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Best Online Brokers in France in 2024

Updated on Jun 13, 2024
Fact checked

Are you feeling a bit lost in the world of investing in France, not sure which online broker to pick? It’s a tricky decision with so many options out there. To make things easier, we’ve looked into and compared the best online brokers in France.

From figuring out fees to understanding how these platforms work, our review covers the important stuff. We’re here to help you choose the online broker that fits your money goals. Join us as we break down the process and make picking an online broker in France less confusing.

Best Brokers in France

No time to read the whole article? Here are our suggestions for best brokers in France:

  1. eToro: Best online broker in France for beginners and social trading
  2. Interactive Brokers: Best broker in France for lowest FX fees
  3. Scalable Capital: Leading broker in France with Robo-Advisor feature
  4. Saxo Bank: Best online broker for experienced investors
  5. DEGIRO: Top trading platform in France with a wide product portfolio
  6. Trading 212: One of the best online brokers with commission-free ETFs

✔️ All of them are authorized to operate in France by the Autorité des Marchés Financiers (AMF). As such, all are under investor protection schemes.

Award Winner

eToro logo
#1 Best online broker in France for beginners and social trading
Min. deposit of $100
$0 for stocks and ETFs (other fees apply)
Demo account
See broker summary
Visit BrokerRead review
Broker summary
Investor Compensation Scheme

Up to €20,000 for clients under eToro (Europe) Ltd; Up to £85,000 for clients under eToro (UK) Ltd.

Fractional sharesYes
RegulatorsFCA, CySEC and ASIC.
Interest on uninvested cashUp to 5.3% in USD
Products and MarketsStocks, ETFs, cryptocurrencies and CFDs on stocks, ETFs, commodities, Forex, indices and cryptocurrencies.
Visit BrokerRead review

51% of retail CFD accounts lose money.

Award Winner

Interactive Brokers logo
#2 Best broker in France for lowest FX fees
Min. deposit of €0
Offers interest on uninvested cash balances
Excellent reputation (founded in 1978)
See broker summary
Visit BrokerRead review
Broker summary
Investor Compensation Scheme

Varies depending on the subsidiary. Two examples: Up to £85,000 for clients under IB U.K. Limited; Up to €20,000 for clients under IB Ireland Limited.

Fractional sharesYes
RegulatorsFINRA, SIPC, SEC, CFTC, IIROC, FCA, CBI, AFSL, SFC, SEBI, MAS and MNB.
Interest on uninvested cashEUR: 3.195%; USD: 4.83%; GBP: 4.707% (as of June 2024)
Products and MarketsStocks, ETFs, options, futures, Forex, commodities, bonds and funds.
Visit BrokerRead review

Award Winner

Best Online Brokers in France in 2024 1
#3 Leading broker in France with Robo-Advisor feature
Min. deposit: €1 (Broker); €1,000 (Robo-Advisor)
0% Commission
Accessible app
See broker summary
Visit Broker
Broker summary
Investor Compensation Scheme

Up to €100,000 for cash; Up to €20,000 for financial assets.

Fractional sharesYes
RegulatorsBaFin
Interest on uninvested cashEUR: 4.00% for the first 4 months, then 2.60%
Products and MarketsStocks, ETFs, Funds, Derivatives, Commodities, Forex and crypto ETPs.
Visit Broker

Award Winner

Saxo Bank logo
#4 Best online broker for experienced investors
Demo Account
Excellent reputation
Wide range of financial products
See broker summary
Visit BrokerRead review
Broker summary
Investor Compensation Scheme

Europe: up to €100,000 for cash and €20,000 for securities; UK: up to £85,000; Switzerland: CHF 100,000; Hong Kong: HKD 500,000

Fractional sharesNo
RegulatorsASIC, FSA, FCA, SFC, MAS, FINMA, DFSA.
Interest on uninvested cashUSD: Up to 4.08%; EUR: Up to 2.66%; GBP: Up to 3.95% (as of June 2024)
Products and MarketsStocks, ETFs, bonds, mutual funds, crypto ETPs, options, futures, Forex, Forex options, crypto FX, CFDs and commodities
Visit BrokerRead review

62% of retail CFD accounts lose money.

