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https://afrifocus.co.za/
Website
Influence
C
Influence index NO.1
Single Core
1G
40G
+27 (0) 11 011 1600
More
Afrifocus Securities (Pty) Ltd
Afrifocus
South Africa
Pyramid scheme complaint
Expose
General Information & Regulation
Afrifocus is a forex broker registered in South Africa, operated by Afrifocus Securities (Pty) Ltd. Afrifocus is not subject to any regulation to operate forex trading services.
Markets Instruments
Tradable financial instruments available on the Afrifocus platform include forex currency pairs, commodities, and indices.
Minimum Deposit
Afrifocus does not requires any minimum initial deposit. Although this may sound encouraging, considering the fact that Profitto is still ridiculously shady – this low account price is no reason to invest with it at all.
Leverage
Afrifocus provides an absurd amount of leverage – 1:1000. Note that such amounts are simply banned in the States, as well as most of the rest of the world. Regulators have seen them as too dangerous for retail investors and sought to limit their exposure to them. However, as unlicensed brokers like Afrifocus are not subject to any kind of regulation, they still provide the high amounts, seeking to attract clients.
Spreads & Commissions
Afrifocus advertise that it offers variables spreads, but does not specify its detailed information on particular instruments.
Trade Size
The minimum trade size allowed by Afrifocus is 0.01 lot.
Trading Platform Available
In terms of trading platform available, what Afrifocus offers its traders is not the MT4 or MT5 trading platform.
Deposit& Withdrawal
Afrifocus only accepts deposits via Bank Transfer. Some other popular payment methods like Credit/Debit Card, as well as popular e-wallets like Skrill and Neteller are not available.
Customer Support
The Afrifocus customer support can reached through email: support@afrifocus.co.za, and telephone: 27(0) 11 290 7800. and the Profitto address is: Suite 305, Griffith Corporate Centre, Beachmont P.O.Box 1510, Kingstown, St. Vincent and the Grenadines.
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