Thinking of getting into business with Apex Proton? Here is what you must know about this broker. Carefully read this review to find out if is the trading platform you will want to trade with.

About Apex Proton Broker

Apex Proton is an offshore brokerage company with a lot of promises for traders. The broker presents an assurance on traders’ documents through Alps Markets.

Here, the broker claims step by step market guidance for forex traders. It also presents low spreads, while offering leverage up to 1:500.

In spite the trading instruments Apex Proton claims to offer, traders must know they are dealing with an unknown broker whose regulation claims are false. Reasons to Avoid This Broker is a platform with no financial authority overseeing its financial services. Its regulation claims are not legit as no financial regulators recognize Apex Proton.

Another red flag we noticed on is that there is no demo account for traders. If traders can’t test Apex Proton broker on a free account, how then can we know its viability in the forex market.

Since this broker does not offer money back guarantee, trading on any account type is clearly a risk. This is a big warning for forex traders to avoid losing money with this broker. 

Withdrawal and Deposit

Withdrawal process

The withdrawal process and fees Apex Proton charges forex traders is stated below.

Apex Proton places an inactivity fee on a dormant account of two months or more. See below

This is just a way to reap you of your money and also frustrate the withdrawal process.

Minimum Deposit

Apex Proton minimum deposit is indicated $250. There are various account types for trading — Basic, Bronze, Silver, Gold and Platinum.

The broker presents a payment method with Credit/Debit card and Wire transfer. You should not consider making any payment with this broker in the first place because it is a risk. So beware!

Apex Proton Platform

Apex Proton operates a Web based trading platform.

The broker provides a leverage of 1:500. This is a high leverage to ever want to trade on. However, it is advisable you don’t consider doing that. In fact, Czech National Bank, CNB, has warned forex traders.

Apex Proton Licensing and Regulation

It is not far from believing that this broker is not a licensed brokerage firm. It is not under any financial regulation that means your money is at risk. Its licensed and regulation claims are false and must be avoided.

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Conclusion: Is a Reliable Broker?

No, is not a reliable broker for forex traders and because of that, you are advised to stay away from this broker.

The scam is on the wall for you to avoid crossing path with because its claimed license and lack of transparency are red flags.

Therefore, we do not recommend this broker for trading.

Kindly share your comment about this broker in the comment section.

By Dan

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