6 Best Forex Brokers in Germany for 2026
Germany is a major player in European trading. The Frankfurt Stock Exchange, whose opening bell marks the start of the EU trading session, is the largest in the region and one of the largest in the world, alongside London, New York, Tokyo, and others. And trading Forex and CFDs is rapidly gaining popularity in the local trading scene.
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List of Top Forex Brokers in Germany
*AvaTrade doesn’t allow CFD trading in Spain; only Futures are available.
**Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk. Past Performance is not an indication of future results.
Compare All Listed Brokers
| Broker | Score | Fees Score | Min Deposit | Max Leverage | Platforms | Visit Broker |
|---|---|---|---|---|---|---|
 Plus500 | 4.3 | 3.3 | $100 | 1:300 (FSA) 1:30 (ASIC) · 1:30 (FCA) · 1:20 (MAS) · 1:200 (SCB) · 1:30 (DFSA) · 1:30 (EFSA) · 1:30 (CMA UAE) · 1:30 (CySEC) · 1:30 (FSCA) · 1:30 (FMA) | Plus500 Web Platform, Plus500 Mobile App | CFD Service, 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money |
 ActivTrades | 4.3 | 3.4 | $0 | 1:200 (BCB) 1:200 (SCB) · 1:30 (CMVM) · 1:30 (FCA) · 1:1000 (FSCM) · 1:1000 (CMA UAE) | MT5, MT4, ActivTrader, TradingView | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 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. |
 MultiBank Group | 4.5 | 4.0 | $50 | 1:500 (TFG) 1:30 (ASIC) · 1:500 (SCA) · 1:20 (MAS) · 1:30 (BaFin) · 1:30 (CySEC) · 1:500 (BVI FSC) · 1:1000 (CIMA) · 1:30 (FMA) · 1:500 (FSA) · 1:30 (AUSTRAC) · 1:500 (VARA) · 1:500 (VFSC) · 1:500 (FSCM) | MT5, MT4, MultiBank App | All forms of investment carry risk including an investor not recovering the amount invested. These services may not be suitable to all. |
 FxPro | 4.4 | 3.6 | $0 | 1:30 (FCA) 1:200 (SCB) · 1:10000 (FSA) · 1:30 (CySEC) · 1:10000 (FSA) | MT5, cTrader, MT4, FxPro Trading Platform, FxPro Mobile App, TradingView | 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing money. (EU, UK) |
 AvaTrade | 4.5 | 4.2 | $100 | 1:400 (FSCA) 1:400 (ADGM) · 1:30 (ASIC) · 1:200 (BVI FSC) · 1:25 (JFSA) · 1:30 (ISA) · 1:30 (CySEC) · 1:30 (CBI) | AvaOptions, AvaSocial, MT5, Proprietary, MT4, DupliTrade, Ava Web Trader, AvaTrade App | Trading CFDs and FX Options entail risk and could result in the loss of your capital. |
 eToro | 4.2 | 3.0 | - | 1:1 (FINRA) 1:30 (ADGM) · 1:30 (ASIC) · 1:30 (FCA) · 1:400 (FSA) · 1:30 (CySEC) | eToro Platform | 61% of retail CFD accounts lose money. |
How Did I Select the Best Brokers in Germany?
- Local Presence: I considered only FX brokers licensed and regulated to provide services to traders in Germany.
- Localized Support: I only selected brokers whose websites, platforms, and customer support are available in German.
- Powerful Trading Software: I rated higher brokers that offer powerful trading platforms and tools, such as FIX APIs and Virtual Private Server (VPS) hosting.
Without further ado, let’s move to the selected brokers.
Best Overall
- $100Min Deposit
- 2764Tradable Instruments
- HighFees
Why We Picked It
Kicking things off on high gear, I chose Plus500 as my top overall pick for traders in Germany. The broker is renowned for its comprehensive offering, featuring a powerful trading platform, and top-tier market analytics.
Regional Features:
- Entity for German Clients: Plus500CY Ltd, licensed and regulated by CySEC.
