APF foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.asiapacificfutures.com/account-opening-for-corporates/, about the company's legal and temporary regulatory information, the company's address 16 Ayer Rajah Crescent #06-05C, Tempco Technominium, Singapore 139965.
Asia Pacific Futures Pte. Ltd., commonly known as APF, is a futures brokerage firm that was established approximately 2 to 5 years ago. The company is headquartered in Singapore, specifically located at 16 Ayer Rajah Crescent #06-05C, Tempco Technominium, Singapore 139965. As a privately held entity, APF operates within the financial markets, providing services primarily focused on futures trading.
APF caters to a diverse clientele, including retail traders and institutional investors, offering a range of trading solutions tailored to meet their needs. Over the years, the company has made significant strides in establishing itself in the competitive trading environment of Singapore, a hub for financial activities in Asia.
Despite its relatively recent inception, APF has introduced various trading products and services, aiming to enhance the trading experience for its users. The firm operates under a business model that emphasizes retail forex trading, providing clients access to a wide array of futures contracts and derivatives.
APF currently operates without any valid regulatory licenses, which raises concerns regarding its compliance with financial regulations. The absence of oversight from established regulatory bodies can pose significant risks to clients. According to available information, there is no valid regulatory information associated with APF, which has led to a high potential risk score.
The firm does not appear to participate in any investor compensation schemes, which could offer additional protection to clients in the event of insolvency. Furthermore, APF has not publicly detailed its policies regarding the segregation of client funds, which is a crucial aspect of ensuring the safety of investors' capital.
In terms of compliance, APF must adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations; however, specific details about their implementation are not readily available. Clients are advised to exercise caution when engaging with unregulated brokers like APF.
APF offers a variety of trading products, primarily focusing on forex currency pairs and futures contracts. The broker provides access to several major currency pairs, allowing traders to engage in forex trading with competitive spreads. However, the exact number of forex pairs available for trading has not been disclosed.
In addition to forex, APF also offers Contracts for Difference (CFDs) on various asset classes, including indices, commodities, and potentially cryptocurrencies. The firm's product range is designed to cater to both retail and institutional clients, providing diverse trading opportunities.
APF claims to regularly update its product offerings, although specific information about the frequency of updates and the introduction of new products is not detailed. The broker's focus on retail trading services suggests that it aims to attract individual traders seeking to capitalize on market movements.
APF does not support the widely recognized MetaTrader 4 (MT4) or MetaTrader 5 (MT5) trading platforms, which are popular among forex traders for their advanced charting and analysis tools. Instead, APF may offer proprietary trading platforms, although detailed information about these platforms is limited.
The broker does provide a web-based trading platform, which is accessible to clients for trading activities. However, information regarding the mobile application support for iOS and Android devices is not specified.
APFs execution model is not clearly defined, with no specific mention of whether it operates under an ECN, STP, or Market Making model. The details regarding its server locations and technical infrastructure have not been disclosed, which are critical factors for traders concerned about latency and execution speed.
Additionally, there is no information available about API access or support for automated trading, which could limit the flexibility for algorithmic traders looking to utilize advanced trading strategies.
APF offers standard account conditions that include a minimum deposit requirement, although specific figures have not been provided. The broker's trading conditions, including spreads and commissions, also remain unspecified.
For advanced traders, APF may provide specialized accounts such as VIP or professional accounts, but detailed information about these account types is not available. The broker also appears to offer Islamic accounts, catering to clients who require Sharia-compliant trading options.
The availability of demo accounts allows potential clients to familiarize themselves with the trading environment without risking real capital. Leverage ratios offered by APF are not explicitly stated, which is a crucial aspect for traders looking to manage their risk.
Furthermore, the minimum trade size and overnight fees are not detailed in the available information, which could impact traders' decision-making processes.
APF supports various deposit methods, including bank transfers and credit card transactions. However, specific details about the minimum deposit requirements for different account types are not disclosed.
The processing time for deposits is not specified, nor are any associated deposit fees mentioned. Clients looking to withdraw funds from their accounts will find limited information regarding the withdrawal methods and any potential restrictions.
Withdrawal processing times and fee structures are also not clearly outlined, which could lead to uncertainty for clients regarding the accessibility of their funds.
APF provides customer support through various channels, including phone and email. However, the availability of online chat support or social media engagement is not specified. The firm operates within Singapore's time zone, but specific service hours are not detailed.
Multilingual support is not explicitly mentioned, which could pose challenges for non-English speaking clients. Educational resources offered by APF are limited, with no clear indication of the types of materials available, such as webinars, tutorials, or e-books.
Market analysis services, including daily market updates and research reports, are not detailed in the available information. Additionally, the availability of trading tools, such as calculators or signal services, is not specified.
APF primarily serves clients in Singapore and potentially other regions in Asia. However, specific details regarding the distribution of regional offices are not provided.
The broker does not accept clients from certain countries, although the specific nations or regions are not disclosed. Any special restrictions regarding client eligibility or account opening procedures are also not clearly defined.
In conclusion, while APF presents itself as a futures brokerage firm catering to a diverse clientele, potential clients should approach with caution due to the lack of regulatory oversight and transparency in its operations. As always, it is advisable to conduct thorough research and consider all available information before engaging with any broker, particularly those operating without valid licenses.
Koffi Constantin Kouame
Australia
This Singapore based futures company seems to be nice, but it doesn't offer MT4 or MT5. Fortunately, I can try it with a demo account, which enables me to try without losing real money. I really appreciate that.
Positive
2023-03-03