Home β€Ί Compare β€Ί IC Markets vs AvaTrade β€” North Macedonia
JO
Written by
Joseph Oloo
AM
Fact checked by
Alia Mehmood
πŸ“Š
Data verified
July 2026
🌍
Country
North Macedonia
πŸ” Complete Head-to-Head Comparison Β· 2026

IC Markets vs AvaTrade (2026): In-Depth Comparison for North Macedonia Traders

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

IC Markets logo
IC Markets
ASIC Β· CySEC Β· FSA Β· Founded 2007
Open Account β†’
VS
AvaTrade logo
AvaTrade
CBI Β· ASIC Β· JFSA Β· Founded 2006
Open Account β†’
πŸ† Winner: AvaTrade
πŸ“Š Categories: 12 compared
🌍 For: North Macedonia traders
πŸ“… Updated: July 2026
πŸ”„ Compare any two brokers
VS
⚑ Quick Verdict β€” North Macedonia Traders
πŸ† Best Overall
AvaTrade
Higher overall score & more features
πŸ’° Best Spreads
AvaTrade
Lower trading costs for scalpers
β˜ͺ️ Islamic Accounts
Both Available
Swap-free for North Macedonia Muslims
πŸŽ“ Best for Beginners
IC Markets
Better education & support
πŸ“‰
$200 vs $100
Min deposit
βš–οΈ
1:500 vs 1:400
Max leverage
πŸ›‘οΈ
ASIC vs CBI
Top regulator
⭐
3.6 vs 4.3
Our scores
πŸ“‹ Table of Contents
→ Overall Scores→ Trading Costs→ Account Types→ Leverage→ Instruments→ Platforms→ Execution Quality→ Regulation & Safety→ Deposits & Withdrawals→ Islamic Accounts→ Customer Support→ Mobile App→ Education & Research→ User Reviews→ Pros & Cons→ Who Should Use?→ FAQ→ Final Verdict

For retail traders in North Macedonia looking to trade forex, CFDs, and commodities, choosing the right broker is critical. IC Markets (rated 4.8/5) and AvaTrade (rated 4.6/5) are two globally recognized brokers that accept clients from North Macedonia. Both support local payment methods like Bank Transfer, Skrill, Neteller, and USDT, making deposits and withdrawals convenient. However, they differ significantly in trading costs, platforms, and execution style. IC Markets is known for its raw spreads and ECN execution, appealing to scalpers and algorithmic traders. AvaTrade, on the other hand, offers fixed spreads and a user-friendly interface, better suited for beginners and swing traders. This comparison analyzes key factorsβ€”trading costs, platforms, regulation, deposit methods, Islamic accounts, and customer supportβ€”specifically for North Macedonia traders. Understanding these differences will help you select the broker that aligns with your trading goals and local financial environment.

πŸ†
Overall Scores Comparison
IC Markets logo
IC Markets
ASIC Β· CySEC Β· FSA
3.6
CompareBroker score
VS
AvaTrade logo
AvaTrade
CBI Β· ASIC Β· JFSA
4.3
CompareBroker score
πŸ† Winner
IC Markets
AvaTrade
Trading Costs
Spreads, commissions
4.7
4.9
WIN
Platforms
MT4,MT5,cTrader,TV
5.0
WIN
4.5
Regulation
Safety, oversight
5.0
WIN
4.5
Deposits
Local payments
4.5
Tie
4.5
Customer Support
24/5, chat, phone
4.8
WIN
4.3
Education
Webinars, guides
4.6
WIN
4.0
Execution
Speed, slippage
4.7
5.0
WIN
Mobile App
iOS, Android
4.5
Tie
4.5
πŸ’Ή
Trading Costs β€” Spreads & Commissions
InstrumentIC MarketsAvaTradeWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotAvaTrade
XAU/USD (Gold)$0.14 typical$0.12 typicalAvaTrade
GBP/USD avg spread0.29 pips0.23 pipsAvaTrade
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsAvaTrade
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$200$100AvaTrade
Inactivity feeβœ“βœ“Tie

IC Markets offers raw spreads from 0.0 pips on its Raw Spread account with a $3.50 commission per lot per side, making it highly cost-effective for high-volume traders in North Macedonia. AvaTrade provides fixed spreads starting from 0.9 pips with no commission, which is simpler but can be more expensive for active scalpers. For a North Macedonia trader executing 10 lots per month, IC Markets' total cost is approximately $70 in commissions plus variable spreads, while AvaTrade's cost is around $90 in fixed spreads. The spread difference becomes more pronounced during volatile market events, where IC Markets' spreads may widen but remain competitive, while AvaTrade's fixed spreads offer predictability. Overall, IC Markets is more suitable for cost-conscious active traders, while AvaTrade's fixed costs benefit those who prefer certainty.

