Best Forex Brokers in Germany for 2025
We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the best Forex brokers in Germany based on our analysis:
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AvaTrade - Best Forex broker in Germany - A wide selection of financial assets. Innovative trading platforms. Highly rated educational resources. - 2
FP Markets - Robust regulation, serious fund protection plus segregated accounts in AA banks. Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server. Rich selection of trading platforms. - 3
Pepperstone DE - Wide selection of trading platforms. Tight spreads and favourable trading conditions. A large number of trading assets. - 4
FxPro - Various trading platforms. A diverse range of available markets and products. Multiple analytics tools. - 5
Libertex - Tight spreads and attractive trading conditions. Wide selection of trading assets. Rich selection of educational materials and analytics. - 6
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HF Markets - Regulated by reputable financial authorities. Wide selection of trading assets. A variety of educational materials and analytical reviews. - 8
Deriv - Simple and fast account opening process. A wide variety of account types cater to different trading needs. Low commission structure. - 9
ActivTrades - Wide range of trading assets. A wide variety of trading platforms. Extensive training materials including webinars, videos, articles and guides. - 10
XM - Wide range of trading assets. Extensive educational resources. Tight spreads on the Ultra Low account.
The presented brokers stand out for their reliability, wide range of instruments, and excellent level of customer service. This list will help you make an informed choice of the best partner for your Forex trading operations.
List of the Best Forex Brokers in Germany in 2025
1. AvaTrade
AvaTrade is ideal for traders looking for various trading tools and a high level of investment protection. Beginners will be comfortable with the intuitive interface of the AvaTradeGO mobile platform, while experienced traders will appreciate the depth of MetaTrader's customization and analytical tools. However, traders who need access to STP or ECN accounts should pay attention to other brokerage companies.
Pros and Cons of AvaTrade
Pros
- A wide selection of financial assets.
- Innovative trading platforms.
- Highly rated educational resources.
Cons
- Limited trading account options.
- Account inactivity fee.
2. FP Markets
FP Markets successfully combines a strict licensing framework, a fast ECN order book with zero spreads, a rich selection of platforms — ranging from classic MT4/5 to TradingView and Iress DMA — and a developed analytics, education, and 24/7 support infrastructure. This combination makes the broker attractive for active scalpers and algorithmic traders who value speed and moderate commission per lot, as well as for investors preferring copy trading, PAMM/MAM, or DMA stocks via Iress. Beginners will benefit from a low entry of 100 AUD, online courses, and no inactivity fees.
Pros and Cons of FP Markets
Pros
- Robust regulation, serious fund protection plus segregated accounts in AA banks.
- Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server.
- Rich selection of trading platforms.
- Wide range of instruments.
- Numerous deposit/withdrawal methods.
- Strong analytics and education.
- 24/7 support.
Cons
- Lack of cent accounts and fixed spread accounts.
- Some analytical materials and software are accessible only with a deposit or trading volume.
3. Pepperstone
Pepperstone DE is a significant and reliable broker that offers a broad range of trading instruments and attractive trading conditions. With regulation by serious authorities, clients can be confident in the security of their funds.
The broker is suitable for various types of traders. Beginners will find extensive educational materials, including trading guides, webinars, instructional videos, and Forex trading courses. Experienced traders will also appreciate Pepperstone's opportunities, including favorable trading conditions, various trading platforms, and access to complex trading instruments.
The broker's technical support operates at a high level, offering clients quick and efficient responses to any questions.
Pepperstone is an excellent choice for traders of all experience levels. With a unique combination of educational materials, trading tools, and high-quality customer service, this broker ensures excellent conditions for successful trading.
Pros and Cons of Pepperstone DE
Pros
- Wide selection of trading platforms.
- Tight spreads and favourable trading conditions.
- A large number of trading assets.
Cons
- Lack of diversity in types of trading accounts.
4. FxPro
FxPro provides a comprehensive range of services and tools for traders. With its variety of trading accounts, platforms, and available markets, it is well-suited to meet the needs of different traders. This broker suits traders looking for a wide selection of markets, diverse platforms, and analytical tools. It is also apt for beginner traders, thanks to the educational materials and experienced traders who value flexible trading conditions.
Pros and Cons of FxPro
Pros
- Various trading platforms.
- A diverse range of available markets and products.
