Search

APTS foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://en.aptsfx.com/, about the company's legal and temporary regulatory information, the company's address .

APTS Forex Broker

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
--
Company Name
APTS
Abbreviation
APTS
Company employee
--
Customer Service Email Address
support@aptsfxmail.com
Company Website
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
Australia Appointed Representative(AR) Revoked
High potential risk

Company profile

Note: APTSs official site - http://en.aptsfx.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. APTS Review Summary in 4 Points Founded 2-5 years Registered Country/Region Saint Vincent and the Grenadines Regulation ASIC revoked; NFA unauthorized Customer Support Email What is APTS? APTS, an online trading platform based in Saint Vincent and the Grenadines, asserts its ability to offer opportunities in the financial markets. However, it is crucial to emphasize that the APTS website is currently inaccessible, making it challenging to verify the broker's regulatory status or authenticity. Furthermore, it's essential to note that the broker is currently under invalid regulatory conditions: ASIC revoked and NFA unauthorized. In our upcoming article, we will undertake a systematic assessment of this broker, examining its features and characteristics from various angles. Our objective is to provide you with concise and well-organized information. If this subject intrigues you, we encourage you to read on. At the conclusion of our analysis, we will provide a brief summary of the key points to give you an immediate overview of the broker's attributes. Pros & Cons Pros Cons • None • ASIC revoked and NFA unauthorized • Lack of transparency • Website non-functional • Limited customer support channels • Negative reviews from its clients When evaluating APTS, it becomes evident that the list of pros is regretfully empty, with no discernible advantages to be found. On the flip side, the cons are striking and concerning. The broker's regulatory status is a significant red flag, with ASIC revoked and NFA unauthorized, leaving traders potentially exposed to unregulated and unsafe conditions. A lack of transparency within the platform compounds trust issues. Moreover, the non-functional website hinders potential investors from conducting proper due diligence, while the limited customer support channels to email only raise questions about the broker's commitment to assisting its users. Additionally, the presence of negative reviews from its clients underscores the risks associated with engaging with APTS, making it a highly questionable choice for those seeking a secure and reputable trading platform. Is APTS Safe or Scam? When considering the safety of a brokerage like APTS or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage: Regulatory sight: APTS faces significant safety concerns as it holds a revoked ASIC (Australia Securities & Investment Commission) license with the number 001278812 and an NFA (National Futures Association) license with the number 0527825. These regulatory issues cast doubt on the platform's legitimacy and adherence to industry standards, raising alarms for potential traders. Adding to these concerns is the current inaccessibility of the broker's official website, which could lead to speculations that the trading platform may have suspended its operations. Together, these factors substantially elevate the inherent risks associated with investing through this platform. User feedback: The existence of four reports on WikiFX, particularly addressing withdrawal problems, should be regarded as significant warning indicators. Before any engagement with a broker or investment platform, it is crucial for traders to prioritize thorough research and due diligence. This proactive approach is imperative to effectively reduce the risk of making unfortunate and potentially costly decisions. Security measures: So far we cannot find any security measures info on Internet for this broker. Ultimately, the decision of whether or not to trade with APTS is a personal one. You should weigh the risks and benefits carefully before making a decision. User Exposure on WikiFX The existence of four troubling reports on WikiFX has raised significant concerns, notably related to withdrawal difficulties associated with APTS. For prospective investors considering this broker, it is of paramount importance to exercise the utmost caution and conduct thorough research. To cultivate a safer trading environment, we strongly encourage individuals who have encountered fraudulent practices or have been victimized by broker scams to share their experiences in our 'Exposure' section. Your insights hold immense value, and our dedicated team is fully committed to addressing these issues, advocating on your behalf, and pursuing resolutions to ensure accountability. Active participation can indeed make a substantial difference in safeguarding the interests and well-being of yourself and fellow traders. Customer Service APTS offers customer support exclusively through email communication. This limited support channel may pose challenges for traders seeking quick responses or immediate assistance with their inquiries or issues. Email: support@aptsfxmail.com. It's important to weigh your communication preferences and needs when considering APTS as your broker of choice. Conclusion APTS, an online trading platform based in Saint Vincent and the Grenadines, offers trading services in financial market. However, upon closer scrutiny, disconcerting aspects emerge. Most notably, the broker operates without valid regulation, with its ASIC revoked and NFA unauthorized status, potentially exposing traders to security risks and a lack of industry standards. Adding to these concerns is the broker's unreliable website accessibility and reliance on limited email support, which raises legitimate questions about their professionalism and accountability. Furthermore, the presence of four reports detailing withdrawal issues further heightens apprehensions. In the pursuit of transparency, regulatory compliance, and robust customer support, it is advisable for prospective users to exercise utmost caution. Exploring alternatives among regulated brokers is recommended to ensure a safer and more secure trading experience while safeguarding investments and peace of mind. Frequently Asked Questions (FAQs) Q 1: Is APTS regulated? A 1: No. It has been verified that this broker currently has no valid regulation. The claimed ASIC (Australia Securities & Investment Commission) license with the number 001278812 is revoked and the NFA (National Futures Association) license with the number 0527825 is unauthorized. Q 2: Is APTS a good broker for beginners? A 2: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of the lack of transparency and negative reviews on WikiFX. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Rating Index