Award Winner

Best Online Brokers in France in 2024 2
#5 Top trading platform in France with a wide product portfolio
Min. deposit of €0
No Withdrawal Fees
Mobile App
See broker summary
Visit BrokerRead review
Broker summary
Investor Compensation Scheme

Securities: up to €20,000 (from non-returned assets up to 90%)
Cash balance: up to €100,000

Fractional sharesNo
RegulatorsAFM, DNB
Interest on uninvested cash0%
Products and MarketsStocks, ETFs, investment funds, futures, leveraged products, bonds and warrants.
Visit BrokerRead review

Investing involves risk of loss.

Award Winner

Trading 212 logo
#6 One of the best online brokers with commission-free ETFs
Free share bonus with code "IITW"
Commission-free investing
Minimum deposit: €10
See broker summary
Visit BrokerRead review
Broker summary
Investor Compensation Scheme

Varies between subsidiaries: Up to £85,000 for UK investors, up to €20,000 for European investors.

Fractional sharesYes
RegulatorsFCA, CySEC, ASIC and FSC.
Interest on uninvested cashEUR: 4.20%; USD: 5.10%; GBP: 5.20%
Products and MarketsStocks, ETFs, Forex, CFDs on stocks, crypto, indices and ETFs. Fractional shares, automatic investment system.
Visit BrokerRead review

Investing involves risk of loss.

Comparison of Best Online Brokers in France

Online Broker Minimum deposit Financial products available Fees on US stocks Regulators
eToro $100 Stocks, ETFs, Cryptocurrencies, CFDs on Stocks, ETFs, Commodities, Forex, Indices $0 FCA, CySEC, and ASIC
Interactive Brokers €0 Stocks, ETFs, Options, Futures, Forex, Commodities, Bonds and Funds. Between $0.0005 and $0.0035 per US share (min. $0.35) FINRA, SIPC, SEC, CFTC, IIROC, FCA, CBI, AFSL, SFC, SEBI, MAS, MNB
Scalable Capital €1 (Broker); €1,000 (Robo-Advisor) Stocks, ETFs, funds, derivatives, commodities and crypto ETPs BaFin, Deutsche Bundesbank
Saxo Bank €0 Stocks, ETFs, Bonds, Mutual Funds, Crypto ETPs, Options, Futures, Forex, Forex Options, Crypto FX, CFDs and Commodities Up to 0.08% (min. $1) ASIC, FSA, FCA, SFC, MAS, FINMA, DFSA
DEGIRO €0 Stocks, ETFs, Bonds, Options, Futures Contracts, Warrants, Investment Funds, and some leveraged products €1 Commission + €1 Handling AFM, DNB, BaFin
Trading 212 €10 Stocks, ETFs, Forex, CFDs on stocks, crypto, indices and ETFs. Fractional shares, automatic investment system. €0 FCA, CySEC, and FSC

#1 eToro: Best online broker in France for beginners and social trading

eToro logo
Visit brokerRead review

eToro at a glance

Products availableStocks, ETFs, Cryptocurrencies and CFDs on Stocks, ETFs, Commodities, Forex, Indices and Cryptocurrencies
RegulatorsFCA, CySEC, ASIC
Minimum Deposit$50
Fees$0 for stocks and ETFs (other fees apply)
Demo AccountAvailable
Visit eToroRead review
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

One of the best trading platforms in France is eToro, an international online broker with over 30 million users who trade stocks, ETFs, cryptocurrencies and CFDs on stocks, ETFs, commodities, Forex, indices and cryptocurrencies. It is known for its social trading feature, where you can copy the trades of other traders. There are thousands of verified traders on eToro, and you can pick the best trader based on past Return on Investment (ROI), risk profile, or other factors.

The eToro platform gives users access to over 3,000 financial instruments, including stocks and ETFs. Additionally, users can invest in ready-made investment portfolios (Smart Portfolios), a group of several assets or traders combined based on a theme or strategy.

