Interactive Brokers Launches PEA Accounts in France

Interactive Brokers Group launches the Plan d’Epargne en Actions (PEA) accounts for eligible French clients. These new accounts offer significant tax benefits, making them an attractive option for long-term savings. 

The PEA structure allows French tax-resident investors to build diversified portfolios while enjoying favorable tax treatment on capital gains and dividends. PEA accounts with Interactive Brokers provide access to a wide selection of French and European stocks, exchange-traded funds (ETFs), and mutual funds. 

This allows investors to tailor their portfolios to meet their financial goals, with the added benefit of low-cost trading. French clients can now use a range of European securities while benefiting from Interactive Brokers’ comprehensive offerings. 

In addition to PEA accounts, Interactive Brokers includes a regular trading account, allowing clients to trade on over 150 global markets. This provides access to various assets, such as international stocks, options, futures, currencies, and bonds. 

Interactive Brokers Launches Tax-Advantaged PEA Accounts in France

The platform offers French investors a unified system for tax-advantaged and traditional investments, all from a single account. Opening a PEA account with Interactive Brokers is simple, and there are no fees for account creation. 

French clients can easily fund their accounts and access competitive commission rates on European securities. The firm also facilitates the transfer of existing accounts, providing additional flexibility for clients looking to move their investments to Interactive Brokers. Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers emphasized the value of the PEA accounts in supporting French individuals’ long-term financial goals. 

“This launch represents a key step in expanding our presence in France. By adding the PEA to our suite of services, we’re offering French investors an integrated, cost-effective solution for both tax-advantaged and traditional investments,” he said. Interactive Brokers’ introduction of PEA accounts marks a significant development in its strategy to support the evolving investment needs of French clients.

Getting to Know the Stock Broker 

• Interactive Brokers offers competitive fees and global trading options. 
• Also, the platform is user-friendly and cost-effective with competitive spreads. 
• It also provides a straightforward trading experience for diverse needs. 
• Traders and investors can access a wide range of assets. 
• Novices may need time to master its robust tools. 

Also, Check out Stock Brokers Reviews for the latest enhancements and take your trading to the next level.