HomeCompareFBS vs LibertexNorth Macedonia
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Complete Head-to-Head Comparison · 2026

FBS vs Libertex: Comprehensive Comparison for North Macedonia Traders (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
LI
Libertex
CySEC · Founded 1997
Open Account
Winner: Libertex
Categories: 12 compared
For: North Macedonia traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — North Macedonia Traders

Best Overall
Libertex
Higher overall score & more features
Best Spreads
Libertex
Lower trading costs for scalpers
Islamic Accounts
FBS
Swap-free for North Macedonia Muslims
Best for Beginners
Libertex
Better education & support
$5 vs $10
Min deposit
1:3000 vs 1:999
Max leverage
CySEC vs CySEC
Top regulator
3.7 vs 3.8
Our scores
Table of Contents

For retail traders in North Macedonia, choosing between FBS and Libertex is a pivotal decision in 2025. Both brokers hold a 3.7/5 rating, but they cater to different trading preferences. FBS is known for its ultra-low spreads and high leverage options, ideal for active forex traders in cities like Skopje, Bitola, and Kumanovo. Libertex, on the other hand, offers a broader asset selection including stocks, ETFs, and cryptocurrencies, appealing to traders seeking diversification beyond forex. With local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, both brokers ensure smooth deposits and withdrawals for North Macedonia residents. The local financial regulator oversees compliance, though both operate under international licenses. This comparison breaks down costs, platforms, regulation, and account features to help you decide based on your specific trading goals in the Macedonian market.

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Overall Scores Comparison

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

Trading Costs - Spreads & Commissions

InstrumentFBSLibertexWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotLibertex
XAU/USD (Gold)$0.14 typical$0.12 typicalLibertex
GBP/USD avg spread0.29 pips0.23 pipsLibertex
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsLibertex
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$5$10Libertex

When comparing trading costs for North Macedonia traders, FBS typically offers lower spreads on major forex pairs. For example, EUR/USD spreads start from 0.2 pips on FBS’s Cent and ECN accounts, while Libertex’s standard spread is around 0.5 pips. For a trader executing $50,000 monthly volume, FBS can save approximately $150 in spread costs annually. Libertex, however, charges no commission on most trades, making it cost-effective for lower-volume traders. Both brokers have variable spreads that can widen during news events, but FBS’s raw spreads are consistently tighter. North Macedonia traders should consider their average trade size and frequency to determine which fee structure aligns better with their strategy.

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Account Types Comparison

Account TypeFBSLibertex
Standard account
ECN / Raw spread
Islamic (swap-free)
Demo account
PAMM / MAM account
Zero spread account
Copy trading
Min deposit$5$10
⚖️

Leverage Comparison - North Macedonia Traders

Entity / AssetFBSLibertex
North Macedonia (offshore)Up to 1:3000Up to 1:999
Forex major pairs1:30001:999
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 ClassFBSLibertexWinner
Forex pairs90+65+FBS
Gold (XAU/USD)Tie
Oil (WTI/Brent)Tie
Stock indices25+ indices20+ indicesFBS
Crypto CFDs30+20+FBS
Stocks / Share CFDsLibertex
ETFsTie
🖥️

Platforms Comparison

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

FBS provides the MetaTrader 4 and MetaTrader 5 platforms, widely preferred by retail traders in North Macedonia for their advanced charting tools, automated trading via Expert Advisors, and fast execution. Libertex offers its proprietary web and mobile platform, which is user-friendly but lacks the depth of MT4/MT5. For North Macedonia traders who rely on algorithmic strategies or custom indicators, FBS is the stronger choice. Libertex’s platform is better for beginners wanting a simple interface with one-click trading. Both platforms support mobile trading, essential for traders on the go in North Macedonia. Libertex also includes a demo account with virtual funds, while FBS offers unlimited demo access for practice.

Execution Quality - Speed & Slippage

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

FBS boasts fast execution speeds with an average of 0.3 seconds on ECN accounts, suitable for scalpers in North Macedonia. Libertex’s execution is slightly slower at around 0.5 seconds but still reliable for most retail traders. Both brokers use No Dealing Desk (NDD) execution, reducing requotes. FBS’s liquidity providers ensure tight spreads during volatile sessions, while Libertex’s execution is consistent across all account types. For high-frequency traders, FBS has a slight edge in speed.

