Top German Brokers for 2024
We found 11 online brokers that are appropriate for Trading German.
Best German Brokers Guide
Analysis by Andrew Blumer, Updated and fact checked by Senad Karaahmetovic, Last updated - April 26, 2024
Germany Financial Markets
German Brokers
German brokers or Deutschland brokers are financial institutions that help you buy and sell local and international investments like stocks, indices, commodities, ETFs, CFDs and cryptocurrency from Germany. They act as middlemen between you and the stock exchange or other investment marketplaces.
If you looking to start investing and are looking for the best brokers in Germany, you will find this article very useful. We will discuss what you should look out for when deciding upon which German brokers like available financial instruments to German traders, regulation, funding and withdrawals, German customer service options and of course trading fees and trading leverage available to traders in German residents.
Best German brokers
German brokerages play important role in your trading. More brokerage fees or commissions mean good a portion of your profit will be eaten away. So, look for German brokers who charge competitive fees and commissions. Fast order execution speeds and a wide range of tradable financial instruments and financial regulation is also a must with any German brokerage.
The best broker accounts for trading in Germany don't necessarily need to have an office in Germany or be based there. In the internet age, you may find that a broker with good regulation may offer you a better deal and be safe if not safer for some German traders.
IC Markets
IC Markets stands out for traders in Germany with its state-of-the-art trading infrastructure that guarantees minimal latency and fast execution speeds, essential for the fast-paced trading environment. With platforms like MT4, MT5, and cTrader, German traders can enjoy a seamless trading experience with an average execution speed of just 40ms. The broker's commitment to tight spreads across a variety of financial instruments, including popular markets such as Forex and cryptocurrencies, makes it an excellent choice for German traders looking for competitive trading conditions.
RoboForex
RoboForex is a prime choice for traders in Germany seeking flexible trading conditions and competitive fees. Its offer of high leverage and spreads starting at zero is particularly attractive for maximizing trading efficiency. The platform’s compatibility with MT4 and MT5 ensures that German traders can enjoy a user-friendly trading experience, whether they are trading from home or on the go. RoboForex's commitment to providing high leverage options and rapid execution makes it a suitable broker for German traders looking to capitalize on market movements swiftly.
eToro
eToro offers a unique value proposition to German traders through its social trading platform, allowing them to follow and copy the trades of successful investors. With a large user base, eToro provides German traders with access to a diverse trading community, making it an excellent platform for those who value community insights and a user-friendly interface. The regulation by CySEC and the FCA ensures a high level of safety and reliability, making eToro a trusted platform for traders in Germany.
XTB
XTB is an exceptional choice for German traders who prioritize in-depth market analysis and education. The broker's comprehensive suite of research tools and educational resources is perfect for traders at any level, from beginners to experienced professionals. With strong regulatory oversight from the FCA and CySEC, XTB offers a secure trading environment that German traders can rely on for a safe and compliant trading experience.
XM
XM stands out for German traders with its emphasis on robust customer support and a wide array of trading instruments. This broker is ideal for those in Germany looking for reliable support and a diverse range of trading options, from Forex to commodities and indices. The regulatory backing by ASIC, CySEC, and IFSC offers a solid foundation of trust and compliance, making XM a safe choice for traders in Germany.
Pepperstone
Pepperstone is highly regarded by traders in Germany for its exceptional customer service and wide range of trading instruments. The broker's commitment to providing a tailored trading experience, backed by FCA and ASIC regulation, ensures a reliable and trustworthy environment for German traders. Whether interested in Forex, commodities, or other asset classes, Pepperstone's diverse offerings meet the varied needs of Germany's trading community.
AvaTrade
AvaTrade is particularly suited to German traders looking for flexibility and community-driven trading. Its range of funding and withdrawal options, along with innovative platforms like AvaTradeGo and AvaSocial, offer a convenient and collaborative trading experience. The broker's focus on community and cost-efficient trading, with a wide selection of instruments and a commission-free structure, make AvaTrade an attractive option for traders in Germany.
FP Markets
FP Markets caters to German traders by blending advanced technology with competitive trading conditions. The enhancement of MetaTrader platforms with additional features ensures a high level of trading efficiency, making it an excellent choice for those who demand the best in trading technology. With competitive spreads and a wide range of trading options, FP Markets stands out as a premier broker for German traders seeking to craft sophisticated trading strategies.
Steps to Register a Live Trading Account in Germany
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Choose a Broker
Research and select a broker that operates in Germany and is regulated by the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) or other reputable regulatory authorities like the FCA or CySec. Consider factors such as trading platforms, available instruments, fees, leverage, and customer support.
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Visit the Broker's Website
Navigate to the official website of the chosen broker and look for the option to open a new account, often labeled as 'Open Account', 'Start Trading', 'Register', or something similar.
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Complete the Broker Registration Form
Fill out the registration form with your personal information, such as your name, address, email, phone number, and sometimes tax identification number. Choose the type of trading account you want to open, if there are multiple options. Please note with some financial instruments like crypto some brokers may require bank identification or video call ID verification to buy real crypto assets, due to German law.