- Available Platforms: Plus500 WebTrader
- Website/Platforms Support in German: Yes
- Customer Support in German: Yes
Plus500 stands out with its top-tier platform, the Plus500 WebTrader. Along with its high-definition charting, the trading station is also integrated with Plus500’s proprietary +Insights tool. It enables traders in Germany to keep pace with the ever-changing investor sentiment across multiple markets and assess bullish and bearish pressures.
Plus500’s stack of tradable instruments is larger than that of most other brokers in its tier, featuring more than 2,800 assets across currency pairs, commodities, stocks, indices, cryptocurrencies, ETFs, and options contracts. I also encountered popular names there from the German industry, such as Adidas, BMW, SAP, and Rheinmetall.
The broker held its own in the fees category as well. From my live testing, I learned that Plus500’s DAX 40 spread fluctuated in the 1.9/2.3-point range, marking a small but meaningful improvement over the industry average of 2.4 points. The EURUSD spread was a different story, though, with the popular pair gravitating around the 1.4-pip threshold – above the 1.08 industry average.
Pros and Cons
- Powerful Plus500 WebTrader platform
- More than 2,800 CFD instruments
- A wide range of German stocks and ETFs
- +Insights market analytics tool
- Mixed spreads
Best Trading Tools
- $0Min Deposit
- 1614Tradable Instruments
- HighFees
Why We Picked It
ActivTrades made a splash in the European trading scene with its rich assortment of trading platforms and tools that goes beyond what most other brokers in ActivTrades’ tier offer. The highlights of the offering include the Trading Central package and MT4/MT5 plugins.
Regional Features:
- Entity for German Clients: ActivMarkets – Empresa de Investimento S.A., licensed and regulated by CMVM (Portugal)
- Available Platforms: ActivTrades, MT4, MT5, TradingView
- Website/Platforms Support in German: Yes
- Customer Support in German: Yes
I performed my testing on ActivTrades’ sophisticated web-trading platform, ActivTrader, which boasts high-definition chart visuals and on-hand market analytics. The actionable trading signals from Trading Central take the cake as the most practical tools, as they help you keep pace with the most recent trading opportunities as they emerge.
For all you MetaTrader enthusiasts with a penchant for more traditional setups, ActivTrades offers MT4 and MT5 plugins. You can install those to access a wider range of technical indicators and Expert Advisors (EAs) than those included in the standard package.
From my experience with ActivTrades and its tools, I can recommend the broker’s ActivTrader platform, along with the built-in Trading Central content, to active day traders and market sentiment traders in Germany.
Pros and Cons
- Feature-rich ActivTrader platform
- Actionable trading signals by Trading Central
- Market Buzz market sentiment gauge
- MT4/MT5 plugins
- No FIX APIs/VPS hosting
Best for Professional Traders
- $50Min Deposit
- 14187Tradable Instruments
- MediumFees
Why We Picked It
The major leg up MultiBank has over other brokers on our list is that it is supervised by Germany’s own regulator, BaFin. Professional traders in Germany will also appreciate MultiBank’s sophisticated trading software and a massive range of tradable instruments, exceeding 14,200 assets.
Regional Features:
- Entity for German Clients: MEX Asset Management GmbH, licensed and regulated by BaFin
- Available Platforms: MultiBank App, MT4, MT5
- Website/Platforms Support in German: Yes
- Customer Support in German: Yes
The first thing that stood out to me about MultiBank was its advanced trading architecture. The broker provides free Virtual Private Server (VPS) hosting for low-latency trading. Additionally, its advanced-grade MultiBank App platform for web trading supports FIX AP integration. Professional traders in Germany can use FIX API protocols to obtain raw spreads directly from an exchange’s order books and achieve ultra-fast order execution speeds.
In addition to having access to deep liquidity, MultiBank earned my stamp of approval for its extensive selection of tradable instruments. The bulk of the offering comprises 14,100+ shares of EU, UK, and US stocks. Additionally, professional traders in Germany can trade on dozens of currency pairs, commodities, indices, and cryptocurrencies.
