Afex EU Review

About Afex EU

Afex EU claims to be operated by “AFEX Europe Limited” and regulated by the UK's Financial Conduct Authority (FCA), Germany’s BaFin, and Italy’s CONSOB, but none of these claims are authentic. The FCA issued a warning stating that AFEX Europe Limited / Afex EU is not authorised and may be providing financial services in the UK without authorisation (). Similarly, the Central Bank of Ireland warned that Afex EU is operating as an investment firm in Ireland without the required authorisation (). The German BaFin alerted consumers that Afex EU is conducting banking and financial services via afexeu.com without authorisation (), and CySEC added Afex EU to its warning list, confirming it holds no investment services licence (). CONSOB ordered the blackout of Afex EU’s websites due to illegal provision of financial services (). Additionally, the Ontario Securities Commission (OSC) issued a warning that Afex EU (at afexeu.com and afexeu.ltd) is not registered to engage in securities trading in Ontario (). No licences, account types, instruments, platforms, fees, or other trading terms are verifiable from official sources.

Pros and cons

Pros

• None documented from official sources.

Cons

• No valid regulatory authorisations from FCA, BaFin, CySEC, CONSOB, or CBI.
• Multiple regulatory warnings and blackout orders in EU jurisdictions and Canada.
• No verifiable information on trading conditions, account types, platforms, or depositor protection.