Best CFD Forex Brokers in Germany

Last updated September 2, 2026

The top regulated brokers offering CFD accounts to Germany traders — compared on spreads, fees, regulators, and minimum deposit.

How We Ranked

Rankings blend trust, pricing, and platform quality. Risk warning: CFDs carry high risk.

Regulated by BaFin (Germany), MiFID II (EU)Local deposits: SEPA Transfer, GiropayAccounts in EUR (Euro)
BrokerAnalysis Research Desk

Written by

BrokerAnalysis Research Desk

BrokerAnalysis Editorial Team

Fact Checked by

BrokerAnalysis Editorial Team

Top Shortlist for Germany

#1
XTB
XTB
Review
#2
IC Markets
IC Markets
Review
#3
XM
XM
Review
Full Comparison
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Use the guided matching flow to narrow your next broker by country, budget, and trading platform before you compare the full table.

Last reviewed:
By:BrokerAnalysis Research Desk
Fact-checked by:BrokerAnalysis Editorial Team
Last verified: Sep 2026

Our 2 top picks for CFD in Germany

We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.

#1 · Best for CFD in Germany
XTB

XTB

Offers CFD
Min. deposit $0
  • Offers CFD
  • Regulated: FCA, KNF, CySEC, FSC
  • Minimum deposit $0
FCA, KNF, CySEC, FSC
#2 · Best alternative
IC Markets

IC Markets

Offers CFD
Min. deposit $200
  • Offers CFD
  • Regulated: ASIC, CySEC, Seychelles, SCB
  • Minimum deposit $200
ASIC, CySEC, Seychelles, SCB

Why these two

Both brokers here are confirmed to offer CFD for Germany traders — this list only includes brokers we've verified have this specific feature, not every broker that's generally popular in Germany.

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Trade only what you can afford to lose.

What do CFD brokers actually cost Germany traders?

Across the 10 CFD brokers available to Germany traders on this page, the median researched EUR/USD spread is 0.3 pips, ranging from 0.0 to 1.5 pips, with 9 of those figures taken from the broker's own published specification.

CFD brokers for Germany traders

CFD trading from Germany gives you access to forex, indices, commodities, stocks, and crypto through a single broker account — without owning the underlying assets. Our current ranking starts with XTB where it is available, followed by IC Markets, XM, and AvaTrade. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account. This guide ranks 10 brokers for Germany traders. The median minimum deposit across the listed brokers is $50 — low — most traders can start with a modest balance. Local oversight for Germany traders sits with BaFin. Forex and CFD trading access depends on broker permissions and local solicitation rules. Verify serving entity before deposit. Oversight relevant to traders in Germany sits with BaFin. Brokers licensed in the EU or UK cap retail leverage at 30:1 on major FX pairs under ESMA/FCA product-intervention rules, so the headline leverage a broker advertises offshore is not what a locally regulated entity will give you.

Country Offers

Available offers for Germany traders

Verified broker incentives that may be available in this market. We keep these below the core safety and pricing checks so the shortlist still feels editorial-first.

Browse All Promotions

IC Markets

ASIC (Australia)
Cashback / Rebate

Up to $2.50/Lot Rebate + 21% Comm Off

Raw Trader Plus rebate up to $2.50/lot. Save ~$1.50/lot with 21% lifetime commission discount.

Verified Jun 15, 2026

AvaTrade

Central Bank of Ireland
Welcome Bonus

Up to 40% Deposit Bonus (Max $10,000)

Up to 40% welcome deposit bonus, max $10,000. Tiered from $50 bonus on $250 deposit upward.

Verified Jun 15, 2026

XM

CySEC (Cyprus)
No-Deposit Bonus

$30 No-Deposit Bonus for New Clients

$30 no-deposit bonus for new clients. Profits withdrawable after meeting volume requirements.

Verified Jun 15, 2026

Germany Trading Guide

Regulated by
BaFin (Germany), MiFID II (EU)
Legal status
Fully Regulated - Strict EU protections
Accounts in
EUR (Euro)
Popular pairs
EUR/USD, EUR/GBP, DAX40
Available in Germany
SEPA TransferGiropaySOFORTDeutsche BankCommerzbankSparkasse

Local conversion checklist

What Germany traders should verify first

Regulation and legal status

Call out BaFin, EU passporting, CySEC/FCA entity differences, and ESMA retail leverage limits.

