Euronext

Euronext brokers provide access to the Euronext N.V. Exchange Group trading centre, spanning some of the biggest economic jurisdictions in Europe. So, what is Euronext trading and how can you get involved? In this guide, we outline the history of Euronext, its indices and its opening hours. We also provide a guide to comparing brokers with access to the Euronext so you can get started today.

Euronext Brokers

These are the 5 best brokers for trading on the Euronext:

#1 - FOREX.com

Why We Chose FOREX.com

Founded in 1999, FOREX.com is now part of StoneX, a financial services organization serving over one million customers worldwide. Regulated in the US, UK, EU, Australia and beyond, the broker offers thousands of markets, not just forex, and provides excellent pricing on cutting-edge platforms.

"FOREX.com remains a best-in-class brokerage for active forex traders of all experience levels, with over 80 currency pairs, tight spreads from 0.0 pips and low commissions. The powerful charting platforms collectively offer over 100 technical indicators, as well as extensive research tools."

- DayTrading Review Team
  • Instruments: Forex, Spot Metals
  • Regulator: NFA, CFTC
  • Platforms: MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral
  • Minimum Deposit: $100
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:50

Pros

  • FOREX.com offers industry-leading forex pricing starting from 0.0 pips, alongside competitive cashback rebates of up to 15% for serious day traders.
  • The in-house Web Trader continues to shine as one of the best-designed platforms for aspiring day traders with a slick design and over 80 technical indicators for market analysis.
  • With over 20 years of experience, excellent regulatory oversight, and multiple accolades including runner-up in our 'Best Forex Broker' awards, FOREX.com boasts a global reputation as a trusted brokerage.

Cons

  • Funding options are limited compared to leading alternatives like IC Markets and don’t include many popular e-wallets, notably UnionPay and POLi.
  • There’s no negative balance protection for US clients, so you may find yourself owing more money than your initial deposit into your account.
  • Demo accounts are frustratingly time-limited to 90 days, which doesn’t give you enough time to test day trading strategies effectively.

#2 - Interactive Brokers

Why We Chose Interactive Brokers

Interactive Brokers (IBKR) is a premier brokerage for experienced traders, providing access to 150 markets in 33 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe.

"Interactive Brokers is one of the best brokers for advanced day traders, providing powerful charting platforms, real-time data, and customizable layouts, notably through the new IBKR Desktop application. Its superb pricing and advanced order options also make it highly attractive for day traders, while its diverse range of equities is still among the best in the industry."

- DayTrading Review Team
  • Instruments: Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies
  • Regulator: FCA, SEC, FINRA, CBI, CIRO, SFC, MAS, MNB
  • Platforms: Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, eSignal, TradingCentral
  • Minimum Deposit: $0
  • Minimum Trade: $100
  • Leverage: 1:50

Pros

  • IBKR continues to deliver unmatched access to global stocks with tens of thousands of equities available from 100+ market centres in 24 countries.
  • IBKR is one of the most respected and trusted brokerages and is regulated by top-tier authorities, so you can have confidence in the integrity and security of your trading account.
  • The new IBKR Desktop platform takes the best of TWS while adding bespoke tools like Option Lattice and Screeners with MultiSort to create a genuinely impressive trading experience for day traders at every level.

Cons

  • You can only have one active session per account, so you can’t have your desktop program and mobile app running simultaneously, making for a sometimes frustrating trading experience.
  • IBKR provides a wide range of research tools, but their distribution across trading platforms and the web-based 'Account Management' page lacks consistency, leading to a confusing user experience.
  • TWS’s learning curve is steep, and beginners may find it challenging to navigate the platform and understand all the features. Plus500's web platform is much better suited to new traders.

#3 - LQDFX

Why We Chose LQDFX

LQDFX is a straight-through processing (STP) broker based in the Marshall Islands. The offshore trading firm offers competitive spreads from 0.0 pips, free deposits, 24/5 support and access to the hugely popular MetaTrader 4 platform. LQDFX also runs a competitive bonus program for short-term traders.

"LQDFX is best for active day traders looking for ultra-tight spreads, low fees and high leverage up to 1:1000. Forex traders will particularly appreciate the strong range of 70+ currency pairs with minimum deposits starting from $20."

- DayTrading Review Team
  • Instruments: Forex, CFDs, Stocks, Indices, Commodities, Crypto
  • Platforms: MT4
  • Minimum Deposit: $20
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:1000

Pros

  • The broker offers the industry favorite MT4 platform and mobile app, with 30 technical indicators for chart analysis
  • There are multiple STP account types with fast execution speeds, plus an Islamic swap-free option and PAMM accounts
  • Leverage is available up to 1:1000 for experienced day traders

Cons

  • Market research tools and educational resources are very limited compared to top brands like IG
  • It's a shame that there's no copy trading platform for beginners or experienced strategy providers
  • The lack of regulatory oversight is a concern, although the broker does claim to use segregated accounts and balance protection

#4 - IG

Why We Chose IG

Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand-US offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.

