Which broker is better for North Macedonia traders in 2026? Expert analysis across 12 categories.
For traders in North Macedonia, choosing the right forex broker is crucial for success in 2025. FBS and FP Markets are two well-known brokers, but they cater to different needs. FBS, with a score of 3.7/5, is popular for its low barriers to entry and user-friendly platforms. FP Markets, scoring 4.7/5, is renowned for its institutional-grade trading conditions, including tight spreads and fast execution. Both brokers accept North Macedonia clients and offer local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. Regulation by the local financial regulator adds an extra layer of security. This comparison will help you decide which broker aligns with your trading style and goals.
| Instrument | FBS | FP Markets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FP Markets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FP Markets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FP Markets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FP Markets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $5 | $100 | FP Markets |
When comparing trading costs for North Macedonia traders, FP Markets has a clear edge. Its Raw ECN account offers spreads from 0.0 pips with a small commission, ideal for scalpers and high-volume traders. FBS's Zero Spread account starts from 0.7 pips with no commission, but spreads can widen during volatile markets. For a trader executing 100 lots per month, FP Markets can save hundreds of dollars in spreads. FBS may be cheaper for low-volume beginners due to its commission-free model.
| Account Type | FBS | FP Markets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $5 | $100 |
| Entity / Asset | FBS | FP Markets |
|---|---|---|
| North Macedonia (offshore) | Up to 1:3000 | Up to 1:500 |
| Forex major pairs | 1:3000 | 1:500 |
| 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 | FBS | FP Markets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FBS |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FBS |
| Crypto CFDs | 30+ | 20+ | FBS |
| Stocks / Share CFDs | ✗ | 1,700+ | FP Markets |
| ETFs | ✗ | ✓ | Tie |
| Platform | FBS | FP Markets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✓ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
FP Markets provides MetaTrader 4, MetaTrader 5, and cTrader, giving North Macedonia traders flexibility and advanced tools. cTrader is especially popular for its intuitive interface and depth of market. FBS offers MT4 and MT5, plus its proprietary FBS Trader app, which is simpler but less feature-rich. For traders in North Macedonia who need advanced charting and automated trading, FP Markets is the better choice.
| Factor | FBS | FP Markets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FP Markets |
| Avg execution speed | ~30ms | ~40ms | FBS |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
FP Markets uses Equinix NY4 servers for ultra-fast execution, with average speeds under 30ms. FBS execution is reliable but slightly slower, especially during high volatility. For scalpers and algorithmic traders in North Macedonia, FP Markets provides a clear advantage.
| Safety Factor | FBS | FP Markets |
|---|---|---|
| Primary regulator | IFSC | ASIC |
| Top-tier regulated | ✗ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both FBS and FP Markets are regulated by multiple authorities, including the local financial regulator in North Macedonia. This ensures that client funds are segregated and brokers adhere to strict standards. FP Markets has a stronger regulatory framework with licenses from ASIC and CySEC, offering higher trust. FBS is regulated internationally but may have less oversight. For North Macedonia traders, FP Markets provides greater peace of mind.
| Payment Method | FBS | FP Markets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✓ |
| Withdrawal time | Electronic Wallets / Systems: Credited immediately to 30 minutes (processed 24/7 by the financial department).Cryptocurrency: Instant, though subject to blockchain network confirmations.Credit / Debit Cards: Average of 3 to 4 business days (internal processing takes 15–20 minutes, plus bank clearance).Bank Transfers: Usually processed within 7 to 10 business days. | 24 hours |
North Macedonia traders can fund their accounts at both FBS and FP Markets using Bank Transfer, Skrill, Neteller, and USDT TRC20. FBS has a lower minimum deposit of $5, making it accessible for beginners. FP Markets requires a minimum deposit of $100 for standard accounts. Withdrawals are processed within 1-2 business days for e-wallets and USDT TRC20. Bank transfers may take 3-5 business days. Both brokers do not charge deposit fees, but check for any bank intermediary charges.
| Islamic Account Feature | FBS | FP Markets |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both FBS and FP Markets offer Islamic (swap-free) accounts for Muslim traders in North Macedonia. These accounts eliminate overnight interest charges, complying with Sharia law. FP Markets provides swap-free accounts on all account types, including Raw ECN, while FBS offers them on standard accounts only. Traders should confirm eligibility and any conditions, such as holding periods, before opening an account.
| Support Feature | FBS | FP Markets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FBS |
FP Markets offers 24/5 multilingual support via live chat, email, and phone, with quick response times. FBS also provides 24/5 support but has fewer language options. For North Macedonia traders, FP Markets may offer more reliable assistance, especially during European trading hours.
| Mobile Feature | FBS | FP Markets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FBS |
| Google Play rating | 4.3 stars | 4.2 stars | FBS |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✓ | FP Markets |
| Resource | FBS | FP Markets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | FBS |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FBS |
Choose FBS if you...
Choose FP Markets if you...
For North Macedonia traders in 2025, FP Markets is the superior choice overall, with a 4.7/5 score, tighter spreads, and robust regulation. It supports local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, and offers Islamic accounts. FBS is a viable alternative for beginners due to its low minimum deposit and simple platform. However, for serious traders looking to minimize costs and maximize performance, FP Markets is recommended. Always verify regulatory status with the local financial regulator before committing.