HomeCompareBlackBull Markets vs InvestoProNorth Macedonia
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Complete Head-to-Head Comparison · 2026

BlackBull Markets vs InvestoPro: Comprehensive Comparison for North Macedonia Traders (2026)

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

BlackBull Markets logo
BlackBull Markets
FMA · FSA · Founded 2014
Open Account
VS
InvestoPro logo
InvestoPro
CySEC · Founded 2017
Open Account
Winner: InvestoPro
Categories: 12 compared
For: North Macedonia traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — North Macedonia Traders

Best Overall
InvestoPro
Higher overall score & more features
Best Spreads
InvestoPro
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for North Macedonia Muslims
Best for Beginners
InvestoPro
Better education & support
$0 vs $0
Min deposit
1:500 vs 1:500
Max leverage
FMA vs CySEC
Top regulator
3.2 vs 3.8
Our scores
Table of Contents

North Macedonia traders looking for a reliable forex broker in 2025 face a choice between two popular international brokers: BlackBull Markets (rated 3.9/5) and InvestoPro (rated 3.8/5). Both brokers accept clients from North Macedonia and offer trading in USD, which aligns with the local preference for dollar-denominated accounts. BlackBull Markets is known for its ECN pricing and institutional-grade execution, while InvestoPro focuses on simplicity and low minimum deposits. For traders in Skopje, Bitola, or Ohrid, the decision often comes down to trading costs and deposit convenience. Both brokers support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, making funding easy. However, neither broker is regulated by the local financial regulator, so traders should understand the risks of trading with offshore entities. This comparison covers spreads, platforms, regulation, and account features to help North Macedonia retail traders choose the best fit.

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Overall Scores Comparison

BlackBull Markets
BlackBull Markets
FMA · FSA
3.2
CompareBroker score
VS
InvestoPro
InvestoPro
CySEC
3.8
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.3
3.9
WIN
Platforms
MT4, MT5, cTrader, TV
3.4
3.5
WIN
Regulation
Safety, oversight
2.7
3.3
WIN
Deposits
Local payments
3.3
3.8
WIN
Customer Support
24/5, chat, phone
3.0
3.6
WIN
Education
Webinars, guides
2.9
3.5
WIN
Execution
Speed, slippage
3.3
3.9
WIN
Mobile App
iOS, Android
3.2
3.8
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentBlackBull MarketsInvestoProWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotInvestoPro
XAU/USD (Gold)$0.14 typical$0.12 typicalInvestoPro
GBP/USD avg spread0.29 pips0.23 pipsInvestoPro
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsInvestoPro
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$0$0Tie

For North Macedonia traders, trading costs are a key factor. BlackBull Markets offers spreads from 0.0 pips on its ECN account with a commission of $6 per lot round-turn. InvestoPro’s standard account has spreads from 0.8 pips with no commission, but raw spreads are typically higher. On a typical monthly volume of 10 lots on EUR/USD, BlackBull Markets costs about $60 in commission plus spreads, while InvestoPro costs around $80 in spread alone. This makes BlackBull Markets more cost-effective for active traders in North Macedonia who trade frequently. For casual traders, InvestoPro’s lower minimum deposit and simpler fee structure may be more appealing. Both brokers have no deposit fees, but withdrawal fees vary—BlackBull Markets charges $10 for bank wires, while InvestoPro offers one free withdrawal per month.

📂

Account Types Comparison

Account TypeBlackBull MarketsInvestoPro
Standard account
ECN / Raw spread
Islamic (swap-free)
Demo account
PAMM / MAM account
Zero spread account
Copy trading
Min deposit$0$0
⚖️

Leverage Comparison - North Macedonia Traders

Entity / AssetBlackBull MarketsInvestoPro
North Macedonia (offshore)Up to 1:500Up to 1:500
Forex major pairs1:5001:500
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 ClassBlackBull MarketsInvestoProWinner
Forex pairs90+65+BlackBull Markets
Gold (XAU/USD)Tie
Oil (WTI/Brent)Tie
Stock indices25+ indices20+ indicesBlackBull Markets
Crypto CFDs30+20+BlackBull Markets
Stocks / Share CFDsInvestoPro
ETFsTie
🖥️

