All Share (J203) = 89 519
Rand / Dollar = 18.18
Rand / Pound = 23.51
Rand / Euro = 19.78
Gold (usd/oz) = 3 023.65
Platinum (usd/oz) = 976.40
Brent (usd/barrel) = 72.13
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

26 Best AMF Forex Brokers – ( Reviewed ) 2025

 

When choosing a broker licensed to operate in France, it is important to select one licensed by the AMF (Autorité des Marchés Financiers), the regulator for the financial markets in France. Here is a list of the 26 Best AMF Forex Brokers.

In 2003 the AMF was started. It was started as an independent public agency by the Financial Security Act. AMF brokers are highly regulated causing the French financial market to be fair and transparent.

France is part of the European Union and as a result the AMF is subject to the rules and regulations of the EMIR (The European Market Infrastructure Regulation).

All brokers licensed to any European regulatory body can operate in the European financial market.

Since its inception in 2003 the AMF has supported and recommended retail investments in stocks resulting in a lot of stock market brokerage operations opening in France.

Many of these operations have not been licensed by the AMF. This has caused a large number of complaints from investors causing the AMF to investigate the retail market extensively.

They have found that Forex brokers are promising investors returns that are not realistic and downplaying the risks. There is currently a blacklist of Forex companies not allowed to do business in France.

To keep the market free from fraudulent activity they have also closed down a number of overseas and local websites.

A list of licensed Forex companies is available online from the Financial Agents Register. The list is known as the REGAFI.

It is kept up to date by the AMF on a daily basis and allows all investors to check the status of any AMF Forex broker and investment firm licensed and authorized to provide investment services.

We have put a list together of the 27 Best AMF regulated Forex brokers to choose from.

 

A review about Alpari
 

Alpari

Alpari founded in 1996 is one of the largest brands in the Forex industry. Its main office is in Auckland, New Zealand.

Alpari is licensed and is under the regulatory bodies of the Financial Services Authority (FSA) and CySEC.

Alpari has 2 million active clients across 150 countries. Alpari provides a wide range of services like guidance, advice, and educational material for advanced and beginner traders.

 

Features

  • Regulated offshore by (FSC Mauritius)
  • Choice between ECN and market-maker models
  • Maximum leverage of 1000 to 1
  • Over 60 Forex currency pairs

 

Pros and Cons

Pros Cons
Safe company to trade with – member of NAFD Research tools are limited
Advanced technology Does not accept clients from USA, Japan, Russia and more
No deposit fees
Educational tools are vast
Trading platform is compatible

 

A review about FXTM
 

FXTM

FXTM was founded in 2011 and is well known among traders all over the world.

When it opened it intended to provide its clients with technologically advanced trading platforms. This broker has been able to meet the needs of all types of traders, advanced and beginners.

FXTM is constantly striving to improve with new market inventions and exciting offers for traders.

FXTM is regulated by different watchdogs around the world and is managed by different companies in different countries. Regulation bodies FXTM has licenses with are CySEC, FSCA, FCA,

 

Features

  • 200+ instruments
  • Attractive bonuses
  • Prizes for active traders
  • Good trading conditions

 

Pros and Cons

Pros Cons
Excellent customer service Withdrawal fees are high
Sign up process is simple Inactive account penalties
Great educational materials Product range is limited
   

 

FP Markets Review in south africa
 

FP Markets

FP Markets was established in 2005. It is an Australian brokerage company under the regulator ASIC. The ASIC license, and regulation, provides a safe trading environment for traders.

The Australian broker has also received a CySEC license that allows European clients to trade freely.

The FP Markets head office is in Sydney Australia and the broker serves over 12 000 clients worldwide.

It delivers 13000+ products ranging from Forex, Indices, Commodities, Metals, Bitcoin, Cryptocurrencies and Equity CFDs that are offering competitive spreads and flexible leverage through one account.

VPS hosting, extremely fast execution speed and a no dealing desk (NDD) execution model create ideal trading conditions for automated trading solutions.

