Online Trading Starts Here
EN /best-forex-brokers/in-belgium/
AR Arabic
AZ Azerbaijan
CS Czech
DA Danish
DE Deutsche
EL Greek
EN English
ES Spanish
ET Estonian
FI Finnish
FR French
HE Hebrew
HI Hindi
HU Hungarian
HY Armenian
IND Indonesian
IT Italian
JA Japan
KK Kazakh
KM Khmer
KO Korean
MS Melayu
NB Norwegian
NL Dutch
PL Polish
PT Portuguese
RO Romanian
... Русский
SQ Albanian
SV Swedish
TG Tajik
TH Thai
TL Tagalog
TR Turkish
UA Ukrainian
UR Urdu
UZ Uzbek
VI Vietnamese
ZH Chinese
Menu
  • Traders Union
  • Best Forex Brokers in Belgium: A Comparative Guide
Advertiser Disclosure

Best Forex Brokers in Belgium: A Comparative Guide

Anastasiia Chabaniuk
Written by:
Anastasiia Chabaniuk
Chinmay Soni
Reviewed by:
Chinmay Soni
Mirjan Hipolito
Fact-checked by:
Mirjan Hipolito
Updated:
October 11, 2026

Editorial Note: While we adhere to strict Editorial Integrity, this post may contain references to products from our partners. Here's an explanation for How We Make Money. None of the data and information on this webpage constitutes investment advice according to our Disclaimer.

  • Fusion Markets - Best for low cost Forex trading (ECN fee is only $2.25 per side)

  • XM - Best Order Execution (99.35% of orders are executed nearly instantly)

  • Vantage Markets - Best for trading CFDs on major U.S. Stocks (zero fees apply)

  • Moneta Markets - Advanced trading infrastructure (top tier data centers around the world)

  • GTCFX - Regulated by the VFSC and FSC, offering Forex and CFD trading with leverage up to 1:1000

  • Valetax - Provides forex and crypto trading with competitive spreads

At Traders Union, we evaluate Forex brokers to help traders make informed, confident decisions and avoid unreliable or unsafe options. We use a professional and detailed approach, focusing on key factors such as regulation and safety, trading costs, ease of use, platform features for all experience levels, and real trader feedback collected over 15 years.

We’ve outlined every step of our evaluation in detail on our Methodology Page. Our process is transparent, data-driven, and built on years of expertise, combined with real trader insights, ensuring you can trust our recommendations.

Our goal is to guide traders toward brokers that are safe, reliable, and suited to their needs, whether they are beginners or experienced professionals in Belgium

Warning:

There is a high level of risk involved when trading leveraged products such as Forex/CFDs. Between 65% and 82% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Comparison of leading Forex brokers in Belgium

The minimum deposit, EUR/USD spread, eligibility for residents of Belgium, and the number of available currency pairs are key factors to consider when choosing a broker.

  • The minimum deposit shows how affordable it is to start trading.
  • The EUR/USD spread highlights trading costs—lower spreads mean you save more.
  • Eligibility for residents of Belgium ensures you can legally access the broker’s services.
  • The number of currency pairs reveals the variety of trading options available.

Together, these factors help you determine if a broker is safe, cost-effective, and aligned with your trading needs.

Fusion Markets
Minimum deposit $1 $5 $50 $50 $30 $1 $5 $50 $50 $30 $1
Accepts residents of country
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
ECN Spread EUR/USD 0.1 0.2 0.3 0.3 0.2 0.1 0.2 0.3 0.3 0.2 0.1
Currency pairs 90 57 40 60 150 60 57 40 60 150 60
Tradable assets 250 1400 1000 1000 27000 100 1400 1000 1000 27000 100
Study review Study review Study review Study review Study review Study review Study review Study review Study review Study review Study review Study review

We have analyzed the key advantages and disadvantages of the leading Forex brokers in Belgium, as well as their overall ratings based on our proprietary methodology.

