8 Lowest Spread Forex Broker in France 2024

A forex broker is a financial institution or firm that gives traders access to platforms for buying and selling various financial instruments, including currencies, commodities, indices, and more. Forex brokers act as intermediaries between retail traders and global financial markets. These brokers facilitate transactions electronically, offering platforms, tools, resources, and support to help traders navigate the forex market.

The spread is the difference between the bid price (sell) and the ask price (buy) of a currency pair. It’s a trading cost and is measured in pips. A lower spread in forex means a smaller difference between the bid and ask price, resulting in lower trading costs. It’s ideal for active traders, especially for scalpers. Many forex brokers offer low spreads and also provide advanced tools, fast execution speeds, and flexible leverage options to enhance the trading experience.

With numerous online forex brokers available, finding a reliable one with low spreads can be challenging. In this article, we’ve compiled a list of the best low-spread forex brokers in France. Our goal is to assist you in finding trustworthy brokers that align with your trading objectives while ensuring a smooth and efficient low-cost trading experience.

A list of Top 8 Low Spread Forex Brokers in France

• BlackBull Markets:  From 0.1 pip to 0.8 pip
• ThinkMarkets: From 0.4 to 0.6 Pip 
• ActivTrades: Starting From 0.5 Pip 
• HotForex: Starting from 0.6 pip on the Pro Account 
• XM: Starting from 0.6 Pip 
• FBS: Starting from 0.7 Pip 
• IC Markets: Starting From 0.8 Pip 
• Pepperstone: Starting From 1 Pip 

Best Low Spread Forex Brokers in France ( Compared and Reviewed)

Can I trust these low-spread forex brokers in France?

Yes, you can trust these low-spread brokers in France. Brokersway recommends brokers based on facts and findings. We evaluate brokers based on 170 data points grouped into 6 macro categories including regulations and security, fees, Trading experience, trading tools, customer support, and trading education. Multiple regulatory authorities regulate these brokers. So they are legit and trusted. Here are the regulations of these brokers

• BlackBull: Regulated by 2 Regulatory Authorities including FMA, FSA-S
• ThinkMarkets: Regulated by 10 Regulatory Authorities including ASIC, CySEC, FCA, FSA, FSC, NZFMA, DFSA, JFSA, FSCA, CIMA
• ActivTrades: Regulated by 5 Regulatory Authorities including SCB, FCA, CMVM, BACEN, and CVM
• HFM (HF Markets): Regulated by 6 Regulatory Authorities including FCA, DFSA, FSCA, FSA in Seychelles, CMA, CySEC
• XM: Regulated by 5 Regulatory Authorities including ASIC, CySEC, DFSA, FSCA, and FSC in Belize (Global)
• FBS: Regulated by 3 Regulatory Authorities including Cysec, ASIC, FSC-Belize
• IC Markets: Regulated by 3 Regulatory Authorities including FCA, CySEC, and ASIC
• Pepperstone: Regulated by 7 regulatory authorities including FCA, ASIC, CySEC, BaFin, DFSA, CMA, and SCB

How Did We Choose the Best Low-Spread Forex Brokers in France?

To find the best forex brokers that offer low spread in France, we follow the procedures below.

Research

To choose the best low-spread forex brokers in France, we conducted extensive research, focusing on the spreads, features, services, and regulations associated with each broker. We analyzed market trends, broker offerings, and user feedback to understand what traders value most. This comprehensive approach allowed us to build a solid foundation for our evaluations.

Data Collection

We gathered data from various reliable sources, including official regulatory bodies, broker websites, and reputable financial news platforms. This data encompassed key metrics such as trading fees (spreads, commissions),  available assets, leverage options, and client support services. Additionally, we considered user reviews and testimonials to gauge trader satisfaction and experiences.

Verification

After collecting data, we verified the information to ensure accuracy and reliability. This step involved cross-referencing details from multiple sources, including regulatory websites and independent reviews. By ensuring that our data is accurate, we aim to present an honest assessment of each broker’s strengths and weaknesses.

Live Testing

We conducted live testing of the shortlisted brokers to provide a real-world perspective. This involved opening demo accounts and executing trades to evaluate the trading platforms, order execution speed, and customer service responsiveness. Our live testing process allowed us to assess each broker’s performance under actual market conditions, providing valuable insights into their functionality.

Scoring

Finally, we scored each broker based on a set of criteria, including regulatory compliance, trading costs, platform usability, available trading instruments, customer support, and overall user experience. Each category was assigned a specific weight, reflecting its importance in the trading process. The scores helped us rank the brokers, ensuring that our recommendations align with the needs and preferences of traders who want to trade with low-cost or low-spread forex brokers in France. 

What is a Forex Broker?

A forex broker refers to a financial services provider that facilitates access to the forex market, enabling traders to engage in the buying and selling of currency pairs. These brokers act as intermediaries, connecting traders to liquidity providers and offering platforms for seamless trade execution, real-time market analysis, and order management. Operating within global forex market hours, brokers ensure clients can trade continuously during weekdays.

