Best international online brokers in Belarus in 2022

Saxo Bank
4.8
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XTB
4.8
Visit broker
76% of retail CFD accounts lose money
Oanda
4.6
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74-89% of retail CFD accounts lose money
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Best international online brokers in Belarus in 2022
Saxo Bank logo
XTB logo
Oanda logo
ActivTrades logo
Tickmill logo

To help you to find the best international online brokers in Belarus in 2022, we went ahead and did the research for you. We selected 101 quality online brokers, checked and compared basically every aspect of their services, with a special focus on fees, safety, trading platforms, as well as deposit and withdrawal options. Service providers had to prove their excellence in multiple areas to be considered among the best online brokers. And now, without further ado...

Top 5 picks for best international online brokers in Belarus in 2022:

  1. Saxo Bank is the best international online brokers in Belarus in 2022. Great trading platform. Outstanding research. Broad product portfolio.
  2. XTB takes second place. Low forex CFD fees, commission-free stocks/ETFs for some. Free and fast deposit and withdrawal. Easy and fast account opening.
  3. Oanda rounds out the top three. Great trading platforms. Outstanding research tools. Fast and user-friendly account opening.
  4. ActivTrades is numero quattro. Low trading fees. Excellent account opening. Free deposit and withdrawal.
  5. Tickmill just made it to the list in fifth place. Low forex fees. Fast and easy account opening. Free deposit and withdrawal.
Best international online broker in Belarus in 2022
Broker Info Score Minmum deposit
#1 Saxo Bank Danish investment bank 4.8 $2,000
#2 XTB Global CFD broker 4.8 $0
#3 Oanda US forex broker 4.6 $0
#4 ActivTrades Global CFD and forex broker 4.6 $500
#5 Tickmill Global forex broker 4.5 $100

What makes a good online broker? Surely, they need to provide great services in all areas, especially in terms of fair fees and safety. Depositing and withdrawing money should be either free or cheap and the process user-friendly. Great trading platforms, an easy account opening procedure and a wide range of products also weighed heavily in the scoring.

These features are easy to list, but hard to figure out. We are testing brokers based on nearly 500 criteria with real accounts and real money. You can find all the ranking criteria in our methodology.

For a tailored recommendation, check out our broker finder tool. Answer 4 simple questions and get a list of the most relevant brokers.

And now, let's see the best international online broker in Belarus in 2022 one by one, starting with the winner, Saxo Bank.

Saxo Bank Logo

#1 Best international online brokers for citizens in Belarus
Saxo Bank

4.8

Saxo Bank, a Danish investment bank founded in 1992, provides online trading and investment services. The company is regulated by several financial authorities globally, including the Danish Financial Services Agency (FSA) and the UK's Financial Conduct Authority (FCA).

Saxo Bank is a global service provider and its subsidiaries are present in the form of separate legal entities in different regions of the world. The services offered by the various entities may differ slightly, especially with respect to fees and product portfolios. In this review, we tested Saxo Bank UK.

Being regulated by top-tier financial authorities, and having a long track record and a banking background, are all good signs for Saxo Bank's safety.

HEADS UP: Recent issues with account opening - Saxo Bank seems to have a delay in sending you a crucial URL to start your account opening. For more info, see Saxo Bank account opening issues in the review's Account opening chapter. If you'd like to open an account regardless, click here to read about Saxo Bank alternatives.

Recommended for investors and traders looking for a great trading platform and solid research

Pros Cons
Great trading platform High bond, options and futures fees
Outstanding research High minimum deposit
Broad product portfolio Lacks live chat and 24/7 availability

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#1 Saxo Bank
Fees
3.3

Saxo Bank has overall average trading and non-trading fees, but the structure is quite mixed, with great differences between the fees for various asset classes.
Pros Cons
Low forex fees Inactivity fee
Low fund fees Custody fee
No withdrawal fee High fees for options and futures
Saxo Bank fees
Saxo Bank XTB Oanda ActivTrades Tickmill
US stock $10.0 $0.0 - - -
UK stock $11.2 $0.0 - - -
EURUSD benchmark fee $7.1 $8.3 $7.9 $6.9 $5.1
US stock index options $30.0 - - - -
Mutual fund $0.0 - - - -
S&P 500 index CFD fee $1.2 $1.5 $1.1 $0.9 $1.3

All commissions, spreads and financing rates (if applicable) for opening a position, holding for a week, and closing.

