Choosing the right forex broker is a crucial step for any trader, especially in a highly regulated and sophisticated market like France. With an increasing number of investors venturing into the foreign exchange market, finding a reliable broker who aligns with your trading needs, offers competitive spreads, and meets regulatory standards is essential.
In this guide, we’ll break down the top forex brokers in France, highlighting the features, tools, and benefits that make them stand out. Whether you’re a seasoned trader or just starting, this list will help you make an informed choice to maximize your trading potential while navigating the complexities of forex trading in France.
Quick Look: Best Forex Brokers in France
- Best for All Around Offerings: FOREX.com
- Best for CFD Trading: Vantage Markets
- Best for Fast Execution Speed: Blackbull Markets
- Best for Beginners: Capital.com
- Runner Up for CFD Trading: TMGM
- Best for Traders of all Experience Levels: eToro
- Best for International Stocks and Funds: Interactive Brokers
Best Forex Brokers in France
As part of the European Union, French forex traders have plenty of choices in choosing a platform for trading forex. The five best brokers for forex trading in France are all tier-1 regulated and offer clients desktop and mobile trading platforms with French language options. Most operate on the popular MetaTrader4 or 5 platforms along with their proprietary software.
1. Best for All Around Offerings: FOREX.com
- Best For:Excellent Trading Conditions and Overall OfferingsVIEW PROS & CONS:securely through Forex.com Europe's website
FOREX.com is a secure platform regulated under four tier-1 authorities. The company offers easy entry into forex trading with a minimum deposit of just $100. You can use the platform to trade in forex, spot metals, futures and options.
Users have two account options and Direct Market Access (DMA). An Active Trader program offers rebates and personalized professional support. The educational resources start with basic forex concepts, through advanced advice for trading forex and include live webinars.
2. Best for CFD Trading: Vantage Markets
- Best For:CFD TradersVIEW PROS & CONS:securely through Vantage Markets's website
Vantage Markets is a versatile online broker offering access to over 1,000 CFD trading products. The platform supports popular tools like MetaTrader 4, MetaTrader 5, TradingView, and the Vantage App, providing traders with diverse, user-friendly options for both web and mobile trading. Vantage also offers educational resources through its Vantage Academy, where traders can access webinars, eBooks, and courses to deepen their market knowledge. Additionally, the platform provides promotional incentives, such as deposit bonuses and loyalty rewards, to enhance the trading experience for its users.
Vantage Markets stands out with its support for copy trading, allowing users to follow and replicate the strategies of experienced traders. Vantage Markets has built a reputation over 15 years for reliability and service, attracting a global clientele seeking flexible trading solutions. The platform's wide range of financial instruments and educational support make it a solid option for both novice and seasoned traders.
3. Best for Fast Execution Speed: Blackbull Markets
- Best For:Lightning Fast Execution SpeedVIEW PROS & CONS:securely through BlackBull Markets's website
BlackBull Markets is a leading trading broker founded in 2014 with its headquarters located in New Zealand. As a No Dealing Desk (NDD) broker, BlackBull Markets is known for offering a wide range of trading options including forex, indices, commodities, energies, metals and CFDs.
One notable aspect of BlackBull Markets is its regulatory status. The company is regulated by both the Financial Markets Authority (FMA) in New Zealand and the Financial Services Authority (FSA) in the Seychelles. Over the years, BlackBull Markets has achieved notable success and has built a strong reputation in the industry.
4. Best for Beginners: Capital.com
- Best For:Market-Leading SpreadsVIEW PROS & CONS:securely through Capital.com EU's website
Capital.com is a platform that caters to both beginner and experienced traders. Beginners can use a user-friendly demo to learn about charts, positions and indicators. The platform also provides comprehensive educational resources and 24/7 support. Traders can manage their exposure comfortably with flexible position sizing.
Capital.com is also appealing to experienced traders. The platform offers intuitive charts, drawing tools and over 75 indicators to improve analysis skills. Leveraged trading allows you to control larger positions with low margins, but it comes with risks of amplified profits and losses. The broker has fast execution times averaging 0.032 seconds, swift withdrawal processing and quick customer service responses.
