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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 Broker FX Spreads (pips from) Index Spreads Features CEO Interview More Info

IG

EURGBP:0.9
USDJPY:0.7
GBPUSD:0.9
EURUSD:0.6
FTSE: 1pt
DOW: 1.6pt
DAX: 1pt
(Variable)
SpreadBetting:
CFDs:
MT4:
Listed PLC:
FCA Reg.:
Markets:16,000+
Clients:195,000

June Felix, IG CEO

Read June Felix CEO Interview

Visit IG

IG Reviews

CMC Markets

EURGBP:0.6
USDJPY:0.9
GBPUSD:0.9
EURUSD:0.6
FTSE: 1pt
DOW: 1.7pt
DAX: 1pt
(Variable)
SpreadBetting:
CFDs:
MT4:
Listed PLC:
FCA Reg.:
Markets:15,000

Read Peter Cruddas CEO Interview

Visit CMC

CMC Reviews

Pepperstone

EURGBP:1
USDJPY:1
GBPUSD:1
EURUSD:1
FTSE: 1pt
DOW: 1.6pt
DAX: 1pt
(Variable)
SpreadBetting:
CFDs:
MT4:
Listed PLC:
FCA Reg.:
Tamas Szabo Pepperstone CEO Read Tamas Szabo CEO Interview Visit Pepperstone

Pepperstone Reviews

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 Broker FX Spreads (pips from) Index Spreads Features CEO Interview More Info

IG

EURGBP:0.9
USDJPY:0.7
GBPUSD:0.9
EURUSD:0.6
FTSE: 1pt
DOW: 1.6pt
DAX: 1pt
(Variable)
SpreadBetting:
CFDs:
MT4:
Listed PLC:
FCA Reg.:
Markets:16,000+
Clients:195,000

June Felix, IG CEO

Read June Felix CEO Interview

Visit IG

IG Reviews

CMC Markets

EURGBP:0.6
USDJPY:0.9
GBPUSD:0.9
EURUSD:0.6
FTSE: 1pt
DOW: 1.7pt
DAX: 1pt
(Variable)
SpreadBetting:
CFDs:
MT4:
Listed PLC:
FCA Reg.:
Markets:15,000

Read Peter Cruddas CEO Interview

Visit CMC

CMC Reviews

Pepperstone

EURGBP:1
USDJPY:1
GBPUSD:1
EURUSD:1
FTSE: 1pt
DOW: 1.6pt
DAX: 1pt
(Variable)
SpreadBetting:
CFDs:
MT4:
Listed PLC:
FCA Reg.:
Tamas Szabo Pepperstone CEO Read Tamas Szabo CEO Interview Visit Pepperstone

Pepperstone Reviews

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 Broker FX Spreads (pips from) Index Spreads Features CEO Interview More Info

IG

EURGBP:0.9
USDJPY:0.7
GBPUSD:0.9
EURUSD:0.6
FTSE: 1pt
DOW: 1.6pt
DAX: 1pt
(Variable)
SpreadBetting:
CFDs:
MT4:
Listed PLC:
FCA Reg.: Markets:16,000+
Clients: 195,000

June Felix, IG CEO

Read June Felix CEO Interview

Visit IG

IG Reviews

CMC Markets

EURGBP:0.6
USDJPY:0.9
GBPUSD:0.9
EURUSD:0.6
FTSE: 1pt
DOW: 1.7pt
DAX: 1pt
(Variable)
SpreadBetting:
CFDs:
MT4:
Listed PLC:
FCA Reg.:

Read Peter Cruddas CEO Interview

Visit CMC

CMC Reviews

Pepperstone

EURGBP:1
USDJPY:1
GBPUSD:1
EURUSD:1
FTSE: 1pt
DOW: 1.6pt
DAX: 1pt
(Variable)
SpreadBetting:
CFDs:
MT4:
Listed PLC:
FCA Reg.:
Tamas Szabo Pepperstone CEO Read Tamas Szabo CEO Interview Visit Pepperstone

Pepperstone Reviews

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.

Featured Broker DMA Access DMA Execution Account Types CEO Interview More 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

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

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 Broker FX MT4 Spreads (pips from) Index MT4 Spreads MT4 Features CEO Interview More Info

IG

EURGBP:0.9
USDJPY:0.7
GBPUSD:0.9
EURUSD:0.6
FTSE: 1pt
DOW: 1.6pt
DAX: 1pt
(Variable)
SpreadBetting:
CFDs:
MT4:
Listed PLC:
FCA Reg.:
Markets:16,000+
Clients:195,000

June Felix, IG CEO

Read June Felix CEO Interview

Visit IG

IG Reviews

CMC Markets

EURGBP:1.1
USDJPY:0.5
GBPUSD:0.9
EURUSD:0.7
FTSE: 1pt
DOW: 1.4pt
DAX: 1pt
(Fixed)
SpreadBetting:
CFDs:
MT4:
Listed PLC:
FCA Reg.:
Markets:15,000

Read Peter Cruddas CEO Interview

Visit CMC

CMC Reviews

Pepperstone

EURGBP:1
USDJPY:1
GBPUSD:1
EURUSD:1
FTSE: 1pt
DOW: 1.6pt
DAX: 1pt
(Fixed)
SpreadBetting:
CFDs:
MT4:
Listed PLC:
FCA Reg.:
Tamas Szabo Pepperstone CEO Read Tamas Szabo CEO Interview Visit Pepperstone

Pepperstone Reviews

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 Broker Futures & Options Options Trading Account Types CEO Interview More 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 Visit Saxo

Saxo Reviews

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

Broker DMA Access Execution Account Types CEO Interview More 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

See Services

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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