Top Dax Brokers for Trading the DAX Index for 2025

We found 11 online brokers that are appropriate for Trading Dax.

DAX Index Brokers for Trading Online Guide

Analysis by Andrew Blumer, Updated and fact checked by Senad Karaahmetovic, Last updated - March 12, 2025

DAX Brokers

In my 20 years as a trader, delving into various markets with their unique rhythms and nuances, the Deutscher Aktienindex, or DAX, has always stood out. This index isn't merely a collection of stocks; it's the backbone of the German economy, encapsulating the might of forty of Germany's premier corporations listed on the Frankfurt Stock Exchange (FRA). It's more than a market indicator; it's a gateway to understanding European economic trends.

I’ve explored numerous markets, but the Deutscher Aktienindex (DAX) has always stood out. More than just a stock index, the DAX represents Germany’s economic powerhouse, comprising forty of its top publicly listed companies on the Frankfurt Stock Exchange (FRA). Understanding this index provides deep insights into European market trends and economic shifts.

Trading the DAX isn’t just about knowledge it’s about having the right DAX broker. These brokers do more than facilitate trades; they provide access to various financial instruments, including DAX futures, options, ETFs, and the increasingly popular CFD (Contract for Difference) trading. CFDs offer flexibility, allowing traders to speculate on price movements with leverage and the option to go short, making them a compelling choice for active traders.

When trading the DAX, each aspect of broker selection can directly impact your success and security. For instance, regulatory compliance is critical a broker regulated by BaFin, FCA, CySEC, or ASIC ensures that trading conditions are transparent and investor protections are in place, whereas trading with an unregulated broker could expose you to issues like questionable order handling or fraudulent practices, which is particularly risky in a fast-moving market. Execution speed and reliability are also paramount; imagine a scenario where a significant economic announcement triggers rapid price movements in the DAX, and if your broker’s platform is slow or experiences downtime, you might miss favorable entry or exit points, ultimately affecting your returns. Cost transparency plays a vital role as well, since hidden fees, unclear commission structures, or exorbitant overnight financing charges can erode profits, especially when trading an index with tight margins like the DAX. Moreover, effective risk management tools are essential features such as stop-loss orders, margin call alerts, and real-time risk assessments help mitigate unexpected losses when the DAX reacts sharply to both local German economic indicators and broader European trends. The efficiency of funding and withdrawals cannot be overlooked either; in a dynamic market, delays in accessing your funds can mean missing out on lucrative trading opportunities. Reliable customer support is indispensable, ensuring that any technical issues or urgent queries during volatile trading sessions are addressed promptly to prevent potential losses.

DAX brokers

This guide breaks down the key aspects of choosing a DAX broker, helping you navigate the complexities of the market with confidence and ensure a seamless trading experience.

Best DAX Brokers (DAX30 / DA40 / GER40)

The DAX is known as the DAX 30 or DAX 40 and with some brokers the GER40 index. The DAX is a German stock market index that tracks the performance of the top 30 / 40 German blue chip businesses that trade on the Frankfurt Stock Exchange. I list some of the current best DAX brokers available, each broker others difference tools, trading instruments, funding and withdrawal methods, customer service levels and financial regulation.

IC Markets

IC Markets Screenshot

IC Markets is highly suitable for those engaged in high-frequency trading strategies on the DAX Index, providing narrow spreads and swift execution that favor scalping and day trading approaches. Its extensive range of instruments and international regulation assure both reliability and safety for DAX traders using the IC Markets platform.

IC Markets DE40 DAX trading Spreads

eToro

eToro Screenshot

eToro stands out for DAX beginners, offering unique social trading research tools such as eToro CopyTrading, where you can browser other traders trading the DAX (GER40) and mirror their Trades. Its user-friendly interface, backed by strong regulation, makes it a conducive platform for learning within its extensive community of over 30 million users.

RoboForex

Roboforex Screenshot

RoboForex is tailored for traders with some level of experience, offering compatibility with MT4 and MT5 platforms for a technologically flexible trading environment. Its user-friendly design and rapid execution speeds are crucial for capitalizing on DAX market movements, though caution is advised due to its high leverage options.

