diff --git a/Dockerfile b/Dockerfile
new file mode 100644
index 000000000..45595fbdc
--- /dev/null
+++ b/Dockerfile
@@ -0,0 +1,35 @@
+FROM node:14 as builder
+
+WORKDIR /app
+
+COPY ./package.json package.json
+COPY ./yarn.lock yarn.lock
+COPY ./prisma/schema.prisma prisma/schema.prisma
+
+RUN yarn
+
+COPY ./decorate-angular-cli.js decorate-angular-cli.js
+RUN node decorate-angular-cli.js
+
+COPY ./angular.json angular.json
+COPY ./nx.json nx.json
+COPY ./replace.build.js replace.build.js
+COPY ./jest.preset.js jest.preset.js
+COPY ./jest.config.js jest.config.js
+COPY ./tsconfig.base.json tsconfig.base.json
+COPY ./libs libs
+COPY ./apps apps
+
+RUN yarn build:all
+
+COPY ./prisma/seed.ts prisma/seed.ts
+
+FROM node:14
+COPY --from=builder /app/dist/apps /app/apps
+COPY --from=builder /app/package.json /app/package.json
+# todo: change build to ensure that node_modules folder isn't required to reduce image size
+COPY --from=builder /app/node_modules /app/node_modules
+COPY --from=builder /app/prisma /app/prisma
+WORKDIR /app
+EXPOSE 3333
+CMD [ "npm", "run", "start:prod" ]
diff --git a/README.md b/README.md
index 78b0e2cf0..64b91bc3d 100644
--- a/README.md
+++ b/README.md
@@ -81,7 +81,36 @@ The backend is based on [NestJS](https://nestjs.com) using [PostgreSQL](https://
 
 The frontend is built with [Angular](https://angular.io) and uses [Angular Material](https://material.angular.io) with utility classes from [Bootstrap](https://getbootstrap.com).
 
-## Getting Started
+## Run with Docker
+
+### Prerequisites
+
+- [Docker](https://www.docker.com/products/docker-desktop)
+
+### Setup
+
+To run it with docker you can simply execute:
+
+```bash
+docker-compose -f docker/docker-compose-all.yml build
+docker-compose -f docker/docker-compose-all.yml up
+```
+
+This will build a docker image of ghostfolio locally on your machine and start it up, including dependencies and the database.
+
+To initialize the database, you can run the following command once ghostfolio is started:
+```bash
+docker-compose -f docker/docker-compose-all.yml exec ghostfolio yarn setup:database
+```
+
+After this, go to http://localhost:3333/ and follow those steps:
+
+1. Login as _Admin_ with the following _Security Token_: `ae76872ae8f3419c6d6f64bf51888ecbcc703927a342d815fafe486acdb938da07d0cf44fca211a0be74a423238f535362d390a41e81e633a9ce668a6e31cdf9`
+1. Go to the _Admin Control Panel_ and click _Gather All Data_ to fetch historical data
+1. Click _Sign out_ and check out the _Live Demo_
+
+
+## Development
 
 ### Prerequisites
 
@@ -101,10 +130,6 @@ The frontend is built with [Angular](https://angular.io) and uses [Angular Mater
 1. Go to the _Admin Control Panel_ and click _Gather All Data_ to fetch historical data
 1. Click _Sign out_ and check out the _Live Demo_
 
-## Development
-
-Please make sure you have completed the instructions from [_Setup_](#Setup).
-
 ### Start server
 
 <ol type="a">
diff --git a/docker/docker-compose-all.yml b/docker/docker-compose-all.yml
new file mode 100644
index 000000000..68a41853a
--- /dev/null
+++ b/docker/docker-compose-all.yml
@@ -0,0 +1,24 @@
+version: '3.7'
+services:
+  postgres:
+    image: postgres:12
+    env_file:
+      - ../.env
+    volumes:
+      - postgres:/var/lib/postgresql/data
+
+  redis:
+    image: 'redis:alpine'
+
+  ghostfolio:
+    build: ../
+    env_file:
+      - ../.env
+    environment:
+      REDIS_HOST: "redis"
+      DATABASE_URL: postgresql://user:password@postgres:5432/ghostfolio-db?sslmode=prefer
+    ports:
+      - 3333:3333
+
+volumes:
+  postgres: