Best Bafin Brokers Guide
Updated January 14, 2022
BaFin Brokers
If you are in Germany or wish to trade in the Germany, it is suggested to deal with BaFin brokers as they are well regulated by the Bundesanstalt für Finanzdienstleistungsaufsicht, also known as BaFin.
BaFin is the largest federal financial regulatory authority in entire Europe as Germany's metropolis Frankfurt is one of the major markets in the region.
Here we will discuss BaFin and the BaFin brokers in particular.
What is BaFin?
BaFin is a supervisory authority that oversees financial markets in Germany.
It was established in the year 2002 with an amalgamation of The Federal Banking Supervisory Office, Federal Insurance Supervisory Office and The Federal Securities Supervisory Office.
The independent regulatory body has stringent rules in favour of protecting investors as well as service providers (the BaFin brokers).
Responsibilities of BaFin
One of the primary responsibilities of BaFin is to maintain transparency in the country's financial market.
It ensures the solvency of insurers and banks to help the financial institutions in offering qualitative services to traders.
It helps in building up confidence among the investors by cracking the whip on BaFin brokers that fail to abide by the set rules.
BaFin Regulation and Investors
Securities Trading Act (WpHG) notes consumer protection should be the highest priority in Germany and BaFin abides by it.
The Consumer Advisory Council of BaFin collects financial market information and analyses and monitors the data to ensure investors that there is no foul play.
Some of the risks faced by investors, in any financial market, are price manipulation and insider trading.
BaFin can take legal action against offenders if any inconsistency in the market is found in their investigations.
BaFin Brokers and Guidelines
BaFin has outlined some guidelines for the so-called BaFin brokers. One important norm to mention here first is negative balance protection.
Many may not understand what negative balance protection is.
Let's understand this way. In CFD and Forex trading investors often leverage their positions with several folds more than the worth of their account balance. This is due to the added leverage CFD trades offer. Sometimes a spike in price is seen within a short notice leading to huge profit or a huge loss.
There are also moments when the market becomes extremely volatile. It causes gapping and hence stop-loss orders fail to get executed.
This may lead to negative losses. Under such circumstances, negative balance protection helps the investor not to lose more than the initial capital.
There are more regulatory guidelines for BaFin brokers such as stress tests on brokerages, occasional supervisory interviews, annual accounts analysis and financial information from brokerages.
BaFin Brokers Verdict
BaFin brokers are highly professional and more transparent than most of the brokers in Europe. They are well regulated and operate under the stringent rules and norms of BaFin.
BaFin is an independent regulatory body and is not financed by the German government.
Since 2002 it has been ensuring investors the market is least affected by manipulations. It has continuously worked in building up confidence among the traders with fair policy to safeguard their investments.
We've collected thousands of datapoints and written a guide to help you find the best Bafin Brokers for you. We hope that this information assists you in locating a reliable and reputable broker who meets your online trading requirements. We have compiled a list of what we consider the best bafin brokers below.
Reputable Bafin Brokers Checklist
There are a number of important factors to consider when picking an online Bafin trading brokerage.
- Check your Bafin broker has a history of at least 2 years.
- Check your Bafin broker has a reasonable sized customer support of at least 15.
- Does the Bafin broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your Bafin broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your Bafin broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your Bafin can hire people from various locations in the world who can better communicate in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Our brokerage comparison table below allows you to compare the below features for brokers offering Bafin Brokers.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below Bafin Brokers.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 Bafin Brokers of 2022 compared
Here are the top Bafin Brokers.
