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Is Trading 212 available in Belgium? Alternatives in 2024

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Pedro Braz
Co-Founder, Forbes 30 under 30
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Franklin Silva
Co-Founder & Fintech Analyst
Fact checked by: Franklin SilvaUpdated on Oct 30, 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 Alternatives in Belgium

  1. Interactive Brokers: Best overall
  2. Saxo Bank: Best for experienced investors
  3. Lightyear: Best for beginners and interest

Award Winner

Interactive Brokers logo
#1 Best overall
Min. deposit of €0
Offers interest on uninvested cash balances
Excellent reputation (founded in 1978)
See broker summary
Visit BrokerRead review
Broker summary
Supported countriesWorldwide (exceptions apply)
Fractional sharesYes
RegulatorsFINRA, SIPC, SEC, CFTC, IIROC, FCA, CBI, AFSL, SFC, SEBI, MAS and MNB.
Interest on uninvested cashEUR: 2.645%; USD: 4.33%; GBP: 4.53% (as of October 2024)
Products and MarketsStocks, ETFs, options, futures, Forex, commodities, bonds and funds.
Visit BrokerRead review

Award Winner

Saxo Bank logo
#2 Best for experienced investors
Min. deposit of €0
Offers interest on uninvested cash
Wide range of products
See broker summary
Visit BrokerRead review
Broker summary
Supported countriesWorldwide (exceptions apply - not available in the USA)
Fractional sharesNo
RegulatorsASIC, FSA, FCA, SFC, MAS, FINMA, DFSA.
Interest on uninvested cashUSD: Up to 3.60%; EUR: Up to 2.15%; GBP: Up to 3.70% (as of October 2024)
Products and MarketsStocks, ETFs, bonds, mutual funds, crypto ETPs, options, futures, Forex, Forex options, crypto FX, CFDs and commodities
Visit BrokerRead review

62% of retail CFD accounts lose money.

Award Winner

Lightyear logo
#3 Best for beginners and interest
Low trading fees
Offers interest on uninvested cash
Modern trading app
See broker summary
Visit BrokerRead review
Broker summary
Supported countriesEurope
Fractional sharesYes (only for US Shares)
RegulatorsEFSA and FCA (as an Appointed Representative)
Interest on uninvested cashEUR: 2.00%, GBP: 3.00%, USD: 3.00% (as of October 2024)
Products and MarketsStocks, Funds and Money Market Funds.
Visit BrokerRead review

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.

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About the author
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Pedro Braz
Co-Founder, Forbes 30 under 30

Pedro is passionate about finance, marketing, and technology. He is the co-founder of Investingintheweb.com and his work has earned him a spot on the Forbes 30 Under 30 Europe Finance list.

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