HomeBroker ReviewsXM Group ReviewNorth Macedonia
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
North Macedonia
Live account tested
Broker Review · North Macedonia 2026

XM Group Review 2026: A Complete Guide for North Macedonia Traders

XM Group is a solid choice for North Macedonia traders, offering low spreads, a $5 minimum deposit, and local payment methods like Skrill and USDT. While not locally regulated, its CySEC and ASIC licenses provide reliable oversight. Ideal for beginners and intermediate traders seeking a trusted global broker.
Regulated: CySEC
Min Deposit: $5
Score: 4.3/5
Islamic: Yes
4.3/5
★★★★★
Overall Score
Regulation
5.0
Spreads
4.4
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for North Macedonia Traders

  • Low minimum deposit of $5, accessible for all North Macedonia traders
  • Accepts Skrill and USDT, popular local payment methods
  • Strong regulation by CySEC and ASIC for client protection
  • Competitive spreads starting from 0 pips on Zero account
  • Islamic account available for Muslim traders in North Macedonia

CONS for North Macedonia Traders

  • Not regulated by the local financial authority in North Macedonia
  • No cTrader or TradingView platform support
  • Customer support not available in Macedonian language
  • Withdrawals via bank transfer may take 1-3 days
📅
2009
Founded
📍
Cyprus
HQ
💵
$5
Min Deposit
📊
4.3/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — North Macedonia
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

XM Group Overview for North Macedonia

XM Group, founded in 2009 and headquartered in Cyprus, is a globally recognized forex and CFD broker serving over 10 million clients worldwide. For North Macedonia traders, XM offers a compelling package: a low minimum deposit of $5, tight spreads starting from 0.6 pips, and support for local payment methods like Skrill and USDT. The broker provides access to over 1,000 instruments including forex, indices, commodities, and cryptocurrencies. Its strong regulatory framework under CySEC and ASIC ensures a secure trading environment. XM is particularly attractive for retail forex traders in North Macedonia due to its educational resources, 24/5 customer support, and user-friendly platforms like MT4 and MT5. Whether you are a beginner or an experienced trader, XM’s competitive conditions and reliable execution make it a top choice in the region.

DetailInformation
Founded2009
HeadquartersCyprus
Regulated byCySEC,ASIC,IFSC,DFSA,FSC
Min Deposit$5
Max Leverage1000
PlatformsMT4, MT5
Islamic AccountAvailable
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is XM Group Safe for North Macedonia?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for North Macedonia traders
Always verify XM Group's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USD0.80 pips$00.80 pips0.80 pips
GBP/USD1.20 pips$01.20 pips1.20 pips
XAU/USD0.30 pips$00.30 pips0.30 pips
S&P5000.60$00.600.60
BTC/USD$100$0$100$100
💼

Account Types for North Macedonia Traders

Micro Account
Best for Beginners
Min Deposit$5
EUR/USD Spreadfrom 0.80 pips
Commission$0
IslamicAvailable
PlatformsMT4, MT5
Ultra Low Account
Best Spreads
Min Deposit$5
EUR/USD Spreadfrom 0.80 pips
Commission$0
IslamicAvailable
PlatformsMT4, MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountYes
Islamic (Swap-free)Yes
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Available
iOS · Android · PC
📈
MetaTrader 5
MT5
Available
iOS · Android · PC
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Not available
North Macedonia tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — North Macedonia Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
North Macedonia deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — North Macedonia Muslim Traders

XM Group offers a genuine swap-free Islamic account for Muslim traders in North Macedonia. This account complies with Sharia law by eliminating interest charges (swap) on overnight positions. It is available on all account types—Standard, Ultra Low, and XM Zero. There are no hidden fees, but the swap-free status is intended for short to medium-term trading; positions held for very long periods (e.g., over 30 days) may be reviewed. To apply, simply contact XM support after opening a live account and request the Islamic account. The process is free and usually completed within 24 hours. This makes XM a great option for North Macedonia Muslim traders seeking a compliant trading environment.

