10 Best Forex Brokers in Belarus for 2026

Forex trading is becoming increasingly popular in Belarus, with many traders looking for the best forex broker to meet their trading needs. There are numerous forex brokers operating in the country, each offering a range of features and services to their clients. 

To help traders make an informed decision, it is important to consider factors such as regulation, trading platforms, assets offered, and customer support. This guide provides a comprehensive overview of the best forex brokers in Belarus, helping traders find the right broker for their specific needs and goals.

A List of Top Forex Brokers in Belarus

• Pepperstone: Best Overall Forex broker  
• IC Markets: Best for Low Spreads  
• BlackBull Markets: Best Broker For Free TradingView
• ThinkMarkets: Best for Gold Trading 
• FP Markets: Best for Low-cost Trading
• Eightcap: Best for Smart Trading Tools 
• ActivTrades: UK Based Brokers Offering Services Globally 
• Avatrade: Best for Auto Trading 
• AxiTrader: Best for Trading Instruments 
• FBS: Best for Beginners 

Best Forex Brokers in Belarus (Compared and Reviewed)

1. Pepperstone: Best Overall Forex Brokers in Belarus

Founded in 2010 by Owen Kerr and Joe Davenport, Pepperstone is a forex, CFD, and spread betting broker that offers online trading services to traders globally. The broker is regulated by 7 top-tier regulatory authorities, including FCA, ASIC, CySEC, BaFIN, SCB (Bahamas), CMA, and DFSA (Dubai). The broker accepts clients from Belarus under its SCB regulations.

Pepperstone offers 3 of the most popular trading platforms: MT4, MT5, and cTrader. The broker also supports third-party charting or trading tools such as TradingView, DupliTrade, MirrorTrader, Myfxbook, Smart Trader Tools, cTrader Automate, Autochartist, and Algorithmic trading.

Pepperstone accepts almost all trading styles, including scalping, EA trading, news trading, hedging, copy trading, and more. Pepperstone also supports passive investment programs like PAMM and MAM. The broker also offers API trading and VPS hosting.

Key Features:

• Trading Instruments: 1250+Trading instruments including Forex, Commodities, Cryptocurrencies, Shares/Stocks CFDs, etc 
• Maximum leverage: 1:30 for retail traders, 1:500 for professional traders 
• Minimum Deposit: $0  (recommended $200 or Equivalent)
• Account Types: Two ( Standard account, Razor Account) 
• Trading Fees: Spread starting from 1 pip for Standard Account or Commission 3.00 to 3.50 per lot for Razor Account on a Single Trip. 
• PAMM/ MAM:  Available 
• Scalping: Allowed 
• News Trading: Allowed
• EA/ Robot Trading: Allowed

Our Rating

Pros:

• Pepperstone is regulated in 7 reputed jurisdictions, including FCA in the UK, CySEC in Cyprus, ASIC in Australia, BaFin in Germany, DFSA in Dubai, CMA, and SCB in the Bahamas.
• Fast order execution is ensured, with an average of 30 milliseconds.
• Competitive spreads starting from 0.0 pips are offered.
• Clients’ funds are segregated with tier 1 banks for added security.
• There are no inactivity fees associated with the platform.
• Attractive trading conditions are provided.
• Pepperstone offers over 1200 trading instruments for diverse investment opportunities.
• The platform facilitates fast and complete online account opening.
• MT4 Smart Trader Tools, Autochartist, Capitalise.ai, and free VPS are among the trading tools available for users.

Cons:

• US Traders are not allowed 
• Only CFDs are Offered 
• No cent/Micro Account 
• Minimum recommended deposit is $ 200
• Support works only 24/5  
• Limited account protection for non-U.K./E.U. clients
• No guaranteed Stop-loss 
• 30-day expiry for demo accounts

Pepperstone onboards the clients of Belarus under clients under its EU entity (CySEC Regulation). Learn more about Pepperstone in Belarus

2. IC Markets: Best for Low-Spread Trading

Founded by Andrew Budzinksi in 2007, IC Markets is a Forex and CFD brokerage firm offering online trading services for retail and institutional clients. Although the company is based in Australia, it provides online trading services globally, including in Belarus. IC Markets is regulated by top-tier regulatory authorities such as ASIC, CySEC, and FSA. 

IC Markets offers the most popular trading platforms such as MT4, MT5, and cTrader, which are accessible on desktops, web browsers, and mobile devices. The brokerage provides access to over 2150 trading instruments, including 61 forex pairs, 25 Indices CFDs, 20 commodity CFDs, 2100+ stock CFDs, 21 cryptocurrency CFDs, and 4 Future CFDs

Key Features:

• Trading Instruments: 2150+ including  Forex, commodities, indices, bonds, stocks, futures, cryptocurrencies
• Maximum leverage: 1:30 for retail accounts, 1:500 for the professional account
•  Minimum Deposit: $200 or Equivalent
• Account types: Standard Account and Raw Account (Metater, Ctrader) 
• Fees:  Spread starting from 0.8  pips for Standard Account or 3.00 to 3.50 per lot for Raw Account on a single Trip. 
• PAMM/ MAM:  Not Available 
• Scalping: Allowed 
• News Trading: Allowed
• EA/ Robot Trading: Allowed 
• EA/ Robot Trading: Allowed

Our Rating

Pros:

• A fully regulated broker operates in two tier-1 jurisdictions and one tier-4 jurisdiction.
• It offers super-fast trade execution speed.
• The broker provides low spreads starting from 0 pips.
• Account opening is easy and fast.
• Deposits and withdrawals are free.
• The broker offers standard and raw spread account options.
• Trading EA is allowed.
• Traders have the ability to trade from a mobile device.
• A demo account is available.

