Best Forex Brokers in Germany 2026
Top BaFin-regulated forex brokers with SEPA transfers, Giropay, and EUR accounts for German traders.
Written by
David Okonjo
Fact Checked by
Lisa Martinez
Top 7 Brokers for German Traders
Germany has Europe's largest forex trading market, regulated by BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht). German traders benefit from strict EU/MiFID II investor protections including negative balance protection and leverage limits. We've identified the best brokers with BaFin registration, SEPA transfers, and Giropay support.
Is forex trading legal in Germany?
Yes, forex trading is fully legal in Germany and regulated by BaFin under EU MiFID II rules. German traders enjoy strict investor protections.
BaFin Regulation Status
Compare BaFin-regulated brokers.
Detailed Broker Analysis
Popular with German traders.
XM is popular among German traders with Giropay support and extensive educational resources in German.
Ultra-low spreads.
Exness offers raw spreads from 0.0 pips with instant withdrawals. Zero minimum deposit.
SOFORT & Giropay.
AvaTrade accepts SOFORT and Giropay for instant EUR deposits. BaFin registered.
BaFin registered.
Pepperstone is BaFin registered with institutional-grade execution and spreads from 0.0 pips.
BaFin-regulated market leader.
IG is one of the largest BaFin-regulated brokers in Germany with a Frankfurt office and German-language support.
Zero spread accounts.
HFM offers zero spread accounts with zero minimum deposit. EU passport via CySEC.
Strong education.
FXTM offers excellent educational resources and copy trading via FXTM Invest.
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Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows country acceptance status. Please verify availability with the broker directly before proceeding.
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January 2026