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Pros

Established financial institution with a long history since 1992.
Offers a variety of financial instruments, including forex, CFDs, commodities, and indices.
Good customer support and execution speed, providing a positive trading experience.

Cons

Not properly regulated, which raises concerns about the safety of client funds.
Does not support popular trading platforms like MetaTrader 4 or 5.
Lacks insurance for clients, increasing the risk associated with trading.

Belarusbank broker Accounts

Belarusbank Account Types

Belarusbank offers various types of brokerage accounts tailored to meet the needs of individual traders. The primary account types include:

  • Standard Account:
    • Minimum Deposit: $200
    • Maximum Leverage: 1:200
    • Trading Instruments: Foreign currencies, precious metals, oil, stock indices, and securities.
    • Spread: Starting from 0.9 pips.
    • Trading Platform: MetaTrader 4 (MT4).
    • Pro Account:
      • Minimum Deposit: $1,000
      • Maximum Leverage: 1:200
      • Trading Instruments: Foreign currencies, precious metals, oil, stock indices, and securities.
      • Spread: Variable spreads.
      • Trading Platform: MetaTrader 4 (MT4).
      • Comfort Account:
        • Minimum Deposit: Not specified
        • Maximum Leverage: 1:200
        • Trading Instruments: Foreign currencies, precious metals, oil, stock indices, and securities.
        • Spread: Fixed spreads starting from 2 pips.
        • Trading Platform: MetaTrader 4 (MT4).

        Belarusbank Broker Account Opening Process

        Opening a brokerage account with Belarusbank involves a straightforward process:

        • Document Preparation:
          • Identification Document: A valid passport or ID.
          • Power of Attorney: Required if another person is acting on your behalf.
          • Visit a Brokerage Service Point:
            • Go to any brokerage service point of Belarusbank with the necessary documents.
            • Account Agreement:
              • Conclude an agreement for brokerage services by accepting the bank's public offer.
              • Account Opening:
                • A securities account will be opened for free simultaneously with the conclusion of the agreement.
                • Contact Information:
                  • For any inquiries, you can reach the call center at +375 17 218 84 31.

                  This process ensures that you can start trading efficiently while complying with the necessary regulations.

Belarusbank accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Belarusbank Account