We found 11 online brokers that are appropriate for Trading German.

Best German Brokers Guide

Germany Financial Markets

German Brokers

If you looking to start investing and are looking for the best brokers in Germany, you will find this article very useful. We will discuss what you should look out for when deciding upon which German brokers are safe to execution your trading strategy with.

Best German brokers

The best broker accounts for trading in Germany don't necessarily need to have a office in Germany or be based there. In the internet age you may find that that a broker with good regulation may offer you a better deal and be safe if not safer. Many brokers like eToro or XTB can help you trade successfully in German Forex market. We have a full list of German brokers further below this article.

Regulation - The first thing to look while choosing for the best German brokers is to know whether he or the firm is regulated. Usually German brokers are registered with BaFin and this can be crosschecked from official website of BaFin.

German Trading platforms

Make sure before depositing money with German brokers that you have a full understanding of what they are offering you.

The brokers platform should be easy-to-use and offer insights and research to help you analyze the market before making an investment.

German Brokerages

The brokerages play important role in your trading. More brokerage fees or commissions mean good portion of your profit will be eaten away. So, look for German brokers who charge competitive fees and commissions.

Brokers Customer service

Broker client support is important. Your questions should be answered and problems are solved . Most of the German brokers offer good customer service. Do check to see if your broker offer a live chat feature on their website.

Other services

Many German brokers offers educational resources to new traders. Additional analysis and research about the market can be done y registering with multiple brokers and utilizing their education resources, many of which are free.

Trading with German brokers

There are several trading options in Germany, we list them below:

Forex trading

Forex trading is one of the primary trades in Germany. It is exchange of one currency with another and the difference in their price value is either profit or loss.

CFD trading

CFD trading id trading contracts for difference. CFDs offer leverage greater than the clients deposited amount. Make you understand CFDs thoroughly before trading as although your gains can be greater so can your losses. You may lose more than your deposited amount.

It is a derivative financial instrument. Traders can speculate on future of assets like stock, commodity, currency pair, stock index and other similar financial instruments.

Demo account

New traders should start with a demo account to gain experience of a new market. Demo accounts are great. You can learn each brokers platform with a demo account using virtual money. No risk.

Islamic account

Traders who want to trade under Sharia law can open an Islamic account. Many brokers in Germany offer Islamic accounts. We list some below.

Germany trade opportunities

According to Germany's economic development agency GTAI, Germany is the world's fourth largest economy. Germany offers excellent trading opportunities to investors as it has a large domestic market.

Germany is the third-largest exporter in the world after China and United States. Germany has a well established educational system. Most Germans are very well educated.

Germany trade challenges

Germany is a part of European Union and the Brexit lately has caused allot of uncertainty. Once the United Kingdom walks out of the EU, Germany and other European countries may see some changes in their economies.

German Brokers Verdict

Germany is a good market for traders and investors. German brokers are well regulated by official regulatory authorities. Until Brexit finally occurs the German market is favorable. After Brexit unpredictable circumstances may arise.

Germany, particularly the capital Berlin, has been a world financial center for many centuries.

Restructuring and deregulation has transformed the financial sector during the last 3 decades with important changes in the Frankfurt Stock Exchange Die Frankfurter Wertpapierb�rse, insurance, banking, shipping, and commodity markets.

Germany known as DE or Deutschland has a number of established reputable financial markets.

The main German securities markets include the Frankfurt Stock Exchange Die Frankfurter Wertpapierb�rse which deals in officially listed stocks and shares,government issues, traded options, stock index options, currency options, foreign exchange, futures, metals, gold, silver, agricultural and other commodities.

The Bundesbank is responsible for issuing monetary policy in Germany.

We've collected thousands of datapoints and written a guide to help you find the best German Brokers for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best german brokers below. You can go straight to the broker list here.

Trading in Germany

When trading in Germany you will need to know what your options with your Germany trading broker are.

We list below the trading account types available in Germany. If you are looking for brokers in Germany that are suitable for trading in the Forex, CFD's, Indices and ETFs, Cryptocurrencies or commodity markets; this Germany broker guide will explain the things you should check and be aware of before you invest.

Forex Trading in Germany

Forex trading is growing in popularity in Germany. The volume of Forex traded in Germany has increased year on year over the last five years.

Across the world $5.1 trillion USD in volume is traded every single day. This is a huge amount in comparison with other financial market sectors.

Advances in online technology, higher internet coverage in Germany and increased competition among brokerages have made Forex trading more accessible and reduced the costs of trading generally.

