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France’s AMF updates warning against binary options brokers

Source: FNG Gerald Segal

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France’s financial regulator AMF has announced that it is warning the public against several companies proposing what it calls “atypical investments”, or offering binary options trading without being authorized to do so.

The AMF stated that the following is the list of the new websites recently identified in the atypical investments category:

www.gfoltd.com;
www.glb-groupe.com;
gb-patrimoine-paris.com;
www.patrimoine-partenaires.com;
www.nortia-groupe.com;
vinneo.fr;
corsaircpl.com;
www.pjp-epargne-whisky.com;
www.opp-capital.com/;
www.sudfactoring.com/;
one-parking.co.uk;
https://octogroupe.com;
https://alphani-ltd.com;
dma-finance.com;
www.gemicpl.com;
www.cap-de-france.com/index.html;
www.mage-champagne.com;
www.ml-capital.fr

A new website was added in the binary options trading category:

24primeoption.com

The AMF reminds that the marketing, distribution and sale, in France or from France, of binary options to retail investors are prohibited.

Since January 1, 2020, the AMF has added 70 websites to its list of unauthorized entities proposing atypical investments. Over the year 2019 as a whole, 112 names were added.

These websites may change very quickly and these lists presented in alphabetic or thematic order are not intended to be exhaustive.

Any offer to invest in miscellaneous assets must be registered with the AMF to be marketed. The white list of offers recorded in miscellaneous assets is available on the AMF website.

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