Apex Orbit is an online CFD trading service provider claiming to have been established in 2006, with its headquarters in the United States. The platform asserts that it is committed to creating an exceptional trading experience for its clients by offering technical support, customized services, and client education.
Products and Services
Trading Types
The platform's website lists various tradable CFD types, including:
- Forex
Global currency pair trading (such as EUR/USD, GBP/JPY) is offered, featuring high liquidity and 24/7 trading advantages. - Stock CFDs
Profit from price fluctuations without actually holding stocks, covering popular companies like Tesla and Apple. - Indices
Involves major global stock market indices (such as S&P 500, Dow Jones), suitable for investors focusing on overall market performance. - Metals
Covers safe-haven assets like gold and silver, as well as metals such as copper driven by industrial demand. - Commodities
Involves energy (crude oil, natural gas) and agricultural products (coffee, wheat), suitable for hedging inflation and diversifying portfolios.
The platform claims to support the following trading tools:
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
Upon verification, no information related to Apex Orbit was found on the MT4 and MT5 platforms.
Account Types
The platform offers two types of accounts, namely Standard Account and GU Plus+ Account:
Standard Account
- Spread: Starting from 1.0 pips
- Commission: None
- Leverage: Up to 500:1
- Minimum Deposit: 200 AUD
- Tradable Markets: Forex, stocks, indices, commodities, and cryptocurrencies
- Minimum Trade Size: 0.01 lots
- Features: Allows hedging, scalping, supports EA, offers free VPS (subject to terms).
GU Plus+ Account
- Spread: Starting from 0.0 pips
- Commission: 3 AUD per lot (one way)
- Leverage: Up to 500:1
- Minimum Deposit: 200 AUD
- Tradable Markets: Forex, stocks, indices, commodities, and cryptocurrencies
- Minimum Trade Size: 0.01 lots
- Features: Same as the Standard Account, but more suitable for high-volume traders and EA users.
Additionally, Apex Orbit claims to offer demo accounts for users to practice trading.
Deposit and Withdrawal Methods
The platform's website shows support for the following deposit and withdrawal methods:
- Mastercard
- Visa
- Skrill
- Neteller
- Bank Transfer
- Fasapay
Agency Policies
The platform has several agency policies:
Promotions
Earn cash rewards for referring clients, divided into three levels of rewards:
- NEW STAR REWARDS: Minimum deposit of $300 per client and at least 3 lots traded in forex or precious metals; reward of $300.
- ALL-STAR REWARDS: Same conditions, referring 20 clients; reward of $2000.
- MVP REWARD: Same conditions, referring 50 clients; reward of $5000.
Introducing Brokers
The website claims to offer flexible terms, commission options, and marketing support for forex partners. However, its authenticity is questionable.
Apex Orbit Affiliates Program
Primarily targets bloggers, digital marketers, and social media promoters, offering structured commission rewards.
White Labels
Offers customized MT4 and MT5 platform solutions. However, the authenticity of these features is also in doubt.
Regulatory Information
According to publicly available information on the website, it claims to be authorized and regulated by several regulators:
Mauritius Financial Services Commission (FSC)
Apex Orbit Pty Ltd (MU) is described as a global business company, registration number 138949, authorized and regulated by the Mauritius Financial Services Commission as an investment dealer (discount broker), license number GB13724991.
EU Regulation
Apex Orbit Ltd claims to be an EU business company, registration number 586/18, regulated by relevant EU financial institutions.
Australian Securities and Investments Commission (ASIC)
The platform also states it is authorized and regulated by the Australian Securities and Investments Commission (ASIC), AFSL license number 254963.
Regulatory Authenticity Investigation
- Mauritius FSC: A query with the Mauritius Companies and Business Registration Department shows that the company with registration number 138949 is actually NoDo (Mauritius) Ltd, and this company does not hold any financial license from the Mauritius Financial Services Commission. Moreover, there is no regulatory authorization found for Apex Orbit Pty Ltd, and the license number GB13724991 does not exist.
- EU Regulation: A search through the European Business Register found no company with registration number 586/18 or any legitimate registration information for Apex Orbit Ltd.
- Australian ASIC: A search with the Australian Securities and Investments Commission indicates that the AFSL license number 254963 actually belongs to GO MARKETS PTY LTD.
Website Traffic and Social Media
- Website Traffic: According to Semrush and Ahrefs, the website's average monthly visits is 2.
- Social Media: The social media links displayed on the website (such as Facebook, Twitter, etc.) are all inactive, with no actual accounts established.
Contact Information
- Phone: +1(470) 980-7478
- Email: [email protected]
- Online Form: The website offers a contact form feature.
Conclusion
Although Apex Orbit claims to be a long-standing, regulated CFD trading service provider, its entity and regulatory information have severe issues upon verification from multiple sources. Coupled with its fake traffic, inactive social media accounts, and possibly fabricated regulatory information, the platform appears more like a scam website leveraging false information to attract investors.
