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AFX Capital Review
AFX Capital is a broker of forex trading services. They provide traders with access to a wide range of assets in a number of markets, such as currencies, indexes, and stocks. They provide a variety of energy, metals, and agricultural.TrioMarkets is an online forex and CFD broker that provides access to global financial markets across currencies, indices, commodities, shares, and cryptocurrencies. As of 2026, the broker continues to position itself as a technology-focused provider with competitive trading conditions and multi-platform support aimed at both new and experienced traders.
This detailed TrioMarkets review explores all key aspects traders need to know before choosing a broker, including regulatory status, trading platforms, fees and costs, tradable markets, deposit/withdrawal options, customer support, and overall strengths and weaknesses.
Company Overview & History
TrioMarkets was founded with the goal of combining advanced trading technology, broad market access, and flexible account solutions. Over time, the broker has expanded its offerings to include popular platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), in addition to its web and mobile trading interfaces.
Although it may not be as large as some global institutional brokers, TrioMarkets emphasizes agility and user experience. The broker continually updates its trading ecosystem to keep pace with evolving trader expectations and market dynamics.
Regulation & Safety
Regulatory Oversight
Regulation is a crucial factor when selecting a broker, as it determines the level of protection traders receive. AFX Capital operates under regulatory frameworks that vary by the legal entity serving clients. It is important to note that regulatory strictness varies across jurisdictions, and traders should verify the specific regulator governing their account.
Well-regulated brokers are expected to comply with requirements such as:
- Client fund segregation
- Transparent reporting
- Periodic audits
- Capital adequacy standards
AFX Capital’s regulatory setup aims to meet compliance requirements in the regions where it services clients, but traders should confirm the applicable regulator for their specific region before opening an account.
Client Fund Protection
Where regulation requires it, AFX Capital holds client funds in segregated bank accounts separate from the company’s operational capital. This practice helps reduce exposure in the unlikely event of financial distress.
Negative Balance Protection
In jurisdictions where negative balance protection is mandated, retail traders cannot lose more than the funds they have deposited — a key safety feature in leveraged markets.
Security & Compliance
AFX Capital implements standard security measures, including:
- Encrypted data transmission
- Two-factor authentication (2FA)
- Know Your Customer (KYC) verification
- Anti-Money Laundering (AML) compliance
These measures help protect both account access and the integrity of client information.
Tradable Markets & Instruments
AFX Capital provides access to a range of financial instruments that support diverse trading strategies.
Forex Trading
Forex is the core market offering and includes:
- Major currency pairs such as EUR/USD, GBP/USD, USD/JPY
- Minor pairs
- Select exotic pairs
Forex markets are popular due to liquidity and 24-hour trading availability.
Indices
Traders can speculate on major global indices through CFD contracts on markets such as:
- US indices (e.g., S&P 500)
- European indices (e.g., FTSE 100, DAX)
- Asian indices (e.g., Nikkei 225)
Indices enable exposure to broad market movements.
Commodities
Commodity CFDs include exposure to:
- Precious metals like gold and silver
- Energy markets such as crude oil and natural gas
These instruments allow diversification beyond traditional forex trading.
Shares & Equities
AFX Capital offers CFDs on select global shares, enabling traders to speculate on individual stock price movements without owning the underlying asset.
Cryptocurrencies
Depending on regional permissions, AFX Capital may offer cryptocurrency CFD trading on major digital assets such as Bitcoin (BTC), Ethereum (ETH), and others. Crypto markets are typically more volatile and risk-intensive.
Account Types & Trading Conditions
AFX Capital aims to accommodate different trader profiles with a variety of account types and trading conditions that may be adjusted based on region and regulatory permissions.
Standard Account
Designed for most retail traders, standard accounts typically feature:
- Variable spreads
- Commission-inclusive or spread-only pricing
- Access to a wide range of markets
- Flexible trading volumes
This account type serves traders beginning or expanding their market access.
Premium / Professional Accounts
Traders with advanced experience or higher volume requirements may qualify for premium or professional accounts, which can offer:
- Tighter spreads
- Lower commission per lot
- Enhanced execution conditions
- Higher leverage (where regulation permits)
Professional accounts are suitable for experienced traders or those managing larger portfolios.
