APX Capital is a Contract for Difference (CFD) broker that was registered in Saint Lucia on May 15, 2023. It principally offers investors trading services in forex and precious metals CFDs. The broker does not provide services to jurisdictions where it might contravene local laws or regulations, such as the United States, the United Kingdom, Germany, France, Turkey, and Belgium.
Registration Information and Regulatory Status:
Public information on the APX Capital official website indicates that it is registered with the Saint Lucia International Business Company and International Trust Registry (ifc) as APX Capital Ltd. The company's registered address is 1st Floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia PO Box 838, Castries, Saint Lucia, and its actual business address is Vladimira Popovica 38-40 Sprat:2 Business Park 19 Avenue Stan:Lok BG-N Beograd / Serbia. The enterprise registration number is 2023-00178.
Upon verification, an enterprise entity named APX Capital Ltd, with the registration number 2023-00178, can be found at the Saint Lucia International Business Company and International Trust Registry (ifc). However, this entity has not been found in the Financial Services Regulatory Authority (FSRA) of Saint Lucia or in other jurisdictional official financial regulatory bodies.
As of January 25, 2024, this broker has been registered for less than a year. Furthermore, information from a Whois search shows that the domain name of this broker was registered on July 16, 2021.
Account Opening:
APX Capital does not provide an option to open an account on its website.
Account Types:
APX Capital offers three different types of real trading accounts to users: Cent, Standard, and ECN.
Cent:
- Minimum Deposit: $10
- Maximum Trading Leverage: 1:1000
- Trading Commission: $0
- Maximum Order Volume: 200 lots
- Maximum Number of Lots per Trade: 50 lots
- Swap-Free: Supported
Standard:
- Minimum Deposit: $15
- Maximum Trading Leverage: 1:2000
- Trading Commission: $0
- Maximum Order Volume: 50 lots
- Maximum Number of Lots per Trade: 50 lots
- Swap-Free: Supported
ECN:
- Minimum Deposit: $100
- Maximum Trading Leverage: 1:500
- Trading Commission: $8 per lot
- Maximum Order Volume: 200 lots
- Maximum Number of Lots per Trade: 50 lots
- Swap-Free: Supported
Trading Platform:
APX Capital provides users with the MT4 trading platform.
Deposits and Withdrawals:
APX Capital does not specify the supported methods, fees, or minimum amounts for deposits and withdrawals on its website.
Summary:
Traderknows reminds investors that APX Capital is a forex broker without effective regulation. Traderknows advises investors to preferably choose brokers with strong regulation and a good reputation for their investment and trading activities, to avoid unnecessary financial losses.
Currently, this broker is marked as 'Suspected of Scam' on Traderknows.
