ApexFutures Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-28 15:49

Abstract：ApexTrader, ApexFutures' proprietary trading platform, offers customisable and automated futures and options trading. Cloned licenses deceive users about the broker's validity.

ApexFutures Review Summary
Founded	2000
Registered Country/Region	United States
Regulation	Suspicious clone license
Market Instruments	Futures and Options
Demo Account	✔
Leverage	/
Spread	$0.99 per contract (Commission, not spread-based pricing)
Trading Platform	ApexTrader
Min Deposit	/
Customer Support	Phone: 800-411-2004 / 312-267-2277
	Fax: 312-267-2266
	Email: info@apexfutures.com

ApexFutures Information

　　ApexTrader, ApexFutures' proprietary trading platform, offers customisable and automated futures and options trading. Cloned licenses deceive users about the broker's validity.

Pros and Cons

Pros	Cons
Free trading platform, live data feed, and charting tools	Operates under a cloned regulatory license
Low per-contract commission rates	Lack of transparency in leverage and deposit requirements
Supports demo accounts for testing	No Islamic account options

Is ApexFutures Legit?

　　ApexFutures operates under a cloned regulatory license, misleading traders by falsely associating itself with the NFA. Investors are advised to avoid this broker due to its deceptive practices.

Regulatory Status	Suspicious clone
Regulated by	National Futures Association (NFA), United States
Licensed Institution	APEX TRADING GROUP INC
License Type	Common Financial Service License
License Number	425012

What Can I Trade on ApexFutures?

　　ApexFutures offers trading primarily in futures and options.

Tradable Instruments	Supported
Futures	✔
Options	✔

Account Types

　　The ApexTrader platform supports numerous methods and tools for trading futures and options with ApexFutures' principal live account type. Demo accounts are available on the platform, but Islamic accounts are not. Professional traders interested in automated trading, bespoke indicators, and options spreads should use the live account. Starters and strategy testers use the demo account.

ApexFutures Fees

　　Commission: $0.99 per contract for E-mini & Micro indexes, bitcoin, energies, metals, currencies, commodities, and interest rate futures.

　　Day Trading Margins: Micro E-mini index futures (e.g., ES, YM, NQ) require as little as $75 per contract.

　　ApexTrader does not charge platform, charting, maintenance, or monthly fees.

Fee Type	Details
Commission per Contract	$0.99
Day Trade Margins	$75 per contract
Platform Fees	None
Maintenance Fees	None

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for what kind of traders
ApexTrader	✔	Desktop, Microsoft Excel Integration	Advanced futures and options traders requiring automated and customizable trading solutions.