Speaking of fees, I discovered that MultiBank’s fees were mostly competitive. I observed a 1.5-point spread on the DAX 40, beating the industry average of 2.4 points by a significant margin.
Pros and Cons
- Regulated by BaFin
- 14,200+ tradable instruments
- Powerful trading platform
- FIX APIs integration
- Free VPS hosting
- High EURUSD, BTCUSD spreads
Best Trading Platform
- $0Min Deposit
- 2090Tradable Instruments
- HighFees
Why We Picked It
FxPro takes its trading platforms offering seriously and provides its clients multiple options, including popular names like MT4, MT5, and cTrader. But I chose the FxPro WebTrader as my top pick for German traders because the platform combines advanced chart visuals, integrated market research, and advanced order types to suit every taste.
Regional Features:
- Entity for German Clients: FxPro Financial Services Ltd, licensed and regulated by CySEC.
- Available Platforms: FxPro WebTrader, MT4, MT5, cTrader, TradingView
- Website/Platforms Support in German: Yes
- Customer Support in German: Yes
The defining feature of FxPro’s WebTrader is its advanced charting capabilities. Price action is fluid and represented in great detail, and you can zoom in on even the smallest price fluctuations with ease. This allows you to spot viable trading opportunities even on characteristically volatile instruments, such as the EURUSD and the DAX 40.
I conducted a series of tests on the platform and really appreciated the detachable charts, which offer users greater flexibility for analyzing price action than more cumbersome software such as MT4 and MT5. I also learned that FxPro’s flagship platform supports one-click trading and chart-based trading.
The FxPro WebTrader’s Achilles’ heel is that it is not really suited for anything other than conducting comprehensive technical analysis. In particular, the platform cannot be used for automated trading via Expert Advisors (EAs), nor for Depth-of-Market (DoM) trading.
Pros and Cons
- Advanced chart visuals
- Easily scalable price action
- Detachable charts
- Free VPS hosting
- Algo trading is not supported
Best Trading App
- $100Min Deposit
- 1472Tradable Instruments
- MediumFees
Why We Picked It
If you move a lot and cannot afford to stay locked in front of the desktop screen all day but still want to trade, then you cannot go wrong with AvaTrade’s excellent AvaTrade App for mobile trading. It packs fluid chartig, a wide array of analytical tools, and integrated market research – all the perks you may require for successful trading on the go.
Regional Features:
- Entity for German Clients: AVA Trade EU Ltd, licensed and regulated by the CBI (Ireland)
- Available Platforms: Ava Web Trader, MT4, MT5, AvaOptions, AvaSocial, DupliTrade
- Website/Platforms Support in German: Yes
- Customer Support in German: Yes
There are many trading apps made available to traders in Germany, but few pack the same punch as the all-in-one AvaTrade App. It boasts easily scalable charting, even though the app is made for low-resolution devices, with on-hand market analytics.
From my testing, I learned that the app is integrated with actionable trading signals from Trading Central. Traders in Germany can use these to stay on top of the latest trading opportunities and lock into trades as soon as those emerge.
AvaTrade’s integrated educational content is another plus. It features a variety of educational videos and articles, mostly on technical analysis and fundamental analysis, for learning on the go. You can also use the app to place market, limit, and stop orders, as well as to manage your account on the go.
Pros and Cons
- Fluid charting
- Easy order execution
- Integrated TC content
- On-hand learning materials
- High BTCUSD spread
Best for Copy and Social Trading
- $100Min Deposit
- 6030Tradable Instruments
- HighFees
Why We Picked It
eToro is one of the most widely recognized brands in the trading industry because of its unique business model. Its offering is almost exclusively oriented towards copy trading and social trading, making it the perfect option for German traders interested in those types of trading.
Regional Features:
- Entity for German Clients: eToro (Europe) Ltd, licensed and regulated by CySEC
- Available Platforms: eToro Web Trader
- Website/Platforms Support in German: Yes
- Customer Support in German: Yes
eToro has built a global community of millions of traders who share their ideas and know-how via the eToro Web Trader. The platform enables fast, easy connections between signal providers and signal followers, who do not have to pay any additional service fees.
