ForexLicenses

Forex brokers regulated in Germany

Germany is home to one regulator tracked by ForexLicenses.com: the Federal Financial Supervisory Authority (BaFin). We match 9 brokers to a licence from this regulator. 5 brokers are headquartered in Germany.

Rules for traders in Germany

BaFin supervises German investment firms and banks; ESMA retail rules and EdW compensation apply.

Regulators in Germany

BaFin 1 Federal Financial Supervisory AuthorityEdW — 90% of claim, up to €20,000 (plus €100,000 deposit guarantee at banks)

Brokers licensed in Germany 9

Brokers matched to at least one licence from a regulator based in Germany. Holding a local licence does not mean every client of the brand is served by the local entity.

Broker Licences on record Licence Score Actions
1 I IG Spread betting & CFD provider, since 1974 ASICBaFinCFTC / NFAFCAFINMAJFSA+5 93Very strong Licences Visit site
2 CM CMC Markets Spread betting & CFD provider, since 1989 ASICBaFinCIROFCAMASFMA (NZ) 86Very strong Licences Visit site
3 MG MultiBank Group Forex & CFD broker, since 2005 ASICBaFinMASCySECFMA (NZ)CIMA+1 80Very strong Licences Visit site
4 P Pepperstone Forex & CFD broker, since 2010 ASICBaFinFCACySECDFSACMA (Kenya)+1 78Strong Licences Visit site
5 F flatex Multi-asset broker, since 1999 BaFin 65Strong Licences Visit site
6 C Consorsbank Trading bank, since 1994 BaFin 60Moderate Licences Visit site
7 F FXFlat Forex & CFD broker, since 2004 BaFin 60Moderate Licences Visit site
8 C comdirect Trading bank, since 1994 BaFin 60Moderate Licences Visit site
9 C CapTrader Multi-asset broker, since 2009 BaFin 58Moderate Licences Visit site

Brokers headquartered in Germany 5

Broker Licences on record Licence Score Actions
F flatex Multi-asset broker, since 1999 BaFin 65Strong Licences Visit site
F FXFlat Forex & CFD broker, since 2004 BaFin 60Moderate Licences Visit site
C comdirect Trading bank, since 1994 BaFin 60Moderate Licences Visit site
C Consorsbank Trading bank, since 1994 BaFin 60Moderate Licences Visit site
C CapTrader Multi-asset broker, since 2009 BaFin 58Moderate Licences Visit site

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.