XTB

XTB Screenshot

XTB is particularly beneficial for those seeking to expand their knowledge of the DAX, with a strong emphasis on trader education and comprehensive market analysis. Its dedication to regulatory standards ensures a secure trading environment.

XM

XM Screenshot

XM excels in customer support and offers a wide variety of trading instruments, making it a reliable choice for DAX trading. Its commitment to adhering to regulatory standards and providing strong client support guarantees a secure and helpful trading environment.

AvaTrade

AvaTrade Screenshot

AvaTrade is distinguished by its versatile funding and withdrawal solutions, accommodating a broad spectrum of DAX traders. The AvaTradeGo app and AvaSocial platform add convenience and community interaction to trading, further supported by a diverse instrument selection and a commission-free structure.

FP Markets

FP Markets Screenshot

FP Markets is noted for leveraging advanced technology, offering MetaTrader 4 and MetaTrader 5 platforms with sophisticated features that enhance DAX trading effectiveness. Its competitive spreads and varied trading options provide both strategic flexibility and cost efficiency.

Pepperstone

Pepperstone Screenshot

Pepperstone is preferred for its straightforward account setup and extensive selection of over 1200 instruments. The Razor Account, offering low initial spreads, is particularly attractive for cost-conscious traders, backed by a robust regulatory foundation.

When choosing a broker for the DAX Index, consider key factors such as fees, investment choices, trading platforms, educational resources, and customer support, ensuring the broker's regulation by credible authorities like the FCA, SEC, or FINRA for safety and compliance.

DAX Index Trading

I'd like to share some insights on the DAX index, a key benchmark that mirrors the performance of 40 top-tier, highly liquid German firms on the Frankfurt Stock Exchange. Think of the DAX as Germany's answer to the Dow Jones or the FTSE 100, offering a snapshot of the nation's economic pulse and investor sentiment.

Since I started trading, I’ve appreciated that the DAX has been a cornerstone of Germany’s financial markets since its launch in 1988. Its calculation is based on a free-float methodology, which means only the shares available to global investors are taken into account. This approach makes the index a relevant and transparent measure for traders like me around the world.

I also value the fact that the DAX undergoes a quarterly review, with its composition adjusted based on market capitalization and liquidity. As Germany’s largest companies evolve, so does the index, which I see as a vital indicator of broader economic trends. Given Germany’s role as Europe’s economic powerhouse, I keep a close eye on the DAX to assess market trends, manage risk, and diversify my portfolio.

German DAX 40 Listed Companies

The DAX 40 Index represents Germany’s largest and most influential companies across various industries. These firms shape not only the German economy but also global market trends. Understanding the key players within the index provides valuable insight into Germany’s economic strength and sectoral diversity.

For instance, the aerospace sector is led by Airbus SE (AIR:GR), while the athletic apparel industry is represented by Adidas AG (ADS:GR). The insurance and asset management sector plays a crucial role, with Allianz SE (ALV:GR) standing as a dominant force.

Germany’s strong presence in the chemical industry is showcased by BASF SE (BAS:GR), while the pharmaceutical sector is anchored by Bayer AG (BAYN:GR). The personal care industry is led by Beiersdorf AG (BEI:GR), a globally recognized brand.

The automotive industry remains a pillar of the German economy, with Bayerische Motoren Werke AG (BMW:GR) exemplifying German engineering excellence. Meanwhile, Brenntag SE (BNR:GR) plays a vital role in the chemical distribution sector.

Further, the automotive parts industry is represented by Continental AG (CON:GR), while the polymers sector sees strong contributions from Covestro AG (1COV:GR).

Each of these companies plays a crucial role in shaping not just the German economy but also in setting global industry trends and standards.

DAX companies

DAX Index Calculation

As a DAX index trader, I’ve come to appreciate the intricacies behind how the DAX Index is calculated. The index is built using a free-float market capitalization method, meaning that only shares available for public trading contribute to its value. This approach gives me a more accurate picture of the market by focusing on actively traded shares rather than just summing up stock prices. Instead, the DAX reflects the relative weight of each company based on its market value, which offers a dynamic and meaningful measure of the German stock market.

At the heart of the calculation is market capitalization I calculate it by multiplying a company’s stock price by its total number of shares. However, the DAX refines this by considering only the free-float shares, which are the ones I can actually trade. This adjustment is crucial as it prevents the index from being skewed by large shareholders who hold substantial stakes but rarely trade their positions.

