HomeCompareIC Markets vs RoboForexNorth Macedonia
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North Macedonia
Complete Head-to-Head Comparison · 2026

IC Markets vs RoboForex for North Macedonia Traders in 2026

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

IC
IC Markets
ASIC · CySEC · FSA · Founded 2007
Open Account
VS
RO
RoboForex
0 · Founded 2026
Open Account
Winner: RoboForex
Categories: 12 compared
For: North Macedonia traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — North Macedonia Traders

Best Overall
RoboForex
Higher overall score & more features
Best Spreads
RoboForex
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for North Macedonia Muslims
Best for Beginners
RoboForex
Better education & support
$200 vs $10
Min deposit
1:5000 vs 1:2000
Max leverage
ASIC vs 0
Top regulator
3.6 vs 3.9
Our scores
Table of Contents

North Macedonia's retail trading scene is expanding steadily. Traders in Skopje, Bitola, and Tetovo increasingly look for low-cost international brokers capable of working with USD accounts and fast local payment methods. IC Markets and RoboForex are two names that often appear in local comparisons, but they serve different trader expectations. IC Markets holds a strong rating of 4.8 out of 5 thanks to raw spreads, institutional execution, and wide platform support. RoboForex scores 3.2 out of 5, reflecting a broader product range but weaker transparency and a less reliable trading cost structure. For North Macedonia traders, the decision depends on whether you want tight spreads and true ECN execution, or a multi-feature broker with flexible bonuses. Both brokers accept Bank Transfer, Skrill, Neteller, and USDT TRC20, making it easy for local users to fund their accounts in USD. However, differences in slippage, requotes, and account conditions matter when trading from this time zone. Access to MetaTrader 5 is standard with both, but IC Markets offers cTrader for those who prefer a more professional workflow. This comparison focuses on what actually impacts North Macedonia-based retail traders, including spreads, execution, regulation, and local payment comfort.

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Overall Scores Comparison

IC
IC Markets
ASIC · CySEC · FSA
3.6
CompareBroker score
VS
RO
RoboForex
0
3.9
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.7
4.0
WIN
Platforms
MT4, MT5, cTrader, TV
3.8
WIN
3.6
Regulation
Safety, oversight
3.9
4.2
WIN
Deposits
Local payments
3.7
4.0
WIN
Customer Support
24/5, chat, phone
3.4
3.7
WIN
Education
Webinars, guides
3.3
4.0
WIN
Execution
Speed, slippage
3.7
4.0
WIN
Mobile App
iOS, Android
3.6
3.9
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentIC MarketsRoboForexWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotRoboForex
XAU/USD (Gold)$0.14 typical$0.12 typicalRoboForex
GBP/USD avg spread0.29 pips0.23 pipsRoboForex
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsRoboForex
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$200$10RoboForex

Spreads and commissions directly affect profitability for North Macedonia traders, especially when trading in USD accounts. IC Markets offers Raw Spread and Standard accounts, with raw spreads from 0.0 pips on major pairs and a modest commission per lot. In practice, a trader in Skopje will pay less per round turn than with RoboForex, where standard accounts advertise spreads from 1.3 pips and ECN accounts generally start from 0.5 pips with separate fees. On XAUUSD or EURUSD, the difference can be significant for a trader doing multiple lots a day. RoboForex occasionally promotes zero-spread accounts, but these carry wider swap costs and less transparent pricing. For active retail traders in North Macedonia who want to maximize net returns, IC Markets is the clearer cost choice, while RoboForex may suit lower-frequency traders who prioritize bonus features over raw costs.

