HomeCompareTickmill vs BlackBull MarketsNorth Macedonia
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North Macedonia
Complete Head-to-Head Comparison · 2026

Tickmill vs BlackBull Markets: Which Broker Suits North Macedonia Traders Best?

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

Tickmill logo
Tickmill
FCA · CySEC · FSCA · Founded 2014
Open Account
VS
BlackBull Markets logo
BlackBull Markets
FMA · FSA · Founded 2014
Open Account
Winner: Tickmill
Categories: 12 compared
For: North Macedonia traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — North Macedonia Traders

Best Overall
Tickmill
Higher overall score & more features
Best Spreads
BlackBull Markets
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for North Macedonia Muslims
Best for Beginners
Tickmill
Better education & support
$100 vs $0
Min deposit
1:1000 vs 1:500
Max leverage
FCA vs FMA
Top regulator
3.3 vs 3.2
Our scores
Table of Contents

For retail traders in North Macedonia, choosing between Tickmill and BlackBull Markets is a critical decision that impacts trading costs, platform experience, and regulatory safety. Tickmill, rated 4/5, is a well-established broker known for its ultra-low spreads and strong regulatory oversight from authorities like the FCA and CySEC. BlackBull Markets, with a 3.9/5 rating, is a New Zealand-based broker that has gained popularity for its institutional-grade execution and diverse account options. Both brokers accept North Macedonia clients and support local payment methods including Bank Transfer, Skrill, Neteller, and USDT TRC20, making deposits and withdrawals convenient. The local financial regulator in North Macedonia does not directly oversee these brokers, so traders must rely on the brokers' own regulatory credentials. This comparison will help you decide which broker aligns best with your trading style, whether you prioritize cost efficiency, platform features, or account flexibility.

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Overall Scores Comparison

Tickmill
Tickmill
FCA · CySEC · FSCA
3.3
CompareBroker score
Winner
VS
BlackBull Markets
BlackBull Markets
FMA · FSA
3.2
CompareBroker score
Trading Costs
Spreads, commissions
3.4
WIN
3.3
Platforms
MT4, MT5, cTrader, TV
3.0
3.4
WIN
Regulation
Safety, oversight
3.6
WIN
2.7
Deposits
Local payments
3.4
WIN
3.3
Customer Support
24/5, chat, phone
3.1
WIN
3.0
Education
Webinars, guides
3.0
WIN
2.9
Execution
Speed, slippage
3.4
WIN
3.3
Mobile App
iOS, Android
3.3
WIN
3.2
💹

Trading Costs - Spreads & Commissions

InstrumentTickmillBlackBull MarketsWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotBlackBull Markets
XAU/USD (Gold)$0.14 typical$0.12 typicalBlackBull Markets
GBP/USD avg spread0.29 pips0.23 pipsBlackBull Markets
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsBlackBull Markets
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$100$0BlackBull Markets

When comparing trading costs for North Macedonia traders, Tickmill holds a slight advantage. Tickmill's Pro account offers spreads from 0.0 pips on EUR/USD with a commission of $3 per lot per side, while its Classic account has spreads from 1.6 pips with no commission. BlackBull Markets' Prime account also starts at 0.0 pips with a $6 round-turn commission, making it more expensive per lot. For a trader in North Macedonia executing 50 lots per month, Tickmill's cost advantage could save $150 or more. Both brokers have competitive swap rates, but Tickmill's overall fee structure is leaner for active traders.

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Account Types Comparison

Account TypeTickmillBlackBull Markets
Standard account
ECN / Raw spread
Islamic (swap-free)
Demo account
PAMM / MAM account
Zero spread account
Copy trading
Min deposit$100$0
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Leverage Comparison - North Macedonia Traders

Entity / AssetTickmillBlackBull Markets
North Macedonia (offshore)Up to 1:1000Up to 1:500
Forex major pairs1:10001:500
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.
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Trading Instruments - Assets Available

Asset ClassTickmillBlackBull MarketsWinner
Forex pairs90+65+Tickmill
Gold (XAU/USD)Tie
Oil (WTI/Brent)Tie
Stock indices25+ indices20+ indicesTickmill
Crypto CFDs20+Tickmill
Stocks / Share CFDsBlackBull Markets
ETFsTie
🖥️

Platforms Comparison

PlatformTickmillBlackBull Markets
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 the most popular platforms among North Macedonia traders for their reliability and advanced charting tools. BlackBull Markets additionally provides cTrader, a platform favored for its intuitive interface and deep liquidity access. Tickmill also offers WebTrader and mobile apps. For North Macedonia traders who value algorithmic trading and custom indicators, both brokers support Expert Advisors (EAs) on MT4/MT5. BlackBull Markets' cTrader is a bonus for those seeking a more modern trading experience.

Execution Quality - Speed & Slippage

FactorTickmillBlackBull MarketsWinner
Execution modelECN/STPTrue ECNBlackBull Markets
Avg execution speed~30ms~40msTickmill
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowedTie
EA / Bot tradingTie

Tickmill offers fast execution with an average speed of 0.2 seconds, using Straight Through Processing (STP) without a dealing desk. BlackBull Markets also provides STP execution with speeds under 0.3 seconds, but it routes orders to multiple liquidity providers for better depth. For North Macedonia traders, both brokers offer reliable execution with minimal slippage. BlackBull Markets' multi-liquidity aggregation can be advantageous during high-volatility events, while Tickmill's consistency is ideal for scalpers.

