5 Best Forex Brokers in France
Last Update: June 26th, 2024
The 5 Best Forex Brokers in France – Rated and Reviewed. We have listed the Top Forex Brokers who accept traders in France.
In this in-depth guide you will learn:
- The Best Forex Brokers in France – a List
- Is Forex Trading Legal in France?
- The Best (Saxo, eToro, CMC Markets, Interactive Brokers) Regulated Brokers
- The Best MT4/MT5 Forex Brokers for Beginners
- Forex Brokers – Check the Regulation
and much, MUCH more!
5 Best Forex Brokers in France – a Comparison
🔎 Broker | 🚀Open an Account | 🤝 Accepts French Traders | 💶 Min. Deposit (EUR) |
🥇 CMC Markets | 👉 Click Here | ✅Yes | None |
🥈 Saxo Bank | 👉 Click Here | ✅Yes | None |
🥉 eToro | 👉 Click Here | ✅Yes | 9.32 |
🏅 Interactive Brokers | 👉 Click Here | ✅Yes | None |
🎖️ Pepperstone | 👉 Click Here | ✅Yes | 122.50 |
5 Best Forex Brokers in France (2024)
- ☑️ CMC Markets – Overall, the Best Forex Broker in France
- ☑️ Saxo Bank – Best Web-Based trading platform
- ☑️ eToro – Best Forex Broker for Beginners
- ☑️ Interactive Brokers – Best Overall Offering
- ☑️ Pepperstone – Award-Winning Broker in France
CMC Markets
CMC Markets is a UK-based Forex and CFDs provider. BaFin, FCA, ASIC, MAS, FMA, IIROC, and, DFSA regulate it. Additional Security Measures include the segregation of Client funds. Additional notable features and offers include Spreads from 0.3 Pips, Leverage of up to 1:30, and, a multilingual website.
Accounts offered are CFD, Spread Betting, Corporate, and, Demo. Base Currencies include GBP, EUR, USD, AUS, CAD, NOK, and, NZD. No minimum deposit is required.
Trading platforms offered are MetaTrader 4 and Next Generation. A Proprietary Mobile App is provided. The following trading instruments and products are available:
- 80+ indices
- 12 cryptocurrencies
- 9,500+ shares
- Share Baskets
- 50+ treasuries
Moreover, over 10,000 ETFs are available. Deposit and Withdrawal options include Credit/Debit Cards, Bank Transfers, and, Online Banking.
🔎 Broker | 🥇 CMC Markets |
💴 Minimum Deposit | 0 USD |
5️⃣ Ease of Use Rating | 5/5 |
🎁 Bonuses | Yes |
⏰ Support Hours | 24/5 |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Next Generation platform | High Fees |
Our Insights
CMC Markets suit all levels of Traders, including Active Traders and Beginners. Benefits include 24-hour support and comprehensive educational resources.
Saxo Bank
Saxo Bank is a fully licensed Danish investment bank specializing in online Forex and CFD Trading. Finanstilsynet (Danish FSA) regulates it. Additional notable features and offers include 18 Base Currencies, No Inactivity Fee, and Spreads from 0.4 Pips.
Accounts offered are Classic, Platinum, and, VIP. No Minimum deposit is required. Trading Platforms include SacoTraderGO and SacoTraderPro. The following trading instruments and products are available:
- 185 Forex spot pairs
- 140 futures
- Over 8,800 instruments
- 23,500 equities
- 250 futures contracts
- 45 FX vanilla options
Moreover, Saxo Bank offers online and offline government and corporate bonds. Deposits and Withdrawal Options include FAST, TT Wire Transfer, and, PayNow.
🔎 Broker | 🥇 Saxo |
📈 Ease of Use | 4/5 |
📉 Support Hours | 24/5 |
📊 Trading Platforms | SaxoTraderGO, SaxoTraderPRO |
💹 Account Types | Classic, Platinum, VIP |
💴 Base Currencies | 18 currencies |
🅰️ Spreads | From 0.4 pips |
🅱️ Leverage | 1:30 |
💸 Currency Pairs | 185+ |
💳 Minimum Deposit | 0 USD |
🚫 Inactivity Fee | None |
⚙️ Website Languages | English, Danish, French, etc. |
💰 Fees and Commissions | Spreads from 0.4 pips; commissions from $0 on Mutual Funds |
🤝 Affiliate Program | ✅Yes |
❌ Banned Countries | United States |
📈 Scalping | ✅Yes |
📉 Hedging | ✅Yes |
📊 Trading Instruments | Forex, CFDs, stocks, commodities, futures, FX options, listed options, ETFs, bonds, mutual funds |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Instructional resources | High Fees when Compared |
Multiple Trading Platforms | Futures and options - complicated cost structures |
Our Insights
Saxo best suite Professional Investors. Benefits include Excellent educational resources, detailed market research, and, dedicated Customer support.
