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3 Best Commission-Free Stock Brokers in Belgium (2023)

Franklin Silva| Updated September 19th, 2023

You already know that starting investing is a significant milestone in your financial life, but now you may wonder, “Where should I open my investment account?”. The search for a commission-free stock broker may be daunting!

Through cost-benefit analysis, we’ve compiled three online brokers as our top picks for the best brokers in Belgium. We’ve listed the following factors that investors like you always take into account: fees (commission-free stock trading), investment platforms, the range of markets and instruments available, and education resources.

These are our suggestions for the best investing apps in Belgium:

BUX Zero

A recent mobile app with a simple and intuitive platform that offers stocks, ETFs, and cryptos free of charge. For more details, check our Bux Zero summary.

Revolut Trading

It is a feature inside the Revolup app. It offers 1 free trade every month. It charges an annual custody fee of 0.12%. More details on our Revolut summary.

✔️ All of them are authorized to operate in Belgium by the Financial Services and Markets Authority (FSMA). As such, all are under investor protection schemes.

Comparison of commission-free stock brokers in Belgium

  • Broker
  • Website
  • Overview
  • Demo Account
  • Account minimum
  • Fees
  • US stocks
  • EU stocks
  • ETFs
  • Currency Conversion Fee
  • Security
  • Regulators
  • Investor Compensation Scheme(per person, per instituion)
  • BUX Zero
  • Visit BUX Zero
  • BUX Zero is an online broker offering commission-free stocks and ETFs trading. New users will receive one free share worth up to €200.

  • €1
  • €0.99**For market and limit orders.
  • €0 (for Zero orders)**€1.99 for market and limit orders.
  • €0 (for Zero orders)**€1.99 for market and limit orders.
  • 0.25%
  • AFM and DNB.
  • Up to €100,000 for cash; Up to €20,000 for securities.

  • Revolut Trading
  • Visit Revolut Trading
  • Revolut Trading, a feature inside the Revolut App, gives you access to US stocks, precious metals, and cryptos. In the basic plan, users have 1 free trade every month.

  • €/£1
  • One free trade per month**Afterwards, it varies according to your country of residency.
  • Not Applicable
  • Not Applicable
  • 0% up to €/£1,000 per month**0.40% above the €/£1,000 of free allowance.
  • SEC, FCA (as an AR), Bank of Lithuania
  • Europe: 22k per investor for cash and investments;
    US and UK: up to 500k USD under SIPC.

Best Brokers in Belgium

1# Bux Zero - Best for Beginners

BUX Zero logo
Visit Bux Zero3 Best Commission-Free Stock Brokers in Belgium (2023) 1

BUX Zero at a glance

0% Commissions
Mobile App
ProductsStocks, ETFs and Cryptocurrencies
Minimum Deposit€1
RegulatorsAFM, FSMA

BUX Zero is an online broker launched in 2019 that has positioned itself as an affordable way for Europeans to increase their savings. It brings a simple and elegant way to start investing.

It allows users to trade US and EU stocks (Dutch, German, Belgian, French, and Austrian) and 30+ ETFs. New users will also benefit from one free share worth up to €200 (terms available on page 31 of the Bux Zero Client Agreement). You also have access to fractional investing, making it easy to invest in companies with big share prices (Amazon, Tesla, Alphabet,…) starting for as little as €10.

In addition, crypto trading is also available for free! Investors can trade Bitcoin, Ethereum, Litecoin, among other cryptocurrencies.

BUX Zero is very transparent in its pricing structure: it charges no commission for zero orders for EU stocks and ETFs, but it will cost you €1.99 per market or limit Order in EU stocks and ETFs. US stocks charge €0.99 for market and limit orders. Besides, it also earns money through an FX markup (currency conversion fee) of 0.25% and a monthly service fee of €2.99.

On the downside, the only place to trade is its mobile app (no desktop or web trading platform available), the products available are limited, and it has no demo account.

BUX Zero is regulated by the Dutch Authority for Financial Markets (Autoriteit Financiële Markten – AFM). If you want to learn more, check out our Bux Zero Review.

Bux Zero Pros and Cons

  • Commission-free stock, ETF and crypto trading
  • Offers one Free Share of up to 200€ upon deposit
  • Fractional Investing
  • Modern and user-friendly mobile app
  • No inactivity, custody, deposit or withdrawal fee
  • No minimum required deposit
  • No investment advice
  • No demo account
  • Limited financial products

2# Revolut - Best for Simplicity

Revolut logo
Visit Revolut3 Best Commission-Free Stock Brokers in Belgium (2023) 1

Revolut at a glance

0% Commissions
Mobile App
ProductsStocks, Cryptocurrencies, Gold, and Silver
Minimum Deposit€0
RegulatorsSEC, FCA and FINRA

Founded in 2019, Revolut Trading is part of the Revolut app (existing since 2015) and provides its users with an efficient way to invest (all in one place). It only allows investment in American stocks (+1,000 companies) free of charge for up to 1 transaction per month, cryptocurrencies with a charge of 1.99% or EUR 0.99 per trade (whichever is higher), and gold and silver with a spread of 0.25% when the market is open. On the other hand, there are no inactivity or withdrawal fees.

The app is super intuitive, and the account opening process is 100% digital, fast, and secure. Unfortunately, it still has a very low offer of financial products, and the account can only be denominated in dollars. Some of the non-accessible assets are the following ones: ETFs, CFDs, Forex, bonds, and options. Furthermore, it does not have any educational or market research material, and it charges an annual custody fee of 0.12%.

Learn more in our in-depth Revolut Trading Review.

Revolut Trading Pros and Cons

  • Simple trading platform
  • Easy account opening process
  • At least, one free trade per month
  • Low trading commissions
  • No inactivity fee
  • Low product offering (ETFs and other financial products are missing)
  • Investments not covered by the Financial Services Compensation Scheme
  • Annual custody fee of 0.12%


1# BUX Zero Best for beginners
 2# Revolut Best for simplicity

Which platform should you choose?

Some factors you should know when choosing an online broker are the fees charged if it is regulated by top-tier institutions such as the FCA in the UK, the range of products it allows you to trade (not all platforms allow you to trade EU stocks), among others.

The best online broker in your specific case will depend on your profile, preference, and objectives. Explore the websites above and decide for yourself!

A reminder that the above should not be seen as investment advice and should be considered information only. Investors should do their own research and diligence about the best-suited services and opportunities for their risk, returns, and impact strategy.

Hope we helped, and leave your comments below.

Happy investments!

Other FAQs about Brokers in Belgium

How to invest in stocks from Belgium?

You can use one of the online brokers shown above: eToro, Bux Zero e Revolut.

What is a brokerage company?

It is an entity designed to be the middleman between you and the people you are trying to buy or sell a stock, ETF, crypto,… you name it!

Which broker is best in Belgium?

There is no single answer. It depends on what you value most: fees, security, investment platform or any relevant feature.

What are the types of investments you can make with a brokerage account?

You can trade stocks, ETFs, Forex, Bonds, Futures, Cryptocurrencies and CFDs on stocks, ETFs, indices, cryptocurrencies, commodities.

Franklin Silva
Co-Founder & Fintech Analyst

Franklin is a CFA Level III Candidate with 3 years of experience in Wealth Management as a Fund Research Analyst and the Host of the "Edge Over Hedge" YouTube Channel.