In order to trade successfully, it is very important to choose the right broker. in Belgium, a large number of companies provide access to trading and you will have to choose the one for you among them. It is important to work only with reliable brokers providing all the required instruments for trading based on your trading strategy. TU analysts have selected the best crypto brokers for short selling in Belgium 2025. You can compare their features and trading conditions.
1
XM Group - Best for short selling in Belgium
XM Group is a globally recognized broker, operational in nearly 190 countries and serving over 15 million traders. In 2025, the company is celebrating its 15th anniversary. The broker offers over 1,400 trading instruments, including Forex pairs, stocks, commodities, cryptocurrencies, and precious metals. With licenses from regulators like FSC and CySEC, XM ensures a secure trading environment.
The company is committed to high-speed order execution without requotes, ensuring 99.35% of trades are completed nearly instantly. The broker's leverage varies by region, offering up to 1:1000 for some non-EU countries while maintaining strict compliance with European standards for others. The spreads start from 0.6 pips.
XM doesn't offer passive investment options like PAMM accounts but provides access to MQL5 copy trading and a VPS for algorithmic trading.
👍 Advantages of trading with XM Group for traders from Belgium:
•XM Broker guarantees 100% execution of orders, 99,35% of orders delivered nearly instantly. No requotes guaranteed;
•No “markup” on narrow market spreads (broker's margins over the spread);
•Over 1,000 trading instruments. Available for trading are: 57 currency pairs, including CFDs on cross rates, metals (including palladium and platinum), commodities (cocoa, cotton, grain), stocks;
•No commission for replenishment and withdrawal of money. XM Broker incurs all commission costs of payment systems;
•Around the clock support for 5 days a week in more than 30 languages.
👎 Disadvantages of XM Group for traders from Belgium:
•Expanding their limited choice of trading platforms. Despite the fact that the broker offers 16 terminals, all of them are modifications of MT4 and MT5 for desktop, browser and mobile trading.
2
TeleTrade - Best for short selling in Belgium
TeleTrade is a global broker serving clients worldwide. They offer trading on Forex, indices, stocks, metals,cryptocurrencies, and energies. While lacking PAMM accounts and certain investment options, TeleTrade boasts a robust copy trading service, a strong affiliate program, and diverse account types (ECN, NDD, crypto). With sufficient leverage (up to 1:1000) and spreads from 0 pips, the broker caters to various trading styles, including scalping, intraday trading, and medium to long-term strategies.
TeleTrade supports traders with market analytics, expert forecasts, an economic calendar, and a comprehensive education section on their website.
👍 Advantages of trading with TeleTrade for traders from Belgium:
•detailed analytical section;
•informative training section;
•Invest Start risk-free investment service;
•interest accrual on deposit;
•copytrading service;
•several affiliate programs with high payouts.
👎 Disadvantages of TeleTrade for traders from Belgium:
•no PAMM accounts or other money management options;
•few withdrawal options;
•support is available 24/5;
•withdrawals delayed;
•technical support responds slowly;
•sometimes it takes a long time to verify data.
3
OKX - Best for short selling in Belgium
OKX (aka OKEX) is an international cryptocurrency exchange that has been providing financial services since 2017. On the OKX platform, you can buy and sell cryptocurrencies and earn money by storing tokens and providing funds for margin trading. The cryptocurrency exchange offers over 100 cryptocurrencies such as BTC (₿), LTC (Ł), ETH (Ξ), XRP, etc.), several ways to make passive income, and a base with educational materials.
👍 Advantages of trading with OKX for traders from Belgium:
•The availability of various investment programs.
•Proprietary educational academy with useful materials.
•Wide range of cryptocurrencies.
•The exchange is multilingual and available in 20 languages.
•A mobile app is available.
•The exchange uses cold and hot wallets with a high-security level.
•The company offers cryptocurrency listing services.
👎 Disadvantages of OKX for traders from Belgium:
•Trading and depositing in fiat currencies are not available.
•Few ways to contact client support
•The company is unlicensed and unregulated.
