AFX Capital Review

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Rating:
☆☆☆☆☆
AFX Capital logo
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Fast Facts

Founded: Account Currencies
2010 EUR, USD
Trading Instruments: Trading Platforms:
Forex, Commodities, Stocks, Indices, Equities, ETFs, Bonds, Futures, Options, CFDs MetaTrader 4
Funding Methods: Regulation
Bank transfers, credit/debit cards, Visa card, Master Card, American Express. CySEC (Cyprus)
Max Leverage: Min Deposit:
1 : 500 $200

 

Contact Info and Support

Telephone:  +39 0287 242 331

Company Address:  

Supported languages: Russian, English, Spanish, Arabic, Italian

 

Pros and Cons

Pros Cons
None identifiable No Valid Regulation
Stoppage of Business
Unsafe Funds
Withdrawal/Service Issues

 

Deposits / Withdrawals

  • Deposit Methods: Bank transfers, credit/debit cards, Visa card, Master Card, American Express.
  • Withdrawal Methods: Bank transfers, credit/debit cards, Visa card, Master Card, American Express.

About AFX Capital

AFX Capital is a Forex broker that was established in 2010. Regulated by the Cyprus Securities Exchange Commission (Cysec), AFX Capital accepts the base currencies of EUR, USD, and JPY, and offers both fixed and variable spreads.

Using either a live account or a demo you can trade Forex, metals, commodities such as oil and gold, and various indices. AFX Capital is available live 24/5 to help a beginner or expert trader with any of their Forex or CFD trading. The available live accounts are Fixed, Classic, Premium, ZuluTrade and AFX MT5. AFX Capital also has its own branded MT4 trading platform as well as mobile and web platforms. Some include AFX Itrader, AFX Android Platform, Blackberry Platform, Mobile Platform and Multi-terminal trading capabilities.

Some other advantages of having an account with AFX Capital are no extra commissions or fees, as well as tools for charting and technical analysis which are standard for most Forex brokers. It should be noted, however, that the minimum deposit to open an account with AFX Capital is $200, which is significantly more than the mandatory minimum to open an account with most other Forex brokers. When opening an AFX MT5 account the advantages are lower spreads, appropriate for all traders, over 80 available instruments, Forex and CFD Trading Specifications.

AFX advertises presents itself as a multi-asset platform with 27+ tradable assets, including Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. The platform claims to offer four types of trading accounts, namely demo, ECN, STP and Islamic accounts. However, we didnt find any information on the minimum initial deposit requirement to open an account.

The platform available for trading at AFX is one of the most notable and preferred trading platforms the market offers – MetaTrader4 on Webtrader, iOS and Android devices. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality.

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