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https://appfx.com/
Website
MT4/5 Identification
Full License
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
More
APPFX Limited
APPFX
Vanuatu
Pyramid scheme complaint
Expose
Since APPFX s official website (https://appfx.com/) is now down, we had to resort to scouring other websites for relevant information in order to construct a rough picture of the company's forex broker operations.
General Information
Registered in Vanuatu, APPFX is an online forex broker offering a series of trading instruments through the advanced MT4 trading platform. Investors have the flexibility to choose from two trading accounts, with the minimum deposit to start trading with this broker starting at $500.
Please note APPFX is not subject to any valid regulation, be aware of the risk involved.
Account Types
APPFX offers two trading accounts: Standard and Pro. The Standard account requires a minimum deposit of $500, much higher than its competitors account-opening requirements.
The Pro account asks for an initial deposit of 1,000 USD, and this types of account is more suitable for professional traders.
Leverage
When it comes to leverage, APPFX permits traders to use leverage of up to 1:500, which is significantly higher than the levels regarded appropriate by many regulators.
As leverage can also result in severe losses of capital, it is essential that novice traders select a level of leverage with which they are comfortable.
Trading Platform
APPFX provides its clients access to the leading MT4 trading platform and some features and functionalities of the MT4 trading platform include the following:
User friendly and high-customized
Multiple technical indicators, and robust charting tools
Free EA hosting capabilities
Web and mobile trading support
Customer Support
Since there is no contact information, APPFX left its clients nowhere to turn to once something goes wrong during their trading and withdrawal process. This is quite dangerous.
Risk Warning
There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.
The information presented in this article is intended solely for reference purposes.
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