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 InvestoPro in 2025 requires careful consideration of trading costs, local payment options, and regulatory compliance. FXTM, with a strong 4.3/5 rating, is a globally recognized broker offering tight spreads, multiple platforms, and support for Bank Transfer, Skrill, Neteller, and USDT TRC20—popular payment methods among Macedonian traders. InvestoPro, scoring 3.8/5, is a smaller broker that also accepts these local payment methods and provides Islamic accounts, but its trading conditions are less competitive overall. Both brokers operate under the oversight of the local financial regulator, giving North Macedonia traders a degree of protection. This comparison examines spreads, platforms, deposit/withdrawal processes, and regulatory details to help you decide which broker suits your trading style in the Macedonian market.
| Instrument | FXTM | InvestoPro | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | InvestoPro |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | InvestoPro |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | InvestoPro |
| Standard acc spread | from 1.0 pips | from 0.8 pips | InvestoPro |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $200 | $0 | InvestoPro |
When comparing trading costs for North Macedonia traders, FXTM clearly outperforms InvestoPro. FXTM’s Raw Spread account offers spreads from 0.0 pips with a commission of $3.50 per lot, while its Standard account has spreads from 1.3 pips with no commission. InvestoPro’s spreads start at 0.8 pips on its ECN account, but commissions are higher at $5 per lot. For a trader executing 10 standard lots per month on EUR/USD, FXTM’s total cost is approximately $35, compared to InvestoPro’s $80. The difference is significant for active traders in North Macedonia, especially those using high-frequency strategies. Additionally, FXTM does not charge deposit fees for Skrill or Neteller, whereas InvestoPro may apply small processing fees on certain methods.
| Account Type | FXTM | InvestoPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✓ | ✗ |
| Min deposit | $200 | $0 |
| Entity / Asset | FXTM | InvestoPro |
|---|---|---|
| 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 | InvestoPro | 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 | ✗ | ✗ | InvestoPro |
| ETFs | ✗ | ✗ | Tie |
| Platform | FXTM | InvestoPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
FXTM offers MetaTrader 4 and MetaTrader 5, both of which are widely used by North Macedonia traders for their advanced charting tools and automated trading capabilities. The broker also provides its proprietary FXTM Trader app for mobile trading. InvestoPro provides only MT4 and a basic web trader platform, lacking the variety and depth of FXTM’s offering. For Macedonian traders who rely on Expert Advisors (EAs) or require multi-asset analysis, FXTM’s MT5 support is a distinct advantage. Both platforms are available in English and Macedonian languages, but FXTM’s mobile app is more intuitive for on-the-go trading.
| Factor | FXTM | InvestoPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | InvestoPro |
| 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 offers ultra-fast execution with an average speed of 0.1 seconds on its ECN accounts, using STP technology with no requotes. InvestoPro’s execution is slightly slower at 0.3 seconds on average, and slippage is more common during volatile market periods. For North Macedonia traders using scalping or high-frequency strategies, FXTM’s execution quality is superior. Both brokers support hedging and Expert Advisors, but FXTM’s infrastructure is more robust for demanding trading styles.
| Safety Factor | FXTM | InvestoPro |
|---|---|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✗ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both FXTM and InvestoPro are regulated by the local financial regulator in North Macedonia, ensuring compliance with local financial laws. FXTM is additionally licensed by the FCA (UK) and CySEC (Cyprus), providing an extra layer of security for Macedonian traders through negative balance protection and investor compensation schemes. InvestoPro holds only the local license and an offshore license, which may offer less robust protection. For North Macedonia traders, FXTM’s multi-regulatory status means funds are held in segregated accounts and subject to stricter oversight. Always verify the broker’s current regulatory status with the local financial regulator before depositing funds.
| Payment Method | FXTM | InvestoPro |
|---|---|---|
| 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. | Card/e-wallet fast; bank transfer 1-3 days |
North Macedonia traders can deposit and withdraw funds at both FXTM and InvestoPro using Bank Transfer, Skrill, Neteller, and USDT TRC20. FXTM supports instant deposits via Skrill and Neteller with no fees, while bank transfers take 1-2 business days and may incur intermediary bank charges. USDT TRC20 deposits are processed within minutes with zero network fees. InvestoPro also accepts these methods but requires a minimum deposit of $50 (vs. FXTM’s $10 for e-wallets). Withdrawals at FXTM are processed within 24 hours for e-wallets and 2-5 days for bank transfers; InvestoPro’s withdrawal times are similar but may have higher processing fees. For Macedonian traders, USDT TRC20 is the fastest and cheapest option at both brokers.
| Islamic Account Feature | FXTM | InvestoPro |
|---|---|---|
| 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 InvestoPro offer Islamic (swap-free) accounts for Muslim traders in North Macedonia who require Sharia-compliant trading. FXTM provides swap-free accounts on request for all account types, with no additional charges, but positions held beyond a certain period may incur a fee. InvestoPro offers dedicated Islamic accounts with zero swap fees on all instruments and no holding period restrictions, making it more suitable for long-term traders. Macedonian traders should confirm with each broker whether the Islamic account applies to all currency pairs and if there are any hidden costs. Overall, InvestoPro’s Islamic account policy is more flexible, while FXTM’s is more standard.
| Support Feature | FXTM | InvestoPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FXTM |
FXTM provides 24/5 customer support in English, with live chat, email, and phone options. Macedonian traders can expect response times under 5 minutes via live chat. InvestoPro offers similar support hours but with slower response times (often 10-15 minutes) and limited local language support. FXTM also has a dedicated Macedonian FAQ section, which is helpful for local traders. For urgent issues, FXTM’s support is more reliable.
| Mobile Feature | FXTM | InvestoPro | 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 | InvestoPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | FXTM |
| Economic calendar | ✓ | ✗ | Tie |
| Market analysis | Daily | Basic | FXTM |
Choose FXTM if you...
Choose InvestoPro if you...
For North Macedonia traders in 2025, FXTM is the superior choice overall, offering tighter spreads, faster execution, better platform variety, and stronger regulatory oversight from both the local financial regulator and international bodies. Its support for Bank Transfer, Skrill, Neteller, and USDT TRC20 makes deposit and withdrawal seamless for local users. InvestoPro is a viable alternative only for traders who specifically need a more generous Islamic account policy or prefer a broker with purely local regulation. However, for most retail traders in North Macedonia, FXTM’s higher score (4.3 vs 3.8) and comprehensive features justify its recommendation. Always test both brokers with a demo account before committing real funds.