FXTM vs Libertex 2026: Which Broker Suits Belarus Traders Best?
Which broker is better for Belarus traders in 2026? Expert analysis across 12 categories.
Quick Verdict — Belarus Traders
For Belarus traders exploring forex brokers, FXTM and Libertex stand out as two popular choices in 2026. FXTM, with a score of 4.3/5, is known for its comprehensive trading tools, low spreads, and robust educational content. Libertex, scoring 3.7/5, offers a simpler platform with a focus on CFD trading and social features. In Belarus, where traders value reliable payment methods and local support, both brokers accept Bank Transfer, Skrill, Neteller, and USDT TRC20. The local trading context sees a growing interest in forex, with traders seeking platforms that balance cost efficiency and user experience. This comparison will help you decide which broker aligns better with your goals, considering factors like regulation, costs, and deposit options tailored to Belarus.
Overall Scores Comparison
Trading Costs - Spreads & Commissions
| Instrument | FXTM | Libertex | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Libertex |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Libertex |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Libertex |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Libertex |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $200 | $10 | Libertex |
When comparing trading costs for Belarus traders, FXTM offers a clear advantage. FXTM's spreads on major pairs like EUR/USD start as low as 0.1 pips on its ECN account, with a commission of $3.50 per lot. In contrast, Libertex has wider spreads, typically from 1.2 pips, with no commission but higher overall costs. For a Belarus trader executing 10 lots per month, FXTM can save up to $50 in spread costs. Libertex's fixed spreads can be less predictable during volatile markets. Both brokers have no hidden fees, but FXTM's volume-based discounts benefit active traders.
Account Types Comparison
| Account Type | FXTM | Libertex |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✓ | ✗ |
| Min deposit | $200 | $10 |
Leverage Comparison - Belarus Traders
| Entity / Asset | FXTM | Libertex |
|---|---|---|
| Belarus (offshore) | Up to 1:3000 | Up to 1:999 |
| Forex major pairs | 1:3000 | 1:999 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
Trading Instruments - Assets Available
| Asset Class | FXTM | Libertex | 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 | ✗ | ✗ | Libertex |
| ETFs | ✗ | ✓ | Tie |
Platforms Comparison
| Platform | FXTM | Libertex |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
FXTM provides the popular MetaTrader 4 and 5 platforms, along with its proprietary FXTM Trader app. These offer advanced charting, automated trading, and custom indicators—ideal for Belarus traders who want flexibility. Libertex uses its own web and mobile platform, which is simpler but less feature-rich. It includes a social trading feature for copying experts, but lacks the depth of MT4/5. For Belarus traders, FXTM's platform range better suits both beginners and experienced traders.
Execution Quality - Speed & Slippage
| Factor | FXTM | Libertex | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Libertex |
| 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 |
FXTM uses ECN/STP execution with no dealing desk intervention, ensuring fast fills and minimal slippage. Libertex operates as a market maker, which can lead to requotes during news events. For Belarus traders, FXTM's execution is more reliable for scalping and high-frequency trading, while Libertex suits casual traders.
Regulation & Safety for Belarus Traders
| Safety Factor | FXTM | Libertex |
|---|---|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✗ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
FXTM is regulated by multiple authorities including the FCA (UK), CySEC (Cyprus), and FSCA (South Africa), offering strong client protection. Libertex is regulated by CySEC and the FSC of Belarus, which adds local relevance. For Belarus traders, Libertex's FSC registration provides a layer of comfort, but FXTM's broader regulatory framework ensures higher transparency and fund security. Both brokers follow strict compliance, but FXTM's multi-jurisdictional oversight is more reassuring.
Deposits & Withdrawals for Belarus
| Payment Method | FXTM | Libertex |
|---|---|---|
| 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. | 5 business days |
Belarus traders can deposit and withdraw using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both FXTM and Libertex. FXTM offers instant deposits via e-wallets and crypto, with withdrawals processed within 24 hours. Libertex also supports these methods but may take 1-2 business days for Bank Transfers. Minimum deposits are $10 for FXTM and $50 for Libertex. USDT TRC20 is particularly useful for Belarus traders seeking fast, low-cost transfers. Both brokers charge no deposit fees, but Libertex has a small withdrawal fee on Bank Transfers.
Islamic Accounts - Swap-Free for Belarus Muslims
| Islamic Account Feature | FXTM | Libertex |
|---|---|---|
| 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 Libertex offer Islamic (swap-free) accounts for Belarus Muslim traders. FXTM provides them on Standard, ECN, and Cent accounts, with no swap charges on overnight positions. Libertex offers Islamic accounts upon request, with similar conditions. FXTM's policy is more transparent and widely available, making it a better choice for traders who need Sharia-compliant trading. However, Libertex's option is still viable for those preferring its platform.
Customer Support Comparison
| Support Feature | FXTM | Libertex | 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 customer support via live chat, email, and phone, with multilingual agents including Russian—a plus for Belarus traders. Libertex provides 24/5 support via chat and email, but phone support is limited. FXTM's response times are faster, and its knowledge base is more extensive. For Belarus traders, language support and accessibility are strong points for FXTM.
Mobile App Comparison
| Mobile Feature | FXTM | Libertex | 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 |
Education & Research Tools
| Resource | FXTM | Libertex | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | FXTM |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FXTM |
Real User Reviews - Trustpilot
Pros & Cons of Each Broker
FXTM
Libertex
Who Should Use Which Broker? - Belarus Guide
Choose FXTM if you...
- Want low spreads and tight costs for active trading
- Need advanced platforms like MetaTrader 4/5 with Expert Advisors
- Prefer strong multi-regulator oversight for safety
- Value fast deposits via USDT TRC20 and e-wallets
Choose Libertex if you...
- Prefer a simple, all-in-one platform with social trading
- Want a broker regulated in Belarus (FSC)
- Are a beginner looking for easy navigation
- Don't mind higher spreads for a more straightforward experience
FAQ - FXTM vs Libertex in Belarus
Final Verdict - Belarus 2026
For Belarus traders, FXTM is the stronger choice overall with a 4.3/5 score, offering lower costs, better platforms, and robust regulation. Its support for local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20 makes deposits seamless. While Libertex has local FSC regulation and a simpler interface, its higher spreads and weaker execution limit its appeal. FXTM's broader global oversight and educational resources provide greater value for most retail traders in Belarus.