Trading platforms in Germany: entities, licences & costs
Which platforms accept German clients, the exact legal entity that opens your account, register-checked licence numbers and real costs — ranked by our published method, commission weighted 0%.
15 of the 15 platforms in our database accept German clients. We've mapped 12 of them to the specific legal entity that onboards a German client: 5 route German clients through an offshore (tier-3) entity — which changes your compensation cover and complaint route. The table below lists 12 register-checked licence numbers so you can verify each firm yourself (CySEC, CIMA, FSC, FSA). On the numbers, the lowest all-in cost option here is Pepperstone, and the highest leverage available to German traders is 2000:1 (RoboForex).
Regulator
BaFin, CySEC (passported)
Trading is legal; firms passport in under MiFID II and are overseen by BaFin and home-state regulators.
Leverage rules
Under ESMA/BaFin rules, retail CFD leverage is capped at 30:1, with negative-balance protection mandatory.
Common deposit methods
SEPA bank transfer, Card, Sofort/Klarna
Which legal entity onboards a German client
The brand you see isn't always the entity on your client agreement. These are the entities our checks map to German clients, with the licence number to verify on the official register. 5 here route you offshore — protection differs.
Entity mapping from our register checks — shown to illustrate how the onboarding entity shifts by country. Yours may differ; always confirm the legal entity on the signup screen and the official register before depositing. Informational only, not financial advice.
Trading costs for German traders
Lowest all-in cost on our scan: Pepperstone. Indicative figures — verify the live schedule before funding.
| Platform | All-in cost | Spread from | Commission | Min deposit | Withdrawal | Max leverage |
|---|---|---|---|---|---|---|
| Pepperstone | $···· | 0 pips | $7/lot | $10 | Same – next day | 30:1 |
| IC Markets | $···· | 0 pips | $7/lot | $200 | Same – next day | 30:1 |
| FP Markets | $···· | 0 pips | $6/lot | $100 | Within 1 day | 30:1 |
| Exness | $···· | 0 pips | $7/lot | $10 | Often instant | 30:1 |
| Blueberry Markets | $···· | 0 pips | $7/lot | $100 | Same – next day | 30:1 |
| ThinkMarkets | $$··· | 0 pips | $7/lot | $0 | 1–2 days | 30:1 |
| Vantage Markets | $$··· | 0 pips | $6/lot | $50 | Same – next day | 30:1 |
| VT Markets | $$··· | 0 pips | $6/lot | $100 | Same – next day | 30:1 |
| Eightcap | $$··· | 0 pips | $7/lot | $100 | 1–2 days (same-day cut-off) | 30:1 |
| RoboForex | $$··· | 0 pips | $4/lot | $10 | Within hours | 2000:1 |
| PU Prime | $$··· | 0 pips | $7/lot | $50 | Reported instant | 1000:1 |
| StarTrader | $$··· | 0 pips | $6/lot | $50 | Within 24h | 500:1 |
| LiteFinance | $$··· | 0 pips | $5/lot | $50 | Within 24h | 1000:1 |
| FXTM | $$$·· | 0.1 pips | $4/lot | $10 | Same – next day | 30:1 |
| XM | $$$·· | 1.6 pips | — | $5 | 1–2 days | 30:1 |
15 platforms available in German
Why this fits: Onboarded via Pepperstone EU Limited (CySEC 388/20) · Max leverage here: 30:1
Why this fits: Onboarded via IC Markets (EU) Ltd (CySEC 362/18) · Max leverage here: 30:1
Why this fits: Onboarded via First Prudential Markets Ltd (CySEC 371/18) · Max leverage here: 30:1
Why this fits: Onboarded via Exness (Cy) Ltd (CySEC 178/12) · Max leverage here: 30:1
Why this fits: Accepts German clients · Max leverage here: 30:1 · Verify the account entity at signup
Why this fits: Onboarded via Vantage International Group Limited (CIMA 1383491) · Max leverage here: 30:1
Why this fits: Accepts German clients · Max leverage here: 30:1 · Verify the account entity at signup
Why this fits: Accepts German clients · Max leverage here: 30:1 · Verify the account entity at signup
Why this fits: Onboarded via VT Markets Ltd (FSC GB23202269) · Max leverage here: 30:1
Why this fits: Onboarded via Eightcap EU Ltd (CySEC 246/14) · Max leverage here: 30:1
Why this fits: Onboarded via Trading Point of Financial Instruments Ltd (CySEC 120/10) · Max leverage here: 30:1
Why this fits: Onboarded via RoboForex Ltd (FSC 000138/7) · Max leverage here: 2000:1
A multi-entity CFD broker with education resources, webinars, broad market access and copy trading availability. Entity, leverage and product terms should be verified before depositing.
Why this fits: Onboarded via PU Prime Limited (FSA SD050) · Max leverage here: 1000:1
Why this fits: Onboarded via STARTRADER Financial Markets Limited (FSC GB24203371) · Max leverage here: 500:1
Why this fits: Onboarded via Liteforex (Europe) Ltd (CySEC 093/08) · Max leverage here: 1000:1
We earn a commission if you open an account through our links — at no extra cost to you. It does not change our rankings. How we make money.
Trading in Germany — questions
Which legal entity will onboard me as a German client?
Across the platforms that accept German clients, accounts are opened through entities under CySEC, CIMA, FSC, FSA. 5 route German clients through an offshore (tier-3) entity — protection differs there. Local oversight is typically BaFin, CySEC (passported). Always confirm the licence on the official register before depositing.
Which platform has the lowest cost in Germany?
Of the 15 platforms available to German traders, Pepperstone has the lowest all-in cost on our scan (spreads from 0 pips, $7/lot commission, $10 minimum). Costs change with account type and instrument — verify the live schedule before funding.
What leverage can I use in Germany?
The highest leverage available to German traders among these platforms is 2000:1 (RoboForex). Under ESMA/BaFin rules, retail CFD leverage is capped at 30:1, with negative-balance protection mandatory. Higher leverage increases both potential gains and losses.
How does Clarytrade pick these platforms?
We rank by our published 8-criteria method, filter to platforms that accept German clients, resolve the specific legal entity that would open your account, and weight affiliate commission at 0%.