Many traders in Belgium use mobile apps to trade. Many brokers operate in this country, each offering their own platform. Before making a choice, it is important to evaluate apps to find the one that perfectly suits your goals and strategy. TU analysts compared Top 5 mobile apps. You will be able to choose the Best Copy Trading App in Belgium for 2024, based on our assessments.
TeleTrade is a broker for traders who value the variety of trading instruments and trade using their PC or a mobile app. The company is a good broker both for beginners and experienced traders.
Bybit is an exchange for those who have mastered classic cryptocurrency platforms and are ready to move on to more complex derivatives. The arsenal of Bybit Wallet is still limited but the developers plan to expand it by adding BCH, ADA, DOT, and other altcoins.
NPBFX is a universal broker providing services on off-exchange financial markets. Trading conditions are suitable for traders with any level of knowledge and opportunities. Investors have access to ZuluTrade social trading.
Dukascopy Bank is a Swiss innovative online bank based in Geneva, Switzerland, providing Internet based and mobile trading services (with focus on foreign exchange, bullion, CFD and binaries), banking and other financial services through proprietary technological solutions.
Blueberry Markets is a regulated Forex and CFD broker that provides services worldwide. It is suitable for active traders and passive investors, as it allows the usage of a variety of trading strategies.
1
Best Copy Apps in Belgium - TeleTrade
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 1:500) 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 in Belgium:
•detailed analytical section;
•informative educational section.
👎 Disadvantages of TeleTrade for traders in Belgium:
•no PAMM accounts or other money management options;
•a small range of trading instruments;
•few withdrawal options;
•support is available 24/5;
•withdrawals delayed;
•technical support responds slowly;
•sometimes it takes a long time to verify data.
2
Best Copy Apps in Belgium - Bybit
Bybit is a leading cryptocurrency exchange specializing in derivatives trading. Its proprietary trading platform is user-friendly but caters primarily to experienced traders who are comfortable with advanced financial instruments. Integration with TradingView provides seamless market analysis and trade execution.
Bybit allows highly leveraged trading of up to 100x with a clear and transparent fee structure. For those seeking alternative investment strategies, Bybit offers copy trading programs for both derivatives and spot markets, enabling users to automatically replicate the trades of successful investors.
The exchange provides 24/7 customer support, a safe banking environment, and instant deposits/withdrawals. Additionally, Bybit offers a crypto debit card, allowing users to spend their digital assets on everyday purchases.
👍 Advantages of trading with Bybit for traders in Belgium:
•It has a convenient, intuitive proprietary trading platform that is presented in the browser version, which eliminates conflicts with the operating system and braking when sending orders;
•Integration with TradingView allows users to simplify crypto market analysis and trading via a single platform;
•Combination of futures and perpetual contracts trading;
•There is an order book that allows you to assess the depth of the market and current trading volumes;
•It has a minimum entry threshold. The cost of a BTC/USD futures contract is USD 1;
•It is possible to open long and short positions with subsequent mutual recalculation.
👎 Disadvantages of Bybit for traders in Belgium:
•It has conditions for trading futures that are difficult for beginners, such as the formula for calculating the leverage, the terminology of the funding size and the premium index, funding rates, etc.;
•Lacks a mechanism to protect the interests of traders in the event of controversial issues;
•The mechanism of classic cryptocurrency trading is almost undeveloped. Only USDT, ВТС, and ЕТН are available for purchase.
3
Best Copy Apps in Belgium - NPBFX
NPBFX is a long-standing broker offering competitive spreads starting from 0.4 pips and leverage up to 1:1000. Traders can access a variety of markets including Forex, oil, stocks, and indices. Account types range from beginner-friendly Master account to more advanced options like Expert and VIP accounts.
NPBFX has fast order execution speeds (50-70 ms), making it suitable for scalping and high-frequency trading. Moreover, the broker explicitly indicates that these approaches are welcomed. However, clients should note that the only available trading platform is MetaTrader 4.
NPBFX doesn't hold licenses from major regulators, but the broker is a member of the Financial Commission, offering some level of deposit insurance and dispute resolution.
👍 Advantages of trading with NPBFX for traders in Belgium:
•The broker provides traders with best market prices supported by liquidity from Tier 1 banks and ECN systems, such as Integral, Currenex, and Hotspot;
•Membership in the Financial Commission provides up to EUR 20,000 insurance coverage on deposits of traders;
•social trading with access to the independent ZuluTrade platform;
•Loyal trading conditions. Minimum deposit is $10 with leverage up to 1:1000;
•all strategies are allowed, including scalping, hedging/locking, and algorithmic high-frequency trading on all types of accounts.
👎 Disadvantages of NPBFX for traders in Belgium:
•compared to other brokers, the speed of copying trades on ZuluTrade is not the fastest;
•no MT5 trading platform, which has unique advantages over MT4;
•There are no licenses from regulators. The broker is a member of the Financial Commission, which does not always support traders and is not authorized to recover fines imposed on brokers;
•no cent accounts.
