every time your account currency differs from the currency of the instrument you buy, which you can avoid by trading the EUR-listed line of an ETF from a euro account. Besides, you will face an inactivity fee of €10/month after one year of non-trading and if you have not made any deposit in the last 90 days.
Still any doubts? Go through our XTB Review!
Pros
- Free stocks trading (only applicable to some countries)
- Customizable trading platform (charts and workspace)
- Low Forex Spreads
- Demo account
- No minimum account deposit
- Valuable education materials
- Top-tier Regulators
Cons
- Complex trading platform for a beginner
- High Stock CFD spreads
- Limited product portfolio
- Withdrawal fees for transfers below $100
- Inactivity fee (€10/monthly after 1+ year with no activity plus no deposit in the last 90 days)
#3 Trading 212: Best broker for beginners and auto invest
Capital at Risk. Sponsored Link. To get free fractional shares worth up to 100 EUR/GBP, you can open an account with Trading 212 through this link. Terms apply.
Founded in 2006, Trading 212 is a fintech based in London that aims to democratize the entire investment process through a simple mobile application. The company aims to do this by allowing anyone to invest in over 10,000 stocks and ETFs, Forex and CFDs. It offers a free fractional share worth up to €100.
If you live in Serbia, your account is opened with Trading 212 UK Ltd, authorised and regulated by the Financial Conduct Authority (firm reference number 609146). The group also runs entities in Cyprus, Germany and Australia, but those serve other countries, and that is the reason the real cryptocurrency service launched in 2026 under MiCA is not part of the offer here.
In Trading 212, you will find commission-free stocks and ETFs, fractional shares, and even an automatic investment system. Other fees may apply, see terms and fees. Opening an account is extremely quick and easy. On the downside, it shows limitations regarding available products, such as the lack of bonds and options. It charges a 0.15% currency conversion fee when buying assets in a currency different from your base account.
Within the app, you will notice two distinct sub-platforms:
- Trading 212 Invest, where you can trade real stocks and ETFs with no commission (other fees may apply);
- Trading 212 CFD, where you may trade leveraged financial products (CFDs).
Pies & AutoInvest is an execution-only service. Not investment advice or portfolio management. Automatic investing refers to executing scheduled deposits. You are responsible for all investment and rebalancing decisions.
If you want to learn more, check our Trading 212 Review.
Pros
- Commission-free real stock, ETFs and crypto trading (other fees may apply. See terms and fees)
- AutoInvest & Pies feature (execution-only service, not financial advice)
- Fast and easy account opening process
- Demo account
- Top Tier Regulators
- Free fractional shares worth up to €100
- High interest on uninvested cash
Cons
- Limited product portfolio (no Options, Bonds, Mutual Funds or Futures)
- No relevant Fundamental tools
- 0.15% of Foreign exchange fees
Disclaimer: When investing, your capital is at risk and you may get back less than invested. Past performance doesn’t guarantee future results.
Sponsored Link. To get free fractional shares worth up to 100 EUR/GBP/USD, you can open an account with Trading 212 through this link. Terms apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider.
How to choose the best broker in Serbia?
Choosing the best broker in Serbia is important for a good trading experience. Here are simple steps to help you make the right choice:
- Check Regulation: Look for brokers regulated by trusted authorities like FCA or CySEC to ensure they follow rules and protect your money.
- Check which entity gets your account: A group can hold a dozen licences and still book your account with an offshore one. The application screen tells you the legal entity and the regulator, and that is the one that matters if something goes wrong.
- Fees and Commissions: Compare fees and commissions. Lower costs mean more money stays in your pocket. Look beyond the headline commission: currency conversion is usually the biggest cost for an investor in Serbia buying US or EU assets.
- Trading Platforms: Check if the broker offers user-friendly platforms that suit your needs. A good platform is crucial for smooth trading.
- Financial Instruments: Make sure the broker provides a variety of financial instruments, so you can trade what you’re interested in. Check also whether you are buying the real asset or a CFD on it.
- Customer Support: Test customer support. A responsive and helpful team is important if you have questions or issues.
- Reputation: Research reviews and ratings from other users to get an idea of the broker’s reputation. A good reputation indicates trustworthiness.
By considering these factors, you can pick the best broker in Serbia for your trading goals.
Other resources
- Check our Youtube channel! You will find step-by-step guides of how to invest in the S&P 500 on different apps, as well as other educational videos about investing and investment platforms.
- Explore our tools: Check our comparison tool, reviews, broker bonuses, broker interest rates, BrokerMatch, and others.
Bottom line
In conclusion, choosing the best online broker in Serbia depends on individual preferences and trading goals. Our top picks include:
Interactive Brokers
Best overall: widest product range and low fees.XTB
Ideal for commission-free stock and ETF trading, and low forex spreads.Trading 212
Known for auto-investing and the Pies feature.
Consider factors like regulation, the legal entity behind your account, fees, trading platforms, available financial instruments, and customer support when making your choice. Always conduct thorough research based on your risk tolerance and investment strategy.
FAQs
Is Charles Schwab available in Serbia?
No, Charles Schwab is unavailable in Serbia. It is primarily a US broker. However, it accepts new accounts from a handful of other countries.
How to invest in stocks from Serbia?
You can use one of the online brokers shown above: Interactive brokers, XTB, and Trading 212.
Are these brokers regulated in Serbia?
No. None of them holds a licence from the Serbian Securities Commission. They accept Serbian residents through foreign entities: Interactive Brokers through its Irish company, supervised by the Central Bank of Ireland, Trading 212 through its UK company, supervised by the FCA, and XTB through its Belize company. Check which one appears in your account documents, because your protection depends on it.
What is a brokerage company?
It is an entity designed to be the middleman between you and the people you are trying to buy or sell a stock, ETF, crypto,… you name it!
Which broker is best in Serbia?
There is no single answer. It depends on what you value most: fees, security, investment platform or any relevant feature.
What are the types of investments you can make with a brokerage account?
You can trade stocks, ETFs, Forex, Bonds, Futures and CFDs on stocks, ETFs, indices, cryptocurrencies, commodities.
Can I invest in US stocks from Serbia?
Yes, you can invest in US stocks from Serbia. To do so, you’ll need to open an international brokerage account that allows trading on US stock exchanges.
