| Updated: August 7, 2024Europe represents one of the prominent markets in the crypto scene and France is one of the contributors to the growing crypto trading sector. French traders might be wondering which platforms will offer the best crypto trading experience. That is why, our team of trading experts has prepared a detailed list of some of the best brokers and crypto exchanges that cater to the needs of French crypto investors.
Fusion Markets74-89% of retail CFD accounts lose money
FP Markets73.85% of retail investor accounts lose money
IC Markets70.64% of retail investor accounts lose money
Pepperstone75.5% of retail investor accounts lose money
Global Prime74-89% of retail CFD accounts lose money
eToro51% of retail investor accounts lose money
AxiThe vast majority of retail client accounts lose money
IG70% of retail client accounts lose money
XTB80% of retail investor accounts lose money
Tickmill70% of retail investor accounts lose moneyFrance Crypto Brokers Ranked by Trustpilot Score
| Forex Broker | Trustpilot Reviews | |
|---|---|---|
| 1. Fusion Markets | 1,662 | 4.9 ⭐ |
| 2. FP Markets | 6,706 | 4.8 ⭐ |
| 3. IC Markets | 37,770 | 4.7 ⭐ |
| 4. Pepperstone | 2,533 | 4.4 ⭐ |
| 5. Global Prime | 142 | 4.4 ⭐ |
| 6. eToro | 24,180 | 4.2 ⭐ |
| 7. Axi | 1,717 | 4.0 ⭐ |
| 8. IG | 6,964 | 3.6 ⭐ |
| 9. XTB | 1,168 | 3.6 ⭐ |
| 10. Tickmill | 541 | 3.0 ⭐ |
France Crypto Brokers Spreads
| Broker | BTCUSD | ETHUSD | SOLUSD | ADAUSD |
|---|---|---|---|---|
| 1. IC Markets | 8.71 | 4.56 | 0.10 | 0.001 |
| 2. FP Markets | 1.27 | 2.7 | 0.2 | 0.0031 |
| 3. Fusion Markets | 10.63 | 2.59 | 0.143 | 0.0 |
| 4. Pepperstone | 17 | 3 | 2.3 | 4 |
| 5. Global Prime | 64.3 | 6.61 | 0.35 | 0.29 |
| 6. eToro | 0.75% | 1% buy, 1% sell | 1% | 1% buy; 1% sell |
| 7. IG | 36 (min spread) | 1.2 (min spread) | 1.6 (min) | 1.4 (min) |
| 8. Axi | 18 | 2 | 0.1 | 0.015 |
| 9. XTB | 0.22% of market price | 0.25% of market price | 0.75% of market price | 0.45% of market price |
| 10. Tickmill | Minimum spread - 12 Typical spread - 24.9 | Minimum spread - 1.01 Typical spread - 2.06 | Minimum spread - 0.15 Typical spread - 0.15 | Minimum spread - 0.007 Typical spread - 0.02 |
Top 10 Crypto Brokers in France
- 1. IC Markets
Min. Deposit €200 Regulations CySEC, FSA, ASIC Tradable Coins 20+ Software MT4, MT5, cTrader, TradingView Crypto Leverage 200:1 (MT4/5), 5:1 (cTrader, TradingView) Fees BTC/USD – 2.210 pips min spread; No commission fees on crypto CFDs Exchange/Wallet No Deposit Methods Visa, Mastercard, PayPal, Neteller, Skrill, UnionPay, Wire Transfer, Bpay, Broker to Broker, POLI, Thai Internet Banking, Rapidpay, Klarna, Vietnamese Internet Banking Withdrawal Methods Visa, Mastercard, Bank Wire, PayPal, Neteller, Skrill French crypto investors have the opportunity to trade CFDs on a number of cryptocurrencies if they join the EU entity of IC Markets. Being one of the biggest broker names in the trading sector, IC Markets strives to offer some of the best trading conditions for its clients, with tight spreads being some of the alluring features of the broker.
To activate their accounts, traders must deposit at least €200, with French traders having several convenient payment options to choose from. Spreads on most crypto assets available at IC Markets tend to be rather tight, allowing traders to get the best value for their investments.
IC Markets allows its clients to take both short and long positions on crypto CFDs, enabling profit from any type of price fluctuation. What is more, French traders will be able to make use of leverage when trading crypto CFDs, with the allowed maximum for retail clients being 2:1.
