French forex brokers are overseen by France’s financial regulator known as Autorité de contrôle prudentiel et de résolution (ACPR). Regulators in France have been active in work to protect retail forex traders, and make sure that forex brokers in France follow all local and EU regulations. Among other things, the regulator is known to have blacklisted several forex brokers in the past that were not authorized to operate in the country.
France also has a large number of forex traders within its borders, which every day accounts for a significant trading volume on the world’s foreign exchange market. However, retail traders and forex brokers in France are still subject to strict regulations regarding maximum trading leverage and other things from the joint EU regulator known as the European Securities and Markets Authority (ESMA).