6 Best Trading Platforms in Germany

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.

List of the Top Trading Platforms in Germany 2023

Here is the list of the Best Trading Platforms Germany.

  1. Interactive Brokers – Best Trading Platform in Germany Overall
  2. eToro – Best Copy Trading Platform in Germany
  3. AvaTrade – Best Forex Trading Platform Germany
  4. DEGIRO – Best ETF Trading Platform Germany
  5. XTB – Best Day Trading Platform Germany
  6. Firstrade – Best Options Trading Platform Germany
Trading Platforms Germany List

My Top 3 Picks

Best Forex Broker

AvaTrade Logo

PFI Rating 4.9

  • Well Regulated
  • Social Trading
  • Best For Forex

76% of retail investor accounts lose money when trading CFDs with this provider.

Best Overall in Germany

Interactive Brokers Logo

PFI Rating 4.9

  • Well Regulated
  • Low Fees
  • Best Market Access

69.0% of retail investor accounts lose money when trading CFDs with IBKR.

Copy Trading

etoro logo

PFI Rating 4.9

  • Well Regulated
  • 0% Commission Stocks
  • Copy Trading

{etoroCFDrisk}% 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.

BrokerInfoOur ScoreAccepts ClientsMinimumBest For
#1Interactive BrokersInternational Broker with all Assets Classes4.9Globally€0Global Markets and all Asset Classes
#2eToroBest Copy Trading Platform Germany4.9Globally€100Zero-commission Stocks and Copy Trading in Germany
#3AvaTradeBest Forex Trading Platform Germany4.9Globally€100Forex and CFD Trading
#4XTBBest CFD Broker Germany4.8Globally€0CFD Trading Germany
#5DEGIROBest ETF Broker in Germany4.7Europe€0ETF Trading in Germany
#6FirstradeGreat For Options Trading in Europe4.7Globally€0Options Trading in Germany
Best Online Broker Germany Overall
Interactive Brokers Logo

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 PlatformInteractive Brokers
Founded1978
RegulationSEC, CFTC, FCA, NFA, MAS, CBI, IIROC, ASIC, CSSF
Offering Of InvestmentsStocks, ETFs, Options, Futures, Currencies, Cryptocurrencies, US Spot Gold, Bonds, Mutual Funds, Hedge Funds
Minimum Deposit€0
Demo AccountYes
Withdrawal Fee1 Free Withdrawal per Month
Inactivity FeeNo
Deposit MethodsBank Wire, Credit Cards, ACH, Mail a check, Rollover, Online Bill Pay, Trustee-to-Trustee, SEP Contribution
Interactive Brokers Home
Best For Copy Trading
etoro logo

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. {etoroCFDrisk}% 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 a robust online broker in Germany. The minimum deposit is €50 in Germany. They offer the following deposit methods: Skrill, Neteller, Debit Card, Rapid Transfer,iDEAL, Klarna / Sofort Banking, Bank Transfer, Online Banking – Trustly,.

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 CFDs, 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 PlatformeToro
Founded2007
RegulationFCA, CySEC, ASIC, FSAS
Offering Of InvestmentsStocks, ETFs, Forex, Crypto CFDs, Indices, Commodities
Minimum Deposit$50 – $100
Demo AccountYes
Withdrawal Fee$5
Inactivity Fee$10/month
Deposit MethodsPayPal, Skrill, Neteller, Credit Card, Debit Card, Rapid Transfer, iDEAL, Klarna / Sofort Banking, Bank Transfer, Online Banking – Trustly, POLi
eToro Algo
Best Forex Broker Germany
AvaTrade Logo

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 PlatformAvaTrade
Founded2006
RegulationFCA, ASIC, FSCA, FRSA, Israel Securities Authority, Financial Services Agency, Financial Futures Association of Japan
Offering Of InvestmentsForex, Stocks, Commodities, FXOptions, Cryptocurrencies, Indices, ETFs, Bonds
Minimum Deposit$100
Demo AccountYes
Withdrawal Fee$0
Inactivity Fee$50/month After 3 Months
Deposit MethodsCredit and Debit Cards, Wire Transfer, e-payments
AvaTrade Homepage
Best For ETFs in Germany
Degira Logo

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 PlatformDEGIRO
Founded2008
RegulationNetherlands Authority for the Financial Markets (AFM), FCA (Financial Conduct Authority), BaFin
Offering Of InvestmentsShares, ETFs, Currencies, Bonds, Options, Futures, Warrants
Minimum Deposit$0
Demo AccountNo
Withdrawal FeeNo
Inactivity FeeNo
Deposit MethodsBank Transfer
DEGIRO Home
Best CFD Broker Germany
XTB logo

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).

Disclaimer: 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

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.

XTB Homepage
Best For Options Trading In Germany
Firstrade Logo

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 PlatformFirstrade
Founded1985
RegulationSEC, CFTC, FCA, NFA, MAS, CBI, IIROC, ASIC, CSSF
Offering Of InvestmentsStocks, ETFs, Crypto, Margin Loans, Options, Mutual Funds, Fixed Income
Minimum Deposit$0
Demo AccountNo
Withdrawal Fee$0
Inactivity FeeNo
Deposit MethodsACH, Check, Wire Transfer
Firstrade Home

Compare Trading Platforms

You can compare the Trading Platforms Germany below to see how they stack up.

