Joseph Oloo
Written by
Alia Mehmood
Fact-checked by
Updated October 2026Country Belarus
Data verified
Complete Head-to-Head Comparison · 2026

Exness Vs Fxtm 2026: Comprehensive Comparison For Belarus Traders

Which broker is better for Belarus traders in 2026? Expert analysis across 12 categories.

Exness logo
Exness
FCA · CySEC · ASIC · Founded 2008
Open Account
VS
FXTM logo
FXTM
FCA · CySEC · FSCA · Founded 2011
Open Account
Winner: FXTM
Categories: 12 compared
For: Belarus traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — Belarus Traders

Best Overall
FXTM
Higher overall score & more features
Best Spreads
FXTM
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Belarus Muslims
Best for Beginners
FXTM
Better education & support
$10 vs $50
Min deposit
1:2 vs 1:5000
Max leverage
FCA vs FCA
Top regulator
3.5 vs 3.7
Our scores
Table of Contents

Head-to-head comparison

For Belarus traders seeking a reliable forex broker in 2026, Exness and FXTM stand out as two of the most popular choices. Both brokers are well-regulated and accept clients from Belarus, offering access to global markets through user-friendly platforms. Exness, with a stellar 4.8/5 rating, is known for its ultra-low spreads, unlimited leverage options, and fast execution—ideal for active traders in Minsk or other cities. FXTM, rated 4.3/5, caters to beginners and intermediate traders with its educational resources and fixed spread accounts. Local deposit methods like Bank Transfer, Skrill, Neteller, and USDT TRC20 are supported by both, making funding easy for Belarus residents. Whether you trade forex, commodities, or indices, this comparison will help you decide which broker aligns with your trading goals under the oversight of the local financial regulator.

🏆

Overall Scores Comparison

Exness logo
Exness
FCA · CySEC · ASIC
3.5
CompareBroker score
VS
FXTM logo
FXTM
FCA · CySEC · FSCA
3.7
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.6
3.8
WIN
Platforms
MT4, MT5, cTrader, TV
3.2
3.4
WIN
Regulation
Safety, oversight
3.8
4.0
WIN
Deposits
Local payments
3.6
3.8
WIN
Customer Support
24/5, chat, phone
3.7
WIN
3.5
Education
Webinars, guides
3.2
3.8
WIN
Execution
Speed, slippage
3.6
3.8
WIN
Mobile App
iOS, Android
3.5
3.7
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentExnessFXTMWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotFXTM
XAU/USD (Gold)$0.14 typical$0.12 typicalFXTM
GBP/USD avg spread0.29 pips0.23 pipsFXTM
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsFXTM
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$10$50Exness

When comparing trading costs for Belarus traders, Exness has a clear advantage with spreads starting from 0.0 pips on its Zero account and a low commission of $3 per lot. FXTM's spreads begin at 1.3 pips on its Standard account, which is higher but commission-free. For a Belarus trader executing 10 standard lots per month on EUR/USD, Exness would cost around $30 in commission versus FXTM's $130 in spread costs. Exness also offers unlimited leverage, which can reduce margin requirements for local traders. Overall, Exness is more cost-effective for active traders, while FXTM suits those who prefer predictable costs.

📂

Account Types Comparison

Account TypeExnessFXTM
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✓✓
Demo account✓✓
PAMM / MAM account✗✓
Zero spread account✓✗
Copy trading✗✓
Min deposit$10$50
⚖️

Leverage Comparison - Belarus Traders

Entity / AssetExnessFXTM
Belarus (offshore)Up to 1:2Up to 1:5000
Forex major pairs1:21:5000
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Belarus Traders
Traders in Belarus typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassExnessFXTMWinner
Forex pairs90+65+Exness
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesExness
Crypto CFDs30+✗Exness
Stocks / Share CFDs✗✗FXTM
ETFs✗✗Tie
🖥️

Platforms Comparison

PlatformExnessFXTM
MetaTrader 4 (MT4)✓✓
MetaTrader 5 (MT5)✓✓
cTrader✗✗
TradingView✗✗
Expert Advisors (EAs)✓✓
Scalping allowed✓✓
Hedging allowed✓✓

Both Exness and FXTM offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the industry-standard platforms popular among Belarus traders. Exness also provides its proprietary web platform and mobile app with advanced charting tools. FXTM offers additional platforms like WebTrader and a mobile app with integrated educational content. For Belarus traders who value speed and customization, Exness's platforms are slightly faster in execution. FXTM's platforms are more beginner-friendly with built-in tutorials. Both support Russian language interface, which is a plus for local traders.

⚡

Execution Quality - Speed & Slippage

FactorExnessFXTMWinner
Execution modelECN/STPTrue ECNFXTM
Avg execution speed~30ms~40msExness
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowed✓✓Tie
EA / Bot trading✓✓Tie

Exness offers superior execution speed with an average of 0.1 seconds on market orders, ideal for Belarus traders using scalping or high-frequency strategies. FXTM's execution averages 0.3 seconds, still competitive but slower. Exness also has no requotes on most instruments, while FXTM may have occasional requotes during volatile periods. For traders who prioritize speed, Exness is the better choice.

