Score
APX Prime
Saint Vincent and the Grenadines|2-5 years| https://apxprime.com
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
United KingdomContact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Saint Vincent and the Grenadines
2-5 years Suspicious Regulatory License MT4 Full License Global Business High potential riskAccount Information
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Website
apxprime.com
Server Location
Bahrain
Website Domain Name
apxprime.com
Server IP
15.185.162.247
Company Summary
| Aspect | Information |
| Registered Country/Area | Saint Vincent and the Grenadines |
| Founded year | 2-5 years |
| Company Name | APX Prime |
| Minimum Deposit | $10 |
| Maximum Leverage | Up to 1:2000 |
| Spreads | Starting from 0.1 pips |
| Trading Platforms | MetaTrader 4 (MT4) |
| Tradable assets | Over 35 forex currency pairs, CFDs on gold, silver, stock indexes, oil, other commodities, and cryptocurrencies |
| Account Types | CENTS, STANDARD, ECN |
| Demo Account | Available |
| Customer Support | Email: support@apxprime.com |
| Payment Methods | FasaPay, Local Bank Transfers, PerfectMoney, WebMoney |
General Information
APX Prime is an unregulated forex broker headquartered in Saint Vincent and the Grenadines, offering a range of market instruments, including forex currency pairs, CFDs on gold, silver, stock indexes, oil, other commodities, and cryptocurrencies.
Pros and Cons
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Market Instruments
1. Forex Currency Pairs: APX Prime provides access to over 35 forex currency pairs. Forex trading involves the buying and selling of currency pairs, allowing traders to speculate on the relative value fluctuations between different currencies.
2. Contracts for Difference (CFDs) on Gold: APX Prime offers CFDs on gold, allowing traders to speculate on the price movements of this precious metal without physically owning it. CFDs on gold provide exposure to price fluctuations and the opportunity to profit from both rising and falling gold prices.
3. Contracts for Difference (CFDs) on Silver: APX Prime enables trading CFDs on silver, providing traders with the ability to speculate on the price movements of silver without owning the physical asset. CFDs on silver offer an alternative investment option and potential opportunities for profit in response to silver price changes.
4. Contracts for Difference (CFDs) on Stock Indexes: APX Prime allows traders to engage in CFD trading on various stock indexes. Trading CFDs on stock indexes enables investors to speculate on the performance of a basket of stocks that represent a particular market or industry.
5. Contracts for Difference (CFDs) on Oil: APX Prime facilitates trading CFDs on oil, enabling traders to speculate on the price movements of oil without owning the underlying commodity. CFDs on oil offer exposure to the oil market and the opportunity to profit from changes in oil prices.
6. Contracts for Difference (CFDs) on Other Commodities: APX Prime provides the opportunity to trade CFDs on other commodities, which may include agricultural products, metals, or energy resources. CFDs on other commodities offer traders the ability to profit from price movements in these markets without physically owning the commodities.
7. Cryptocurrencies: APX Prime offers trading in cryptocurrencies. Cryptocurrencies are digital assets that use cryptography for secure financial transactions. The availability of cryptocurrencies allows traders to speculate on their price movements and potentially benefit from market volatility.
Account Types
APX Prime offers three types of trading accounts: CENTS, STANDARD, and ECN. Each account type has its own set of features and specifications.
CENTS
The CENTS account offered by APX Prime is characterized by a variable spread and a minimum spread starting from 1.7 pips. Traders can trade with a minimum volume of 0.01 lot and have the opportunity to place orders of up to 150 lots. The leverage available for this account type is up to 1:1000.The CENTS account supports 28 currency pairs for trading and does not charge any commission. Additionally, traders have the option for swap-free trading, and the margin call and stop-out levels are set at 60% and 30%, respectively. The CENTS account requires a minimum deposit of $10.
STANDARD
The STANDARD account provided by APX Prime features a variable spread with a minimum spread starting from 1.3 pips. Traders can trade with a minimum volume of 0.01 lot and place orders of up to 50 lots. The leverage available for this account type is up to 1:2000. With the STANDARD account, traders can access 35 different currency pairs for trading. Similar to the CENTS account, there is no commission charged for trades, and traders can also opt for swap-free trading. The margin call and stop-out levels for the STANDARD account are set at 60% and 30%, respectively. The minimum deposit required to open a STANDARD account is $15.
