Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Best Netherlands Trading Platforms

Written by Miro Nikolov
Miro Nikolov is the co-founder of TradingPedia.com and BestBrokers.com. His mission is to help people make profitable investments by giving them access to educational resources and analytics tools.
, | Updated:

The Best Netherlands Brokers Our team of expert traders has tested several regulated and trustworthy Dutch trading platforms and compiled a top list of the best. Each trading platform operating in the Netherlands received a quality score based on several factors, including its Trustpilot rating, regulation, fees and commissions, available trading platforms, customer service, and more.

Online trading is legal in the Netherlands but requires authorization from the Authority for the Financial Markets (AFM), which regulates all financial service providers operating on Dutch soil. As a member state of the EU, the country has also adopted the European passporting regime that enables financial companies to serve Dutch customers with licenses issued by other European regulators like the Cyprus Securities and Exchange Commission (CySEC). Because of this, most of the regulatory requirements imposed by the AFM overlap with those enforced in the EU under the Markets in Financial Instruments Directive of 2014.

Dutch traders face no shortage of licensed brokerage firms that adhere to the EU’s financial regulatory framework. Trading in all major asset groups is legal in the country, including Forex, stocks, indices, ETFs, bonds, and commodities. Traders from the Netherlands can speculate on price changes through contracts for difference (CFDs) and have access to maximum leverage capped at 1:30. Retail investors residing on Dutch soil benefit from negative balance protection and other risk-management policies that prevent them from slipping into debt.

On this page, we cover all there is to know about online trading in the Netherlands, including regulations, the payment methods suitable for Dutch traders, and supported trading platforms. Let’s examine the ten best brokers that cater to traders from the country before we delve deeper into trading regulations in the Netherlands.
Important: While the Dutch market is tightly regulated, always verify that your broker’s license is current and that it offers segregated accounts, negative balance protection, and leverage limits suited to your experience level. These safeguards, mandated by the AFM and ESMA, protect retail traders from excessive risk. If a firm cannot readily provide up-to-date regulatory documentation, treat that as a red flag and look for another provider.
Regulators
  • Dutch Authority for the Financial Markets (AFM)
  • European Securities and Markets Authority (ESMA)
Forex Trading Leverage
  • 1:30 for major pairs
  • 1:20 for non-major currency pairs
Stock Trading Leverage1:5 for shares
CFD Trading Leverage1:30

Best Netherlands Brokers

The Best Netherlands BrokersOnline trading is a popular activity in the Netherlands, with many regulated brokers accepting clients from the country. We created the following ranking to assist Dutch traders in finding the best brokers operating on the local market. Our top-ten picks are based on several important criteria, including trading costs, range of available products, supported platforms, and overall reputation. We also ensured all recommended brokers are properly regulated and maintain the highest standards of compliance.

Trading Regulation in the Netherlands

Trading Regulation in the NetherlandsThe financial services sector in the Netherlands is overseen by the Dutch Authority for the Financial Markets (AFM), which took over the regulatory responsibilities of the Securities Board of the Netherlands in 2002. The AFM carries out several important functions, starting with the authorization and supervision of all financial service providers operating in the country. It oversees a range of financial products, including loans, investments, insurance, and savings.

It issues licenses to online brokers, monitors for breaches, and imposes sanctions for non-compliance with its regulatory requirements. The watchdog strives to promote confidence in the local financial markets by ensuring they operate smoothly, transparently, and fairly.

It protects the best interests of local investors and operates in conjunction with the Dutch Central Bank (DNB), which is tasked with the implementation of monetary policies and the prudential regulation of financial institutions in the country. Since the Netherlands is part of the European Union, the AFM is a member of the European Securities and Markets Authority (ESMA).

The Dutch regulatory framework largely aligns with the requirements set forth by ESMA under the Markets in Financial Instruments Directive 2014 (MiFID II). MiFID II applies to all brokers operating on EU soil, strengthening consumer protection and increasing market transparency across the Union.

