Best Financial Markets Authority (AMF) Regulated Brokers 2025

We’ve tested and ranked the top brokers regulated by the Financial Markets Authority (AMF) in France, ensuring high standards of trust and reliability.

Author Image Writer
Royston Wild
Checker Image Fact Checker
Tobias Robinson
Editor Image Editor
James Barra
Showing top 2 of 2 matching brokers.
  1. 1
    Trust Platform Assets Fees Accounts Research Education Mobile Support 4.0
    eToro is a leading platform for trading various assets like CFDs, stocks, and cryptocurrencies. Established in 2007, it has millions of users worldwide and is regulated by top authorities like the FCA and CySEC. The brand is well-known for its social trading features. Crypto Trading is offered through eToro USA LLC; investments involve market risk, including potential loss of principal. CFDs are not available in the US. Crypto investments are risky and highly volatile. Taxes may apply. Understand the risks here. 61% of retail accounts lose money.
    Demo Account
    Yes
    Minimum Deposit
    $100
    Minimum Trade
    $10
    Leverage
    1:30 EU
    Copy Trading
    Yes
    Regulator
    FCA, ASIC, CySEC, FSA, FSRA, MFSA, CNMV, AMF
    Instruments
    Stocks, ETFs, Options, Crypto
    Platforms
    eToro Web, CopyTrader, TradingCentral
    Account Currencies
    USD, EUR, GBP
    Automated Trading
    Automate your trades via CopyTrader - follow profitable traders. Open and close trades automatically when they do.
    AI
    Yes
    Guaranteed Stop Loss
    No
  2. 2
    Trust Platform Assets Fees Accounts Research Education Mobile Support 4.0
    Saxo Markets is a renowned trading brokerage, investment firm and bank. It offers over 72,000 trading instruments, investment products, and managed portfolios, ensuring ample opportunities for clients. It operates under the regulation of more than ten agencies including FINMA, FCA & ASIC, thus providing the best protection. The firm is well-known for its transparent pricing.
    Demo Account
    Yes
    Minimum Deposit
    No
    Minimum Trade
    Vary by asset
    Leverage
    1:30
    Copy Trading
    No
    Regulator
    DFSA, MAS, FCA, SFC, FINMA, AMF, CONSOB
    Instruments
    Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, warrants, bonds, ETFs
    Platforms
    TradingView, ProRealTime
    Account Currencies
    USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF
    Automated Trading
    No
    AI
    No
    Guaranteed Stop Loss
    No

Compare the Best AMF-Regulated Brokers

Broker
US Flag
USD Account
Demo Account
Minimum Deposit
Minimum Trade
Leverage
Copy Trading
Regulator
Instruments
Platforms
Account Currencies
Automated Trading
AI
Guaranteed Stop Loss
eToro
$100 $10 1:30 EU FCA, ASIC, CySEC, FSA, FSRA, MFSA, CNMV, AMF Stocks, ETFs, Options, Crypto eToro Web, CopyTrader, TradingCentral USD, EUR, GBP Automate your trades via CopyTrader - follow profitable traders. Open and close trades automatically when they do.
Saxo Bank
Vary by asset 1:30 DFSA, MAS, FCA, SFC, FINMA, AMF, CONSOB Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, warrants, bonds, ETFs TradingView, ProRealTime USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF
Broker
US Flag
USD Account
Demo Account
Minimum Deposit
Minimum Trade
Leverage
Copy Trading
Regulator
Instruments
Platforms
Account Currencies
Automated Trading
AI
Guaranteed Stop Loss

Safety Comparison

Compare how safe the Best Financial Markets Authority (AMF) Regulated Brokers 2025 are.

Broker
Trust Rating
Guaranteed Stop Loss
Negative Balance Protection
Segregated Accounts
eToro
4.5
Saxo Bank
4.4
Broker
Trust Rating
Guaranteed Stop Loss
Negative Balance Protection
Segregated Accounts

Mobile Trading Comparison

Compare the mobile trading features of the Best Financial Markets Authority (AMF) Regulated Brokers 2025.

Broker
Mobile Apps
iOS Rating
Android Rating
Smart Watch App
eToro iOS & Android
4.0
3.8
Saxo Bank SaxoTraderGo (iOS, Android, Windows)
4.6
4.6
Broker
Mobile Apps
iOS Rating
Android Rating
Smart Watch App

Comparison for Beginners

Compare how suitable the Best Financial Markets Authority (AMF) Regulated Brokers 2025 are for beginners.

Broker
Demo Account
Minimum Deposit
Minimum Trade
Education Rating
Support Rating
Fractional Shares
Demo Competitions
eToro $100 $10
4.0
2.5
Saxo Bank Vary by asset
3.5
3.5
Broker
Demo Account
Minimum Deposit
Minimum Trade
Education Rating
Support Rating
Fractional Shares
Demo Competitions

Comparison for Advanced Traders

Compare how suitable the Best Financial Markets Authority (AMF) Regulated Brokers 2025 are for advanced or professional traders.

