Which broker is better for North Macedonia traders in 2026? Expert analysis across 12 categories.
For retail traders in North Macedonia, choosing between Admirals and Libertex depends on trading style, cost sensitivity, and platform preference. Admirals, with a score of 4.1/5, is a globally recognized broker regulated by the local financial regulator, offering a robust trading environment for forex, indices, and commodities. Libertex, rated 3.7/5, is a user-friendly broker popular among beginners due to its simple interface and no-commission structure. Both brokers accept deposits via Bank Transfer, Skrill, Neteller, and USDT TRC20, making them accessible for Macedonian traders. However, Admirals provides more advanced tools like MetaTrader 4 and 5, while Libertex focuses on its proprietary platform. This comparison examines spreads, regulation, payment methods, and account types to help you decide which broker suits your needs in 2026.
| Instrument | Admirals | Libertex | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Libertex |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Libertex |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Libertex |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Libertex |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $1 | $10 | Admirals |
For North Macedonia traders, trading costs directly impact profitability, especially for high-volume strategies. Admirals offers competitive spreads starting from 0.5 pips on its Razor account with a small commission per lot, while its Trade account has wider spreads but no commission. Libertex uses a spread-only model with no commissions, but spreads are higher, averaging 1.2 pips on EUR/USD. For active traders executing many trades per day, Admirals is more cost-effective. For occasional traders, Libertex's simplicity may outweigh the slightly higher spread. Both brokers quote prices in USD, which is convenient for Macedonian traders trading international markets.
| Account Type | Admirals | Libertex |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $1 | $10 |
| Entity / Asset | Admirals | Libertex |
|---|---|---|
| North Macedonia (offshore) | Up to 1:500 | Up to 1:999 |
| Forex major pairs | 1:500 | 1:999 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | Admirals | Libertex | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Admirals |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Admirals |
| Crypto CFDs | 30+ | 20+ | Admirals |
| Stocks / Share CFDs | 1,000+ | ✗ | Libertex |
| ETFs | ✓ | ✓ | Tie |
| Platform | Admirals | Libertex |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✓ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Admirals provides the industry-standard MetaTrader 4 and MetaTrader 5 platforms, offering advanced charting, automated trading via Expert Advisors, and a wide range of indicators. Libertex uses its proprietary web and mobile platform, which is intuitive and ideal for beginners but lacks the depth of MT4/5. For North Macedonia traders who value technical analysis and algorithmic trading, Admirals is the clear choice. Libertex is better for those who prefer a straightforward, visually clean interface with one-click trading.
| Factor | Admirals | Libertex | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Libertex |
| Avg execution speed | ~30ms | ~40ms | Admirals |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
Admirals uses a mix of STP and ECN execution, providing fast order fills with minimal slippage, especially on major pairs. Libertex operates as a market maker, which can result in slower execution during volatile periods. For North Macedonia traders who trade news events or use scalping strategies, Admirals offers superior execution quality.
| Safety Factor | Admirals | Libertex |
|---|---|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✗ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Admirals is regulated by multiple top-tier authorities, including the UK FCA and Cyprus CySEC, and importantly, it is licensed by the local financial regulator in North Macedonia. This provides North Macedonia traders with local oversight and dispute resolution. Libertex is regulated by the Cyprus CySEC and the Financial Services Authority (FSA) in Seychelles, but does not have a specific local license. For traders prioritizing regulatory safety and local protection, Admirals offers stronger confidence.
| Payment Method | Admirals | Libertex |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | e-wallets take instant to 1 business day, credit/debit cards take 1 business day, and bank transfers take 1 to 3 business days. | 5 business days |
Both Admirals and Libertex support Bank Transfer, Skrill, Neteller, and USDT TRC20 for North Macedonia traders. Admirals also accepts credit/debit cards and local bank transfers in Macedonian denar (MKD), making it more convenient for local users. Minimum deposits vary: Admirals requires $100 for bank transfers and $10 for e-wallets, while Libertex has a $50 minimum for most methods. USDT TRC20 deposits are processed within minutes with low fees, ideal for crypto-savvy traders. Withdrawals are typically processed within 1-2 business days for e-wallets and 3-5 days for bank transfers. Admirals has a slight edge due to its local currency support and lower minimums.
| Islamic Account Feature | Admirals | Libertex |
|---|---|---|
| Swap-free available | ✓ | ✗ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
For Muslim traders in North Macedonia seeking Sharia-compliant trading, both Admirals and Libertex offer Islamic (swap-free) accounts. Admirals provides Islamic accounts upon request with no swap fees, applicable to all account types. Libertex also offers Islamic accounts but may require a minimum deposit of $500 and applies a small administrative fee for long-term positions. Admirals' policy is more flexible and cost-effective for local traders.
| Support Feature | Admirals | Libertex | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Admirals |
Admirals offers 24/5 multilingual customer support via live chat, email, and phone, with Macedonian language support available on request. Libertex also provides 24/5 support but primarily in English and Russian. For North Macedonia traders, Admirals' better language accessibility and local regulatory presence make its support more reliable.
| Mobile Feature | Admirals | Libertex | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Admirals |
| Google Play rating | 4.3 stars | 4.2 stars | Admirals |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | Admirals | Libertex | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | Admirals |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Admirals |
Choose Admirals if you...
Choose Libertex if you...
For most retail traders in North Macedonia, Admirals is the stronger choice in 2026 due to its higher overall rating (4.1/5), stricter local regulation by the local financial regulator, lower spreads, and support for local bank transfers in MKD. Its advanced platforms and flexible Islamic account terms further enhance its appeal. Libertex remains a viable option for beginners or those who prioritize simplicity and commission-free trading, especially if they primarily use USDT TRC20 for deposits. However, for cost efficiency, platform depth, and regulatory safety, Admirals is the recommended broker for North Macedonia traders.