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 |
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 Kanto Local Finance Bureau (Japan), 2137 MFSA, 18.12.2020 |
1:50 | $1 | Review | |
|
Admiral Markets Germany 2001 |
ASIC, 28381 CySEC 201/13 FCA (UK), 595450 FSA (Estonia), 10932555 |
1:500 | $100 | 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 |
1:30 | $200 | Review | |
|
FXFlat Germany 1997 |
BaFin, 148415 |
1:400 | $200 | Review | |
|
CMC Markets Germany 1989 |
FCA (UK) 173730 |
1:500 | $1 | Review | |
|
BDSwiss Germany 2012 |
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 |
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 |
CySEC, 258/14 |
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 |
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.
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