IG Markets in Belgium: Is it Available and Legit?
As of June 2026, IG Markets is available to traders and investors in Belgium. This accessibility confirms the broker's authorization to operate within Belgium and its compliance with the necessary regulatory requirements.
Essential details of IG Markets services in Belgium
IG Markets is accessible to traders and investors in Belgium. Key highlights include:
- Belgium residents can open an account with IG Markets
- IG Markets has earned an overall rating of 6.78/10 points according to our methodology.
- IG Markets received 10/10 points for regulation and safety.
- For more detailed information, see our comprehensive IG Markets review.
Is IG Markets a regulated broker? Is it safe?
IG Markets is a regulated Forex broker operating under the supervision of the following regulatory authorities:
| Regulator | Full Name | Country | Protection Fund | Regulation level |
|---|---|---|---|---|
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Full Name Australian Securities and Investments Commission | Country Australia | Protection Fund No specific fund but has stringent consumer protection | Regulation level Tier-1 |
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Full Name Federal Financial Supervisory Authority | Country Germany | Protection Fund Up to €20,000 | Regulation level Tier-1 |
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Full Name Bermuda Monetary Authority | Country Bermuda | Protection Fund No specific fund | Regulation level Tier-3 |
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Full Name Commodity Futures Trading Commission | Country United States | Protection Fund No specific fund | Regulation level Tier-1 |
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Full Name Cyprus Securities and Exchange Commission | Country Cyprus | Protection Fund Up to €20,000 | Regulation level Tier-1 |
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Full Name Dubai Financial Services Authority | Country Dubai | Protection Fund No specific fund | Regulation level Tier-2 |
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Full Name Financial Conduct Authority | Country United Kingdom | Protection Fund Up to £85,000 | Regulation level Tier-1 |
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Full Name Swiss Financial Market Supervisory Authority | Country Switzerland | Protection Fund CHF 100,000 | Regulation level Tier-1 |
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Full Name Financial Markets Authority of New Zealand | Country New Zealand | Protection Fund No specific fund | Regulation level Tier-2 |
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Full Name Financial Sector Conduct Authority of South Africa | Country South Africa | Protection Fund No specific fund | Regulation level Tier-2 |
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Full Name Japan Financial Services Agency | Country Japan | Protection Fund No specific fund | Regulation level Tier-1 |
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Full Name Monetary Authority of Singapore | Country Singapore | Protection Fund No specific fund | Regulation level Tier-1 |
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Full Name National Futures Association | Country United States | Protection Fund No specific fund | Regulation level Tier-1 |
Is IG Markets safe to use in Belgium?
A broker’s security is largely defined by its regulatory status. IG Markets is supervised by a Tier-1 authority, which is considered the highest level of oversight in the financial industry. Such brokers must comply with strict requirements on capital, transparency, and client fund protection. In addition, the presence of an Investor Compensation Fund and a proven track record in financial markets further strengthen trust. According to our methodology, IG Markets received a Regulation and safety score of 10/10, placing it among the most secure brokers.
Is Forex trading allowed in Belgium? Is Forex taxable in Belgium?
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Licensing in Belgium
In Belgium, the main regulatory body is the National Bank of Belgium, the country's central bank. The National Bank of Belgium controls financial activities, including foreign exchange transactions. It formulates monetary policies, manages currency issuance, and regulates foreign exchange reserves to ensure stability in the Forex market. To obtain a license to operate in the Forex market of Belgium, companies must meet specific requirements:
- Licensing. Firms are required to obtain a license from the Financial Services and Markets Authority (FSMA) to conduct legal Forex activities in Belgium
- Capital requirements. Minimum capital thresholds are set by regulatory authorities to ensure financial stability and mitigate risks associated with Forex trading
- Compliance standards. Firms must adhere to strict compliance standards, including Anti-Money Laundering (AML) and Know Your Client (KYC) regulations, to prevent financial crimes and ensure the integrity of transactions
- Submission of a business plan. Detailed business plans must be submitted to regulatory authorities for review to ensure transparency and compliance with regulations
- Registration. Mandatory registration with FSMA to ensure accountability and regulatory oversight is required
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Investor Protection in Belgium
Several entities in Belgium protect Forex investors and maintain market integrity, namely:
- National Bank of Belgium. It ensures compliance with regulations to protect investor interests and maintain market stability
- Financial Services and Markets Authority (FSMA). It regulates and supervises Forex trading activities, ensuring fair trading practices and market transparency
- Belgian Financial Intelligence Processing Unit (CTIF-CFI). It detects and prevents money laundering and terrorist financing activities in the Forex market to protect investors and maintain the integrity of the financial system
- Investor Protection and Information Center (CIFA). It provides education, support, and assistance to investors, ensuring awareness and responsible investment practices
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Forex Taxation in Belgium
Taxation of Forex transactions in Belgium is governed by the FPS Finance (the Federal Public Service of Belgium). Income generated from Forex trading is subject to taxation under the Belgian tax code.
IG Markets vs other regulated brokers in Belgium
To provide a clear understanding of available options for traders in Belgium, Traders Union compared IG Markets trading conditions with those of other regulated brokers accepting clients in the region.
| IG Markets | Fusion Markets | XM | ||
|---|---|---|---|---|
| Regulation | FCA, BaFin, ASIC, MAS, CySec, FINMA, BMA, CFTC, NFA | ASIC, VFSC, FSA | CySEC, FSC (Belize), DFSA, FSCA, FSA (Seychelles), FSC (Mauritius), SCA (United Arab Emirates), CMA (Kenya) | |
| Minimum deposit | $1 | $1 | $5 | |
| Currency pairs | 80 | 90 | 57 | |
| Floating spread EUR/USD, min pips | 0.6 | 0.1 | 0.7 | |
| Floating spread EUR/USD, max pips | 1.2 | 0.4 | 1.2 | |
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Team that worked on the article
Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform.
Dan Blystone began his trading career in 1998 as an arbitrage clerk on the floor of the Chicago Mercantile Exchange (CME). He later traded bond and Eurex futures at proprietary firms such as Altea Trading, gaining valuable experience in high-frequency trading and risk management.
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.