Available in Belgium
1
Visit broker
Your capital is at risk.
TU Overall Score 9.3 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.
7.5 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.
10 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
9.2 /10
  • Reliable regulation;
  • No non-trading fees;
  • Diversity of financial instruments.
  • Limited educational opportunities;
  • No cent accounts;
  • Inability to trade with bonus funds.
Available in Belgium
2
Visit broker
Your capital is at risk.
TU Overall Score 9.4 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.
9.1 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.
7 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
10 /10
  • Regulation in six jurisdictions;
  • Accounts designed for different strategies and levels of trader experience;
  • Minimum deposit of $5;
  • Various bonuses, trading competitions, and an affiliate program;
  • 100% order execution;
  • No markup on tight market spreads;
  • Access to more than 1,400 instruments;
  • No deposit or withdrawal fees;
  • 24/7 multilingual support in over 30 languages.
  • The support service operates 24/5.
  • A small number of analytical tools.
  • Copy trading and stock trading accounts are not available in all countries.
Available in Belgium
3
Visit broker
Your capital is at risk.
TU Overall Score 8 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.
8 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.
7 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
10 /10
  • A vast array of trading instruments
  • Licenses from four reputable regulators.
  • Classic trading terminals and a proprietary mobile application.
  • An extensive array of trading signals.
  • Most customers are forced to cooperate with a branch that has an offshore license.
  • Limited training and a lack of information on Forex trading.
  • Snail-paced withdrawal of funds.
Available in Belgium
4
Visit broker
Your capital is at risk.
TU Overall Score 9 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.
7.6 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.
6 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
9.6 /10
  • Minimum deposit is only $50;
  • Three account types that are suitable for both novice traders and professionals;
  • Demo account for novice traders to test trading conditions and strategies;
  • Possibility of passive income by connecting to social trading services;
  • Negative balance protection.
  • Small choice of payment methods for depositing and withdrawing funds;
  • No cent accounts for trading with reduced risks.
Available in Belgium
5
Visit broker
Your capital is at risk.
TU Overall Score 9.2 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.
8.7 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.
7 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
9.7 /10
  • Minimum deposit for standard accounts is only $30, which ensures a low entry threshold;
  • Tight spreads from 0 pips and low fees up to $3.5 per lot minimize trading costs;
  • Except for the demo account, there are five live account types, that provide for individualizing the offer;
  • No trading restrictions combined with high leverage provide high-profit potential;
  • Traders work through top-end platforms that are easy to learn and easily customized using plug-ins;
  • This broker offers passive income options such as joint accounts and an integrated copy trading service;
  • Technical support is multilingual and is available 24/7.
  • There are many assets in this broker's pool, but they are only currency pairs and CFDs;
  • This broker does not offer a standard referral program for individuals, but only an IB partnership program;
  • GTC Forex does not provide its services in Germany, Italy, Belgium, Ireland, Liechtenstein, Norway, and a number of other countries.
Available in Belgium
6
Visit broker
Your capital is at risk.
TU Overall Score 9.2 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.
8.8 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.
7 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
3.9 /10
  • Segregated Accounts.
  • Negative Balance Protection.
  • Secure payments via licensed providers.
  • Cent account available (1,000-unit contract size).
  • Floating spreads with no extra commissions.
  • International regulation.
  • Minimum deposit from $1.
  • High-commission partnership program.
  • No limits on scalping, hedging, or automated trading.
  • 24/7 online and phone support
  • Financial regulator tier - 3.
  • Trader education is not part of Valetax’s services.
  • Among the available trading platforms, only MetaTrader 4/5.

Why trust us

Independent analysis, real experts, and transparent methodology

  • 15+ years of independent market analysis

  • 140+ evaluation criteria, reviewed by 50+ experts

  • Data-driven reviews of 200+ platforms, updated regularly

  • 20+ industry awards & a wide network of global media partners

Learn more about our methodology and editorial policies.

why trust us why trust us why trust us why trust us why trust us why trust us

Trading fees and commissions of top brokers in Belgium

We compared both trading and non-trading fees of the top brokers in Belgium. This comparison highlights the following:

  • Trading fees:

    These include average spreads in pips for popular currency pairs like EUR/USD and GBP/USD, based on both Standard and ECN account types with floating spreads.

