France is home to one million investors and FXFlat is entering the territory with a modern offering that meets the needs of today's individual traders.
FXFlat Bank, a German-based multi-product broker, is expanding into France in a major move that opens the door to Europe’s second largest market.
France is home to one million investors and FXFlat is entering the territory with a modern offering that meets the needs of today’s individual traders.
“France has become the most active country in Europe in terms of trading volume and the French are the most educated investors in Europe. I am confident that our offer will meet their sophisticated expectations” said Samed Yilmaz, CEO of FXFlat Bank.
FXFlat and its zero commission offer on CFD stocks, forex, indices, etc.
The BaFin-regulated brokerage firm also has a European passport that allows it to expand its operations throughout Europe, and France is the first country on the list.
Heading the French operation is Raphaël Leblond, head of FXFlat France, who will lead a team of French employees to ensure the best customer support for its users.
Raphaël Leblond has accepted the challenge of leading FXFlat’s French operation after working for ten years at a leading online FX and CFD broker, where he held several positions, including Sales Director for nearly four years.
FXFlat’s French clients will have access to commission-free trading with the FlatTrader platform and the product offering includes over 1,200 instruments, from stocks to indices, Forex, metals, commodities and more.
FXFlat has stood the test of time. Founded in 1997, the broker has proven time and again its commitment to responsible risk management, quality customer service and world-class product offerings, in full compliance with some of the industry’s most respected regulators.
Open a FlatTrader demo account.
Investor deposit guarantee up to €500,000 per client
Another key factor that may encourage many French investors to open an account with FXFlat is the deposit guarantee system of up to €500,000, per individual client.
The BaFin regulation provides the basis for this and offers in case of insolvency up to 90% of the investor’s claim from securities transactions, up to a maximum of €20,000.00 per investor. In addition, FXFlat Bank has taken out a separate insurance policy for its clients, which can cover up to €500,000.00, in case the statutory deposit insurance is no longer sufficient.
FXFlat’s French clients will also have access to over a million instruments including Futures, Stocks, Cryptocurrencies, Options, ETFs, and more through the Trader Workstation platform.
They will be able to invest on Micro-DAX-Future from €0.80 per contract and on Option from €1.90.
This is due to the cooperation between FXFlat and Interactive Brokers that started 10 years ago.
French clients have the opportunity to open accounts through three different branches (IBCE, IBIE, and IBLLC) at Interactive Brokers.
Try out a demo of the Trader Workstation platform.
The multi-product broker, which operates under the STP (Straight Through Processing) model, will hold free seminars with its clients every month in Paris. External traders/analysts will also be invited to lead these trading education days.
FXFlat also participated in the Technical Analysis Fair on April 1, 2022, to meet with French retail investors and show them its offerings and services.
“This is a must-attend event for all trading and stock market enthusiasts. We have marked this day by our presence, both on the show and in the proposed conferences. We were able to meet with retail investors in France and showcase our innovative offering,” said Raphaël Leblond, Head of FXFlat France.
As trading becomes more popular than ever with retail investors, FXFlat is aiming high and intends to become a major player in the French trading industry.
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