Not Regulated

Score

0 1 2 3 4 5 6 7 8 9

/10

AFAQ TRADE

Comoros | 1-2 years |

Questionable Regulatory License | Self-developed | Suspicious Operational Region | High Potential Risk

https://www.afaq.trade/en/

Website

Open Account Now Time Machine

Rating Index

1.26

Influence

Influence Index NO.1

Turkey 4.20

Surpassed 12.60% brokers

Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+357 99 912274

https://www.afaq.trade/en/

Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!

2026-07-20

This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region

Comoros

Operating Period

1-2 years

Company Name

Afaq FX Markets (Comoros) LTD

support@afaq.trade

Contact Number

+35799912274

Company Website

https://www.afaq.trade/en/

Account Info

Business Region

Verified Site

About Us

Wiki Q&A

Comment

Account Info

Trading Env.
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
$20,000 and above
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum Trade Size
--
Commission
--
Trading Instruments
--

Trading Instruments

Last Updated： 2026-07-20

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Details

Official Website

Verified Site

afaq.trade
104.21.42.196
Server Location
United States
ICP Registration No.
--
Top Visitor Locations
--
Creation Date
--
Website Name
--
Company
--

Review summary

Afaq FX Markets (Comoros) LTD, trading as AFAQ TRADE, is a broker registered in Comoros with an operational history of 1-2 years. According to WikiFX assessment, the entity holds no valid forex trading licenses from any authoritative regulatory body, indicating a lack of financial oversight. The broker offers four account types—Basic, Advanced, Premium, and Sharia—with entry conditions based on deposit tiers, though specific minimum deposit amounts and leverage ratios are not disclosed. Trading platform details, such as MT4 or MT5 compatibility, are also not publicly listed. The overall WikiFX score is 1.26, reflecting significant regulatory concerns. Potential traders should be aware of the absence of regulatory protection when considering this broker. 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: 2026-07-15)

Company Profile

1-2 years
Questionable Regulatory License
Self-developed
Suspicious Operational Region
High Potential Risk

Wiki Q&A

Is AFAQ TRADE safe and reliable?

According to WikiFX data, AFAQ TRADE holds a core score of 1.26, reflecting significant regulatory concerns. The broker is registered in Comoros with 1-2 years of operation but possesses no valid forex trading licenses from any authoritative financial authority. This absence of regulatory oversight means traders lack protection mechanisms such as fund segregation or negative balance protection. Therefore, its safety profile is low.

In a week

United States

Is AFAQ TRADE regulated?

AFAQ TRADE is not regulated. WikiFX assessment indicates that the broker holds no forex licenses. Its license list is empty, and it is classified as 'Not Regulated' in our system. There are no licenses from recognized regulators such as the FCA, ASIC, or CySEC.

In a week

United States

What is the minimum deposit of AFAQ TRADE?

The minimum deposit for AFAQ TRADE is not explicitly disclosed. However, account entry conditions are based on deposit tiers: Basic (up to $4,999), Advanced ($5,000–$19,999), and Premium/Sharia ($20,000 and above). The actual minimum for the Basic account is not specified; traders may need to contact the broker for precise figures.

In a week

United States

Does AFAQ TRADE support MT4 or MT5?

Based on publicly available information, AFAQ TRADE does not list support for MT4 or MT5 trading platforms. The broker’s platform details are not disclosed in its account specifications. Traders should verify platform availability directly with the broker.

In a week

United States

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