HomeCompareFBS vs HYCMNorth Macedonia
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North Macedonia
Complete Head-to-Head Comparison · 2026

FBS vs HYCM: Which Broker Suits North Macedonia Traders Better in 2026?

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

FBS logo
FBS
CySEC · IFSC · FSCA · Founded 2009
Open Account
VS
HYCM logo
HYCM
FCA · CySEC · CIMA · Founded 1977
Open Account
Winner: FBS
Categories: 12 compared
For: North Macedonia traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — North Macedonia Traders

Best Overall
FBS
Higher overall score & more features
Best Spreads
HYCM
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for North Macedonia Muslims
Best for Beginners
FBS
Better education & support
$5 vs $20
Min deposit
1:3000 vs 1:500
Max leverage
CySEC vs FCA
Top regulator
3.7 vs 3.6
Our scores
Table of Contents

When comparing forex brokers for North Macedonia traders in 2025, FBS and HYCM stand out as two popular choices, each with distinct advantages. Both brokers are regulated by the local financial regulator, ensuring a baseline of safety for retail traders in Skopje, Bitola, or anywhere in the country. FBS, with a score of 3.7/5, appeals to cost-conscious traders with ultra-low spreads starting from 0.7 pips and a minimum deposit of just $5. It also supports USDT TRC20—a significant plus for crypto-savvy Macedonians. HYCM, scoring 3.6/5, offers a more traditional, heavily regulated environment with licenses from top-tier bodies like the FCA and CySEC. For North Macedonia traders, the choice often comes down to whether you prioritize low costs and modern payment methods (FBS) or institutional-grade security and a long-established reputation (HYCM). Both brokers accept local bank transfers, Skrill, and Neteller, but only FBS includes crypto deposits. This comparison breaks down spreads, platforms, regulation, and local payment specifics to help you decide which broker fits your trading style.

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Overall Scores Comparison

FBS
FBS
CySEC · IFSC · FSCA
3.7
CompareBroker score
Winner
VS
HYCM
HYCM
FCA · CySEC · CIMA
3.6
CompareBroker score
Trading Costs
Spreads, commissions
3.8
WIN
3.7
Platforms
MT4, MT5, cTrader, TV
3.4
WIN
3.3
Regulation
Safety, oversight
3.2
3.9
WIN
Deposits
Local payments
3.8
WIN
3.7
Customer Support
24/5, chat, phone
3.5
WIN
3.4
Education
Webinars, guides
3.8
WIN
3.3
Execution
Speed, slippage
3.8
WIN
3.7
Mobile App
iOS, Android
3.7
WIN
3.6
💹

Trading Costs - Spreads & Commissions

InstrumentFBSHYCMWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotHYCM
XAU/USD (Gold)$0.14 typical$0.12 typicalHYCM
GBP/USD avg spread0.29 pips0.23 pipsHYCM
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsHYCM
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$5$20HYCM

For North Macedonia traders, trading costs can significantly impact profitability, especially with high-volume strategies. FBS offers tighter spreads, with its ECN account starting at 0.7 pips on EUR/USD, while HYCM’s standard account averages around 1.2 pips. On a $10,000 monthly volume, FBS saves you approximately $50 in spread costs. FBS also has lower commissions on its zero-spread accounts, whereas HYCM charges a fixed commission per lot. For traders using the local financial regulator's oversight, both brokers are transparent about fees, but FBS’s cost advantage is clear for scalpers and day traders in North Macedonia.

📂

Account Types Comparison

Account TypeFBSHYCM
Standard account
ECN / Raw spread
Islamic (swap-free)
Demo account
PAMM / MAM account
Zero spread account
Copy trading
Min deposit$5$20
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Leverage Comparison - North Macedonia Traders

Entity / AssetFBSHYCM
North Macedonia (offshore)Up to 1:3000Up to 1:500
Forex major pairs1:30001:500
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 ClassFBSHYCMWinner
Forex pairs90+65+FBS
Gold (XAU/USD)Tie
Oil (WTI/Brent)Tie
Stock indices25+ indices20+ indicesFBS
Crypto CFDs30+20+FBS
Stocks / Share CFDsHYCM
ETFsTie
🖥️

Platforms Comparison

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

Both FBS and HYCM offer MetaTrader 4 and MetaTrader 5, the platforms most favored by North Macedonia retail traders. FBS also provides its own FBS Trader app for mobile trading, which includes one-click trading and advanced charting. HYCM offers the proprietary HYCM Trader platform alongside MT4/5. For traders in North Macedonia who value mobile accessibility, FBS’s app is more intuitive, while HYCM’s platforms are better suited for those who want a desktop-centric experience. Both support local language options and are optimized for stable internet connections common in Macedonian cities.

Execution Quality - Speed & Slippage

FactorFBSHYCMWinner
Execution modelECN/STPTrue ECNHYCM
Avg execution speed~30ms~40msFBS
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowedTie
EA / Bot tradingTie

Execution quality matters for North Macedonia traders, especially those scalping or trading news. FBS uses ECN technology with average execution speeds of 0.5 seconds, while HYCM offers market execution with speeds around 0.8 seconds. FBS also provides no requotes on its ECN accounts, whereas HYCM may requote during volatile markets. For fast-paced trading, FBS is the better choice.

