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AMF and ACPR Warn Against Unauthorised Forex and Crypto Firms

France's two financial regulators have published a joint July 2026 blacklist naming Forex and crypto-asset derivatives entities that solicited French residents without authorisation. Here is what the regulators said — and the register checks that protect you before you deposit.

Published 14 July 2026 · By the FX-Brokers Editorial Team

What the regulators published

In a joint news release dated 9 July 2026, the Autorité des marchés financiers (AMF) and the Autorité de contrôle prudentiel et de résolution (ACPR) added a fresh batch of entities to their blacklists of firms and websites offering investments in France without the required authorisation. According to the regulators' list, the update covers 15 Forex entities and 11 crypto-asset derivatives entities soliciting French residents.

The AMF and ACPR state that these entities are not authorised to provide the relevant investment services to the public in France. We are reporting the regulators' published list; the naming is theirs, not an independent finding by FX-Brokers. The full, authoritative roster — the only version you should rely on — is on the AMF website:

Primary source

AMF news release, 9 July 2026 — “AMF and ACPR warn the public against several entities offering investments in France without authorisation”. The blacklist is maintained by the regulators and updated regularly; consult it directly rather than any third-party copy.

For context on how such solicitation typically reaches consumers, the AMF has repeatedly reported hundreds of millions of euros in annual losses from unauthorised online-trading offers, usually promoted through social media advertising, messaging apps, and cold contact. The July 2026 update is a routine but material addition to a list the regulators refresh throughout the year.

A note on the named entities

We are deliberately not reproducing the full list here. It runs to 26 names across two categories, it changes as the regulators add and remove entries, and the only reliable version is the live AMF page linked above. Reproducing a static copy risks going stale and adds no value over the primary source.

What matters for a reader is not the specific names but the pattern the AMF and ACPR describe: firms presenting themselves as Forex or crypto-derivatives brokers, soliciting French residents, and operating outside French authorisation. The regulators' consistent guidance is to verify authorisation on the official registers before engaging with any such firm — which is exactly what the next section covers.

How to verify a firm is authorised

A blacklist tells you which firms to avoid. A register tells you which firms are legitimate — a stronger, more durable check. Before depositing with any Forex or crypto-derivatives provider soliciting you in France or the wider EU, run these steps.

1. Check Regafi (France)

Regafi (regafi.fr) is the official register of financial firms authorised to operate in France. Search the exact legal entity name and confirm the firm is listed with permission to provide investment services. If it is not on Regafi and claims to serve French clients, treat that as a red flag.

2. Check the AMF lists and ORIAS

The AMF (amf-france.org) publishes both its blacklists and its lists of authorised intermediaries. ORIAS (orias.fr) is the register for insurance, banking, and finance intermediaries. A firm that solicits you should appear on the appropriate register with a live authorisation, not merely claim one.

3. Check the ESMA register for EU passporting

Many EU brokers operate in France by passporting a licence held in another member state (Cyprus, Germany, Ireland). ESMA's registers and databases aggregate authorised MiFID firms and the home national competent authority. Confirm the passporting entity and the home regulator (for example CySEC, BaFin, or the Central Bank of Ireland) match what the broker claims.

4. Match the exact entity name and domain

Clone firms reuse the name and licence number of a genuinely authorised broker but operate from a lookalike domain. Compare the legal entity name and website against the register entry character by character. A hyphen, an extra word, or a swapped top-level domain (.com for .eu) is enough to tell a clone from the real firm.

The full verification methodology

This is the news; the method is evergreen. Our detailed guide walks through every red flag, the register checks for each EU regulator, clone-firm detection, and what to do if you have already deposited with an unauthorised firm.

How to Spot a Forex Scam in Europe

If you have already engaged with a listed firm

If you recognise a firm you have deposited with on the AMF and ACPR blacklist, stop sending funds immediately — including any “fee” or “tax” demanded before a withdrawal, which is a common further-extraction tactic. Document everything: the website, correspondence, transaction references, and the names used by anyone who contacted you.

Report the solicitation to the AMF through its consumer channels, contact your bank or card provider about a possible chargeback, and be alert to “fund recovery” operators who cold-call victims — they are frequently a second scam. The steps are set out in full in our scam-verification guide.

Start from an authorised broker

The surest way to stay off a blacklist's wrong side is to begin with a broker whose EU authorisation is verifiable. For French residents, our comparison of the best Forex brokers in France lists providers with confirmed EU regulation, alongside the entity and licence details you can check against the registers above.

Frequently asked questions

What did the AMF and ACPR announce in July 2026?
On 9 July 2026, the Autorité des marchés financiers (AMF) and the Autorité de contrôle prudentiel et de résolution (ACPR) issued a joint news release adding entities to their blacklists of websites and firms not authorised to offer Forex or crypto-asset derivatives to French residents. The regulators state these entities were soliciting French investors without the authorisation required under French and EU law. The complete list is published on the AMF website.
Does being on the AMF blacklist mean a firm is a scam?
The AMF and ACPR state that the listed entities are not authorised to provide the relevant investment services to the public in France. A firm can be unauthorised without the regulators making a formal finding of fraud. The practical consequence is the same for a consumer: an unauthorised firm sits outside French supervision, and clients have no access to the mediation, compensation, or conduct protections that apply to authorised providers. Always treat solicitation by an unauthorised firm as a serious warning sign.
How do I check whether a Forex broker is authorised in France?
Use the official registers directly. Regafi (the register of financial firms) and the AMF's own lists confirm whether an investment services provider is authorised to operate in France. ORIAS covers intermediaries. For firms passporting in from another EU state, the ESMA registers and the home national competent authority's register confirm the authorisation. Cross-check the exact legal entity name and the website domain — clone firms copy a real licence but operate from a lookalike address.
The list only covers France — why does it matter elsewhere in the EU?
Unauthorised operators rarely target a single country. Entities named by the AMF and ACPR frequently appear on the warning lists of other EU regulators and are aggregated in ESMA's investor-warning database. The verification method is identical across the bloc: confirm the entity on the relevant national register and ESMA before depositing, regardless of which country you trade from.

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