About Ayers Alliance Financial Group Ltd
Overview
Ayers Alliance Financial Group Ltd is a Cyprus-based investment firm that was regulated by the Cyprus Securities and Exchange Commission (CySEC) under licence number 230/14. The company was originally incorporated as Harborx Ltd. before rebranding. According to regulatory records, the firm held an active CIF licence since 26 March 2014, authorising it to provide investment services in forex, CFDs, and other financial instruments to both retail and professional clients across the European Economic Area under the MiFID II framework.
However, the broker's official website now displays notices indicating that the firm is under administration and has voluntarily renounced its authorisation to operate as an Investment Firm. This follows regulatory actions by CySEC, including fines and bans on directors after the licence surrender. Traders should be aware that the company's operational status is in transition and may no longer accept new clients or provide services.
Regulation and Licensing
Ayers Alliance was authorised and supervised by CySEC under licence number 230/14. The licence was originally granted in March 2014. The firm was classified as a Cyprus Investment Firm (CIF) and was subject to the capital requirements and conduct-of-business rules under MiFID II. The licence permitted the firm to offer investment services including reception and transmission of orders, execution of orders on behalf of clients, and discretionary portfolio management.
In 2025, CySEC announced that the firm had surrendered its licence and imposed sanctions on the board of directors for compliance violations. The regulator also ordered the firm to stop certain activities. As of the date of this review, the official CySEC register likely lists the licence as surrendered or revoked, and the broker is no longer an authorised entity.
Products and Services
The broker's website indicates that it offered a range of investment services with a focus on asset management for high-net-worth individuals and financial intermediaries. While specific trading platforms and instruments are not detailed on the current site, historical information and industry databases suggest that the firm provided forex and CFD trading on currencies, indices, commodities, and potentially equities. The broker's client portal (myaafg.com) was available for account management.
According to the PDF application form available on the site, the broker offered both retail and professional client accounts, with a Business Account Application Form for corporate clients. The form also references specimen signature cards and account terms, indicating a traditional brokerage setup.
Client Support and Resources
The broker's website includes a 'Client Support Center' with sections for announcements, open account procedures, policies and legal documents, and download requests. It also provides contact details including a telephone number and address in Limassol, Cyprus. However, given the current administration status, client support may be limited. The site directs clients to a separate website (aafgadmin.com) for further updated information.
The broker's primary language support includes English and Chinese (Traditional/Simplified), reflecting a focus on Asian and European clientele. The website also includes a login portal for existing clients, but it is unclear if this is still operational.
Company Background
Ayers Alliance Financial Group Ltd was founded in 2014 (company registration number 315127) and was headquartered at 4/F, KIBC, 4 Prophet Elias Street, Limassol 4046, Cyprus. The company changed its name from Harborx Ltd. to Ayers Alliance Financial Group Ltd at some point before the current administration period.
Industry reports indicate that the broker faced financial difficulties leading to payout challenges, which prompted the voluntary surrender of its CySEC licence. This was followed by regulatory sanctions against the directors. The firm's current status as 'under administration' suggests that it is being wound down or restructured, and clients may need to seek compensation through investor protection schemes or legal recourse.
Target Audience
The broker's marketing language on its website claims to offer services to 'value-oriented high-net-worth individuals and financial intermediaries'. The availability of a Business Account Application Form indicates that corporate clients were also targeted. The broker operated in multiple languages, suggesting an international client base, particularly from Chinese-speaking markets.
Given the current regulatory issues and administration status, the broker is not currently suitable for new clients. Existing clients should seek information from the administrator's website or contact CySEC for guidance on recovering funds or submitting claims.
Overview compiled by FXCanary from regulatory records and public data. full Ayers Alliance Financial Group Ltd review