Asia Pacific Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-18 14:43

Abstract：ASIA PACIFIC is an unregulated broker based in Hong Kong. It claims to offer equity, derivatives, fixed income, commodities, and foreign exchange markets via MT5 platform.

　　Note: ASIA PACIFIC's official website: https://www.ytqmt-fx.com is currently inaccessible normally.

ASIA PACIFIC Review Summary
Founded	/
Registered Country/Region	Hong Kong
Regulation	No Regulation
Market Instruments	Equity, derivatives, fixed income, commodities, and foreign exchange markets
Demo Account	/
Leverage	Up to 1:100
EUR/USD Spread	3.4 pips
Trading Platform	MT5
Minimum Deposit	$100
Customer Support	Email: pacificfuturesinvestmenta@gmail.com

　　ASIA PACIFIC is an unregulated broker based in Hong Kong. It claims to offer equity, derivatives, fixed income, commodities, and foreign exchange markets via MT5 platform.

Pros and Cons

Pros	Cons
/	No Regulation
	Non-functional Website
	Lack of Transparency

Is ASIA PACIFIC Legit?

　　At present, ASIA PACIFIC lacks valid regulation. Its domain has not been registered yet. We advise you to consider regulated brokers.

What Can I Trade on ASIA PACIFIC?

　　ASIA PACIFIC provides Equity, derivatives, fixed income, commodities, and foreign exchange markets.

Tradable Instruments	Supported
Forex	✔
CFDs	❌
Commodities	✔
Indices	❌
Equity	✔
Derivatives	✔
Fixed income	✔
Bonds	❌
Mutual Funds	❌

Account Type

　　There is no detailed info on account types. We only got that the minimum deposit is $100.

Leverage

　　ASIA PACIFIC claims to offer leverage of 1:100. Note that leverage can amplify both profits and losses.

Spreads

　　The spread with this broker is around 3.4 pips on EUR/USD. An average spread is 1.5 pips, thus if your trading on ASIA PACIFIC may not lead to great losses.