At first glance, Afex‑Markets.com markets itself as a capable forex, CFD, and crypto trading service with competitive spreads and platform features. But beneath the surface lies a troubling reality: no valid licensing, cascading warnings, anonymous ownership, and a proven pattern of fraud. Here’s a comprehensive breakdown of why it’s unsafe.

🏷️ 1. No Regulatory License — Claims That Don’t Exist

Though AFEX EU claims to be regulated by authorities like the UK’s FCA, Italy’s CONSOB, and Germany’s BaFin, investigations confirm no such registrations exist. The FCA has flagged the company for false regulation claims, stating that AFEX EU is unlicensed and delivering financial services illegally to UK clients. BaFin and other European regulators have reportedly begun reviewing operations under concern. ([turn0search9]turn0search0]turn0search1])

📝 2. Classified by Analysts as an Unregulated Fraud

Multiple independent watchdogs—including Chainbits, ForexBrokerz, TheForexReview, and Personal‑Reviews—consistently label AFEX Market as an unregulated, offshore broker operating as a clone firm, with no oversight, hidden identities, and inconsistent legal documents. They caution ethically minded traders to avoid the platform entirely. ([turn0search0]turn0search3]turn0search9]turn0search5])

🚫 3. Contradictory and Incomplete Legal Documentation

When users register, they’re prompted to accept Terms, Risk Disclosures, and Privacy Policies—but all links either fail to load or lead to generic placeholders. The only legal entity referenced is “Yourt North Ltd”, which is listed on Companies House under computer‑services activities—not financial services. That exact name appears on several known scam websites, indicating the same fraudulent operator. ([turn0search0]turn0search3]turn0search5])

📉 4. Fake Platform Tooling, No Demo, No Reliability

While the site advertises MetaTrader 4, users report it’s actually a simple web‑based trading interface. Reports indicate non-functional charts, frozen balances, and disconnects—undermining any confidence in real execution. No demo exists to test systems. ([turn0search3]turn0search9])

💵 5. High Leverage, Big Deposits, Risk-Heavy Conditions

AFEX promotes leverage up to 1:500, while reputable regulators cap leverage at 1:30 maximum. Their advertised minimum deposit of $250 to $10,000+, along with bonus enticements, directly contradict regulatory norms and suggests they are catering to high‑risk or uninformed investors. ([turn0search2]turn0search3])

📞 6. Fake or Broken Contact Details

The website lists a London address and phone numbers, but none follow through. Chainbits and ScamGuard report customers encountering no working lines, customer service that disappears once funds rise, and failure to respond to inquiries. This reinforces the notion of a non‑existent operational base. ([turn0search0]turn0search8])

⏳ 7. Withdrawal Problems — Trapped Funds

Countless users describe the same issue: withdrawal requests get stalled or ignored, often after they report a small profit. Some accounts reportedly remain active only after more deposits are made. Personal‑Reviews warns that fund delays often last months, and once the chargeback window passes, clients are left empty-handed. ([turn0search10]turn0search1])

🌐 8. CONSOB Official Warnings from Italy

Italy’s financial regulator (CONSOB) has listed AFEX Markets among unauthorized platforms blocked for offering illicit investment services to Italian consumers. That public action under EU policies signals danger to all regional users—not just in Italy. ([turn0search11]turn0search7])

🧾 9. Known Scam Tactics and Template Usage

AFEX uses identical branding, account tier names, and website templates seen in other fraudulent sites like SwissFXM and WalkCrypto—suggesting these platforms are produced by the same scam network. Users report university-style email templates, cloned UI, and recycled marketing language across brands. ([turn0search3]turn0search0])

📊 10. Trust Score and Independent Ratings Are Extremely Low

• WikiFX assigns AFEX Brokers a score of zero to one, citing revoked FCA license status and substantial user complaints.

• Reviews highlight fraud reports, blocked withdrawals, and promotion of unlicensed brokers with suspicious credentials. ([turn0search6]turn0search9])

🧪 11. User Complaints Echo Global Scam Patterns

On Reddit forums like r/isthisascam, users confuse AFEX emails as evidence of crypto deposit—a favorite tactic to mislead. Others note it imitates recent fraudulent brands where domain age is mere days or weeks—classic red flag signs. ([turn0reddit13]) Similar global forums warn about brokers that accept crypto only, promise high returns, and collapse soon after.

✅ 12. Danger Summary Table

🧠 Final Takeaway: Avoid Afex‑Markets.com At All Costs

Afex‑Markets.com (including Afex EU / AFEX Market) is a proven unlicensed broker, operating in the shadows with no legal accountability, withdrawn licensing claims, and repeated customer complaints. With no real investor protections or credible identity, it represents nothing more than a high‑risk trap.

If you receive promotional outreach, cold calls, or affiliate pitches for the platform, do not register, do not deposit, and do not respond.

🛡️ Safe Practices When Considering Trading Brokers

• Always verify licensing using official regulator sites: FCA, CySEC, ASIC, CONSOB.

• Avoid platforms with broken or blank T&Cs, hidden WHOIS data, or unrealistically new domains.

• Never proceed if the platform pushes high leverage, crypto-only deposits, or fast returns without transparency.

• Look for independent reviews, especially on forums and financial watchdog databases.

• Test withdrawals with small deposits early—if withdrawal fails, stop immediately and disengage.

Afex‑Markets.com exhibits nearly every warning marker of a fraudulent broker—its only aim: to collect deposits and vanish. Steer clear.

1. Report Afex-markets.com And Recover Your Funds

   If you have lost money to afex-markets.com, it’s important to take action immediately. Report the scam to BRIDGERECLAIM.COM , a trusted platform that assists victims in recovering their stolen funds. The sooner you act, the better your chances of reclaiming your money and holding these fraudsters accountable.

   Scam brokers like afex-markets.com continue to target unsuspecting investors. Stay informed, avoid unregulated platforms, and report scams to protect yourself and others from financial fraud.