In this guide we go over the top-rated Trading Platforms in Germany. Germany has the largest economy in Europe since 1980, with the highest GDP. Germany has a strictly regulated online trading market with many reliable online brokers and trading platforms.
Before you start online trading in Germany, you should inform yourself and pick only the most reputable and reliable German Online Brokers. We listed the best trading platforms for stocks, options, forex, cryptocurrency, copy trading, and trading apps for investors in Germany.
Table of Contents
List of the Top Trading Platforms in Germany 2023
Here is the list of the Best Trading Platforms Germany.
- Interactive Brokers – Best Trading Platform in Germany Overall
- eToro – Best Copy Trading Platform in Germany
- AvaTrade – Best Forex Trading Platform Germany
- DEGIRO – Best ETF Trading Platform Germany
- XTB – Best Day Trading Platform Germany
- Firstrade – Best Options Trading Platform Germany
My Top 3 Picks
Best Forex Broker
PFI Rating 4.9
76% of retail investor accounts lose money when trading CFDs with this provider.
Best Overall in Germany
PFI Rating 4.9
69.0% of retail investor accounts lose money when trading CFDs with IBKR.
Copy Trading
PFI Rating 4.9
77% of retail investor accounts lose money when trading CFDs with this provider.
Retail investing is gaining traction in Europe and Germany in recent years. Likewise, there has been a steady rise in online brokers allowing German residents to open stock trading accounts.
Some Online Brokers in Germany are better for Stocks, while others are better suited for forex, options, and cryptocurrency trading.
| Broker | Info | Our Score | Accepts Clients | Minimum | Best For | |
|---|---|---|---|---|---|---|
| #1 | Interactive Brokers | International Broker with all Assets Classes | 4.9 | Globally | €0 | Global Markets and all Asset Classes |
| #2 | eToro | Best Copy Trading Platform Germany | 4.9 | Globally | €100 | Zero-commission Stocks and Copy Trading in Germany |
| #3 | AvaTrade | Best Forex Trading Platform Germany | 4.9 | Globally | €100 | Forex and CFD Trading |
| #4 | XTB | Best CFD Broker Germany | 4.8 | Globally | €0 | CFD Trading Germany |
| #5 | DEGIRO | Best ETF Broker in Germany | 4.7 | Europe | €0 | ETF Trading in Germany |
| #6 | Firstrade | Great For Options Trading in Europe | 4.7 | Globally | €0 | Options Trading in Germany |
PFI Rating: 4.9/5
1. Interactive Brokers
Interactive Brokers is the Best Trading Platform in Germany Overall.
Interactive Brokers was founded in 1978 and is regulated by 11 top-tier authorities worldwide. They are a NASDAQ listed private company with $12.6B in Equity capital and 2.29 Million Client accounts worldwide.
On Interactive Brokers' Official Website
Interactive Brokers offers low commissions and fees, wide range of markets, outstanding research and advanced trading tools. More than 120 technical indicators
There is no minimum deposit with one free withdrawal per month. On top of that, Interactive Brokers doesn't have an inactivity fee.
Deposit methods include: Bank Wire, Credit Cards, ACH, Mail a check, Rollover, Online Bill Pay, Trustee-to-Trustee, and SEP Contribution. There are 27 base currencies available including Euro (€) deposits.
They offer access to more than 150 global markets to over 200 countries including Germany.
IBKR Investment products include: Stocks, ETFs, Options, Futures, Currencies, Cryptocurrencies, US Spot Gold, Bonds, Mutual Funds, and Hedge Funds. This makes is our top choice for every type of traders.
Interactive Brokers has the best market data providers, but a monthly subscription is required.
Interactive Broekrs offers German Customers their beginner-friendly IBKR GlobalTrader app and well-known professional Trader Workstation platform.
| Trading Platform | Interactive Brokers |
|---|---|
| Founded | 1978 |
| Regulation | SEC, CFTC, FCA, NFA, MAS, CBI, IIROC, ASIC, CSSF |
| Offering Of Investments | Stocks, ETFs, Options, Futures, Currencies, Cryptocurrencies, US Spot Gold, Bonds, Mutual Funds, Hedge Funds |
| Minimum Deposit | €0 |
| Demo Account | Yes |
| Withdrawal Fee | 1 Free Withdrawal per Month |
| Inactivity Fee | No |
| Deposit Methods | Bank Wire, Credit Cards, ACH, Mail a check, Rollover, Online Bill Pay, Trustee-to-Trustee, SEP Contribution |
PFI Rating: 4.9/5
2. eToro
eToro is our top pick as the best copy trading platform in Germany. eToro is a multi-asset platform with over 15 million users worldwide.
eToro was founded in 2007, and is regulated by top-tier authorities worldwide. These include FCA, CySEC, ASIC, and FSAS.