πŸ“‚
Account Types Comparison
Account TypeIC MarketsAvaTrade
Standard accountβœ“βœ“
ECN / Raw spreadβœ“βœ“
Islamic (swap-free)βœ“βœ“
Demo accountβœ“βœ“
PAMM / MAM accountβœ“βœ—
Zero spread accountβœ“βœ—
Copy tradingβœ—βœ“
VPS tradingβœ“βœ—
Min deposit$200$100
Neg. balance protectionβœ“βœ“
βš–οΈ
Leverage Comparison β€” North Macedonia Traders
Entity / AssetIC MarketsAvaTrade
North Macedonia (offshore)Up to 1:500Up to 1:400
Forex major pairs1:5001:400
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Margin call level80%80%
Stop out level50%50%
⚠️ 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. Most professional traders use 1:50 or less.
πŸ“ˆ
Trading Instruments β€” Assets Available
Asset ClassIC MarketsAvaTradeWinner
Forex pairs90+65+IC Markets
Gold (XAU/USD)βœ“βœ“Tie
Oil (WTI/Brent)βœ“βœ“Tie
Stock indices25+ indices20+ indicesIC Markets
Crypto CFDs30+20+IC Markets
Stocks / Share CFDsβœ—βœ—AvaTrade
ETFsβœ—βœ“Tie
Optionsβœ—βœ—Tie
Futuresβœ—βœ—Tie
πŸ–₯️
Platforms Comparison
PlatformIC MarketsAvaTrade
MetaTrader 4 (MT4)βœ“βœ“
MetaTrader 5 (MT5)βœ“βœ“
cTraderβœ“βœ“
TradingViewβœ—βœ—
Expert Advisors (EAs)βœ“βœ“
Scalping allowedβœ“βœ“
Hedging allowedβœ“βœ“
Fixed spreadsβœ—βœ“
Variable spreadsβœ“βœ“

IC Markets provides MetaTrader 4, MetaTrader 5, and cTrader, all of which are popular among North Macedonia traders for their advanced charting, automated trading, and algorithmic capabilities. AvaTrade offers its proprietary WebTrader, plus MetaTrader 4, MetaTrader 5, and AvaTradeGO mobile app. For North Macedonia traders who rely on Expert Advisors (EAs) or copy trading, IC Markets' cTrader and MT4/5 platforms are superior due to lower latency and better backtesting tools. AvaTrade's platforms are more intuitive and include educational resources, which can help beginners in North Macedonia learn the markets. Both brokers offer demo accounts, but IC Markets' platforms are generally preferred by experienced traders.

⚑
Execution Quality β€” Speed & Slippage
FactorIC MarketsAvaTradeWinner
Execution modelECN/STPTrue ECNAvaTrade
Avg execution speed~30ms~40msIC Markets
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Dealing deskβœ—βœ—Tie
Scalping allowedβœ“βœ“Tie
News tradingβœ“βœ“Tie
EA / Bot tradingβœ“βœ“Tie

IC Markets offers ECN execution with average execution speeds of 40 milliseconds and no requotes, making it ideal for scalpers and high-frequency traders in North Macedonia. AvaTrade uses market maker execution with fixed spreads, which can result in requotes during volatile markets. For North Macedonia traders who prioritize speed and slippage control, IC Markets is the clear winner. AvaTrade's execution is more suited for traders who prefer predictable pricing and are less concerned about millisecond delays.