Key Pros
- Offers CFD trading on more than 20 crypto assets
- Both retail and professional traders can use leverage
- Provides competitive spreads in crypto
- Offers negative balance protection to retail traders
- Supports various deposit methods
Key Cons
- Account minimum tends to be a tad higher
- Not all deposits methods can be used for withdrawals
- Help center covers very few questions
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.64% 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. - 2. FP Markets
Min. Deposit €50 (€100 Bank Transfer) Regulations ASIC, CySEC, FSCA, SFSA, Registered with St. Vincent & the Grenadines Tradable Coins 10+ Software MT4, MT5, TradingView, cTrader, WebTrader Crypto Leverage 50:1 Fees BTCUSD – 21.08 pips average spread Exchange/Wallet No Deposit Methods Visa, Mastercard, Bank Transfer, Neteller, Skrill, Asia Banks Unique Banking Solutions, SticPay, FasaPay, Virtual Pay, Rupee Payments UPI, Rapyd, Perfect Money, Pagsmile, LetKnow Pay, DragonPay, Rapid Transfer, Crypto Payments, MyBux, XPay, Apple Pay, Google Pay, Bank Transfer, B2Binpay, Thunderxpay, Plusdebit (Online Banking, P2P, QR Code, MOMO QR Code), QEIS, Coinspaid, Broker to Broker Withdrawal Methods Visa, Mastercard, Domestic Bank Wire (AUD), International Bank Wire, Neteller, Skrill, Fasapay, Dragonpay, Asia Banks Unique Banking Solutions, Perfect Money, LetKnow Pay, Finrax, Sticpay, Rupee Payments UPI, Rapid Transfer, Virtual Pay, xPay, Pagsmile, Mybux, Bank Transfer, Crypto, Local Bank Transfer (QR Code), Online Banking, PaymentsAsia QRIS and E-wallets FP Markets is known for being one of the most reliable brokerage companies for European traders, including those based in France. Operating thanks to licenses and official authorizations issued by top-tier regulators, FP Markets follows strict guidelines to ensure the best investor protection while also offering some of the best trading conditions.
With Forex and CFDs being the main trading forms available at FP Markets, crypto traders will have the opportunity to take both long and short positions on a dozen crypto CFDs. When it comes to the trading cost, FP Markets makes sure to offer some of the tightest spreads on crypto crosses. Combined with zero commissions charged on trades, the overall trading cost for crypto traders tends to be highly competitive.
FP Markets offers its French clients the option to use leverage when trading crypto CFDs. Under regulations that apply to EU residents, retail French traders can use leverage up to 2:1 when trading crypto CFDs.
Key Pros
- Tends to offer competitive spreads on multiple crypto assets
- Traders are not charged deposit or withdrawal fees
- Offers a wide range of trading platforms
- Regulated by top-tier industry regulators
- Offers advanced trading conditions to pro traders
Key Cons
- Some withdrawal options may incur fees
- Bank Transfers require higher deposit minimum
- Allows only CFD trading of crypto
10 per quarter for non-AU traders; 20 per quarter and notional volume of AU$1,000,000 per 4 quarters in the last 1 year 73.85% of retail CFD accounts lose money Min. Deposit €50 Regulations ASIC, VFSC, SFSA Tradable Coins 13 Software MT4, MT5, TradingView, cTrader, DupliTrade, Fusion+, MAM/PAM Crypto Leverage 10:1 Fees BTC/USD – 10.63 min spread; Bitcoin trading fee – 0.06%; no commission fees on crypto CFDs Exchange/Wallet No Deposit Methods Debit Cards, Credit Cards, PayPal, Skrill, Neteller, Fasapay, Jeton Wallet, Perfect Money, Online Naira, Doku, Crypto Withdrawal Methods Bank Wire, Debit Cards, Credit Cards, Skrill, Neteller When it comes to offering the best trading conditions to crypto traders, Fusion Markets takes one of the top positions on our list. In its extensive list of tradable instruments, Fusion Markets has also added CFDs on cryptocurrencies, allowing French traders to speculate on the price movements of 13 digital assets.
Since Fusion Markets does not require a specific deposit to activate one’s trading account, French traders can start their crypto investments with as little funds as they feel comfortable trading. Meanwhile, the broker has imposed zero commission on crypto trades, including a small fee in the spreads that apply to crypto assets.
Conveniently enough, French crypto traders will have access to a wide range of payment methods, with every deposit option incurring no fees. However, traders should be aware that withdrawals via Skrill and Neteller may include some surcharges.
Key Pros
- French traders have access to various payment options, including depositing via crypto
- No minimum account requirement allows traders to choose how much to deposit
- Spreads across multiple crypto assets are competitively low
- Does not charge commission on CFD crypto trades
- Offers leverage on crypto trading to both retail and pro traders
Key Cons
- Withdrawals via e-wallets incur fees
- Could extend the list of supported digital assets
- Does not offer other form of crypto trading other than CFDs
Gleneagle Asset Management Limited (ABN 29 103 162 278) trading as Fusion Markets, is the issuer of the Fusion Markets Products described in this communication. Trading in Fusion Markets Products involves the potential for profit as well as the risk of loss which may vastly exceed the amount of your initial deposit and is not suitable for all investors. You should read all of these Financial Product Service Terms, the Product Disclosure Statement (PDS) and the Financial Services Guide (available on our website) carefully, consider your own financial situation, needs and objectives for investing in these Fusion Markets Products and obtain independent financial advice.- 4. Pepperstone
Minimum Deposit €0 Regulation ASIC, FCA, CySEC, DFSA, CMA, SCB, BaFin Tradable Coins 21 (BTC, ETH, LTC, UNI, BNB, XLM, XRP, ADA, and more) Software MT4, MT5, cTrader, TradingView Crypto Leverage 2:1 for Australian retail traders Fees Spread: 17 pips for BTC/USD, 2.5 pips for LTC/USD, and 45 pips for the Crypto10 Index Exchange/Wallet Service No Deposit Methods BPAY, Visa, Mastercard, PayPal, Bank Transfer, Skrill, Neteller Withdrawal Methods Visa, Mastercard, Neteller, PayPal, Bank Transfer, Skrill, BPAY Pepperstone is often picked as a top provider when it comes to competitive spreads. The broker hosts a selection of tradable instruments, including CFDs on popular cryptocurrencies. The great news is that the broker has made sure that most crypto investors will find a suitable asset to trade but there is also the option to trade multiple digital assets at once thanks to indices like Crypto 10, Crypto 20, and Crypto 30.
