Which broker is better for Belgium traders in 2026? Expert analysis across 12 categories.
Belgian retail traders seeking a reliable forex and CFD broker face a choice between EasyMarkets and IG, two established names with different strengths. EasyMarkets (overall score 3.4/5) is known for its simplified fixed-spread pricing, risk management tools like dealCancellation, and a beginner-oriented web platform. IG (score 4.2/5) dominates with over 17,000 markets, deep liquidity from its London Stock Exchange listing, and powerful platforms including MT4, ProRealTime, and its proprietary web trader. Both brokers are fully legal in Belgium under FSMA oversight and follow ESMA’s strict leverage limits (30:1 for major forex, lower for commodities and indices). They also support popular local payment methods: Bank Transfer, Skrill, Neteller, and even USDT TRC20 for crypto deposits. This comparison dives into trading costs, platform features, regulation, and deposit options specifically for Belgian traders, helping you decide which broker aligns best with your trading style and local needs.
| Instrument | EasyMarkets | IG | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | IG |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | IG |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | IG |
| Standard acc spread | from 1.0 pips | from 0.8 pips | IG |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $0 | IG |
For Belgian traders, trading costs are decisive when comparing EasyMarkets and IG. EasyMarkets uses fixed spreads—EUR/USD at 1.4 pips, EUR/GBP at 2.2 pips—which remain stable regardless of market volatility. This predictability is helpful for beginners but can be costly during low volatility. IG employs variable spreads from 0.6 pips on EUR/USD (standard account) with a commission of $0 on forex, though commodities and indices incur separate spreads. Over a high-volume month of 100 standard lots on EUR/USD, IG’s cost advantage can exceed $800 compared to EasyMarkets due to the spread difference. Additionally, IG charges no financing fees on CFDs held overnight, while EasyMarkets includes swap charges. Belgian traders who trade frequently will find IG more economical, while casual traders may appreciate EasyMarkets’ all-in fixed pricing.
| Account Type | EasyMarkets | IG |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $0 |
| Entity / Asset | EasyMarkets | IG |
|---|---|---|
| Belgium (offshore) | Up to 1:2000 | Up to 1:30 |
| Forex major pairs | 1:2000 | 1:30 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | EasyMarkets | IG | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | EasyMarkets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | EasyMarkets |
| Crypto CFDs | 30+ | 20+ | EasyMarkets |
| Stocks / Share CFDs | ✗ | 1,700+ | IG |
| ETFs | ✗ | ✓ | Tie |
| Platform | EasyMarkets | IG |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✓ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Belgian traders value intuitive platforms that support both desktop and mobile trading. EasyMarkets offers a proprietary web-based platform with a clean interface, one-click trading, and integrated charting from TradingView. It also provides a mobile app with full functionality. However, it lacks third-party terminals like MetaTrader. IG on the other hand provides MT4, ProRealTime (with advanced charting and algorithmic trading), and its own web trader. IG’s mobile app earns high ratings for real-time data and order management. For Belgian traders who rely on automated strategies or advanced analysis, IG’s platform ecosystem is far superior. EasyMarkets is better suited for beginners who want simplicity and a lower learning curve.
| Factor | EasyMarkets | IG | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | IG |
| Avg execution speed | ~30ms | ~40ms | EasyMarkets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✗ | ✓ | Tie |
EasyMarkets uses a hybrid market execution model with no requotes, but occasional slippage during news events. It also offers a unique 'dealCancellation' feature to reverse losing trades within an hour for a fee. IG employs straight-through processing (STP) with deep liquidity from multiple banks, resulting in fast execution and minimal slippage on major pairs. IG also provides a VPS service for automated trading via MT4. For Belgian scalpers and day traders, IG’s execution speed and reliability are clearly superior. EasyMarkets is adequate for casual traders but may not satisfy high-frequency strategies.
