Autorité des Marchés Financiers (AMF)
The Autorité des Marchés Financiers (AMF) is the financial markets regulator of France, overseeing the operations of investment firms, forex brokers, asset managers, and other financial institutions. AMF enforces ESMA's investor protection framework, ensuring that French forex brokers operate with transparency, stability, and fairness.
The Autorité des Marchés Financiers (AMF) ensures that forex brokers in France operate under strict regulatory supervision. With full enforcement of ESMA’s protective measures, AMF regulation is a strong assurance of trader safety, transparency, and fairness in the EU forex market.
- 30:1 for major currency pairs
- 20:1 for non-major currency pairs, gold, and major indices
- 10:1 for commodities (excluding gold) and minor indices
- 5:1 for individual equities
- 2:1 for cryptocurrencies
- Supervises forex brokers and financial institutions operating in France.
- Implements ESMA guidelines on leverage, marketing, and investor protection.
- Publishes warnings against unauthorized brokers.
- Enforces compliance with MiFID II and EU regulations.
- Visit the AMF Regulated Entities Register.
- Search for the broker by name or registration number.
- Confirm their regulatory status and services offered.
- Minimum Capital Requirements: Per MiFID II & French law.
- Negative Balance Protection: Enforced for all retail clients.
- Ban on Promotions & Bonuses: Strict prohibition of misleading incentives.
- Standardized Risk Warnings: Must clearly display risk and loss data.
- Mandatory ESMA Compliance: On leverage, close-out rules, and margin calls.
- Investor Education: AMF promotes responsible trading via public campaigns.
Advantages
Strong alignment with ESMA investor protection laws
Transparent broker database with regular updates
Public warnings against blacklisted brokers
Access to compensation schemes for retail traders
Limitations
Strict leverage and marketing rules reduce flexibility
Smaller pool of licensed brokers compared to offshore regulators
Only French-language support for some services
Country
France
Established
2003
Contact
+33 (0)1 53 45 62 00
Complaint bodies
Autorité des Marchés Financiers (AMF) Médiateur de l'AMF (AMF Ombudsman)
Hotline
+33 (0)1 53 45 62 00
Complaint email
Last updated on: March 26, 2025
High Risk Warning : Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.