Afex Markets Review – Is Afex Markets a Scam Broker?
- Website: https://afex-markets.com/
- Website Availability: Yes
- Address: P.O. Box 559 Dublin, Ireland
- Warning: British Columbia Securities Commission (Columbia) – (BCSC)
- Domain Blacklisted Status: It seems there is no direct mention of this domain being on a blacklist.
Afex Markets Warning Signs That Shouldn’t Be Ignored
Afex Markets has marketed itself as an online trading platform focused on forex and derivatives. The information on the platform mentions professional language and that it has global trading opportunities. When going past the surface, there are a number of red flags that raise serious questions about whether this platform is legitimate.
On August 1, 2025, the British Columbia Securities Commission (BCSC) issued a public warning that stated that Afex Markets is an unregulated broker. The warning from the BCSC stated that this broker is not registered to trade or advise in securities or derivatives in British Columbia. The meaning of this registration is that if something goes wrong, the investor has no regulatory protection.
The company also gives the impression of being connected to Afex Markets Europe Limited, registered with the Central Bank of Ireland. But according to the BCSC, the Irish company has no link to the broker in question. This suggests Afex Markets may be misleading users by associating itself with a regulated name.
Trustpilot ratings add to the concern, with an average score of just 2.8 and the majority of reviews being negative.
Since Afex Markets is not regulated by any recognized authority, using this platform involves a very high risk. Without legal safeguards, investors’ money is vulnerable. It is strongly advised to avoid this broker.
Why You Must Be Careful?
We’ve been tracking down fake brokers and dark investment plans for many years. Our investigations cover many cases, from forex trading scams to currency trading scams and crypto scams. After years of research and hundreds of real cases, we now know how these scams work and how they play with innocent victims.
Grand promises, unusually high excess returns, and withdrawal issues – these are all common investor-trapping tactics.
If trading with Afex Markets is a possibility, remain cautious. There has to be thorough research and intelligence supervision so that one is not made a victim of any such dishonest practice.
Avoid Trending Financial Frauds
Scammers never stop inventing new techniques for scamming unsuspecting people. Some of the most trending frauds include:
Investor Impersonation Scams: Fraudulent investment companies promise high profits within a short time; they disappear with every deposit.
Romantic Scams: Scammers pretend to develop online relationships merely to gain victims’ financial trust before scamming them.
Gift Card Scams: Scammers insist on payments being made through gift Card, hence making the transactions irreversible.
Bank Account Fraud: Identity theft and unauthorized access are applied for the purpose of empty bank accounts.
Phishing Fraud: Emails and messages trick people into sharing confidential information.
Cryptocurrency scams: Ponzi schemes and deceptive exchanges trick traders into losing funds.
Forex scams: Unregistered brokers manipulate trades and hold up withdrawals.
Ransomware: Frauds demand ransom to decrypt the information they have encrypted.
When doing financial transactions online, always be observant and handle it cautiously. Meanwhile, verify the legitimacy of a particular broker.
How to Recover Lost Funds?
If you’ve lost money to Afex Markets or similar forex trading scams, you’re not alone. Victims of crypto scams, currency trading scams, and other scam brokers or shady platforms often struggle with scam money recovery.
We assist to recover money from scammers using proven strategies like chargebacks, dispute resolution, and legal action. Our team provides expert advice to help with scammed money recovery and guides victims through the entire recovery process.
Contact Us for a free consultation regarding the recovery of your funds.
Frequently Asked Questions
Q1. Is Afex Markets a safe broker?
No. Afex-markets.com shows major red flags, including no verified regulation and scam-like practices.
Q2. What problems do traders face with Afex Markets?
Users report withdrawal issues, hidden fees, and false promises of high returns.
Q3. How can I recover money lost to Afex Markets?
Document all transactions, report to regulators, and seek expert recovery help. Services like Proupshot assist victims with scam money recovery.
About Proupshot
Proupshot.co is dedicated to revealing every fraudulent broker and delivering accurate information to a trader. We aim to protect investors from scams or fraud in finance and also help victims in recovering their lost funds.
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Also, read TCEHK Review.
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