BaFin
Federal Financial Supervisory Authority
Germany
Tier 1 - strictest
What the BaFin does
BaFin supervises banks, insurers and investment firms in Germany. It was the first European regulator to force negative balance protection on retail CFD accounts, ahead of ESMA.
Protections for traders
- Mandatory negative balance protection
- Deposit protection via EdW up to €20,000
- Leverage capped at 1:30 for major FX pairs
- Segregation of client assets
- Strict marketing and risk-warning requirements
Brokers licensed by the BaFin
CMC Markets
4.7(1,523)
Advanced charts, LSE-listed
Min Dep
$0
Spread
0.3
Leverage
1:30
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