The French language is the official language of 29 countries across 5 different continents with an estimated total of around 274 million people. The language is very popular in the online trading space thus developing the need for various French speaking brokers. Nearly everywhere the French language is spoken there are online trading brokerages offering their services with support in the French language. However, because there are so many French brokers out there, they can be very diverse in their policies and such. Therefore, it is of the utmost importance to understand whether the French broker you choose is right for you and your trading needs.show more
The currencies accepted by French speaking brokerages really depends on the region they are servicing. As mentioned earlier, the French language is strongly spoken across 5 different continents which have a wide variety of currencies. However, the most common currencies accepted by French speaking brokers are the Euro and the Canadian dollar due to the French speaking population in Europe and Eastern Canada. Other commonly accepted currencies include the UK pound, US dollar, South African rand and other currencies. Traders can usually find the accepted currencies in the FAQ section of a broker’s website, in the footer at the bottom of the site, and in the deposit and withdrawals section.
Traders can find French speaking brokerages all over the world. While some of these brokerages only accept French speaking people from certain countries in the region they market their services to. Some French speaking brokers accept international traders from nearly everywhere, as 29 countries list the French language as their official language. The most commonly serviced countries with the highest amount of French speaking traders are France and Canada, as well as certain regions in Belgium, western Switzerland, Monaco, and more. Traders can find out if their country is accepted by going into the registration page and clicking on the country menu. Alternatively, they can contact customer support and get an answer from a customer service representative.
Most if not all French speaking trading brokers offer additional languages with their trading platforms and brokerage services. The most common language paired with French brokers is English, but alternative languages to French also include Spanish, Russian, German, and others. When determining if an online brokerage supports the French language and others, simply find the country flag that is usually in the top right-hand corner. When clicked, it will show the available languages supported by the broker. Also, you can navigate to the contact page to see what kind of support they offer in these languages.
French speaking traders are generally blessed with a wide range of deposit and withdrawal options with online French brokers. Although, depending on the region in which they reside, there will be an impact on which deposit and withdrawal methods are available. For instance, some countries may not have as many banking options as other countries. However, just about every French-speaking broker will offer their traders a variety of e-wallets and debit/credit cards for deposits. Something to keep in mind are the fees, as they may vary from broker to broker. Whenever making a deposit, be sure to check the applicable fees and withdrawal methods available as withdrawal methods will sometimes be limited.