Brokers by Country · BE
Brokers in Belgium, 2026
Tracked byIndependent review teamUpdated
Belgium's retail trading environment is shaped by ESMA rules, FSMA enforcement and a near-complete domestic ban on binary options. EU-passported brokers (CySEC, MFSA, BaFin) dominate, with SEPA and Bancontact as the standard funding rails.
6 / 9 brokers accept Belgium
mixedEditorial top pick
01Editorial top pick
01FxPro
Local licenseFCACySECSCBFSCAOpen account at FxPro →- Avg spread
- 0.30pip
- Cost / lot
- $10.00
- Min deposit
- $100
- Max leverage
- 1:500
midpoint of broker rangeincl. $7 commissionEU/UK retail: 1:30 · SCB (Bahamas) entity: 1:500Four diversified regulators (FCA, CySEC, FSCA, SCB) with 18+ years operating history · MT4/MT5 Standard accounts are spread-only at ~1.2 typical pips — only use cTrader or Raw if you want commission-based pricing
Fits ifYou are EU or UK retail and want double tier-1 cover (FCA + CySEC) at one brokerPlatformsMetaTrader 4, MetaTrader 5, cTrader, FxPro EdgeFounded in 2006 · Verified Jun 1, 2026
- 02
02Tickmill
Local licenseFCACySECFSAFSCAOpen account at Tickmill →- Avg spread
- 0.20pip
- Cost / lot
- $8.00
- Min deposit
- $100
- Max leverage
- 1:1000
editorial estimateincl. $6 commissionEU/UK retail: 1:30 · Seychelles entity: 1:1000Raw account: 0.0 from-spread + $6 round-turn — ECN-style pricing in a commission-based tier · Broker publishes "from" spreads only — realised typical is not disclosed on the accounts page
Fits ifYou are EU or UK retail and want FCA + CySEC double cover with ECN-style commission pricingPlatformsMetaTrader 4, MetaTrader 5Founded in 2014 · Verified Jun 1, 2026
- 03
03Deriv
Local licenseBVIMFSAOpen account at Deriv →- Avg spread
- 0.70pip
- Cost / lot
- $7.00
- Min deposit
- $5
- Max leverage
- 1:1000
editorial estimateno commissionEU retail (MFSA Malta): 1:30 · Labuan / Vanuatu / BVI entities: up to 1:1000$5 minimum + 25 years of operating history (since 1999 as Binary.com, rebranded Deriv in 2020) · Forex is secondary to synthetic indices (their proprietary product) — CFD instrument breadth is narrower than ECN-focused brokers like Tickmill
Fits ifYou trade synthetic indices (Volatility, Crash, Boom) — Deriv invented this product categoryPlatformsMetaTrader 5, Deriv XFounded in 1999 · Verified Jun 1, 2026
- 04
04XM Group
Local licenseASICCySECIFSCOpen account at XM Group →- Avg spread
- 1.30pip
- Cost / lot
- $13.00
- Min deposit
- $5
- Max leverage
- 1:1000
midpoint of broker rangeno commissionEU/AU retail: 1:30 · XM Global (offshore entity): up to 1:1000$5 minimum makes starting cheap · Standard account EUR/USD spread 1.0–1.6 pip (broker-published range) + $0 commission ≈ $13/lot — one of the highest costs in our list
Fits ifYou want the lowest-friction entry in our list — $5 minimum depositPlatformsMetaTrader 4, MetaTrader 5, Web TraderFounded in 2009 · Verified Jun 1, 2026
- 05
05Bybit
VARA1 actionOpen account at Bybit →- Avg spread
- 0.10pip
- Cost / lot
- $4.00
- Min deposit
- None
- Max leverage
- 1:500
broker-published typicalincl. $3 commissionUp to 1:500 on FX/CFD via MT5 · 1:100+ on crypto perpetuals · no ESMA cap (offshore crypto-CFD exchange)MT5 CFD offering with ~0.1 typical spread + ≈$3 RT equivalent — cost-competitive with ECN tiers despite crypto-first business · FX CFDs are secondary product — Bybit core business is crypto derivatives, FX depth and liquidity differ from dedicated forex brokers
Fits ifYou already trade crypto at Bybit and want FX CFDs in the same unified-margin accountPlatformsMetaTrader 5, BybitFounded in 2018 · Verified Jun 1, 2026
- 06
06RoboForex
IFSCOpen account at RoboForex →- Avg spread
- 0.20pip
- Cost / lot
- $6.00
- Min deposit
- $10
- Max leverage
- 1:500
broker-published typicalincl. $4 commissionIFSC Belize offshore only — ECN tier; separate Pro account reaches 1:2000ECN account: 0.2 typical + $4 round-turn ≈ $6/lot — among cheapest commission tiers in our list · IFSC Belize only — no tier-1 regulator, no FSCS-equivalent protection
Fits ifYou're in a non-restricted, non-EU-focused jurisdiction and want ECN-style $6/lot pricing at a $10 entry minimumPlatformsMetaTrader 4, MetaTrader 5, R Stocks TraderFounded in 2009 · Verified Jun 1, 2026
Country context
- Regulator
- FSMA · Financial Services and Markets Authority — maintains a public warnings list of unauthorised brokers
- Currency
- EUR
- Payment methods
- SEPABancontactKBC / CBCING
Belgium has no general capital gains tax for private investors on listed securities held as part of normal wealth management. Trading classified as "speculative" by the FPS Finance is taxed at a flat 33%. A stock-exchange tax (TOB) applies to most transactions; CFD/forex profits typically fall into the speculative bucket and should be self-declared.
Binary options are prohibited for retail clients under the 2016 Royal Decree. CFDs and rolling-spot forex are restricted (ESMA — 1:30 leverage on majors, negative balance protection mandatory). FSMA's warnings list flags unlicensed brokers, but listing alone does not block account opening.
Frequently asked
Which brokers accept residents of Belgium?+
6 of 9 brokers in our ranking accept Belgium: FxPro, Tickmill, Deriv, XM Group, Bybit.
Who regulates brokers for Belgium?+
Primary regulator: FSMA — Financial Services and Markets Authority — maintains a public warnings list of unauthorised brokers.
What payment methods are available?+
Common methods: SEPA, Bancontact, KBC / CBC, ING.
What are the tax rules for trading in Belgium?+
Belgium has no general capital gains tax for private investors on listed securities held as part of normal wealth management. Trading classified as "speculative" by the FPS Finance is taxed at a flat 33%. A stock-exchange tax (TOB) applies to most transactions; CFD/forex profits typically fall into the speculative bucket and should be self-declared.
Scope of coverage
- Brokers tracked
- 14
- Regulators indexed
- 55
- Regulator actions logged
- 2
- Latest pricing verification
- Jun 1, 2026
Pricing and licensing status refresh weekly; the ranking is reviewed quarterly.