If you’re looking to trade the CAC 40 (France 40), we’ve compiled a list of the best brokers for trading the CAC. All brokers in this list are authorised and regulated by the FCA. Ensure that you are using the best platforms for trading indices and choose a brokers from our comparison list of the best brokers for trading the CAC 40 (France 40):

Types of broker that offer CAC 40 (France 40) Trading


Compare Index Brokers For Trading The CAC 40 (France 40)

All the index brokers are authorised and regulated by the Financial Conduct Authority where client funds are segregated and protected under FSCS. Note: If you want to convert one currency to another and send money abroad you need a currency broker.

Featured Forex BrokerForex Account OptionsKey Forex FactsStandard Forex CostsMore Info

IG

CFDs: ✔️
Spread Betting: ✔️
DMA FX: ✔️
Pro Account: ✔️
Forex Options: ✔️
Forex Pairs: 51
Standard Margin: 3.33%
Pro Margin: 0.45%
Minimum Deposit: £250
Inactivity Fee: £12 pm
HQ: London, UK
EURUSD: 0.6 pips
GBPUSD: 0.9 pips
USDJPY: 0.7 pips
EURGBP: 0.9 pips
AUDUSD: 0.6 pips
Overnight Financing: 0.0022%
Open Account
Your capital is at risk. 76% of retail CFD accounts lose money

CMC Markets

CFDs: ✔️
Spread Betting: ✔️
DMA FX: ✔️
Pro Account: ✔️
Forex Options: ✔️
Forex Pairs: 71
Standard Margin: 3.33%
Pro Margin: na
Minimum Deposit: £100
Inactivity Fee: £10 pm
HQ: London, UK
EURUSD: 0.7 pips
GBPUSD: 0.9 pips
USDJPY: 0.7 pips
EURGBP: 0.11 pips
AUDUSD: 0.14 pips
Overnight Financing: 0.0027%
Open Account 79% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider

Pepperstone

CFDs: ✔️
Spread Betting: ✔️
DMA FX: ✔️
Pro Account: ✔️
Forex Options: ❌
Forex Pairs: 36
Standard Margin: 3.33%
Pro Margin: na
Minimum Deposit: £100
Inactivity Fee: £0
HQ: Melbourne, Australia
EURUSD: 0.13 pips
GBPUSD: 0.44 pips
USDJPY: 0.25 pips
EURGBP: 0.41 pips
AUDUSD: 0.14 pips
Overnight Financing: Variable
Open Account 79.3% of retail investor accounts lose money when trading spread bets and CFDs with this provider

Saxo Capital Markets

CFDs: ✔️
Spread Betting: ❌
DMA FX: ✔️
Pro Account: ✔️
Forex Options: ✔️
Forex Pairs: 182
Standard Margin: 3.33%
Pro Margin: 1.5%
Minimum Deposit: £500
Inactivity Fee: £25 pq
HQ: Copenhagen, Denmark
EURUSD: 0.6 pips
GBPUSD: 0.7 pips
USDJPY: 0.6 pips
EURGBP: 0.7 pips
AUDUSD: 0.6 pips
Overnight Financing: +/- 0.75%
Open Account 70% of retail investor accounts lose money when trading CFDs with this provider
Interactive Brokers

Interactive Brokers (IBKR)

CFDs: ✔️
Spread Betting: ❌
DMA FX: ✔️
Pro Account: ✔️
Forex Options: ✔️
Forex Pairs: 23
Standard Margin: 3.33%
Pro Margin: 3%
Minimum Deposit: $100
Inactivity Fee: $20 pm
HQ: Connecticut, USA
EURUSD: 0.20 basis points
GBPUSD: 0.20 basis points
USDJPY: 0.20 basis points
EURGBP: 0.20 basis points
AUDUSD: 0.20 basis points
Overnight Financing: 0.000043%
Open Account 64% of retail investor accounts lose money when trading CFDs with IBKR

XTB XTB Brokers

CFDs: ✔️
Spread Betting: ❌
DMA FX: ❌
Pro Account: ✔️
Forex Options: ❌
Forex Pairs: 48
Standard Margin: 3.33%
Pro Margin: na
Minimum Deposit: £100
Inactivity Fee: €20 pm
HQ: Warszawa, Poland
EURUSD: 0.6 pips
GBPUSD: 0.9 pips
USDJPY: 0.7 pips
EURGBP: 0.9 pips
AUDUSD: 0.17 pips
Overnight Financing: Variable
Open Account 79% of retail investor accounts lose money when trading CFDs with this provider