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Verify Your Identity and German Residence
Submit the required documents for identity verification, which typically include a valid government-issued photo ID (passport or ID card) and a proof of residence (utility bill or bank statement not older than three months). Some brokers may require additional documentation or information based on regulatory requirements.
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Answer Financial Questions
Complete a questionnaire regarding your financial situation, trading experience, and risk tolerance. This helps brokers comply with the BaFin, FCAm MiFID II regulations and ensure that they offer you suitable products.
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Review and Agree to Terms and Conditions
Carefully read the broker's terms and conditions, privacy policy, and any other relevant agreements. Acknowledge that you understand the risks involved in trading and agree to the terms by signing (usually electronically) the documents.
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Fund Your Account
Once your account is verified, you'll need to deposit funds to start trading. Check the broker's deposit methods and choose the most convenient for you. Be aware of the minimum deposit requirement, which varies between brokers.
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Access the Trading Platform
After funding, you will gain access to the broker's trading platform. You may need to download trading software or you can use a web-based platform, depending on the broker.
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Set Up Trading Tools and Preferences
Customize the trading platform according to your preferences. This may include setting up charts, indicators, and any automated trading systems or expert advisors (EAs). Some brokers offer a demo account where you can practice trading with virtual money before starting to trade live.
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Begin Trading
Start trading by opening and closing positions according to your trading strategy. Always be aware of the risks and use risk management tools like stop-loss orders.
Remember to research and choose a German broker that is reputable and regulated with a major European regulator and available in Germany, and ensure that you understand the risks involved with trading in financial markets. If you're new to trading, it might be helpful to start with a demo account to familiarize yourself with the platform and trading concepts without risking real money.
German Financial System
The German financial system is a complex but important part of the European economy.
Germany's central bank, the Deutsche Bundesbank, plays a crucial role. Before the Euro, it issued the Deutsche Mark and was known for its focus on price stability. Now, it contributes to European Central Bank (ECB) policy and regulates German banks.
Traditionally, German companies relied heavily on bank loans for financing. However, there's a growing trend towards capital markets, with companies issuing stocks and bonds to raise funds. This is making the financial system more diversified.
The German financial system faces challenges like low-interest rates that can squeeze bank profits. Additionally, stricter regulations implemented after the 2008 financial crisis aim to maintain stability and prevent excessive risk-taking by banks.
Overall, the German financial system is known for its stability and focus on long-term relationships between banks and their clients. While it's undergoing some changes, it remains a major player in the European and global financial landscape.
Online Trading in Germany
Online trading is quite popular in Germany as it has one of the strongest currencies in the European regions the EURO. Germany has a number of available trading platforms for investors both domestic and abroad.
German brokers facilitate all activities related to an online trading platform and enforces strict financial regulations to ensure the safety of both institutional and retail investor accounts. Germany is one of the best spots to start online trading whether you are trading from abroad via an online broker or social trading on your own in Germany.
Whether you desire stock trading, Forex trading, or even crypto trading Germany has it all. The region offers several trading opportunities, from trading CFDs to stock trading and even exchange-traded funds. Every German trading platform features top-quality software and offers access to several trading tools and financial markets.
You can invest in Forex or high risk CFDs using trading platforms with the many financially regulated online German brokerage companies that support your desired market and financial instruments.
Why Choose Online Brokers in Germany?
Safety and Regulation:
Germany's financial sector is well-regulated by BaFin, the Federal Financial Supervisory Authority, ensuring investor protection. This is a major advantage for those seeking a secure trading environment.
Tailored to Different Needs:
Experienced traders have the flexibility to navigate various markets. However, online brokers offer a valuable service for beginners and those seeking stability. They simplify access to financial markets like stocks and Forex.
Managing Risk and Profitability:
While online brokers offer advanced tools to potentially increase profits, remember there's no guaranteed return on investment. Success relies on your trading strategy and risk management with your chosen broker.
Look for features like negative balance protection and stop-loss orders to help manage risk and prevent excessive losses.
Finding the Right Broker In Germany:
German brokers offer a variety of financial products, but not all offer everything. Identify your trading interests (e.g., Forex, stocks) and choose a broker that supports them.
Trading Education and Support In German:
Many online brokers available in Germany provide educational resources to help clients learn about unfamiliar financial products.
Fees and Commissions in USD and Euros:
Fees vary, but some brokers offer commission-free trading on specific assets like stocks.
Professional Service:
Reputable online brokers in Germany act as intermediaries, helping investors execute buy and sell orders in live markets.
German Financial Regulation
Regulation is a crucial factor when choosing a German broker. All German brokers must be registered with the Federal Financial Supervisory Authority (BaFin), the country's financial regulator. You can easily verify a broker's registration on the BaFin website. While not mandatory, it's also a positive sign if a German broker is additionally regulated by other major European financial authorities.
