Blacklist of the AMF: 155 binary options brokers to avoid!

amf binary options

The French financial regulator (AMF – Financial Markets Authority) has recently updated its list of banned binary options brokers (black list). The recently updated list contains a total of 155 binary options brokers whereof the regulator warns traders against these unauthorized brokers that constitute a risk for traders. Therefore, we are in turn sharing the information and we also advise you against using the services of these companies included in the list here-below.

The black list of the AMF*

Why is the AMF issuing a warning?

The Financial Markets Authority warns binary options traders and investors against these websites that claim to be binary options brokers given that these websites simply do not have permission to allow them to offer their investment and trading services. A broker without a license issued by financial regulators indicates that the broker has not applied for its license with the authorities or such a request was denied because the broker’s practices have not been approved and are not in compliance with the local financial regulation.

Note also that it is not unusual that some blacklisted binary options brokers are often the object of binary options scams; it is not uncommon that their reputation is being tarnished on the internet and many online binary options traders complain about questionable practices by the broker or difficulty withdrawing their funds. The banned binary options brokers that act without the authorization of the financial regulators are companies that are not subject to any rules, thus they have total control over traders’ funds. In other words, being a trader with an unauthorized binary options broker is truly unwise because there is no security!

Regulated brokers are the alternative to banned brokers

In contrast to these binary options brokers that are banned by the Financial Markets Authority, there are authorized binary options brokers that are also known as regulated binary options brokers. These are brokers that have the necessary permits that make it possible for them to allow traders to practice trading through their binary options platforms.

Regulated binary options brokers comply with the financial rules of regulators. For example, one of the points that they meet contrary to unauthorized brokers is the segregation of traders’ funds. With regulated binary options brokers, traders’ funds are indeed deposited in an account quite separate from that of the company, which allows traders to be able to recover their money when they want to regardless of the financial situation of the company.

Brokers such as 24Winner, OptionTime or TopOption (all of which belong to the same company, “Safecap Investment Ltd.”) are the kind of regulated brokers to opt for. These brokers are regulated by the European regulator CySEC, but also by the French regulator AMF, the German regulator MiFid, the Spanish regulator CNMV, the Italian regulator CONSOB or by the British regulator FCA. These regulated binary options brokers have proven themselves over the long term; they are the most regulated brokers within the trading industry which is why many traders choose to practice binary options trading through them.

The advantages (Bonus & Guarantee)

Our team has exclusively negotiated for our readers special bonuses on deposit with many binary options brokers. Using the example of the previously mentioned brokers, as a reader, upon opening a new 24Winner, OptionTime or TopOption account you can qualify for a 100% negotiated bonus on deposit thus allowing you to directly double your initial investment, while currently these brokers only offer respectively 40%, 25% and 0% bonus on deposit when opening a binary options account.

Please also note that when you open a binary options account through one of the links appearing on our website you will also benefit from the Guarantee; this guarantee which is a kind of protection that we give you to thank you for your loyalty allows you to be assisted by us and to benefit from the special relationship that we have with the brokers in case of a problem encountered with one of them.

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