  • Non-trading fees:

    These cover deposit and withdrawal fees (percentage-based), along with inactivity fees.

By analyzing these parameters, we aim to provide a transparent overview of the cost-effectiveness of brokers in Belgium.

Trading fees
Fusion Markets
ECN Spread EUR/USD 0.1 0.2 0.3 0.3 0.2 0.1 0.2 0.3 0.3 0.2 0.1
ECN Spread GBP/USD 0.16 0.2 0.5 0.4 0.2 0.2 0.2 0.5 0.4 0.2 0.2
ECN fee ($) 2.25 3.5 3 3 3.5 2.0 3.5 3 3 3.5 2.0
Standard acc. EUR/USD spread 0.3 1.0 0.9 1.5 0.6 1.6 1.0 0.9 1.5 0.6 1.6
Standard acc. GBP/USD spread 0.3 0.9 1.1 1.5 0.7 2.2 0.9 1.1 1.5 0.7 2.2
XAU/USD spread, pips 25 35 20
No
10
No
35 20
No
10
No
Non-trading fees
Fusion Markets
Deposit fee, %
No
No
No
No
No
0-0.1
No
No
No
No
0-0.1
Withdrawal fee, %
No
No
No
No
No
No
No
No
No
No
No
Withdrawal fee, $
No
No
No
No
No
1.5
No
No
No
No
1.5
Inactivity fee, $
No
10
No
No
5
No
10
No
No
5
No

Security and regulation of top brokers in Belgium

When choosing a Forex broker in Belgium, regulation ensures your funds are safe. Tier-1 regulation is the most reliable, with strict rules on transparency and client protection. Tier-2 regulation is solid but less strict, offering a reasonable level of oversight. Tier-3 regulation and unregulated brokers are riskier, with minimal or no monitoring, which can put your money at risk.

The data below shows the regulatory level of brokers available in Belgium, helping you make a safe and informed choice.

Fusion Markets
Regulation and safety 3.9 10 10 9.6 9.7 3.9 10 10 9.6 9.7 3.9
Regulation ASIC, VFSC, FSA CySEC, FSC (Belize), DFSA, FSCA, FSA (Seychelles), FSC (Mauritius), SCA (United Arab Emirates), CMA (Kenya) ASIC, FCA, FSCA, VFSC FSCA, SCA, FCA VFSC, FSC, FCA, ASIC FSC (Mauritius), SVG FSA CySEC, FSC (Belize), DFSA, FSCA, FSA (Seychelles), FSC (Mauritius), SCA (United Arab Emirates), CMA (Kenya) ASIC, FCA, FSCA, VFSC FSCA, SCA, FCA VFSC, FSC, FCA, ASIC FSC (Mauritius), SVG FSA
Max. Regulation Level Tier-1 Tier-1 Tier-1 Tier-1 Tier-3 Tier-3 Tier-1 Tier-1 Tier-1 Tier-3 Tier-3
Investor protection
No
£85,000
€20,000 €20,000
£85,000
No
No
No
£85,000
€20,000 €20,000
£85,000
No
No
No
Negative balance protection
No
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes

Top 3 brokers for beginners in Belgium

This comparison highlights the best brokers in Belgium for new traders based on the following criteria:

  • Education Score: Assesses the quality of educational materials, such as tutorials and guides.
  • Cent Accounts: Allow traders to start with minimal capital ($1–$10), enabling them to learn market dynamics with limited financial risk.
  • Demo Accounts: Provide risk-free environments for practicing trading strategies.
  • Copy Trading: Enables new traders to learn by replicating the trades of experienced traders.
  • PAMM Accounts: Offer opportunities for passive investment.