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#1 Saxo Bank
Mobile trading platform
5.0

Saxo Bank's user-friendly mobile app has the same look and very similar functionalities as the web platform.
Pros Cons
User-friendly None
Two-step (safer) login
Good search function
Best international online brokers for in Belarus in 2022 - Saxo Bank trading platform

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#1 Saxo Bank
Deposit and withdrawal
4.8

Saxo Bank provides multiple deposit and withdrawal options free of charge, on a user-friendly interface.
Pros Cons
Credit/Debit card available Electronic wallets not available
Free withdrawal
No deposit fee
Saxo Bank withdrawal fee and options
Saxo Bank XTB Oanda ActivTrades Tickmill
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No Yes Yes Yes
Electronic wallets No No Yes Yes Yes
Withdrawal fee $0 $0 $0 $0 $0

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XTB Logo

#2 Best international online brokers for citizens in Belarus
XTB

4.8

XTB is a global CFD broker with headquarters in London and Warsaw, founded in 2002. The company is regulated by several financial authorities worldwide, including the top-tier UK Financial Conduct Authority (FCA). In addition, XTB is listed on the Warsaw Stock Exchange, and as such is required to regularly disclose its financials.

XTB is considered safe because it has a long track record, is listed on a stock exchange and publishes its financial statements transparently.

HEADS UP: Recent feedback about deposit & withdrawal - The details of a wire transfer deposit might be unclear for some of our users according to recent feedback we received. If you have problems, head to the Deposit and withdrawal section of the review, where we explain how to do a free wire deposit to your XTB account under the 'Deposit and fees and options' heading.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex and cfd traders looking for low fees and great deposit/withdrawal service

Pros Cons
Low forex CFD fees, commission-free stocks/ETFs for some Product portfolio limited mostly to CFDs
Free and fast deposit and withdrawal Limited fundamental data
Easy and fast account opening Inactivity fee charged

Visit broker
76% of retail CFD accounts lose money

#2 XTB
Fees
4.4

Forex fees are low, in many cases there's no withdrawal fee, and some clients are eligible for free stock and ETF trading. However, there's an inactivity fee.
Pros Cons
Free stocks/ETFs up to €100k monthly volume Inactivity fee
Low forex and stock index CFD fees
Most bank transfer withdrawals are free
XTB fees
Saxo Bank XTB Oanda ActivTrades Tickmill
US stock $10.0 $0.0 - - -
UK stock $11.2 $0.0 - - -
EURUSD benchmark fee $7.1 $8.3 $7.9 $6.9 $5.1
US stock index options $30.0 - - - -
Mutual fund $0.0 - - - -
S&P 500 index CFD fee $1.2 $1.5 $1.1 $0.9 $1.3

All commissions, spreads and financing rates (if applicable) for opening a position, holding for a week, and closing.

Visit broker More
76% of retail CFD accounts lose money

#2 XTB
Mobile trading platform
4.4

The XTB mobile trading app has a good search function and a modern design. On the other hand, there is no two-step authentication.
Pros Cons
User-friendly No two-step (safer) login
Price alerts
Modern design
Best international online brokers for in Belarus in 2022 - XTB trading platform

Visit broker More
76% of retail CFD accounts lose money

#2 XTB
Deposit and withdrawal
4.5

XTB deposits and withdrawals are fast, mostly free and can be done via several channels.
Pros Cons
Credit/Debit card available Few minor account currencies accepted
Deposits/withdrawals are mostly free
E-wallets available
XTB withdrawal fee and options
Saxo Bank XTB Oanda ActivTrades Tickmill
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No Yes Yes Yes
Electronic wallets No No Yes Yes Yes
Withdrawal fee $0 $0 $0 $0 $0

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76% of retail CFD accounts lose money

Oanda Logo

#3 Best international online brokers for citizens in Belarus
Oanda

4.6

Oanda is a US-based forex broker founded in 1996. It is a private company and therefore not listed on any stock exchange.

Oanda operates via several entities worldwide and is regulated by top-tier authorities, such as the US Commodity Trading Futures Commission, the National Futures Association (CFTC) and the UK's Financial Conduct Authority (FCA).
 

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

The services offered by Oanda's various entities differ slightly. In this review, we mainly focus on the UK one.

Recommended for forex traders who value a user-friendly platform and great research tools

Pros Cons
Great trading platforms Only FX and CFD available
Outstanding research tools No stock exchange listing and banking background
Fast and user-friendly account opening Customer support is not 24/7

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74-89% of retail CFD accounts lose money

#3 Oanda
Fees
4.2

Oanda has low forex fees but average CFD fees. Withdrawal fees are low but not in all cases, while there's also a small inactivity fee.
Pros Cons
Low trading fees Average CFD fees
Low forex fees
First card withdrawal each month is free
Oanda fees
Saxo Bank XTB Oanda ActivTrades Tickmill
US stock $10.0 $0.0 - - -
UK stock $11.2 $0.0 - - -
EURUSD benchmark fee $7.1 $8.3 $7.9 $6.9 $5.1
US stock index options $30.0 - - - -
Mutual fund $0.0 - - - -
S&P 500 index CFD fee $1.2 $1.5 $1.1 $0.9 $1.3

All commissions, spreads and financing rates (if applicable) for opening a position, holding for a week, and closing.

Visit broker More
74-89% of retail CFD accounts lose money

#3 Oanda
Mobile trading platform
5.0

Oanda's mobile platform is similar to the web trading platform in functionality, and as a plus, you can also set price alerts.
Pros Cons
User-friendly No Touch/Face ID login
Two-step (safer) login
Good search function
Best international online brokers for in Belarus in 2022 - Oanda trading platform

Visit broker More
74-89% of retail CFD accounts lose money

#3 Oanda
Deposit and withdrawal
4.2

Oanda charges no deposit and account fees. You can withdraw your money free of charge to a debit/credit card, but bank transfer withdrawals are quite costly.
Pros Cons
Credit/Debit card available High withdrawal fee for bank transfers
Free withdrawal
No deposit fee
Oanda withdrawal fee and options
Saxo Bank XTB Oanda ActivTrades Tickmill
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No Yes Yes Yes
Electronic wallets No No Yes Yes Yes
Withdrawal fee $0 $0 $0 $0 $0

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74-89% of retail CFD accounts lose money

ActivTrades Logo

#4 Best international online brokers for citizens in Belarus
ActivTrades

4.6

ActivTrades is a global forex broker founded in 2001. It is regulated by the UK's Financial Conduct Authority (FCA) and Commission de Surveillance du Secteur Financier (CSSF)

ActivTrades is considered safe because it has a long track record and it is regulated by the FCA, a top-tier financial authority.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex and cfd traders looking for low fees and great deposit/withdrawal conditions

Pros Cons
Low trading fees Slim product portfolio
Excellent account opening Basic research tools
Free deposit and withdrawal There is an inactivity fee

Visit broker
65% of retail CFD accounts lose money

#4 ActivTrades
Fees
4.5

ActivTrades has low trading fees and average non-trading fees. As a plus, it charges no deposit and withdrawal fees in most cases.
Pros Cons
Low trading fees Inactivity fee
No withdrawal fee
ActivTrades fees
Saxo Bank XTB Oanda ActivTrades Tickmill
US stock $10.0 $0.0 - - -
UK stock $11.2 $0.0 - - -
EURUSD benchmark fee $7.1 $8.3 $7.9 $6.9 $5.1
US stock index options $30.0 - - - -
Mutual fund $0.0 - - - -
S&P 500 index CFD fee $1.2 $1.5 $1.1 $0.9 $1.3

All commissions, spreads and financing rates (if applicable) for opening a position, holding for a week, and closing.

Visit broker More
65% of retail CFD accounts lose money

#4 ActivTrades
Mobile trading platform
4.9

ActivTrades has its own great mobile trading platform. It is well-designed and user-friendly with a good search function. However, it lacks a safe login.
Pros Cons
User-friendly No two-step (safer) login
Good search function
Price alerts

Visit broker More
65% of retail CFD accounts lose money

#4 ActivTrades
Deposit and withdrawal
4.5

ActivTrades offers free deposit and withdrawal options, including bank transfer, credit card and various e-wallets. On the negative side, minor currencies are not accepted.
Pros Cons
Credit/Debit card available Minor account currencies not available
Free withdrawal
No deposit fee
ActivTrades withdrawal fee and options
Saxo Bank XTB Oanda ActivTrades Tickmill
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No Yes Yes Yes
Electronic wallets No No Yes Yes Yes
Withdrawal fee $0 $0 $0 $0 $0

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65% of retail CFD accounts lose money

Tickmill Logo

#5 Best international online brokers for citizens in Belarus
Tickmill

4.5

Tickmill is a global forex and CFD broker, established in 2014. The company is regulated by several financial authorities globally, including the top-tier Financial Conduct Authority (FCA) in the UK; and as such is considered a safe broker.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex traders looking for low fees who are familiar with the metatrader 4 platform

Pros Cons
Low forex fees Only forex and CFDs
Fast and easy account opening Outdated platform design and functions
Free deposit and withdrawal Basic news feed

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70% of retail CFD accounts lose money

#5 Tickmill
Fees
4.5

Tickmill has low forex fees and average CFD fees. There is no fee for deposit, withdrawal or inactivity.
Pros Cons
Low forex fees Average CFD fees
No withdrawal fee
No inactivity fee
Tickmill fees
Saxo Bank XTB Oanda ActivTrades Tickmill
US stock $10.0 $0.0 - - -
UK stock $11.2 $0.0 - - -
EURUSD benchmark fee $7.1 $8.3 $7.9 $6.9 $5.1
US stock index options $30.0 - - - -
Mutual fund $0.0 - - - -
S&P 500 index CFD fee $1.2 $1.5 $1.1 $0.9 $1.3

All commissions, spreads and financing rates (if applicable) for opening a position, holding for a week, and closing.

