American Futures and Options Exchange has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Addresses: 131 Pearl St New York NY 10005 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.afoex.com.
I closed a profitable position at American Futures and Options Exchange and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Full transparency|High security standards|Copy trading available|Excellent charting
Cons: No integrated tax optimization
Do not be fooled by the professional-looking website. Behind the scenes, American Futures and Options Exchange is disorganized and incompetent. I found them from a blog post comparing services and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Multi-device support|Good analytical tools|Instant funding|Educational resources
Cons: Help articles are sometimes vague
American Futures and Options Exchange has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Comprehensive tools|Multiple order types|Customizable dashboard
Cons: No integrated tax optimization|Desktop app not available on Linux
I opened an account with American Futures and Options Exchange for the past year and a half ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Personal attention|Demo account available|Full transparency
Cons: Limited demo account features|Spreads widen during volatile periods
After using American Futures and Options Exchange for nearly two years, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Dedicated account manager|Professional team|Two-factor authentication
Cons: Wish they had more educational resources
What really bothers me about American Futures and Options Exchange is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them from a blog post comparing services and I fell for the polished exterior. Never again.
Pros: Quick verification|Dividend tracking|Fast support response|Wide product range
Cons: Withdrawal takes 1-2 business days|Currency conversion fee exists
The mobile app from American Futures and Options Exchange 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: Educational resources|Easy withdrawals|Regular platform improvements|Easy to use platform
Cons: Spreads widen during volatile periods
My withdrawal from American Futures and Options Exchange 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 about three months of being strung along.
Pros: Market news feed|Multi-currency support|Real-time alerts
Cons: Onboarding videos are outdated