AFSBank (clone of AFS Group B.V.) has been flagged by The Dutch Authority for the Financial Markets for "Fraud and Other Types of Misconduct". Be careful with look-a-likes! The AFM warns consumers against fraudulent websites who misuse the name of the Dutch entity AFS Group B.V. and its employees. AFS Group B.V. is not involved in these fraudulent practices. Subsidiaries of AFS Group B.V. hold a license from the AFM and make use of the ... 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://afsbp.net/.
I gave AFSBank (clone of AFS Group B.V.) a fair chance. After for about eight months of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Social trading features|API access|Two-factor authentication|Regular platform improvements
Cons: Could offer more webinars
The mobile app from AFSBank (clone of AFS Group B.V.) is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Great customer service|Instant funding|Responsive team|Easy withdrawals
Cons: Could offer more webinars|Nothing significant
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that AFSBank (clone of AFS Group B.V.) has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Flagged by The Dutch Authority for the Financial Markets|Cannot verify credentials
I invested $500 with AFSBank (clone of AFS Group B.V.) 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 The Dutch Authority for the Financial Markets.
Pros: Professional looking website
Cons: Lost entire investment|Reported to authorities|Unresponsive
KYC with AFSBank (clone of AFS Group B.V.) 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: Wide product range|High security standards|Two-factor authentication|Dividend tracking
Cons: Cannot customize dashboard fully
The onboarding at AFSBank (clone of AFS Group B.V.) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Demo account available|Competitive fees|Wide product range
Cons: Minimum deposit could be lower