The 5 Best Forex Brokers in Belarus – Rated and Reviewed. We have listed the Top Forex Brokers accepting Traders from Belarus.
In this in-depth guide you will learn:
- The Best Forex Brokers in Belarus – a List
- The Best MT4/MT5 Forex Broker in Belarus
- Best Forex Brokers for Beginners
- Low BYN Minimum Deposit Brokers
- Is Forex Trading Legal in Belarus?
and much, MUCH more!
5 Best Forex Brokers in Belarus – a Comparison
5 Best Forex Brokers in Belarus (2024)
- ☑️ AvaTrade – Overall, the Best Forex Broker in Belarus
- ☑️ IC Markets – Best Forex Broker for Beginners
- ☑️ Tickmill – Low BYN Minimum Deposit
- ☑️ Pepperstone – Best MetaTrader 5 Broker in Belarus
- ☑️ XTB – High User Trust Score
AvaTrade
AvaTrade is a well-regulated and trusted Broker with a wide global reach. The Central Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA, KNF, and, the IIROC regulate it. Additional security measures include:
- 256-bit SSL encryption across the website to secure data transfer and prevent illegal access
- Adheres to the WebTrust standards, as verified by the American Institute of Verified Public Accountants (AICPA)
- The Segregation of Client Funds
Account available includes Retail/Standard, Professional, Islamic, and, Demo. The minimum deposit is 100 USD. Trading Platforms offered are:
- MetaTrader 4 and 5
- AvaTradeGO
- AvaSocial
- AvaTrade Web
- ZuluTrade
- DupliTrade
- AvaOptions
The following trading instruments and products are available:
- Over 50 currency pairings
- Precious metals such as gold and silver
- Agricultural commodities
- Metals and energy resources
Deposits and Withdrawal Options include Bank Wire Transfer, PayPal, WebMoney, and, Skrill.
Pros and Cons
Our Insights
The benefits of Trading with AvaTrade include a High Level of Security, Instructional Materials, Video Lessons, and, Trusted Customer Support.
IC Markets
IC Markets is a trustworthy and highly Regulated Forex Broker with Competitive Trading Fees. ASIC, CySEC, FSA, and, the SCB Regulate it. Additional security measures include the segregation of client funds, Negative balance protection, and the use of encryption technology.
Accounts available are cTrader, Raw Spread, Standard, and, Demo. The minimum deposit is 200 USD. Trading platforms include MetaTrader 4, MetaTrader 5, cTrader, IC Social, Signal Start, and, ZuluTrade. The following trading instruments and products are available:
- 64 currency pairings for trading
- 22 commodities
- 25 indices
- 11 distinct bond instruments
- 18 cryptocurrency alternatives
- 1,600 stocks
Moreover, four futures contracts are available. Deposit and Withdrawal Options include PayPal, Neteller, Skrill, and, Union Pay.
Pros and Cons
Our insights
The benefits of trading with IC Markets include trusted deposit options, a comprehensive selection of educational resources, and, a wide range of trading products.
Tickmill
Tickmill is a trusted and highly regulated Forex Broker offering tight spreads and Low commissions. The Seychelles FSA, FCA, CySEC, Labuan FSA, and, the FSCA regulate it. Additional security measures include the segregation of client funds. Moreover, Tickmill participates in financial services compensation schemes.
Accounts offered are VIP, Classic, Pro, Islamic, and, Demo. The minimum deposit is 100 USD. Trading Platforms available are MetaTrader 4 and MetaTrader 5. Additionally, a Proprietary trading platform is offered. The following trading instruments and products are available:
- 62 currency pairings
- 23 Indices
- 3 energy contracts
- 4 precious metals
- 4 bond instruments
Moreover, a selection of eight cryptocurrencies is allowed. Deposit and Withdrawal Options includes Bank Transfer, Crypto Payments, and, Skrill.
Pros and Cons
Our Insights
The benefits of trading with Tickmill include excellent educational resources, including Digital eBooks, seminars, and, a Blog.
Pepperstone
Pepperstone is an Australian Forex and CFDs Broker with a minimum deposit of AU$ 200. ASIC, BaFin, CMA, CySEC, DFSA, FCA and, the SCB regulate it. Additional security measures include segregated accounts with top-tier banks, robust safeguards, and, Negative Balance Protection.
Accounts offered are Standard, Razor, Professional, and, Demo. Trading Platforms include MetaTrader 4, MetaTrader 5, cTrader, Capitalise.ai, and, TradingView. The following trading instruments and products are available:
- 70 Forex pairs, including major, minor, and exotic currency pairings
- 17 commodities
- 28 indices
- Over 1,000 shares
Moreover, there are 100 ETFs accessible for trading. Deposit and Withdrawal Options include MPesa, PayPal, Neteller, and, Visa.
Pros and Cons
Our Insights
The benefits of Trading with Pepperstone include Multiple Account options, a wide selection of trading platforms, and, Trusted Customer support.
XTB
XTB is a global Forex and CFDs Broker licensed and governed by renowned authorities. The FCA, ACPR, BaFin, DFSA, KNF, CNMV, FSCA, CySEC, and, the IFSC regulate it. Additional security measures include firewalls, intrusion detection systems, and, multi-factor authentication.
Accounts offered are Standard, Swap-Free, and Demo. No minimum deposit is required. Trading Platforms available are xStation 5 and xStation 5 Mobile. The following trading instruments and products are available:
- Over 3,900 stock CFDs
- Precious metals including gold and silver
- Energy commodities like oil and agricultural goods
- CFDs for Exchange-Traded Funds (ETFs)
Moreover, prominent cryptocurrencies are available for trade. Deposit and Withdrawal Options include Skrill, Neteller, and, Safety Pay.
Pros and Cons
Our Insights
The benefits of trading with XTB include Educational resources suited to Beginners, narrow spreads on main currency pairs, and, access to a wide range of financial products.
In Conclusion
It is Legal to trade Forex in Belarus as to conduct business, currency must be exchanged. Moreover, multiple internationally regulated Forex Brokers accept Belarusian Traders. All 5 Brokers on this list accept both Beginners and Professional Traders in Belarus. However, the Belarusian ruble is not accepted as a base currency.
Our Insights
While reviewing the Best Forex Brokers that accept Belarusian Traders, we found 5 excellent options. Each broker has its list of Benefits, ranging from multiple account types to multilingual customer support. Finding the Best Forex Broker will depend on a trader’s individual trading needs.
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Frequently Asked Questions
Is Forex Trading Legal in Belarus?
Trading Forex in Belarus is available without restriction.
What is the local currency in Belarus?
The Belarusian ruble.
Is AvaTrade globally Regulated?
AvaTrade is regulated in multiple countries, including Australia and South Africa.
Does IC Markets offer a Swap-Free Option?
IC Markets provides an Islamic, Swap-Free Account.
How many Currency Pairs does Tickmill offer?
62 Currency Pairs, including Major, Minor, and, Exotic Pairs.
Does Pepperstone offer Scalping or Hedging?
Pepperstone allows scalping and hedging.
What is the Minimum Deposit to register an XTB account?
No minimum deposit is required.
