HomeCompareIC Markets vs AvaTradeNorth Macedonia
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North Macedonia
Complete Head-to-Head Comparison · 2026

IC Markets vs AvaTrade (2026): In-Depth Comparison for North Macedonia Traders

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

IC
IC Markets
ASIC · CySEC · FSA · Founded 2007
Open Account
VS
AvaTrade logo
AvaTrade
CBI · ASIC · JFSA · Founded 2006
Open Account
Winner: AvaTrade
Categories: 12 compared
For: North Macedonia traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — North Macedonia Traders

Best Overall
AvaTrade
Higher overall score & more features
Best Spreads
AvaTrade
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for North Macedonia Muslims
Best for Beginners
AvaTrade
Better education & support
$200 vs $100
Min deposit
1:5000 vs 1:400
Max leverage
ASIC vs CBI
Top regulator
3.6 vs 4.3
Our scores
Table of Contents

For retail traders in North Macedonia looking to trade forex, CFDs, and commodities, choosing the right broker is critical. IC Markets (rated 4.8/5) and AvaTrade (rated 4.6/5) are two globally recognized brokers that accept clients from North Macedonia. Both support local payment methods like Bank Transfer, Skrill, Neteller, and USDT, making deposits and withdrawals convenient. However, they differ significantly in trading costs, platforms, and execution style. IC Markets is known for its raw spreads and ECN execution, appealing to scalpers and algorithmic traders. AvaTrade, on the other hand, offers fixed spreads and a user-friendly interface, better suited for beginners and swing traders. This comparison analyzes key factors—trading costs, platforms, regulation, deposit methods, Islamic accounts, and customer support—specifically for North Macedonia traders. Understanding these differences will help you select the broker that aligns with your trading goals and local financial environment.

🏆

Overall Scores Comparison

IC
IC Markets
ASIC · CySEC · FSA
3.6
CompareBroker score
VS
AvaTrade
AvaTrade
CBI · ASIC · JFSA
4.3
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.7
4.4
WIN
Platforms
MT4, MT5, cTrader, TV
3.8
4.5
WIN
Regulation
Safety, oversight
3.9
4.6
WIN
Deposits
Local payments
3.7
4.4
WIN
Customer Support
24/5, chat, phone
3.4
4.1
WIN
Education
Webinars, guides
3.3
4.4
WIN
Execution
Speed, slippage
3.7
4.4
WIN
Mobile App
iOS, Android
3.6
4.3
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentIC MarketsAvaTradeWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotAvaTrade
XAU/USD (Gold)$0.14 typical$0.12 typicalAvaTrade
GBP/USD avg spread0.29 pips0.23 pipsAvaTrade
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsAvaTrade
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$200$100AvaTrade

IC Markets offers raw spreads from 0.0 pips on its Raw Spread account with a $3.50 commission per lot per side, making it highly cost-effective for high-volume traders in North Macedonia. AvaTrade provides fixed spreads starting from 0.9 pips with no commission, which is simpler but can be more expensive for active scalpers. For a North Macedonia trader executing 10 lots per month, IC Markets' total cost is approximately $70 in commissions plus variable spreads, while AvaTrade's cost is around $90 in fixed spreads. The spread difference becomes more pronounced during volatile market events, where IC Markets' spreads may widen but remain competitive, while AvaTrade's fixed spreads offer predictability. Overall, IC Markets is more suitable for cost-conscious active traders, while AvaTrade's fixed costs benefit those who prefer certainty.