🛡️

Regulation & Safety for North Macedonia Traders

Safety FactorTickmillBlackBull Markets
Primary regulatorFCAFMA
Top-tier regulated
Investor protection
Segregated funds
Neg. balance protection

Tickmill is regulated by the FCA in the UK, CySEC in Cyprus, and the FSA in Seychelles, offering a multi-tier regulatory framework. BlackBull Markets is regulated by the FMA in New Zealand and the FSA in Seychelles. For North Macedonia traders, neither broker is directly supervised by the local financial regulator, but Tickmill's FCA regulation provides a higher level of client fund protection, including negative balance protection and access to the Financial Ombudsman Service. BlackBull Markets' regulation is adequate but less stringent. North Macedonia traders should consider Tier-1 regulation as a key safety factor.

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 MethodTickmillBlackBull Markets
Bank Wire Transfer
Visa / Mastercard
Skrill
Neteller
USDT / Crypto
Withdrawal timeMost withdrawals 1 business day; bank wire 1-3 days, Credit/Debit Cards: Up to 8 working days.24 hours (usually on the same business day)

Depositing and withdrawing funds is straightforward for North Macedonia traders at both brokers. Tickmill and BlackBull Markets support Bank Transfer, Skrill, Neteller, and USDT TRC20, ensuring fast and low-cost transactions. Bank transfers typically take 1-3 business days and may incur intermediary bank fees, while Skrill and Neteller are instant with minimal charges. USDT TRC20 deposits are processed within minutes and are popular for their low fees. Tickmill has a minimum deposit of $100, while BlackBull Markets offers a $0 minimum on its Standard account. Withdrawals are processed within 24 hours at both brokers, though bank transfers may take longer. Always verify withdrawal fees, as some methods may incur charges.

☪️

Islamic Accounts - Swap-Free for North Macedonia Muslims

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

Both Tickmill and BlackBull Markets offer Islamic (swap-free) accounts for Muslim traders in North Macedonia who require Sharia-compliant trading. Tickmill provides Islamic accounts upon request for all account types, with no swap charges on overnight positions. BlackBull Markets automatically offers swap-free accounts on its Standard and Prime accounts, but the Institutional account may not be eligible. North Macedonia traders should note that Islamic accounts may have reduced leverage or restricted trading on certain instruments. It is advisable to contact customer support to confirm terms before opening an Islamic account.

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

Support FeatureTickmillBlackBull MarketsWinner
Live chatTie
Phone supportTie
Email supportTie
24/7 supportTie
Response time (chat)<2 minutes<3 minutesTickmill

Customer support is available 24/5 from both brokers, which suits North Macedonia traders operating during European hours. Tickmill offers live chat, email, and phone support in multiple languages including English, while BlackBull Markets provides 24/7 live chat and phone support. BlackBull Markets has a slight edge with its 24/7 availability, which is useful for traders who trade outside standard hours. Both brokers have responsive support teams, but BlackBull Markets is known for faster response times during peak periods.

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Mobile App Comparison

Mobile FeatureTickmillBlackBull MarketsWinner
iOS App Store rating4.5 stars4.3 starsTickmill
Google Play rating4.3 stars4.2 starsTickmill
Biometric loginTie
Push notificationsTie
Full charting on mobileTie
TradingView mobileBlackBull Markets
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Education & Research Tools

ResourceTickmillBlackBull MarketsWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)Tie
Economic calendarTie
Market analysisDailyBasicTickmill

Real User Reviews - Trustpilot

T
Tickmill
★★★★★
1.1K
1,080 verified reviews
View on Trustpilot
T
BlackBull Markets
★★★★★
3.3K
3,330 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

Tickmill

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

BlackBull Markets

Pros
+TradingView integration
+Islamic swap-free account
Cons
-No 24/7 support
👤

Who Should Use Which Broker? - North Macedonia Guide

Choose Tickmill if you...

  • Are a cost-conscious trader who wants the lowest spreads and commissions
  • Prefer a broker with strong FCA regulation for added security
  • Trade high volumes and need to minimize per-lot costs
  • Want a straightforward platform experience with MT4/MT5

Choose BlackBull Markets if you...

  • Want access to cTrader in addition to MT4/MT5
  • Prefer 24/7 customer support for flexible trading hours
  • Need a $0 minimum deposit to start trading
  • Value multi-liquidity provider aggregation for better fills

FAQ - Tickmill vs BlackBull Markets in North Macedonia

Is Tickmill or BlackBull Markets 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 Tickmill and BlackBull Markets? +
Do both brokers offer Islamic accounts for North Macedonia? +

Final Verdict - North Macedonia 2026

Tickmill wins overall

For North Macedonia traders, Tickmill is the recommended choice due to its lower trading costs, stronger regulatory framework, and higher overall rating. The ability to deposit via Bank Transfer, Skrill, Neteller, and USDT TRC20 makes it convenient for local traders. While BlackBull Markets offers more platform options and 24/7 support, Tickmill's cost efficiency and regulatory safety provide greater long-term value. However, if you prioritize platform variety or a zero-minimum deposit, BlackBull Markets is a solid alternative. Always check with the local financial regulator for any country-specific restrictions before opening an account.

Open TickmillOpen BlackBull Markets
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
Tickmill Winner3.3/5
BlackBull Markets 3.2/5
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.