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 Max Leverage Min Deposit
XTB
Austria 2002

  • CNMV (Spain) 40
  • Czech National Bank
  • DFSA (Dubai)
  • FCA (UK)
  • FSA (Poland)
  • FSCA (South Africa)
  • IFSC (Belize)
  • ESMA
1:30 $1 Review
Pepperstone
Australia 2010

  • ASIC
  • BaFin 151148
  • Capital Markets Authority of Kenya
  • CySEC
  • DFSA (Dubai)
  • FCA 684312
  • SCB SIA-F217
1:30 $200 Review
IG
Australia 1974

  • CFTC/NFA
  • FCA (UK)
1:50 $1 Review
Admirals
Argentina 2001

  • ASIC
  • CySEC
  • FCA (UK)
  • FSA (Estonia) 10932555
  • FSA (Seychelles)
  • FSCA (South Africa)
  • IIROC
  • Jordan Securities Commission
1:500 $100 Review
AvaTrade
Australia 2006

  • ASIC
  • Central Bank of Ireland C53877
  • Financial Futures Association (Japan)
  • Financial Services Regulatory Authority (Abu Dhabi)
  • FSA (Japan)
  • FSC (BVI)
  • FSCA (South Africa)
  • IS
1:400 $100 Review
OANDA
British Virgin Islands 1996

  • CFTC/NFA 0325821
  • FCA (UK)
  • FSA (Japan)
  • FSC (BVI)
  • Kanto Local Finance Bureau (Japan)
  • MFSA
  • Monetary Authority of Singapore
  • ASIC
1:20 $1 Review
BDSwiss
Cyprus 2012

  • BaFin
  • CFTC/NFA
  • CySEC 199/13
  • FSA (Seychelles)
  • FSC (Mauritius)
1:400 $100 Review
FIBOGroup
Austria 1998

1:1000 $1 Review
FXCM
Australia 1999

  • ASIC 309763
  • CONSOB (Italy)
  • CySEC
  • DMCC (Dubai)
  • FCA (UK)
  • ISA (Israel)
  • SFC (Hong Kong)
  • ESMA
1:400 $1 Review
Grand Capital
Armenia 2006

  • FFMS 1204
  • The Financial Commission
1:500 $10 Review
GKFX
Chile 2009

  • ASIC
  • BaFin
  • CONSOB (Italy) 2915
  • Czech National Bank
  • DMCC (Dubai)
  • FCA (UK)
  • Finansinspektionen (Sweden)
  • FINRA
  • SFC (Hong Kong)
  • ESMA
1:30 $200 Review
GBE brokers
Cyprus 2013
  • CySEC
1:30 $500 Review
JFD Bank
Bulgaria 2011
  • BaFin
  • CySEC
1:400 $500 Review
ayondo
Germany 2008
1:200 $100 Review
NAGA
Cyprus 2015
  • CySEC
1:500 $250 Review
CMC Markets
Australia 1989
1:500 $1 Review
FXFlat
France 1997
  • BaFin
1:400 $200 Review
EuropeFX
Cyprus 2014
1:30 $1000 Review
24option
Albania 2009
1:400 $100 Review
JFD Brokers
Bulgaria 2011
1:400 $500 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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