πŸ›‘οΈ
Regulation & Safety for North Macedonia Traders
Safety FactorIC MarketsAvaTrade
Primary regulatorASICCBI
Reg number#335692#C53877
Verify registrationVerify β†—Verify β†—
Top-tier regulatedβœ“βœ“
Investor protectionβœ“βœ“
Segregated fundsβœ“βœ“
Neg. balance protectionβœ“βœ“

IC Markets is regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC), while AvaTrade is regulated by the Central Bank of Ireland, ASIC, and the Financial Services Authority of Saint Vincent and the Grenadines. For North Macedonia traders, neither broker is directly regulated by the local financial regulator, but both are overseen by tier-1 authorities, providing a high level of client fund protection. IC Markets offers negative balance protection and segregated client accounts, while AvaTrade provides similar safeguards. The local financial regulator in North Macedonia does not restrict access to these offshore brokers, but traders should verify the broker's license and ensure compliance with their own tax obligations.

βœ“ Both brokers are safe for North Macedonia traders
North Macedonia traders open accounts under offshore entities. Both brokers maintain client fund segregation globally. Verify your broker's registration at the official regulator website using the links above.
πŸ’³
Deposits & Withdrawals for North Macedonia
Payment MethodIC MarketsAvaTrade
Bank Wire Transferβœ“βœ“
Visa / Mastercardβœ“βœ“
Skrillβœ“βœ“
Netellerβœ“βœ“
USDT / Cryptoβœ“βœ—
Deposit feeNoneNone
Withdrawal timeE-wallets instant-24hrs; Cards 3-5 business days (up to 10); Int'l bank wire up to 14 daysCard/e-wallet 24-48hrs after approval; Wire Transfer up to 7-10 business days
Min withdrawal$50$50

North Macedonia traders can fund their accounts at both IC Markets and AvaTrade using Bank Transfer, Skrill, Neteller, and USDT. IC Markets requires a minimum deposit of $200, while AvaTrade requires $100. Bank Transfers from North Macedonian banks typically take 1-3 business days and may incur intermediary fees, so e-wallets like Skrill and Neteller are preferred for instant deposits. USDT (Tether) deposits are processed within minutes and are ideal for traders who use cryptocurrency. Withdrawals are processed within 24 hours for e-wallets and USDT, while Bank Transfers may take 2-5 business days. Both brokers do not charge deposit fees, but withdrawal fees may apply for Bank Transfers. Overall, the availability of these local payment methods makes both brokers highly accessible for North Macedonia traders.

β˜ͺ️
Islamic Accounts β€” Swap-Free for North Macedonia Muslims
Islamic Account FeatureIC MarketsAvaTrade
Swap-free availableβœ“βœ“
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supportedβœ“βœ“
Gold swap-freeβœ“βœ“
Crypto swap-freeβœ“βœ“
How to applyContact supportContact support

Both IC Markets and AvaTrade offer Islamic (swap-free) accounts for Muslim traders in North Macedonia who wish to trade in accordance with Sharia law. IC Markets provides swap-free accounts on all account types (Standard, Raw Spread, and cTrader), with no swap charges on overnight positions. However, a holding period fee may apply after 10 consecutive days. AvaTrade offers Islamic accounts on standard accounts only, with no swap fees and no holding period limits. For North Macedonia Muslim traders, AvaTrade's Islamic account may be more flexible for long-term positions, while IC Markets' offering is better for active day traders who hold positions for shorter periods.

β˜ͺ️ Islamic Account Note
Both brokers offer swap-free accounts for Muslim traders in North Macedonia. Always verify current terms with broker support β€” some instruments may have admin fees after a certain holding period.
🎧
Customer Support Comparison
Support FeatureIC MarketsAvaTradeWinner
Live chatβœ“βœ“Tie
Phone supportβœ“βœ“Tie
Email supportβœ“βœ“Tie
24/7 supportβœ—βœ—Tie
24/5 supportβœ“βœ“Tie
Response time (chat)<2 minutes<3 minutesIC Markets

IC Markets offers 24/7 customer support via live chat, email, and phone, with a dedicated team that can assist North Macedonia traders in English. AvaTrade also provides 24/5 support via live chat, email, and phone, with multilingual agents including English and regional languages. IC Markets' support is faster and more responsive, especially during off-hours, which is beneficial for traders who operate outside standard market hours. AvaTrade's support is adequate but may have longer response times. Both brokers have comprehensive FAQ sections on their websites.

