Deutsche Boerse

Deutsche Boerse brokers (written in German as Deutsche Börse) offer access to the joint-stock exchange group. Deutsche Börse has over 700 listed companies with a combined market capitalization of EUR 1.4 trillion. This page will cover what Deutsche Boerse markets are available to trade and how to get started. We have also compiled a list of the best brokers with access to the Deutsche Boerse below.

Deutsche Boerse Brokers

These are the 5 best brokers for trading on the Deutsche Boerse:

#1 - 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.

"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."

- DayTrading Review Team
  • 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 Trade: 0.01 Lots
  • Leverage: 1:30 (Retail) 1:400 (Pro)

Stock Exchanges

AvaTrade offers trading on 15 stock exchanges:

  • Australian Securities Exchange (ASX)
  • Borsa Italiana
  • Deutsche Boerse
  • Euronext
  • Hang Seng
  • IBEX 35
  • Japan Exchange Group
  • London Stock Exchange
  • Nasdaq
  • Russell 2000
  • SIX Swiss Exchange
  • Shanghai Stock Exchange
  • Shenzhen Stock Exchange
  • Taiwan Stock Exchange
  • Toronto Stock Exchange

Pros

  • Automated trading is supported through MetaTrader Expert Advisors (EAs), as well as the AvaSocial and DupliTrade tools
  • The broker’s unique risk management tool, AvaProtect, protects against losses up to $1 million and is easy to activate in the platform
  • 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

#2 - 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.

"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."

- DayTrading Review Team
  • 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)

Stock Exchanges

Pepperstone offers trading on 22 stock exchanges:

  • Australian Securities Exchange (ASX)
  • CAC 40 Index France
  • DAX GER 40 Index
  • Deutsche Boerse
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hang Seng
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • Korean Stock Exchange
  • London Stock Exchange
  • Nasdaq
  • New York Stock Exchange
  • Russell 2000
  • S&P 500
  • SIX Swiss Exchange
  • Shanghai Stock Exchange
  • Shenzhen Stock Exchange
  • Taiwan Stock Exchange
  • Toronto Stock Exchange

Pros

  • Pepperstone emerges as a low-cost broker, especially for serious day traders with spreads from 0.0 in the Razor account and rebates of 25%+ through the Active Trader program.
  • 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.
  • Pepperstone boasts impressive execution speeds, averaging around 30ms, facilitating fast order processing and execution that’s ideal for day trading.

Cons

  • Pepperstone’s demo accounts are active for only 30 days, which may not be not long enough to familiarize yourself with the different platforms and test trading strategies.
  • Pepperstone does not support cTrader Copy, a popular copy trading feature built into the excellent cTrader platform and available at alternatives like IC Markets.
  • 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.

#3 - 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.

"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."

- DayTrading Review Team
  • 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

Stock Exchanges

XM offers trading on 14 stock exchanges:

  • Australian Securities Exchange (ASX)
  • Borsa Italiana
  • CAC 40 Index France
  • DAX GER 40 Index
  • Deutsche Boerse
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hang Seng
  • IBEX 35
  • Japan Exchange Group
  • Nasdaq
  • S&P 500
  • SIX Swiss Exchange

Pros

  • XM continues to deliver diverse and multilingual educational materials and offers a useful live education schedule for its webinars and insights
  • Transparent and low fees with spreads from 0.0 pips that will help protect day trading profit margins
  • The broker offers premium research including market sentiment, fundamental insights and strategy builders

Cons

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

#4 - eToro

Why We Chose eToro

eToro is a top-rated multi-asset platform which offers trading services in thousands of CFDs, stocks and cryptoassets. Launched in 2007, the brand has millions of active traders globally and is authorized by tier one regulators, including the FCA and CySEC. The brand is particularly popular for its comprehensive social trading platform. Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply. 76% of retail accounts lose money.

"eToro's social trading platform leads the pack with a terrific user experience and active community chat that can help beginners find opportunities. There are also competitive fees on thousands of CFDs and real stocks, plus excellent rewards for experienced strategy providers."