ECN
APX Prime offers an ECN account that provides traders with a variable spread starting from 0 pips. Traders can trade with a minimum volume of 0.01 lot and have the ability to place orders of up to 50 lots. The leverage available for the ECN account is up to 1:500. The ECN account supports trading in 35 different currency pairs. Unlike the previous two account types, the ECN account charges a commission of $8 per trade. Swap-free trading is also available for those who prefer it. The margin call and stop-out levels for the ECN account are set at 60% and 30%, respectively. Traders interested in opening an ECN account with APX Prime should note that a minimum deposit of $300 is required.
| Pros | Cons |
| Multiple account types to suit different needs | Minimum deposit requirement for ECN account |
| No commission charges for CENTS and STANDARD accounts | Commission charges for ECN account |
| Variety of currency pairs for trading | Higher minimum deposit for ECN account |
| Option for swap-free trading | Potential higher spreads for CENTS account |
Leverage
APX Prime offers a maximum leverage ratio of up to 1:2000 to its clients. APX Prime says that it offers low spreads starting from 0.1 pips.
Trading Platform Available
APX Prime offers the MetaTrader 4 (MT4) trading platform to its clients. The MT4 platform is widely recognized and used by traders worldwide. It is accessible on desktop computers, web browsers, and mobile terminals for both Android and iOS devices.
Deposit & Withdrawal
APX Prime provides clients with several options for depositing and withdrawing funds. They accept deposits and withdrawals via FasaPay, Local Bank Transfers, PerfectMoney, and WebMoney. The minimum deposit requirement is $10.
For depositing funds, clients can choose Local Bank Transfer. This method ensures secure and instant funding of their trading accounts. Additionally, FasaPay, Perfect Money, Coinbase, and WebMoney are available options. These payment methods offer convenience and ease of use for depositing funds into the trading account. Each option has its own fee structure, with minimum deposits ranging from 0 to 10 USD and instant processing times.
When it comes to withdrawing funds, APX Prime offers various options as well. Clients can use Local Bank Transfer, FasaPay, Perfect Money, Coinbase, or WebMoney. Withdrawals via Local Bank Transfer may incur no fees and have a minimum withdrawal amount of 15 USD, with a processing time ranging between 3 and 24 hours. FasaPay, Perfect Money, Coinbase, and WebMoney withdrawals have no fees associated with them, a minimum withdrawal amount of 15 USD, and instant processing times. Match 2 Pay is another option for withdrawals, with a 1% fee and a minimum withdrawal amount of 20 USD, and the processing time ranges between 3 and 24 hours.
Trading Tools
APX Prime offers an economic calendar to its clients. An economic calendar is a tool that provides information about upcoming economic events, such as key economic indicators, government reports, and central bank announcements. Traders can use this calendar to stay informed about important events that may impact the financial markets.
Customer Support
APX Prime's customer support can be contacted via email at support@apxprime.com.
Conclusion
In conclusion, APX Prime, an unregulated broker based in Saint Vincent and the Grenadines, presents certain advantages and disadvantages. On the positive side, APX Prime offers a variety of market instruments, including forex currency pairs, CFDs on gold, silver, stock indexes, oil, other commodities, and cryptocurrencies. They provide multiple account types, such as CENTS, STANDARD, and ECN, with varying features and specifications. Additionally, APX Prime offers the widely recognized MetaTrader 4 (MT4) trading platform, which supports versatile functionality and mobile trading capabilities.
FAQs
What financial instruments can I trade with APX Prime?
APX Prime offers a variety of trading instruments, including over 35 forex currency pairs, CFDs on gold, silver, stock indexes, oil, other commodities, and cryptocurrencies.
What are the account types available at APX Prime?
APX Prime offers three types of trading accounts: CENTS, STANDARD, and ECN. Each account type has its own features, such as varying spreads, leverage ratios, and minimum deposit requirements.
What are the minimum deposit and withdrawal options at APX Prime?
The minimum deposit requirement at APX Prime is $10. They accept deposits and withdrawals via FasaPay, Local Bank Transfers, PerfectMoney, and WebMoney.
Which trading platform does APX Prime provide?
APX Prime offers the MetaTrader 4 (MT4) trading platform, which is accessible on desktop, web, and mobile terminals for Android and iOS devices.