Disclaimer: CFDs are complex instruments that come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading CFDs with this provider. Make sure you understand how CFDs work and if you can afford to take the high risk of losing your money.
eToro offers an easy to use trading platform and is best suited for clients looking for an robust online broker in Germany. The minimum deposit is €50 in Germany. They offer the following deposit methods: PayPal, Skrill, Neteller, Credit Card, Debit Card, Rapid Transfer,iDEAL, Klarna / Sofort Banking, Bank Transfer, Online Banking – Trustly, and POLi.
eToro has web-based trading platform and an trading app compatible with both Android and iOS.
They offer zero-commission trading on for selected US stocks and CFDs on Stocks, ETFs, Forex, Crypto, Indices, and Commodities. ADRs, Options, and Mutual Funds are not available.
A downside of eToro is their inactivity fee of €10 per month for inactive accounts.
| Trading Platform | eToro |
|---|---|
| Founded | 2007 |
| Regulation | FCA, CySEC, ASIC, FSAS |
| Offering Of Investments | Stocks, ETFs, Forex, Crypto, Indices, Commodities |
| Minimum Deposit | $50 – $100 |
| Demo Account | Yes |
| Withdrawal Fee | $5 |
| Inactivity Fee | $10/month |
| Deposit Methods | PayPal, Skrill, Neteller, Credit Card, Debit Card, Rapid Transfer, iDEAL, Klarna / Sofort Banking, Bank Transfer, Online Banking – Trustly, POLi |
PFI Rating: 4.9/5
3. AvaTrade
AvaTrade is our top pick as the Best Forex Broker in Germany. AvaTrade was founded in 2006 and is regulated by FCA, ASIC, FSCA, FRSA, Israel Securities Authority, Financial Services Agency, and Financial Futures Association of Japan.
71% of retail investor accounts lose money when trading CFDs with this provider.
They offer an excellent trading platform and trading app. AvaTrade offers a wide range of investment products mostly through CFDs. These include Forex, Stocks, Commodities, FXOptions, Cryptocurrencies, Indices, ETFs, and Bonds.
Their 24/5 customer service is responsive and is available through email, phone, WhatsApp, and live chat.
The AvaTrade minimum deposit in Germany is €100. They offer deposits through Credit and Debit Cards, Wire Transfer, and e-payments.
One downside is the inactivity fee, which is €50/month after 3 months of inactivity.
One of the biggest benefits is their AvaProtect risk management service. This allows clients to protect their losses for a fee up to 1 million €.
| Trading Platform | AvaTrade |
|---|---|
| Founded | 2006 |
| Regulation | FCA, ASIC, FSCA, FRSA, Israel Securities Authority, Financial Services Agency, Financial Futures Association of Japan |
| Offering Of Investments | Forex, Stocks, Commodities, FXOptions, Cryptocurrencies, Indices, ETFs, Bonds |
| Minimum Deposit | $100 |
| Demo Account | Yes |
| Withdrawal Fee | $0 |
| Inactivity Fee | $50/month After 3 Months |
| Deposit Methods | Credit and Debit Cards, Wire Transfer, e-payments |
PFI Rating: 4.7/5
4. DEGIRO
DEGIRO is our top pick for ETF investing in Germany. DEGIRO is a German-Dutch Trading platform founded in 2008. It is regulated by Netherlands Authority for the Financial Markets (AFM), FCA (Financial Conduct Authority), and BaFin.
On DEGIRO Official Website
DEGIRO is a great choice for long term investors looking for a low cost online stock broker in Germany. They charge no inactivity fees, deposit fees, or withdrawal fees.
DEGIRO offers access to over 30 exchanges worldwide. Their investment products include Shares, ETFs, Currencies, Bonds, Options, Futures, and Warrants.
The DEGIRO minimum deposit in Germany is €0. They only offer one deposit method which is Bank Transfer.
| Trading Platform | DEGIRO |
|---|---|
| Founded | 2008 |
| Regulation | Netherlands Authority for the Financial Markets (AFM), FCA (Financial Conduct Authority), BaFin |
| Offering Of Investments | Shares, ETFs, Currencies, Bonds, Options, Futures, Warrants |
| Minimum Deposit | $0 |
| Demo Account | No |
| Withdrawal Fee | No |
| Inactivity Fee | No |
| Deposit Methods | Bank Transfer |
PFI Rating: 4.7/5
5. XTB
XTB is our top pick as the best CFD trading Platform in Germany. XTB is an exchange liste company founded in 2002. It is regulated by top tier authorities like FCA, CySEC, Polish Financial Supervision Authority and Financial Services Commission in Belize.
XTB offers trading on over 2200 CFDs on about 1,700 stocks and 110 ETF CFDs, crypto, popular commodities, indices, and 48 forex currency pairs, with leverage of 1:30 (as restricted by EU regulation).
XTB is a great choice for German active traders. They offer an award-winning intuitive trading platform and trading app called xStation and xStation Mobile. Their execution speeds are great.
The XTB minimum deposit in Germany is €0. They offer Bank Transfers, Credit and Debit Cards, and Skrill deposits.
They charge an inactivity fee of €10 per month after 12 months of inactivity.
PFI Rating: 4.7/5
6. Firstrade
Firstrade is our top pick as the best options trading platform in Germany. Firstrade is a US Based online broker founded in 1985. It is regulated by SEC, CFTC, FCA, NFA, MAS, CBI, IIROC, ASIC, and CSSF. Firstrade offers the SIPC investor protection scheme for up to $500,000.
On Firstrade Official Website
Firstrade is unique as it offers US-style options to foreign customers including Germany. There are no commissions, contract fees, or exercise and assignment fees for US-style options.
The Firstrade minimum deposit in Germany is €0 and there are no deposit fees. They offer ACH, Check, and Wire Transfer deposits.
Available markets include Stocks, ETFs, Crypto, Margin Loans, Options, Mutual Funds, and Fixed Income.
| Trading Platform | Firstrade |
|---|---|
| Founded | 1985 |
| Regulation | SEC, CFTC, FCA, NFA, MAS, CBI, IIROC, ASIC, CSSF |
| Offering Of Investments | Stocks, ETFs, Crypto, Margin Loans, Options, Mutual Funds, Fixed Income |
| Minimum Deposit | $0 |
| Demo Account | No |
| Withdrawal Fee | $0 |
| Inactivity Fee | No |
| Deposit Methods | ACH, Check, Wire Transfer |
Compare Trading Platforms
You can compare the Trading Platforms Germany below to see how they stack up.
| Interactive Brokers |  eToro | AvaTrade | XTB | DEGIRO | Firstrade | |
|---|---|---|---|---|---|---|
| Our Score: | 4.9/5 | 4.9/5 | 4.9/5 | 4.8/5 | 4.7/5 | 4.7 |
| Founded | 1978 | 2007 | 2006 | 2002 | 2008 | 1985 |
| Regulation | SEC, CFTC, FCA, NFA, MAS, CBI, IIROC, ASIC, CSSF | FCA, CySEC, ASIC, FSAS | FCA, ASIC, FSCA, FRSA, Israel Securities Authority, Financial Services Agency, Financial Futures Association of Japan | FCA, CySEC, Financial Services Commission in Belize | Netherlands Authority for the Financial Markets (AFM), FCA (Financial Conduct Authority), BaFin | SEC, CFTC, FCA, NFA, MAS, CBI, IIROC, ASIC, CSSF |
| Offering Of Investments | Stocks, ETFs, Options, Futures, Currencies, Cryptocurrencies, US Spot Gold, Bonds, Mutual Funds, Hedge Funds | Stocks, ETFs, Forex, Crypto, Indices, Commodities | Forex, Stocks, Commodities, FXOptions, Cryptocurrencies, Indices, ETFs, Bonds | Forex, Indices, Commodities, Stock CFDs, ETF CFDs, Crypto | Shares, ETFs, Currencies, Bonds, Options, Futures, Warrants | Stocks, ETFs, Crypto, Margin Loans, Options, Mutual Funds, Fixed Income |
| Minimum Deposit | $0 | $50 – $100 | $100 | $0 | $0 | $0 |
| Demo Account | Yes | Yes | Yes | Yes | No | No |
| Withdrawal Fee | 1 Free Withdrawal per Month | $5 | $0 | 20 USD for withdrawals under 100 USD | No | $0 |
| Inactivity Fee | No | $10/month | $50/month After 3 Months | $10 monthly after 12 months | No | No |
| Deposit Methods | Bank Wire, Credit Cards, ACH, Mail a check, Rollover, Online Bill Pay, Trustee-to-Trustee, SEP Contribution | PayPal, Skrill, Neteller, Credit Card, Debit Card, Rapid Transfer, iDEAL, Klarna / Sofort Banking, Bank Transfer, Online Banking – Trustly, POLi | Credit and Debit Cards, Wire Transfer, e-payments | Bank Transfers, Credit and Debit Cards, Skrill | Bank Transfer | ACH, Check, Wire Transfer |
Features Compared
Compare the main features of trading platforms such as demo accounts, copy trading, leverage offered, availability of Islamic accounts and more.
