We found 11 online brokers that are appropriate for Trading German Forex Platforms.
Germany has managed to establish a strong and healthy economy, owing in part to the few economic issues faced over the years. As the financial sectors in Germany continue to develop, the Forex trading industry also evolves alongside the economic circumstances. However, while traders might note tha there is no legal authority for trading in the Forex in Germany, the brokers based locally are authorized.
While Germany has built a business-friendly environment, regulation is also important as it provides secure conditions to market traders and brokers. Today, Germans are permitted to join the Forex market without any restrictions since the market is liberalised. Still, it can be seen that the set of laws that builds the Forex market is very rigid.
To trade legally in Germany, CFD and Forex brokers are required to be authorized by the local regulatory system of the Federal Financial Supervisory Authority known as the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin). Also, they need to be licensed in other regions, as long as it is located within EEA as permitted by MiFID 2004/39/EC.
BaFin authorizes Forex brokers only after they have met specific conditions. A company interested in providing Forex and financial trading services to the citizens of Germany must have enough capital. This capital should not be received on credit but freely accessible. Financial services bodies that assist their clients in trade using financial instruments must possess a capital of at least €125,000. Companies that sell and purchase financial instruments for their accounts also need to have a minimum capital of €730,000.
Since Germany is among the EU members, it follows the laws laid down by the ESMA. ESMA implemented marketing restrictions and leverage for Forex and CFD in 2018. Following the new rules, the maximum leverage permitted when trading non-major pairs is 20:1, whereas the maximum leverage for major currency pairs is 30:1. The restrictions of leverage for cryptocurrencies, commodities, CFDs on equities and more are lower.
Also, other incentives and bonuses used to trade CFDs are generally banned. Brokers are required to apply negative balance protection to prevent the rate of loss. Under the EEA agreement and MiFID derivative, CFD and Forex brokers can offer trading services online without the need of any physical office.
The regulating agency of the online trading industry in Germany is known as BaFin. It was established in 2012 to manage the financial markets in Germany. It monitors financial providers, such as Forex operators, insurance firms, and banking institutions. It should be noted that BaFin does not operate in the same way as regulators in other regions. The federal government is not subsidized but instead, funds itself via the license fees collected from financial agencies that it monitors. BaFin ensures the growth of the financial industry in Germany via supervision of the following industries:
In Germany, trading Forex is legal and governed by the BaFin agency. As a result of the EU's goal to bring together the Eurozone, regulated Forex brokers in other EU states may offer services to German traders. This means that a German trader can trade safely with any broker that follows MiFID. MiFID is legislation that deals with all trades that occur in the Eurozone. A citizen of Germany interested in trading should search for brokers licensed in the EU or a MiFID compliant broker. Some examples of legitimate licences include the FCA in the UK, SMFSA in Switzerland, CySEC in Cyprus, and more.
Germany possesses the most advanced banking industry which is also among the biggest banking sectors worldwide. All primary payment methods are available to German traders, such as mobile payment apps, credit cards, e-wallets, online banking services. However, it is favourable for traders in Germany to ensure that the CFD and Forex broker can process withdrawals and deposits, and accepts preferred payment methods in Euro.
Fortunately, all primary online Forex brokers have applied for the Euro as their base currency. This means that German clients do not need to pay extra fees for currency exchange each time they add capital into their trading account balances. For several traders around Germany, online banking is the still the safest method to withdraw money and add capital to their trading accounts. Payment methods accepted overseas are MasterCard and Visa, which can be found on most Forex brokers' websites.
Also, services like Sofortüberweisung, which means instant bank transfer, is fairly well-known by traders in Germany. Sofort permits traders to move funds instantly to and from their bank accounts in a reliable and secure way.
Overall, Forex trading conditions in Germany are very favourable due to the various options that traders are able to choose from. Given that Germany is part of the Eurozone, this enables traders to also leverage on platforms that are available outside of Germany. Furthermore, the strict regulations that Germany Forex brokers are required to abide by make the trading environment safer for many traders. The fact that the Euro is becoming the base currency for many online Forex brokers also makes it easier for German traders to cut any unnecessary losses that might occur during conversion. Therefore, traders in Germany looking to enter the Forex market should be encouraged to do so as long as they have sufficient capital and knowledge of the industry.
We have conducted extensive research and analysis on over multiple data points on Forex Germany to present you with a comprehensive guide that can help you find the most suitable Forex Germany. Below we shortlist what we think are the best German Forex Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Forex Germany.
Selecting a reliable and reputable online German Forex Platforms 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 German Forex Platforms more confidently.
Selecting the right online German Forex Platforms 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.
When choosing a broker for German Forex Platforms trading, it's essential to compare the different options available to you. Our German Forex Platforms 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 German Forex Platforms broker that best suits your needs and preferences for German Forex Platforms. Our German Forex Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top German Forex Platforms.
Compare German Forex Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a German Forex Platforms broker, it's crucial to compare several factors to choose the right one for your German Forex Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are German Forex Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more German Forex Platforms that accept German Forex Platforms clients.
Broker |
IC Markets
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Roboforex
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eToro
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XTB
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XM
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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SpreadEx
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FXPro
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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) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | 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) |
Min Deposit | 200 | 10 | 50 | No minimum deposit | 5 | No minimum deposit | 100 | 100 | 25 | No minimum deposit | 100 |
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Used By | 200,000+ | 730,000+ | 35,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 7,800,000+ |
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Accounts |
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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 | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | 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) |
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Up with fxpro |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 61% of retail investor accounts lose money when trading CFDs with this provider. | 69% - 80% 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 | 65% of retail CFD accounts lose money | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro 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 | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, | 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 |
You can compare German Forex Platforms 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 German Forex Platforms for 2025 article further below. You can see it now by clicking here
We have listed top German Forex Platforms below.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% 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.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
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