FXFlat review
Trust 8.7/10German BaFin-licensed broker founded in 1997 — one of the oldest fully-domestic Germany-regulated forex brokers still operating. Niche EU-only player with broad platform support including AgenaTrader and Interactive Brokers' TWS.
BaFin
HQ Ratingen, Germany
Est. 1997
Segregated client funds. Affiliate link — supports the site at no cost to you.
At a glance
Min deposit
$200
Max leverage
1:30
EUR/USD spread
0.80 pips
Commission
$5/lot
Pros
- BaFin German bank-grade regulation
- 25+ years of operating history
- Diverse platform offering (MT4, MT5, AgenaTrader, StereoTrader, TWS)
- Strong German-language support
- EU investor compensation up to €20,000
Cons
- €200 minimum deposit
- Limited to EU and German-speaking clients
- No cTrader or TradingView
- EU-capped 1:30 leverage with no offshore alternative
- Inactivity fees after 12 months
Account types
| Account | Available | Best for |
|---|---|---|
| Raw / ECN spread | Scalpers, algo traders, high-volume | |
| Standard | All-in spreads, simpler costs | |
| Swap-free / Islamic | Swing traders, religious requirements |
Platform support
| Platform | Supported |
|---|---|
| cTrader | |
| MetaTrader 4 | |
| MetaTrader 5 | |
| TradingView | |
| Proprietary |
Trading costs
| Item | Value |
|---|---|
| EUR/USD avg spread | 0.80 pips |
| Commission per standard lot | $5 round-trip |
| Swap fees competitive? | |
| Withdrawal speed | 48 hours |
| Deposit methods | Bank Wire, Credit/Debit Card, PayPal |
| Base currencies | USD, EUR, GBP, CHF |
Best for
Algo traders
Day traders
Swing traders