- Multiple analytics tools.
- Extensive educational materials.
Cons
- An inactivity fee.
- Absence of cent accounts and services for copying trades.
5. Libertex
Libertex is an established broker offering various trading instruments and educational resources. With zero commission on deposits and various analytical tools, this broker can appeal to novice and experienced traders.
Pros and Cons of Libertex
Pros
- Tight spreads and attractive trading conditions.
- Wide selection of trading assets.
- Rich selection of educational materials and analytics.
Cons
- High swaps and inactivity fee.
6. Plus500
Plus500 is ideal for traders seeking a convenient and intuitive platform with a broad spectrum of trading instruments. It's particularly well-suited for those who value a diverse range of CFDs on stocks, indices, currencies, commodities, and ETFs. The built-in Insight+ analytics tool is a significant advantage for those keen on analyzing trends and activities based on real-time data.
Pros and Cons of Plus500
Pros
- Diversity of trading assets.
- Intuitive trading platform.
- 24/7 support.
- Built-in analytics.
Cons
- Limited channels for communication with technical support.
- Limited choice of trading accounts.
7. HF Markets
HF Markets is a reliable and appealing Forex broker, offering a wide selection of trading assets, a variety of account types, and access to the popular trading platforms MetaTrader 4 and MetaTrader 5. With its regulation and industry experience, the company has earned a reputation as a dependable partner for traders of varying experience levels.
HF Markets is recommended for those seeking a trustworthy and vetted broker with favorable trading conditions and customer support.
Pros and Cons of HF Markets
Pros
- Regulated by reputable financial authorities.
- Wide selection of trading assets.
- A variety of educational materials and analytical reviews.
Cons
- There is no alternative to MetaTrader.
- High swaps and wide spreads.
8. Deriv
Deriv is an appealing choice for a wide array of traders, particularly those who are just beginning or are at an intermediate level. Its user-friendly approach, diverse platforms, and low-cost structure make it ideal for individuals seeking a straightforward trading experience. While it may not fully satisfy the needs of highly advanced traders due to some limitations in educational and analytical resources, Deriv's overall offering is solid, making it a reliable and accessible broker for most trading requirements.
Pros and Cons of Deriv
Pros
- Simple and fast account opening process.
- A wide variety of account types cater to different trading needs.
- Low commission structure.
- A wide range of trading platforms.
- High-quality technical support with fast and effective responses.
Cons
- Some essential asset classes are absent, and a limited number of CFDs on stocks exist.
- Educational materials are confined to a blog and lack comprehensive learning resources.
9. ActivTrades
ActivTrades is suitable for beginner traders who value simplicity and intuitive trading platforms, as well as a variety of educational materials to improve their skills. Moreover, this broker can be a suitable option for experienced traders who prefer to trade various instruments and use the powerful features of the MetaTrader 4, MetaTrader 5 and TradingView platforms.
However, for traders with more specific requirements, such as a variety of trading accounts or individual conditions for professional traders, ActivTrades may be less attractive.
Pros and Cons of ActivTrades
Pros
- Wide range of trading assets.
- A wide variety of trading platforms.
- Extensive training materials including webinars, videos, articles and guides.
- Professional Support Team.
Cons
- Lack of diversity in trading accounts.
10. XM
XM broker offers a wide range of services, making it an attractive option for various traders. With over 1500 trading instruments, extensive educational resources, and numerous trading platforms, XM is ideally suited for beginners and experienced traders. Novice traders will particularly appreciate the accessible educational materials and low entry threshold, while professionals will find the competitive spreads and diversity of instruments appealing.
Pros and Cons of XM
Pros
- Wide range of trading assets.
- Extensive educational resources.
- Tight spreads on the Ultra Low account.
- Many analytical materials.
- Commission-free deposits and withdrawals.
Cons
- Inconsistency in technical support.
- Inactivity fee.
- Standard account has a higher spread than the market average.
Regulation of Forex Brokers in Germany
In Germany, the activity of Forex and CFD brokers is subject to strict rules and regulations designed to protect investors, ensure the fairness of trading operations, and maintain financial stability. The primary regulator in the country is the Federal Financial Supervisory Authority (BaFin), which sets and monitors compliance with standards for financial institutions, including Forex brokers.