Spreadex Financials

Spreadex

CFDs: ✔️
Spread Betting: ✔️
DMA FX: ❌
Pro Account: ✔️
Forex Options: ❌
Forex Pairs: 60
Standard Margin: 3.33%
Pro Margin: 0.45%
Minimum Deposit: £100
Inactivity Fee: £0
HQ: St Albans, UK
EURUSD: 0.6 pips
GBPUSD: 0.9 pips
USDJPY: 0.7 pips
EURGBP: 0.9 pips
AUDUSD: 0.6 pips
Overnight Financing: Variable
Open Account 69% of retail investors lose money when trading spread bets and CFDs with this provider

Plus 500

CFDs: ✔️
Spread Betting: ❌
DMA FX: ❌
Pro Account: ✔️
Forex Options: ❌
Forex Pairs: 39
Standard Margin: 3.33%
Pro Margin: 0.0033%
Minimum Deposit: £100
Inactivity Fee: $10 pm
HQ: Haifa, Israel
EURUSD: 0.8 pips
GBPUSD: 0.13 pips
USDJPY: 1 pips
EURGBP: 1.5pips
AUDUSD: 0.8pips
Overnight Financing: Variable
Open Account 76.4% of retail investor accounts lose money when trading CFDs with this provider

City Index

CFDs: ✔️
Spread Betting: ✔️
DMA FX: ❌
Pro Account: ✔️
Forex Options: ✔️
Forex Pairs: 84
Standard Margin: 3.33%
Pro Margin: 0.25%
Minimum Deposit: $50
Inactivity Fee: $10 pm
HQ: Limassol, Cyprus
EURUSD: 0.5 pips
GBPUSD: 0.9 pips
USDJPY: 0.6 pips
EURGBP: 0.9 pips
AUDUSD: 0.5 pips
Overnight Financing: Variable
Open Account 74% of retail investor accounts lose money when trading CFDs with this provider

eToro

CFDs: ✔️
Spread Betting: ✔️
DMA FX: ❌
Pro Account: ✔️
Forex Options: ✔️
Forex Pairs: 47
Standard Margin: 3.33%
Pro Margin: na
Minimum Deposit: £100
Inactivity Fee: £12 pm
HQ: London, UK
EURUSD: 0.3 pips
GBPUSD: 0.4 pips
USDJPY: 0.2 pips
EURGBP: 0.4 pips
AUDUSD: 0.1 pips
Overnight Financing: +/- 1%
Open Account 75% of retail investor accounts lose money when trading CFDs with this provider
Fineco CFDs: ✔️
Spread Betting: ❌
DMA FX: ✔️
Pro Account: ✔️
Forex Options: ✔️
Forex Pairs: 53
Standard Margin: 3.33%
Pro Margin: 1%
Minimum Deposit: £100
Inactivity Fee: £0
HQ: Reggio Emilia, Italy
EURUSD: 0.8 pips
GBPUSD: 1 pips
USDJPY: 0.3 pips
EURGBP: 0.5 pips
AUDUSD: 0.1 pips
Overnight Financing: Variable
Open Account 70.50% of retail investor accounts lose money due to CFD trading with FinecoBank

Best CFD Brokers For Trading The CAC 40 (France 40)

Use our comparison tables to compare CFD brokers authorised and regulated by the FCA. Choose or switch to a CFD broker that offers the most markets, best pricing and client security.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 

Featured CFD BrokerCFD Trading InformationCFD Trading MarketsCFD Trading CostsMore Info

IG

Minimum Trade: 50p
Minimum Deposit £250
Index Margin: 5%
Forex Margin: 3.33%
Pro Index Margin: 0.45%
Pro Forex Margin: 0.45%
Total Markets: 17,000
Forex Pairs: 51
Commodities: 38
Indices: 34
UK Stocks: 3,925
US Stocks: 6,352
EURUSD: 0.6 pips
UK 100: 1 point
Wall Street: 2.4 points
Gold: 0.3 points
UK Shares: 0.10%
US Shares: 0.10%
Open Account
Your capital is at risk. 76% of retail CFD accounts lose money

