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.
KYC with AFEX Group International Inc. operating as Afex Markets (no relation to Afex Markets Europe Limited in Ireland) is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Fast support response|Educational resources
Cons: Onboarding videos are outdated|Some tools only available on higher tiers
What really bothers me about AFEX Group International Inc. operating as Afex Markets (no relation to Afex Markets Europe Limited in Ireland) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after a family member had a good experience and I fell for the polished exterior. Never again.
Pros: Multi-currency support|Great customer service|Fast execution|Market news feed
Cons: Cannot customize dashboard fully
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
The so-called education at AFEX Group International Inc. operating as Afex Markets (no relation to Afex Markets Europe Limited in Ireland) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted since early this year thinking they would help me learn.
Pros: Easy to use platform|Educational resources
Cons: Cannot customize dashboard fully