How to login to APTS?
apts Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a apts Account Registering for an apts account is a straightforward process that allows users to access various services related to property management. Follow these

Apts Forex Broker - Complete Information Guide

1. Broker Overview

Apts, an online trading platform, was established approximately 2 to 5 years ago and is registered in Saint Vincent and the Grenadines. The broker operates as a private entity and primarily serves retail clients seeking opportunities in the financial markets. Over the years, Apts has aimed to provide a range of trading services, though its operational history has been marred by significant regulatory issues.

The company has faced challenges, notably regarding its regulatory status, as its licenses from the Australian Securities and Investments Commission (ASIC) have been revoked, and it remains unauthorized by the National Futures Association (NFA) in the United States. The lack of a functional website has further complicated its credibility, raising concerns among potential clients.

Apts broker's business model focuses on retail forex trading and may include other financial instruments, although details on specific services are limited due to the current inaccessibility of its official website. The broker has not demonstrated a reliable operational history, as indicated by the increasing number of complaints from users regarding withdrawal issues and transparency.

2. Regulatory and Compliance Information

Apts operates without valid regulation, which is a significant concern for potential traders. The primary regulatory bodies associated with Apts include:

  • ASIC (Australian Securities and Investments Commission) - License revoked.
  • NFA (National Futures Association) - Unauthorized.

The ASIC license number was 001278812, while the NFA license number was 0527825. The revocation of these licenses raises alarms about the broker's legitimacy and adherence to industry standards.

Apts does not have a clear customer fund segregation policy, which poses risks to traders investments. There is also no indication of participation in investor compensation schemes, further exposing clients to potential losses. The broker's compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations is unclear, as no detailed information is available regarding these measures.

3. Trading Products and Services

Apts offers a limited range of trading products, primarily focusing on forex trading. The broker supports a variety of currency pairs, although the exact number of forex pairs available is unspecified. Apts may also provide Contracts for Difference (CFDs) on various asset classes, such as indices, commodities, stocks, and cryptocurrencies, but specific offerings are not detailed in the available information.

The broker's product update frequency and the introduction of new trading instruments remain ambiguous. Apts broker appears to cater primarily to retail traders, with no clear indication of services aimed at institutional clients or asset management services.

4. Trading Platform and Technology

Apts supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are popular among retail traders for their user-friendly interface and robust trading capabilities. However, further information about proprietary platforms or additional trading technologies is lacking.

The broker's website is currently non-functional, which complicates verification of its platform features. There is no mention of a web-based trading platform or mobile applications for iOS and Android users. The execution model, whether it follows ECN, STP, or Market Making, is not specified, contributing to the uncertainty surrounding Apts' operational transparency.

The broker's technical infrastructure, including server locations, is also not disclosed, which is critical for assessing the reliability and speed of trade execution. Additionally, there is no information regarding API access or support for automated trading.

5. Account Types and Trading Conditions

Apts offers standard trading accounts, but specific conditions such as minimum deposit requirements, spreads, and commissions are not detailed in the available data. Information regarding advanced account types, such as VIP or professional accounts, is also lacking.

There is no mention of special accounts, such as Islamic accounts or corporate accounts. The availability of demo accounts for practice trading is not confirmed, which may deter new traders from engaging with the platform.

Leverage options are unspecified, and the minimum trade sizes are not provided. Information regarding overnight fees and how they are applied is also absent, leaving potential clients without essential details for decision-making.