"IG continues to provide a comprehensive package with an intuitive web platform and best-in-class education for beginners, plus advanced charting tools, real-time data, and fast execution speeds for experienced day traders."

- DayTrading Review Team
  • Instruments: CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting
  • Regulator: FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA
  • Platforms: Web, ProRealTime, L2 Dealer, MT4, AutoChartist, TradingCentral
  • Minimum Deposit: $0
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:30 (Retail), 1:250 (Pro)

Pros

  • The proprietary web-based platform continues to caters to traders of all levels, with advanced charting tools and real-time market data useful for day trading
  • IG offers an extensive collection of professional and engaging educational resources, including webinars, articles, and analysis
  • The ProRealTime advanced charting platform is free as long as certain modest monthly trading activity requirements are met

Cons

  • IG applies an inactivity fee of $12 per month after 2 years, deterring casual investors
  • Stock and CFD spreads still trail the cheapest brokers like CMC Markets based on tests
  • IG has discontinued its swap-free account, reducing its appeal to Islamic traders

#5 - Pocket Option

Why We Chose Pocket Option

Established in 2017, Pocket Option is a binary options broker offering high/low contracts on forex, stocks, indices, commodities and cryptocurrencies. With over 100,000 active users and a global reach, the platform continues to prove popular with budding traders.

"Pocket Option excels for its easy-to-use web platform which provides a best-in-class user experience for short-term binary traders. The $50 minimum deposit is also accessible for beginners while opening an account is really easy. Looking at the negatives, Pocket Option still trails alternatives in its market offering and regulatory credentials."

- DayTrading Review Team
  • Instruments: Binary Options, Currencies, Commodities, Stocks, Indices, Cryptos
  • Regulator: MISA
  • Platforms: Web, MT4, MT5
  • Minimum Deposit: $50
  • Minimum Trade: $1

Pros

  • The MetaTrader platforms offer integrated analysis with helpful technical summaries for short-term traders
  • The web platform shines for its straightforward design and usability that will appeal to beginners looking to speculate on popular financial markets in a few clicks
  • The range of payment methods beats the majority of rivals, providing fast, secure and convenient deposits for traders in most countries

Cons

  • Despite offering competitive payouts up to 92%, binary brokers like IQCent offer higher returns up to 98% based on tests
  • You need to deposit $1000 to access the extended list of 250+ assets, otherwise just 130+ assets are available
  • The maximum binary contract length of 4 hours is restrictive for longer-term trading strategies. Alternatives like Videforex offer binaries up to 1 month

Comparing Euronext Brokers

Before you can start investing on the Euronext exchange, you will need to compare brokers that offer the option to trade Euronext stocks. There are many Euronext brokers out there, so it’s important to identify those that offer the best conditions for you. Key considerations include:

Fees & Commissions

Firstly, is the fee structure transparent? If you are not sure how much a trade will cost, it will be difficult to calculate your profit and risk. Stocks are usually charged with a commission per trade, but it is worth double-checking that there are no additional fees or hidden charges. Charges should not vary by exchange, so Paris stocks for one broker will usually produce the same trading fees as Dublin or Oslo, for example.

The best Euronext brokers will provide a full fee schedule on their websites. Degiro, for example, publishes a full costing guide including both trading and non-trading fee details. For example, Euronext LIFFE (The Netherlands, Belgium, France, Portugal) options can be executed with a fee of $0.75 per contract.

It is also worth considering costs such as deposit/withdrawal fees, inactivity charges and account maintenance costs. Although these often seem minimal, they can add up.

Instruments

As the Euronext exchange offers many derivatives on commodities, ETFs, forex, stocks and indices, you will want to find Euronext brokers that offers access to the instruments you wish to trade.

Having access to all equities and securities within one account will save time having to open several profiles across a range of Euronext brokers. Even if you are looking to just trade individual Euronext exchange stocks, consider the future if you want to diversify your portfolio and try your hand at investing via ETFs or bonds, for example.

Platform & Tools

Find Euronext brokers with an intuitive yet easy-to-use platform. This is essentially your gateway to the exchange. Speed is key when opening and closing trades, so being able to execute orders quickly is a must.

TradingView and MetaTrader 5 are popular platforms for stocks, but many Euronext brokers also offer their own proprietary platforms and software.

