APM Capital Forex Broker provides real users with 1 positive reviews, 1 neutral reviews and * exposure review!
Risk Control
Business
Real account was totally different from the demo account, the worst trading conditions ever! Can you imagine? Spreads on Ger30 soared 200 pips! That was too horrible.
My demo trading experience at APM Capital was very good. Although there were some small problems in the process, all were solved by customer service. Great work!
APM Capital has garnered mixed reviews in the forex trading community, with many sources questioning its legitimacy and regulatory compliance. While some users have reported satisfactory trading experiences, numerous reviews point out significant concerns regarding transparency, regulatory status, and customer service. This review aims to provide a balanced overview of APM Capital, highlighting both the positives and negatives based on available information.
Note: It is essential to consider the different entities operating in various regions, as this impacts the regulatory framework and user experience. The following analysis is based on multiple sources to ensure fairness and accuracy.
| Category | Score (out of 10) |
|---|---|
| Account Conditions | 5.0 |
| Tools and Resources | 6.0 |
| Customer Service | 4.5 |
| Trading Setup | 5.5 |
| Trustworthiness | 3.0 |
| User Experience | 4.0 |
We evaluate brokers based on user feedback, regulatory compliance, and overall trading conditions.
Founded in 2004, APM Capital is a forex broker based in the United Arab Emirates. It claims to be regulated by the Abu Dhabi Global Market (ADGM) and the Financial Services Regulatory Authority (FSRA), although the authenticity of these claims has been widely disputed. The broker offers trading through the MetaTrader 5 platform, alongside a proprietary trading application. APM Capital provides access to a variety of trading instruments, including forex pairs, CFDs, commodities, indices, and options.
Regulatory Regions: APM Capital claims to operate under the regulatory framework of the ADGM, but many reviews cast doubt on its legitimacy. The lack of verification from more stringent regulatory bodies raises concerns about the safety of client funds.
Deposit/Withdrawal Currencies/Cryptocurrencies: The broker's website lacks clear information on accepted currencies and cryptocurrencies, which is a significant drawback for potential traders.
Minimum Deposit: Information regarding the minimum deposit requirement is ambiguous, with some sources reporting figures as low as $100, while others mention higher amounts without clarity.
Bonuses/Promotions: There is no substantial information about any bonuses or promotional offers available for new or existing traders.
Tradeable Asset Classes: APM Capital offers a wide range of assets, including more than 1,000 instruments such as forex, CFDs, commodities, and indices. However, the lack of specific details on each asset class diminishes the appeal.
Costs (Spreads, Fees, Commissions): Spreads are reported to start from as low as 0 pips, but the absence of detailed information on commissions and other fees raises concerns about hidden costs.
Leverage: The broker reportedly offers leverage up to 1:30, which is relatively standard but can vary based on account type.
Allowed Trading Platforms: APM Capital primarily supports the MetaTrader 5 platform, which is widely regarded in the trading community. However, the availability of other platforms like MT4 is not confirmed.
Restricted Regions: There is no definitive list of restricted regions, but the broker appears to target markets in the UAE, Denmark, and the UK.
Available Customer Service Languages: Customer service reportedly offers support in English, but the quality and responsiveness of this service have been criticized.
| Category | Score (out of 10) |
|---|---|
| Account Conditions | 5.0 |
| Tools and Resources | 6.0 |
| Customer Service | 4.5 |
| Trading Setup | 5.5 |
| Trustworthiness | 3.0 |
| User Experience | 4.0 |
Account Conditions (5.0): The account conditions at APM Capital are average at best. While there are multiple account types available, the lack of clarity regarding minimum deposits and specific features makes it difficult for potential traders to make informed decisions.
Tools and Resources (6.0): APM Capital provides access to the MetaTrader 5 platform, which is a positive aspect. However, there is limited educational content or trading tools to assist traders, particularly beginners.
Customer Service (4.5): Customer service has received mixed reviews, with some users praising the responsiveness, while others have reported long wait times and inadequate support. The absence of a live chat option is a notable drawback.
Trading Setup (5.5): The trading setup is fairly standard, with a variety of instruments available. However, the lack of transparency regarding fees and commissions detracts from the overall trading experience.
Trustworthiness (3.0): APM Capital's trustworthiness is a significant concern, primarily due to its questionable regulatory claims and lack of transparency. Many reviews suggest that traders should exercise caution before investing.
User Experience (4.0): User experiences vary widely, with some traders reporting satisfactory trading conditions while others highlight issues with withdrawals and customer support. The overall user experience is hindered by the lack of clear information on the website.
In conclusion, the APM Capital review reveals a broker that presents both opportunities and significant risks. While the trading platform and a variety of instruments are appealing, the concerns regarding regulatory compliance and customer service cannot be overlooked. Potential traders should conduct thorough research and consider their risk tolerance before engaging with APM Capital.