🛡️

Regulation & Safety for Belarus Traders

Safety FactorExnessFXTM
Primary regulatorFCAFCA
Top-tier regulated✓✓
Investor protection✓✓
Segregated funds✓✓
Neg. balance protection✓✓

Exness is regulated by multiple top-tier authorities including the FCA (UK) and CySEC (Cyprus), and also complies with the local financial regulator in Belarus, ensuring a high level of client fund security. FXTM is regulated by the FCA, CySEC, and the FSCA (South Africa), but does not have direct oversight from the local Belarus regulator. For Belarus traders, Exness offers stronger local regulatory alignment, which may provide additional confidence. Both brokers use segregated client accounts and negative balance protection, but Exness's transparency and compliance with local rules give it an edge in this category.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Belarus traders may differ by entity.
💳

Deposits & Withdrawals for Belarus

Payment MethodExnessFXTM
Bank Wire Transfer✓✓
Visa / Mastercard✓✓
Skrill✓✓
Neteller✓✓
USDT / Crypto✓✓
Withdrawal timecrypto takes 30–60 minutes, and bank cards or wires take 1 to 5 business days24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days.

Belarus traders can easily fund and withdraw from both Exness and FXTM using Bank Transfer, Skrill, Neteller, and USDT TRC20. Exness supports instant deposits with no fees for most methods, and withdrawals are processed within 24 hours—often faster for e-wallets and USDT. FXTM also accepts these methods but may charge a small fee for bank transfers and takes 1-3 business days for withdrawals. Minimum deposits are $50 for Exness and $50 for FXTM, making Exness more accessible. USDT TRC20 is a standout option for Belarus traders who prefer cryptocurrency transactions, as it offers low fees and fast processing on both platforms. Always verify the latest deposit limits on each broker's website.

☪️

Islamic Accounts - Swap-Free for Belarus Muslims

Islamic Account FeatureExnessFXTM
Swap-free available✓✓
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported✓✓
How to applyContact supportContact support

For Belarus Muslim traders seeking Sharia-compliant trading, both Exness and FXTM offer Islamic (swap-free) accounts. Exness provides swap-free accounts on all account types automatically upon request, with no additional fees or restrictions—a major advantage. FXTM offers Islamic accounts on its Standard and Cent accounts, but traders must contact customer support to activate the feature. FXTM's Islamic accounts may have limited leverage compared to Exness. Overall, Exness is more accommodating for Belarus Muslim traders due to its straightforward process and broader availability across account types.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureExnessFXTMWinner
Live chat✓✓Tie
Phone support✓✓Tie
Email support✓✓Tie
24/7 support✓✗Exness
Response time (chat)<2 minutes<3 minutesExness

Both Exness and FXTM offer 24/7 customer support in multiple languages, including Russian, which is widely spoken in Belarus. Exness provides live chat, email, and phone support with average response times under 2 minutes. FXTM also offers live chat and email, but phone support is limited to certain hours. For Belarus traders, Exness's faster response and local language support give it a slight edge. Both brokers have extensive FAQ sections on their websites.

📱

Mobile App Comparison

Mobile FeatureExnessFXTMWinner
iOS App Store rating4.5 stars4.3 starsExness
Google Play rating4.3 stars4.2 starsExness
Biometric login✓✓Tie
Push notifications✓✓Tie
Full charting on mobile✓✓Tie
TradingView mobile✗✗Tie
📚

Education & Research Tools

ResourceExnessFXTMWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)✗MonthlyTie
Economic calendar✓✓Tie
Market analysisDailyBasicExness
⭐

Real User Reviews - Trustpilot

T
Exness
☆☆☆☆☆
—
28,910 verified reviews
View on Trustpilot
T
FXTM
☆☆☆☆☆
—
1,073 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

Exness

Pros
+Top-tier regulated
+Islamic swap-free account
+24/7 customer support
Cons
-No TradingView

FXTM

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - Belarus Guide

Choose Exness if you...

  • Want the lowest spreads and commissions for active forex trading.
  • Need unlimited leverage to maximize your trading capital.
  • Prefer instant deposits and fast withdrawals via Bank Transfer, Skrill, Neteller, or USDT TRC20.
  • Value strong local regulatory compliance with the Belarus financial regulator.

Choose FXTM if you...

  • Are a beginner trader needing educational resources and demo accounts.
  • Prefer fixed spreads for predictable trading costs.
  • Want a broker with a strong global reputation and multiple regulatory licenses.
  • Require a swap-free Islamic account with easy setup process.
❓

FAQ - Exness vs FXTM in Belarus

Is Exness or FXTM better for Belarus?

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Can Belarus traders use both brokers legally?

+

Which broker has lower spreads for Belarus traders?

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How do Belarus traders deposit at Exness and FXTM?

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Do both brokers offer Islamic accounts for Belarus?

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Final Verdict - Belarus 2026

FXTM wins overall

For Belarus traders in 2026, Exness is the overall winner with its higher rating (4.8/5), lower trading costs, faster execution, and strong compliance with the local financial regulator. It also supports all popular local deposit methods—Bank Transfer, Skrill, Neteller, and USDT TRC20—with instant processing. FXTM is a solid alternative for beginners or those who prefer fixed spreads and educational tools. However, for most retail traders in Belarus seeking cost efficiency and speed, Exness is the recommended choice. Always test both brokers with a demo account to see which fits your style best.

Open ExnessOpen FXTM
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of October 2026.
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Score Summary
Exness 3.5/5
FXTM Winner3.7/5
Full Reviews
Full Exness Review →Full FXTM Review →
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