The warning list of AMF contains names of individuals and entities that illegally operate in French financial markets. The latest addition to this list – Edge Capital Fund. Is Edge Capital Fund Reliable?
21 December, AtoZForex – The primary regulator of financial services market in France, the Autorité des marchés financiers (AMF) together with the ACPR has updated the list of the websites and firms that offer investment services on the unregulated Forex market in France. The regulators note that entities in the warning list operate on the market without any authorization to do so.
Is Edge capital Fund Reliable? AMF Edge capital Fund Warning
The newly added entity that made it to the AMF warning list is the Edge capital Funds. The company is a brand of ECF Ltd, which provides Financials services in France. The firm operates online via www.edgecapitalfunds.com.
After studying the website, we found out that the company claims to have the office at the following address: ECF Ltd., 20-22 Wenlock Road London England N1 7GU.
Moreover, the latest addition to the AMF warning list appears to offer Forex investment services to French investors. The information on its website states the following:
“The ECF platform was developed to provide the best interface for Forex trading, with a wide range of instruments and performing financial assets.
ECF makes it accessible in a simple Forex trading, combining an easy to understand user interface, online help features and warranty support from our team of dedicated professionals.”
How to protect yourself against financial fraud?
In point of fact, AMF’s list of unauthorized websites aims to protect investors against the loss of their funds and caution them. The full list can be found on the official AMF website (section: Espace Épargnants > Protéger son épargne > Listes noires) and Assurance Banque Épargne Info Service – ABE IS’s website (section: Epargne > Se protéger contre les arnaques > Les listes noires des sites internet et entités non autorisés).
However, the French watchdog states that the websites mentioned in the list are subject to quick change. This list is also not intended to be exhaustive, according to AMF.
The French regulator also reminds investors that they can ensure the reliability of the entity that offers financial products via the register of financial agents. Investors can also find the list of authorized intermediaries in the financial investment advisor (FIA) or participating investment advisor (PIA) categories.
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