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VenezuelaMT4BRENT

Lowest BRENT Spread Brokers in Venezuela (2026)

Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📊
Data verified
July 2026
4.4/5
Highest rated
0.03 pips
Lowest spread
10
Brokers compared
$0
Min deposit
Quick Verdict
🏆 Top Pick OverallPepperstone — 4.4/5 score, regulated by FCA, ASIC
💰 Lowest Min DepositPepperstone — $0 to get started
🛡️ Strongest RegulationPepperstone — FCA,ASIC,BaFin,CySEC,DFSA,SCB
☪️ Best Islamic AccountPepperstone — swap-free account available
🏆Top Pick: Pepperstone(4.4/5)
Open Account →

BRENT Broker Comparison - Venezuela

BrokerScoreDepositSpreadPlatformsIslamicReg
4.3$1000.04MT5 MT4 cTYesCBIOpen
4.2$1000.03MT5 MT4YesFCAOpen
4.3$50.04MT5 MT4YesCySECOpen
4.4$00.03TV MT5 MT4 cTYesFCAOpen
4.2$00.03MT5 MT4YesFCAOpen
4.1$1000.03TV MT5 MT4 cTYesASICOpen
4.2$0MT5 MT4NoFCAOpen
4.1$50MT5 MT4YesBaFinOpen
4.1$10TV MT5 MT4 cTYesFCAOpen
4.1$0MT5 MT4YesCySECOpen

As a Venezuela-based trader in 2026, you already know the unique challenges of trading from a country where the local currency is USD and every pip of cost matters. Your timezone (UTC-4) gives you a strategic edge: the London session opens at 04:00 local time, and the high-liquidity NY-London overlap runs from 09:00 to 12:30 local — perfect for active trading without disrupting your sleep. With a maximum leverage of 1:500 available through CNV Venezuela-regulated brokers, you can control larger positions with modest capital. Your most popular deposit methods — USDT TRC20 and Zelle — offer fast, low-cost funding, which is critical when every dollar saved on spreads adds to your bottom line. Whether you’re trading from Caracas or Maracaibo, choosing the right broker is the difference between profit and loss. On this page, our top pick AvaTrade scores 4.3/5 for its all-in competitive BRENT spreads, strong regulation, and Venezuela-friendly account options. We’ve analyzed every broker on this list specifically for Venezuela traders like you.

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MT4 - Key Features for Venezuela Traders

+ Expert Advisors (EAs)
+ Custom indicators
+ Strategy backtesting
+ VPS compatible
+ One-click trading
+ Mobile app available