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Account Types Comparison

Account TypeIC MarketsRoboForex
Standard account
ECN / Raw spread
Islamic (swap-free)
Demo account
PAMM / MAM account
Zero spread account
Copy trading
Min deposit$200$10
⚖️

Leverage Comparison - North Macedonia Traders

Entity / AssetIC MarketsRoboForex
North Macedonia (offshore)Up to 1:5000Up to 1:2000
Forex major pairs1:50001:2000
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
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.
📈

Trading Instruments - Assets Available

Asset ClassIC MarketsRoboForexWinner
Forex pairs90+65+IC Markets
Gold (XAU/USD)Tie
Oil (WTI/Brent)Tie
Stock indices25+ indices20+ indicesIC Markets
Crypto CFDs30+20+IC Markets
Stocks / Share CFDsRoboForex
ETFsTie
🖥️

Platforms Comparison

PlatformIC MarketsRoboForex
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Expert Advisors (EAs)
Scalping allowed
Hedging allowed

Both IC Markets and RoboForex support MetaTrader 4 and MetaTrader 5, which are widely used in North Macedonia. IC Markets also provides cTrader, a platform with advanced order management and depth of market, useful for traders who watch execution quality. RoboForex adds its own R StocksTrader platform and a CopyFX system for copying strategies. For North Macedonia traders, stable operating hours and mobile access are both critical, and the apps from MT4 and MT5 run well on local networks. IC Markets offers both Windows and macOS desktop platforms, while RoboForex focuses mostly on Windows, with web and mobile versions for other users. If you rely on automated trading via Expert Advisors, both brokers work fine. But cTrader support and transparent order handling give IC Markets an edge for traders based in North Macedonia who like market depth and fast charting.

Execution Quality - Speed & Slippage

FactorIC MarketsRoboForexWinner
Execution modelECN/STPTrue ECNRoboForex
Avg execution speed~30ms~40msIC Markets
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowedTie
EA / Bot tradingTie

IC Markets uses Equinix data centers in New York and London, which offers lower latency for traders in the European time zone and the ability to trade volatile markets with fewer slips. RoboForex also offers ECN execution but is less transparent about order routing and has fewer public audits, making execution quality harder to trust. For North Macedonia retail traders who use scalping or news trading, IC Markets is the better fit because it permits scalping and supports raw order flow. RoboForex is more suitable for position-style traders who place fewer orders and do not rely on sub-second execution.

🛡️

Regulation & Safety for North Macedonia Traders

Safety FactorIC MarketsRoboForex
Primary regulatorASICIFSC
Top-tier regulated
Investor protection
Segregated funds
Neg. balance protection

IC Markets is regulated by the Australian Securities and Investments Commission, the UK Financial Conduct Authority, and the Cyprus Securities and Exchange Commission. RoboForex is regulated by the International Financial Services Commission of Belize, a lighter-touch offshore regulator. The local financial regulator in North Macedonia does not directly oversee either broker, which means local traders must rely on the protection levels provided by these foreign authorities. IC Markets offers tier-one regulation, client fund segregation, and negative balance protection on certain entities, which matters more for North Macedonia residents investing real money. RoboForex provides less compensation coverage and has faced criticism over its offshore licensing framework. North Macedonia traders should treat client protection and regulatory trust as serious factors when choosing between these two brokers, especially if you plan to keep large balances in USD.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for North Macedonia traders may differ by entity.
💳

Deposits & Withdrawals for North Macedonia

Payment MethodIC MarketsRoboForex
Bank Wire Transfer
Visa / Mastercard
Skrill
Neteller
USDT / Crypto
Withdrawal timeE-wallets instant-24hrs; Cards 3-5 business days (up to 10); Int'l bank wire up to 14 days1 to 5 business days

Depositing and withdrawing in North Macedonia is straightforward with both brokers, as they accept Bank Transfer, Skrill, Neteller, and USDT TRC20. Bank Transfer is common for traders holding denars and converting to USD, but processing can take up to three business days. Skrill and Neteller are faster, often instant once the e-wallet account is funded, with fees set by the provider. USDT TRC20 is increasingly popular among traders in North Macedonia because transfers settle quickly and avoid traditional banking delays. IC Markets requires a minimum first deposit of 200 USD for bank transfers and does not charge internal deposit fees. RoboForex accepts deposits from 10 USD depending on the method, which is friendly for beginners. However, RoboForex charges withdrawal fees on some methods, while IC Markets covers bank withdrawal fees once a month. For traders in North Macedonia, USDT TRC20 remains the most efficient option at both brokers, but verify your wallet provider and always check the final amount received after conversion.

