Best Forex Brokers in France for 2022 • Benzinga

If you’re a French investor and you want to find the best forex broker in France that services clients, you’ll find some solid opportunities in the country. But when trading forex anywhere, It’s imperative to ensure the safety of your funds and determine whether they can satisfy your trading requirements before you fund an account with a specific broker. That said, keep reading to learn about the best forex brokers in France and how you can work with them.

Quick Look: Best Forex Brokers France

5 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. Eightcap

Melbourne-based Eightcap forex is an award-winning forex trading platform operating off the MetaTrader4 and MetaTrader5 platforms. Users can trade in more than 1,000 financial instruments across several asset classes. 

Two account types, Standard and Raw, allow traders to choose between a wider forex spread or commission per trade combined with a lower spread. Users have access to for automating and backtesting trading strategies. Eightcap also provides plenty of educational material for those new to trading forex.

Best for: Global Forex Trading on MetaTrader5


  • More than 1,000 financial instruments
  • Easy to use MetaTrader4 and MetaTrader5 platforms 
  • Access to for automation and analytic tools
  • Multilingual customer service


  • Not available in the U.S.
  • Not for exotic currency pair traders, as Eightcap has just one exotic currency pair

Read Benzinga’s Full Eightcap Review

  • Account Minimum


2. 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. Use the platform to trade in forex, spot metals, futures and options, but if you’re looking to trade in stocks and shares, is not for you. 

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.

Best for: Educational resources


  •  Access more than 80 currencies
  •  Choose from 90 indicators for a thorough performance analysis
  •  An impressive array of training and educational materials
  •  A customizable proprietary platform and MetaTrader5
  •  Low spreads, commission-free on Standard accounts


  • Doesn’t support trade in stocks and shares 

Read Benzinga’s Full Review 

3. Interactive Brokers

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. 

Best for: International stocks and funds


  • Free access to a wide range of assets
  • Affordable rates
  • A responsive mobile platform
  • Professional tools for licensed advisors
  • Zero minimum account balance


  • Beginners may find the platform confusing

Read Benzinga’s Full Interactive Brokers Review 

  • Best For

    Active and Global Traders

    securely through IBKR International’s website

4. CedarFX

CedarFX offers users a wide range of tradable assets, including forex, stocks, cryptocurrencies, futures and metals. Traders use MetaTrader4 for research and trade and choose from a 0% commission account or an Eco account. CedarFX charges $1 per trade on the Eco account. This amount is doubled and paid over to Ecologi to plant trees. 

CedarFX educational resources aren’t as expansive as some of the competing products. However, a free demo option helps new traders practice their skills before committing their funds. 

Best for: Eco-friendly trading


  • A wide choice of tradable assets 
  • Quick and easy registration procedure
  • MetaTrader4 platform
  • 100 trees planted for each traded lot in an Eco account 
  • 24/7 customer service


  • Educational resources not as good as competitors

Read Benzinga’s Full CedarFX Review 

  • CedarFX is not regulated by any major financial agency. The brokerage is owned by Cedar LLC and based in St. Vincent and the Grenadines.


If you’re looking for excellent educational resources, you’ll find them on FXTM. The platform supports MetaTrader4 and MetaTrader5 software. With FXTM, you can also access the electronic communications network (ECN) for direct market access. An ECN ensures better spreads as it consolidates the prices of different market participants.  

FXTM offers a copy trading option that allows users to tap into proven trading expertise. FXTM offers trades in forex, spot gold and silver, shares of 300 of the top U.S. shares, cryptocurrencies, indices and commodities. FXTM has three standard and three ECN account options, each with its own pricing structure.

Best for: Copy traders


  • A wide range of tradeable assets, including 50 currency pairs
  • MetaTrader4 and 5
  • ECN trading optimizes profits  
  • Copy trading
  • Islamic accounts available
  • Multilingual customer support


  •  Not available in the U.S.
  •  No futures and options

Read Benzinga’s Full FXTM Review 

  • Account Minimum

    Micro account (with minimum deposit $/€/£ 50) and ECN Advantage & ECN Advantage Plus (both with minimum deposit of $/€/£ 500)

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: Forex 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.


Can I trust a forex broker?


Do your research before entrusting your money to a broker. You can trust a reputable forex broker that is licensed and subject to financial regulations.

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