Which broker is better for North Macedonia traders in 2026? Expert analysis across 12 categories.
For retail traders in North Macedonia, choosing between FXTM and Admirals is a common dilemma. Both brokers are well-established, regulated by the local financial regulator, and offer trading in major forex pairs, indices, commodities, and cryptocurrencies. FXTM (ForexTime) has a strong global presence with over 5 million clients, while Admirals (formerly Admiral Markets) is known for its robust trading tools and educational resources. North Macedonia traders benefit from local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, making deposits and withdrawals convenient. In this comparison, we evaluate spreads, platforms, regulation, and account features to help you decide which broker suits your trading style and local needs in 2026.
| Instrument | FXTM | Admirals | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Admirals |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Admirals |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Admirals |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Admirals |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $200 | $1 | Admirals |
FXTM offers tighter spreads for North Macedonia traders, especially on its ECN account where EUR/USD spreads start from 0.1 pips with a small commission. Admirals spreads start from 0.5 pips on its Zero account and 1.2 pips on standard accounts. For traders executing high volumes (e.g., 10+ lots per month), FXTM’s cost structure is more competitive. However, Admirals has lower swap rates for long-term positions, which may benefit traders holding overnight positions in MKD-denominated accounts.
| Account Type | FXTM | Admirals |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✓ | ✗ |
| Min deposit | $200 | $1 |
| Entity / Asset | FXTM | Admirals |
|---|---|---|
| North Macedonia (offshore) | Up to 1:3000 | Up to 1:500 |
| Forex major pairs | 1:3000 | 1:500 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | FXTM | Admirals | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FXTM |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FXTM |
| Crypto CFDs | ✗ | 20+ | FXTM |
| Stocks / Share CFDs | ✗ | 1,700+ | Admirals |
| ETFs | ✗ | ✓ | Tie |
| Platform | FXTM | Admirals |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers provide MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are popular among North Macedonia traders for their advanced charting and automated trading. FXTM also offers its proprietary FXTM Trader app for mobile trading with integrated news and analysis. Admirals provides the WebTrader platform and a dedicated Android/iOS app with one-click trading. For North Macedonia traders who prefer algorithmic trading, both brokers support Expert Advisors (EAs) on MT4/MT5.
| Factor | FXTM | Admirals | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Admirals |
| Avg execution speed | ~30ms | ~40ms | FXTM |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
FXTM provides ECN execution with average order execution speed of 0.1 seconds and no requotes, which is beneficial for scalpers and high-frequency traders in North Macedonia. Admirals uses a market execution model with speeds around 0.3 seconds, which is still reliable for most retail traders. Both brokers offer negative balance protection, ensuring traders cannot lose more than their deposit.
| Safety Factor | FXTM | Admirals |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
FXTM is regulated by the local financial regulator in North Macedonia, ensuring compliance with local laws and client fund protection. Admirals is also authorized by the same regulator, offering similar safeguards such as segregated accounts and negative balance protection. Both brokers are required to follow strict capital adequacy and reporting standards, giving North Macedonia traders peace of mind. However, FXTM has additional licenses from CySEC and FCA, which adds an extra layer of oversight.
| Payment Method | FXTM | Admirals |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | 24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days. | e-wallets take instant to 1 business day, credit/debit cards take 1 business day, and bank transfers take 1 to 3 business days. |
North Macedonia traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both FXTM and Admirals. FXTM supports a wider range of local payment methods, including direct bank transfers from Macedonian banks with no fees. Admirals charges a small fee for Skrill and Neteller deposits (1-2%). Withdrawals are processed within 1-2 business days for e-wallets and 2-5 days for bank transfers. USDT TRC20 deposits are instant and free at FXTM, while Admirals processes them within 24 hours. Both brokers accept deposits in USD, which is the base currency for North Macedonia accounts.
| Islamic Account Feature | FXTM | Admirals |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both FXTM and Admirals offer Islamic (swap-free) accounts for Muslim traders in North Macedonia. FXTM provides swap-free accounts on all account types (Standard, ECN, and Cent) with no extra charges, making it ideal for traders observing Sharia law. Admirals also offers Islamic accounts but applies a small administrative fee if positions are held for more than 10 days. For long-term Muslim traders in North Macedonia, FXTM’s zero-fee swap-free accounts are more cost-effective.
| Support Feature | FXTM | Admirals | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FXTM |
FXTM offers 24/5 multilingual customer support via live chat, email, and phone, with dedicated support for North Macedonia traders in English and regional languages. Admirals also provides 24/5 support but has limited live chat hours on weekends. Both brokers have extensive FAQ sections and educational resources, but FXTM’s response time is generally faster (under 2 minutes).
| Mobile Feature | FXTM | Admirals | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FXTM |
| Google Play rating | 4.3 stars | 4.2 stars | FXTM |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | FXTM | Admirals | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FXTM |
Choose FXTM if you...
Choose Admirals if you...
For retail traders in North Macedonia, FXTM (4.3/5) edges out Admirals (4.1/5) due to tighter spreads, more flexible deposit methods including USDT TRC20 and Skrill, and a zero-fee Islamic account option. Both brokers are regulated by the local financial regulator, ensuring a safe trading environment. Admirals remains a strong choice for traders focused on education and long-term investing, but FXTM’s lower costs and faster execution make it the better pick for active traders. Ultimately, your choice depends on whether you prioritize cost efficiency (FXTM) or educational resources (Admirals).