Aptos has been flagged by Financial Services and Markets Authority for "Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
After spending since early this year trying to make Aptos work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Multiple order types|Clean UI|Demo account available
Cons: Alert system is basic
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Aptos recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Helpful community forum|Good mobile app|Easy to use platform|Excellent charting
Cons: Charting tools need more indicators|Slow to add new assets
I wanted to transfer my portfolio from another broker to Aptos. 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: Two-factor authentication|No hidden fees|Regular updates|Easy to use platform
Cons: Research section could be deeper
The spread at Aptos is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them through a podcast recommendation and initially thought the platform was good - until I started trading seriously.
Pros: Clean UI|Helpful community forum
Cons: Limited demo account features|Wish they had more educational resources