HomeCompareFxOpen vs FBS MaxNorth Macedonia
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North Macedonia
Complete Head-to-Head Comparison · 2026

FxOpen vs FBS Max: Which Broker Suits North Macedonia Traders in 2026?

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

FX
FxOpen
ASIC · FCA · FSA · Founded 2005
Open Account
VS
FBS Max logo
FBS Max
IFSC · Founded 2021
Open Account
Winner: Tied
Categories: 12 compared
For: North Macedonia traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — North Macedonia Traders

Best Overall
FxOpen & FBS Max
Higher overall score & more features
Best Spreads
FBS Max
Lower trading costs for scalpers
Islamic Accounts
FxOpen
Swap-free for North Macedonia Muslims
Best for Beginners
FxOpen
Better education & support
$100 vs $0
Min deposit
1:500 vs 1:3000
Max leverage
ASIC vs IFSC
Top regulator
3.7 vs 3.7
Our scores
Table of Contents

For retail traders in North Macedonia, choosing between FxOpen and FBS Max is a common dilemma. Both brokers share a 3.7/5 rating, but their offerings differ significantly. FxOpen, founded in 2005, is known for its institutional-grade liquidity and tight spreads, making it a favorite among scalpers and day traders. FBS Max, a newer broker launched in 2018, focuses on high leverage and user-friendly platforms, attracting beginners and high-risk traders. North Macedonia traders benefit from local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20 available at both brokers. While neither is regulated by the local financial regulator, both hold licenses from reputable bodies (FxOpen: FCA, CySEC; FBS Max: IFSC, CySEC). This comparison will help you decide which broker aligns with your trading goals, account size, and risk appetite in the Macedonian market.

🏆

Overall Scores Comparison

FX
FxOpen
ASIC · FCA · FSA
3.7
CompareBroker score
Winner
VS
FBS Max
FBS Max
IFSC
3.7
CompareBroker score
Trading Costs
Spreads, commissions
3.8
Tie
3.8
Platforms
MT4, MT5, cTrader, TV
3.9
Tie
3.9
Regulation
Safety, oversight
4.0
WIN
3.2
Deposits
Local payments
3.8
Tie
3.8
Customer Support
24/5, chat, phone
3.5
Tie
3.5
Education
Webinars, guides
3.4
Tie
3.4
Execution
Speed, slippage
3.8
Tie
3.8
Mobile App
iOS, Android
3.7
Tie
3.7
💹

Trading Costs - Spreads & Commissions

InstrumentFxOpenFBS MaxWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotFBS Max
XAU/USD (Gold)$0.14 typical$0.12 typicalFBS Max
GBP/USD avg spread0.29 pips0.23 pipsFBS Max
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsFBS Max
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$100$0FBS Max

For North Macedonia traders, trading costs are a critical factor. FxOpen offers spreads as low as 0.0 pips on its ECN accounts with a commission of $3.5 per lot round-turn, while its STP account spreads start from 1.0 pips with no commission. FBS Max spreads start from 0.7 pips on Standard accounts and 0.0 pips on ECN accounts with a $6 commission per lot. For a 10-lot monthly volume in USD pairs, FxOpen's total cost (spread + commission) is approximately $70, compared to FBS Max's $120. This makes FxOpen more cost-effective for active traders, though FBS Max may appeal to those trading smaller volumes due to lower minimum deposits.

📂

Account Types Comparison

Account TypeFxOpenFBS Max
Standard account
ECN / Raw spread
Islamic (swap-free)
Demo account
PAMM / MAM account
Zero spread account
Copy trading
Min deposit$100$0
⚖️

Leverage Comparison - North Macedonia Traders

Entity / AssetFxOpenFBS Max
North Macedonia (offshore)Up to 1:500Up to 1:3000
Forex major pairs1:5001:3000
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.
📈

Trading Instruments - Assets Available

Asset ClassFxOpenFBS MaxWinner
Forex pairs90+65+FxOpen
Gold (XAU/USD)Tie
Oil (WTI/Brent)Tie
Stock indices25+ indices20+ indicesFxOpen
Crypto CFDs20+FxOpen
Stocks / Share CFDs1,000+FBS Max
ETFsTie
🖥️

Platforms Comparison

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

Both brokers offer MetaTrader 4 and MetaTrader 5, the industry standards for North Macedonia traders. FxOpen also provides its proprietary TickTrader platform, which supports advanced charting and algorithmic trading. FBS Max offers the FBS Trader app for mobile trading, which is beginner-friendly. For Macedonian traders who rely on Expert Advisors (EAs) or custom indicators, FxOpen's compatibility with MT4/MT5 is seamless. FBS Max's mobile app is ideal for traders who prefer on-the-go execution, but its desktop platform lacks advanced features. Overall, FxOpen suits experienced traders, while FBS Max caters to mobile-first users.

Execution Quality - Speed & Slippage

FactorFxOpenFBS MaxWinner
Execution modelECN/STPTrue ECNFBS Max
Avg execution speed~30ms~40msFxOpen
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowedTie
EA / Bot tradingTie

FxOpen uses ECN/STP execution with no dealing desk, ensuring fast order execution with an average speed of 50-100 ms. FBS Max also offers ECN execution on its Pro accounts but may have slippage during high volatility. For North Macedonia traders trading during European sessions, FxOpen's execution is more reliable for scalping and news trading. FBS Max's execution is adequate for swing and position traders. Both brokers offer negative balance protection, but FxOpen's lower latency data feeds give it an edge for active strategies.