When comparing crypto spreads across multiple brokers catering to French traders, we have noticed that Pepperstone offers some of the tightest spreads on multiple crypto crosses. Combine that with no commission charged on crypto CFD trades and you will enjoy some of the best trading conditions you can come across online.
Pepperstone clients can take both long and short positions on their crypto trades, allowing them to gain funds from any price fluctuation. Meanwhile, the broker also allows its customers to make use of leverage while trading crypto, with the maximum leverage allowed to retail traders capped at 2:1.
Key Pros
- Reputable broker regulated by top-tier authorities
- Offers CFDs on crypto crosses and crypto indices
- Provides tight spreads on a range of crypto assets
- Leverage on crypto CFDs is available to both retail and professional French traders
- Offers crypto crosses of cryptos against various popular fiat currencies
Key Cons
- Offers only CFD crypto trading
- While covering a range of crypto crosses, the broker covers fewer cryptocurrencies
- Razor account perks do not apply to crypto CFD trades
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.5% 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. - 5. Global Prime
Min. Deposit €0 Regulations ASIC, VFSC Tradable Coins 35+ Software MT4, MT5, TradingVIew, cTrader Crypto Leverage 5:1 Fees Bitcoin Trading Fees – 0.1%, BTCUSD – 358.30 average spread, 0.1% commission Exchange/Wallet No Deposit Methods Visa, MasterCard, Crypto, PayPal, Neteller, Skrill, Gates, DragonPay, VNPay, FasaPay, QR Code, Pagsmile, Bpay, POLi, Bank Wire, AstroPay, Interac, PayID, Jeton, Mifinity, XPay Withdrawal Methods Mastercard, Visa, Local Bank Transfer, Bank Wire Transfer, Crypto, Neteller, Skrill, PayPal, Astropay, Dragonpay, Jeton, Interac, MIFinity, Gate8, VNPay, XPay As the name of this broker suggests, Global Prime is a wonderful brokerage platform for traders across the globe. French crypto traders may also join this broker and choose from more than 30 cryptocurrencies to trade. While traders cannot participate in spot trading, they can speculate on the price of various crypto crosses, allowing them to take both long and short positions on crypto CFDs.
French traders can start their journey with whatever balance they feel comfortable with as there is no account minimum requirement to meet. As for the available payment solutions, French investors will be able to pick from a list of secure banking methods that will incur zero transaction fees.
While Global Prime does charge a trading fee on crypto trades, the rate of this type of surcharge is often lower compared to fees imposed by major exchange platforms. Global Prime allows its customers the option to make use of leverage when trading crypto CFDs, with the maximum ratio available to retail traders being 2:1. That said, those who qualify for professional trading accounts may be able to increase the crypto leverage up to 10:1.
Key Pros
- No account minimum requirement
- French traders can choose from various payment options
- All deposit options incur no fees
- Offers CFDs on a wide range of crypto crosses
- Offer demo account suitable for beginners
Key Cons
- Crypto trading available only through CFDs
- Offers a limited number of trading platforms
- Charges a trading fee on crypto trades
Global Prime is a trading name of FMGP Trading Group Pty Ltd (ABN 74 146 086 017) and is regulated by ASIC and licensed to carry on a financial services business in Australia under Australian Financial Services License No. 385620. Gleneagle Securities Pty Limited trading as Global Prime FX, is a registered Vanuatu company (Company Number 40256) and is regulated by the VFSC. The website is owned and operated by FMGP Trading Group Pty Ltd, ABN 74 146 086 017. - 6. eToro
Minimum Deposit €/$100 for first-time deposits; €/$50 for subsequent deposits Regulation ASIC, FCA, DFSA, AMF, CySEC, SEC, FSRA, GFSC, MFSA, FSA (Seychelles), DNB Tradable Coins Bitcoin, Ethererum, Bitcoin Cash, XRP, Dash, Litecoin, Ethereum Classic, API3, Cronos, Skale Network, IoTex, Immutable X, Cardano, IOTA, Stellar, EOS, NEO, TRON, ZCash, Build and BuiTezos, Polkadot, Maker, Compound, Chainlink, Uniswap, Yearn. finance, Dogecoin, Aave, Filecoin, Algorand, Cosmos, Decentraland, ApeCoin, Loopring, Enjin, Biconomy, Basic Attention Token, Bancor, Origin Protocol, Polygon, Flare, Gala V2, My Neighbor Alice, Chiliz, Hedera Hashgraph, dYdX, Solana, Theta Software OpenBook (social trading platform), WebTrader (proprietary platform) Crypto Leverage Up to 2:1 (European and Australian Retail traders) Up to 5:1 (Pro and FSA traders) Fees Free (performance fees may apply) Exchange/Wallet Service Yes (wallet unavailable in the Netherlands) Deposit Methods eToro Money, Visa, Mastercard, Neteller, PayPal, Skrill, iDeal, KlarBank Transfer, Trustly, Przelewy24 Withdrawal Methods PayPal, Skrill, Visa, Mastercard, Neteller, Trustly, Bank Transfer French crypto traders have the opportunity to engage in different forms of crypto trading with a single broker when they open an account with eToro. Operating since 2007, this broker specializes in offering trading services, covering a vast variety of tradable markets, including cryptocurrencies. In addition to CFD trading, eToro allows French investors to buy and sell crypto coins directly on eToro’s dedicated exchange platform.