Plus, eToro offers commission-free stock and ETF trading in France (other fees apply).

Opening an account and depositing is easy, and you can even try it out with virtual money (a demo account). On the downside, spreads can be high for some products. The only currency accepted (base currency) is the USD, meaning you’ll be charged currency conversion fees upon deposit and withdrawal when depositing in euros.

eToro is fully regulated and supervised by top-tier regulators such as the UK’s Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC) in Australia. The subsidiary in Europe, formerly known as “eToro (Europe) Ltd,” is authorised and regulated by the Cyprus Securities Exchange Commission (CySEC).

If you want to learn more, check out our eToro Review.

eToro's dashboard

Pros

  • Commission-free stock and ETF trading (other fees apply)
  • Social Trading and other innovative products
  • Wide variety of financial products
  • Slick, modern, and easy for anyone to use
  • Top tier regulators

Cons

  • Limited disclosed financial information
  • Withdraw and inactivity fees
  • Spread, overnight, inactivity, and currency conversion fees higher than average
  • Only one currency account (USD) - a currency conversion fee is applied if you deposit in a different currency
  • Doesn’t offer bonds, futures, or options

#2 Interactive Brokers: Best broker in France for lowest FX fees

Interactive Brokers logo
Visit brokerRead review

Interactive Brokers at a glance

Products availableStocks, ETFs, Options, Futures, Forex, Commodities, Bonds and Funds
RegulatorsFINRA, SIPC, SEC, CFTC, IIROC, FCA, CBI, AFSL, SFC, SEBI, MAS, MNB
Minimum Deposit€0
Fees$0.0035 per US stock (min. $0.35 per order)
Demo AccountAvailable
View BrokerRead review

Another exceptional trading platform in France is Interactive Brokers. Founded in 1978 and publicly listed in NASDAQ (ticker: IBKR), Interactive Brokers is a global online broker that surpassed major financial crises, showing resilience and a rigorous risk management process.

Interactive Brokers offers an advanced investment platform that includes a wide range of products (stocks, options, mutual funds, ETFs, futures, bonds, and currencies) from +135 markets, solid trade execution (IB SmartRouting), and a set of technical and fundamental tools to help you in your investment decisions.

Beginners and intermediate investors have educational tools to explore, but the learning curve will be steep. Besides, customer service gives clear answers to your doubts, so there is no need to go back and forth.

On the downside, Interactive Brokers’ fee structure is quite complex, the registration process is lengthy (but fully online), and the broker doesn’t offer commission-free trading. However, when considering FX fees, narrower spreads, and the stock loan program, Interactive Brokers’ clients still get significant savings compared to most brokers.

Interactive Brokers also launched IBKR GlobalTrader, a modern mobile trading app to trade stocks, ETFs, and options, which is ideal for beginner investors. Some of the features of IBKR GlobalTrader include automatic currency conversions, fractional shares, and a demo account.

Want to know more about Interactive Brokers? Check our Interactive Brokers Review.

Interactive Brokers Web App

Pros

  • Low commissions on US stock trading
  • No monthly inactivity fee
  • The broadest product and markets range in the brokerage industry
  • Demo account
  • Excellent reputation (founded in 1978)
  • Extensive research and Education tools
  • Has a modern mobile trading app to trade Stocks, Options and ETFs, ideal for novice investors, IBKR GlobalTrader.
  • Offers interest on uninvested cash balances

Cons

  • Complicated and lengthy account opening process (but fully online)
  • Steeper learning curve for beginners
  • Website is difficult to navigate
  • Interactive Advisors (Robo-advisor feature) is only available for US customers

#3 Scalable Capital: Leading broker in France with Robo-Advisor feature

Best Online Brokers in France in 2024 1
Visit broker

Scalable Capital at a glance

Products availableStocks, ETFs, Funds, Derivatives, Commodities and Crypto ETPs
RegulatorsBaFin, Deutsche Bundesbank
Minimum Deposit€1 (Broker); €1,000 (Robo-Advisor)
FeesUp to €3.99 (on EU stocks)
Demo AccountNot Available
Visit Scalable Capital

Founded in 2014, Scalable Capital is a German fintech that offers two services: Brokerage, where you can trade shares, ETFs, funds, crypto, and derivatives and invest via a savings plan by yourself, and a Wealth Service (Robo-advisor), where you get a personalized portfolio managed by Scalable Capital.