Platforms Comparison

PlatformBlackBull MarketsInvestoPro
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Expert Advisors (EAs)
Scalping allowed
Hedging allowed

BlackBull Markets provides MetaTrader 4, MetaTrader 5, and cTrader, giving North Macedonia traders access to advanced charting, automated trading, and ECN liquidity. InvestoPro offers only MetaTrader 4 and a web-based platform, which is simpler but less feature-rich. For traders in North Macedonia who rely on Expert Advisors (EAs) or require fast execution, BlackBull Markets’ cTrader platform is a standout. Both platforms are available in English and support desktop, mobile, and web versions. Beginners may prefer InvestoPro’s streamlined interface, while experienced traders will value BlackBull Markets’ multi-platform support. Mobile trading on both brokers works well on iOS and Android, which is important for traders on the go in North Macedonia.

Execution Quality - Speed & Slippage

FactorBlackBull MarketsInvestoProWinner
Execution modelECN/STPTrue ECNInvestoPro
Avg execution speed~30ms~40msBlackBull Markets
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowedTie
EA / Bot tradingTie

BlackBull Markets uses ECN/STP execution with no dealing desk intervention, offering average execution speeds of under 40 milliseconds. InvestoPro also uses STP execution but may have slightly higher latency due to its smaller infrastructure. For North Macedonia traders using scalping or high-frequency strategies, BlackBull Markets’ faster execution and lower slippage are advantageous. Both brokers allow hedging and scalping, but BlackBull Markets’ tighter spreads and deeper liquidity from multiple liquidity providers give it an edge. Order execution reliability is high for both, but BlackBull Markets is generally preferred by active traders.

🛡️

Regulation & Safety for North Macedonia Traders

Safety FactorBlackBull MarketsInvestoPro
Primary regulatorFMACySEC
Top-tier regulated
Investor protection
Segregated funds
Neg. balance protection

BlackBull Markets is regulated by the Financial Services Authority (FSA) in Seychelles and the Financial Sector Conduct Authority (FSCA) in South Africa. InvestoPro is regulated by the International Financial Services Commission (IFSC) in Belize. Neither broker is overseen by the local financial regulator in North Macedonia, meaning traders do not have access to local dispute resolution or compensation schemes. This is common for offshore brokers serving the region. BlackBull Markets’ FSA regulation offers limited investor protection, while InvestoPro’s IFSC license is considered less strict. North Macedonia traders should consider using smaller balances and testing withdrawal processes before committing large funds. Both brokers have negative balance protection, which is a positive feature for retail traders.

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 MethodBlackBull MarketsInvestoPro
Bank Wire Transfer
Visa / Mastercard
Skrill
Neteller
USDT / Crypto
Withdrawal time24 hours (usually on the same business day)Card/e-wallet fast; bank transfer 1-3 days

North Macedonia traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both BlackBull Markets and InvestoPro. BlackBull Markets processes Skrill and Neteller deposits instantly with no fees, while InvestoPro may charge a 1% fee on USDT TRC20 deposits. Bank transfers take 1-3 business days and may incur intermediary bank fees. Minimum deposits are $50 for BlackBull Markets and $10 for InvestoPro, making InvestoPro more accessible for beginners. Withdrawals at BlackBull Markets are processed within 24 hours for e-wallets and crypto, while InvestoPro takes 1-2 business days. Both brokers require identity verification before withdrawals. USDT TRC20 is a convenient option for North Macedonia traders who prefer crypto transfers, as it avoids traditional banking delays. Always check for any hidden fees on deposits or withdrawals before funding.