Compare Bafin Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are bafin brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more bafin brokers that accept bafin clients
| Broker |
AvaTrade
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Plus500
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Admiral
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FXPro
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phoenixmarkets
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IG
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ETX Capital
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fxtm
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roinvesting
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naga
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monetamarkets
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| Rating | |||||||||||
| Regulation | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049) | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039), Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA) | ForexTime UK Limited (www.forextime.com/uk) is authorised and regulated by the Financial Conduct Authority with license number 777911, ForexTime Limited (www.forextime.com/eu) is regulated by the Cyprus Securities and Exchange Commission with CIF license number 185/12, Financial Sector Conduct Authority (FSCA) of South Africa, with FSP No. 46614, Exinity Limited (www.forextime.com) is regulated by the Financial Services Commission of the Republic of Mauritius license number C113012295, | Cyprus Securities and Exchange Commission (CySEC) license No. 269/15 | Cyprus Securities and Exchange Commission (CySEC) under licence No. 204/13, Financial Conduct Authority (FCA) no. 609499, The Federal Financial Supervisory Authority (BaFin) reg. 135203, Commissione Nazionale per le Società e la Borsa (Consob) reg 3844, Comisión Nacional del Mercado de Valores (CNMV) reg 3591 | Cayman Islands Monetary Authority (CIMA) |
| Min Deposit | 100 | 100 | 200 | 100 | 500 | No minimum deposit | 100 | 10 | 250 | 250 | 200 |
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| Used By | 300,000+ | 15,500+ | 10,000+ | 1,866,000+ | 10,000+ | 239,000+ | 10,000+ | 3,000,000+ | 45,000+ | 650,000+ | 70,000+ |
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| Platforms | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps | MT4,mac,Android.iPhone/iPad | MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Binary, Tablet & Mobile apps | MT5, MT4, Desktop platform, Web platform, Tablet & Mobile apps | MT4, Desktop platform, Web platform, Tablet & Mobile apps | MT4, MT5, Desktop platform, Web platform, Tablet & Mobile apps | Desktop platform, Web platform, Tablet & Mobile apps |
| Support |
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| Learn More |
Sign
Up with avatrade |
Sign
Up with plus500 |
Sign
Up with admiralmarkets |
Sign
Up with fxpro |
Sign
Up with phoenixmarkets |
Sign
Up with ig |
Sign
Up with etxcapital |
Sign
Up with fxtm |
Sign
Up with roinvesting |
Sign
Up with naga |
Sign
Up with monetamarkets |
| Risk Warning | 71% of retail investor accounts lose money when trading CFDs with this provider | 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | Your capital is at risk | Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | Your capital is at risk | Your capital is at risk | Your capital is at risk | Your capital is at risk |
| Demo |
AvaTrade Demo |
Plus500 Demo |
Admiral Markets Demo |
FxPro Demo |
Phoenix Markets Demo |
IG Demo |
ETX Capital Demo |
FXTM Demo |
ROInvesting Demo |
Naga Demo |
Moneta Markets Demo |
