Abstract:The French regulator AMF has issued a warning against five unlicensed brokers. Investors are encouraged to verify the list to protect themselves from fraud.
The French regulator AMF has issued a warning against five unlicensed brokers. Investors are encouraged to verify the list to protect themselves from fraud.
1. Luxtious / Luxtious Trading Platform
2. DK Global Forex Limited
3. Xevago
4. Profititerra
5. Innvester
AMF has blacklisted these companies for providing financial services or products without proper authorization.
5 Ways to Stay Safe in the Forex Market
1. Trade Only with Regulated Brokers
2. Avoid “Too Good to Be True” Offers
3. Stay Informed & Educated
4. Verify Before You Invest 5. Avoid Unknown Apps and Links
About AMF
The Autorité des Marchés Financiers (AMF) regulates the French financial market place, its participants and the investment products distributed via the markets. It also ensures that investors are properly informed and and is a driving force behind regulatory change at both European and international levels. As an independent public authority, it has regulatory powers and a substantial level of financial and managerial independence.
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