If you are a signal follower, then you can use the platform’s built-in filters to sift through the thousands of available strategies by their performance (average returns, maximum drawdown, average market exposure, etc); and subscribe to the ones that best match your goals and needs.
And if you are a signal provider, you can trust the broker’s web-based platform to give you the best environment to promote your winning strategies. Signal providers are also allowed to set their own subscription fees. I confirmed that there is no cap on the maximum rate that can be charged.
Pros and Cons
- Millions of clients engaged in social trading
- Custom-built platform for social and copy trading
- No extra servicing fees
- No cap on subscription fees
- Elevated spreads
All Brokers That Accept Clients from Germany
| Broker | Entity for Germany | Max Leverage | Score | Fees Score | Min Deposit | Platforms | Visit Broker |
|---|---|---|---|---|---|---|---|
IC Markets (EU) Ltd CySEC Cyprus | 1:30 | 4.8 | 5.0 | $0 | MT5, cTrader, MT4, TradingView, Zulutrade | Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. | |
IG Europe GmbH BaFin Germany | 1:30 | 4.7 | 3.8 | $50 | MT4, ProRealTime, L2 Dealer, TradingView, IG Online Platform | 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money | |
Pepperstone GmbH BaFin Germany | 1:30 | 4.7 | 4.4 | $0 | MT5, cTrader, MT4, TradingView, Pepperstone WebTrader, Pepperstone Mobile App | 73–89% of retail investor accounts lose money when trading CFDs. | |
Moneta Markets Ltd FSA Seychelles | 1:500 | 4.6 | 4.5 | $50 | MT5, MT4, ProTrader, App Trader, Copytrader App | Derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how Derivatives work and whether you can afford to take the high risk of losing your money. Trading derivatives is risky. It isn't suitable for everyone; you could lose substantially more than your initial investment. You don't own or have rights to the underlying assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn't consider your personal objectives, financial circumstances, or needs. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions. | |
Vantage Global Limited VFSC Vanuatu | 1:2000 | 4.6 | 4.4 | $50 | MT4, MT5, TradingView, Vantage App, Vantage Web Trading | Trading derivatives carries significant risks. It is not suitable for all investors and if you are a professional client, you could lose substantially more than your initial investment. When acquiring our derivative products, you have no entitlement, right or obligation to the underlying financial assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn't take into account your personal objectives, financial circumstances, or needs. Accordingly, before acting on the advice, you should consider whether the advice is suitable for you having regard to your objectives, financial situation and needs. We encourage you to seek independent advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions. | |
DT Direct Investment Hub Ltd CySEC Cyprus | 1:30 | 4.5 | 4.2 | $100 | AvaOptions, AvaSocial, MT5, Proprietary, MT4, DupliTrade, Ava Web Trader, AvaTrade App | Trading CFDs and FX Options entail risk and could result in the loss of your capital. | |
Capital Com SV Investments Limited CySEC Cyprus | 1:30 | 4.5 | 4.1 | $20 | MT4, TradingView, Capital.com Web Trader, Capital.com App, MT5 | Depending on the company, 70% of retail investor accounts lose money when trading CFDs with Capital.com Group. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
StoneX Europe Ltd. CySEC Cyprus | 1:30 | 4.5 | 3.7 | - | MT4, WebTrader | 72.5% of retail investor accounts lose money when trading CFDs with this provider. | |
Gleneagle Securities Pty Limited VFSC Vanuatu | 1:500 | 4.5 | 4.4 | $0 | MT4, MT5, cTrader, TradingView, DupliTrade | All financial products involve risk and you should ensure you understand the risk involved as certain financial products may not be suitable for everyone. Trading in margin foreign exchange and derivatives carries a high level of risk and you may incur a loss that is far greater than the amount you invested. Past performance of any product described on this website is not a reliable indication of future performance. | |
Hantec (Seychelles) Services Limited FSA Seychelles | 1:1000 | 4.5 | 4.2 | $10 | MT4, MT5, Hantec Mobile, Hantec Web Trader | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
Interactive Brokers Central Europe Zrt. MNB Hungary | 1:30 | 4.5 | 4.6 | $0 | IBKR Client Portal, IBKR Desktop, IBKR App, Trader Workstation (TWS), GlobalTrader App | Your capital is at risk | |
MEX Asset Management GmbH BaFin Germany | 1:30 | 4.5 | 4.0 | $50 | MT5, MT4, MultiBank App | All forms of investment carry risk including an investor not recovering the amount invested. These services may not be suitable to all. | |
Startrader Financial Markets Limited FSCM Mauritius | 1:1000 | 4.5 | 4.5 | $50 | MT5, MT4, STARTRADER App | All investments entail risks and may result in both profits and losses. I | |
VT Markets Limited FSCM Mauritius | 1:1000 | 4.5 | 4.5 | $100 | MT5, MT4, VT Markets app, TradingView | Trading CFDs carries a high level of risk and may not be suitable for all investors. Leverage in CFD trading can magnify gains and losses, potentially exceeding your original capital. It’s crucial to fully understand and acknowledge the associated risks before trading CFDs. Consider your financial situation, investment goals, and risk tolerance before making trading decisions. Past performance is not indicative of future results. Refer to our legal documents for a comprehensive understanding of CFD trading risks. | |
XTB S.A. KNF Poland | 1:30 | 4.5 | 4.3 | $0 | xStation 5 | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% 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. | |
BBG Limited FSA Seychelles | 1:500 | 4.4 | 4.2 | $0 | MT5, MT4, TradingView, cTrader, myFXbook, Zulutrade, BlackBull Trade | BlackBull Markets and its associated entities have access to provide over 26000 tradable instruments to clients across all our Trading Platforms. Black Bull Group Limited (trading name: BlackBull Markets) is a company registered and incorporated in New Zealand (Company Number 5463921, NZBN 9429041417799) located at Level 20, 188 Quay St Auckland 1010. Black Bull Group Limited is a registered Financial Services Provider (FSP403326). | |
Deriv Investments (Europe) Limited MFSA Malta | 1:30 | 4.4 | 3.1 | - | MT5, cTrader, Deriv Trader, Deriv Go, Deriv Nakala, Deriv Bot, SmartTrader | 71% of retail investor accounts lose money when trading CFDs with this provider. | |
FxPro Financial Services Ltd CySEC Cyprus | 1:30 | 4.4 | 3.6 | $0 | MT5, cTrader, MT4, FxPro Trading Platform, FxPro Mobile App, TradingView | 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing money. (EU, UK) | |
Notesco Financial Services Ltd* CySEC Cyprus | 1:30 | 4.4 | 4.0 | $50 | MT4 | Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. | |
OANDA TMS Brokers S.A. KNF Poland | 1:30 | 4.4 | 3.9 | $0 | MT5, MT4, OANDA Trade Web Platform | Your capital is at risk. Spreadbetting only available in UK. | |
Trademax Global Limited VFSC Vanuatu | 1:1000 | 4.4 | 4.1 | $100 | MT4, MT5, TMGM Mobile App, HubX | 80.26% of retails CFD accounts lose money. | |
Trading Point of Financial Instruments Ltd CySEC Cyprus | 1:30 | 4.4 | 3.1 | $5 | MT5, MT4, XM Web Platform, XM Mobile App | Forex and CFD trading involves significant risk to your invested capital. | |
ActivMarkets – Empresa de Investimento S.A. CMVM Portugal | 1:30 | 4.3 | 3.4 | $0 | MT5, MT4, ActivTrader, TradingView | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 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. | |
ATFX Global Markets (CY) Ltd CySEC Cyprus | 1:30 | 4.3 | 3.2 | $50 | MT4, MT5, ATFX Trading App | Trading Foreign Exchange (Forex) and Contracts for Differences (CFDs) is highly speculative, carries a high level of risk and may not be suitable for all investors. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin. | |
IUX Markets (MU) LTD FSCM Mauritius | 1:3000 | 4.3 | 4.9 | $30 | MT5, IUX Web Trade, IUX App Trade | This website is not designed to encourage or promote trading activities. Please note that leveraged margin trading and binary options carry significant risks, including the potential for rapid financial losses. | |
Indication Investments Ltd CySEC Cyprus | 1:30 | 4.3 | 4.2 | $100 | MT5, MT4, Libertex Platform | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 86% 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. | |