On the brokerage side, the range of available products is considerable: 7,500+ shares, 2,400+ ETFs, 3,000+ Funds, 70+ Crypto ETPs, and 375,000+ derivatives. It offers three pricing plans: “Free broker” for €0/month; “Prime Broker” for €2.99/month and “Prime Broker Flex” for €4.99. In all of them, you have free trading in a list of “PRIME ETFs”. Commission-free trading in shares is included in the “Prime Broker” plan.

Scalable Capital homepage

Within the Wealth Service, you will only be presented with different portfolios/strategies using ETFs. First, you need to answer a short questionnaire to access your risk profile, and then an appropriate portfolio will be set for you. Up to €100,000, you are charged an annual management fee of 0.75%. You can pay the minimum annual fee of 0.49% if you deposit over €500,000.

Scalable Capital has regulatory permission from the German Federal Financial Supervisory Authority (BaFin) to provide securities services, and it is also supervised by the German Federal Bank (Deutsche Bundesbank). As such, it is a member of the investor compensation scheme, which protects your cash (up to €100,000) and your assets (limited to 90%, up to a maximum of €20,000 per investor).

Pros

  • Stocks and ETFs commission-free (in PRIME Broker)
  • €1 minimum deposit
  • Interest on idle cash
  • No custody fee
  • Regulated by Bafin

Cons

  • No access to US stock exchanges
  • No fractional shares
  • Limited crypto available
  • €3.99 per trade on Xetra

#4 Saxo Bank: Best online broker for experienced investors

Saxo Bank logo
Visit brokerRead review

Saxo Bank at a glance

Products availableStocks, ETFs, Bonds, Mutual Funds, Crypto ETPs, Options, Futures, Forex, Forex Options, Crypto FX, CFDs and Commodities
RegulatorsASIC, FSA, FCA, SFC, MAS, FINMA, DFSA
Minimum Deposit€0 (for France)
FeesUp to 0.08% (min. $1)
Demo AccountAvailable
Visit SaxoRead review
64% of retail investor accounts lose money when trading CFDs with this provider.

Launched in 1992, Saxo Bank is one of the most solid financial entities in the brokerage industry, with a proven track record of success. It lets you trade over 70,000 financial instruments through their trading platforms: SaxoTraderPRO (for PC) and SaxoTraderGO (on mobile).

The wide range of cash and margin trading products across global markets includes stocks, ETFs, bonds, mutual funds, cryptos, options, futures, CFDs, forex, and more! Saxo Bank presents its advanced research tools for “Buy and hold or trade on leverage”. 

The Saxo Bank account tiers are the following:

  • Classic: A minimum €2,000 deposit is required (depending on the country of residency; for France, there is no minimum deposit requirement), giving you access to tight spreads and customer and technical support 24/5.
  • Platinum: A minimum €200,000 deposit is required. In addition to Classic features, it also lowers trading prices by up to 30% and prioritizes local-language customer support.
  • VIP: A minimum €1,000,000 deposit is required. Here, you will find the best prices, access to trading experts, and exclusive event invitations.
SaxoTraderGo dashboard

The pricing structure will vary according to your account tier. For instance, a US stock order will be 0.08% of the trade value, with a minimum of $1 in Classic. However, within the VIP tier, the same trade would be 0.03% of the trade value with the same minimum of $1. Plus, for accounts with stocks, ETFs/ETCs, or bond positions, a custody fee of up to 0.15% p.a. will apply.

The listed prices are approximate and will differ based on the resident country. For precise pricing details, refer to the platform’s trade tickets for a comprehensive overview.

