Fast Facts
Contact Info and Support
Traffic information
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About AFX GROUP
AFX Group (trading name “AFX Group”) presents itself as a Cyprus-based multi‑asset broker offering Forex, CFDs, spread betting, social trading, and share dealing via MetaTrader 4 on web, iOS, and Android. It reportedly offers four account types (demo, ECN, STP, Islamic) with a minimum deposit around $/€/£200, and supports deposits and withdrawals via credit cards, bank transfers, and American Express, with processing times averaging 2–5 days. Contact details include email info@afxgroup.com and phone numbers +39 0287 242 331 / 800 796 110. (Platform details, account types, deposit/withdrawal methods and amounts from WikiFX and WikiBit) ()
Regulatory information confirms that AFX Group claims to hold CySEC license number 119/10 and FCA license number 529264; however, both licenses have been revoked, and the FCA‑claimed license number 560872 is suspected to be a clone. The firm is listed as a “suspension of business” with low trust rating. (Regulatory revocations and clone suspicion from WikiFX and WikiBit) ()
In a related case, AFX Markets Limited, a UK‑registered affiliate, was placed into special administration by order of the High Court of Justice of England and Wales following an FCA application. The FCA required the firm to cease regulated activities (except closing client positions) and freeze all client money. AFX Capital Markets Ltd, based in Cyprus, is the parent entity whose CySEC license was suspended on 19 July 2019. Approximately £7.5 million of client funds across about 1,200 accounts were affected. (Administration and regulatory intervention details from FCA and Finance Magnates) ()
Pros and cons
Cons
- Neither CySEC nor FCA licenses are valid; FCA‑claimed license suspected to be a clone. ()
- Subject to special administration; client funds frozen or at risk. ()
- No functioning website, limited transparency on company information. ()
Pros
- Claims to offer multiple account types and MT4 platform, including Islamic accounts. ()
- Supports common deposit methods and provides customer contact information. ()













