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 | 1:30 (ASIC) 1:30 (FMA) · 1:30 (FSCA) · 1:300 (FSA) · 1:30 (FCA) · 1:20 (MAS) · 1:30 (EFSA) · 1:30 (CySEC) · 1:30 (DFSA) · 1:200 (SCB) | Plus500 Web Platform, Plus500 Mobile App | CFD Service, 80% 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 | 1:30 (CMVM) 1:200 (BCB) · 1:200 (SCB) · 1:400 (FSCM) · 1:30 (FCA) | MT5, MT4, ActivTrader | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82% 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 (CySEC) · 1:30 (FMA) · 1:30 (BaFin) · 1:20 (MAS) · 1:30 (ASIC) · 1:1000 (BVI FSC) · 1:1000 (CIMA) | 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 | 4.3 | 3.0 | $0 | 1:30 (FCA) 1:10000 (FSA) · 1:200 (SCB) · 1:30 (CySEC) | 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) 1:30 (CBI) · 1:200 (BVI FSC) · 1:30 (ASIC) · 1:400 (ADGM) · 1:25 (JFSA) · 1:30 (ISA) · 1:30 (CySEC) | 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 | $100 | 1:30 (CySEC) 1:30 (ASIC) · 1:30 (FCA) · 1:400 (FSA) | 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 the Brokers We Tested
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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 revised and fact-checked over 200 broker reviews and guides. Her profound understanding of financial markets has been crucial in developing the proprietary rating system.