Best Forex Brokers in North Macedonia for 2025
We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the top 10 Forex brokers in North Macedonia based on our analysis:
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AvaTrade - Best Forex broker in North Macedonia - A wide selection of financial assets. Innovative trading platforms. Highly rated educational resources. - 2
FP Markets - Robust regulation, serious fund protection plus segregated accounts in AA banks. Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server. Rich selection of trading platforms. - 3
Libertex - Tight spreads and attractive trading conditions. Wide selection of trading assets. Rich selection of educational materials and analytics. - 4
FxPro - Various trading platforms. A diverse range of available markets and products. Multiple analytics tools. - 5
Deriv - Simple and fast account opening process. A wide variety of account types cater to different trading needs. Low commission structure. - 6
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ActivTrades - Wide range of trading assets. A wide variety of trading platforms. Extensive training materials including webinars, videos, articles and guides. - 8
HF Markets - Regulated by reputable financial authorities. Wide selection of trading assets. A variety of educational materials and analytical reviews. - 9
IFC Markets - A wide range of trading assets. Variety of trading platforms. Educational materials for traders of all experience levels. - 10
XM - Wide range of trading assets. Extensive educational resources. Tight spreads on the Ultra Low account.
This detailed guide is tailored to assist you in selecting a broker that aligns seamlessly with your trading strategy while offering top-tier protection for your investments. Each broker listed here is characterized by its distinctive features, cutting-edge technology, and robust security protocols, ensuring an exceptional trading experience in the dynamic Forex market of North Macedonia.
Best Forex Brokers in North Macedonia in 2025
1. AvaTrade
AvaTrade is ideal for traders looking for various trading tools and a high level of investment protection. Beginners will be comfortable with the intuitive interface of the AvaTradeGO mobile platform, while experienced traders will appreciate the depth of MetaTrader's customization and analytical tools. However, traders who need access to STP or ECN accounts should pay attention to other brokerage companies.
Pros and Cons of AvaTrade
Pros
- A wide selection of financial assets.
- Innovative trading platforms.
- Highly rated educational resources.
Cons
- Limited trading account options.
- Account inactivity fee.
2. FP Markets
FP Markets successfully combines a strict licensing framework, a fast ECN order book with zero spreads, a rich selection of platforms — ranging from classic MT4/5 to TradingView and Iress DMA — and a developed analytics, education, and 24/7 support infrastructure. This combination makes the broker attractive for active scalpers and algorithmic traders who value speed and moderate commission per lot, as well as for investors preferring copy trading, PAMM/MAM, or DMA stocks via Iress. Beginners will benefit from a low entry of 100 AUD, online courses, and no inactivity fees.
Pros and Cons of FP Markets
Pros
- Robust regulation, serious fund protection plus segregated accounts in AA banks.
- Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server.
- Rich selection of trading platforms.
- Wide range of instruments.
- Numerous deposit/withdrawal methods.
- Strong analytics and education.
- 24/7 support.
Cons
- Lack of cent accounts and fixed spread accounts.
- Some analytical materials and software are accessible only with a deposit or trading volume.
3. Libertex
Libertex is an established broker offering various trading instruments and educational resources. With zero commission on deposits and various analytical tools, this broker can appeal to novice and experienced traders.
Pros and Cons of Libertex
Pros
- Tight spreads and attractive trading conditions.
- Wide selection of trading assets.
- Rich selection of educational materials and analytics.
Cons
- High swaps and inactivity fee.
4. FxPro
FxPro provides a comprehensive range of services and tools for traders. With its variety of trading accounts, platforms, and available markets, it is well-suited to meet the needs of different traders. This broker suits traders looking for a wide selection of markets, diverse platforms, and analytical tools. It is also apt for beginner traders, thanks to the educational materials and experienced traders who value flexible trading conditions.
Pros and Cons of FxPro
Pros
- Various trading platforms.
- A diverse range of available markets and products.
- Multiple analytics tools.
- Extensive educational materials.
Cons
- An inactivity fee.
- Absence of cent accounts and services for copying trades.
5. Deriv
Deriv is an appealing choice for a wide array of traders, particularly those who are just beginning or are at an intermediate level. Its user-friendly approach, diverse platforms, and low-cost structure make it ideal for individuals seeking a straightforward trading experience. While it may not fully satisfy the needs of highly advanced traders due to some limitations in educational and analytical resources, Deriv's overall offering is solid, making it a reliable and accessible broker for most trading requirements.