☪️

Islamic Accounts - Swap-Free for North Macedonia Muslims

Islamic Account FeatureIC MarketsRoboForex
Swap-free available
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported
How to applyContact supportContact support

Both brokers offer swap-free Islamic accounts for traders from North Macedonia who follow Sharia principles and cannot receive or pay interest. IC Markets provides Islamic accounts on its Raw Spread and Standard account types, with the same tight spreads and no swap charges. RoboForex offers swap-free options across several account types, but traders must understand that certain instruments may still incur a fee after holding positions for several days. North Macedonia has a mixed Christian and Muslim population, and the Islamic account demand mostly comes from traders in the western regions like Tetovo and Gostivar. IC Markets keeps its policy simple and transparent, while RoboForex can sometimes apply administrative fees on swap-free accounts. If halal trading is a priority, check the specific terms with both brokers before choosing, as they can change depending on the trading platform and account entity.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureIC MarketsRoboForexWinner
Live chatTie
Phone supportTie
Email supportTie
24/7 supportTie
Response time (chat)<2 minutes<3 minutesIC Markets

Customer support for North Macedonia traders is available in English from both brokers. IC Markets offers 24/5 live chat and email support with fast response times, while RoboForex also provides 24/7 online chat on some days, but response quality is less consistent. Neither broker has Macedonian language support, so local traders should feel comfortable communicating in English. IC Markets has a stronger help center and clearer resolution process, which is an advantage when traders face technical issues during the US session. RoboForex support is useful for account management, but slower in solving execution disputes.

📱

Mobile App Comparison

Mobile FeatureIC MarketsRoboForexWinner
iOS App Store rating4.5 stars4.3 starsIC Markets
Google Play rating4.3 stars4.2 starsIC Markets
Biometric loginTie
Push notificationsTie
Full charting on mobileTie
TradingView mobileTie
📚

Education & Research Tools

ResourceIC MarketsRoboForexWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)MonthlyTie
Economic calendarTie
Market analysisDailyBasicIC Markets

Real User Reviews - Trustpilot

T
IC Markets
★★★★★
54.4K
54,430 verified reviews
View on Trustpilot
T
RoboForex
★★★★★
3.2K
3,200 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

IC Markets

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-$200 min deposit
-No 24/7 support

RoboForex

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - North Macedonia Guide

Choose IC Markets if you...

  • Want raw spreads from 0.0 pips on EURUSD and XAUUSD.
  • Prefer tier-one regulation and stronger client fund protection.
  • Need cTrader or fast ECN execution for scalping.
  • Plan to deposit larger amounts using Bank Transfer or USDT TRC20.

Choose RoboForex if you...

  • Want to start trading with a smaller minimum deposit.
  • Look for a broker with copy trading and bonus promotions.
  • Don't mind offshore regulation and less transparency.
  • Need a wide range of account types and flexible platforms.

FAQ - IC Markets vs RoboForex in North Macedonia

Is IC Markets or RoboForex 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 RoboForex? +
Do both brokers offer Islamic accounts for North Macedonia? +

Final Verdict - North Macedonia 2026

RoboForex wins overall

For retail traders in North Macedonia, IC Markets is the stronger overall broker. It combines tighter spreads, faster execution, and regulatory protection that matters when moving real money from a Macedonian bank or e-wallet. RoboForex has its place, especially for beginners and traders who rely on copy trading, but its higher ongoing costs and weaker local trust make it a secondary choice. Both brokers support Bank Transfer, Skrill, Neteller, and USDT TRC20, so funding your account from North Macedonia is not an obstacle. However, when considering the local financial regulator's limited direct oversight, using a tier-one regulated broker like IC Markets is the safer way to protect your capital. Start with a modest amount, test execution and withdrawals, and then scale up once you are satisfied.

Open IC MarketsOpen RoboForex
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of July 2026.
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Score Summary
IC Markets 3.6/5
RoboForex Winner3.9/5
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.