HomeCompareVT Markets vs XM GroupNorth Macedonia
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Complete Head-to-Head Comparison · 2026

VT Markets vs XM Group 2026: Which is Better for North Macedonia Traders?

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

VT Markets logo
VT Markets
ASIC · FSCA · CIMA · Founded 2015
Open Account
VS
XM Group logo
XM Group
CySEC · ASIC · IFSC · Founded 2009
Open Account
Winner: XM Group
Categories: 12 compared
For: North Macedonia traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — North Macedonia Traders

Best Overall
XM Group
Higher overall score & more features
Best Spreads
XM Group
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for North Macedonia Muslims
Best for Beginners
XM Group
Better education & support
$50 vs $5
Min deposit
1:500 vs 1:1000
Max leverage
ASIC vs CySEC
Top regulator
3.3 vs 4.3
Our scores
Table of Contents

North Macedonia traders seeking reliable forex brokers often compare VT Markets and XM Group for their strong global presence and local payment support. Both brokers accept deposits via Bank Transfer, Skrill, Neteller, and USDT TRC20, making them accessible for Macedonian traders. VT Markets holds a 3.3/5 rating with competitive raw spreads, while XM Group scores 4.7/5 with robust regulation from CySEC and ASIC. Local traders benefit from the absence of strict local restrictions on foreign brokers, though the local financial regulator advises caution. This comparison covers trading costs, platforms, regulatory safety, and specific payment methods to help you choose the right broker for your trading style.

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Overall Scores Comparison

VT Markets
VT Markets
ASIC · FSCA · CIMA
3.3
CompareBroker score
VS
XM Group
XM Group
CySEC · ASIC · IFSC
4.3
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.4
4.4
WIN
Platforms
MT4, MT5, cTrader, TV
3.0
4.0
WIN
Regulation
Safety, oversight
3.6
4.6
WIN
Deposits
Local payments
3.4
4.4
WIN
Customer Support
24/5, chat, phone
3.1
4.1
WIN
Education
Webinars, guides
3.0
4.4
WIN
Execution
Speed, slippage
3.4
4.4
WIN
Mobile App
iOS, Android
3.3
4.3
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentVT MarketsXM GroupWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotXM Group
XAU/USD (Gold)$0.14 typical$0.12 typicalXM Group
GBP/USD avg spread0.29 pips0.23 pipsXM Group
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsXM Group
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$50$5XM Group

XM Group offers lower average spreads for North Macedonia traders, especially on its Zero account with spreads from 0.1 pips on EUR/USD. VT Markets provides competitive spreads but slightly higher on standard accounts, typically 1.0-1.2 pips. For higher-volume traders, XM’s cost structure becomes more favorable. Both brokers charge no commission on standard accounts, but XM’s Zero account has a small commission per lot. Overall, XM Group delivers better value for cost-sensitive Macedonian traders.

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Account Types Comparison

Account TypeVT MarketsXM Group
Standard account
ECN / Raw spread
Islamic (swap-free)
Demo account
PAMM / MAM account
Zero spread account
Copy trading
Min deposit$50$5
⚖️

Leverage Comparison - North Macedonia Traders

Entity / AssetVT MarketsXM Group
North Macedonia (offshore)Up to 1:500Up to 1:1000
Forex major pairs1:5001:1000
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 ClassVT MarketsXM GroupWinner
Forex pairs90+65+VT Markets
Gold (XAU/USD)Tie
Oil (WTI/Brent)Tie
Stock indices25+ indices20+ indicesVT Markets
Crypto CFDs30+20+VT Markets
Stocks / Share CFDsXM Group
ETFsTie
🖥️

Platforms Comparison

PlatformVT MarketsXM Group
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Expert Advisors (EAs)
Scalping allowed
Hedging allowed

Both brokers offer MetaTrader 4 and MetaTrader 5, the preferred platforms for North Macedonia traders due to their advanced charting and automated trading. XM also provides a proprietary WebTrader and mobile apps with local language support. VT Markets focuses on MT4/MT5 with ECN pricing, suitable for scalpers. For traders needing flexibility, XM’s broader platform suite may be more appealing, while VT Markets excels in raw execution speed.

Execution Quality - Speed & Slippage

FactorVT MarketsXM GroupWinner
Execution modelECN/STPTrue ECNXM Group
Avg execution speed~30ms~40msVT Markets
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowedTie
EA / Bot tradingTie

VT Markets uses No Dealing Desk (NDD) execution with ultra-low latency, ideal for scalpers. XM Group also offers NDD execution but with a slight delay on market orders. For North Macedonia traders using USDT or high frequency strategies, VT Markets may provide faster order fills. However, XM’s execution is still reliable for most retail strategies.