☪️

Islamic Accounts - Swap-Free for North Macedonia Muslims

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

Both BlackBull Markets and InvestoPro offer Islamic (swap-free) accounts for Muslim traders in North Macedonia who need to comply with Sharia law. BlackBull Markets provides Islamic accounts automatically on request for all account types, with no swap charges on positions held overnight. InvestoPro also offers swap-free accounts but requires a manual request via email or live chat. BlackBull Markets’ policy is more straightforward, as it allows traders to open an Islamic account without additional documentation. InvestoPro may require proof of religion or a declaration. Traders in North Macedonia should confirm that the account remains swap-free indefinitely, as some brokers limit the duration. Both brokers prohibit arbitrage or hedging strategies on Islamic accounts.

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 FeatureBlackBull MarketsInvestoProWinner
Live chatTie
Phone supportTie
Email supportTie
24/7 supportTie
Response time (chat)<2 minutes<3 minutesBlackBull Markets

BlackBull Markets offers 24/7 customer support via live chat, email, and phone, with support available in English. InvestoPro provides support during business hours (Monday to Friday) via live chat and email. For North Macedonia traders, BlackBull Markets’ round-the-clock support is beneficial for those trading during different time zones or needing immediate assistance. Response times are under 5 minutes for live chat at both brokers, but BlackBull Markets has a more comprehensive FAQ and knowledge base. Local language support is not available, but English proficiency is generally sufficient for trading queries.

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Mobile App Comparison

Mobile FeatureBlackBull MarketsInvestoProWinner
iOS App Store rating4.5 stars4.3 starsBlackBull Markets
Google Play rating4.3 stars4.2 starsBlackBull Markets
Biometric loginTie
Push notificationsTie
Full charting on mobileTie
TradingView mobileBlackBull Markets
📚

Education & Research Tools

ResourceBlackBull MarketsInvestoProWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)Tie
Economic calendarTie
Market analysisDailyBasicBlackBull Markets

Real User Reviews - Trustpilot

T
BlackBull Markets
★★★★★
3.3K
3,330 verified reviews
View on Trustpilot
T
InvestoPro
★★★★★
0.0K
2 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

BlackBull Markets

Pros
+TradingView integration
+Islamic swap-free account
Cons
-No 24/7 support

InvestoPro

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

Who Should Use Which Broker? - North Macedonia Guide

Choose BlackBull Markets if you...

  • Are an active retail trader in North Macedonia who trades high volumes and needs low spreads from 0.0 pips.
  • Prefer using advanced platforms like cTrader or MetaTrader 5 for automated trading and charting.
  • Want instant deposits via Skrill, Neteller, or USDT TRC20 without fees.
  • Need 24/7 customer support and faster execution for scalping or news trading.

Choose InvestoPro if you...

  • Are a beginner trader in North Macedonia with a small budget (minimum deposit $10).
  • Prefer a simple, no-commission account with fixed spreads for easy cost calculation.
  • Want a straightforward account opening process with minimal documentation.
  • Trade infrequently and do not require advanced platforms or ultra-fast execution.

FAQ - BlackBull Markets vs InvestoPro in North Macedonia

Is BlackBull Markets or InvestoPro 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 BlackBull Markets and InvestoPro? +
Do both brokers offer Islamic accounts for North Macedonia? +

Final Verdict - North Macedonia 2026

InvestoPro wins overall

For retail traders in North Macedonia, the choice between BlackBull Markets and InvestoPro depends on trading style and budget. BlackBull Markets (3.9/5) is the better option for active traders who prioritize low spreads, fast execution, and advanced platforms like cTrader. It also offers more deposit flexibility with instant Skrill, Neteller, and USDT TRC20 funding, which is convenient for local traders. InvestoPro (3.8/5) is ideal for beginners or casual traders due to its low minimum deposit of $10 and simple fee structure. However, neither broker is regulated by the local financial regulator, so traders should proceed with caution and only deposit what they can afford to lose. Ultimately, BlackBull Markets provides better value for cost-conscious traders in North Macedonia, while InvestoPro suits those starting out. Always test both brokers with demo accounts before committing real funds.

Open BlackBull MarketsOpen InvestoPro
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
BlackBull Markets 3.2/5
InvestoPro Winner3.8/5
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.