Which broker is better for North Macedonia traders in 2026? Expert analysis across 12 categories.
For retail traders in North Macedonia, choosing between XM Group and FxPro is a key decision. XM Group holds a higher overall rating of 4.7/5 compared to FxPro's 4.1/5, reflecting its stronger performance in cost, platforms, and local payment support. Both brokers accept clients from North Macedonia and offer trading in USD, with deposit methods including Bank Transfer, Skrill, Neteller, and USDT TRC20. The local financial regulator in North Macedonia does not directly oversee these international brokers, so traders rely on the brokers' own regulatory licenses (e.g., FCA, CySEC). This comparison helps North Macedonia traders understand which broker offers better spreads, faster execution, and more convenient deposit/withdrawal options for their specific trading needs.
| Instrument | XM Group | FxPro | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FxPro |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FxPro |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FxPro |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FxPro |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $5 | $100 | FxPro |
When comparing trading costs for North Macedonia traders, XM Group generally offers lower spreads. On its Standard account, spreads start from 1.0 pips, while FxPro's Standard account averages 1.2 pips. For more active traders, XM Group's Zero account provides spreads from 0.0 pips with a commission per lot, whereas FxPro's Raw account has spreads from 0.5 pips with a commission. For a typical trade volume of 1 lot per month, XM Group can save traders around $20-30 in spreads compared to FxPro. Both brokers have no hidden fees for deposits via Bank Transfer, Skrill, Neteller, or USDT TRC20, but XM Group's cost structure is more favorable for North Macedonia traders.
| Account Type | XM Group | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $5 | $100 |
| Entity / Asset | XM Group | FxPro |
|---|---|---|
| North Macedonia (offshore) | Up to 1:1000 | Up to 1:500 |
| Forex major pairs | 1:1000 | 1:500 |
| 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 | XM Group | FxPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | XM Group |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | XM Group |
| Crypto CFDs | 30+ | 20+ | XM Group |
| Stocks / Share CFDs | ✗ | 1,700+ | FxPro |
| ETFs | ✗ | ✗ | Tie |
| Platform | XM Group | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
XM Group and FxPro both offer MetaTrader 4 and MetaTrader 5, which are the most popular platforms among North Macedonia traders. XM Group also provides its proprietary XM WebTrader for browser-based trading, while FxPro offers cTrader for advanced charting. FxPro's platforms are known for faster execution speeds, but XM Group's platforms are more user-friendly for beginners. For North Macedonia traders, both brokers support mobile trading apps with full functionality, ensuring easy access from any device. The choice depends on whether you prefer XM Group's simplicity or FxPro's advanced tools.
| Factor | XM Group | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| Avg execution speed | ~30ms | ~40ms | XM Group |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
FxPro is known for its fast execution speeds, with average order execution under 50 milliseconds, making it suitable for scalpers and high-frequency traders. XM Group also offers reliable execution but averages around 100 milliseconds. For North Macedonia traders, FxPro's execution quality is superior for short-term strategies, while XM Group's execution is sufficient for most retail traders. Both brokers use No Dealing Desk (NDD) execution for most account types, ensuring transparency.
| Safety Factor | XM Group | FxPro |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
XM Group is regulated by the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities and Investments Commission (ASIC). FxPro is regulated by the FCA, CySEC, and the Financial Sector Conduct Authority (FSCA) in South Africa. For North Macedonia traders, these international licenses provide a layer of security, but the local financial regulator does not have direct oversight. Both brokers offer negative balance protection and segregated client funds, which is crucial for retail traders. XM Group's FCA regulation is slightly more stringent, giving it an edge in trust and safety for North Macedonia clients.
| Payment Method | XM Group | FxPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | Visa/Mastercard and e-wallets near-instant to 1-2 business days; bank wire several days | 1 business day |
For North Macedonia traders, both XM Group and FxPro support deposits and withdrawals via Bank Transfer, Skrill, Neteller, and USDT TRC20. XM Group processes deposits instantly for e-wallets and USDT TRC20, with no fees, while bank transfers take 1-3 business days. Withdrawals at XM Group are free and processed within 24 hours for e-wallets. FxPro also supports these methods but may charge a small fee for bank transfers and take longer for USDT TRC20 withdrawals (up to 48 hours). For North Macedonia traders, XM Group's faster processing and no-fee policy make it more convenient, especially for those using Skrill or Neteller frequently. USDT TRC20 is a modern option for crypto-savvy traders, and both brokers accept it without additional charges.
| Islamic Account Feature | XM Group | FxPro |
|---|---|---|
| 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 XM Group and FxPro offer Islamic (swap-free) accounts for Muslim traders in North Macedonia. XM Group provides swap-free accounts on all account types (Standard, Micro, Zero) without any time limit, making it ideal for long-term traders. FxPro offers Islamic accounts on request, but they may apply a small administration fee after a certain period. For North Macedonia traders who follow Sharia law, XM Group's policy is more favorable as it eliminates swap charges entirely. Both brokers ensure that Islamic accounts comply with Islamic finance principles by not charging or paying interest on overnight positions.
| Support Feature | XM Group | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | XM Group |
XM Group offers 24/5 customer support in multiple languages, including English and local Balkan languages, via live chat, email, and phone. FxPro also provides 24/5 support but primarily in English, with limited local language options. For North Macedonia traders, XM Group's multilingual support is more accessible and responsive, ensuring quicker resolution of issues. Both brokers have comprehensive FAQ sections on their websites.
| Mobile Feature | XM Group | FxPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | XM Group |
| Google Play rating | 4.3 stars | 4.2 stars | XM Group |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | XM Group | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | XM Group |
Choose XM Group if you...
Choose FxPro if you...
For North Macedonia retail traders, XM Group is the stronger choice overall, with a higher rating (4.7/5 vs 4.1/5), lower spreads, and more convenient deposit/withdrawal options including Bank Transfer, Skrill, Neteller, and USDT TRC20. Its swap-free Islamic accounts and multilingual support further cater to local needs. FxPro excels in execution speed and platform variety, making it suitable for advanced traders. Given the local financial regulator's limited oversight, both brokers are safe, but XM Group's cost advantages and local payment support make it the recommended option for most North Macedonia traders in 2026.