Best Forex Brokers in France for 2024
ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. 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 Financiers (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 Financiers's webpage on Wikipedia.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% 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:
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 my Overall rankings of the top forex brokers.
Company | Accepts FR Residents | Authorised by EU-Member State | Average Spread EUR/USD - Standard | Minimum Deposit | Overall Rating |
IG
|
0.98 | £250.00 | |||
Interactive Brokers
|
0.59 | $0 | |||
Saxo
|
1.1 | $0 | |||
XTB
|
1.00 | $0 | |||
eToro
|
1 | $50-$10,000 | |||
Capital.com
|
0.67 | $20 | |||
AvaTrade
|
0.93 | $100 | |||
FXCM
|
0.78 | Starts from $50 | |||
Pepperstone
|
1.00 | $0 | |||
XM Group
|
1.6 | $5 | |||
FP Markets
|
1.1 | $100 AUD | |||
Tickmill
|
0.51 | $100 | |||
IC Markets
|
0.62 | $200 | |||
HFM
|
1.2 | $0 | |||
Eightcap
|
1.0 | $100 | |||
easyMarkets
|
0.8 | $50 | |||
BlackBull Markets
|
0.76 | $0 | |||
Questrade
|
N/A | $250 | |||
ActivTrades
|
0.98 | 0 | |||
Trade Nation
|
0.6 | $0 | |||
Spreadex
|
0.81 | $0 | |||
IFC Markets
|
1.44 | $1 |
How to Verify AMF Authorisation
To identify if a forex broker is regulated as an Investment Service Provider (ISP) by the Autorite Des Marches Financiers (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).
Why regulation is important
No matter where you live, it's important to use well-regulated forex brokers if you want to avoid forex scams. My popular educational series covering forex scams shows everyday traders how to identify common forex scams and delivers helpful info about what to do if you've been scammed. Crypto enthusiasts and bitcoin traders will find helpful tips on how to spot common crypto scams.
Compare France Brokers
Popular Forex Guides
- Best MetaTrader 4 (MT4) Brokers for 2024
- International Forex Brokers Search
- Best Forex Brokers for 2024
- Best Brokers for TradingView of 2024
- Best Forex Brokers for Beginners of 2024
- Best Low Spread Forex Brokers for 2024
- Best Copy Trading Platforms for 2024
- Compare Forex Brokers
- Best Forex Trading Apps for 2024
More Forex Guides
Find the best forex brokers in Europe
- Best Forex Brokers in Austria for 2024
- Best Forex Brokers in Cyprus for 2024
- Best Forex Brokers in Denmark for 2024
- Best Forex Brokers in Finland for 2024
- Best Forex Brokers in France for 2024
- Best Forex Brokers in Germany for 2024
- Best Forex Brokers in Ireland for 2024
- Best Forex Brokers in Italy for 2024
- Best Netherlands Forex Brokers of 2024
- Best Forex Brokers in Norway for 2024
- Best Forex Brokers in Poland for 2024
- Best Forex Brokers in Portugal for 2024
- Best Forex Brokers in Spain for 2024
- Best Forex Brokers in Sweden for 2024
- Best Switzerland Forex Brokers of 2024
- Best Forex Brokers in Turkey for 2024
- Best Forex Brokers in Ukraine for 2024
- Best Forex Brokers in the UK for 2024
Methodology
At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).
Our research team, led by Steven Hatazkis, conducts thorough testing on a wide range of features, products, and services. We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. Our research team collects and validates thousands of data points each year.
We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points.
Some of the other important research categories that are factored into our testing include mobile trading accessibility and capability, availability of market research and educational content, and each broker’s regulatory status and number of held regulatory licenses.
All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go.
We also test on mobile devices; for Apple, we test using the iPhone XS running iOS 16, and for Android we use the Samsung Galaxy S9+ and Samsung Galaxy S20 Ultra devices running Android OS 13.
Read our full explanation and accounting of our research and testing process to 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.