afx.com

afx.com is an online trading platform registered in Mauritius, with its official address at 5th Floor, The CORE, No. 62, ICT Avenue, Cybercity 72201, Ebene. According to regulatory records, the entity was founded on 8 August 2024. The website presents the broker as a modern financial services provider focused on delivering diversified trading strategies to retail clients.

The broker claims to have been established earlier, in 2021, but official records indicate a 2024 founding date. This discrepancy may be a point of caution for prospective traders. The company is led by Lee Plaister, described as an experienced trader with a 15-year track record and an accounting background.

afx.com does not appear on any regulated financial authority's register. Our records show no regulators on file for this entity. The website includes a page titled 'Investment Dealer Licence - Mauritius' that describes the requirements for such a licence under the Securities Act 2005, but it does not claim that afx.com itself holds that licence. Independent checks with the Mauritius Financial Services Commission (FSC) do not confirm any licence for afx.com.

Traders should be aware that operating without a verifiable regulatory licence in a major jurisdiction means there is no independent oversight of the broker's practices, client fund segregation, or dispute resolution mechanisms. This absence contributes to our elevated Scam Risk Score of 60 out of 100.

The broker's website lists a range of tradable assets including forex pairs, indices, commodities, and cryptocurrencies. It advertises competitive spreads and high leverage, though specific figures are not disclosed on the site. The platform offering includes a proprietary afx.com App for mobile and web, as well as support for MetaTrader 5, a widely used third-party trading platform.

According to the broker, the proprietary app provides real-time trade monitoring and analytical tools, while MetaTrader 5 offers additional flexibility for traders who prefer its interface. No information is provided about execution models, order types, or any restrictions on trading strategies.

afx.com promotes a 'Diversified Strategy' approach where a single account can access multiple risk-level strategies: Medium, High, and High Risk+. The High Risk account is described as aggressive, targeting high-growth, high-volatility assets for potentially substantial returns. The High Risk+ account is even more aggressive, suitable only for experienced investors comfortable with significant market fluctuations.

The broker frames its offering as a managed account service, where the fund manager executes trades on behalf of clients. This structure differs from traditional self-directed retail forex trading and may appeal to those seeking a hands-off approach. However, the lack of transparency regarding the specific trading strategies, historical performance, and risk management processes is a notable gap in available information.

Details on deposit and withdrawal methods are not publicly available from the website. The broker encourages prospective clients to get in touch via a contact form or by email. The customer support page emphasises availability and commitment to assisting clients with platform and transaction queries.

Given the limited publicly disclosed information about funding options, fees, and processing times, traders should exercise caution and request full terms before committing any capital. The address in Ebene, Mauritius, is a common location for offshore financial services firms, which may raise jurisdictional considerations for international clients.

afx.com markets itself to both beginners and experienced traders, highlighting its educational resources and customer service. However, the aggressive risk profiles of its accounts suggest that the broker may be more suited to traders with a higher risk tolerance and those looking for managed account solutions rather than independent trading.

The absence of regulatory oversight and the broker's recent establishment mean that it is likely most appropriate for sophisticated investors who fully understand the risks involved and who have conducted their own due diligence. For risk-averse traders or those seeking strong regulatory protection, afx.com would not be a recommended choice.