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afx Markets: Mauritius dealing permission, MT5 and distinct reserve products

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.

By FXBrokers.ai Editorial DeskOperating status: ActiveSources checked Published Updated
Profile scope

Scope follows the named account issuer. Company marketing, historical documents and independently matched register findings are distinguished in the profile; no funded trading or withdrawal test was performed.

  • The operator identifies Mauritius-incorporated afx Markets Ltd, formerly Vortex Inc., with company-published FSC investment-dealer licence GB19024587.
  • Its app and MT5 forex/derivative facilities should not be confused with separate reserve-oriented product marketing.
  • The website expressly excludes residents of several countries and requires a UK self-certified sophisticated-investor declaration for the relevant entry path.

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

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Account comparison01

Accounts, minimums and distinguishing rules

Accounts, minimums and distinguishing rules
Account or tierOpening amount / purposeQuoted pricing or productsLimits and interpretation
Main trading accountAccount minimum not reliably establishedMT5 / afx.com app, depending on account entitlementLive spread and commission must be retrieved from client scheduleSource 1
Demo or demonstrationSubject to platform enrolmentSimulated pricing, not evidence of trade-fill performanceNo real-money withdrawalsSource 1
Reserve-linked offerDistinct instrument or offeringDo not merge terms with ordinary FX margin accountContract type, redemption and risks require separate documentsSource 1

View full spreads & trading costs

Markets and contract scope

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Specifications02

Advertised markets and what the contracts represent

Advertised markets and what the contracts represent
MarketScope and limitation
CurrenciesSpot-referenced forex/margin contracts; legal product classification mattersSource 1
Equity indicesBenchmark derivative exposure; individual underlying securities not deliveredSource 1
CommoditiesEnergy and metal-linked products as advertised; inspect symbol listSource 1
Additional investmentsReserve-style marketing must be evaluated under its own product disclosureSource 1

Trading costs and account charges

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Pricing & charges03

Charging basis, units and important qualifications

Charging basis, units and important qualifications
Cost componentPublished condition or unresolved issue
FX dealingLive bid/ask spread; published uniform price schedule not establishedSource 1
CFD financingOvernight swap/holding rate by instrument and trading sideSource 1
Non-FX investmentsReserve-linked product terms not reducible to CFD spreadSource 1
Currency conversionDeposit/account/instrument currency mismatches may add conversionSource 1
Account maintenancePublished current fixed dormancy tariff not independently establishedSource 1

Platforms, orders and margin controls

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At a glance04

MT5 service and strategy exposure

MT5 service and strategy exposure
AreaPublished scope
TerminalMT5 trading and automated Expert Advisors are promoted.Source 2Source 4
Strategy followingCopy functionality is marketed; allocation and position-disconnection rules are not established.Source 2Source 4
Execution permissionThe claimed Mauritius investment-dealer scope is separate from terminal features.Source 2Source 4

Deposits, withdrawals and settlement

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Process05

Payment and withdrawal details

Payment and withdrawal details
Channel or issuePublished condition and limitation
Bank/card optionsConfirm methods and final contracting company during onboardingSource 1
Deposit clearanceClient identity and source-of-funds checks applySource 1
Withdrawal routeExact cutoff, minimum and fee not verifiable from public inspected pagesSource 1
Reserve redemptionSeparate redemption mechanics and liquidity restrictions may applySource 1

Entities, permissions and safeguards

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Entities & regulation06

Entities, regulatory scope and investor rights

Entities, regulatory scope and investor rights
IssueLegal/company statement and limitation
Mauritius companyafx Markets Ltd, company 174130 GBC (formerly Vortex Inc.), claims FSC investment dealer full service excluding underwriting GB19024587Source 1
EUWebsite explicitly says firm is not EU-established or EU-regulatedSource 1
UK promotionSelf-certified sophisticated-investor declaration warns of possible absence of FCA approval, Ombudsman and FSCS accessSource 1
Regions excludedSite names US, Canada, Russia, Myanmar, Australia, NZ, Iran, North Korea, Cuba, Sudan, Syria and IraqSource 1

Support, complaints and account access

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Availability07

Support and grievance channels

Support and grievance channels
FunctionAvailable public route or evidence gap
Trading terminalMetaTrader 5 and separately promoted afx.com appSource 1
Client servicesOperator promotes direct support; no independent SLA/response metrics reviewedSource 1
ComplaintsWritten process and Mauritius counterparty should be obtained before escalationSource 1
Order managementLimits, stops and margin depend on actual application and instrumentSource 1

Published contact routes

Official website / client contactWebsite
https://afx.com/Source 1

Scope Account eligibility, compliance, payment and complaint routing

Copy trading, incentives and trading tools

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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]

At a glance08

Diversified GBP allocation

Diversified GBP allocation
ComponentPublished allocationRelevant distinction
Capital Reserve Account40%Advertised 2% monthly return; no deposit guarantee inferred.Source 3
Medium-risk strategy20%Investment allocation, not cash reserves.Source 3
High-risk strategy20%Separate strategy exposure.Source 3
High+ strategy20%Highest labelled risk tier.Source 3

Company structure and regional scope

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At a glance09

Current corporate description

Current corporate description
FieldCompany statement
ContractorAFX Markets Ltd, formerly Vortex Inc.Source 1
Mauritius registration174130 GBC.Source 1
Investment-dealer referenceGB19024587; not independently matched to a firm-specific register result in this review.Source 1
EU positionWebsite says it has no EU establishment or EU regulation.Source 1
The companies behind the brand

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

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The public terms page returned a heading and corporate footer without a usable retail tariff or withdrawal agreement. The advertised 2% monthly Capital Reserve return should therefore be read as a promotional statement whose payment conditions and capital-loss treatment remain unresolved.[5][3]

Follow the evidence

Sources & further reading

  1. International corporate disclosures afx Markets · Accessed 22 Oct 2026
  2. Platform and MT5 features afx Markets · Accessed 22 Oct 2026
  3. Diversified GBP strategy allocation afx Markets · Accessed 26 Oct 2026
  4. Company description of dealer permissions afx Markets · Accessed 26 Oct 2026
  5. 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.

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