I also pay attention to how each company’s market capitalization is weighted according to its free-float factor. This percentage shows how many shares are accessible to investors like me. For example, if a company has a free-float factor of 1, it means all its shares are available for trading, while a lower factor indicates that some shares are restricted. This weighting ensures that the index truly reflects market activity, not just the influence of a few major stakeholders.

Another aspect I find important is the final step of the calculation: dividing the total adjusted market capitalization by a predetermined index divisor. This figure, set by Deutsche Börse, maintains the continuity of the index despite market fluctuations, stock splits, or corporate actions like mergers and dividends. Without this divisor, sudden changes could create artificial distortions that would make my trading decisions less reliable.

What also sets the DAX apart for me is its status as a performance index. Unlike a standard price index that only tracks stock prices, the DAX assumes that dividends and other income are reinvested. This reinvestment factor gives me a more comprehensive view of returns, allowing me to see both capital appreciation and dividend earnings in one metric.

Since the DAX updates in real time every second during Frankfurt Stock Exchange trading hours, I always have access to the latest market trends. This continuous adjustment makes the DAX not only a vital benchmark for the German stock market but also a valuable tool for assessing broader economic conditions. Understanding its calculation helps me gauge risk and identify investment opportunities more effectively in my day-to-day trading.

Types of DAX 30 Brokers

Having been a DAX index trader for over 10 years now, I’ve come to understand that choosing the right DAX broker is crucial for navigating the unique challenges of Germany’s leading stock index. Each type of broker offers different advantages and drawbacks that can directly impact my ability to manage issues such as high volatility during market openings, rapid news-driven price movements, and liquidity gaps during off-peak hours.

In my early trading days, I started with Online Retail Brokers for their straightforward access to the DAX. Their user-friendly platforms and extensive educational resources were perfect for getting acquainted with the market, although I sometimes encountered issues like slower execution during peak volatility, which can be particularly challenging when the DAX experiences sudden swings.

As I advanced, I explored Full-Service Brokers to benefit from personalized investment advice and portfolio management. While their insights were invaluable in understanding the broader market trends affecting the DAX, I also noticed that their fees could be higher, which sometimes ate into my profits during tight-margin trades often seen with this index.

To gain even more control over my trades, I turned to Direct Market Access (DMA) Brokers. With DMA, I was able to place orders directly into the Frankfurt Stock Exchange’s order book, which helped me capture opportunities during those rapid price movements. However, I learned that even DMA isn’t immune to occasional latency issues during major economic announcements that impact the DAX, underscoring the importance of choosing a truly robust platform.

Additionally, I experimented with CFD and Forex Brokers for their flexibility in trading the DAX via Contracts for Difference (CFDs). This allowed me to speculate on price changes without owning the underlying stocks, and the use of leverage meant that I could amplify my returns. Still, I had to be cautious about margin calls and the risk of rapid losses when the index moved against me during volatile periods.

While I haven’t personally traded with Institutional Brokers, I recognize that they cater to large-scale investors by offering advanced trading technologies and deeper liquidity pools, which are essential for handling the substantial trading volumes and complex market dynamics of the DAX. For many institutional traders, these platforms are crucial for managing large positions without causing significant market impact.

When selecting my DAX broker, I always consider factors like regulatory compliance, trading fees, platform stability during high volatility, execution speed, and customer support. The specific challenges of trading the DAX such as its sensitivity to German economic news and rapid intraday fluctuations make it essential to choose a broker that not only meets my trading style but also addresses these realistic issues head-on.

