English

APJFX foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://u.apjfx.com/index.php/index/real_account_en.html, about the company's legal and temporary regulatory information, the company's address 27 Finsbury Circus Room G25 Ground Street London EC2M 7EB UNITED KINGDOM.

APJFX Forex Broker

Basic Information

Registered Region

United Kingdom

Operating Period

Company Name

Alpha Jet Financial Group Limited

Abbreviation

APJFX

Company employee

Contact Number

4008219650

Company Website

http://www.apjfx.com/?lang=en-us

Company address

27 Finsbury Circus Room G25 Ground Street London EC2M 7EB UNITED KINGDOM

Keywords

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

United Kingdom Investment Advisory License Revoked

Suspicious Overrun

High potential risk

Company profile

APJFXBasic Information Company NameAPJFX HeadquartersUnited Kingdom RegulationsNot regulated Account TypesStandard spread account，Mini Spread Account，VIP Account，ECN Account Minimum Deposit$500 Maximum Leverage1:400 SpreadsFrom 0.7 pips Customer SupportEmail （cs@apjfx.com）Overview of APJFX APJFX, headquartered in the United Kingdom, is a trading platform offering four account types: Standard spread account, Mini Spread Account, VIP Account, and ECN Account. The company operates without regulatory oversight, providing a range of trading options to cater to different investor needs and preferences.Is APJFX Legit？ APJFX operates without regulatory supervision. This means the company's activities are not monitored or controlled by any financial regulatory body. Traders should be aware that this lack of regulation may impact the level of protection and oversight typically associated with regulated financial entities.Pros and Cons APJFX offers multiple account types, providing options for different trading styles and preferences. However, the company's unregulated status poses potential risks to investors, as there's no external authority ensuring compliance with industry standards. Additionally, the reported lack of user support may be a concern for traders seeking assistance or guidance. ProsCons Multiple account types Unregulated trading activities that could put investors at risk Lack of support for usersAccount Types APJFX offers four account types with varying minimum deposits. The Mini Spread Account has the lowest entry point at $500, followed by the Standard spread account at $5000. Both the VIP Account and ECN Account require a higher minimum deposit of $30000. Account TypeStandard spread accountMini Spread AccountVIP AccountECN Account Minimum Deposit$5000$500$30000$30000Leverage APJFX provides different leverage options across its account types. The Standard spread account and Mini Spread Account offer the highest leverage at 1:400, while the VIP Account and ECN Account have a more conservative maximum leverage of 1:100. These options allow traders to choose a leverage level that aligns with their risk tolerance and trading strategy. Account TypeStandard spread accountMini Spread AccountVIP AccountECN Account Maximum Leverage1:4001:4001:1001:100Spreads APJFX offers competitive spreads across its account types. The VIP Account provides the tightest spreads starting from 0.7 pips, followed by the Standard spread accountfrom 1.3 pips. The Mini Spread Account has spread from 2.0 pips. Notably, information on spreads for the ECN Account is not provided. Account TypeStandard spread accountMini Spread AccountVIP AccountECN Account SpreadsFrom 1.3 pipsFrom 2.0 pipsFrom 0.7 pipsCustomer Support For customer support, APJFX provides an email address (cs@apjfx.com). This contact option allows clients to reach out for assistance with their trading accounts or general inquiries about the platform's services.Conclusion In conclusion, APJFX offers a range of account types with varying deposit requirements, leverage options, and spreads. However, the lack of regulation and reported issues with user support warrant careful consideration by potential traders.FAQs What account types does APJFX offer？ APJFX offers Standard spread, Mini Spread, VIP, and ECN Account types. What is the maximum leverage offered by APJFX？ The maximum leverage varies by account type, ranging from 1:100 to 1:400. What is the minimum deposit required to open an account with APJFX？ The minimum deposit ranges from $500 for the Mini Spread Account to $30,000 for the VIP and ECN Accounts.Review APJFX brings a mix of options to the table with its four account types. The spread of minimum deposits from $500 to $30,000 means there's something for different wallet sizes. The leverage options are pretty generous, especially on the Standard and Mini accounts. Spreads aren't too shabby either, particularly on the VIP account. But here's the kicker - they're playing in the wild west without any regulatory sheriff. Plus, the word on the street is that support might be a bit thin. It's a bit of a rollercoaster-could be thrilling for some, but maybe not for the faint-hearted.Risk Warning Trading online carries inherent risks, including the potential loss of your entire investment. It's essential to recognize that online trading may not be suitable for everyone, and individuals should carefully consider their risk tolerance before participating. Additionally, please be aware that the details provided in this review are subject to change as companies update their services and policies. Therefore, it's advisable to verify the most up-to-date information directly with the company before making any trading decisions. Ultimately, the responsibility for utilizing the information in this review lies solely with the reader.

APJFX broker review

Is APJFX safe or scam

Rating Index

Standard spread account

Minimum Deposit

5000

Mini Spread Account

Minimum Deposit

500

APJFX Forex Broker - Complete Information Guide

1. Broker Overview

　　APJFX, officially registered as Alpha Jet Financial Group Limited, was established in 2017. The broker is headquartered in the United Kingdom, with its main office located at 2208, Block B, Zhongshan Square, No. 1055, Zhongshan West Road, Shanghai. APJFX operates as a private entity and primarily serves retail forex traders, providing a range of trading services and products.