 

Features

  • Offers CFD trading to international clients
  • MT4 and MT5 platforms
  • Direct marketing share trading via Iress trading platform
  • Offers tight spreads
  • Competitive leverage
  • Extremely fast execution
  • VPS hosting
  • NDD execution model

 

Pros and Cons

Pros Cons
Low minimum deposit High Stock CFD fees
36 industry awards over the years Limited range of products
Well regulated (ASIC and CySEC)
Extremely fast deposits & withdrawals
VPS hosting

 

XM.com Review in south africa
 

XM Group

The XM Group is a group of online regulated brokers. The group is highly regulated by CySEC in Cyprus, ASIC in Australia and FCA in the UK. This provides for a safe environment to trade.

The website has fantastic customer support with all queries being answered in multiple languages 24/5.

The XM website has a number of trading options including foreign currencies, commodity, stocks, precious materials etc. They provide 100 financial instruments with numerous currency options.

The broker has more than 60 currency pairs to trade with.

There is a minimum deposit required to start trading which is ideal for beginners.

 

Features

  • Bonus system is fantastic
  • 4 types of accounts
  • Demo account
  • Strong regulation
  • Good reputation
  • Efficient and fast trade execution
  • Good leverage 1:30.
  • No hidden fees

 

Pros and Cons

Pros Cons
Educational tools for beginners are great Product portfolio is limited
Opening digital account is fast Inactive account fee
Bonus system is great
Competitive spread
Easy set-up process

 

A review about AvaTrade
 

AvaTrade

AvaTrade was founded in 2006 and is one of the oldest online brokerages with a reputation for reliability. Their head office is in Dublin, Ireland with sales centres in Dublin, Paris, Milan, Sydney, Mongolia, Tokyo, Madrid, Beijing, Santiago, Nigeria, and Johannesburg.

AvaTrade is licensed to trade with the Central Bank of Ireland, in Europe, the British Virgin Islands, ASIC (in Australia), FSA (Japan), Abu Dhabi and FSB (South Africa).

The company has won numerous awards for “Best Customer Support”, “Best Alert System”, “Best Financial Derivative Trading Provider” and “Best Forex Broker YEAR”

The broker has more than 250 instruments on its platform and a range of automated trading platforms with EA compatibility. Over sixty Forex currency pairs, stock indices, cryptocurrencies, commodities, bonds, individual shares and ETFs.

 

Features

  • Platforms MT4 and MT5
  • AvaTradeGO app
  • Islamic account
  • 250 + instruments
  • Over sixty currency pairs
  • Competitive spreads
  • Trading websites in 20+ languages

 

Pros and Cons

Pros Cons
Trading fees are low Only CFDs, Forex & cryptos on offer
Deposit & withdrawal options are free Low in research tools
Educational tools are excellent Poor telephonic customer support
Account opening is fast and simple Administration fee
No withdrawal fee Inactive account fee

 

A review about GO Markets
 

Go Markets

Go Markets was founded in Australia in 2006 and the Australian watchdog ASIC watches over them. Its head office is in Melbourne, Australia.

This allows for a safe trading environment and all clients’ accounts are in separate trust accounts with leading banks.

With Go Markets traders can trade on 350+ financial CFD instruments covering Forex, Shares, Indices, Metals and Commodities.

There are 2 main account types, the standard account which is commission-free trading with spreads from 1 pip and the GoPlus Account which is commission-based with spreads from 0 pips.

The broker offers a large amount of educational resources through the Go Trading Academy.

 

Features

  • Max Leverage: 1:500
  • Various deposits & withdrawals allowed
  • Tradable assets
  • MT4, MT5 and WebTrader
  • No fixed spreads
  • ECN, Market Maker, No dealing desk, STP
  • Mobile platforms

 

Pros and Cons

Pros Cons
Used by 10 000 + traders Instrument range limited
Regulated by top tier watchdogs Not FCA regulated
Low minimum deposit Only two types of accounts available
Scalping and hedging allowed
Offers STP

 

A review of Exness
 

Exness

Exness has been operating since 2008 and is a leading international CFD/Forex broker.

