AFC Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-10 16:48

Abstract：Established in 1974, Arab Finance Corporation (AFC) is an unregulated financial institution registered in Lebanon. AFC provides tailor-made solutions in global financial markets, asset management and financial and strategic advisory to private and institutional clients.

AFC Review Summary
Founded	1974
Registered Country/Region	Lebanon
Regulation	No Regulation
Market Instruments	Equities, bonds, commodities, forex, futures, options, CFDs, stocks, ETFs, bonds and mutual funds
Demo Account	❌
Leverage	/
Spread	/
Trading Platforms	/
Minimum Deposit	/
Customer Support	Phone: + 961 1 379 159
	Email: info@afc.com.lb, td@afc.com.lb
	Address: New Starco Bldg. 4th Floor. Mena El Hosn. P.O.Box 11-1364 Beirut, Lebanon
	Contact form

AFC Information

　　Established in 1974, Arab Finance Corporation (AFC) is an unregulated financial institution registered in Lebanon. AFC provides tailor-made solutions in global financial markets, asset management and financial and strategic advisory to private and institutional clients.

Pros and Cons

Pros	Cons
Diverse assets	No regulation
Multiple contact channels	No demo accounts
	Lack of info about real accounts
	Not mention of trading platform

Is AFC Legit?

　　At present, AFC lacks valid regulation. Unregulated brokers can pose great risks, such as fraud, lack of investor protection, or unreliable services. Moreover, we didn't find any info about its domain.

What Can I Trade on AFC?

　　AFC provides a wide range of assets, including all major asset classes (equities, bonds, commodities and forex) and exchange-traded and OTC instruments (spot forex, futures, options, CFDs, stocks, ETFs, bonds and mutual funds).

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Commodities	✔
Indices	❌
Cryptocurrencies	❌
Equities	✔
Futures	✔
Options	✔
Stokes	✔
ETFs	✔
Bonds	✔
Mutual Funds	✔

Customer Service

　　AFC offers 7/24 customer support, including email, phone, contact form, and social media.

Contact Options	Details
Phone	+ 961 1 379 159
Email	info@afc.com.lb, td@afc.com.lb
Online Chat	❌
Contact Form	✔
Social Media	Facebook, LinkedIn, Instagram
Supported Language	English
Website Language	English
Physical Address	New Starco Bldg. 4th Floor. Mena El Hosn. P.O.Box 11-1364 Beirut, Lebanon

The Bottom Line

　　Although AFC offers a number of products, its unregulated status and limited information on accounts, fees, and trading platforms make it less appealing. We do not advise you to choose this broker especially if you are a beginner.

FAQs

　　Is AFC good for beginners?

　　No, because it is unregulated and lacks enough information.

　　Is AFC good for day trading?

　　Given that AFC is unregulated and there's a lack of information about key trading features such as leverage, spreads, and trading platforms, it may not be suitable for day trading.

　　Is it safe to trade with AFC?

　　No, it's not safe to trade with AFC because it has no regulations.