eToro
eToro is a well-established and reliable social trading and multi-asset investment company. CySEC, FCA, ASIC, FSA, NFA, FinCEN, FINRA, and, the SIPC regulate it. Additional security measures include Two-Factor Authentication (2FA), encryption protocols, and, adherence to top-tier regulatory requirements.
Additional notable features and offers include 55 Currency Pairs, Leverage of up to 1:400, and Zero Commissions. A Standard, Retail Account is paired with a Proprietary trading platform. The following trading instruments and products are available:
- 32 commodities
- 531 ETFs
- 21 indices
- 77 cryptocurrencies
- 4,610 stocks
Moreover, Trading capabilities include NFTs (Non-Fungible Tokens).
🔎 Broker | 🥇 eToro |
📈 Regulation and Licenses | CySEC, FCA, ASIC, FSA, NFA, FinCEN, FINRA, SIPC |
📉 Ease of Use | 5/5 |
📊 Support Hours | 24/5 |
💻 Trading Platforms | eToro platform |
💹 Account Types | Standard Retail Account |
💴 Base Currencies | USD |
🅰️ Spreads | From 1 pip EUR/USD |
🅱️ Leverage | 1:400 (eToro Seychelles Ltd) |
💶 Currency Pairs | 55; minor, major, exotic pairs |
💳 Minimum Deposit | From 10 USD (US) |
🚫 Inactivity Fee | 10 USD after 12 months of inactivity |
📌 Website Languages | English, Italian, German, etc. |
💰 Fees and Commissions | Spreads from 1 pip, zero commission fees |
🤝 Affiliate Program | ✅Yes |
✖️ Banned Countries | Canada, Japan, Brazil, Turkey, North Korea, Iran, Cuba, Albania, Serbia, Sudan, and Syria |
📈 Scalping | None |
📉 Hedging | ✅Yes |
📊 Trading Instruments | Forex, stocks, crypto (physical), crypto CFDs, indices, commodities, ETFs |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Social trading | Withdrawal Fee |
Low trading fees | Inactivity fee |
Negative balance protection | Conversion fees |
User-friendly Platform | Single base currency |
Our Insights
The Benefits of trading with eToro include Webinars, Social Trading, and, trusted customer support.
Interactive Brokers
Interactive Brokers is a Highly Regulated and Trusted American multinational brokerage firm. The US SEC and CFTC regulate it. Moreover, it is a member of the SIPC Compensation Scheme. Additional notable features and offers include spreads from 0.6 Pips and Leverage of up to 1:30.
Accounts offered include IBKR Lite and IBKR Pro. No minimum deposit is required. Trading Platforms available are IBKR Trader WorkStation, IBKR Desktop, IBKR Mobile, IBKR GlobalTrader, IBKR Client Portal, IBKR APIs, and, IBKR Impact.
The following trading instruments and products are available:
- More than 100 currency pairings
- Over 150 exchanges in 33 countries
- Access to options on stocks, indexes, futures, and, currencies
- Futures contracts for various asset types
A selection of Crypto, including Bitcoin, Ethereum, Litecoin, and Bitcoin Funds are available.
🔎 Broker | 🥇 Interactive Brokers |
💴 Min. Deposit | None |
💶 Inactivity Fee | None |
📈 Tradable Assets | Forex, Metals, Futures, ETFs |
🪙 Crypto Trading | ✅Yes |
📉 MT4 / MT5 | None |
📊 Proprietary Platforms | ✅Yes |
📲 Mobile App | ✅Yes |
🤝 Customer Support | 24/7 |
✏️ Education | ✅Yes |
📍 Account Types | IBKR Pro and Lite |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Low commissions and fees | Intimidating Platform |
Excellent educational materials | Complex tiered pricing plans |
Reliable trade execution | Lacking Customer Support |
Our Insights
The Benefits of trading with Interactive Brokers include competitive commissions, SmartRouting technology, and, a wide range of Trading Platforms.
