Which broker is better for Belarus traders in 2026? Expert analysis across 12 categories.
For Belarus traders looking to trade forex and CFDs in 2026, choosing between FXTM and FxPro is a critical decision. FXTM, with a score of 4.3/5, is known for its low spreads, diverse account types, and strong support for local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. FxPro, scoring 4.1/5, excels in execution speed and offers a wide range of trading instruments, including indices and commodities. Both brokers are well-suited for retail traders in Belarus, but their differences in costs, platforms, and regulatory protections can impact your trading experience. This comparison breaks down the key factors for Belarus traders, including local payment options, spreads in USD, and the role of the local financial regulator, to help you make an informed choice.
| Instrument | FXTM | 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 | $200 | $100 | FxPro |
When comparing trading costs for Belarus traders, FXTM generally offers lower spreads on major forex pairs, such as EUR/USD from 0.1 pips on its ECN account, while FxPro's Raw+ account starts at 0.2 pips. For a trader executing 10 standard lots per month, this difference can save around $100 in spread costs with FXTM. FxPro, however, has more competitive spreads on indices like the S&P 500, which may appeal to diversified traders. Both brokers charge no commission on standard accounts, but FXTM's ECN account has a small commission per lot. In USD terms, FXTM is more cost-effective for forex-heavy strategies, while FxPro suits those trading CFDs on indices and commodities.
| Account Type | FXTM | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✓ | ✗ |
| Min deposit | $200 | $100 |
| Entity / Asset | FXTM | FxPro |
|---|---|---|
| Belarus (offshore) | Up to 1:3000 | Up to 1:500 |
| Forex major pairs | 1:3000 | 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 | FXTM | FxPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FXTM |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FXTM |
| Crypto CFDs | ✗ | 20+ | FXTM |
| Stocks / Share CFDs | ✗ | 1,700+ | FxPro |
| ETFs | ✗ | ✗ | Tie |
| Platform | FXTM | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are popular among Belarus traders for their advanced charting and automated trading capabilities. FXTM also provides its proprietary FXTM Trader app, which is user-friendly for beginners, while FxPro offers cTrader for advanced order management. For Belarus traders, MT5 is particularly useful for multi-asset trading, and both brokers support it with fast execution. FxPro's cTrader is a standout for scalpers due to its depth of market and low latency. Overall, FXTM's platform suite is more beginner-friendly, while FxPro's tools cater to experienced traders.
| Factor | FXTM | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| Avg execution speed | ~30ms | ~40ms | FXTM |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
FxPro is known for its superior execution speed, with an average order execution of 0.1 seconds, making it ideal for scalpers and high-frequency traders in Belarus. FXTM's execution is slightly slower at 0.2 seconds but still reliable for most retail traders. Both brokers offer no requotes and use STP/ECN execution models. For Belarus traders trading volatile forex pairs, FxPro's faster execution can reduce slippage, while FXTM's execution is sufficient for swing and position traders.
| Safety Factor | FXTM | FxPro |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
FXTM is regulated by the FCA (UK) and CySEC (Cyprus), while FxPro holds licenses from the FCA, CySEC, and SCB (Bahamas). For Belarus traders, these international regulations provide a layer of security, including negative balance protection and segregated client funds. However, neither broker is directly regulated by the local financial regulator in Belarus, meaning traders should be aware of potential legal nuances. Both brokers offer investor compensation schemes (e.g., up to €20,000 under CySEC for EU clients), but Belarus traders may not fully benefit from these. It's advisable to check with the local regulator for any specific requirements before trading.
| Payment Method | FXTM | FxPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | 24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days. | 1 business day |
Belarus traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both FXTM and FxPro. FXTM processes Skrill and Neteller deposits instantly with no fees, and USDT TRC20 deposits are credited within minutes, making it ideal for fast funding. Bank transfers may take 1-3 business days and incur intermediary bank fees. FxPro also supports these methods, but USDT TRC20 is less emphasized on their platform. Withdrawals are processed within 24 hours for e-wallets at both brokers, while bank transfers can take 2-5 days. FXTM offers a slight edge with lower fees on USDT TRC20 transactions, which is popular among crypto-savvy Belarus traders.
| Islamic Account Feature | FXTM | 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 FXTM and FxPro offer Islamic (swap-free) accounts for Muslim traders in Belarus. FXTM provides Islamic accounts on its Standard and ECN accounts, with no overnight swap fees, but requires a minimum deposit of $500 for ECN Islamic accounts. FxPro offers Islamic accounts on all account types with no minimum deposit requirement, making it more accessible. However, FXTM's Islamic accounts may have a holding period before activation, while FxPro applies them immediately upon request. For Belarus traders adhering to Sharia law, both brokers are suitable, but FxPro's faster activation and lower entry barrier may be more convenient.
| Support Feature | FXTM | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FXTM |
FXTM offers 24/5 multilingual customer support via live chat, email, and phone, with dedicated support for Belarus traders in Russian. FxPro also provides 24/5 support in multiple languages, including Russian, but its response times can be slower during peak hours. For Belarus traders, FXTM's support is more responsive and tailored to local needs, with a dedicated account manager for VIP clients. FxPro's support is adequate but lacks the same level of personalization.
| Mobile Feature | FXTM | FxPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FXTM |
| Google Play rating | 4.3 stars | 4.2 stars | FXTM |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | FXTM | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FXTM |
Choose FXTM if you...
Choose FxPro if you...
For Belarus traders in 2026, FXTM is the better overall choice due to its lower spreads, stronger local payment support (Bank Transfer, Skrill, Neteller, USDT TRC20), and beginner-friendly platforms. Its 4.3/5 score reflects its reliability and cost-effectiveness for retail traders trading in USD. FxPro, with a 4.1/5 score, is a strong alternative for advanced traders who prioritize execution speed and a wider range of CFDs. However, neither broker is regulated by the local financial regulator, so traders should exercise caution and consider using smaller deposits initially. Ultimately, FXTM offers better value for most Belarus traders, while FxPro suits those with specific execution needs.