CMC Markets

Minimum Trade: 50p
Minimum Deposit £100
Index Margin: 5%
Forex Margin: 3.33%
Pro Index Margin: na
Pro Forex Margin: na
Total Markets: 9,300
Forex Pairs: 71
Commodities: 33
Indices: 22
UK Stocks: 629
US Stocks: 3,441
EURUSD: 0.7 pips
UK 100: 1 point
Wall Street: 2.4 points
Gold: 0.3 points
UK Shares: 0.10%
US Shares: 2¢ per share
Open Account 79% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider

Pepperstone

Minimum Trade: 50p
Minimum Deposit £100
Index Margin: 5%
Forex Margin: 3.33%
Pro Index Margin: 0.2%
Pro Forex Margin: 0.5%
Total Markets: 178
Forex Pairs: 36
Commodities: 16
Indices: 14
UK Stocks: 0
US Stocks: 64
EURUSD: 0.13 pips
UK 100: 3 points
Wall Street: 2.4 points
Gold: 0.5 points
UK Shares: na
US Shares: na
Open Account 79.3% of retail investor accounts lose money when trading spread bets and CFDs with this provider

Saxo Markets

Minimum Trade: £1
Minimum Deposit £100
Index Margin: 1%
Forex Margin: 3.33%
Pro Index Margin: na
Pro Forex Margin: na
Total Markets: 19,999
Forex Pairs: 57
Commodities: 19
Indices: 23
UK Stocks: na
US Stocks: na
EURUSD: 0.6 pips
UK 100: 1 point
Wall Street: 3 points
Gold: 0.6 points
UK Shares: 0.05%
US Shares: 2¢ per share
Open Account 70% of retail investor accounts lose money when trading CFDs with this provider
Interactive Brokers

Interactive Brokers (IBKR)

Minimum Trade: £1
Minimum Deposit £100
Index Margin: 1%
Forex Margin: 3.33%
Pro Index Margin: na
Pro Forex Margin: na
Total Markets: na
Forex Pairs: na
Commodities: na
Indices: na
UK Stocks: na
US Stocks: na
EURUSD: 0.20 basis point
UK 100: 0.005%
Wall Street: 0.005%
Gold: na
UK Shares: 0.05%
US Shares: 2¢ per share
Open Account 64% of retail investor accounts lose money when trading CFDs with IBKR

Spreadex Financials

Spreadex

Minimum Trade: 1p
Minimum Deposit £100
Index Margin: 5%
Forex Margin: 3.33%
Pro Index Margin: 0.5%
Pro Forex Margin: 0.5%
Total Markets: 10,000
Forex Pairs: 53
Commodities: 21
Indices: 37
UK Stocks: 2,000
US Stocks: 500
EURUSD: 0.6 pips
UK 100: 1 point
Wall Street: 2.4 points
Gold: 0.4 points
UK Shares: 0.1%
US Shares: 0.15%
Visit IG Website 69% of retail investors lose money when trading spread bets and CFDs with this provider

XTB

XTB Brokers

Minimum Trade: £1
Minimum Deposit £100
Index Margin: 1%
Forex Margin: 3.33%
Pro Index Margin: na
Pro Forex Margin: na
Total Markets: 1,981
Forex Pairs: 48
Commodities: 22
Indices: 42
UK Stocks: 203
US Stocks: 1,053
EURUSD: 0.6 pips
UK 100: 0.9 point
Wall Street: 2 points
Gold: 0.3 points
UK Shares: 0.08%
US Shares: 0.08%
Open Account 79% of retail investor accounts lose money when trading CFDs with this provider

ETX Capital

Minimum Trade: 25p
Minimum Deposit £100
Index Margin: 5%
Forex Margin: 3.33%
Pro Index Margin: na
Pro Forex Margin: na
Total Markets: 5,000
Forex Pairs: 60
Commodities: 25
Indices: 34
UK Stocks: 350
US Stocks: na
EURUSD: 0.6 pips
UK 100: 1 point1
Wall Street: 4 points
Gold: 0.4 points
UK Shares: 0.1%
US Shares: 2¢ per share
ETX Reviews 77.4% of retail investor accounts lose money when trading CFDs with this provider

eToro

Minimum Trade: £1
Minimum Deposit £100
Index Margin: 1%
Forex Margin: 3.33%
Pro Index Margin: na
Pro Forex Margin: na
Total Markets: na
Forex Pairs: 47
Commodities: 19
Indices: 13
UK Stocks: 313
US Stocks: 1104
EURUSD: 0.3 pips
UK 100: 1.5 points
Wall Street: 6 points
Gold: 0.45 points
UK Shares: 0.9%
US Shares: 0.9%
Open Account 75% of retail investor accounts lose money when trading CFDs with this provider

