ApmeFX is a Forex Broker offering Forex Trading services via MetaTrader 4, MT4 Mobile and Web trading platforms since 2017. APME FX is a fully licensed and regulated brokerage company. The company is based in Cyprus. They don’t offer a demo account and their product portfolio is trading currencies, indices, CFDs and commodities.
What can be traded
I haven`t found exact information on their website. In other reviews I read, they offer currencies, indices, CFD`s and commodities. The only mention on their website is a risk warning about trading CFD`s. There are no posts, no information at all in several parts of their website.
They have portfolio managers who work on behalf of the client. Portfolio managers’ goal is to maximize the investment. You can choose from 3 different types of Managers:
- Conservative approach
- Dynamic approach
- Aggressive approach
APME FX TRADING EUROPE LTD is regulated and supervised by the Cyprus Securities and Exchange Commission (CySEC). You`ll find extra information on their website about the company information, Client Categorisation Policy, Best Interest etc.
A demo account is one of the best ways to learn. It’s a virtual account mirroring the live one. You can learn on a real platform with virtual money, that is pre-loaded. Demo accounts are usually free and unlimited, but each broker has different conditions, so don’t forget to check them out. Unfortunately, this broker does not offer much educational support. No demo account so far.
It is difficult to find information even about fees. No mention in other reviews and surfing through their website, I can`t find any straightforward transparent table of fees. In a downloadable document from their website – Business Policies, I read:
- “If the Client Account is inactive for six months or more it may be charged a monthly maintenance fee”.
- “The provision of the Services by the Company is subject to payment of fees such as brokerage fees, commissions, interest payments, special service and other fees found on the Company’s fee schedule on the Company’s Website”.
- “Certain withdrawal fees, maintenance of Client Account fees may apply. The applicable fees may be found on the Company’s Website”.
No button to register or join. The only action you can take is to download MT5. MT5 started to download. Slowly.
Apme FX platform
Apme FX uses the award-winning MetaTrader 5 platform for trading. You may download MT5 on windows or IOS through a link on Apme`s website. MetaTrader 5 is one of the best platforms chosen by traders and investors from all over the globe for Forex and CFD trading, exchange-traded instruments and futures. So by all means, why not.
The brokers’ website
The design is simple, black and white colour is OK. It’s fast and functional. There is no live chat, a lot of information is missing, no CTA buttons…
At the top of the page, you have the main menu. Choose from:
- Who we are
Products – have only information about the Portfolio Managers and what countries you can trade from. Who we are – introduces to the few founders, where one, the HEAD OF DEALING DEPARTMENT is the only one without a portrait photo. He has a photo of the back of his head, which I don’t really understand. I didn`t find any educational support. No webinars, no articles, videos, demo…nothing.
Another downfall for Apme FX. No social networks. So the only way of contacting them is to call them on a Cyprus number. Yes, one telephone number only, fax them or email them. Other reviews don’t really praise them, there are only a few reviews I found on the internet, and they are bad reviews.
Advantages and disadvantages
Clients Apme FX can concentrate on trading with the security that their funds are safe because all CySEC-regulated brokers are members of the Investor Compensation Fund. This fund can cover a maximum of 20,000 EUR per person in the event of broker insolvency. The other positive part about this broker is the fact, you can use MT5. On the other hand. They don’t have any specific information on their website, no social networks, no chatbot, the introduction of the CEO is strange and even the history, products and types of accounts are missing.
- MT5 for windows and MAC
- Simple website
- Professional portfolio managers
- No products are shown on their website
- Not transparent about history and fees
- No educational support
- No social networks