afx Markets distributes FX and leveraged multi-asset trading alongside a separate reserve-linked offering through a Mauritius company. The group site claims FSC investment-dealer licence GB19024587; the country exclusions and UK financial-promotion self-certification materially constrain access.[1]
Accounts and opening requirements
Sections ↑Accounts, minimums and distinguishing rules
| Account or tier | Opening amount / purpose | Quoted pricing or products | Limits and interpretation |
|---|---|---|---|
| Main trading account | Account minimum not reliably established | MT5 / afx.com app, depending on account entitlement | Live spread and commission must be retrieved from client scheduleSource 1 |
| Demo or demonstration | Subject to platform enrolment | Simulated pricing, not evidence of trade-fill performance | No real-money withdrawalsSource 1 |
| Reserve-linked offer | Distinct instrument or offering | Do not merge terms with ordinary FX margin account | Contract type, redemption and risks require separate documentsSource 1 |
Markets and contract scope
Sections ↑Advertised markets and what the contracts represent
| Market | Scope and limitation |
|---|---|
| Currencies | Spot-referenced forex/margin contracts; legal product classification mattersSource 1 |
| Equity indices | Benchmark derivative exposure; individual underlying securities not deliveredSource 1 |
| Commodities | Energy and metal-linked products as advertised; inspect symbol listSource 1 |
| Additional investments | Reserve-style marketing must be evaluated under its own product disclosureSource 1 |
Trading costs and account charges
Sections ↑Charging basis, units and important qualifications
| Cost component | Published condition or unresolved issue |
|---|---|
| FX dealing | Live bid/ask spread; published uniform price schedule not establishedSource 1 |
| CFD financing | Overnight swap/holding rate by instrument and trading sideSource 1 |
| Non-FX investments | Reserve-linked product terms not reducible to CFD spreadSource 1 |
| Currency conversion | Deposit/account/instrument currency mismatches may add conversionSource 1 |
| Account maintenance | Published current fixed dormancy tariff not independently establishedSource 1 |
Platforms, orders and margin controls
Sections ↑MT5 service and strategy exposure
| Area | Published scope |
|---|---|
| Terminal | MT5 trading and automated Expert Advisors are promoted.Source 2Source 4 |
| Strategy following | Copy functionality is marketed; allocation and position-disconnection rules are not established.Source 2Source 4 |
| Execution permission | The claimed Mauritius investment-dealer scope is separate from terminal features.Source 2Source 4 |
Deposits, withdrawals and settlement
Sections ↑Payment and withdrawal details
| Channel or issue | Published condition and limitation |
|---|---|
| Bank/card options | Confirm methods and final contracting company during onboardingSource 1 |
| Deposit clearance | Client identity and source-of-funds checks applySource 1 |
| Withdrawal route | Exact cutoff, minimum and fee not verifiable from public inspected pagesSource 1 |
| Reserve redemption | Separate redemption mechanics and liquidity restrictions may applySource 1 |
Entities, permissions and safeguards
Sections ↑Entities, regulatory scope and investor rights
| Issue | Legal/company statement and limitation |
|---|---|
| Mauritius company | afx Markets Ltd, company 174130 GBC (formerly Vortex Inc.), claims FSC investment dealer full service excluding underwriting GB19024587Source 1 |
| EU | Website explicitly says firm is not EU-established or EU-regulatedSource 1 |
| UK promotion | Self-certified sophisticated-investor declaration warns of possible absence of FCA approval, Ombudsman and FSCS accessSource 1 |
| Regions excluded | Site names US, Canada, Russia, Myanmar, Australia, NZ, Iran, North Korea, Cuba, Sudan, Syria and IraqSource 1 |
Support, complaints and account access
Sections ↑Support and grievance channels
| Function | Available public route or evidence gap |
|---|---|
| Trading terminal | MetaTrader 5 and separately promoted afx.com appSource 1 |
| Client services | Operator promotes direct support; no independent SLA/response metrics reviewedSource 1 |
| Complaints | Written process and Mauritius counterparty should be obtained before escalationSource 1 |
| Order management | Limits, stops and margin depend on actual application and instrumentSource 1 |
Published contact routes
Copy trading, incentives and trading tools
Sections ↑AFX promotes strategy allocations alongside its MT5 trading service. The diversified GBP page assigns a stated 40% to its Capital Reserve Account and the remainder to progressively riskier strategy categories. These are company descriptions, not a verified performance record.[3]
Diversified GBP allocation
| Component | Published allocation | Relevant distinction |
|---|---|---|
| Capital Reserve Account | 40% | Advertised 2% monthly return; no deposit guarantee inferred.Source 3 |
| Medium-risk strategy | 20% | Investment allocation, not cash reserves.Source 3 |
| High-risk strategy | 20% | Separate strategy exposure.Source 3 |
| High+ strategy | 20% | Highest labelled risk tier.Source 3 |
Company structure and regional scope
Sections ↑Current corporate description
| Field | Company statement |
|---|---|
| Contractor | AFX Markets Ltd, formerly Vortex Inc.Source 1 |
| Mauritius registration | 174130 GBC.Source 1 |
| Investment-dealer reference | GB19024587; not independently matched to a firm-specific register result in this review.Source 1 |
| EU position | Website says it has no EU establishment or EU regulation.Source 1 |
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
afx Markets Ltd (formerly Vortex Inc.)
MauritiusSource 1
No separate licence entry is recorded in this panel.
Material source limitations
Sections ↑Sources & further reading
- International corporate disclosures afx Markets · Accessed 22 Oct 2026
- Platform and MT5 features afx Markets · Accessed 22 Oct 2026
- Diversified GBP strategy allocation afx Markets · Accessed 26 Oct 2026
- Company description of dealer permissions afx Markets · Accessed 26 Oct 2026
- Terms page and current corporate footer afx Markets · Accessed 26 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.