Top 10 MT4 brokers for BRENT in Venezuela

AvaTrade
#1 AvaTrade
CBI,ASIC,JFSA,FSRA,FSA,ADGM
4.3
/5
BRENT spread
0.04 pips
Commission
$0/lot
All-in cost
0.04 pips
Min deposit
$100
MT5MT4cTraderIslamic accountTop-tier regulated
Pros for Venezuela
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($100)
+ MetaTrader 5
+ MetaTrader 4
Cons for Venezuela
- No major drawbacks found
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASIC
T
Trustpilot 12,700 reviewsVerified
View reviews
Withdrawals
credit/debit cards, bank wire transfers, and e-wallets like Skrill and Neteller
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
Exness
#2 Exness
FCA,CySEC,ASIC,FSA,FSCA,CBCS
4.2
/5
BRENT spread
0.03 pips
Commission
$0/lot
All-in cost
0.03 pips
Min deposit
$100
MT5MT4Islamic accountTop-tier regulated
Pros for Venezuela
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($100)
+ MetaTrader 5
+ MetaTrader 4
Cons for Venezuela
- No major drawbacks found
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 28,910 reviewsVerified
View reviews
Withdrawals
electronic wallets, bank cards, and cryptocurrencies
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
XM Group
#3 XM Group
CySEC,ASIC,IFSC,DFSA,FSC
4.3
/5
BRENT spread
0.04 pips
Commission
$0/lot
All-in cost
0.04 pips
Min deposit
$5
MT5MT4Islamic accountTop-tier regulated
Pros for Venezuela
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($5)
+ MetaTrader 5
+ MetaTrader 4
Cons for Venezuela
- No major drawbacks found
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASIC
T
Trustpilot 2,978 reviews
View reviews
Withdrawals
Bank Wire, Visa/Mastercard, Skrill
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
Pepperstone
#4 Pepperstone
FCA,ASIC,BaFin,CySEC,DFSA,SCB
4.4
/5
BRENT spread
0.03 pips
Commission
$0/lot
All-in cost
0.03 pips
Min deposit
$0
TradingViewMT5MT4cTraderIslamic accountTop-tier regulated
Pros for Venezuela
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($0)
+ TradingView integration
+ MetaTrader 5
Cons for Venezuela
- No major drawbacks found
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 3,532 reviewsVerified
View reviews
Withdrawals
bank wire transfer, credit/debit cards, and e-wallets like PayPal
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
Axi
#5 Axi
FCA,ASIC,DFSA,FSC
4.2
/5
BRENT spread
0.03 pips
Commission
$0/lot
All-in cost
0.03 pips
Min deposit
$0
MT5MT4Islamic accountTop-tier regulated
Pros for Venezuela
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
Cons for Venezuela
- No major drawbacks found
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 6,900 reviewsVerified
View reviews
Withdrawals
International Bank Transfers (Global Money Transfer), Credit/Debit Cards, and E-wallets like Skrill
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
Eightcap
#6 Eightcap
ASIC,FCA,SCB,VFSC
4.1
/5
BRENT spread
0.03 pips
Commission
$0/lot
All-in cost
0.03 pips
Min deposit
$100
TradingViewMT5MT4cTraderIslamic accountTop-tier regulated
Pros for Venezuela
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($100)
+ TradingView integration
+ MetaTrader 5
Cons for Venezuela
- No major drawbacks found
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 3,730 reviewsVerified
View reviews
Withdrawals
bank wire transfers, credit/debit cards, and e-wallets like Skrill and Neteller
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
CMC Markets
#7 CMC Markets
FCA,ASIC,MAS,BaFin,FMA
4.2
/5
BRENT spread
Commission
All-in cost
Min deposit
$0
MT5MT4Top-tier regulated
Pros for Venezuela
+ Top-tier regulation (FCA/ASIC)
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Venezuela
Cons for Venezuela
- No Islamic account
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 3,200 reviewsVerified
View reviews
Withdrawals
bank wires, credit/debit cards (Visa and Mastercard), and PayPal
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
MG
#8 MultiBank Group
BaFin,ASIC,FSC,CySEC,SCA,CIMA
4.1
/5
BRENT spread
Commission
All-in cost
Min deposit
$50
MT5MT4Islamic accountTop-tier regulated
Pros for Venezuela
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($50)
+ MetaTrader 5
+ MetaTrader 4
Cons for Venezuela
- No major drawbacks found
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASIC
T
Trustpilot 1,780 reviewsVerified
View reviews
Withdrawals
bank wires, credit/debit cards, and cryptocurrencies
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
ThinkMarkets
#9 ThinkMarkets
FCA,ASIC,JFSC,FSA
4.1
/5
BRENT spread
Commission
All-in cost
Min deposit
$10
TradingViewMT5MT4cTraderIslamic accountTop-tier regulated
Pros for Venezuela
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($10)
+ TradingView integration
+ MetaTrader 5
Cons for Venezuela
- No major drawbacks found
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 620 reviewsVerified
View reviews
Withdrawals
bank wire, crypto USDT (via TRC20 and ERC20), Skrill
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
Equiti
#10 Equiti
CySEC,FCA,JSC,SCB
4.1
/5
BRENT spread
Commission
All-in cost
Min deposit
$0
MT5MT4Islamic accountTop-tier regulated
Pros for Venezuela
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
Cons for Venezuela
- No major drawbacks found
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 290 reviewsVerified
View reviews
Withdrawals
Bank Transfers, Credit/Debit Cards, and E-Wallets
Open Account →
Trading involves risk of loss. CFDs are complex instruments.

What is BRENT on MT4?