🛡️

Regulation & Safety for North Macedonia Traders

Safety FactorVT MarketsXM Group
Primary regulatorASICASIC
Top-tier regulated
Investor protection
Segregated funds
Neg. balance protection

XM Group is regulated by top-tier authorities including FCA, CySEC, and ASIC, offering strong client fund protection via segregation. VT Markets is regulated by CySEC and ASIC but lacks FCA oversight. For North Macedonia traders, neither broker is regulated by the local financial regulator, meaning traders rely on international regulation. XM’s multi-regulator oversight provides an extra layer of safety, while VT Markets still adheres to strict standards. The local financial regulator does not prohibit using such brokers, but traders should verify license status.

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 MethodVT MarketsXM Group
Bank Wire Transfer
Visa / Mastercard
Skrill
Neteller
USDT / Crypto
Withdrawal timeInternal/E-Wallet: 20–30 minutes up to 1 business day.Bank Cards (Credit/Debit): 1 to 3 business days.Bank Wire/International Transfer: 3 to 5 business days (can extend up to 7 business days depending on intermediary banks).Visa/Mastercard and e-wallets near-instant to 1-2 business days; bank wire several days

North Macedonia traders can fund accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both brokers. Deposits via e-wallets are processed instantly, while bank transfers may take 1-3 business days. USDT TRC20 deposits are fast and low-cost, ideal for crypto users. Withdrawals at XM Group are typically processed within 24 hours for e-wallets, while VT Markets may take up to 48 hours. Both brokers do not charge deposit fees for these methods, though bank intermediaries may apply. Skrill and Neteller withdrawals are free at XM, while VT Markets charges a small fee on certain methods. Overall, XM Group offers slightly faster and cheaper withdrawal options for Macedonian traders.

☪️

Islamic Accounts - Swap-Free for North Macedonia Muslims

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

Both VT Markets and XM Group offer swap-free Islamic accounts for Muslim traders in North Macedonia. These accounts waive overnight interest charges, complying with Sharia law. XM Group’s Islamic accounts are automatically available upon request with no extra conditions. VT Markets also provides Islamic accounts but may require a minimum deposit or active trading volume. For Macedonian Muslim traders, XM Group’s straightforward process is more convenient.

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 FeatureVT MarketsXM GroupWinner
Live chatTie
Phone supportTie
Email supportTie
24/7 supportTie
Response time (chat)<2 minutes<3 minutesVT Markets

XM Group offers 24/5 multilingual customer support via live chat, phone, and email, including support in South Slavic languages. VT Markets provides 24/7 support but primarily in English. North Macedonia traders may find XM’s localized assistance more helpful for account issues. Response times are generally under 5 minutes for live chat at both brokers.

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Mobile App Comparison

Mobile FeatureVT MarketsXM GroupWinner
iOS App Store rating4.5 stars4.3 starsVT Markets
Google Play rating4.3 stars4.2 starsVT Markets
Biometric loginTie
Push notificationsTie
Full charting on mobileTie
TradingView mobileTie
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Education & Research Tools

ResourceVT MarketsXM GroupWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)MonthlyTie
Economic calendarTie
Market analysisDailyBasicVT Markets

Real User Reviews - Trustpilot

T
VT Markets
★★★★★
2.8K
2,760 verified reviews
View on Trustpilot
T
XM Group
3.0K
2,978 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

VT Markets

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

XM Group

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

Who Should Use Which Broker? - North Macedonia Guide

Choose VT Markets if you...

  • Need raw spreads and fast execution for scalping
  • Prefer trading with USDT TRC20 deposits
  • Want a straightforward MT4/MT5 experience
  • Are comfortable with CySEC regulation

Choose XM Group if you...

  • Value lower overall costs and spreads
  • Want multi-regulator protection (FCA, ASIC, CySEC)
  • Need local language support for customer service
  • Prefer faster Skrill/Neteller withdrawals

FAQ - VT Markets vs XM Group in North Macedonia

Is VT Markets or XM Group 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 VT Markets and XM Group? +
Do both brokers offer Islamic accounts for North Macedonia? +

Final Verdict - North Macedonia 2026

XM Group wins overall

For North Macedonia traders, XM Group is the superior choice with a 4.7/5 rating, lower spreads, stronger regulation, and faster e-wallet payouts. It accommodates local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20 seamlessly. VT Markets (3.3/5) offers raw execution and crypto-friendly deposits but falls behind in overall safety and cost. Given the local financial regulator’s limited oversight of foreign brokers, XM Group’s multi-authority regulation provides greater peace of mind. Most retail traders in North Macedonia will benefit from XM Group’s comprehensive service and competitive trading conditions.

Open VT MarketsOpen XM Group
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
VT Markets 3.3/5
XM Group Winner4.3/5
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.