In addition to currency trading, forex brokers typically offer CFDs on a variety of financial instruments, such as commodities, indices, stocks, and cryptocurrencies. These instruments allow traders to speculate on price movements without owning the underlying assets. Brokers often enhance the trading experience by providing leverage, analytical tools, and educational resources to support traders in developing effective strategies and navigating the complexities of financial markets.

What is Spread in Forex Trading?

The spread refers to the difference between the bid price (the price at which you can sell) and the ask price (the price at which you can buy) in forex trading. It represents the cost of initiating a trade and is typically measured in pips. For example, if the bid price of EUR/USD is 1.1050 and the ask price is 1.1052, the spread is 2 pips.

Spreads can be fixed or variable. Fixed spreads remain constant regardless of market conditions, while variable spreads fluctuate based on factors like market volatility, liquidity, and trading sessions. Brokers often offer lower spreads on major currency pairs like EUR/USD due to high liquidity, making them ideal for traders seeking cost-efficient trades. Understanding spreads helps traders optimize their strategies, especially for high-frequency trading approaches such as scalping and day trading, where minimizing costs is essential for profitability.

Frequently Asked Questions (FAQ)

Which Forex Brokers Have the Lowest Spread in France?

There are several forex brokers that offer low spread in France. These brokers include: 

•  BlackBull Markets:  From 0.1 pip to 0.8 pip
• ThinkMarkets: From 0.4 to 0.6 Pip 
• ActivTrades: Starting From 0.5 Pip 
• IC Markets: Starting From 0.8 Pip 
• Pepperstone: Starting From 1 Pip 

These brokers are ideal for traders looking for cost-efficient trading, especially scalpers and day traders. Always compare account types, trading conditions, and commission fees to choose the best broker for your strategy.

What is the cheapest Forex Broker in France?

The cheapest forex brokers are those that offer low spreads and minimal commissions. Here is the list of the cheapest Forex brokers in France : 

•  BlackBull Markets:  From 0.1 pip to 0.8 pip
• ThinkMarkets: From 0.4 to 0.6 Pip 
• ActivTrades: Starting From 0.5 Pip 
• IC Markets: Starting From 0.8 Pip 
• Pepperstone: Starting From 1 Pip 

Is there any Zero Spread Forex Broker in France?

Yes, there are zero spread accounts in France. Usually, ECN accounts are zero-spread accounts. These accounts provide direct access to the interbank market, offering raw spreads that can be as low as 0.0 pips during normal market conditions. Instead of spreads, brokers charge a commission per lot traded, making ECN accounts a cost-efficient choice for scalpers and high-volume traders.

The best forex brokers that offer zero spread accounts include, Pepperstone, FP Markets, IC Markets, Blackbull Markets, and Exness 

Can You Negotiate Spreads with a Forex Broker in France?

Yes, you can negotiate spreads with your forex broker in France, especially if you’re a high-volume trader or have a premium account. Brokers may offer tighter spreads to retain valuable clients, match competitors’ offers, or reward loyalty. The factors influencing negotiation include trading volume, account type, and the broker’s flexibility. To succeed, highlight your value as a client, compare competitors’ spreads, and approach negotiations professionally. If spreads cannot be lowered, consider requesting discounts or rebates to reduce trading costs effectively.

Final Verdict:

If you are a trader in France looking for low-spread forex brokers, you can choose a broker that offers competitive spreads, reliable execution, and top-tier regulation. We have thoroughly reviewed and compared the best brokers offering low spreads in France, focusing on those with excellent trading conditions and solid customer support. Here are the top low-spread brokers in France:

• BlackBull Markets: Best overall for low spreads, offering spreads starting from 0.1 pip, providing an excellent trading environment for cost-conscious traders.
• ThinkMarkets: Known for its ultra-low spreads, ThinkMarkets offers spreads ranging from 0.4 to 0.6 pip, ideal for traders looking for tight pricing.
• ActivTrades: Starting from 0.5 pip, ActivTrades provides excellent spreads and is trusted by EU traders for its reliable service and FCA regulation.
• HotForex: Offering spreads starting from 0.6 pip on the Pro Account, HotForex provides great value for traders seeking low-cost execution.
• XM: Spreads starting from 0.6 pip, XM is a popular choice for traders who want low spreads and added bonuses on deposits.
• FBS: Known for spreads starting from 0.7 pip, FBS is a reliable choice for traders looking for low-cost trading and high leverage.
• IC Markets: Offering spreads from 0.8 pip, IC Markets provides low spreads and deep liquidity, making it suitable for active forex traders.
• Pepperstone: Starting from 1 pip, Pepperstone remains a strong contender, offering low spreads and regulation by top-tier authorities like ASIC and FCA.

These brokers are well-regulated and offer excellent trading conditions, with competitive low spreads ideal for traders in France. Select a broker based on your specific trading preferences and start your forex journey with confidence.

Our Methodology:

Our team developed over 170 data points grouped into 6 macro areas for assessing the performance of forex brokers. They are as follows:

• Regulation and Security
• Fees and Commissions
• Trading
• Trading tools
• Customer Support
• Trading Education

Our team collated information from various sources and verified them before assessment and rating. We tested the services offered by the brokers using various devices, software, and strategies. Final fact-checking, evaluation, and editing were done and the best brokers were selected. To find out more, read our methodology.