AMF warns against the activities of unauthorized binary options websites

French AMF warns against unauthorized companies proposing atypical investments

The Autorité des marchés financiers (AMF) is publishing another warning list in just two days, this time of new websites offering binary options trading, for which no authorized investment services provider could be clearly identified.

Here is the list of new websites recently identified:

  • www.cbf-financial.com
  • www.toro-next.com
  • www.easygestions.com
  • www.4u-groups.com
  • www.luxembourg-capital-finance.com

A list of all unauthorized sites to offer trading of binary options is available in the AMF’s website (section: Épargne Info Service > Placements à haut risque ou arnaques: les conseils de l’AMF > Listes noires des sites non autorisés) and Assurance Banque Épargne Info Service – ABE IS’s website (section: Actualités et alertes > Alertes).

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.

If the intermediary in question is not on these lists, we strongly recommend that 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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