apex-trade.capital has been flagged by AMF (France) for "Unauthorised". Category: Produits_dérivés_sur_crypto-actifs This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: apex-trade.capital.
apex-trade.capital changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Multiple order types|Comprehensive tools|Regular platform improvements
Cons: Nothing significant|No integrated tax optimization
I lost a significant amount because apex-trade.capital did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Comprehensive tools|Regular platform improvements|Fast execution|Excellent charting
Cons: Currency conversion fee exists
KYC with apex-trade.capital is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Customizable dashboard|Detailed reporting|Dividend tracking
Cons: Limited social trading features
I have been trying to close my account with apex-trade.capital for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Clear documentation|Tax reports included|Clean UI|Regular updates
Cons: Limited social trading features|Some tools only available on higher tiers
I signed up with apex-trade.capital from a blog post comparing services and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Segregated accounts|Helpful community forum
Cons: None so far|Would like more payment methods