πŸ“±
Mobile App Comparison
Mobile FeatureIC MarketsAvaTradeWinner
iOS App Store rating4.5β˜…4.3β˜…IC Markets
Google Play rating4.3β˜…4.2β˜…IC Markets
Biometric loginβœ“βœ“Tie
Push notificationsβœ“βœ“Tie
Full charting on mobileβœ“βœ“Tie
Mobile deposit/withdrawalβœ“βœ“Tie
TradingView mobileβœ—βœ—Tie
Dark modeβœ“βœ“Tie
πŸ“š
Education & Research Tools
ResourceIC MarketsAvaTradeWinner
Video tutorials100+ videos50+ videosIC Markets
Webinars (live)βœ—MonthlyTie
Economic calendarβœ“βœ“Tie
Market analysisDailyBasicIC Markets
Beginner resourcesExcellentBasicIC Markets
⭐
Real User Reviews β€” Trustpilot
T
IC Markets
β˜…β˜…β˜…β˜…β˜…
54.4K
54,430 verified reviews
View on Trustpilot β†—
T
AvaTrade
β˜…β˜…β˜…β˜…β˜…
12.7K
12,700 verified reviews
View on Trustpilot β†—
βš–οΈ
Pros & Cons of Each Broker
πŸ”΅ IC Markets
Pros
βœ“Top-tier regulated (highest safety)
βœ“Islamic swap-free account
βœ“Educational resources available
βœ“Expert Advisors (EAs) supported
βœ“PAMM/MAM accounts available
Cons
βœ—No TradingView integration
βœ—$200 minimum deposit
βœ—No 24/7 support
🟒 AvaTrade
Pros
βœ“Top-tier regulated (highest safety)
βœ“Islamic swap-free account
βœ“Educational resources available
βœ“Expert Advisors (EAs) supported
Cons
βœ—No TradingView integration
βœ—No 24/7 support
βœ—No PAMM accounts
πŸ‘€
Who Should Use Which Broker? β€” North Macedonia Guide

Choose IC Markets if you...

  • Are an active scalper or algorithmic trader seeking raw spreads and low commissions.
  • Use Expert Advisors (EAs) on MT4/MT5 or cTrader and need fast execution.
  • Prefer a wide range of deposit methods including Bank Transfer, Skrill, Neteller, and USDT.
  • Want a broker with a higher overall rating (4.8/5) and strong tier-1 regulation.

Choose AvaTrade if you...

  • Are a beginner or swing trader who values fixed spreads and predictable costs.
  • Prefer a user-friendly platform with built-in educational tools and copy trading.
  • Need a lower minimum deposit of $100 and Islamic accounts with no holding limits.
  • Want a broker with a solid reputation (4.6/5) and regulation in multiple jurisdictions.
❓
FAQ β€” IC Markets vs AvaTrade in North Macedonia
Is IC Markets or AvaTrade 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 IC Markets and AvaTrade? +
Do both brokers offer Islamic accounts for North Macedonia? +
πŸ† Final Verdict β€” North Macedonia 2026
AvaTrade wins overall

For North Macedonia traders, IC Markets (4.8/5) is the better overall choice due to its lower trading costs, faster execution, and superior platform options. It is ideal for active traders who want to minimize spreads and commissions. AvaTrade (4.6/5) remains a strong contender for beginners and those who prefer fixed costs and a more intuitive platform. Both brokers support local payment methods like Bank Transfer, Skrill, Neteller, and USDT, ensuring easy deposits and withdrawals. The local financial regulator in North Macedonia does not restrict access to these brokers, so the final decision depends on your trading style. We recommend IC Markets for experienced traders and AvaTrade for those just starting out.

Open IC Markets β†’Open AvaTrade β†’
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. This comparison is for informational purposes only. CompareBroker.io may receive compensation when you open an account through our links. All data verified as of July 2026.
🎯 Find Your Best Broker
Compare all brokers for North Macedonia traders based on your trading style.
Compare All Brokers β†’
Score Summary
IC Markets 3.6/5
AvaTrade πŸ†4.3/5
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⚠️ Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.