Apme FX – All about the regulated broker Review

ApmeFX is a Forex Broker offering FX Trading services via MetaTrader 5 and has been operating since 2017. APME FX is a fully licensed and regulated brokerage. The company is based in Cyprus. They may not offer a demo account, but their product portfolio is a very attractive way of trading currencies, indices, CFDs and commodities.

Regulation

ApmeFX is a brand of Apme FX Trading Europe LTD, a company based in Limassol, Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC). The company was founded in 2017 and has been providing online trading services ever since. On this broker’s website, the regulator information and license number are clearly listed. Unlike some brokers who try to hide these details or display them in very small print, ApmeFX lists them openly and clearly. This is very conducive to the broker’s reputation and is also a sign of reliability, which is especially appreciated by its trading partners.

What can be traded?

The company provides a wide range of tradable instruments, including securities, currencies, interest rates, commodities, indices and other derivatives. Please see the “About Us” section for more details. However, in the “Products” section of the website, clients will only find information on which countries the company offers its services for On the other hand, they provide portfolio managers who work on behalf of the client. Portfolio managers’ goal is to maximize the client’s investment. You can choose from 3 different types of approaches:

• Conservative approach
• Dynamic approach
• Aggressive approach

Demo account

A demo account is one of the best ways to learn trading. It’s a virtual account mirroring the live one. Sadly, the platform doesn’t allow its clients to set up their demo account. And more than that: There’s no easy way of finding out about all the possible types of accounts. That is something the broker should definitely try to improve.

Broker fees with Apme FX

Unfortunately, it is difficult to find information about fees. For investors, information about fees is essential in their decision making. Specific prices are not readily available on the company’s website. Although various types of fees are listed, such as inactivity fees or withdrawal fees, specific amounts are not disclosed. For more detailed information, please refer to the company’s terms and conditions, which are available for download in the “Legal” section.

• “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”.

Registration process and the Use of MetaTrader 5

Every broker should place great emphasis on the quality of the online platform. To start trading with Apme FX, the first step is to install the popular MetaTrader 5 trading platform, which is available for both desktop and mobile devices. This platform is one of the best that traders and investors around the world use to trade Forex, CFDs, exchange-traded instruments and futures. The connection to the broker is then made directly within MetaTrader 5. Downloading MT5 for Windows or iOS is possible via a link on the Apme website.

Apme FX website

• Products
• Who we are
• About
• Metatrader

There is a section on the broker’s website where information and photos of the co-founders and managers of the broker are listed. We consider this to be a huge advantage as it is an absolute rarity among brokers.

Most online trading platform managers prefer to keep a low profile, for a variety of reasons. In the case of Ampe FX, however, the situation is completely different. The website clearly lists the managers’ job titles and their public profiles are available on trading networks such as Facebook, Instagram or LinkedIn. The management of Ampe FX has extensive experience in the online trading market and successfully promotes its activities. That brings us to the next part of this review. From a legal point of view, everything is very transparent, correct and clear and adds a few more imaginary points to the broker’s reputation.

Apme FX – Blog

During our review we found out another interesting fact about the broker AmpeFX. We are talking about the blog on the AmpeFX platform website. Here you will learn a lot of news from the world and you can see newly released analysis. We are very positive about the fact that the articles you will find here are not only about trading, but also about the news from the world. If you like to follow the latest news, you can combine the pleasant with the useful – trade and read the latest news.

Social Media of Apme FX and Means of Contact

The company’s contact information leads us to Cyprus, which is quite common as many trading businesses are based there. Consequently, you will find a Cyprus phone number and fax listed. To evaluate the broker’s technical support, we submitted a request detailing a specific issue. We received a response within just 30 minutes, and it included all the necessary information to address our problem. Given the prompt and effective resolution, we did not need to reach out to technical support by phone.

Pros and Cons

Clients of Apme FX can fully 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. One of the advantages of this broker is the ability to use the MT5 platform and also that the company provides information about its founders. On the other hand, the website lacks a chatbot, a detailed history, details about products and account types. Thus, the broker still has a lot of tasks ahead of it. Nevertheless, it is active on social networks and provides account management information on its website.

Pros:

• Regulated by CySEC
• MT5 for windows and MAC
• Simple website
• Professional portfolio managers
• Active blog
• Information about CEO’s

Cons:

• Difficulty deciphering products they provide
• Not transparent about history and fees

Our Score