| Interactive Brokers | eToro | AvaTrade | XTB | DEGIRO | Firstrade | |
|---|---|---|---|---|---|---|
| Demo Account: | Yes | Yes | Yes | Yes | No | No |
| Islamic Account: | Yes | Yes | Yes | Yes | No | No |
| Margin: | Yes | Yes | Yes | Yes | Yes | Yes |
| Leverage: | up to 1:30 | up to 1:30 | up to 1:30 | up to 1:30 | up to 1:30 | up to 1:30 |
| Copy Trading: | No | Yes | Yes | No | No | No |
| Trading Signals: | No | No (Copy Trading) | Yes | Yes | No | No |
When comparing the features of the trading platforms, Interactive Brokers takes the crown. They offer the most comprehensive offering when it comes to account types, trading tools, research tools, educational resources and more. For beginner traders, eToro is the best.
Platforms Compared
Compare the platforms offered by trading platforms Germany.
| Interactive Brokers | eToro | AvaTrade | XTB | DEGIRO | Firstrade | |
|---|---|---|---|---|---|---|
| Mobile App: | Yes | Yes | Yes | Yes (xStation Mobile) | Yes | Yes |
| Proprietary Platform: | Trader Workstation, Client Portal | Yes | Yes | xStation 5 | Yes | Yes |
| Desktop: | Yes (Trader Workstation) | No | Yes | Yes (xStation 5) | No | Yes |
| cTrader: | No | No | No | No | No | No |
| DupliTrade: | No | No | No | No | No | No |
| MetaTrader4: | No | No | No | No | No | No |
| MetaTrader5: | No | No | No | No | No | No |
Again, Interactive Brokers offers the most comprehensive offering when it comes to the trading software. They integrate with just about any research, analysis, market data provider available. For beginners eToro is the easiest to use in terms of design followed by AvaTrade.
Customer Service Compared
Compare the customer service of trading platforms in Germany.
| Interactive Brokers | eToro | AvaTrade | XTB | DEGIRO | Firstrade | |
|---|---|---|---|---|---|---|
| Email: | Yes | Yes | Yes | Yes | Yes | Yes |
| Phone Support: | Yes | No | Yes | Yes | Yes | Yes |
| Live Chat: | Yes | No | No | No | No | No |
When it comes to customer service, Interactive Brokers has the most knowledgeable customer service agents. They offer support through email, phone and live chat.
Markets Available
Compare the tradeable assets available at each platform below:
| Interactive Brokers | eToro | AvaTrade | XTB | DEGIRO | Firstade | |
|---|---|---|---|---|---|---|
| Stocks: | Yes | Yes | Yes | Yes | Yes | Yes |
| Forex: | Yes | Yes | Yes | Yes | No | No |
| Commodities: | Yes | Yes | Yes | Yes | Yes | No |
| Indices: | Yes | Yes | Yes | Yes | Yes | No |
| Cryptocurrencies: | Yes | Yes | Yes | Yes | Yes | Yes |
| ADR: | Yes | No | No | No | No | No |
| Options: | Yes | No | Yes | No | Yes | Yes |
| Mutual Funds: | Yes | No | No | No | Yes | Yes |
| ETFs: | Yes | Yes | Yes | Yes | No | Yes |
| Binary Options: | No | No | No | No | No | No |
When comparing market access, Interactive Brokers is by far the best. They cover almost every market. IBKR gives German clients access to over 150 markets in worldwide exchanges. It all depends on your investment/trading strategy, as you might not need them all.