These features help ensure a smooth start and effective learning experience for beginners in Belgium.

Vantage Markets GTCFX Valetax
Education score 4.3 8.5 6.8
Demo
Yes
Yes
Yes
Copy trading
Yes
Yes
Yes
PAMM
No
Yes
No
Cent
Yes
Yes
Yes

Is Forex regulated in Belgium?

Forex trading is legal in Belgium, but strictly regulated by the Financial Services and Markets Authority (FSMA). The FSMA restricts access to high-risk financial products, including CFDs and speculative Forex trading, for private investors.

Forex investor protection in Belgium

Belgian traders are protected by strict FSMA requirements. Brokers are required to segregate client funds. Clients can also count on protection through the European Compensation Scheme, which provides coverage of up to €20,000 in the event of a broker's insolvency.

Forex taxation in Belgium

Forex trading income is subject to capital gains tax at a rate of 33% for individuals. Traders are required to declare all trading income in their annual tax returns.

How to choose a Forex broker in Belgium

For beginners, it’s essential to start with a strong foundation in Forex trading basics. Focus on understanding trading psychology, how leverage impacts risk, and the importance of lot sizes and risk management strategies.

Once you’ve built your knowledge, follow these practical steps to begin trading Forex in Belgium:

  • Check regulation and security.

    Ensure the broker is regulated by a Tier-1 or Tier-2 regulatory authority or holds a valid license in Belgium. Regulation helps guarantee fund safety and compliance with industry standards.

  • Compare fees and spreads.

    Seek brokers offering low spreads, transparent fees, and competitive commission structures for Belgium clients to minimize trading costs.

  • Evaluate trading platforms.

    Choose brokers offering advanced platforms such as MT4, MT5, or TradingView for efficient trading and analysis.

  • Review account types.

    Select a broker that offers account types suited to your needs, such as Cent and Demo accounts for beginners and ECN accounts for experienced traders.

  • Assess deposit and withdrawal options.

    Ensure the broker provides fast, affordable, and reliable deposit and withdrawal methods in Belgium.

  • Check customer support quality.

    Choose brokers that offer responsive, multilingual support 24/7 to ensure prompt and effective issue resolution.

H2 Top 3 biggest Forex brokers in Europe

Europe is home to some of the largest forex brokers globally, offering unparalleled trading services and high trading volumes. Trading with these brokers provides key advantages such as better liquidity, tighter spreads, and faster execution, making them a preferred choice for many traders. These brokers are also well-regulated by top-tier authorities like CySEC, BaFin, or FCA, ensuring secure and transparent trading conditions.

Here are the top 3 biggest forex brokers in Europe:

XM FxPro IC.com
Daily trading volume 16,08 7,8 29
FCA
No
Yes
No
CySec
Yes
Yes
Yes
BaFin
No
No
No
TU overall score 9.35 8.9 8.55
Open an account Study review Study review Study review

Expert advice for traders in Belgium

Rinat Gismatullin
Author and business expert Rinat Gismatullin
Updated on October 11, 2026

A broker's history in the market can be a strong indicator of its reliability. In my experience, brokers with over 10 years of experience tend to be more stable and trustworthy. These brokers have weathered market fluctuations and regulatory changes, demonstrating their resilience. While newer brokers may offer attractive conditions, their limited track record should be considered. When choosing a broker, research its background and reviews to ensure you're partnering with an established and dependable company.

Related Articles

Is Axi Legal in Belgium? Is it Regulated?
Andrey Mastykin
2 weeks ago
Is Interactive Brokers Legal in Belgium? Is it Regulated?
Andrey Mastykin
2 weeks ago
Is IG Markets Legal in Belgium? Is it Regulated?
Andrey Mastykin
2 weeks ago
Is Eightcap Legal in Belgium? Is it Regulated?
Andrey Mastykin
2 weeks ago
Why Is It Hard to Stop Trading After Losses? | TU Research
Anastasiia Chabaniuk
4 days ago

Editors' Top Picks and Insights

All news

Team that worked on the article

Anastasiia Chabaniuk
Anastasiia Chabaniuk
Educational Content Editor

Anastasiia has 17 years of experience in finance and content marketing. She believes that the support of information and expert opinion is very important for the success of investors and new traders.

