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Bolero vs Sarwa: fees, markets and protection
Facts for both companies from their official pages; each was checked on the date shown in its review.
Facts verified on October 18, 2026
Key differences
- Only Bolero lists Euronext, Xetra (Deutsche Börse), and Toronto Stock Exchange.
- Only Bolero is licensed by FSMA.
- Only Sarwa is licensed by FSRA (ADGM).
Side by side
| Criterion | | |
|---|---|---|
| Rating | ||
| Regulators | FSMA | FSRA (ADGM) |
| Minimum deposit | No minimum | $500 |
| Markets | Euronext, Xetra (Deutsche Börse), US exchanges (NYSE, Nasdaq), Toronto Stock Exchange | US exchanges (NYSE, Nasdaq) |
| Products | stocks, ETFs, bonds, options, funds | stocks, ETFs, fractional shares |
| Investor protection | Fonds de garantie des services financiers (dépôts), Fonds de garantie des services financiers (instruments financiers) | — |
| Deposits and withdrawals | Bank transfer | Bank transfer |
| Available only in | Belgium | — |
| Founded | 1999 | — |
| Headquarters | Belgium | — |
| US stock or ETF order | — | 0.25% of the order, minimum $1 |
| Read review | Read review |
Frequently asked questions
What is the minimum deposit at Bolero and Sarwa?
Bolero: €0. Sarwa: $500.
Which regulators license Bolero and Sarwa?
Bolero is licensed by FSMA; Sarwa by FSRA (ADGM).
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