AMF Warns Against Unregulated Forex Broker BoomForex and Others in France

The AMF and the ACPR are publishing a list of new websites and entities offering investments on the unregulated foreign exchange (Forex) market in France, without authorisation to do so.

Here is the list of new websites recently identified:
- www.x90.com / X90
- www.mt4invest.com / MT4 INVEST
- www.gss-fi.eu / GSS FINANCIAL
- www.boomforex.net / BOOM FOREX
- www.promfx.com / PROMFX

A list of all unauthorized websites to offer investments on the unregulated foreign exchange (Forex) market is available in the AMF's website (section: Epargne Info Service > Placements a haut risque ou arnaques : les conseils de l'AMF > Listes noires des sites non autorises) and Assurance Banque Epargne Info Service ABE IS's website (section: Actualites et alertes > Alertes).

These websites may change very quickly and this list is not intended to be exhaustive.

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).

If the intermediary in question is not on any of the last two 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.