Understanding Your Trading Needs with a German Broker
Before choosing a German broker, it's crucial to understand your trading goals. Consider the following:
- Financial Instruments: What do you want to trade? Stocks, currencies (Forex), commodities, or something else?
- Risk Tolerance: How much risk are you comfortable with?
- Trading Style: Do you prefer low-volatility or high-volatility instruments?
Matching Your Needs with a Broker:
Different German brokers cater to different needs. Some specialize in specific instruments, like Forex trading platforms. Others offer multi-asset trading, allowing you to trade various financial products.
Research and Select Your Broker:
- Carefully research each potential broker.
- If you want to trade US stocks, prioritize brokers with a strong selection.
- For Forex trading, look for brokers offering major, minor, and exotic currency pairs.
By understanding your needs and researching brokers, you can choose the best German platform for your trading goals.
Live Trading Account Security in Germany
While Germany has strong financial regulations with BaFin, it's still important to prioritize your live trading account security. Here's what to consider:
- Broker Regulation: Verify your chosen broker's registration with BaFin. This ensures they adhere to strict financial regulations.
- Security Measures: Choose a broker that offers robust security features. Look for two-factor authentication (2FA) and other industry-standard security protocols to protect your account and funds.
Remember, BaFin's regulations focus on overall financial stability, not individual account security. It's your responsibility to choose a broker with strong security measures.
German Online Broker Offerings: Trading Accounts and Instruments
Trading Accounts:
Many German online brokers offer various account types beyond traditional securities accounts. Investigate what accounts your chosen broker provides, such as:
- Retail CFD Accounts: These accounts allow leveraged trading on Contracts for Difference (CFDs), which carry high risks.
Be sure to understand the risks involved before opening a CFD account.
Tradable Financial Instruments:
German online brokers offer a variety of tradable financial instruments. Common options include:
- Stocks
- Forex (foreign exchange like EURO / USD / GBP)
- Indices (US Indices like NASDAQ, SP500 as well as German Indices like the DAX)
- Commodities Like Natural Gas, Gold, Silver
- Exchange-Traded Funds (ETFs) like the Global X DAX Germany ETF
- Some German brokers may also offer cryptocurrencies or other products like leverage CFD trading.
Research each potential broker to determine the specific instruments they support.
Understanding German Online Broker Fees
Fees are an important consideration when choosing a German online broker. Here's what to watch for:
- Commission Fees: Even commission-free stock trading exists in Germany, but it's not universal. Traditional brokers typically charge commissions per trade.
- Account Fees: Some brokers may have monthly or annual account fees.
- Deposit/Withdrawal Fees: Check for fees associated with depositing and withdrawing funds.
- Inactivity Fees: Some brokers charge fees for dormant accounts (with no activity for a set period).
- Currency Conversion Fees: Be aware of potential fees when withdrawing funds in a different currency than your account currency.
By comparing fee structures, you can find a German online broker that aligns with your trading activity and budget.
German Trading Platform Features To Look For
A user-friendly and well-equipped trading platform is essential for successful online trading in Germany. Look for features that support your trading style and help you make informed decisions.
Features to Consider
- Advanced charting and technical analysis tools: These tools allow you to analyze market trends and identify potential trading opportunities.
- Live market data and news feeds: Stay informed about current market conditions and relevant news that could impact your trades.
- Order types and risk management tools: Utilize various order types to control your entries and exits, and employ stop-loss and take-profit orders to manage risk.
- Customizable layouts and watchlists: Personalize your platform workspace for efficient trading by arranging charts, data feeds, and watchlists according to your preferences.
Additional Benefits
While core functionalities are crucial, some platforms offer additional features that can enhance your trading experience:
- Compatibility with various devices (desktop, mobile): Trade from your computer or mobile device for flexibility and convenience.
- Educational resources and tutorials: Gain valuable knowledge and improve your trading skills through educational materials offered by the platform.
Trading Success Factors
It's important to remember that your trading success ultimately depends on your individual strategy, risk management skills, and overall understanding of the financial markets. While a good platform provides valuable tools and resources, the responsibility for making sound trading decisions lies with you.
By researching different German online brokers and their trading platforms, you can find one that aligns with your needs and trading goals, setting you up for a potentially successful online trading experience in Germany.
German Trading Platforms
Before depositing funds with any online broker, German or otherwise, ensure you fully understand their offerings and the associated risks.
German online brokers typically offer various trading platforms, including desktop and mobile versions. Popular platforms like MetaTrader 4 (MT4) and cTrader may be available.
Choose a platform that is user-friendly and provides the market analysis tools and research resources you need to make informed investment decisions.
German Broker Withdrawal Methods
Modern German trading platforms offer various withdrawal methods to suit your needs. These typically include:
- Bank transfers: This is a common and reliable option for withdrawing funds directly to your bank account.
- E-wallets: Popular e-wallets like PayPal, Skrill, and Neteller may be available with some brokers, offering a potentially faster withdrawal process.
