APM Markets
Pros and Cons
Pros
- Regulated by ASIC and FSA
- Diverse trading instruments including Forex, commodities, and indices
- Platforms: MetaTrader 4 and 5
- Comprehensive educational resources including webinars and tutorials
- Competitive trading conditions with low spreads and high leverage
Cons
- Not regulated by major authorities
- Limited range of trading instruments offered
- No support for WebTrader
- High spreads on major currency pairs
Basic Information
User Reviews
APM Markets Overview
APM Markets, founded in 2020, is a UK-based forex broker that provides an array of trading services including Contracts for Difference (CFDs) and spread betting. Regulated by the Financial Conduct Authority (FCA) under license number 942086, APM Markets ensures compliance with high standards of financial conduct, fostering trust among its clients and enhancing its credibility in the competitive forex market. The broker’s focus on transparent operations and client-centric policies underlines its commitment to providing a secure trading environment.
APM Markets offers a diverse range of trading instruments, primarily focusing on forex, commodities, and indices. Traders can access the advanced MetaTrader 5 platform, which is equipped with powerful charting tools and real-time data, facilitating informed trading decisions. The broker boasts a robust customer support system available 24/5, offering assistance in multiple languages through various channels, including live chat and email. APM Markets distinguishes itself with competitive spreads, fast execution speeds, and comprehensive risk management features, making it an appealing choice for both novice and experienced traders looking to navigate the dynamic world of forex trading successfully.
Is APM Markets Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| Financial Conduct Authority (FCA) | United Kingdom | Segregated Funds, Investor Compensation Scheme |
Is APM Markets Regulated and How Are Client Funds Protected?
APM Markets is regulated by the Financial Conduct Authority (FCA) in the United Kingdom, which is known for its stringent regulatory standards. As a regulated entity, APM Markets is required to adhere to strict rules designed to protect client funds. Client funds are held in segregated accounts, ensuring that they are kept separate from the broker’s operational funds. Additionally, APM Markets participates in the Financial Services Compensation Scheme (FSCS), which provides compensation to clients in the event of the broker’s insolvency, offering an added layer of safety for investors. This regulatory status and protection measures contribute to APM Markets being considered a safe and legitimate option for traders.
Trading Products and Services
What trading instruments does APM Markets offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | EUR/USD, GBP/JPY, AUD/NZD | 50+ |
| Commodities | Gold, Silver, Crude Oil, Natural Gas | Varies |
| Indices | S&P 500, NASDAQ, FTSE 100, DAX | Many |
| Stocks | Apple, Tesla, BP, Vodafone | 100+ |
| Cryptocurrencies | BTC, ETH, XRP, LTC | Varies |
APM Markets provides a diverse range of trading tools and financial products suitable for various types of traders. With a robust selection of asset categories, including Forex, commodities, indices, stocks, and cryptocurrencies, users can easily tailor their trading strategies to fit their individual needs. This extensive product offering not only caters to beginners looking to explore the markets but also to experienced traders aiming for sophisticated portfolio diversification. By offering many options, APM Markets promotes flexible trading strategies, enabling users to react to market conditions effectively and make informed decisions.
Account Types and Trading Conditions
What Account Types and Fees Does APM Markets Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Standard Zero | New traders | Zero-commission trading | No minimum deposit required |
| Pro Zero | Experienced traders | Low spreads with zero commissions | Minimum deposit of $500 |
| Raw | Professional traders | Transparent pricing with separate spreads and commissions | Requires a minimum deposit of $500 |
| Islamic Account | Clients requiring swap-free options | Adheres to Islamic finance principles | Available upon request and documentation |
| Demo Account | All traders | Practice trading with virtual funds | No time limit on usage |
Account Opening Process
To open an account with APM Markets, follow these steps:
1. Click on the “Open Account” button and fill out the registration form, which takes about 3-5 minutes.
2. Submit your personal, employment, and financial information.
3. Provide identity verification documents, including a government-issued ID and proof of address issued within the last six months.
4. Access the client portal to check the status of your documents and any additional requirements.
5. Once your account is verified, you can start trading. Note that you can upgrade to a professional account later if your trading volume qualifies.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (EUR/USD) | 0.8 | $0 (ECN: $3.5/lot) | Tight spreads for major pairs |
| Forex (GBP/USD) | 1.0 | $0 (ECN: $3.5/lot) | Competitive spreads for majors |
| CFDs (Indices) | 1.5 | $2.0/side | Varies by index |
| CFDs (Commodities) | 2.0 | $2.0/side | Standard rates for commodities |
| Cryptos (BTC/USD) | 1.0% | 0.1% | Variable depending on market conditions |
Other Fees
APM Markets has several additional fees to consider:
– Deposit/Withdrawal Fees: There are no fees charged by APM Markets for deposits, but your bank or payment provider may impose their own charges.
– Inactivity Fees: APM Markets may charge fees for inactive accounts, typically after a period of inactivity.
– Platform Usage Fees: No additional fees for using the trading platforms, such as MetaTrader.
– Overnight Interest (Swap Rates): Applicable on positions held overnight, varying based on the account type and market conditions.
– Currency Conversion Fees: Fees may apply for currency conversions during deposits or withdrawals, depending on the payment method used.
