Best stock brokers & investing apps in Germany

Ranked by Coinish Score: half the Editor Rating for the entity that serves residents of Germany, half Market Signal. Brokers without enough verified data for a rating are placed by Market Signal and labelled; brokers with neither are listed last. How we rate

Stocks in Germany at a glance

12 stock brokers & investing apps with a verified licence serve residents of Germany: 4 hold a local licence (BaFin) and 8 serve under an EU passport.
Top pick by Coinish Score: eToro (71/100, Editor Rating 3.6/5).
$0 commission on US stocks: XTB, Trading 212 and NAGA.
No minimum deposit: Trade Republic.

Stocks in Germany

Local licence required

Brokers need MiFID II authorisation from an EEA regulator; firms authorised elsewhere in the EEA may serve residents under the European passport.

Regulator sources (1)

“investment firms authorised by Bafin may establish a branch, make use of tied agents or provide investment services on a cross-border basis”
bafin.de · Oct 5, 2026

The value of investments can go down as well as up, and you may get back less than you invest. Past performance is not a reliable indicator of future results.

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1
Top pick
eToro
eToro (Europe) Ltd · CySEC (Tier 2)
EU passport
US stock fee
$2
Instruments
10,000+
Min. deposit
–
71
Coinish Score
3.6/5 rating71 signal
Visit site Review
2
Interactive Brokers
Interactive Brokers Ireland Limited · CBI (Tier 1)
EU passport
US stock fee
$1
Instruments
–
Min. deposit
–
71
Coinish Score
4.1/5 rating61 signal
Visit site Review
3
XTB
XTB S.A. · KNF (Tier 2)
EU passport
US stock fee
$0
Instruments
11,900+
Min. deposit
–
69
Coinish Score
3.7/5 rating63 signal
Visit site Review
4
Trading 212
Trading 212 Markets Ltd · CySEC (Tier 2)
EU passport
US stock fee
$0
Instruments
9,000+
Min. deposit
–
66
Coinish Score
3.8/5 rating56 signal
Visit site Review
5
Trade Republic
Trade Republic Bank GmbH · BaFin (Tier 1)
Locally licensed
stocks and ETFs fee
€1
Instruments
–
Min. deposit
$0
62
Coinish Score
3.7/5 rating51 signal
Visit site Review
6
Admirals
Admirals Europe Ltd · CySEC (Tier 2)
EU passport
Stock fee
–
Instruments
6,000+
Min. deposit
$100
58
Coinish Score
3.3/5 rating49 signal
Visit site Review
7
NAGA
NAGA Markets Europe Ltd · CySEC (Tier 2)
EU passport
US stock fee
$0
Instruments
4,000+
Min. deposit
$50
56
Coinish Score
3.3/5 rating46 signal
Visit site Review
8
Lightyear
Lightyear Europe AS · Finantsinspektsioon (Tier 2)
EU passport
US stock fee
$1
Instruments
6,000+
Min. deposit
–
54
Coinish Score
3.5/5 rating39 signal
Visit site Review
9
Scalable Capital
Scalable Capital Bank GmbH · BaFin (Tier 1)
Locally licensed
German exchanges (stocks & ETFs) fee
€0.99
Instruments
–
Min. deposit
–
54
Coinish Score
3.2/5 rating44 signal
Visit site Review
10
flatex
flatexDEGIRO Bank SE · BaFin (Tier 1)
Locally licensed
Germany, USA/Canada, other foreign fee
€5.90
Instruments
–
Min. deposit
–
52
Coinish Score
3.2/5 rating40 signal
Visit site Review
11
DEGIRO
flatexDEGIRO Bank SE · BaFin (Tier 1)
Locally licensed
US stocks fee
€2
Instruments
–
Min. deposit
€0.01
49
Coinish Score
3.4/5 rating30 signal
Visit site Review
12
Freedom24
Freedom Finance Europe Ltd · CySEC (Tier 2)
EU passport
US stock fee
$2.02
Instruments
1,000,000+
Min. deposit
–
45
Coinish Score
3.0/5 rating29 signal
Visit site Review

Other lists for Germany: Forex brokers · CFD brokers · Crypto exchanges