Exness is regulated by CySEC in Cyprus, FCA in the UK and the FSA in the Seychelles.

The broker offers traders access to more than 120 financial instruments including Crypto, Forex, Stocks and Indices.

Their web platforms have 23 different languages and client service is provide in thirteen languages.

 

Features

  • Tight spreads from 0.1 pips
  • Social trading system
  • No hidden commission fees
  • Trading platform MT4
  • Well regulated
  • Segregated accounts for clients
  • Instant withdrawals

 

Pros and Cons

Pros Cons
Support in multiple languages Inactive account fee
Trading is commission free Withdrawal fee
ECN Forex trading High CFD fee
120 Forex currency pairs  
Highly regulated  
 

 

A HotForex Review in south africa
 

HotForex

HotForex was voted as the Best Online Broker for Asia in 2012. HotForex is located and registered in Mauritius. It is a safe platform to trade as it is also regulated by Financial Services Commission (FSC). HotForex is also licensed to operate in the EU.

The company motto is “Honesty, Openness and Transparency” three features every trader looks for.

Their customer service is excellent with employees speaking multiple languages.

Only EUR and USD can be used to open an account.

 

Features

  • Interesting bonus system
  • Free trading tools
  • Educational material
  • Minimum deposit to start trading is $50
  • Leverage: 1000:1
  • Many payment methods
  • Low spreads from 0.2 pips
  • 40 different currency pairs
  • Numerous trading instruments
  • 6 account types

 

Pros and Cons

Pros Cons
Good customer service Range of instruments limited
Opportunity to trade small volume Not easy to open an account
Strong regulation US clients are not accepted
Premium trader tools available  
   

 

A review about FBS
 

FBS

Financial Brokerage Services (FBS) is an Asian Forex Broker with offices in China, Malaysia, Philippines, Indonesia, Jordan, Vietnam, and Russia.

FBS is under the regulator IFSC in Belize. It has 15 000 000 traders and 410 000 partners and is present in 190 countries worldwide.

The broker is a multi-award-winning broker having received numerous international awards like the Most Transparent Forex Broker – 2018, Best Forex Trading Account 2018, Best Copy Trading Application Global – 2018, Best Forex Broker Asia-2018, Best Investor Education – 2017, Best FX IB Program – China 2017, the Most Progressive Forex Broker Europe 2019, Best Forex Broker Vietnam 2019.

 

Features

  • Low minimum deposit
  • Maximum leverage 1:3000
  • 5 types of accounts
  • Spreads start from 0 pip
  • ECN account offered with tight spreads
  • Full range of payment options
  • Trading instruments include 32 currencies and two metals
  • MT4 & MT5 Trading Platform

 

Pros and Cons

Pros Cons
For account opening deposit is low Higher than normal spreads
Excellent customer service Withdrawal fees
Demo account free Deposit fee
Extremely fast trade execution

 

A review about Trading 212
 

Trading 212

Trading 212 was opened in 2004 originally in Bulgaria but since 2013 has their head office in London.

The broker is licensed and regulated by FCA (UK authority), making it a safe brokerage due to the FCA strict regulations, and the FSC (Bulgarian Financial Supervision Commission).

The trading platforms are intuitive and user friendly. Trading 212 is a CFD and Forex broker and is recommended for traders interested in investing in equities or trading with leveraged FX and CFD products.

 

Features

  • Low minimum deposit
  • No inactive account fee
  • No deposit or withdrawal fee
  • Demo account available
  • Products offered: Stock, ETF, Forex, CFD and Crypto
  • Commission-free stock and ETFs
  • Low CFD fees
  • User friendly platform
  • Negative balance protection

 

Pros and Cons

Pros Cons
Commission free ETFs & real stocks Limited product portfolio
Account opening is quick and easy High EURUSD fee
Excellent trading platform Lacking tools for fundamental analysis
Good daily trading advice Lacking popular asset classes – Bonds or options
   

 

A review of IG Group
 

IG Trading

In 1974 IG Trading was established in the UK and today it is one of the biggest CFD brokers in the world.

