Score

1.36 /10
Danger

AFX

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

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Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index5.85

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

AFX · Company summary
AFX Review Summary
Founded2012
Registered Country/RegionIndia
RegulationNo regulation
ServicesFund management and trading, account Management, account opening, financial reviews, financial advisory
Customer SupportAddress: 696, 2nd floor, 7th main, next to Airtel office CBI road Bengalore 560032
Tel: +91 7760896586; WhatsApp: +91 9916326568
Twitter, contact form

AFX Information

Founded in 2012, AFX is a financial consulting and wealth management consulting company in India who provide services regarding fund management and trading, account Management and account opening in all financial markets. ROI (return on investments) offering is said to be 3 to 6% monthly on Investment (ROI) for forex accounts in HF markets, Fxpro and Atfx.

However, one thing that you should not neglect is that the broker currently operates without valid regulation from any authority bodies.

AFX Information

Pros and Cons

Pros Cons
NoneNo regulation
Limited info on trading conditions
Simplistic website with limited information

Is AFX Legit?

Regulation is a crucial aspect of evaluating the legitimacy and reliability of a brokerage firm, and in the case of AFX, the broker operates without any valid regulatory oversight. The absence of a regulatory framework raises significant concerns regarding the broker's adherence to industry standards, financial transparency, and the protection of client interests.

Services

AFX Financial Consulting claims to offer a wide range of financial services aimed at enhancing clients' financial health. Their offerings include fund management and trading, personalized account management, and assistance with account openings at leading brokers. The company even boast a monthly ROI of 3 to 6% for forex accounts in HF markets, Fxpro and Atfx.

Moreover, the team also provides proactive financial reviews, expert advisory services tosimplify financial processes to reduce client stress.

User Reviews

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User comment

2

Comments

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AK48
more than one year
AFX trading platform is a total disappointment. Despite making a profit of $5453 with my initial investment of $4000, they refused to let me withdraw my earnings. The platform appears to be nothing more than a scam, withholding profits and displaying a complete lack of integrity. The attitude of their customer service representatives is appalling, making the overall experience with AFX one that I wouldn't wish upon anyone.
AFX trading platform is a total disappointment. Despite making a profit of $5453 with my initial investment of $4000, they refused to let me withdraw my earnings. The platform appears to be nothing more than a scam, withholding profits and displaying a complete lack of integrity. The attitude of their customer service representatives is appalling, making the overall experience with AFX one that I wouldn't wish upon anyone.
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2023-12-20 21:22
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sarki9056
more than one year
be careful with scammers that want to access your wallet
be careful with scammers that want to access your wallet
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2022-12-06 02:08
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