Cryptocurrency Exchanges

Global Apex Market

1.5 (13 reviews)
🇳🇿 New Zealand
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1.5
13 reviews
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About Global Apex Market

Global Apex Market has been flagged by Financial 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.

Customer Reviews

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A sinking ship

T
Tiffany Z.
2 weeks ago

The spread at Global Apex Market is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after a family member had a good experience and initially thought the platform was good - until I started trading seriously.

Pros: Fast execution|Full transparency|Multiple order types

Cons: Limited cryptocurrency options

Commission structure changed retroactively

A
Aria T.
1 months ago

I had high hopes for Global Apex Market after seeing their ad online, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.

Pros: Helpful community forum|Portfolio tracking tools

Cons: Limited social trading features|Cannot customize dashboard fully

No demo account that works

S
Sarah E.
1 months ago

I am in a dispute with Global Apex Market over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.

Pros: Multi-device support|Good analytical tools|Tax reports included|Economic calendar

Cons: Mobile app could be improved

False advertising at its finest

C
Carl O.
2 months ago

I have been trying to close my account with Global Apex Market 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: Two-factor authentication|Reliable uptime

Cons: Minor UI glitches occasionally

Warning to all investors

J
Jessica H.
2 months ago

I want to warn everyone about Global Apex Market. They have been flagged by Financial Markets Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.

Pros: Initially responsive customer service

Cons: Blocked my account|No legitimate license|Fake returns

Not worth a single penny

G
Gabrielle D.
4 months ago

I trusted Global Apex Market with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

Pros: Automated trading options|Demo account available

Cons: Wait times can be long during peak hours|Inactivity fee applies after 12 months

They do not care about customers

N
Nora W.
6 months ago

Global Apex Market locked my account without warning and demanded documents I had already submitted. for the past six months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.

Pros: Full transparency|Good analytical tools|Professional team|Multi-device support

Cons: Some tools only available on higher tiers

Currency margin requirements unclear

E
Emma T.
7 months ago

I wanted to transfer my portfolio from another broker to Global Apex Market. 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: Educational resources|Good mobile app

Cons: Mobile app could be improved|Withdrawal takes 1-2 business days

Red flags everywhere

E
Emily S.
8 months ago

I was about to invest with Global Apex Market but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Markets Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.

Pros: Website looks legitimate on the surface

Cons: Unauthorized firm|Found in IOSCO warnings database

Check regulatory status before investing

V
Victoria D.
8 months ago

This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.

Cons: Appears in regulatory warnings database|Uncertain regulatory status