France's AMF Issues Warnings Against GCI Financial, InstaForex, and Numerous Other Online Forex Brokers

The Autorite de Controle Prudentiel et de Resolution (ACPR) and the Autorite des Marches Financiers (AMF) are publishing a new updated list of websites and entities offering investments on the unregulated foreign exchange (Forex) market in France, without authorisation to do so. This news release is the thirteenth warning issued by the AMF and ACPR since 7 July 2011 (*).

NB: these websites may change very quickly and this list is not intended to be exhaustive.The updated list is as follows:
- www.astonforex.com / Marketrade Ltd
- www.bancmarkets.com / Marketing Accounting Ltd
- www.bclaysmarkets.com / Bclays Markets
- www.brokerandco.com / Sisma Capital Limited
- www.colbertcap.com / Colbert Capital
- www.expertdania-investissement.com / Expert Dania Investissement Ltd
- www.euromaxfinance.com / Euromax Finance Limited
- www.finanzasforex.com / Evolution Market Group Inc
- www.forextrada.com / Forextrada
- www.ftradition.com / G.M.E Ltd
- www.fxcapitalbank.com / Capital Market Limited
- www.fxcmanagement.com / Fxcmanagement
- www.fxntrade.com / Genus Group Ltd
- www.gcitrading.com / GCI Financial Limited
- www.globuscapitallimited.com / Globus Capital Associates Limited
- www.haussman-invest.com / Haussman Invest
- www.ia-patrimoine.com / IAP Ltd
- www.icmtrading.com / iTrade Capital Markets Ltd
- www.ikkotrader.com / IP International service
- www.instaforex.com / InstaForex Companies Group
- www.investcapitalmarkets.com / ICM Worldwide Ltd
- www.itcfx.com / Investment Formula Corporation
- www.ixitrade.com / Ixitrade
- www.justrader.com / MT Capital Partners
- www.lambergkapital.com / Original Markets Ltd
- www.mhoptions.com / Morgan & Hilt
- www.mutual-broker.com / Mutual Broker
- www.netcfd.com / Centaure Capital Partners Ltd
- www.newtradefx.com / Financial Strategy Holdings
- www.oxfordmarkets.com / Oxford Markets
- www.privilegetrading.com / Bio Stars Advisors Inc
- www.strategiesolution.com / Strategie Solution Ltd
- www.tmarkets.com / T Markets
- www.traderplace.com / Trader Place
- www.trader369.com / IP International Service AJ
- www.ubtforex.com / UBT Forex Ltd

To ensure that the intermediary offering banking or financial products or services is authorised to operate in France, you can view the register of financial agents (https://www.regafi.fr) or the list of authorised intermediaries in the financial investment advisor (FIA) or participating investment advisor (PIA) categories (https://www.orias.fr/search). Before committing yourself, you should always check that the financial intermediary offering or recommending investments features on the list of financial institutions authorised to do business in France (https://www.regafi.fr).

If the intermediary in question is not on these lists, we strongly recommend that you should not make use of their services, as they are in breach of the applicable legislation and are not required to comply with basic rules of investor protection, information disclosure and claims handling.