Trading The DAX Index Advantages

Trading the DAX Index comes with several advantages, making it a preferred choice for many traders. The table below highlights the key benefits of trading the DAX along with examples for each advantage:

Advantage Description Example
Diversification The DAX Index comprises 40 major German companies across multiple sectors, offering broad exposure to the German economy through a single trade. Investing in companies like Siemens, BMW, and Deutsche Bank gives diversified exposure across industries.
Liquidity As one of the most liquid indices in the world, the DAX ensures easy entry and exit from positions with minimal slippage and tight spreads. A trader can quickly buy or sell DAX futures during peak hours with very little price difference between bid and ask.
Accessibility Traders can access the DAX through various instruments, including futures, options, ETFs, and CFDs, allowing flexibility in trading strategies. Using an ETF like the iShares Core DAX UCITS ETF, retail investors can easily gain exposure to the index.
Economic Representation The DAX serves as a key benchmark for Germany, the largest economy in Europe, providing direct exposure to economic trends and corporate performance. Movements in the DAX often mirror Germany’s manufacturing and export trends, such as changes in automotive production.
Leverage Many brokers offer leveraged trading on the DAX, enabling traders to control larger positions with less capital. While leverage amplifies gains, it also increases risk. Using a 10:1 leverage broker, a trader with €1,000 can control a position worth €10,000, magnifying both gains and losses.
Market Hours The DAX trades during European and overlapping U.S. market hours, providing opportunities for trading across multiple time zones. Traders in Asia can take advantage of the European morning session, which overlaps with early U.S. trading hours.
Hedging Opportunities Investors use the DAX to hedge against market volatility or economic uncertainty in Europe, protecting their portfolios from downside risks. A portfolio manager might short the DAX to offset losses in a European equity portfolio during turbulent times.
Technical Analysis The DAX is known for its adherence to technical patterns, making it suitable for traders who rely on chart analysis and technical indicators. Traders often apply Fibonacci retracements and moving averages on DAX charts to spot trend reversals or continuation patterns.

Trading the DAX offers significant opportunities, but success requires a solid understanding of market trends, effective risk management, and a well-planned strategy.

Trading The DAX Index Disadvantages

While the DAX Index presents many opportunities, it also comes with notable risks that traders must consider. The table below outlines the key disadvantages along with examples for each:

Disadvantage Description Example
Volatility The DAX can be highly volatile, reacting to domestic economic indicators and global events. While volatility creates opportunities, it also increases the risk of significant losses. A sudden drop in a major component like Volkswagen due to unexpected news can trigger a sharp index decline.
Complexity Trading the DAX requires an understanding of the German economy, major companies, and broader global trends. Keeping up with economic policies and sector news can be challenging, especially for beginners. Monitoring both domestic policies and EU regulations affecting companies like BASF can be overwhelming for novice traders.
Concentration Risk Despite having 40 components, the DAX remains concentrated in key industries. Large price movements in a few companies can significantly impact the index, leading to sector-specific risks. A significant drop in a heavy-weight stock like Siemens can disproportionately affect the overall index performance.
Currency Risk For international traders, fluctuations in the EUR/USD exchange rate can affect returns. Currency volatility adds an additional layer of risk when trading the DAX. A U.S.-based trader may see reduced gains if the Euro weakens against the U.S. Dollar, even when the index performs well.
Time Zone Differences The DAX operates on Central European Time, which may not align with a trader’s local hours. This can lead to challenges in monitoring and executing trades in real-time. A trader based in New York might find it difficult to react promptly to market movements during the European trading session.
Regulatory and Tax Implications Traders may face regulatory and tax complexities when trading a foreign index. Compliance with different jurisdictions can add administrative burdens. An investor trading DAX ETFs might need to comply with both EU regulations and their local tax laws, increasing administrative effort.
Leverage Risks While leverage can amplify gains, it also increases losses. Traders using high leverage can face margin calls if the market moves against them. Using high leverage might result in a margin call during a rapid market decline, as experienced by traders during sudden market crashes.

The Value Of The DAX

The DAX Index has experienced significant fluctuations over the years, reflecting both periods of strong economic growth and market downturns. One of its notable bull runs lasted for 1,587 days between 2003 and mid-2007. During this period, the DAX reached a significant high. However, like most global indices, the DAX suffered a severe downturn during the financial crisis, dropping to around 3,580 in 2009.

Following this setback, the index demonstrated a strong recovery. In December 2024, the DAX surpassed the 20,000-point threshold for the first time, closing at 20,016 on December 3, 2024. This milestone was achieved after a prolonged period of stagnation, with the index experiencing a 22-year hangover before reaching 16,000 points in November 2021, according to MarketWatch. The DAX's performance in 2024 included a 20% gain, driven by key companies like SAP, Munich Re, and Rheinmetall. Analysts suggest the DAX's resilience is due to a calm US tariff situation, a weaker EUR/USD, and anticipated rate cuts by the European Central Bank. Despite a sluggish German economy, individual stocks buoyed the DAX, while broader European markets faced persistent challenges and potential growth downgrades.