It's important to check the specific withdrawal methods and processing times offered by your chosen broker. Some brokers might have limitations on withdrawal methods or minimum withdrawal amounts.
Broker Customer Service in Germany
Reliable customer support is crucial when choosing a German online broker. Look for a broker that offers multiple support channels in German, such as:
- Live chat: Enables quick answers to urgent questions.
- Email support: Provides a detailed way to communicate complex issues.
- Phone support: Offers a personalized touch for resolving intricate problems.
Make sure the broker's customer service hours align with your trading needs.
Other Services Available With German Brokers
Many German brokers offer educational resources to new traders. Additional analysis and research about the market can be done by registering with multiple brokers and utilizing their education resources, many of which are free.
Trading with German Brokers
Germany boasts one of Europe's largest and most active financial markets. Here's an overview of various trading options offered by German brokers:
Stock Trading In Germany
- Frankfurt Stock Exchange: Germany is home to the Frankfurt Stock Exchange (Börse Frankfurt), one of the world's top 12 exchanges with a market capitalization exceeding €1.9 trillion.
- International Stock Access: Many German brokers offer trading on international stock exchanges, including US markets (NASDAQ, S&P 500), UK (FTSE), and Far East/Middle East exchanges.
- Stock Types: German platforms typically support buying and selling standard stocks, CFDs (Contracts for Difference), and fractional shares.
Index Trading In Germany
- Diverse Index Selection: German brokers go beyond the popular DAX index, allowing you to trade on major global indices like S&P 500, Dow Jones, NYSE, NASDAQ, FTSE, Nikkei, CAC 40, and Euro STOXX.
Forex Trading In Germany
- Regulation: Forex trading is legal in Germany but subject to strict BaFin oversight. EU regulations allow other EU member countries' regulated platforms to offer services in Germany with BaFin approval.
- Market Overview: Forex trading is a significant market in Germany, involving the exchange of currencies (e.g., EUR) for profit or loss based on price fluctuations.
Commodities Markets Available To German Traders
- Popular Asset Class: Commodities trading enjoys high popularity in Germany.
- Tradable Commodities: Gold, silver, copper, crude oil, coffee, natural gas, wheat, and cotton are commonly traded commodities.
- Investment Options: German brokers offer various ways to invest in commodities, including holding real commodities (e.g., gold bullion) or trading commodity-based futures, equities, ETFs, or mutual funds.
CFD Leverage Trading in Germany: High Risk, High Reward Potential
Contracts for Difference (CFDs) are complex financial instruments that allow speculation on price movements of various assets like stocks, indices, commodities, and even cryptocurrencies. While CFD trading can be tempting due to the potential for high returns, it's crucial to understand the significant risks involved.
Key Points about CFDs in Germany:
- Leverage: German brokers may offer leverage for CFD trading, which can magnify both profits and losses. Leverage limits are typically between 1:20 and 1:30, depending on the instrument (some financial instruments like crypto are more volatile and higher risk) and broker.
- Negative Balance Protection: A key advantage in Germany is the negative balance protection mandated by BaFin and FCA regulations. This means you cannot lose more than the funds deposited in your account, even if your CFD trades result in significant losses.
- High-Risk: It's essential to remember that CFD trading is inherently risky, and a vast majority (up to 80%) of German CFD traders lose money.
Before considering CFD trading, thoroughly understand the risks involved and ensure it aligns with your risk tolerance. It's highly recommended to gain experience through a demo account before risking real capital.
Cryptocurrency Regulation In Germany
- BaFin's Role: The Federal Financial Supervisory Authority (BaFin) oversees Germany's financial services industry, including cryptocurrency exchanges and digital wallet providers.
- Current Regulations: While BaFin oversees the industry, there are currently no specific regulations governing cryptocurrency usage in Germany.
- Government Monitoring: The German government actively monitors the cryptocurrency sector, acknowledging the need for continued observation.
German Demo Accounts: Practice Makes Perfect
German demo accounts are a valuable tool for new traders. Demo trading accounts do not use real money and are free to use, offering several benefits:
- Risk-Free Experience: Gain experience in the financial markets without risking real capital.
- Platform Exploration: Familiarize yourself with the features and functionalities of a specific German broker's platform.
- Develop Trading Strategies: Test and refine your trading strategies before risking real money.
Here are some things to keep in mind about German demo accounts:
- Virtual Money: Demo accounts typically come with a set amount of virtual funds (e.g., €50,000) to simulate real trading.
- Resetting Balances: The process for resetting a demo account balance might vary, but it often involves contacting the broker's customer support.
By utilizing a German demo account, you can gain valuable knowledge and confidence before transitioning to live trading.
Islamic Finance Options in Germany
Germany offers limited options for Sharia-compliant financial products. Here's what you might find:
- Islamic Banks: A few Islamic banks operate in Germany, such as KT Bank (a subsidiary of a Turkish Islamic bank). These banks offer products that adhere to Islamic banking principles, typically avoiding interest-based earnings and focusing on profit-sharing agreements.
