Best MT4 Forex Brokers in Germany

Last updated September 2, 2026

The top regulated brokers offering MT4 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
FXTM
FXTM
Review
#2
TIO Markets
TIO Markets
Review
#3
XM
XM
Review
Full Comparison
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Last reviewed:
By:BrokerAnalysis Research Desk
Fact-checked by:BrokerAnalysis Editorial Team
Last verified: Sep 2026

Our 2 top picks for MT4 in Germany

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

#1 · Best for MT4 in Germany
FXTM

FXTM

Offers MT4
  • Offers MT4
  • Regulated broker
  • Confirmed to support this feature
#2 · Best alternative
TIO Markets

TIO Markets

Offers MT4
Min. deposit $50
  • Offers MT4
  • Regulated: FCA (UK)
  • Minimum deposit $50
FCA (UK)

Why these two

Both brokers here are confirmed to offer MT4 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 MT4 brokers actually cost Germany traders?

Across the 7 MT4 brokers available to Germany traders on this page, the median researched EUR/USD spread is 0.0 pips, ranging from 0.0 to 1.0 pips, with 6 of those figures taken from the broker's own published specification.

MT4 brokers for Germany traders

MetaTrader 4 remains the most popular forex trading platform worldwide, and Germany traders are no exception. Our current ranking starts with FXTM where it is available, followed by TIO Markets, XM, and AvaTrade. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account. This guide ranks 7 brokers for Germany traders. 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

FXTM

FCA (UK)
Welcome Bonus

$500 Welcome Bonus Reward Points

Use code HELLOFXTM on first deposits to unlock up to $500 in reward points after trading targets.

Verified Jun 15, 2026

HFM

FCA (UK)
Deposit Match

100% Supercharged Bonus + Daily Rebates

100% SuperCharged bonus credit plus daily rebates on qualifying Forex and Gold volume.

Verified Jun 15, 2026

Libertex

CySEC (Cyprus)
Welcome Bonus

100% Welcome Bonus up to $10,000

100% welcome bonus up to $10,000 on first deposit (min $100). 10% commission cashback.

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

7 brokers · how we rank

Compare BaFin-regulated brokers.

BrokerWithdrawalBaFin StatusGerman PaymentsMin DepositRegulation & fundingAction
0.124 hoursCySEC (EU passport)SEPA, Skrill€10
No tier-1 licence listed
From ~1.0 pips (confirm current terms)$50Confirm current terms directly
No tier-1 licence listed
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
0.024 hoursCySEC (EU passport)SEPA, Skrill€0
No tier-1 licence listed
0.11-2 daysBaFin registeredSEPA, Bank Transfer€0
No tier-1 licence listed
0.0 pips (Commission-based)$101-5 business days
No tier-1 licence listed
Rank 01 · best overall
FXTM
Spread
0.1
Min dep.
Withdrawal
24 hours
BaFin Status
CySEC (EU passport)
German Payments
SEPA, Skrill
Min Deposit
€10
Visit FXTM Read review
Rank 02
TIO Markets
Spread
From ~1.0 pips (confirm current terms)
Min dep.
$50
Withdrawal
Confirm current terms directly
BaFin Status
German Payments
Min Deposit
Visit TIO 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
HFM
Spread
0.0
Min dep.
Withdrawal
24 hours
BaFin Status
CySEC (EU passport)
German Payments
SEPA, Skrill
Min Deposit
€0
Visit HFM Read review
Rank 06
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
Rank 07
Libertex
Spread
0.0 pips (Commission-based)
Min dep.
$10
Withdrawal
1-5 business days
BaFin Status
German Payments
Min Deposit
Visit Libertex 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.

FXTM logo
Our Rating
4.5/5.0
Best ForStrong education.
Min Deposit€10

FXTM Review Summary

FXTM offers excellent educational resources and copy trading via FXTM Invest.

Pros
  • Regulation varies by entity
  • Minimum deposit: €10
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Low — compare account types before opening
TIO Markets logo
Our Rating
4.5/5.0
Best ForBest for traders who have independently verified current terms and accept the trust concerns disclosed in our review.
Min Deposit$50

TIO Markets Review Summary

TIO Markets is a multi-regulated broker with MT4, MT5 access, From ~1.0 pips (confirm current terms) on EUR/USD, and $50 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

Pros
  • Regulation varies by entity
  • Minimum deposit: $50
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Competitive spread structure — compare account types before opening
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
HFM logo
Our Rating
4.5/5.0
Best ForZero spread accounts.
Min Deposit€0

HFM Review Summary

HFM offers zero spread accounts with zero minimum deposit. EU passport via CySEC.

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
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
Libertex logo
Our Rating
4.5/5.0
Best ForBest for zero-spread commission-based traders.
Min Deposit$10

Libertex Review Summary

Libertex is a multi-regulated broker with Libertex Web, Libertex Mobile, MT4, MT5 access, 0.0 pips (Commission-based) on EUR/USD, and $10 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

Pros
  • Regulation varies by entity
  • Minimum deposit: $10
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Raw or ultra-low spread account available — compare account types before opening

Frequently Asked Questions About MT4 Forex Brokers in Germany

Frequently Asked Questions

All brokers on this page offer MetaTrader 4 to Germany traders with full functionality: automated trading (EAs), custom indicators, one-click execution, and mobile apps. EUR deposits are supported.
Yes. While MetaQuotes has stopped issuing new MT4 licenses, existing broker integrations continue to work. All brokers on this page maintain active MT4 server infrastructure. Some also offer MT5 alongside MT4.
MT4 has the larger EA ecosystem and is simpler to use. MT5 offers more timeframes (21 vs 9), built-in DOM, and support for stocks/futures. For forex-only trading with EAs, MT4 is usually preferred. For multi-asset trading, choose MT5.
Yes. All MT4 brokers on this page allow Expert Advisors (automated trading). Some brokers offer free VPS hosting for EA users, reducing latency. Check each broker's EA policy — a few restrict certain high-frequency EA strategies.
Yes. MT4 mobile apps are available for iOS and Android, offering chart analysis, order management, and account monitoring. However, EA execution requires the desktop or VPS version — mobile does not run automated strategies.
Download MT4 from your broker's website — each broker provides their own branded MT4 build with pre-configured server settings. The generic MT4 download from MetaQuotes may not include your broker's servers.
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.

Top Searched Questions

Which brokers offer the best MT4 trading experience?

The best MT4 brokers combine raw spreads from 0.0 pips, sub-50ms execution, free VPS hosting, and full support for Expert Advisors. Look for brokers with servers close to your location, hedging support, and the ability to use custom indicators from the large MQL4 community.

How do I choose an MT4 forex broker?

Priority criteria for MT4 broker selection: 1) Regulation quality (Tier-1 preferred), 2) Spread competitiveness on your pairs, 3) Execution type (ECN vs. STP), 4) EA policy (some brokers restrict scalping EAs), 5) VPS availability, 6) Server location for latency. Demo test for at least two weeks.
Information automatically localized based on "best mt4 brokers" and related trends.

Sources & References

  1. Pepperstone
  2. XM
  3. AvaTrade
  4. HFM
  5. FXTM
  6. Libertex

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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 — MT4 brokers for Germany traders

Across the 7 MT4 brokers available to Germany traders on this page, the median researched EUR/USD spread is 0.0 pips, ranging from 0.0 to 1.0 pips, with 6 of those figures taken from the broker's own published specification.

median researched EUR/USD spread
0 pips
Brokers measured
7
Linked to broker spec
6 of 7
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 · avatrade.com · hfm.com · fxtm.com · libertex.org

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.