In February 2025, the DAX reached an all-time high, closing at 22,612.02 on February 13, 2025, with an intraday peak of 22,624.57 on the same day.

A key factor behind the DAX’s resilience and long-term growth is the increasing internationalization of German corporations. Global expansion has propelled many DAX-listed companies to new heights, with giants like Volkswagen, SAP, Bayer, Adidas, and Siemens experiencing substantial growth in the US and emerging Asian markets. This global reach has not only strengthened these firms but has also contributed to the DAX’s overall performance over the years.

Who Runs The DAX?

The DAX is managed by the Deutsche Börse Group. This group manages marketplaces for the trade of securities and shares. It also administers the FRA. The Deutsche Börse Exchange also manages an index for mid-sized German corporations known a the MDAX, along with an index for much smaller German businesses known as the SDAX.

Eligibility For The DAX

For a corporation to be eligible for the index, it has to first be listed on the Prime Standard, i.e., the FRA. At least 10 percent of the corporation's shares have to be held publicly for it to be eligible for the index, along with some other trading regulations.

A corporation will be excluded from the index if it becomes insolvent, or if it falls to the forty-fifth position or lower in terms of market capitalization. A company can make it into the DAX index if it rises to the twenty-fifth position or higher.

The German Stock Exchange Board (or Deutsche Börse) holds meetings every fiscal quarter to decide the exclusion or admission of corporations from the index.

DAX Index Trading Research

How To Trade The DAX with Leading DAX Brokers

DAX Index Trading Chart

Trading the DAX Germany’s premier stock market index tracking the performance of its top 40 listed companies offers a dynamic way to participate in European markets. Here’s a comprehensive guide on how to approach DAX trading, with examples to help you choose the right tools and brokers.

Understand the DAX: Get to know the DAX index by studying its components and sector weightings. For instance, understand how blue-chip companies like Siemens and Bayer influence the index. Many educational resources on brokers like IG provide detailed insights into the DAX’s composition.

DAX Trading Instruments: Choose Your Trading Instrument

DAX Broker Selection: Choose a DAX Broker

It’s essential to choose a broker that specializes in the German market and offers robust DAX trading features. Consider brokers like XM or eToro, which provide access to the DAX along with competitive fees, advanced DAX trading platforms, and strong regulatory oversight in the DAX market.

Analyzing the DAX Market

Develop Your DAX Trading Strategy

Define your DAX trading objectives, risk tolerance, and capital allocation. Decide whether you prefer day trading, swing trading, or a long-term position approach in the DAX market. For instance, a swing trader might combine technical signals from DAX charts with fundamental analysis of German economic reports provided by platforms like XM.

Manage DAX Risk Effectively

Utilize stop-loss orders and carefully consider your leverage levels to protect against adverse movements in the DAX. Many DAX brokers, such as Plus500, offer built-in risk management tools that allow you to set predefined limits to safeguard your capital when trading the DAX.

Start Trading the DAX

Open a DAX position based on your analysis and trading plan. Execute your trade using your chosen instrument whether that’s a direct DAX index trade, DAX CFD, or DAX option. Monitor your position closely through your broker’s advanced DAX trading platform, such as the interfaces provided by IC Markets.

Monitor, Adjust, and Learn in the DAX Market

Stay vigilant about DAX market changes and be prepared to adjust your strategy accordingly. Regularly review your DAX trades to learn from both your successes and mistakes. Many DAX brokers provide comprehensive analytical tools and post-trade reports (for example, eToro and XTB) to help you refine your DAX trading approach over time.

What Causes The DAX Index’s Price To Move?

In my experience trading the DAX index, I’ve learned that its price movements are driven by a mix of factors that directly impact the DAX. The volatility of the DAX is something I monitor daily, as it offers both risks and opportunities for traders like me.

