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German Broker FXFlat Bank Extends Footprints into France

Source: Youmans

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Fazzaco learned that the leading Germany-based multi-asset broker FXFlat Bank AG is expanding into the neighboring country of France, as part of the company's strategic expansion plan 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'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.

Founded in 1997, FXFlat is registered in Germany and licensed by BaFin. The broker is also operating in the Netherlands and is now planning to expand its services all over Europe. After France, it will tap the markets in Italy and Spain.

Raphael Leblond, who joined the broker earlier this month, will lead a team of French staff in order to ensure the best customer support for its users. Leblond has ten years of experience at a global leading online FX & CFD broker in a number of roles, including nearly four years as Head of Sales Trading.

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