When it comes to diversity, eToro outshines many of its competitors, offering more than 100 cryptocurrencies to trade. As for the trading fees that apply to your crypto trades, eToro will charge a 1% fee on opening and closing CFD crypto positions. The trading fee that applies to your buy and sell orders on the exchange platform is also 1%.
Unfortunately, while eToro does offer a digital crypto wallet that allows traders to store their digital assets, French traders do not have access to this instrument. However, the eToro platform allows easy transactions from your eToro account to the digital wallet of your choice.
Key Pros
- Offers both spot and CFD crypto trading
- Covers an extensive range of crypto assets
- Registered as DASP with AMF
- Offers crypto staking
- Allows copy trading with leverage
Key Cons
- French traders do not have access to eMoney Crypto Wallet
- Fees can be slightly higher compared to competitors
- French traders must allocate crypto assets to separate digital wallets
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% 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. - 7. IG
Min. Deposit €50 – card payments No minimum for bank transfers
Regulations FCA, BaFin, DFSA, FSCA, MAS, ASIC Tradable Coins 11 major cryptocurrencies, two crypto crosses, and a crypto index Software MetaTrader 4, ProRealTime, L2 Dealer Crypto Leverage 10:1 for professional traders Fees BTC min spreads – 38 Exchange/Wallet n/a Deposit Methods Bank cards, bank transfers, PayPal Withdrawal Methods Bank cards, bank transfers When picking suitable crypto brokers, we recommend French traders consider joining IG. This is one of the most experienced global trading service providers that caters to the needs of a wide range of investors. The European entity of IG also welcomes traders from France, allowing them to explore a vast variety of forex and CFD options.
Crypto CFDs are also among the tradable instruments available to French traders. What makes IG stand out from its competitors is the two different variants of CFD crypto trading it offers. Those who are interested in Bitcoin and Ether trading can try the Turbo24 trading platform that allows choosing a knock-out level when opening position. That way, traders can manage the risk, avoiding losing more than their initial investment.
Unfortunately, Turbo24 allows trading only Bitcoin and Ether, while the rest of the crypto assets can be traded on IG’s CFD trading platform. To reduce the trading cost, IG offers some of the tightest spreads on multiple crypto assets. What is more, with no commission attached to CFD crypto orders, the trading cost is further reduced, allowing traders a superb crypto trading experience.
Key Pros
- Crypto traders can choose between Turbo24 and CFD trading
- Offers both proprietary and third-party trading platforms
- Spreads on crypto tend to be competitive
- Does not charge commission on crypto CFD trades
- Offers top-notch customer support
Key Cons
- Turbo24 allows trading only Bitcoin and Ether
- While Turbo24 allows limiting losses, trading CFDs may lead to losses exceeding initial investment
- Could expand its crypto offerings
CFDs are complex instruments. 70% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money. - 8. Axi
Min. Deposit $0 Regulations ASIC, FCA, DFSA Tradable Coins 10 Software MT4, MT4 WebTrader, Axi Trading Platform Crypto Leverage 200:1 Fees BTCUSD – 25 pips; no commission
Exchange/Wallet No Deposit Methods Visa, Mastercard, Bank Transfer, POLi, FasaPay, Sofort, GiroPay, iDeal, Neteller, Crypto, Skrill, Boleto, Internet and Local Banking, AstroPay Withdrawal Methods Visa, Mastercard, Bank Transfer, Internet and Local Banking, Skrill, Neteller, Crypto, PayPal French traders who decide to join Axi are in for a great trading experience. Authorized to offer its services to EU traders, the broker provides a myriad of tradable instruments in the form of CFDs. Crypto traders are also among the people who can benefit from joining Axi as the broker supports 30 tradable crypto coins.
Crypto investors are allowed to take both short and long positions, which could mean a profitable outcome for either rising or falling crypto markets. Since Axi offers trading crypto as CFDs, you do not gain ownership over the underlying assets, meaning you do not need a digital wallet to invest in crypto.
One can open their Axi account with a very reasonable deposit, allowing any crypto trader to start investing with a very small amount. Spreads offered by Axi are extremely competitive, giving traders the chance to enjoy some of the best trading conditions online.
Key Pros
- Offers CFDs on a decent number of crypto assets
- Crypto market available 24/7
- Does not charge fee on deposits and withdrawals
- No commission on CFD crypto trades
- Offers tight spreads on crypto
Key Cons
- Pro account perks do not apply to CFD crypto trading
- Offers a limited selection of trading platforms
- Supports crypto trading only through CFDs
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading in CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. - 9. XTB
Min. Deposit $0 Regulations FCA, AMF, CySEC, FSC Belize, KNF Tradable Coins 40+ Software xStation (proprietary) Crypto Leverage 5:1; 2:1 Fees BTC/USD – 0.22% of market price, no commission fees on crypto CFDs Exchange/Wallet No Deposit Methods Bank Transfers, Credit Cards, Debit Cards, PayPal, Skrill, Neteller Withdrawal Methods Bank Transfers, Credit Cards, Debit Cards Yet another prominent broker on our list is XTB, which caters to traders across the globe. Trading enthusiasts who are based in France will also have the chance to join XTB’s European entity, which offers a wide range of tradable instruments. What is more, as the broker has been authorized by the AMF, it proves that XTB is one of the most reliable trading platforms for traders based in France.
