Best Day Trading Platforms and Brokers in Germany 2024

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Jemma Grist
Jemma is a writer, editor and fact-checker focused on retail trading and investing. Jemma brings a unique perspective to the forex, stock, and cryptocurrency markets and works across several investment websites as a researcher and broker analyst.
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James Barra
James is an investment writer with a background in financial services. He has worked as a management consultant, where he delivered large-scale operational transformational programmes at some of Europe's biggest banks. James authors, edits and fact-checks content for a series of investing websites.
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The best day trading brokers in Germany offer excellent pricing, fast order execution and powerful tools. Many top platforms also accommodate German day traders with authorization from the Federal Financial Supervisory Authority (BaFin) or another regulator in the EU, provide exposure to local markets like the Frankfurt Stock Exchange, and ensure convenient deposits through EUR accounts.

Discover the best brokers for day trading in Germany. Our experts have tested each platform thoroughly for German day traders, using real money or demo accounts.

Top 5 Platforms For Day Trading In Germany

Our findings show these are the top 5 brokers for day trading in Germany:

  1. Eightcap - Eightcap delivers in every area for day traders with a growing selection of charting platforms and AI-powered tools. Now sporting 250+ crypto CFDs and the Crypto Crusher market scanner, it's also become a stand-out choice for crypto trading, winning our 'Best Crypto Broker' award two years in a row.
  2. AvaTrade - AvaTrade offers the full package for short-term traders. There is powerful charting software, reliable execution, transparent fees, and fast account opening with a low minimum deposit.
  3. Deriv.com - Deriv.com will suit day traders looking to make fast-paced trades using CFDs and multipliers with high leverage up to 1:1000. The broker is also the industry leader in synthetic indices, which simulate real market movements and are available around the clock.
  4. Pepperstone - Pepperstone stands out as a top choice for day trading, offering razor-sharp spreads, ultra-fast execution, and advanced charting platforms for experienced traders. New traders are also welcomed with no minimum deposit, extensive educational resources, and exceptional 24/7 support.
  5. XM - XM is one of the best forex and CFD brokers we have tested. The flexible account types will suit a variety of short-term trading styles while the $5 minimum deposit and smooth sign-up process make it easy to start trading.

Best Day Trading Platforms and Brokers in Germany 2024 Comparison

Best Day Trading Platforms and Brokers in Germany 2024 Comparison
Broker EUR Account Minimum Deposit Financial Instruments Trading Platforms Visit
Eightcap logo
$100 CFDs, Forex, Stocks, Indices, Commodities, Crypto MT4, MT5, TradingView Visit
AvaTrade logo
$100 CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting WebTrader, AvaTradeGO, AvaOptions, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade Visit
Deriv.com logo
$5 CFDs, Multipliers, Forex, Stocks, Indices, Commodities Deriv Trader, MT5 Visit
Pepperstone logo
$0 CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade Visit
XM logo
$5 Forex, Stock CFDs, Turbo Stocks, Indices, Commodities, Precious Metals, Energies, Shares, Crypto, Futures MT4, MT5 Visit
LiteForex Europe logo
$50 CFDs, Forex, Indices, Commodities MT4, MT5 Visit
DNA Markets logo
$100 CFDs, Forex, Indices, Commodities, Stocks, Crypto MT4, MT5 Visit
eToro logo
- $50 CFDs, Forex, Stocks, Indices, ETFs, Smart Portfolios, Commodities, Futures, Crypto, NFTs eToro Web, CopyTrader, TradingCentral Visit
InstaForex logo
€200 CFDs on Stocks, Indices, Commodities, Forex, Cryptocurrencies, US Synthetic Shares & ETFs, Shares Baskets MT4, MT5 Visit
LQDFX logo
$20 Forex, CFDs, Stocks, Indices, Commodities, Crypto MT4 Visit
Trade Nation logo
$0 Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Cryptos (Bahamas Entity Only) MT4 Visit
Skilling logo
$100 Forex, CFDs, Stocks, Indices, Commodities and Cryptos Skilling Trader, MT4, cTrader, TradingView Visit
BlackBull Markets logo
$0 Forex, CFDs, stocks, indices, energies, metals, commodities, cryptos MT4, MT5, cTrader, TradingView, AutoChartist Visit
Vantage logo
$50 CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds ProTrader, MT4, MT5, TradingView, DupliTrade Visit
FxPro logo
$100 CFDs, Forex, Stocks, Indices, Commodities, Futures FxPro Platform, MT4, MT5, cTrader, AutoChartist, TradingCentral, DupliTrade Visit

#1 - Eightcap

Why We Chose Eightcap

Eightcap is a multi-regulated forex and CFD broker established in Australia in 2009. The broker has proven popular with active day traders, providing 1,000+ instruments with tight spreads and notable improvements in recent years, integrating the leading TradingView platform, alongside AI-powered financial calendars and algo trading tools with zero coding experience required.

  • Instruments: CFDs, Forex, Stocks, Indices, Commodities, Crypto
  • Regulator: ASIC, FCA, xCySEC, SCB
  • Platforms: MT4, MT5, TradingView
  • Minimum Deposit: $100
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:30

Pros

  • Having excelled across all key areas for day traders, Eightcap outperformed more than 490 competitors to win our 'Best Overall Broker' award for 2024, also securing our 'Best Crypto Broker' title.
  • Eightcap stands out with a selection of powerful trading tools, including MT4 and MT5, the innovative algorithmic trading platform Capitalise.ai, and more recently the 50-million strong social trading network TradingView.
  • With tight spreads from 0 pips, low commission fees, and high leverage up to 1:500 for certain clients, Eightcap provides cost-effective and flexible trading conditions that can accommodate an array of strategies, including day trading and scalping.

Cons

  • In spite of an increasing variety of tools, Eightcap doesn't offer industry favorites like Autochartist or Trading Central, which offer cutting-edge charting analytics, live news, and market insights for short-term traders.
  • Eightcap needs to continue bolstering its suite of instruments to match category leaders like Blackbull Markets with its 26,000+ assets, featuring a particularly weak selection of commodities.
  • The demo account expires after 30 days and can only be extended upon request - a notable inconvenience compared to the likes of XM with its unlimited demo mode.

#2 - AvaTrade

Why We Chose AvaTrade

AvaTrade is a leading forex and CFD broker, established in 2006 and regulated across 9 jurisdictions. Over 400,000 users have signed up with the broker which processes over 2 million trades each month. The firm offers multiple trading platforms, including MT4, MT5, and a proprietary WebTrader. 1250+ financial instruments are available for day trading, alongside a comprehensive education center and multilingual customer support.

  • Instruments: CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting
  • Regulator: ASIC, CySEC, FSCA, ISA, CBol, FSA, FSRA, BVI, ADGM
  • Platforms: WebTrader, AvaTradeGO, AvaOptions, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade
  • Minimum Deposit: $100
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:30 (Retail) 1:400 (Pro)

Pros

  • WebTrader is well-suited to beginners and features a strong suite of technical analysis tools and market research for day traders
  • Automated trading is supported through MetaTrader Expert Advisors (EAs), as well as the AvaSocial and DupliTrade tools
  • AvaTrade is a heavily regulated and trustworthy broker with licenses from the ASIC, CySEC and more

Cons

  • It’s a shame that there are no rebate schemes for serious traders looking for additional perks - CMC Markets would be a better choice here
  • There’s an above-average $50 inactivity fee after three months, though this won't impact active day traders
  • A high $2000 minimum investment is required to use DupliTrade, which will be out of reach for many beginners

#3 - Deriv.com

Why We Chose Deriv.com

Deriv.com is a low cost, multi-asset broker with over 2.5 million global clients. With just a $5 minimum deposit, the firm offers CFDs, multipliers and more recently accumulators, alongside proprietary synthetic products which can't be found elsewhere. Deriv provides both its own in-house charting software and the hugely popular MetaTrader 5.

