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Apex Pay Trading

China|1-2 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://apexpaytrading.com/en/index.php

Website

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Contact

support@apexpaytrading.com
https://apexpaytrading.com/en/index.php

Licenses

No valid regulatory information, please be aware of the risk!

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

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Warning: Low score, please stay away!
Previous Detection : 2024-03-05
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Apex Pay Trading · Company Summary

Apex Pay Trading Review Summary
Founded 2017
Registered Country/Region China
Regulation No Regulation
Market Instruments Cryptocurrency, blockchain technology, and forex trading
Demo Account Unavailable
Minimum Deposit $200 (BRONZE Account), $5,000 (SILVER Account), $20,000 (DIAMOND Account), $50,000 (GOLD Account), $100,000 (PLATINUM Account), $11,000 (PROMO PACKAGE Account)
Customer Support Email: support@apexpaytrading.com;
Live chat (24/7 support)

What is Apex Pay Trading?

Apex Pay Trading is an unregulated cryptocurrency trading platform offering various account types with different minimum deposit requirements. The platform features a Referral Bonus program, providing commissions ranging from 7% to 50% based on account types and contract durations. Users can choose contract durations, with standard accounts having a 6-month period and the PROMO PACKAGE Account offering a 1-week duration. Moreover, deposits and withdrawals support popular cryptocurrencies and established payment processors.

Apex Pay Trading's homepage

Pros & Cons

Pros Cons
  • Diverse Trading Instruments
  • No regulation
  • Multiple account types
  • Multiple Customer Support Channels

Pros:

  • Diverse Trading Instruments: Offers a variety of assets, including cryptocurrency, blockchain technology, and forex trading.

  • Multiple account types: The platform offers diverse account types, including the Bronze, Silver, Diamond, Gold, Platinum, and Promo Package Accounts, catering to various trading needs and experience levels.

  • Multiple Customer Support Channels: Apex Pay Trading provides various customer support channels including email and live chat (24/7 support), enhancing accessibility and assistance for clients.

Cons:

  • No regulation: The lack of valid regulation raises significant safety and trust concerns, as regulatory oversight is crucial for ensuring customer protection and platform transparency. There are also reports of being unable to withdraw and scams, adding to the cons of the platform.

Is Apex Pay Trading Safe or Scam?

Apex Pay Trading currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. Regulatory oversight is crucial for ensuring that a financial services provider operates within established standards and adheres to specific rules and requirements designed to protect investors and clients. Without proper regulation, there is an increased risk of fraudulent activities, scams, and inadequate consumer protection.

No license

Market Instruments

Apex Pay Trading presents a comprehensive selection of trading instruments that traverse various asset classes, prominently featuring cryptocurrency, blockchain technology, and forex trading. This diverse offering reflects our commitment to providing a well-rounded trading experience that encompasses the dynamic realms of digital currencies, cutting-edge blockchain technology, and the established forex market.

Market Instruments

Account Types

Apex Pay Trading provides a range of account options with varying minimum deposit requirements to cater to diverse investor preferences. The account tiers and their respective minimum deposits are as follows:

  • BRONZE Account: $200 Minimum Deposit

  • SILVER Account: $5,000 Minimum Deposit

  • DIAMOND Account: $20,000 Minimum Deposit

  • GOLD Account: $50,000 Minimum Deposit

  • PLATINUM Account: $100,000 Minimum Deposit

  • PROMO PACKAGE Account: $11,000 Minimum Deposit

account comparison
Account Types

How to Open an Account?

Steps:

  • Click the button ''REGISTER NOW'' on the homepage.

Click the button ''REGISTER NOW''
  • Fill out the form with your first name, last name, email address, phone number, password, and confirm password.

  • Select your country from the dropdown menu.

  • Click on “Create Account”.

fill in required info

Referral Bonus

Earn referral bonuses at Apex Pay Trading:

  • Standard Tiers (Bronze, Silver, Diamond, Gold, Platinum): Refer friends and earn a 7% commission on their trading fees with 6 Month contract durations.

  • Promo Package Tier: Enjoy an exclusive 50% commission on your referrals' trading fees with flexible 1 Week durations.

Account Type Referral Bonus Contract Duration
Bronze 7% 6 Month
Silver 7% 6 Month
Diamond 7% 6 Month
Gold 7% 6 Month
Platinum 7% 6 Month
Promo Package 50% 1 Week

Deposits & Withdrawals

Apex Pay Trading accommodates various forms of payment options for deposits, making the process flexible and convenient for clients.

  • Popular cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC).

  • Established payment processors: Perfect Money, Advcash, Payeer.

This diversity allows you to choose the method that best suits your needs and preferences.

Customer Service

Apex Pay Trading provides a comprehensive and accessible customer support network. Their support team can be reached through different channels for ultimate convenience.

  • Email:support@apexpaytrading.com;

  • Live chat (24/7 support)

online messaging

Conclusion

In conclusion, Apex Pay Trading offers an extensive range of trading instruments, various account types, and a wide range of accepted payment methods, making it an advantageous platform for various investors with varying investment styles and goals. However, the lack of valid regulation raises significant concerns about the safety and trustworthiness of the platform.

Frequently Asked Questions (FAQs)

Q 1: Is Apex Pay Trading regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: Does Apex Pay Trading offer demo accounts?
A 2: No.
Q 3: What is the minimum deposit for Apex Pay Trading?
A 3: The minimum initial deposit to open an account is $200.
Q 4: What market instruments can I trade with Apex Pay Trading?
A 4: Cryptocurrency, blockchain technology, and forex trading.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Broker Information

Company Name

Apex Pay Trading

Company Abbreviation

Apex Pay Trading

Regulatory Status

No Regulation

Platform registered country and region

China

Phone of the company

--

Twitter

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YouTube

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Company address

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Linkedin

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Customer Service Email Address
  • support@apexpaytrading.com

Company Summary

User Reviews

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Caterage
more than one year
I've had mixed experiences with Apex Pay Trading. On the positive side, their customer support is commendable, and executing orders is swift without any delays. Additionally, withdrawing funds is hassle-free and quick. However, there are notable drawbacks. Their spreads are excessively wide, which can significantly impact trading outcomes. The online platform is also subpar, prone to glitches and lags, making trading a frustrating experience. Furthermore, their aggressive insistence on depositing more funds and increasing trading volume is off-putting. They incessantly push you to trade based on their "tips," which can be overwhelming and intrusive.
2024-02-29 17:15
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