European Union Developments and Their Impact on the DAX

Because Germany is at the heart of the European Union, the DAX is extremely sensitive to EU-wide developments. I recall a period when uncertainty over EU regulatory reforms sent the DAX tumbling. The political instability in Europe directly affected the revenue expectations of many companies within the DAX, prompting me to reduce my exposure until the situation stabilized. These experiences have taught me to always factor in EU policy changes when trading the DAX.

Economic Indicators That Move the DAX

The health of the German economy is a major driver for the DAX. I keep a close eye on economic indicators such as GDP growth, inflation rates, employment figures, and industrial production because these factors consistently influence the DAX. For example, when I observed strong GDP and industrial production figures, I noticed the DAX gaining momentum, and I timed my entries accordingly. Conversely, disappointing employment data once led to a rapid drop in the DAX, forcing me to exit my position to limit losses.

Exchange Rate Fluctuations and the DAX

The performance of the DAX is also closely linked to the movements of the euro. Germany’s export-driven companies listed on the DAX, like Volkswagen and Adidas, are heavily affected by currency fluctuations. I’ve seen that a weaker euro tends to boost the DAX because it enhances export competitiveness and increases corporate earnings. On one occasion, a sudden appreciation of the euro led to a drop in the DAX as international revenues fell, which forced me to adjust my trading strategy on the fly.

Corporate Earnings Reports and Their Role in DAX Movements

Earnings season is one of the most critical periods for the DAX. The performance of major companies within the DAX such as Siemens, SAP, and Bayer can significantly sway the index. I vividly remember a time when positive earnings from a leading DAX company pushed the index higher, rewarding my long-held positions. However, I’ve also experienced the downside when a major DAX-listed company reported disappointing results, and the resulting decline in the DAX was a harsh lesson in the risks of earnings volatility.

These experiences with the DAX have shown me that the index’s price movements are the result of a complex interplay of factors. By keeping a vigilant eye on EU developments, economic indicators, exchange rate fluctuations, and corporate earnings, I’ve learned to navigate the ups and downs of the DAX more effectively. Trading the DAX requires not only a deep understanding of these drivers but also a flexible approach that adapts to the ever-changing market conditions.

Dax Brokers Verdict

Choosing the right DAX broker is a critical decision for any trader aiming to navigate the complexities of the German stock market. The ideal broker should not only provide direct access to DAX-related instruments but also offer a robust trading platform, competitive fees, and reliable customer support. Additionally, regulatory compliance is non-negotiable, ensuring that your investments are protected and the broker operates under strict financial standards.

A broker's technological infrastructure is also paramount, especially for traders interested in real-time data, seamless order execution, and the ability to use automated trading systems. For those looking to trade with leverage or explore derivative products like CFDs, understanding the broker's offerings and the associated risks is crucial.

Diversification of trading instruments, including options and futures for those looking to hedge or speculate on the DAX, adds another layer of consideration. Furthermore, educational resources and analytical tools provided by the broker can significantly enhance your trading strategy and market understanding.

Ultimately, the verdict on DAX brokers hinges on finding a balance between security, cost, platform functionality, and the range of services offered. Given the DAX's prominence as a barometer of European economic health, the chosen broker should empower traders to make informed decisions, manage risks effectively, and capitalize on market opportunities. Conducting thorough research and perhaps starting with a demo account are prudent steps toward engaging with the DAX market confidently and successfully.

When trading of researching the DAX you may also want to consider other global Indices like the S&P 500, one observes the dramatic rises and falls characteristic of the Dow Jones, alongside the technology-fueled climbs of the NASDAQ. Each market index displays its unique behavior, reflecting the varied financial landscapes from the FTSE 100 in London to the CAC 40 in Paris, and the dynamic ASX in Australia to the NYSE financial markets.

We have conducted extensive research and analysis on over multiple data points on Dax Brokers for Trading the DAX Index to present you with a comprehensive guide that can help you find the most suitable Dax Brokers for Trading the DAX Index. Below we shortlist what we think are the best dax brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Dax Brokers for Trading the DAX Index.

Reputable DAX Index Brokers for Trading Online Checklist

Selecting a reliable and reputable online Dax trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Dax more confidently.

Selecting the right online Dax trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Compare Key Features of Dax Brokers in Our Brokerage Comparison Table

When choosing a broker for dax trading, it's essential to compare the different options available to you. Our dax brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.