BaFin rigorously ensures that brokers adhere to norms related to the transparency of financial operations, the segregation of client funds, and the provision of accurate information about risks. This includes mandatory measures for risk warning and limitations on the provision of leverage, reducing the likelihood of significant losses for traders.
Furthermore, Germany is subject to European Union legislation, including the Markets in Financial Instruments Directive (MiFID II), which promotes the unification and efficiency of financial markets in Europe. This provides additional protection for investors, establishing standards for operations and risk management transparency.
This comprehensive approach to regulation makes Germany one of the most reliable and secure markets for Forex trading. Thanks to strict regulation, German traders can be confident in protecting their interests and the stability of working with brokers, creating optimal conditions for successful Forex trading.
How We Compiled the List of Top Forex Brokers in Germany
Multifaceted and meticulously developed criteria influenced the selection of the best brokers in Germany to ensure maximum objectivity and usefulness of information for traders:
The ranking of brokers in this list is based on our overall Forex brokers rating.
We carefully studied and evaluated each broker, following a strict and detailed methodology developed by our experts.
All brokers featured here offer services tailored to the German market, complying with local norms and requirements.
We pay special attention to ensuring that each broker we select meets high-security standards, offers competitive trading conditions, and is a reliable partner for online Forex market operations.
FAQ
Is Forex Trading Legal in Germany?
Yes, Forex trading is legal in Germany. It is regulated by the Federal Financial Supervisory Authority (BaFin), ensuring that all Forex trading activities comply with the country's financial laws and regulations. Traders should always choose BaFin-regulated brokers for secure and legal trading operations.
Can I Trade Forex in Germany Without a Broker?
It is not practical to trade Forex in Germany without a broker. Brokers provide access to trading platforms, leverage, and liquidity in the Forex market. They also ensure compliance with regulatory requirements and offer necessary tools and resources for trading.
What Are the Best Forex Trading Platforms in Germany?
Germany's best Forex trading platforms typically include MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader. These platforms are popular for their user-friendly interfaces, advanced trading tools, and comprehensive charting capabilities. The choice of platform often depends on the trader's specific needs and the offerings of their broker.
How Do I Verify a Forex Broker's Regulation in Germany?
To verify a Forex broker's regulation in Germany, check their website for registration details and confirm these with the Federal Financial Supervisory Authority (BaFin). BaFin maintains a licensed and regulated database of financial entities, including Forex brokers. Always ensure the broker's license is current and valid.
What Are the Tax Implications for Forex Trading in Germany?
In Germany, profits from Forex trading are subject to capital gains tax. However, tax laws can be complex and vary based on individual circumstances. It is advisable to consult with a tax professional to understand specific tax obligations and reporting requirements related to Forex trading in Germany.
Are There Any Trading Hour Restrictions in Germany's Forex Market?
There are no specific trading hour restrictions in Germany's Forex market. The Forex market operates 24 hours a day, five days a week, allowing traders to operate anytime. However, trading volumes and market activity can vary throughout the day. You can use our Forex Market Time Converter to see whether the market is open or closed. This tool helps plan your trading sessions by providing real-time information about the operational status of global Forex markets.
How to Identify and Avoid Forex Trading Scams?
To identify and avoid Forex trading scams, look for regulated brokers, be wary of unrealistic promises, and avoid brokers that pressure you to invest quickly. Research the broker thoroughly, read user reviews, and verify their regulatory status. Always be cautious with your investments and seek information from reliable sources.
What Is Negative Balance Protection in Forex Trading?
Negative balance protection in Forex trading is a feature that prevents traders from losing more money than they have deposited in their trading accounts. This protection ensures that a trader's account balance does not go into negative territory, safeguarding against unforeseen market volatility.
What is the Minimum Deposit Required to Start Forex Trading?
The minimum deposit required to start Forex trading varies depending on the broker. Some brokers for beginners offer accounts with minimum deposits as low as €5 to €100, while others may require higher amounts. Choosing a broker that suits your financial capabilities and trading goals is crucial.
What Leverage is Available for Forex Traders in Germany?
The leverage available for Forex traders in Germany is regulated by BaFin and EU directives. The maximum leverage is typically capped at 1:30 for major Forex pairs and lower for more volatile instruments. This regulation aims to protect traders from excessive risk and potentially significant losses.
