✔️ Information reviewed and updated in March 2024 by Pedro Martínez González

Comments on AFXBIT

In this section we will analyze the broker AFXBIT, is a cryptocurrency broker (which we assume, they trade as CFDs, since they do not specify it anywhere). Is AFXBIT really recommended to make an investment? Or is it better not to invest with this company?

We do this review and assessment, because we receive different messages and comments asking about the reliability of the company in question. ¿Are you a representative of this company? Leave a comment responding to customer concerns.

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Although the AFXBIT website is in Spanish, because the translation is wrong or confusing, we have decided to make the review taking into account the English version of the AFXBIT website.

Essential information: Who does it belong to? Where is located? Is it a regulated broker?

The broker mentions being part of: does not mention it.

As to its location, the broker mentions having base in: does not mention where it is based.

If we analyze the regulation of the broker: since AFXBIT does not mention absolutely anything about any regulation, everything indicates that it is a UNREGULATED broker.

If now we go on to analyze account types offered by AFXBIT, we note that it offers 6 types of account: the Basic Account, the Silver Account, the Gold Account, the Premium Account, the VIP Account and the Luxury Account.

Basic Account: minimum initial deposit of $ 200, free training, personal account manager, access to the AFXBIT platform, pop up alerts.

Silver Account: minimum initial deposit of $ 3.000, free training, personal account manager, access to the AFXBIT platform, pop up alerts.

Gold Account: Minimum initial deposit of $ 10.000, no commissions, leverage up to 1:30, market execution, maximum volume per position of 50 lots, free webinars.

Premium account: $ 30.000 minimum initial deposit, no commissions, up to 1:30 leverage, market execution, maximum volume per position of 50 lots, free webinars, personal customer service.

VIP account: $ 50.000 minimum initial deposit, no commissions, leverage up to 1:30, market execution, maximum volume per position of 50 lots, free webinars, personal customer service, express withdrawals, faster servers to trade.

LUXURY account: Minimum initial deposit of $ 100.000, more information, contact your account manager at AFXBIT.

You can see even more features about the AFXBIT broker account types (click here. to see the image in full size) in the following image:

AFXBIT account types
AFXBIT account types

All the platforms to operate that AFXBIT offers are: we believe that AFXBIT's own (because they do not specify it).

We will now analyze the different resources and aids for traders that AFXBIT provides on its website.

AFXBIT website
AFXBIT website

AFXBIT provides the following help or resources to traders or interested parties: Basic explanation about cryptocurrencies, really not much more than this.

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Other information about AFXBIT

Some more information in case you want to contact the company, or see its website for yourself.

Website: afxbit.com

Telephone: 44 (203) 393-5637

Email: [email protected]

>>> Assessment on AFXBIT <<

Ending with this section, in our opinion Do we believe that the AFXBIT company is reliable? Should you invest your money with the company?

The truth is that, we believe that it is better to be careful because: they provide very little information about them, they do not mention where they are based, they seem to be an unregulated company, they do not mention which company they belong to, in addition, we have not been able to find other companies. ratings or reviews about AFXBIT on the internet, which would indicate that it is a "new" company.

What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.

We leave a vote open so that traders, clients and users of the broker can vote.

[democracy id = ”166 ″]
About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

10 comments on «AFXBIT: Rating and Comments»

  1. Mariana Reply

    Sign this petition to try to end the financial chiringuitos and get our money back
    change .org / p / government-of-espa% C3% B1a-closure-of-financial-chiringuitos

  2. louis g Reply

    They called me a few days ago, after reviewing the page I can say that it is 100% scam:
    - It does not mention the location and has nothing as company policy, that tells us that they are scammers and not a serious broker
    - they are not affiliated with any bank or any other payment method: the clearest indication that it is a scam because no entity wanted to cooperate with them
    - phone number does not exist.
    In conclusion, the lack of information on the page and the lack of professionalism of both the page and its agents who are calling me every day indicates that it is 100% scam.

    A cordial greeting,
    Luis.

    • Recommended Brokers Reply

      Hi Luis, thank you very much for sharing your experience with AFXBIT with us, do you know how they got your phone number?

      Greetings.

  3. Joel m Reply

    Swindle ! Be very careful with that band of thieves, I do not recommend it.
    In a few days I will post a video about this broker and his gang of thieves.

    • Recommended Brokers Reply

      Hi Joel, thank you very much for sharing your experience with AFXBIT with us, do you remember how you came to find this company in the first place? Please tell us more about your experience with this company.

      Greetings.

  4. Javier Sentis Calderon Reply

    Can you help me with the question that I ask you at the end of my comment? Can I cancel the transfer from my bank?
    Is there an effective way to report it?

  5. Javier Sentis Calderon Reply

    Good Morning. I think I have been scammed by a company called AFXBIT (afxbit.com). According to the person who called me, they operate from London. Do you have references from this company? About a month ago, I was convinced to open an account with € 1000 with the promise that I could make weekly withdrawals and either from the profits, or from the capital available at that time. Once I have made the deposit, they have stopped calling me and do not respond to my emails. The only contact email is a generic ([email protected]), which from time to time replies that my application has been processed.
    In addition, I have never seen those € 1000 registered in my account. About 15 days ago they called me to tell me that the transaction could not be completed because they lacked some requirements (a copy of my card, covering some numbers, my identification, a direct debit receipt in my name and a form to fill in, which never arrived) . Despite sending you an email daily, I do not receive a response.
    If it is true that the transaction could not be completed, I understand that the money will be in "limbo". If so, can I try to cancel the transfer from my bank? If not, how can I act?

    • Recommended Brokers Reply

      Hi Javier, thank you very much for sharing your experience with AFXBIT with us, do you remember how you came to find this company in the first place? You can talk to your bank about the transfer, to cancel it. About them, if you think that they have not been fair to you (as you indicate in your experience) you should contact the financial regulatory body of your country, where are you from?

      Greetings.

      • Recommended Brokers

        In that case, if you think they weren't fair to you, you could contact the CNMV, Spanish financial regulator.

        Greetings.

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