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

Exness Vs BlackBull Markets For North Macedonia Traders (2026)

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

Exness logo
Exness
FCA · CySEC · ASIC · Founded 2008
Open Account
VS
BlackBull Markets logo
BlackBull Markets
FMA · FSA · Founded 2014
Open Account
Winner: BlackBull Markets
Categories: 12 compared
For: North Macedonia traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — North Macedonia Traders

Best Overall
BlackBull Markets
Higher overall score & more features
Best Spreads
BlackBull Markets
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for North Macedonia Muslims
Best for Beginners
BlackBull Markets
Better education & support
$10 vs $0
Min deposit
1:2 vs 1:500
Max leverage
FCA vs FMA
Top regulator
3.5 vs 4.2
Our scores
Table of Contents

Head-to-head comparison

For retail traders in North Macedonia, choosing between Exness and BlackBull Markets requires careful consideration of local trading conditions. Exness, with a score of 4.8/5, is a globally recognized broker that supports Bank Transfer, Skrill, Neteller, and USDT TRC20 – popular payment methods among Macedonian traders. BlackBull Markets, scoring 3.9/5, offers institutional-grade execution and a wide range of trading instruments. Both brokers are regulated by reputable authorities, but Exness has a stronger presence in the region. Macedonian traders often prioritize low spreads, fast execution, and reliable customer support. This comparison will help you decide which broker fits your trading style, whether you are a beginner or an experienced trader. We evaluate trading costs, platforms, regulation, deposit methods, and account types specifically for North Macedonia.

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Overall Scores Comparison

Exness logo
Exness
FCA · CySEC · ASIC
3.5
CompareBroker score
VS
BlackBull Markets logo
BlackBull Markets
FMA · FSA
4.2
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.6
4.3
WIN
Platforms
MT4, MT5, cTrader, TV
3.2
4.4
WIN
Regulation
Safety, oversight
3.8
4.5
WIN
Deposits
Local payments
3.6
4.3
WIN
Customer Support
24/5, chat, phone
3.7
4.4
WIN
Education
Webinars, guides
3.2
4.3
WIN
Execution
Speed, slippage
3.6
4.3
WIN
Mobile App
iOS, Android
3.5
4.2
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentExnessBlackBull MarketsWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotBlackBull Markets
XAU/USD (Gold)$0.14 typical$0.12 typicalBlackBull Markets
GBP/USD avg spread0.29 pips0.23 pipsBlackBull Markets
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsBlackBull Markets
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$10$0BlackBull Markets

For North Macedonia traders, trading costs directly impact profitability. Exness offers tighter spreads starting from 0.3 pips on its Standard account and 0.0 pips on the Zero account, with a commission of $3.50 per lot. BlackBull Markets standard spreads start from 0.4 pips, and its ECN account offers spreads from 0.0 pips with a commission of $6 per lot. Exness has lower overall costs for retail traders, especially those trading smaller volumes. For high-volume traders, BlackBull Markets may be more cost-effective due to its institutional infrastructure. Both brokers offer competitive pricing, but Exness is generally cheaper for Macedonian retail traders.

📂

Account Types Comparison

Account TypeExnessBlackBull Markets
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✓✓
Demo account✓✓
PAMM / MAM account✗✓
Zero spread account✓✗
Copy trading✗✓
Min deposit$10$0
⚖️

Leverage Comparison - North Macedonia Traders

Entity / AssetExnessBlackBull Markets
North Macedonia (offshore)Up to 1:2Up to 1:500
Forex major pairs1:21:500
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for North Macedonia Traders
Traders in North Macedonia typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassExnessBlackBull MarketsWinner
Forex pairs90+65+Exness
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesExness
Crypto CFDs30+20+Exness
Stocks / Share CFDs✗1,700+BlackBull Markets
ETFs✗✓Tie
🖥️

Platforms Comparison

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

Both Exness and BlackBull Markets offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are the most popular platforms among North Macedonia traders. Exness also provides its proprietary web and mobile platforms with advanced charting tools. BlackBull Markets additionally offers cTrader, a platform known for fast execution and advanced order management. For Macedonian traders who prefer automated trading, both brokers support Expert Advisors (EAs). Exness has a slight edge with its user-friendly interface and customizable features, while BlackBull Markets appeals to traders seeking professional-grade tools.

⚡

Execution Quality - Speed & Slippage

FactorExnessBlackBull MarketsWinner
Execution modelECN/STPTrue ECNBlackBull Markets
Avg execution speed~30ms~40msExness
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowed✓✓Tie
EA / Bot trading✓✓Tie

Exness provides fast execution with an average speed of 0.1 seconds and no requotes, which is ideal for retail traders in North Macedonia. BlackBull Markets offers institutional-grade execution with speeds under 100 milliseconds and deep liquidity from multiple banks. For most retail traders, Exness’s execution is more than sufficient, while BlackBull Markets is better suited for scalpers and high-frequency traders who require ultra-low latency. Both brokers have reliable execution, but BlackBull Markets has a slight edge in speed.

