Apex FX is a CFD broker with its official website domain apexfxent.com registered on October 9, 2024. The platform primarily provides investors with CFD trading services across multiple markets, including forex, precious metals, oil, indices, and cryptocurrencies, but it does not offer services in jurisdictions where doing so might violate local laws or regulations.
Platform Services
Trading Accounts
Apexfxent.com offers users a spread starting from 1 pip, along with a 1:400 leverage. However, information such as the minimum deposit amount, margin call/stop-loss margin, and trading commissions are not disclosed on the official website.
Trading Platform
The broker provides the ST5 trading platform, available on both desktop and mobile. The platform offers powerful charting tools and more than 50 technical indicators and intraday analysis tools. Clicking the mobile download link on the website shows that the trading software available on the App Store is RCICAI, while on Google Play, it is RTHYUTG.
Trading Products
- Forex: Offers dozens of major forex pairs including EUR/USD, USD/CAD, GBP/USD, and USD/JPY.
- Precious Metals: Offers spot trading in various metals, including Gold (XAUUSD) and Silver (XAGUSD).
- Oil: Provides US crude oil (UsOIL) trading.
- Indices: Includes Nikkei 225 (N225), German Index (GER30), S&P 500 Index (US500).
- Cryptocurrencies: Offers dozens of major cryptocurrency pairs such as Bitcoin (BTC/USD), Ether (ETH/USD), Ripple (XRP/USD), among others.
Deposit and Withdrawal Methods
The Apex FX official website does not disclose the supported deposit and withdrawal methods or whether there are any associated fees.
Social Media and Contact
The broker does not have communication channels through social media platforms like Facebook, Instagram, or Twitter. Users can only contact the broker via official email or the website's online contact form.
Company Background and Regulation
Company Background
According to public information on apexfxent.com, Apex FX is headquartered at 1430 Stout St, Denver, Colorado, United States, and is one of the 50 largest financial services companies in the US. The broker's website does not provide company registration details or regulatory information.
Verification of Regulatory Information
After verification, neither the Financial Industry Regulatory Authority (FINRA) nor the US Securities and Exchange Commission websites have any regulatory registration information about this broker.
On the "Common business issues" page of the Apex FX website, the broker claims to ensure the safety of users' funds through the UK's Financial Instruments Market Regulation. Although a company named "APEX FX LTD" was found on the UK Companies House website, it was shown to be dissolved in 2021, and the Financial Conduct Authority in the UK found no authorized company with the name "Apex FX".
Conclusion
Apex FX, established in 2024, is a CFD broker that neither has a physical company entity nor is authorized or regulated by a financial regulator.
Risk Warning: Financial investment carries high risks. Investors should fully understand the platform's background information and carefully select a trading platform in line with their investment goals and experience levels to avoid potential losses.