🛡️

Regulation & Safety for North Macedonia Traders

Safety FactorFBSLibertex
Primary regulatorIFSCCySEC
Top-tier regulated
Investor protection
Segregated funds
Neg. balance protection

FBS is regulated by the International Financial Services Commission (IFSC) of Belize, while Libertex holds a license from the Cyprus Securities and Exchange Commission (CySEC). For North Macedonia traders, neither broker is directly supervised by the local financial regulator, but both comply with international standards that protect client funds. FBS offers negative balance protection and segregated accounts, similar to Libertex. The absence of local regulation means traders should exercise due diligence, but both brokers have a solid track record. The local financial regulator in North Macedonia does not restrict access to these international brokers, so traders can operate legally. Always check the broker’s current licensing status on their website for the latest updates.

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 MethodFBSLibertex
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.5 business days

Depositing and withdrawing funds is straightforward for North Macedonia traders at both FBS and Libertex. Both brokers accept Bank Transfer, Skrill, Neteller, and USDT TRC20. FBS has a minimum deposit of $10, making it accessible for small retail traders, while Libertex requires $50. Deposits via e-wallets (Skrill, Neteller) and USDT TRC20 are instant at both brokers, while bank transfers take 1-3 business days. Withdrawals are processed within 24 hours for e-wallets and crypto, and 2-5 days for bank transfers. FBS charges no withdrawal fees, but Libertex may apply a small fee for bank transfers. USDT TRC20 is particularly useful for North Macedonia traders wanting low-cost, fast transactions without currency conversion issues. Always verify your account before making large withdrawals.

☪️

Islamic Accounts - Swap-Free for North Macedonia Muslims

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

Both FBS and Libertex offer Islamic (swap-free) accounts for Muslim traders in North Macedonia who wish to trade without earning or paying interest. FBS provides swap-free accounts upon request via customer support, applicable to all forex and CFD pairs. Libertex automatically applies swap-free status to all accounts, which is more convenient. Neither broker charges extra fees for Islamic accounts, and leverage remains the same as standard accounts. For North Macedonia’s Muslim community, Libertex’s automatic process is simpler, while FBS requires a manual request but offers the same benefits. Both brokers ensure compliance with Sharia law by not charging overnight rollover fees.

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

Customer support for North Macedonia traders is available 24/7 from both FBS and Libertex. FBS offers live chat, email, and phone support in multiple languages, including English. Libertex provides similar channels with a dedicated support team. Response times are generally under 5 minutes for live chat at both brokers. FBS also has a comprehensive FAQ section covering local payment methods. For traders in North Macedonia, both brokers offer reliable support, though FBS’s multilingual team may be slightly more accessible for specific queries.

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Mobile App Comparison

Mobile FeatureFBSLibertexWinner
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
📚

Education & Research Tools

ResourceFBSLibertexWinner
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
Libertex
★★★★★
8.5K
8,500 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

FBS

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

Libertex

Pros
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - North Macedonia Guide

Choose FBS if you...

  • Trade forex pairs frequently and want ultra-low spreads
  • Use MetaTrader 4 or 5 for automated trading with Expert Advisors
  • Prefer a low minimum deposit of $10 for starting small
  • Need fast execution for scalping strategies in North Macedonia

Choose Libertex if you...

  • Want a wide range of CFDs including stocks, ETFs, and crypto
  • Prefer a simple, proprietary platform without complex tools
  • Desire automatic Islamic account status without manual requests
  • Value no commission on trades and fixed spreads for predictability

FAQ - FBS vs Libertex in North Macedonia

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

Final Verdict - North Macedonia 2026

Libertex wins overall

For North Macedonia retail traders in 2025, both FBS and Libertex offer solid options, but your choice hinges on trading style. FBS excels for forex-focused traders seeking low spreads, fast execution, and MT4/MT5 compatibility, supported by local payments like Bank Transfer, Skrill, Neteller, and USDT TRC20. Libertex suits those wanting diversified CFDs and a user-friendly platform with automatic Islamic accounts. The local financial regulator’s oversight ensures both operate legally, though neither is locally licensed. Ultimately, FBS is better for active forex scalpers, while Libertex appeals to long-term investors. Test both with demo accounts to see which aligns with your goals in the Macedonian market.

Open FBSOpen Libertex
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 3.7/5
Libertex Winner3.8/5
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.