  • Instruments: CFDs, Multipliers, Forex, Stocks, Indices, Commodities
  • Regulator: MFSA, LFSA, VFSC, BFSC
  • Platforms: Deriv Trader, MT5
  • Minimum Deposit: $5
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:1000

Pros

  • Beginners and experienced day traders can access a good range of 20+ technical indicators in Deriv Trader vs 30+ in MT5
  • Deriv bolstered its short-term trading opportunities in 2024 with accumulator options on simulated indices featuring up to 5% growth rates
  • The free demo account is ideal for practicing short-term trading strategies and no registration is required

Cons

  • There's no loyalty program or rebate scheme for high volume traders
  • The range of 100+ assets trails some competitors such as Quotex which offers 400+
  • There are limited copy trading tools and analysis features compared to alternatives like IQ Cent

#4 - Pepperstone

Why We Chose Pepperstone

Established in Australia in 2010, Pepperstone is a top-rated forex and CFD broker with over 400,000 clients worldwide. It offers access to 1,300+ instruments on leading platforms MT4, MT5, cTrader and TradingView, maintaining low, transparent fees. Pepperstone is also regulated by trusted authorities like the FCA, ASIC, and CySEC, ensuring a secure environment for day traders at all levels.

  • Instruments: CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting
  • Regulator: FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB
  • Platforms: MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade
  • Minimum Deposit: $0
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:30 (Retail), 1:500 (Pro)

Pros

  • Pepperstone boasts impressive execution speeds, averaging around 30ms, facilitating fast order processing and execution that’s ideal for day trading.
  • There’s support for a range of industry-leading charting platforms including MT4, MT5, TradingView, and cTrader, catering to various short-term trading styles, including algo trading.
  • Now offering spread betting through TradingView, Pepperstone provides a seamless, tax-efficient trading experience with advanced analysis tools.

Cons

  • Despite enhancements to its range of markets, crypto offerings are relatively limited compared to other brokers such as eToro, with no option to invest in real coins.
  • Pepperstone does not support cTrader Copy, a popular copy trading feature built into the excellent cTrader platform and available at alternatives like IC Markets.
  • There’s no simplified proprietary trading platform, nor are there any social trading features, which could be a disadvantage if you are new to day trading.

#5 - XM

Why We Chose XM

XM is a globally recognized forex and CFD broker with 10+ million clients in 190+ countries. Since 2009, this trusted broker has been known for its low fees on 1000+ instruments. XM is regulated by multiple financial bodies, including the ASIC and CySEC.

  • Instruments: Forex, Stock CFDs, Turbo Stocks, Indices, Commodities, Precious Metals, Energies, Shares, Crypto, Futures
  • Regulator: ASIC, CySEC, DFSA, FSC, FSCA
  • Platforms: MT4, MT5
  • Minimum Deposit: $5
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:30

Pros

  • Accessible trading accounts with a $5 minimum deposit and fast account opening
  • 1000+ instruments are available, including recently added thematic indices, providing exposure to emerging industries
  • Transparent and low fees with spreads from 0.0 pips that will help protect day trading profit margins

Cons

  • There is weak regulatory oversight through the global entity
  • There's $5 inactivity fee after only 3 months, though this won't affect active traders
  • PayPal deposits are not supported

Choosing A Day Trading Broker In Germany

Utilizing the decades of experience from our industry experts, we focus on several criteria when selecting the top day trading platforms:

Regulation and Trust

Choose a trustworthy broker that’s licensed by a respected regulator.

This will ensure that you are protected by important safeguards such as negative balance protection, ensuring you can’t become indebted to your broker, plus segregated accounts, stopping a brokerage from misusing your funds.

Choosing a well-regulated broker will also protect you from scams and unfair day trading practices. One of the largest online trading scams in Europe was uncovered by crime agencies in 2020. The scam involved a number of fake investment websites which targeted at least 350 victims, many of them from Germany, with around €8.5 million stolen.

That’s why we always check for credible licensing as part of our exhaustive review process. The best day trading brokers in Germany will be registered with the Federal Financial Supervisory Authority (BaFin), or with other approved European regulators that accept German traders via the EU passporting scheme.

We also look for an excellent track record, a long operational history, and positive reviews, from both our in-house testers and other day traders.

The BaFin national register showing Pepperstone license
Pepperstone – BaFin Registration
  • Pepperstone is one of the most trusted brokers that accept German day traders. Alongside a 10+ year history, the firm is authorized by the BaFin and 3 other ‘Green Tier’ regulators.

