AFX Capital Review

Overall AFX Capital offers a vast range of trading software, including AFX MT4, AFX Mobile Trader, AFX iTrader, AFX Multiterminal, and AFX FAST. AFX Capital has low trading fees with a overall rating of 5/10.

AFX Capital at a glance

Overall Rating

• 2.5/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 25

Regulators

FCA, CySEC

Trading Platform

AFX MT4, AFX Mobile Trader, AFX iTrader, AFX Multiterminal, AFX FAST

Crypto

No

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

AFX CAPITAL offers a vast range of trading software, including AFX MT4, AFX Mobile Trader, AFX iTrader, AFX Multiterminal, and AFX FAST

AFX Capital Review – 19 Key Point Quick Overview Revealed (2025):

1. AFX Capital Overview
2. AFX Capital Safety and Security
3. AFX Capital Pros and Cons
4. AFX Capital Leverage
5. AFX Capital Accounts
6. AFX Capital Market Instruments
7. AFX Capital Fees
8. AFX Capital Deposit and Withdrawal
9. AFX Capital Trading platforms
10. How to open an account with AFX Capital
11. AFX Capital Customer Support
12. AFX Capital Education
13. AFX Capital Research 
14. AFX Capital Awards
15. AFX Capital vs FX Solutions vs AJ Bell – A Comparison
16. AFX Capital Current Popularity Trend
17. Conclusion
18. Disclaimer
19. Frequently asked questions

AFX CAPITAL is an online Forex broker targeting audiences from various market sectors across the globe and acts in a strict regulatory environment.

AFX Capital Overview

According to research in South Africa, AFX CAPITAL is the trade name of AFX CAPITAL Markets Limited, established in 2010, and based in Limassol, Cyprus.

AFX CAPITAL offers access to all global markets using one integrated account which includes a complete product offering such as Forex, Metals, Oil, Commodities, Indices and more.  AFX CAPITAL’s service team provides professionalism, experience, skills, and dedication to service retail and institutional traders 24 hours a day, 5 days a week.

AFX Capital Safety and Security

One of the best benchmarks to measure the safety of a broker like AFX CAPITAL is to establish which regulating authorities are watchdogs over its actions.

AFX CAPITAL exists under the Laws of the Republic of Cyprus and is regulated by the Cyprus Securities Exchange Commission (CySec) under license No 119/10.

Also being regulated by the United Kingdom Financial Conduct Authority, AFX CAPITAL keeps all client funds in a segregated bank account at tier-1 banks.

Overall Rating

• 2.5/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 25

Regulators

FCA, CySEC

Trading Platform

AFX MT4, AFX Mobile Trader, AFX iTrader, AFX Multiterminal, AFX FAST

Crypto

No

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

AFX Capital Pros and Cons

AFX Capital Leverage

Leverage is a facility that enables you to get a much larger exposure to the market you are trading than the amount you deposited to open the trade. Leveraged products, such as forex trading, magnify your potential profit – but also increase your potential loss.

Leverage amount is expressed as a ratio, for instance, 50:1, 100:1, or 500:1. Assuming that you have $1,000 in your trading account and you trade ticket sizes of 500,000 USD/JPY, your leverage will equate to 500:1.

Margin is the amount of collateral to cover any credit risks that may arise during your trading operations. It is expressed as the percentage of position size (e.g. 5% or 1%), and you have to have funds in your trading account to ensure sufficient margin.

For example, on a 1% margin, a position of $1,000,000 will require a deposit of $10,000. The margin level in a trading account needs to be equal or more than 100% to be able to open new trades, otherwise, your trading account will be fully hedged.

AFX CAPITAL offers a maximum leverage ratio of 1:500.

AFX Capital Accounts

A forex account at AFX CAPITAL is a trading account that you will hold and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading on currencies.

Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against the Islamic faith.

Often, the number and type of accounts that a trader can open with a broker company differ depending on the country in which it operates and the regulatory authorities under whose jurisdiction it falls.

AFX CAPITAL offers the following types of accounts:

AFX Premium Account – offers 200 forex instruments and the minimum deposit to open is $500

AFX Classic Account – offers 500 forex instruments and the minimum deposit to open is $25

AFX Fast Account – offers 100 forex instruments and the minimum deposit to open is $2000

AFX Pro Account – offers 500 forex instruments and the minimum deposit to open is $5000

All accounts have floating spreads, with a minimum of 0.4 pips.

