Company Information

Get to know Afrigroups

Afrigroups (Pty) Ltd is a financial services provider headquartered in South Africa, describing itself as "The African Broker For The World." The company is regulated by the South African Financial Sector Conduct Authority (FSCA). It offers online trading services to retail clients, providing access to trade CFDs on forex, global indices, commodities, and shares through popular trading platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). The company's mission emphasizes providing competitive trading conditions, including low spreads and fast execution, with a focus on serving the African market while also catering to a global clientele.

Industry

Forex Retail BrokerPRIMARY
Financial Other Service

Software

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Contact

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Afrigroups

Kenya

Founded in

31 Jul 2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Markets.com

(327 reviews)

United States

2008

(18 years)

Security Information :

FSCA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.