5 Best Forex Brokers in France
We have listed the 5 Best Forex Brokers in France for trading major currency pairs, including EUR/USD, GBP/USD, and USD/JPY. These brokers offer tight spreads, robust regulatory compliance, and advanced trading platforms, ensuring that both novice and experienced traders can access the forex market efficiently and trade with confidence.
5 Best Forex Brokers in France (2025)
- MultiBank Group – Overall, the Best Forex Broker in France
- CMC Markets – FCA-regulated, strong regulatory oversight in Europe
- Saxo Bank – Danish-based, regulated by top European authorities
- Interactive Brokers – Access to over 135 markets worldwide
- Pepperstone – MetaTrader and cTrader platforms with advanced trading features
Top 10 Forex Brokers (Globally)
1. MultiBank Group
Multibank Group operates through its European arm, MEX Europe Ltd, which holds a Cyprus Securities and Exchange Commission (CySEC) licence. Because France is in the EU, French traders can work with Multibank under that licence, which must comply with both CySEC rules and applicable EU financial laws such as MiFID.
| What Makes Multibank Stand Out in France | Description |
| EU Licence | Operates via CySEC licence allowing legal service provision to all EU member states, including France. |
| Regulatory Coverage | Regulated in many jurisdictions |
| Platform and Instruments | Offers multiple platforms, large selection of forex pairs, CFDs, other instruments. |
| EU Trader Protections | Adherence to EU rules like leverage limits, investor protection measures under MiFID. |
 | Minimum Deposit: $50 Regulated by: ASIC, AUSTRAC, BAFIN, CIMA, ESCA, CySEC, FSC, FMA, MAS, TFG, VFSC Crypto: Yes |
Frequently Asked Questions
Is Multibank Group specifically regulated by French authorities?
No. Multibank Group is not directly regulated by 🇫🇷 AMF or ACPR. It uses a CySEC licence, which allows it to serve all EU countries, including France, under EU passporting rules.
Do French traders have full access to Multibank’s services?
Yes. Traders in 🇫🇷 France can open accounts, trade forex and CFDs, and use platforms. EU rules apply, including leverage limits and protections such as negative balance protection.
| Minimum Deposit: $50 Regulated by: ASIC, AUSTRAC, BAFIN, CIMA, ESCA, CySEC, FSC, FMA, MAS, TFG, VFSC Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Strong global regulation | Not AMF regulated |
| Wide asset range | Lower leverage in EU |
| Advanced platforms | Costs vary by account |
| EU client protections | Limited 🇫🇷 local focus |
| Transparent operations | Some prefer local brokers |
Our Insights
Multibank Group is legally accessible to French traders through its CySEC licence. While not locally regulated by 🇫🇷 AMF, it fully complies with EU rules, making it a safe and competitive choice for forex trading in France.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐⭐ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
2. CMC Markets
CMC Markets holds registration with 🇫🇷 Autorité des Marchés Financiers (AMF) and operates under European regulation via 🇬🇧 Financial Conduct Authority (FCA). Because it meets French regulatory requirements like guaranteed stop loss and negative balance protection, it legally accepts and serves forex and CFD traders in France.
| Feature | Description |
| French Licence | AMF authorised since 2010 |
| EU Regulation | Overseen by FCA and MiFID rules |
| Risk-Restricted Accounts | “Limited-risk” option for 🇫🇷 traders |
| Compliance | Meets Sapin II law requirements |
 | Minimum Deposit: $0 Regulated by: BaFin, FCA, ASIC, MAS, FMA, IIROC, DFSA Crypto: Yes |
Frequently Asked Questions
Is CMC Markets fully authorised by French regulators?
Yes. CMC Markets obtained the 🇫🇷 AMF licence in 2010, allowing it to operate directly in France under French law. It also aligns with EU regulations such as MiFID, meeting obligations required of EU brokers serving French clients.
What special measures does CMC Markets offer French traders?
Under France’s Sapin II law, CMC Markets provides a “limited-risk” account type that limits losses to the initial investment in any position. It also ensures obligations like guaranteed stop-loss execution and negative balance protection for retail clients in France.
| Minimum Deposit: $0 Regulated by: BaFin, FCA, ASIC, MAS, FMA, IIROC, DFSA Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Fully licensed by AMF | Higher fees than some offshore brokers |
| EU protections for clients | Stricter leverage limits for EU traders |
| Localised French support | Advertising rules reduce visibility in 🇫🇷 |
| Risk-control tools like guaranteed stop loss | Product marketing restrictions apply |
| Wide range of forex and CFDs | Advanced tools complex for beginners |
Our Insights
CMC Markets is compliant and authorised to serve 🇫🇷 French forex traders. With its AMF licence, EU-level protections, and special account provisions under French law, it offers regulated, relatively low-risk access to forex and CFD trading in France.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐⭐ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐⭐ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
3. Saxo Bank
Saxo Bank operates a French branch (“Saxo Banque France”), which makes it fully licensed under 🇫🇷 AMF and ACPR. French residents can open trading accounts, trade forex and CFDs, under EU-level protections including MiFID II and ESMA rules like leverage caps and negative balance protection.
