How is forex trading taxed in Germany?
How this answer was verified
- Cross-checked against broker-published fact sheets, regulator licensing databases, and ESMA product intervention notices.
- Reviewed by our editorial team (Marcus Weber CFA, Sofia Lindgren FRM, Daniel Ferretti LLM).
- Refreshed quarterly. The most recent verification date is shown above. Read our methodology.
Related questions
How is forex trading taxed in Europe?
Forex trading tax treatment varies significantly across EU countries. Germany taxes CFD profits at a flat 25% capital gains rate. France treats forex profits as commercial income (up to 45% marginal). The UK taxes most retail forex gains as capital gains (10-20%). Spread betting is tax-free in the UK and Ireland only.
What is the best forex broker in Germany?
For German traders in 2026, Pepperstone leads (9.3/10) thanks to its BaFin licence (Pepperstone GmbH, license 151148). IG Europe GmbH (BaFin license 148759) is a strong runner-up. Both offer ESMA-compliant leverage, German-language support, and SEPA EUR funding.
What is BaFin and which forex brokers are regulated by it?
BaFin (Bundesanstalt fur Finanzdienstleistungsaufsicht) is the German federal financial supervisor, widely considered the strictest EU regulator. Pepperstone, IG, OANDA, CMC Markets and Admirals hold BaFin licenses. BaFin regulation is often preferred over CySEC by risk-conscious EU traders.