Royal Financial Trading (CY) Ltd CySEC Cyprus | 1:30 | 4.3 | 3.5 | $0 | MT4, MT5 | Your capital is at risk. | |
Plus500EE AS EFSA Estonia | 1:30 | 4.3 | 3.3 | $100 | Plus500 Web Platform, Plus500 Mobile App | CFD Service, 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money | |
PXBT Trading Ltd FSA Seychelles | 1:2000 | 4.3 | 3.8 | $0 | MT5, PrimeXBT Mobile App, PXTrader 2.0 | Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. These products are not suitable for all investors. You should consider whether you understand how leveraged products work and whether you can afford to take the inherently high risk of losing your money. | |
PU Prime Ltd FSCM Mauritius | 1:1000 | 4.3 | 3.6 | $20 | MT5, MT4, PU Prime App, PU Web Trader, PU Copy Trading | Trading Contracts for Difference (CFDs) involves a high level of risk and may not be suitable for all traders. | |
Swissquote Bank Europe Ltd CSSF Luxembourg | 1:30 | 4.3 | 2.6 | $1000 | MT5, MT4, CFXD, TradingView | Investing in FX & CFD carries a high degree of risk. Losses can exceed your initial investments | |
Zenfinex Global LLC FSA Seychelles | 1:2000 | 4.3 | 3.4 | $9 | MT5, MT4, Taurex Trading App, Brokeree, Pelican | Trading in financial instruments carries a high level of risk and may not be suitable for all investors. The value of your investments may fluctuate and you may lose all of your invested capital, especially due to leverage. | |
Trading.com Markets EU Limited CySEC Cyprus | 1:30 | 4.3 | 2.9 | $50 | MT5, Trading.com WebTrader, Trading.com App | FX and CFD trading involve a high risk of loss. T&Cs Apply. | |
DB Invest Limited FSA Seychelles | 1:1000 | 4.2 | 2.3 | $50 | MT5, DB Investing App | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
Novelty Trading Limited CySEC Cyprus | 1:30 | 4.2 | 3.6 | $50 | MT5, cTrader, MT4, TradingView, Errante App | FX and CFDs trading involves a high risk of loss | |
eToro (Europe) Ltd CySEC Cyprus | 1:30 | 4.2 | 3.0 | - | eToro Platform | 61% of retail CFD accounts lose money. | |
FP Trading Ltd FSRA Finland | 1:500 | 4.2 | 4.7 | - | MT4, MT5, cTrader | 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. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. There is a possibility to lose all your initial capital. The legal documents should be considered before entering into transactions with us. | |
Gleneagle Securities Pty Limited VFSC Vanuatu | 1:2000 | 4.2 | 4.0 | $50 | MT4, MT5, FXT WebTrader, FXTrading App | Any advice included in this website or correspondence is general advice only and is based solely on consideration of the investment or trading merits of the financial products alone, without taking into account the investment objectives, financial situation and particular needs (i.e. financial circumstances) of any particular person. Before making an investment or trading decision based on the advice, the recipient should carefully consider the appropriateness of advice in light of his or her financial circumstances and should carefully review the Product Disclosure Statement regarding the relevant financial product as provided by your investment broker. Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors. You could lose substantially more than your initial investment. When acquiring derivative products, you have no entitlement, right or obligation to the underlying financial asset. | |
iCFD Ltd CySEC Cyprus | 1:30 | 4.2 | 2.7 | $100 | iFOREX Platform | Not investment advice; Capital at Risk; T&C apply. | |
Mitrade EU Limited CySEC Cyprus | 1:30 | 4.2 | 3.8 | $20 | Mitrade Trading Platform, Mitrade Mobile App | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% 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. | |
FXFlat Bank GmbH BaFin Germany | 1:30 | 4.2 | 3.3 | $10 | Trading 212 Web Trader, Trading 212 App | Your capital is at risk. | |