Plus 500

Minimum Trade: £1
Minimum Deposit £100
Index Margin: 1%
Forex Margin: 3.33%
Pro Index Margin: 0.33%
Pro Forex Margin: 0.33%
Total Markets: 2,000
Forex Pairs: 39
Commodities: 22
Indices: 28
UK Stocks: 148
US Stocks: 947
EURUSD: 0.8 pips
UK 100: 2 points
Wall Street: 4 points
Gold: 0.59 points
UK Shares: na
US Shares: na
Open Account 76.4% of retail investor accounts lose money when trading CFDs with this provider

City Index

Minimum Trade: £1
Minimum Deposit £100
Index Margin: 5%
Forex Margin: 3.33%
Pro Index Margin: 0.25%
Pro Forex Margin: 0.25%
Total Markets: 12,000
Forex Pairs: 84
Commodities: 25
Indices: 21
UK Stocks: na
US Stocks: na
EURUSD: 0.5 pips
UK 100: 1 point1
Wall Street: 3.5 points
Gold: 0.8 points
UK Shares: 0.18%
US Shares: 2¢ per share
Open Account 74% of retail investor accounts lose money when trading CFDs with this provider

Fineco

Minimum Trade: 50p
Minimum Deposit £100
Index Margin: 1%
Forex Margin: 3.33%
Pro Index Margin: 1%
Pro Forex Margin: 0.5%
Total Markets: 180
Forex Pairs: 53
Commodities: 5
Indices: 27
UK Stocks: na
US Stocks: na
EURUSD: 0.8 pips
UK 100: 6 points
Wall Street: 6 points
Gold: 0.3 points
UK Shares: 0.05%
US Shares: na
Open Account 70.50% of retail investor accounts lose money due to CFD trading with FinecoBank

Best Spread Betting Brokers For Trading The CAC 40 (France 40)

Use our comparison reviews to compare spread betting broker costs, spreads, offers and features. Only Spread Betting Brokers authorized and regulated by the FCA where client funds are protected under the FSCS are featured.

Spread betting carries a high level of risk and losses can exceed your deposits. Featured brokers appear first.

Featured Spread BettingBrokerSpread Betting InformationSpread Betting MarketsSpread Betting CostsMore Info

IG

Minimum Stake: 50p
Minimum Deposit £250
Index Margin: 5%
Forex Margin: 3.33%
Pro Index Margin: 0.45%
Pro Forex Margin: 0.45%
Total Markets: 17,000
Forex Pairs: 51
Commodities: 38
Indices: 34
UK Stocks: 3,925
US Stocks: 6,352
EURUSD: 0.6 pips
UK 100: 1 point
Wall Street: 2.4 points
Gold: 0.3 points
UK Shares: 0.10%
US Shares: 0.10%
Open Account
Your capital is at risk. 76% of retail CFD accounts lose money

CMC Markets

Minimum Stake: 50p
Minimum Deposit £100
Index Margin: 5%
Forex Margin: 3.33%
Pro Index Margin: na
Pro Forex Margin: na
Total Markets: 9,300
Forex Pairs: 71
Commodities: 33
Indices: 22
UK Stocks: 629
US Stocks: 3,441
EURUSD: 0.7 pips
UK 100: 1 point
Wall Street: 2.4 points
Gold: 0.3 points
UK Shares: 0.10%
US Shares: 2¢ per share
Open Account 79% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider

Pepperstone

Minimum Stake: 50p
Minimum Deposit £100
Index Margin: 5%
Forex Margin: 3.33%
Pro Index Margin: 0.2%
Pro Forex Margin: 0.5%
Total Markets: 178
Forex Pairs: 36
Commodities: 16
Indices: 14
UK Stocks: 0
US Stocks: 64
EURUSD: 0.13 pips
UK 100: 3 points
Wall Street: 2.4 points
Gold: 0.5 points
UK Shares: na
US Shares: na
Open Account 79.3% of retail investor accounts lose money when trading spread bets and CFDs with this provider