Interactive Brokers Logo
Interactive Brokers
etoro logo 300x150
eToro
AvaTrade Logo
AvaTrade
XTB logo
XTB
Degira Logo
DEGIRO
Firstrade Logo
Firstrade
Our Score:4.9/54.9/5
4.9/54.8/54.7/54.7
Founded197820072006200220081985
RegulationSEC, CFTC, FCA, NFA, MAS, CBI, IIROC, ASIC, CSSFFCA, CySEC, ASIC, FSASFCA, ASIC, FSCA, FRSA, Israel Securities Authority, Financial Services Agency, Financial Futures Association of JapanFCA, CySEC, Financial Services Commission in BelizeNetherlands Authority for the Financial Markets (AFM), FCA (Financial Conduct Authority), BaFinSEC, CFTC, FCA, NFA, MAS, CBI, IIROC, ASIC, CSSF
Offering Of InvestmentsStocks, ETFs, Options, Futures, Currencies, Cryptocurrencies, US Spot Gold, Bonds, Mutual Funds, Hedge FundsStocks, ETFs, Forex, Crypto, Indices, CommoditiesForex, Stocks, Commodities, FXOptions, Cryptocurrencies, Indices, ETFs, BondsForex, Indices, Commodities, Stock CFDs, ETF CFDs, CryptoShares, ETFs, Currencies, Bonds, Options, Futures, WarrantsStocks, ETFs, Crypto, Margin Loans, Options, Mutual Funds, Fixed Income
Minimum Deposit$0$50 – $100$100$0$0$0
Demo AccountYesYesYesYesNoNo
Withdrawal Fee1 Free Withdrawal per Month$5$020 USD for withdrawals under 100 USDNo$0
Inactivity FeeNo$10/month$50/month After 3 Months$10 monthly after 12 monthsNoNo
Deposit MethodsBank Wire, Credit Cards, ACH, Mail a check, Rollover, Online Bill Pay, Trustee-to-Trustee, SEP ContributionPayPal, Skrill, Neteller, Credit Card, Debit Card, Rapid Transfer, iDEAL, Klarna / Sofort Banking, Bank Transfer, Online Banking – Trustly, POLiCredit and Debit Cards, Wire Transfer, e-paymentsBank Transfers, Credit and Debit Cards, SkrillBank TransferACH, 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 BrokerseToroAvaTradeXTBDEGIROFirstrade
Demo Account:YesYesYesYesNoNo
Islamic Account:YesYesYesYesNoNo
Margin:YesYesYesYesYesYes
Leverage:up to 1:30up to 1:30up to 1:30up to 1:30up to 1:30up to 1:30
Copy Trading:NoYesYesNoNoNo
Trading Signals:NoNo (Copy Trading)YesYesNoNo

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 BrokerseToroAvaTradeXTBDEGIROFirstrade
Mobile App:YesYesYesYes (xStation Mobile)YesYes
Proprietary Platform:Trader Workstation, Client PortalYesYesxStation 5YesYes
Desktop:Yes (Trader Workstation)NoYesYes (xStation 5)NoYes
cTrader:NoNoNoNoNoNo
DupliTrade:NoNoNoNoNoNo
MetaTrader4:NoNoNoNoNoNo
MetaTrader5:NoNoNoNoNoNo

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 BrokerseToroAvaTradeXTBDEGIROFirstrade
Email:YesYesYesYesYesYes
Phone Support:YesNoYesYesYesYes
Live Chat:YesNoNoNoNoNo

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 BrokerseToroAvaTradeXTBDEGIROFirstade
Stocks:YesYesYesYesYesYes
Forex:YesYesYesYesNoNo
Commodities:YesYesYesYesYesNo
Indices:YesYesYesYesYesNo
Cryptocurrencies:YesYesYesYesYesYes
ADR:YesNoNoNoNoNo
Options:YesNoYesNoYesYes
Mutual Funds:YesNoNoNoYesYes
ETFs:YesYesYesYesNoYes
Binary Options:NoNoNoNoNoNo

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 BrokerseToroAvaTradeXTB
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 Commission0% for selected real stocks and Spread for Stock CFDs0.13% Spread0.03 (CFD)
Forex:min. €2/orderVaried SpreadSpread (0.9 – 700)0.5 pip
Bonds:€0 per trade (remove liquidity)$0.10 per trade (add liquidity)N/A0.03 – 0.06 Over MarketN/A
ETFs:€0 CommissionVaried Spread0.13% – 0.15%from 0.08%
Crypto:0.18%Varied Spread0.2% – 2% Over Marketfrom 0.22%
CDFs:SpreadVaried SpreadSpreadSpread
Withdrawal Fee:€0€5€0€0
Deposit Fee:€0€0€0
Monthly Fee:NoNoNoNo

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

AvaTrade Logo

PFI Rating 4.9

  • Well Regulated
  • Social Trading
  • Best For Forex

76% of retail investor accounts lose money when trading CFDs with this provider.

Best Overall

Interactive Brokers Logo

PFI Rating 4.9

  • Well Regulated
  • Low Fees
  • Best Market Access

69.0% of retail investor accounts lose money when trading CFDs with IBKR.

Copy Trading

etoro logo

PFI Rating 4.9

  • Well Regulated
  • 0% Commission Stocks
  • Copy Trading

{etoroCFDrisk}% 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:

RankBrokerBest For
#1Interactive BrokersBest Overall
#2eToroBest Copy Trading Platform
#3AvaTradeBest Forex Trading Platform
#4XTBBest CFD Broker
#5DegiroBest ETF Trading Platform
#6FirstradeBest 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.

About the author

Ziga Breznik is the owner and head of research at PublicFinanceInternational.org – he is an active investor in the forex, crypto and stock markets – he has seen trading platforms disappear along with his investments – especially during the “crypto boom”. Ziga learned the hard way that finding a reputable and trustworthy online brokerage is key to long-term success in the financial markets. He founded PublicFinanceInternational.org as a platform where he shares his research with one goal in mind: to provide unbiased and trustworthy online brokers reviews.