Investment Companies

AFEX Group International Inc. operating as Afex Markets (no relation to Afex Markets Europe Limited in Ireland)

1.4 (14 reviews)
🇨🇦 Canada
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1.4
14 reviews
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About AFEX Group International Inc. operating as Afex Markets (no relation to Afex Markets Europe Limited in Ireland)

AFEX Group International Inc. operating as Afex Markets (no relation to Afex Markets Europe Limited in Ireland) has been flagged by British Columbia Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Total fraud - reported to authorities

J
James G.
1 months ago

I was contacted by AFEX Group International Inc. operating as Afex Markets (no relation to Afex Markets Europe Limited in Ireland) through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.

Pros: Initially responsive customer service

Cons: Lost entire investment|Reported to authorities|Unresponsive

They sell your data

O
Oliver O.
2 months ago

I had a dispute with AFEX Group International Inc. operating as Afex Markets (no relation to Afex Markets Europe Limited in Ireland) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.

Pros: Regular updates|Easy to use platform|Automated trading options|Customizable dashboard

Cons: Live chat only during business hours|Research section could be deeper

A disaster from day one

A
Anna V.
3 months ago

After since the beginning of the year with AFEX Group International Inc. operating as Afex Markets (no relation to Afex Markets Europe Limited in Ireland), I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.

Pros: Portfolio tracking tools|High security standards|No hidden fees

Cons: Wish they had more educational resources

Red flags everywhere

S
Sarah R.
5 months ago

After seeing ads for AFEX Group International Inc. operating as Afex Markets (no relation to Afex Markets Europe Limited in Ireland) online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by British Columbia Securities Commission. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.

Pros: Website looks legitimate on the surface

Cons: Flagged by British Columbia Securities Commission|Cannot verify credentials

Platform down more than it is up

A
Andrea M.
5 months ago

I lost a significant amount because AFEX Group International Inc. operating as Afex Markets (no relation to Afex Markets Europe Limited in Ireland) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.

Pros: Social trading features|Intuitive for beginners|Personal attention|Smooth onboarding

Cons: Limited cryptocurrency options

Warning to all investors

P
Peter N.
6 months ago

I invested $25,000 with AFEX Group International Inc. operating as Afex Markets (no relation to Afex Markets Europe Limited in Ireland) after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to British Columbia Securities Commission.

Cons: No regulatory oversight|Money disappeared|Fake testimonials

They upsell insurance you do not need

A
Anna O.
6 months ago

I signed up with AFEX Group International Inc. operating as Afex Markets (no relation to Afex Markets Europe Limited in Ireland) through a podcast recommendation and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.

Pros: Market news feed|Automated trading options|Good analytical tools|Helpful community forum

Cons: Minor UI glitches occasionally|Website design could be more modern

Does not even meet basic standards

L
Lily K.
7 months ago

Where do I even begin with AFEX Group International Inc. operating as Afex Markets (no relation to Afex Markets Europe Limited in Ireland)? since I opened my account last year of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.

Pros: Personal attention|Instant funding|Responsive team

Cons: No integrated tax optimization|Minimum deposit could be lower

Licensed in a tax haven only

A
Amy W.
7 months ago

My withdrawal from AFEX Group International Inc. operating as Afex Markets (no relation to Afex Markets Europe Limited in Ireland) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for over three years of being strung along.

Pros: API access|Easy to use platform|Multi-device support|Professional team

Cons: Could offer more webinars

Demo and live behave differently

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Lindsey L.
8 months ago

I have been trying to close my account with AFEX Group International Inc. operating as Afex Markets (no relation to Afex Markets Europe Limited in Ireland) for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.

Pros: Comprehensive tools|Fast support response|Multi-currency support

Cons: Help articles are sometimes vague|Would like more payment methods