Best forex brokers in France

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Forex and CFD trading is legal in France and is regulated by the Autorité des marchés financiers (AMF) – an independent public body that is responsible for safeguarding all investments in financial instruments and the stability of the financial markets as a whole. AMF operates under the European Markets in Financial Instruments Directive (MiFID).

AMF regulates, authorizes, monitors, and, where necessary conducts investigations and issues sanctions, being responsible for all listed companies, financial intermediaries authorized to provide investment services and financial investment advice (credit institutions authorized to provide investment services, investment firms, investment management companies, financial investment advisers and direct marketers), as well as collective investment products, invested in financial instruments.

Appart form AMF the financial sector in France is overseen also by the Autorité de Contrôle Prudentiel (ACPR) – an agency under the French central bank – Banque De France. However, ACPR monitors specifically the activities of banks and insurance companies.

Under the MiFID directive the requirements for all brokers regulated in EU are uniform and therefore a license by AMF or the Cyprus Securities and Exchange Commission (CySEC) would give a broker the opportunity to provide services in all European Union countries, where forex and CFD trading is legal. (Here we should note that the only exception is Belgium, where forex is banned.)

And to get a license with the French authorities a broker should comply by a strict set of financial and ethical rules, among which to keep a minimum operational capital of at least 730 000 EUR, to provide negative balance protection to its customers, to keep all traders funds in a segregated accounts, to file regular reports, to allow external audits, to offer leverage not higher than 30:1 for major forex pairs and no higher than 20:1 for minors. Also all EU regulated brokers are prohibited form offering deposit bonuses.

Forex news from France

15 New Blacklisted Investment Sites Added by French Regulators

15 new investment domains have been blocked in France by the leading regulators, the French Financial Market Authority (AMF) and the French

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French and Israeli Nationals Suspected of Massive French Social Services Shakedown

Dual citizenship-holding French and Israeli perps were caught after taking illegal advantage of the French government’s pandemic aid that saw all affected

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France’s AMF Forms Consultation Group in Charge of Regulating Local Equity Funds

The French monetary regulator the Autorité des Marchés Financiers (AMF) announced this week that is has begun a discourse concerned with private

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Regulators in France Add 20 New Investment Scams to Blacklist

The Autorité des Marchés Financiers (AMF) and Autorité de Contrôle Prudentiel et de Résolution (ACPR) have added a total of 20 new

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France’s AMF Strengthens Regulations for Crypto Firms

The criteria the the authorization of digital asset companies in France has just been toughened by the nation’s very own Autorité des

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AFM Warns Against Retail Crypto Investments

The Dutch financial market supervisor is yet another authoritative institution to issue an official warning against trading and investing in crypto-based assets.

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French FX Regulator Requests Crypto Regulation Amendments

French stock market regulator Autorité des Marchés Financiers proposed a reform on how the “crypto-assets that qualify as financial instruments” are regulated

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French cyber police intercepted Monero-mining botnet of over 850 000 PCs

The French cyber police has intercepted and neutralized a Monero minimum virus that has infected over 850 000 Windows operating PCs in

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France’s AMF updates list of unregulated binary options sites

A day after the Canadian authorities warned that binary options trading is essentially illegal in the country, the French regulator, the  Autorité

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France’s AMF warns against IC Markets, four other unauthorized forex brokers

The Autorite des Marches Financiers (AMF), the financial regulatory authority of France, issued on Thursday a warning notice against five investment service

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France’s AMF warns against five unauthorized FX brokers, binary options scam

France’s financial watchdog, the Autorite des Marches Financiers (AMF), published on Thursday a warning against five entities that provide online forex trading

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