Among the several markets covered by XTB, there is also crypto, allowing clients of the broker to trade crypto CFDs. This form of trading allows speculating on the price of a digital asset without gaining any ownership over the said cryptocurrency. That enables crypto trading without the need of a digital wallet for the custody of crypto assets.
The cost of trading crypto CFDs with XTB is extremely low, with competitive spreads available across multiple crypto instruments. What is more, placing an order will not incur any commission as the broker charges a small fee that is already built into the spread.
Key Pros
- Offers an extensive number of crypto CFDs
- Spreads are competitively tight
- Authorized by the AMF
- French traders can resort to various deposit methods
Key Cons
- Withdrawals can be done only via bank transfers
- XTB Social not available to French traders
- Does not offer third-party trading platforms
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% 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. - 10. Tickmill
Min. Deposit $100 Regulations FSA, FCA, DFSA, CySEC, FSCA, Tradable Coins 9 Software MT5, MT4, WebTrader Crypto Leverage 10:1 for professional traders Fees BTCUSD Minimum spread – 12
Typical spread – 24.9
Exchange/Wallet n/a Deposit Methods Bank transfers, crypto payments, bank cards, Skrill, Neteller, Sticpay, FasaPay, UnionPay, WebMoney Withdrawal Methods Bank transfers, crypto payments, bank cards, Skrill, Neteller, Sticpay, FasaPay, UnionPay, WebMoney Tickmill is another reputable broker we can recommend to French crypto traders. Regulated by top-tier authorities, this trading service provider makes sure to offer the best trading conditions to all of its clients. The brand allows traders to diversify their portfolios by investing in various markets, including cryptocurrencies.
You will be able to speculate on the price movements of nine cryptocurrencies against popular fiat currencies. Since traders can go both long and short, profiting is possible on any price fluctuation. Tickmill has a €100 account minimum, which is a reasonable lower limit for any type of crypto trader.
Spreads tend to be very competitive, offering investors a bargain for their trades. What is more, the broker does not apply any commission on CFD crypto trades, making the overall trading cost extremely affordable.
Key Pros
- Supports several popular trading platforms
- Does not charge commission on CFD crypto orders
- Offers a wide range of tools suitable for trading beginners
- Spreads on multiple crypto assets are rather tight
- French traders can resort to multiple payment options
Key Cons
- Offers CFD trading on a limited number of crypto assets
- Raw account does not offer tighter spreads on crypto CFDs
- Client support not available on weekends
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with Tickmill Europe Ltd. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Crypto Exchanges in France
Crypto Exchanges Trading Fees
| Exchange | Maker/Taker Fees | Staking | Deposits Fees | Withdrawal Fees |
|---|---|---|---|---|
| 1. Crypto.com | Spot & Margin: from 0.1500%/0.3000% to 0%/0.0500% (depends on tier) |
| No fees | No fees |
| 2. Binance | Spot & Margin: from 0.1000% / 0.1000% to 0.0120% / 0.0240% (depends on tier); Futures: from 0.0200%/0.0500% to 0.0000%/0.0170% (depends on tier) | 2.94% (ETH) 0.3%~5.6% (SOL Simple Earn) 2.7%~3.88% (USDT Simple Earn); N/A in Australia | 2% for buying crypto with AUD; 2% (Bank Cards); €1 (SEPA Transfer) | Free; €1 (SEPA Transfer) |
| 3. Coinbase | Taker fee between 0.05% and 0.60% depending on monthly traded volume; Maker fee between 0% and 0.40% depending on monthly traded volume |
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Crypto.com
Starting your crypto trading journey at Crypto.com is one of the best decisions you can make. Licensed by a number of reputable authorities, Crypto.com has also registered as DASP with the AMF, ensuring it follows all guidelines for a secure and fair trading experience for French crypto investors.
By downloading the Crypto.com app, French traders will be able to buy and sell more than 350 cryptocurrencies, and the app also serves as a custodial wallet where one can keep their crypto assets. Meanwhile, Crypto.com also offers a non-custodial DeFi wallet to its French clients.
Crypto.com strives to offer competitively tight spreads on numerous crypto assets, with maker and taker fees also being extremely affordable. It should be noted that due to regulatory restrictions, French traders will be able to engage only in spot trading but they will be able to earn additional profit through staking a range of crypto coins.
| Crypto.com Exchange Details | |
|---|---|
| Min Deposit | €1 |
| Regulations | AMF, FCA, CySEC, FSA (Malta), MAS, CBI, VARA (Dubai), DNB, South Korea, AUSTRAC/ASIC, Bank of Spain, OAM, HCMC, CIMA, CFTC, Ontario Securities Commission, Canada Securities Administrators |
| Tradable Coins | 350+ |
| Crypto Trading | Spot trading |
| Crypto Leverage | Not available to French traders |
| Maker/Taker Fees | 0.1500%/0.3000% (Level 1) 0%/0.0500% (Level 7) |
| Crypto Wallet | Custodial (Crypto.com App), Non-Custodial De-Fi Wallet |
| Deposit Methods | Visa, Mastercard (Crypto.com Visa Card deposits), SEPA Bank Transfer |
| Withdrawal Methods | SEPA Bank Transfer |
Key Pros
- French traders can trade more than 350 cryptocurrencies on the Crypto.com app
- French users are eligible for Crypto.com Visa Card
- Deposits and withdrawals incur no fees
- Offers both custodial and non-custodial wallets
- Offers staking on various cryptocurrencies
Key Cons
- French traders have limited fiat payment options available
- Bank cards can be used only for Crypto.com Visa Card top-ups
- French traders have no access to margin trading
- Futures and other derivatives not available to French traders
Binance
In 2022, Binance was one of the first crypto exchange platforms to obtain a DASP Registration license from the AML, choosing the regulator as its main authorization for operating in Europe. Offering a secure and fair trading experience to French traders, this exchange also makes sure that any trader will find the best products to trade, with a myriad of crypto coins available at the exchange.
You will be able to trade a variety of cryptocurrencies, with competitively low trading fees applied on buy and sell orders. The good news is that traders who own Binance’s own crypto coin are eligible to reduce maker and taker fees further. Meanwhile, traders who accumulate higher trading volumes in a 30-day period can also enjoy lower trading fees, with some VIP traders enjoying no maker fees on their sell orders.
French traders are able to store their crypto assets in Binance’s custodial digital wallet, allowing easy storing of crypto coins and seamless transactions to and from other crypto wallets. Meanwhile, purchasing crypto or depositing into your account via a fiat method is easy and incurs insignificantly low fees.
| Binance Exchange Details | |
|---|---|
| Min Deposit | 0.00000001 BTC, $10 min. tradable amount in crypto |
| Regulations | AMF (France), OAM (Italy), FIU (Lithuania), BoS (Spain), FSA (Sweden), AIFC (Kazakhstan), FSRA (Abu Dhabi), CBB (Bahrain), VARA (Dubai), AUSTRAC (Australia), JFSA (Japan), BAPPEBTI (Indonesia), FMA (New Zealand), SEC (Thailand), SFCA (South Africa), SAT (Mexico), CNAD (El Salvador) |
| Tradable Coins | 500+ |
| Crypto Trading | Spot/Margin, Futures, P2P |
| Crypto Leverage | Up to 125:1 on crypto futures |
| Maker/Taker Fees | Spot & Margin: from 0.1000% / 0.1000% to 0.0120% / 0.0240% (depends on tier); Futures: from 0.0200%/0.0500% to 0.0000%/0.0170% (depends on tier) |
| Crypto Wallet | Yes (Self-Custody) |
| Deposit Methods | Visa, Mastercard, Zen, Wello, Bank Transfer |
| Withdrawal Methods | Visa, Mastercard, Zen, Wello, Bank Transfer |
Key Pros
- Exchange authorized to operate in multiple jurisdictions
- Compliant with latest MiCA regulations
- A wide range of listed crypto assets
- BNB holders can enjoy exclusive benefits
- Offers staking on various cryptocurrencies
Key Cons
- Futures and other derivatives not available to French traders
- Some stablecoins are not offered to French traders
- Some third-party fiat payment solutions are not available to French traders
Coinbase
Another great exchange platform catering to French crypto investors is Coinbase. Licensed as a DASP by the AMF, Coinbase follows strict regulations for safe trading conditions. The company offers seamless buy and sell orders for retail and advanced traders, covering more than 260 digital assets.
While derivatives are not available to customers based in France, spot trading is seamless and offers traders some of the tightest spreads on a wide range of cryptocurrencies. Maker and taker fees are competitively low, and those who are used to trading larger amounts each month have the opportunity to advance in the Coinbase VIP scheme and reduce trading fees.
It is also worth investing in Coinbase’s dedicated crypto coin Cronos (CRO) as it unlocks various exclusive perks to members of the exchange. Investing in other cryptocurrencies through staking can also be very profitable, allowing traders to accumulate yield on a number of crypto assets.
| Coinbase Exchange Details | |
|---|---|
| Min Deposit | $50; A$2 |
| Regulations | CFTC (US), FCA (UK), Licensed in almost all states in the US |
| Tradable Coins | 260+ |
| Crypto Trading | Futures, Spot Trading |
| Crypto Leverage | Up to 10:1 |
| Maker/Taker Fees | Taker fee between 0.05% and 0.60% depending on monthly traded volume; Maker fee between 0% and 0.40% depending on monthly traded volume |
| Crypto Wallet | Yes (Self-Custody) |
| Deposit Methods | SEPA Transfer, Bank Cards (direct purchase only), PayPal (direct purchase only), Apple Pay (direct purchase only), GPay (direct purchase only) |
| Withdrawal Methods | SEPA Transfer, PayPal, Bank Cards |
Key Pros
- Offers a wide selection of listed cryptocurrencies
- Exclusive benefits for CRO holders
- VIP traders can reduce maker fees to 0%
- Offers staking of multiple crypto currencies
- Withdrawals incur no fees
Key Cons
- Some fiat payments may incur fees
- French traders will have access to limited trading products
- Many exclusive perks are available only to traders who have paid for a Coinbase One membership
Legal Status of Cryptocurrency Trading in France
As a prominent European country, France often sets an example for other European countries to follow. When it comes to cryptocurrencies, the EU member has taken a rather firm stance on the issue, with crypto trading deemed legal but also requiring a set of regulatory measures to be taken when entities wish to offer crypto services to French investors.
