How to Buy US Stocks In France: A Complete Guide

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For buying US stocks in France you need to:

Step 1. Choose the right broker.
Step 2. Open a trading account.
Step 3. Complete the W-8BEN Form.
Step 4. Fund your account.
Step 5. Buy your first stock - place an order.

Buying US stocks from France is not only legal but surprisingly straightforward. With the right broker and a few steps, you can access some of the world’s most innovative companies. This guide will walk you through everything you need to know to start investing in US stocks from the comfort of France.

Step-by-step guide to buying US stocks in France

Investing in US stocks from France is straightforward if you follow these steps. Here's a detailed guide to get you started.

Picking the right broker

Your broker is your gateway to the US market. Choosing the right one is crucial.

Local brokers. Some brokers based in France offer access to U.S. stocks. While convenient for customer support and local integration, they may charge higher fees for international transactions.
Global brokers. Many international platforms provide lower fees, advanced trading tools, and extensive market access. Prioritize those with user-friendly interfaces and reliable support.

We have carefully selected a list of top brokers that allow you to buy U.S. stocks efficiently. This table provides key details such as account requirements, trading conditions, and fees to help you compare options easily. Use this guide to find the broker that best suits your trading needs.

As a beginner in trading, selecting the right online stock trading platform or broker is crucial. Choosing an unsuitable broker can significantly impact your investment returns. On the other hand, a reliable broker can greatly support your investment journey. Here’s an overview of the top stock brokerage firms in France, along with their fee structures for online trading.

Best brokers to buy U.S stocks in France in 2025
	Account min.	Basic stock/ETF fee	Min. stock/ETF fee	Inactivity fee	Withdrawal fee	Open an account
eToro		Zero Fees	Zero Fees	$10/month	$5	Open an account Your capital is at risk.
CapTrader	2,000	US: $0.01 per share; min $2. EU: 0.1% of trade value with a min €4.	US Stocks $2, EU Stocks €4	Varies	Varies	Open an account Your capital is at risk.
Saxo Bank	£500	U.S. Stocks: start from $1. European Stocks: start from €3. UK Stocks: start from £5.	$1/£5/€3	$100 after 6 months	$0 (standard)	Open an account Your capital is at risk.
Wealthsimple		Zero Fees	Zero Fees	No inactivity fees	No charge	Open an account Via Wealthsimple's secure website.
Revolut		Standard, Plus, Premium, and Metal Plans: 0.25% of the order amount. Ultra Plan: 0.12% of the order amount.	£1.00 in the UK, €1.00 in the Eurozone	Not specified	No charge up to a limit	Study review

Setting up your trading account

Opening a trading account is the next step. Most brokers guide you through the process.

Required documents. Prepare your identification documents, proof of residence (e.g., utility bill), and your tax identification number (TIN).
Account types. Choose between a cash account, where you pay for stocks upfront, or a margin account, which allows you to borrow funds for trading. While margin accounts can amplify returns, they also increase risk.

The W-8BEN tax form

This form is essential for complying with U.S. tax regulations.

Purpose. The W-8BEN form certifies your foreign status and reduces the dividend withholding tax from 30% to 15%, as per the U.S.-France tax treaty. Most brokers offer a simple online submission process during account setup.

Funding your account

You’ll need to deposit funds before you can start trading.

Currency conversion. Since U.S. stocks are traded in dollars, you’ll need to convert euros to USD. Choose brokers with competitive currency conversion rates to minimize costs.
Funding methods. Common deposit options include bank transfers, credit cards, and e-wallets. Bank transfers are slower but often have lower fees compared to other methods.

Researching and placing orders

With your account ready and funded, it’s time to make your first investment.

Researching stocks. Use online resources to analyze company performance, market trends, and financial data. Focus on companies with strong fundamentals and growth potential.
Order types :
- Market order. Executes at the current market price.
- Limit order. Set a specific price at which you want to buy or sell.
- Stop order. Automatically executes when the stock reaches a predefined price.

Why French investors are eyeing the US market

For French investors, the US stock market represents a world of possibilities. Here's why it has become a go-to destination for those looking to expand their portfolios.

Global innovation powerhouse

The US is home to some of the world’s most iconic and innovative companies. Think of Apple revolutionizing technology, Amazon redefining retail, or Tesla leading the electric vehicle charge. Investing in these companies allows you to align your portfolio with brands shaping the global future.

French market vs. US market

While the French market is strong in sectors like luxury goods and energy, it doesn’t offer the same diversity or scale as the US market. The US provides exposure to industries like technology, healthcare, and biotechnology, which are less dominant in France. This diversity helps reduce risk and boosts potential returns.

In recent years, international investing has gained traction among French citizens. With easy access to global platforms and a strong euro against the dollar in many periods, more French investors see the US stock market as a chance to grow their wealth and participate in global innovation.

What you need to know before investing

Before diving into the US stock market, it’s essential to understand the groundwork. These basics will help you navigate the process smoothly as a French investor.

Understanding US stock exchanges

The US market operates primarily through two major exchanges: the New York Stock Exchange (NYSE) and NASDAQ.

NYSE

The New York Stock Exchange (NYSE) is the world’s largest stock exchange by market capitalization, often referred to as "the Big Board." Located on Wall Street in New York City, it is home to many established companies that have stood the test of time. Think of giants like Coca-Cola, Boeing, and Procter & Gamble — businesses known for their stability, consistent dividends, and solid earnings.

