AFP has been flagged by The Dutch Authority for the Financial Markets for "Fraud and Other Types of Misconduct". The Netherlands Authority for the Financial Markets (AFM) warns consumers not to respond to offers from AFP. This company is a suspected boiler room, a form of online investment fraud. AFP has approached persons without being asked, to offer them investment proposals. A boiler room is a collectiv... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: https://afp-online.org/”.
For anyone considering AFP, please be aware that this company has been flagged by The Dutch Authority for the Financial Markets. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Flagged by international regulators|Due diligence required
I requested my data from AFP under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Good analytical tools|Risk management tools|Good mobile app|Low minimum deposit
Cons: No fractional shares|No crypto staking
Where do I even begin with AFP? since I retired 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: Dedicated account manager|Customizable dashboard|Segregated accounts|Easy to use platform
Cons: None so far
I had a dispute with AFP 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: Automated trading options|Real-time alerts|Demo account available
Cons: No phone support on weekends|Inactivity fee applies after 12 months
I want to warn everyone about AFP. They have been flagged by The Dutch Authority for the Financial Markets as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
My withdrawal from AFP 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 a couple of months now of being strung along.
Pros: Regular updates|Demo account available
Cons: No crypto staking|Mobile app could be improved
Several red flags with AFP: (1) They promise unrealistically high returns, (2) They're not registered with The Dutch Authority for the Financial Markets, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
Do not be fooled by the professional-looking website. Behind the scenes, AFP is disorganized and incompetent. I found them through word of mouth in my investment club and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Dividend tracking|Low minimum deposit|Comprehensive tools
Cons: Research section could be deeper|Nothing significant
KYC with AFP 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: High security standards|Detailed reporting|Professional team
Cons: Live chat only during business hours|No fractional shares
After since the beginning of the year with AFP, 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: Clear documentation|Smooth onboarding
Cons: Help articles are sometimes vague|Inactivity fee applies after 12 months