AFX Group Rated 0/5

AFX Group Guide - Read our In Depth 2023 AFX Group Review

This detailed AFX Group review has been researched and fact checked by industry experts with over 30 years of financial experience in Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.

Learn more about AFX Group.

Benefits of Trading with AFX Group

AFX Group Review 2023 Quick Summary
๐Ÿ’ฐ Min Deposit 200
๐Ÿ‘ฑโ€โ™‚๏ธ Used By 10,000 AFX Group users and traders
๐Ÿ“† Founded 1996
๐ŸŒ HQ Cyprus
๐Ÿ‘ฎโ€โ™‚๏ธ Regulation Unregulated
๐Ÿšซ Excluded Countries AFX Group is not available in the following countries :

Open AFX Group's Website

Your capital is at risk

Learn more about IC Markets.
learn more Learn more about IC Markets.
Losses can exceed deposits

What is AFX Group?

AFX Group are a worldwide financial trading platform and broker. founded in 1996

Over 27 years later AFX Group now serves over 10,000 retail investors Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading.

AFX Group are a global broker. AFX Group have a head office in Cyprus.

When trading in the financial markets, finding a broker that meets your needs can be very time-consuming.

We will dive deep in this AFX Group review and assess how well the AFX Group platform functions in its role as an international multi asset trading platform for traders in 2023.

Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like AFX Group. Choosing or shortlisting a trading platform like AFX Group can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform's various features and benefits, especially with a complex trading platform like AFX Group.

As a result, selecting the right trading platform like AFX Group requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like AFX Group available, each with unique features, fees, and regulations.

In such a complex landscape, finding a reliable and trustworthy broker like AFX Group requires thorough due diligence and careful consideration. Some AFX Group trading features can be complex when trading on mobile or using the AFX Group online trading platform. Beginners and inexperienced traders must take the time to learn how to use the AFX Group trading tools properly. In our review of AFX Group we explain the pros and cons. What AFX Group offer, countries AFX Group are available in. Who AFX Group are regulated by and more.

AFX Group Review Screenshot

When it comes to online trading with brokers like AFX Group, carefully review AFX Group as your broker can make or break your success. Choosing the right broker is essential to ensure your AFX Group investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders.

You must be diligent and thorough in your AFX Group review selection process to safeguard your hard-earned money. It's crucial to do your due diligence and research the reputation, track record and trust worthyness of AFX Group. You must also ensure the AFX Group broker's profile, trading tools, fees and regulation aligns with your needs and goals.

Remember, AFX Group needs to be your partner in your trading journey.

Our team has endeavored to break down the complex world of trading with AFX Group into easily digestible information in this AFX Group review. We want to ensure you have all the knowledge necessary to use the AFX Group trading tools confidently, from depositing and withdrawing funds to executing trades.

We understand that informed decisions with AFX Group are the key to successful trading, so we've provided this detailed AFX Group review. So, take a seat, grab a cup of coffee, and dive in to learn about AFX Group and how it can benefit you or if AFX Group is not for you.

Online investing with AFX Group can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial. If considering trading financial assets with AFX Group, evaluating the AFX Group platform is important. Evaluation includes researching the AFX Group management team, track record, and services.

As a trader, you should feel confident that your financial investments are in good hands with AFX Group. That's why it's essential to understand the AFX Group company policies and practices before making any investment decisions. By doing your due diligence and understanding AFX Group platform, you can make informed investment choices that align with your financial goals. So take the time to research AFX Group thoroughly and make the most of your online investing experience.

We aim to provide you with all the information in this AFX Group review you need to determine if AFX Group is the right fit for you. But we don't stop there - we also offer valuable insights into other great alternatives to AFX Group, so you can make a more informed decision and compare other brokers against AFX Group.

If you want to look at some AFX Group alternatives that might better fit your needs, we list and compare some of the best AFX Group alternatives further down this AFX Group review.

Trading online with AFX Group requires an understanding of what you are doing. It can be challenging and requires significant research and understanding of the AFX Group trading tools and features. You must know what you are doing when trading with AFX Group. That's why we've compiled this detailed AFX Group review with some important information that will hopefully make you more informed when online trading with AFX Group.