- DayTrading Review Team
  • Instruments: CFDs, Forex, Stocks, ETFs, Cryptos, Futures, Commodities, Bonds
  • Regulator: FCA, ASIC, CySEC, FSA, FSRA, MFSA
  • Platforms: eToro Web, CopyTrader, TradingCentral
  • Minimum Deposit: $50
  • Minimum Trade: $10

Stock Exchanges

eToro offers trading on 24 stock exchanges:

  • Australian Securities Exchange (ASX)
  • Borsa Italiana
  • CAC 40 Index France
  • DAX GER 40 Index
  • Deutsche Boerse
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hang Seng
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • Korean Stock Exchange
  • London Stock Exchange
  • Nasdaq
  • Nasdaq Nordic & Baltics
  • National Stock Exchange Of India
  • New York Stock Exchange
  • Russell 2000
  • S&P 500
  • SIX Swiss Exchange
  • Shanghai Stock Exchange
  • Taiwan Stock Exchange
  • Tokyo Commodity Exchange

Pros

  • Charts are powered by TradingView and offer strong technical analysis features, including 9 chart types and over 100 indicators
  • The web platform and mobile app perform better in user reviews and app rankings than top competitors, including AvaTrade
  • eToro is a world-renowned brand with top-tier global regulation and a 25M+ user community

Cons

  • There are no guaranteed stop loss orders which would be a useful risk management feature for beginners
  • The lack of additional charting platforms like MT4 will reduce the appeal for seasoned day traders accustomed to using third-party software
  • Traders will face currency conversion fees for account denominations other than USD

#5 - RoboForex

Why We Chose RoboForex

RoboForex is an online broker, established in 2009 and registered with the IFSC in Belize. Traders can choose from five accounts (Prime, ECN, R StocksTrader, ProCent, Pro) catering to different needs with trades from 0.01 lots and spreads from 0 pips. RoboForex has also enhanced its offering over the years, adding CFD instruments and launching its stock trading platform, plus the CopyFX system.

"RoboForex is great if you want a vast range of 12,000+ day trading markets with ECN accounts, powerful charting and loyalty promotions. It also stands out for stock traders with its user-friendly R StocksTrader platform, featuring 3,000+ shares, fees from $0.01 and sophisticated watchlists."

- DayTrading Review Team
  • Instruments: CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures
  • Regulator: IFSC
  • Platforms: R StocksTrader, MT4, MT5, TradingView
  • Minimum Deposit: $10
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:2000

Stock Exchanges

RoboForex offers trading on 13 stock exchanges:

  • Australian Securities Exchange (ASX)
  • CAC 40 Index France
  • DAX GER 40 Index
  • Deutsche Boerse
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • IBEX 35
  • Japan Exchange Group
  • Nasdaq
  • New York Stock Exchange
  • S&P 500
  • SIX Swiss Exchange

Pros

  • The broker offers two commission-free withdrawals each month in the Free Funds Withdrawal program, helping day traders to minimize transaction costs.
  • The broker offers leverage up to 1:2000 for certain account types, which is among the highest in the industry. This high leverage allows day traders to maximize their trading potential, albeit with a corresponding increase in risk.
  • RoboForex offers over 12,000 instruments, providing more short-term trading opportunities than the vast majority of online brokers, with forex, stocks, indices, ETFs, commodities, and futures.

Cons

  • Despite offering a range of platforms, RoboForex still doesn't support the increasingly popular cTrader. This might deter traders who prefer this specific platform for their day trading activities and is available at firms like Fusion Markets.
  • Despite 15+ years in the industry and registering with the Financial Commission, RoboForex is authorized by one ‘Red-Tier’ regulator – the IFSC in Belize, lowering the level of regulatory protections for traders.
  • RoboForex now restricts base currency options to USD and EUR. This limitation may inconvenience day traders preferring to manage their accounts in other currencies, while potentially leading to conversion fees.

How To Compare Deutsche Boerse Brokers

One of the most important parts of investing on the Deutsche Boerse exchange is finding suitable brokers with all the tools, data and resources that you need. Below is a quick guide on what to look out for when comparing Deutsche Boerse brokers for trading the DAX, Xetra or Börse Frankfurt.

History

Deutsche Börse AG, or the Deutsche Börse Group, was founded in 1993 and has its headquarters in Frankfurt. As well as their address in Eschborn, just outside Frankfurt’s city limits, the company also has locations in Spain, Luxembourg, Zurich and Prague, as well as offices in New York, Chicago, London, Paris, Beijing, Hong Kong, Singapore and Dubai under various names, including Deutsche Börse Systems Inc and Clearstream.

