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Euro Brokers2026

Brokers by Country · BE

European Brokers in Belgium, 2026

Tracked byUpdated

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.

5 / 6 brokers accept Belgium

European

  1. Editorial top pick

    01Libertex

    Local licenseCySEC
    Open account at Libertex →

    83% of retail investor accounts lose money

    Cost / lot
    Floating
    Min deposit
    €100
    Max leverage
    1:30
    For retail clients

    CySEC-regulated (Indication Investments Ltd, licence 164/12) with ICF investor compensation and negative balance protection · Single-jurisdiction CySEC coverage — no FCA or ASIC fallback

    Fits ifYou are an EEA or Switzerland resident who wants a CySEC-regulated broker with ICF compensation and negative balance protection
    PlatformsMetaTrader 4, MetaTrader 5, Libertex Platform, Mobile app

    Founded in 2012

    Full Libertex details →

  2. 02FxPro

    Local licenseFCACySECSCBFSCA
    Open account at FxPro →
    Avg spread
    0.30pip
    midpoint of broker range
    Cost / lot
    $10.00
    incl. $7 commission
    Min deposit
    $100
    Max leverage
    1:500
    EU/UK retail: 1:30 · SCB (Bahamas) entity: 1:500

    Four 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 broker
    PlatformsMetaTrader 4, MetaTrader 5, cTrader, FxPro Edge

    Founded in 2006

    Full FxPro details →

  3. 03Tickmill

    Local licenseFCACySECFSAFSCA
    Open account at Tickmill →
    Avg spread
    0.20pip
    editorial estimate
    Cost / lot
    $8.00
    incl. $6 commission
    Min deposit
    $100
    Max leverage
    1:1000
    EU/UK retail: 1:30 · Seychelles entity: 1:1000

    Raw 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 pricing
    PlatformsMetaTrader 4, MetaTrader 5

    Founded in 2014

    Full Tickmill details →

  4. 04Deriv

    Local licenseBVIMFSA
    Open account at Deriv →
    Avg spread
    0.70pip
    editorial estimate
    Cost / lot
    $7.00
    no commission
    Min deposit
    $5
    Max leverage
    1:1000
    EU 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 category
    PlatformsMetaTrader 5, Deriv X

    Founded in 1999

    Full Deriv details →

  5. 05XM Group

    Local licenseASICCySECIFSC
    Open account at XM Group →
    Avg spread
    1.30pip
    midpoint of broker range
    Cost / lot
    $13.00
    no commission
    Min deposit
    $5
    Max leverage
    1:1000
    EU/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 deposit
    PlatformsMetaTrader 4, MetaTrader 5, Web Trader

    Founded in 2009

    Full XM Group details →

Country context

Regulator
FSMA · Financial Services and Markets Authority — maintains a public warnings list of unauthorised brokers
Currency
EUR
Payment methods
SEPABancontactKBC / CBCING
Tax

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.

Retail trading rules

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?+

5 of 6 brokers in our ranking accept Belgium: Libertex, FxPro, Tickmill, Deriv, XM Group.

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
Jul 14, 2026

Pricing and licensing status refresh weekly; the ranking is reviewed quarterly.