Search

APT foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://aptportfolio.com, about the company's legal and temporary regulatory information, the company's address Unit No. F2, F6, First Floor, Hyatt Delhi Residences, Aerocity, Delhi- 110037.

APT Forex Broker

Basic Information

Registered Region
India
Operating Period
--
Company Name
APT Portfolio
Abbreviation
APT
Company employee
--
Customer Service Email Address
hr@aptportfolio.com
Company Website
Company address
Unit No. F2, F6, First Floor, Hyatt Delhi Residences, Aerocity, Delhi- 110037
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

APT broker review

Rating Index

  

APT Forex Broker - Complete Information Guide

  

1. Overview of the Broker

  APT, officially known as APT Portfolio, was established in 2009 and is headquartered in Delhi, India, specifically at Unit No. F 2, F 6, First Floor, Hyatt Delhi Residences, Aerocity, Delhi - 110037. This broker operates as a private entity and primarily serves clients in the forex and CFD trading markets. APT broker has positioned itself to cater to a diverse clientele, including retail traders and institutional investors, offering various trading services globally.

  Since its inception, APT has aimed to provide a comprehensive trading platform, although it has faced challenges regarding regulatory compliance and market establishment. Over the years, it has made efforts to expand its service offerings and enhance its trading technology, although significant milestones in its development have not been widely documented. The business model of APT focuses on retail forex trading, providing access to various financial instruments, including forex pairs, commodities, and indices.

  The company operates independently without a parent company or group affiliation, which may impact its operational capabilities and regulatory oversight. As a broker, APT facilitates trading activities without holding a direct license from recognized financial authorities, which raises concerns about its regulatory standing.

  

2. Regulatory and Compliance Information

  APT operates in a challenging regulatory environment. Currently, it is unregulated, which means it does not hold valid licenses from major regulatory bodies. This absence of regulation raises significant concerns for potential clients regarding the safety of their funds and the overall legitimacy of the broker. According to various sources, APT has been noted for its lack of a proper regulatory framework, which is critical for ensuring investor protection.

  The broker does not provide specific regulatory numbers or licenses, which further complicates its credibility. The absence of regulatory oversight means that APT does not participate in investor compensation schemes or provide client fund segregation policies, which are essential for safeguarding client assets.

  In terms of compliance, APT appears to have limited KYC (Know Your Customer) and AML (Anti-Money Laundering) measures in place. This lack of robust compliance mechanisms may expose clients to higher risks, particularly in terms of fraud and financial misconduct.

  

3. Trading Products and Services

  APT broker offers a variety of trading products to its clients, primarily focusing on forex trading. The broker provides access to a range of currency pairs, including major, minor, and exotic pairs, although specific details about the number of pairs available are not disclosed.

  In addition to forex, APT also offers Contract for Difference (CFD) trading on various assets, including:

  • Indices: Major global indices
  • Commodities: Such as gold and oil
  • Cryptocurrencies: Although the specific cryptocurrencies offered are not detailed, the broker claims to provide access to digital assets.

  APT's product offerings are designed to cater to both retail and institutional clients, although the specifics of any unique trading products or proprietary offerings have not been made clear. The frequency of product updates and the introduction of new trading instruments are not specified, indicating a potential area for improvement in responsiveness to market trends.

  

4. Trading Platforms and Technology

  APT broker does not support the widely used MetaTrader 4 or MetaTrader 5 platforms, which are preferred by many traders for their extensive features and user-friendly interfaces. Instead, APT may offer a proprietary trading platform, although detailed information about this platform is limited.

  The broker provides a web-based trading platform, which allows clients to trade directly from their browsers. However, the specifics regarding the functionality, user experience, and features of this platform are not elaborated upon.

  APT does not appear to have a dedicated mobile application for trading, which could limit accessibility for traders who prefer to manage their accounts on-the-go. The execution model employed by APT is not clearly defined, leaving potential clients uncertain about whether they are engaging in ECN, STP, or market-making execution.

  Regarding technical infrastructure, details about server locations and the overall technological robustness of the platform are not provided, which is crucial for assessing the broker's reliability and speed of trade execution. Furthermore, there is no mention of API access or support for automated trading, which are often critical features for algorithmic traders.

  

5. Account Types and Trading Conditions

  APT broker offers various account types, although specific details on the conditions for each type are not extensively covered. The standard account generally requires a minimum deposit, which is not specified, and offers spreads that are competitive within the industry.

  For advanced account types, such as VIP or professional accounts, the specifics regarding minimum deposits, spreads, and commissions have not been disclosed. APT may also provide Islamic accounts, catering to clients who require Sharia-compliant trading options, although details on these accounts remain unclear.

