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Brokerlist2026

Brokers by Country · BY

Brokers in Belarus, 2026

Tracked byUpdated

Belarus runs a domestically-licensed retail forex market — the National Bank of the Republic of Belarus (NBRB) supervises forex companies under a 2014 framework that requires NBRB authorisation for retail FX intermediation. A small group of NBRB-licensed names operate (TeleTrade, MTBank's brokerage arm, Alpari Eurasia historically). Following 2022 sanctions, international banking access has been severely constrained; most retail FX activity now routes through stablecoins and third-country corridors.

5 / 9 brokers accept Belarus

mixed

  1. Editorial top pick

    01FxPro

    FCACySECSCBFSCA
    Open account at FxPro →
    Avg spread
    0.30pip
    midpoint of broker range
    Cost / lot
    $10.00
    incl. $7 commission
    Min deposit
    $100
    Max leverage
    1:500
    EU/UK retail: 1:30 · SCB (Bahamas) entity: 1:500

    Four diversified regulators (FCA, CySEC, FSCA, SCB) with 18+ years operating history · MT4/MT5 Standard accounts are spread-only at ~1.2 typical pips — only use cTrader or Raw if you want commission-based pricing

    Fits ifYou are EU or UK retail and want double tier-1 cover (FCA + CySEC) at one broker
    PlatformsMetaTrader 4, MetaTrader 5, cTrader, FxPro Edge

    Founded in 2006 · Verified Jun 1, 2026

    Full FxPro details →

  2. 02XM Group

    ASICCySECIFSC
    Open account at XM Group →
    Avg spread
    1.30pip
    midpoint of broker range
    Cost / lot
    $13.00
    no commission
    Min deposit
    $5
    Max leverage
    1:1000
    EU/AU retail: 1:30 · XM Global (offshore entity): up to 1:1000

    $5 minimum makes starting cheap · Standard account EUR/USD spread 1.0–1.6 pip (broker-published range) + $0 commission ≈ $13/lot — one of the highest costs in our list

    Fits ifYou want the lowest-friction entry in our list — $5 minimum deposit
    PlatformsMetaTrader 4, MetaTrader 5, Web Trader

    Founded in 2009 · Verified Jun 1, 2026

    Full XM Group details →

  3. 03Libertex

    SVG FSA
    Open account at Libertex →
    Avg spread
    0.50pip
    midpoint of broker range
    Cost / lot
    $5.00
    no commission
    Min deposit
    $10
    Max leverage
    1:999
    Libertex International (St. Vincent & the Grenadines). EU/EEA residents are served by the separate CySEC-regulated entity at 1:30.

    $10 minimum + Forex Club heritage (founded 1997) — long operating history · Offshore SVG (St. Vincent & the Grenadines) registration only — no tier-1 (FCA/ASIC) or EU (CySEC) oversight

    Fits ifYou have $10 to start — one of the lowest entry minimums in our list
    PlatformsMetaTrader 4, MetaTrader 5, Libertex Platform

    Founded in 1997 · Verified Jun 1, 2026

    Full Libertex details →

  4. 04Bybit

    VARA1 action
    Open account at Bybit →
    Avg spread
    0.10pip
    broker-published typical
    Cost / lot
    $4.00
    incl. $3 commission
    Min deposit
    None
    Max leverage
    1:500
    Up to 1:500 on FX/CFD via MT5 · 1:100+ on crypto perpetuals · no ESMA cap (offshore crypto-CFD exchange)

    MT5 CFD offering with ~0.1 typical spread + ≈$3 RT equivalent — cost-competitive with ECN tiers despite crypto-first business · FX CFDs are secondary product — Bybit core business is crypto derivatives, FX depth and liquidity differ from dedicated forex brokers

    Fits ifYou already trade crypto at Bybit and want FX CFDs in the same unified-margin account
    PlatformsMetaTrader 5, Bybit

    Founded in 2018 · Verified Jun 1, 2026

    Full Bybit details →

  5. 05Alpari

    MISA1 action
    Open account at Alpari →
    Avg spread
    0.25pip
    midpoint of broker range
    Cost / lot
    $7.50
    incl. $5 commission
    Min deposit
    $500
    Max leverage
    1:1000
    Pro ECN tier (Mauritius / St. Vincent offshore); Standard tier reaches 1:3000 at $50 min · not offered to EU/UK/AU retail

    27 years of operating history (founded 1998) — predates most current retail brokers · Regulated only by offshore entities (Mauritius / St. Vincent) after losing its FCA licence in 2015 — no tier-1 regulator, no FSCS-equivalent protection

    Fits ifYou have $500+ and want commission-based Pro ECN pricing at ~$7.50/lot with 27 years of operating history
    PlatformsMetaTrader 4, MetaTrader 5

    Founded in 1998 · Verified Jun 1, 2026

    Full Alpari details →

Country context

Regulator
NBRB · National Bank of the Republic of Belarus — central bank with banking, currency and capital-markets oversight; the Ministry of Finance handles securities-market policy
Currency
BYN
Payment methods
ERIPBank transfer (BYN)Wire transfer (USD via third-country)USDT
Tax

Personal income tax is a flat 13% for residents on most income types. Capital gains on financial instruments fall under personal income unless from licensed Belarusian securities held over specific terms. Foreign brokers do not withhold; income is self-declared via the MNS (Ministry of Taxes and Duties) annual return.

Retail trading rules

NBRB-licensed brokers operate under domestic leverage rules; offshore brokers serving Belarusian residents apply their own limits. Most major international brokers list Belarus as restricted due to OFAC, EU and UK sanctions screening; KYC commonly fails. Cross-border BYN transfers face de facto and de jure constraints; USDT has become the practical funding rail.

Frequently asked

Which brokers accept residents of Belarus?+

5 of 9 brokers in our ranking accept Belarus: FxPro, XM Group, Libertex, Bybit, Alpari.

Who regulates brokers for Belarus?+

Primary regulator: NBRB — National Bank of the Republic of Belarus — central bank with banking, currency and capital-markets oversight; the Ministry of Finance handles securities-market policy.

What payment methods are available?+

Common methods: ERIP, Bank transfer (BYN), Wire transfer (USD via third-country), USDT.

What are the tax rules for trading in Belarus?+

Personal income tax is a flat 13% for residents on most income types. Capital gains on financial instruments fall under personal income unless from licensed Belarusian securities held over specific terms. Foreign brokers do not withhold; income is self-declared via the MNS (Ministry of Taxes and Duties) annual return.

Scope of coverage

Brokers tracked
14
Regulators indexed
55
Regulator actions logged
2
Latest pricing verification
Jun 1, 2026

Pricing and licensing status refresh weekly; the ranking is reviewed quarterly.