AfterPrime Exposed 2025: Offshore Broker with Fake Regulation and Frozen Withdrawals

AfterPrime advertises itself as a “revolutionary, ASIC-regulated broker,” but our investigation at ScamBrokersReview.com reveals that the company’s so-called “license” is fake, and its actual operations are based offshore in Seychelles — beyond any legal oversight.


🏛️ 1. Company Overview

AfterPrime is operated by AfterPrime Group Ltd (Seychelles) and AfterPrime Pty Ltd (Australia).
However, ASIC’s public register shows no active license under this name or number.

This means AfterPrime is not legally authorized to provide trading services in Australia or anywhere else.


⚠️ 2. Red Flags & Complaints

  • WikiFX: 1.6 / 10 – “Offshore, unverified, high-risk.”
  • Trustpilot: Dozens of users report withdrawal blocks and fake verification requests.
  • Traders Union: Warns AfterPrime has “possible ties to unregulated entities like Global Prime.”

AfterPrime also hides its corporate structure and uses crypto-based payment channels, making transactions untraceable.


💸 3. Common Scam Pattern

  1. Entices traders with “ECN pricing.”
  2. Freezes profitable accounts citing “AML checks.”
  3. Requests new KYC documentation to delay withdrawal.
  4. Deletes user accounts once complaints are filed.

This classic pattern mirrors other offshore scams, using compliance excuses to retain user funds.


🌍 4. Offshore Jurisdiction = Zero Oversight

Seychelles registration provides:

  • No investor protection.
  • No fund segregation.
  • No dispute resolution.

AfterPrime operates entirely outside legal boundaries — giving traders no rights to reclaim funds.


📊 5. Comparison: AfterPrime vs Regulated Brokers

FeatureRegulated BrokerAfterPrime
RegulationFCA, ASIC, CySECNone
Payment MethodsBank / CardCrypto
WithdrawalsReliableDelayed / Blocked
TransparencyAuditedNone
Fund ProtectionYesNo

🧠 6. What Traders Should Do

  1. Stop trading and withdraw what’s left.
  2. Keep transaction records and communication logs.
  3. Report AfterPrime to ASIC and your country’s financial authority.
  4. Warn others through Trustpilot and Forex Peace Army.
  5. Use our recovery guide: How to Recover Funds from Scam Brokers.

✅ 7. Final Verdict

AfterPrime operates under fake regulatory claims and offshore shell entities.
Its track record of frozen withdrawals, unverifiable licenses, and opaque ownership marks it as a high-risk broker to avoid.

Verdict: AfterPrime is an unregulated offshore broker posing as ASIC-regulated. Avoid completely.

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