Which broker is better for North Macedonia traders in 2026? Expert analysis across 12 categories.
For retail traders in North Macedonia, choosing between AvaTrade and FXTM is a key decision that affects your trading experience, costs, and convenience. AvaTrade, established in 2006, is a well-regulated broker with a strong reputation for fixed spreads and a comprehensive education suite. FXTM, founded in 2011, is known for its flexible account types, low minimum deposits, and robust multi-asset platform. Both brokers accept Macedonian clients and support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. However, your choice may hinge on specific factors such as spread structure, platform preferences, and regulatory comfort. AvaTrade scores 4.6/5 overall, while FXTM scores 4.3/5, reflecting AvaTrade’s edge in cost predictability and user experience. This comparison dives deep into what matters most for North Macedonia traders, helping you decide which broker aligns with your trading goals in 2026.
| Instrument | AvaTrade | FXTM | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FXTM |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FXTM |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FXTM |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FXTM |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $100 | $200 | AvaTrade |
When comparing trading costs for North Macedonia traders, AvaTrade offers fixed spreads starting from 0.9 pips on major forex pairs, which provides cost certainty regardless of market volatility. FXTM’s spreads are variable and can be as low as 0.1 pips on its ECN accounts, but these require a minimum deposit of $200. For retail traders in North Macedonia trading smaller volumes (e.g., 0.1 lots), AvaTrade’s fixed spreads often result in lower total costs. However, if you trade larger volumes (above 1 lot), FXTM’s ECN model may be cheaper. Both brokers charge no commission on standard accounts, but FXTM’s ECN accounts have a commission of $3.5 per lot round turn. Consider your typical trade size and frequency to determine which cost structure suits you best.
| Account Type | AvaTrade | FXTM |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✓ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✓ | ✓ |
| Min deposit | $100 | $200 |
| Entity / Asset | AvaTrade | FXTM |
|---|---|---|
| North Macedonia (offshore) | Up to 1:400 | Up to 1:3000 |
| Forex major pairs | 1:400 | 1:3000 |
| 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 | AvaTrade | FXTM | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | AvaTrade |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | AvaTrade |
| Crypto CFDs | 30+ | ✗ | AvaTrade |
| Stocks / Share CFDs | ✗ | ✗ | FXTM |
| ETFs | ✓ | ✗ | Tie |
| Platform | AvaTrade | FXTM |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
AvaTrade provides its proprietary WebTrader platform, plus MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are popular among North Macedonia traders for their advanced charting and automated trading capabilities. FXTM also offers MT4 and MT5, along with its own FXTM Trader app for mobile trading. Both brokers support desktop, web, and mobile versions, ensuring flexibility. For North Macedonia traders who value ease of use and educational tools, AvaTrade’s WebTrader is intuitive. FXTM’s platforms are slightly more customizable, appealing to experienced retail traders. Both brokers offer demo accounts to test platforms before committing real funds.
| Factor | AvaTrade | FXTM | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FXTM |
| Avg execution speed | ~30ms | ~40ms | AvaTrade |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
AvaTrade uses No Dealing Desk (NDD) execution with straight-through processing, ensuring fast order execution with minimal slippage. FXTM offers both market execution and instant execution on different account types. For North Macedonia retail traders, AvaTrade’s fixed spreads and NDD model provide consistent execution quality, while FXTM’s ECN accounts offer direct market access with potentially faster execution during high liquidity periods. Both brokers have reliable execution speeds, typically under 100ms.
| Safety Factor | AvaTrade | FXTM |
|---|---|---|
| Primary regulator | CBI | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
AvaTrade is regulated by multiple top-tier authorities, including the Central Bank of Ireland, ASIC in Australia, and the FSCA in South Africa. FXTM is regulated by the FCA in the UK, CySEC in Cyprus, and the FSCA. Neither broker is directly regulated by the local financial regulator of North Macedonia, but they operate under international licenses that meet high standards of client fund security and transparency. For North Macedonia traders, this means your funds are held in segregated accounts with reputable banks, and both brokers participate in investor compensation schemes (e.g., up to €20,000 under CySEC for FXTM). Always verify the specific entity you register with, as terms may vary by jurisdiction.
| Payment Method | AvaTrade | FXTM |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✓ |
| Withdrawal time | Card/e-wallet 24-48hrs after approval; Wire Transfer up to 7-10 business days | 24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days. |
For North Macedonia traders, both AvaTrade and FXTM support convenient deposit methods: Bank Transfer, Skrill, Neteller, and USDT TRC20. AvaTrade processes deposits instantly via e-wallets and USDT, with no fees from the broker, though your bank may charge for wire transfers. FXTM also offers instant e-wallet and USDT deposits, with a minimum deposit of $10 for Skrill/Neteller and $50 for bank transfers. Withdrawals are typically processed within 24 hours for e-wallets and 1-3 business days for bank transfers. USDT TRC20 withdrawals are fast and low-cost, making them an excellent option for Macedonian traders seeking crypto-based transactions. Both brokers require account verification before withdrawals, so ensure your documents are ready.
| Islamic Account Feature | AvaTrade | FXTM |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Muslim traders in North Macedonia can benefit from Islamic (swap-free) accounts offered by both AvaTrade and FXTM. AvaTrade provides Islamic accounts on all account types, including its standard and ECN variants, with no swap fees on overnight positions. FXTM also offers Islamic accounts on its Standard and ECN accounts, but these may require a minimum deposit and are subject to a holding period before swap-free status applies. Both brokers ensure compliance with Sharia law by eliminating interest charges. For North Macedonia traders, AvaTrade’s straightforward Islamic account policy is more accessible, while FXTM’s offering includes a wider range of account options for experienced traders.
| Support Feature | AvaTrade | FXTM | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | AvaTrade |
AvaTrade offers 24/5 multilingual customer support via live chat, email, and phone, with dedicated account managers for certain account tiers. FXTM provides 24/5 support through live chat, email, and phone, with a comprehensive FAQ section. For North Macedonia traders, both brokers support English and some Balkan languages, though FXTM has a slight edge with more localized support options. Response times are generally under 5 minutes for live chat on both platforms.
| Mobile Feature | AvaTrade | FXTM | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | AvaTrade |
| Google Play rating | 4.3 stars | 4.2 stars | AvaTrade |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | AvaTrade | FXTM | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | AvaTrade |
Choose AvaTrade if you...
Choose FXTM if you...
For retail traders in North Macedonia, AvaTrade edges out FXTM with a higher overall score of 4.6/5, thanks to its fixed spreads, robust education, and straightforward Islamic account policy. FXTM remains a strong contender with its flexible account types, low spreads on ECN accounts, and broader deposit options including Bank Transfer, Skrill, Neteller, and USDT TRC20. If you prioritize cost predictability and a beginner-friendly environment, AvaTrade is the better choice. If you need maximum deposit flexibility and advanced trading features, FXTM suits you better. Both brokers operate under reputable international regulation, ensuring safety for Macedonian traders. Ultimately, your decision should align with your trading style, volume, and preferred payment methods. Use the demo accounts to test both before committing real capital.