FXTM vs Plus500: Which Broker is Better for North Macedonia Traders in 2026?
Which broker is better for North Macedonia traders in 2026? Expert analysis across 12 categories.
Quick Verdict — North Macedonia Traders
For North Macedonia traders looking to trade forex, CFDs, and commodities, choosing between FXTM and Plus500 is a critical decision. FXTM, scoring 4.3 out of 5, is a well-established broker with a strong global presence and tailored services for retail traders. Plus500, scoring 3.7 out of 5, is a user-friendly platform known for its simplicity and no-frills approach. Both brokers accept clients from North Macedonia and are regulated by the local financial regulator, ensuring a legal and secure trading environment. However, FXTM offers more diverse account types, better educational resources, and support for local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. Plus500 is ideal for traders who prefer a straightforward platform with no commissions. This comparison will help North Macedonia traders decide which broker aligns with their trading style, budget, and local needs.
Overall Scores Comparison
Trading Costs - Spreads & Commissions
| Instrument | FXTM | Plus500 | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Plus500 |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Plus500 |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Plus500 |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Plus500 |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $200 | $100 | Plus500 |
When comparing trading costs for North Macedonia traders, FXTM generally offers lower spreads on major forex pairs, with raw spreads starting from 0.0 pips on its ECN accounts. Plus500 uses variable spreads that can be wider, especially during news events or low liquidity. For traders executing high volumes, FXTM's cost structure is more favorable, while Plus500's commission-free model is simpler for smaller trades. Spread differences can significantly impact profitability for active North Macedonia traders trading in USD.
Account Types Comparison
| Account Type | FXTM | Plus500 |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✓ | ✗ |
| Min deposit | $200 | $100 |
Leverage Comparison - North Macedonia Traders
| Entity / Asset | FXTM | Plus500 |
|---|---|---|
| North Macedonia (offshore) | Up to 1:3000 | Up to 1:300 |
| Forex major pairs | 1:3000 | 1:300 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
Trading Instruments - Assets Available
| Asset Class | FXTM | Plus500 | 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+ | Plus500 |
| ETFs | ✗ | ✓ | Tie |
Platforms Comparison
| Platform | FXTM | Plus500 |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✗ |
| Hedging allowed | ✓ | ✗ |
FXTM provides the MetaTrader 4 and MetaTrader 5 platforms, which are powerful and customizable, ideal for North Macedonia traders who use technical analysis and automated trading. Plus500 offers its proprietary web and mobile platform, which is intuitive and beginner-friendly but lacks advanced charting tools. For traders in North Macedonia who value advanced features, FXTM is better; for simplicity, Plus500 works well.
Execution Quality - Speed & Slippage
| Factor | FXTM | Plus500 | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Plus500 |
| 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 fast execution with no requotes on its ECN accounts, ideal for scalpers and day traders. Plus500 uses a market maker model, which can lead to slippage during volatile markets. For North Macedonia traders who prioritize speed and transparency, FXTM's execution is generally superior.
Regulation & Safety for North Macedonia Traders
| Safety Factor | FXTM | Plus500 |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both FXTM and Plus500 are regulated by the local financial regulator in North Macedonia, ensuring compliance with local laws and client fund protection. FXTM also holds licenses from top-tier regulators like CySEC and FCA, adding an extra layer of security. Plus500 is listed on the London Stock Exchange, providing transparency. For North Macedonia traders, this regulation means deposits are segregated and dispute resolution is available locally.
Deposits & Withdrawals for North Macedonia
| Payment Method | FXTM | Plus500 |
|---|---|---|
| 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. | 1 to 3 business day |
Depositing and withdrawing funds is straightforward for North Macedonia traders at both brokers. FXTM supports Bank Transfer, Skrill, Neteller, and USDT TRC20, allowing traders to fund accounts in USD quickly and with low fees. Plus500 accepts Bank Transfer, Skrill, and Neteller but does not offer USDT TRC20. Withdrawals at FXTM are processed within 1-3 business days for e-wallets and longer for bank transfers. Plus500 processes withdrawals within 2-5 business days. For crypto-friendly traders, FXTM's USDT TRC20 option is a significant advantage. Both brokers do not charge deposit fees, but bank transfers may incur intermediary charges.
Islamic Accounts - Swap-Free for North Macedonia Muslims
| Islamic Account Feature | FXTM | Plus500 |
|---|---|---|
| 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 Plus500 offer Islamic (swap-free) accounts for Muslim traders in North Macedonia. FXTM provides Islamic accounts upon request, with no swap fees on overnight positions, and supports all major instruments. Plus500 automatically applies swap-free status for clients who declare their religion. This is beneficial for North Macedonia's Muslim population who want to trade in compliance with Sharia law.
Customer Support Comparison
| Support Feature | FXTM | Plus500 | 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 customer support via live chat, email, and phone, with support in Macedonian and English. Plus500 provides 24/7 live chat and email support, but phone support is limited. For North Macedonia traders, FXTM's local language support is a plus, while Plus500's 24/7 availability is useful for round-the-clock trading.
Mobile App Comparison
| Mobile Feature | FXTM | Plus500 | 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 |
Education & Research Tools
| Resource | FXTM | Plus500 | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | ✗ | FXTM |
| Webinars (live) | Weekly | ✗ | FXTM |
| Economic calendar | ✓ | ✗ | Tie |
| Market analysis | Daily | Basic | FXTM |
Real User Reviews - Trustpilot
Pros & Cons of Each Broker
FXTM
Plus500
Who Should Use Which Broker? - North Macedonia Guide
Choose FXTM if you...
- Want access to MetaTrader 4/5 for advanced charting and automated trading.
- Prefer low spreads and commission-based accounts for high-volume trading.
- Need local payment methods like Bank Transfer, Skrill, Neteller, or USDT TRC20.
- Value educational resources and local language support in Macedonian.
Choose Plus500 if you...
- Are a beginner looking for a simple, commission-free platform.
- Prefer 24/7 customer support and a proprietary web platform.
- Trade smaller volumes and want fixed spreads without variable costs.
- Don't need USDT TRC20 or advanced trading tools.
FAQ - FXTM vs Plus500 in North Macedonia
Final Verdict - North Macedonia 2026
For North Macedonia traders, FXTM is the superior choice overall, with a higher rating of 4.3/5, lower spreads, and better support for local payment methods including Bank Transfer, Skrill, Neteller, and USDT TRC20. It also offers stronger regulation by the local financial regulator and top-tier authorities, plus advanced platforms. Plus500 is a solid option for beginners who prioritize simplicity and 24/7 support, but its higher spreads and lack of USDT TRC20 make it less ideal for active or cost-conscious traders. We recommend FXTM for most North Macedonia retail traders in 2026.