Forex Brokers in France
Richard Montana | November 22, 2022
Currency trading is popular in France, especially for those who want to speculate on falling or rising prices of the EURO. There are many EURO based currency pairs including the EUR/USD, EUR/CHF and EUR/GBP. Whilst the majority of forex brokers that are regulated in Europe (EU) can accept clients from France, it can be considered an additional benefit if the broker is also authorised by the Autorite Des Marches Financiers (AMF), which is the financial regulatory body in France. Although this is not requirement, it can give traders located in France some protection. The AMF is an independent public authority responsible for ensuring that savings invested in financial products are protected and that investors are provided with adequate information. The AMF also supervises the orderly operations of markets.
Best forex brokers France
To find the best forex brokers in France, we created a list of all EU regulated brokers, then ranked them by their overall rating. Below is our list of the top forex brokers for France.
ASIC, BaFin, CFTC, DFSA, FCA, FINMA, FMA, FSA, FSCA, JFSA, MAFF, MAS, METI, NFA
AMF forex brokers in France
The Autorité des Marchés Financiers (AMF) regulates participants and products in France’s financial markets. It regulates, authorises, monitors, and, where necessary conducts investigations and issues sanctions. In addition, it ensures that investors receive material information, and provides a mediation service to assist them in disputes.
The AMF is unique in that it oversees, in an integrated manner, the areas of insurance, securities, derivatives, deposit institutions, other than banks and the distribution of financial products and services such as those provided by forex brokers.
The AMF was established by France’s legislature in 2003 and coordinates its activities with other French regulators, especially in the banking and insurance sectors, and cooperates actively with its European and international counterparts. It consults regularly with professionals, investors and academics in an effort to take financial regulation forward.
How to verify AMF regulated brokers
With the objective of protecting investors, the Autorité des Marchés Financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR) regularly update their black lists of websites identified as offering investments in the unregulated foreign exchange (Forex) market and in derivative products without being authorized to do so.
To identify if a forex broker is licensed to operate in France, the first step is to identify the regulation number from the disclosure text at the bottom of the brokers homepage. Next, you can look up the brokerage with the AMF register to validate if the regulation is legitimate.
Forex Brokers with Neteller
Forex brokers offer a wide variety of account funding options to make their services more…
Forex Brokers with Skrill
Skrill is popular with forex traders around the world, as you can quickly move money…
Forex Brokers with PayPal
If you are looking for a PayPal forex broker it is probably because of the…
Brokers for News Trading
Trading on news releases can vastly improve trading strategies. News trading is beneficial to traders…
Forex Brokers in Europe
Trading forex is popular among traders in Europe, which is one of the most active…
Brokers for Trading the Dow Jones
The Dow Jones Industrial Average (DIJA) represents the companies that are based only in the…