APX Prime Broker Review – Is apxprime.com a Safe or Scam?
The broker apxprime.com is one of those platforms that should make your mind think twice before investing in it. It has a very bad reputation as a consequence of its questionable activities which include financial misconduct and withdrawal problems. This review will reveal the reasons behind labeling this broker a potential scam, as well as the necessity of regulatory supervision in the financial field.
In a thorough report, we discovered very serious concerns with APX Prime Broker, so let’s look into the details.
Why Has APX Prime Broker Been Blacklisted?
About APX Prime
APX Prime (apxprime.com) is a Saint Vincent and the Grenadines-registered online trading broker. The broker asserts that it offers access to a broad spectrum of financial instruments such as currency pairs of forex, CFDs on gold, silver, oil, stock indices, other commodities, and cryptocurrencies. The broker also provides various types of accounts like CENTS, STANDARD, and ECN. Trading is facilitated on the MetaTrader 4 (MT4) platform, which is highly flexible and mobile-friendly. Although such characteristics may seem appealing, various red flags have caused doubts regarding the broker’s legitimacy.
Website – http://apxprime.com/
Address – 31, Jalan Seksyen 2/3, Taman Kajang Utama, Selangor, 43000, Kajang, Malaysia
Regulatory Warning – Not recommended by the review website like Report Scam
Domain Blacklisted Status – It seems there is no direct mention of this domain being on a blacklist.
APX Prime Review – Key Issues
Unregulated Operations
Registered under the SVG FSA, APX Prime quite clearly indicates that it does not regulate forex trading. Thus, traders will have no protection or recourse when it comes to disputes or fraud.
Low WikiFX Score
APX Prime has a WikiFX score of just 2.09/10, which indicates a high-risk profile.
Complaints and Negative Reviews
In the past three months, the broker has faced 9 complaints and has been rated 2.1 (Poor) on Trustpilot. Users complained about difficult limits on fund withdrawal and bad customer service.
Technical Risks
The website has less traffic, and it is on a shared server hosting that provides high-risk return-related services.
This APX Prime review highlights numerous red flags. Traders are strongly advised to proceed with caution.
Common Financial Scams in 2025
Scam brokers continue to evolve, using various tactics to deceive traders:
1. Forex Trading Scams
Forex trading scams involve fake brokers, Ponzi schemes, and misleading offers of trading signals to lure investors into their traps.
2. Dating/Romance Scams
Romance scams involve fraudsters establishing fictional relationships on the internet to win the trust and money of the people. They frequently request monetary assistance or investment in fraudulent projects.
3. Fund Recovery Scams
Fund recovery scams target victims of previous frauds, falsely promising to recover lost money for a fee. Scammers disappear after collecting payments, leaving victims at a double loss.
4. Clone Brokers
These are scam platforms that imitate legitimate brokers to steal investor funds, often blocking withdrawals.
5. Offshore Unregulated Brokers
They generally operate without oversight, making withdrawals difficult and offering no investor protection.
How to Recover Lost Funds from APX Prime Broker
If apxprime.com Broker denies withdrawals:
- Contact Support – Request a written explanation and save all communication.
- File a Complaint – Report the broker to financial regulators.
- Initiate a Chargeback – If payments were made through the bank or credit card, file a chargeback.
- Report the Scam – Share one’s own experience on a scam-reporting platform to save others.
FAQs About APX Prime Broker
1. Is APX Prime Broker a legit trading platform?
No, the site is blacklisted by financial regulators and has many complaints of fraud and withdrawal scandals.
2. Why am I unable to withdraw my money from apxprime.com Broker?
Fraudulent brokers will typically use different means of illegal action to apply the brakes on withdrawal such as overly inflated fees or indefinite delay of requests.
3. Can I get the funds back from APX Prime Broker?
Though it is difficult to recover the funds, people can try chargebacks, legal complaints, and help from fund recovery services like Report Scams.
4. How can I determine whether a broker is regulated?
Always check the accuracy of the broker’s license through the official website of the financial regulator before investing your money.
About Report Scam – Your Partner in Fund Recovery
If you are a victim of APX Prime Broker, Report Scam can assist. Report Scam is an expert in helping scam victims of fake brokers, offering them guidance through the process of recovering funds. Our professional team of investigators works on scam cases, offers legal advice, and maximizes the possibility of retrieving lost funds. If you think you have been scammed, take action today and contact us for expert guidance.
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