| Feature | Why It Stands Out |
| French Bank Licence | Licensed by 🇫🇷 AMF and ACPR |
| Local Branch | Operates as Saxo Banque France with French support |
| Competitive Spreads | Forex pairs from ~0.3 pips |
| EU Protections | Follows MiFID II and ESMA rules |
 | Minimum Deposit: $0 Regulated by: FSA, FCA Crypto: Yes |
Frequently Asked Questions
Does Saxo have a licence from French regulators?
Yes. Saxo acquired the French broker Cambiste and formed “Saxo Banque France”, obtaining approval from 🇫🇷 Banque de France, making it a fully licensed French bank and broker under AMF and ACPR oversight.
Can French traders fully access Saxo’s services?
Yes. Residents of 🇫🇷 France can open accounts with Saxo, use its trading platforms, and trade forex, stocks, and CFDs. Services are available in French with an EUR base currency, competitive spreads, and compliance with EU regulatory limits such as leverage caps.
| Minimum Deposit: $0 Regulated by: FSA, FCA Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Full French regulatory status | High costs for premium accounts |
| Local service and French support | Higher minimum deposits for some accounts |
| Wide range of markets beyond forex | Custody or inactivity fees apply |
| Strong EU client protections | Platforms complex for beginners |
| Transparent and reputable broker | Not cheapest vs low-cost rivals |
Our Insights
Saxo Bank is fully regulated and authorised for forex trading in 🇫🇷 France via its French branch. It offers strong regulatory compliance, localised service, and EU protections, making it a trustworthy option for both retail and professional traders in France.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐⭐ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐⭐ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐☆☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐☆☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐⭐ |
Top 3 Forex Brokers in France – A Comparison
| Broker |  |  |  |
| Licence | Operates via 🇨🇾 CySEC, legal in all EU states including 🇫🇷 | AMF authorised since 2010 | Licensed by 🇫🇷 AMF and ACPR |
| EU Regulation | Regulated in many jurisdictions, follows EU rules | Overseen by 🇬🇧 FCA, MiFID rules | Follows MiFID II and ESMA rules |
| Local Presence | Platforms and services available to 🇫🇷 traders | “Limited-risk” accounts for 🇫🇷 traders | Operates as Saxo Banque France with French support |
| Trading Platforms Instruments | Multiple platforms, large selection of forex, CFDs, other instruments | Forex and CFDs, risk restricted accounts | Competitive spreads, forex and CFDs, advanced platforms |
| Trader Protections | Adheres to EU leverage limits, investor protection measures under MiFID | Complies with Sapin II law, negative balance protection | EU protections including leverage caps and client safety rules |
4. Interactive Brokers
Interactive Brokers (IBKR) is a global brokerage firm regulated by the U.S. SEC and CFTC. While IBKR is not directly authorised by 🇫🇷 AMF or ACPR, French citizens and tax residents can legally open and use IBKR accounts. IBKR operates in France through its Irish affiliate, Interactive Brokers Ireland Limited, which is regulated by the Central Bank of Ireland. This structure allows IBKR to provide services to French traders while adhering to European Union regulations.
| Feature | Description |
| Global Regulation | Regulated by the U.S. SEC and CFTC |
| EU Presence | Operates through Interactive Brokers Ireland Limited |
| Wide Market Access | Trading in over 160 markets worldwide |
| Advanced Platforms | Provides tools like FXTrader for currency markets |
 | Minimum Deposit: $0 Regulated by: SEC, FINRA, FCA, ASIC Crypto: No |
Frequently Asked Questions
Can French residents use Interactive Brokers?
Yes, French citizens and tax residents are eligible to open trading accounts with Interactive Brokers. IBKR operates in France through its Irish affiliate, Interactive Brokers Ireland Limited, which is regulated by the Central Bank of Ireland. This allows IBKR to offer services while complying with EU regulations.
Is Interactive Brokers regulated in France?
