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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.
Best Forex Brokers France
To find the best forex broker in France, we created a list of all EU authorised brokers, then ranked brokers by their 2019 Overall Ranking. Here is our list of the top forex brokers in France.
- IG - Best Overall, Most Trusted
- Saxo Bank - Best Web Platform, Research
- XTB - Great Customer Service, Easy to Use Platform
- OANDA - Well-rounded Offering
- eToro - Best for Copy Trading
- Pepperstone - 3.5 Stars
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 Trust Score.
|Forex Broker||Accepts FR Residents||Average Spread EUR/USD - Standard||Minimum Initial Deposit||Trust Score||Overall||Open Account|
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).
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