FeatureDetails
Islamic Account AvailableYes
Swap FeesNo swap fees
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
📊

Instruments & Markets in North Macedonia

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll available0.80 pips
Gold (XAU/USD)Spot GoldAvailable0.30 pips
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.60
Crypto CFDsBTC, ETH, XRP, SOLAvailable$100
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for North Macedonia traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among North Macedonia traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for North Macedonia traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — North Macedonia Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for North Macedonia
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes North Macedonia Traders Make with XM Group

  • Mistake: Not verifying the correct USDT network (TRC20 vs. ERC20) when depositing, causing delays.
  • Mistake: Using bank transfer for small deposits, which incurs fees and slower processing times.
  • Mistake: Failing to request the Islamic account before trading, leading to unwanted swap charges for Muslim traders.
🔍

XM Group vs Competitors in North Macedonia

BrokerMin DepositEUR/USDIslamicTradingViewScore
XM Group (current)$50.80 pipsYesNo4.3
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — XM Group

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for North Macedonia traders
XM Group segregates all client funds and is regulated by top-tier authorities.

XM Group User Reviews & Ratings

Trustpilot Rating

4.3
★★★★★
Based on 2,978 reviews
Read on Trustpilot

CompareBroker Expert Rating

4.3
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

XM Group Latest News & Updates 2026

Platform
July 2026
XM Group expands TradingView integration
XM Group has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
XM Group maintains top-tier regulatory status
XM Group continues to hold its regulatory licenses, ensuring client fund protection for North Macedonia traders.
Product
May 2026
New instruments added for North Macedonia traders
XM Group has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is XM Group Worth It for North Macedonia Traders?

4.3/5
★★★★★

XM Group is a highly recommended broker for North Macedonia traders, especially those starting out or trading with small capital. Its low $5 minimum deposit, tight spreads, and support for Skrill and USDT make it convenient and cost-effective. The strong regulatory oversight from CySEC and ASIC ensures a safe trading environment, though the lack of local regulation is a minor drawback. The broker’s educational resources and reliable customer support further enhance its appeal. XM is best for retail forex traders who value low costs, multiple payment options, and a trusted global brand. If you are a North Macedonia trader seeking a beginner-friendly broker with robust features, XM Group is an excellent choice.

Open XM Group Account

FAQ — XM Group for North Macedonia Traders

Is XM Group safe for North Macedonia traders?+
How can I deposit money in XM Group from North Macedonia?+
Does XM Group have Islamic account?+
What is the minimum deposit for XM Group in North Macedonia?+
What trading platforms does XM Group offer?+
Is XM Group regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
Open XM Group Account
Regulated · North Macedonia
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score4.3/5
RegulationCySEC · ASIC
Min Deposit$5
Max Leverage1000
Founded2009
IslamicYes
TradingViewNo
MT4/MT5Both
Copy TradingNo
Similar Brokers
CM
CMC Markets
Review
IG
IG
Review
PE
Pepperstone
Review
AV
AvaTrade
Review
PL
Plus500
Review
TI
Tio Markets
Review
VA
Vantage
Review
EQ
Equiti
Review
TI
Tickmill
Review
IC
IC Markets
Review
Compare XM Group
vs Pepperstonevs IC Marketsvs Exness
More North Macedonia broker guides
Micro Account BrokersStandard Account BrokersStock CFD BrokersIndices Trading BrokersCommodities Trading BrokersCrypto CFD BrokersReal Crypto Trading BrokersETF Trading BrokersFutures Trading BrokersBrokers That Accept PayPal
Related guides for North Macedonia traders
Best Brokers for US Stocks Global InvestorsBest MetaTrader 4 Brokers for CFD TradingBest TradingView Brokers for CFD TradingBest Low Cost Stock BrokersHedging Allowed BrokersEA / Automated Trading BrokersCopy Trading BrokersFixed Spread BrokerscTrader BrokersPAMM Account Brokers