Review summary
Afex EU is a retail foreign exchange (forex) broker claiming to operate within China's domestic market. According to WikiFX data, the entity has been active for an estimated 2-5 years. The broker's regulatory profile is a primary area of concern, as it holds no valid forex trading licenses from recognized financial authorities, classifying it as an unregulated offshore operation. Its declared 'Suspicious Scope of Business' further complicates its operational transparency. According to the WikiFX assessment, the broker offers multiple account tiers, including Standard, Premium, Gold, and VIP, with minimum deposits ranging from 250 USD to 250,000 USD and floating spreads starting from 1.5 pips on the Standard account. All listed accounts support advanced trading features such as scalping, automated trading via Expert Advisors (EAs), and locked positions. The broker's overall WikiFX score is 1.45, reflecting significant deficiencies in regulatory standing, license verification, and risk control. For traders, the absence of credible regulatory oversight presents a substantial risk regarding fund security and dispute resolution. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-24)
