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

FP Markets Vs Fxtm (2026): In-Depth Comparison For North Macedonia Traders

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

FP Markets logo
FP Markets
1 · Founded 2026
Open Account
VS
FXTM logo
FXTM
FCA · CySEC · FSCA · Founded 2011
Open Account
Winner: FXTM
Categories: 12 compared
For: North Macedonia traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — North Macedonia Traders

Best Overall
FXTM
Higher overall score & more features
Best Spreads
FXTM
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for North Macedonia Muslims
Best for Beginners
FXTM
Better education & support
$100 vs $50
Min deposit
1:1 vs 1:5000
Max leverage
1 vs FCA
Top regulator
2.9 vs 3.7
Our scores
Table of Contents

Head-to-head comparison

For retail traders in North Macedonia, choosing the right forex broker is crucial for long-term success. FP Markets and FXTM are two globally recognized brokers, each with distinct advantages. FP Markets, rated 4.7/5, is known for its ultra-competitive spreads, deep liquidity, and advanced trading platforms like MetaTrader 4, MetaTrader 5, and cTrader. FXTM, rated 4.3/5, is a well-established brand offering a user-friendly experience, extensive educational resources, and a wide range of account types. Both brokers accept North Macedonia clients and support local payment methods such as Bank Transfer, Skrill, Neteller, and USDT TRC20. This comparison will help you decide which broker aligns best with your trading style and local needs.

🏆

Overall Scores Comparison

FP Markets logo
FP Markets
1
2.9
CompareBroker score
VS
FXTM logo
FXTM
FCA · CySEC · FSCA
3.7
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.0
3.8
WIN
Platforms
MT4, MT5, cTrader, TV
3.1
3.4
WIN
Regulation
Safety, oversight
3.2
4.0
WIN
Deposits
Local payments
3.0
3.8
WIN
Customer Support
24/5, chat, phone
2.7
3.5
WIN
Education
Webinars, guides
2.6
3.8
WIN
Execution
Speed, slippage
3.0
3.8
WIN
Mobile App
iOS, Android
2.9
3.7
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentFP MarketsFXTMWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotFXTM
XAU/USD (Gold)$0.14 typical$0.12 typicalFXTM
GBP/USD avg spread0.29 pips0.23 pipsFXTM
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsFXTM
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$100$50FP Markets

For North Macedonia traders, trading costs are a primary factor. FP Markets offers raw spreads from 0.0 pips on its Raw account, with a commission of $3 per lot per side. This is ideal for scalpers and high-volume traders. FXTM's spreads start from 1.3 pips on its Standard account and 0.1 pips on its ECN account with a commission. Over 100 lots per month, FP Markets can save traders up to $200 in spread costs compared to FXTM, making it the more cost-effective option for active traders in North Macedonia.

📂

Account Types Comparison

Account TypeFP MarketsFXTM
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✓✓
Demo account✓✓
PAMM / MAM account✗✓
Zero spread account✓✗
Copy trading✗✓
Min deposit$100$50
⚖️

Leverage Comparison - North Macedonia Traders

Entity / AssetFP MarketsFXTM
North Macedonia (offshore)Up to 1:1Up to 1:5000
Forex major pairs1:11:5000
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 ClassFP MarketsFXTMWinner
Forex pairs90+65+FP Markets
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesFP Markets
Crypto CFDs30+✗FP Markets
Stocks / Share CFDs1,000+✗FXTM
ETFs✓✗Tie
🖥️

Platforms Comparison

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

FP Markets provides MetaTrader 4, MetaTrader 5, and cTrader, giving North Macedonia traders access to advanced charting, algorithmic trading, and a wide range of indicators. cTrader is particularly popular for its intuitive interface and depth of market. FXTM offers MT4 and MT5, plus its proprietary FXTM Trader app for mobile trading. While both brokers offer reliable platforms, FP Markets' inclusion of cTrader gives it an edge for traders who prefer advanced order types and transparency.

⚡

Execution Quality - Speed & Slippage

FactorFP MarketsFXTMWinner
Execution modelECN/STPTrue ECNFXTM
Avg execution speed~30ms~40msFP Markets
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowed✓✓Tie
EA / Bot trading✓✓Tie

FP Markets boasts ultra-fast execution with an average speed of 40 milliseconds, thanks to its Equinix NY4 data center and deep liquidity pool. This is ideal for scalpers and algo traders in North Macedonia. FXTM executes trades in under 100 milliseconds, which is still competitive. For high-frequency trading, FP Markets has a clear advantage in execution quality.

