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APFX -

Score

2.00 /10
Danger

APFX

United States

5-10 years

Regulated in Australia

Investment Advisory License

Suspicious Overrun

High potential risk

http://en.apfx.cloud

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Comparison

Quantity 23

Exposure

Time Machine
Website

Score

Regulatory Index3.05

Business Index7.41

Risk Management Index0.00

Software Index6.91

License Index0.00

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

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

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 3
Previous Detection : 2024-09-29
  • 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!

WikiFX Survey

Danger

APFX

United Kingdom

WikiFX Verification

Exposure

23 pieces of exposure in total
Pyramid scheme complaint
Expose
Resolved

Unable to withdraw

The balance is unavailable.

2020-07-10 11:59
Unable to Withdraw

APFX gave no access to withdrawal and blamed it on the third-party. Help.

APFX gave no access to withdrawal and blamed it on the third-party. Help.

2020-08-06 19:58
Unable to Withdraw

Unable to withdraw. It has been half a year

Can’t withdraw since July, 2020. And I can’t contact anyone in this platform now. I hope for a settlement.

2020-11-19 19:31
Unable to Withdraw

Unable to withdraw

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.

2020-06-18 23:17
Resolved

I applied for withdrawal for over half a year. It hasn’t arrived.

I applied for withdrawal for over half a year. It hasn’t arrived.

2020-10-17 10:15
Unable to Withdraw

Unable to withdraw

With the excuse of covid-19, APFX has deferred the withdrawal since February.

2020-07-31 23:19
Unable to Withdraw

Unable to withdraw

The withdrawal is unavailable for half a month. No service replied to me. There was also a severe slippage during the trading.

2020-07-07 10:50
Unable to Withdraw

Unable to withdraw

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.

2020-08-10 00:53
Unable to Withdraw

Delay my withdrawals for over half a year. Don’t help me to handle it.

Delay my withdrawals for over half a year. Don’t help me to handle it.

2020-10-22 09:36
Unable to Withdraw

Unable to withdraw

I kept all the deposit record, while the official claimed that there was no fund in my account.

2020-07-07 16:11
Unable to Withdraw

Unable toe withdraw

The withdrawal is unavailable since February! APFX coaxed us that the HK office was closed, resulting in unavailable withdrawal!

2020-06-30 05:57
Unable to Withdraw

Fraud platform. All the data was false

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.

2020-09-15 09:07
Unable to Withdraw

Unable to withdraw

The withdrawal is unavailable for one month! The service give no reply!

2020-07-10 13:45
Unable to Withdraw

APFX delayed to give access accede to withdrawal.

The withdrawal applied in March is yet to be received in July. APFX gave no respond, keeping fending off.

2020-07-08 13:20
Unable to Withdraw

Delayed withdrawal

The withdrawal is unavailable for 2 months, albeit successful process. The company claimed that they had no money. So ridiculous.

2020-06-10 16:35
Unable to Withdraw

Fraud Platform

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.

2021-01-16 19:37
    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.
    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.
    Translate to English
    2022-12-14 14:15
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    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?
    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?
    Translate to English
    2022-12-10 14:36
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    23