Forex brokers in Germany
Which brokers hold a local licence in Germany, which international brokers accept residents, and what to check first.
German residents can use brokers authorised by BaFin or by any other EEA regulator that passports into Germany. EU-wide rules cap retail leverage at 30:1 on major currency pairs and require negative balance protection.
What to check first
Confirm the entity on BaFin’s company database or on the home regulator’s register. Check which compensation scheme applies; it depends on the country where the entity is authorised, not on where you live.
Local regulator: BaFin, CySEC, CBI, KNF, Danish FSA, CSSF, EFSA, MFSA
Brokers licensed in Germany
| Broker | Trust Score | Your entity & regulator | Min. deposit | Platforms | |
|---|---|---|---|---|---|
| 1 CMC Markets Since 1989 · LSE: CMCX | 91/99 | BaFin #154814 CMC Markets Germany GmbH | $0 | Own platform, MetaTrader 4, TradingView | Review Visit CMC MarketsOfficial site · we earn no commission here |
| 2 IG Since 1974 · LSE: IGG | 89/99 | BaFin #148759 IG Europe GmbH | — | Own platform, MetaTrader 4, TradingView | Review Visit IGOfficial site · we earn no commission here |
| 3 Pepperstone Since 2010 | 83/99 | BaFin #151148 Pepperstone GmbH | $0 | MetaTrader 4, MetaTrader 5, cTrader, TradingView | Review Visit PepperstoneOfficial site · we earn no commission here |
| 4 FOREX.com Since 2001 · NASDAQ: SNEX (parent) | 80/99 | CySEC #400/21 StoneX Europe Ltd | $100 | Own platform, MetaTrader 4, MetaTrader 5, TradingView | Review Visit FOREX.comOfficial site · we earn no commission here |
| 5 Interactive Brokers Since 1978 · NASDAQ: IBKR | 80/99 | CBI #C423427 Interactive Brokers Ireland Limited | $0 | Own platform, TradingView | Review Visit Interactive BrokersOfficial site · we earn no commission here |
| 6 Plus500 Since 2008 · LSE: PLUS | 80/99 | CySEC #250/14 Plus500CY Ltd | $100 | Own platform | Review Visit Plus500Official site · we earn no commission here |
| 7 Swissquote Since 1996 · SIX: SQN | 78/99 | CSSF Swissquote Bank Europe SA | $1,000 | MetaTrader 4, MetaTrader 5, Own platform | Review Visit SwissquoteOfficial site · we earn no commission here |
| 8 Saxo Since 1992 | 76/99 | Danish FSA #1149 Saxo Bank A/S | $0 | Own platform, TradingView | Review Visit SaxoOfficial site · we earn no commission here |
| 9 eToro Since 2007 · NASDAQ: ETOR | 74/99 | CySEC #109/10 eToro (Europe) Ltd | $50 | Own platform | Review Visit eToroOfficial site · we earn no commission here |
| 10 OANDA Since 1996 | 72/99 | MFSA OANDA Europe Markets Ltd | $0 | Own platform, MetaTrader 4, MetaTrader 5, TradingView | Review Visit OANDAOfficial site · we earn no commission here |
| 11 AvaTrade Since 2006 | 68/99 | CBI #C53877 AVA Trade EU Ltd | $100 | MetaTrader 4, MetaTrader 5, Own platform | Review Visit AvaTradeOfficial site · we earn no commission here |
| 12 XTB Since 2002 · WSE: XTB | 68/99 | KNF XTB S.A. | $0 | Own platform | Review Visit XTBOfficial site · we earn no commission here |
| 13 Admirals Since 2001 | 66/99 | CySEC #201/13 Admirals Europe Ltd | $100 | MetaTrader 4, MetaTrader 5 | Review Visit AdmiralsOfficial site · we earn no commission here |
| 14 ThinkMarkets Since 2010 | 66/99 | CySEC #215/13 TF Global Markets (Europe) Ltd | $0 | MetaTrader 4, MetaTrader 5, TradingView, Own platform | Review Visit ThinkMarketsOfficial site · we earn no commission here |
| 15 Eightcap Since 2009 | 64/99 | CySEC #246/14 Eightcap EU Ltd | $100 | MetaTrader 4, MetaTrader 5, TradingView | Review Visit EightcapOfficial site · we earn no commission here |
| 16 Capital.com Since 2016 | 62/99 | CySEC #319/17 Capital Com SV Investments Limited | $20 | Own platform, MetaTrader 4, TradingView | Review Visit Capital.comOfficial site · we earn no commission here |
| 17 HFM Since 2010 | 60/99 | CySEC #183/12 HF Markets (Europe) Ltd | $0 | MetaTrader 4, MetaTrader 5, Own platform | Review Visit HFMOfficial site · we earn no commission here |
| 18 FP Markets Since 2005 | 58/99 | CySEC #371/18 First Prudential Markets Ltd | $100 | MetaTrader 4, MetaTrader 5, cTrader, TradingView | Review Visit FP MarketsOfficial site · we earn no commission here |
| 19 FxPro Since 2006 | 58/99 | CySEC #078/07, FSCA #45052 FxPro Financial Services Ltd | $100 | MetaTrader 4, MetaTrader 5, cTrader, Own platform | Review Visit FxProOfficial site · we earn no commission here |
| 20 XM Since 2009 | 58/99 | CySEC #120/10 Trading Point of Financial Instruments Ltd | $5 | MetaTrader 4, MetaTrader 5 | Review Visit XMOfficial site · we earn no commission here |
| 21 FBS Since 2009 | 56/99 | CySEC #331/17 Tradestone Ltd | $5 | MetaTrader 4, MetaTrader 5, Own platform | Review Visit FBSOfficial site · we earn no commission here |
| 22 IC Markets Since 2007 | 56/99 | CySEC #362/18 IC Markets (EU) Ltd | $200 | MetaTrader 4, MetaTrader 5, cTrader, TradingView | Review Visit IC MarketsOfficial site · we earn no commission here |
| 23 Tickmill Since 2014 | 56/99 | CySEC #278/15 Tickmill Europe Ltd | $100 | MetaTrader 4, MetaTrader 5, TradingView | Review Visit TickmillOfficial site · we earn no commission here |
| 24 Octa Since 2011 | 50/99 | CySEC #372/18 Octa Markets Cyprus Ltd | $25 | MetaTrader 4, MetaTrader 5, Own platform | Review Visit OctaOfficial site · we earn no commission here |
Trust Score and regulator are shown for the legal entity that serves your country. Change country at the top of the page.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The majority of retail investor accounts lose money when trading CFDs; each provider publishes its own percentage. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.