Saxo Bank A/S is a fully licensed European bank under the supervision of the Danish Financial Supervisory Authority (FSA). Saxo Bank is a member of the Danish Guarantee Fund, which protects client cash deposits up to €100,000 and financial securities (stocks, ETFs,…) up to €20,000 per client.

Pros

  • Excellent research materials
  • Outstanding trading platforms (SaxoTraderPRO and SaxoTraderGO)
  • Extensive range of investment products
  • Long track record
  • Supervised by worldwide top-tier regulators

Cons

  • High minimum deposit (varies between countries)
  • Fees higher than average
  • Fee structure is complex
  • Does not accept US residents

#5 DEGIRO: Top trading platform in France with a wide product portfolio

Best Online Brokers in France in 2024 2
Visit brokerRead review

DEGIRO at a glance

Products availableStocks, Funds, ETFs, Futures, Leveraged Products, Bonds, and Warrants
RegulatorsAFM, DNB
Minimum Deposit€0
Fees0% commissions on ETFs (external fees apply)
Demo AccountNot Available
Visit DEGIRORead review

Investing involves risk of loss.

Founded in 2013, DEGIRO is a low-cost brokerage firm that has become very popular due to its low rates! With over 2.5 million users, the innovative platform has become widely known for its “do-it-yourself” philosophy in the sense that you have everything at your disposal to start investing on your own. It offers a wide range of financial assets to trade, including stocks, ETFs, bonds, options, futures contracts, warrants, investment funds, and some leveraged products (not quite the same as CFDs. More info here).

For instance, you can trade some ETFs for free (a €1.00 flat handling fee – external costs – still apply) with no minimum amount required. The web trading platform is basic, but it is efficient and straightforward to use. In a matter of minutes, you get used to it. The same applies to its mobile app. On the downside, there is an absence of significant fundamental research, a €1.00 commission for US stocks, a €2.50 connectivity fee applies, and pricing alerts are missing.

DEGIRO dashboard

Regarding security, DEGIRO is the Dutch branch of flatexDEGIRO Bank AG (a German-regulated bank). In the unlikely event that the segregated assets cannot be returned to clients, DEGIRO falls under the German Investor Compensation Scheme, which compensates any losses from non-returned assets up to 90% (with a maximum of €20,000), so do bear this in mind if you are planning to invest much larger volumes. Furthermore, any money deposited on a DEGIRO Cash Account with flatexDEGIRO Bank AG will be guaranteed up to €100,000 under the German Deposit Guarantee Scheme.

Still any doubts? Go through our DEGIRO Review!

Pros

  • List of commission-free ETFs available (external fees apply)
  • User-friendly web and mobile app
  • Wide range of investment options
  • Education material: Investor’s Academy and Investing with DEGIRO
  • Low overall commission structure
  • No account opening, inactivity, or withdrawal fee

Cons

  • 0.25% currency conversion fee (charged if you deposit or invest in a different currency than your base currency)
  • €/£1 flat handling fee (charged in most transactions)
  • €/£2.50 of connectivity fee (paid annually), per exchange where you’re invested
  • Does not offer Forex, CFDs, and Cryptos
  • No demo account
  • Little research
  • Low-quality customer support

#6 Trading 212: One of the best online brokers with commission-free ETFs

Trading 212 logo
Visit brokerRead review

Trading 212 at a glance

Products availableReal Stocks, ETFs, Forex, CFDs on stocks, crypto, indices and ETFs. Fractional shares, automatic investment system
RegulatorsFCA, CySEC and FSC
Minimum Deposit€10
Fees€0
Demo AccountAvailable
Visit Trading 212Read review

Investing involves risk of loss.

Founded in 2006, Trading 212 is a fintech based in London that aims to democratize the entire investment process through a simple mobile application. The company aims to do this by allowing anyone to invest in over 10,000 stocks and ETFs, Forex, commodities, CFDs, and cryptocurrencies. Over 15 million people have already downloaded the app.