| Excluded Countries | BE, BR, KP, NZ, TR, US, CA, SG | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | US, CA, JP, SG, MY, JM, IR, TR | US, CA, IR | BE, CA, IR, JP, KP, US, BA, ET, IQ, UG, VU, YE, AF, LA, TR, SY, IL | US, BE, FR, IN, IL, PL, ZW | US, BE, CA , SG, BE | US, AL, DZ, AS, AD, AO, AI, AQ, AG, AR, AM, AW, AT, AZ, BS, BH, BD, BB, BY, BE, BZ, BJ, BM, BT, BO, BQ, BA, BW, BV, BR, IO, BN, BG, BF, BI, CV, KH, CM, CA, KY, CF, TD, CL, CX, CC, CO, KM, CD, CG, CK, CR, HR, CU, CW, CY, CZ, CI, DK, DJ, DM, DO, EC, EG, SV, GQ, ER, EE, SZ, ET, FK, FO, FJ, FI, FR, GF, PF, TF, GA, GM, GE, DE, GH, GI, GR, GL, GD, GP, GU, GT, GG, GN, GW, GY, HT, HM, VA, HN, HK, HU, IS, IN, ID, IR, IQ, IE, IM, IL, IT, JM, JP, JE, JO, KZ, KE, KI, KP, KR, KW, KG, LA, LV, LB, LS, LR, LY, LI, LT, LU, MO, MG, MW, MY, MV, ML, MT, MH, MQ, MR, MU, YT, MX, FM, MD, MC, MN, ME, MS, MA, MZ, MM, NA, NR, NP, NL, NC, NZ, NI, NE, NG, NU, NF, MP, NO, OM, PK, PW, PS, PA, PG, PY, PE, PH, PN, PL, PT, PR, QA, MK, RO, RU, RW, RE, BL, SH, KN, LC, MF, PM, VC, WS, SM, ST, SN, RS, SC, SL, SG, SX, SK, SI, SB, SO, ZA, GS, SS, ES, LK, SD, SR, SJ, SE, CH, SY, TW, TJ, TZ, TH, TL, TG, TK, TO, TT, TN, TR, TM, TC, TV, UG, UA, AE, GB, UM, UY, UZ, VU, VE, VN, VG, VI, WF, EH, YE, ZM, ZW, AX | US, AL, DZ, AS, AD, AO, AI, AQ, AG, AR, AM, AW, AT, AZ, BS, BH, BD, BB, BY, BE, BZ, BJ, BM, BT, BO, BQ, BA, BW, BV, BR, IO, BN, BG, BF, BI, CV, KH, CM, CA, KY, CF, TD, CL, CX, CC, CO, KM, CD, CG, CK, CR, HR, CU, CW, CY, CZ, CI, DK, DJ, DM, DO, EC, EG, SV, GQ, ER, EE, SZ, ET, FK, FO, FJ, FI, FR, GF, PF, TF, GA, GM, GE, DE, GH, GI, GR, GL, GD, GP, GU, GT, GG, GN, GW, GY, HT, HM, VA, HN, HK, HU, IS, IN, ID, IR, IQ, IE, IM, IL, IT, JM, JP, JE, JO, KZ, KE, KI, KP, KR, KW, KG, LA, LV, LB, LS, LR, LY, LI, LT, LU, MO, MG, MW, MY, MV, ML, MT, MH, MQ, MR, MU, YT, MX, FM, MD, MC, MN, ME, MS, MA, MZ, MM, NA, NR, NP, NL, NC, NZ, NI, NE, NG, NU, NF, MP, NO, OM, PK, PW, PS, PA, PG, PY, PE, PH, PN, PL, PT, PR, QA, MK, RO, RU, RW, RE, BL, SH, KN, LC, MF, PM, VC, WS, SM, ST, SN, RS, SC, SL, SG, SX, SK, SI, SB, SO, ZA, GS, SS, ES, LK, SD, SR, SJ, SE, CH, SY, TW, TJ, TZ, TH, TL, TG, TK, TO, TT, TN, TR, TM, TC, TV, UG, UA, AE, GB, UM, UY, UZ, VU, VE, VN, VG, VI, WF, EH, YE, ZM, ZW, AX | US, AU, IR, AL, DZ, AS, AD, AO, AI, AQ, AG, AR, AM, AW, AT, AZ, BS, BH, BD, BB, BY, BE, BZ, BJ, BM, BT, BO, BQ, BA, BW, BV, BR, IO, BN, BG, BF, BI, CV, KH, CM, CA, KY, CF, TD, CL, CX, CC, CO, KM, CD, CG, CK, CR, HR, CU, CW, CY, CZ, CI, DK, DJ, DM, DO, EC, EG, SV, GQ, ER, EE, SZ, ET, FK, FO, FJ, FI, FR, GF, PF, TF, GA, GM, GE, DE, GH, GI, GR, GL, GD, GP, GU, GT, GG, GN, GW, GY, HT, HM, VA, HN, HK, HU, IS, IN, ID, IR, IQ, IE, IM, IL, IT, JM, JP, JE, JO, KZ, KE, KI, KP, KR, KW, KG, LA, LV, LB, LS, LR, LY, LI, LT, LU, MO, MG, MW, MY, MV, ML, MT, MH, MQ, MR, MU, YT, MX, FM, MD, MC, MN, ME, MS, MA, MZ, MM, NA, NR, NP, NL, NC, NZ, NI, NE, NG, NU, NF, MP, NO, OM, PK, PW, PS, PA, PG, PY, PE, PH, PN, PL, PT, PR, QA, MK, RO, RU, RW, RE, BL, SH, KN, LC, MF, PM, VC, WS, SM, ST, SN, RS, SC, SL, SG, SX, SK, SI, SB, SO, ZA, GS, SS, ES, LK, SD, SR, SJ, SE, CH, SY, TW, TJ, TZ, TH, TL, TG, TK, TO, TT, TN, TR, TM, TC, TV, UG, UA, AE, GB, UM, UY, UZ, VU, VE, VN, VG, VI, WF, EH, YE, ZM, ZW, AX | US, AL, DZ, AS, AD, AO, AI, AQ, AG, AR, AM, AW, AT, AZ, BS, BH, BD, BB, BY, BE, BZ, BJ, BM, BT, BO, BQ, BA, BW, BV, BR, IO, BN, BG, BF, BI, CV, KH, CM, CA, KY, CF, TD, CL, CX, CC, CO, KM, CD, CG, CK, CR, HR, CU, CW, CY, CZ, CI, DK, DJ, DM, DO, EC, EG, SV, GQ, ER, EE, SZ, ET, FK, FO, FJ, FI, FR, GF, PF, TF, GA, GM, GE, DE, GH, GI, GR, GL, GD, GP, GU, GT, GG, GN, GW, GY, HT, HM, VA, HN, HK, HU, IS, IN, ID, IR, IQ, IE, IM, IL, IT, JM, JP, JE, JO, KZ, KE, KI, KP, KR, KW, KG, LA, LV, LB, LS, LR, LY, LI, LT, LU, MO, MG, MW, MY, MV, ML, MT, MH, MQ, MR, MU, YT, MX, FM, MD, MC, MN, ME, MS, MA, MZ, MM, NA, NR, NP, NL, NC, NZ, NI, NE, NG, NU, NF, MP, NO, OM, PK, PW, PS, PA, PG, PY, PE, PH, PN, PL, PT, PR, QA, MK, RO, RU, RW, RE, BL, SH, KN, LC, MF, PM, VC, WS, SM, ST, SN, RS, SC, SL, SG, SX, SK, SI, SB, SO, ZA, GS, SS, ES, LK, SD, SR, SJ, SE, CH, SY, TW, TJ, TZ, TH, TL, TG, TK, TO, TT, TN, TR, TM, TC, TV, UG, UA, AE, GB, UM, UY, UZ, VU, VE, VN, VG, VI, WF, EH, YE, ZM, ZW, AX |