Pepperstone
Pepperstone is an Australian Forex and CFD Broker with an extensive global reach. It is based in several countries across the globe, including Melbourne, London, Düsseldorf, Dubai, Limassol, Nassau, and Nairobi. the Australian Securities and Investments Commission (ASIC), the FCA in the United Kingdom, CySEC Cyprus, DFSA Dubai, CMA Kenya, SCB Bahamas, and BaFin Germany regulated it.
Additional notable features and offers include Spreads starting at 0.0 Pips and Leverage of up to 1:500. Moreover, 70 Currency Pairs are available. Accounts offered are Standard, Razor, and, Demo. The minimum deposit is AU$ 200.
Trading platforms offered include TradingView, MetaTrader 4, MetaTrader 5, cTrader, and, Capitalise.ai. The following trading instruments and products are available:
- 70 Forex pairs
- 17 commodities
- 28 indices
- Over 1,000 shares
Furthermore, there are 100 ETFs accessible for trading. Deposit and Withdrawal options include VISA, MPesa, MasterCard, and, PayPal.
🔎 Broker | 🥇 Pepperstone |
Regulation | ASIC, BaFin, CMA, CySEC, DFSA, FCA and SCB |
📈 Social Media Platforms | LinkedIn YouTube |
📉 Trading Accounts | Standard Account Razor Account Professional Account Demo Account Islamic Account |
📊 Trading Platforms | MetaTrader 4 MetaTrader 5 cTrader TradingView Myfxbook Duplitrade |
💴 Minimum Deposit | AU$200 |
💹 Trading Assets | Forex Indices Shares Commodities Cryptocurrencies Futures Options |
💵 USD-based Account | ✅Yes |
💶 USD Deposits Allowed | ✅Yes |
🎁 Bonuses for traders | None |
📌 Minimum spread | From 0.0 pips |
🆓 Demo Account | ✅Yes |
☪️ Islamic Account | ✅Yes |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Fully digital account opening | Mostly CFDs offered |
Great customer service | Basic Trading Platforms |
Our Insights
The benefits of trading with Pepperstone include its suitability for all traders. Moreover, exceptional educational resources are offered.
What is the European Union (EU) – Explained
As a supranational political and economic union, the European Union, or EU, has 27 Member states. The 27 Member States are primarily located in Europe.
The Autorité de contrôle prudentiel et de résolution (ACPR)
The Autorité de contrôle prudentiel et de résolution (ACPR) is the French Prudential Supervision and Resolution Authority, a regulatory entity within the Bank of France. It exercises prudential supervision of regulated French financial firms – including Banks, Insurance, and, Forex Trading.
In Conclusion
Forex Trading in France has seen a notable rise in popularity. Moreover, it is overseen by the Autorité de contrôle prudentiel et de résolution (ACPR). Any Forex Broker authorized in Europe can accept French traders without restriction.
Broker | Review | Regulators | Min Deposit | Website | |
---|---|---|---|---|---|
🥇 | ![]() | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | USD 100 | Visit Broker |
🥈 | ![]() | Read Review | FSCA, IFSC, ASIC, CySEC, DFSA, FCA | USD 5 | Visit Broker |
🥉 | ![]() | Read Review | FCA, FSCA, FSC, CMA | USD 10 | Visit Broker |
4 | ![]() | Read Review | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB | USD 200 | Visit Broker |
5 | ![]() | Read Review | FCA, CySEC, FSCA, SCB | USD 100 | Visit Broker |
6 | ![]() | Read Review | CySEC, MISA, FSCA | USD 25 | Visit Broker |
7 | ![]() | Read Review | CySEC, FCA, FSA, FSCA, Labuan FSA | USD 100 | Visit Broker |
8 | ![]() | Read Review | CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA | USD 10 | Visit Broker |
9 | ![]() | Read Review | ASIC, CySEC, FSCA, CMA | USD 100 | Visit Broker |
10 | ![]() | Read Review | IFSC, FSCA, ASIC, CySEC | USD 1 | Visit Broker |
Our Insights
While reviewing the Best Forex Brokers that accept French Traders, we found 5 excellent options. Each broker has its list of Benefits, ranging from multiple account types to multilingual customer support. Finding the Best Forex Broker will depend on a trader’s individual trading needs.
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The Financial Conduct Authority (FCA) regulates CMC Markets.
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FINRA, IIROC, FCA, CSSF, CBI, MNB, ASIC, SFC, and, MAS Regulate it
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