Visit broker More
70% of retail CFD accounts lose money

#5 Tickmill
Mobile trading platform
3.8

Tickmill has a great mobile trading platform, offered by MetaTrader 4. It is a well-designed and user-friendly platform with a good search function. However, it lacks a safe login.
Pros Cons
User-friendly No two-step (safer) login
Good search function No Touch/Face ID login
Price alerts
Best international online brokers for in Belarus in 2022 - Tickmill trading platform

Visit broker More
70% of retail CFD accounts lose money

#5 Tickmill
Deposit and withdrawal
4.5

Deposit and withdrawal are fast and free of charge, and can be done via bank transfer, credit/debit cards and e-wallets; though only a few account base currencies are available.
Pros Cons
Free withdrawal Few account base currencies
No deposit fee
Tickmill withdrawal fee and options
Saxo Bank XTB Oanda ActivTrades Tickmill
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No Yes Yes Yes
Electronic wallets No No Yes Yes Yes
Withdrawal fee $0 $0 $0 $0 $0

Visit broker More
70% of retail CFD accounts lose money

Best international online brokers for in Belarus in 2022
What makes a good online broker

Now that you know the top 5, you probably want to know how we came up with this list. Let's go through a few points quickly.

Are these brokers reliable?

Absolutely. You can be sure none of them is a scam. They are all regulated by at least one top-tier regulator.

How did BrokerChooser pick the best online brokers?

At BrokerChooser, we test online brokers based on more than 500 criteria, with real accounts and real money. We don't want to overwhelm you, so we will list only the top 5 criteria.

The 5 most important criteria for best international online brokers in 2022
1. Fees Trading fees for a given stock trade can be 50 times higher at one online broker compared to another. The brokers listed here all have low fees.
2. Deposit and withdrawal At some online brokers, funding and withdrawing funds can take much longer and be much more expensive than at others.
3. Trading platform A user-friendly and well-equipped trading platform can significantly increase your trading comfort.
4. Account opening Some online brokers require a minimum deposit to start investing while others don't ask for a fix first-time deposit. Check these requirements before opening an account.
5. Markets and products Want to invest in Japanese stocks or trade Bitcoin? They are not be available at each broker. We selected brokers with a wide range of products so you can trade many asset types.

Best international online brokers for in Belarus in 2022
Bottom line

These were the details, now let's zoom out. Here are the best international online brokers in 2022 for residents in Belarus:

Best international online brokers for residents in Belarus
Saxo Bank XTB Oanda ActivTrades Tickmill
Overall score 4.8 4.8 4.6 4.6 4.5
Fees score 3.3 stars 4.4 stars 4.2 stars 4.5 stars 4.5 stars
Mobile platform score 5.0 stars 4.4 stars 5.0 stars 4.9 stars 3.8 stars
Deposit and withdrawal score 4.8 stars 4.5 stars 4.2 stars 4.5 stars 4.5 stars
Account opening score 2.0 stars 5.0 stars 4.2 stars 5.0 stars 5.0 stars
Markets and products score 5.0 stars 2.9 stars 1.8 stars 1.5 stars 1.7 stars
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76% of retail CFD accounts lose money
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74-89% of retail CFD accounts lose money
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65% of retail CFD accounts lose money
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70% of retail CFD accounts lose money

Saxo Bank is our winner, the best international online broker in Belarus in 2022. Great trading platform. Outstanding research. Broad product portfolio.

Still unsure? For a tailored recommendation, check out our broker finder tool. If you enter the name of your country, it will show only the brokers that are relevant to you. Want more details? Compare brokers with the help of this detailed comparison table.

Author of this article

Gergely Korpos

Author of this article

Gergely is the co-founder and CPO of BrokerChooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Gergely Korpos

Co-founder, CPO

Gergely is the co-founder and CPO of BrokerChooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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Visit XTB
76% of retail CFD accounts lose money
Visit Oanda
74-89% of retail CFD accounts lose money
Visit ActivTrades
65% of retail CFD accounts lose money
Visit Tickmill
70% of retail CFD accounts lose money
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