Forex Trading Regulation in the Netherlands

Forex Trading Regulation in the NetherlandsForex brokers must satisfy various requirements to operate legally in the Netherlands. To begin with, they must obtain valid operating licenses from the AFM or another financial regulator with supervisory powers in a member state of the European Union. Companies licensed within the EU have ‘European passports’ that enable them to serve Dutch residents without additional authorization. Forex brokers that lack authorization in the EU are generally prohibited from catering to traders based in the Netherlands. Regulated brokerage firms must present periodic financial reports to the Dutch regulator.

The reports must contain comprehensive information about the companies’ products and their revenue. This enables the AFM to adequately monitor their financial performance and ascertain that licensed brokers are not engaging in unethical practices or fraudulent activities. If a company’s issued capital grows or declines by 1% or more within any given quarter, these changes must be reported to the regulator without delay. This requirement enables the watchdog to weed out brokers that experience liquidity issues.

Speaking of which, Forex brokers must satisfy certain minimum capital requirements to obtain operating licenses in the Netherlands. The firms must also have a physical presence in the country and set up registered offices there. Licensed Forex brokers must separate their operating capital from customer funds. They are required to store client money in segregated accounts at reputable first-tier banks.

Stock Trading Regulation in the Netherlands

Stocks Trading Regulation in the NetherlandsThe AFM has the mandate to regulate stock trading in the Netherlands and oversees the operations of Euronext Amsterdam, regarded as the oldest stock exchange in the world. Euronext has branches in several other European capitals, including Paris, Dublin, Oslo, Lisbon, Brussels, and Milan. It is the largest stock exchange in Europe in terms of liquidity pool and market capitalization (€6.3 trillion as of 2022).

The Dutch financial regulator monitors the conduct of all publicly listed companies on Euronext Amsterdam and approves their prospectuses. It keeps a close watch for unethical practices like insider trading that undermine the integrity of the local stock market. Companies that pursue listing on Euronext Amsterdam must satisfy certain initial listing requirements and have their prospectuses approved upfront by the Dutch watchdog or another relevant financial regulator.

There are no minimum market-cap requirements, but interested companies must have at least 25% of their shares in free float to gain approval. Lower free-float percentages may be considered if a company has sufficient shares to ensure adequate liquidity. The bare minimum is set at 5% and must correspond to €5 million or more in free-float shares available for public trading. Additionally, applicants for Euronext Amsterdam listing must provide audited financial statements for the past three years.

Both the AFM and ESMA strictly prohibit naked short selling in stock trading. Also known as ‘naked shorting’, this practice is illegal in many countries because it involves selling shares that have not been positively confirmed to exist. It depresses stock prices and erodes market integrity.

Other than that, residents of the Netherlands can legally participate in stock trading as long as they do so with a properly licensed broker. They can purchase shares on the spot market and earn dividends from them. Speculating on stock prices through contracts for difference is also possible. The maximum leverage Dutch traders can use in this case is capped at 1:5 under ESMA’s requirements.

CFD Trading Regulation in the Netherlands

CFDs Trading Regulation in the NetherlandsContracts for difference (CFDs) are high-risk derivatives that enable traders to speculate on price movements without purchasing the underlying assets. They are characterized by the use of leverage, which enables traders to gain greater market exposure by putting up only a small initial investment called ‘margin’. Traders who use leverage essentially borrow money from their brokers to open larger positions than they can afford upfront. Leverage can magnify profits but can also result in devastating losses when market volatility picks up.

