France runs one of the EU's most active enforcement regimes against unauthorised forex and CFD providers — the AMF maintains a dedicated public blacklist.
Investment firms offering forex or CFD services in France must be authorised by the Autorité des Marchés Financiers.
EU-wide rules on best execution, client categorisation, and risk disclosure apply automatically to France-regulated brokers.
Retail leverage is capped at 1:30 for major pairs, 1:20 for minors, 1:10 for commodities, and 1:2 for cryptocurrencies.
France maintains one of the EU's most actively enforced public blacklists of unauthorised forex and binary options providers, updated regularly.
Offering forex or CFD services to French clients without proper AMF authorisation or EU passporting is a leading enforcement priority.
Offering leverage beyond ESMA's retail limits, or misclassifying retail clients as professional to avoid them, is a recognised compliance failure.
Authorised firms must keep client funds separate from operating capital — a frequent point of enforcement action when this breaks down.
Risk-disclosure requirements are strictly enforced, particularly around advertising aimed at French retail investors.
Verify the firm directly against the AMF public register, and separately check the AMF's blacklist of known unauthorised providers.
1:30 for major currency pairs, 1:20 for minor pairs, 1:10 for commodities, and 1:2 for cryptocurrencies under ESMA rules.
Yes — EU-authorised firms commonly passport into France under the MiFID II framework, subject to proper notification.
Speak with us confidentially before responding to the AMF or a client dispute.