Day Trading Fees

Choose a broker with low trading and non-trading fees.

Day traders, more than many types of investors, need to consider transaction fees, which can mount up if you’re making a large volume of trades where margins are slim.

We therefore evaluate spreads and/or commissions on key assets, including those popular with German traders like the EUR/USD, in addition to any non-trading costs like deposit charges.

CMC Markets - Forex Spreads

We also consider that higher costs can be outweighed by the overall quality of the broker’s services. Some leading day trading platforms deliver top-quality research tools, with analyst insights into German stocks, for example, that can inform trading decisions.

  • CMC Markets remains a top choice when it comes to fees, with tight spreads that can be reduced by up to 40% through the CMC Price+ scheme, making it a superb option for serious day traders.

Market Coverage

Choose a broker with an excellent selection of financial markets.

The best day trading brokers in Germany offer extensive market coverage, including popular assets such as stocks listed on the Frankfurt Stock Exchange, the DAX 40 index, and currency pairs with the Euro, such as EUR/GBP.

As such, we carefully evaluate the investment offering of all brokers we test, favoring platforms that provide a wide range of short-term trading opportunities on popular asset classes, notably stocks, forex, indices, commodities, and cryptos.

German stocks available for day trading on XM platform
XM – German Stocks

We also look for brokers that offer financial products that specifically cater to short-term trading strategies, such as contracts for difference (CFDs), which allow traders to speculate on rising and falling prices with leverage.

  • XM offers a strong selection of financial markets for German day traders with CFDs on 73 German stocks, 16 currency pairs with the EUR, and the DAX equity index.

Execution Quality

Choose a broker with fast and reliable trading execution.

For optimal conditions, day traders require fast, stable and high-quality order execution. This is especially important when trading fast-moving markets, such as particularly volatile German stocks like Zalando SE (ZAL: FRA).

That’s why we evaluate execution policies and speeds where data is available, and consider anything less than 100 milliseconds ‘fast’ – helping to reduce slippage (the difference between the expected price and the actual price when the order is executed).

  • CMC Markets is one of the fastest day trading brokers we’ve tested, with speeds hitting as low as 4.5 milliseconds on currency trades, plus minimal slippage and an impressive 99.7% fill rate.

Platforms & Tools

Choose a broker with high-quality charting software and trading tools.

Day traders need a reliable charting platform with a range of tools for short-term market analysis.

Our reviews of close to 500 brokers show that most firms offer the dependable MetaTrader 4 (MT4), however we’re seeing more alternatives as the years go by, from cTrader and TradingView to in-house solutions that often provide essential trading tools in a web-accessible platform with simple navigation.

cTrader day trading platform at Blackbull Markets with German stock and Dax index
Blackbull Markets – cTrader

Through extensive personal testing, we prioritize charting platforms that cater to different day trading strategies, from scalping to momentum, as well as different experience levels, from beginners to advanced traders.

  • BlackBull Markets excels in this category, with access to both MT4 and MT5, plus cTrader and TradingView, collectively delivering dozens of short-term trading tools suitable for all skill levels.

Methodology

To find the best day trading platforms in Germany, we took all the brokers we’ve tested that accept German traders and ranked them by their overall rating. Notably:DayTrading.com broker testing methodology overview

  • We verified the broker holds a license from a trusted regulator, like the BaFin.
  • We prioritized platforms offering low fees for day trading, including on EUR/USD.
  • We favoured brokers with excellent market access, for example, German stocks and indices.
  • We selected platforms that provide clear margin and leverage conditions.
  • We examined the broker’s execution speeds and order policies.
  • We gave preference to charting platforms designed for short-term trading strategies.

FAQ

What Are The Best Brokers That Accept Day Traders In Germany?

We’ve compiled a list of the best day trading platforms and brokers in Germany to help you find the right firm for your needs.

Many of these brokers provide optimal conditions for day traders in Germany with authorization from the BaFin or another EU regulator, EUR accounts, and access to a range of financial markets.

Article Sources

The writing and editorial team at DayTrading.com use credible sources to support their work. These include government agencies, white papers, research institutes, and engagement with industry professionals. Content is written free from bias and is fact-checked where appropriate. Learn more about why you can trust DayTrading.com