- Islamic-inspired Products: Some conventional German banks might offer financial products or account structures that are designed to be more compatible with Islamic principles. These might include investment products or accounts that avoid interest.
It's important to note that Germany's Islamic finance sector is not as developed as in some other countries. However, the options mentioned above can still be a good starting point for those seeking Sharia-compliant financial products in Germany.
Germany Trading Opportunities
Germany's robust economy presents a compelling environment for traders. Here's why: Strong Economic Powerhouse: Germany boasts the world's fourth-largest economy according to the world economic index. This economic strength translates to a stable and liquid financial market, ideal for trading various assets. Global Trading Hub: As the third-largest exporter globally (after China and the US), Germany plays a significant role in international trade. This interconnectedness offers diverse trading opportunities across various asset classes. While Germany's well-educated population is a positive factor, it doesn't directly translate to trading opportunities. By focusing on Germany's economic strength and its position as a global trading hub, the text provides a clearer picture of the attractive trading environment it offers.
Germany Trading Challenges
As a major player in the European Union, Germany faces some uncertainty following the UK's exit (Brexit). This, combined with the recent war in Ukraine, has contributed to a slowdown in Germany's economic growth. The German Central Bank has warned that rising commodity prices, such as oil and gas, could reduce consumer purchasing power and exacerbate existing supply chain problems for German businesses.
Mobile Trading In Germany
Mobile trading has become the preferred method for many German investors. All major German brokers offer mobile apps, allowing users to trade stocks, forex, and even cryptocurrencies with ease. This convenience is thanks to the widespread availability of smartphones with internet access.
Mobile trading apps provide on-the-go access to your brokerage account. You can monitor live quotes, manage your portfolio, and even execute trades directly from your phone. This flexibility is particularly attractive to busy traders who want to stay connected to the market.
Social trading, where you can copy the trades of experienced investors, is also gaining popularity in Germany. Many German mobile trading apps integrate social trading features, making it easier for beginners to participate in the market.
With user-friendly apps and a growing range of features, mobile trading is making investing more accessible than ever for Germans.
German Brokers Verdict
Germany offers a well-regulated market for investors, with brokers overseen by authorities like BaFin. This can provide peace of mind for those starting out. However, the global economic outlook remains uncertain due to factors like inflation, the aftermath of COVID-19, and fluctuations in crypto and stock markets. This can lead to market volatility, which is important to be aware of when trading.
Germany, particularly the capital Berlin, has been a world financial center for many centuries.
Restructuring and deregulation have transformed the financial sector during the last 3 decades with important changes in the Frankfurt Stock Exchange Die Frankfurter Wertpapierbrse, insurance, banking, shipping, and commodity markets.
Germany known as DE or Deutschland has a number of established reputable financial markets.
The main German securities markets include the Frankfurt Stock Exchange Die Frankfurter Wertpapierbrse which deals in officially listed stocks and shares, government issues, traded options, stock index options, currency options, foreign exchange, futures, metals, gold, silver, agricultural, and other commodities.
The Bundesbank is responsible for issuing monetary policy in Germany.
We have conducted extensive research and analysis on over multiple data points on German Brokers to present you with a comprehensive guide that can help you find the most suitable German Brokers. Below we shortlist what we think are the best german brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching German Brokers.
Trading in Germany
When trading in Germany you will need to chec what your options with your Germany trading broker are.
We list below the various regulated trading account types available to traders in Germany. If you are looking for a trading platform or broker in Germany that are suitable for trading in Forex, CFD's, indices, stocks, and ETFs, Cryptocurrencies (availability subject to regulation) or commodity markets; this Germany broker guide will explain the things you should check and be aware of before you invest.
Forex Trading in Germany
You've probably noticed how Forex trading is really taking off in Germany, right? Over the past half-dozen years or so, the trading volume in Germany has been on a steady climb. It's like everyone in Germany is getting in on the action. But traders in Germany must understand the risks.
Across the world $7.5 trillion USD in volume is traded every single day. Commodities global trading volume is around $380 million USD a day. Global stock markets trading volume is around 460 million USD a day.
Modern software, more affordable mobile devices in Germany and higher internet uptake in Germany has increased competition for new trading clients among brokerages in Germany, which has opened Forex trading to a new audience.
Is Forex Trading Legal in Germany?
There's this common myth floating around that diving into Forex trading in Germany is illegal, this is not the case, but Forex trading in Germany is risky. Forex trading in Germany is not a get rich quick scheme, you will be competing with people not just in Germany, but all over the world. The key, though, is to be smart about it. You have to choose a broker in Germany that's not just reputable but also strictly regulated and allowed to offer services to traders in Germany.
Trading in Forex is allowed in Germany as businesses dealing internationally must exchange currency. Forex is an integral part of import and export in Germany and investing internationally. Germany Forex trading is not banned, their are many top-notch international online brokers available to traders in Germany offering regulated trading environments.
Do Forex Traders Pay Tax in Germany?