First Interstellar Global Ltd FSA Seychelles | 1:500 | 4.1 | 3.2 | $0 | MT4, MT5, FISG App | Forex and CFD trading involve a significant risk to your invested capital. Please read and ensure you fully understand our Risk Disclosure. Trading foreign exchange and leveraged financial products has high risks and may cause you to lose your principal. You should not take the risk of loss more than you can afford and please ensure that you fully understand the risks involved. Trading leveraged products is not suitable for all investors. Trading unleveraged products such as shares also involves risk as the value of shares can go down as well as up, meaning you may get back less money than you originally invested. Past performance is no guarantee of future results. Before trading, please consider your level of experience, investment objectives and seek independent financial advice if necessary. It is the customer’s responsibility to ensure that the legal requirements of his/her country of residence allow him/her to use the services provided by the Interstellar Financial Group Limited. | |
Exinity Limited FSCM Mauritius | 1:3000 | 4.1 | 3.1 | $100 | MT5, MT4, FXTM Trader App | Online Forex/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading Online Forex/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. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of Exinity Capital East Africa Ltd based on the legal requirements in his/her country of residence. | |
TIO Markets Ltd MISA Comoros | 1:1000 | 4.1 | 3.8 | $20 | MT4, MT5 | Trading on margin comes with a high risk of losing money rapidly due to leverage. You should consider whether you understand how margin trading works and whether you can afford to take the high risk of losing your money. Never deposit more than you are prepared to lose. | |
Alchemy Markets Ltd MFSA Malta | 1:30 | 4.0 | 3.2 | $1000 | MT4, MT5, TradingView | All instruments offered by Alchemy Markets are traded as CFDs. We offer only commission-free trading on Forex, Indices, and Metals for Classic, Premier and Demo accounts. For more information on our charges on other account types and products including Crypto CFDs and Stock CFDs, you can visit our product pages and sheets. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with us. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
TSG Brokers Ltd CySEC Cyprus | - | 4.0 | 4.5 | $96 | TSG Trade Web, TSG Trade Mobile App, MT5 | Trading in CFDs, involves a high level of risk. 77.95% of retail investor accounts lose money when trading CFDs with this provider. It is possible to lose all your invested capital. Such financial products may not be suitable or allowed for you, and you should consider such restrictions and whether you understand how CFDs work and all the risks involved. | |
4xCube Ltd FSC CA Cook Islands | 1:500 | 3.9 | 3.6 | $50 | MT5, MT4 | Online trading with margin carries a high level of risk and may not be suitable for all investors as you could sustain losses in excess of deposits. The products are intended for retail, professional and eligible counterparty clients. For clients who maintain account(s) with 4XC, retail clients could sustain a total loss of deposited funds but are not subject to subsequent payment obligations beyond the deposited funds and professional clients could sustain losses in excess of deposits. Prior to trading any products offered by 4XC, any affiliates of aforementioned firms, or other firms within 4XC of companies [collectively the “4xCube Ltd”], carefully consider your financial situation and experience level. 4xCube Ltd may provide general commentary which is not intended as investment advice and must not be construed as such. Seek advice from a separate financial advisor. 4xCube Ltd assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items contained within these materials. Read and understand the Terms and Conditions on 4xCube Ltd websites prior to taking further action. | |
Liteforex (Europe) Ltd CySEC Cyprus | 1:30 | 3.9 | 2.5 | $50 | MT5, MT4, LiteFinance App | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84% 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. | |
MAIV Limited FSA Seychelles | 1:2000 | 3.9 | 3.5 | $50 | MT5, Rock-West App | CFDs are Leveraged Financial Instruments, and trading them carries a high level of risk. It is possible to lose all your capital. You should not invest more than you can afford to lose and you should ensure that you fully understand the risks involved. Past performance is not a reliable indicator of future performance. Under no circumstances shall the Company have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs and/or any other financial instruments. Please read our full Risk Disclosure policy and the Client Agreement. | |
