Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

APPFX

Vanuatu|2-5 years|
MT4 Full License|Regional Brokers|High potential risk|

https://appfx.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

4
Server Name
APPFX-Live MT4
Server Location Hong Kong

Contact

https://appfx.com/

Licenses

No valid regulatory information, please be aware of the risk!

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

Single Core

1G

40G

Open Now

Contact number

Other ways of contact

Broker Information

More

Company Name

APPFX Limited

Abbreviation

APPFX

Platform registered country and region

Vanuatu

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-07-14
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

APPFX · WikiFX Survey

Users who viewed APPFX also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

ATFX

8.50
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

KCM Trade

7.74
Score
5-10 yearsStraight Through Processing(STP)MT4 Full License
Official website

FBS

8.76
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

APPFX · Company Summary

APPFX Basic Information
Company Name APPFX
Registered country and region Vanuatu
Regulations Not regulated
Account Types Pro, Standard account
Minimum Deposit $50
Maximum Leverage 1:500
Trading Platforms MetaTrader 4

Overview of APPFX

APPFX, registered in Vanuatu, is an online trading platform providing financial instruments to traders. Offering both Pro and Standard accounts, users can trade assets via the MetaTrader 4 platform. Despite its flexibility and accessibility, the lack of regulatory oversight means traders should be cautious due to the inherent risks of unregulated trading environments.

Overview of APPFX

Is APPFX Legit?

APPFX is not regulated. It is crucial to note that this broker operates without any valid regulation, meaning it lacks oversight from recognized financial regulatory authorities. Traders should be cautious and aware of the risks associated with trading through an unregulated broker like APPFX. Potential issues include limited options for dispute resolution, concerns regarding the safety and security of funds, and a lack of transparency in the broker's business practices. Therefore, it is advisable for traders to thoroughly research and consider the regulatory status of a broker before engaging in any trading activities to ensure a safer and more secure trading experience.

Is APPFX Legit?

Pros and Cons

APPFX leverages the widely-used MetaTrader 4 platform, offering traders a familiar and reliable trading experience. However, the platform operates without regulatory oversight, which can expose traders to significant risks. Additionally, APPFX falls short in customer support options and lacks educational resources and transparency regarding its policies and procedures. Users have also reported difficulties accessing the website, which can hinder effective engagement with the platform.

Pros Cons
  • Utilizes the popular MetaTrader 4 platform
  • Operates without regulatory oversight, potentially exposing traders to risks
  • Lack of customer support options
  • Lack of educational resources or transparency regarding company policies and procedures
  • Unable to access the website

Account Types

APPFX offers two main account types to cater to different trading needs: the Pro Account and the Standard Account. The Pro Account requires a minimum deposit of $100, while the Standard Account has a lower minimum deposit requirement of $50.

Account Type Minimum Deposit Maximum Leverage
Pro Account $100 1:500
Standard Account $50 1:500

Leverage

APPFX provides a maximum leverage of 1:500 for both the Pro Account and the Standard Account.

Leverage

Trading Platforms

APPFX utilizes the MetaTrader 4 (MT4) trading platform, renowned for its user-friendly interface and advanced trading features.

Trading Platforms

Conclusion

In conclusion, APPFX leverages the widely-used MetaTrader 4 platform, offering traders a familiar and reliable trading experience. However, the platform operates without regulatory oversight, which can expose traders to significant risks. Additionally, APPFX falls short in customer support options and lacks educational resources and transparency regarding its policies and procedures. Users have also reported difficulties accessing the website, which can hinder effective engagement with the platform.

FAQs

Q: Is APPFX regulated?

A: No, APPFX operates without regulation, which means it lacks oversight from recognized financial regulatory authorities.

Q: What trading platform does APPFX provide?

A: APPFX utilizes the MetaTrader 4 (MT4) trading platform, renowned for its user-friendly interface and advanced trading features.

Q: What account types does APPFX offer?

A: APPFX offers two main account types to cater to different trading needs: the Pro Account and the Standard Account.

Risk Warning

Trading online carries substantial risks, and there's a possibility of losing all invested capital. It's essential to recognize that online trading may not be suitable for everyone. The information provided in this review is subject to change due to ongoing updates in the company's services and policies. It's crucial to verify the latest information directly from the company before making any decisions. Readers are urged to exercise caution and take responsibility for their actions when using the information provided in this review.

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

3

Comments

Write a review

阿宁64776
more than one year
Hahaha, appfx is nothing but a consummate scammer! They scammed me almost 6 thousand euros and closed my account! Now I open your website and they even deny my access. Can wikifx help me get my money back??? And when can these scammers be brought to justice??
2022-11-30 14:43
Reply
0
0
Jonas
more than one year
The **** faces of these scammers will eventually be revealed. When the money has not been obtained, the attitude towards you is in every possible way. While once the money is obtained, it will slip away. No matter how many calls you make, they will never answer, and no matter how many emails you send, they will never reply.
2022-11-27 16:15
Reply
0
0
Khanh Khanh
more than one year
I recently traded with this broker and lost $2,500; when I returned to check its regulatory details, I discovered that it does not have a license. I was enticed by its seductive words, and then it cheated me!
2022-11-27 08:59
Reply
0
0
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong China

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com