What are the best brokers for investors in Belgium?
Which ones are the cheapest?
Which ones are the safest?
Which ones handle all Belgian taxes?
Which ones are the easiest to use?
In this episode, we analyse and compare the 12 main brokers used by investors in Belgium, so that you can pick the best one.
We cover the following brokers: Bolero, Degiro, Keytrade, Saxo, Re=Bel, Mexem, MeDirect, ING Self Invest, Lynx, Trade Republic, Bux and Interactive Brokers.
Over the past 13 years investing in the stock market, I’ve changed brokers several times. And because I have a portfolio of index funds of over 1 million euros, it’s important for me to pick the best one.
I have also helped thousands of investors (from very beginners to advanced) select their brokers. To do so, I’ve developed a comprehensive research and comparison framework, which we explain in this episode. For this 2025 version, Toon and I have spent 3 months reviewing all brokers information, emailing them and calling them to fill the gaps.
It’s a ton of work. Huge thanks to Toon for doing the heavy lifting for this 2025 update.
The FIRE Belgium Broker Comparison Table used to be for the participants of the Index Investing Online Course only, but I’m making it available for free so that everyone can benefit from the research. I also hope this will help brokers improve their services over time.
If you find this helpful, please subscribe, hit the like button and share the episode (or this email) with a friend. They’ll thank you later.
To get the full value of this episode, make sure to download the full FIRE Belgium Broker Comparison Table for free on the FIRE Belgium website: http://firebelgium.com/brokers
What’s next?
Brokers are an important part of index investing. But it's only one part of the system you need to setup.
You also need to understand taxes, pick the right ETFs, determine your asset allocation
build your personal investment plan, and then figure out all the practical stuff.
It can feel overwhelming.
And to help you I invite you to watch the Free Workshop on the FIRE Belgium website:
How to Build Wealth on Autopilot: Evidence-based Investing, optimized for Belgian taxes.
In the workshop you will learn:
How to invest to get better results than banks and professional fund managers – while doing 0.1% of the work and paying 10 times less. Proven by 50 years of academic research.
How to minimize Belgian investment taxes and optimize returns
How to invest well with 100 euros (you don’t need much to get started!) in less than 5 minutes a month
How to get started with index investing in Belgium in just a few weeks – my practical roadmap to learn everything you need to know and start investing with confidence.
Watch the workshop on demand at http://firebelgium.com/investingworkshop
And if you want quick responses to your questions, Toon (who is the special guest on this episode) and myself are also available for 1-on-1 consultation calls. You will find those details on http://firebelgium.com/1on1
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Learn about Financial Independence in Belgium: https://firebelgium.com