Broker
Automated Trading
VPS
API
AI
Pro Account
Leverage
Low Latency
Extended Hours
eToro Automate your trades via CopyTrader - follow profitable traders. Open and close trades automatically when they do. 1:30 EU
Saxo Bank 1:30
Broker
Automated Trading
VPS
API
AI
Pro Account
Leverage
Low Latency
Extended Hours

Accounts Comparison

Compare the trading accounts offered by Best Financial Markets Authority (AMF) Regulated Brokers 2025.

Broker
Demo Account
Interest on Cash
Islamic Account
Joint Account
Managed Account
PAMM
MAM
LAMM
Pro Account
eToro USD: 5.3%
Saxo Bank USD: 4%, GBP: 3.9%, EUR: 2.6%
Broker
Demo Account
Interest on Cash
Islamic Account
Joint Account
Managed Account
PAMM
MAM
LAMM
Pro Account

Detailed Rating Comparison

Compare how we rated the Best Financial Markets Authority (AMF) Regulated Brokers 2025 in key areas.

Broker
Trust
Platforms
Assets
Mobile
Fees
Accounts
Research
Education
Support
eToro
4.5
2.8
3.8
3.9
3.4
4.1
4.3
4.0
2.5
Saxo Bank
4.4
3.8
4.2
4.6
3.5
3.0
3.5
3.5
3.5
Broker
Trust
Platforms
Assets
Mobile
Fees
Accounts
Research
Education
Support

Fee and Cost Comparison

Compare the cost of trading with the Best Financial Markets Authority (AMF) Regulated Brokers 2025.

Broker
Cost Rating
Fixed Spreads
Inactivity Fee
CFD Stocks Spread
EUR/USD Spread
Crypto Spread
eToro
3.4
$10 0.57 (Apple) 0.9 BTC 1%
Saxo Bank
3.5
0.10% (subject to min commission) 0.2 (varies by region) Variable
Broker
Cost Rating
Fixed Spreads
Inactivity Fee
CFD Stocks Spread
EUR/USD Spread
Crypto Spread

Broker Popularity

See how popular the Best Financial Markets Authority (AMF) Regulated Brokers 2025 are in terms of number of clients.

Broker Popularity
eToro
38,000,000
Saxo Bank
1,000,000

Why Trade With eToro?

eToro's social trading platform ranks highly due to its excellent user experience and active community chat, useful for beginners seeking trading opportunities. The platform also offers competitive fees on a vast selection of CFDs and actual stocks, alongside beneficial rewards for skilled strategy contributors.
Christian Harris
Review Author

Pros

  • eToro is a well-known brand with strong global regulation and a community of over 25 million users.
  • There is a complete online training academy offering easily accessible resources, including short articles and detailed courses.
  • Top copy traders can earn up to 1.5% annually on copied assets in the broker's Popular Investor Program.

Cons

  • The minimum withdrawal amount is $30 with a $5 fee, impacting beginners with little capital.
  • Contact options are limited, except for the in-platform live chat.
  • The absence of extra charting platforms like MT4 may reduce the appeal for experienced traders used to third-party software.
Go to eToro
61% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Why Trade With Saxo Bank?

Saxo is ideal for frequent traders and large-scale investors due to its extraordinary range of tools, high-quality market research, and fee discounts. Moreover, its offering of 190 currency pairs with narrow spreads makes it suitable for forex traders.
Christian Harris
Review Author

Pros

  • Sophisticated proprietary trading platforms with extensive charting options and advanced analytical tools.
  • You can use thorough analysis tools like TradingView and Updata for trading.
  • The ISA account is easily available and adaptable, without any charges for initiating or concluding transactions.

Cons

  • To view Level 2 pricing, a subscription is necessary.
  • The trading accounts require substantial funding.
  • Do not accept clients from certain regions, specifically the US and Belgium, for trading activities.
Go to Saxo Bank
66% of retail accounts lose money.
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How BrokerListings.com Selected the Top AMF Brokers

To determine the best brokers regulated by the AMF (Autorité des Marchés Financiers), France’s primary financial regulator, we followed three key steps:

  1. Regulatory Verification: We confirmed each broker’s AMF registration via the official database, ensuring compliance with French financial regulations and the broader MiFID II framework.
  2. Broker Evaluation: Using our in-house broker assessment model, we analyzed over 200 criteria, from execution quality and fee structures to platform stability and client fund protections.
  3. Practical Testing: Beyond regulatory checks, we carried out hands-on testing to evaluate how these AMF-regulated brokers perform in actual trading conditions.

BrokerListings.com Broker Testing Methodology

What Is The AMF?

France’s financial markets are tightly supervised and regulated by the Autorité des Marchés Financiers, or AMF for short.

Translated as the Financial Markets Authority in English, the AMF was created in 2003 to unify the powers of three separate organizations – the Conseil des Marchés Financiers (CMF), the Commission des Opérations de Bourse (COB), and the Conseil de Discipline de la Gestion Financière (CDGF) – under a single body.

The AMF’s remit covers three main areas: “to safeguard investments in financial instruments and other publicly issued securities, to ensure that investors receive material information, and to maintain orderly financial markets.”