🛡️

Regulation & Safety for North Macedonia Traders

Safety FactorExnessBlackBull Markets
Primary regulatorFCAFMA
Top-tier regulated✓✓
Investor protection✓✗
Segregated funds✓✓
Neg. balance protection✓✓

Exness is regulated by the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Authority (FSA) in Seychelles. BlackBull Markets is regulated by the Financial Services Authority (FSA) in Seychelles and the Financial Markets Authority (FMA) in New Zealand. For North Macedonia traders, both brokers offer a similar level of client protection through segregated accounts and negative balance protection. The local financial regulator does not directly oversee these brokers, so traders rely on international oversight. Exness has a stronger regulatory track record, which adds an extra layer of security for Macedonian clients.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for North Macedonia traders may differ by entity.
💳

Deposits & Withdrawals for North Macedonia

Payment MethodExnessBlackBull Markets
Bank Wire Transfer✓✓
Visa / Mastercard✓✓
Skrill✓✓
Neteller✓✓
USDT / Crypto✓✓
Withdrawal timecrypto takes 30–60 minutes, and bank cards or wires take 1 to 5 business daysMost e-wallet/card withdrawals: within 24 hours. Bank wire: 3-5 business days

North Macedonia traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20 with both brokers, but Exness supports all four methods smoothly. Exness processes deposits instantly with no fees, while BlackBull Markets also offers quick deposits but may charge a small fee for certain methods. Withdrawals are processed within 24 hours for both brokers, but Exness has a higher withdrawal limit and supports multiple currencies, including USD. For Macedonian traders, the availability of USDT TRC20 is a major advantage with Exness, as it provides a fast and low-cost crypto option. BlackBull Markets does not currently accept USDT TRC20, limiting crypto deposit options.

☪️

Islamic Accounts - Swap-Free for North Macedonia Muslims

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

Both Exness and BlackBull Markets provide Islamic accounts for Muslim traders in North Macedonia who require swap-free trading due to religious beliefs. Exness offers Islamic accounts on all account types without any additional fees, and the swap-free status is automatically applied upon request. BlackBull Markets also offers Islamic accounts, but traders must contact support to activate them, and there may be restrictions on certain instruments. Exness has a more transparent and accessible process for North Macedonia traders, making it the preferred choice for Islamic account holders.

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 FeatureExnessBlackBull MarketsWinner
Live chat✓✓Tie
Phone support✓✓Tie
Email support✓✓Tie
24/7 support✓✓Tie
Response time (chat)<2 minutes<3 minutesExness

Exness offers 24/7 customer support in multiple languages, including English, which is widely understood in North Macedonia. Support is available via live chat, email, and phone. BlackBull Markets provides 24/5 support with live chat and email, but lacks round-the-clock availability. For Macedonian traders who trade outside market hours, Exness’s 24/7 support is a significant advantage, especially for urgent issues like account verification or withdrawal problems.

📱

Mobile App Comparison

Mobile FeatureExnessBlackBull MarketsWinner
iOS App Store rating4.5 stars4.3 starsExness
Google Play rating4.3 stars4.2 starsExness
Biometric login✓✓Tie
Push notifications✓✓Tie
Full charting on mobile✓✓Tie
TradingView mobile✗✓BlackBull Markets
📚

Education & Research Tools

ResourceExnessBlackBull MarketsWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)✗MonthlyTie
Economic calendar✓✓Tie
Market analysisDailyBasicExness
⭐

Real User Reviews - Trustpilot

T
Exness
☆☆☆☆☆
—
28,910 verified reviews
View on Trustpilot
T
BlackBull Markets
☆☆☆☆☆
—
3,330 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

Exness

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

BlackBull Markets

Pros
+Top-tier regulated
+TradingView integration
+Islamic swap-free account
+24/7 customer support
Cons
👤

Who Should Use Which Broker? - North Macedonia Guide

Choose Exness if you...

  • Want lower spreads and trading costs for retail trading
  • Prefer multiple local payment options including USDT TRC20
  • Need 24/7 customer support for after-hours trading
  • Are a beginner or intermediate trader looking for a user-friendly platform

Choose BlackBull Markets if you...

  • Are an experienced trader or scalper needing institutional execution
  • Prefer cTrader platform for advanced order management
  • Trade high volumes and need deep liquidity
  • Value regulatory oversight from FMA New Zealand
❓

FAQ - Exness vs BlackBull Markets in North Macedonia

Is Exness or BlackBull Markets better for North Macedonia?

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Can North Macedonia traders use both brokers legally?

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Which broker has lower spreads for North Macedonia traders?

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How do North Macedonia traders deposit at Exness and BlackBull Markets?

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Do both brokers offer Islamic accounts for North Macedonia?

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Final Verdict - North Macedonia 2026

BlackBull Markets wins overall

For retail traders in North Macedonia, Exness is the clear winner due to its higher trust score (4.8/5), lower spreads, and broader payment support including Bank Transfer, Skrill, Neteller, and USDT TRC20. The broker’s 24/7 customer support and easy Islamic account setup further enhance its appeal. BlackBull Markets is a solid alternative for traders who prioritize institutional execution and cTrader, but its lower overall rating and limited local payment options make it less suitable for most Macedonian traders. Given the local financial regulator’s indirect oversight, Exness’s stronger regulatory framework provides added confidence. Ultimately, Exness offers better value and convenience for North Macedonia’s retail trading community.

Open ExnessOpen BlackBull Markets
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 North Macedonia traders based on your trading style.
Score Summary
Exness 3.5/5
BlackBull Markets Winner4.2/5
Full Reviews
Full Exness Review →Full BlackBull Markets Review →
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.
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