By comparing these essential features, you can choose a dax broker that best suits your needs and preferences for dax. Our dax broker comparison table simplifies the process, allowing you to make a more informed decision.

Top 15 Dax Brokers of 2025 compared

Here are the top Dax Brokers.

Compare dax brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a dax broker, it's crucial to compare several factors to choose the right one for your dax needs. Our comparison tool allows you to compare the essential features side by side.

All brokers below are dax brokers. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more dax brokers that accept dax clients.

Broker IC Markets Roboforex XTB XM Pepperstone AvaTrade FP Markets EasyMarkets SpreadEx FXPro Admiral
Rating
Regulation Seychelles Financial Services Authority (FSA) (SD018) RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) Financial Conduct Authority (FCA) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073)
Min Deposit 200 10 No minimum deposit 5 No minimum deposit 100 100 25 No minimum deposit 100 1
Funding
  • Bank transfer
  • Credit Card
  • Paypal
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  • Paypal
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  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 200,000+ 730,000+ 1,000,000+ 10,000,000+ 400,000+ 400,000+ 200,000+ 250,000+ 60,000+ 7,800,000+ 30,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • ECN account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Demo account
  • Mini account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
Platforms MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
icmarkets
Sign Up with
roboforex
Sign Up with
xtb
Sign Up with
xm
Sign Up with
pepperstone
Sign Up with
avatrade
Sign Up with
fpmarkets
Sign Up with
easymarkets
Sign Up with
spreadex
Sign Up with
fxpro
Sign Up with
admiralmarkets
Risk Warning Losses can exceed deposits Losses can exceed deposits 69% - 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 75-95 % of retail investor accounts lose money when trading CFDs 71% of retail investor accounts lose money when trading CFDs with this provider Losses can exceed deposits Your capital is at risk Losses can exceed deposits 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider Losses can exceed deposits
Demo IC Markets
Demo
Roboforex
Demo
XTB
Demo
XM
Demo
Pepperstone
Demo
AvaTrade
Demo
FP Markets
Demo
easyMarkets
Demo
SpreadEx
Demo
FxPro
Demo
Admiral Markets
Demo
Excluded Countries US, IR, CA, NZ, JP AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH US, IN, PK, BD, NG , ID, BE, AU US, CA, IL, IR AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET BE, BR, KP, NZ, TR, US, CA, SG US, JP, NZ US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE US, TR US, CA, IR US, CA, JP, SG, MY, JM, IR, TR


All Dax brokers in more detail

You can compare Dax 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 Dax Brokers for 2025 article further below. You can see it now by clicking here

We have listed top Dax brokers below.

DAX Index Brokers for Trading Online List

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 200000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Seychelles Financial Services Authority (FSA) (SD018)
Roboforex
(4/5)
Min deposit : 10
Roboforex was established in 2009 and is used by over 730000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 1000000+ traders. 69% - 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19)
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 10000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XM offers Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account XM Swap-Free account (XM Ultra Low Account) VIP account
Regulated by Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd
Pepperstone
(4/5)
Min deposit : 0
Pepperstone was established in 2010 and is used by over 400000+ traders. 75-95 % of retail investor accounts lose money when trading CFDs Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account Pro Account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217
AvaTrade
(4/5)
Min deposit : 100
AvaTrade was established in 2006 and is used by over 400000+ traders. 71% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading . Cryptocurrency availability with AvaTrade is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA)
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 200000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs, Bonds.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130)
EasyMarkets
(4/5)
Min deposit : 25
easyMarkets was established in 2001 and is used by over 250000+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto. Cryptocurrency availability with easyMarkets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018)
SpreadEx
(4/5)
Min deposit : 0
SpreadEx was established in 1999 and is used by over 60000+ traders. Losses can exceed deposits SpreadEx offers Forex, CFDs, and spread betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835)
FXPro
(4/5)
Min deposit : 100
FxPro was established in 2006 and is used by over 7800000+ traders. 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider FxPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120)
Admiral
(3/5)
Min deposit : 1
Admiral Markets was established in 2001 and is used by over 30000+ traders. Losses can exceed deposits Admiral Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073)

Learn more Learn more about IC Markets.
Losses can exceed deposits
TRADE NOW Try IC Markets today
Losses can exceed deposits