It is regulated by a few regulatory bodies worldwide including the UK’s Financial Conduct Authority (FCA) and Germany’s Federal Financial Supervisory Authority (BaFin)

IG is considered a safe environment in which to trade because of the regulatory bodies but also because it is listed on the London stock exchange and discloses its financials.

The IG web trading platform is excellent for beginners and professional traders.

Negative balance protection is provided for Forex spot and CFD trading, but only for retail clients from the EU. Professional and non-EU clients are not covered.

 

Features

  • Inactive account fee charged
  • No withdrawal fee
  • Low minimum deposit
  • Opening an account takes between 1 and 3 days
  • Demo account available
  • Trading fees on commissions, spreads, financing rates and conversion fees
  • No trading fees on withdrawals
  • No fees on inactive accounts

 

Pros and Cons

Pros Cons
Web trading platform is excellent High stock CFD trading fees
Educational tools are superb Product portfolio limited
Withdrawal options are great as are the deposits Customer support is slow
Stock index CFD trading fees are low

 

A review about Tickmill
 

Tickmill

Tickmill was established in 2014 and is a low-cost global Forex and CFD broker.

It is a safe broker to trade with due to its licenses with the FCA in the UK and CySEC in Cyprus.

Opening an account with Tickmill is very easy and they have many free options for depositing and withdrawing funds. Their fees for Forex and CFD are also low.

Tickmill is recommended to clients who prefer trading on MetaTrader trading platforms and who are interested in CFD and Forex trading.

 

Features

  • A number of excellent trading tools
  • Trade 80+ spreads as low as 0.0 pips
  • Educational resources are good
  • Trading instruments: Forex, Stocks, Indices and Oil, Precious Metals and Bonds
  • Competitive commission-based pricing for professionals
  • 4 account types
  • Demo account
  • Islamic account available
  • MetaTrader 4 and WebTrader Forex platforms

 

Pros and Cons

Pros Cons
Low Forex and CFD fees Limited product range
Negative balance protection for retail customers Outdated trading platforms
Excellent educational tools Research tools basic
Customer service available in different formats Does not hold a banking license
Tier 1 and tier 2 jurisdictions making it a safe broker Not listed on stock exchange
Customer support is not 24/7

 

A review about Markets.com
 

Markets.com

Markets.com opened in 2010 and is a global Forex broker. They are regulated across five jurisdictions and offer more than 2200 assets from three trading platforms.

They are overseen by three regulatory bodies: FCA in the UK, CySEC in Cyprus and ASIC in Australia. These regulatory bodies ensure a safe trading environment for any trader.

The CySEC license means that they are subject to the Financial Instruments Directive of MIFID II and the EU’s 4th Anti-Money Laundering Directive.

Both directives mandate participation in the Investor Compensation Fund (CIF) with a maximum coverage of 20 000 pounds.

 

Features

  • Client funds are segregated
  • Negative balance protection
  • Leverage ratios 1:30
  • Free demo account
  • 2200+ assets to choose from
  • Fifteen trading tools

 

Pros and Cons

Pros Cons
Well regulated Low leverage
Trading platforms are excellent Lengthy processing of deposits and withdrawals
Wide range of instruments
Fast execution

 

A review of XTB
 

XTB

XTB is an online CFD, Crypto and Forex broker. Founded in 2002 it has offices in more than 10 countries with its head office in London and Warsaw.

XTB is a highly regulated company with licenses from the UK’s Financial Conduct Authority (FCA) and the Polish Financial Supervision Authority (KNF), CySEC and IFSC

As a result, XTB is considered low-risk.

They are listed on the Warsaw stock exchange and have 140 000 + clients worldwide trading over 1500 global markets.

It offers negative balance protection for Forex spot and CFD trading for clients from the EU. Non-EU clients are not covered.

