German Leading broker FXFlat Bank AG arrives in France
France is the home of one million investors and FXFlat is entering the jurisdiction with a modern offering that caters to the needs of retail and professional traders of today.
FXFlat Bank AG, the leading multi-asset broker based in Germany and regulated by BaFin, is expanding into the neighboring country of France in a milestone move that opens the door to the second-largest market in Europe.
“France became one of the most active countries in terms of trading and french people are one of the most educated investors in Europe. We are ready to meet this high demand and are very sure, that we will respond to their sophisticated expectations” said Samed Yilmaz, CEO of FXFlat Bank.
FXFlat charges zero commission on all CFDs
At the helm of the French operation is Raphael Leblond, Head of FXFlat France, who will lead a team of French staff in order to ensure the best customer support for its users.
Raphael Leblond accepted the challenge of leading the French operation of FXFlat after ten years at a global leading online FX & CFD broker in a number of roles, including nearly four years as Head of Sales Trading.
FXFlat’s French client base will have access to a zero commission CFD-trading with 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. Having been founded in 1997, the broker has proven time and time again its commitment to responsible risk management, quality customer support, and world-class product offering.
Investor deposits safe up to €500,000 per client
Another key factor that might lead many French investors to open an account with FXFlat is the deposit guarantee scheme of up to €500,000 deposit per individual and professional clients.
The German deposit insurance scheme provides the basis and offers in the event 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 protection for their customers, which can cover up to 500,000.00 €, should the statutory deposit insurance no longer be sufficient.
Access to over 1 million exchange product
FXFlat’s French client base will also have access to over a million exchange traded 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 Option from 1,90 €. This is because of the corporation between FXFlat and Interactive Brokers that started over 10 years ago.
French clients have the possibility to open accounts through FXFlat Bank at three different branches of Interactive Brokers (IBCE, IBIE, and IBLLC).
FXFlat at Paris trade fair on 25 March, 2022
The multi-asset broker, which operates under the straight-through processing (STP) model, will be holding free seminars in Paris every month with external traders/analysts.
FXFlat will also participate in the popular trading fair, Salon de l’Analyse Technique, on 25 March 2022 as the firm aims to fully establish itself in France.
“This is a must-attend event for all trading enthusiasts in France. It will allow us to get to know French investors personally and to introduce our very big product portfolio in France”, said Raphael Leblond, Head of FXFlat France.