The company has over 3,000 employees and there are people with internships, jobs and careers with the Deutsche Boerse group all over the world. A Deutsche Boerse salary ranges from EUR 25,000 for an intern or trainee to over EUR 100,000 for senior roles.

Deutsche Börse AG operates the Frankfurt Stock Exchange (FWB Frankfurter Wertpapierbörse), which is the largest stock exchange in Germany and one of the largest trading centres for securities in the world. Eschborn is also home to Deutsche Boerse subsidiaries Eurex, Eurex Clearing, Clearstream Banking AG and Qontigo.

In 1999, Deutsche Börse launched Xetra, a fully electronic platform operated by the Frankfurt Stock Exchange. Deutsche Börse has since become a leader in technologies, with the 2013 migration of Xetra, Eurex and other exchanges to the Deutsche Börse T7 trading architecture. Moreover, Deutsche Börse recently became a majority shareholder of Quantitative Brokers, an independent analytics and algorithms company, further enhancing their technological services.

The Deutsche Boerse company has attempted a few mergers in the past, most notably the NYSE Euronext merger. In 2008 it was reported that Deutsche Börse was in talks to join with NYSE Euronext (the company formed from the merger of the New York Stock Exchange and Euronext). This would have created the largest stock exchange in the world. Although approved in the United States, the merger was blocked in 2012 by the European Commission on grounds it would create a de facto monopoly.

In 2014, Deutsche Börse joined the UN’s Sustainable Stock Exchanges Initiative, which aims to improve post trade transparency and commitment to environmental, social and corporate governance issues.

Deutsche Boerse’s former CEO, Carsten Kengeter, has been implicated in illegal cases of insider trading. Although charges were dropped, the company was landed with some hefty fines. He was replaced as CEO in 2018.

In April 2021, Deutsche Boerse said it would delist the American cryptocurrency broker, Coinbase, from Xetra and the Frankfurt Stock Exchange. As reported by Reuters, this is due to an exchange of incorrect data by the US broker, who says it was an “administrative error”.

The Deutsche Boerse Trading Group is also a huge sponsor of contemporary photography. The Art Collection Deutsche Börse Foundation comprises over 900 works. In 2005, the company became the sponsor of the annually awarded Deutsche Börse Photography Prize of the Photographers’ Gallery in London, which promotes the work of contemporary photographers.

Interestingly, shares and bonds for Deutsche Boerse Group are also listed on the Frankfurt stock exchange. You can trade them as with any other equities and you can visit the Deutsche Börse investors relations website for more information on annual figures and financial reports.

By 2021, the Frankfurt Stock Exchange, operated by the Deutsche Boerse firm, was one of the few exchanges that still had a trading floor. On this floor, Xetra Frankfurt Specialists sit at traders’ desks and trade in person with exchange traders and independent brokers. However, trading floors are quickly losing relevance all over the world and over 90% of Deutsche Boerse trades happen electronically on Xetra.

What Is The DAX Index?

The Deutscher Aktien Index (DAX) will track the performance of the 40 largest and most liquid German companies that trade on the Frankfurt Exchange. The DAX 40 has replaced the DAX 30, which represented the 30 largest companies in Germany from July 1988 to September 2021.

The prices of the DAX Index are calculated through Xetra, which is the electronic venue for Deutsche Boerse trading. In July 2021, Deutsche Börse’s cash markets generated a turnover of €143 billion. €115.7 billion of this was traded through Xetra, which means on average €5.3 billion is traded there daily.

In October 2020, Qontigo licensed the DAX 50 ESG Index, which monitors the fifty largest and most liquid German stocks that have satisfactory performance based on environmental, social and governance criteria. Furthermore, these stocks have exclusionary screening for involvement with controversial weapons, tobacco production, thermal coal, nuclear power and military contracting.

The DAX indices provide several stocks that may be of interest to traders because of their volatility and high trading volume. These include Adidas, BMW, Volkswagen Group and Deutsche Bank.

In 2020, Deutsche Boerse removed payments company Wirecard (WDIG.DE) after an accounting scandal rendered the firm insolvent.

Deutsche Boerse Trading Hours

As with most exchanges, the trading days for Deutsche Börse Xetra and Börse Frankfurt are Monday to Friday. However, some national and religious holidays are non-trading days. In 2024, non-trading days at the Frankfurt Stock Exchange will typically include Christmas Eve (24.12) and New Year’s Eve (31.12). You can check the calendar on their official website or via associated Deutsche Börse brokers to see when upcoming holidays or market closures are scheduled.

