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The WikiFX Score of this broker is reduced because of too many complaints!

APFX

United States|5-10 years|
Investment Advisory License|MT5 Full License|Regional Brokers|United Kingdom Appointed Representative(AR) Revoked|Suspicious Overrun|High potential risk|

http://en.apfx.cloud/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
APFinancialMarkets-Demo MT5
Server Location Hong Kong

Contact

info@armfx.top
http://en.apfx.cloud/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

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

Single Core

1G

40G

Open Now

Broker Information

More

Company Name

AP FINANCIAL MARKETS LIMITED

Company Abbreviation

APFX

Platform registered country and region

United States

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 7
Previous Detection : 2024-05-23
  • The number of the complaints received by WikiFX have reached 21 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

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    APFX · Company Summary

    Since APFXs official website is inaccessible for now, we could only piece together the rough picture of this broker through gathering some relevant information from other websites.

    Basic Information
    Registered Countries United Kingdom
    Regulation No License
    Company Name AP FINANCIAL MARKETS LIMITED
    Registration Number 12206505
    Minimum Deposit N/A
    Maximum Leverage N/A
    Minimum Spread N/A
    Trading Platform MT5 trading platform
    Trading Assets Forex
    Payment Methods N/A
    Customer Support Email Support only

    General Information

    Established in 2019, APFX claims that it is an online trading platform providing forex and CFD related information. APFX is the trading name of AP FINANCIAL MARKETS LIMITED, a company registered in the United Kingdom under registration number 12206505.

    It has been verified that APFX is not authorized or regulated by any regulatory authority, and thats why WikiFX has given this broker a very low score of 1.94/10. Please be aware of the risk, for trading with an unregulated forex broker is taking a huge risk of losing your money.

    wikifx

    Account Types

    Account information is not mentioned anywhere. And we even dont know what is the minimum deposit required.

    Leverage

    Trading leverage does not mention on this platform, but here is the leverage rule set by most regulators: the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.

    Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.

    Trading Platform

    To our surprise, APFX, this unregulated broker, boasts that it provides clients access to the industry leading MT5 trading platform. Although this is good news, investors should take extra vigilance given the fact that this broker is not subject to any regulation.

    Customer Support

    Poor customer service is provided, and only several email addresses are given for clients to get in touch with this broker: info@armfx.top, funding@armfx.top, funding@apfx.cloud.

    Risk Warning

    Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

    The information presented in this article is intended solely for reference purposes.

    Pros & Cons

    Pros Cons
    MT5 provided (allegedly) No regulation
    Insufficient website information
    Poor customer support
    Lots of negative reviews

    Frequently Asked Questions

    What items can I trade with on APFX

    APFX seems to provide forex trading, with other available markets not disclosed.

    What is the minimum deposit required by APFX?

    The minimum deposit required byAPFX is not disclosed.

    What trading platform doesn APFX offer?

    APFX boasts that it offers the industry leading MT5 trading platform.

    User Reviews

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    User comment

    2

    Comments

    Write a review

    川畑 宏明
    more than one year
    I have tried writing to the company and my financial advisor but receive no response for more than one year. This is a total scam and you should NOT invest via APFX.
    2022-12-14 14:15
    Reply
    0
    0
    两百斤的瘦子.
    more than one year
    After making a cash and cryptocurrency deposit with Apfx, my account representative mysteriously disappeared when I requested a withdrawal from my trading account. Where on earth could he be?
    2022-12-10 14:36
    Reply
    0
    0
    23
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    Select Country/Region
    United States
    ※ The content of this website abides with local laws and regulations.
    You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
    consumer hotline:006531290538
    Official Email:support@wikifx.com;
    Mobile Phone Number:234 706 777 7762;61 449895363
    Telegram:+60 103342306
    Whatsapp:+852-6613 1970;
    License or other information error corrections, please send the information to:qawikifx@gmail.com
    Cooperation:fxeyevip@gmail.com