📂

Account Types Comparison

Account TypeIC MarketsAvaTrade
Standard account
ECN / Raw spread
Islamic (swap-free)
Demo account
PAMM / MAM account
Zero spread account
Copy trading
Min deposit$200$100
⚖️

Leverage Comparison - North Macedonia Traders

Entity / AssetIC MarketsAvaTrade
North Macedonia (offshore)Up to 1:5000Up to 1:400
Forex major pairs1:50001:400
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.
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Trading Instruments - Assets Available

Asset ClassIC MarketsAvaTradeWinner
Forex pairs90+65+IC Markets
Gold (XAU/USD)Tie
Oil (WTI/Brent)Tie
Stock indices25+ indices20+ indicesIC Markets
Crypto CFDs30+20+IC Markets
Stocks / Share CFDsAvaTrade
ETFsTie
🖥️

Platforms Comparison

PlatformIC MarketsAvaTrade
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Expert Advisors (EAs)
Scalping allowed
Hedging allowed

IC Markets provides MetaTrader 4, MetaTrader 5, and cTrader, all of which are popular among North Macedonia traders for their advanced charting, automated trading, and algorithmic capabilities. AvaTrade offers its proprietary WebTrader, plus MetaTrader 4, MetaTrader 5, and AvaTradeGO mobile app. For North Macedonia traders who rely on Expert Advisors (EAs) or copy trading, IC Markets' cTrader and MT4/5 platforms are superior due to lower latency and better backtesting tools. AvaTrade's platforms are more intuitive and include educational resources, which can help beginners in North Macedonia learn the markets. Both brokers offer demo accounts, but IC Markets' platforms are generally preferred by experienced traders.

Execution Quality - Speed & Slippage

FactorIC MarketsAvaTradeWinner
Execution modelECN/STPTrue ECNAvaTrade
Avg execution speed~30ms~40msIC Markets
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowedTie
EA / Bot tradingTie

IC Markets offers ECN execution with average execution speeds of 40 milliseconds and no requotes, making it ideal for scalpers and high-frequency traders in North Macedonia. AvaTrade uses market maker execution with fixed spreads, which can result in requotes during volatile markets. For North Macedonia traders who prioritize speed and slippage control, IC Markets is the clear winner. AvaTrade's execution is more suited for traders who prefer predictable pricing and are less concerned about millisecond delays.

🛡️

Regulation & Safety for North Macedonia Traders

Safety FactorIC MarketsAvaTrade
Primary regulatorASICCBI
Top-tier regulated
Investor protection
Segregated funds
Neg. balance protection

IC Markets is regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC), while AvaTrade is regulated by the Central Bank of Ireland, ASIC, and the Financial Services Authority of Saint Vincent and the Grenadines. For North Macedonia traders, neither broker is directly regulated by the local financial regulator, but both are overseen by tier-1 authorities, providing a high level of client fund protection. IC Markets offers negative balance protection and segregated client accounts, while AvaTrade provides similar safeguards. The local financial regulator in North Macedonia does not restrict access to these offshore brokers, but traders should verify the broker's license and ensure compliance with their own tax obligations.

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 MethodIC MarketsAvaTrade
Bank Wire Transfer
Visa / Mastercard
Skrill
Neteller
USDT / Crypto
Withdrawal timeE-wallets instant-24hrs; Cards 3-5 business days (up to 10); Int'l bank wire up to 14 daysCard/e-wallet 24-48hrs after approval; Wire Transfer up to 7-10 business days

North Macedonia traders can fund their accounts at both IC Markets and AvaTrade using Bank Transfer, Skrill, Neteller, and USDT. IC Markets requires a minimum deposit of $200, while AvaTrade requires $100. Bank Transfers from North Macedonian banks typically take 1-3 business days and may incur intermediary fees, so e-wallets like Skrill and Neteller are preferred for instant deposits. USDT (Tether) deposits are processed within minutes and are ideal for traders who use cryptocurrency. Withdrawals are processed within 24 hours for e-wallets and USDT, while Bank Transfers may take 2-5 business days. Both brokers do not charge deposit fees, but withdrawal fees may apply for Bank Transfers. Overall, the availability of these local payment methods makes both brokers highly accessible for North Macedonia traders.

