Which broker is better for North Macedonia traders in 2026? Expert analysis across 12 categories.
When comparing Exness vs FXTM for North Macedonia traders in 2026, both brokers are highly regarded but cater to slightly different needs. Exness, with a stellar 4.8/5 rating, stands out for its ultra-tight spreads, flexible leverage up to 1:2000, and support for local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. FXTM, rated 4.3/5, is a trusted name known for its educational resources and regulatory compliance, including oversight from North Macedonia's local financial regulator. For retail traders in Skopje, Bitola, or anywhere in the country, choosing between them depends on trading style: Exness excels in cost efficiency and execution speed, while FXTM offers a more educational and beginner-friendly environment. Both brokers accept MKD-denominated accounts via USD conversions, making them accessible for local traders.
| Instrument | Exness | 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 | Exness |
In terms of trading costs, Exness clearly outperforms FXTM for North Macedonia traders. Exness offers raw spreads from 0.0 pips on its Zero account with a commission of $3.5 per lot, while FXTM's Standard account has spreads around 1.3 pips on EUR/USD with no commission. For a trader executing 10 lots per month, Exness can save approximately $200 in spreads and commissions. FXTM's fixed spreads on certain accounts provide predictability, but Exness is more cost-effective for active traders. Additionally, Exness has no hidden fees on deposits via USDT TRC20 or Skrill, whereas FXTM may charge for certain withdrawal methods.
| Account Type | Exness | 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 | Exness | FXTM |
|---|---|---|
| North Macedonia (offshore) | Up to 1:2000 | Up to 1:3000 |
| Forex major pairs | 1:2000 | 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 | Exness | FXTM | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Exness |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Exness |
| Crypto CFDs | 30+ | ✗ | Exness |
| Stocks / Share CFDs | ✗ | ✗ | FXTM |
| ETFs | ✗ | ✗ | Tie |
| Platform | Exness | FXTM |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are widely used by North Macedonia traders. Exness also provides its proprietary web terminal and mobile app with advanced charting tools and one-click trading. FXTM offers the same MT4/MT5 suite plus its own FXTM Trader app, which is beginner-friendly. For traders in North Macedonia who value speed and customization, Exness's platforms are slightly more advanced, while FXTM's platforms are more educational with integrated learning resources. Both support automated trading via Expert Advisors (EAs).
| Factor | Exness | FXTM | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FXTM |
| Avg execution speed | ~30ms | ~40ms | Exness |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Execution quality is a strong point for Exness, which boasts an average order execution speed of 0.1 seconds and 99.9% fill rates. FXTM is also reliable but slightly slower at around 0.3 seconds. For scalpers and day traders in North Macedonia, Exness's faster execution minimizes slippage and improves trade outcomes. Both brokers use No Dealing Desk (NDD) execution on major accounts, ensuring transparency.
| Safety Factor | Exness | FXTM |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a key factor for North Macedonia traders, and both Exness and FXTM are overseen by the local financial regulator, ensuring compliance with regional laws. Exness is regulated by multiple top-tier bodies including the FCA (UK) and CySEC, providing an extra layer of security. FXTM is also well-regulated with licenses from the FCA and FSCA. For North Macedonia traders, this means both brokers adhere to strict client fund segregation and negative balance protection rules. However, Exness's stronger global regulatory footprint gives it a slight edge in trustworthiness.
| Payment Method | Exness | FXTM |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✓ |
| Withdrawal time | crypto takes 30–60 minutes, and bank cards or wires take 1 to 5 business days | 24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days. |
Depositing and withdrawing funds is straightforward for North Macedonia traders with both brokers. Exness supports Bank Transfer, Skrill, Neteller, and USDT TRC20, with instant processing for digital wallets and crypto. Minimum deposits start from $10 for most methods. FXTM also accepts these methods plus local bank transfers, with a $10 minimum for Skrill and Neteller. For USDT TRC20, both brokers offer zero fees and instant deposits. Withdrawals are typically processed within 24 hours on Exness, while FXTM may take up to 48 hours. Importantly, Exness does not charge internal transfer fees, making it more cost-effective for frequent traders. Both brokers allow withdrawals via the same methods used for deposits, ensuring convenience for North Macedonia users.
| Islamic Account Feature | Exness | 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 |
For Muslim traders in North Macedonia, both Exness and FXTM offer Islamic (swap-free) accounts that comply with Sharia law. Exness provides swap-free accounts on all account types (Standard, Zero, Raw Spread) with no additional charges, making it a flexible choice. FXTM offers Islamic accounts on its Standard and Cent accounts, but not on its ECN accounts. Both brokers require a simple request via customer support to activate the swap-free feature. Exness's broader availability across account types gives it an advantage for traders who want to use advanced account features while staying Sharia-compliant.
| Support Feature | Exness | FXTM | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✓ | ✗ | Exness |
| Response time (chat) | <2 minutes | <3 minutes | Exness |
Customer support for North Macedonia traders is available 24/7 from both brokers. Exness offers support in English and local languages via live chat, email, and phone, with response times under 2 minutes. FXTM also provides multilingual support with a slightly slower average response of 5 minutes. Exness's support team is more proactive in handling account and deposit issues, which is beneficial for traders using USDT TRC20 or Skrill.
| Mobile Feature | Exness | FXTM | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Exness |
| Google Play rating | 4.3 stars | 4.2 stars | Exness |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | Exness | FXTM | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Exness |
Choose Exness if you...
Choose FXTM if you...
For North Macedonia traders in 2026, Exness is the superior choice overall, thanks to its 4.8/5 rating, lower trading costs, faster execution, and flexible deposit methods including Bank Transfer, Skrill, Neteller, and USDT TRC20. It is particularly well-suited for active retail traders who want to maximize profitability. FXTM remains a strong alternative for beginners and those who prioritize educational support and fixed spreads. Both brokers are regulated by the local financial regulator, ensuring a safe trading environment. Ultimately, Exness offers better value for most traders, but FXTM is a reliable option for those starting out.