6. Fund Management

Apts supports various deposit methods, including bank transfers, credit cards, and electronic wallets, although exact payment options are not specified. The minimum deposit requirements for different account types are unclear, which could affect potential traders' ability to start trading.

Deposit processing times and any associated fees are not disclosed, contributing to a lack of transparency. Withdrawal methods and restrictions are also not specified, which raises concerns about the broker's reliability in handling clients' funds.

Withdrawal processing times and fee structures remain ambiguous, which could lead to frustration for users attempting to access their funds.

7. Customer Support and Educational Resources

Apts offers customer support primarily through email communication, which may limit the responsiveness to client inquiries. The service hours and time zone coverage are not specified, potentially impacting the support experience for clients in different regions.

There is no indication of multi-language support, which could hinder access for non-English speaking clients. Educational resources, such as webinars, tutorials, and e-books, are not mentioned, limiting the training opportunities for new traders.

Market analysis services, including daily updates and research reports, are also absent, which may leave traders without essential information to guide their trading decisions. Trading tools, such as calculators and calendars, are not specified, further indicating a lack of comprehensive support for clients.

8. Regional Coverage and Restrictions

Apts primarily serves clients in regions where it is legally allowed to operate, but specific markets are not detailed. The broker's regional offices are not mentioned, contributing to the uncertainty surrounding its operational footprint.

There are indications that Apts does not accept clients from certain countries, but exact restrictions are not provided. Special limitations related to the broker's service offerings are also unclear, which could impact potential traders' ability to engage with the platform.

Conclusion

In summary, Apts broker presents a concerning case for potential traders. The lack of valid regulation, operational transparency, and comprehensive service offerings raises significant red flags. Traders are advised to exercise extreme caution and conduct thorough research before engaging with Apts, as the risks associated with trading through an unregulated broker can be substantial. Exploring alternatives among regulated brokers is recommended to ensure a safer and more secure trading experience.

APTS Similar Brokers

Revoked
Aperture
No license plate
1.53
Score
Revoked
KKR
KKR Forex Broker - Complete Information Guide   1. Broker Overview   KKR, offici
1.53
Score
ORYX
Oryx Forex Broker - Complete Information Guide   1. Broker Overview   Oryx, offi
1.53
Score
DBS
DBS Forex Broker - Complete Information Guide   1. Broker Overview   DBS Vickers
1.53
Score
ABX
ABX Forex Broker - Complete Information Guide   1. Broker Overview   ABX Trade,
1.54
Score
Unverified
GSM
GSM Forex Broker - Complete Information Guide   1. Overview of the Broker   GSM,
1.54
Score
TMX
TMX Forex Broker - Complete Information Guide   1. Overview of TMX Broker   TMX,
1.53
Score
Dana
Dana Forex Broker - Complete Information Guide   1. Broker Overview   Dana Broke
1.54
Score
BingX
BingX Forex Broker - Complete Information Guide   1. Broker Overview   BingX, es
1.53
Score
Binary Options
Binary Options Brokers - Complete Information Guide   1. Overview of the Broker
1.53
Score
NetDania
NetDania Forex Broker - Complete Information Guide   1. Broker Overview   NetDan
1.53
Score
Clone Firm
CALIBUR
No license plate
1.53
Score
Unverified
HA
No license plate
1.56
Score
1.56
Score
1.57
Score
Unverified
LINN
No license plate
1.56
Score
Unverified
Euro Pacific Bank
1.56
Score
1.56
Score
1.56
Score
ATS
1.56
Score
Unverified
Leffler Commodities
No license plate
1.56
Score
1.56
Score
Unverified
SMBC
No license plate
1.56
Score
1.56
Score

Latest Reviews

王先生1212

王先生1212

Hong Kong

The withdrawal applied 00:00 on April 30th, which should be received within 3 day, is still unavailable. The website is disabled.

Exposure

2020-05-17

FX6807100320

FX6807100320

Hong Kong

A 20% margin was asked before a withdrawal. Give back my fund.

Exposure

2020-04-24

FX6807100320

FX6807100320

Hong Kong

The platform asked for 20% of my fund as a margin, saying that my bank information was wrong. Then I was asked to pay again since I hadn’t add a remark. The platform is a rip-off in which the service was bad.

Exposure

2020-04-16

APTS Forex Broker has an overall rating of 1.53, Regulatory Index 0.00, License Index 0.00, Business Index 7.19, Software Index 4.00 Risk Control Index 0.00.