These Brokers Have Been Flagged by the AMF. Here’s What You Should Know

Online trading can be an effective way to grow your savings, but only if it’s done right. This means being careful about which brokers you work with and researching brokers carefully before opening an account. 

The first thing to look for is a license. These licenses are issued by regulators who take steps to ensure that the broker is following certain rules, deal with consumer complaints and can take disciplinary action, in some cases, against brokers. 

Without a license, there is no regulator who can monitor the broker and ensure the activities of the broker and if you have lost money with them, it is difficult to seek recourse. 

One important role regulator’s play is to monitor the market and warn the public about brokers who are unlicensed or are engaging in unethical and sometimes criminal activities. We have created and constantly update this list of brokers to keep you informed about the reality of broker scams and to protect you against fake and unscrupulous trading services. 

About the AMF

The AMF or the Autorite Des Marches Financiers is an independent public authority based in France. They were established in 2003 for the purpose of 

  • safeguarding investments and savings in financial services and products
  • Provide information about financial services
  • Maintain and regulate financial markets

The AMF operates under the authority of the Markets in Financial Instruments Directive (MiFID). It also provides licenses to brokers after they fulfill certain criteria or take a course. They regularly inspect their licensed brokers and ensure they are fulfilling reporting requirements and are following certain guidelines. 

The AMF, like other regulators, notifies the public about brokers and financial services that are violating rules or are unlicensed. 

Why Did the AMF Flag These Brokers?

The following list of brokers were flagged by the AMF. These financial services have come to the attention of this regulator for one or more of the following reasons:

  • No license
  • Non-Compliance with Regulations
  • Unsupported claims
  • Customer Complaints
  • License revocation 
  • Clone brokers

This isn’t a complete list of issues with these brokers, but they are the common reasons AMF may warn the public. 

The AMF may flag an unlicensed broker for working with clients in areas it has no license to operate. Often, these customers are in the areas and countries the AMF regulates, namely, France. The broker may be based in France or claim to be or have French customers, but without a license to work with these clients. Non-compliance with regulations could refer to a variety of problems, including not abiding by laws that govern French and European brokers. 

Unsupported claims are common among fraud brokers. For instance, they may falsely claim they have credentials they don’t or can give false guarantees of returns on investment. Many brokers get flagged because AMF has received many customer complaints about them. Also, the regulator will notify the public if they have revoked a broker’s license. 

currenxro.com/fr Review 

currenxro.com/fr Review |Recover Funds Now Why Has AMF Flagged currenxro.com/fr? Does AMF’s Alert Mean That currenxro.com/fr Is a Scam Broker? We’ve Found Some Problems with

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cryptofundfx.com Review 

cryptofundfx.com Review |Recover Funds Now Why Has AMF Flagged cryptofundfx.com? Does AMF’s Alert Mean That cryptofundfx.com Is a Scam Broker? We’ve Found Some Problems with

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agkapital.com Review 

agkapital.com Review |Recover Funds Now Why Has AMF Flagged agkapital.com? Does AMF’s Alert Mean That agkapital.com Is a Scam Broker? We’ve Found Some Problems with

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standpointfinance.com/#home Review 

standpointfinance.com/#home Review |Recover Funds Now Why Has AMF Flagged standpointfinance.com/#home? Does AMF’s Alert Mean That standpointfinance.com/#home Is a Scam Broker? We’ve Found Some Problems with

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orangefx247.com Review 

orangefx247.com Review |Recover Funds Now Why Has AMF Flagged orangefx247.com? Does AMF’s Alert Mean That orangefx247.com Is a Scam Broker? We’ve Found Some Problems with

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nitrocapitals.com Review 

nitrocapitals.com Review |Recover Funds Now Why Has AMF Flagged nitrocapitals.com? Does AMF’s Alert Mean That nitrocapitals.com Is a Scam Broker? We’ve Found Some Problems with

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igmholdings.com Review 

igmholdings.com Review |Recover Funds Now Why Has AMF Flagged igmholdings.com? Does AMF’s Alert Mean That igmholdings.com Is a Scam Broker? We’ve Found Some Problems with

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ftseifc.com/fren Review 

ftseifc.com/fren Review |Recover Funds Now Why Has AMF Flagged ftseifc.com/fren? Does AMF’s Alert Mean That ftseifc.com/fren Is a Scam Broker? We’ve Found Some Problems with

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bitengecko.com Review 

bitengecko.com Review |Recover Funds Now Why Has AMF Flagged bitengecko.com? Does AMF’s Alert Mean That bitengecko.com Is a Scam Broker? We’ve Found Some Problems with

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If You’ve Lost Money to Any of These Brokers, Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with any of these brokers, close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.