General Information

APX Prime Is An Unregulated Forex Broker Based In Saint Vincent And The Grenadines That Offers A Range Of Market Instruments, Including CFDs On Forex Currency Pairs, Gold, Silver, Stock Indices, Oil, Other Commodities, And Cryptocurrencies.

Advantages And Disadvantages

Advantages

• Three Trading Types
• MetaTrader 4 (MT4) Trading Platform Available
• Multiple Deposit And Withdrawal Options
• Maximum Leverage Ratio Of 1:2000
• Mobile Trading Capabilities
• Economic Calendar Of Market Event Information
• Various Market Instruments

Disadvantages

• Non-transparent Spreads And Commissions
• Limited Customer Support
• Limited Educational Resources
• Lack Of Detailed Information On The Company's Background
• No Liability Protection
• Limited Research And Analysis Tools
• Incomplete Disclosure Of Trading Conditions

Market Tools

1. Forex Currency Pairs: APX Prime Offers Trading On More Than 35 Forex Currency Pairs. Forex Trading Involves Buying And Selling Currency Pairs, Allowing Traders To Guess Fluctuations In The Relative Value Between Different Currencies.

2. Gold Contracts For Difference (CFDs): APX Prime Offers Gold CFDs, Allowing Traders To Speculate On Price Fluctuations Of This Precious Metal Without Actually Owning It. Gold CFDs Provide Exposure To Price Fluctuations And The Opportunity To Profit From The Rise And Fall In The Price Of Gold.

3. Silver Contracts For Difference (CFDs): APX Prime Can Trade Silver CFDs, Providing Traders With The Ability To Speculate On Fluctuations In The Price Of Silver Without Owning A Physical Asset. Silver CFDs Provide An Alternative Investment Option And Offer Potential Profit Opportunities When The Price Of Silver Moves.

4. Stock Index Contracts For Difference (CFDs): APX Prime Allows Traders To Participate In CFD Trading On Various Stock Indices. Trading On Stock Index CFDs Allows Investors To Speculate On The Performance Of A Basket Of Stocks Representing A Particular Market Or Industry.

5. Contracts For Difference (CFDs) On Oils And Fats: APX Prime Provides Traders With The Convenience Of Trading CFDs On Oils And Fats, Allowing Them To Speculate On Oil Price Fluctuations Without Owning The Underlying Commodity. CFDs On Oils And Fats Provide Traders With Exposure To The Oil Market And The Opportunity To Profit From Oil Price Movements.

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 Enable Traders To Profit From Price Fluctuations In These Markets Without Actually Owning These 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 Guess Their Price Fluctuations And Potentially Benefit From Market Fluctuations.

Account Types

APX Prime Offers Three Types Of Trading: CENTS, STANDARD And ECN. Each Account Type Has Its Own Characteristics And Specifications.

• CENTS

CENTS Accounts Offered By APX Prime Have Variable Spreads And Minimum Spreads Starting From 1.7 Pips. Traders Can Trade With A Minimum Of 0.01 Lots And Have The Opportunity To Place Orders For 150 Lots. The Leverage For This Account Type Is Up To 1:1000. Traders Can Access The Account Through The MT4 Platform, Which Offers A Variety Of Features And Tools. The CENTS Account Supports Trading In 28 Currency Pairs And Does Not Charge Any Commission. In Addition, Traders Can Choose To Trade With No Overnight Interest. The Margin Call And Strong Level Are Set At 60% And 30% Respectively. The CENTS Account Requires A Minimum Deposit Of 10 Dollars.

• Standard

The STANDARD Account Offered By APX Prime Has Variable Spreads With Minimum Spreads Starting From 1.3 Pips. Traders Can Trade With A Minimum Volume Of 0.01 Lots And Can Place Orders Up To 50 Lots. The Leverage For This Account Type Is Up To 1:2000. Accessible Through The MT4 Platform, The Account Offers A Variety Of Trading Tools And Features. With The STANDARD Account, Traders Can Trade 35 Different Currency Pairs. Similar To The CENTS Account, There Is No Commission Charged For Trading, And Traders Can Also Choose To Trade Without Interest. The Margin Call And Strong Level For The STANDARD Account Are Set At 60% And 30% Respectively. The Minimum Deposit Required To Open A STANDARD Account Is 15 Dollars.

