FP Markets vs IG (2026) – Full Comparison for North Macedonia Traders

When comparing trading costs for North Macedonia traders, FP Markets offers a clear edge with its Raw ECN account featuring spreads from 0.0 pips and a small commission of $3 per lot per side. IG’s standard account has spreads averaging 0.6-1.0 pips on EUR/USD, with no commission but wider spreads. For a trader executing 10 lots per month, FP Markets could save $60-100 in spreads. Both brokers have no hidden fees for deposits via Bank Transfer, Skrill, Neteller, or USDT TRC20. However, IG charges inactivity fees after two years, while FP Markets does not. Overall, cost-conscious Macedonian traders will find FP Markets more economical for high-volume trading.

FP Markets provides MetaTrader 4, MetaTrader 5, and cTrader, offering advanced charting and automated trading capabilities popular among retail traders in North Macedonia. IG offers its proprietary web platform, which is user-friendly and feature-rich, plus MetaTrader 4 for experienced users. IG’s platform includes integrated news and analysis, which benefits beginners. For Macedonian traders who prioritize algorithmic trading or custom indicators, FP Markets’ support for MT4/MT5 and cTrader is superior. IG’s platform is better for those seeking a seamless all-in-one experience with educational content. Both platforms are available in English and accessible via web, desktop, and mobile apps.

FP Markets uses ECN/STP execution with no dealing desk intervention, offering ultra-fast order processing and minimal slippage, ideal for scalpers and high-frequency traders in North Macedonia. IG uses market maker execution for most retail accounts, which can lead to requotes during volatile periods. FP Markets’ average execution speed is under 40ms, while IG’s is slightly slower at around 100ms. For traders prioritizing speed and transparency, FP Markets is the better choice. IG’s execution is still reliable for swing and position traders.

Neither FP Markets nor IG is regulated by North Macedonia’s local financial regulator, but both operate under stringent international oversight. FP Markets is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC). IG is regulated by the UK’s Financial Conduct Authority (FCA), the US Commodity Futures Trading Commission (CFTC), and other top-tier bodies. For North Macedonia traders, this means client funds are held in segregated accounts and negative balance protection is offered (where applicable). While local regulation is absent, these international licenses provide a high level of security. Traders should verify the specific entity they open an account with, as terms may vary by region.

Depositing and withdrawing funds is straightforward for North Macedonia traders at both FP Markets and IG. They accept Bank Transfer (SEPA or international), Skrill, Neteller, and USDT TRC20. FP Markets also supports credit/debit cards and other cryptocurrencies, while IG adds PayPal. USDT TRC20 deposits are processed instantly with near-zero fees, ideal for crypto-friendly traders. Bank transfers take 1-3 business days, while e-wallets are instant. Withdrawals are similarly fast: e-wallets take 24 hours, bank transfers up to 3 days. FP Markets has no withdrawal fees, while IG may charge for bank transfers in some cases. Minimum deposits: FP Markets requires $100, IG has no minimum for most methods. Both brokers process withdrawals efficiently, making them practical for Macedonian traders.

Both FP Markets and IG offer Islamic (swap-free) accounts for Muslim traders in North Macedonia who require Sharia-compliant trading. FP Markets provides swap-free accounts on request for all account types, including Standard and Raw ECN, with no additional charges. IG offers Islamic accounts for its CFD and spread betting products, but these are not available for all instruments (e.g., some indices may incur holding costs). FP Markets’ policy is more flexible, allowing long-term positions without swap fees. Traders should confirm eligibility and any specific conditions, such as account type restrictions or minimum trade duration, before opening an Islamic account. Both brokers respect religious requirements, making them suitable for Macedonian Muslim traders.

FP Markets offers 24/5 customer support via live chat, email, and phone, with agents available in English. IG provides 24/7 support for account and technical issues, also in English. For North Macedonia traders, response times are similar—typically under 5 minutes for live chat. IG has a slight edge with its extensive FAQ and community forums. Neither broker offers Macedonian language support, but English proficiency is generally high among traders. Both are reliable, but IG’s round-the-clock availability is beneficial for traders operating outside standard hours.