Apme FX Review- Low Transparency Despite Regulation And License

As a brokerage, Apme FX acts as a middleman between buyers and sellers. As a portfolio management platform, Apme FX website employs educated managers to work on behalf of their clients. Operating under the watchful eye of CySEC, this website is strictly regulated and practices licensed services.

On the other side, the lack of trading information and other specifics related to the offer are somewhat confusing. It will undoubtedly leave you wondering why the brokerage is not fully disclosing the necessary info if they’re properly regulated. This and other worrisome facts are discussed in this Apme FX review.

Broker status:	Regulated Brokerage Firm
Regulated by:	CySEC
Operating Status:	Active CFD and Forex Trading Platform
Known Websites:	apmefx.com
Blacklisted as a Scam by:	N/A
Owner:	APME FX TRADING EUROPE LIMITED
Headquarters Country:	Cyprus
Foundation Year:	2017
Online Trading Platforms:	MT5
Mobile Trading:	Available
Minimum Deposit:	N/A
Deposit Bonus:	N/A
CFD Trading Option:	Forex, Cryptocurrencies, Shares, Indices, Commodities, ETFs
Crypto Asset Trading:	Yes – BTC, XRP
Available Trading Instruments:	Forex CFDs, Cryptocurrencies CFDs, Shares, Shares CFDs, Indices CFDs, Commodities CFDs, ETFs CFDs
Maximum Leverage:	N/A
Islamic Account:	No
Free Demo Account:	No
Accepts US clients:	US Clients are not accepted
Global Fraud Protection Experts’ Verdict:	There are better options to choose from.

CySEC License

Apme FX is established by a Cypriot firm, APME FX Trading Europe Ltd, legally incorporated and licensed by CySEC. The other approved domains of the firm are ozios.com and oziotrader.com.

In terms of regulation, this brokerage brand is respective of the regulatory rules, standards and criteria that outline the online trading domain in EEA. Operating under the MiFID directive means that the company has implemented the mandatory AML measures and regularly reports about their monetary transactions to the supervisory authority.

However, what this broker dealer certainly lacks is the website transparency. This could be a bad sign, but the broker is still more trustworthy than common fraudsters like LeapFX.

Limited Online Presence

ApmFX holds a small, but firm online presence. They have active profiles on LinkedIn, Facebook, and Instagram which serve as advertising platforms.

Many companies today use so-called viral advertising to attract new clients. Be warned that not all of them are honest, with Bizzan being an example.

Apme FX Caters to EU Clients

The company website, apmefx.com was launched in 2017, as is evident from the WhoIs database. The company offers services predominantly in these countries:

• Czech Republic
• Cyprus
• Slovakia
• United Kingdom

MT5 Desktop

The company offers one of the most widespread trading programs to their clients, the MT5. The trading information provider is Ozionline, a subsidiary of APME FX Trading Europe Ltd.

No matter how well received this software is, we couldn’t gain access to the Apme FX platform in its entirety. This has prevented us from gauging the functionality of their MT5 version.

Mobile Device App

We can see that the MT5 is available for mobile users as well. The apmefx.com website contains links to Google Play and App Store, where you may download the app for Android or iOS.

Interestingly enough, Apme FX does not use the proprietary Ozios trading platform of their own design.

No Full Disclosure On Assets

It is unclear which trading instruments this brokerage sports on their platform. A link called “Full list of Financial Instruments” is present on the About Us page, but it leads to the License page instead.

Without access to the MT5, we can only rely on the few assets that were used as examples in the so-called “Key Information Document”. Here they are:

• Forex CFDs- (EUR/USD, GBP/USD)
• Cryptocurrencies CFDs- (BTC/USD, XRP/USD)
• Commodities CFDs- (XAU/USD, Wheat)
• Shares- (Tesla, NVidia)
• Shares CFDs- (Apple, Amazon)
• ETFs CFDs- (GLD, FAZ)
• Indices CFDs- (US 500Cash, USTECHCash)

Unclear Trading Account Types

There are no advertisements, or an account creation page for the Apme FX login. Creating an account through MT5 is disabled as well, and the same is true for the demo.

There are a number of portfolio management plans, however. These include active allocation of funds for different asset types:

• Conservative approach- 60%-65% Securities, 20%-25% Equities, 5%-10% Cash and Equivalents
• Dynamic approach- 20%-25% Securities, 60%-65% Equities, 5%-10% Cash and Equivalents
• Aggressive approach- 0%-10% Securities, 80%-100% Equities, 0%-10% Cash and Equivalents

Trading Conditions Under Strict Regulation

The leverage on particular asset groups may vary. For example, CFDs on indices are traded under 1:20 at most, while currency pairs leverage is limited to 1:30. Due to the enforced legislation, the broker doesn’t offer leverage higher than 1:30.

Our doubts arise because of the omittance of the trading costs. Spreads are left undefined, despite the legal docs existing and providing trading information on each instrument group.

Poorly Defined Withdrawals

The overall lack of any substantial information about Apme FX withdrawal doesn’t instill much confidence. Every piece of info is either missing or partial at best, which makes us remember charlatans from Blex.

As a regulated firm, this broker shouldn’t give you much trouble with payouts. If your issues persist, however, inform your bank, regional financial regulator, or get in touch with our legal experts.

Final Opinion On Apme FX

While this firm adheres to the strict CySEC and MiFID regulatory standards, they don’t approach their clients with  transparency in mind. We never recommend trading with firms where you can’t examine or test the trading environment in minute detail, no matter the present licenses.

More concerning still is the fact that Apme FX doesn’t openly discuss any payment information. If you encounter any issues with payouts, get in touch with our expert team for legal guidance.