AFX Capital Market Instruments

The most popular market instruments available from most brokers for trading include:

Forex:

Forex trading describes the currency exchange market which refers to the global, decentralized marketplace where individuals, companies, and financial institutions exchange currencies for one another at floating rates.

Commodities:

Commodity markets offer many investment opportunities for traders. Soft commodities have been traded for centuries and play a major role in portfolio diversification and risk management. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of economic uncertainty.

Indices:

Equity, or stock indices, are actual stock market indexes that measure the value of a specific section of a stock market. They can represent a specific stock market or a specific set of the largest companies of a nation.

Precious metals:

The trading of gold and other precious metals, along with crude oil, copper or petroleum, are hard commodities that play a major role in the commodities market and are contract-based tradable goods.

Energy:

The typical feature of energy prices is high volatility due to the influence of political and environmental factors, supply and demand, extreme weather conditions and global economic growth.

AFX CAPITAL offers the following of the above:

FX/Currencies

Commodity CFDs

Index

and Stock CFDs

AFX Capital Fees

Cost depends on different factors, like spread and margins, and AFX CAPITAL clients may also experience different fee structures according to their country or place of residence.

The spread of a currency pair is the difference between the bid and the asking rate. A pip represents the smallest increment that an exchange rate can move.

Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size (volume) of the position, and the leverage applied to your trading account.

AFX CAPITAL takes a fee from the spread, which is the difference between the buy and sell price of an instrument.

The applicable commissions and spreads are competitive and displayed on the website. AFX CAPITAL’s minimum spread for trading EUR/USD is relatively low compared to average EUR/USD spread of 0.70 pips.

AFX Capital Deposit and Withdrawal

Accounts usually require a certain minimum initial deposit, which can be paid in several ways. Withdrawals can usually be done in the same ways, but sometimes differ.

In the case of AFX CAPITAL the following methods can be used to fund accounts or execute withdrawals:

Credit cards, Bank Transfer, Skrill, and Neteller. Minimum deposits required for the different accounts vary from$25 for the AFX Classic Account to $5000 for the AFX Pro Account.

AFX Capital Trading platforms

The forex trading platform provided by AFX CAPITAL to its clients is in essence the software to carry out their trades. Some brokers provide only one, others quite a few platforms.

A multi-asset trading platform is one that allows clients to trade forex as well as other asset classes. The decision about which platform to choose will usually depend on what a client would like to trade.

AFX CAPITAL provides offers MT4, one of the world’s most advanced trading platforms.

Customers can take advantage of the strong execution time and system stability. Traders can also make use of the AFX Mobile Trader, which allows them to trade from their mobile.

AFX iTrader is an innovative application designed for the iPhone and the AFX Multiterminal is developed to meet the needs of Portfolio Managers that wish to manage multiple accounts with one click of a button.

How to open an account with AFX Capital

Similarly to a bank, to register a forex trading account with AFX CAPITAL for the first time, you will be required to go through a basic “know your customer” process, which will allow AFX CAPITAL to ascertain that your submitted details and ensure the safety of your funds and account details.

With AFX CAPITAL the process entails that, according to CySEC requirements, every new client must pass some basic compliance checks to ensure they understand the risks of trading and are allowed to trade.

When opening an account, customers may be asked for the following:

A scanned color copy of their passport, driving license, or national ID

A utility bill or bank statement from the past three months showing their address

They must also answer a few basic compliance questions to confirm how much trading experience they have.

You may be able to explore AFX CAPITAL’s platform straight away, but not make any trades until you pass compliance, which can take up to several days.

AFX Capital Customer Support

Potential traders need to make sure the broker company they chose will offer sufficient support whenever they need it. In the case of AFX CAPITAL customers can reach the support team via phone calls, live chat, email, or a visit to an office.

AFX Capital Education

Before starting to trade, potential clients of AFX CAPITAL should avail themselves of all possible information and trading skills needed to be successful in the world of forex and commodity trading.

Very little information about educational material could be found on the website of AFX CAPITAL.

AFX Capital Research 

To be able to trade with confidence, traders should do as much as possible research about this kind of speculative trading before commencing, but also preceding every daring deal to ensure that they don’t lose money unnecessarily and trade as profitable as possible.

With AFX CAPITAL they have access to only the very basic resources that may help traders to trade profitable and not lose a lot of money.

