Forex Brokers in Germany


Forex brokers in Germany are regulated by BaFin, a national financial regulator which is known as Bundesanstalt für Finanzdienstleistungsaufsicht. BaFin a highly respected and experienced regulator in Europe, which also oversees the broader financial industry, including insurance companies, banks, and other financial service providers.

Forex brokers in Germany mainly serve local German forex traders only. However, a forex broker is not required to be regulated by BaFin to offer its services in Germany. As an EU country, Germany also recognizes forex broker licenses from any other EU member state. Therefore, some forex brokers with no BaFin regulation are still able to serve the German traders.

Broker Regulation Max Leverage Min Deposit General Rating
FXCM
Germany
1999
ASIC 309763
CONSOB (Italy), 76
CySEC, 392/20
DMCC (Dubai), 31171
FCA (UK), 217689
ISA (Israel), 2
SFC (Hong Kong), AIM232
ESMA
1:400 $1 Review
24option
Germany
2009
IFSC (Belize) 000319/38
1:400 $100 Review
OANDA
Germany
1995
CFTC/NFA 0325821
FCA (UK), 54257
FSA (Japan), 1571
FSC (BVI), SIBA/L/20/1130
Kanto Local Finance Bureau (Japan), 2137
MFSA, 18.12.2020
1:50 $1 Review
GKFX
Germany
2009
ASIC, 424122
BaFin 130602
CONSOB (Italy), 2915
Czech National Bank, 256/2004
DMCC (Dubai), 32142
FCA (UK), 501320
Finansinspektionen (Sweden), 556873-1326
SFC (Hong Kong), AZJ874
ESMA
1:30 $200 Review
FXFlat
Germany
1997
BaFin, 148415
1:400 $200 Review
CMC Markets
Germany
1989
BaFin, 154814
FCA (UK) 173730
1:500 $1 Review
BDSwiss
Germany
2012
BaFin, HRB 160749B
CFTC/NFA, 0486419
CySEC 199/13
FSA (Seychelles), SD047
FSC (Mauritius), C116016172
1:400 $100 Review
XTB
Germany
2002
CNMV (Spain) 40
Czech National Bank, 56720
FCA (UK), 522157
FSA (Poland), 0000217580
IFSC (Belize), IFSC/60/413/TS/19
ESMA
1:30 $1 Review
IG
Germany
1974
CFTC/NFA, 0509630
FCA (UK), 195355
1:50 $1 Review
FIBOGroup
Germany
1998
CySEC, 118/10
FSC (BVI) SIBA/L/14/1063
1:1000 $1 Review
Grand Capital
Germany
2006
FFMS 1204
The Financial Commission, 15.01.2016
1:500 $10 Review
GBE brokers
Germany
2013
CySEC, 240/14
1:30 $500 Review
JFD Bank
Germany
2011
BaFin, 120056
CySEC, 150/11
1:400 $500 Review
ayondo
Germany
2008
None 1:200 $100 Review
NAGA
Germany
2015
CySEC, 204/13
1:500 $250 Review
EuropeFX
Germany
2014
CNMV (Spain), 4065
CONSOB (Italy) 4071
CySEC, 258/14
Finansinspektionen (Sweden), 38431
ESMA
1:30 $1000 Review
AvaTrade
Germany
2006
ASIC, 406668
Central Bank of Ireland C53877
Financial Futures Association (Japan), 1574
Financial Services Regulatory Authority (Abu Dhabi), 190018
FSA (Japan), 1662
FSC (BVI), 2013-07-30
FSCA (South Africa), 45984
IS
1:400 $100 Review
Admirals
Germany
2001
ASIC, 28381
CySEC, 201/13
FCA (UK), 595450
FSA (Estonia) 10932555
FSA (Seychelles), 8426894-1
1:500 $100 Review



If you are interested to open an account in one of the brokers in the list above, make sure to try the forex demo account before proceeding to register in the live account.




FAQ

What is the best forex broker in Germany?

Finding the best forex broker in Germany is not much different from choosing the right broker in general. Aside from making sure that the forex broker is available for client registration from Germany, you need to check its regulation, minimum deposit, spread, leverage, payment methods, and other trading-related aspects that may affect your strategy. Furthermore, make sure that the broker has a good credibility and reliable customer support.


Where can I trade forex in Germany?

The list in this page can be a good reference if you look to trade with in Germany. We have sorted specific forex brokers that accept clients from Germany, so you can choose one of the brokers by comparing their minimum deposit, regulation, leverage, and rating. If you are interested to learn further about a certain broker, feel free to click the review button.


What is the best forex broker for beginners?

If you are a beginner and looking for the right broker to trade with in Germany, some aspects that you need to pay attention to are the low minimum deposit, demo account , and educational features. Apart from that, it's also better to make sure that the broker has good customer service because as a beginner, you may need to consult about broker services that still seem incomprehensible to you.

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