MeDirect Review for Belgian Investors

📅 Last updated: 8 May 2026
 ·  🏷 Topic: MeDirect, ETF, broker review
 ·  🇧🇪 For: Belgian retail investors

MeDirect is a Belgian bank (MeDirect Bank SA), incorporated under Belgian law. Since 10 September 2025, MeDirect is part of the CREDITAS Group — a Czech privately-owned banking group (Banka CREDITAS a.s.) that acquired MDB Group Limited, the holding company of both MeDirect Bank (Malta) plc and MeDirect Bank SA Belgium. Active in Belgium since 2015 with its own FSMA licence, with a strong focus on ETF investing and low fees.

Key facts

• Type: Belgian bank (MeDirect Bank SA); part of the Czech CREDITAS Group since 10 September 2025 (MeDirect Bank Malta plc is now a sister entity within the same group).
• Regulation: FSMA + NBB (Belgian bank under Belgian law); part of a group also subject to ECB SSM supervision.
• Protection scheme: Belgian (€100k cash + €20k securities)
• Interface: NL + FR + EN
• Mobile app: yes
• Specialty: ETF platform — all ETFs commission-free (permanent, unrestricted; all exchanges, any time, no plan required; effective 26 August 2025).

Fee structure

MeDirect’s strong point:

• All ETF transactions commission-free — permanent, unlimited, across all exchanges and at any time, with no plan requirement. Introduced on 26 August 2025 (MeDirect official tariff document).
• For individual stocks: 0.15% per transaction, minimum €7 EUR on European exchanges (Euronext Brussels/Amsterdam/Paris, Xetra, Borsa Italiana, etc.); minimum $7 USD on US exchanges. No tiered schedule by order size.
• Dormant account fee: 10% of assets held at MeDirect, maximum €200 (general banking fees — see the official tariff sheet).

Always verify current pricing on MeDirect’s official tariff document and at medirect.be.

Tax handling

No NBB declaration required — Belgian bank.

Strengths

• All ETFs commission-free (since August 2025, no plan required) — one of the lowest-cost Belgian options for ETF investing.
• Monthly investing programmes — automatic monthly contributions to the desired ETF.
• Belgian tax handling — comparable to Bolero and Keytrade.
• NL/FR/EN interface.
• Strong savings account — often higher interest rates than the large Belgian banks.

Weaknesses

• More limited market access than Saxo or IBKR.
• No extremely advanced tools for active traders.
• Sometimes longer waiting times with customer support during peak moments.

Who is it suitable for?

• ✅ Long-term ETF investor with monthly contributions
• ✅ Anyone wanting a specific ETF list without paying commissions
• ✅ Anyone wanting Belgian tax handling
• ✅ English/French-speaking expats

Not for:

• ❌ Active traders with daily transactions
• ❌ Anyone needing very advanced charting tools
• ❌ Anyone needing to trade internationally from Hong Kong to New York

Practical: getting started

1. Online registration via medirect.be (~15 min).
2. ID verification via itsme® or upload.
3. MiFID II questionnaire.
4. Two options:
   – Manual investing — choose each purchase yourself
   – Monthly investing plan — automatic monthly contributions to a chosen ETF (commission-free for the specific list)

Comparison with Bolero/Keytrade

💡 For anyone deliberately choosing ETF investing with no need for individual stock trading: MeDirect is possibly the most tax- and cost-efficient Belgian option. For anyone also actively wanting individual stocks: Bolero or Keytrade often better.

🔗 See Bolero vs Keytrade vs DEGIRO (NL) and Investing in Belgium (NL).

Sources

1. MeDirect — Official site
2. FSMA — MeDirect Bank register
3. Curvo — MeDirect review