| Safety Factor | EasyMarkets | IG |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both brokers are regulated in the European Union and must comply with ESMA rules, enforced locally by the Belgian FSMA. EasyMarkets is authorised by CySEC (Cyprus) under license number 079/07, while IG is regulated by the FCA (UK) and has a subsidiary, IG Europe, authorised by the Central Bank of Ireland. For Belgian clients, the key protections are the same: segregated client accounts, negative balance protection, and leverage limits (30:1 for major forex, 20:1 for minors, 10:1 for commodities, 2:1 for crypto CFD). However, IG’s FCA oversight offers additional historical credibility and compensation via the Financial Services Compensation Scheme (FSCS) up to £85,000, albeit only for UK clients. Belgian clients of IG Europe are covered by the Irish Investor Compensation Scheme (€20,000 maximum). EasyMarkets clients are covered by the ICF (Cyprus) up to €20,000. Both are considered safe, but IG’s broader regulatory footprint adds confidence for active traders.
| Payment Method | EasyMarkets | IG |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✗ |
| Neteller | ✓ | ✗ |
| USDT / Crypto | ✗ | ✓ |
| Withdrawal time | Cards 1-2 business days; e-wallets instant-1 business day; bank wire 3-10 business days; overall back-office processing within 1 business day (24h) | 1 to 5 business days |
Belgian traders can fund their accounts with both brokers using Bank Transfer, Skrill, Neteller, and USDT TRC20. EasyMarkets processes deposits instantly for e-wallets and USDT, while bank transfers take 1-2 business days. Minimum deposit is $100 via wire, but no minimum for e-wallets or crypto. IG has a minimum deposit of $250 for most methods but offers fee-free deposits via Bank Transfer (SEPA) and Skrill. Neteller may incur a 1% fee on deposits. USDT TRC20 deposits are supported by both brokers with no additional fees, making them appealing for fast, low-cost funding. Withdrawals: EasyMarkets processes within 24 hours for e-wallets and USDT, with bank transfers taking 1-3 days. IG also processes withdrawals within 24 hours for e-wallets; bank transfers may take 2-5 days. IG charges a $10 fee for wire withdrawals under $5,000, while EasyMarkets does not charge for any withdrawal method except expedited options. Belgian traders should consider the minimum deposit and withdrawal fees when choosing.
| Islamic Account Feature | EasyMarkets | IG |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Belgian Muslim traders seeking Sharia-compliant accounts can turn to both brokers. EasyMarkets offers swap-free accounts on request, replacing interest with a fixed administrative fee if positions are held beyond a specific period (usually 10 days). IG also provides Islamic accounts for eligible clients, including those in Belgium, with similar no-swap conditions. However, IG’s Islamic accounts may have limited access to some instruments like cryptocurrency CFDs due to regulatory restrictions. Traders must open a standard account first, then request conversion. Both brokers require proof of Muslim faith or residency in a Muslim-majority country (though Belgium is not considered one). In practice, both offer the service, but EasyMarkets is more straightforward in its approval process for Belgian traders.
| Support Feature | EasyMarkets | IG | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
EasyMarkets offers customer support 24/5 via live chat, email, and phone with Dutch and French language options—important for Belgian traders. IG provides 24/5 phone and live chat support, also in multiple languages including Dutch and French. IG’s support is generally faster and more knowledgeable for complex trading inquiries. Both have extensive FAQ sections. For Belgian traders, IG’s local European office in Dublin ensures quick response times, while EasyMarkets’ support is based in Cyprus. Overall, IG has a slight edge in multilingual availability and depth of support.
| Mobile Feature | EasyMarkets | IG | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | EasyMarkets |
| Google Play rating | 4.3 stars | 4.2 stars | EasyMarkets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✓ | IG |
| Resource | EasyMarkets | IG | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose IG if you...
For Belgian retail traders, IG is the stronger overall choice with a higher rating (4.2 vs 3.4) due to superior spreads, platform diversity, and regulatory depth. The ability to use Bank Transfer, Skrill, Neteller, and USDT TRC20 for deposits gives both brokers flexibility, but IG’s execution, research tools, and lower costs benefit active traders. EasyMarkets remains a solid option for newcomers or those who prioritize simplicity and fixed pricing. However, given the strict ESMA leverage limits for Belgium (max 30:1), IG’s wider product range and educational support help traders maximize their capital. Ultimately, the decision depends on your trading style: if you are a beginner, start with EasyMarkets; if you are ready to grow, IG is the long-term solution, and both are fully compliant with the local FSMA regulator.