Banque De France Forex Brokers Regulation & Their Market Presence
Banque De France is the oldest bank in the EU and is an integral member of the ECB that is responsible for maintaining the overall financial stability of the European capital markets. Banque De France is more popularly known as the Central Bank of France, whose duties also involve acting as a market regulator for financial firms through its numerous subsidiary regulatory agencies. Banque De France enjoys stupendous powers in the financial sector and holds unprecedented powers over the various financial organizations to ensure that the European financial markets offer a fair and transparent marketplace for investors.
Banque De France Forex brokers are typically regulated according to the MiFID directive and follow the same regulatory framework adopted by some of the other regulatory agencies in the EU such as the CySEC and the FCA. Although Banque De France is not a common name in the regulation industry, Banque De France regulated brokers can offer their services to the entire EU zone through the EEA initiative. Therefore, even though there are relatively a smaller amount of brokers regulated by the Banque De France, the overall regulatory status and the reliability of such brokers is at par with the standard EU regulatory guidelines.
Is It Difficult To Find Banque De France Regulated Brokers?
In reality, there are fewer Banque De France regulated brokers in the industry when we compare them to other regulated brokers from the FCA, CySEC, ASIC, or the NFA. Therefore, it is bound to be difficult to find genuine Banque De France Forex brokers; however, it is certainly not impossible. Given below are a list of Banque De France regulated Forex brokers that have our seal of approval: