If you are eager to trade forex in France, the quickest way to proceed is to select a broker from the list that we provide below. There are hundreds of legitimate brokers across the globe. The ones listed below have proven track records, are heavily regulated, and are worthy of your consideration. While there are many characteristics to consider, we have also provided some helpful tips, and we can also help you compare the offerings of your final candidates.
France has always been a financial power in the European region and ranks third economically behind Germany and the UK. Forex trading is a legal activity, and the community of forex traders within France is estimated to be 130,000, nearly 10% of the 1.5 million traders in all of Europe. The Autorité des marchés financiers (AMF) encourages French citizens to trade only with AMF-regulated brokers and has been known to block websites and prepare blacklists of any offending brokers operating from offshore.
Risk Warning: Trading financial products on margin carries a high degree of risk and is not suitable for all investors. Losses can exceed the initial investment. Please ensure you fully understand the risks and take appropriate care to manage your risk.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
78.8% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Investing involves risks. You can lose (a part of) your deposit. We advise you to only invest in financial products which match your knowledge and experience.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.89% 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.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Trading CFDs involves substantial risk of loss and may not be suitable for all investors. Trading such high-risk financial contracts may result in the loss of all the client's invested capital. 77.7% of retail investors lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. UK: 68.61%, EU: 77.99% of retail investor accounts lose money when spread betting or trading CFDs with OvalX. You should consider whether you understand how spread bets or CFDs work and whether you can afford to take the high risk of losing your money.
RISK WARNING: Derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading derivatives with this provider. You should consider whether you understand how derivatives work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high degree of 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.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investors lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. For professional clients, spread betting and CFD trading can result in losses larger than your initial stake or deposit.
XM Broker Review
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% 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.
It is best to take your time when choosing your forex broker. We can save you time in that regard. Foreign-based brokers trying to win your patronage will also bombard you on the internet with offers that will tempt you. While many of these brokers will be legitimate, some may be fraudulent. It is always best to select a reliable, safe and trustworthy forex broker from the list provided above to avoid any scams or brokers that do not deal in good faith. Consider the following:
Can you trade forex in France?
Yes, in France FX trading is legal, but the local regulator tends to be more conservative than most due to the large losses sustained by French citizens when binary options were the rage and scandal ridden. Examples are mandatory guaranteed stop losses and negative balance protection. The local regulator is the Autorité des marchés financiers (AMF), but this agency also follows the edicts issued by the European Securities and Markets Authority (ESMA).
Do forex traders pay tax in France?
Yes, forex traders in France do pay taxes on their net gains, but different rules may apply to the amount that is taxable, and new rules have modified how gains from cryptocurrencies are treated under the law. It is always wise to check with a tax professional to determine how compliance applies to your individual situation.