AFX Group Review Table of Contents

AFX Group review
AFX Group is a Multi-Assets Trading Platform with over 27+ Assets

Learn more about AFX Group. AFX Group is a multi asset platform with 27+ tradable Assets. Assets available on AFX Group include Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.

AFX Group trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing are considered financial assets.

Features of AFX Group

AFX Group review
What you should know

AFX Group offer five ways to trade: Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing. The assets and products available to you on the AFX Group trading platform depends on the region of the world, you are in and the AFX Group entity you have an account.

With AFX Group you will need a minimum deposit of $200. You can sign up for a demo account to acquaint yourself with AFX Group platform.

AFX Group are able to accommodate various levels of traders whether you are experienced or a beginner.

Are AFX Group safe?

When considering AFX Group for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as AFX Group, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.

Established in 1996, and in operation for 27 years AFX Group have a head office in Cyprus.

AFX Group is not regulated. This means AFX Group are not supervised by any regulatory bodies.

AFX Group withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like AFX Group are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. AFX Group are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of AFX Group and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. AFX Group has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, AFX Group will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like AFX Group, you can enjoy peace of mind and focus on your trading activities.

Your capital is at risk

Is my money safe with AFX Group?

All payments made to AFX Group by traders are securely held in a segregated bank account.

AFX Group uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.

What are Tier 1 banks and why should AFX Group use them?

AFX Group partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their AFX Group clients' funds.

AFX Group clients can have greater confidence in their financial security when working with a Tier 1 bank because AFX Group are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.

What does it mean to have your funds in AFX Group deposited in a Tier 1 bank?

Depositing funds with AFX Group ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if AFX Group were to go out of business unexpectedly.

Based on the information presented, it is safe to conclude that AFX Group is a secure and safe platform.

Please be aware that trading in financial assets with AFX Group carries a risk of loss. AFX Group trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.

AFX Group emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about AFX Group, let's closely examine its features.

To better understand the AFX Group trading platform, you can create two separate accounts - one with real money and the other a AFX Group demo account. A AFX Group demo account provides a risk-free environment for experimenting with the AFX Group platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in AFX Group trading decisions.

Open a demo account Visit AFX Group

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How AFX Group as a Company Compare Against Other Brokers

Broker afxgroup IC Markets Roboforex eToro
Year Established 1996 2007 2009 2007
Head Office Cyprus Australia Belize Cyprus, UK
Regulation Unregulated Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
Used By 10,000+ AFX Group users 180,000+ IC Markets users 1,000,000+ Roboforex users 30,000,000+ eToro users
Negative balance protection Yes Yes Yes
Guaranteed Stop Loss No No No
Learn More Visit AFX Group Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Your capital is at risk Losses can exceed deposits Losses can exceed deposits 74% of retail investor accounts lose money when trading CFDs with this provider.

AFX Group review
AFX Group Pros and Cons

What we like about AFX Group

  • Used by over 10,000 AFX Group users and traders
  • Established in 1996
  • Min. deposit from $200

What we don't like about AFX Group

AFX Group review
AFX Group Regulation and Licensing in more detail

The online broker AFX Group is not regulated by well-known bodies, although it may seem legitimate. Limited financial regulation is common for new brokers or those operating under offshore licenses to save costs. However, trading with regulated brokers is highly recommended as they may provide protection and assistance in difficult situations. If you encounter issues with AFX Group, you may not receive adequate help or recourse.

  • Unregulated

Is AFX Group Global?

Yes, AFX Group is global as AFX Group is available in over 194 countries.

AFX Group is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries AFX Group covers include the UK, Germany, South Africa, Thailand, China and Australia. AFX Group has a total of more than 10,000 users.

AFX Group review
AFX Group Fees Explained

  • AFX Group withdrawal fees varies on payment method
  • AFX Group does charge a fee for inactive accounts.
  • AFX Group does charge deposit fees.

AFX Group Costs To Check

Modern brokers like AFX Group provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, AFX Group may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall AFX Group trading profitability.

How AFX Group Fees Compare Against Other Brokers

Broker afxgroup IC Markets Roboforex eToro
Min Deposit 200 200 10 50
Withdrawal Fees varies No Yes Yes
Inactivity Fees No No Yes
Deposit Fees Varies No No
CFD Commission Fees Yes No Yes

AFX Group Minimum Deposit

AFX Group requires a minimum deposit of 200 GBP/USD/EUR when opening an AFX Group trading account.

A minimum deposit is the minimum amount of money required by AFX Group to open a new online brokerage account with them.

Don't be scared off by brokers like AFX Group charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.

In the trading world, brokers like AFX Group, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

AFX Group Withdrawal Fees

The fees for withdrawing funds from your AFX Group account will differ depending on your chosen payment method. Reviewing the fees associated with each payment method before making your AFX Group withdrawal request is important.

AFX Group Withdrawal rules may vary across different brokers when it comes to transferring funds from your AFX Group or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with AFX Group may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the AFX Group withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from AFX Group. Researching and comparing AFX Group withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing AFX Group funds frequently or dealing with large sums of money. Awareness of these AFX Group fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your AFX Group funds.

For example, AFX Group allows you to withdraw your funds to Credit cards, American Express, Bank Transfer.

AFX Group Inactivity Fees

AFX Group does charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by AFX Group terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all AFX Group fees and services. It's recommended that you check the AFX Group website before signing up. If you decide to close your AFX Group account, it's important to do so with the AFX Group broker customer support and obtain confirmation that no remaining AFX Group fees are due.

Brokers like AFX Group must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

AFX Group Deposit Fees

AFX Group do charge deposit fees.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

AFX Group Commission Fees

AFX Group does charge commission on CFD instruments.

Brokerage firms like AFX Group may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the AFX Group trading account level held by the trader.

AFX Group may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing AFX Group terms and conditions to understand the commission fees and any other charges that may apply is essential.

AFX Group review
What can you trade with AFX Group?

It's essential to note that the trading instruments offered under the AFX Group brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the AFX Group trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.

You can trade a wide variety of instruments with AFX Group over 27 instruments in fact.

If you want to trade currency pairs on global Forex markets, AFX Group offer over currency pairs.

AFX Group Compared To Other Brokers

Compare AFX Group with IC Markets and Roboforex below.

Your capital is at risk

How AFX Group Trading Options Compare Against Other Brokers

Broker afxgroup IC Markets Roboforex eToro
Instruments Available 27 2250 100 5000
Platforms MT4 MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 61 35 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs No Yes Yes Yes
Exotic Forex pairs Yes Yes Yes Yes
Cryptocurrencies (availability subject to regulation) No Yes No Yes
Commodity CFDs        
Commodities Offered 0 20 21 31
Metals Yes Yes Yes Yes
Energies Yes Yes No Yes
Agricultural Yes Yes No Yes
Indiced & Stock CFDs        
Stocks Offered 2100 0 2042
UK Shares Yes Yes Yes Yes
US Shares No Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes
Risk Warning Visit AFX Group
Your capital is at risk
Visit IC Markets
Losses can exceed deposits
Visit Roboforex
Losses can exceed deposits
Visit eToro
74% of retail investor accounts lose money when trading CFDs with this provider.

AFX Group review
Trading on AFX Group web platforms and other applications

AFX Group offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

AFX Group also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.

See AFX Group's platforms

Is the AFX Group Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the AFX Group trading platform to protect you on PC and mobile AFX Group platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using AFX Group web trading platforms.

AFX Group Trading Platform Options

After logging into your AFX Group account, you'll find a range of trading platform options available below.

  • MetaTrader 4 (MT4)

Please be aware that AFX Group does not currently support the MetaTrader 5 (MT5) trading platform. However, if you're looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link.

AFX Group does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.

Let's explore each of these trading platforms in detail and what options AFX Group gives you.

AFX Group review
AFX Group MetaTrader 4 (MT4)

AFX Group MetaTrader 4

AFX Group MetaTrader 4 (MT4) In Detail

MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on AFX Group offers traders comprehensive features and tools to enhance their trading performance. The AFX Group MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the AFX Group platform to their needs. One of the standout features of MT4 is its charting functionality, which allows AFX Group traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give AFX Group traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 AFX Group trading platform.

MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the AFX Group MetaTrader 4 (MT4) trading platform. MT4 is a platform available with AFX Group, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The AFX Group MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. AFX Group allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.

You can start using the MetaTrader 4 platform with AFX Group in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. AFX Group MetaTrader 4 is compatible with the latest macOS. AFX Group allows traders to trade on mobile devices through Android and iOS devices like the iPhone.

Metatrader 4 Webtrader on AFX Group

MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.

The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.

Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.

Trade AFX Group MetaTrader 4 on iOS Devices

You can download the AFX Group app or trade with AFX Group through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. AFX Group customers have instant access to the financial market and can completely manage a Portfolio on the go.

Trade AFX Group MetaTrader 4 on Android Devices

Millions of people worldwide use Android mobile devices and tablets, and AFX Group offers its clients access to the MetaTrader 4 platform on these devices. With the AFX Group MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing AFX Group traders to stay on top of their trades and react quickly to changes in the market. With the AFX Group MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.

Trade AFX Group MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators available on AFX Group are a powerful bundle of three major indicators designed to help traders make informed decisions. AFX Group MT4 Trading Central indicators include:

  • Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
  • Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.

Trading Centrals Alpha Generation Indicators can help AFX Group traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing AFX Group traders to potentially stay one step ahead.

AFX Group MetaTrader 4 Advanced Trading Tools

The AFX Group MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give AFX Group traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, AFX Group provides traders with everything they need to succeed. The AFX Group MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing AFX Group traders to analyze the market at any level of complexity.

Trade AFX Group MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.

It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.

This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.

AFX Group MetaTrader 4 AutoChartist

Autochartist on the AFX Group platform is a powerful tool designed to help traders find trading opportunities quickly and easily.

Available for AFX Group MetaTrader 4 Autochartist can scan the market using an expert advisor script.

With Autochartist, AFX Group traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save AFX Group users time and makes the trading process more efficient.

The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. AFX Group traders can navigate the platform and find the information they need to make informed trading decisions.

AFX Group Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for AFX Group traders of all experience levels.

AFX Group Trading benefits

  • AFX Group Offers STP
  • AFX Group Low min deposit

AFX Group Trading Accounts Offered

Below we give an overview of the account types that AFX Group offer. Whatever you are looking to trade, the varying AFX Group account types will be able to provide you with what you need.

  • AFX Group Demo account
  • AFX Group ECN account
  • AFX Group STP account
  • AFX Group Islamic account

Can I try AFX Group?

AFX Group provides a demo account that enables individuals to explore trading before investing their funds. By creating a AFX Group practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the AFX Group demo account can help individuals to make informed decisions before investing their money.

Open a demo AFX Group account to practice and trade.

Your capital is at risk

AFX Group withdrawal and funding methods

It's essential to remember that the payment methods provided by AFX Group vary based on the AFX Group entity and the AFX Group client's country of residence. To view the AFX Group payment options available, you can log into your AFX Group member's area.

AFX Group offers various funding payment methods listed in your AFX Group dashboard if available in your region. To learn more about the AFX Group funding and withdrawal options available in your area, you can explore the AFX Group website.

AFX Group provides several payment methods for funding your AFX Group account. You may utilize any of these deposit options if they are available in your region. AFX Group ensures that users have multiple payment methods to choose from, making it more convenient for verified AFX Group account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the AFX Group user's location. learn more about AFX Group funding and withdrawal methods.

AFX Group Payment Methods

Some AFX Group payment methods are local and are available only to specific regions. AFX Group account holders should check which payment methods are provided in your region.
  • AFX Group accepts Credit cards
  • AFX Group accepts American Express
  • AFX Group accepts Bank Transfer
Broker afxgroup IC Markets Roboforex eToro
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes No Yes
Skrill No Yes Yes Yes
Payoneer No No Yes No
Neteller No Yes Yes Yes

*please note available AFX Group and other broker payment methods depend on the clients country of residence.

How can I start trading with AFX Group?

To open a trading account with AFX Group, individuals can sign up on the AFX Group website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for AFX Group account validation and making a deposit. Once completed, AFX Group users can download the trading platform of their choice.

It's important to note that AFX Group requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps AFX Group maintain a trustworthy financial environment for its 10,000 users. Detailed information on the AFX Group trading platforms is available on their website.

Your capital is at risk

Performing trades with AFX Group

When using AFX Group, the minimum trade size is typically varies units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. AFX Group have a max trade of varies. With the ECN and STP execution methods offered by the platform, traders using AFX Group can enjoy tighter spreads and greater transparency when it comes to the pricing of their trades.

Like other brokers, AFX Group margin requirements can differ depending on the traded instrument.

CFD Trading on AFX Group

We will show you an example of the basics of using AFX Group leverage.

CFD trading on AFX Group allows traders to speculate on the price movements of various financial instruments against the broker AFX Group, without actually owning real assets. With CFDs, AFX Group traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.

AFX Group provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.

The effect of leverage on profits and losses magnifies them in both directions. In other words, AFX Group leverage profits and losses are magnified when trading. For instance, using CFDs, you use the AFX Group trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.

On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, AFX Group leverage magnifies both profits and losses in trading.

Trading CFD trades on the AFX Group platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.

Experienced AFX Group traders can trade high risk CFD trades to hedge items in their portfolio.

Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Your capital is at risk

Education Resources at AFX Group

To trade effectively with AFX Group, it's important to have a good understanding of the AFX Group trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with AFX Group and externally.

AFX Group . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with AFX Group. Familiarizing yourself with the AFX Group trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using AFX Group. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with AFX Group involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like AFX Group, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with AFX Group. Explore the AFX Group platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with AFX Group, before live trading.

Customer Support at AFX Group

As part of our AFX Group review, we review customer service options, response times and problem resolution effectiveness on the AFX Group trading platform. The AFX Group trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.

AFX Group Available Support Types

AFX Group have a B grade support rating because sometimes the response was slow or they didn't answer our query. AFX Group offer email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.

Livechat Support at AFX Group

Our experience with AFX Group support was okay overall. We tested their live chat feature and received a response within 30 minutes. In addition, we communicated with their support team in multiple languages and countries, and AFX Group successfully resolved our customer issues.

Email Support at AFX Group

Our experience with AFX Group email support was mixed. We sent 25 emails at varying times, and the fastest response was less than 50 minutes, but the slowest response took 2 days. However, the team successfully resolved and answered our queries. It's important to note that support response times may vary for you with AFX Group.

Phone Support at AFX Group

During our testing, we contacted AFX Group by phone and were pleased with the quick response time of less than 10 minutes.

Their phone support team was able to successfully address our inquiries and concerns, and we tested their multilingual support by communicating in various languages. AFX Group made an effort to ensure our questions were answered.

Overall, our experience with AFX Group's phone support was average.

See how AFX Group Support Compares Against Other Brokers

Broker afxgroup IC Markets Roboforex eToro
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian English, German, Spanish, French, Italian
Learn More Visit AFX Group Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Your capital is at risk Losses can exceed deposits Losses can exceed deposits 74% of retail investor accounts lose money when trading CFDs with this provider.

What you will need to open an account with AFX Group

As AFX Group is regulated by Unregulated.

As a new client of AFX Group, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with AFX Group in your region. During the AFX Group account opening process, you will be asked to provide AFX Group with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with AFX Group have the following documents available.

  • AFX Group require a scanned colour copy of your passport, driver's license or national ID card.
  • A recent utility bill or bank statement that confirms your residential address for AFX Group compliance. This must be dated within the last six months.
  • If you plan to fund your AFX Group account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the AFX Group platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under AFX Group Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring AFX Group's platform.

However, remember that you won't be able to make trades on AFX Group until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the AFX Group KYC compliance process as soon as possible to avoid any delays in accessing the AFX Group platform's features.

It is important to note that AFX Group may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the AFX Group platform and features immediately. However, you must pass the verification process to start live trading with AFX Group, which can take up to a few business days.

To start the process of opening an account with AFX Group you can visit the AFX Group trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from on October 01, 2023.

Is AFX Group A Good Broker?

We have spent over 5 years examining AFX Group in depth. Although we found some very useful aspects of the AFX Group platform that would be useful to some traders. We feel that a alternative to AFX Group may better suit you.

  • AFX Group have a good track record of offering Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.
  • AFX Group has a history of over 27 years.
  • AFX Group has a reasonable sized customer support of at least 10.
  • AFX Group are regulated by the Unregulated. AFX Group is subject to strict regulatory oversight from its respective jurisdiction, which holds AFX Group (the broker) accountable for misconduct. This regulatory framework helps ensure that AFX Group operates fairly and transparently and provides AFX Group customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and AFX Group.
  • AFX Group have regulation from reputable regulators.
  • One of the advantages of using AFX Group is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from AFX Group are particularly important as AFX Group traders want to receive their money quickly. With the efficient AFX Group payment processing system, traders can enjoy faster access to their AFX Group funds.
  • AFX Group have an international presence in multiple countries. Including local AFX Group seminars and training.
  • AFX Group can hire people from various locations in the world who can better communicate in your local language.

AFX Group Risk Disclosure

Your capital is at risk

Trading Risk Disclaimer

Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.

You will be exposed to a high risk of loss regarding leverage and margin-based trading.

Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.

It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.

Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.

AFX Group not quite right?

If after reading this AFX Group review, AFX Group does not fulfill your needs check out these AFX Group Alternatives.

Click here to view the best AFX Group Alternatives

We have spent years researching the best alternatives to AFX Group. Click the links below to learn more.

After extensive research over several years, we have compiled a list of the most effective AFX Group alternatives available today. If you are unsatisfied with AFX Group or want to explore other options, we recommend checking out our carefully curated list of highly-rated AFX Group alternatives. Follow the links below to learn more about these AFX Group broker alternatives and choose the one that best suits your trading needs.

Related AFX Group Vs Comparisons

Throughout our comprehensive AFX Group review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.

If you're interested in comparing AFX Group against other popular brokers in the industry, check out our AFX Group Vs pages. Our team has compiled a series of detailed AFX Group comparison articles, pitting the AFX Group platform against some of the best-rated AFX Group competitors in the market. Dive into our informative AFX Group Vs pages below to find out how AFX Group stacks up against other leading brokers.

AFX Group review
AFX GROUP Frequently Asked Questions

Read our detailed AFX Group FAQ Section updated for 2023.

Can I try AFX Group?

AFX Group offer a demo account so you can try the AFX Group platform with virtual trading before you put down a payment. Virtual trading with AFX Group is zero risk. Learn more here

What funding methods do AFX Group accept?

Please note that the list of payment methods below depends on the AFX Group Entity and the client's Country of Residence.

AFX Group offer the following funding payment methods Credit cards, American Express, Bank Transfer, among other payment methods.
Learn more here

Your capital is at risk

Is AFX Group safe?

AFX Group have over 10,000 users. While AFX Group may not be considered unsafe, they are not regulated or supervised by any major regulatory body. Depending on your trading style this may be okay. We recommend you trade with a regulated broker.Any payments funded to AFX Group accounts by traders are held in a segregated bank account. For added security,AFX Group use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with AFX Group is risky, and because the market is so volatile, losses could happen at any time.

Your capital is at risk

Is AFX Group trading good?

AFX Group is considered good and reputable to trade with AFX Group. AFX Group is used by over 10,000 traders and AFX Group users. AFX Group offers Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. Minimum deposit with AFX Group is 200.

Is AFX Group trading Legit?

AFX Group was founded in Cyprus in 1996. AFX Group has been facilitating trade on the financial markets for over 27 years. AFX Group offers clients Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. All funds deposited to AFX Group are held in segregated bank accounts for security. AFX Group is not regulated. Although this doesn't mean AFX Group are awful, we recommend trading with regulated brokers.

Is AFX Group a good broker?

AFX Group allows Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. AFX Group is overseen by the top tier financial regulators Unregulated so can be considered a good broker.

Is AFX Group trustworthy broker?

Despite any potential benefits associated with AFX Group, it is important to exercise caution when considering trading with an unregulated broker. Only trade with regulated brokers who adhere to strict industry standards and regulations. A regulated broker ensures that any funds you deposit are separate from the broker's operating funds in segregated bank accounts. A well-regulated broker cannot directly access your funds, providing added security and peace of mind. Therefore, before choosing a broker like AFX Group, check their regulatory status and ensure that money is held in a segregated account to mitigate any risks associated with unregulated trading.

What is the minimum deposit for AFX Group?

The minimum deposit to trade with AFX Group is 200.

How long do AFX Group withdrawals take?

Withdrawing money from AFX Group processing time varies depending on the method but averages 1-5 days.

Is AFX Group regulated?

AFX Group is not regulated by a top tier financial regulator.

Is AFX Group a market maker?

AFX Group is a market maker. Stocks, currency and other commodities and instruments will be brought or sold by AFX Group even if no buyer or seller is lined up.

How can I start trading with AFX Group?

When opening a trading account with AFX Group, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on AFX Group trading platforms, you can follow the link provided below: Learn more about signing up with the AFX Group trading platform here. This will provide useful information and insights into the various trading platforms offered by AFX Group, enabling you to make an informed decision about which platform to choose for your trading needs.

Is my money safe with AFX Group?

Yes your money is safe with AFX Group.

Overall, strict financial regulation is essential for ensuring that trading platforms like AFX Group operate fairly, transparently, and responsibly, which ultimately benefits all AFX Group stakeholders involved.

Trading platforms like AFX Group must have strict financial regulation for several reasons:

  • Protecting AFX Group Investors: Strict financial regulation ensures that investors who use the AFX Group trading platform are protected against fraudulent or unethical behavior by the AFX Group platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the AFX Group platform.
  • Maintaining AFX Group Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the AFX Group trading platform. Regulatory procedures reduce the likelihood of the AFX Group platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
  • Enhancing AFX Group Transparency: Regulations require trading platforms like AFX Group to maintain detailed records and disclose AFX Group client information. Financial regulatory requirements enhances transparency and helps to build trust between the AFX Group platform and its investors.

AFX Group is regulated by the Unregulated. When selecting a broker such as AFX Group, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, AFX Group ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like AFX Group.

Is AFX Group a con?

While we would not say that AFX Group is a con. Because a top tier financial regulator does not regulate them, we would not trade with them.

Can you make money with AFX Group?

Although traders have had great success with AFX Group, trading on the financial markets with AFX Group is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does AFX Group have fees?

AFX Group withdrawal fees vary on payment method.AFX Group does charge a fee for inactive accounts. AFX Group do charge deposit fees.

When was AFX Group founded?

AFX Group was founded in 1996.

How many people use AFX Group?

AFX Group is used by over 10,000 registered AFX Group users.

What is AFX Group Headquarters country?

AFX Group has its head quarters office in Cyprus .

Does AFX Group offer negative balance protection?

AFX Group does not offer negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.

Does AFX Group offer guaranteed stop loss?

AFX Group does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does AFX Group allow scalping?

AFX Group does not offer scalping.

Does AFX Group allow hedging?

AFX Group does not offer hedging.

Does AFX Group offer CFD trading?

AFX Group offers CFD trading.

Does AFX Group offer STP?

AFX Group offers STP trading.

How many people use AFX Group?

AFX Group is used by over 10000 AFX Group users and traders.

Is AFX Group an ECN broker?

AFX Group offers ECN trading.

Does AFX Group offer a demo account?

AFX Group offers a demo account.

Does AFX Group offer an Islamic account?

AFX Group offers an Islamic account.

What are the funding methods for AFX Group?

Please note that funding methods and options available with AFX Group can be found in the AFX Group Members area and depend on the AFX Group clientโ€™s country of residence. Please check your specific available payment methods on the AFX Group website. AFX Group accept the following funding methods : Credit cards, American Express, Bank Transfer.

AFX Group review written by Andrew Blumer and Mark Hansen

We hope you found our review of the AFX Group brokerage firm useful.

This article was written by our financial editors, Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities.

Andrew has a well-established career in fintech and came up with to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

AFX Group review written by Mark Hansen of