　　Since its inception, APJFX has aimed to cater to a diverse clientele, including individual traders and institutional investors. The broker has gone through significant developments, including the introduction of multiple account types and trading platforms to enhance user experience. However, it has faced challenges, particularly regarding regulatory compliance, which has raised concerns among potential investors.

　　The business model of APJFX focuses on retail forex trading, offering various account types to accommodate different trading strategies and capital levels. The broker has made strides in creating a fully digital account opening process, allowing traders to access their services with relative ease.

2. Regulatory and Compliance Information

　　APJFX was previously regulated by the Financial Conduct Authority (FCA) under license number 766959. However, this license has been revoked, which raises significant concerns regarding the broker's regulatory status. The revocation of the FCA license indicates that APJFX may no longer be operating within the legal frameworks established by the UK financial authorities.

　　Given the lack of effective regulation, potential investors should exercise caution. Regulatory oversight is crucial in ensuring the safety of client funds and the integrity of trading practices.

　　APJFX has stated that it follows Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, which are standard practices in the financial industry. However, the effectiveness of these measures is questionable in the absence of a valid regulatory license.

　　The broker does not currently participate in any investor compensation schemes, which further heightens the risk for traders. In the event of insolvency, clients may not have access to any form of compensation for their losses.

3. Trading Products and Services

　　APJFX offers a variety of trading products, focusing primarily on forex currency pairs. The broker supports a range of major and minor currency pairs, allowing traders to engage in diverse trading strategies. However, specific details regarding the total number of currency pairs available are not disclosed.

　　In addition to forex trading, APJFX provides Contracts for Difference (CFDs) on various asset classes, including indices, commodities, and stocks. Unfortunately, there is no support for cryptocurrency trading at this time.

　　The broker claims to continuously update its product offerings, but detailed information about the frequency of updates or the introduction of new products is not readily available. APJFX primarily targets retail traders, but institutional services may also be available, although specifics are not provided.

4. Trading Platforms and Technology

　　APJFX supports the MetaTrader 4 (MT4) trading platform, which is popular among forex traders for its user-friendly interface and robust trading tools. The broker also offers MetaTrader 5 (MT5), providing traders with additional features and improved functionality.

　　The broker does not appear to have developed a proprietary trading platform, which may limit some advanced trading features. APJFX provides a web-based trading platform, allowing users to trade without the need for software installation, catering to the needs of traders who prefer flexibility.

　　For mobile trading, APJFX offers applications compatible with both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go. The broker operates under an ECN (Electronic Communication Network) execution model, which is designed to provide faster trade execution and better pricing.

　　The broker's servers are located in secure data centers, although specific details regarding the infrastructure and technology used are not disclosed. APJFX does support API access, allowing for automated trading solutions, which can be beneficial for algorithmic traders.

5. Account Types and Trading Conditions

　　APJFX offers several account types tailored to meet the needs of different traders. The account types available include:

Standard Spread Account: Requires a minimum deposit of $5,000, with spreads starting from 1.3 pips.
Mini Spread Account: Requires a minimum deposit of $500, with spreads starting from 2.0 pips.
VIP Account: Requires a minimum deposit of $30,000, with tighter spreads starting from 0.7 pips.
ECN Account: Minimum deposit and commission details are not specified.

　　The leverage offered by APJFX can go up to 400:1, which is relatively high and may attract traders looking for significant trading exposure. The minimum trade size is set at 0.01 lots, allowing for flexible position sizing.

　　APJFX does not provide a demo account option, which may hinder novice traders from practicing before committing real funds. Additionally, details regarding overnight fees and other trading conditions are not explicitly stated.

6. Fund Management

　　APJFX supports various deposit methods, including bank transfers, credit cards, and e-wallets. The minimum deposit requirement varies by account type, with the lowest being $500 for the Mini Spread Account.

　　Deposit processing times are generally swift, although specific timelines are not disclosed. There are no stated deposit fees, which is a positive aspect for traders looking to minimize costs.

　　Withdrawal methods include the same options as deposits, but the broker has faced significant complaints regarding withdrawal issues. Many users have reported being unable to withdraw their funds, raising concerns about the broker's operational integrity.

　　Withdrawal processing times can vary, and some users have experienced delays of several weeks. The fee structure for withdrawals is not clearly outlined, which could lead to unexpected costs for traders.

7. Customer Support and Educational Resources

　　APJFX provides customer support through multiple channels, including telephone, email, and live chat. The support team is reported to be available in several languages, including English, French, Korean, and Chinese (Simplified), catering to a diverse client base.

　　However, there have been numerous complaints regarding the responsiveness of customer support, with many users stating that they have been unable to reach the broker when needed. This raises concerns about the reliability of their customer service.

　　In terms of educational resources, APJFX offers limited support. There is no information on webinars, tutorials, or comprehensive market analysis services, which could be beneficial for traders looking to enhance their trading skills. Basic trading tools such as calculators and economic calendars may be available, but specific details are not provided.

8. Regional Coverage and Restrictions

　　APJFX primarily serves clients in the United Kingdom and other regions, although specific details about its target markets are not clearly defined. The broker is not accepting clients from certain jurisdictions, including the United States, which is common among many forex brokers due to regulatory restrictions.

　　The presence of regional offices is limited, with the main operational base located in the UK. APJFX does not provide detailed information regarding any special restrictions that might apply to specific countries.

　　In conclusion, while APJFX offers a range of trading services and products, potential investors should carefully consider the regulatory status and operational challenges highlighted in this guide. The lack of a valid regulatory license and the numerous complaints regarding fund withdrawals should be significant factors in any decision to engage with this broker.

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