Compare the trading fees below:
| Interactive Brokers | eToro | AvaTrade | XTB | |
|---|---|---|---|---|
| Inactivity Fee: | €0 | €10/month | €50/quarter | €10/month (after 1 year of no login activity) |
| Stocks ($1000 APPL Buy and Sell in 1 Week) | €0 Commission | 0% for selected real stocks and Spread for Stock CFDs | 0.13% Spread | 0.03 (CFD) |
| Forex: | min. €2/order | Varied Spread | Spread (0.9 – 700) | 0.5 pip |
| Bonds: | €0 per trade (remove liquidity)$0.10 per trade (add liquidity) | N/A | 0.03 – 0.06 Over Market | N/A |
| ETFs: | €0 Commission | Varied Spread | 0.13% – 0.15% | from 0.08% |
| Crypto: | 0.18% | Varied Spread | 0.2% – 2% Over Market | from 0.22% |
| CDFs: | Spread | Varied Spread | Spread | Spread |
| Withdrawal Fee: | €0 | €5 | €0 | €0 |
| Deposit Fee: | €0 | €0 | €0 | |
| Monthly Fee: | No | No | No | No |
How To Choose an Investment Platform in Germany?
When choosing a online broker in Germany, you should consider multiple factors. These include the trading platform reputation, regulation, safety, fees, market offering and trading tools to name a few.
Regulation – Always make sure you work with a regulated broker with a proven track record over the years.
Market Acces – Another thing to note is their market access. The online broker should provide you with access to the financial products you want to trade in Germany.
Usability – Another key point is the platform usability. You should always look for a platform that is easy to use but still packed with tools and features you need.
Customer Service – Customer service should be a top priority. When you are trading you should always have quick and knowledgeable customer support in case you need quick help.
Fees and commissions – When choosing an online trading platform, fees should be a top priority. Always look for an online trading platform that offers competitive fees and commission. High fees can make or break you success, especially in the long run.
Who regulates online trading platforms in Germany?
In Germany, The Federal Financial Supervisory Authority (German: Bundesanstalt für Finanzdienstleistungsaufsicht) or BaFin for short is the primary regulator for financial markets and institutions. BaFin is an independent federal institution headquartered in Frankfurt and Bonn.
Best Forex Broker
PFI Rating 4.9
76% of retail investor accounts lose money when trading CFDs with this provider.
Best Overall
PFI Rating 4.9
69.0% of retail investor accounts lose money when trading CFDs with IBKR.
Copy Trading
PFI Rating 4.9
77% of retail investor accounts lose money when trading CFDs with this provider.
Bottom Line
To summarize, here is the list of the Best Trading Platforms Germany:
| Rank | Broker | Best For |
|---|---|---|
| #1 | Interactive Brokers | Best Overall |
| #2 | eToro | Best Copy Trading Platform |
| #3 | AvaTrade | Best Forex Trading Platform |
| #4 | XTB | Best CFD Broker |
| #5 | Degiro | Best ETF Trading Platform |
| #6 | Firstrade | Best Options Trading Platform |
Overall, we recommend Interactive Brokers, eToro for beginners and copy trading. For forex trading in Germany we recommend AvaTrade
What is the top trading platform in Germany for Foreign Markets?
The best foreign markets trading platform for German investors s Interactive Brokers. Interactive Brokers are well-regulated, and offer access to 150 markets. Their trading fees and commissions are low and they offer one of the best trading experiences in the industry.
Can you invest in US Stocks from Germany?
Yes, Germans can invest in the US stock market. While it used to be expensive, with online brokers, it is quite easy to buy US stocks from Germany. The costs have lowered significantly.
Is TD Ameritrade Available in Germany?
Unfortunatelly, TD Ameritrade does not open accounts for German residents. Other restricted countries include Canada and Australia. While TD Ameritrade opens accounts to residents of over 100 countries, Europe is restricted. A good alternative is Interactive Brokers.
Is Robinhood Available in Germany?
Robinhood is not available in Germany. Only US Residents can become Robinhood customers. Robinhood does not have any plans to open in Europe. Regulations in Europe differ to the US, making it hard for Robinhood to enter the European market.
