Score
APFX
United States|5-10 years| http://en.apfx.cloud/
Website
Rating Index
Contact
Single Core
1G
40G
1M*ADSL
- 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!
Basic information
United States
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Website
apfx.cloud
Server Location
Hong Kong
Website Domain Name
apfx.cloud
Server IP
47.244.114.135
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.
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.
Keywords
- 5-10 years
- Regulated in Australia
- Investment Advisory License
- Suspicious Scope of Business
- United Kingdom Appointed Representative(AR) Revoked
- Suspicious Overrun
- High potential risk
Review 23
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Review 23
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FX4208496392
Hong Kong
All kinds of strange reasons for not giving money. The withdrawals have been delayed all along, and now no one can be reached. Are you afraid of retribution for cheating others' hard-earned money? Don’t be fooled by other people anymore. Don’t be blinded by rhetoric and so-called high rewards. If you can find someone, stare at me. I’ve called the police.
Exposure
2021-01-16
龍12361
Hong Kong
Can’t withdraw since July, 2020. And I can’t contact anyone in this platform now. I hope for a settlement.
Exposure
2020-11-19
动力无限
Hong Kong
Delay my withdrawals for over half a year. Don’t help me to handle it.
Exposure
2020-10-22
伟伦
Hong Kong
I applied for withdrawal for over half a year. It hasn’t arrived.
Exposure
2020-10-17
窗外80830
Hong Kong
The withdrawal hasn’t been to my account since January under the guise of epidemic. In fact, it was going to crash and kept delaying the withdrawal to exhaust us.
Exposure
2020-09-15
捌九
Hong Kong
In March of this year, it showed that the withdrawal was successful, but the money did not arrive into my account. My platform account also showed no balance.
Exposure
2020-08-10
坐看云起时
Hong Kong
APFX gave no access to withdrawal and blamed it on the third-party. Help.
Exposure
2020-08-06
窗外80830
Hong Kong
With the excuse of covid-19, APFX has deferred the withdrawal since February.
Exposure
2020-07-31
龍12361
Hong Kong
The withdrawal is unavailable for one month! The service give no reply!
Exposure
2020-07-10
龍12361
Hong Kong
The balance is unavailable.
Exposure
2020-07-10
13806
Hong Kong
The withdrawal applied in March is yet to be received in July. APFX gave no respond, keeping fending off.
Exposure
2020-07-08
FX1364951000
Hong Kong
I kept all the deposit record, while the official claimed that there was no fund in my account.
Exposure
2020-07-07
FX7678596462
Hong Kong
The withdrawal is unavailable for half a month. No service replied to me. There was also a severe slippage during the trading.
Exposure
2020-07-07
大起大落
Hong Kong
The withdrawal is unavailable since February! APFX coaxed us that the HK office was closed, resulting in unavailable withdrawal!
Exposure
2020-06-30
FX1364951000
Hong Kong
The withdrawal is unavailable for 2 months. The platform find every excuse to fend off. I have called the police. Hope you get the withdrawals soon.
Exposure
2020-06-18
FX1364951000
Hong Kong
The withdrawal is unavailable for 2 months, albeit successful process. The company claimed that they had no money. So ridiculous.
Exposure
2020-06-10
FX1364951000
Hong Kong
The withdrawal is unavailable for 2 months. Hope you give me an explanation.
Exposure
2020-06-09
FX1364951000
Hong Kong
When can I receive the money amid immense covid-19? The platform kept fending off. Hope it give me an explanation.
Exposure
2020-06-03
FX1364951000
Hong Kong
The withdrawal applied on March is yet to be received. The platform and the third party kept shirking.
Exposure
2020-05-12
FX1364951000
Hong Kong
The broker withheld the withdrawal with the excuse of covid-19.
Exposure
2020-04-26