TOP 5 Binary Options Brokers in Belgium
If you live in Belgium and are looking for the best binary options broker, you’ve come to the right place. In this article, we will introduce you to recommended brokers that accept clients from this country. By opening an account with one of the recommended brokers, you can be sure that you will not be scammed. Below you will find detailed information on each broker listed.
TOP 5 Binary Options Brokers | ||
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As you can see, the choice of brokers is very large. If you are looking for the best broker with a modern platform and a great application available for Android and iOS, choose Pocket Option. If you want to try trading signals, choose Quotex. And if you are looking for a broker that offers a lightweight platform and a low minimum deposit, choose IQcent. Below you will find more information about each of the listed brokers.
Pocket Option

Pocket Option is the most feature-rich platform currently available on the market. If you want to try copying other traders or feel like testing trading signals, you will find it all on the Pocket Option platform. The broker offers very attractive returns of up to 97%. The offer mainly includes forex assets, but also shares and ETFs. The platform is regulated by the IFMRRC, which means that the deposit you make is completely safe. If you are looking for an advanced yet easy-to-use platform, choose Pocket Option.
- Minimum deposit – $5
- Minimum investment – $1
- Demo account – Yes
- Bonus – Yes
- Copy Trading – Yes
- Signals – Yes
- Tournaments – Yes
- Assets – Forex, Stocks, Crypto, ETFs
- Regulation – IFMRRC
Note: Pocket Option is legal in Belgium.
Quotex

Quotex is a young platform that was created only in 2020 and gained popularity thanks to its extremely attractive investment conditions. You can start your adventure with binary options with a minimum deposit of $10. The broker offers attractive returns of up to 90%. The disadvantage of the platform is the lack of regulation and the lack of an application for iOS smartphones. If you are looking for a broker with a low initial deposit, check out Quotex.
- Minimum deposit – $10
- Minimum investment – $1
- Demo account – Yes
- Bonus – Yes
- Copy Trading – No
- Signals – Yes
- Tournaments – No
- Assets – Forex, Stocks, Crypto, ETFs
- Regulation – None
Note: Quotex is no longer legal in Belgium. Try Pocket Option instead.
IQcent

IQcent is a minimalist platform that offers the ability to copy traders and trading signals. Unfortunately, the broker does not have a very wide range of assets and you will only find forex here. Additionally, there are not many analytical tools on the platform that can help with technical analysis. The minimum deposit with this broker is $20, which was small a few years ago. Currently, other brokers have a better offer. If you are looking for a broker with a minimalist and light platform, choose IQcent.
- Minimum deposit – $20
- Minimum investment – $0.1
- Demo account – Yes
- Bonus – Yes
- Copy Trading – Yes
- Signals – Yes
- Tournaments – Yes
- Assets – Forex
- Regulation – None
Note: IQcent is legal in Belgium.
BinaryCent

BinaryCent belongs to the same owner as IQcent. The difference lies only in the graphic design and offer. You can start investing with this broker with an amount of $250, which is a lot by market standards. In addition, you will find copying traders and tournaments here. If you are looking for a broker that offers big bonuses, choose BinaryCent.
- Minimum deposit – $250
- Minimum investment – $0.1
- Demo account – Yes
- Bonus – Yes
- Copy Trading – Yes
- Signals – Yes
- Tournaments – Yes
- Assets – Forex
- Regulation – None
Note: BinaryCent is legal in Belgium.
RaceOption

If the preview photo of the platform reminds you of something, you’re right. RaceOption has the same owner as IQcent and BinaryCent. It is actually a copy of BinaryCent with the same offer and investment conditions. You will find much better brokers on our list. The only difference is the light color of the graphic design. Choose this broker only as a last resort.
- Minimum deposit – $250
- Minimum investment – $0.1
- Demo account – Yes
- Bonus – Yes
- Copy Trading – Yes
- Signals – Yes
- Tournaments – Yes
- Assets – Forex
- Regulation – None
Note: RaceOption is legal in Belgium.
Are binary options legal in Belgium?
When it comes to binary options trading in Belgium, the regulatory environment has undergone significant changes. The European Securities and Markets Authority (ESMA) has banned binary options within the EU due to investor protection concerns. As a result, only offshore brokers are available for Belgian traders looking to engage in this type of trading.
While ESMA’s ban aims to protect investors from potential risks associated with binary options, it also limits access to regulated platforms within the EU. This restriction pushes traders towards offshore brokers that may not have the same level of oversight or consumer protections.
For those considering binary options trading in Belgium, it’s crucial to understand the implications of working with offshore brokers and the importance of conducting thorough research before engaging in any transactions. By staying informed and cautious, traders can navigate this evolving landscape more effectively.
History of binary options trading in Belgium
Belgium has had a complex history with binary options trading. In the past, many brokers operated within the country without strict regulations in place. This led to instances of fraudulent activities and traders losing substantial amounts of money.
As a result, the Financial Services and Markets Authority (FSMA) stepped in to protect investors by banning binary options within Belgium. The European Securities and Markets Authority (ESMA) also imposed restrictions on these financial products across Europe due to their high-risk nature.
Despite these bans and restrictions, some offshore brokers still offer binary options trading services to Belgian residents. However, caution is advised when dealing with these unregulated entities as they may not provide adequate investor protection.
The history of binary options trading in Belgium serves as a reminder of the importance of investor education and regulatory oversight in ensuring fair and transparent financial markets.
Risk of trading binary options
Trading binary options can be enticing due to the potential for high returns in a short period. However, it’s crucial to understand the risks involved before diving in. One of the significant risks is the highly volatile nature of financial markets, which can lead to sudden and substantial losses.
Additionally, binary options often have a very short expiration time, making it challenging to predict market movements accurately. This lack of predictability increases the risk of losing your investment quickly. Moreover, some offshore brokers may not be regulated adequately, exposing traders to potential fraud or unfair practices.
Leverage used in binary options trading can amplify both gains and losses significantly. It’s essential to manage leverage carefully to avoid wiping out your account with just a few trades gone wrong. Understanding these risks is vital for anyone considering trading binary options responsibly and effectively.
Binary Options alternatives
If you’re looking for alternatives to binary options trading in Belgium, there are several options worth exploring. One option is forex trading, where you can trade on the foreign exchange market and speculate on currency price movements. Another alternative is investing in stocks or ETFs, allowing you to buy shares of companies or funds that align with your investment goals.
Cryptocurrency trading is also a popular alternative, offering the opportunity to trade digital currencies like Bitcoin and Ethereum. Additionally, commodities trading allows investors to speculate on the prices of raw materials such as gold, oil, and agricultural products.
Social trading platforms provide another alternative by allowing users to copy trades made by successful traders. This can be a great way for beginners to learn from experienced professionals while potentially earning profits. Exploring these alternatives can help diversify your investment portfolio and mitigate risks associated with binary options trading offshore brokers may offer in Belgium.
Conclusion
While binary options trading is banned in Belgium by ESMA, some traders may still be tempted to explore offshore brokers. However, the risks associated with these unregulated platforms are significant and could result in financial loss. It’s essential for traders to thoroughly research and understand the potential dangers before engaging in any form of binary options trading.
For those seeking alternatives to binary options, traditional stock trading, forex trading, or investing in cryptocurrencies may present safer opportunities for potentially profitable investments. Remember always to prioritize risk management strategies and never invest more than you can afford to lose.
It’s crucial to approach any type of investment with caution and diligence. Being well-informed and making informed decisions will ultimately lead to a more secure financial future.