Deutsche Börse Xetra, which has the ticker XETR, is open Monday to Friday from 09:00 to 17:30 Central European Time (CET). The Pre-Trading Session is from 07:30 to 08:50 CET and the Post-Trading Session is from 17:35 to 20:30 CET. Investing in post-trading hours can be risky, as there is less transparency and liquidity during this session.

Deutsche Boerse opening hours for Frankfurt are from 08:00 until 20:00 CET, though this can vary for particular products. For example, opening hours for structured products are 08:00 until 2200 CET and 08:00 to 17:30 CET for bonds.

Occasionally, Deutsche Börse may announce a trading halt due to a technical glitch or strong volatility from economic uncertainty. brokers with access to Deutsche Börse should notify you of this before the halt starts.

Trading Strategies

Deutsche Boerse markets, such as the DAX 40, are renowned for their volatility. Fast-moving markets are an attractive place for day traders and hold a lot of profit potential. Be sure to keep on top of fundamental market data, such as German and European elections and referendums, European Central Bank (ECB) meetings, plus employment, inflation rate and the stock reporting season. As we have seen, Deutsche Boerse is often in the news, so it is important to keep on top of current events to capitalize on trends.

Technical analysis is also key to a successful intraday strategy. The Deutsche Boerse website offers real-time analysis, courses and charts all relating specifically to the DAX 40 and other Deutsche Boerse indices and markets. Getting to grips with the fundamentals of the German market, combined with refined technical analysis skills, will help you on your way to successful Deutsche Boerse investments.

Top-ranked Deutsche Boerse brokers will integrate analysis tools within their platforms and provide live stream news updates relevant to the exchange.

Deutsche Boerse Regulatory Reporting

All investment firms and Deutsche Boerse brokers must report all their derivative trades to a repository for regulatory purposes. For each company, Deutsche Boerse has a regulatory reporting hub where companies can understand their trading and how to comply with all required regulatory standards.

Note, individual traders operating through investment firms and Deutsche Boerse brokers do not need to report their trades.

Final Word On Deutsche Boerse Brokers

Deutsche Boerse is a market organizer that operates the Frankfurt Stock Exchange, which is the largest stock exchange in Germany, as well as other stock exchanges like Eurex. These markets see large trading volumes and are prone to volatility, which makes Deutsche Boerse trading an attractive option for investors with adventurous risk appetites. Furthermore, the group has often made headlines with mergers and scandals, so fundamental market data will prove interesting to watch.

Use our full list of the best Deutsche Boerse brokers to get started,

FAQs

What Is Deutsche Boerse?

Deutsche Boerse AG, or the Deutsche Boerse Group, is a joint-stock company and market organizer for trading stock and other securities. Its headquarters are in Frankfurt and it has a combined market capitalization of EUR 1.4 trillion. Many leading Deutsche Börse brokers offer trading on its products, including the DAX 40.

What Securities Are Traded On Deutsche Boerse?

A host of well-known companies are listed on the Deutsche Boerse, including Adidas, BMW, Deutsche Bank, Merck, Allianz, Volkswagen Group and Siemens. The best Deutsche Börse brokers offer detailed insights and financial data relating to each listed member.

Is It A Good Idea To Trade The Deutsche Boerse Exchange?

Deutsche Boerse Group operates the Frankfurt Stock Exchange, which contains the DAX 40, the 40 largest and most liquid German companies. This market sees large trading volumes and experiences regular volatility, which provides profit potential for many strategies. Look out for brokers with access to Deutsche Boerse get started.

What Are The Deutsche Boerse Trading Hours?

Deutsche Boerse XETR is open Monday to Friday from 09:00 to 17:30 CET. The Pre-Trading Session is from 07:30 to 08:50 CET and the Post-Trading Session is from 17:35 to 20:30 CET. Börse Frankfurt is open from 08:00 until 20:00 CET. This will be reflected through all Deutsche Boerse brokers, though out-of-hour sessions may vary.

Which Brokers Are Best For Deutsche Boerse Trading?

Most reputable brokers will offer Deutsche Boerse trading on the DAX 40. Find Deutsche Boerse brokerages that are regulated by the BaFin and ESMA in Europe and sift through the competition to compare fees, features and customer support before creating an account and logging in.