Best Forex Brokers in Belgium in 2026

Top Forex brokers in Belgium Reviewed

Interactive Brokers is one of the world’s largest online brokers: founded in 1978, listed on Nasdaq (ticker: IBKR), part of the S&P 500 since August 2025, and regulated by multiple top-tier authorities including the SEC, FINRA, FCA, CBI, ASIC, MAS, SFC, and CIRO. Belgian clients are typically served by Interactive Brokers Ireland Ltd (Central Bank of Ireland), which provides EU passporting that covers Belgium.

IBKR sits at the top of our list for Belgian residents because it offers routes to the currency market that fall outside the FSMA ban: currency conversion without leverage across 100+ pairs at 0.002% of the trade value (minimum $2), and currency futures and options on regulated exchanges such as CME and Eurex. Exchange-traded futures are leveraged and risky, and IBKR will assess whether they are appropriate for you before granting permissions.

You can hold accounts in multiple base currencies (EUR, USD, GBP, and many more) with no minimum deposit, though funding is bank-transfer only. IBKR offers some of the tightest spreads in the industry, paired with a tiered commission structure that scales with your monthly trading volume. Below is a sample of typical spreads on major currency pairs (commission applies on top):

Interactive Brokers spreads on major currencies

In addition to low spreads, Interactive Brokers does not charge an inactivity fee, and you are entitled to one free withdrawal per month.

Finally, their trading platform, TWS (desktop version), is one of the best trading platforms with advanced features and a high degree of customisation. Moreover, they offer a web interface, IBKR GlobalTrader, and a mobile app that are also well-designed.

Interactive Brokers trading features

We recommend you check out our comprehensive Interactive Brokers review.

Fusion Markets is an Australian-headquartered forex and CFD broker founded in 2017, with regulated entities in Australia (ASIC), Vanuatu (VFSC), and Seychelles (FSA). It accepts clients from most countries worldwide (notable exceptions include the US, Japan, New Zealand and Spain). The broker offers access to 250+ products including forex, energy, precious metals, indices, US share CFDs, and crypto.

Important for Belgian residents: Fusion Markets has no EU licence, so a Belgian client would be onboarded by one of its offshore entities, outside the FSMA framework and without EU investor protection or the ESMA leverage limits. Since leveraged forex and CFDs cannot be distributed to Belgian retail clients, we only include it for its pricing and for readers who qualify as professional or live outside Belgium.

Fusion Markets is widely recognised for its very low spreads. Pricing comes via two account types:

• Zero Account: spreads from 0.0 pips, with a $2.25 per side commission (about $4.50 round-turn per standard lot on AUD and USD-denominated accounts).
• Classic Account: spreads from 0.9 pips, no separate commission, with costs embedded in the spread.

Below is a sample of typical spreads on major currency pairs (Zero Account):

Fusion Markets spreads on major currencies

Fusion Markets doesn’t charge an inactivity fee, deposits are free, and withdrawals are typically free as well (one of the broker’s standout cost advantages).

The broker offers a strong selection of trading platforms across desktop, web, and mobile, including MetaTrader 4, MetaTrader 5, cTrader, and TradingView. All platforms provide customisable charting, fundamental and technical indicators, and intuitive interfaces. cTrader stands out with more advanced features like market depth visualisation and VWAP-based execution analytics.

Saxo is a Danish bank with a global presence, offering an institutional-grade online trading platform that gives access to forex alongside one of the broadest multi-asset product ranges in the industry. Founded in 1992 in Copenhagen and now serving more than 1.5 million clients worldwide, Saxo became majority-owned by the Swiss private bank J. Safra Sarasin in March 2026, and has an S&P credit rating of A-.

For Belgian retail clients, Saxo’s leveraged forex and CFDs fall under the FSMA ban, but you can trade listed currency futures and options and convert currencies without leverage. Forex CFDs and spot forex with leverage are only available if you qualify as a professional client.

Forex spreads at Saxo start at 0.6 pips on the Classic account (tightening on Platinum and VIP tiers), with more than 190 currency pairs available for trading. There’s no minimum deposit on the Classic tier, and accounts can be funded via bank transfer or credit/debit card.

Saxo spreads on major currencies

Spreads tighten further on the Platinum and VIP account tiers, with spreads going down to as little as 0.4 pips on EUR/USD for VIP clients.

Compared to many other brokers, Saxo is known for its unified SaxoTrader platform (consolidated in 2025), available on web, mobile, and a downloadable professional client. It offers strong fundamental and technical analysis tools, a comprehensive account overview, and extensive charting. For newer investors, the simpler SaxoInvestor app provides a more streamlined experience.

IG is another strong contender on our list. Founded in 1974 and listed on the London Stock Exchange (ticker: IGG) as a constituent of the FTSE 250, IG is one of the oldest and most established CFD and forex brokers globally. The group is regulated by multiple top-tier authorities including the FCA (UK), BaFin (Germany), CySEC (Cyprus), ASIC (Australia), MAS (Singapore), JFSA (Japan), and FINMA (Switzerland).

IG gives you access to more than 80 currency pairs, with spreads starting at 0.6 pips on EUR/USD. Because IG’s forex products are CFDs, they are only available to Belgian residents who qualify as professional clients. Its education and research, however, are free for everyone.

IG Academy offers an extensive library of free educational content, structured courses, video lessons, and webinars, and is widely regarded as one of the strongest educational suites in the industry. The IG News and Analysis section provides professional market commentary and event-driven insights to help you stay informed.

IG spreads on major currencies

The minimum deposit is €300 when funding via PayPal or credit/debit card, and there’s no minimum for bank transfers. IG offers a strong range of trading platforms tailored to different experience levels, including its own proprietary web platform and the popular MetaTrader 4 for active forex traders.

CMC Markets is a global CFD and forex broker founded in 1989 and listed on the London Stock Exchange (ticker: CMCX) as a constituent of the FTSE 250. It gives access to over 330 currency pairs, one of the broadest forex offerings in the industry. As with IG, these are CFDs, so in Belgium they are only available to professional clients. CMC is regulated by multiple top-tier authorities including the FCA (UK), BaFin (Germany), ASIC (Australia), MAS (Singapore), CIRO (Canada), and FMA (New Zealand).

CMC Markets spreads on major currencies

CMC’s proprietary Next Generation platform is highly customisable and available in multiple languages on web and mobile, alongside MetaTrader 4 (MT4) and TradingView integration. The broker has also partnered with Morningstar for research and analysis content, which adds genuine depth to the platform’s research suite.