Apex and Co (apexandco.net) has been flagged by ASIC (Australia) for "Unlicensed". ASIC Investor Alert https://moneysmart.gov.au/check-and-report-scams/investor-alert-list#!apex-apexandco-eu--2077 and https://moneysmart.gov.au/check-and-report-scams/investor-alert-list#!apex-apex-and-co-com--2722
Addresses: Richtistrasse 2 8304 Wallisellen Switzerland This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: apexandco.net.
I wanted to transfer my portfolio from another broker to Apex and Co (apexandco.net). They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Clear documentation|Competitive fees|Social trading features
Cons: Research section could be deeper|Onboarding videos are outdated
The mobile app from Apex and Co (apexandco.net) is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Responsive team|Personal attention|Professional team|Comprehensive tools
Cons: No fractional shares
I opened an account with Apex and Co (apexandco.net) for a couple of months now ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Regular platform improvements|Stable platform
Cons: No dark mode on mobile
Apex and Co (apexandco.net) seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Reliable uptime|Multi-currency support|Personal attention
Cons: Limited ETF selection|Live chat only during business hours
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Apex and Co (apexandco.net) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Regular updates|Clear documentation|Instant funding
Cons: No fractional shares
Customer support at Apex and Co (apexandco.net) seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Easy to use platform|Competitive fees|Personal attention|Social trading features
Cons: Cannot customize dashboard fully|No crypto staking
The hidden fees at Apex and Co (apexandco.net) are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Educational resources|Transparent fees
Cons: Withdrawal takes 1-2 business days