Because of this, the AFM imposes various restrictions on CFD trading, which largely overlap with the requirements outlined in MiFID II. CFD brokers operating on the Dutch market must enforce specific leverage caps to mitigate the risks associated with margin trading. The maximum leverage retail traders can use depends on the volatility of the underlying asset. Retail traders from the Netherlands can leverage their positions at the following ratios:

  • 1:30 (3.33% initial margin) for major Forex pairs like EUR/USD and GBP/USD
  • 1:20 (5% margin) for minor and exotic pairs, major equity indices, and gold
  • 1:10 (10% margin) for other commodities and equity indices
  • 1:5 (20% margin) for stocks
  • 1:2 (50% margin) for cryptocurrencies

Clients who qualify as professional traders have access to significantly higher leverage ratios. In addition to imposing leverage restrictions, CFD brokers operating in the Netherlands must provide automatic margin close-out protection to all retail customers. If a client lacks sufficient balance to cover their margin, the broker must send a margin call prompting them to replenish the account or close the losing position. If the trader does neither in due time, the position will be closed automatically.

The AFM and ESMA require that CFD brokers provide negative balance protection to customers who trade on margin. This policy prevents inexperienced clients from slipping into debt and losing more money than they have available during periods of high market volatility. When negative balance protection is in place, a trader’s balance resets to zero rather than going into the red. This safeguard applies only to retail clients; professional traders cannot claim it.

Finally, CFD brokers must publish risk disclosures on their websites to warn clients about the financial risks associated with margin trading and leverage. These warnings should be legible and posted in prominent places. The disclosures must also inform potential customers about the percentage of retail investor accounts that lose money when trading CFDs with the respective broker.

Offering promotional incentives that encourage retail clients to participate in CFD trading is also restricted in the Netherlands. In July 2017, the country introduced a ban on advertising high-risk derivatives, including contracts for difference.

The Netherlands Trading Regulation FAQ

1. Is trading with binary options legal in the Netherlands?

Marketing, distributing, and selling binary options to retail traders are strictly prohibited in the Netherlands. The ban came into effect in April 2019 and applies to all investment firms registered in the country. The prohibition also extends to investment companies based in other EU member states that serve Dutch customers under the European passporting framework. The AFM cited the high risk inherent in binary options trading as the reason for its decision to enforce the ban.

2. Can I legally trade with cryptocurrencies in the Netherlands?

Cryptocurrency trading is legal in the country, as there is currently no legislation expressly prohibiting such transactions. That said, cryptocurrencies are not legal tender in the Netherlands and therefore do not serve the role of fiat money. Cryptocurrency exchanges must register with the Dutch Central Bank (DNB) to legally provide their services within the country, and brokers that facilitate cryptocurrency trading are required to obtain an AFM or EU license.

3. Are brokers necessarily required to obtain AFM licenses to legally service Dutch traders?

Trading with AFM-licensed brokers is highly recommended, but not obligatory. The European passporting regime enables all investment firms that hold licenses issued in EU member states to legally serve customers based in the Netherlands. Many brokers operate legally in the Dutch market with permits granted by the Cyprus Securities and Exchange Commission (CySEC), which hold weight throughout the EU and the EEA. We recommend that you check the official licensee registers of the AFM and ESMA before opening a live account with any broker.

4. Are Dutch traders entitled to compensation if their brokers file for bankruptcy?

Dutch traders are entitled to financial restitution under the provisions of Directive 97/9/EC, issued by the European Parliament in March 1997. Investors may receive compensation in the event of fraud, operational errors, or insolvency, but losses resulting from poor financial decisions or investment risk are not covered by the Directive. For example, a stock trader cannot claim compensation if they purchase shares whose value later depreciates. Under Article 4, each investor must receive at least €20,000 in compensation.

5. Can Dutch residents legally trade with turbos?

Turbos are similar to contracts for difference in that they enable traders to speculate on rising and declining prices without buying the underlying assets. The chief difference between the two is that turbos have an embedded stop-loss level that causes them to automatically expire once reached. Traders cover all associated costs upfront and cannot lose more than their original outlay.To answer the initial question, turbos are legal in the Netherlands, but the AFM imposes various restrictions on them in an attempt to protect retail investors. These restrictions generally overlap with those applicable to CFDs and include a leverage cap, prohibitions on promotional incentives that encourage turbo trading, and standardized risk warnings. To our knowledge, the maximum leverage turbo traders can use ranges from 1:30 to 1:5, depending on the type of underlying asset.

