Which broker is better for North Macedonia traders in 2026? Expert analysis across 12 categories.
For North Macedonia traders looking to enter the forex market, choosing between FXTM and Tickmill is a critical decision. Both brokers are well-established globally, but they cater to slightly different trading styles and preferences. FXTM (ForexTime) has a strong reputation for educational resources and a wide range of account types, making it ideal for beginners and retail traders. Tickmill, on the other hand, is known for its ultra-low spreads and fast execution, appealing to scalpers and experienced traders. In North Macedonia, where the local financial regulator does not directly oversee forex brokers, traders rely on international licenses from bodies like the FCA, CySEC, and FSA. Both brokers accept local clients and support popular deposit methods such as Bank Transfer, Skrill, Neteller, and USDT TRC20. This comparison will help you decide which broker aligns with your trading goals, risk tolerance, and account size. Whether you prioritize low costs or comprehensive support, understanding the nuances of each broker is essential for success in the Macedonian trading environment.
| Instrument | FXTM | Tickmill | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Tickmill |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Tickmill |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Tickmill |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Tickmill |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $200 | $100 | Tickmill |
When comparing trading costs for North Macedonia traders, Tickmill has a clear edge in spreads. On its Pro account, spreads start from 0.0 pips with a commission of $2 per side per lot, while FXTM's Standard account has spreads from 1.3 pips with no commission. For high-volume traders, Tickmill's raw spreads can save hundreds of dollars per month. FXTM's ECN account offers spreads from 0.0 pips but with a higher commission of $3.5 per side per lot. North Macedonia traders who trade frequently should consider Tickmill for lower overall costs, while occasional traders may prefer FXTM's commission-free structure. Both brokers offer competitive swap rates, but Tickmill's low-cost model is particularly attractive for scalpers.
| Account Type | FXTM | Tickmill |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✓ | ✗ |
| Min deposit | $200 | $100 |
| Entity / Asset | FXTM | Tickmill |
|---|---|---|
| North Macedonia (offshore) | Up to 1:3000 | Up to 1:1000 |
| Forex major pairs | 1:3000 | 1:1000 |
| 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 | Tickmill | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FXTM |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FXTM |
| Crypto CFDs | ✗ | ✗ | FXTM |
| Stocks / Share CFDs | ✗ | ✗ | Tickmill |
| ETFs | ✗ | ✗ | Tie |
| Platform | FXTM | Tickmill |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both FXTM and Tickmill provide industry-standard platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are popular among North Macedonia traders for their reliability and advanced charting tools. FXTM also offers its proprietary FXTM Trader app, which is user-friendly for mobile traders. Tickmill focuses solely on MT4 and MT5, ensuring a streamlined experience with fast order execution. For North Macedonia traders who value customization and third-party tools, MT4/MT5 are ideal. FXTM's additional app may appeal to beginners looking for a simpler interface. Both brokers support Expert Advisors (EAs) and automated trading, which is crucial for algorithmic traders in the region.
| Factor | FXTM | Tickmill | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Tickmill |
| 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 |
Tickmill is renowned for its ultra-fast execution speeds, with average execution times under 30 milliseconds, making it a top choice for scalpers and high-frequency traders. FXTM also offers fast execution, but its average is slightly higher at around 40-50 milliseconds. Both brokers use No Dealing Desk (NDD) execution on their ECN accounts, ensuring no requotes. For North Macedonia traders, Tickmill's execution advantage is particularly beneficial in volatile markets, as it reduces slippage. FXTM's execution is still reliable for most retail strategies, but Tickmill leads in this category.
| Safety Factor | FXTM | Tickmill |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
FXTM is regulated by the FCA (UK), CySEC (Cyprus), and FSA (Seychelles), while Tickmill is regulated by the FCA, CySEC, and FSA (Seychelles) as well. For North Macedonia traders, this means both brokers operate under similar international oversight, offering client fund segregation and negative balance protection. However, the local financial regulator in North Macedonia does not directly regulate forex brokers, so traders must rely on these international licenses. FXTM's FCA regulation provides additional protection for UK-based clients, but for Macedonian residents, the CySEC or FSA entities are typically used. Both brokers are considered safe and transparent, but traders should verify which entity they are opening an account with to ensure proper regulatory coverage.
| Payment Method | FXTM | Tickmill |
|---|---|---|
| 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. | Most withdrawals 1 business day; bank wire 1-3 days, Credit/Debit Cards: Up to 8 working days. |
North Macedonia traders have several convenient deposit and withdrawal options with both brokers. FXTM supports Bank Transfer, Skrill, Neteller, and USDT TRC20, with a minimum deposit of $10 for e-wallets and $50 for bank transfers. Tickmill also accepts these methods, with a minimum deposit of $100 for most options. USDT TRC20 is particularly attractive for crypto-savvy traders due to its low fees and fast processing times. Withdrawals are processed quickly with both brokers: e-wallet withdrawals are usually processed within 24 hours, while bank transfers may take 2-5 business days. FXTM offers free withdrawals once per month for certain account types, while Tickmill charges a small fee for bank transfers. For Macedonian traders, using Skrill or Neteller is often the fastest and most cost-effective method for both deposits and withdrawals.
| Islamic Account Feature | FXTM | Tickmill |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
For Muslim traders in North Macedonia, both FXTM and Tickmill offer Islamic (swap-free) accounts that comply with Sharia law by eliminating swap or rollover interest. FXTM provides swap-free accounts on all account types except the ECN account, while Tickmill offers them on Classic and Pro accounts. No additional fees are charged for maintaining an Islamic account, but conditions may vary—for example, FXTM may charge a small administrative fee after a certain holding period. Tickmill's Islamic accounts are straightforward and popular among North Macedonia traders. It's recommended to contact customer support to confirm the latest terms, as policies can change. Both brokers respect religious requirements, making them suitable for Muslim traders in the region.
| Support Feature | FXTM | Tickmill | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FXTM |
Both FXTM and Tickmill offer customer support in English and multiple other languages. FXTM provides 24/5 live chat, email, and phone support, with a comprehensive FAQ section. Tickmill also offers 24/5 support via live chat and email, with a slightly faster response time for live chat queries. For North Macedonia traders, neither broker offers local language support, but English is widely spoken. FXTM's educational resources and webinars are more extensive, which can be helpful for beginners. Tickmill's support is efficient and focused on technical issues, making it ideal for experienced traders.
| Mobile Feature | FXTM | Tickmill | 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 | Tickmill | 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 Tickmill if you...
For North Macedonia traders, the choice between FXTM and Tickmill comes down to your trading style and priorities. FXTM is the better option for retail traders who value education, lower minimum deposits, and a variety of account types. Its support for Bank Transfer, Skrill, Neteller, and USDT TRC20 makes it accessible for local users. Tickmill, on the other hand, is ideal for cost-conscious traders, especially scalpers and high-volume traders, thanks to its raw spreads and lightning-fast execution. Both brokers are regulated internationally and accept North Macedonia clients, but FXTM’s higher overall score (4.3 vs 4.0) reflects its broader appeal. Ultimately, if you prioritize low costs and speed, choose Tickmill; if you want a comprehensive trading experience with strong support, go with FXTM. Consider your trading volume, experience level, and preferred deposit method when making your decision.