FP Markets vs FXTM (2026): In-Depth Comparison for North Macedonia Traders

For North Macedonia traders, trading costs are a primary factor. FP Markets offers raw spreads from 0.0 pips on its Raw account, with a commission of $3 per lot per side. This is ideal for scalpers and high-volume traders. FXTM's spreads start from 1.3 pips on its Standard account and 0.1 pips on its ECN account with a commission. Over 100 lots per month, FP Markets can save traders up to $200 in spread costs compared to FXTM, making it the more cost-effective option for active traders in North Macedonia.

FP Markets provides MetaTrader 4, MetaTrader 5, and cTrader, giving North Macedonia traders access to advanced charting, algorithmic trading, and a wide range of indicators. cTrader is particularly popular for its intuitive interface and depth of market. FXTM offers MT4 and MT5, plus its proprietary FXTM Trader app for mobile trading. While both brokers offer reliable platforms, FP Markets' inclusion of cTrader gives it an edge for traders who prefer advanced order types and transparency.

FP Markets boasts ultra-fast execution with an average speed of 40 milliseconds, thanks to its Equinix NY4 data center and deep liquidity pool. This is ideal for scalpers and algo traders in North Macedonia. FXTM executes trades in under 100 milliseconds, which is still competitive. For high-frequency trading, FP Markets has a clear advantage in execution quality.

FP Markets is regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC), offering strong client protection. FXTM is regulated by CySEC, the Financial Conduct Authority (FCA) in the UK, and the Financial Services Commission (FSC) in Mauritius. For North Macedonia traders, both brokers provide a safe trading environment. However, FP Markets' ASIC regulation is widely regarded as one of the strictest, while FXTM's FCA regulation offers UK-level protection. Neither broker is regulated by the local financial regulator in North Macedonia, but both comply with international standards.

Depositing and withdrawing funds is straightforward for North Macedonia traders at both brokers. FP Markets supports Bank Transfer (free, 1-3 days), Skrill (instant, no fee), Neteller (instant, no fee), and USDT TRC20 (instant, low fee). FXTM also accepts Bank Transfer, Skrill, Neteller, and USDT TRC20, along with credit/debit cards and local bank transfers. Minimum deposits are $100 for FP Markets and $10 for FXTM, making FXTM more accessible for beginners. Withdrawals are processed within 24 hours at both brokers, with Skrill and Neteller offering the fastest payouts. USDT TRC20 is a convenient option for traders who prefer cryptocurrency transactions.

Both FP Markets and FXTM offer Islamic (swap-free) accounts for Muslim traders in North Macedonia. FP Markets provides Islamic accounts on all account types, including Standard, Raw, and cTrader, with no swap charges on overnight positions. FXTM also offers Islamic accounts on its Standard and ECN accounts, but conditions may vary. FP Markets does not charge any additional fees for Islamic accounts, while FXTM may apply a small administrative fee on certain instruments. For Muslim traders in North Macedonia, FP Markets is the more transparent and cost-effective option.

FP Markets offers 24/5 multilingual customer support via live chat, email, and phone. Their team is responsive and knowledgeable, with dedicated support for North Macedonia clients. FXTM also provides 24/5 support in multiple languages, including live chat and email. Both brokers have extensive FAQ sections. FP Markets' support is slightly faster, with average response times under 30 seconds for live chat.