• ECN

APX Prime Offers An ECN Account That Provides Traders With A Starting Spread Starting From 0 Pips. Traders Can Trade With A Minimum Trading Volume Of 0.01 Lots And Have The Ability To Place Orders Up To 50 Lots. The Leverage Available For The ECN Account Is 1:500. Traders Can Access This Account Type Through The MT4 Platform, Which Offers A Range Of Advanced Trading Features And Tools. The ECN Account Supports Trading In 35 Different Currency Pairs. Unlike The First Two Account Types, The ECN Account Charges A Commission Of 8 Dollars Per Trade. Those Who Prefer Trading Without Overnight Interest Can Also Choose This Account. The Margin Call And Mandatory Position Squaring 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 Dollars Is Required.

Leverage

APX Prime Offers Its Clients Maximum Leverage Up To 1:2000. It Is Important To Note That Leverage Can Amplify Profits And Losses In Trading. While High Leverage Can Lead To Huge Gains, It Also Carries Considerable Risk. Less Experienced Traders Are Advised Not To Use Excessive Leverage As It Can Lead To Huge Losses If Not Managed Properly. Traders Should Carefully Consider Their Risk Tolerance And Trading Strategy Before Taking Advantage Of High Leverage Ratios.

Spreads

APX Prime Says It Offers Low Spreads Starting From 0.1 Pips.

Available Trading Platforms

APX Prime Offers Its Clients The MetaTrader 4 (MT4) Trading Platform. The MT4 Platform Is Widely Recognized And Used By Traders Worldwide. It Is Available On Desktop Computers, Web Browsers And Mobile End Points And Works On Android And IOS Devices.

Deposits And Withdrawals

APX Prime Offers Several Options For Clients To Deposit And Withdraw Funds. They Accept Deposits And Withdrawals Via FasaPay, Local Bank Transfer, PerfectMoney And WebMoney. The Minimum Deposit Requirement Is 10 Dollars.

For Deposits, Customers Have The Option Of Local Bank Transfer. This Method Ensures The Security Of Their Transaction Account Funds And Instant Deposit Accounts. In Addition, FasaPay, Perfect Money, Coinbase And WebMoney Are Also Available Options. These Payment Methods Offer Convenience And Ease Of Use For Deposits. Each Option Has Its Own Fee Structure, With A Minimum Deposit Amount Ranging From 0 To $10 And Instant Processing Time.

When It Comes To Withdrawing Funds, APX Prime Also Offers A Variety Of Options. Customers Can Use Local Bank Transfer, FasaPay, Perfect Money, Coinbase Or WebMoney. There May Be No Fees For Withdrawing Funds Through Local Bank Transfer, With A Minimum Withdrawal Amount Of $15 And Processing Time Between 3 And 24 Hours. Withdrawing Funds Via FasaPay, Perfect Money, Coinbase, And WebMoney Incurs No Fees, With A Minimum Withdrawal Amount Of $15 And Instant Processing Time. Another Withdrawal Option Is Match 2 Pay, Which Charges A 1% Fee, A Minimum Withdrawal Amount Of $20, And Processing Time Between 3 And 24 Hours.

Customer Support

Customer Support At APX Prime Can Be Reached By Email To Support@apxprime.com. They Operate During Normal Business Hours Monday Through Friday, From 9am To 5pm. However, It Is Important To Note That APX Prime Does Not Provide Other Contact Details Such As Phone Numbers, Which Many Other Brokers Typically Do. The Availability Of This Limited Direct Contact Option May Be Disadvantageous To Traders Who Prefer Immediate Assistance Or Have Urgent Questions. The Firm's Physical Address Is Located On The First Floor Of The Bank Of St. Vincent Building, King Sting Street, St. Vincent And The Grenadines.