Local payment methods

Show EUR funding, SEPA/bank transfer, card, PayPal/Skrill where available, and tax-reporting considerations.

German traffic needs more trust context than promo copy; lead with regulation, legal status, and EUR funding details.

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Best regulated brokers for Germany traders

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BaFin Regulation Status

5 brokers · how we rank

Compare BaFin-regulated brokers.

BrokerWithdrawalBaFin StatusGerman PaymentsMin DepositRegulation & fundingAction
XTB4.7/5.0
0.8 pips (Standard)$0Usually same day (free for >$50)
FCA (UK)KNF (Poland)CySEC (Cyprus)
IC Markets4.6/5.0
0.0 pips (Raw) | 0.8 pips (Standard)$20024-48 hours
ASIC (Australia)CySEC (Cyprus)Seychelles FSA
0.624 hoursYes (EU passport)SEPA, Giropay, Skrill€5
No tier-1 licence listed
0.91-2 daysBaFin registeredSEPA, SOFORT, Giropay€100
No tier-1 licence listed
0.11-2 daysBaFin registeredSEPA, Bank Transfer€0
No tier-1 licence listed
Rank 01 · best overall
XTB4.7/5.0
Spread
0.8 pips (Standard)
Min dep.
$0
Withdrawal
Usually same day (free for >$50)
BaFin Status
German Payments
Min Deposit
FCA (UK)KNF (Poland)CySEC (Cyprus)
Visit XTB Read review
Rank 02
IC Markets4.6/5.0
Spread
0.0 pips (Raw) | 0.8 pips (Standard)
Min dep.
$200
Withdrawal
24-48 hours
BaFin Status
German Payments
Min Deposit
ASIC (Australia)CySEC (Cyprus)Seychelles FSA
Visit IC Markets Read review
Rank 03
XM
Spread
0.6
Min dep.
Withdrawal
24 hours
BaFin Status
Yes (EU passport)
German Payments
SEPA, Giropay, Skrill
Min Deposit
€5
Visit XM Read review
Rank 04
AvaTrade
Spread
0.9
Min dep.
Withdrawal
1-2 days
BaFin Status
BaFin registered
German Payments
SEPA, SOFORT, Giropay
Min Deposit
€100
Visit AvaTrade Read review
Rank 05
Pepperstone
Spread
0.1
Min dep.
Withdrawal
1-2 days
BaFin Status
BaFin registered
German Payments
SEPA, Bank Transfer
Min Deposit
€0
Visit Pepperstone Read review

We earn a commission when you open an account through the buttons above. It does not change the ranking — our methodology. High risk: 68–80% of retail CFD accounts lose money.

In-Depth Broker Analysis

Our research team continuously monitors over 100 parameters per broker. Below is a detailed breakdown of our top-rated platforms, including their distinct advantages, ideal user profiles, and potential drawbacks.

XTB logo
Our Rating
4.7/5.0
Best ForActive European traders & stock CFD investors
Min Deposit$0

XTB Review Summary

XTB is an Market Maker / STP broker regulated by FCA (UK), KNF (Poland), CySEC (Cyprus), FSC (Belize). Best suited to Active European traders & stock CFD investors. EUR/USD from 0.8 pips (Standard), minimum deposit $0.

Pros
  • Award-winning xStation 5 proprietary platform is fast and intuitive
  • 0% commission on real stocks and ETFs up to €100k/month
  • Publicly traded company with transparent financials
  • No minimum deposit required
Cons
  • Phased out MT4 in many regions
  • No longer offers a raw/ECN zero-spread account format
  • Not available to clients in the US, Canada, or Australia
IC Markets logo
Our Rating
4.6/5.0
Best ForScalpers, EA traders & low-latency algorithmic trading
Min Deposit$200

IC Markets Review Summary

IC Markets is an True ECN broker regulated by ASIC (Australia), CySEC (Cyprus), Seychelles FSA, SCB (Bahamas). Best suited to Scalpers, EA traders & low-latency algorithmic trading. EUR/USD from 0.0 pips (Raw) | 0.8 pips (Standard), minimum deposit $200.

