AFX GROUP

UK investors, at least those with big portfolios, are on the hook if their broker fails.

AFX has been unresponsive and has not paid outstanding invoices, the law firm said.

The hearing has been delayed until Friday the 15th of November.

The broker failed to meet the settlement conditions between Esther DuVal, the Chapter 11 trustee.

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This is the second European regulator to suspend the firm’s permit to operate

The license suspension comes amid a compliance investigation related to client money rules

AFX Group’s total revenues surged to $4.9 million (£3.75 million) relative to just $2.16 million (£1.65 million) in 2016.

The prime of prime sector continues to get more competitive with one more player joining the trend.

During the year ending April 30th 2017, the forex and CFDs broker marked substantial growth.

The industry veteran is joining Quantic to improve operational workflows and trading tech.

STO will be able to offer clients access to one of the best mobile trading apps in the industry.

After the rebranding on the group, the company is expanding the focus of its Quantic unit on multiple levels.

AFX Group is the new trading name for AFX Capital after its latest rebranding.

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