Brokers  /  AFC LIVE

AFC LIVE

High riskForex / CFD broker
🇲🇺 Mauritius · < 1 year · since 2025-09-24 · AFC LIVE (MAURITIUS) LTD
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.96/10
Trustpilot/5
Forex Peace Army/5
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AFC LIVE operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
63
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Recently established — about 10 months old
  • Registered in Mauritius (offshore, light oversight)
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age9215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration808%
Transparency (site/info/social)7810%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameAFC LIVE (MAURITIUS) LTD
Headquarters🇲🇺 Mauritius
Founded2025-09-24
Years operating< 1 year
Employees0
Official websiteafc-live.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
Trust company complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Island MH96960

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

AFC Live is a newly established, unregulated broker making contradictory claims of a 50-year history. The elevated risk score reflects the lack of regulation, recent incorporation, and offshore registration. Traders should exercise extreme caution, as no independent oversight or investor protection exists.

Best for
  • Traders seeking high leverage up to 1:500
  • Those comfortable with unregulated offshore brokers
  • Traders who want multiple funding options including cryptocurrencies
Not for
  • Traders who require strong regulatory oversight and investor protection
  • Beginners or those new to forex trading
  • Investors looking for a transparent, long-established broker
Period:

Real user reviews

Where AFC LIVE operates

Active across 4 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇲🇾 Malaysia
🇺🇸 United States
🇮🇳 India
🇸🇦 Saudi Arabia

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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What AFC LIVE says about itself as stated by the broker · not independently verified by FXCanary

Online Trading

AFC Live states it offers online trading in forex, metals, indices, and commodities. The broker claims to provide an intuitive platform with real-time data and powerful features. It mentions two account types: a Commission Account with low commissions and transparency, and a Spread Account with tight spreads and fast execution. The broker advertises leverage up to 1:500, five account currency options, and a 0 leverage option.

MT5 Platform

According to its website, AFC Live offers the MetaTrader 5 (MT5) platform for multi-asset trading, allowing users to access forex, stocks, and futures markets. The broker claims traders can place and manage orders, monitor market movements, and execute trades with speed and control across desktop, web, and mobile. It supports various order types including market and pending orders, with Stop Loss and Take Profit tools.

Deposit Methods

AFC Live states it offers a wide range of funding solutions including wire transfers, Whish Money, Srour Exchange, OMT, BOB Finance, coin funding, and USDT transfer. The website mentions there is no fixed minimum deposit required to open an account, though the exact figure is not specified.

Brokerage Services

The broker claims to provide access to a full spectrum of instruments with competitive pricing, including fixed income, OTC instruments, exchange-traded instruments, forex, equities, and derivatives. It also states it offers asset management services for private clients, family offices, and institutions, focusing on capital preservation and positive returns with minimal leverage.

Company Background

AFC Live's website prominently claims '50 years of market expertise since 1974' and states it has been delivering financial excellence since 1974. However, the known facts from regulatory records show the company was founded in September 2025. The site also claims to have over 1 million monthly trades and 24-hour customer support, though these are not substantiated.

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