
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:
- Saxo Bank is the best international online brokers in Belarus in 2022. Great trading platform. Outstanding research. Broad product portfolio.
- 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.
- Oanda rounds out the top three. Great trading platforms. Outstanding research tools. Fast and user-friendly account opening.
- ActivTrades is numero quattro. Low trading fees. Excellent account opening. Free deposit and withdrawal.
- Tickmill just made it to the list in fifth place. Low forex fees. Fast and easy account opening. Free deposit and withdrawal.
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, 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 |
#1 Saxo Bank
Fees
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 | 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.
#1 Saxo Bank
Mobile trading platform
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 |

#1 Saxo Bank
Deposit and withdrawal
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 | 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 |
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 |
#2 XTB
Fees
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 |
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.
#2 XTB
Mobile trading platform
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 |

#2 XTB
Deposit and withdrawal
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 |
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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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 |
#3 Oanda
Fees
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 |
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.
#3 Oanda
Mobile trading platform
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 |

#3 Oanda
Deposit and withdrawal
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 |
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 |
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 |
#4 ActivTrades
Fees
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 |
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.
#4 ActivTrades
Mobile trading platform
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 |
#4 ActivTrades
Deposit and withdrawal
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 |
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 |
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 |
#5 Tickmill
Fees
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 |
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.
#5 Tickmill
Mobile trading platform
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 |

#5 Tickmill
Deposit and withdrawal
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 |
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 |
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.
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:
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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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.