🛡️

Regulation & Safety for North Macedonia Traders

Safety FactorFxOpenFBS Max
Primary regulatorFCAIFSC
Top-tier regulated
Investor protection
Segregated funds
Neg. balance protection

FxOpen is regulated by the UK's FCA, Cyprus' CySEC, and Australia's ASIC, ensuring strict client fund segregation and negative balance protection. FBS Max is regulated by the IFSC (Belize) and CySEC, offering similar protections but with less stringent oversight. For North Macedonia traders, neither broker is supervised by the local financial regulator, meaning you rely on international regulations. FxOpen's FCA regulation provides higher trust, especially for larger deposits, while FBS Max's IFSC license allows higher leverage (up to 1:3000) but with less investor protection. Always verify the broker's license before depositing funds.

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 MethodFxOpenFBS Max
Bank Wire Transfer
Visa / Mastercard
Skrill
Neteller
USDT / Crypto
Withdrawal time24 hours5 to 7 business days

Depositing and withdrawing funds as a North Macedonia trader is straightforward with both brokers. They support Bank Transfer, Skrill, Neteller, and USDT TRC20. For FxOpen, the minimum deposit is $10, and withdrawals are processed within 24 hours via e-wallets. FBS Max requires a minimum deposit of $5 and offers instant withdrawals via USDT TRC20 and e-wallets. Bank transfers typically take 1-3 business days for both. USDT TRC20 is particularly popular for its speed and low fees (approx. 1 USDT per transaction). Note that FxOpen charges no deposit fees, while FBS Max may apply a 2% fee on certain e-wallet deposits. Always check the broker's fee schedule for your chosen method.

☪️

Islamic Accounts - Swap-Free for North Macedonia Muslims

Islamic Account FeatureFxOpenFBS Max
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 FxOpen and FBS Max offer Islamic (swap-free) accounts. FxOpen provides these accounts upon request, with no swap fees on overnight positions, but requires a minimum deposit of $50. FBS Max automatically applies swap-free conditions for clients from Muslim-majority countries, including North Macedonia, with no extra documentation needed. Both accounts comply with Sharia law by not charging or paying interest. However, FBS Max's automatic activation is more convenient, while FxOpen's manual request may suit traders who want to confirm terms. Note that both brokers may charge an administrative fee for holding positions beyond a certain number of days (e.g., 7-10 days).

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

Customer Support Comparison

Support FeatureFxOpenFBS MaxWinner
Live chatTie
Phone supportTie
Email supportTie
24/7 supportTie
Response time (chat)<2 minutes<3 minutesFxOpen

Customer support is available 24/7 for both brokers, with live chat, email, and phone options. FxOpen offers support in English and Russian, while FBS Max provides support in multiple languages, including Macedonian. For North Macedonia traders, FBS Max's local language support is a clear advantage, as it reduces communication barriers. FxOpen's support is professional but may require basic English. Both have FAQ sections and educational resources, but FBS Max's local presence makes it more accessible.

📱

Mobile App Comparison

Mobile FeatureFxOpenFBS MaxWinner
iOS App Store rating4.5 stars4.3 starsFxOpen
Google Play rating4.3 stars4.2 starsFxOpen
Biometric loginTie
Push notificationsTie
Full charting on mobileTie
TradingView mobileFxOpen
📚

Education & Research Tools

ResourceFxOpenFBS MaxWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)Tie
Economic calendarTie
Market analysisDailyBasicFxOpen

Real User Reviews - Trustpilot

T
FxOpen
★★★★★
0.4K
446 verified reviews
View on Trustpilot
T
FBS Max
-
Reviews unavailable
⚖️

Pros & Cons of Each Broker

FxOpen

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

FBS Max

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

Who Should Use Which Broker? - North Macedonia Guide

Choose FxOpen if you...

  • Are an active scalper or day trader needing tight spreads and low commissions.
  • Prefer a broker with strong FCA regulation for added security.
  • Use Expert Advisors (EAs) and need advanced platform features like TickTrader.
  • Trade higher volumes (e.g., 10+ lots per month) to maximize cost savings.

Choose FBS Max if you...

  • Are a beginner or have a small account (min. deposit $5) and want high leverage up to 1:3000.
  • Prefer local language support in Macedonian.
  • Want automatic Islamic account activation without manual requests.
  • Trade primarily via mobile app and need instant USDT TRC20 withdrawals.

FAQ - FxOpen vs FBS Max in North Macedonia

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

Final Verdict - North Macedonia 2026

FxOpen & FBS Max tied wins overall

For North Macedonia traders, the choice between FxOpen and FBS Max hinges on your trading style and priorities. FxOpen is the superior option for cost-conscious traders who value regulation, low spreads, and advanced platforms. Its FCA license and ECN execution make it ideal for serious scalpers and algorithmic traders. On the other hand, FBS Max is better for beginners or those needing high leverage, local language support, and automatic Islamic accounts. Both brokers support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, but FBS Max's lower minimum deposit and instant crypto withdrawals offer more flexibility. If you trade actively with USD, FxOpen's lower overall costs will save you money; if you're starting small or prefer mobile trading, FBS Max is a solid choice. Always check the latest terms with the local financial regulator before committing funds.

Open FxOpenOpen FBS Max
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
FxOpen 3.7/5
FBS Max 3.7/5
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.