4
Dukascopy - Best for short selling in Belgium
The company has been founded on 2 November 2004 in Geneva by Andre and Veronika Duka, Swiss nationals residing in Geneva who still own 99% of the company. Dukascopy Bank is regulated by the Swiss Financial Market Supervisory Authority FINMA both as a bank and a securities firm. Dukascopy Bank provides a wide range of free financial information and other attractive resources through its website, Dukascopy TV online television, Freeserv products and its active online Dukascopy community counting over 130'000 members. Deposit insurance protects the credit balances of private and corporate clients in the event of a bank or securities firm's bankruptcy. This guarantee is regulated by law. Dukascopy has an insurance fund with up to CHF 100 000 coverage per client and institution.
👍 Advantages of trading with Dukascopy for traders from Belgium:
•Attractive trading conditions;
•regulated by FINMA;
•19 years in the market;
•deposit protection up to CHF 100 000 per client;
•online account opening with video identification;
•large liquidity pool- 20+ banks;
•ECN trading technology;
•low spreads - from 0,1 pips on EUR/USD;
•instant order execution;
•wide range of free financial information and other attractive resources through its website, Dukascopy TV online television;
•wide variety of trading platforms, JForex, MT4, Forex mobile;
•manual and automated trading and trading directly form the chart;
•hedging and scalping allowed;
•sliggage control;
•swap free accounts upon request;
•250 indicators and chart studies and automated trading historical tester;
•wide range of trading orders: MIT, limit orders, eco and TP/SL orders;
•high-quality customer service- 24/7 customer support available in 12 languages;
•up to 100% deposit bonus.
👎 Disadvantages of Dukascopy for traders from Belgium:
•leverage up-to 1:200;
•higher trading commissions for Islamic account traders;
•each account is given a deposit limit based on the information provided at the account opening;
•impossible to open new positions on weekends.
5
PU Prime - Best for short selling in Belgium
PU Prime (Pacific Union) is a broker that allows trading in contracts for difference (CFDs) on hundreds of assets from the following categories: currencies, stocks, bonds, indices, commodities, metals, and exchange-traded funds (ETFs). New users receive a free demo account with a balance of 100,000 virtual dollars. Real accounts come in five types, differing in trading parameters and catering to traders of different levels. The minimum deposit is $20, and spreads are floating, starting from 0 or 1.3 pips depending on the chosen account. The maximum leverage is 1:1000. The broker's clients operate through MetaTrader 4, MetaTrader 5, and WebTrader trading platforms. The company also has a highly-rated mobile platform. In addition to active trading, traders can earn through a standard referral program and register in an integrated copy trading service. PU Prime offers attractive bonuses through five active programs. The broker provides free technical and fundamental analysis tools and news analytics. It also has an extensive educational system.
👍 Advantages of trading with PU Prime for traders from Belgium:
•The minimum deposit is lower than the market average, and a free demo account and high-quality training ensure a low entry threshold.
•Traders can work with hundreds of assets with high leverage and no trading restrictions, resulting in high-profit potential.
•Narrow spreads combined with low commissions guarantee minimal trading costs.
•Traders can choose from five real account options, including an Islamic account with no swaps or interest charges.
•A wide selection of trading platforms, including mobile versions, allows traders to work comfortably in most conditions.
•The copy trading platform is transparent, fast, and features an intuitive interface.
•Customer support is available through the main communication channels, operates round the clock without interruptions, and has received numerous positive reviews.
👎 Disadvantages of PU Prime for traders from Belgium:
•This broker only offers trading with CFDs.
•Apart from copy trading, the company does not provide other passive income options such as joint accounts, cryptocurrency staking, etc.
•Residents of Australia, Singapore, and some other countries cannot collaborate with this broker.
Commissions & Fees
Brokerage fees are the amount of money that you pay for using the services that a brokerage offers in order to perform trading and manage investments. The brokerage fee structure and regulations vary from broker to broker, and there are two primary fee types which are:
Trading Fees: This type of fee is only charged when you perform a trade. It can be a conversion fee, margin rate, financing rate, spread, or commission.
Non-Trading Fees: This type of fee isn't directly related to your trading activity, and it can include inactivity fee, withdrawal fee, deposit fee, etcetera.
