The Autorité des marchés financiers (AMF) publishes and regularly updates several blacklists of sites not authorised to offer financial products in France. The Forex blacklist currently lists more than 400 platforms. The Crypto-assets blacklist lists more than 150. These numbers increase every year.

What a listing on the AMF blacklist means - and what it does not mean - is less straightforward than it appears.

What an AMF blacklist listing means

A listing on the AMF blacklist means the authority has identified a platform as offering financial services in France without authorisation. This listing may result from an investor report, detection by AMF teams, or an alert from another European regulator.

The listing is public, legally significant, and constitutes a serious warning signal. It indicates that the platform is operating outside the French legal framework - without the investor protections that framework provides.

Selection of platforms listed on the AMF blacklist (Forex)

Source: AMF - Forex blacklist updated 07/05/2026. This selection is indicative. The full list is available at amf-france.org.

Platform / siteYear listed
acapitalgroup.co2023
action-sure.com2023
activefinancial.trade2023
alltradingeurope.fr2024
alpexoplus.com2025
alpha-connects.com2026
algo-management.co2023
aifundbtc.com2025
axetradecapital.com2025
b-group.pro2025
belgicainvest.ltd2026
bitictrade.com2022
blkinvesting.com2024
brown-fin.com2023
capexgo.com2026
cbhandlife.com2024
centrale-trader.com2024
cni-group.net2025
corsaircontrol.pro2023
cryptotradetech.net2023
dkglobalfx.com2024
edgefinance.ltd2023
ehamarkets.com2025
eliteai-t.com2025
essentrafinance.com2024
fusionfx-solution.com2024
fin-tradix.com2025
finvoire.com2026
finvestai.org2025
fortuna-invest.com2023

What a blacklist listing does not mean

A blacklist listing does not mean all losses incurred on the platform are recoverable. It does not automatically trigger criminal proceedings. And crucially: the absence of a platform from the blacklist does not mean it is authorised.

The AMF itself states this explicitly: the list cannot be exhaustive. New unauthorised actors appear regularly. A platform can be operational for months, collect significant deposits, and only be listed on the blacklist after the first reports - meaning after investors have already incurred losses.

The structural limit of blacklists for private investors

Blacklists are reactive tools: they document situations already identified as problematic. An independent verification is a proactive tool: it allows signals to be identified before a platform is blacklisted - or before problems have had time to emerge.

These two approaches are complementary. Checking whether a broker appears on the AMF blacklist is a useful and necessary reflex. It is not sufficient to cover the real risk a private investor faces.

What we do

At YMV & Co., we carry out independent verifications on forex and crypto brokers for private individuals. Our analysis goes beyond consulting blacklists: it covers the individuals behind the structure, linked entities, and signals available in international sources - before problems have occurred.