☪️

Islamic Accounts - Swap-Free for North Macedonia Muslims

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

Both IC Markets and AvaTrade offer Islamic (swap-free) accounts for Muslim traders in North Macedonia who wish to trade in accordance with Sharia law. IC Markets provides swap-free accounts on all account types (Standard, Raw Spread, and cTrader), with no swap charges on overnight positions. However, a holding period fee may apply after 10 consecutive days. AvaTrade offers Islamic accounts on standard accounts only, with no swap fees and no holding period limits. For North Macedonia Muslim traders, AvaTrade's Islamic account may be more flexible for long-term positions, while IC Markets' offering is better for active day traders who hold positions for shorter periods.

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 FeatureIC MarketsAvaTradeWinner
Live chatTie
Phone supportTie
Email supportTie
24/7 supportTie
Response time (chat)<2 minutes<3 minutesIC Markets

IC Markets offers 24/7 customer support via live chat, email, and phone, with a dedicated team that can assist North Macedonia traders in English. AvaTrade also provides 24/5 support via live chat, email, and phone, with multilingual agents including English and regional languages. IC Markets' support is faster and more responsive, especially during off-hours, which is beneficial for traders who operate outside standard market hours. AvaTrade's support is adequate but may have longer response times. Both brokers have comprehensive FAQ sections on their websites.

📱

Mobile App Comparison

Mobile FeatureIC MarketsAvaTradeWinner
iOS App Store rating4.5 stars4.3 starsIC Markets
Google Play rating4.3 stars4.2 starsIC Markets
Biometric loginTie
Push notificationsTie
Full charting on mobileTie
TradingView mobileTie
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Education & Research Tools

ResourceIC MarketsAvaTradeWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)MonthlyTie
Economic calendarTie
Market analysisDailyBasicIC Markets

Real User Reviews - Trustpilot

T
IC Markets
★★★★★
54.4K
54,430 verified reviews
View on Trustpilot
T
AvaTrade
★★★★★
12.7K
12,700 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

IC Markets

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-$200 min deposit
-No 24/7 support

AvaTrade

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

Who Should Use Which Broker? - North Macedonia Guide

Choose IC Markets if you...

  • Are an active scalper or algorithmic trader seeking raw spreads and low commissions.
  • Use Expert Advisors (EAs) on MT4/MT5 or cTrader and need fast execution.
  • Prefer a wide range of deposit methods including Bank Transfer, Skrill, Neteller, and USDT.
  • Want a broker with a higher overall rating (4.8/5) and strong tier-1 regulation.

Choose AvaTrade if you...

  • Are a beginner or swing trader who values fixed spreads and predictable costs.
  • Prefer a user-friendly platform with built-in educational tools and copy trading.
  • Need a lower minimum deposit of $100 and Islamic accounts with no holding limits.
  • Want a broker with a solid reputation (4.6/5) and regulation in multiple jurisdictions.

FAQ - IC Markets vs AvaTrade in North Macedonia

Is IC Markets or AvaTrade better for North Macedonia? +
Can North Macedonia traders use both brokers legally? +
Which broker has lower spreads for North Macedonia traders? +
How do North Macedonia traders deposit at IC Markets and AvaTrade? +
Do both brokers offer Islamic accounts for North Macedonia? +

Final Verdict - North Macedonia 2026

AvaTrade wins overall

For North Macedonia traders, IC Markets (4.8/5) is the better overall choice due to its lower trading costs, faster execution, and superior platform options. It is ideal for active traders who want to minimize spreads and commissions. AvaTrade (4.6/5) remains a strong contender for beginners and those who prefer fixed costs and a more intuitive platform. Both brokers support local payment methods like Bank Transfer, Skrill, Neteller, and USDT, ensuring easy deposits and withdrawals. The local financial regulator in North Macedonia does not restrict access to these brokers, so the final decision depends on your trading style. We recommend IC Markets for experienced traders and AvaTrade for those just starting out.

Open IC MarketsOpen AvaTrade
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 July 2026.
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Score Summary
IC Markets 3.6/5
AvaTrade Winner4.3/5
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