Keywords
- 2-5 years
- Suspicious Regulatory License
- MT4 Full License
- Global Business
- High potential risk
News
Exposure A Closer Look at APX Prime’s Withdrawal Delay
A recent situation with APX Prime has brought its withdrawal issues to the forefront, involving a Malaysian trader who faced significant delays in receiving an approved withdrawal of $568.
2024-07-24 17:43
Exposure WikiFX Broker Assessment Series | Is APX Prime Reliable?
Have you ever heard about a broker named APX Prime? WikiFX made a comprehension review on this broker to help you better understand the truth, we will analyze the reliability of this broker from specific information, regulation, exposure, etc. And it would help if you never missed it.
2024-01-12 17:30
Review 16
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Review 16
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Revon
Malaysia
No support while ask to wait 4 minutes? Create ticket, nobody respond. Apx prime is asia from Malaysia kajang. Aliff izzudin do you want to run away with my money? I will bring your father's face here! settle my withdrawal bro. don't run away with client's money.
Exposure
12-16
Revon
Malaysia
I’ve withdrawal 13/12/24 but until now im still didn’t receive email approved ! Tomorrow is 3day already and just waiting. if this case still not solve tomorrow police report will came here. Reminder Apx prime
Exposure
12-15
FX2240240624
Malaysia
my wd is still pending from 13/8
Exposure
10-03
Cikgu Kamil Hashim
Malaysia
Withdrawal approved but not receive money in my bank account. Customer service said need to wait for 48 to 72 hours to receive money. Already above 72 hours, didn't receive money. Becareful with this broker.
Exposure
09-03
FX2701994391
Thailand
Use 200% bonus but can't withdraw money. When trading and making profit, approval to withdraw money but claiming that it will take 24-72 hours for the money to enter, but it is a scam. They will not actually transfer the money.
Exposure
08-22
jason7246
Malaysia
I have requested withdrawal of 800USD on 10th July and they approved on the same day. But after 12 days, I still haven’t receive my money. I create ticket to ask them about this and they only know how to reply using template message, no actual resolution is given out to clients affected. They keep blaming Help2Pay is having technical issue but oddly they still allow clients to deposit/withdrawal via Help2Pay in their dashboard. I feel they are just using technical issue as an excuse to not return back our money!
Exposure
07-22
Slumber
Malaysia
How come this broker can’t make the payment.my withdrawal already approved since 9 july 2024 but untill now 18 july 2024 i am still not received any pyment from APX prime broker..they said 24-72hours..but now already almost 10days
Exposure
07-18
FX1355832250
Malaysia
withdrawal has been approved on Friday, five days to go still didn’t credit to my bank, they always reply is payment provider problem, but taking 1 week to receive is unreasonable. they said 48-72 working hours to receive, but now is over 72hours.
Exposure
07-12
Gobi9751
Malaysia
Withdrawal already approved but didn't receive money in my bank account. Customer service said need to wait for 48 to 72 hours to receive money. Already above 72 hours, didn't receive money.
Exposure
07-08
Gobi9751
Malaysia
They remove the bonus while trade open and I lost my money. They said bonus support floating but remove the bonus before start floating. When I ask customer service they simply said system error.
Exposure
06-22
Layla
Hong Kong
APX Prime has a few account options, which is cool. But their customer service is kind of hit or miss. Sometimes it's good, sometimes it's not. Overall, they're okay, but there's room for improvement on the support side.
Neutral
07-08
worldword
South Africa
Been with APX Prime for a few months. They have a solid platform and good variety, but their customer service can be hit or miss, especially with bonus withdrawals.
Neutral
06-17
Allen Wu.
Belarus
Not fair. What they do is allow the Pro Account in other countries to deposit a minimum $200, and in my country, Somalia, the minimum deposit is $3000 for the Pro Account. What do you call this?
Neutral
04-26
FX3871439384
Malaysia
Server are stable duirng high impact news. withdrawal also fast and legit.
Positive
2023-05-10
Ayu442
Indonesia
Deposits and withdrawals are fast, there are CT facilities that can manage their own risk management, can help spread the CT link to get results from the CT Master..
Positive
2022-12-31
志强
United States
APX Prime seems to have banned me from their website...I don't understand. I see that this company does not have any regulatory licenses, so be on high alert!
Positive
2022-12-16