Traders based in Belgium searching for the best spread betting and Forex brokers have a variety of international brokers to choose from. It’s possible to trade 24 hours during the working week with most brokers, and customers also benefit from access to tens of thousands of different worldwide markets.
Traders looking for a broker in Belgium are able to choose from various trusted brokers that are regulated by reputable regulators like the Financial Conduct Authority in the UK and CySEC in Cyprus.
Five of the top brokers for Belgian traders to check out include:
eToro has connected social media and online trading to allow users to easily view and copy successful experienced traders on their platform. eToro is a popular broker with more than 4 million customers worldwide and offers a great community for its services. The popularity of this site grew as they began to provide an interactive and social element to their traders, which proved attractive to professional traders as well as new traders. eToro is regulated by a number of official bodies, including the UK’s Financial Conduct Authority and CySEC, the Cyprus-based regulator. Trading Forex and CFDs with eToro is simple and participating within the social investment community offers customers great opportunities to learn from more experienced traders. Fees for all transactions are displayed on the site, so it’s a fairly transparent service that’s ideal for European and Belgian investors.
Core Spreads provides uncapped welcome bonuses on the first month’s spreads and allows for tight fixed spreads across many thousands of worldwide markets. This is an award winning service which makes great use of all available technologies. Traders can opt for the CoreTrader or MT4 platforms and will find the site performs just as well on mobile devices, allowing quick and smooth trading any time or place. Customers benefit from loyalty bonus rewards at the end of each month and the learning opportunities with Core Spreads are second to none.
Markets.com is regulated by CySEC and also under EU Financial laws, providing peace of mind to any European trader. Markets.com provide live webinars and video tutorials to help traders develop the instincts needed for success within the spread betting and Forex markets. With Markets.com offering leverage up to 200:1, and four different trading platforms this site offers everything needed by amateur or experienced traders.
CMC Markets is a highly regarded broker, providing opportunities to trade across more than 10,000 global markets and giving customers great speeds on mobile devices or desktops. Advanced execution controls put more power into the customer’s hands and reduce broker involvement, while the unique plotting, graphing and charting features allow every client opportunities to build their own analytical and performance graphics. Traders can earn cash rebates based on the value of each trade and 24 hour customer support is available, if required.
ETX Capital provide an award winning platform that’s been set up by traders for traders. Traders looking for tight spreads and a truly interactive platform will appreciate all the features of this site. Forex dealing, spread betting, CFDs, commodities, indices and equities can all be traded with ease from just one account, meaning it’s possible to keep track of all deals simultaneously. ETX Capital customers benefit from the useful educational material on offer and with three platforms for trading there’s sure to be a wealth of features to keep any trader’s interest.
Image credit:Keith Ellwood
When you trade foreign exchange you need to select a currency pair, because you will always be buying one currency while selling another. Leveraging means traders can trade sums far in excess of the capital held within the broker’s account. For example, a site offering 200:1 leverage would mean you could trade £2,000 on currency pairs if you only held £100 in your broker’s account. Ultimately, any trader must be fully aware that they are liable for the full amount of losses if unsuccessful trades are made.
All new traders need to be fully aware that spread betting and Forex dealing can be risky and it’s possible to lose significant amounts of capital. Signing up for a trial or demo account is one way to learn more about trading, without risking any hard earned capital on deals.Participating in webinars and learning as much as possible about trading from the broker’s on site educational resources is also a good plan, prior to making any deals. Social trading platforms offers the abilities to copy trades of the best performing traders as an attempt to teach other traders all the tricks of the trade and decrease the learning curve.