Evalanch Ltd FSA Seychelles | - | 3.9 | 3.9 | $10 | MT5 | “Contract for Differences” (CFDs) are usually leveraged products. Trading Over-The-Counter (OTC) CFDs related to commodities, Forex, Indices and Shares, carries a high level of risk and can result in the loss of all of your investment. As such, CFDs may not be appropriate and/ or suitable for all investors. You should not invest money that you cannot afford to lose. Before deciding to trade, you should be aware of all the risks associated with OTC CFDs trading, and seek advice from an independent and suitably licensed financial advisor. Past performance does not constitute a reliable indicator of future results. Future forecasts do not constitute a reliable indicator of future performance. General information and/ or recommendations provided by the Company should not be interpreted as investment advice. For more information please visit our General Risk Disclosure Policy. Disclaimer: Information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. | |
DLS Markets Limited VFSC Vanuatu | - | 3.7 | 4.1 | $100 | MT5, MT4, DLSM GO App | Investing in CFDs and Margin FX Contracts carries significant risks and is not suitable for all traders. You may lose more than your initial deposit. You don’t own, or have, any interest in the underlying assets. | |
Anzo Capital Limited (SVG) LLC | 1:1000 | 3.6 | 3.6 | $50 | MT4, MT5 | Investing in leveraged products carries significant risks and is not suitable for all investors. You could lose more than your deposits. | |
Equitex Capital Limited FSA Seychelles | 1:500 | 3.6 | 3.0 | $100 | MT5 | Over-the-counter derivatives are complex instruments and come with a high risk of losing your initial capital rapidly due to leverage. You should consider whether you understand how over-the-counter derivatives work and whether you can afford to take the high level of risk to your capital. Investing in over-the- counter derivatives carries significant risks and is not suitable for all investors. | |
TradeSmart Capital Limited | 1:2000 | 3.3 | 4.5 | $50 | MT5 | Trading Forex and CFDs carries a high level of risk to your capital, and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. | |
DuraMarkets Ltd MISA Comoros | 1:500 | 3.2 | 3.9 | $10 | MT5, MT4 | CFDs and margin trading carry a very high degree of risk. You must be prepared to sustain a total loss of any funds deposited with us, as well as any additional losses, charges, or other costs we incur in recovering any amount due from your end, in the course of trading. Hence, you should ensure that you’ve fully understood the risks involved and invest the amount that you are willing to lose. |
This guide covers brokers that accept clients from Germany. For the full ranking across all countries, see our best forex brokers worldwide.
Best Forex Brokers in Other European Countries
Each guide ranks the brokers we tested that accept clients in that country, under its own regulation.
Not from Germany? See the best forex brokers worldwide or all our country guides.
Where to Go Next
More of our best-broker guides, grouped by what you trade, the platform you use, how you trade and where you trade from.
All the Brokers We Tested
Update History
About the Authors
Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold. He earned a Bachelor's degree in Economics and International Relations. Plamen's broad experience has equipped him with the expertise to recommend the best forex brokers.
Aviva is a Senior Content Editor at FXEmpire. Her substantial contributions include refining over 150 broker reviews and 'Best Brokers Guides,' enhancing our proprietary methodology, and ensuring every fact is meticulously verified.
As a Senior Content Editor at FXEmpire, Ola has edited and fact-checked more than 350 broker reviews and guides. She continually refines FXEmpire’s proprietary broker rating system and keeps a close eye on industry trends, making sure our reviews reflect the latest changes in the market.
- List of Top Forex Brokers in Germany
- How Did I Select the Best Brokers in Germany?
- Best Overall
- Best Trading Tools
- Best for Professional Traders
- Best Trading Platform
- Best Trading App
- Best for Copy and Social Trading
- Best Forex Brokers in Other European Countries
- Where to go next
- All the Brokers We Tested
- Update History