Pros
  • Consistently deepest liquidity and tightest raw spreads (0.0)
  • Servers located in NY4 & LD5 datacenters for <40ms latency
  • No restrictions on scalping, hedging, or EAs
  • Excellent support for cTrader and TradingView
Cons
  • Customer service can be slower during peak times
  • Protection and leverage depend heavily on your account entity
  • Basic research and educational material
XM logo
Our Rating
4.5/5.0
Best ForPopular with German traders.
Min Deposit€5

XM Review Summary

XM is popular among German traders with Giropay support and extensive educational resources in German.

Pros
  • Regulation varies by entity
  • Minimum deposit: €5
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Low — compare account types before opening
AvaTrade logo
Our Rating
4.5/5.0
Best ForSOFORT & Giropay.
Min Deposit€100

AvaTrade Review Summary

AvaTrade accepts SOFORT and Giropay for instant EUR deposits. BaFin registered.

Pros
  • Regulation varies by entity
  • Minimum deposit: €100
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Standard — compare account types before opening
Pepperstone logo
Our Rating
4.5/5.0
Best ForBaFin registered.
Min Deposit€0

Pepperstone Review Summary

Pepperstone is BaFin registered with institutional-grade execution and spreads from 0.0 pips.

Pros
  • Regulation varies by entity
  • Minimum deposit: €0
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening

Frequently Asked Questions About CFD Forex Brokers in Germany

Frequently Asked Questions

The best CFD brokers for Germany traders offer competitive spreads across multiple asset classes (not just forex), reliable EUR deposits, and strong regulation. All brokers on this page are verified for Germany availability.
When you buy a stock, you own a share of the company. When you trade a stock CFD, you speculate on price movement without ownership. CFDs allow leverage and short-selling, but carry higher risk and overnight financing costs.
Leverage varies by regulation and asset class. EU/UK/AU-regulated brokers offer up to 1:30 for forex, 1:20 for indices, 1:10 for commodities. Offshore brokers may offer 1:500+ but with less regulatory protection.
CFD trading is legal in most countries including Germany, though it is banned in the US and restricted in some markets. The brokers listed here accept Germany residents and hold valid licences.
Three cost components: (1) spread — the gap between buy and sell price; (2) commission — some brokers charge per-lot; (3) overnight swap — a financing charge for holding positions past the daily rollover. Day traders avoid swaps.
Forex (EUR/USD, GBP/USD), stock indices (S&P 500, NASDAQ, DAX), commodities (gold, oil), and cryptocurrency CFDs (Bitcoin, Ethereum). Multi-asset CFD brokers let you trade all of these from one account.
Forex trading in Germany: Forex and CFD trading access depends on broker permissions and local solicitation rules. Verify serving entity before deposit. The market is overseen by BaFin. Verify your own eligibility with the broker before funding an account — rules can change and we date-stamp this page when they do.

Sources & References

  1. Pepperstone
  2. XM
  3. XTB
  4. CMC Markets
  5. IC Markets
  6. FP Markets

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Not Financial Advice:

Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers. See Editorial Policy and Data Sources.

Affiliate Disclosure:

BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology. Read our Content Standards.

Regional Availability Notice

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 the country-acceptance status captured in our latest eligibility checks.

How we measured this — CFD brokers for Germany traders

Across the 10 CFD brokers available to Germany traders on this page, the median researched EUR/USD spread is 0.3 pips, ranging from 0.0 to 1.5 pips, with 9 of those figures taken from the broker's own published specification.

median researched EUR/USD spread
0.3 pips
Brokers measured
10
Linked to broker spec
9 of 10
Data as of
2026-09-02

Figures compiled by BrokerAnalysis from each broker's own published specification where available, otherwise from our broker catalogue. Per-broker spreads, minimum deposits and regulators are listed in the comparison table on this page. Spreads are typical, not guaranteed, and change with market conditions.

Sources: pepperstone.com · xm.com · xtb.com · cmcmarkets.com · icmarkets.com · fpmarkets.com · avatrade.com · tickmill.com · hantec.com

What changes locally

  • Oversight relevant to traders in Germany sits with BaFin.
  • Brokers licensed in the EU or UK cap retail leverage at 30:1 on major FX pairs under ESMA/FCA product-intervention rules, so the headline leverage a broker advertises offshore is not what a locally regulated entity will give you.