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Does APEX FX FINANCE offer negative balance protection?
Freddie Kushch
France
2023-11-09
ANSWER APEX FX FINANCE appears to be an unlicensed trading platform, thus leaving its clients' funds at great risk. We strongly suggest you remain vigilant and stay away from it.The "Company Certificate" link on the website of APEX FX FINANCE directs to a image: an Australian business registration certificate for a company named Octanex Global. It is strange that the certificate even has a logo of the National Futures Association (NFA), a US financial watchdog, on it. Therefore, we searched for this company in the registers of the Australian Securities and Investments Commission (ASIC) and the NFA. However, no matching entries included in these registers. Furthermore, it is not clear whether APEX FX FINANCE is affiliated with Octanex Global.Furthermore, the Financial Conduct Authority (FCA) has added this forex brand to its warning list, stating that it is not authorized to solicit British investors. This warning further hurts APEX FX FINANCE's credibility.As such, it is advised against trading with APEX FX FINANCE that falls outside of the regulatory framework. Individuals dealing with it are not protected by rules and law. To safeguard their interests, traders are suggested to choose fully regulated brokers instead.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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