BRENT spread is the difference between the bid and ask price of Brent crude oil, expressed in pips. For Venezuela traders, this cost is paid in USD. On a standard 0.10 lot (10 barrels), a 1-pip spread equals $1.00. So if you trade with a broker offering 0.09 pips (like AvaTrade) versus one at 0.70 pips, you save $0.61 per 0.10 lot per trade. Over 100 trades a month, that’s $61 saved — real money that stays in your account. Spread matters more for Venezuela traders because local trading volume can be lower, meaning wider spreads from less liquid brokers. Additionally, USD conversion costs are eliminated since you trade directly in USD, but every pip saved directly improves your profitability. ECN spreads (like AvaTrade’s) are far better for Venezuela traders using 1:500 leverage because they offer raw interbank pricing with a small commission, avoiding the hidden markups of fixed spreads. For example, a Venezuela trader with a $500 account making 100 trades/month on BRENT at 0.70 pips pays $70. The same trader at 0.09 pips pays just $9 — a $61 monthly saving. CNV Venezuela does not mandate specific spread disclosures, but all regulated brokers on this list are required to provide transparent pricing. Venezuela traders must choose ECN accounts for tight, true-market spreads.

Best trading times - BRENT from Venezuela

For Venezuela traders on UTC-4, the London session opens at 04:00 local time — perfect for early risers who want to catch the first moves before the workday begins. The NY-London overlap runs from 09:00 to 12:30 local, offering the tightest BRENT spreads (as low as 0.09 pips) because both major markets are active simultaneously. Venezuela traders can plan their day around this window: check charts at 04:00, place trades during the overlap at 09:00-12:30, and close positions before the NY afternoon lull. Avoid the Asian session (20:00-03:00 local) when liquidity drops and BRENT spreads can widen by 30-50%. Venezuela’s public holidays (e.g., Carnival, Independence Day on July 5) do not affect global oil markets, but Sunday evening openings may see thinner liquidity. Always trade during the overlap for the best execution in Venezuela.

Economic calendar - BRENT

BRENT economic calendar
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Execution & slippage - Venezuela

For Venezuela traders, internet infrastructure can vary significantly between cities like Caracas (fiber optic) and rural areas (3G/4G). This latency directly affects slippage — the difference between your expected and actual execution price. Venezuela traders should connect to broker servers located in New York (closest) for the lowest ping (approx 60-80ms from Caracas). London servers add 120-150ms, which can cause 0.5-1 pip slippage on fast-moving BRENT during news events. Scalping in Venezuela requires a VPS (Virtual Private Server) hosted near the broker’s NY server to cut latency to under 5ms. Without a VPS, Venezuela traders may experience 2-3 pips slippage on volatile days. AvaTrade offers the best execution for Venezuela traders, with dedicated NY servers and low-latency routing. Always test with a demo account first to measure your actual ping from your Venezuela location.

Islamic accounts & swap fees - Venezuela

Venezuela is not a Muslim-majority country (approx 0.3% Muslim), so Islamic accounts are less commonly requested but still available. For Venezuela traders holding BRENT positions overnight on a standard account, swap fees are charged in USD. With a $1,000 account at 1:100 leverage, a 0.10 lot BRENT long position costs approximately -$0.50 per night (depending on broker). For non-Muslim Venezuela traders, the easiest way to avoid swap is to close all positions before 17:00 New York time (21:00 UTC) when rollover occurs. Islamic accounts (swap-free) are available from Exness and XM Group with no hidden admin fees — ideal for Muslim traders in Venezuela or anyone who wants to hold positions long-term. CNV Venezuela does not regulate Islamic finance specifically, but internationally regulated brokers offer it globally.

FAQ - Lowest Brent Oil Spread Brokers in Venezuela

Which broker has the lowest BRENT spread in Venezuela in 2026?+
Is BRENT trading legal in Venezuela?+
What is the best time to trade BRENT from Venezuela?+
Do forex brokers offer Islamic accounts for BRENT trading in Venezuela?+
How do I deposit money to a forex broker from Venezuela?+
What is the maximum leverage for BRENT trading in Venezuela?+
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. comparebroker.io may receive compensation from brokers listed on this page.
Quick facts - Venezuela
PlatformMT4
InstrumentBRENT
Brokers compared10
Islamic accounts9 available
Lowest spread0.03 pips
Min deposit$0
Risk warning: Trading CFDs involves significant risk of loss. Most retail investors lose money.
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