BaFin Regulated Forex Brokers

BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht ) is a regulatory agency from Germany and also known as the Federal Financial Supervisory Authority in German. Formed in 2002, BaFin is a highly independent regulatory organization that regulates the operation of banks, financial services companies, insurance firms, and different types of financial undertakings in the whole country.

This regulatory is one of the strictest regulatory authorities in the world. BaFin quickly responds to all kinds of financial frauds and updates its rule constantly in order to fight financial crimes and client abuse. This is the reason BaFin considered as one of the most respected and reliable regulatory agencies in the financial markets. This following list shows forex brokers regulated by BaFin.

FAQ

What does BaFin regulated mean?

Being regulated by BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht) or the Federal Financial Supervisory Authority means operating under the standards of a German financial regulator. Established in May 1, 2002, It is an independent institution under the supervision of the Federal Ministry of Finance. BaFin supervises thousands of banks, hundreds of insurance undertakings, and 800 financial services companies including forex brokerages in Germany.

What are BaFin rules?

• BaFIN regulated brokers need have at least two financial experts functioning as managers for the head of operations with no negative records or issues in relation to their roles in the company.
• Forex brokers under the regulation of BaFin are also required to hold an operating capital which starts from €750,000 to €5 million and beyond. The capital should be proportional to the amount of trading capital held on behalf of their clients.
• All client funds are to be held in segregated accounts at the top banks in Germany.
• Audit reports and financial statements should be submitted periodically to BaFin. They will be scrutinized by the agency to filter any discrepancies or modifications.
• BaFin regulated brokers need to ensure that they have the financial capacity to anticipate market fluctuations and an efficient insolvency procedure to prevents traders from losing their capital in case of inability to overcome the market volatility.
• All brokers should only act as an intermediary between traders and the market. Indulgence in any scams or malpractices that may endanger investors' security of their funds is strictly prohibited.

What is the main purpose of BaFin?

To prevent consumer violation in the financial industry, as well as protecting and regulating its members against financial anomalies. BaFin can also work together with its regulated brokers to ensure a good business environment for continued success in the industry. They are committed to the welfare of companies as well as investors, so their main purpose is to create a harmony between the two different forces in the market.

What are the powers of BaFin?

BaFin has designed guidelines in agreement with the MiFID derivative. They adopt Germany’s internal legislative powers to enforce a set of laws for their subjects.

BaFin is required to ensure the functioning of the German markets for securities and derivatives in accordance with the Securities Trading Act (WpHG). They can investigate every case of reported misconduct and penalize companies according to their involvement in the scam.

BaFin also allows consumers to initiate complaints and other reports concerning alleged violation of any regulated firm. BaFin encourages the companies and clients to reach an out-of-the-court settlement in the case of disputes. Should the problems need arbitration, it can either be referred to the Financial Ombudsman or the court.

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.

Max Leverage - All 1 : 2 1 : 3 1 : 4 1 : 5 1 : 6 1 : 10 1 : 14 1 : 15 1 : 16 1 : 20 1 : 25 1 : 30 1 : 33 1 : 40 1 : 46 1 : 50 1 : 60 1 : 63 1 : 75 1 : 89 1 : 100 1 : 125 1 : 150 1 : 200 1 : 205 1 : 226 1 : 240 1 : 250 1 : 300 1 : 325 1 : 333 1 : 400 1 : 500 1 : 555 1 : 600 1 : 777 1 : 888 1 : 999 1 : 1000 1 : 2000 1 : 2500 1 : 3000 1 : 3500

Country - All Albania Anguilla Argentina Armenia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Belarus Belgium Belize Bermuda British Virgin Islands Bulgaria Canada Cayman Islands Chile China Colombia Congo Croatia Cyprus Czech Republic Dominica Dubai Ecuador Egypt Estonia France Georgia Germany Gibraltar Greece Hong Kong Hungary India Indonesia Ireland Israel Italy Japan Jordan Kazakhstan Kenya Korea Republic of Kuwait Latvia Lebanon Lithuania Luxembourg Macedonia Malaysia Malta Marshall Islands Mauritius Mexico Moldova Republic of Monaco Mongolia Montenegro Myanmar Netherlands New Zealand Nigeria Pakistan Paraguay Peru Philippines Poland Portugal Qatar Romania Russian Federation Saint Kitts and Nevis Saint Lucia Saint Vincent and the Grenadines Saudi Arabia Serbia Seychelles Singapore Slovakia Slovenia South Africa Spain Sweden Switzerland Taiwan Thailand The Bahamas Turkey UK Ukraine United Arab Emirates United Kingdom United States Vanuatu Viet Nam the Democratic Republic of the the Former Yugoslav Republic of

Established - All 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999

Regulation - All AFM ASIC AUSTRAC BaFin Bank of Russia Banque de France Banque du Liban Bulgarian National Bank CFTC CIMA CNMV CNVM CONSOB CSSF Capital Markets Authority Capital Markets Authority of Kenya Cayman Islands Monetary Authority Central Bank of Ireland CySEC Czech National Bank DFSA DMCC Department of Economic Development Dubai Gold and Commodities Exchange ESMA FCA FCA 684312 FCA temporary permit 808276 FCMC FFMS FINMA FINRA FMA FMRRC FSA FSC FSCA FSCL FSP Financial Dispute Resolution Financial Futures Association Financial Services Regulatory Authority Finansinspektionen HCMC HKCE Hungarian National Bank IFSA IFSC IIROC IS ISA Jordan Securities Commission Kanto Local Finance Bureau MFSA Ministry of Finance and Economic Management Monetary Authority of Singapore NAFD NBRB SCA SCB SIA-F217 SEC SFC SIC Securities Commission of The Bahamas TFG The Financial Commission VFSC Vanuatu Financial Services Commission

Min Deposit - All $10 $50 $100 $250 $500 $1000 $2000 $5000 More than $5000

Rating - All 5 Stars 4 Stars 3 Stars 2 Stars 1 Star

Reset Search

Advanced Search