Learn about our editorial policies
Chinmay Soni
Chinmay Soni
Head of Fact-Checking Department

Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.

Mirjan Hipolito
Mirjan Hipolito
Cryptocurrency and stock expert

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets.

Table of Contents:
Who We Are
Business Solutions
For Users
TU News
Popular Sections
Disclosures
CONTACT US
Legal
We are in Social Media
© IAFT Ltd., 2010-2026 All rights to the website are owned by IAFT Ltd.,
Registration number - HE 336186
  • Risk disclosure:

    Information on the TradersUnion.com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested and only 11-25% of traders earn a profit. Trading in futures and options carries substantial risk of loss and is not suitable for every investor.

    That is why you should only invest money that you are prepared — or can afford — to lose at such high risks. Tradersunion.com does not provide any financial services, including investment or financial advisory services. Also, the Traders Union is not a broker and does not get money for trading in the Forex or CFD markets. Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers.

  • Disclaimer:

    Traders Union (TradersUnion.com) shall not be liable for the consequences of trading decisions made by the Client and for the possible loss of his capital resulting from the use of this website and information published on it.

    Forex market, CFD and cryptocurrency trading involves high risks and is not suitable for everyone. Before investing money, you need to adequately assess the level of your expertise and be aware of the risks, particularly in the context of trading with leverage. The information on this website is not intended for distribution or use by any person in any country or jurisdiction, where such distribution or use would be in violation of the local law or regulation. Any payments by Traders Union (TradersUnion.com) to the users of our website shall be legally interpreted solely as an incentive on our part for the activity on the website in the form of a deduction of a part of the advertising income; they shall not be a subject of any claims of our users or our obligations, a subject of disputes, as well as cannot be considered in relation to the services provided to users by brokers, both in fact and in their completeness and volume. The administration of the website shall not be liable for the content of user comments and reviews about the companies and shall not verify whether the authors of the reviews are indeed real clients of a specific company. All reviews, both negative and positive are published on the website without verification of their reliability; only offensive reviews that call for violence or any kind of discrimination and also reviews published from one group of IP addresses are moderated and removed. The authors of the materials shall be fully liable for the accuracy, completeness and impartiality of any information in the articles and reviews, including in the context of their use or mention of any brand names or trademarks. All mentions of the names of companies and their brands in any materials on the website shall be made in the context of communication of socially important information to the people about their activities by independent journalists, who are the authors. All evaluations and indicators on the website express the subjective opinion of the authors of the reviews (articles) and shall not be viewed as accurate statements and be a subject of disputes and claims against Traders Union.

  • Disclosure of advertisers and revenues:

    All the services on the Tradersunion.com website are free for you to use. Our team spends thousands of hours per annum researching brokers and gathering information about them to help investors all over the world to choose reliable companies and to avoid fraudsters.

    Indeed, the curating, sourcing, and organization of this process requires substantial financial investment by Tradersunion.com, which the website earns in the form of advertising payments. There are two types of advertising services on the website — direct advertising or partner (broker) participation programs. However, no services purchased by our partners shall affect the recommendations on our website, or our opinions, or ratings. Our ratings are based on our objective rating criteria and methodology; and the results are always equally and fairly applied to each broker. The work of our content authors and research groups does not involve any interaction with our advertisers and they do not have access to data concerning the amount of advertising purchased. For over 10 years we consider our independence, absolute openness, and objectivity as our main priority. Please follow the links to each of our affiliated broker’s websites. This will help Tradersunion.com to continue to provide our services to you for free.

onepercentfortheplanet.org https://gdpr.eu/ GDPR World Association of News Publishers