Cons:

• The broker requires a higher minimum deposit of $200.
• Non-EU clients do not have investor protection.
• The product selection is limited.
• Weekend trading is not available.
• US traders are not accepted.
• The broker is not regulated by the FCA.

IC Markets onboards the clients of Belarus under its EU entity  ( IC Markets (EU) Ltd which is regulated by CySEC). Discover more about IC Markets in Belarus

3. Blackbull Markets: Fastest Execution Forex Broker

Founded in 2024, BlackBull Markets is a New Zealand-regulated forex and CFD broker. The broker is regulated by FMA, FSPR, and FSA-S. Offering over 26,000 trading instruments including Forex, CFDs, Equities, and Commodities (energies, agriculture, metals, futures, indices), there is no minimum deposit requirement. Deposits can be as low as $1. The broker’s spreads start from as low as 0.0 pips. BlackBull Markets is renowned for its fast execution speed, with orders executed in less than 100 milliseconds. 

BlackBull Markets provides a variety of trading platforms, including MT4, MT5, Ctrader, TradingView, and the BlackBull Copy Trader platform. It offers TradingView premium platforms for free. Additionally, the broker offers free VPS services, ZuluTrade, and Myfxbook access. BlackBull Markets accepts clients worldwide, excluding the US, US Territories, and OFAC Sanctions. 

Key Features:

• Trading Instruments: 26000+ trading instruments in 80 markets  including  Forex, Crypto CFDs, Indices CFDs, Commodities CFDs, Stocks CFDs, 
• Maximum leverage: up to 1:500 
• Minimum Deposit: $0 for standard, $2000 for Prime, $20,000 for Institutional account
• Account Types: Offers 3 account types including ECN standard, ECN Prime, and ECN institutional. 
• Fees: starting from 0.8 pips for a standard account, (0.1 pips + $6) per lot for an ECN Prime Account, and (0.0 Pips +$4) for an Institutional account.
• PAMM/ MAM:  Yes, 
• ZuluTrade: Yes 
• Scalping: Allowed 
• News Trading: Allowed
• EA/ Robot Trading: Allowed 
• EA/ Robot Trading: Allowed

Our Rating

Pros:

• Regulated by  FMA, FSPR, FSP, FSA-S
• Founded in New Zealand and operating globally
• Professional and Retail Trading options 
• No Minimum Deposit Requirement ($0) 
• The Maximum Leverage is as  high as 1:500
• Allow Scalping, News Trading, EA/Robot Trading 
• Offers Multiple Trading platforms including MT4, MT5, WebTrader, TradingView
• Supports multiple third-party copy trading platforms, such as ZuluTrade, Duplitrade, and Myfxbook.

Cons:

• BlackBull lacks additional Tier-1 regulatory licenses outside of New Zealand.
• $2,000 minimum deposit for Prime Account
• The Ctrader platform is not offered 
• Withdrawal fees 
• Limited Research Tools 
• Not very diverse range of tradable assets

Eightcap onboards the clients of Belarus under its FSA in Seychelles entity (BBG Limited). The broker offers as high as 1:500 leverage for the traders of Belarus. Discover more about BlackBull Markets in Belarus here.

4. ThinkMarkets

Founded in 2010 by Nauman and Faizan Anees, ThinkMarkets is an Australian-based forex and CFD broker that offers online trading services worldwide.  The company has offices in London, Tokyo, Chicago, Melbourne, Limassol, Dubai, Sofia, and Johannesburg. On its MetaTrader and ThinkTrader platforms, clients can trade over 4,000 instruments. Real stock trading is available on the ThinkTrader app. Traders are supported with free VPS, Signal Centre, Dynamic leverage, Traders’ Gym, etc. To learn more about Think Markets, read our review on Think Markets

Key Features

• Trading Instruments: 4000+ trading instruments including forex, cryptocurrencies, shares CFDs, indices, metals, and commodities. 
• Maximum leverage: The maximum leverage of ThinkMarkets is as high as 2000:1. Leverage may vary based on jurisdiction and tradable assets. 
• Minimum Deposit: The minimum deposit is as low as $0. However, the minimum deposit varies based on account type. ( Standard account: $0, Mini Account: $10, ThinkZero Account: $500)
• Account Types: Three ( Standard account, ThinkZero Account, Mini Account) 
• Trading Fees: Spread starting from 1 pip for Standard Account or Commission 3.00 to 3.50 per lot for Razor Account on a Single Trip. 
• Trading Fees: Spreads start from 0.4 pips for the standard account (No commission), and 2.52 pips for the Mini Account (no commission). The ThinkZero account has a spread of 0.0 pips with a commission of $3.5 per lot per side.
• PAMM/ MAM:  Available 
• Scalping: Allowed 
• News Trading: Allowed
• EA/ Robot Trading: Allowed

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