The Blacklist of AMF : 292 forbidden binary options brokers !

amf binary options brokers blacklist

The various european financial authorities regularly issue warnings against unauthorised binary options brokers and in particular the french financial regulator (AMF) is devoted to this practice and keeps an up to date list of forbidden brokers. In fact, this is exactly what the regulator recently did and why we published this article.

What is the AMF blacklist ?

The AMF (Financial Market Authority in french) is the regulator of financial activities and markets in the french territory. The regulator has several key functions, the main one is to identify and apprehend unauthorised brokers. The AMF is an authority who regulate the financial system with a heavy hand, the regulator is strict but it’s what is needed to protect its local investors. It is for this reason that they began creating their now famous blacklists a few years ago. The AMF edits a forex brokers blacklist regularly, as well as a binary options brokers blacklist, It is the latter blacklist which we are interested in as binary options traders.

The binary options brokers blakclist overtook the forex brokers one because it now consists of almost 300 brokers. There are a significant amount of binary options brokers deemed as forbidden by the AFM because unfortunatley binary options scams are very common in the industry and there are a lot of victims each year among investors, who lose thousands of euros by falling for these scams. The AMF just added 16 new binary options brokers to its blacklist, which brought the total number to 292.

See the AMF binary options blacklist

Binary Options Brokers*

Always choose a regulated binary options broker

In order to avoid all types of binary options scams, the AMF strongly recommend investors not to assign your money to any company announced on their blacklist. Instead they advise investors to choose regulated brokers who own french or other foreign regulators licences. Fortunately, there are legitimate binary options brokers who have been providing their services to traders for several years and possess the required authorisations, allowing them to legally be brokers.

24Option is an example of a authorized binary options broker. This broker is authorised in France by AMF but also owns licences from the CySEC, the BaFin, the CNMV and from the FCA. Please note that by choosing to open an 24Option account through one of the links on our website, you will benefit from a bonus that has been negociated by our team, offering you a bonus of 100% on your first deposit, compared to 20% usually offered to this broker’s new customers. The guarantee is also an exclusive advantage that you will be able to enjoy if you join that broker through our website.

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