  The broker does not provide a demo account option for potential clients to practice trading, which is a common feature among many brokers. The leverage offered by APT varies across different products, but specific ratios are not mentioned. Additionally, the minimum trade size and overnight fees are not detailed, leaving traders without critical information regarding their potential trading costs.

  

6. Fund Management

  APT broker supports a range of deposit methods, including bank transfers, credit cards, and electronic wallets, although the specifics of these methods are not clearly laid out. The minimum deposit requirements for different account types are also unspecified, which could deter potential clients seeking transparency.

  The processing times for deposits are not indicated, which is essential for traders needing immediate access to their funds. APT does not provide clear information on any deposit fees that may apply, which could affect overall trading costs.

  For withdrawals, details regarding the methods available and any associated limits are also missing. The processing times for withdrawals are not specified, which could lead to frustration for clients expecting timely access to their funds. Furthermore, the fee structure for withdrawals is not disclosed, potentially leading to unexpected costs for clients.

  

7. Customer Support and Educational Resources

  APT broker offers customer support through various channels, including phone, email, and possibly online chat, although specific details on the availability of these channels are not provided. The service hours and time zone coverage are also not specified, which could impact client accessibility.

  The broker reportedly supports multiple languages, but the exact languages offered are not listed, which may limit support for non-English speaking clients.

  In terms of educational resources, APT may provide materials such as webinars, tutorials, and e-books to assist traders in improving their trading skills. However, the specifics of these resources are not mentioned. Additionally, APT may offer market analysis services, including daily analysis and research reports, although details on the frequency and quality of these analyses are lacking.

  Trading tools such as calculators and economic calendars are not explicitly mentioned, which could limit traders' ability to make informed decisions.

  

8. Regional Coverage and Restrictions

  APT broker primarily services clients in India and potentially other regions, although specific details about its service markets are not clearly outlined. The broker operates without a significant regional office presence outside of its headquarters in Delhi, which may limit its operational capabilities.

  Countries or regions where APT does not accept clients are not explicitly stated, which could lead to confusion for potential clients in those areas. Additionally, any special restrictions or limitations on trading activities or account openings are not disclosed, which is critical for compliance and operational transparency.

  In conclusion, APT broker presents a mixed offering for potential clients, with significant concerns surrounding its regulatory status and transparency. While it provides access to various trading products and services, the lack of detailed information in critical areas such as account types, trading conditions, and customer support may deter some traders. As always, potential clients should conduct thorough research and consider their options carefully before engaging with APT broker.

APT Similar Brokers

MAXWELL
Maxwell Forex Broker - Complete Information Guide   1. Broker Overview   Maxwell
1.56
Score
Unverified
Tradovate
No license plate
1.67
Score
Over-Operation
Maven
No license plate
1.55
Score
VT
VT Forex Broker - Complete Information Guide   1. Broker Overview   VT Markets,
1.55
Score
ACG
ACG Forex Broker - Complete Information Guide   1. Broker Overview   ACG, offici
1.55
Score
Macquarie
Macquarie Forex Broker - Complete Information Guide   1. Broker Overview   Macqu
1.55
Score
AEL
AEL Forex Broker - Complete Information Guide   1. Broker Overview   AEL Broker,
1.55
Score
Unverified
MIA
MIA Forex Broker - Complete Information Guide   1. Broker Overview   MIA, offici
1.59
Score
Regulated
Eightcap
Having a license
6.16
Score
Regulated
BOCI
Having a license
6.00
Score
Offshore Regulated
T4Trade
Having a license
7.63
Score
Offshore Regulated
ZarVista
Having a license
2.09
Score
1.36
Score
Regulated
Ando Securities
7.98
Score
Regulated
Retela
Retela Forex Broker - Complete Information Guide   1. Broker Overview   Retela C
7.98
Score
Regulated
Okasan Niigata
7.98
Score
Regulated
Plus500
Having a license
7.98
Score
Regulated
KIMURA SECURITIES
7.98
Score
Regulated
Societe Generale
Societe Generale Forex Broker - Complete Information Guide   1. Broker Overview
7.97
Score
Regulated
Japan Bond
Japan Bond Forex Broker - Complete Information Guide   1. Broker Overview   Japa
7.98
Score
Regulated
Eiwa Securities
Eiwa Securities Forex Broker - Complete Information Guide   1. Broker Overview
7.98
Score
Regulated
Yamani
Having a license
7.98
Score
Regulated
SANKO
Having a license
7.99
Score
Regulated
Createjapan
7.98
Score
Regulated
Kyokuto
Having a license
7.99
Score
Regulated
Masumo
Having a license
7.98
Score
Regulated
FX Broadnet
8.10
Score
APT Forex Broker has an overall rating of 1.55, Regulatory Index 0.00, License Index 0.00, Business Index 7.31, Software Index 4.00 Risk Control Index 0.00.