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HomeForexCountries
Germany
Regulated

Best Forex Brokers in Germany

Last updated May 3, 2026

Europe • 38 brokers available

38
Brokers
Key Regulator
BaFin
Lowest Min. Deposit
$0
Active Regulators
42 regulators

BaFin-supervised brokers and CySEC firms passporting into Germany dominate the local market. ESMA leverage rules apply (30:1 majors).

Top Germany Forex Brokers

38 brokers

IG

Trending
FCA, ASIC
4.8/ 5

IG invented spread betting in 1974 and remains the benchmark for experienced UK and European traders: unmatched market breadth, a genuinely excellent proprietary platform, and regulatory credibility that few brokers can match - at the cost of slightly higher charges than specialist ECN desks.

Min. deposit: No minimum

Spreads from 0.6 pips

Up to 30:1

Read Review

IC Markets

ASIC, CySEC
4.7/ 5

True ECN routing with raw 0.0 pip spreads on majors plus commission, deep liquidity, and the cleanest MT4 / MT5 / cTrader stack we test.

Min. deposit: $200

Spreads from 0 pips

Commission: $7/lot

Up to 500:1

Read Review

Saxo Bank

Trending
FCA, ASIC
4.7/ 5

Danish-licensed bank with the deepest multi-asset coverage we cover, premium SaxoTraderGO/PRO platforms, and tiered pricing for active traders.

Min. deposit: No minimum

Spreads from 0.6 pips

Up to 30:1

Read Review

Pepperstone

FCA, ASIC
4.7/ 5

Multi-regulated Australian ECN-style broker with fast execution, MT4 / MT5 / cTrader / TradingView and a strong active-trader rebate program.

Min. deposit: No minimum

Spreads from 0 pips

Commission: $7/lot

Up to 500:1

Read Review

Interactive Brokers

Trending
SEC, FINRA
4.6/ 5

Listed broker with global market access, lowest financing rates we benchmark, and the powerful TWS workstation.

Min. deposit: No minimum

Spreads from 0.2 pips

Commission: $2/lot

Up to 50:1

Read Review

OANDA

NFA, FCA
4.6/ 5

NFA- and FCA-regulated with strong US/UK coverage, transparent historical pricing, and excellent research.

Min. deposit: No minimum

Spreads from 1 pips

Up to 50:1

Read Review

FP Markets

ASIC, CySEC
4.5/ 5

True ECN pricing, all three major platforms, strong ASIC regulation, and IRESS integration for share CFDs - a complete package for active traders.

Min. deposit: $100

Spreads from 0 pips

Commission: $6/lot

Up to 500:1

Read Review

CMC Markets

FCA, ASIC
4.5/ 5

FCA-regulated and LSE-listed with one of the best proprietary platforms in retail FX and CFDs.

Min. deposit: No minimum

Spreads from 0.7 pips

Up to 30:1

Read Review

XTB

FCA, CySEC
4.5/ 5

LSE- and WSE-listed broker with strong European regulation, a genuinely excellent proprietary platform, and one of the most competitive fee structures in retail forex - especially for stock CFD and ETF traders.

Min. deposit: No minimum

Spreads from 0.8 pips

Up to 500:1

Read Review

AvaTrade

ASIC, FSCA
4.4/ 5

Heavily regulated across 6+ jurisdictions with a unique AvaOptions platform for vanilla options trading and strong educational content.

Min. deposit: $100

Spreads from 0.9 pips

Up to 400:1

Read Review

Blueberry Markets

ASIC, VFSC
4.3/ 5

Pure ASIC-regulated ECN broker with raw spreads from 0.0 pips and a $8 round-turn commission on the Direct account - a straightforward professional-grade execution desk without the marketing overhead of larger brokers.

Min. deposit: $100

Spreads from 0 pips

Commission: $8/lot

Up to 500:1

Read Review

Admirals

FCA, ASIC
4.3/ 5

Multi-regulated broker with extensive account range, competitive Zero account spreads, strong EU regulation and quality webinar and education content.

Min. deposit: $100

Spreads from 0.5 pips

Commission: $6/lot

Up to 500:1

Read Review

ADS Securities

FSRA, FCA
4.3/ 5

UAE-headquartered broker regulated by FSRA (Abu Dhabi Global Market) and FCA, providing institutional-quality execution and capital markets access to GCC institutional and high-net-worth retail traders.

Min. deposit: $2,000

Spreads from 0.5 pips

Up to 200:1

Read Review

Tickmill

FCA, CySEC
4.3/ 5

Among the lowest commissions available at $6 round-turn on Pro accounts, with strong FCA, CySEC, and FSCA regulation and transparent execution.

Min. deposit: $100

Spreads from 0 pips

Commission: $6/lot

Up to 1000:1

Read Review

ActivTrades

FCA, CMVM
4.3/ 5

FCA-regulated UK broker with 23 years of history, SMSG membership, and a proprietary ActivTrader platform featuring built-in volatility protection - strong in southern European markets.

Min. deposit: No minimum

Spreads from 0.5 pips

Up to 400:1

Read Review

FxPro

FCA, CySEC
4.3/ 5

Multi-platform broker with FCA and CySEC regulation, offering all four major retail platforms and transparent raw ECN pricing.

Min. deposit: $100

Spreads from 1.2 pips

Commission: $7/lot

Up to 500:1

Read Review

Capital.com

FCA, ASIC
4.3/ 5

Very low minimum deposit, AI-powered trading insights, zero commission, and strong FCA/ASIC/CySEC regulation - accessible for new traders.

Min. deposit: $20

Spreads from 0.6 pips

Up to 30:1

Read Review

ThinkMarkets

FCA, ASIC
4.2/ 5

No minimum deposit on standard account, a highly rated ThinkTrader mobile app, and JFSA regulation for Japanese clients.

Min. deposit: No minimum

Spreads from 0.4 pips

Commission: $7/lot

Up to 500:1

Read Review

Swissquote

FINMA, FCA
4.2/ 5

Swiss banking heritage with exceptional fund security, the broadest asset range in retail trading, and FINMA oversight - though minimum deposits are high.

Min. deposit: $1,120

Spreads from 1.7 pips

Up to 100:1

Read Review

Global Prime

ASIC, VFSC
4.2/ 5

ASIC-regulated NDD/ECN broker with raw spreads from 0.0 pips and one of the most transparent execution reports in retail forex - a strong choice for active traders who prioritise verified execution quality over marketing.

Min. deposit: $200

Spreads from 0 pips

Commission: $7/lot

Up to 500:1

Read Review

FXOpen

FCA, CySEC
4.2/ 5

Triple-regulated ECN specialist (FCA, CySEC, ASIC) and early cTrader adopter with one of the lowest commission structures in retail ECN - $1.5 per side per lot - making it highly cost-effective for active traders.

Min. deposit: $100

Spreads from 0 pips

Commission: $3/lot

Up to 500:1

Read Review

FXTM

CySEC, FCA
4.2/ 5

CySEC and FCA-regulated broker with broad emerging-market reach, strong copy trading via MyFXBook integration, and a low $10 minimum deposit that makes it accessible to first-time traders.

Min. deposit: $10

Spreads from 1.5 pips

Up to 1000:1

Read Review

Forex.com

NFA, CFTC
4.2/ 5

One of very few brokers accepting US retail forex clients, with deep research tools and competitive raw spreads for professional accounts.

Min. deposit: $100

Spreads from 1 pips

Commission: $7/lot

Up to 50:1

Read Review

ATFX

FCA, CySEC
4.2/ 5

FCA and CySEC-regulated broker with a fast-growing global footprint, 300+ instruments on MT4, and a strong presence in the UAE and Asian markets - built on institutional backing and multi-regional regulation.

Min. deposit: No minimum

Spreads from 1.8 pips

Up to 400:1

Read Review

eToro

FCA, CySEC
4.2/ 5

Best-in-class social and copy trading on a clean proprietary web/mobile platform. FCA / CySEC / ASIC regulated.

Min. deposit: $50

Spreads from 1 pips

Up to 30:1

Read Review

HFM

FCA, CySEC
4.1/ 5

No minimum deposit required, high leverage on offshore entity, and copy trading via HFcopy - with FCA, CySEC, and FSCA regulation.

Min. deposit: No minimum

Spreads from 0 pips

Commission: $6/lot

Up to 2000:1

Read Review

FXCM

FCA, ASIC
4.1/ 5

Veteran FCA-regulated broker with strong API support, MT4, and the proprietary Trading Station platform.

Min. deposit: $50

Spreads from 0.4 pips

Up to 400:1

Read Review

Moneta Markets

ASIC, FSCA
4.1/ 5

Multi-regulated broker with ASIC, FSCA, and FSA Seychelles licences, offering competitive raw ECN conditions and a proprietary platform alongside MT4 and MT5 - growing presence in Africa and Asian markets.

Min. deposit: $50

Spreads from 0 pips

Commission: $6/lot

Up to 1000:1

Read Review

Deriv

MFSA, VFSC
4.1/ 5

Veteran retail broker with MFSA, VFSC, FSC BVI, and LFSA licensing, best known for synthetic indices - volatility-simulated instruments that trade around the clock - alongside a standard forex and CFD offering.

Min. deposit: $5

Spreads from 0.5 pips

Up to 1000:1

Read Review

Skilling

CySEC, FCA
4.1/ 5

Modern Swedish-founded broker with CySEC and FCA regulation, a visually polished proprietary platform, and cTrader for advanced traders - well-positioned for EU retail clients seeking a contemporary alternative to legacy MetaTrader brokers.

Min. deposit: $100

Spreads from 0.7 pips

Up to 500:1

Read Review

NAGA

BaFin, CySEC
4.0/ 5

BaFin-regulated German-headquartered social trading broker with a purpose-built copy trading ecosystem - NAGA Trader merges a social feed, ranked traders, and one-click copy into a single platform.

Min. deposit: $50

Spreads from 0.7 pips

Up to 400:1

Read Review

Windsor Brokers

CySEC, FSCA
4.0/ 5

One of the longest-operating CySEC-regulated brokers, offering standard and ECN accounts on MT4 and MT5 - a solid EU retail offering backed by a track record few Cyprus-based competitors can match.

Min. deposit: $100

Spreads from 0 pips

Commission: $8/lot

Up to 500:1

Read Review

ACY Securities

ASIC, FSA Seychelles
4.0/ 5

ASIC-regulated Australian broker with broad 2,200+ instrument coverage, TradingView integration, and raw ECN accounts - stronger on instrument breadth than on brand recognition.

Min. deposit: $50

Spreads from 0 pips

Commission: $7/lot

Up to 500:1

Read Review

GO Markets

ASIC, CySEC
4.0/ 5

True ECN pricing, three platform options, and ASIC regulation - a solid choice for Australian traders though with a higher minimum deposit than peers.

Min. deposit: $200

Spreads from 0 pips

Commission: $5/lot

Up to 500:1

Read Review

RoboForex

IFSC, CySEC
4.0/ 5

IFSC Belize-regulated broker with a genuine ECN/STP execution model, multiple platform options including cTrader, and a broad 12,000+ instrument range that goes beyond most forex-focused competitors.

Min. deposit: $10

Spreads from 0 pips

Commission: $20/lot

Up to 2000:1

Read Review

Plus500

FCA, ASIC
4.0/ 5

LSE-listed with zero commission, intuitive proprietary platform, and negative balance protection - though limited research and no MT4.

Min. deposit: $100

Spreads from 0.6 pips

Up to 30:1

Read Review

TMGM

VFSC, ASIC
4.0/ 5

ASIC-regulated Australian broker with 10,000+ instruments including DMA equities, well-positioned for Asian traders who want Australian regulatory standards alongside a broad asset range.

Min. deposit: $100

Spreads from 0 pips

Commission: $7/lot

Up to 500:1

Read Review

easyMarkets

CySEC, ASIC
3.9/ 5

Fixed spreads, unique risk management tools (dealCancellation, freeze rate), and a very low $25 minimum deposit make easyMarkets accessible for risk-averse traders.

Min. deposit: $25

Spreads from 0.7 pips

Up to 400:1

Read Review

Related guide

German traders are protected by BaFin and the EU’s MiFID II framework — 30:1 leverage caps on major pairs, mandatory negative balance protection, and up to €20,000 in investor compensation. Here is what that means before you deposit.

Forex Trading in Germany: BaFin Regulation Explained

Other Europe Countries

Albania
Albania
1 brokers
Andorra
Andorra
1 brokers
Austria
Austria
26 brokers
Belarus
Belarus
4 brokers

Frequently Asked Questions

Forex trading is regulated in Germany. The country currently has 38 brokers operating under its regulatory framework. Always verify a broker's licence with the BaFin before depositing funds.

Look for brokers regulated by the BaFin or a Tier 1 regulator such as the FCA or ASIC. Compare spreads, leverage caps, available instruments, and customer support in your language. Our list above is sorted by overall rating to help you shortlist quickly.

Regulated brokers under the BaFin are required to segregate client funds from company funds and participate in investor compensation schemes where applicable. Always check the broker's regulatory status and read the terms before depositing.

Leverage limits vary by jurisdiction. Under BaFin rules, traders in Germany are subject to local leverage restrictions, capped at 1:30 for major pairs. Check the specific broker's terms for the leverage available to residents of Germany.

Yes. Most brokers available in Germany offer iOS and Android apps compatible with platforms such as MetaTrader 4, MetaTrader 5, and cTrader. Look for brokers that list "Mobile Trading" as a key feature.

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