Once a traders profits reach a level where the income on the Forex trading can be taxed in Germany the trader should make sure all taxes owed for a financial year are paid. Just a heads up about the tax situation here in Germany. You've must file taxes in Germany even if the markets chewed you up and you spat out losses this year. Also in Germany you can't claim any trading losses against your personal income taxes, unfortunately. Don't just wing it - get yourself some solid advice from a qualified tax pro in Germany who knows the ins and outs of the tax labyrinth in Germany. In Germany, Islamic accounts are not restricted.
Cryptocurrencies in Germany
Here in Germany, the crypto scene is still pretty new, and cryptocurrency in Germany is getting more and more tangled up in the local financial regulatory rule in Germany. The thing about cryptos is, they operate on this decentralized model, right? So, unlike our traditional currency markets in Germany, they're not as rattled by interest rate shifts or the political drama in Germany that's always on the news. Crypto in Germany is a different beast altogether.
You know, with the surge of younger traders in Germany, who are not only tech-savvy but also starting to speculate with decent money in Germany, there's a noticeable shift happening in Germany towards the crypto market (which is highly volitle and high risk in Germany). Cryptocurrency traders in Germany contribute to the $20 billion USD worth of Bitcoin is traded daily around the world.
Commodity Trading in Germany
In Germany commodity trading includes the trade in precious metals, energies and agricultural commodities.
Some commodities like metals are seeing exponential growth in Germany since 2002.
Fast growing countries like China and India have been growing rapidly over the last 3 decades. This has meant that countries like China and India have a vast requirement for many basic commodities and raw materials for their populations. Crops to feed people and metal to build infrastructure for example. This means countries like Germany are able to take advantage of this demand.
We list brokers that allow you to trade commodities in Germany here.
Islamic Accounts in Germany
Germany brokers support Islamic accounts or swap-free accounts. Germany Islamic accounts have no rollover interest on overnight positions to comply the Muslim faith. Traders of Islamic faith are forbidden to pay interest. Brokers in Germany offer accounts that are suitable for Islamic traders. These Germany brokers complies with Sharia law.
Benefits of Trading in Germany
Germany economy and population is growing. The middle class population in Germany is increasing which means a growing consumer base. Many business and financial opportunities exist in Germany. Germany has a young population educated in technology and the internet.
Concerns of Trading in Germany
Germany digitisation of financial trading has made it easier to defraud unsuspecting investors across the internet. Make sure the broker you trade with is regulated and passes the checklist in this Germany guide. Educate yourself as much as possible open a demo account if necessary be you open a live trading account.
Learn about leverage when trading. Germany Brokers offering high leverage trades in Germany can mean high profit margins. But this goes both was it can also mean huge losses. There are things like negative balance protection and stop loss accounts which some Germany brokers offer as a level of protection. you can learn more about further below on this guide.
Reputable German Brokers Checklist
Selecting a reliable and reputable online German 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 more confidently.
Selecting the right online German trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
- Ensure your chosen German broker has a solid track record of at least two years in the industry.
- Verify that the German broker has a customer support team of at least 15 members responsive to queries and concerns.
- Check if the German broker operates under the regulatory framework of a jurisdiction that can hold it accountable for any misconduct or resolve disputes fairly and impartially.
- Ensure that the German broker can process deposits and withdrawals within two to three days, which is crucial when you need to access your funds quickly.
- Look for German brokers with an international presence in multiple countries, offering its clients local seminars and training programs.
- Ensure the German broker can hire staff from diverse locations worldwide who can communicate fluently in your local language.
It is not essential that your brokerage is local but they must have regulation from a Tier 1 reputable country. In fact the brokers international regulation could be more reputable than your local region.
When deciding to trade and find a suitable German broker if you wish your broker to be 100% local check they are governed and regulated by the below.
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 German Brokers in Our Brokerage Comparison Table
When choosing a broker for german trading, it's essential to compare the different options available to you. Our german brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
- Minimum deposit requirement for opening an account with each german broker.
- The funding methods available for german with each broker.
- The types of instruments you can trade with each german broker, such as forex, stocks, commodities, and indices.
- The trading platforms each german broker provides, including their features, ease of use, and compatibility with your devices.
- The spread type (if applicable) for each german broker affects the cost of trading.
- The level of customer support each german broker offers, including their availability, responsiveness, and quality of service.
- Whether each german broker offers Micro, Standard, VIP, or Islamic accounts to suit your trading style and preferences.
By comparing these essential features, you can choose a german broker that best suits your needs and preferences for german. Our german broker comparison table simplifies the process, allowing you to make a more informed decision.
Top 15 German Brokers of 2024 compared
Here are the top German Brokers (DE).
