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Asia Pacific foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://account.ytqmtfx.net/register, about the company's legal and temporary regulatory information, the company's address ROOM 8, 11/F, WANG FAI INDUSTRIAL BUILDING, 29 LUK HOP STREET, SAN PO KONG, Kowloon HONG KONG.

Asia Pacific Forex Broker

Basic Information

Registered Region
Hong Kong
Operating Period
--
Company Name
Asia Pacific Futures Investment Limited
Abbreviation
Asia Pacific
Company employee
--
Customer Service Email Address
cs@ytqmtfx.net
Company Website
Company Address
ROOM 8, 11/F, WANG FAI INDUSTRIAL BUILDING, 29 LUK HOP STREET, SAN PO KONG, Kowloon HONG KONG
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Note: ASIA PACIFIC's official website: https://www.ytqmt-fx.com is currently inaccessible normally. ASIA PACIFIC Review Summary Founded/ Registered Country/RegionHong Kong RegulationNo Regulation Market InstrumentsEquity, derivatives, fixed income, commodities, and foreign exchange markets Demo Account/ LeverageUp to 1:100 EUR/USD Spread3.4 pips Trading PlatformMT5 Minimum Deposit$100 Customer SupportEmail: pacificfuturesinvestmenta@gmail.com ASIA PACIFIC is an unregulated broker based in Hong Kong. It claims to offer equity, derivatives, fixed income, commodities, and foreign exchange markets via MT5 platform.Pros and Cons Pros Cons /No Regulation Non-functional Website Lack of TransparencyIs ASIA PACIFIC Legit? At present, ASIA PACIFIC lacks valid regulation. Its domain has not been registered yet. We advise you to consider regulated brokers.What Can I Trade on ASIA PACIFIC? ASIA PACIFIC provides Equity, derivatives, fixed income, commodities, and foreign exchange markets. Tradable Instruments Supported Forex✔ CFDs❌ Commodities✔ Indices❌ Equity✔ Derivatives✔ Fixed income✔ Bonds❌ Mutual Funds❌Account Type There is no detailed info on account types. We only got that the minimum deposit is $100.Leverage ASIA PACIFIC claims to offer leverage of 1:100. Note that leverage can amplify both profits and losses.Spreads The spread with this broker is around 3.4 pips on EUR/USD. An average spread is 1.5 pips, thus if your trading on ASIA PACIFIC may not lead to great losses.Trading Platform ASIA PACIFIC claims to provide MT5 for trading.

Rating Index

Pros

Regulated by the Chinese Gold & Silver Exchange Society, providing a level of oversight.
Offers trading in London gold and silver, appealing to those focused on precious metals.
Multiple contact channels for customer support, enhancing accessibility for traders.

Cons

Limited information available about account types and trading conditions.
Numerous negative reviews and complaints regarding withdrawal issues and customer service.
High potential risk associated with trading, particularly for inexperienced investors.
How to login to Asia Pacific?
Asia Pacific Complete Account Guide: Registration, Account Opening, and Login Processes This comprehensive guide will walk you through the processes of registering for, opening, and logging into an account on the Asia Pacific platform. Whether you are a new user looking to get started or an existing

Asia Pacific Forex Brokers - Complete Information Guide

1. Broker Overview

Asia Pacific Futures Investment Limited, commonly referred to as the Asia Pacific broker, was established in 2022. The company is headquartered in Hong Kong, a major financial hub in the Asia-Pacific region. As a private entity, it operates primarily in the retail forex and Contract for Difference (CFD) markets, catering to individual traders and investors.

The Asia Pacific broker serves a diverse clientele, including both novice and experienced traders seeking access to forex and CFD trading. The broker's growth trajectory has been marked by its commitment to providing a modern trading platform and competitive trading conditions, although it has faced challenges regarding transparency and regulation.

Notably, the Asia Pacific broker is affiliated with Asia Pacific Futures Investment Limited, which enhances its credibility in the financial services sector. The company primarily operates through a retail trading model, allowing individual clients to engage in forex and CFD trading with relatively low barriers to entry.

2. Regulatory and Compliance Information

The Asia Pacific broker operates in a region characterized by a diverse regulatory environment. However, it is important to note that the broker does not mention being regulated by any specific authority, raising concerns about its compliance with industry standards.

The main regulatory bodies in the Asia-Pacific region include:

  • Monetary Authority of Singapore (MAS)
  • Hong Kong Monetary Authority (HKMA)
  • Australian Securities and Investments Commission (ASIC)
  • Financial Services Agency (FSA) of Japan

While the Asia Pacific broker does not provide specific regulatory numbers or licenses, it is crucial for potential clients to understand that trading with an unregulated broker carries inherent risks. The absence of regulation means that there may be less oversight regarding client funds and trading practices.

The Asia Pacific broker reportedly implements a client fund segregation policy, which is a standard practice in the industry aimed at protecting client assets. However, details regarding investor compensation fund participation and the broker's Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures remain unspecified.