 

Features

  • 1500+ trading instruments
  • Simpler trading platform MetaTrader 4
  • Good broker for beginner traders
  • User friendly research tools
  • Great customer support
  • Demo account
  • Leverage limited to 1:30 (EU)
  • Min Forex and Crypto CFD trade size of 0.1 lot

 

Pros and Cons

Pros Cons
Platform is award winning Email support poor
Negative balance protection Product portfolio is limited – mostly CFD and FX
Account opening is easy and fast Does not hold a banking license
Top Tier regulated (FCA)
Educational materials

 

A review about Forex.com
 

Forex.com

Forex.com has a long track-record and is regulated by top-tier financial authorities like

the Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA) regulatory bodies.

 

Forex.com is one of the largest retail Forex brokers globally with 71000+ active clients.

The broker operates several subsidiaries worldwide and traders will be helped by the one according to where they live.

Forex.com rates highly alongside the top three Forex brokers. We recommend this broker – for either advanced or new Forex traders – because they offer low commissions plus have excellent tools and research from which to trade Forex.

Forex.com has many accolades in the industry with latest being in 2025 where the broker earned seven awards for being the top broker in various categories including best fees and commissions.

They have a great variety – over 4,500 CFD instruments – to trade with, plus over 180 markets including stocks, commodities, Forex pairs, Cryptocurrencies and indices.

 

Features

  • Both mobile & desktop platforms are excellent
  • Research tools are good
  • Trading view charts
  • 40,000 + clients
  • Highly Regulated
  • Their technical research tools are solid

 

Pros and Cons

Pros Cons
Good range of technical tools Too few products available
Forex fees are low Inactive account fee
Good range of Forex pairs Stock CFD fees are high
Quick account opening Do not have negative balance protection
Quick execution of trades

 

A review about OANDA
 

Oanda

Oanda was founded in 1996 and is an American Forex broker and technology-driven financial services corporation.

The broker is a global corporation with offices in eight financial centres in the USA, Canada, UK, Japan, Singapore and Australia.

Oanda is regulated by 6 regulatory bodies namely CFTC in the USA, FCA in the UK, ASIC in Australia, IIROC in Canada, MAS in Singapore and FFAJ in Japan.

According to these regulatory bodies all client funds are kept in segregated accounts in top tier banks and is protected by negative balance protection.

>Oanda offers both Forex and CFD trading, corporate FX payments and exchange rate services for many organisations and investors.

 

Features

 

·         Web trading platform

·         Good fees

·         Powerful research tools

·         No minimum deposit

·         Transparent pricing

·         Quality market research

·         Limited  product

 

Pros and Cons

Pros Cons
Low fees Customer support slow
Web trading platform simple Limited product portfolio
Digital account opening easy High withdrawal fees
No withdrawal fee in some cases
Regulated by top tier regulators

 

 

A review about Pepperstone

Pepperstone

 

Pepperstone is well known for its selection of third-party trading platforms namely MetaTrader suite, cTrader and a selection of copy-trading platforms.’

The broker is regulated in Australia (USIC) and the UK (FCA). Beginner traders like to use Pepperstone because they do not charge for inactive accounts or a minimum deposit for standard accounts.

Pepperstone provides Forex and CFD traders with pricing that is competitive, excellent customer service, a large selection of third-party platforms including several options for social copy trading.

They have offices in the USA, UK, China and Thailand and their niche offering is for traders who focus on Forex and CFD markets.

 

Features

·         Low Forex fees

·         Good customer service

·         No fees on deposits and withdrawals

·         No inactive account fees

·         No min deposit

·         Large selection of third-party platforms

·         Social copy trading options

·         Negative balance protection

 

Pros and Cons

Pros Cons
Account opening is fast and digital Product offering limited
Low Forex and equity index CFD fees No fundamental research
Non-trading fees low No investor protection outside EU
No deposit fee
Excellent customer service

 

A review about FXCM
 

FXCM

FXCM has been operating for 20+ years and in that time, it has acquired several awards and titles and thousands of traders.

It was opened in 1999 in the UK. It boasts impressive trading platforms and beneficial offerings.

It has licenses from four different countries reassuring that the broker is reputable.

FXCM focuses on traders wanting to start out. Beginner traders can take advantage of the resource tools and education offered.