5. Best for CFD Trading: TMGM
Founded in 2013, TMGM is an Australian forex and CFD broker serving traders globally. The company provides a wide variety of instruments on MetaTrader 4 and 5 platforms. TMGM offers rapid order execution, competitive pricing, and an array of supporting tools. TMGM allows you to trade with 60 different currency pairs and ultra-low spreads. Users have access to multiple markets such as forex, precious metals, cryptocurrencies, indices, and shares.
6. Best for Traders of all Experience Levels: eToro
eToro is a leading forex broker based in France that has become increasingly popular with both beginner and expert traders. The company was founded in 2006 and has since grown to become one of the largest social trading platforms available, offering its users access to over 1,000 financial markets, including forex, stocks, commodities, indices, and ETFs. eToro also caters specifically to French clients, offering services in the French language and providing customer support for all of their traders.
The platform offers a variety of tools to help its users get started trading quickly and easily. Its platform is intuitive and user-friendly, making it suitable for even novice traders. eToro also boasts an array of features such as copy trading, automated trading, social trading, and more that allow users to take advantage of the markets without having to do all of the work themselves.
7. Best for International Stocks and Funds: Interactive Brokers
- Best For:Active and Global TradersVIEW PROS & CONS:Securely through Interactive Brokers’ website
Multi-award-winning trading company, Interactive Brokers, offers traders an all-inclusive trading experience. Users can access a broad range of assets, including trading forex, options, futures and fund trading in 33 countries at affordable rates.
The Interactive Brokers software migrates seamlessly from laptop to smartphone, but it is geared more toward experienced traders. You need no minimum balance to open an Interactive Brokers account. Traders can choose between the Lite and Pro accounts and more than 100 different order types, including algorithmic trading.
Understanding Forex Trading in France
As part of the European Union, French traders may trade on any trading platforms authorized by EU member states that have the authorization of the French Financial authority Autorité Des Marchés Financiers (AMF).
The AMF is one of Europe’s most conservative financial authorities, aiming to guide traders away from high-risk investments. Here are some of the restrictions on forex trading in France:
- Guaranteed stop losses: All forex brokers in France must provide guaranteed stop losses.
- Negative balance protection: They must also offer negative balance protection, though it doesn’t apply to professional trading accounts.
- Leverage cap: The AMF puts a cap on leverage with a 20:1 limit on minor currencies and a 30:1 limit on major currency trades.
- Margin restrictions: FX brokers must close a trader’s open position when the margin drops below the 50% threshold.
Brokers that breach any of these regulations are blacklisted and their websites are blocked.
Trade Forex in France
The best forex brokers are those that can help you to meet your long-term financial plans. Forex trading is a well-developed industry, so you should find a broker that you can trust to keep your money safe and secure.
You need easy access to forex markets wherever you are. An interactive, user-friendly trading platform is your gateway to the world of forex trading. Keep an eye out for excessive trading costs as these can quickly erode profits made. Forex France, like other trading platforms, revolves around common-sense precautions.
Frequently Asked Questions
Can you trade forex in France?
Forex trading is very popular in France and any EU-accredited broker can do business in France.
Is France good for international trade?
France is a good country for international trade because it is a member of the European Union, has a well-developed infrastructure and is a major hub for international finance.
Which trading platform is best in France?
France’s top trading platform is MT4, followed by MT5 and cTrader which are also popular options. It ultimately depends on your trading needs and preferences, so it’s best to research and compare the different platforms to find the one that best suits your needs.
Get a Forex Pro on Your Side
FOREX.com, registered with the Commodity Futures Trading Commission (CFTC), lets you trade a wide range of forex markets with low pricing and fast, quality execution on every trade.
You can also tap into:
- EUR/USD as low as 0.2 with fixed $5 commissions per 100,000
- Powerful, purpose-built currency trading platforms
- Monthly cash rebates of up to $9 per million dollars traded with FOREX.com’s Active Trader Program
Learn more about FOREX.com’s low pricing and how you can get started trading with FOREX.com.
About Anna Yen
Anna Yen, CFA is an investment writer with over two decades of professional finance and writing experience in roles within JPMorgan and UBS derivatives, asset management, crypto, and Family Money Map. She specializes in writing about investment topics ranging from traditional asset classes and derivatives to alternatives like cryptocurrency and real estate. Her work has been published on sites like Quicken and the crypto exchange Bybit.