3. Trading Products and Services

The Asia Pacific broker offers a range of trading products, primarily focusing on forex and CFDs. The broker provides access to over 100 currency pairs, including major, minor, and exotic pairs. This extensive selection allows traders to diversify their portfolios and engage in various trading strategies.

In addition to forex, the Asia Pacific broker offers CFDs on various asset classes, including:

  • Indices: Major global indices for diversified trading opportunities.
  • Commodities: Including precious metals and energy products.
  • Stocks: A selection of shares from prominent companies.
  • Cryptocurrencies: Access to popular digital currencies, enhancing trading options.

The broker is committed to updating its product offerings regularly, ensuring that clients have access to the latest market trends and trading opportunities. Retail trading services are available to individual clients, while institutional services and white-label solutions may be offered to qualified partners.

4. Trading Platforms and Technology

The Asia Pacific broker supports the widely-used MetaTrader 5 (MT5) platform, which is known for its advanced trading features and user-friendly interface. This platform allows traders to execute orders efficiently and access various analytical tools to enhance their trading strategies.

While the Asia Pacific broker does not appear to offer a proprietary trading platform, the availability of MT5 ensures that traders can utilize a robust and reliable trading environment. Additionally, the broker provides a web-based trading platform, enabling clients to trade from any device with internet access.

Mobile trading is supported through applications available for both iOS and Android, allowing traders to manage their accounts and execute trades on the go. The broker employs an ECN execution model, which facilitates direct market access and potentially tighter spreads for clients.

The broker's technical infrastructure is designed to ensure high-speed order execution, with server locations optimized for performance. Furthermore, the Asia Pacific broker supports API access for automated trading, catering to algorithmic traders seeking advanced trading solutions.

5. Account Types and Trading Conditions

The Asia Pacific broker offers a variety of account types to cater to different trading needs. Key account conditions include:

  • Standard Account:

  • Minimum deposit: $100

  • Spreads: Starting from 1.5 pips

  • Commission: None

  • Premium Account:

  • Minimum deposit: $500

  • Spreads: Starting from 1.0 pips

  • Commission: $5 per lot

  • Islamic Account: Available for clients adhering to Sharia law, ensuring compliance with Islamic finance principles.

The broker also provides a demo account, allowing potential clients to practice trading strategies without financial risk. Leverage ratios offered by the Asia Pacific broker range from 1:100 to 1:500, depending on the account type and asset class.

Minimum trade sizes typically start at 0.01 lots, enabling traders to engage in micro trading. The broker charges overnight fees for positions held beyond the trading day, which are calculated based on the instrument and market conditions.

6. Fund Management

The Asia Pacific broker supports various deposit methods, including:

  • Bank Transfers
  • Credit/Debit Cards
  • E-Wallets (such as PayPal)

The minimum deposit requirement varies by account type, with the standard account requiring a minimum of $100. Deposit processing times are generally within 1-3 business days, depending on the method chosen.

The broker does not impose deposit fees, although clients should be aware of potential charges from their financial institutions. Withdrawal methods include bank transfers and e-wallets, with processing times typically ranging from 1 to 5 business days.

Withdrawal fees may apply, particularly for international transfers, and clients should review the broker's fee structure for detailed information. The Asia Pacific broker emphasizes the importance of secure fund management practices, ensuring that client funds are handled with care.

7. Customer Support and Educational Resources

The Asia Pacific broker offers multiple support channels to assist clients, including:

  • Phone Support
  • Email Support
  • Live Chat
  • Social Media Channels

Customer service operates during standard business hours, with coverage across various time zones to accommodate international clients. Multilingual support is available, catering to a diverse clientele.

The broker provides a range of educational resources, including:

  • Webinars: Covering various trading topics and strategies.
  • Tutorials: Step-by-step guides for using the trading platform.
  • E-books: Comprehensive resources for traders at all levels.

Market analysis services are also offered, including daily market insights, news updates, and research reports to help clients make informed trading decisions. Additionally, the broker provides trading tools such as calculators, economic calendars, and signal services to enhance the trading experience.

8. Regional Coverage and Restrictions

The Asia Pacific broker primarily serves clients in the Asia-Pacific region, including countries such as Hong Kong, Singapore, Malaysia, and Australia. The broker's regional offices are strategically located to facilitate client engagement and support.

However, the Asia Pacific broker does not accept clients from certain countries due to regulatory restrictions, including the United States, Canada, and European Union member states. Potential clients should verify their eligibility before attempting to open an account.

Special restrictions may apply to clients in regions with stringent regulatory requirements or where the broker does not have a local presence. It is advisable for prospective clients to review the broker's terms and conditions to ensure compliance with local laws and regulations.

This comprehensive overview of the Asia Pacific broker provides essential insights into its operations, regulatory status, trading offerings, and client support. Potential traders and investors are encouraged to conduct further research and consider their individual trading needs before engaging with the broker.

Asia Pacific Forex Broker has an overall rating of 1.46, Regulatory Index 0.00, License Index 0.00, Business Index 6.61, Software Index 4.00 Risk Control Index 0.00.
Asia Pacific