Think about the tools and functions required to execute your strategy successfully. You may want to automate investments using bots, analyze with technical indicators or view long-term price history on custom charts. The best Euronext brokers will provide these tools without third-party download requirements.

Customer Service

Top-tier Euronext brokers will usually have customer service to match. Fast and reliable help when you need it is important. Telephone and live chat services are often the most reliable methods to connect with the broker’s customer support team with a prompt response time. Interactive Brokers, for example, offers a live chat that is available 24 hours a day, Monday to Friday. This could be your first port of call if something goes wrong or to receive guidance on trading parameters.

As some of the major stock exchanges within the Euronext group operate via the same market opening hours, look out for customer service that reflects this (8 AM – 4:30 PM).

What Is Euronext?

Euronext N.V. is one of the largest exchange groups in the world, operating stock exchanges in Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris. The pan-European enterprise has a market capitalization of over 5 trillion Euros (EUR) and the share price can be found using a live chart online. You can find the company under ticker symbol ENX via online brokers.

Euronext N.V has headquarters based in Paris, France, with more Euronext offices in London (UK), Switzerland, New York, Singapore, Portugal, Spain, Norway, Italy, Ireland, Netherlands and Belgium.

Euronext N.V. offers several equities and derivatives as part of its services, including bonds, commodities (such as gold, silver and wheat), indices, exchange-traded funds (ETFs), foreign exchange (FX) warrants and certificates, as well as stocks and shares, many of which you will find via Euronext brokers. Futures and options trading is also available on Euronext.

The Euronext platform for foreign exchange is called Euronext FX, previously FastMatch. Euronext Growth is a multilateral trading facility that lists small and medium enterprises that would not qualify for listing on the traditional stock exchanges. This is operated by Euronext Brussels, Dublin, Lisbon, Oslo and Paris and is governed by the Euronext Growth Markets Rule Book (also known as the cash and derivatives trading manual). Euronext Access is similar but has even fewer listing requirements, making it ideal for small start-ups.

The History Of Euronext

The Euronext trading centre was first formed when the Amsterdam Stock Exchange merged with Paris and Brussels to create one large pan-European platform. Since then, it has grown in size, acquiring additional revenue streams along the way. Take a look at the timeline below to understand its rich history of acquisitions.

  • 2000 – Amsterdam, Brussels and Paris (inc. MATIF SA) merge to create Euronext
  • 2001 – Acquired the London International Financial Futures and Options Exchange (LIFFE), forming Euronext.LIFFE, the European derivatives market
  • 2002 – Acquired shares in the Lisbon Stock Exchange from Portugal, creating Euronext trading in Lisbon
  • 2007 – The first global organization of trading was created when Euronext merged with the New York Stock Exchange (NYSE)
  • 2014 – Euronext trading centre was bought by the Intercontinental Exchange (ICE) and spun off from the NYSE entity, becoming a purely European company once again. This was also the year of its IPO
  • 2017 – The Irish Stock Exchange became part of the group, adding Ireland to the list of jurisdictions covered by the entity
  • 2019 – Oslo became the next stock exchange owned by the group
  • 2020 – Euronext trading launched its pan-European platform, known as Optiq, an in-house system that offers harmonized, live cash and derivatives messaging
  • 2021Borsa Italiana, the Milan-based exchange, became the next addition. The Euronext annual report shows this was purchased for EUR 4,447 million

The Indices

The Euronext centre has one of the most expansive portfolios in the world, with over 600 on its books. This includes six major national indices: the CAC 40 index, BEL20, AEX, OBX, PSI 20 and ISEQ 20. Many of the 600 are derivative-based, allowing traders to utilize the benefits of futures and options.

Within the mix, there are 45 ESG indices, the most noteworthy of which is the Euronext Euro 50 ESG, the top 50 stocks by market cap with a high corporate responsibility rating. The Euronext 100 is another prominent index – the blue-chip index for pan-European stocks – compiling the largest and most liquid companies on their books. It has a market cap of over 3 billion Euros.

However, if you’re looking for an index that covers a more diverse spread of companies, the Euronext 500 covers the top 500 stocks in Europe. Again, these are ranked by market cap and liquidity. Historical data and a real-time chart for all indices are available on the website. Top ranked Euronext brokers will also provide updated financial metrics on all indices.

Top 3 Biggest Players

LVMH – Louis Vuitton Moet & Hennessy

The most highly valued company traded on the Euronext exchange is the French luxury retailer, LVMH. Its headquarters are in Paris, France, so it makes sense for this beast of a company to be listed with Euronext Paris. LVMH has a market cap of over 333 billion Euros. Its stock value has steadily been rising since the dip in March 2020 caused by the COVID-19 pandemic.