🛡️

Regulation & Safety for North Macedonia Traders

Safety FactorFP MarketsFXTM
Primary regulatorASICFCA
Top-tier regulated✓✓
Investor protection✓✓
Segregated funds✓✓
Neg. balance protection✓✓

FP Markets is regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC), offering strong client protection. FXTM is regulated by CySEC, the Financial Conduct Authority (FCA) in the UK, and the Financial Services Commission (FSC) in Mauritius. For North Macedonia traders, both brokers provide a safe trading environment. However, FP Markets' ASIC regulation is widely regarded as one of the strictest, while FXTM's FCA regulation offers UK-level protection. Neither broker is regulated by the local financial regulator in North Macedonia, but both comply with international standards.

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 MethodFP MarketsFXTM
Bank Wire Transfer✓✓
Visa / Mastercard✓✓
Skrill✓✓
Neteller✓✓
USDT / Crypto✓✓
Withdrawal time24 hours24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days.

Depositing and withdrawing funds is straightforward for North Macedonia traders at both brokers. FP Markets supports Bank Transfer (free, 1-3 days), Skrill (instant, no fee), Neteller (instant, no fee), and USDT TRC20 (instant, low fee). FXTM also accepts Bank Transfer, Skrill, Neteller, and USDT TRC20, along with credit/debit cards and local bank transfers. Minimum deposits are $100 for FP Markets and $10 for FXTM, making FXTM more accessible for beginners. Withdrawals are processed within 24 hours at both brokers, with Skrill and Neteller offering the fastest payouts. USDT TRC20 is a convenient option for traders who prefer cryptocurrency transactions.

☪️

Islamic Accounts - Swap-Free for North Macedonia Muslims

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

Both FP Markets and FXTM offer Islamic (swap-free) accounts for Muslim traders in North Macedonia. FP Markets provides Islamic accounts on all account types, including Standard, Raw, and cTrader, with no swap charges on overnight positions. FXTM also offers Islamic accounts on its Standard and ECN accounts, but conditions may vary. FP Markets does not charge any additional fees for Islamic accounts, while FXTM may apply a small administrative fee on certain instruments. For Muslim traders in North Macedonia, FP Markets is the more transparent and cost-effective option.

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 FeatureFP MarketsFXTMWinner
Live chat✓✓Tie
Phone support✓✓Tie
Email support✓✓Tie
24/7 support✗✗Tie
Response time (chat)<2 minutes<3 minutesFP Markets

FP Markets offers 24/5 multilingual customer support via live chat, email, and phone. Their team is responsive and knowledgeable, with dedicated support for North Macedonia clients. FXTM also provides 24/5 support in multiple languages, including live chat and email. Both brokers have extensive FAQ sections. FP Markets' support is slightly faster, with average response times under 30 seconds for live chat.

📱

Mobile App Comparison

Mobile FeatureFP MarketsFXTMWinner
iOS App Store rating4.5 stars4.3 starsFP Markets
Google Play rating4.3 stars4.2 starsFP Markets
Biometric login✓✓Tie
Push notifications✓✓Tie
Full charting on mobile✓✓Tie
TradingView mobile✓✗FP Markets
📚

Education & Research Tools

ResourceFP MarketsFXTMWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)✗MonthlyTie
Economic calendar✓✓Tie
Market analysisDailyBasicFP Markets
⭐

Real User Reviews - Trustpilot

T
FP Markets
☆☆☆☆☆
—
10,100 verified reviews
View on Trustpilot
T
FXTM
☆☆☆☆☆
—
1,073 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

FP Markets

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

FXTM

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

Who Should Use Which Broker? - North Macedonia Guide

Choose FP Markets if you...

  • Are a cost-conscious trader seeking the lowest spreads and commissions
  • Prefer advanced platforms like cTrader alongside MT4/MT5
  • Need ultra-fast execution for scalping or algorithmic trading
  • Value ASIC regulation for added security

Choose FXTM if you...

  • Are a beginner looking for a user-friendly platform and educational resources
  • Prefer a lower minimum deposit of $10
  • Want access to a wide range of account types, including micro accounts
  • Need FCA regulation for confidence
❓

FAQ - FP Markets vs FXTM in North Macedonia

Is FP Markets or FXTM better for North Macedonia?

+

Can North Macedonia traders use both brokers legally?

+

Which broker has lower spreads for North Macedonia traders?

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How do North Macedonia traders deposit at FP Markets and FXTM?

+

Do both brokers offer Islamic accounts for North Macedonia?

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Final Verdict - North Macedonia 2026

FXTM wins overall

For North Macedonia traders, FP Markets is the superior choice overall, offering lower spreads, faster execution, and more advanced platforms. Its support for local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20 makes it easy to fund and withdraw. FXTM is a strong alternative for beginners or those who prefer a lower minimum deposit and extensive educational content. Both brokers are regulated and safe, but FP Markets' higher score (4.7 vs 4.3) and cost advantages make it the recommended broker for most retail traders in North Macedonia. Always consider your trading style and local regulatory requirements when making a final decision.

Open FP MarketsOpen FXTM
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
FP Markets 2.9/5
FXTM Winner3.7/5
Full Reviews
Full FP Markets Review →Full FXTM Review →
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