Is Forex Trading Legal in Germany?

Their is a misconception that trading Forex on the financial market in Germany is considered unsafe. This is not the case, Forex trading in Germany is very active.

Trading in Forex is allowed in Germany as to conduct business currency must be exchanged. Forex is an integral part of import and export and investing internationally. The important thing is that when trading Forex you pick a safe and reputable broker that is regulated. Germany Forex trading is not banned, their are many international online brokers offering favourable trading conditions.

Do Forex Traders Pay Tax in Germany?

Once a traders profits reach a level where the income on the Forex trading can be taxed in Germany the trader should make sure all taxes owed for a financial year are paid. Germany taxes should be filed even if there were losses on the year. If Trading losses cannot be claimed against personal income taxes. A trader should file them with the proper government agency in Germany. You should seek advice with a Germany tax professional to ensure they are abiding by all proper tax laws in Germany. In Germany Islamic accounts do not have additional restrictions on trades.

Cryptocurrencies in Germany

Cryptocurrency markets in Germany are relatively new. Because Cryptocurrency works on decentralised assets in Germany things like interest rate changes and political instability do not affect cryptocurrencies as much as the currency markets in Germany for example.

Due to a large young population in Germany with growing income levels and wide spread adaptation of online technology cryptocurrency trading volume is increasing greatly in Germany. $6 billion USD worth of Bitcoin is traded daily around the world.

Commodity Trading in Germany

In Germany commodity trading includes the trade in precious metals, energies and agricultural commodities.

Some commodities like metals are seeing exponential growth in Germany since 2002.

Fast growing countries like China and India have been growing rapidly over the last 3 decades. This has meant that countries like China and India have a vast requirement for many basic commodities and raw materials for their populations. Crops to feed people and metal to build infrastructure for example. This means countries like Germany are able to take advantage of this demand.

We list brokers that allow you to trade commodities in Germany here.

Islamic Accounts in Germany

Germany brokers support Islamic accounts or swap-free accounts. Germany Islamic accounts have no rollover interest on overnight positions to comply the Muslim faith. Traders of Islamic faith are forbidden to pay interest. Brokers in Germany offer accounts that are suitable for Islamic traders. These Germany brokers complies with Sharia law.

Benefits of Trading in Germany

Germany economy and population is growing. The middle class population in Germany is increasing which means a growing consumer base. Many business and financial opportunities exist in Germany. Germany has a young population educated in technology and the internet.

Concerns of Trading in Germany

Germany digitisation of financial trading has made it easier to defraud unsuspecting investors across the internet. Make sure the broker you trade with is regulated and passes the checklist in this Germany guide. Educate yourself as much as possible open a demo account if necessary be you open a live trading account.

Learn about leverage when trading. Germany Brokers offering high leverage trades in Germany can mean high profit margins. But this goes both was it can also mean huge losses. There are things like negative balance protection and stop loss accounts which some Germany brokers offer as a level of protection. you can learn more about further below on this guide.

Reputable German Brokers Checklist

There are a number of important factors to consider when picking an online German trading brokerage.

Check your German broker has a history of at least 2 years .

. Check your German broker has a reasonable sized customer support of at least 15 .

. Does the German broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.

from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes. Check your German broker has the ability to get deposits and withdrawals processed within 2 to 3 days . This is important when withdrawing funds.

. This is important when withdrawing funds. Does your German broker have an international presence in multiple countries . This includes local seminar presentations and training.

. This includes local seminar presentations and training. Make sure your German can hire people from various locations in the world who can better communicate in your local language.

It is not essential that your brokerage is local but they must have regulation from a Tier 1 reputable country. In fact the brokers international regulation could be more reputable than your local region.

When deciding to trade and find a suitable German broker if you wish your broker to be 100% local check they are governed and regulated by the below.

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering German Brokers.

We compare these features to make it easier for you to make a more informed choice.

Minimum deposit to open an account.

Available funding methods for the below German Brokers.

What you are able to trade with each brokerage.

Trading Platforms offered by these brokers.

Spread type (if applicable) for each brokerage.

Customer support levels offered.

We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.

Top 15 German Brokers of 2020 compared

Here are the top German Brokers (DE).

Compare German Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are german brokers. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more german brokers that accept german clients

All German brokers in more detail

You can compare German Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top German Brokers for 2020 article further below. You can see it now by clicking here

We have listed top German brokers below.