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When is Trading 212 coming to Belgium? Alternatives in 2024

Pedro Braz| Updated March 12th, 2024

Widely known in Europe, Trading 212 has attracted the attention of several Belgian investors, offering high interest on uninvested cash, a slick and modern app, low commissions, and a free share signup bonus.

Want to know if Trading 212 is available in Belgium, the company’s expansion plans, and the alternatives available for Belgian investors? We’ve got you covered!

Is Trading 212 available in Belgium? 🇧🇪

No, Trading 212 is not yet available in Belgium.

Despite its popularity across Europe, Trading 212’s services remain inaccessible to Belgian residents due to local regulations. This situation is particularly perplexing to many, given that Trading 212 operates in nearly all other EEA countries. The company has acknowledged these challenges and has an open waiting list for Belgian investors, suggesting a desire to enter the market as soon as possible:

Trading 212 waiting list in Belgium

Trading 212 Alternatives in Belgium

  1. Interactive Brokers: Best overall
  2. Saxo Bank: Best for experienced investors
  3. Lightyear: Best for beginners and interest
When is Trading 212 coming to Belgium? Alternatives in 2024 1

#1 Best overall

Min. deposit of €0
Offers interest on uninvested cash balances
Excellent reputation (founded in 1978)
View BrokerWhen is Trading 212 coming to Belgium? Alternatives in 2024 2Read review
Interactive Brokers summary

IBKR is a leading global online broker which provides an advanced trading platform, a large selection of tradable securities, and low fees. It also launched IBKR GlobalTrader.

Supported countriesWorldwide (exceptions apply)Fractional sharesYes
RegulatorsFINRA, SIPC, SEC, CFTC, IIROC, FCA, CBI, AFSL, SFC, SEBI, MAS and MNB.Interest on uninvested cashEUR: 3.467%; USD: 4.83%; GBP: 4.75% (as of January 2024)
Products and MarketsStocks, ETFs, Options, Futures, Forex, Commodities, Bonds and Funds.
Saxo-logo

#2 Best for experienced investors

Min. deposit of $1,000
Offers interest on uninvested cash
Wide range of products
View BrokerWhen is Trading 212 coming to Belgium? Alternatives in 2024 2Read review
Saxo summary

Saxo Bank is an investment bank specialized in online trading and investment. It is a global and leading online broker, offering access to most asset classes worldwide.

Supported countriesWorldwide (exceptions apply - not available in the USA)Fractional sharesNo
RegulatorsASIC, FSA, FCA, SFC, MAS, FINMA, DFSA.Interest on uninvested cashUSD: Up to 4.059%; EUR: Up to 2.65%; GBP: Up to 3.93% (as of January 2024)
Products and MarketsStocks, ETFs, Bonds, Mutual Funds, Crypto ETPs, Options, Futures, Forex, Forex Options, Crypto FX, CFDs and Commodities

62% of retail CFD accounts lose money.

lightyear logo

#3 Best for beginners and interest

Low trading fees
Offers interest on uninvested cash
Modern trading app
View BrokerWhen is Trading 212 coming to Belgium? Alternatives in 2024 2Read review
Lightyear summary

Lightyear is a new fintech in the commission-free trading space with the idea of giving you an accessible way to increase your savings over time. It allows you to invest from only €/$/£1 and gives you a multi-currency account.

Supported countriesEuropeFractional sharesYes (only for US Shares)
RegulatorsESFA and FCA (as an Appointed Representative)Interest on uninvested cashEUR: 3.25%; USD: 4.50%; GBP: 4.50% (as of March 2024)
Products and MarketsStocks, ETFs and MMFs.

Terms apply, seek guidance if necessary. When you invest, your capital is at risk.

Conclusion

If you want to open a Trading 212 account from Belgium, you’re in bad luck: it is not possible. However, we believe any of the above mentioned brokers will be good choices.

Whether you value security and reputation or want a commission-free trading platform, the alternatives presented should be a good starting point. Explore their websites and decide for yourself!

If you haven’t found a match, you can still look at our comparison of online brokers available by country.

Pedro Braz
Co-Founder & Growth Manager

Pedro is passionate about finance, marketing, and technology. He is a growth manager at several online projects and a former digital marketer for a fintech company.

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