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Apex FX Trading Forex Broker Review

by forex on June 5, 2009

About Apex FX Trading Forex Broker

apexApex FX Trading Forex Broker started their online operations in 2001. They are based in Jordan, and are not regulated by any financial body. Their minimum requirement for account opening is $2,000. Deposits and withdrawals can be made through wire transfer.

Apex FX Trading Forex Broker is a Muslim-friendly company, as they have no swaps. Spreads reach 3 pips (EUR or USD), so it is a bit high.

News against Apex FX Trading Forex Broker is also circulating the trader circuit, regarding legal matters that the company is facing. Due to the lack of reviews and feedbacks from their current clients, it is hard to confirm if Apex FX Trading is near bankruptcy, or if they are really facing serious legal matters. It is best that you be cautious when dealing with this broker, as they do not even provide addresses in their about page.

Basic Broker Details

Site http://apexfxtrading.com/
Country of Origin Jordan
Accepted Deposit Modes Wire transfer
Withdrawal Method Wire transfer
Leverage 1:100
Regulation Body Not regulated
Spread 3 pips (EUR or USD)
Minimum Account Requirement $2,000

Pros of Apex FX Trading Forex Broker

* Muslim friendly accounts

* MetaTrader 4 support

Cons of Apex FX Trading Forex Broker

* High spreads

* Marred reputation

* Unprofessional and uninformative website

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