Which broker is better for North Macedonia traders in 2026? Expert analysis across 12 categories.
For traders in North Macedonia, choosing between Tickmill and Libertex can be a pivotal decision. Both brokers are regulated by the local financial regulator, ensuring a secure trading environment. Tickmill, with a rating of 4/5, is known for its low spreads and extensive deposit options including Bank Transfer, Skrill, Neteller, and USDT TRC20. Libertex, rated 3.7/5, offers a user-friendly platform ideal for beginners. This comparison focuses on key factors like trading costs, platforms, and local payment methods to help you decide which broker aligns with your trading style in 2026.
| Instrument | Tickmill | Libertex | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Libertex |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Libertex |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Libertex |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Libertex |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $100 | $10 | Libertex |
When comparing trading costs for North Macedonia traders, Tickmill stands out with spreads from 0.0 pips on major forex pairs, plus a commission of $3 per lot. This is highly competitive for active scalpers. Libertex, on the other hand, uses a fixed spread model averaging 0.5-1.5 pips with no commission, which can be more expensive for frequent trading. For a trader executing 10 lots per day, Tickmill saves approximately $50 per day in spread costs. Libertex may suit occasional traders who prefer simplicity over cost efficiency.
| Account Type | Tickmill | Libertex |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $100 | $10 |
| Entity / Asset | Tickmill | Libertex |
|---|---|---|
| North Macedonia (offshore) | Up to 1:1000 | Up to 1:999 |
| Forex major pairs | 1:1000 | 1:999 |
| 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 | Tickmill | Libertex | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Tickmill |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Tickmill |
| Crypto CFDs | ✗ | 20+ | Tickmill |
| Stocks / Share CFDs | ✗ | ✗ | Libertex |
| ETFs | ✗ | ✓ | Tie |
| Platform | Tickmill | Libertex |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Tickmill offers MetaTrader 4 and 5, widely preferred by experienced traders in North Macedonia for their advanced charting, automated trading, and custom indicators. Libertex provides its proprietary web and mobile platform, which is intuitive and ideal for beginners but lacks the depth of MT4/5. For traders who rely on Expert Advisors (EAs) or complex analysis, Tickmill is the clear choice. Libertex’s platform is better for those starting out or trading on the go.
| Factor | Tickmill | Libertex | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Libertex |
| Avg execution speed | ~30ms | ~40ms | Tickmill |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
Tickmill offers ultra-fast execution with no requotes, using an ECN/STP model. Average execution speed is under 30 milliseconds, ideal for scalpers. Libertex uses a market maker model, which can result in slippage during high volatility. For North Macedonia traders who prioritize speed and transparency, Tickmill is superior. Libertex may be acceptable for casual traders who do not require lightning-fast fills.
| Safety Factor | Tickmill | Libertex |
|---|---|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✗ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both Tickmill and Libertex are regulated by the local financial regulator in North Macedonia, providing a layer of protection for retail traders. Tickmill is also regulated by the FCA and CySEC, offering additional oversight. Libertex is regulated by the CySEC and the local regulator. For North Macedonia traders, this means client funds are held in segregated accounts and negative balance protection applies. Always verify the current license status on the regulator’s official website.
| Payment Method | Tickmill | Libertex |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | Most withdrawals 1 business day; bank wire 1-3 days, Credit/Debit Cards: Up to 8 working days. | 5 business days |
North Macedonia traders can fund their accounts at both brokers using Bank Transfer, Skrill, Neteller, and USDT TRC20. Tickmill also supports credit/debit cards and Perfect Money, while Libertex accepts local bank cards. Deposits via Skrill or Neteller are instant and free, with no fees from the broker. Bank Transfer deposits may take 1-3 business days and could incur bank charges. USDT TRC20 deposits are processed within minutes with minimal network fees. Withdrawals are typically processed within 24 hours for e-wallets, while bank transfers take 2-5 days. Both brokers do not charge withdrawal fees, but intermediary banks may apply charges.
| Islamic Account Feature | Tickmill | Libertex |
|---|---|---|
| Swap-free available | ✓ | ✗ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both Tickmill and Libertex offer Islamic (swap-free) accounts for Muslim traders in North Macedonia. Tickmill provides swap-free accounts on all account types upon request, with no time limit on holding positions. Libertex also offers Islamic accounts but requires a formal request and approval. These accounts eliminate overnight interest, aligning with Sharia law. Traders should confirm with customer support that no hidden fees apply, as some brokers charge administrative fees after a certain period.
| Support Feature | Tickmill | Libertex | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Tickmill |
Tickmill provides 24/5 multilingual customer support via live chat, email, and phone, with a dedicated team for North Macedonia traders. Libertex also offers 24/5 support but primarily in English and local languages. Tickmill’s response times are faster, averaging under 2 minutes on live chat. Libertex may take longer during peak hours. Both brokers have comprehensive FAQ sections on their websites.
| Mobile Feature | Tickmill | Libertex | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Tickmill |
| Google Play rating | 4.3 stars | 4.2 stars | Tickmill |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | Tickmill | Libertex | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | ✗ | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Tickmill |
Choose Tickmill if you...
Choose Libertex if you...
For North Macedonia traders, Tickmill (score 4/5) is the better overall choice due to its lower spreads, advanced platforms, and flexible deposit methods including Bank Transfer, Skrill, Neteller, and USDT TRC20. It is ideal for active traders and those seeking cost efficiency. Libertex (score 3.7/5) is suitable for beginners who prefer simplicity and fixed costs. Both brokers are regulated by the local financial regulator, ensuring safety. Ultimately, Tickmill offers better value for money, while Libertex is a solid entry-level option.