Islamic (Swap-Free) Accounts
To comply with Shariah principles, AFX Capital may provide swap-free accounts in certain regions, removing overnight financing costs while ensuring normal trade functionality.
Demo Account
Demo accounts allow traders to:
- Practice strategies in a risk-free environment
- Test platform features
- Gain confidence before trading live
Demo trading mirrors real market conditions without financial risk and is recommended for all skill levels.
Trading Platforms & Technology
A broker’s platform technology plays a major role in execution quality and user experience. AFX Capital supports multiple platforms designed to suit different trading styles.
MetaTrader 4 (MT4)
MetaTrader 4 is one of the most widely adopted trading platforms in the world and is supported by AFX Capital. Its features include:
- Advanced charting tools
- Technical indicators and drawing tools
- Support for Expert Advisors (EAs) and automated trading
- Multi-timeframe analysis
MT4’s flexibility and stability make it suitable for both manual and algorithmic traders.
MetaTrader 5 (MT5)
MetaTrader 5 expands on MT4 with:
- Additional technical indicators
- In-platform economic calendar
- More timeframes
- Enhanced order types
- Broader market data
MT5 is suitable for traders who prefer a more comprehensive analytical environment.
Web & Mobile Platforms
AFX Capital offers web-based and mobile trading platforms compatible with iOS and Android devices. These platforms allow traders to:
- View real-time market quotes
- Place and modify orders
- Track open positions
- Access price alerts and analytical tools
The mobile app ensures trading flexibility while away from a desktop.
Order Execution & Quality
AFX Capital uses a market execution model, meaning trades are executed at the best available market price rather than at prices selected by the broker. This model improves transparency and reduces the likelihood of requotes.
Execution quality typically depends on:
- Liquidity provider relationships
- Market conditions
- Instrument volatility
While execution is generally sound during normal conditions, slippage can occur during high volatility — a common industry-wide phenomenon.
AFX Capital supports a range of order types including:
- Market orders
- Limit orders
- Stop orders
- Trailing stop orders
These order types help traders manage risk and automate strategic entry or exit points.
Fees, Spreads & Trading Costs
Cost efficiency is a key consideration for all traders. AFX Capital’s fee structure includes spreads, possible commissions, and financing costs.
Spreads
Spreads at AFX Capital are usually variable and depend on instrument liquidity and market conditions. Major forex pairs often have tighter pricing, while exotic pairs and less liquid CFDs carry wider spreads.
Commissions
Some account types incorporate spread-only pricing, while others may involve a commission per trade. The exact commission structure often varies by account tier and trader location.
Swap & Overnight Financing
Hold positions overnight can incur swap or financing charges. For traders using swap-free accounts, overnight interest may be replaced with administrative fees in compliance with regional requirements.
Non-Trading Fees
- Deposit fees: May vary by payment method
- Withdrawal fees: Broker may not charge, but third-party fees can apply
- Currency conversion fees: If base account and funding currency differ
Traders should consult the broker’s official fee schedule for up-to-date information.
Leverage & Margin Requirements
Leverage at AFX Capital is determined by regulatory rules and account classification. Retail traders in regulated jurisdictions are typically subject to leverage caps designed to reduce risk exposure. Professional traders may access higher leverage if they meet eligibility criteria.
Margin requirements and maintenance margins are disclosed within the trading platform and adjust dynamically based on position size and market volatility.
Deposits & Withdrawals
Deposit Methods
AFX Capital supports a variety of funding options including:
- Bank wire transfers
- Debit/credit cards
- Electronic wallets (such as Skrill, Neteller)
- Region-specific payment gateways
Processing times vary by method, with card and e-wallet deposits generally processed faster than bank transfers.
Withdrawal Process
Withdrawals are usually processed via the same method used for deposits, subject to compliance verification. Verification requirements (e.g., KYC) must be completed before funds can be released.
Processing time depends on:
- Payment provider
- Verification status
- Regional banking systems
Base account currencies include major global currencies such as USD, EUR, and GBP, which helps reduce conversion costs for international traders.
Customer Support & Service Quality
AFX Capital provides customer support through multiple channels:
- Live chat
- Email support
- Telephone assistance
Support availability is typically aligned with global market hours (24/5). Localized support may vary depending on region and regulatory entity.
