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Best Forex Brokers In Germany : Highly Recommended And Secure

It is not just London that is the center of all forex trading activities in Europe, even the German brokers are fast becoming a force to reckon with. In fact, when you trade with German brokers you have a distinct advantage of getting an extra hour for trading as the markets in this part of the world open an hour early as compared to London. With the forex market opening up really fast in Germany, it is not surprising to see many big international brokers vying to take their place in the market.
Here is a list of some of the best forex brokers in Germany:

1. HotForex
100% SuperCharged BonusUnlike other forex brokers, HotForex has built its strong reputation by providing its customers a wider choice in trading currency pairs and dynamic and reliable trading conditions. Its standard MetaTrader 4 platform is intuitive and easy to use. Also, the broker’s website can be fully translated into 19 different languages, thus making it possible for all traders to understand it better.

HotForex came into its own in 2010 in Mauritius and is regulated by CySEC and FSC. Though it has in its collections quite a lot of educational resource and tools, it is the rollover policies and favorable trading conditions that make it quite popular with the traders. The customer support features are available to traders via e-mail, phone, and live chat.



2. XM
If you’re looking for a great deal of trading flexibility then look no further than XM which gives you trading platforms with cutting-edge technologies. This can be reiterated from the fact that using a single XM trading account you’re able to access all the platforms the broker provides you. Furthermore, XM accounts come with tight spreads starting from 1 pip with leverages up to 888.1. Also, in order to provide even better spreads for you, XM partners with a number of liquidity providers.


As is with other major online forex brokers, XM is authorized and regulated by major forex commissions and associations. Being a transparent and efficient forex player that it is, XM facilitates same day withdrawals and fast transfers. To get started with XM, you’ll only make an initial deposit of $5. The beginners who wish to get started with this broker can always rely on MT4 video tutorials provided by it to get more familiarized with the processes and make the most out of the markets.


3. Markets.com
Markets.com is a true forex broking champion with no distinct weaknesses. The reason behind its popularity is the wide range of services that it provides to its users. In fact, the latest and innovative technologies and state-of-the-art trading platforms on which the Markets.com have invested heavily serves the trading needs for all kinds of traders. Besides the manual trading options that you get through this broker, the auto-trading services let you replicate the moves of some of the top traders of the world.


For beginners, Markets.com offer a Demo account through which small trades with lesser risks associated with them can be carried out in a hassle-free way. However, experienced and professional traders of Markets.com can always rely on a Personal account in which a specialist or a personal manager will help you through every trade.



4. easy-forex
easyMarkets - Give me moreEstablished in 2003, easy-forex is one of the fastest emerging forex brokers in the market with them having served several thousands of customers spread across 100+ countries. Most users prefer trading with easy-forex because they’re registered with EU and Australian regulators and have reliable and round-the-clock customer support services for all its customers. It is, therefore, less surprising that easy-forex is quite a popular broker in countries like the UK, South Africa, Australia, the U.S., Germany, Spain, and Italy.

Another thing that works in favor of easy-forex is its trading platforms that come across as simple, fast, and convenient. Also, registering with the broker is fairly easy and quick. And with 24/7 support services available at your fingertips via phone, chat, and e-mail, it is hard not to choose easy-forex for your forex trading activities. With as little as $25 in your account, you can start trading with easy-forex.


5. AvaTrade
Established in 2006, AvaTrade is one of few online forex brokers that have done consistently done well in the marketplace. Today, the broker enjoys providing valuable services to several thousands of traders that are spread across the globe. Also, the fact that the broker registers no less than $60 billion worth of trades each month is an indication of how good it is progressing and how much confidence the traders have in its offerings.
AvaTrade is based in Dublin but has offices spread across major cities in the world, including Paris, New York, Dublin, Sydney, Tokyo, and Milan. Their multilingual customer support services are available to all traders registered with them across a wide range of platforms. AvaTrade allows its traders access a wide variety of trading instruments like indices, commodities, stocks, besides forex.

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RISK:

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 can afford to take the high risk of losing your money.

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