The main piece of legislation dictating the regulatory framework of crypto trading in France is the Law on Growth and Transformation of the Enterprise (PACTE). This law governs initial coin offerings (ICOs), digital assets, and entities offering digital asset services, also known as DASPs. The current legal framework stipulating the regulations of the crypto sector in France is based on the following legal texts:
- The Monetary and Financial Code (Articles L54-10-1 through L54-10-5 and Articles L561-1 through L564-2)
- Book VII of the General Regulations of the AMF
To be eligible to offer crypto trading services to French traders, brokers and exchanges are required to be registered as DASPs, locally known as PSAN (Prestataire de Services en Actifs Numériques) with the Autorité des marchés financiers (AMF). DASP authorization is required if a company wants to offer one or more of the following services in France:
- Storing digital assets on behalf of third parties
- Buying and selling digital assets using a legal currency
- Exchange between different digital assets
- Operation of a digital asset trading platform
Under PACTE, any entities offering the aforementioned services without the proper authorization are considered to be operating illegally and can face a financial penalty of €30,000 and two years of imprisonment.
On April 20, 2023, the EU approved the Markets in Crypto-Assets Regulation (MiCA), which dictates a brand new regulatory framework for all members of the EU as well as other jurisdictions in Europe. MiCA’s goal is to provide a unified regulation for the crypto asset market across the EU. While MiCA is expected to be fully implemented by the end of 2024 or the beginning of 2025, by the end of June 2024, exchanges operating in the EU removed copy trading and some stable coins from their tradable offerings. This was a result of the first regulations that came into force after MiCA was approved by the EU.
If you are a French crypto trader, it is important to stay informed about the latest regulatory changes within the EU as they directly affect the crypt trading industry in France. That said, as the country has already introduced a legal framework for the regulation of crypto trading, AMF-regulated entities will most likely simply add a few MiCA requirements to the list of conditions they need to meet in order to offer crypto services in France.
What Forms of Crypto Trading Are Legal in France?
If you are interested in trading cryptocurrencies as a trader based in France, you may have access to several trading forms that are legal and regulated in the country. Spot trading is probably the most straightforward form of crypto trading, allowing traders to buy and sell crypto assets and actually gain ownership over the asset they are trading. Spot trading is typically offered by crypto exchanges that have been registered as DAPs with the AMF. However, some crypto brokers have also been authorized to offer this form of crypto trading to their French clients.
Derivative crypto assets are also available to French traders as French law considers derivatives as financial contracts as they are separated from the underlying crypto asset. Contracts like future, option, and swap all fall under the category of financial contracts. Cash-settled derivatives with crypto coins as the underlying asset are also considered to be financial contracts. Therefore, the same French regulations that apply to the distribution of financial instruments also apply to crypto derivatives traded in France.
In compliance with the financial instrument regulations in France, CFD crypto trading is also allowed in France. That is why brokers licensed by the AMF will most likely offer their French clients the option to speculate on the price fluctuations of various cryptocurrencies, allowing them to trade CFDs without actually gaining ownership over the underlying crypto asset.
While crypto CFDs are available to French traders, however, perpetual futures and margin trading cannot fall under the categories of derivatives regulated by French laws. To be able to offer derivatives, including those with cryptocurrencies as underlying assets, entities are required to obtain an Investment Service Provider (ISP) license in addition to the DASP authorization that most exchanges hold. That is why crypto exchanges operating in France have limited their list offerings to spot trading, allowing traders to simply buy and sell cryptocurrencies.
Who Regulates Crypto Trading in France
France is known to be one of the European countries that have introduced stringent crypto regulations, ensuring a safer trading environment for French crypto traders. As already mentioned, in order to be eligible to offer crypto asset services to French traders, companies are required to be registered as DASPs with the AMF – an independent regulatory body operating under the governance of the Minister of Economy and Finance.
One of the great perks of the DASP authorization issued by AMF is that it allows companies to offer investment in third-party funds (including crypto assets) without obtaining an investing license. That is probably one of the reasons why as of May 2024, the number of DASPs registered with AMF amounted to 111. Currently, only one DASP certificate has been issued to the major French bank Société Générale.
To obtain a DASP certificate, entities need to meet higher requirements when it comes to liquidity, personnel, and application documents. The reason why companies might like to apply for a DASP certificate is that this type of authorization allows companies to provide the same set of financial services as DASP license holders but also adds the perk of offering crypto investment services.
To obtain a DASP license, entities are required to meet certain criteria. Meanwhile, those who are approved need to keep in mind a few key features of the DASP approval in France. Below, you can see the key features of the DASP license:
- Entities are required to prove a minimum share capital of at least €50,000
- Companies need to employ at least one manager before applying for a DASP license
- The average crypto license application fee amounts to €23,500
- DASP license holders are subjects to capital gains tax (CGT) of 30%
- DASP license holder are subjects to corporate income tax (CIT) of 25%
- There is no value added tax (VAT) for transactions with digital assets
Common Costs Associated with Crypto Trading in France
Whether they trade crypto with a broker or an exchange platform, French traders should always keep in mind they will be charged a certain amount in the form of fees related to the service they are using. While the rates of trading fees may differ depending on the crypto platform that has been chosen, the type of surcharges that apply to crypto trades in France is somewhat similar across all entities authorized to offer crypto trading in the European country.
