Apex Platform Review
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Review
Fast Facts
Contact Info and Support
Traffic information
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About Apex Platform
The broker “Apex Platform” operating via the domain apexplatform.tech is offering financial and investment services without authorisation. The German regulator BaFin issued a consumer warning dated January 31, 2024 stating that this website provides such services without the necessary authorization. The notice also notes that apexplatform.tech is identical to apex-platform.io, for which BaFin previously issued a warning on October 13, 2023, and that both share a business address with styx-trade.com, subject to a BaFin warning on July 25, 2023. BaFin confirms that offering such services in Germany requires prior authorisation, which these operators lack.
“Apex Platform” claims to be registered in Australia and provides a registration number (10512494 LLC 2022) and a UK address; however, verification with the Australian regulator ASIC confirms no licence, and Companies House shows that the UK number corresponds to a dissolved, unrelated company. The platform therefore operates without regulation in those jurisdictions.
Pros and cons
Cons
- Provides financial and investment services without required authorisation, as confirmed by BaFin.
- Claims of registration/licensing in Australia and the UK are unsubstantiated; linked company number in the UK is dissolved.
- Unregulated status exposes clients to high risks: no investor protection schemes, no segregated accounts, consequences of withdrawal issues.
