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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.
| Detail | Information |
|---|
| Founded | 2009 |
| Headquarters | Cyprus |
| Regulated by | CySEC,ASIC,IFSC,DFSA,FSC |
| Min Deposit | $5 |
| Max Leverage | 1000 |
| Platforms | MT4, MT5 |
| Islamic Account | Available |
| Copy Trading | Not available |
| Demo Account | Available |
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Regulation & Safety — Is XM Group Safe for North Macedonia?
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Safety verdict for North Macedonia traders
Always verify XM Group's regulation at the official regulator website before depositing.
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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.
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|
| EUR/USD | 0.80 pips | $0 | 0.80 pips | 0.80 pips |
| GBP/USD | 1.20 pips | $0 | 1.20 pips | 1.20 pips |
| XAU/USD | 0.30 pips | $0 | 0.30 pips | 0.30 pips |
| S&P500 | 0.60 | $0 | 0.60 | 0.60 |
| BTC/USD | $100 | $0 | $100 | $100 |
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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
| Feature | Available |
|---|
| Demo Account | Yes |
| ECN/Raw Account | Yes |
| Islamic (Swap-free) | Yes |
| Scalping Allowed | Yes |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | Yes |
| Copy Trading | No |
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Deposits & Withdrawals — North Macedonia Guide
USDT TRC20
Buy on Binance P2P — transfer to broker
InstantSkrill
Fund via local exchange — transfer
InstantNeteller
Fund via local exchange — transfer
InstantBank Wire
International transfer (may be restricted locally)
1-5 daysCredit/Debit Card
Visa/Mastercard (may be blocked locally)
InstantNorth 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.
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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.
| Feature | Details |
|---|
| Islamic Account Available | Yes |
| Swap Fees | No swap fees |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually 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.
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Instruments & Markets in North Macedonia
| Asset Class | Examples | Available | Typical Spread |
|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | 0.80 pips |
| Gold (XAU/USD) | Spot Gold | Available | 0.30 pips |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.60 |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | $100 |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
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.
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Education & Research Tools
Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Tip for North Macedonia traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
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Customer Support — North Macedonia Review
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.
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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.
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XM Group vs Competitors in North Macedonia
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|
| XM Group (current) | $5 | 0.80 pips | Yes | No | 4.3 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
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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.
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XM Group User Reviews & Ratings
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
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XM Group Latest News & Updates 2026
XM Group expands TradingView integration
XM Group has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
XM Group maintains top-tier regulatory status
XM Group continues to hold its regulatory licenses, ensuring client fund protection for North Macedonia traders.
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.
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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.