 

Features

  • 70+ trading instruments
  • 5 top-tier licenses
  • Extensive research tools
  • Competitive spreads
  • Profitable leverage ratios
  • Minimum initial deposit
  • Discounts offered

 

Pros and Cons

Pros Cons
Cater to multiple trader types Narrow product scope
Research tools are good Further development of platforms needed
A lot of educational tools
Easy and quick to setup

 

A review about Saxo Bank
 

Saxo Bank

Saxo Bank is a leading fintech and regtech specialist broker. Found in 1992 it is highly regulated by six top tier regulatory bodies namely the FCA in the UK, MAS in Singapore, FINMA in Switzerland, ASIC in Australia, FSA in Denmark and the JFSA in Japan.

Saxo Bank connects traders, investors and partners to 35000+ instruments and sets itself apart by building digital platforms to facilitate multi-asset market access.

Assets include CFDs, stocks, Forex, ETFs and more.

The broker supplies clients with advanced research tools, industry competitive and leading prices and excellent customer service.

 

Features

  • Impressive trading platform
  • Nine asset classes
  • Competitive pricing on trading
  • Tight variable spread
  • 160+ currency pairs
  • Excellent liquidity
  • Over 40 binary options

 

Pros and Cons

Pros Cons
Trading platforms are impressive Minimum deposit is high
Large range of instruments Educational material lacking for beginner traders
6 x top tier regulatory bodies  
Customer support  
   

 

A review about Swissquote original
 

Swissquote

Swissquote is a well-known Swiss Investment Bank and with a good reputation in Europe. They were established in 1996 and is regulated by FINMA the Swiss Financial Market Supervisory Authority and by FCA the UK’s financial authority.

It is considered safe by brokers because it has a banking license and is listed on the Swiss stock exchange.

The company’s Swiss arm provides a platform for trading stocks, funds, options, and futures, and the UK arm offers CFDs and Forex pairs for trading.

Swissquote gives support in many languages including English, French, German, Spanish and Chinese.

Their support is known to be of high quality and you can reach them on multiple channels such as Phone, Live Chat and Email.

The have different platforms to choose from across multiple devices.

 

Features

  • 60 currency pairs
  • Financial products are offered like Stocks, Energies and Commodities.
  • Wide range of financial instruments
  • Competitive spreads
  • Commission free trading
  • A Demo Account
  • Over 330,000+ customers
  • Scalping & hedging

 

Pros and Cons

Pros Cons
In-depth market research Trading fees are high
Expert Market analysis daily & weekly Some research tools are not free
No inactive account fee Overwhelming selection of multiple trading platforms to choose from
Has a banking license
Access to many markets and products
Listed on stock exchange
FCA licene

 

 

A review about LCG
 

LCG

LCG is regulated by 3 regulatory bodies namely LCG BHS in the Bahamas, FCA in the UK and CySEC in Cyprus.

The broker is a member of the FSCS and the ICF, both providing compensation of up to 85000 pounds per client. Clients in Cyprus are entitled to 20 000 euro compensation from the ICF.

LCG is a reliable broker providing a secure trading environment and competitive, convenient conditions to trade.

For traders who can afford the $10000 minimum deposit, LCG’s LCGTrader (cTrader) ECN account type offers the best pricing. Howeve, trading through MT4 is very expensive.

 

Features

  • 7000+ instruments
  • STP and ECN broker
  • Impressive offering of Competitive spreads
  • Fast execution speeds
  • Client segregated accounts

 

Pros and Cons

Pros Cons
Good quality analysis and insights Automated trading not available
Excellent mobile app Not the cheapest commissions and fees
State-of-the-art trading platforms No fixed spread accounts
Immediate connection between app & web

 

A review of Darwinex
 

Darwinex

Darwinex is a London based brokerage. It has 3000+ traders who can choose from several trading options like Forex, commodities, cryptocurrencies, USA stocks and indices.

Darwinex is regulated by strict regulatory body; FCA in the UK.

The FSCS (Financial Services Compensation Scheme) protects customers’ funds in the event of liquidation of Darwinex. Customer funds are also kept in segregated accounts with a top tier bank.

