AF Group

AF Group is a forex broker registered in the United Kingdom since August 2022, operating through the domain afgroup.pro. Our review indicates that the broker offers a range of account tiers targeting different capital levels, from a Starter account with a €250 minimum deposit to a Black Pearl account requiring €100,000.

The broker currently holds no regulatory licenses from any known financial authority. This absence of regulation is a significant factor for traders to consider, as it means AF Group operates without the oversight typically associated with licensed brokers. FXCanary's risk assessment assigns a Scam Risk Score of 51 out of 100, indicating an elevated level of caution is warranted.

AF Group provides six distinct account types, each with varying minimum deposits and maximum leverage limits. The Starter account, with a €250 deposit, offers leverage up to 1:80, while the Premium account at €2,500 offers 1:100 leverage. The Premium Plus account requires €25,000 and provides 1:120 leverage.

For higher capital traders, the Business account (€50,000) offers 1:200 leverage, the Luxury account (€75,000) offers 1:300, and the top-tier Black Pearl account (€100,000) provides the highest leverage of 1:500. These tiers suggest the broker targets both retail and high-net-worth individuals.

AF Group is not regulated by any major financial regulator such as the FCA, CySEC, or ASIC. Registration in the UK does not equate to regulation, and the broker's activities are not subject to standard investor protection schemes. Traders should be aware that unregulated brokers may not adhere to strict financial standards or provide recourse in case of disputes.

Given the elevated risk score, FXCanary recommends that traders exercise extreme caution. Due diligence is essential, and potential clients should verify the broker's claims independently before committing funds.

Our known facts do not specify the trading platforms or instruments offered by AF Group. The web search results did not provide relevant information about the broker's platform or asset list. Traders should seek this information directly from the broker's website or customer support.

Without clear information on available instruments (forex pairs, CFDs, commodities, etc.), it is difficult to assess the broker's suitability for specific trading strategies. Prospective clients are advised to request detailed information before opening an account.

AF Group presents itself as a forex broker with a range of account options for traders with different capital levels. However, the lack of regulatory oversight and limited public information are red flags for cautious traders. FXCanary's independent assessment finds that the broker carries elevated risk, as reflected in our Scam Risk Score.

Traders considering AF Group should proceed with caution and be aware of the potential risks associated with unregulated brokers. It is advisable to only trade with funds one can afford to lose and to seek regulated alternatives when possible.