All Bafin brokers in more detail
You can compare Bafin Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Bafin Brokers for 2022 article further below. You can see it now by clicking here
We have listed top Bafin brokers below.
Bafin Brokers Table of Contents
- Bafin Brokers Explained
- 6 Factors to Consider when Choosing Bafin Brokers
- Are Your Bafin Brokers Trusted And Established?
- Are The Bafin Brokers World Leading?
- What are the Bafin Brokers Commissions and Fees?
- What are the Bafin Brokers Funding and Withdrawl Methods?
- Find Bafin Brokers with Round-the-clock support?
- Make sure the Bafin Brokers Offer Comprehensive Trader resources?
- Why Bafin Brokers needs to be regulated?
- Bafin Brokers FAQ
- What are the best Bafin brokers?
- What is the best Bafin broker?
- Related Bafin Brokers Reviews
- Related Bafin Brokers Alternatives
- Related Bafin Brokers Comparisons
Bafin Brokers Explained
Trading the financial markets with Bafin Brokers when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Bafin Brokers is the platform that a Bafin Brokers offer.
Choose Bafin Brokers that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Bafin Brokers that you can rely on.
6 Factors to Consider when Choosing Bafin Brokers
Follow these five rules for selecting a broker that's right for you:
Are Your Bafin Brokers Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated Bafin broker is AvaTrade. Established in 2006, and in operation for 12 years AvaTrade have a head office in Ireland .
AvaTrade is regulated. This means AvaTrade are supervised by and is checked for conduct by Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049) regulatory bodies.
Another top rated broker is Plus500.
Plus500 was established 2008, and in operation for 11 years Plus500 have a head office in Israel.
Plus500 is regulated. This means Plus500 are supervised by and is checked for conduct by Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049) regulatory bodies.
| Broker |
AvaTrade
|
Plus500
|
Admiral
|
FXPro
|
phoenixmarkets
|
IG
|
| Year Established | 2006 | 2008 | 2001 | 2006 | 2013 | 1974 |
| Head Office | Ireland | Israel | UK | UK | Cyprus | UK |
| Regulation | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049) | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039), Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) |
| Used By | 300,000+ | 15,500+ | 10,000+ | 1,866,000+ | 10,000+ | 239,000+ |
| Negative balance protection | No | Yes | Yes | Yes | No | Yes |
| Guaranteed Stop Loss | No | Yes | No | No | No | Yes |
| Learn More | Visit AvaTrade | Visit Plus500 | Visit Admiral Markets | Visit FxPro | Visit Phoenix Markets | Visit IG |
| Risk Warning | 71% of retail investor accounts lose money when trading CFDs with this provider | 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | Your capital is at risk | Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. |
Are The Bafin Brokers World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. AvaTrade Segregates clients funds and offers over 1250 instruments. AvaTrade offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, the AvaTrade platform enables access to a variety of financial markets worldwide. AvaTrade is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Bafin Brokers is Plus500 . Plus500 Only provides CFDs and offers over 2000 instruments.
