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.

Broker Max Leverage Min Deposit
Windsor Brokers
China 1998

  • AFM (Netherlands) 72346
  • BaFin
  • Capital Markets Authority of Kenya
  • CySEC
  • FCA (UK)
  • ESMA
1:500 $100 Review
Pepperstone
Australia 2010

  • ASIC 414530
  • BaFin
  • Capital Markets Authority of Kenya
  • CySEC
  • DFSA (Dubai)
  • FCA 684312
  • SCB SIA-F217
1:30 $200 Review
Tickmill
Seychelles 2014

  • BaFin 146511
  • CySEC
  • FCA (UK)
  • FSA (Seychelles)
  • FSCA (South Africa)
1:500 $100 Review
BDSwiss
Cyprus 2012

  • BaFin
  • CFTC/NFA 0486419
  • CySEC
  • FSA (Seychelles)
  • FSC (Mauritius)
1:400 $100 Review
XM
Australia 2009

  • ASIC
  • BaFin
  • CNMV (Spain)
  • CONSOB (Italy)
  • CySEC
  • FCA (UK) 538324
  • FSP (New Zealand)
  • IFSC (Belize)
  • ESMA
1:888 $5 Review
GKFX
Chile 2009

  • ASIC
  • BaFin
  • CONSOB (Italy)
  • Czech National Bank 256/2004
  • DMCC (Dubai)
  • FCA (UK)
  • Finansinspektionen (Sweden)
  • FINRA
  • SFC (Hong Kong)
  • ESMA
1:30 $200 Review
MultiBank
United States 2005
  • SIC
  • BaFin
  • CIMA
  • CNMV
  • FMA
  • TFG
  • HKCE
  • AUSTRAC
  • VFSC
1:500 $50 Review
Trade360
Cyprus 2013
1:200 $500 Review
JFD Brokers
Bulgaria 2011
  • BaFin
  • CySEC
  • Vanuatu Financial Services Commission
1:400 $500 Review
FxGrow
Cyprus 2008
  • BaFin
  • Banque de France 74965
  • CNMV (Spain)
  • CySEC
  • FCA (UK)
  • Finansinspektionen (Sweden)
  • HCMC (Greece)
  • ESMA
1:100 $100 Review
NSFX
Malta 2011
1:50 $300 Review
DeltaStock
Bulgaria 1998
  • BaFin
  • CNVM (Romania) PJM01SFIM/400004
  • Czech National Bank
  • FCA (UK)
  • FSA (Denmark)
  • FSC (Bulgaria)
  • ESMA
1:200 $100 Review
Alvexo
Cyprus 2014
  • AFM (Netherlands)
  • BaFin
  • CNMV (Spain)
  • CONSOB (Italy)
  • CySEC 236/14
  • FCA (UK)
  • FSA (Seychelles)
  • ESMA
1:400 $500 Review
FXFlat
France 1997
  • BaFin
1:400 $200 Review
FXGM
Cyprus 2011
1:30 $200 Review
ROinvesting
Cyprus 2015
  • BaFin
  • CNMV (Spain)
  • CySEC
  • FCA (UK)
  • ESMA
1:400 $100 Review
CMC Markets
Australia 1989
  • BaFin
  • FCA (UK)
1:500 $1 Review
Forex24
Cyprus
  • BaFin
  • CNMV (Spain)
  • CONSOB (Italy)
  • CySEC
  • FCA (UK)
  • ESMA
1:400 $2000 Review
MARKETSX
Cyprus 2006
  • AFM (Netherlands)
  • ASIC
  • BaFin
  • CySEC
  • FCA (UK)
  • FSA (Denmark) 6729
  • FSCA (South Africa)
  • ESMA
1:300 $100 Review
XGLOBAL Markets
Cyprus 2012
1:30 $100 Review
FXGlobe
Cyprus 2008
  • BaFin
  • CNMV (Spain)
  • CONSOB (Italy)
  • CySEC
  • MFSA FLTD7
  • ESMA
1:500 $250 Review
OneTrade
United Kingdom 2011
  • BaFin
  • CNMV (Spain)
  • FCA (UK)
  • ESMA
1:100 $500 Review
AAATrade
Cyprus 2013
  • BaFin
  • CySEC
  • FCA (UK)
1:200 $1 Review
JFD Bank
Bulgaria 2011
  • BaFin
  • CySEC
1:400 $500 Review
LegacyFx
Cyprus 2017
  • BaFin
  • CySEC
  • FCA (UK)
  • NBRB (Belarus) 193180778
  • Vanuatu Financial Services Commission
1:200 $500 Review
AMP Global
Cyprus 2018
  • BaFin
  • CFTC/NFA
  • CNMV (Spain)
  • CONSOB (Italy)
  • CySEC
  • FCA (UK)
  • ESMA
1:50 $100 Review
UFX
United Kingdom 2009
1:200 $100 Review
Credit Financier Invest
Cyprus 1998
  • BaFin
  • Banque du Liban 40
  • CySEC
  • DFSA (Dubai)
  • FCA (UK)
  • Jordan Securities Commission
1:30 $1 Review
Markets.com
Cyprus 2006
  • AFM (Netherlands)
  • ASIC
  • BaFin
  • CySEC
  • FCA (UK)
  • FSA (Denmark)
  • FSCA (South Africa)
  • ESMA
1:300 $100 Review



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.



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