IC Markets vs FP Markets for North Macedonia Traders (2026)

When comparing trading costs for North Macedonia traders, IC Markets typically offers lower spreads, especially on its Raw Spread account, where EUR/USD spreads start at 0.0 pips with a $3.50 commission per lot. FP Markets' Standard account has spreads around 1.0 pips with no commission, while its Raw account is slightly higher. For high-volume traders in North Macedonia, IC Markets can save significant costs over time. However, FP Markets' all-in pricing may suit lower-frequency traders. Both brokers offer competitive swap rates for overnight positions, but IC Markets has an edge for scalpers.

Both brokers support MetaTrader 4, MetaTrader 5, and cTrader, which are popular among North Macedonia traders for their advanced charting and automated trading capabilities. IC Markets also offers its own web platform, while FP Markets provides additional platforms like IRESS for professional traders. For Macedonian traders who value flexibility, FP Markets' wider platform choice is a plus. IC Markets excels in mobile trading with a user-friendly app, ideal for traders on the go in North Macedonia.

IC Markets boasts an average execution speed of 40ms, ideal for scalpers and algorithmic traders in North Macedonia. FP Markets follows closely with 50ms execution, ensuring minimal slippage. Both use ECN/STP models for direct market access, but IC Markets has a slight advantage in speed. For Macedonian traders focused on high-frequency trading, IC Markets is the better choice.

IC Markets is regulated by ASIC (Australia), CySEC (Cyprus), and the FSA (Seychelles), while FP Markets holds licenses from ASIC, CySEC, and the FSCA (South Africa). Both brokers comply with the local financial regulator in North Macedonia, ensuring client fund segregation and negative balance protection. For Macedonian traders, this means a secure trading environment with clear dispute resolution mechanisms. The local regulator oversees cross-border activities, adding an extra layer of trust.

North Macedonia traders can fund their accounts at both IC Markets and FP Markets using Bank Transfer, Skrill, Neteller, and USDT. IC Markets processes deposits instantly for e-wallets and USDT, while bank transfers take 1-3 business days. FP Markets offers similar speed, with e-wallet deposits reflecting within minutes. Withdrawals are also efficient: Skrill and Neteller are processed within 24 hours, USDT within a few hours, and bank transfers take 2-5 business days. Both brokers have no deposit fees, and IC Markets charges no withdrawal fees for most methods, while FP Markets may apply a small fee for bank transfers. Minimum deposits start at $200 for both, making them accessible for retail traders in North Macedonia.

For Muslim traders in North Macedonia, both IC Markets and FP Markets offer Islamic (swap-free) accounts that comply with Sharia law by eliminating interest on overnight positions. IC Markets requires a request to activate the account, while FP Markets provides it automatically for eligible clients. Both brokers ensure no hidden fees, and accounts are available on all platforms (MT4, MT5, cTrader). This makes them excellent choices for Macedonian traders seeking halal trading options.

IC Markets offers 24/7 customer support via live chat, email, and phone, with quick response times. FP Markets also provides 24/5 support with a dedicated account manager for VIP clients. For North Macedonia traders, both brokers offer English-language support, and FP Markets has a slight edge with local phone numbers in some regions. IC Markets' live chat is faster for urgent queries.