| Broker |
AvaTrade
|
Plus500
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Admiral
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FXPro
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phoenixmarkets
|
IG
|
| Instruments Available | 1250 | 2000 | 148 | 430 | 97 | 17000 |
| Platforms | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps | MT4,mac,Android.iPhone/iPad | MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps |
| Excluded Countries | BE, BR, KP, NZ, TR, US, CA, SG | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | US, CA, JP, SG, MY, JM, IR, TR | US, CA, IR | US, BE, FR, IN, IL, PL, ZW | |
| Forex pairs offered | 55 | 100 | 40 | 70 | 67 | 100 |
| Forex pairs offered | 55 | 100 | 40 | 70 | 67 | 100 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | Yes | Yes | Yes | Yes | No |
| Commodities Offered | 17 | 17 | 0 | 30 | 0 | 34 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | Yes | No | Yes | Yes | Yes |
| Stocks Offered | 1000 | 1816 | 64 | 1700 | 379 | 8000 |
| UK Shares | Yes | Yes | Yes | Yes | Yes all Major | Yes |
| US Shares | Yes | Yes | Yes | Yes | Yes all Major | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes all Major | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | No | Yes |
What are the Bafin Brokers Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Bafin broker AvaTrade offers competitive offers for Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading . AvaTrade minimum deposit is 100.
Another top rated Bafin broker Plus500 offers CFDs. Plus500 minimum deposit is 100. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
AvaTrade
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Plus500
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Admiral
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FXPro
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phoenixmarkets
|
IG
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| Min Deposit | 100 | 100 | 200 | 100 | 500 | 0 |
| Withdrawl Fees | No | No | No | No | varies | No |
| Inactivity Fees | No | Yes | No | Yes | Yes | |
| Deposit Fees | No | No | Varies | No | Varies | |
| CFD Commission Fees | No | No | Yes | charge commissions on cTrader only | Yes (0.1%) |
What are the Bafin Brokers Funding and Withdrawal Methods?
When dealing with Bafin Brokers having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
AvaTrade
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Plus500
|
Admiral
|
FXPro
|
phoenixmarkets
|
IG
|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | No | Yes | No | Yes |
| Skrill | No | Yes | Yes | Yes | Yes | No |
| Payoneer | Yes | No | Yes | No | No | Yes |
| Neteller | Yes | No | Yes | Yes | Yes | No |
Find Bafin Brokers with Round-the-clock support?
Customer service is very important when dealing with Bafin Brokers.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
Bafin Brokers customer support can include Phone answering services, Live chat support and Email customer service support.
AvaTrade support a wide range of languages including Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish
Plus500 support a wide range of languages including English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese
AvaTrade and Plus500 offer support where clients are able to call or contact the helpdesk via email or a chat service.
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AvaTrade
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Plus500
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Admiral
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FXPro
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phoenixmarkets
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IG
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| Languages | Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish | English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese | English, Spanish, Hungarian, Bulgarian, Cestina, German, Dutch, French, Eesti, Francais, Greek, Latviesu, Lietuviskas, Moldovian, Croatian, Slovenian, Polish, Russian, Serbian, Romanian, Ukrainian, and Croatian | Arabic, Chinese, English, French, German, Hungarian, Indonesian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Vietnamese, Greek, Malaysian, Thai, Turkish, Romanian, Czech, Slovak | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, French, German, Spanish, and Portuguese |
| Learn More | Visit AvaTrade | Visit Plus500 | Visit Admiral Markets | Visit FxPro | Visit Phoenix Markets | Visit IG |
| Risk Warning | 71% of retail investor accounts lose money when trading CFDs with this provider | 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | Your capital is at risk | Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. |
Make sure the Bafin Brokers Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, AvaTrade and Plus500 work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why Bafin Brokers needs to be regulated?
A regulated Bafin broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Bafin brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
Bafin Brokers List
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Plus500 offer a 100% Free and Unlimited Demo account No Deposit fees/Commissions No hidden fees Competitive fees Tight Spreads
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4,mac,Android.iPhone/iPadCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, Mirror Trader, Binary, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT5, MT4, Desktop platform, Web platform, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Desktop platform, Web platform, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Desktop platform, Web platform, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
