APX Prime Review – Is APX Prime a Scam Broker?
- Website: https://www.apxprime.com/
- Website Availability: Yes
- Address: Saint Vincent and the Grenadines
- Warning: Not Recommended By Review Website Like Proupshot.co
- Domain Blacklisted Status: It seems there is no direct mention of this domain being on a blacklist.
APX Prime Warning Signs That Shouldn’t Be Ignored
APX Prime is a brokerage firm established in 2021 and registered in Saint Vincent and the Grenadines (SVG). It offers trading through three account types — Cents, Standard, and ECN — with access to forex, CFDs, and equity markets. The broker operates on the popular MT4 platform, featuring real-time charts, technical indicators, and automated trading via Expert Advisors. Traders can open an account with a minimum deposit of just $10, benefit from leverage up to 1:2000, and enjoy spreads starting from 0.1 pips.
However, APX Prime comes with major concerns. WikiFX rates it 2.12/10 (Danger), noting that it has no valid regulation. The SVG FSA, where it is registered, does not oversee forex trading. In addition, many traders have reported withdrawal issues, hidden fees, and difficulties with the APX Prime login portal. Nine user complaints have been filed on WikiFX, and Trustpilot shows a 2.2/5 “Poor” rating, mostly negative. With commission charges, limited tradable assets, and lack of oversight, traders should approach APX Prime with extreme caution.
Why You Must Be Careful?
We’ve been tracking down fake brokers and dark investment plans for many years. Our investigations cover many cases, from forex trading scams to currency trading scams and crypto scams. After years of research and hundreds of real cases, we now know how these scams work and how they play with innocent victims.
Grand promises, unusually high excess returns, and withdrawal issues – these are all common investor-trapping tactics.
If trading with APX Prime is a possibility, remain cautious. There has to be thorough research and intelligence supervision so that one is not made a victim of any such dishonest practice.
Avoid Trending Financial Frauds
Scammers never stop inventing new techniques for scamming unsuspecting people. Some of the most trending frauds include:
Investor Impersonation Scams: Fraudulent investment companies promise high profits within a short time; they disappear with every deposit.
Romantic Scams: Scammers pretend to develop online relationships merely to gain victims’ financial trust before scamming them.
Gift Card Scams: Scammers insist on payments being made through gift Card, hence making the transactions irreversible.
Bank Account Fraud: Identity theft and unauthorized access are applied for the purpose of empty bank accounts.
Phishing Fraud: Emails and messages trick people into sharing confidential information.
Cryptocurrency scams: Ponzi schemes and deceptive exchanges trick traders into losing funds.
Forex scams: Unregistered brokers manipulate trades and hold up withdrawals.
Ransomware: Frauds demand ransom to decrypt the information they have encrypted.
When doing financial transactions online, always be observant and handle it cautiously. Meanwhile, verify the legitimacy of a particular broker.
How to Recover Lost Funds?
If you’ve lost money to APX Prime or similar forex trading scams, you’re not alone. Victims of crypto scams, currency trading scams, and other scam brokers or shady platforms often struggle with scam money recovery.
We assist to recover money from scammers using proven strategies like chargebacks, dispute resolution, and legal action. Our team provides expert advice to help with scammed money recovery and guides victims through the entire recovery process.
Contact Us for a free consultation regarding the recovery of your funds.
About Proupshot
Proupshot.co is dedicated to revealing every fraudulent broker and delivering accurate information to a trader. We aim to protect investors from scams or fraud in finance and also help victims in recovering their lost funds.
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