Brokers by Country · DE
European Brokers in Germany, 2026
Tracked byIndependent review teamUpdated
Germany's retail trading environment is shaped by ESMA rules and BaFin oversight. Broker choice for German residents typically comes down to EU-regulated entities (CySEC or MFSA) routed from the parent group, with SEPA as the default funding rail.
6 / 6 brokers accept Germany
EuropeanEditorial top pick
01Editorial top pick
01FxPro
Local licenseFCACySECSCBFSCAOpen account at FxPro →- Avg spread
- 0.30pip
- Cost / lot
- $10.00
- Min deposit
- $100
- Max leverage
- 1:500
midpoint of broker rangeincl. $7 commissionEU/UK retail: 1:30 · SCB (Bahamas) entity: 1:500Four diversified regulators (FCA, CySEC, FSCA, SCB) with 18+ years operating history · MT4/MT5 Standard accounts are spread-only at ~1.2 typical pips — only use cTrader or Raw if you want commission-based pricing
Fits ifYou are EU or UK retail and want double tier-1 cover (FCA + CySEC) at one brokerPlatformsMetaTrader 4, MetaTrader 5, cTrader, FxPro EdgeFounded in 2006 · Verified Jun 1, 2026
- 02
02Tickmill
Local licenseFCACySECFSAFSCAOpen account at Tickmill →- Avg spread
- 0.20pip
- Cost / lot
- $8.00
- Min deposit
- $100
- Max leverage
- 1:1000
editorial estimateincl. $6 commissionEU/UK retail: 1:30 · Seychelles entity: 1:1000Raw account: 0.0 from-spread + $6 round-turn — ECN-style pricing in a commission-based tier · Broker publishes "from" spreads only — realised typical is not disclosed on the accounts page
Fits ifYou are EU or UK retail and want FCA + CySEC double cover with ECN-style commission pricingPlatformsMetaTrader 4, MetaTrader 5Founded in 2014 · Verified Jun 1, 2026
- 03
03Deriv
Local licenseBVIMFSAOpen account at Deriv →- Avg spread
- 0.70pip
- Cost / lot
- $7.00
- Min deposit
- $5
- Max leverage
- 1:1000
editorial estimateno commissionEU retail (MFSA Malta): 1:30 · Labuan / Vanuatu / BVI entities: up to 1:1000$5 minimum + 25 years of operating history (since 1999 as Binary.com, rebranded Deriv in 2020) · Forex is secondary to synthetic indices (their proprietary product) — CFD instrument breadth is narrower than ECN-focused brokers like Tickmill
Fits ifYou trade synthetic indices (Volatility, Crash, Boom) — Deriv invented this product categoryPlatformsMetaTrader 5, Deriv XFounded in 1999 · Verified Jun 1, 2026
- 04
04Libertex
Local licenseCySECOpen account at Libertex →84% of retail investor accounts lose money
- Cost / lot
- Floating
- Min deposit
- €100
- Max leverage
- 1:30
For retail clientsCySEC-regulated (Indication Investments Ltd, licence 164/12) with ICF investor compensation and negative balance protection · Single-jurisdiction CySEC coverage — no FCA or ASIC fallback
Fits ifYou are an EU/EEA resident who wants an EU-regulated (CySEC) broker with ICF compensation and negative balance protectionPlatformsMetaTrader 4, MetaTrader 5, Libertex PlatformFounded in 1997 · Verified Jun 1, 2026
- 05
05AvaTrade
Local licenseASICFSCACBIBVIOpen account at AvaTrade →- Avg spread
- 0.90pip
- Cost / lot
- $9.00
- Min deposit
- $100
- Max leverage
- 1:400
broker-published typicalno commissionEU/UK/AU retail: 1:30 · FSCA / BVI entities: up to 1:400Regulated in 6 jurisdictions · Spread-only pricing at 0.9 pip = ~$9/lot round-turn — wider than ECN/Raw brokers at similar volume
Fits ifYou are AU or EU retail and want CBI + ASIC double cover with 20 years of operating historyPlatformsMetaTrader 4, MetaTrader 5, AvaOptions, DupliTradeFounded in 2006 · Verified Jun 1, 2026
- 06
06XM Group
Local licenseASICCySECIFSCOpen account at XM Group →- Avg spread
- 1.30pip
- Cost / lot
- $13.00
- Min deposit
- $5
- Max leverage
- 1:1000
midpoint of broker rangeno commissionEU/AU retail: 1:30 · XM Global (offshore entity): up to 1:1000$5 minimum makes starting cheap · Standard account EUR/USD spread 1.0–1.6 pip (broker-published range) + $0 commission ≈ $13/lot — one of the highest costs in our list
Fits ifYou want the lowest-friction entry in our list — $5 minimum depositPlatformsMetaTrader 4, MetaTrader 5, Web TraderFounded in 2009 · Verified Jun 1, 2026
Country context
- Regulator
- BaFin · Federal Financial Supervisory Authority
- Currency
- EUR
- Payment methods
- SEPAGiropaySofortKlarna
Capital gains and forex trading profits are taxed at a flat 25% plus solidarity surcharge (Kapitalertragsteuer). Losses can offset gains only within the same category.
Retail leverage is capped at 1:30 for major pairs and 1:20 for minors under ESMA rules. Negative balance protection is mandatory.
Frequently asked
Which brokers accept residents of Germany?+
6 of 6 brokers in our ranking accept Germany: FxPro, Tickmill, Deriv, Libertex, AvaTrade.
Who regulates brokers for Germany?+
Primary regulator: BaFin — Federal Financial Supervisory Authority.
What payment methods are available?+
Common methods: SEPA, Giropay, Sofort, Klarna.
What are the tax rules for trading in Germany?+
Capital gains and forex trading profits are taxed at a flat 25% plus solidarity surcharge (Kapitalertragsteuer). Losses can offset gains only within the same category.
Scope of coverage
- Brokers tracked
- 14
- Regulators indexed
- 55
- Regulator actions logged
- 2
- Latest pricing verification
- Jun 1, 2026
Pricing and licensing status refresh weekly; the ranking is reviewed quarterly.