Darwinex has a good reputation for offering excellent customer support, a great range of market instruments and technologically advanced programmes to assist traders.

 

Features

  • Leverage levels of 1:30 for major currency pairs, 1:20 for minor pairs and 1:10 for commodities
  • One account offered
  • Minimum deposit: 50 USD
  • 300+ market instruments: Forex, USA stocks, indices, commodities and cryptocurrencies
  • FSCS protection
  • Monthly volume-based rebates
  • Variety of platforms and technologies for DMA access
  • Customer support in several languages
  • Good educational resources

 

Pros and Cons

Pros Cons
Segregated accounts Not available in the US
Customer compensated when successful Trading tools are not sufficient
Multiple trading platforms No live chat on the website anymore
Transparency regarding commissions & fees
Spreads are low

 

A review about EasyMarkets
 

easyMarkets

easyMarkets founded in 2001 introduced CFD trading in 2016. It is a solid and reliable broker who can boast impressive operational statistics. The company has also won many awards the latest award being in 2019 – Best Forex Broker – The Forex Expo – Dubai.

easyMarkets is licensed under CySEC, and as a result also compliant to MiFID II, meaning that client funds are segregated from the business accounts and that in the event of a problem the Investor Compensation Fund (CIF) will compensate the traders with a maximum coverage of 20 000 Euro. A guaranteed stop loss and negative balance protection are also available for clients.

 

Features

  • Maximum leverage – 1:400
  • 200+ assets across six investment classes
  • Free deposits and withdrawals
  • Customer support 24/5
  • Educational resources
  • Depth of research

 

Pros and Cons

Pros Cons
Trading platform with innovative features No service to USA clients and over 20 other countries
Client support responsive High spreads
Fixed spreads, no slippage and no commissions No cent account, VPS and Forex calculators
Up to 50% first deposit bonus to welcome new traders
   

 

A review on Octa
 

OctaFx

OctaFx has the best trading conditions, which is one of the primary reasons why it has grown from strength to strength since its launch in 2011.

It is part of Octa Markets, which is based in Kingston and has a subsidiary in Cyprus namely Octa Markets Cyprus Ltd. They are based Jakarta, Indonesia with offices in St. Vincent and the Grenadines.

Their offering is wide and comprehensive and caters for a number of different traders with varying levels of experience.

OctaFx is an (STP) ECN Forex broker which offers both the MetaTrader and cTrader platforms from where you can access all major currency pairs and commodities with a leverage of 1:500.

Initially OctaFx focused primarily on the Asian market and won several awards for their work in this region, but they have grown significantly and is now in more than 100 countries worldwide.

 

Features

  • Over 300,000+ traders
  • 30+ Forex pairs to trade
  • Extensive research
  • Great educational resources
  • Demo account
  • State-of-the-art technology

 

Pros and Cons

Pros Cons
No commission deposits or withdrawals Forex educational tools must be improved
Easy and free withdrawal & deposit Not a great range of products
Multiple platforms to choose from No VPS
Regulated by CySEC
Low fees for Forex and stock index CFDs

 

A review about HYCM
 

HYCM

HYCM is based in the UK and is licensed and regulated by FCA.

HYCM offers traders access to a large range of different trading markets, from currencies to commodities and stocks.

They are also a good platform for advanced traders and beginners. They offer educational material for all traders to improve their knowledge.

HYCM offers state-of-the art technology with 100+ financial instruments with which to trade

 

Features

  • Client funds in segregated accounts
  • FSCS compensation of up to 50 000 pounds
  • Mobile phone trading
  • 120+ tradeable assets
  • Leverage as high as 200:1

 

Pros and Cons

Pros Cons
40 years of operation No significant Cons
Reliable reputation
FCA regulated
Educational tools available
Minimum deposit low

 

Conclusion

Even though the AMF has worked tirelessly to provide a transparent and fair-trading environment for all investors it is vitally important you check the online database and ensure that the broker you select is licensed and that there is a good customer support system in place. In this list of 27 Best AMF Forex Brokers you are sure to find a broker to suit your trading needs.

Rate this post

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

November 12, 2020

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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