Is Afex Markets Group a scam?
Wikilix independent safety report
We cannot clear Afex Markets Group. No regulator anywhere licenses it, no registered company stands behind it, and the site publishes no terms of business at all, yet it accepts deposits from 250 eur…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
Broker Summary
Summary of the broker
Afex Markets Group Broker Overview
Afex Markets Group is a retail CFD brand operating at afexmarketsgroup.com. It offers CFDs on forex, stocks, cryptocurrencies, indices, metals and oil on MetaTrader 4, advertising spreads from 0.0 pips, leverage up to 1:3000 and a minimum deposit of 191 euros. The site names no operating company, no registered office and no financial regulator anywhere in its pages.
Is Afex Markets Group Regulated?
No confirmed regulation was found for Afex Markets Group. The brand's own website makes no regulatory claim at all: it names no authority, no licence number and no supervised entity, and it publishes no regulation, legal or terms page. Trading with an unregulated counterparty means there is no supervisory body a client can complain to and no compensation scheme behind deposited funds.
Afex Markets Group Legal Entity
The only corporate identifier the brand publishes is the copyright line "Afex Markets Group". A search of the UK Companies House register returns no company under that name, and the Global LEI Foundation holds no legal entity identifier for it. No incorporation, jurisdiction or registered address could be established, so there is no identifiable legal person behind the trading service.
Is Afex Markets Group Safe?
Afex Markets Group cannot be shown to be safe. Beyond the absence of regulation and of a verifiable company, the site's own copy is not its own: the About Us page tells the corporate history of an unrelated brokerage brand and names that firm's founder as its own, and a promotional section on the home page markets another firm's copy-trading service. The MetaTrader 4 download offered on the platforms page points at an executable hosted on an unrelated third-party domain and branded for a different product, and one call-to-action links to a completely different brand's client portal. The site publishes no client agreement, risk disclosure or withdrawal terms.
Afex Markets Group Spreads, Commissions and Fees
The home page advertises spreads from 0.0 pips, a zero percent deposit fee and a zero percent withdrawal fee, and states that withdrawal requests are processed within one working day. No account-level commission schedule, swap table or fee document is published, so these headline figures cannot be tied to a specific account or verified against any terms.
Afex Markets Group Leverage
Maximum leverage is advertised at 1:3000, described on the site as dynamic leverage. That level is far above what any onshore regulator permits retail clients and greatly increases the speed at which an account can be lost.
Afex Markets Group Trading Platforms
MetaTrader 4 is the only platform offered, with Windows, Mac, iOS and Android builds advertised alongside a browser terminal at webtrader.afexmarketsgroup.com. The Windows download link on the platforms page does not resolve to a file on the broker's own infrastructure.
Afex Markets Group Deposits and Withdrawals
Afex Markets Group publishes no deposit or withdrawal page and names no payment method, currency, limit or processing condition. The only funding-related figures anywhere on the site are the headline zero percent deposit and withdrawal fees and the 191 euro minimum deposit.
Afex Markets Group Account Types
The site states that three account types are available but publishes no comparison of them. The account section on the home page is empty, and no minimum deposit, leverage, spread or commission is given for any individual account.
Afex Markets Group Support
Support is offered by email at support@afexmarketsgroup.com and by live chat, described as available 24 hours a day, five days a week. A telephone channel is advertised but no number is published, and no postal address appears anywhere on the site. Site content is available in English, German, Italian and Spanish.
Afex Markets Group Pros and Cons
- MetaTrader 4 is offered across desktop, mobile and browser.
- The advertised fee structure is simple, with no stated deposit or withdrawal charge.
- No financial regulator supervises the brand, and no licence is claimed.
- No legal company could be found on any official registry.
- Substantial parts of the site's own text and links belong to other brands.
- No terms, client agreement, withdrawal policy or payment methods are published.
Afex Markets Group Review and Assessment
What separates Afex Markets Group from an ordinary unregulated offshore broker is not the missing licence alone but the absence of anything a client could hold to account: no company, no address, no contract and no published rules for getting money back out. The site accepts registrations from every jurisdiction on earth, including sanctioned ones, which is not how a firm operating under any supervision behaves. Anyone considering a deposit should treat the identity of the counterparty as unestablished.
Regulatory Licenses
Compliance & oversight
Trading with an unregulated broker puts your deposit at risk.
No regulation
We have not confirmed any regulation for Afex Markets Group. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.
What this means for you
- No compensation scheme covers your funds.
- No regulator to escalate a complaint to.
- No audit of how client money is held.
Account Types
Trading account options
No Account Types
Account type information is not available for this broker yet.
Country availability
Where Afex Markets Group says it will and won't take clients
No country restrictions on record. We looked and found nothing published — which is not the same as being open to everyone. Check Afex Markets Group's terms.
How we know
- 1The registration form at https://client.afexmarketsgroup.com/register/ offers an unfiltered 247-entry country selector that includes the United States, Iran, North Korea, Cuba, Syria and Russia, so no jurisdiction is excluded at onboarding. The list is a generic world list rather than a curated acceptance list, so no whitelist codes were derived from it.
- 2No client agreement, terms and conditions, legal or restricted-countries page is published anywhere on https://afexmarketsgroup.com/ - /terms/ returns 404 and no legal link appears in the navigation or the footer.
- 3No AML or KYC policy, deposit and withdrawal page or partner terms document is published on the site; the partnership page at https://afexmarketsgroup.com/partnership/ names no jurisdictional restriction.
- 4The footer of every page carries only a copyright line and no risk disclaimer naming markets the site is not directed at.
- 5The site offers English, German, Italian and Spanish language variants, which indicates the markets targeted but states no restriction.
- 6No regulator filing exists for the named operator, so no permitted-territory list could support any entry.
Recorded by WIKILIX research, not published by the broker, and not a guarantee. A country listed nowhere above is not thereby accepted — check Afex Markets Group's own terms before you open an account.
Funding Methods
Deposit & withdrawal options
No Funding Methods
Funding method information is not available for this broker yet.
Trading Platforms
Professional trading tools
Social Presence
Digital community engagement
No Social Media Presence
This broker doesn't have active social media accounts
Company Registration
Legal entity checked against the official company registry
Registry
UK Companies House
From our latest investigation · Verified Sep 5, 2026
View on official registryWebsite snapshots
How Afex Markets Group's website looked when we archived it on Sep 5, 2026.


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