Obviously, depending on the trader with whom you choose to open a forex account, the rules may differ, but the broad outlines remain the same.

First, you have two possibilities on the one hand a demo account, the other a real account. The demo account allows traders to train beginners and learn in real market conditions without risking their own money. Once they feel confident enough and think enough master the intricacies of the foreign exchange market, they can switch to real account.


To open an account, brokers require sending identity and proof of residence, like the banks when opening a current account. Upon opening the account forex, it is necessary that the trader makes a statement in the French tax authorities through the 3916 form entitled "Statement by a resident of an account opened outside of France." The form is two pages, just check the box on the first and the name and address of the broker chosen from the second.

Most brokers offer the ability to then fund your forex account through multiple means of payment, among others, credit cards, bank transfers or Paypal.