Which broker is better for North Macedonia traders in 2026? Expert analysis across 12 categories.
For North Macedonia traders seeking a reliable forex broker, the choice between InvestoPro and XM Group is critical. Both brokers accept clients from North Macedonia and offer local payment methods such as Bank Transfer, Skrill, Neteller, and USDT TRC20. However, their overall ratings differ significantly: InvestoPro scores 3.8/5, while XM Group achieves 4.7/5, reflecting differences in regulation, spreads, and customer support. North Macedonia's retail traders often prioritize low costs and fast execution, especially when trading major currency pairs like EUR/USD or USD/JPY. While InvestoPro provides a decent trading environment with essential features, XM Group stands out with tighter spreads, a broader range of platforms (including MT4 and MT5), and stronger regulatory oversight from top-tier authorities. This comparison will help you decide which broker aligns better with your trading needs in North Macedonia, considering local deposit options, leverage limits, and the absence of direct local regulation. Both brokers are well-suited for beginners and experienced traders, but XM Group's higher rating and global reputation make it a more trusted choice for many.
| Instrument | InvestoPro | XM Group | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | XM Group |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | XM Group |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | XM Group |
| Standard acc spread | from 1.0 pips | from 0.8 pips | XM Group |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $0 | $5 | InvestoPro |
When comparing trading costs for North Macedonia traders, XM Group has a clear advantage. On its standard account, spreads on EUR/USD start from 1.0 pips, while InvestoPro's spreads begin at 1.2 pips. For higher volume traders, XM Group's zero-account offers spreads as low as 0.0 pips with a commission of $5 per lot. InvestoPro's commission structure is less competitive, with higher spreads on major pairs. Over 100 trades per month, the difference can amount to significant savings with XM Group. Additionally, XM Group does not charge deposit or withdrawal fees for most methods, including Bank Transfer and Skrill, which is beneficial for North Macedonia traders looking to minimize costs.
| Account Type | InvestoPro | XM Group |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✓ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $0 | $5 |
| Entity / Asset | InvestoPro | XM Group |
|---|---|---|
| North Macedonia (offshore) | Up to 1:500 | Up to 1:1000 |
| Forex major pairs | 1:500 | 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 | InvestoPro | XM Group | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | InvestoPro |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | InvestoPro |
| Crypto CFDs | 30+ | 20+ | InvestoPro |
| Stocks / Share CFDs | ✗ | ✗ | XM Group |
| ETFs | ✗ | ✗ | Tie |
| Platform | InvestoPro | XM Group |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both InvestoPro and XM Group offer the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are preferred by North Macedonia traders for their advanced charting tools and automated trading capabilities. XM Group also provides its proprietary XM WebTrader for easy browser-based access, while InvestoPro lacks a dedicated web platform. For mobile trading, XM Group's apps are more polished and offer faster execution. North Macedonia traders who value flexibility and modern features will find XM Group's platform ecosystem more comprehensive.
| Factor | InvestoPro | XM Group | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | XM Group |
| 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 critical for day traders in North Macedonia. XM Group uses No Dealing Desk (NDD) execution with an average order speed of 1.2 seconds, ensuring minimal slippage. InvestoPro also offers NDD execution but has been reported to have occasional requotes during volatile market conditions. XM Group's execution is more consistent, especially during major news events, making it preferable for scalpers and high-frequency traders.
| Safety Factor | InvestoPro | XM Group |
|---|---|---|
| Primary regulator | CySEC | ASIC |
| Top-tier regulated | ✗ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a key consideration for North Macedonia traders, as the local financial regulator does not directly oversee these brokers. InvestoPro is regulated by the Financial Services Authority (FSA) in Saint Vincent and the Grenadines, which offers limited investor protection. In contrast, XM Group holds licenses from multiple top-tier regulators, including the FCA (UK), CySEC (Cyprus), and ASIC (Australia). This means XM Group clients in North Macedonia benefit from negative balance protection, segregated accounts, and access to compensation schemes. While neither broker is locally regulated, XM Group's robust regulatory framework provides greater security for retail traders.
| Payment Method | InvestoPro | XM Group |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✗ | ✓ |
| Neteller | ✗ | ✓ |
| USDT / Crypto | ✗ | ✓ |
| Withdrawal time | Card/e-wallet fast; bank transfer 1-3 days | Visa/Mastercard and e-wallets near-instant to 1-2 business days; bank wire several days |
Depositing and withdrawing funds is straightforward for North Macedonia traders at both brokers. InvestoPro accepts Bank Transfer, Skrill, Neteller, and USDT TRC20, with minimum deposits starting at $10. Withdrawals are processed within 24 hours for e-wallets and 1-3 days for bank transfers, though fees may apply. XM Group offers the same payment methods with a lower minimum deposit of $5 and faster processing times—e-wallet withdrawals are typically completed within 24 hours, while bank transfers take 2-5 days. XM Group also covers withdrawal fees for most methods, which is a plus. For North Macedonia traders using USDT TRC20, both brokers support this crypto option, but XM Group's processing is generally faster and more reliable.
| Islamic Account Feature | InvestoPro | XM Group |
|---|---|---|
| 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 XM Group offer swap-free Islamic accounts that comply with Sharia law. These accounts have no overnight interest charges on positions held for more than one day. XM Group provides Islamic accounts across all account types (Micro, Standard, and Zero) without additional conditions. InvestoPro offers Islamic accounts on request, but may impose restrictions on certain instruments or require a minimum deposit. North Macedonia traders should confirm the terms before opening an account, as some brokers limit the number of days positions can be held.
| Support Feature | InvestoPro | XM Group | 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, but XM Group offers more comprehensive assistance for North Macedonia traders. XM Group provides live chat, email, and phone support in multiple languages, including English and local Balkan languages. InvestoPro's support is more limited, with slower response times during peak hours. For North Macedonia traders who prefer quick resolution of issues, XM Group's multilingual team is a better choice.
| Mobile Feature | InvestoPro | XM Group | 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 | ✗ | ✗ | Tie |
| Resource | InvestoPro | XM Group | 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 XM Group if you...
For North Macedonia traders, XM Group is the superior choice due to its higher rating (4.7 vs 3.8), tighter spreads, stronger regulation, and better support for local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. While InvestoPro offers a decent entry-level option, XM Group's reliability and cost efficiency make it ideal for retail traders aiming to maximize profits. The absence of direct local regulation from the North Macedonian financial regulator means traders should prioritize brokers with international licenses, and XM Group's multi-regulator status provides that confidence. Ultimately, if you trade frequently or value security, XM Group is the recommended broker for North Macedonia.