Keytrade Bank review

Updated September 28, 2026 · BrokerCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Keytrade Bank suits Belgian and European investors who want a bank behind the account and will hold for a while. The account fee is €0 and the minimum deposit is €0, but a stock trade costs €7.50, which is high against the market median.

Key facts

Best for
Investors in Belgium who want a regulated bank account with a free account fee and a managed portfolio option.
Minimum deposit
€0 (Source, checked September 26, 2026)
Stock trade fee
€7.50 (Source, checked September 26, 2026)
Account fee
€0 (Source, checked September 26, 2026)
Inactivity fee
€50 (Source, checked September 26, 2026)
Markets
ETFs, Options, Stocks (Source, checked September 26, 2026)
Legal entity
Keytrade Bank, Belgian branch of Arkea Direct Bank SA (Source, checked September 26, 2026)
Headquarters
Belgium (Source, checked September 26, 2026)
Founded
1998 (Source, checked September 26, 2026)
Support channels
Email, Help-centre, Phone (Source, checked September 26, 2026)
Official website
keytradebank.be

Robo-advisors

Management fee
0.91% (Source, checked September 26, 2026)
Minimum investment
€15,000 (Source, checked September 26, 2026)
Portfolio types
ETF, ESG, Cash (Source, checked September 26, 2026)
Legal entity
Keytrade Bank, Belgian branch of Arkea Direct Bank SA (Source, checked September 26, 2026)
Headquarters
Belgium (Source, checked September 26, 2026)
Founded
1998 (Source, checked September 26, 2026)
Support channels
Email, Help-centre, Phone (Source, checked September 26, 2026)

Apps and profiles

Pros and cons

Pros

  • Account fee of €0, ranked 1 of 138 on that measure
  • Minimum deposit of €0, so you can start small and top up later
  • A managed portfolio in ETF, ESG and cash options with a management fee of 0.91%
  • Support runs on email, help centre and phone

Cons

  • A stock trade costs €7.50, above the market median of €0
  • An inactivity fee of €50 applies on dormant accounts
  • The managed portfolio needs a minimum investment of €15,000
Keytrade Bank

Ready to try Keytrade Bank?

Scored 9.1 / 10 by BrokerCue.

Who it suits

  • Investors in Belgium and Europe who want their brokerage account held by a bank
  • Long term holders who pay a trade fee in exchange for a fee free account
  • Savers with enough capital to meet the €15,000 minimum for managed portfolios

Who should look elsewhere

  • Frequent traders, since a stock trade costs €7.50 against a market median of €0
  • Anyone starting with small sums who wants a managed portfolio, because the minimum investment is €15,000
  • eToro buyers, who pay a stock trade fee of $0

How Keytrade Bank compares

Frequently asked questions

What does it cost to open an account at Keytrade Bank?+

The account fee is €0, which ranks 1 of 138 brands on that measure. The minimum deposit is €0, so there is no floor on how much you transfer in. You can open an account and add money as you go.

How much does Keytrade Bank charge per trade?+

A stock trade costs €7.50. That is well above the market median of €0 and the upper quartile of €0.95. The account is better suited to fewer, longer holdings than to frequent trading.

Is there a fee if my account sits idle?+

Yes. An inactivity fee of €50 applies to dormant accounts. That is the main ongoing cost to watch if you stop trading, and it sits above the site median of €0.

What can I trade on Keytrade Bank?+

The available markets are etfs, options and stocks. So you can hold stocks, ETFs and options in the same account, which covers a simple long term portfolio as well as some options exposure.

Does Keytrade Bank offer a managed portfolio?+

Yes, with a management fee of 0.91% and a minimum investment of €15,000. The portfolio options are etf, esg and cash, so a managed mandate is aimed at larger balances rather than small starter sums.

Where is Keytrade Bank based and what entity runs the account?+

It is based in Belgium and was founded in 1998. The legal entity is Keytrade Bank, Belgian branch of Arkea Direct Bank SA, so the account sits with a bank rather than a standalone brokerage.

How do I get help if something goes wrong?+

Support runs on email, help centre and phone, so you can reach the bank by phone or email, or work through the help centre. Phone and email are both listed, which suits questions about transfers or account documents.

How likely are retail accounts here to lose money?+

Retail accounts that lose money run at 70.15% across the market, within a range of 40.3% to 88%. That is a market wide figure, not a Keytrade Bank result, and it applies mainly to leveraged trading.

Sources

  • curvo.eu/article/keytrade-review checked September 26, 2026

    Backs: Account fee, Founded, Inactivity fee, Markets, Minimum deposit, Stock trade fee

    “there's no membership fee”

  • keytradebank.be/en/investing/keyprivate checked September 26, 2026

    Backs: Management fee, Minimum investment, Portfolio types

    “This fee amounts to 0.91% per year, including VAT and transaction costs”

  • keytradebank.be/en/legal-information checked September 26, 2026

    Backs: Headquarters, Legal entity, Support channels

    “Belgian branch of Arkea Direct Bank SA (France)”

Compiled from 3 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Regulators, Investor protection, Retail accounts that lose money.

Keytrade Bank

Keytrade Bank

Investors in Belgium who want a regulated bank account with a free account fee and a managed portfolio option.

9.1/10See alternatives