IBM

IBM is an American-based technology company that offers its services globally. It is actually listed on the NYSE but is ‘traded not listed’ in Brussels, making it worthy of a place on the Euronext big players list. IBM has a market cap of around 278 billion dollars but its stock value has been fairly volatile over the last few years.

The COVID pandemic caused a steep decline in IBM stock price but, since March 2020, prices have increased, albeit unsteadily, with sharp highs and lows throughout.

ASML Holdings

ASML is a Dutch-owned company that produces computer microchips. The majority of its products are sold to Asian economies, with Taiwan, Korea and China as its biggest buyers. It is listed with Euronext Amsterdam and has a market cap of 280 billion Euros. Since early 2020, ASML has seen huge growth and its share price rose more than 50% between Q1 2020 and Q1 2021. Can this bullish sentiment continue?

That concludes our top 3 but other noteworthy mentions include L’Oreal, the French toiletries and beauty brand; Caterpillar Inc, a mining and construction equipment firm; Hermes, the courier, as well as Novacyt, KBC Group NV., JustEat Takeaway, Natixis, UCB and Valneva SE – all listed on the Euronext trading exchange.

Trading The Euronext Exchanges

To trade securities on the Euronext stock exchange, an institution, including brokers or banks must be registered trading members. These members must comply with the rules as stated in the Harmonised Rulebook. The admission of rules are the same across all jurisdictions, so a bank in Paris has the same requirements as a Dublin banking institution.

A full list of Euronext brokers, rules and members is available on the website, along with additional information on block trading, insider investing, rights issues, price quotes and trading phases.

How To Begin Euronext Trading

Selecting A Euronext Stock

Fundamental analysis is a great starting point when choosing stocks. Having your finger on the pulse with the latest global and market news is a key part of being successful with investing on the Euronext exchange.

However, at some point, you’ll need to get your head into the data and trading volume and volatility are two of the metrics that really matter. Euronext has one of the deepest liquidity pools of all exchanges, due to its sheer size and breadth of jurisdiction.

One of the great things about Euronext group is the amount of market data that is available for free from their website. In particular, volume data is available across all exchanges with just a quick search.

Further investment and volume statistics are published on the website regularly. This also covers the total daily and monthly turnover for each security within Euronext, separating most trading venues, including Paris and Amsterdam. An international investment calendar is also available.

For data and statistics on ETFs, the Euronext Funds 360 offers a complete service that allows traders to select which funds work for them by comparing net asset value (NAV) and other details before they begin. The Euronext group also publishes the latest updates on financial services and product releases on their website.

Opening Hours

Those experienced with investing on the Euronext exchange are usually up and at their desks long before the markets open, reading the news and assessing impacts on stock prices.

The Euronext cash, futures and equities schedule is similar across all the exchanges. The Paris, Brussels, Oslo, Amsterdam, Lisbon and Dublin stock exchanges all have the same opening hours of 08:00 – 16:30 GMT (09:00 – 17:30 CET).

So, regardless of whether you’re investing on the CAC 40, the stock markets in the Netherlands and Belgium, or an ETF from Ireland, the opening times are the same. The non-trading days (e.g Christmas and other Bank Holidays) and extended investment hours are available on the website and will be reflected within Euronext brokers’ calendars.

Final Word On Euronext Brokers

Euronext brokers provides access to some of the largest and most liquid financial securities and derivatives markets in Europe, all under one roof. The Euronext N.V. group has experienced steady growth in the number of subsidiary exchanges and offers several hundred exciting equity indices. If you are interested in the Euronext trading centre and want to get involved, follow the steps outlined above and see our list of recommended best Euronext brokers.

FAQs

How Do You Trade Euronext Stocks With Online Brokers?

Firstly, you will need to select a broker that is a registered member with Euronext group. Create an account with the broker, select the stock, derivative or ETF you’re interested in and get investing. You don’t need to sign up to Euronext itself, this is only required for institutions, banks and brokers.

Is Euronext A Broker?

No, Euronext is an exchange group that has ownership of some of the largest stock exchanges in the world, including the Paris Stock Exchange and the Irish Stock Exchange. It also offers derivatives, bonds, commodities and FX investment opportunities.

How Can I Invest In Euronext Via Online Brokers?

Euronext N.V. floated on the Euronext Paris stock exchange in 2014 through its own IPO. Therefore, you can now purchase shares and invest in the company’s growth potential.

What Is The Euronext Ticker Symbol?

The Euronext trading symbol on Euronext Paris is ENX.

What Is Euronext Optiq?

Euronext Optiq is Euronext’s official, universal stock platform system for all Euronext stock exchanges. It was introduced in 2020, offering cutting-edge technology that is both agile and high-performing. It gives investors access to all stock exchanges and asset classes.