Customer experiences suggest responsiveness varies based on ticket load and regional support availability.
Education & Research Tools
AFX Capital offers educational and market research resources that help traders build knowledge and refine strategies. These resources may include:
- Trading guides and tutorials
- Market updates and commentary
- Economic calendars
- Analytical articles
While not as extensive as brokers with dedicated education departments, these tools provide practical insights for beginner and intermediate traders.
Pros
- Regulated by Financial Conduct Authority, CySEC
- Min. deposit from $20
- Segregates client funds
- Established in 2010
Cons
- Inactivity Fee
- Limited range of instruments
- Not ASIC Regulated (See alternatives)
- Doesn’t allow EAs (See alternatives)
A minimum deposit of $20 is required to establish a live account. Alternatively, AFX Capital provides a demo account that you may use to exercise and become acquainted with their platform.
The Financial Conduct Authority in the United Kingdom (FRN: 560872) and CySEC (Licence: 119/10) regulate the company. AFX Capital keeps all customer funds in a separate bank account and employs tier-1 institutions to do so. AFX Capital was founded in 2010
Before we get into the specifics of AFX Capital’s spreads, fees, platforms, and trading tools, you might want to open AFX Capital’s website in a new tab by clicking the button beneath to get the most up-to-date information directly from AFX Capital.
VISIT AFX CAPITAL
Full disclosure: If you join up with a broker through one of our links, we may get a commission.
What are AFX Capital’s spreads & fees?
AFX Capital, like most brokers, charges a fee on the spread, which is the difference between both the buy and sell price of an asset.
The commissions and spreads shown here are based on the AFX Capital website’s minimum spreads.
| Forex | AFX Capital | City Index | XTB |
| EUR/USD(Average: 0.7 pips) | Not offered | 0.7 pips | 0.1 pips |
| GBP/USD(Average: 1.1 pips) | Not offered | 1.7 pips | 0.1 pips |
| USD/JPY(Average: 1.1 pips) | Not offered | 0.6 pips | 0.1 pips |
| AUD/USD(Average: 0.8 pips) | Not offered | 0.6 pips | 0.2 pips |
| USD/CHF(Average: 2.3 pips) | Not offered | 2.3 pips | 0.2 pips |
| USD/CAD(Average: 2.9 pips) | Not offered | 0.5 pips | 0.3 pips |
| NZD/USD(Average: 3.6 pips) | Not offered | 2.8 pips | 0.3 pips |
| EUR/GBP(Average: 2.4 pips) | Not offered | 0.5 pips | 0.1 pips |
Spreads are variable and are provided solely for informational reasons.
As you can see, the minimum spread for trading EUR/USD at AFX Capital is pips, which is relatively low when compared to the average EUR/USD spread of 0.70 pips. The table below compares the costs of trading one lot of EUR/USD with AFX Capital to similar brokers.
SEE ALL SPREADS
How much does it cost to trade 1 lot of EUR/USD with AFX Capital?
If you bought one standard lot of EUR/USD (100,000 units) with AFX Capital at 1.1719 and then sold it the next day at the same price, you would most likely pay $0. Here is a general summary of the fees and how they relate to IG and XTB.
| AFX Capital | IG | XTB | |
| Spread from: | $ 0.00 | $ 6.00 | $ 2.00 |
| Commission: | $0.00 | $0.00 | $0.00 |
| Total cost of a 100k trade: | $ 0.00 | $ 6.00 | $ 2.00 |
| $6 more | $2 more | ||
| VISIT AFX CAPITAL | VISIT IG | VISIT XTB |
All fees/prices are for informational purposes and are subject to change.
What can you trade with AFX Capital?
