Intro and winners
Find below the strengths of the best brokers available in Myanmar (Burma), updated for 2024:
- XTB is the best international online brokers in Myanmar (Burma) in 2024. - Commission-free stocks and ETFs (for trades up to €100k per month). Free and fast deposit and withdrawal. Easy and fast account opening. Interest paid on cash.
- Oanda - Great trading platforms. Outstanding research tools. Fast and user-friendly account opening.
- FXCM - Fast and straightforward account opening. Good technical research tools. High-quality educational content.
- Axi - Low forex fees. No withdrawal/deposit fees. Fully digital account opening.
- AvaTrade - Easy and fast account opening. Free deposit and withdrawal options. Great research tools.
- FXTRADING.com - Low forex fees. Easy and fast account opening. Free deposit and withdrawal.
- MultiBank - Quick and easy account opening. Free and varied deposit and withdrawal options. Fast and helpful customer service.
- FBS - Low stock and stock index CFD fees and no inactivity fee. Easy and fast account opening. Excellent education services.
- TMGM - Low forex fees. Easy and fast account opening. Free deposit and withdrawal.
- FXTM - Low fees. Digital and fast account opening. Good customer service.
International online brokers' key info overview
While many international online trading brokers offer an excellent service, the ones in our toplist go the extra mile. These international online trading platforms offer a broad range of markets and asset classes and are suitable for beginners and experienced traders alike.
Popularity of the best online brokers in Myanmar (Burma)
Interested in what others think? Here's how many people chose these brokers at BrokerChooser in the last 6 months.
Trading fees
In most cases the key broker selection criteria is how much you have to pay for a trade in spreads, commission and other trading costs, so we collected the most important fees for you in the table below.
Other fees at international online brokers
Non-trading fees are charges not directly related to a given trade and typically include the account maintenance fee, deposit/withdrawal fees, and the inactivity fee.
Can I trust these online brokers in Myanmar (Burma)?
Yes, BrokerChooser exclusively recommends legit brokers, overseen by at least one globally acknowledged regulator. We track more than 30,000 brokers and trading platforms that we don't recommend. To make sure that a broker is reputable and reliable, use our Scam Broker Shield tool.
Key criteria determining a broker's trustworthiness are: regulation, availability of investor protection, as well as a long and spotless track record. Explore the interactive table below, encompassing this array of vital data.
| Broker | Top-tier regulators | Trusted broker |
|---|---|---|
| XTB | FCA in the UK | |
| Oanda | FCA in the UK, CIRO in Canada, and ASIC in Australia | |
| FXCM | FCA in the UK and ASIC in Australia | |
| Axi | FCA in the UK and ASIC in Australia | |
| AvaTrade | CBI in Ireland and ASIC in Australia | |
| FXTRADING.com | ASIC in Australia | |
| MultiBank | ASIC in Australia and BaFin in Germany | |
| FBS | ASIC in Australia | |
| TMGM | ASIC in Australia | |
| FXTM | FCA in the UK |
Our assessment of best international online brokers for residents in Myanmar (Burma) in 2024
At BrokerChooser we do our best to make it easier for you to compare and select the best broker for your needs. Here is a summary of our scores in the most important aspects of these trading platforms' services.
If you are unsure how brokerage fees are charged, check out this article on the various fees, charges and costs.
And now, let's see the top international online brokers for 2024 for residents in Myanmar (Burma) in detail one by one, starting with the winner, XTB.
Recommended for forex and CFD traders looking for low fees and great deposit/withdrawal service
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76% of retail CFD accounts lose money
| XTB snapshot | |
|---|---|
| Fees class | Low |
| Minimum deposit | $0 |
| Deposit method | Bank transfer, Credit/debit cards, Paysafe, Skrill, ecommpay, PayU, PayPal |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | Yes |
| Read review | For a detailed analysis of XTB services, check out our review for 2024 |
Recommended for forex traders who value a user-friendly platform and great research tools
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75% of retail CFD accounts lose money
| Oanda snapshot | |
|---|---|
| Fees class | Low |
| Minimum deposit | $0 |
| Deposit method | Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller |
| Withdrawal method | Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller |
| Withdrawal fee | $0 |
| Time to open account | 1-3 days |
| Inactivity fee | Yes |
| Read review | For a detailed analysis of Oanda services, check out our review for 2024 |
Recommended for forex traders looking for easy account opening, funding and withdrawal
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73% of retail CFD accounts lose money
| FXCM snapshot | |
|---|---|
| Fees class | Low |
| Minimum deposit | $50 |
| Deposit method | Bank transfer, Credit/debit cards, Neteller, Skrill |
| Withdrawal method | Bank transfer, Credit/debit cards, Neteller, Skrill |
| Withdrawal fee | $0 |
| Time to open account | 1-3 days |
| Inactivity fee | Yes |
| Read review | For a detailed analysis of FXCM services, check out our review for 2024 |
Recommended for forex traders familiar with the MetaTrader 4 platform
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76.3% of retail CFD accounts lose money
| Axi snapshot | |
|---|---|
| Fees class | Low |
| Minimum deposit | $0 |
| Deposit method | Bank transfer, Credit/debit cards, Neteller, Skrill, Sofort, GiroPay, iDeal, Polish Internet Banking, Global Collect, China Union Pay |
| Withdrawal method | Bank transfer, Credit/debit cards, Neteller, Skrill, Sofort, GiroPay, iDeal, Polish Internet Banking, Global Collect, China Union Pay |
| Withdrawal fee | $0 |
| Time to open account | 1-3 days |
| Inactivity fee | Yes |
| Read review | For a detailed analysis of Axi services, check out our review for 2024 |
Recommended for forex and CFD traders looking for an option to use MetaTrader platforms
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63% of retail CFD accounts lose money
| AvaTrade snapshot | |
|---|---|
| Fees class | Low |
| Minimum deposit | $100 |
| Deposit method | Bank transfer, Credit/debit cards, PayPal, Neteller, Skrill, Klarna, Webmoney, POLi, Boleto, Perfect Money |
| Withdrawal method | Bank transfer, Credit/debit cards, PayPal, Neteller, Skrill, Klarna, Webmoney, POLi, Boleto, Perfect Money |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | Yes |
| Read review | For a detailed analysis of AvaTrade services, check out our review for 2024 |
Recommended for forex traders who prefer the MetaTrader platform
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74-89% of retail CFD accounts lose money
| FXTRADING.com snapshot | |
|---|---|
| Fees class | Low |
| Minimum deposit | $50 |
| Deposit method | Bank transfer, Credit/debit cards, PayPal, Neteller, UnionPay, USDT |
| Withdrawal method | Bank transfer, PayPal, Neteller, UnionPay, USDT |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | No |
| Read review | For a detailed analysis of FXTRADING.com services, check out our review for 2024 |
Recommended for forex and CFD traders familiar with the MetaTrader trading platform
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74-89% of retail CFD accounts lose money
| MultiBank snapshot | |
|---|---|
| Fees class | Average |
| Minimum deposit | $50 |
| Deposit method | Bank transfer, Credit/debit cards, Neteller, Skrill, Sepa, Swift, pagsmile, my Fatoorah, Plus wallets, Thai QR payment, PayTrust, Pay Retailers, korapay, PaymentAsia, Boletol, pix, SPE, Praxis, GCash, dragonpay, Gobe pay |
| Withdrawal method | Bank transfer, Credit/debit cards, Neteller, Skrill, Sepa, Swift, pagsmile, my Fatoorah, Plus wallets, Thai QR payment, PayTrust, Pay Retailers, korapay, PaymentAsia, Boletol, pix, SPE, Praxis, GCash, dragonpay, Gobe pay |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | Yes |
| Read review | For a detailed analysis of MultiBank services, check out our review for 2024 |
Recommended for investors and CFD traders familiar with the MetaTrader trading platforms
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72.12% of retail CFD accounts lose money
| FBS snapshot | |
|---|---|
| Fees class | Low |
| Minimum deposit | $1.08 |
| Deposit method | Bank transfer, Credit/debit cards, Skrill, Neteller, Rapid |
| Withdrawal method | Bank transfer, Credit/debit cards, Skrill, Neteller, Rapid |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | No |
| Read review | For a detailed analysis of FBS services, check out our review for 2024 |
Recommended for forex traders who prefer the MetaTrader platform
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80.26% of retail CFD accounts lose money
| TMGM snapshot | |
|---|---|
| Fees class | Low |
| Minimum deposit | $100 |
| Deposit method | Bank transfer, Credit/debit cards, Paytrust, Neteller, Sticpay, Skrill, Fasapay, UnionPay, RMB Instantm Broker to Broker |
| Withdrawal method | Bank transfer, Credit/debit cards, Paytrust, Neteller, Sticpay, Skrill, Fasapay, UnionPay, RMB Instantm Broker to Broker |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | Yes |
| Read review | For a detailed analysis of TMGM services, check out our review for 2024 |
Recommended for forex traders familiar with the MetaTrader platform
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88.66% of retail CFD accounts lose money
| FXTM snapshot | |
|---|---|
| Fees class | Low |
| Minimum deposit | $200 |
| Deposit method | Bank transfer, Credit/debit cards, Upi, Equity, Ghanian Local Transfer, Africa Local Solutions, M-Pesa, fasapay, TC Pay, GooglePay, GlobePay, Skrill, PayRedeem, PerfectMoney, Neteller |
| Withdrawal method | Bank transfer, Credit/debit cards, Upi, Equity, Ghanian Local Transfer, Africa Local Solutions, M-Pesa, fasapay, TC Pay, GooglePay, GlobePay, Skrill, PayRedeem, PerfectMoney, Neteller |
| Withdrawal fee | $3 |
| Time to open account | 1 day |
| Inactivity fee | Yes |
| Read review | For a detailed analysis of FXTM services, check out our review for 2024 |
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How did we select the best international online brokers in Myanmar (Burma) in 2024?
- We checked whether the broker is regulated by a trusted regulator,
- Compared fees (including spreads, withdrawal fees, commissions),
- We checked and compared every aspect of their services,
- Opened an account and tested the platform (charting, features, usability) with real money.
Our expert team has done all the work for you, and reviewed brokers based on BrokerChooser's unique methodology.
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.
