How many brokers hold a BaFin license?

We currently track 3 BaFin-regulated brokers serving retail clients. Our list is limited to brokers we actively review — the full BaFin register contains additional entities that do not offer retail forex or CFDs.

How do I verify a broker's BaFin license?

Visit https://www.bafin.de and search the official public register for the broker's company name or license number. Each broker we list has their BaFin license number shown in their review. If the register entry is active and matches what the broker advertises, the license is genuine.

Are BaFin-regulated brokers safer than offshore brokers?

Yes, substantially. BaFin regulation enforces capital requirements, client money segregation, mandatory negative balance protection for retail, and ongoing compliance audits. Offshore brokers typically offer none of these protections.

Can a BaFin broker serve clients in other EU countries?

Yes. Under MiFID II, a BaFin license can be passported into any other EU member state, meaning a single authorisation covers all 27 EU countries.

All BaFin Regulated Forex Brokers 2026

Bundesanstalt fur Finanzdienstleistungsaufsicht (Germany) regulates 3 brokers that we actively review. Compare their spreads, platforms and protections below.

Last verified: April 2026

Quick Answer

We track 3 brokers regulated by BaFin (Bundesanstalt fur Finanzdienstleistungsaufsicht) in 2026. All of them hold a valid BaFin license with published register numbers, segregate client funds, and comply with the full suite of ESMA-aligned investor protections.

License data last reviewed April 2026.

About BaFin

BaFin is widely regarded as the strictest financial regulator in the EU. A BaFin license signals the highest level of regulatory compliance and investor protection in Europe.

Established in 2002 and based in Germany, BaFin enforces the full suite of EU rules including client fund segregation, negative balance protection, and strict marketing restrictions. For the complete background on how BaFin supervises the industry, read our full BaFin regulation guide.

Every BaFin Regulated Broker We Track

Ranked by overall 2026 score. Click any column header to re-sort.

# ▲▼	Broker ▲▼	Score ▲▼	Min Deposit ▲▼	EUR/USD ▲▼	Max Leverage ▲▼	Regulators ▲▼	Platforms ▲▼	Action
1	Pepperstone	9.3	None	0.0 pips (Razor), 0.69 pips (Standard)	30:1	BaFinCySECFCAASIC	MetaTrader 4, MetaTrader 5, cTrader, TradingView	Visit
2	IG	9.2	None	0.6 pips average	30:1	BaFinFCAASIC	IG Platform, MetaTrader 4, ProRealTime, L2 Dealer, TradingView	Visit
3	CMC Markets	8.9	None	0.7 pips average	30:1	BaFinFCAASIC	Next Generation Platform, MetaTrader 4	Visit

What BaFin protection means for you

German law provides deposit protection up to EUR 100,000 under the Deposit Guarantee Scheme, plus securities compensation up to EUR 20,000 under the Investor Compensation Scheme. Some brokers participate in additional voluntary guarantee schemes.

✓Considered the gold standard of EU financial regulation
✓German Compensation Scheme covers up to EUR 20,000 (securities) / EUR 100,000 (deposits)
✓Extremely rigorous application and ongoing compliance requirements
✓Proactive enforcement with significant fines for violations
✓Strict advertising and marketing oversight
✓Requirements beyond minimum ESMA standards

How to verify a broker's BaFin license

1. Find the license number on the broker's website
Regulated brokers display their BaFin license number in the footer of every page, usually alongside an ESMA risk warning. If you cannot find it within two clicks, treat the broker as unregulated.
2. Open the BaFin public register
Go to https://www.bafin.de and navigate to the official register of authorised firms. Every legitimate regulator publishes this list for free.
3. Cross-check the legal name and license number
The legal entity name shown on the register must match the entity name printed in the broker's legal documents and account opening agreement. A trading brand (e.g. "Broker X") is not the same as the licensed legal entity — verify both.
4. Check the license status
The register will show whether the license is active, suspended, or withdrawn. Only open an account with a firm whose license is active. Suspensions and withdrawals are public record for a reason.

Frequently Asked Questions

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CFD Risk Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

This website is for informational purposes only. The content does not constitute investment advice. Trading leveraged products carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. EU retail leverage limits apply (ESMA): up to 30:1 on major FX pairs, 20:1 on minor FX, 20:1 on major indices, 10:1 on commodities, 5:1 on equities, 2:1 on crypto.