Funding and Withdrawing from Dutch Trading Accounts

Funding and Withdrawing from Dutch Trading AccountDutch-friendly brokers offer a varied assortment of funding and withdrawal methods, including digital wallets, credit/debit cards, online banking processors, and conventional bank transfers. Traders from the Netherlands incur no conversion fees, as all brokers operating on the local market support the euro as a base account currency.

Clients can manage their live balances easily and securely while knowing their funds are stored in top-tier banks. Below is a complete breakdown of all common payment methods available to Dutch traders, along with their average processing timeframes and fees.

Depositing to Dutch Trading Accounts

DepositingDutch-friendly trading sites accommodate their clients with a broad range of deposit methods, starting with credit and debit cards by Visa, Mastercard, Visa Electron, and Maestro. Cards are the preferred method for traders looking for low transaction costs, efficiency, and security. Most Dutch-friendly brokers waive their minimum deposit requirements, allowing traders to start with an amount they feel comfortable with. When deposit requirements are in place, however, the minimums are normally set at €5 or €10.

Digital wallets are a viable alternative for clients reluctant to use their cards for online trading transactions. E-wallet brands like PayPal, Skrill, Neteller, and WebMoney are commonly available to traders from the country. They accommodate seamless and secure deposits without requiring users to share their banking information with the payees. The only inconvenience stems from the fact that you must sign up for an e-wallet account and then top it up with another supported payment method.

Dutch traders can alternatively deposit via locally available online banking processors like iDEAL or Trustly. Transactions with these methods are conducted within the secure online banking environment of participating banks. iDEAL, in particular, is available exclusively to Dutch customers subscribed to the online banking services of ASN Bank, Bunq, Van Lanschot, Rabobank, RegioBank, Knab, Triodos Bank, SNS, and ING.

Standard bank transfers are accepted for deposits as well but are less time-efficient and often incur additional processing fees. The exact costs are bank-specific. As for the processing timeframe, bank transfers usually require up to five business days to complete. Whether you are initiating a domestic or international transfer also impacts the processing timeframes. The timeframe can extend to seven days for international transfers.

Whichever method you choose, make sure it is registered in your own name, as regulated brokers disallow third-party payments in line with the AFM’s anti-money-laundering requirements. There is no reason for concern when it comes to safety, as all banking information is encrypted in transit via SSL.

Common deposit methods offered by Dutch-friendly brokers
Type of MethodUsual Limits per TransactionProcessing TimeframesProcessing Fees
Credit and Debit Cards€0-€10InstantFree
Digital Wallets€0-€10InstantFree
Online Banking€0-€10InstantFree
Bank Transfers€0-€1001 to 5 working daysIntermediary bank charges may apply

Withdrawing from Dutch Trading Accounts

WithdrawingThe withdrawal methods supported by Dutch-friendly online brokers mostly coincide with those available for account funding. Traders usually have their withdrawals returned to the same payment method they used for deposits. If a method is unsupported for withdrawals, the trader can choose an alternative solution and complete additional verification checks.

Another thing to keep in mind is that most brokers authorized to operate on Dutch soil tend to process withdrawal requests on weekdays only. Traders will experience delays if they send their requests during weekends or bank holidays. With that in mind, e-wallet withdrawals offer the most speed, as they normally take no more than a couple of working days to complete. Withdrawals to wallets like Skrill, Neteller, and PayPal are usually processed free of charge, with minimum cashable amounts starting at €10.

Mastercard- and Visa-branded debit/credit cards receive broad support across most Dutch-friendly trading sites. Brokers typically waive additional transactional costs for card withdrawals, but waiting times can extend to five business days. Online banking processors like Trustly are sometimes available for withdrawals, offering greater flexibility, as brokers generally release the funds within a couple of working days.