In Trading 212, you will find commission-free stocks and ETFs trading, fractional shares, and even an automatic investment system (Robo-advisor). Opening an account is extremely quick and easy. On the downside, it shows limitations regarding available products, such as the lack of bonds and options. It charges a 0.15% currency conversion fee when buying assets in a currency different from your base account.

Portfolio tab

Within the app, you will notice two distinct sub-platforms: Trading 212 Invest, where you can trade a range of assets free of charge, and Trading 212 CFD, where you may trade leveraged financial products (CFDs).

On Trading 212 CFD, the currency conversion fee (FX fee) is higher (0.50%) than on Trading 212 Invest (0.15%).

The minimum deposit and withdrawal amounts are both €10. There are no deposit fees if you use bank transfer (other options include cards and Google/Apple Pay). For withdrawals, there is no fee, regardless of the method used.

In terms of safety, every Trading 212 is regulated by the following regulators: the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Financial Supervision Commission (FSC).

If you want to learn more, check our Trading 212 Review.

Pros

  • Commission-free Real Stocks and ETFs trading
  • AutoInvest & Pies feature
  • Fast and easy account opening process
  • Demo account
  • Top Tier Regulators
  • One free share worth up to €100 using the promo code "IITW"
  • High interest on uninvested cash

Cons

  • Limited product portfolio (no Options, Bonds, Mutual Funds or Futures)
  • No relevant Fundamental tools
  • Spreads on Forex CFDs may be high in certain trading hours
  • Foreign exchange fees (0.15% and 0.50% in “Invest” and “CFDs” accounts, respectively)

Which platform should you choose?

Consider various factors when selecting an online broker, including fees, regulatory compliance with top-tier institutions like the Autorité des Marchés Financiers (AMF) in France, and the variety of tradable products. For example, not all platforms have a demo account, so assess these aspects to make an informed choice.

The best online broker in your specific case will depend on your profile, preference, and objectives. Explore the websites above and decide for yourself!

A reminder that the above should not be seen as investment advice and should be considered information only. Investors should do their own research and diligence about the best-suited services and opportunities for their risk, returns, and impact strategy.

FAQs

How to invest in stocks from France?

You can use one of the online brokers shown above: eToro, Interactive Brokers, Saxo Bank, DEGIRO, Scalable Capital, and Trading 212. Most US-based stock brokers are not available in France (like Robinhood, Vanguard, or TD Ameritrade).

What is a brokerage company?

It is an entity designed to be the middleman between you and the people you are trying to buy or sell a stock, ETF, crypto,… you name it!

Which broker is best in France?

There is no single answer. It depends on what you value most: fees, security, investment platform or any relevant feature.

What are the types of investments you can make with a brokerage account?

You can trade stocks, ETFs, Forex, Bonds, Futures and CFDs on stocks, ETFs, indices, cryptocurrencies, commodities.

What are the best rated Forex brokers in France?

Some well-regarded Forex brokers in France include eToro, Interactive Brokers, Saxo Markets and Trading 212. However, it’s essential to verify the latest reviews and rankings for the most up-to-date information on the best-rated brokers.

How to recognize a good broker?

A good broker is regulated by a reputable financial authority, offers a user-friendly platform, provides transparent fee structures, and has positive customer reviews. Additionally, a good broker aligns with your trading preferences and offers a variety of trading instruments and educational resources.

What are “pips” in trading?

“Pips” in trading refer to the smallest price movement in a currency pair. It stands for “percentage in point” and is typically the last decimal place in a price quote. Pips are crucial for measuring price changes, determining profit or loss, and expressing spread in the forex market.

Which broker in France has the lowest fees?

Brokers often adjust their fee structures, and new platforms emerge. It’s recommended to compare current fee schedules, taking into account trading commissions, spreads, and other costs. Always verify the latest fee information directly from the broker’s website or contact their customer support for the most accurate details.

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About the author
Franklin Silva
Co-Founder & Fintech Analyst

Franklin has three years of experience in Wealth Management as a Fund Research Analyst, has passed the CFA level II, and is the host of the "Edge Over Hedge" YouTube channel.

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