Under BrokerListings’ broker regulator classification system, the AMF is categorized as a Category A outfit. This means traders and investors can expect high levels of protection from bad business practices and fraudulent actors.

Part of the regulator’s mandate involves issuing licenses to financial services companies including online brokerages, monitoring their activities, and taking enforcement action if it deems that rules have been broken.

What Powers Does The AMF Have?

The AMF says that its investigators and inspectors “work closely with other French and foreign authorities that supervise the banking and finance industries.” Based on their findings, they can implement settlement proceedings or slap sanctions on individuals and financial services providers.

It has wide ranging powers to make its conclusions, and can seize documents and conduct home visits subject to approval from the custodial judge of the competent court.

The regulator has a range of actions it can initiate based on the outcome of its investigations. These include:

  • Serving a statement of objections to the defendant and proposing a settlement.
  • Serving a statement of objections to the defendant and opening sanction proceedings.
  • Assigning the case to other French or foreign administrative authorities for matters within their jurisdiction.
  • Transferring the case to the Public Prosecutor’s Office if the report suggests a criminal offence has taken place.
  • Sending a letter of observations to the defendant to remind them of their obligations.

One of the AMF’s most notable cases involved Polish broker X-Trade Brokers Dom Maklerski. In November 2021, it fined the company €300,000 for failures in the marketing and dealing of contracts for difference (CFDs) by its French branch between 2013 and 2020.

Breaches included failing to include clear risk warnings in Google advertisements, and asking insufficient questions about clients’ knowledge and experience.

In 2024, the AMF successfully executed 12 enforcement decisions, resulting in total fines of €34.94 million. It also had the same number of settlement agreements approved, amounting to a total of €2.39 million.

What Rules Must An AMF Broker Follow?

AMF’s regulatory principles follow those laid down in the Markets in Financial Instruments Directive II (MiFID II).

This piece of legislation was introduced by the European Securities and Markets Association (ESMA) during the late 2010s, and was designed to harmonize the regulatory regimes of European Union members including France.

MiFID II rules require that “member States shall require that, when providing investment services or, where appropriate, ancillary services to clients, an investment firm act honestly, fairly and professionally in accordance with the best interests of its clients.”

In practical terms, this means brokerages should strive to:

  • Achieve the best result for their customers. This is based on a range of factors including asset prices and trade execution speed.
  • Ask appropriate questions to ensure that the product or service discussed is suitable based on the customer’s knowledge and experience.
  • Clearly communicate the risks that online trading poses to individuals’ money.
  • Ensure that all advertising and marketing material is transparent, fair, and not misleading.
  • Separate the firm’s assets from those of the client, so that customers’ capital is protected should the company go bust.
  • Establish clear and effective procedures if customers wish to raise a complaint.
  • Maintain comprehensive records of the services, trades and other activities conducted on behalf of the client.

How Can I Check If A Brokerage Is AMF Regulated?

The regulator doesn’t itself operate a catalogue of companies that are licensed to trade. Instead, individuals can check a broker’s regulatory status by using the Registre des Agents Financiers (REGAFI).

The catalogue is maintained by the Autorité de contrôle prudentiel et de resolution (ACPR), which translates as the French Prudential Supervision and Resolution Authority in English. This is an independent administrative authority that receives backing from the Banque de France.

For example, I wanted to check that a brokerage I’m considering – eToro – is authorized by the AMF. I can carry out a quick search, or a more advanced one, using the options below:

Opening up the REGAFI database

The homepage of REGAFI’s online database. Source: ACPR

In this case, I used the Quick Search option, punching in the company’s name and then hitting Submit. My investigation yields the following result:

Locating eToro in REGAFI

Finding eToro. Source: ACPR

After clicking on ‘Etoro (Europe) limited’ in the name field, I’m greeted with a Company Description providing basic details including date of registration. I can also click on the Activities Based In France tab to find out what functions the broker is authorized to carry out:

eToro's registered details

eToro’s profile on the REGAFI catalogue. Source: ACPR

The whole process was simple to conduct, and took less than a minute to complete.

Pro tip: The AMF also publishes blacklists of companies and websites online. Individuals can check up-to-date additions to these lists on its webpage, as well as download full lists according to asset class (such as forex and cryptocurrency assets).

The regulator also maintains a warnings page to keep the public informed about possible scams and suspicious activities.

Bottom Line

France’s robust regulatory landscape means investors can expect high levels of protection from AMF-approved brokers. Checking a brokerage’s approval status is simple and quick, and an essential step given the rising threat of financial services fraud.

Article Sources

Autorité des Marchés Financiers (AMF)

Our missions – AMF

Creation of the Autorité des marchés financiers – AMF

Investigate and Inspect – AMF

The AMF Enforcement Committee fines a Polish investment service provider for breaches of its professional obligations – AMF

The AMF publishes its 2024 Annual Report – AMF

European Securities and Markets Association (ESMA)

MiFID II – ESMA

Registre des Agents Financiers (REGAFI)

Autorité de contrôle prudentiel et de resolution

Banque de France

Blacklists of unauthorized companies and websites: Forex, binary options, miscellaneous goods, crypto-assets derivatives, usurpations – AMF

Warnings – AMF