Which broker is better for North Macedonia traders in 2026? Expert analysis across 12 categories.
For retail traders in North Macedonia, choosing between IC Markets (rated 4.8/5) and FxPro (rated 4.1/5) is a critical decision that affects trading costs, platform access, and deposit convenience. Both brokers accept clients from North Macedonia and support local payment methods including Bank Transfer, Skrill, Neteller, and USDT. However, IC Markets stands out with tighter spreads (from 0.0 pips), faster execution, and a higher overall trust score. FxPro offers a user-friendly experience with its proprietary platform but lags in cost competitiveness. This comparison focuses on what matters most to North Macedonia traders: local payment support, regulatory safety under the local financial regulator, and real trading conditions in USD-denominated accounts. Whether you trade forex, indices, or commodities, understanding these differences will help you choose the broker that aligns with your trading style and budget.
| Instrument | IC Markets | FxPro | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FxPro |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FxPro |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FxPro |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FxPro |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $200 | $100 | FxPro |
For North Macedonia traders, trading costs directly impact profitability, especially for high-volume scalpers. IC Markets offers a Raw Spread account with spreads from 0.0 pips on EUR/USD and a $3.5 commission per lot (round turn). FxPro's Zero account starts at 0.6 pips with no commission but becomes more expensive for active traders. On a standard lot trade, IC Markets costs approximately $3.5 per lot, while FxPro costs $6–$8 per lot depending on market conditions. Over 100 lots per month, this difference saves North Macedonia traders $250–$450 with IC Markets. Swap rates are also lower at IC Markets, benefiting long-term position traders.
| Account Type | IC Markets | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $200 | $100 |
| Entity / Asset | IC Markets | FxPro |
|---|---|---|
| North Macedonia (offshore) | Up to 1:5000 | Up to 1:500 |
| Forex major pairs | 1:5000 | 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 | IC Markets | FxPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | IC Markets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | IC Markets |
| Crypto CFDs | 30+ | 20+ | IC Markets |
| Stocks / Share CFDs | ✗ | 1,700+ | FxPro |
| ETFs | ✗ | ✗ | Tie |
| Platform | IC Markets | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer MetaTrader 4 and MetaTrader 5, which are popular among North Macedonia traders for their advanced charting and automated trading capabilities. IC Markets also provides cTrader, a platform preferred by scalpers for its depth of market and fast order execution. FxPro offers its proprietary FxPro Edge platform, which is intuitive but lacks the customization of MT4/MT5. For North Macedonia traders who use Expert Advisors (EAs) or copy trading, IC Markets has a larger selection of compatible tools. FxPro's platform selection is adequate for beginners but may limit advanced strategies.
| Factor | IC Markets | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| Avg execution speed | ~30ms | ~40ms | IC Markets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
IC Markets uses raw spreads with no dealing desk interference, offering execution speeds under 40 milliseconds on MetaTrader 4 and cTrader. FxPro also uses no dealing desk execution but has slightly higher latency due to its liquidity aggregation. For North Macedonia traders who scalp or use automated strategies, IC Markets' faster execution reduces slippage and improves fill rates. FxPro is still reliable for standard trading but may experience requotes during high volatility. Overall, IC Markets delivers superior execution quality for active traders.
| Safety Factor | IC Markets | FxPro |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
IC Markets is regulated by ASIC (Australia), CySEC (Cyprus), and FSA (Seychelles), while FxPro holds licenses from FCA (UK), CySEC, and FSCA (South Africa). Both brokers comply with international standards, but IC Markets has a higher trust score (4.8/5) due to its longer track record and transparent operations. For North Macedonia traders, neither broker is directly supervised by the local financial regulator, but both accept clients without restrictions. IC Markets offers negative balance protection on all accounts, which is a key safety feature for retail traders. FxPro also provides this but only for EU-regulated entities. Always verify regulatory status before depositing.
| Payment Method | IC Markets | FxPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | E-wallets instant-24hrs; Cards 3-5 business days (up to 10); Int'l bank wire up to 14 days | 1 business day |
North Macedonia traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT at both brokers. IC Markets processes Skrill and Neteller deposits instantly with no fees, while bank transfers take 1–3 business days. FxPro also accepts these methods but may charge a small fee for certain bank transfers (e.g., $10–$20). USDT deposits are available at IC Markets via Tether (ERC-20 or TRC-20), while FxPro supports USDT only through its FxPro Direct wallet. Withdrawals are typically processed within 24 hours at IC Markets and 1–2 days at FxPro. Minimum deposit is $200 for IC Markets and $100 for FxPro. Both brokers require account verification before any withdrawal.
| Islamic Account Feature | IC Markets | FxPro |
|---|---|---|
| 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 IC Markets and FxPro offer Islamic (swap-free) accounts that comply with Sharia law by eliminating overnight interest charges. IC Markets provides swap-free accounts on all account types (Standard, Raw Spread, and cTrader) with no extra fees. FxPro offers Islamic accounts on request for standard accounts only, and the swap-free status applies to forex and metal pairs. Neither broker charges administrative fees for Islamic accounts, but FxPro may limit the number of open positions after a holding period. IC Markets has a more flexible policy, making it the better choice for North Macedonia Muslim traders who hold positions long-term.
| Support Feature | IC Markets | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | IC Markets |
IC Markets offers 24/7 customer support via live chat, email, and phone, with quick response times (under 2 minutes for live chat). FxPro provides support 24/5 during market hours, with live chat and phone available. For North Macedonia traders, IC Markets' 24/7 support is advantageous for after-hours trading or technical issues. Both brokers have English-language support, but IC Markets also offers support in multiple languages. Email responses at FxPro can take up to 24 hours, while IC Markets typically replies within a few hours.
| Mobile Feature | IC Markets | FxPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | IC Markets |
| Google Play rating | 4.3 stars | 4.2 stars | IC Markets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | IC Markets | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | IC Markets |
Choose IC Markets if you...
Choose FxPro if you...
For North Macedonia retail traders, IC Markets is the clear winner with a 4.8/5 rating vs FxPro's 4.1/5. IC Markets offers lower trading costs, faster execution, more platform choices (including cTrader), and better support for local payment methods like Skrill, Neteller, and USDT. While FxPro is a solid broker with FCA regulation and a lower minimum deposit, its higher spreads and less flexible Islamic account policy make it less competitive. Both brokers accept clients under the local financial regulator's oversight, but IC Markets' transparency and cost efficiency give it the edge. If you trade actively or want to minimize costs, choose IC Markets. If you are a beginner seeking simplicity, FxPro is acceptable but not optimal.