Bank transfers are the least time-efficient way to cash out from your online trading account. Dutch customers can expect their funds after three to seven business days. Bear in mind that bank transfers are often associated with higher costs since intermediary bank charges sometimes apply. Also, the minimum withdrawable amounts are higher compared with other supported methods.

Common withdrawal methods offered by Dutch-friendly brokers
Type of MethodUsual Limits per TransactionProcessing TimeframesProcessing Fees
Credit and Debit Cards€103 to 5 working daysFree
Digital Wallets€5-€101 to 2 working daysFree
Online Banking€101 to 2 working daysFree
Bank Transfers€50-€1003 to 7 working daysIntermediary bank charges may apply

The Netherlands Trading Platforms

The Netherlands Trading PlatformsDutch-friendly trading sites enable their customers to stay on top of the financial markets whether they are on the go or sitting at their desks. Clients have access to popular third-party platforms like MetaTrader 4, MetaTrader 5, and TradingView, which can accommodate traders of all experience levels. Brokers that facilitate social trading tend to work with platforms like ZuluTrade, cTrader, and DupliTrade. Others prefer proprietary platforms built in-house to address the unique needs of their customers. The only downside of using proprietary software is that it takes more time to master, as each in-house platform has a unique interface and technical specifications.

MetaTrader 4 and MetaTrader 5

MetaTrader 4MetaTrader 4 (MT4) is broadly supported by trading sites licensed to operate in the Netherlands. Released in 2005, it went on to become the most popular electronic trading software in the world. Appropriate for beginners and seasoned investors alike, MT4 is packed with features and resources that enhance users’ trading workflows. The platform facilitates trading on the foreign-exchange markets, although other asset classes like commodities, indices, and equity shares are also tradable through contracts for difference.

It has nine timeframes that range from one minute to one month, but users can also create custom timeframes. This earlier version of the software features most of the standard technical indicators traders might need and a single-thread strategy tester. Trading directly from charts is possible, as is placing orders with a single mouse click. The interface is fully customizable, allowing Dutch traders to tailor their experience to their individual needs.

MetaTrader 5 (MT5) was launched in 2010 as the successor to MT4 and supports a broader range of financial instruments, enabling users to trade futures as well as spot markets. This improved version of the software gives you access to 21 timeframes, 44 graphical objects, and 38 technical indicators. It supports six types of pending orders, including advanced instructions like Immediate-or-Cancel and Fill-or-Kill.

MT5 is a better choice for traders who wish to diversify their portfolios and invest in more asset classes. Both platforms are compatible with portable devices running on iOS and Android. The downloadable desktop version can be installed on computers using Microsoft Windows, Linux, and macOS, although a browser-based alternative is also available at Dutch-friendly brokers.

cTrader

cTraderLaunched in 2010 by Spotware, cTrader is the go-to platform for Dutch traders seeking greater flexibility. It is available in a web format and requires no additional software downloads. The interface is clean and uncluttered, making the platform a perfect fit for rookie traders. Those unfamiliar with how cTrader works can test the demo version of the platform. Traders interested in performing technical analysis can take advantage of various charting tools and have access to numerous technical indicators, including oscillators and trendlines.

Chart types like Renko, Candlestick, and Heikin Ashi are included as well. The platform supports 26 timeframes, ranging from one minute to an entire month. Experienced traders can share their technical analysis and provide novices with valuable insights on price movements by streaming their charts in real time. Stream links can be shared on social media platforms, benefiting all interested traders even if they have no cTrader accounts at affiliated brokers.

Traders can better control their risk with limit, stop, and stop-limit orders. It is worth mentioning that cTrader is a multifunctional web platform, facilitating algorithmic trading as well as copy trading. It supports trading with all asset classes, including Forex, energies, metals, indices, stocks, iShares ETFs, and cryptocurrencies.