AFX Capital Awards

Being an awarded company instills extra confidence in traders.  Although AFX CAPITAL is acclaimed by a few customers, there is no indication of awards won on its homepage.

AFX Capital vs FX Solutions vs AJ Bell – A Comparison

AFX Capital Current Popularity Trend

As According to Google Trends, here is an overview of how frequently the search term – “AFX Capital” is entered into Google’s search engine over a given period of time.

Overall Rating

• 2.5/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 25

Regulators

FCA, CySEC

Trading Platform

AFX MT4, AFX Mobile Trader, AFX iTrader, AFX Multiterminal, AFX FAST

Crypto

No

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Conclusion

AFX CAPITAL is a licensed European brand of the AFX Markets Ltd company and offers trading and investment services to clients worldwide, providing access to various markets with an opportunity to trade different financial instruments.

The company is under the jurisdiction of the Cyprus Securities and Exchange Commission (CySEC), the UK Financial Conduct Authority (FCA) and the EU Markets in Financial Instruments Directive (MiFID).

Some sources also mentioned that it is regulated by the Italian Securities and Exchange Commission (CONSOB), the Dubai Multi Commodities Centre (DMCC), the Netherlands Authority for the Financial Markets (AFM) and the National Securities Market Commission of Spain (CNMV).

It seems however that Cysec had suspended the license of AFX Capital Markets Ltd. in July 2019 while the UK FCA had announced shortly after that AFX Markets Limited was in special administration.

Disclaimer

AFX CAPITAL warns potential customers that Forex and CFDs trading always carries a high risk and may not be suitable for all investors.

Before deciding to trade with AFX CAPITAL, potential traders are advised to carefully consider their investment objectives, financial situation, needs and level of experience before investing money they cannot afford to lose.

AFX CAPITAL warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable, hence AFX CAPITAL cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.

Frequently asked questions

TRADING ENVIRONMENT

1. How many instruments can I trade with AFX CAPITAL?

You can trade a number of different instruments with AFX CAPITAL, which include the following:

• FX/Currencies
• Commodity CFDs
• Index
• and Stock CFDs.

2. Which platforms are supported by AFX CAPITAL?

AFX CAPITAL provides the following popular trading platforms:

• AFX MT4,
• AFX Mobile Trader,
• AFX iTrader,
• AFX Multiterminal,
• AFX FAST

3. Does AFX CAPITAL offer leverage?

Yes, AFX CAPITAL offers a maximum leverage of 1: 500

4. What spreads can I expect with AFX CAPITAL?

AFX CAPITAL claims to offer competitive spreads and more information can be obtained from the customer support service.

5. Does AFX CAPITAL charge commission?

More information on commissions can be obtained from the customer support service.

6. Is AFX CAPITAL regulated?

Yes, AFX CAPITAL is regulated by the Cyprus Securities and Exchange Commission (CySEC), the UK Financial Conduct Authority (FCA) and the EU Markets in Financial Instruments Directive (MiFID).

7. Is AFX CAPITAL a recommended forex trading broker for experts and beginners?

AFX CAPITAL offers a fair trading environment for all types of traders.

8. What is the overall rating out of 10 for AFX CAPITAL?

5/10

ACCOUNTS

1. What is the difference between a demo and a live trading account?

A demo account is offered by broker companies and funded with virtual money that enables a prospective customer to experiment with the company’s trading platforms and its features, before setting up a real account funded with the customers actual money.

Does AFX CAPITAL offer a demo account?

Yes

2. How long is the demo account valid?

Not indicated.

3. Which live trading accounts does AFX CAPITAL offer?

• AFX Premium
• AFX Classic
• AFX Fast
• AFX Pro
• Islamic account

4. What are the available deposit currencies for a live trading account?

USD and more.

DEPOSITS AND WITHDRAWALS

1. What is the minimum deposit for AFX CAPITAL?

$ 25

2. How do you make a deposit and withdrawal with AFX CAPITAL?

AFX CAPITAL offers the following deposit and withdrawal methods:

• Credit cards,
• Bank Transfer,
• Skrill and

Withdrawals can be done via:

• Credit cards,
• Bank Transfer,
• Skrill and

3. Does AFX CAPITAL charge withdrawal fees?

Yes, the different amounts can be found on the company homepage.

4. How long does it take to make a withdrawal?

Depending on bank services it may take several days for the money to be available.