When trading crypto CFDs, French investors might be charged a small commission on the opening and closing of a position. However, most brokers choose to charge no commission and instead include a small surcharge in the spread of the crypto cross that is being traded. The spread represents the difference between the bid and ask price of the underlying asset, and it is usually the only fee paid by CFD crypto traders in France.
While there are no other trading fees charged by brokers, it should be noted that some companies may incur additional expenses. As traders tend to utilize different strategies, some may decide to keep their positions open overnight. This will most likely incur an additional trading surcharge, often known as an overnight fee. The rate of this type of fee depends on the broker’s policies, the amount you are trading, and other market conditions that may affect the size of the overnight fee.
Some brokers may also charge a dormancy fee when you have not been active in any way for several consecutive months. Make sure to do your research on any additional surcharges you may pay while using the services of the broker of your choice.
As for trading crypto with an exchange platform, you will also pay a fee whenever placing your orders. These are known as maker and taker fees, charged on either selling or buying a crypto asset. Each exchange has set its own maker/taker fee rates but the majority of similar entities allow their clients to reduce these fees by investing bigger amounts into crypto. The higher your monthly trading volume gets, the further you can advance in the VIP scheme of an exchange, which will reduce the maker/taker fees you are charged for your trades.
Payments are also a key element of your crypto trading experience and you should pay attention to any fees that may be imposed on your deposits and withdrawals. While brokers tend to charge no fees on deposits and withdrawals, it is possible that some payment methods may incur some surcharges. The same applies to exchange platforms, as not all deposit and withdrawal methods may incur additional charges. However, since you may instantly purchase crypto via a fiat method, you will most likely pay a certain fee for this type of service. The rates of those charges, however, may differ depending on the method you are using, the volume of the purchase as well as other market conditions.
Are Profits from Crypto Trading Taxed in France
French traders interested in investing in crypto should be aware of the taxation laws implemented by the government as of January 1, 2019. Under French law, individuals participating in crypto trading and gaining profit from the sale of crypto assets must pay a CGT of 30%. To calculate the capital gain amount that is subject to a CGT, you need to consider the entire amount of your digital asset portfolio rather than subtracting the purchase price from the sale price of a single digital asset. Traders are required to declare their capital gains annually when filing their income tax returns. In addition, French taxpayers must declare any digital asset accounts they hold with offshore trading providers.
How to Pick Quality Crypto Brokers for France
Choosing the most suitable trading provider catering to French crypto traders is not that complicated. As long as you know the key factors that will make your experience better, you will be able to differentiate between good and less suitable crypto brokers. Below, we will provide a few criteria to look for when choosing the best crypto broker for French traders.
Regulation is a key factor as France is known to be one of the EU countries that implements strict crypto regulatory measures. That is why we advise French investors to check the licenses held by the broker of their choice and pick entities that have obtained the correct authorization from French or EU authorities.
Crypto coverage is also a key feature to consider as some brokers tend to offer a more extensive list of crypto assets, with some brokers even adding special crypto index options to traders. The higher the diversity, the more freedom you can enjoy when trading crypto.
Fees applied to your trades should also indicate which broker offers the best trading conditions to French crypto investors. Make sure to compare spreads on the same crypto crosses and pick a broker consistent in offering tighter spreads. That said, do consider any additional surcharges that may incur during trades as it is important to evaluate the overall cost of trading crypto with a specific broker.
France Crypto Brokers Q&A
Companies that wish to offer crypto services in France can apply for a DASP Registration license and DASP Certificate. The DASP Registration license form allows activities like custody of digital funds, buying and selling digital assets, exchanging crypto assets for other digital assets, and staking and lending digital assets. Meanwhile, the DASP Certificate allows all of these operations and also adds the right to offer crypto investment services.
It depends on the trading preferences of each individual. If you do not own a digital wallet and do not care about actually owning the underlying crypto asset you trade, you can opt for trading CFD crypto with a broker. However, if you wish to buy and sell a cryptocurrency and actually own the amount you have purchased, we recommend opting for an exchange.
Not necessarily. Franche is one of the few EU countries that have been prepared for the implementation of the MiCA regulatory framework. With France already having a pretty strict regulatory framework for the crypto trading sector, the MiCA regulation will not have any serious impact on the way French people can trade cryptocurrencies.
Yes. French-regulated brokers are allowed to offer leverage to both retail and professional clients. However, as trading crypto CFDs with leverage poses a huge risk of accumulating big losses in a short period of time, retail French crypto traders can use leverage of a maximum of 2:1. Those who qualify as professional crypto traders will have the chance to maximize the leverage up to 10:1.
In order to offer digital asset services to French traders, companies must be registered as DASPs with the AMF. That applies to offshore entities as well, even if they have been licensed by another regulator based in a different EU country. However, CFD crypto traders can resort to trading with brokers licensed by other top-tier EU regulators.