Which broker is better for North Macedonia traders in 2026? Expert analysis across 12 categories.
Choosing the right forex broker is essential for retail traders in North Macedonia, where access to local payment methods and reliable regulation can significantly impact your trading experience. In this comparison, we examine InvestoPro (rated 3.8/5) and Oanda (rated 3.6/5) to help you decide which broker suits your needs in 2025. Both brokers accept clients from North Macedonia and offer competitive trading conditions, but they differ in key areas such as deposit options, spreads, and platform features. InvestoPro stands out with support for Bank Transfer, Skrill, Neteller, and USDT TRC20, while Oanda is a globally recognized broker with strong regulatory oversight. This guide will walk you through trading costs, platforms, regulation, and more, tailored specifically for North Macedonia traders.
| Instrument | InvestoPro | Oanda | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Oanda |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Oanda |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Oanda |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Oanda |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $0 | $0 | Tie |
For North Macedonia traders, trading costs are a crucial factor, especially when trading higher volumes. InvestoPro offers tighter spreads on major forex pairs, often starting from 0.0 pips on certain account types, with a small commission. Oanda's spreads are variable and can be wider, particularly during volatile market hours. Over a standard lot trade, InvestoPro can save you several dollars per trade compared to Oanda. Additionally, InvestoPro has no hidden fees on deposits via Skrill, Neteller, or USDT TRC20, while Oanda may charge currency conversion fees if you deposit in MKD. For cost-conscious traders, InvestoPro is the more economical choice.
| Account Type | InvestoPro | Oanda |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $0 | $0 |
| Entity / Asset | InvestoPro | Oanda |
|---|---|---|
| North Macedonia (offshore) | Up to 1:500 | Up to 1:100 |
| Forex major pairs | 1:500 | 1:100 |
| 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 | InvestoPro | Oanda | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | InvestoPro |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | InvestoPro |
| Crypto CFDs | 30+ | ✗ | InvestoPro |
| Stocks / Share CFDs | ✗ | ✗ | Oanda |
| ETFs | ✗ | ✗ | Tie |
| Platform | InvestoPro | Oanda |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✓ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer powerful trading platforms, but the needs of North Macedonia traders may vary. InvestoPro provides MetaTrader 4 and MetaTrader 5, which are widely used and support automated trading, custom indicators, and Expert Advisors. Oanda offers its proprietary platform, as well as MetaTrader 4 and TradingView integration. For traders who prefer advanced charting and community tools, Oanda's TradingView integration is a plus. However, InvestoPro's full support for MT4/MT5 ensures compatibility with a wide range of third-party tools, which is beneficial for retail traders in North Macedonia who rely on technical analysis.
| Factor | InvestoPro | Oanda | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Oanda |
| Avg execution speed | ~30ms | ~40ms | InvestoPro |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
Execution quality is important for retail traders in North Macedonia, especially those using scalping or news trading strategies. InvestoPro offers ECN execution with low latency and no requotes, ensuring fast order processing. Oanda uses a market maker model with No Dealing Desk (NDD) execution, which can result in slippage during high volatility. For traders who prioritize speed and minimal slippage, InvestoPro's ECN execution is superior.
| Safety Factor | InvestoPro | Oanda |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✗ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a key concern for North Macedonia traders, as the local financial regulator does not directly oversee international brokers. InvestoPro is regulated by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines, which provides a basic level of oversight but no investor protection fund. Oanda is regulated by top-tier authorities including the FCA (UK), ASIC (Australia), and CFTC (USA), offering stronger client protection and negative balance protection. For North Macedonia traders who prioritize regulatory safety, Oanda is the more secure option, despite its lower overall score.
| Payment Method | InvestoPro | Oanda |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✗ | ✗ |
| Neteller | ✗ | ✗ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | Card/e-wallet fast; bank transfer 1-3 days | 1 to 5 business days |
Deposit and withdrawal options are critical for North Macedonia traders, and InvestoPro excels in this area. It supports Bank Transfer, Skrill, Neteller, and USDT TRC20, allowing fast and low-cost deposits in USD. USDT TRC20 is especially popular for its speed and minimal fees. Oanda, in contrast, only offers Bank Transfer and credit/debit cards, which can be slower and may incur higher fees for North Macedonia traders. Withdrawals are processed within 1-2 business days for InvestoPro, while Oanda may take 2-5 days. For traders who value flexibility and speed, InvestoPro is the clear winner.
| Islamic Account Feature | InvestoPro | Oanda |
|---|---|---|
| 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 InvestoPro and Oanda offer Islamic (swap-free) accounts that comply with Sharia law. InvestoPro provides Islamic accounts with no swap or interest charges on overnight positions, available on request. Oanda also offers swap-free accounts, but traders must apply and meet eligibility criteria. Both brokers ensure that Islamic accounts are available for retail traders in North Macedonia. However, InvestoPro's process is more straightforward, making it a convenient choice for those seeking a hassle-free Islamic trading experience.
| Support Feature | InvestoPro | Oanda | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | InvestoPro |
Customer support is available 24/5 for both brokers. InvestoPro offers live chat, email, and phone support in English, with response times under 5 minutes during business hours. Oanda provides similar channels but also has a comprehensive FAQ and community forum. For North Macedonia traders, InvestoPro's faster response times and multilingual support (including assistance in local languages upon request) give it an edge. Oanda's support is reliable but may have longer wait times during peak hours.
| Mobile Feature | InvestoPro | Oanda | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | InvestoPro |
| Google Play rating | 4.3 stars | 4.2 stars | InvestoPro |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✓ | Oanda |
| Resource | InvestoPro | Oanda | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✗ | ✓ | Tie |
| Market analysis | Daily | Basic | InvestoPro |
Choose InvestoPro if you...
Choose Oanda if you...
For retail traders in North Macedonia, the choice between InvestoPro and Oanda depends on your priorities. InvestoPro (3.8/5) wins on trading costs, local payment methods including Bank Transfer, Skrill, Neteller, and USDT TRC20, and platform flexibility with MT4/MT5. It is ideal for traders who want low spreads and fast deposits. Oanda (3.6/5) offers stronger regulation and a trusted global brand, which appeals to risk-averse traders. While the local financial regulator does not restrict either broker, Oanda's top-tier licenses provide extra peace of mind. Overall, InvestoPro is the better choice for most North Macedonia traders due to its superior local payment support and lower costs.