TradingView

TradingViewDutch-friendly trading sites like Pepperstone and easyMarkets support TradingView, an intuitive platform that doubles as a social network whose community numbers more than 50 million users worldwide. Various instruments can be traded via the platform, including stocks, crypto, equity indices, currency pairs, futures, and bonds. Skilled investors can share their trading ideas to help shorten novices’ learning curve. The interface is less clunky than that of more advanced platforms like MT5, which makes TradingView ideal for those who have only recently started exploring the financial markets.

Users can seize lucrative opportunities for profit with advanced trading tools like heatmaps, supercharts, and screeners. The economic calendar allows you to track major news releases that can significantly affect price movements and market volatility. Traders can create configurable watchlists to stay on top of all markets they are interested in.

Charting is where TradingView truly shines. The platform provides users with access to more than a dozen configurable chart types, including advanced options like Point & Figure and Kagi. You can open up to eight charts in a single tab and even create your own spreads and custom timeframes.

Performing in-depth market analysis is a breeze with TradingView, as the platform features hundreds of thousands of technical indicators and smart drawing tools. To top it off, TradingView performs effortlessly on smartphones and tablets, boasting an excellent rating of 4.9 out of 5 stars on Google Play and the App Store.

DupliTrade

DupliTradeDupliTrade is a viable alternative for traders from the Netherlands who wish to engage in copy trading. It enables users to fully automate their trades by following experienced strategy providers and replicating their positions in their own portfolios. A trading simulator is built into the platform, allowing new users to back-test different strategies and analyze the past performance of fellow investors. Strategy providers undergo lengthy assessment and auditing procedures to ensure only the most proficient and successful candidates make the cut.

Less-experienced users can shorten their learning curve with algorithmic trading, which is primarily intended for those who trade Forex. Other financial instruments like equity indices, stocks, and hard commodities are also available for algo trading but receive less extensive coverage at DupliTrade. Getting started with the platform is easy—simply set up a free demo account to get acquainted with its features.

We recommend making the most of your time because free demo accounts expire after 30 days. Once you come to grips with how DupliTrade works, you can transition to a live account at your preferred Dutch-friendly broker. Traders with live accounts can connect DupliTrade to their MT4 accounts to trade manually.

The Netherlands Trading FAQ

1. Is forex trading legal in the Netherlands?

Forex trading is legal and heavily regulated in the Netherlands. Companies looking to enter the local market must obtain a license from the AFM or another financial regulator in an EU member state, such as CySEC. Retail traders in the country have access to negative balance protection, compensation schemes, and various risk-management tools that prevent them from falling into debt.

2. Are my funds safe at AFM-licensed online brokers?

You have no reason for concern when trading with brokers regulated by the AFM or another financial watchdog based in the EU. Brokerage firms are required by law to hold their customers’ funds in segregated accounts at first-tier banks. This policy prevents administrative malpractice, such as using clients’ money to cover day-to-day operating expenses. The companies are also expected to meet minimum capital requirements to ensure they have sufficient liquidity to transact with Dutch customers.

3. How can Dutch traders increase their leverage?

The maximum leverage that retail traders based in the Netherlands can use is restricted to 1:30, but this ceiling may be lower depending on the type of asset they trade. CFD traders can legally access higher leverage by applying for professional accounts. Candidates must meet certain eligibility criteria. The most common requirements include having sufficient experience in the financial industry and a financial portfolio valued at half a million euros.

4. How can I find a trustworthy broker that accepts customers from the Netherlands?

Finding a reliable broker that serves traders from the Netherlands is easier than ever - you can simply consult the list of recommendations on this page. We have ensured that only reputable brokerage firms make the cut, and we have carefully vetted each trading site before recommending it. All brokers listed here are regulated and adhere to the highest standards of safety and transparency.

5. Can Dutch traders transact with offshore brokers?

Some online brokers with licenses issued outside the EU accept clients from the Netherlands. Transacting with them is not illegal per se, and Dutch residents do not face prosecution for doing so. The problem with some of these brokerages is that local traders lack legal recourse if the companies become insolvent. Such brokers often offer significantly higher leverage ratios and lack negative balance protection, which can be detrimental to inexperienced retail traders.