AFX Markets Online Review 2025

Is AFX Markets Online Scam or Legit Broker?

According to our research, AFX Markets Online is a total scam. The broker is not regulated and has no legal right to provide financial services to the public. Moreover, AFX Markets Online has been suspected of fraud, when pretending to be another company with a better reputation.

What is AFX Markets Online?

AFX Markets Online is an online broker providing trading services by offering various account types, trading software, and tools to enable individuals and institutional investors to trade Forex and CFDs on indices, metals, and energies. The company is owned and operated by the offshore-based Blue Isle Markets Inc. located in St. Vincent and the Grenadines. Despite its offshore registration, the company is located in Johannesburg, South Africa.

• Many brokerages operate without regulation in offshore jurisdictions such as St. Vincent and the Grenadines, the Marshall Islands, and Seychelles. One of the major reasons that these brokers choose to forego regulation is to cut their operational costs. Another reason is that those brokers are basically not regulated by any authority. That's why we recommend avoiding trading with offshore-registered brokers.
• Licensed brokers, on the other hand, overseen by a well-respected financial institution, such as the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA) or the Australian Securities and Investments Commission (ASIC) offer traders sufficient security for their investments.

AFX Markets Online Review Conclusion

We strongly advise opening a trading account only with brokers that are regulated by respected world authorities that comply with the required set of rules and have a good reputation through the delivered timeframe of operations. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and Eightcap.

AFX Markets Online Update

Our findings showed that AFX Markets Online is no longer active. The broker’s website is unavailable to reach. Besides, there is no evidence of whether the broker operates or not. We recommend avoiding any offshore-based brokers due to their instability and lack of serious regulations.