French AMF warns against a number of unlicensed FX brokers


asic warning

The Autorité des marchés financiers (AMF) and the Autorité de contrôle prudentiel et de résolution (ACPR) have just published g 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.1875-financeinvest.com / 1875 FINANCE INVEST
  • www.londonbcapital.com / LONDON B CAPITAL
  • www.fxandco.com / GLOBE AND CO LTD
  • www.startmarkets.com / STARTMARKETS
  • www.cbre-securityplace.com / CBRE-SECURITYPLACE

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 any of the last two lists, the AMF strongly recommends 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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French AMF warns against a number of unlicensed FX brokers

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