Market News

France's AMF Blacklists 75 Binary Options Brokers

Feb 25 2014 09:59:07 GMT
By
Maria Nikolova , Forexbrokerz.com Find me on Google+

The Autorite des Marches Financiers (AMF), France's financial services watchdog, on Monday published an updated list of binary options brokers which have no regulatory permission to offer their services in the country but have chosen to solicit French clients anyway. The fresh list, which replaces the one from January 2014, unfortunately contains more websites than the preceding one. You may recall that the previous alert contained 68 websites of unregulated binary options brokers, while the fresh one contains massive 75 websites.

 
You can see the full list below: 
 
www.01broker.com 
www.4xp.com 
www.24xp.com/FR
www.50option.com
www.60options.com
www.abcbinaire.com
www.agfmarkets.com
www.ajbrowdercapital.com
www.bancxp.com
www.bankofmarket.com
www.banqofbroker.com
www.banqueoption.com
www.betonspot.com
www.bfmmarkets.com
www.bfxoption.com
www.binareo.com
www.binarymarkets.com
www.binarywallstreet.com
www.binoa.com
www.bigoption.com
www.binarylowcost.com
www.bnry.com
www.bocapital.com
www.bossoptions.com
www.cedarfinance.com
www.chronoption.com
www.cititrader.com
www.daily-option.com
www.digitoption.com
www.easyxp.com
www.ebinaires.com
www.empireoption.com
www.excellencebroker.com
www.excitingmarkets.com
www.eztrader.com
www.fboption.com
www.gfmtrader.com
www.gftrades.com
www.globaltrader365.com
www.golden-bank.com
www.gtoptions.com
www.ikkotrader.com 
www.interactiveoption.com
www.ioptioneu.com
www.leaderoption.com 
www.obmarkets.com
www.opteck.com
www.optimarkets.com
www.optionbit.com
www.optionet.com 
www.option-bank.com
www.optionrama.com
www.optionsclick.com
www.optionsmarter.com 
www.option-world.com
www.optionxp.com
www.phenixoption.com
www.planetoption.com
www.prestigebanq.com 
www.royaldebank.com
www.startoptions.com
www.stockpair.com 
www.timebinary.com
www.tradecall-invest.com
www.tradequicker.com
www.tradereasy.com
www.tradersleader.com 
www.traderush.com
www.traderxp.com
www.tradobk.com
www.ubinary.com 
www.vipbinary.com
www.worldtradeoption.com 
www.xpertmarket.com
www.xpmarkets.com 
www.zeoption.com
 
 
Amid the new additions to the list are Daily Option, Binareo, Bank of Market, and Big Option. Fortunately, there are some names from the preceding warning which are absent from the new one (such as OptionFair): they have either exited the market or have gained registration. To be fully certain about the lawfulness of the services which a binary options broker offers, you can check the AMF register here
 
The French regulator warns that the websites enlisted belong to companies that have no authorization to offer their services in France. Moreover, they have been found to solicit customers using aggressive marketing and misleading information.
 
The warnings of the French watchdog come amid a wave of alerts from other regulators like the Malta Financial Services Authority (MFSA) and the British Columbia Securities Commission (BCSC) regarding companies providing trading with this instruments of yet dubious status. And, of course, there is the tight grip of CySEC – the Cypriot regulator, which has been issuing warnings and taking away licenses from binary options brokers that violate the regulations. Last week the CySEC announced that it was keeping the license of Cedar Finance, a binary options broker in the French blacklist, suspended. 
TAGS: amf  france amf  binary options  binary options broker  binary options warning  regulation binary options  france regulation  france binary options  online trading  february 2014  blacklist  warning  unregulated broker  license 

Related forex news

Broker Country Regulation Platform Min Deposit Review
Cyprus CySec MT4, MT5, Web $5 Review Website
US, UK, Australia CFTC/NFA, FCA, ASIC MT4, Web,
Mirror Trader,
Trading
Station,
NinjaTrader
$50 Review Website
UK, Australia, Singapore FCA MT4, Web,
ProRealTime,
2Dealer
$1 Review Website
UK, Cyprus FCA, CySec MT4 $5 Review Website
UK, Cyprus FCA, CySEC MT4, MT5, Web,
cTrader,
SuperTrader,
FxPro Markets
$100 Review Website
Seychelles FinaCom MT4 $10 Review Website
UK, Bulgaria FCA, FSC Web $150 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus CySEC MT4, MT5 $300 Review Website
New Zealand FMA MT4 $1000 Review Website

More Forex Market News

IG’s Nadex ends 2016 with record-high trading volumes

Jan 12 2017 08:41:45

The North America Derivatives Exchange (Nadex), one of only two US-regulated binary options exchanges, announced this week that its trading volumes in December have set a new all-time record. Read more

US forex traders to have greater transparency with respect to execution data

Jan 06 2017 08:34:24

The National Futures Association (NFA), the self-regulatory organization overseeing the activities of the US forex brokers, said its new rules on disclosure of transaction data have been approved by the Commodity Futures Trading Commission (CFTC) and will come into effect as of March 31, 2017. Read more

FXCM’s stock price ended the year on a low note

Jan 03 2017 09:15:49

The stock price of major forex brokerage FXCM (NASDAQ:FXCM) hit a 52-week low on Friday (30 Dec), its shares closing down at $7.05. The figure represents a drop by more than 55%, compared to a year earlier – on Jan 4, 2016 the broker’s stock traded for $15.77 apiece. Read more

Germany's BaFin to ban margin trading in CFDs for retail investors?

Dec 09 2016 15:05:21

The German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) announced its intentions to “limit the marketing, distribution and sale of financial contracts for difference (CFDs) with an additional payments obligation” to retail c... Read more

FCA UK bans forex bonuses, capping leverage to 1:25

Dec 06 2016 09:44:07

It is hardly a surprise that the Financial Conduct Authority (FCA) intends to cap leverage to 1:25 for inexperienced traders and prevent forex brokers from offering any form of trading bonuses or benefits to promote risky CFD products. Read more

NFA orders US forex brokers to raise margin requirements for GBPUSD

Nov 07 2016 15:27:54

The US National Futures Association (NFA), the self-regulatory organization overseeing the activities of the US forex brokers, said it is raising the required minimum security deposit for transactions with the GBP from 2% to 5%. Read more

Canada's NSSC warns of binary options robot Canuck Method

Oct 21 2016 14:22:58

 One of the latest warnings against companies engaged in binary options trading comes from Nova Scotia’s Securities Commission (NSSC). Read more

MTI Markets: $25 no deposit forex bonus

Oct 20 2016 15:03:42

Who grants it? MTI Markets, a brand operated by MTI Investments LLC, a financial services company providing trading in derivative instruments and other securities, registered on the Marshall Islands. Read more

Ayrex: Hourly binary options demo contest with $300 pool prize

Oct 06 2016 14:18:07

Who organized it? Binary options broker Ayrex, a brand by unregulated offshore company Advanced Binary Technologies Ltd registered in St. Kitts and Nevis. Ayrex offers trading in binaries on its proprietary trading platform with payout up to 85%. Read more

Adamant Finance: $50 no deposit forex bonus

Oct 05 2016 13:59:04

Who grants it? Adamant Finance, a brand of Adamant Finance Limited, a SVG-registered offshore brokerage that offers MT4 trading. Read full review here.   Website: adamantfinance. Read more