Pros and Cons of Deriv
Pros
- Simple and fast account opening process.
- A wide variety of account types cater to different trading needs.
- Low commission structure.
- A wide range of trading platforms.
- High-quality technical support with fast and effective responses.
Cons
- Some essential asset classes are absent, and a limited number of CFDs on stocks exist.
- Educational materials are confined to a blog and lack comprehensive learning resources.
6. Admirals
The broker Admirals is suitable for a broad spectrum of traders. With its strict regulation, various account types, and a competent set of educational and analytical materials, this broker provides high-quality services for novice and experienced traders.
Beginners seeking detailed educational resources and support will undoubtedly appreciate this broker. Experienced traders will also find it beneficial due to competitive trading commissions, abundant tools for analysis and trading, and the convenience of the depositing and withdrawal process.
Pros and Cons of Admirals
Pros
- Low trading fees.
- Wide range of payment methods.
- Extensive analytical resources.
- A rich collection of educational materials.
Cons
- Inactivity fee.
- Some users complain about the intrusiveness of the support service.
7. ActivTrades
ActivTrades is suitable for beginner traders who value simplicity and intuitive trading platforms, as well as a variety of educational materials to improve their skills. Moreover, this broker can be a suitable option for experienced traders who prefer to trade various instruments and use the powerful features of the MetaTrader 4, MetaTrader 5 and TradingView platforms.
However, for traders with more specific requirements, such as a variety of trading accounts or individual conditions for professional traders, ActivTrades may be less attractive.
Pros and Cons of ActivTrades
Pros
- Wide range of trading assets.
- A wide variety of trading platforms.
- Extensive training materials including webinars, videos, articles and guides.
- Professional Support Team.
Cons
- Lack of diversity in trading accounts.
8. HF Markets
HF Markets is a reliable and appealing Forex broker, offering a wide selection of trading assets, a variety of account types, and access to the popular trading platforms MetaTrader 4 and MetaTrader 5. With its regulation and industry experience, the company has earned a reputation as a dependable partner for traders of varying experience levels.
HF Markets is recommended for those seeking a trustworthy and vetted broker with favorable trading conditions and customer support.
Pros and Cons of HF Markets
Pros
- Regulated by reputable financial authorities.
- Wide selection of trading assets.
- A variety of educational materials and analytical reviews.
Cons
- There is no alternative to MetaTrader.
- High swaps and wide spreads.
9. IFC Markets
IFC Markets is a reliable and licensed broker, offering a broad spectrum of trading instruments and platforms for investors of various experience levels. With multilingual support and extensive educational resources, the company aims to provide its clients with a comfortable and efficient trading environment.
IFC Markets could be a suitable choice for investors seeking a variety of trading instruments and platforms.
Pros and Cons of IFC Markets
Pros
- A wide range of trading assets.
- Variety of trading platforms.
- Educational materials for traders of all experience levels.
- Tools for creating synthetic tools are available.
Cons
- High swaps.
10. XM
XM broker offers a wide range of services, making it an attractive option for various traders. With over 1500 trading instruments, extensive educational resources, and numerous trading platforms, XM is ideally suited for beginners and experienced traders. Novice traders will particularly appreciate the accessible educational materials and low entry threshold, while professionals will find the competitive spreads and diversity of instruments appealing.
Pros and Cons of XM
Pros
- Wide range of trading assets.
- Extensive educational resources.
- Tight spreads on the Ultra Low account.
- Many analytical materials.
- Commission-free deposits and withdrawals.
Cons
- Inconsistency in technical support.
- Inactivity fee.
- Standard account has a higher spread than the market average.
Regulation of Forex Brokers in North Macedonia
In North Macedonia, the regulatory landscape for Forex and CFD brokers is well-defined and involves multiple layers of oversight. The Securities and Exchange Commission of North Macedonia (SECM) is primarily responsible for the regulation and licensing of financial institutions, including Forex brokers. Additionally, the Central Bank of North Macedonia plays a crucial role in regulating the forex market by setting monetary policy and controlling the money supply.