Spreadex Financials

Spreadex

Minimum Stake: 1p
Minimum Deposit £100
Index Margin: 5%
Forex Margin: 3.33%
Pro Index Margin: 0.5%
Pro Forex Margin: 0.5%
Total Markets: 10,000
Forex Pairs: 53
Commodities: 21
Indices: 37
UK Stocks: 2,000
US Stocks: 500
EURUSD: 0.6 pips
UK 100: 1 point
Wall Street: 2.4 points
Gold: 0.4 points
UK Shares: 0.1%
US Shares: 0.15%
Open Account 69% of retail investors lose money when trading spread bets and CFDs with this provider

City Index

Minimum Stake: £1
Minimum Deposit £100
Index Margin: 5%
Forex Margin: 3.33%
Pro Index Margin: 0.25%
Pro Forex Margin: 0.25%
Total Markets: 12,000
Forex Pairs: 84
Commodities: 25
Indices: 21
UK Stocks: na
US Stocks: na
EURUSD: 0.5 pips
UK 100: 1 point1
Wall Street: 3.5 points
Gold: 0.8 points
UK Shares: 0.18%
US Shares: 2¢ per share
Open Account 74% of retail investor accounts lose money when trading CFDs with this provider

ETX Capital

Minimum Stake: 25p
Minimum Deposit £100
Index Margin: 5%
Forex Margin: 3.33%
Pro Index Margin: na
Pro Forex Margin: na
Total Markets: 5,000
Forex Pairs: 60
Commodities: 25
Indices: 34
UK Stocks: 350
US Stocks: na
EURUSD: 0.6 pips
UK 100: 1 point1
Wall Street: 4 points
Gold: 0.4 points
UK Shares: 0.1%
US Shares: 2¢ per share
ETX Reviews 77.4% of retail investor accounts lose money when trading CFDs with this provider

Best DMA Brokers For Trading The CAC 40 (France 40)

Compare brokers that offer Direct Market Access (DMA) who are authorised and regulated by the FCA.  Use DMA to get inside the price and reduce your trading costs by getting better prices.

DMA BrokerDMA AccessDMA ExecutionAccount TypesCEO InterviewMore Info

IG

Stocks:
FX:
Index:
Commodities:
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
CFD
Spreadbetting:

June Felix, IG CEO

Read June Felix CEO Interview

Visit IG

IG Reviews
CEO Interview
Your capital is at risk. 76% of retail CFD accounts lose money

Saxo Capital

Stocks:
FX:
Index:
Commodities:
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
CFD
Spreadbetting:
Andrew Edwards Saxo Capital Markets UK CEO Read Andrew Edwards CEO Interview Visit Saxo

Saxo Reviews
Interactive Brokers

Interactive Brokers (IBKR)

Stocks:
FX:
Index:
Commodities:
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
CFD
Spreadbetting:

Thomas Peterffy

Visit IBKR

IBKR Reviews
Fineco Stocks:
FX:
Index:
Commodities:
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
CFD
Spreadbetting:

Paolo Di Grazia, Fineco General Manager Paolo Di Grazia, Fineco GM

Visit Fineco

Fineco Reviews

Best MT4 Brokers For Trading The CAC 40 (France 40)

MT4 or MetaTrader 4 is currently offered by over 600 brokers worldwide. Compare the top MT4 brokers to ensure you get the best pricing, tools, analysis and features.

Featured MT4 BrokerMT4 Account OptionsMT4 Key factsMT4 Trading CostsMore Info

IG

MT4 CFDs:
MT4 Spread Betting:
MT4 DMA :
Pro Account:
MT4 Scalping:
Total Markets: 17,000
Forex Pairs: 51
Commodities: 38
Indices: 34
UK Stocks: 3,925
US Stocks: 6,352
EURUSD: 0.6 pips
GBPUSD: 0.9 pips
UK 100: 1 point
Wall Street: 2.4 points
Overnight Financing: 0.0022%
Open Account
Your capital is at risk. 76% of retail CFD accounts lose money

CMC Markets

MT4 CFDs:
MT4 Spread Betting:
MT4 DMA :
Pro Account:
MT4 Scalping:
Total Markets: 9,300
Forex Pairs: 71
Commodities: 33
Indices: 22
UK Stocks: 629
US Stocks: 3,441
EURUSD: 0.7 pips
GBPUSD: 0.9 pips
UK 100: 1 point
Wall Street: 2.4 points
Overnight Financing: 0.0027%
Open Account 79% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider

Pepperstone

MT4 CFDs:
MT4 Spread Betting:
MT4 DMA :
Pro Account:
MT4 Scalping:
Total Markets: 178
Forex Pairs: 36
Commodities: 16
Indices: 14
UK Stocks: 0
US Stocks: 64
EURUSD: 0.13 pips
GBPUSD: 0.44 pips
UK 100: 3 points
Wall Street: 2.4 points
Overnight Financing: Variable
Open Account 79.3% of retail investor accounts lose money when trading spread bets and CFDs with this provider

Saxo Capital Markets

MT4 CFDs:
MT4 Spread Betting:
MT4 DMA :
Pro Account:
MT4 Scalping:
Total Markets: 19,999
Forex Pairs: 57
Commodities: 19
Indices: 23
UK Stocks: na
US Stocks: na
EURUSD: 0.6 pips
GBPUSD: 0.7 pips
UK 100: 1 point
Wall Street: 3 points
Overnight Financing: +/- 0.75%
Open Account 70% of retail investor accounts lose money when trading CFDs with this provider

XTB XTB Brokers

MT4 CFDs:
MT4 Spread Betting:
MT4 DMA :
Pro Account:
MT4 Scalping:
Total Markets: 1,981
Forex Pairs: 48
Commodities: 22
Indices: 42
UK Stocks: 203
US Stocks: 1,053
EURUSD: 0.6 pips
GBPUSD: 0.9 pips
USDJPY: 0.7 pips
EURGBP: 0.9 pips
AUDUSD: 0.17 pips
Overnight Financing: Variable
Open Account 79% of retail investor accounts lose money when trading CFDs with this provider

ETX Capital

MT4 CFDs:
MT4 Spread Betting:
MT4 DMA :
Pro Account:
MT4 Scalping:
Total Markets: 5,000
Forex Pairs: 60
Commodities: 25
Indices: 34
UK Stocks: 350
US Stocks: na
EURUSD: 0.5 pips
GBPUSD: 0.9 pips
UK 100: 0.9 point
Wall Street: 2 points
Overnight Financing: Variable
ETX Reviews 77.4% of retail investor accounts lose money when trading CFDs with this provider

City Index

MT4 CFDs:
MT4 Spread Betting:
MT4 DMA :
Pro Account:
MT4 Scalping:
Total Markets: 12,000
Forex Pairs: 84
Commodities: 25
Indices: 21
UK Stocks: na
US Stocks: na
EURUSD: 0.5 pips
GBPUSD: 0.9 pips
UK 100: 1 point1
Wall Street: 3.5 points
Overnight Financing: Variable
Open Account 74% of retail investor accounts lose money when trading CFDs with this provider

Best Options Brokers For Trading The CAC 40 (France 40)

Use our comparison tables to compare the best UK based options brokers authorised and regulated by the FCA. Choose or switch to an option broker that offers the most markets, best pricing and client security.

Featured BrokerFutures & OptionsServicesAccount TypesCEO InterviewMore Info

Saxo Capital

Stocks:
FX:
Index:
Commodities:
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
Options:
CFD
Spreadbetting
Andrew Edwards Saxo Capital Markets UK CEO Read Andrew Edwards CEO Interview Open Account
Interactive Brokers

Interactive Brokers (IBKR)

Stocks:
FX:
Index:
Commodities:
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
Options:
CFD
Spreadbetting

Thomas Peterffy

Open Account

IG

Stocks:DMA
FX:
Index:CFD
Commodities:CFDs
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
Options:
CFD
Spreadbetting

June Felix, IG CEO

Read June Felix CEO Interview

Open Account

Linear Investments

Stocks:
FX:
Index:
Commodities:
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
Options:
CFD
Spreadbetting

Jerry Lees

Linear Services
Fineco Stocks:DMA
FX:
Index:CFD
Commodities:CFDs
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
Options:
CFD
Spreadbetting

Paolo Di Grazia, Fineco General Manager Paolo Di Grazia, Fineco GM

Open Account

Use our comparison tables to compare the best UK based CAC 40 (France 40) futures brokers authorised and regulated by the FCA. Choose or switch to a futures broker that offers the most markets, best pricing and client security.

Futures trading carries a high level of risk and can result in losses that exceed your deposits. Featured brokers appear first.

