AMF warns against several unauthorized forex websites

fma warns against unregulated company

The AMF and the ACPR just published a list of new websites and entities offering investments on the unregulated foreign exchange (Forex) market in France, without authorisation to do so.

Here is the list of new websites recently identified:

  • www.admiralmarketsltd.com / Admiral Markets Global Solutions Ltd
  • www.fm-fx.com / FM Marketing Ltd
  • www.goprofinance.com / GoProBank
  • www.trade-24.com / Trade24 Global Ltd

A list of all unauthorized websites to offer investments on the unregulated foreign exchange (Forex) market is available in the AMF’s website.

These websites may change very quickly and this list is not intended to be exhaustive.

To ensure that the intermediary offering banking or financial products or services is authorised to operate in France, you can view the register of financial agents or the list of authorised intermediaries in the financial investment advisor (FIA) or participating investment advisor (PIA) categories.

You should not make use of their services, as they are in breach of the applicable legislation and are not required to comply with basic rules of investor protection, information disclosure and claims handling.

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