However, similar to other countries with emerging markets, North Macedonia does not have a specific regulatory authority dedicated solely to overseeing Forex trading. This creates a somewhat decentralized regulatory environment compared to more centralized systems in other countries. As a result, many traders in North Macedonia prefer to engage with brokers regulated by well-known international authorities such as the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), or the Cyprus Securities and Exchange Commission.
How We Compiled the List of Top Forex Brokers in North Macedonia
Our approach to identifying the best Forex trading platforms in North Macedonia involved a meticulous process and a comprehensive set of criteria:
Detailed Research and Evaluation: We compiled a trading brokers list that meets our predefined criteria and rigorously evaluated their services, operational efficiency, and reliability.
Regulatory Standards: We focused on brokers regulated by well-known financial authorities such as the FCA, ASIC, and CySEC to ensure transparency and adherence to stringent financial standards.
Trading Conditions and Platforms: We assessed brokers based on their trading conditions, including spreads, fees, minimum deposits, and the diversity of trading instruments offered.
Customer Support and Localization: The quality of customer support was a key consideration, especially the availability of multilingual support and accessible communication channels. We also value brokers that provide localized services, such as websites and educational resources in Macedonian.
User Feedback: We incorporated genuine feedback from traders who have used these brokers to provide a balanced view of each broker's strengths and weaknesses.
By combining these factors, we ensured that our list of top Forex brokers in North Macedonia is comprehensive, reliable, and tailored to meet the needs of local traders.
FAQ
Which are the top Forex brokers in the world?
The top Forex brokers in the world include well-regulated and reputable firms such as Pepperstone, AvaTrade, CMC Markets, OANDA, and FxPro. These brokers are known for their robust trading platforms, excellent customer service, and comprehensive market research tools.
Is Forex trading legal in North Macedonia?
Yes, Forex trading is legal in North Macedonia. It is regulated by the Securities and Exchange Commission of North Macedonia (SECM) and the Central Bank of North Macedonia. Traders must ensure they comply with local laws and choose brokers that adhere to international regulatory standards.
How to open a Forex trading account from North Macedonia?
To open a Forex trading account from North Macedonia, follow these steps:
- Choose a reputable and regulated Forex broker.
- Complete the online application form on the broker's website.
- Submit required identification documents for verification (passport, utility bill).
- Fund your account using available deposit methods.
- Start trading on the broker's platform.
What does a Forex broker do?
A Forex broker acts as an intermediary between traders and the interbank system. They provide trading platforms, facilitate the execution of buy and sell orders, offer leverage, and may provide educational resources and customer support. Brokers may charge spreads, commissions, or both for their services.
How much money do I need to start Forex trading?
The amount of money needed to start Forex trading varies by broker. Some brokers allow you to open an account with as little as $100, while others may require higher minimum deposits. It's important to start with an amount you can afford to lose, as trading involves significant risk.
Can I trade Forex without a broker?
No, you cannot trade Forex without a broker. Brokers provide access to the Forex market, offer trading platforms, and execute trades on your behalf. They also provide leverage, which allows you to control larger positions with a smaller amount of capital.
What are the best trading platforms for Forex?
The best trading platforms for Forex include MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader. These platforms are known for their user-friendly interfaces, advanced charting tools, and automated trading capabilities. Some brokers also offer proprietary platforms with unique features. Additionally, many traders find TradingView brokers highly beneficial for their extensive charting tools and social trading features.
What is the best Forex broker for beginners in North Macedonia?
For beginners in North Macedonia, brokers such as XM, AvaTrade, and eToro are recommended. These brokers offer user-friendly platforms, educational resources, and demo accounts to help new traders learn and practice without risking real money.
Is it profitable to trade Forex in North Macedonia?
Forex trading can be profitable, but it carries significant risks. Success depends on factors such as market knowledge, trading strategy, risk management, and emotional discipline. Traders in North Macedonia should educate themselves thoroughly and use risk management tools to improve their chances of profitability.
Who regulates Forex trading in North Macedonia?
Forex trading in North Macedonia is regulated by the Securities and Exchange Commission of North Macedonia (SECM) and the Central Bank of North Macedonia. These authorities ensure that financial institutions comply with local laws and regulations to protect traders.
What is the local currency in North Macedonia?
The local currency in North Macedonia is the Macedonian Denar (MKD).
At what age can you start trading Forex in North Macedonia?
The legal age to start trading Forex in North Macedonia is 18 years old. Traders must provide proof of age and identity when opening a trading account with a broker.