Here is a list of futures brokers based in the UK that are regulated by the FCA

Prime BrokerDMA AccessExecutionAccount TypesCEO InterviewMore Info

Saxo Capital Markets

Stocks:
FX:
Futures:
Options:
Voice:
Online:
Strategy:
Prime:
DMA:
Omnibus:
Liquidity
White Label:
Andrew Edwards Saxo Capital Markets UK CEO Andrew Edwards Visit Saxo

Saxo Services

IG

Stocks:
FX:
Futures:
Options:
Voice:
Online:
Strategy:
Prime:
DMA:
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What is the CAC 40 Index?

CAC 40 Index is the main benchmark index of the French stock market. It derived its name from Cotation Assistée en Continu electronic system in the eighties.

Like the Dax index, the index was born in the eighties on December 1987 with a base value of 1,000. The index is now maintained by Euronext Paris.

The index is capitalisation weighted, with the largest forty companies being included in the index. As of 2019, the biggest three stocks in the index is Total, LVMH, and Sanofi (see below). Many of these firms are household names, such as LVMH, L'Oreal and Danone.

CAC 40 Index Component Snapshot

Source: Euronext.com

Can you trade the CAC Index?

Yes, you can. There are multiple financial products derived from the underlying CAC Index that you can trade with, including:

Read the GMG Guide on Index Trading.

One of the biggest ETF based on the CAC 40 Index is the Lyxor CAC 40 ETF traded in the LSE (ticker: CACX). This ETF is gaining popularity because of the ease of trading, unlike futures or options where there are rollover costs and expiry dates.

On index futures, they usually expire on March, June, September, and December. The nearest futures are usually the most liquid.

However, bear in mind that the CAC Index is Euro-denomiated. If you are trading in the UK with, say, spread trading, you may be using sterling depending on the platform.

What is the attraction of French CAC Index?

The French CAC 40 Index is attractive to investors and traders alike because:

  • Many CAC stocks are highly international and these companies derived their earnings globally
  • CAC 40 offers good liquidity - as some of these stocks are huge (e.g. Total, Sanofi and Airbus) This means tighter spreads.
  • CAC 40 offers a good exposure of leading consumer companies such as LVMH, Kering, and Danone.

French firms have benefitted from good economic growth and are expanding rapidly, like LVMH's takeover of Tiffany. As you can see from CAC 40's chart below, prices are marching upwards.

What drives the CAC 40 Index?

Stock markets are often driven by a wide variety of factors. For the French stock market, consumer growth is increasing important because of its exposure to the world consumption trends. Other important factors include:

  • Trade factors (e.g., Tariff wars, exchange rate)
  • Monetary factors (e.g., Quantitative Easing, rates movements, yield curve etc)
  • Technical factors (e.g., new highs or lows)
  • Earning factors (e.g., profitability and earnings momentum)

The CAC Index has a large financial component (AXA, BNP, SocGen), so ECB's QE may play an important role too.

Watch the Euro exchange rate as this may impact french exports/imports prices.

Seven-Point Guide on trading the CAC 40

To trade the CAC 40 profitably requires a good trading strategy. The following tips may help you to maximise your chances of trading the CAC 40 successfully over the long term.

  1. Understand your requirements for trading the CAC 40. Are you an intra-day or positional trader? Do you invest for the long term? Are dividends important?
  2. Research various technical (or fundamental) indicators to support the trading objective. There are many technical indicators that you can use, including
  3. Backtest these indicators if they are profitable over time. Select a few that you can understand. Check their pitfalls and signal variations over time. Put these indicators into a trading software and backtest. Is it profitable? Can you withstand the drawdown?
  4. Select the indicators that best suit the objectives. Once the initial backtest research is completed, setup a mock testing period of, say, six weeks. Assess the results. Are they good? Which type of indicators works better?
  5. Include risk management factors in your assessment. Important factors like position sizing, leverage levels, stop loss levels and risk-reward ratios must be specified. Trading without risk management is like driving without brakes and safety belts.
  6. Select trading platforms that support your operations. Capital requirements, platform fees, and trading capability are all important factors to look for. See the comparison table above.
  7. Commit capital and go live. Make sure that you drip feed capital into new strategies because there may be many things to iron out before you're comfortable with it. Stay discipline with your trading plan.

Live CAC 40 (France 40) CFD Prices From Plus 500

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