About AFC LIVE
Background and Registration
AFC Live is a forex and CFD broker that presents itself as an online trading platform. According to official records, the entity was founded on September 24, 2025, and is registered in Mauritius with a registered address at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Island MH96960. It is important to note that while the company's country of registration is listed as Mauritius, the physical address provided is in the Marshall Islands — a jurisdiction often associated with offshore financial entities. The broker is not regulated by any known financial authority, which is a significant factor for traders to consider.
The broker's website makes an unsubstantiated claim of having 50 years of market expertise since 1974, which directly contradicts its registration date in 2025. This discrepancy raises questions about the accuracy of the information provided and the broker's transparency.
Regulatory Status
As of the date of this review, AFC Live holds no regulatory licenses from any recognized financial authority. The FXCanary Scam Risk Score of 63/100 places the broker in an elevated risk category, primarily due to the lack of regulation, recent establishment, and jurisdictional ambiguity. Traders should be aware that operating without regulatory oversight means there is no independent recourse or investor protection scheme in place.
For a broker that claims to offer leveraged trading with high risk, the absence of regulation is a critical concern. Regulated brokers are required to adhere to capital adequacy standards, client fund segregation, and transparent reporting — none of which apply to AFC Live based on the available information.
Trading Instruments and Platforms
AFC Live offers trading in forex, metals, indices, commodities, and other instruments such as fixed income, equities, and derivatives, as stated on its website. The broker provides the MetaTrader 5 (MT5) platform, a widely used multi-asset trading platform that supports advanced charting, automated trading via Expert Advisors, and multiple order types. Traders can access MT5 via desktop, web, and mobile applications.
The broker claims to support leverage up to 1:500, which is considered very high and can amplify both gains and losses significantly. It also offers a 0 leverage option for those who prefer not to use borrowed capital. Account base currencies are available in five options, though the specific currencies are not detailed.
Account Types and Funding
According to the website, AFC Live offers two main account types: a Commission Account with low commissions and a Spread Account with tight spreads. The minimum deposit is not specified, but the broker states that there is no fixed minimum amount required to open an account. Funding methods include wire transfers, Whish Money, Srour Exchange, OMT, BOB Finance, coin funding, and USDT transfer — a variety of traditional and cryptocurrency-based options.
The broker's website also mentions a fast account opening process, claiming it can be completed in five minutes with submission of ID and proof of address. However, given the lack of regulatory oversight, the verification process may not be as rigorous as at regulated brokers.
Target Audience
AFC Live appears to target both retail traders and institutional clients. The broker's marketing emphasizes flexibility, high leverage, and a range of deposit options, which may appeal to traders who prefer cryptocurrency funding or seek offshore forex brokers. The asset management service is pitched at private clients, family offices, and institutions, suggesting an attempt to attract higher-net-worth individuals.
However, the broker's lack of regulation and contradictory claims about its history make it a high-risk choice for conservative or regulation-conscious traders. It may be more suitable for experienced traders who are comfortable with the risks associated with unregulated entities and who have conducted their own due diligence.
Risk Considerations
Trading with AFC Live carries inherent risks due to its unregulated status. Without a regulatory authority, there is no guarantee of fair trading practices, segregation of client funds, or compensation schemes in case of broker insolvency. The broker's reported address in the Marshall Islands and registration in Mauritius add to the complexity, as these jurisdictions do not typically offer robust investor protections.
The contradiction between the claimed 50-year history and the actual registration date in 2025 is a red flag. Traders should verify all information independently and consider whether the broker's offerings justify the elevated risk. As with any unregulated broker, it is advisable to start with minimal deposits and be prepared for potential issues.
Overview compiled by FXCanary from regulatory records and public data. full AFC LIVE review