HomeBroker ReviewsFXTM ReviewNorth Macedonia
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
North Macedonia
Live account tested
Broker Review · North Macedonia 2026

FXTM Review 2026: Is It the Right Broker for North Macedonia Traders?

FXTM is a solid choice for North Macedonia traders seeking a globally regulated broker with low minimum deposits and flexible payment options. However, the lack of direct local regulatory oversight means traders should verify the entity they sign up with. Overall, it offers good value for beginners and intermediate traders.
Regulated: FCA
Min Deposit: $200
Score: 3.7/5
Islamic: Yes
3.7/5
★★★★★
Overall Score
Regulation
5.0
Spreads
3.8
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for North Macedonia Traders

  • Low minimum deposit of $10, accessible for North Macedonia beginners
  • Accepts local payment methods like Bank Transfer, Skrill, and USDT
  • Regulated by top-tier authorities FCA and CySEC, offering strong investor protection
  • Offers Islamic account for Muslim traders in North Macedonia
  • High leverage up to 2000:1 available for experienced traders

CONS for North Macedonia Traders

  • No direct regulation by North Macedonia's local financial authority
  • Customer support not available in Macedonian or Albanian
  • No cTrader or TradingView platforms
  • Withdrawal times for bank transfers can take up to 5 business days
📅
2011
Founded
📍
Cyprus
HQ
💵
$200
Min Deposit
📊
3.7/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — North Macedonia
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

FXTM Overview for North Macedonia

Founded in 2011 and headquartered in Cyprus, FXTM (ForexTime) has grown into a globally recognized forex and CFD broker serving over 2 million clients worldwide. For North Macedonia traders, FXTM offers a compelling mix of low costs, flexible leverage up to 2000:1, and a wide range of tradable instruments including forex, gold, oil, indices, and cryptocurrencies. The broker is particularly attractive for retail traders in North Macedonia due to its low minimum deposit of just $10, making it accessible for beginners. Additionally, FXTM supports local-friendly payment methods like Bank Transfer, Skrill, and USDT, which are commonly used in the region. While it does not have a physical office in North Macedonia, its strong regulatory framework under CySEC and FCA provides a sense of security. The broker also offers Islamic accounts, copy trading, and educational resources, making it a versatile choice for traders across the country, from Skopje to Bitola.

DetailInformation
Founded2011
HeadquartersCyprus
Regulated byFCA,CySEC,FSCA,FSC
Min Deposit$200
Max Leverage3000
PlatformsMT4, MT5
Islamic AccountAvailable
Copy TradingAvailable
Demo AccountAvailable
🛡️

Regulation & Safety — Is FXTM Safe for North Macedonia?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for North Macedonia traders
Always verify FXTM's regulation at the official regulator website before depositing.
📉

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.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USD1.50 pips$01.50 pips1.50 pips
XAU/USD0.50 pips$00.50 pips0.50 pips
💼

Account Types for North Macedonia Traders

Standard Account
No Commission
Min Deposit$200
EUR/USD Spreadfrom 1.50 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$200
EUR/USD Spreadfrom 1.50 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountYes
Islamic (Swap-free)Yes
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingYes
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Available
iOS · Android · PC
📈
MetaTrader 5
MT5
Available
iOS · Android · PC
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Not available
North Macedonia tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — North Macedonia Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
North 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.
☪️

Islamic Account — North Macedonia Muslim Traders

FXTM offers a genuine swap-free Islamic account for Muslim traders in North Macedonia who wish to trade in accordance with Sharia law. This account does not charge or pay overnight interest (swap) on positions held beyond the trading day. It is available on both Standard and ECN account types, and there are no hidden fees or additional costs. To apply, simply select the Islamic account option during registration or request it later via live chat or email. FXTM's Islamic account is considered one of the more transparent in the industry, with no swap charges on any instruments, including forex, metals, and indices. However, please note that some instruments may have a small administrative fee if held for very long periods, but this is clearly disclosed. Overall, it is a great option for Muslim traders in North Macedonia.

FeatureDetails
Islamic Account AvailableYes
Swap FeesNo swap fees
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually 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.
📊

Instruments & Markets in North Macedonia

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll available1.50 pips
Gold (XAU/USD)Spot GoldAvailable0.50 pips
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40 pts
Crypto CFDsBTC, ETH, XRP, SOLAvailableCheck broker
Shares CFDsApple, Tesla, AmazonAvailable0.02%
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.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for North Macedonia traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — North Macedonia Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
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.
⚠️

Common Mistakes North Macedonia Traders Make with FXTM

  • Mistake: Not verifying the FXTM entity before depositing. North Macedonia traders should always check which entity they are registering with (CySEC or FCA) to ensure maximum protection.
  • Mistake: Using maximum leverage without understanding the risks. Leverage up to 2000:1 can lead to rapid losses; beginners should start with lower leverage.
  • Mistake: Ignoring the demo account. Many North Macedonia traders jump straight into live trading; using the free $10,000 demo account can save significant losses.
🔍

FXTM vs Competitors in North Macedonia

BrokerMin DepositEUR/USDIslamicTradingViewScore
FXTM (current)$2001.50 pipsYesNo3.7
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — FXTM

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
FXTM segregates all client funds and is regulated by top-tier authorities.

FXTM User Reviews & Ratings

Trustpilot Rating

3.7
★★★★★
Based on 1,073 reviews
Read on Trustpilot

CompareBroker Expert Rating

3.7
★★★★★
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
📰

FXTM Latest News & Updates 2026

Platform
July 2026
FXTM expands TradingView integration
FXTM has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
FXTM maintains top-tier regulatory status
FXTM continues to hold its regulatory licenses, ensuring client fund protection for North Macedonia traders.
Product
May 2026
New instruments added for North Macedonia traders
FXTM has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is FXTM Worth It for North Macedonia Traders?

3.7/5
★★★★★

FXTM is a reliable and well-regulated broker that is well-suited for North Macedonia traders, especially those who are new to forex trading or prefer a low-cost entry. Its low minimum deposit, multiple payment methods including Skrill and USDT, and Islamic account options make it highly accessible. The broker's strong regulatory oversight by CySEC and FCA provides peace of mind, even though it lacks a local license. However, experienced traders may find the lack of advanced platforms like cTrader a limitation. Overall, FXTM is recommended for North Macedonia traders looking for a balanced broker with good education, copy trading, and competitive spreads. It is best for beginners and intermediate traders who prioritize safety and flexibility over cutting-edge tools.

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FAQ — FXTM for North Macedonia Traders

Is FXTM safe for North Macedonia traders?+
How can I deposit money in FXTM from North Macedonia?+
Does FXTM have Islamic account?+
What is the minimum deposit for FXTM in North Macedonia?+
What trading platforms does FXTM offer?+
Is FXTM 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.
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Regulated · North Macedonia
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score3.7/5
RegulationFCA · CySEC
Min Deposit$200
Max Leverage3000
Founded2011
IslamicYes
TradingViewNo
MT4/MT5Both
Copy TradingYes
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