Trading Platforms and Apps
What Trading Platforms and Apps Does APM Markets Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MetaTrader 5 (MT5) | Windows, macOS, iOS, Android | Multi-asset trading, advanced charting, technical indicators, 2FA, market search, multiple order types, price alerts | Demo accounts, VPS |
| Web Version | Any device with a web browser | Real-time market data, encrypted login, technical analysis tools, push notifications | No additional services |
| APM Trader (Mobile App) | iOS, Android | User-friendly interface, real-time trading, encryption, order management, economic calendar, customer support | Demo accounts |
APM Markets provides a range of trading platforms suitable for different types of traders. MetaTrader 5 is ideal for advanced traders seeking comprehensive tools and multi-asset trading capabilities. The web version ensures accessibility from any browser, allowing for secure logins and real-time market analysis. The APM Trader mobile app offers the convenience of trading on the go, with essential features like real-time alerts and a user-friendly interface.
All platforms emphasize security, featuring encryption and two-factor authentication, ensuring traders’ data and accounts are protected. Quick order execution and efficient market search capabilities enhance the trading experience across all devices.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | Deposit: 1-3 days, Withdrawal: 2-5 days | Usually free, but banks may charge a fee (USD 15-30 for international wires) | Min Deposit: 100 USD, Max Withdrawal: 50,000 USD/day | USD, EUR, GBP, JPY, AUD |
| Credit/Debit Card | Deposit: Instant, Withdrawal: 1-3 days (after verification) | No platform fees, but cash advance fees may apply | Min Deposit: 100 USD, Max Withdrawal: 10,000 USD/transaction | USD, EUR, GBP |
| E-wallets (PayPal, Skrill, Neteller) | Deposit: Instant, Withdrawal: Same day | No platform fees, but e-wallet fees may apply (1-2%) | Min Deposit: 50 USD, Max Withdrawal: 10,000 USD/transaction | USD, EUR, GBP |
| Local Payment Methods (GrabPay, FasaPay, POLi, etc.) | Deposit: Instant, Withdrawal: 1-2 days | No platform fees, but local fees may apply | Min Deposit: 10 USD, Max Withdrawal: Varies by method | Supports local currencies |
Compliance & Security Background
Withdrawals must return to the original payment method due to anti-money laundering (AML) and know-your-customer (KYC) requirements, ensuring traceable fund flows. For first-time large withdrawals (typically over 2,000 USD), identity documents (passport) and address proof (utility bill) are required, with additional scrutiny for suspicious transactions.
Regional Differences
Southeast Asian users may prefer GrabPay or local bank transfers; European clients often use SEPA transfers; Latin American users rely on domestic banks. Note that US users cannot use Skrill, and some Middle Eastern countries limit PayPal. Partner banks in Japan may offer zero-fee transfers.
Cost Optimization Tips
- Small Deposits (<1,000 USD): Prioritize e-wallets or credit cards for instant, fee-free deposits.
- Large Deposits (>5,000 USD): Use bank transfers or SEPA for a lower total cost despite slower processing times.
- Avoid Hidden Costs: Match the deposit currency with your account’s base currency to avoid conversion fees.
- Multi-base Currency Accounts: Select brokers with several base currency options to minimize cross-currency fees.
How to Withdraw
To withdraw funds, log in to your account and navigate to the withdrawal section. Choose your preferred method (Bankwire or Card), enter the amount, and submit your request. Ensure that you have completed the necessary identity verification if this is your first withdrawal or if you are withdrawing a large amount.
Customer Support
APM Markets Customer Support Overview
Support Channels
APM Markets offers various contact methods for customer support to ensure that clients receive timely help. These include:
- Email: Clients can reach out via support@apmmarkets.com for any inquiries or issues.
- Live Chat: For immediate assistance, APM Markets provides a live chat feature on their website, allowing customers to get quick responses.
- Telephone: Customers can contact support by phone at +44 (0)20 3326 2131.
- Social Media: APM Markets is also active on various social media platforms, providing another avenue for customer support and engagement.
Service Availability
APM Markets provides customer support services 24 hours a day, five days a week (24/5), ensuring that clients can receive assistance whenever needed. The support team is equipped to communicate in multiple languages, including English, catering to a diverse clientele.
Additional Resources
In addition to direct support, APM Markets offers a range of educational resources, including:
- Video tutorials
- Webinars
- Market analysis
- Trading signals
These resources are designed to help clients enhance their trading skills and stay informed about market trends.
Frequently Asked Questions
APM Markets prioritizes fund security by maintaining client funds in segregated accounts with reputable banks. This ensures that client assets are protected and kept separate from the company’s operational funds. Additionally, APM Markets is regulated by the Financial Conduct Authority (FCA) in the UK, which imposes strict guidelines on client fund management and safety.
APM Markets offers competitive trading conditions, including low spreads and no hidden fees across various account types. Traders have access to leverage of up to 1:500, enabling them to control larger positions with a smaller initial investment. The platform supports a wide range of financial instruments, including forex, commodities, indices, and shares, and provides advanced trading tools for enhanced market analysis.
APM Markets is fully compliant with regulations set forth by the Financial Conduct Authority (FCA) in the UK. This involves adhering to strict standards related to client fund protection, transparent reporting, and operational integrity. The company regularly undergoes audits to ensure compliance and maintain high standards of financial conduct.
APM Markets provides comprehensive customer support, available 24/5 through various channels, including email, live chat, and telephone. Their support team consists of knowledgeable staff who can assist with account inquiries, technical issues, and trading-related questions. Clients can easily reach out for assistance, ensuring a smooth trading experience.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.