XM Group Commissions and Fees
Traders Union analysts have analyzed the main and additional commissions for each XM Broker account. There are no additional commissions on all accounts.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Ultra Low |
From 6 USD |
No |
|
Zero |
From 0 USD |
No |
TeleTrade Commissions and Fees
Our analysts analyzed the broker’s trading and non-trading fees. The first was the company's spread, the second was additional fees for withdrawing funds.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Standard |
$7.2 |
No |
|
NDD |
$7.2 |
No |
|
ECN |
$7.2 |
No |
OKX Commissions and Fees
The Traders Union specialists examined the OKX cryptocurrency exchange for trading, non-trading, and hidden commissions. The level of trading commission (for trade execution) depends on the type of trade and user status. For example, the exchange offers fixed rates for spot trading, as well as trading futures, options, and open-ended swaps. The amount of fees is calculated as a percentage and varies from 0.1% to -0.010%. There are no commissions for opening a trading account, its maintenance, using a terminal, or other non-trading activities.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Real account only |
$0.1 |
No data |
Dukascopy Commissions and Fees
The experts at the Traders Union inspected Dukascopy to check for both trading and non-trading commissions. Trading commissions mean spreads set by the broker, non-trading commissions mean account funding or withdrawal fees.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Live FX |
$22.5 |
No |
PU Prime Commissions and Fees
All brokers generate their main income from spreads and trading commissions, and some also impose withdrawal fees. If a raw spread is used, the commission is always higher, while a standard spread may have no commission at all. Spreads can also be fixed or floating. PU Prime offers floating spreads on its accounts, starting from 0 or 1.3 pips depending on the account type. Traders should also consider that the Prime account incurs a trading commission of $3.5 per standard lot. The Islamic account also has a fee, but it is floating and starts from $0, with a maximum of $3.5. Withdrawal fees are only charged when using the following channels: Skrill (1%), Neteller (2%), and Faspay (0.5%). In all other cases, including withdrawals to Visa or MasterCard bank cards, the broker does not charge fees. However, fees may be imposed by other parties involved in the withdrawal process, such as a bank. Considering the overall factors, PU Prime's commission policy appears attractive, and transparent and does not impose significant costs on traders.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Cent |
From $1.3, no commission |
No, for most withdrawal methods |
|
Standard |
From $13, no commission |
No, for most withdrawal methods |
|
Pro |
From $13, no commission |
No, for most withdrawal methods |
|
Prime |
From $0, the commission is $3.50 per lot |
No, for most withdrawal methods |
|
Islamic |
From $13, the commission is $0-3.50 per lot |
No, for most withdrawal methods |
Summary
Many brokers are available for traders from Belgium, but not all of them offer good conditions. In this review, TU experts chose the Best crypto brokers for short selling in Belgium 2025. These are the most trusted companies that offer the best conditions for traders. You will also be able to review the general assessment of each broker.
Overall score of the best Crypto Brokers For Short Selling in Belgium
| XM Group | TeleTrade | OKX | Dukascopy | PU Prime | |
|---|---|---|---|---|---|
|
Overall score |
9 |
8.6 |
8.9 |
6.61 |
6.4 |
|
Execution of orders |
9.35 |
3.21 |
9.2 |
6.12 |
6.21 |
|
Investment instruments |
9.2 |
4.7 |
7.5 |
9.8 |
4.7 |
|
Withdrawal speed |
7 |
7 |
9.25 |
6 |
7 |
|
Customer Support work |
8.7 |
8.41 |
8.52 |
5.21 |
5.68 |
|
Variety of instruments |
8.02 |
8.75 |
0 |
6 |
8.75 |
|
Trading platform |
8.9 |
8.29 |
7.13 |
5.36 |
4.28 |
|
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FAQ
Can you earn passive income in the financial markets?
Yes, the best brokers in Belgium offer passive income options. These could include copy trading, PAMM accounts, managed portfolios, etc.
What is a demo account and why is it important?
On a demo account, you trade by using virtual funds. It is important to choose a broker offering a demo account both for beginners, who are only learning, and for experienced traders, who can use this account type to test new strategies or EAs risk-free.
Is it possible to work with offshore brokers?
It is best not to work with offshore brokers. However, if you have chosen such a company, you need to check and analyze it very thoroughly. There are offshore brokers with good reputations. Before you start working with such a company, deposit the minimum amount and start trading. Once you’ve worked with the broker for a little while and checked how it operates and how quickly it processes withdrawals, you can start depositing higher amounts.
How much money do I need in order to start working in the financial markets?
The initial capital depends on the assets you plan to trade. However, in the majority of cases, $300-500 is a good amount for a start.
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Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.