France is one of Europe’s biggest, most dynamic and potentially most rewarding Forex markets. It is also one of the most conservative, in regards to the rules and regulations guiding the activity. At the center of what can only be called a massive anti-Forex push, is the local financial regulatory agency, AMF (Autorite de Marches Financiers), which is indeed one of the strictest and most draconic such authority in Europe. The AMF has traditionally aimed to guide the French public away from investments entailing high risk and high reward, towards the much more conservative stock market. The regulator is fairly certain that the advertising practices employed by some of the operating Forex brokers in France are unfair, as they tend to downplay the financial risks associated with the activity, focusing instead on the potential rewards.

Forex brokers in France who have run afoul of the AMF are added to a backlist, which currently holds quite a few operators. This list is constantly updated, as the AMF uncovers new rule-breakers.

The reasons behind the heavy-handedness of the AMF are very real though, and well argued. Back in 2014, the authority conducted a study, according to which, 9 out of 10 French Forex traders had lost money during the period spanning the previous 5 years. The losses were massive too, averaging out at more than EUR 10k per person. It is also true though that most of those losses were to unlicensed Fx brokerages located outside the jurisdiction of the AMF. There are a fair number of Forex brokers authorized by the AMF to offer financial intermediary services in France.


Broker Features Regulator Platforms Next Step
Number One Broker Forex.com logo74% of clients lose money. Capital at risk. Founded: 1999

- Trusted Global Market Leader
- Online FX & CFD Trading
- 180+  Global Markets, 84 FX pairs, 65 shares, 17 popular indices and more
- Forex, Indices, Commodities, Equities & Bitcoin
- Available to US traders

CFTC, CIMA, FCA, FSA, IIRO, NFA FOREXTrader & MT4 for PC, MAC, iPhone, iPad and Android, WebTrader
Oanda Logo77% of retail CFD accounts lose money Founded: 1996
Your capital is...
  • Choose from four high-quality platforms.
  • Good trading conditions with fast execution speeds
  • Excellent research and analysis
  • Strong client protection
  • Winner of Most Popular Broker award for three consecutive years.
  • Fees and commissions are inline rather than market-leading.
  • Satisfactory rather than impressive range of instruments.
ASIC, CFTC, FCA, IIROC, JFSA, MAS fxTrade, MT4
eToro LogoYour capital is at risk Founded: 2019

- Trade 15 cryptocurrencies
- Beginner friendly

- eToro

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