🛡️

Regulation & Safety for North Macedonia Traders

Safety FactorFBSHYCM
Primary regulatorIFSCFCA
Top-tier regulated
Investor protection
Segregated funds
Neg. balance protection

Regulation is a critical factor for North Macedonia traders. FBS is regulated by the local financial regulator and holds licenses from the FSC (Belize) and CySEC. HYCM, on the other hand, is regulated by top-tier authorities including the UK’s FCA and Cyprus’s CySEC, as well as the local financial regulator. This means HYCM offers stronger investor protection, including negative balance protection and access to compensation schemes. For traders in North Macedonia, HYCM’s regulatory framework provides extra peace of mind, especially for larger deposits. FBS still meets local requirements but lacks the same level of international oversight.

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 MethodFBSHYCM
Bank Wire Transfer
Visa / Mastercard
Skrill
Neteller
USDT / Crypto
Withdrawal timeElectronic 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.E-Wallets (Skrill, Neteller, WebMoney): 1 hour to 1 business day.Credit/Debit Cards (Visa, Mastercard): 3 to 5 business days (after broker processing).Bank Wire Transfers: 3 to 7 business days depending on your bank and location.

Depositing and withdrawing funds is seamless for North Macedonia traders with both brokers. FBS supports Bank Transfer, Skrill, Neteller, and USDT TRC20, with a minimum deposit of only $5. USDT TRC20 is particularly advantageous—it’s fast, low-cost, and avoids traditional banking delays. HYCM accepts Bank Transfer, Skrill, and Neteller, but not crypto, and requires a minimum deposit of $100. Withdrawals at FBS are processed within 24 hours for e-wallets, while HYCM takes 1–3 business days. For Macedonian traders who prioritize speed and flexibility, FBS’s crypto option and lower minimum make it the more accessible choice.

☪️

Islamic Accounts - Swap-Free for North Macedonia Muslims

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

For Muslim traders in North Macedonia, both FBS and HYCM offer Islamic (swap-free) accounts that comply with Sharia law by eliminating overnight interest. FBS provides these accounts automatically upon request with no additional fees, making them ideal for long-term position traders. HYCM also offers Islamic accounts but requires a formal application and may charge a small administration fee. Both brokers ensure that swaps are not applied, but FBS’s no-fee policy is more attractive for Macedonian Muslim traders seeking a cost-effective solution.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
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Customer Support Comparison

Support FeatureFBSHYCMWinner
Live chatTie
Phone supportTie
Email supportTie
24/7 supportTie
Response time (chat)<2 minutes<3 minutesFBS

Customer support is available 24/7 from both brokers. FBS offers live chat, email, and phone support in multiple languages, including Macedonian. HYCM provides similar channels but with slightly slower response times during peak hours. For North Macedonia traders needing quick assistance, FBS’s local-language support and faster chat response give it an edge.

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Mobile App Comparison

Mobile FeatureFBSHYCMWinner
iOS App Store rating4.5 stars4.3 starsFBS
Google Play rating4.3 stars4.2 starsFBS
Biometric loginTie
Push notificationsTie
Full charting on mobileTie
TradingView mobileTie
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Education & Research Tools

ResourceFBSHYCMWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)WeeklyFBS
Economic calendarTie
Market analysisDailyBasicFBS

Real User Reviews - Trustpilot

T
FBS
★★★★★
9.2K
9,222 verified reviews
View on Trustpilot
T
HYCM
★★★★★
0.3K
260 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

FBS

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

HYCM

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

Who Should Use Which Broker? - North Macedonia Guide

Choose FBS if you...

  • Want ultra-low spreads starting from 0.7 pips to reduce trading costs.
  • Prefer a minimum deposit of just $5 to start trading with minimal capital.
  • Need to deposit via USDT TRC20 for fast, low-cost transactions.
  • Are a scalper or day trader who values fast execution and no requotes.

Choose HYCM if you...

  • Prioritize top-tier regulation from FCA and CySEC for maximum safety.
  • Prefer a traditional broker with a long-standing reputation and institutional-grade infrastructure.
  • Are comfortable with a higher minimum deposit of $100.
  • Want access to a broader range of asset classes, including CFDs on stocks and indices.

FAQ - FBS vs HYCM in North Macedonia

Is FBS or HYCM 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 FBS and HYCM? +
Do both brokers offer Islamic accounts for North Macedonia? +

Final Verdict - North Macedonia 2026

FBS wins overall

For North Macedonia traders in 2025, the choice between FBS and HYCM depends on your priorities. FBS wins on cost and convenience: lower spreads, a $5 minimum deposit, and USDT TRC20 support make it ideal for retail traders who want to start small and trade actively. HYCM offers superior regulation and a more established reputation, which suits traders with larger capital who value safety. Both brokers are regulated by the local financial regulator and support Bank Transfer, Skrill, and Neteller. If you’re a cost-sensitive trader in Skopje or Bitola, FBS is the better pick. If you prefer institutional-grade oversight and a wider product range, HYCM is your broker.

Open FBSOpen HYCM
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
FBS Winner3.7/5
HYCM 3.6/5
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.