4
Best Copy Apps in Belgium - Dukascopy
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 in 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 in 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
Best Copy Apps in Belgium - Blueberry Markets
The international Forex broker Blueberry Markets has been offering access to the financial and currency markets since 2016. It has representative offices in Australia and Vanuatu that operate under the control of ASIC (Australian Securities and Investments Commission, ABN: 49 167 260 504) and VFSC (Vanuatu Financial Services Commission, 012868). With this brokerage company, you can trade more than 300 assets including currency pairs and CFDs, join copy trading platforms, and invest in MAM accounts. Blueberry Markets offers advanced analytics, three levels of training, and a free VPS server. In 2020 and 2021, the company has been a finalist for the Best Online Client Service Award, established by the Finder website with over 1 million users.
👍 Advantages of trading with Blueberry Markets for traders in Belgium:
•Regulation in two jurisdictions and availability of ASIC and VFSC licenses;
•A wide range of financial instruments to which you can attach short and long positions;
•Availability of MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, as well as access to DupliTrade;
•Possibility to trade with minimal spreads on accounts with a fee per lot;
•Free forecasts for Forex and the most popular types of CFDs;
•Leverage is up to 1:500;
•No ban on the use of different trading techniques, copying transactions, or involvement of counselors.
👎 Disadvantages of Blueberry Markets for traders in Belgium:
•The minimum deposit is $100;
•The broker does not have standard bonus offers;
•Cent accounts are not available to its clients.
Best Copy Trading App in Belgium 2024: Education for Investors
When choosing the app, it is important to consider educational tools offered by brokers. TU analysts prepared a comparison of educational programs.
TeleTrade - Education for Investors
Investment Education Online
The TeleTrade website features a large educational section where every trader can find information for successful Forex trading and more. The broker provides information on the basics of analysis, trading strategies, and also offers educational courses, video tutorials. The company also holds webinars.
You can test the knowledge you gained on the TeleTrade website by using a demo account. The broker’s specialists believe it can give novice traders the experience and skills to trade on a live account.
To support traders, a separate analytical section has been created on the website with an economic calendar, news and market overview.
NPBFX - Education for Investors
Investment Education Online
The section on the NPBFX website is a powerful analytical and educational tool where professionals can find a wealth of interesting materials.
A demo account allows users to put their newly acquired knowledge into practice.
Dukascopy - Education for Investors
Investment Education Online
To make traders' work more effective and raise the level of their skills, Dukascopy provides clients with educational and analytical materials. With its help, a trader can deepen his knowledge about the market and improve his trading strategy.
It's recommended to use a demo account to master the obtained knowledge in practice. Thus, you can study, test different methods and trading styles at the same time, without risking your capital by using a demo account. This training format fits beginners and experienced traders who want to test new trading strategies.
Blueberry Markets - Education for Investors
Investment Education Online
Educational materials on the Blueberry Markets website are located in the Learn section. They are divided into 3 levels — beginner, intermediate, and advanced. The website also contains video tutorials for traders with different trading experiences and detailed guides for working with MetaTrader terminals.
Practical application of trading theory can be achieved using a demo account. Blueberry Markets allows you to open a demo account in both MT4 and MT5.
Summary
In this review, you had an opportunity to learn about the features of 5 brokers, which traders in Belgium choose the most. However, now you need to choose the best of them. You can do it using the scores given by the Traders Union. Check out the score table that will help you choose the Best Copy Trading App in Belgium 2024.
| TeleTrade | Bybit | NPBFX | Dukascopy | Blueberry Markets | |
|---|---|---|---|---|---|
|
Overall score |
7.19 |
8.2 |
7.27 |
7.62 |
7.65 |
|
Execution of orders |
3.21 |
9.62 |
8.55 |
9.02 |
6.95 |
|
Investment instruments |
6.7 |
6.26 |
6.27 |
9.13 |
8.6 |
|
Withdrawal speed |
7.79 |
8.28 |
8.29 |
3.57 |
8.57 |
|
Customer Support work |
8.41 |
7.52 |
6.83 |
9.35 |
5.99 |
|
Variety of instruments |
8.75 |
9.41 |
7.67 |
9.27 |
8.02 |
|
Trading platform |
8.29 |
8.09 |
5.99 |
5.36 |
7.78 |
|
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FAQ
Do all brokers offer mobile apps for iOS and Android?
Unfortunately no. Some companies focus only on one operating system. Before opening an account make sure that the broker offers the version for your operating system.
Do I need to pay for downloading the app?
Brokers do not charge a fee for downloading their mobile app. They are provided for free.
Are there updates for the apps of brokers?
Yes. Mobile apps of brokers are regularly updated and it is very important to update them in the view of proper operation of services.
Are there versions of the apps for tablets?
In some cases, Forex brokers develop separate versions of apps for smartphones, tablets and even for TV sets.
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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.