Score

1.43 /10
Danger

AFC

Lebanon

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Exposure

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Website

Score

Regulatory Index0.00

Business Index6.38

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-11-16
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

AFC · Company summary
AFC Review Summary
Founded1974
Registered Country/RegionLebanon
RegulationNo Regulation
Market InstrumentsEquities, bonds, commodities, forex, futures, options, CFDs, stocks, ETFs, bonds and mutual funds
Demo Account
Leverage/
Spread/
Trading Platforms/
Minimum Deposit/
Customer SupportPhone: + 961 1 379 159
Email: info@afc.com.lb, td@afc.com.lb
Address: New Starco Bldg. 4th Floor. Mena El Hosn. P.O.Box 11-1364 Beirut, Lebanon
Contact form

AFC Information

Established in 1974, Arab Finance Corporation (AFC) is an unregulated financial institution registered in Lebanon. AFC provides tailor-made solutions in global financial markets, asset management and financial and strategic advisory to private and institutional clients.

AFCs homepage

Pros and Cons

Pros Cons
Diverse assetsNo regulation
Multiple contact channelsNo demo accounts
Lack of info about real accounts
Not mention of trading platform

Is AFC Legit?

No license

At present, AFC lacks valid regulation. Unregulated brokers can pose great risks, such as fraud, lack of investor protection, or unreliable services. Moreover, we didn't find any info about its domain.

Invalid domain name

What Can I Trade on AFC?

AFC provides a wide range of assets, including all major asset classes (equities, bonds, commodities and forex) and exchange-traded and OTC instruments (spot forex, futures, options, CFDs, stocks, ETFs, bonds and mutual funds).

Tradable Instruments Supported
Forex
CFDs
Commodities
Indices
Cryptocurrencies
Equities
Futures
Options
Stokes
ETFs
Bonds
Mutual Funds
Services

Customer Service

AFC offers 7/24 customer support, including email, phone, contact form, and social media.

Contact Options Details
Phone + 961 1 379 159
Email info@afc.com.lb, td@afc.com.lb
Online Chat
Contact Form
Social Media Facebook, LinkedIn, Instagram
Supported Language English
Website Language English
Physical Address New Starco Bldg. 4th Floor. Mena El Hosn. P.O.Box 11-1364 Beirut, Lebanon
Contact info

The Bottom Line

Although AFC offers a number of products, its unregulated status and limited information on accounts, fees, and trading platforms make it less appealing. We do not advise you to choose this broker especially if you are a beginner.

FAQs

Is AFC good for beginners?

No, because it is unregulated and lacks enough information.

Is AFC good for day trading?

Given that AFC is unregulated and there's a lack of information about key trading features such as leverage, spreads, and trading platforms, it may not be suitable for day trading.

Is it safe to trade with AFC?

No, it's not safe to trade with AFC because it has no regulations.

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发48384
more than one year
The content of AFC's website is really too little and makes me feel that it lacks sincerity. I don't want to ask their online customer service to get more information, I think it's a waste of time.
The content of AFC's website is really too little and makes me feel that it lacks sincerity. I don't want to ask their online customer service to get more information, I think it's a waste of time.
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2023-03-03 18:20
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