Best Forex Brokers France for 2022.
The ForexBrokers.com annual forex broker review (six years running) is the most cited in the industry. With over 50,000 words of research across the site, we spend hundreds of hours testing forex brokers each year. Here's how we test.
Trading forex (currencies) internationally is popular among traders in France. While any forex broker authorised in Europe (EU) can accept clients from France, it is an additional benefit to also become authorised by the Autorite Des Marches Fianciers (AMF) , which is the financial regulatory body in France. The AMF's website is amf-france.org. We recommend French residents also follow the AMF on Twitter, @AMF actu.
The AMF was established by the Financial Security Act of August 1st, 2003 and was the result of the consolidation of three national regulatory bodies at the time that merged to become the AMF. As a member of the European Union (EU), France's AMF includes MiFID regulation. For a historical breakdown, here's a link to the Autorite Des Marches Fianciers's webpage on Wikipedia.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 65% and 82% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Best Forex Brokers France.
To find the best forex brokers in France, we created a list of all EU authorised brokers, then ranked brokers by their Overall ranking. Here is our list of the top forex brokers in France.
- Best web-based trading platform - Excellent overall, best platform technology - Great overall, best for professionals - Great research and education - Best for copy and crypto trading - Great for beginners and copy trading - Excellent trading platforms and tools.
France Forex Brokers Comparison.
Compare authorised forex and CFDs brokers side by side using the forex broker comparison tool or the summary table below. This broker list is sorted by the firm's ForexBrokers.com Overall ranking.
Forex Broker Accepts FR Residents Authorised by EU-Member State Average Spread EUR/USD - Standard Minimum Deposit Overall Visit Site Saxo Bank Yes Yes 0.800 $2,000.00 5 Stars Visit Site CMC Markets Yes Yes 0.730 $0.00 5 Stars N/A Interactive Brokers Yes Yes 0.600 $0 5 Stars Visit Site XTB Yes Yes 0.900 $0.00 4.5 Stars Visit Site eToro Yes Yes 1.00 $10-$200 4.5 Stars N/A AvaTrade Yes Yes 0.910 $100.00 4.5 Stars Visit Site FXCM Yes Yes 1.400 Starts from $50 4.5 Stars N/A Admiral Markets Yes Yes 0.800 100 4.5 Stars N/A Capital.com Yes Yes 0.800 $20.00 4.5 Stars Visit Site XM Group Yes Yes 1.600 $5 4 Stars Visit Site Pepperstone Yes Yes 0.770 $200.00 4 Stars N/A FP Markets Yes Yes 1.200 $100 AUD 4 Stars Visit Site Tickmill Yes Yes 0.270 $100.00 4 Stars Visit Site HFM (HF Markets) Yes Yes 1.200 $5 4 Stars Visit Site Vantage Yes Yes 1.220 $200 4 Stars N/A Eightcap Yes Yes $100 4 Stars N/A VT Markets Yes Yes 1.200 $200 4 Stars N/A easyMarkets Yes Yes 0.900 $100.00 4 Stars N/A LegacyFx Yes Yes 0.00 $500 3.5 Stars N/A IC Markets Yes 0.620 $200 4.5 Stars Visit Site BlackBull Markets Yes 0.845 $50 4 Stars N/A Trade Nation Yes 0.60 $0 4 Stars N/A ACY Securities Yes 1.200 $50 4 Stars N/A.
How to Verify AMF Authorisation.
To identify if a forex broker is regulated as an Investment Service Provider (ISP) by AMF and administered by the Autorité de Contrôle Prudentiel et de Résolution (ACPR), the first step is to identify the register number from the disclosure text at the bottom of the broker's homepage. For example, here's the key disclosure text from FXCM's website,
FXCM France is subject to the control of: The Autorité de contrôle prudentiel et de résolution (ACPR) in matter of fight against money laundering and the financing of terrorism. The Autorité des marchés financiers (AMF) - Règles de conduite et Principes d'Exécution (Rules of Conduct and Principles of Implementation). Interbank Code: 19843. .
Next, look up the firm name on the financial register (REGAFI) available on the Bank of France's website to validate the current status of the broker such as its ability to provide cross border services or operate a branch office. Here is the official page for FXCM (Forex Capital Markets).
More Forex Guides.
Methodology.
For our 2022 Forex Broker Review we assessed, rated, and ranked 39 international forex brokers over a three-month time period resulting in over 50,000 words of published research.
Each broker was graded on 113 different variables, including our proprietary Trust Score algorithm. This innovative scoring system ranks the level of trustworthiness for each broker based on factors such as licenses, regulation and corporate structure. Read more about Trust Score here.
As part of our annual review process, all brokers had the opportunity to provide updates and key milestones and complete an in-depth data profile, which we hand-checked for accuracy.
Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust. Learn more about how we test.
Forex Risk Disclaimer.
There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.Read more on forex trading risks.
About the author: Steven Hatzakis Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. Steven is an active fintech and crypto industry researcher and advises blockchain companies at the board level. Over the past 20 years, Steven has held numerous positions within the international forex markets, from writing to consulting to serving as a registered commodity futures representative.
Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published website as of 01/10/2022 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the "Contact" link at the bottom of this page.
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IG - 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
OANDA - CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
eToro is a multi-asset platform that offers investments in stocks and crypto assets as well as trading CFDs. Please note that CFDs are complex instruments and, due to the leverage effect, carry a high risk of losing money quickly. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not an indication of future results. The trading history shown is less than 5 complete years and may not be sufficient as a basis for an investment decision. Copy Trading is a portfolio management service provided by eToro (Europe) Ltd. which is authorized and regulated by the Cyprus Securities and Exchange Commission. Cryptoassets are highly volatile and unregulated in the UK. No consumer protection. Tax on profits may apply.
Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909).
Reink Media Group (Ireland) ltd is acting in a capacity of a marketing affiliate of FXCM EU LTD.
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