AMF has begun an online publicity campaign to increase public awareness of the risks of rapport poranny forex exchange in the forex market. It has also published an exclusive study that evaluates returns from forex investments for the first time. Nine private clients out of ten lose money For the study, AMF analysed data from authorised firms making up a very significant part of the CFD and forex market in France.
In addition to the great majority of losing clients and the losses suffered, the study shed light on a behavioural phenomenon: individual investors learn little over time. Indeed, it appears that the most active and regular investors see their losses mount over time. Benoît de Juvigny, AMF Secretary General. Online forex trading: risk of scams for the general public Marketing ploys by illegal operators While online trading in the foreign currency market with regulated operators leads to losses for the majority of clients, individual investors must also be wary of fraudsters in the market. Numerous firms operate in France without the authorisations required to offer services to the public. The AMF takes legal action For several years, the AMF has used a variety of methods to inform the public and make it aware of the situation, including publishing online lists of illegal websites and working with judicial authorities, as well as conducting supervisory visits and investigations at some firms.
The AMF has taken legal action to block access for Internet users in France to certain sites offering services without proper authorisation. We laud this decision, which constitutes a new measure initiated by AMF in our battle against this phenomenon. Natalie Lemaire of the AMF’s Retail Investor Relations Directorate. Foreign exchange trading is a market that individual investors should avoid.