AFX Capital allows you to trade over numerous instruments, including over currency pairings. We’ve summarised all of the different types of instruments offered by AFX Capital below, along with comparisons to the instruments offered by IG and XTB.
| FX / Currencies | AFX Capital | IG | XTB |
| # of forex pairs offered | 90 | 48 | |
| Major forex pairs | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | |
| Exotic forex pairs | Yes | Yes | |
| Cryptocurrencies* | No | Yes | Yes |
| Commodity CFDs | AFX Capital | IG | XTB |
| # of commodities offered | 34 | 21 | |
| Metals | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes |
| Agricultural | Yes | Yes | Yes |
| Index & Stock CFDs | AFX Capital | IG | XTB |
| # of stocks offered | 8000 | 1606 | |
| UK shares | Yes | Yes | Yes |
| US shares | Yes | Yes | Yes |
| German shares | No | Yes | Yes |
| Japanese shares | No | Yes | Yes |
| SEE AFX CAPITAL’S INSTRUMENTS | SEE IG’S INSTRUMENTS | SEE XTB’S INSTRUMENTS |
Visit AFX Capital
What’s the AFX Capital trading experience like?
1) Platforms and apps
AFX Capital provides the well-known MT4 forex trading software. See our MT4 broker comparison for a list of the best MT4 brokers. AFX Capital also provides their own AFX Fast platform.
AFX Capital now provides mobile apps for Android and iOS, making it simpler to monitor and execute transactions while on the go.
CHECK OUT AFX CAPITAL’S PLATFORMS
Still not sure?
Open a practice account & learn to trade
2) Executing Trades
You may perform a minimum trade of 0.01 Lot with AFX Capital. This may differ based on the type of account you create. AFX Capital enables you to conduct a maximum of $5,000 in trades.
Because AFX Capital provides ECN and STP execution, you can anticipate incredibly tight spreads and more transparency over the price you pay to execute your transactions.
AFX Capital, as a market maker, may have lower entry criteria than an ECN broker, who benefits from a higher number of transactions and usually has higher capital and minimum trading requirements. Market makers generally have a lower minimum deposit, lower minimum trade requirements, and no trading commission.
Margin requirements, like those of other brokers, vary based on the trader, account, and instrument. The most recent margin requirements may be seen on their website.
Finally, we’ve included a list of some of the most common financing options that AFX Capital provides its traders below.
Trading Features:
- Offers STP
- Low min deposit
- Allows scalping
- Allows hedging
Accounts offered:
- ECN account
- Managed account
- Islamic account
- Demo account
- Standard account
Funding methods:
- Bank Transfer
- Skrill
- Neteller
- Credit cards
3) Client support
English, Polish, Italian, Polish, and Chinese are just a few of the languages supported by AFX Capital.
AFX Capital got a CompareBroker double AA support grade because it provides email and phone assistance in several languages.
4) What you’ll need to open an account with AFX Capital
Because AFX Capital is regulated by the Financial Conduct Authority, CySEC, every new customer must pass a few simple compliance tests to verify that you understand the risks of trading and that you are permitted to trade. When you establish an account, you will most likely be asked for the following information, so keep it handy:
- A scanned colour copy of your passport, driving license or national ID
- A utility bill or bank statement from the past three months showing your address
You’ll also need to complete a few basic compliance inquiries to prove your trading expertise, so allow at least 10 minutes to finish the account opening procedure.
While you may be able to browse AFX Capital’s site immediately, it is essential to know that you will not be able to execute any trades until you pass compliance, which might take several days depending on your circumstances.
To begin the process of creating an account with AFX Capital, go to their website.
Open a demo account
79% of retail investor accounts lose money when trading CFDs with this provider.
Final Verdict
In 2026, AFX Capital presents itself as a reliable broker with flexible trading conditions, industry-standard platforms, and a range of market access. While regulatory coverage varies by region, the broker’s commitment to technology, user experience, and transparent pricing makes it a worthwhile choice for many traders.
Before trading with any broker, traders should verify regional regulatory status, understand fee structures, and use available demo accounts to test platforms and execution quality.
FAQs
Is AFX Capital regulated?
AFX Capital’s regulatory status depends on the legal entity serving clients — always check the specific regulator for your region.
What trading platforms does AFX Capital support?
AFX Capital supports MetaTrader 4 and MetaTrader 5, along with web and mobile trading access.
Can I trade cryptocurrencies on AFX Capital?
Depending on region and regulatory permissions, crypto CFDs may be offered.
Does AFX Capital offer demo accounts?
Yes, demo accounts are available to help traders practice strategies without financial risk.
What deposit methods are available?
Deposits can be made using bank transfers, cards, and electronic wallets, subject to regional availability.
