APC foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://en.arab-platform.com/, about the company's legal and temporary regulatory information, the company's address 71-75, Shelton Street, London, Greater London, WC2H 9JQ, UNITED KINGDOM.
APC, officially known as Arab Platform Capital LLC, was founded on April 18, 2021. The company is headquartered in Saint Vincent and the Grenadines, a well-known offshore financial center. APC operates as a private brokerage firm, focusing on providing trading services to a diverse clientele, including both retail and institutional traders.
Since its inception, APC has aimed to offer direct market access to various financial instruments, catering to the needs of both seasoned professionals and novice traders. The firm has established itself in the competitive landscape of online trading by providing a wide range of market instruments, including forex, commodities, indices, and cryptocurrencies.
APC's development has been marked by significant milestones, including the launch of its trading platform and the expansion of its product offerings. Despite being relatively new in the industry, the broker has positioned itself as a player in the online trading space, capitalizing on the growing demand for accessible and diverse trading options.
The company's business model primarily revolves around retail forex trading, allowing individual traders to access global markets. APC also provides services to institutional clients, offering tailored solutions to meet their specific trading requirements.
APC is currently unregulated, which raises concerns regarding the safety and security of client funds. The broker does not hold any licenses from reputable regulatory bodies. As a result, potential clients should exercise caution and conduct thorough research before engaging in trading activities with APC.
The absence of valid regulatory oversight means that there are no specific regulatory numbers associated with APC. Furthermore, the firm does not participate in any investor compensation schemes, which could provide a safety net in case of broker insolvency.
APC's lack of regulation also implies that it does not adhere to strict compliance measures such as Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols, which are essential for safeguarding client interests. This further emphasizes the importance of due diligence for prospective traders considering APC as their broker.
According to various sources, including WikiFX, APC is marked with a low score due to its unregulated status, indicating a higher potential risk for traders. Therefore, it is crucial for individuals to weigh the risks associated with trading with an unregulated broker like APC.
APC offers a diverse array of trading products that cater to a wide range of investor interests. The broker provides access to various forex currency pairs, covering major, minor, and exotic currencies. While the exact number of forex pairs available is not specified, traders can expect to find popular pairs such as EUR/USD, GBP/USD, and USD/JPY.
In addition to forex trading, APC offers Contract for Difference (CFD) products across multiple categories, including:
APC has not provided detailed information regarding the frequency of product updates or the introduction of new trading instruments. However, the broker's commitment to offering a comprehensive trading experience suggests that it may regularly assess and expand its product offerings based on market demand.
For retail traders, APC provides a straightforward trading service, while institutional clients can benefit from tailored solutions designed to meet their specific needs. The broker does not currently offer any white-label solutions or asset management services.
APC primarily utilizes the MetaTrader 5 (MT5) trading platform, which is available for both PC and web access. MT5 is known for its advanced trading features, making it suitable for experienced traders who require sophisticated tools for analysis and trading strategies.
The broker does not offer a proprietary trading platform, which may limit the customization options available to traders. However, the use of MT5 provides access to various trading strategies and the ability to implement Expert Advisors (EAs) for automated trading.
APC has not provided specific information regarding the availability of a mobile trading application for iOS or Android devices. This could be a limitation for traders who prefer to manage their accounts and execute trades on the go.
The broker operates its trading infrastructure using secure servers, although specific details regarding server locations and technical capabilities have not been disclosed. Additionally, there is no mention of API access for automated trading, which could be a drawback for algorithmic traders.
APC offers a standard trading account with unspecified conditions regarding minimum deposit requirements, spreads, and commissions. The absence of detailed information on these aspects may raise concerns for potential traders looking for transparency in trading conditions.
While APC does not explicitly mention advanced account types such as VIP or professional accounts, it is essential for traders to inquire directly with the broker for any available options that may suit their trading preferences.
The broker does not provide a demo account, which could hinder new traders from testing the platform and familiarizing themselves with the trading environment before committing real funds.
Leverage options and minimum trade sizes have not been clearly outlined, which is crucial information for traders to understand their risk exposure. Additionally, details regarding overnight fees and other trading costs are also lacking, emphasizing the need for potential clients to clarify these conditions with APC.
APC supports various deposit methods, including bank transfers, credit cards, and electronic wallets. However, specific details regarding the minimum deposit requirements for different account types have not been disclosed.
The processing times for deposits are also unspecified, which may lead to uncertainty for traders looking to fund their accounts promptly. Additionally, there is no information available regarding deposit fees, which could impact the overall cost of trading.
Withdrawal methods and restrictions have not been detailed, raising concerns about the ease of accessing funds. The processing times for withdrawals are also unclear, which is a critical factor for traders who prioritize liquidity.
Furthermore, APC has not provided a clear structure regarding withdrawal fees, which could further complicate the financial planning of traders relying on the broker for their trading activities.
APC offers customer support through various channels, including telephone, email, and potentially live chat. However, specific details regarding the availability of these support channels and their operating hours have not been provided.
The broker's customer support is essential for traders who may require assistance with their accounts or trading issues. Unfortunately, there is no information available regarding the languages supported by the customer service team, which could limit accessibility for non-English speaking clients.
In terms of educational resources, APC has not specified the types of materials available to traders. This includes whether the broker offers webinars, tutorials, or eBooks to help clients improve their trading knowledge and skills.
Market analysis services, such as daily analysis, news updates, and research reports, have not been clearly outlined, which may hinder traders' ability to make informed decisions based on market conditions.
Additionally, the availability of trading tools, such as calculators and economic calendars, has not been mentioned, which could impact the overall trading experience for clients.
APC primarily serves clients in various global markets, although the specific regions covered have not been clearly defined. The broker's operations in Saint Vincent and the Grenadines allow it to cater to a broad audience, but potential clients should verify if their country of residence is accepted.
The distribution of regional offices has not been disclosed, which may affect the broker's ability to provide localized support and services. Moreover, there are no clear indications of countries or regions from which clients are restricted from accessing APC's services.
It is crucial for prospective traders to confirm their eligibility to open accounts with APC, as regulatory considerations may vary by jurisdiction. Additionally, specific restrictions or limitations on trading products may apply in certain regions, further emphasizing the need for thorough due diligence.
In summary, while APC broker offers a range of trading products and services, its unregulated status and lack of transparency in various operational aspects raise concerns for potential traders. It is essential for individuals to conduct comprehensive research and consider the risks associated with trading with an unregulated broker before making any commitments.