Compare german brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a german broker, it's crucial to compare several factors to choose the right one for your german needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are german brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more german brokers that accept german clients.
| Broker |
IC Markets
|
eToro
|
XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
NordFX
|
EasyMarkets
|
SpreadEx
|
FXPro
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Rating | |||||||||||
| locality | IC Markets accept German clients | eToro accept German clients | XTB accept German clients | XM accept German clients | Pepperstone accept German clients | AvaTrade accept German clients | FP Markets accept German clients | NordFX accept German clients | easyMarkets accept German clients | SpreadEx accept German clients | FxPro accept German clients |
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | 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), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | 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), 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), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) |
| Min Deposit | 200 | 100 | No minimum deposit | 5 | 200 | 100 | 100 | 1 | 100 | 1 | 100 |
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| Used By | 180,000+ | 30,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 10,000+ | 142,500+ | 10,000+ | 1,866,000+ |
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| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
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| Learn More |
Sign
Up with icmarkets |
Sign
Up with etoro |
Sign
Up with xtb |
Sign
Up with xm |
Sign
Up with pepperstone |
Sign
Up with avatrade |
Sign
Up with fpmarkets |
Sign
Up with nordfx |
Sign
Up with easymarkets |
Sign
Up with spreadex |
Sign
Up with fxpro |
| Risk Warning | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% 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. 72.89% 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 | 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 |
| Demo |
IC Markets Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
NordFX Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
| Excluded Countries | US, IR, CA, NZ, JP | 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, | 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, CA, EU, RU, SY, KP, CU | 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 |
All German brokers in more detail
You can compare German 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 German Brokers for 2024 article further below. You can see it now by clicking here
We have listed top German brokers below.
German Brokers Table of Contents
- Financial Markets in Germany
- Online Trading in Germany
- Forex Trading in Germany
- Is Forex Trading Legal in Germany
- Do Forex Traders Pay Tax in Germany
- Cryptocurrencies in Germany
- Commodity Trading in Germany
- Islamic Accounts in Germany
- Benefits of Trading in Germany
- Concerns of Trading in Germany
- German Brokers Explained
- 6 Factors to Consider when Choosing German Brokers
- Are Your German Brokers Trusted And Established?
- Are The German Brokers World Leading?
- What are the German Brokers Commissions and Fees?
- What are the German Brokers Funding and Withdrawl Methods?
- Find German Brokers with Round-the-clock support?
- Make sure the German Brokers Offer Comprehensive Trader resources?
- Why German Brokers needs to be regulated?
- German Brokers FAQ
- What are the best German brokers?
- What is the best German broker?
- Is Forex Trading Legal in Germany?
- Do Forex Traders Pay Tax in Germany?
- How do you trade Forex or CFDs in Germany?
- Related German Brokers Reviews
- Related German Brokers Alternatives
- Related German Brokers Comparisons
German Brokers Explained
Trading volatile financial markets with German Brokers can be challenging, even for experienced traders. In addition to the online educational resources available, traders should consider the platform offered by German Brokers to ensure a successful trading experience.
Selecting German Brokers at the forefront of innovation and considered an industry leader is crucial. Doing so will ensure you are equipped with the tools and features to navigate volatile German markets effectively.
Reliability is key to gaining access to financial markets. Look for German Brokers that you can rely on to provide a stable and secure trading environment, allowing you to execute trades with German Brokers confidently.
6 Factors to Consider when Choosing German Brokers
Follow these five rules for selecting German Brokers that are right for you:
Are Your German Brokers Trusted And Established?
Search for a reputable German Brokers with a extensive proven track record for German, enabling you to focus solely on implementing your trading strategy and navigating the markets with confidence. The top rated German broker is IC Markets. Established in 2007, and in operation for 12 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Another top rated broker is eToro.
eToro was established 2007, and in operation for 14 years eToro have a head office in Cyprus, UK.
eToro is regulated. This means eToro are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
| Broker |
IC Markets
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eToro
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XTB
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XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
NordFX
|
|---|---|---|---|---|---|---|---|---|
| Year Established | 2007 | 2007 | 2002 | 2009 | 2010 | 2006 | 2005 | 2008 |
| Head Office | Australia | Cyprus, UK | Poland | Cyprus | Australia | Ireland | Australia | Mauritius |
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | 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), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | 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), 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), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 |
| Used By | 180,000+ | 30,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 10,000+ |
| Negative balance protection | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Guaranteed Stop Loss | No | No | No | No | No | No | No | |
| Learn More | Visit IC Markets | Visit eToro | Visit XTB | Visit XM | Visit Pepperstone | Visit AvaTrade | Visit FP Markets | Visit NordFX |
| Risk Warning | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% 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. 72.89% 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 | Losses can exceed deposits |
Are The German Brokers World Leading?
Opt for German Brokers that set themselves apart as an industry leader by actively embracing innovation. Take IC Markets as an example, which is renowned for Segregates clients funds and boasts an extensive array of 2250 tradable instruments. Moreover, IC Markets caters to the needs of its clients with both an online trading platform and a mobile application, making it incredibly convenient to access the markets from anywhere, at any time.