NASDAQ

The NASDAQ (National Association of Securities Dealers Automated Quotations) is where technology meets the stock market. Unlike the NYSE, NASDAQ is entirely electronic, attracting innovative companies and fast-growing startups. It’s home to tech titans like Tesla, Amazon, Apple, and Google’s parent company, Alphabet. NASDAQ-listed firms are often pioneers in cutting-edge sectors such as artificial intelligence, biotechnology, and renewable energy.

Time zones and market hours

The US market runs on Eastern Time, meaning trading hours are 3:30 PM to 10:00 PM in France. This late schedule is perfect for investors who want to monitor trades after work hours. Tools like real-time alerts can also help you stay updated without being glued to the screen.

Exchange rates and costs

Since US stocks are traded in dollars, exchange rates between the euro and the US dollar play a key role. A strong euro can work in your favor when buying US stocks, but you’ll also need to account for currency conversion fees. Many brokers offer competitive rates, so shop around to minimize costs.

Taxes and legal considerations for French investors

Understanding taxes is crucial when investing in US stocks from France. Navigating the tax landscape ensures you’re compliant and don’t overpay.

Dividend withholding tax

When you earn dividends from US stocks, the default tax rate is 30%. However, thanks to the US-France tax treaty, French investors can reduce this rate to 15% by submitting the W-8BEN form. Most brokers guide you through this process during account setup.

Capital gains tax in France

If you sell your US stocks for a profit, you’ll need to declare this income in France. Capital gains from stock trading in France are taxed at a flat rate of 30%, which includes both income tax (12.8%) and social contributions (17.2%).

Avoiding double taxation

The US-France tax treaty is designed to prevent double taxation. While the US taxes your dividends, France considers this when calculating your total tax obligation. Keeping proper documentation, like broker statements and proof of W-8BEN submission, simplifies this process.

Additional reporting requirements

French tax authorities require you to report foreign financial accounts, including brokerage accounts held in the US or with international platforms. Failure to declare these accounts can result in penalties, so always ensure your tax filings are complete and accurate.

Challenges specific to French investors

While investing in US stocks from France offers exciting opportunities, it’s not without its challenges. Being aware of potential risks helps you make better decisions and avoid costly mistakes. Some of this risks are:

Currency fluctuations. The exchange rate between the euro (EUR) and the US dollar (USD) can impact your investments. Monitor exchange rates and consider using brokers with competitive conversion fees. Some brokers allow you to hold funds in USD to mitigate frequent conversions.

Market volatility. US stocks, especially in sectors like technology or biotech, can experience sharp price swings. Diversify your portfolio by including stable industries alongside high-growth sectors. Avoid overexposure to any single stock or sector.

Understanding hidden fees. Some brokers charge hidden fees, such as inactivity fees, currency conversion fees, or additional charges for accessing foreign markets. Compare brokers carefully and choose platforms that are transparent about their fees. Look for those offering low commissions and no hidden charges.

Many brokers show low trading fees but hide costs

When buying U.S. stocks from France, don’t just settle for any platform. Pick platforms where you can track currency rates live so you know when the euro-to-dollar rate is in your favor. Set alerts to notify you when exchange rates hit a good deal. This small move can save you money you might not notice at first. These tips help you get ahead early and avoid unnecessary conversion costs.

Another trick is to try free accounts to see how fees really add up. Many brokers show low trading fees but hide costs for things like withdrawals or not using the account. Practice fake trades to spot hidden costs before you start. Also, look for platforms where you can buy smaller shares of expensive stocks. This makes it easier to invest in companies like those in the S&P 500 without needing a lot of money upfront. These simple tricks make it easier to start smart and avoid beginner mistakes.

Conclusion

Investing in US stocks from France opens up a world of financial possibilities. By following the steps outlined here, you can access some of the world’s most innovative companies and diversify your portfolio beyond the French market.

Remember, success in the US stock market is all about preparation and strategy. Choose the right broker, understand tax implications, and always stay informed about global trends. Diversify your investments, focus on long-term growth, and be patient—good things take time.

FAQs

Can French residents legally invest in US stocks?

Yes, French residents can legally invest in US stocks. You’ll need to open an account with a broker that provides access to the US market. Make sure to comply with tax obligations, including completing the W-8BEN form to benefit from reduced withholding tax rates under the US-France tax treaty.

What is the minimum amount required to invest in US stocks from France?

There’s no strict minimum. Some brokers allow investments as low as €50 or even fractional shares. This means you can buy a portion of a stock like Amazon, making it accessible to all budgets.

How are US stock dividends taxed for French investors?

Dividends from US stocks are subject to a 30% withholding tax by default. However, completing the W-8BEN form reduces this to 15% under the US-France tax treaty. In France, you’ll need to report these dividends, but the tax paid in the US is credited against your French tax obligations.

What are the biggest challenges for French investors in US stocks?

Key challenges include currency fluctuations, hidden broker fees, and tax complexities. A good broker and tax advisor can help overcome these issues.

Team that worked on the article

Peter Emmanuel Chijioke is a professional personal finance, Forex, crypto, blockchain, NFT, and Web3 writer and a contributor to the Traders Union website. As a computer science graduate with a robust background in programming, machine learning, and blockchain technology, he possesses a comprehensive understanding of software, technologies, cryptocurrency, and Forex trading.

Having skills in blockchain technology and over 7 years of experience in crafting technical articles on trading, software, and personal finance, he brings a unique blend of theoretical knowledge and practical expertise to the table. His skill set encompasses a diverse range of personal finance technologies and industries, making him a valuable asset to any team or project focused on innovative solutions, personal finance, and investing technologies.

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Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data. He is also an educator in the field of finance and technology.

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Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).