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The WikiFX Score of this broker is reduced because of too many complaints!

APTS

Saint Vincent and the Grenadines|5-10 years|
Suspicious Scope of Business|Australia Appointed Representative(AR) Revoked|High potential risk|

http://en.aptsfx.com/

Website

Rating Index

Contact

support@aptsfxmail.com
http://en.aptsfx.com/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

APTS

Abbreviation

APTS

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 3
Previous Detection : 2024-11-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • AustraliaASIC (license number: 001278812) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 4 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

APTS · WikiFX Survey

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APTS · Company Summary

Note: APTSs official site - http://en.aptsfx.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

APTS Review Summary in 4 Points
Founded 2-5 years
Registered Country/Region Saint Vincent and the Grenadines
Regulation ASIC revoked; NFA unauthorized
Customer Support Email

What is APTS?

APTS, an online trading platform based in Saint Vincent and the Grenadines, asserts its ability to offer opportunities in the financial markets. However, it is crucial to emphasize that the APTS website is currently inaccessible, making it challenging to verify the broker's regulatory status or authenticity. Furthermore, it's essential to note that the broker is currently under invalid regulatory conditions: ASIC revoked and NFA unauthorized.

In our upcoming article, we will undertake a systematic assessment of this broker, examining its features and characteristics from various angles. Our objective is to provide you with concise and well-organized information. If this subject intrigues you, we encourage you to read on. At the conclusion of our analysis, we will provide a brief summary of the key points to give you an immediate overview of the broker's attributes.

Pros & Cons

Pros Cons
• None • ASIC revoked and NFA unauthorized
• Lack of transparency
• Website non-functional
• Limited customer support channels
• Negative reviews from its clients

When evaluating APTS, it becomes evident that the list of pros is regretfully empty, with no discernible advantages to be found.

On the flip side, the cons are striking and concerning. The broker's regulatory status is a significant red flag, with ASIC revoked and NFA unauthorized, leaving traders potentially exposed to unregulated and unsafe conditions. A lack of transparency within the platform compounds trust issues. Moreover, the non-functional website hinders potential investors from conducting proper due diligence, while the limited customer support channels to email only raise questions about the broker's commitment to assisting its users. Additionally, the presence of negative reviews from its clients underscores the risks associated with engaging with APTS, making it a highly questionable choice for those seeking a secure and reputable trading platform.

Is APTS Safe or Scam?

When considering the safety of a brokerage like APTS or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:

  • Regulatory sight: APTS faces significant safety concerns as it holds a revoked ASIC (Australia Securities & Investment Commission) license with the number 001278812 and an NFA (National Futures Association) license with the number 0527825. These regulatory issues cast doubt on the platform's legitimacy and adherence to industry standards, raising alarms for potential traders.

revoked ASIC license
unauthorized NFA license

Adding to these concerns is the current inaccessibility of the broker's official website, which could lead to speculations that the trading platform may have suspended its operations. Together, these factors substantially elevate the inherent risks associated with investing through this platform.

  • User feedback: The existence of four reports on WikiFX, particularly addressing withdrawal problems, should be regarded as significant warning indicators. Before any engagement with a broker or investment platform, it is crucial for traders to prioritize thorough research and due diligence. This proactive approach is imperative to effectively reduce the risk of making unfortunate and potentially costly decisions.

  • Security measures: So far we cannot find any security measures info on Internet for this broker.

Ultimately, the decision of whether or not to trade with APTS is a personal one. You should weigh the risks and benefits carefully before making a decision.

User Exposure on WikiFX

The existence of four troubling reports on WikiFX has raised significant concerns, notably related to withdrawal difficulties associated with APTS. For prospective investors considering this broker, it is of paramount importance to exercise the utmost caution and conduct thorough research.

To cultivate a safer trading environment, we strongly encourage individuals who have encountered fraudulent practices or have been victimized by broker scams to share their experiences in our 'Exposure' section. Your insights hold immense value, and our dedicated team is fully committed to addressing these issues, advocating on your behalf, and pursuing resolutions to ensure accountability. Active participation can indeed make a substantial difference in safeguarding the interests and well-being of yourself and fellow traders.

User Exposure on WikiFX

Customer Service

APTS offers customer support exclusively through email communication. This limited support channel may pose challenges for traders seeking quick responses or immediate assistance with their inquiries or issues.

Email: support@aptsfxmail.com.

It's important to weigh your communication preferences and needs when considering APTS as your broker of choice.

Conclusion

APTS, an online trading platform based in Saint Vincent and the Grenadines, offers trading services in financial market. However, upon closer scrutiny, disconcerting aspects emerge. Most notably, the broker operates without valid regulation, with its ASIC revoked and NFA unauthorized status, potentially exposing traders to security risks and a lack of industry standards.

Adding to these concerns is the broker's unreliable website accessibility and reliance on limited email support, which raises legitimate questions about their professionalism and accountability. Furthermore, the presence of four reports detailing withdrawal issues further heightens apprehensions.

In the pursuit of transparency, regulatory compliance, and robust customer support, it is advisable for prospective users to exercise utmost caution. Exploring alternatives among regulated brokers is recommended to ensure a safer and more secure trading experience while safeguarding investments and peace of mind.

Frequently Asked Questions (FAQs)

Q 1: Is APTS regulated?
A 1: No. It has been verified that this broker currently has no valid regulation. The claimed ASIC (Australia Securities & Investment Commission) license with the number 001278812 is revoked and the NFA (National Futures Association) license with the number 0527825 is unauthorized.
Q 2: Is APTS a good broker for beginners?
A 2: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of the lack of transparency and negative reviews on WikiFX.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Review 4

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