In addition, the IC Markets platform enables access to a variety of financial markets worldwide. IC Markets 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 German Brokers is eToro. eToro Segregates clients funds and offers over 5000 instruments.
| Broker |
IC Markets
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eToro
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XTB
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XM
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Pepperstone
|
AvaTrade
|
FP Markets
|
NordFX
|
|---|---|---|---|---|---|---|---|---|
| Instruments Available | 2250 | 5000 | 5600 | 1000 | 1200 | 1250 | 290 | 50 |
| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps |
| Excluded Countries | US, IR, CA, NZ, JP | 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, 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, MG, MK, MO, UA, JO, KR, | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | 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, CA, EU, RU, SY, KP, CU |
| Forex pairs offered | 61 | 50 | 57 | 55 | 70 | 55 | 70 | |
| Forex pairs offered | 61 | 50 | 57 | 55 | 70 | 55 | 70 | |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Cryptocurrencies (availability subject to regulation) | Yes | Yes | No | No | Yes | Yes | Yes | Yes |
| Commodities Offered | 20 | 31 | 21 | 15 | 16 | 17 | 18 | 0 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| Agricultural | Yes | Yes | Yes | No | Yes | Yes | Yes | No |
| Stocks Offered | 2100 | 2042 | 1696 | 160 | 1100 | 1000 | 10000 | |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
What are the German Brokers Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated German broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated German broker eToro offers Social Trading, Stocks, Commodities, Indices, Forex (Currencies), CFDs, Cryptocurrency, Exchange Traded Funds (ETF), Index Based Funds. eToro minimum deposit is 100. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
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eToro
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XTB
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XM
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Pepperstone
|
AvaTrade
|
FP Markets
|
NordFX
|
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| Min Deposit | 200 | 100 | 0 | 5 | 200 | 100 | 100 | 1 |
| Withdrawl Fees | No | Yes | varies | No | No | No | No | No |
| Inactivity Fees | No | Yes | Yes | Yes | No | No | No | No |
| Deposit Fees | Varies | No | No | No | No | No | Yes | No |
| CFD Commission Fees | Yes | Yes | Yes | No | Yes | No | Yes | Yes |
What are the German Brokers Funding and Withdrawal Methods?
Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with German Brokers. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with German Brokers.
| Broker |
IC Markets
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eToro
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XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
NordFX
|
|---|---|---|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| Paypal | Yes | Yes | Yes | No | Yes | Yes | Yes | No |
| Skrill | Yes | Yes | Yes | No | Yes | No | Yes | No |
| Payoneer | No | No | Yes | No | Yes | Yes | No | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Find German Brokers with Round-the-clock support?
Effective customer service is an essential factor to consider when dealing with German Brokers.
German Brokers customer service entails various support services to aid customers in making the most cost-effective and appropriate use of the brokers' services.
The customer support options offered by German Brokers can include phone answering services, live chat support, and email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
eToro support a wide range of languages including English, German, Spanish, French, Italian
IC Markets and eToro offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
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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
|
FP Markets
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NordFX
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| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, German, Spanish, French, Italian | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish | English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic | 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, Arabic, Indonesian, Italian, Spanish, French, Russian, Chinese, Japanese, German, Portuguese, Thai, French, Malay, Greek, Vietnamese, Romanian, Turkish, Slovenian, Dutch, Polish, Finnish, Norwegian, Swedish, Serbian, Lithuanian, Hungarian, Galician, Estonian, Danish, Czech, Croatian, Bulgarian, Basque | Indian, Chinese, Arabic, Brazilian, English, Spanish, Russian |
| Learn More | Visit IC Markets | Visit eToro | Visit XTB | Visit XM | Visit Pepperstone | Visit AvaTrade | Visit FP Markets | Visit NordFX |
| Risk Warning | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% 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. 72.89% 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 | Losses can exceed deposits |
Make sure the German Brokers Offer Comprehensive Trader resources?
It's important to ensure your German Brokers provide complimentary resources such as analysis, education, and risk management tools. IC Markets and eToro collaborate with top analysts to bring the most up-to-date news and insights to traders.
Sound risk and money management are vital to financial market navigation with German Brokers. However, selecting the best broker to access the markets is a critical step that traders should not overlook as they embark on trading live financial markets with German Brokers.
Why German Brokers needs to be regulated?
Regulated German Brokers lowers your risk of loss of deposited trading funds.
Lowering your risk is one of the benefits of working with a properly regulated German Brokers.
Consumers are protected by German Brokers regulation, critical to preventing inadequate services and potential financial harm.
Regulation of German Brokers is necessary to prevent fraud. The German Brokers working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with German Brokers is monitored by financial regulators in the jurisdictions brokers are allowed to operate.
German Brokers List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, AndroidCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
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. 76% 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.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
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.
Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic 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 ECN accountIslamic account XM Swap-Free account (XM Ultra Low Account) VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account Pro Account VIP account
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 ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trader, TradingView, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic 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 ECN accountIslamic account VIP account
Learn more
Losses can exceed deposits
Losses can exceed deposits