No, Interactive Brokers is not directly authorised by 🇫🇷 AMF or ACPR. However, it operates through its Irish affiliate, which is regulated by the Central Bank of Ireland. This structure enables IBKR to provide services to French traders while following EU regulatory standards.
| Minimum Deposit: $0 Regulated by: SEC, FINRA, FCA, ASIC Crypto: No |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Access to global markets | Not directly regulated by French authorities |
| Advanced trading platforms | May be complex for beginners |
| Competitive pricing | Higher minimum deposit requirements |
| Comprehensive research tools | Limited customer support in French |
| Strong regulatory oversight in the U.S. | No local presence in France |
Our Insights
Interactive Brokers is not directly regulated by French authorities but operates in France through its Irish affiliate, Interactive Brokers Ireland Limited. French citizens and tax residents can legally open and use IBKR accounts. It offers access to a wide range of instruments and advanced trading platforms, making it suitable for experienced traders.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐⭐ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐⭐ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐⭐ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐⭐ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐⭐ |
5. Pepperstone
Pepperstone is an Australian forex and CFDs broker regulated by multiple authorities, including 🇦🇺 ASIC, 🇬🇧 FCA, 🇨🇾 CySEC, and 🇩🇪 BaFin. While Pepperstone is not directly authorised by 🇫🇷 AMF or ACPR, French residents can legally open and use Pepperstone accounts. The broker operates in France under its CySEC and BaFin licences, adhering to European Union regulations.
| Feature | Description |
| Global Regulation | Regulated by 🇦🇺 ASI 🇬🇧 FCA, 🇨🇾 CySEC, an 🇩🇪 BaFin |
| EU Presence | Operates under CySEC and BaFin licences |
| Wide Market Access | Offers trading in over 160 markets worldwide |
| Advanced Platforms | Provides tools like MetaTrader 4, MetaTrader 5, and cTrader |
| Competitive Pricing | Low spreads and commissions |
 | Minimum Deposit: $200 Regulated by: ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB Crypto: Yes |
Frequently Asked Questions
Can French residents use Pepperstone?
Yes, French citizens and tax residents are eligible to open trading accounts with Pepperstone. The broker operates in France under its CySEC and BaFin licences, providing services to French traders while complying with EU regulations.
Is Pepperstone regulated in France?
No, Pepperstone is not directly authorised by 🇫🇷 AMF or ACPR. However, it operates in France under its CySEC and BaFin licences, adhering to European Union regulations, which allows the broker to provide services to French traders.
| Minimum Deposit: $200 Regulated by: ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Access to global markets | Not directly regulated by French authorities |
| Advanced trading platforms | May be complex for beginners |
| Competitive pricing | Higher minimum deposit requirements |
| Comprehensive research tools | Limited customer support in French |
| Strong regulatory oversight in multiple jurisdictions | No local presence in France |
Our Insights
Pepperstone is not directly regulated by French authorities but operates in France under its CySEC and BaFin licences. French citizens and tax residents can legally open and use Pepperstone accounts. The broker offers access to a wide range of financial instruments and advanced trading platforms, making it a viable option for experienced traders in France.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐☆☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐☆☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐☆☆ |
The 5 Best Forex Brokers in France (2025)
| Regulated by top-tier authorities Competitive spreads |  |  |
| FCA-regulated Extensive range of forex pairs and CFDs | | |
| Regulated by top European authorities Competitive pricing | | |
 | Access to over 135 markets worldwide Powerful Trader Workstation platform | | |
 | ASIC and FCA regulated Ultra-low spreads on major forex pairs | | |
Forex Trading in France – A Quick Overview
Regulators in 🇫🇷 France enforce strict EU rules on forex trading, primarily through the Autorité des Marchés Financiers (AMF) and ACPR. Licensed brokers allow traders to access currency pairs, CFDs, and other instruments.
Regulations protect clients, set leverage limits, and ensure transparent trading, making trading safe for both retail and professional traders.
Pros and Cons of Forex Trading in France
| ✓ Pros | ✕ Cons |
| Legal and regulated | Leverage limits are lower than offshore brokers |
| Strong client protections | Some brokers may have limited product offerings |
| Access to global markets | Account setup may require strict verification |
| Demo accounts available | Fees may be higher with EU brokers |
| Educational resources for beginners | Advertising and marketing may be restricted |
You might also like:
- MultiBank Group Review
- CMC Markets Review
- Saxo Bank Review
- Interactive Brokers Review
- Pepperstone Review
In Conclusion
Traders in 🇫🇷 France can safely engage in forex trading, as regulators enforce strong protections and provide access to global markets. Although regulators set stricter leverage limits and fees compared to offshore options, licensed brokers create a secure and transparent environment that suits both beginners and experienced traders.
Faq
Yes, trading currencies is legal in France if conducted through brokers regulated by AMF, ACPR, or EU-authorised entities.
Traders are protected under MiFID II rules, negative balance protection, leverage limits, and AMF oversight.
Yes, many EU-regulated brokers offer demo accounts, educational tools, and beginner-friendly platforms.
Retail traders face leverage caps, e.g., 1:30 for major pairs and 1:20 for minor pairs, in compliance with ESMA rules.
No, brokers must be licensed by AMF, ACPR, or operate under EU passporting regulations to legally serve traders.
